Swedish knowledge tech startup Stravito raises €5.6 million

Swedish startup Stravito founded by former executives of the local unicorn iZettle has landed €5.6 million in funding for its search engine for market intelligence. The round was carried out by Amsterdam-based VC firm henQ, together with existing investors Inventure (Finland) and Creades (Sweden). Stravito’s product is akin to an internal search engine that makes […]

PayPal buys iZettle for $2.2 billion in win for European fintech

PayPal announced yesterday that it’s reached a deal to buy European fintech startup iZettle for $2.2 billion - the biggest acquisition in its history - before the Sweden-born company even had a chance to go a head with its recently uncovered plans to go public. iZettle started off providing Square-like credit card readers that plug […]

VC firm 83North closes new $250 million fund, its largest to date

Israeli VC firm 83North has today announced the close of its new tech fund at $250 million, its largest yet. The fund, 83North IV, from the firm previously known as Greylock IL, will invest in European and Israeli companies and brings the firm’s total capital under management to $800 million. 83North, led by partners Laurel […]