Early-stage edtech focused VC firm Sparkmind closes fund at €55 million

Helsinki’s edtech focused firm Sparkmind has closed its fund at €55 million, with the aim of supporting seed to Series B round founders. Sparkmind’s primary focus is on European startups, but they report that they’re not strictly limited by geography. Just 18 months old now, Sparkmind is looking to invest in 20-25 companies and has […]

Visa charges ahead, swipes up open banking platform Tink for €1.8 billion

Payments giant Visa has announced a definitive agreement to purchase Stockholm’s open banking platform Tink for €1.8 billion, including cash and retention incentives. Tink will continue to operate as its own brand and no management team changes are slated. After the Plaid deal was blocked by the US Justice Department over competition concerns, Visa was […]

Today in European Tech: Aircall and Hailo raise rounds at unicorn valuations, EU plans to launch bloc-wide cyber task force, and more

Hello! Here’s what happened today in European Tech. Deals – French cloud-based phone system and call centre platform Aircall has raised $120 million and now sits at a valuation of over $1 billion. – Israeli proprietary chip developer for deep learning on edge devices Hailo is completing a $100 million financing round at a company […]

French insurtech Hoggo raises €11 million

I sometimes wonder if the legal, insurance, and New York City alternate parking rules are intentionally confusing. This is an oxymoron, as of course they are. But France’s Hoggo is seeking to change that. Residents will now be able to park on … oh no wait, they’re bringing insurers, accountants, and companies all to the […]

With two unicorns in two weeks, Draper Esprit is bullish on France

It’s been a mighty good fortnight for Draper Esprit. With two French portfolio companies achieving unicorn status in less than two weeks — not to mention a £111 million raise via another (non-French) portfolio unicorn — I started to wonder what’s going on over at Garrick Street, and more importantly why? One of the most […]

Employee training platform Masterplan raises $13 million

Built over two rounds, employee training platform Masterplan has raised $13 million in convertible loans. Masterplan’s offer has become increasingly attractive over the past 15 months, with some major German brands jumping on board including Otto Group, VW, and EON. With this fresh influx of capital, the startup intends to further flesh out its software […]

Aircall raises $120 million at unicorn valuation

Cloud-based phone system and call centre platform Aircall has raised $120 million and now sits at a valuation of over $1 billion. With the past 15 months transforming just about every aspect of our working lives, it would appear as though Aircall has come out on top of the voice call race, offering deep integrations […]

Today in European Tech: Mollie nabs €665 million, GoStudent raises €205 million, EU launches probe into Google’s adtech services, and more

Hello! Here’s what happened today in European Tech. Deals – Mollie, an Amsterdam-based startup that provides a way for businesses to integrate payments into sites, documents and other services by way of an API, has raised €665 million in an all-equity round that values the company at €5.4 billion. – SoftBank, Tencent and other leading […]

Myos reevaluates risk assessment, raises €25 million

E-commercin’ ain’t easy. Especially when you’re just starting off and have very little to offer as a personal guarantee (read: debt funding) when trying to find some backing. To help bridge the divide, Berlin-based fintech Myos has developed a system to employs AI to evaluate risk assessment based not on the founders, but rather, on […]

AI-powered “better future of work” maker Memory raises $14 million

Norway’s Memory, the makers behind the ever-so-popular automatic time tracking app Timely, has raised $14 million in its effort to position Timely as the de facto choice within the time tracking and virtual work management market. The startup also reports that a portion of this funding will be used to support the development and launch […]

Italian crypto exchange Young Platform raises €3.5 million, aims to educate a new generation of investors

Hailing from Turin, crypto exchange Young Platform has raised €3.5 million in a new funding round. Before you jump to, “another crypto exchange?” Young Platform is targeting, you might have guessed, a younger generation of investors and is placing heavy emphasis on not only simplifying access to the world of cryptocurrencies but more importantly education, […]

Airbank receives €2.5 million with scouts from Accel and Sequoia on board

The Berlin-based fintech aimed at helping startups and SMB’s better manage their cash, Airbank, has closed a €2.5 million seed round that saw backing from Accel scout Luca Ascani, and Sequoia scout Marc McCabe. Founded in January of this year by Chris Zemina (former Principal with Speedinvest’s fintech fund) and Patrick de Castro Neuhaus, Airbank […]