Rocket Internet -backed Wimdu is merging with its rival accommodation booking platform 9flats in hopes to withstand Airbnb’s rise in Europe. The merger will result in Europe’s largest p2p accommodation rental marketplace, the companies claim, with half a million of properties on offer. Furthermore, the merger should result in ‘improved customer choice and experience’, and […]
French startup Drivy has raised €31 million to become the leading car rental marketplace in Europe.
UK car buying platform carwow raises £12.5 million
French tire company Michelin, also known for its leading travel, hotel and restaurant guides, has acquired London-based company Bookatable, which enables people to book restaurants online in the UK and other parts of Europe. The purchase price and terms of the deal were not disclosed. Update: DiGITAL claims the price paid amounts to about €108 […]
And we’re off. The first financing round in European tech that we recorded in 2016 is a relatively sizeable one: Berlin-based Movinga, which bills itself as Germany’s first online relocation company (more on that below), has raised $25 million from Index Ventures, according to Deutsche Startups. The company had earlier raised a €6 million funding […]
Jaime Novoa shines a light on Mitula Group, a Madrid, Spain-based vertical search engine and classifieds aggregator that went public in Australia earlier this year.
Vinted, a Vilnius, Lithuania-based e-commerce startup that’s been seeing a lot of interest in its peer-to-peer marketplace for secondhand fashion items, has raised $27 million in Series C funding in a round led by international media company Hubert Burda Media. VC firms Accel Partners and Insight Venture Partners also participated in the round, which brings […]