Switzerland’s cyber protection firm Acronis raises more than $250 million, now valued at $2.5 billion

Schaffhausen, Switzerland-based Acronis has raised over $250 million in a new funding round from CVC Capital Partners VII and additional investors including Goldman Sachs. With this round, the company now has a valuation of $2.5 billion. The quarter-billion in funding is slated to accelerate further growth, with a particular emphasis on the company’s go-to-market initiatives […]

Hamburg’s re:ceeve increases seed funding to $13.5 million

Hamburg-based re:ceeve has increased their seed funding to $13.5 million in its effort to become the leading no-code collections SaaS solution. Existing investors Mangrove, Speedinvest and Seedcamp all participated in the expansion round, with Seaya Ventures and 14W now on board. The funding is expected to expand the debt servicing and brokerage capabilities of the […]

London security firm 6point6 receives investment from ICG, now valued at $100 million

London-based cybersecurity firm 6point6 has received investment from Intermediate Capital Group to acquire a minority stake in the business, now valued at $100 million. Financial details were not disclosed. The investment is slated to support 6point6’s continued growth as they branch out into new verticals as well as expand further into Europe and launch in […]

Tallinn’s Bolt shifts into high gear with car-sharing service Bolt Drive

Ride-hailing, micromobility, and food and parcel delivery platform Bolt is now moving into the car-sharing space with Bolt Drive. The company will invest €20 million in the initiative, beginning the pilot in its home market of Estonia. With Bolt Drive, the company will become the first mobility platform in Europe that offers car-sharing, ride-hailing, and […]

Paris-based Fintecture raises $7.5 million in seed financing

Paris-based payment infrastructure provider Fintecture has raised $7.5 million in seed funding. The company is seeking to eliminate the limitations caused by a half-century-old system that was built around multiple intermediaries. The round was led by Target Global with Samaipata and Société Générale participating. Individual investors included operators and founders of Adyen, Affirm, American Express, […]