SevenVentures makes big bet on plus-size retailer Navabi in ‘media for equity’ deal

SevenVentures, the investment arm of the media conglomerate ProSiebenSat.1 Group, has received equity in online retailer for plus-size fashion Navabi, in exchange for media exposure that the former says will represent a “double-digit million” amount. All previous investors at Navabi, including Index Ventures and Verdane, remain on board. Navabi is using the round to achieve […]

Munich-based 42CAP closes a €50 million seed fund for B2B startups

42CAP, a Munich-based VC firm, has closed its second €50 million seed fund. The investors in the fund include the European Investment Fund (EIF), the German Kreditanstalt für Wiederaufbau (KfW Capital), Isomer Capital, as well as other private investors and business angels. Closing of the new fund will allow the firm to “lead seed investments […]

Investment bank GP Bullhound has closed its latest tech fund at €113 million

GP Bullhound, the technology advisory and investment firm born (and still very active) in Europe, has announced the final close of its latest tech fund at 113 million euros to continue backing companies with traction in the software, marketplace, fintech and entertainment sectors. The firm, which was founded back in 1999 and has invested in […]

Salesforce Ventures has invested in 50+ European tech companies since 2015, and it’s ramping things up with a new $125 million fund

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 […]

“Life is Growth” – A new Tech.eu + Stripe report on how, where and when European tech companies start scaling up

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 […]