NPM Capital acquires 35 percent of Dutch fintech startup Ohpen

Dutch private equity firm NPM Capital has acquired a 35 stake in Amsterdam-based fintech startup Ohpen from the company’s first investor Amerborgh for an undisclosed amount. Founded in 2009, Ohpen is a cloud-based banking engine that claims to be “a market leader in the Dutch midsize banking market.” The company plans to extend its offering […]

Danish IoT startup Webstech acquired by US-based TeleSense

Danish wireless sensor startup Webstech has been acquired by TeleSense, a US-based IoT company that specialises in solutions to improve grain storage. TeleSense plans to integrate Webstech’s products into its offering to offer a suite of sensor tech for grain storage facilities. Webstech CEO Thomas Kylling, who has a background in agriculture, will now join […]

UK-based GuestReady acquires French Airbnb management company BnbLord

London-headquartered GuestReady has acquired France’s BnbLord and claims to be the largest Airbnb management company in Europe with more than 2,000 properties. It has also announced the creation of a holding company, GuestReady Group based in Switzerland. Since its launch in 2016, GuestReady has acquired three Airbnb management companies. The other two were Oporto City […]

German professional social network XING acquires Honeypot for “up to €57 million”

German business social network XING has acquired the Berlin-based IT job platform Honeypot for €22 million, with another €35 million in earn-outs to be paid within the next three years if the company hits the unspecified “ambitious operating targets.” Honeypot operates an “inverted job board” for technical talent, in which companies send applications to candidates, not […]

Oxford University spin-off Animal Dynamics acquires Accelerated Dynamics

Oxford-based unmanned aerial systems startup Animal Dynamics has acquired another UK-based company, Accelerated Dynamics, which has developed ADx, an AI platform for drone fleet management. Animal Dynamics, which raised £6 million in funding last November, builds “bio-inspired” unmanned aerial vehicles (UAVs). Its main products, Skeeter and Stork, are designed after the flight mechanics of dragonflies […]