Peer-to-peer insurance company Lemonade raises $13 million from Aleph and Sequoia Capital

Lemonade, a NYC-headquartered peer-to-peer insurance startup founded by Israeli entrepreneurs Daniel Schreiber (formerly the president of Powermat) and Shai Wininger (a co-founder of Fiverr), has raised $13 million in a first (!) round of funding. The capital comes from Tel Aviv-based Aleph, which was co-founded by former Benchmark Capital partner Michael Eisenberg, and Sequoia Capital. […]

French youth-focused media company Melty raises €10.5 million

Melty, the Paris, France-based publisher of a host of websites and applications primarily targeting people between 18 and 30 years old, has raised €10.5 million in venture capital, Tech.eu has learned. The financing round, which is mean to boost content production and fuel international expansion, was led by Jaina Capital, a VC firm started by […]

British wearable tech startup Vector Watch raises $5 million more for its stylish smart watches

Vector Watch, the London-based wearable technology company that has made noise with its range of elegant (and long battery life-sporting) smart watches, has secured $5 million in funding. The British-Romanian startup has raised the fresh capital from a group of unnamed high-net-worth individuals, alongside Catalyst Romania and GECAD Group. The latter investment company, which was […]

Lakestar founder Klaus Hommels invests “seven-digit sum” in Factory Berlin, joins its board

As Factory Berlin expands its operations in the German capital, European investor extraordinaire Klaus Hommels has aligned himself with the fast-growing company behind it. The Zurich, Switzerland-based founder of VC firm Lakestar, which has just raised a massive €350 million fund, has backed Factory Berlin financially with the injection of a “seven-digit sum” (investment vagueness […]