Loc.tax tech.eu

Loc.tax locks in $3.6 million to expand tax platform for multinational companies

Loc.tax, a collaborative tax management platform for multinational companies, today announced a $3.6 million seed round led by Cavalry Ventures, with additional backing from Seedcamp, Mustard Seed Maze, and Amaranthine, as well as European angel investors. Founded by a team from Belgium and Lithuania, and headquartered in London, the startup is building a ‘tax operating […]

Flowrite tech.eu

Finnish startup Flowrite receives €550,000 to develop AI-based writing tool

Finnish startup Flowrite, builders of an AI-powered writing tool, has closed a €550,000 pre-seed funding round from Lifeline Ventures and Seedcamp, joined by angel investors including Unity founder David Helgason. Flowrite is among the first companies globally to launch and raise funding for a product built on top of OpenAI’s language model GPT-3.  Dubbing itself […]

Griffin tech.eu

Griffin gets £6.5 million to build banking-as-a-service platform and seek banking license

London-based Banking-as-a-Service provider Griffin has raised a £6.5 million round led by EQT Ventures. This investment follows the company’s previous £3 million seed round announced earlier this year. Seedcamp, Tribe Capital and a handful of angel investors — Paul Forster (co-founder Indeed.com), Matt Robinson (co-founder Go-Cardless/Nested) and Carlos Gonzalez-Cadenas (COO GoCardless) — also joined the […]

seedcamp tech.eu

London-based Seedcamp closes fifth fund at £78 million

London-based VC Seedcamp has announced the £78 million first and final close of its fifth fund, which will go to pre-seed and seed stage investments. Some capital will be reserved for follow-on rounds up to Series B. Seedcamp launched in 2007 and has since built a portfolio of over 360 startups, including European decacorn, UiPath, […]