German anti-fraud startup Fraugster raises $14 million

Berlin-based startup Fraugster that applies AI and machine learning algorithms to fraud detection in the e-commerce space, has raised $14 million in a funding round led by CommerzVentures, the venture capital subsidiary of Commerzbank, and early Fraugster investors Earlybird, Speedinvest, Seedcamp and Rancilio Cube, with participation from HSB Ventures, the venture capital arm of the […]

London-based legal services marketplace Lexoo secures $4.4 million

British legaltech startup Lexoo has raised $4.4 million in a funding round led by Earlybird, with participation from Forward Partners, general counsel at Zoopla Property Group Ned Staple, and others. Lexoo is trying to seize the trend of many senior lawyers moving out of large law corporations to work independently or join a boutique firm. […]

German blockchain banking startup Bitwala raises €4 million

German-founded blockchain banking service Bitwala has raised €4 million in funding from the venture capital firms Earlybird and Coparion. Bitwala is a crypto-friendly banking startup that offers its clients bitcoin debit cards, operates a bitcoin wallet service, and facilitates money transfers with SEPA and SWIFT by exchanging cryptocurrencies to more than 20 fiat currencies in […]

German medical startup MediDate acquires its competitor Medical One

Berlin-based e-health startup MediDate has acquired its rival, the Medical One clinic group, in a deal funded by the VC firm Earlybird, MediDate’s largest investor. The price of the acquisition has not been disclosed. Started as a digital intermediary in the sector of plastic and aesthetic surgery, the post-acquisition MediDate itself becomes a provider of […]

Earlybird closes €175 million fund to invest in early-stage European startups

Berlin-headquartered VC firm Earlybird has closed its €175 million “Digital West” fund that will focus on deep tech startups in German-speaking countries, Nordics, UK, Benelux, France and Southern Europe. The latest fund brings the total capital under management of the firm to €1 billion. “We see a steadily growing number of promising deep tech startups […]