Digital used car broker abracar raises €11.5 million Series A

German digital used car marketplace abracar has raised €11.5 million in Series A financing from Allianz X, the digital investment arm of the insurance company Allianz. Founded in 2016, abracar manages all aspects of selling used cars including writing listings, taking photos, pricing and negotiation, and finalizing the transaction with a used car warranty and […]

Finland’s Hintsa Performance secures €6.8 million to improve employee wellbeing

Finnish employee wellbeing and performance startup Hintsa Performance has closed a round of €6.8 million. The round was led by OP Insurance and Pontos Group, with participation from previous investor Ilmarinen. Hintsa provides wellbeing solutions for organisations, built on the concept of creating sustainable high performance as a by-product of holistic wellbeing. Hinta’s services range […]

UK-based hotel management platform Mews raises €6 million

London-based property management software platform Mews has raised €6 million in a Series A funding round. The round was led by Notion, with participation from HenQ and Thayer Ventures. “Mews’ mission is to help hotels and hostels automate their operations so they can focus on their guests, which is what the industry has always been […]

Druva acquires Irish CloudRanger to strengthen data protection and management

Irish startup CloudRanger, which provides backup and disaster recovery solutions for AWS, has been acquired by American cloud data protection and management company Druva. CloudRanger produces cloud server management software for businesses, with an easy-to-use interface that offers users scheduling and backup policies to save time and money. The company has more than 300 customers […]

Spanish startup Exoticca raises €3.5 million for its affordable luxury travel packages

Barcelona-based travel platform Exoticca has closed a a €3.5 million equity round led by K Fund. Sabadell Venture Capital, Nero Ventures, Grupo Palau, Palladium Corporate Venture and Smartech Capital also participated in the round. Through its platform, Exoticca offers ‘affordable luxury’ trip packages with various components including international and domestic flights, hotels, tourist guides, visits, […]

Dutch business travel app Roadmap raises €4 million Series A

Roadmap, an Amsterdam-based business travel platform and app, has raised a Series A round of €4 million. The round was led by Newion Investments and the founders of Roadmap. Roadmap, an app that “acts as a Swiss army knife”, offers several different functionalities. The app allows businesses to arrange travel plans and transportation for their […]