John Chambers, the CEO executive chairman and former CEO of American multinational Cisco, was so impressed with the French startup scene that he committed first $100 million, later $200 million to making investments on the ground. Cisco is investing directly in startups like 6Wind and Intersec, but has also taken up the role of ‘fund […]
If you thought Seedcamp, Rocket Internet or Kima Ventures were the most active investors in European technology startups, think again. The most prolific early-stage investment firm is actually Bonn, Germany-based High-Tech Gründerfonds (HTGF), which has backed 420 startups with close to €600 million in capital since 2005. This morning, HTGF announced that it will alter […]
The news was reported yesterday by German startup media, but as part of our ongoing efforts to keep track of the ever-changing European VC landscape: Vienna, Austria-based early-stage investment firm Speedinvest has raised its second fund, with €90 million / $100 million committed. There are a few interesting nuggets here. One is that this is […]
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 […]
Another day, another European VC firm announces funding. This time it’s Berlin-based Paua Ventures, whose first institutional fund goes live today with a first close of $45 million, with a final close expected to come in at about $65 million. Paua is a relatively young VC firm, which was bootstrapped by its management team with […]
Berlin, Germany-based travel startup GoEuro has raised $45 million in Series B funding on the heels of GetYourGuide securing $50 million last month. Goldman Sachs led the funding round, with new investors Atomico, Yuri Milner (DST), Tom Stafford, Sebastian Siemiatkowski (Klarna) and Ilkka Paananen (Supercell) chipping in. GoEuro claims its the largest platform in Europe […]
According to the FT, Google Ventures will stop investing out of a fund that it set up last year to invest in European startups, folding it back into the global GV fund.