Salesforce Ventures, the CRM software juggernaut’s corporate investment group, is today announcing that it has closed a $125 million fund to continue backing enterprise cloud startups across Europe. To wit, Salesforce Ventures says it has already backed more than 50 startups active in a variety of industries, across 13 European countries, including the likes of […]
Today, Tech.eu and Stripe have released the (free) “Life is Growth” report, a deep dive into the state of play for growth-stage technology companies in Europe. This is the second report Tech.eu and Stripe release after “Seed the Future” (November 2018), which looked specifically at early-stage investment in Europe. What’s clear from the report is […]
HERE, a digital maps company co-owned by German automotive companies Audi, BMW, and Daimler, has welcomed three Asian companies as new shareholders as it plans to expand in China. Chinese mapping company NavInfo, Internet services group Tencent (QQ, WeChat etc.) and Singaporean sovereign wealth fund GIC are jointly buying a 10% stake in HERE. It’s […]
Geneva-based virtual reality (VR) developer Kenzan Studios has received €4.7 million in Series A round led by InvestVR.
Israeli-American fintech startup BlueVine has received $49 million from existing investors Lightspeed Venture Partners, Menlo Ventures, 83North, Citi Ventures, Rakuten FinTech Fund and Silicon Valley Bank.
French Sabella, a designer of marine turbines, raised a round of €8 million. The investment comes from the Ecotechnologies Fund, as well as Force 29, Litto Invest and other shareholders in the company including Emertec, Go capital, and Farinia group IWF.
The LIFE project looks at the different challenges for European startups during their development. Some eye-opening data and conclusions down below: