This week we’re discussing the recent insolvency filings from two European startups, France’s plans to “embed” researchers into Facebook, Kenyan workers who make the AI magic, and more.
Equitable venture firm Kindred Capital has closed its first seed fund at £80 million to back early stage UK startups. The London-based firm, which first launched in 2015, runs an equitable venture model for this fund where any entrepreneur that is backed by Kindred becomes a co-owner in the fund. These founders then receive 20% […]
Tech.eu catches up with Ukraine-based Mac software firm MacPaw as it approaches its tenth anniversary.
The UK’s Paddle, a platform for software sales, has raised $12.5 million led by Notion Capital with participation from BGF Ventures, Kindred Capital, and Ukrainian software company MacPaw. Paddle is a platform for aggregating and managing the various stages of software sales such as trials and licenses, payments and taxes, and usage and crash analysis. […]
Ecommerce SaaS platform Paddle has merged with MacPaw’s DevMate, a software development platform. No terms were disclosed. Together the two companies will create one single platform for ecommerce and development for software businesses. London’s Paddle is acquiring DevMate’s technology, which will be absorbed into Paddle (team pictured) and will operate under that brand. DevMate’s team […]