Techstars raises $42 million from SVB and Foundry Group to accelerate its growth in Europe and beyond

Techstars, the worldwide network of startup accelerators and mentoring programs for entrepreneurs, has raised $42 million in a financing round led by SVB Financial Group, the holding company of Silicon Valley Bank, with additional participation from existing investors including Foundry Group. The capital will be used to accelerate Techstars’ growth in the areas of seed-stage […]

Belgian babysitting app Bsit raises €3 million to go international

Brussels-based startup Bsit raises €3 million in the financing round led by Connect Ventures. Other investors include Kima Ventures and the founders of AngelList, among others. The startup will use this capital to scale its subscription-based childcare and babysitting platform internationally, starting from France. Dimitri De Boose, CEO and co-founder of Bsit admits that for […]

Swedish esports fan app Strafe closes a $3 million seed round led by BITKRAFT Esports Ventures

Strafe, a fan app for esports enthusiasts, has raised $3 million in seed funding round led by BITKRAFT Esports Ventures. The capital will be used to focus on additional user acquisition, expanding its development team, and scaling its platform. Stockholm-based startup enables users to customise their in-app experience based on personal preferences. This allows them […]

London-based RevLifter scores £2.3 million as global retailers look to its AI-driven platform for personalised deals

RevLifter, the e-commerce deals personalisation platform, has successfully raised £2.3 million in seed round led by a syndicate of new and existing investors, including Coutts. The funding will be used for further platform development and expansion to the US market, where RevLifter sees 70% of revenue coming from by 2022.  The startup’s co-founders, CEO Simon […]

Cambridge-based Redgate spends $10 million on acquisition to cover more database platforms with Flyway

Redgate, the vendor of database development solutions for IT professionals, is investing $10 million in the acquisition and ongoing development of the cross-platform database migrations tool, Flyway.   For Redgate, already widely known for its SQL Server database expertise, the move will accelerate the company’s plans to help developers include the database in DevOps, regardless of […]

Cogito Capital completes first closing of its fund at €55 million, backs London-based MarketInvoice

Warsaw-based Cogito Capital has reached the first closing of its Cogito Fund I with €55 million in commitments. The fund is focused on late- and growth-stage enterprise software, fintech, insurtech, and mobility companies operating mainly in Central Europe.  Cogito Capital was founded in 2018 by Sylwester Janik and Martin Jasinski, venture capital and corporate executives […]