Reboxed tech.eu

UK startup Reboxed raises £500,000 to compete in the refurbished electronics market

Brixton-based sustainable commerce startup reboxed has raised £500,000 in pre-seed funding this year, including a recent round of £350,000 from angel investors. The platform just launched in September, kicking off the London company’s ambitious (and admirable) sustainability goals. The team says its mission to ‘rehome’ 100 million mobile devices by 2030 in an effort to […]

Ondato tech.eu

Lithuanian startup Ondato raises $2 million and moves HQ to London

Even after Brexit, some EU startups are choosing to move their headquarters to the UK. Namely Ondato, a Baltic digital identity business that plans to expand into other European countries in the next year. The Lithuanian company will now be based in London’s Canary Wharf district, using technology developed at its R&D centre in Vilnius. […]

Today in European Tech: SimilarWeb eyes $2 billion valuation in IPO, France resumes collection of its ‘digital services tax’, and more

Hello! We hope you’re enjoying the holiday break, but if that includes staying up-to-date on all things European Tech for you, here’s what happened today in this part of the world: Deals – SimilarWeb is set to join the ever-growing list of Israeli companies targeting a Nasdaq IPO in 2021, with a source telling Calcalist […]

Today in European Tech: Graphcore raises $222 million in pre-IPO round, more tech firms head for the Tel Aviv Stock Exchange, and more

Hello! We hope you’re enjoying the holiday break, but if that includes staying up-to-date on all things European Tech for you, here’s what happened today in this part of the world: Deals – Graphcore, the Bristol, UK-based maker of a new microprocessor designed specifically for AI, has raised $222 million in a (pre-IPO) Series E […]

Graphcore tech.eu

Bristol-born AI company Graphcore raises $222 million at $2.77 billion valuation

Graphcore, the Bristol-based maker of a new microprocessor designed specifically for AI, has raised $222 million in a Series E funding round that values the company at $2.77 billion post-money. After closing, the company expects to have over $440 million of cash on hand to support growth, particularly international expansion and software development. This latest […]