UK-based MyTutor raises £5 million for its one-on-one tuition platform

London-based MyTutor, a platform that matches school pupils to university students for one-on-one tuition, has raised a £5 million funding round led by Mobeus Equity Partners, with participation from its existing angel investors, including Thomas Hoegh (Arts Alliance), Clive Cowdery (Resolution), and Stephen Welton (BGF). This funding round brings the total amount secured by the […]

Berlin-based personalised furniture startup MYCS raises €10 million

German customisable furniture e-commerce startup MYCS has landed a €10 million Series B funding round led by Beringea, with participation from Zimmerman Investments and existing shareholders. The unique selling point of MYCS is that it’s offering a reasonably wide variety of customisation options for its wardrobes, sofas, shelving, tables, and chairs while keeping them within […]

Swedish fashion tech startup Virtusize sells to Japanese investors for €11 million, raises additional €700,000

Sweden-based startup Virtusize that has created a clothes-fitting solution for e-commerce websites, has been bought for €11 million by a group of Japanese investors, including Yahoo Japan Capital, Ideos Venture Cap fund, D4V, and a textile giant Toyoshima. The buyers will also invest an additional €700,000 in the company. Founded in 2011, Virtusize has raised […]

Bulgarian AI-powered chat bot startup Connecto acquired by marketing startup Leanplum

San Francisco-based mobile marketing startup Leanplum has acquired the Bulgarian startup Connecto, which creates AI-based conversational interfaces. Leanplum will use the acquisition and Connecto’s technology to enable brands to engage their customers in real-time, and to fuel innovation in AI, machine learning, natural language processing, and advanced algorithms across the its platform. Using Connecto’s conversational […]

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 […]

UK-based radio wave breast imaging company Micrima raises £4.4 million

Micrima, a breast imaging company based in Bristol, has landed £4.4 million in a funding round led by Technology Venture Partners, The Angel CoFund (ACF), and Venture Founders. This round brings the total amount raised by the company to £10.7 million. Founded in 2005, Micrima has developed a technology that it sees as an alternative […]

UK-based private blockchain startup Gospel Technology secures £1.4 million

Gospel Technology, a London-based startup working on keeping supply chain records on a private blockchain, has raised £1.4 million in funding from LocalGlobe. The company plans to use the money to increase its team of 25 people twofold within the next 18 months. The startup, which markets itself as one of the few blockchain companies […]