This week, we talked about what’s going on in European tech, including some of the biggest funding rounds of the week, M&A deals, tech policy, and more. We also discussed extensively the question of European money for startups, and the EIC Fund in particular.
Sofia, Bulgaria-based early-stage VC firm LAUNCHub Ventures is on its way to raising a €70 million fund by the end of the first half of 2021; today the company is announcing a €44 million first close as its investment activities across the SEE and CEE regions pick up. LAUNCHub Ventures was set up in 2012 […]
Giraffe360, a proptech startup that was born in Riga and now raised in London, has announced $4.5 million in funding to accelerate its growth. LAUNCHub Ventures and Hoxton Ventures led the round, while HCVC (Hardware Club) and Change Ventures also participated. The UK-based company offers a subscription service for its robotic camera, which lets real […]
FintechOS, a Romanian-born and London-based startup, has raised a £10.7 million Series A to expand its platform and app marketplace for financial institutions looking to digitalise. The round was led by Earlybird’s Digital East fund and OTB Ventures, with existing investors Gapminder and Launchub Ventures chipping in, as well. With FintechOS, traditional banks and insurers […]
OfficeRnD, the all-in-one software for coworking and flexible workspaces, has raised $3 million in funding, led by Flashpoint Venture Capital and Launchub Ventures. Since its launch in 2017, the London-based startup has tripled its revenue year-over-year, used by over 100 businesses in over 1,000 locations worldwide. The new funding will help the company grow even […]
OfficeR&D, a coworking space management platform, has raised $1 million in seed funding from LAUNCHub Ventures with participation from Constant Tedder, the co-creator of video game Runescape, and the cofounders of Bulgarian software firm Telerik. The startup is based in both London and Sofia. It plans to triple its staff and invest in further product […]
Bulgarian seed stage VC fund LAUNCHub Ventures has closed its new €18 million to invest in startups in Bulgaria and Southeast Europe. Lyuben Belov, one of the firm’s cofounders, said that the region is underserved when it comes to funding: “Our strategy is to become the obvious first choice for entrepreneurs in our region.” With […]