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German insurtech Getsafe acquires French startup Luko to expand its European presence
Getsafe has entered into an agreement to acquire French insurtech Luko.
Stanley Capital Partners announces first resource efficiency investment with Roboyo
Stanley Capital Partners has announced a strategic investment in Roboyo.
Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Defence AI company Helsing, announced it has raised €209m Series B funding.
Munich-based Aily Labs raises €19m Series A round to accelerate growth
Aily Labs has raised €19 million in a Series A round
Frankfurt-based compliance startup Qualifyze raises $12m to accelerate healthcare supply chain
Frankfurt-based startup Qualifyze announced a $12m funding round.
Berlin-based startup Mercanis raises $10m to boost savings for procurement teams
Berlin-based startup Mercanis announced the completion of $10m seed funding.
Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.
Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
NeXtWind has completed $750m second financing round.
sewts raises €7m to shape the future of robotics, automation in the textile industry
Munich-based deep tech startup sewts has closed €7m Series A financing round.
Aachen-based deeptech startup Elevear secures seed financing for audio technology market entry
deeptech startup Elevear has secured seed investment.
Frankfurt-based QuoIntelligence secures €5m seed financing to accelerate growth
QuoIntelligence announced a €5m seed financing round.
Freiburg-based constellr secures new funding to springboard US expansion
constellr has secured further investment to extend its seed round to a total of €17m.
NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Startup Creasphere has announced new partnership with NEOM.
German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth
Kassel-based deep tech startup Twinsity bags €2.5m from EIC
Twinsity, a deep tech startup, has secured €2.5-million funding from the EIC.
Germany joins Europe Startup Nation Alliance (ESNA)
Germany Trade & Invest (GTAI), Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).
German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
FERNRIDE has secured $31m Series A funding.
Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
GetYourGuide announced the closing of $194 million in equity and credit financing.
6 smart ways finance leaders are cutting business costs in 2023, Sastrify
It has long been a common practice for companies to make reactive cost cuts.
Alpine Space Ventures secures €60m to support the growing commercial NewSpace ecosystem
The EIF is committing €60m in equity to Alpine Space Ventures.
The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.
French EV startup Driveco raises $250m to become a European leader in EV charging infrastructure
Driveco, the innovative French electric vehicle charging startup, announced a €250 million fundraising round from Dutch pension fund manager APG.
German startup Wingcopter secures €40 to scale up electric delivery drones and logistics services
The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter, a European pioneer in unmanned delivery drone technology and related services.
[Interview] Patrick Mehrhoff, CEO and Founder, Mehrhoff Digital, Estonia
Patrick Mehrhoff is the Founder and CEO of Mehrhoff Digital, a Tallinn-based marketing consultancy for financial services.
Berlin-based startup The Climate Choice raises $2m funding round to decarbonize the supply chain
The Climate Choice, a climate intelligence software platform for decarbonizing industrial supply chains, announced $2 million in pre-seed funding.
Healthtech startup WELL invests in doctorly, launches strategic alliance to tech enable German doctors
WELL Health Technologies (WELL), announced it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (doctorly), a medical practice management software provider based in Germany.
Munich-based finway raises $10m Series A funding to reimagine spend management for European SMBs
finway, the German finance operating system for SMBs, has raised €9.2 million in a Series A round from Capital 49, an early stage venture fund led by founders of global fintech unicorn Airwallex.
German medtech startup HBOX Therapies raises €2.3m seed funding to accelerate clinical testing for lung treatment
Medtech startup HBOX Therapies, the developer of technology that facilitates lung-protective treatment of respiratory patients, received a seed investment of €2.3 million led by TechVision Fund (TVF)
German electric mobility startup Dance raises €12m to accelerate sustainable mobility solutions across Europe
Electric mobility subscription startup Dance has raised €12 million in additional equity and debt capital. The equity raise was led by existing investors HV Capital, Eurazeo and BlueYard.
Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.
German startup Maya Climate closes €1.2m pre-seed funding round to accelerate growth
Maya Climate, a Berlin-based global project financing platform for natural capital projects, announced a pre-seed funding of €1.2m led by Germany’s High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors.
Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.
German AI-powered road infrastructure SaaS startup vialytics nabs $10m Series A funding to accelerate global expansion
European market AI-powered road infrastructure SaaS startup vialytics has secured a $10 million Series A investment led by venture capital investor Scania Growth Capital.
Trackunit acquires German construction tech startup Flexcavo to accelerate growth
Global IoT services provider Trackunit, announced it has closed a deal for Germany's construction tech startup Flexcavo, enabling the telematics specialist to extend its reach in the contractor market.
Italian edtech startup Wyblo acquires college communication platform Clay to scale social learning
Wyblo, an Italian edtech startup creating tech to support the training industry, has acquired Clay, a Berlin-based startup that created a digital tool that helps instructors create a social classroom.
Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).
Berlin-based AI-powered startup Faircado raises €500K to transform E-commerce into Re-commerce
Faircado, a Berlin-based startup that provides the first AI-powered second-hand shopping assistance, announced it has raised €500,000 in a pre-seed round led by BackBone Ventures.
Munich-based startup Flowers Software secures $3.2m in seed to bring enterprise-grade workflow automation to SMBss
Flowers Software, an organizational management system that helps SMB companies improve their processes, announced it has raised $3.2 million in seed funding.
Berlin-based startup Crowd.dev raises €2.2m to launch the open-source platform for community-led growth
Berlin-based startup Crowd.dev announced it has raised €2.2 million to improve how developer-first businesses harness online communities.
Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.
German biotech startup Mogling Bio completes first seed investment round from Kizoo
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.
German startup 35up secures €5 million to cross selling platform for SMEs
A German startup providing cross selling platform has received five million euros financing from VC firm Capnamic and other existing investors.
German mobility startup Wunder Mobility receives €12 million to advance shared mobility globally
The investment positions Wunder Mobility as the highest funded provider of software and hardware solutions for vehicle sharing operators with fleets of e-bikes, e-scooters, e-mopeds, and cars.
German tech startup NeoCarbon raises €1.25 million to reverse climate change
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,
Daiichi Sankyo joins Munich-based Startup Creasphere's program powered by Plug and Play
Startup Creasphere, the Munich-based digital healthcare platform of Plug and Play, has announced its new partnership with Daiichi Sankyo.
German startup Dryad closes €10.5m Series A funding to speed up early wildfire detection technology
Dryad, the only provider of solar-powered environmental sensor networks for ultra-early wildfire detection and forest monitoring, has closed €10.5m in Series A funding.
Munich-based Celonis secures $1b to fight economic and supply chain challenges
Celonis, the global player in execution management, announced it has secured an additional $1 billion in funds to accelerate its unique position to help customers thrive in challenging economic environments.
BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.
German tech startup Cyanite announces new investors to support vision of universal music translation
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.
German space tech startup LiveEO secures €19m to bring space data insights to Industry 4.0
Berlin-based space tech startup LiveEO has secured €19 million in funding in what is one of the largest investments to date in Earth Observation in Europe.
Mymee acquires Berlin-based healthtech startup Breakthrough Health to scale growth
Mymee, the provider of specialized care and support for people with significant symptoms associated with autoimmune disease and long COVID, has acquired Berlin-based Breakthrough Health, the creator of the #1 mobile app Emilyn for people with multiple sclerosis (MS).
German startup Lumiform closes €6.4m to boost deskless worker app
Berlin-based deskless worker platform Lumiform has closed €6.4 million Series A financing round, led by Capnamic.
Berlin Business Office launches Skytrain to support U.S. LPs investing into venture capital funds in Berlin
Berlin Business Office announced the launch of Skytrain, a network to support U.S. LPs (Limited Partners) investing into venture capital funds in Berlin.
German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.
French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.
SAP.iO launches Resilient Supply Chain startup program in collaboration with Accenture
SAP SE announced the launch of a virtual startup program focused on building a resilient supply chain at the SAP.iO Foundries Munich and Tel Aviv.
German tech startup Admitad invests $1.2m in service providing coupon solutions for media
IT company Admitad, with the HQ in Germany and offices in the US (Chicago) and around the world, announced an investment of $1.2 million into White Label that provides сoupon solutions for the online media.
Capnamic closes $215m venture capital fund for early-stage investments in German-speaking countries
Early-stage investor Capnamic, announced its third venture capital fund of $215 million to focus on Pre-Seed to Series A investments in technology-based startups from the German-speaking region.
Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.
German logistics tech startup Forto raises $250m to accelerate international expansion
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.
Payhawk becomes first Bulgarian Unicorn after raising $100 million
Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m.
German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.
German e-bike startup ADO debuts high-end urban commuter D30
Frunkfart-based startup ADO is debuting an high-end urban commuter e-bike D30 officially. At the same time, ADO will join hands with Insta360 to launch the co-branded ADO Insta360 GO 2 XE, to cross city and chase adventure.
German startup Cansativa closes $15m Series B to become the ‘Amazon’ of cannabis for Europe
Cansativa Group announced it has closed a $15 million Series B investment led by Casa Verde with participation by Argonautic Ventures and Munich-based family office Alluti.
German healthtech startup Climedo raises €5m funding for product development, expansion within Europe
Munich-based healthtech company Climedo, received €5 million in a seed financing round. The lead investor is pan-European VC firm Nauta Capital. Westtech Ventures from Berlin and existing business angels.
Hamburg-based cofenster closes €8m Series A financing for expansion and product development
Software company cofenster raised €8 million in a Series A funding round led by signals Venture Capital with existing investor, Capnamic, reinvesting. In addition, a number of well-known entrepreneurs are participating as angel investors.
Fraugster partners with Dutch-based fintech startup Payaut to provide fraud prevention services to e-Commerce marketplaces
Fraugster, a German-Israeli payment intelligence company, has partnered with marketplace payout specialist Payaut, an Amsterdam-based fintech startup, to provide fraud prevention services to marketplaces.
Berlin-based contech startup Flexcavo receives around €7m to expand and digitize the construction industry
After the successful completion of the seed financing round with 6.4 million euros in September 2021, Berlin-based contech startup has increased its capital by around €7 million through various lenders.
Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Berlin-based clean energy startup Ostrom has raised a total of €4.4 million in pre-seed and seed funding to further its goal of making the switch to green energy as easy and affordable as possible.
German proptech startup Evernest closes €13m Series A funding to to accelerate growth
German proptech company Evernest has successfully closed a Series A financing round of €13 million to accelerate its technology platform development as well as German and international expansion.
Berlin-based fintech startup Denario raises €1.3m to automate B2B payments experience for small businesses
Berlin-based fintech startup Denario announced the closing of €1.3 million venture funding led by 468 Capital, with participation from Presight Capital and MPGI.
Munich-based startup Alasco raises $40m Series-B funding to revolutionize the real estate industry
Munich-based startup Alasco has raised $40 million in Series-B funding to follow the vision of creating the Real Estate Success Software and bringing the real estate industry up to par with leading digital industries.
Venture capital firm Eudemian Ventures debuts $10 million fund targeting software startups
Eudemian Ventures, a Silicon Valley venture capital firm with offices in San Francisco, California, and Munich, Germany, has announced the close of its $10M debut venture capital fund to support early-stage, U.S.-based software startups.
Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.
German indoor positioning tech startup NavVis raises €25m funding to digitize commercial buildings and assets
NavVis, a global leader in end-to-end solutions for reality capture and digital twins, announced it received €25 million of fresh equity funding that complements the recent €20 million debt funding from the EIB.
Machine learning company Hyperscience acquires German-based startup Boxplot
Hyperscience, the human centered automation company, has announced it has completed the acquisition of Boxplot, a startup based in Berlin, Germany.
German real estate firm CPS sets base in Kenya targeting investors keen on investing in Zanzibar
German Real Estate Firm CPS has set up a hub in Kenya to offer real estate advice and point Kenyan investors to investment opportunities for real estate projects in Zanzibar.
Robert Bosch Venture Capital GmbH joins Variantyx's $26m Series C funding round
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has completed an investment in Variantyx, to improve personalized oncology treatment.
Berlin-based investment platform Moonfare raises $125m Series C to accelerate global growth
Moonfare, the digital private equity investment platform for individual investors, raised $125 million in Series C funding, led by New York-based Insight Partners, to continue to develop innovative investment solutions and accelerate its international expansion.
Berlin-based on-demand delivery startup Gorillas secures close to $1b Series C funding, the largest European round in its sector to date
Gorillas, the European market player in instant on-demand grocery delivery, has successfully raised close to $1 billion in Series C funding round, being the largest funding of a non-listed business Europe's grocery delivery sector has seen to date.
German HR startup Personio raises $270 million funding, launches new software
Personio, Europe’s HR software company for small and mid-sized businesses, has announced People Workflow Automation, a new category of software.
Berlin-based startup Made of Air raises €5m seed round to make thermoplastics for Audi, H&M Group and other companies
Made of Air, the carbon negative materials startup that turns wood waste into thermoplastics, announced a €5 million in seed funding, led by Norwegian sustainability-focused family fund.
MXP Ventures announces $10m venture capital fund to propel next-gen of agency startups
Global incubator MXP Ventures announced the establishment of a $10 million venture fund to invest in new agency startups globally. The fund will focus on building and rapidly scaling new agencies across the marketing services spectrum.
German constructiontech startup Schüttflix raises $50m in additional financing, prepares to go international
After delivering more than 100,000 shipments in Germany, constructiontech startup Schüttflix announced it has raised $50 million of additional capital.
German startup Focused Energy raises $15m seed round to pursue commercial fusion energy production
Focused Energy, a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy, announced the successful completion of $15 million in seed funding.
Berlin-based Workist exits stealth to create global AI business connectivity layer
Workist, the company applying cutting-edge, deep-learning technology to automate business transactions, exited stealth and introduced its flagship product WorKI, an intelligent document processing tool that leverages advanced artificial intelligence.
Construction tech startup KEWAZO raises $5m Series A funding to scale robotic fleet in scaffolding industry
KEWAZO, a player in construction robotics, announced it has closed a $5 million series A funding round, bringing the total amount raised to $9 million.
Recreational vehicle startup RINDEV announces preorder reservations of its experience driven electric side by side
Recreational vehicle disruptor, RINDEV, announced the opening of preorder reservations for their exciting and futuristic electric side by side, designed to address issues of global warming and overall experience.
Insurtech startup Slope Software raises $2m to grow its actuarial modeling platform
Slope Software, the Atlanta insurtech startup that is modernizing actuarial modeling for insurers, announced a $2.0 million investment led by Tech Square Ventures, an early-stage investment firm.
Proptech startup Kocomo raises $56m to tackle cross-border co-ownership of luxury vacation properties
Kocomo, a pre-seed stage proptech startup backed by U.S., European, and Latin American investors, has raised $56 million in debt and equity to tackle cross-border, co-ownership of luxury vacation properties.
Korean space tech startup CONTEC gears up to transform space technology
CONTEC, a Korean startup gearing up to transform the space sector, is working towards providing holistic solutions required for downstream data transmitted by satellites.
Kenyan retail tech startup MarketForce raises $100,000 funding from Harambeans Prosperity Fund
The Harambeans Prosperity Fund, a donor advised investment vehicle formed through the Harambe Entrepreneur Alliance’s network of prominent families and corporations co-invested $100,000 in Y Combinator Harambean venture MarketForce.
South African fintech firm Ukheshe partners with dzcard to expand digital payment solutions in Asia Pacific
South Africa“s fintech startup Ukheshe which has been on a rapid expansion to different markets has announced a new partnership with global next-generation card solutions and digital security company, dzcard.
Autonomous vehicle insurtech startup Koop Technologies raises $2.5m seed round
Koop Technologies, an insurance technology startup specializing in autonomous vehicle and robotics risks announced its $2.5 million seed funding.
AI startup 3AI joins NVIDIA Inception program
AI startup 3AI announced it has joined NVIDIA Inception, an accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.
Nigerian mobility startup Plentywaka raises $1.2m seed funding, acquires Ghana’s Stabus
Nigerian mobility startup Plentywaka raised $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus.
Arab Bank launches its fintech accelerator program for startups in Egypt
Arab Bank launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back in 2018.
South Korean medtech startup Speclipse attracts $7.7m in investments with its laser spectroscopic and AI medical diagnosis technology
Speclipse, a startup specializing in laser spectroscopic and AI-based medical diagnosis technologies and a member of Born2Global Centre, attracted $7.7 million in investments.
Venture capital firm Companyon raises $27.5m for second fund
Companyon Ventures, a venture capital firm leading investment rounds in post-seed, pre-Series A B2B software companies, announced the closing of its $27.5 million second fund midway through the second quarter.
Hiration startup raises $3m to offer its affordable, AI-powered resume-building platform to job seekers
Hiration, the platform that offers world class resources that makes it easy for qualified candidates to create the perfect resumes and find their dream role, announced it has raised $3 million in seed funding from Prime Venture Partners, Venture Highway and Y Combinator.
Healthtech startup bttn. raises $5m seed add-on to modernize medical supply market
Healthtech startup bttn. announced it has closed a $5 million add-on to its seed round led by FUSE. The funds will be used to expand bttn.'s technology, sales, and operations teams wherein it will further expand and refine the platform, foster additional partnerships.
Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".
Hybrid gaming startup and broadcaster Live Play Mobile launches 24-hour-a-day live-hosted social casino game
Live Play Mobile, a new social gaming platform developer that combines live TV formats with mobile games, has become the first publisher to launch a 24-hour-a-day, live-hosted social casino game with its debut title, Live Play Bingo.
Prieto Battery startup raises $5.7m to accelerate development of solid-state advanced rechargeable batteries
Prieto Battery announced it has closed on the first tranche of its $5.7 million Series C Round financing. The investment will accelerate Prieto's development of its proprietary 3D solid-state rechargeable lithium-ion battery.
Startup venture AvenueAR launches first global music delivery platform
Startup music venture AvenueAR announced the launch of its digital music, a delivery platform where independent artists will have the unique opportunity to submit their music material directly to industry professionals.
Fintech startup Pngme raises $15m Series A funding to power the future of financial services in Africa
Fintech startup Pngme raised $15 million in Series A funding as the company sets out to grow its financial data infrastructure and machine learning-as-a-service platform for financial institutions and fintechs across sub-Saharan Africa.
Kenyan fintech startup Kwara selected for Mastercard Start Path program
Kenyan fintech startup Kwara is among the 11 startups that have been selected to join the Mastercard Start Path program.
Construction tech startup Buildforce closes $4m financing to sustain its revenue growth rate
On the heels of rapid growth, construction tech company Buildforce announced it closed a $4 million round led by TDF Ventures, alongside existing investor Mercury and Austin-based S3 Ventures.
End-to-end e-Commerce startup Cart.com raises $98m Series B to deliver integrated solutions for e-Commerce brands
Cart.com, the end-to-end e-Commerce services provider, announced the close of a $98 million Series B round, bringing the company's total funding since its launch eight months ago to more than $140 million.
Tel Aviv-based innovation hub Drive TLV to expand in the U.S. and Europe
Drive TLV, a unique innovation hub connecting high-tech Israeli startups with major corporate partners around the world, plans to begin working with U.S. and European startup companies next year.
Four Southern Africa’s innovative legal startups proceed to HiiL Justice Accelerator
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four innovators are part of a global cohort of 18 organisations who will receive €10 000 funding and business development support.
Ghanaian startup Plendify launches B2B e-Commerce marketplace
Ghanaian startup Plendify has launched a B2B e-Commerce marketplace to connect customers with small and large African wholesalers, manufacturers, exporters, and importers.
[Startup Interview] Dylan Pfeil, Co-Founder, Business Solutions Centre, South Africa
Business Solutions Centre is a South African-based telecommunication startup that has embraced a business model of providing a one-stop shop for all digital needs of clients.
Sports technology and gaming startup StatusPRO raises $5.2m seed round to accelerate growth
StatusPRO, a sports technology and gaming company that combines player data, augmented reality (AR) and virtual reality (VR) to create a suite of training and gaming products, announced it has raised a $5.2 million seed round.
Mobility fintech startup Moove raises $23m Series A funding to democratize vehicle ownership in Africa
Moove, an African mobility fintech startup, announced it has raised $23 million in Series A funding, led by Speedinvest and Left Lane Capital.
Jiddu acquires CerraCap Ventures portfolio company Nirveda Cognition
CerraCap Ventures, a Global Venture Capital fund, announced acquisition of its portfolio company Nirveda Cognition by Jiddu Inc for an all-stock deal. The transaction is one of a slew of recent exits from CerraCap's investment fund.
11 fintech builders join Mastercard Start Path global network to scale innovation
Mastercard has opened door to startups around the world looking to grow platforms across open banking, predictive financial modeling for small businesses, smart rental payments and beyond.
End-to-end marketing startup Surfside raises $4m to build out its cannabis data activation platform
Surfside, the end-to-end marketing platform turning first party customer data into personalized marketing for the cannabis industry, announced it has raised $4 million in Seed funding.
Next-gen self-storage startup Stuf announces new locations in San Francisco and Oakland
Stuf, the next generation self-storage business that provides easy-to-access and "right next door" storage, announced two new locations in San Francisco and Oakland, California.
Digital Disrupt invests in AI-powered cosmetics startups to reinvent the future of beauty
Openface, a personalized AI-based cosmetics solution, raised $380K as Digital Disrupt VC club looks to pioneer data-driven beauty tech in Europe. Belgian fund Pitchdrive participated in the pre-seed round.
2Gether-International launches first tech cohort with support from Google for Startups
2Gether-International (2GI) announced a new and a first of its kind tech cohort exclusively focused on advancing opportunities for disabled entrepreneurs, with support from Google for Startups.
Tech startup Tetavi closes $20m venture round to increase its presence in North America
Tetavi, a volumetric technology platform, announced it has closed its latest venture round led by New York-based global private equity and venture capital firm Insight Partners, with participation from OurCrowd, Nimble Ventures and additional private investors.
Ecobank launches 2021 edition of its fintech challenge for African startups
The pan-African banking group, Ecobank group, is inviting African fintech entrepreneurs to join the 4th edition of the Ecobank Fintech Challenge.
Healthcare startup Kenshō Health raises $3.5m seed round to build the future of holistic medicine
Kenshō Health, the first care navigation and provider discovery platform for holistic medicine, raised a $3.5 million Seed investment led by KB Partners, with participation from Company Ventures and Gaingels.
25 African female-founded tech startups selected to join CMM PR mentorship program
Twenty-five African female-founded tech startups have been selected for the second edition of The Future is Female Mentorship Program, a PR and communications mentorship program dedicated exclusively to African female tech founders.
New Zealand legaltech startup LawVu raises $17m Series A funding to expand its category leadership
Legaltech startup for in-house legal teams, LawVu, announced it has raised $17 million NZD in Series A funding led by New York-based global private equity and venture capital firm Insight Partners with support from Australian venture capital firm AirTree Ventures.
RentCheck startup raises $3.6m to automate rental property inspection process
After stealthily achieving product-market fit, RentCheck, world's first vision-based, automated property inspection platform, is ready to change the tenant-landlord dynamic. The company will take aim at the tenant "deposit deduction" problem.
Insurtech startup NEXT Insurance participates in Amazon Insurance Accelerator to provide access to affordable General Liability coverage
NEXT Insurance, the digital insurtech company transforming small business insurance, announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates.
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.
John Deere acquires agritech startup Bear Flag Robotics to accelerate autonomous technology on the farm
Deere & Company has signed a definitive agreement to acquire agritech startup Bear Flag Robotics for $250 million. Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines.
AEI partners with Boeing to expand early-stage investing at HorizonX Ventures
AE Industrial Partners, LP (AEI), announced a partnership with Boeing to manage and invest in HorizonX Ventures, Boeing's venture capital fund.
UK-based adtech startup Playrcart raises £1m as it prepares for growth
UK-based startup Playrcart, the company that makes advertising assets instantly transactional, raised over £1 million in funding and added industry heavyweight Peter Scott as Chairman.
Korean drone startup PABLO AIR expands U.S. drone delivery business
PABLO AIR, a company specializing in drone logistics solutions and delivery services and a member of Born2Global Centre, has collaborated with local American companies to expand its business in drone delivery in the United States.
Tel Aviv and London-based AI construction tech startup Buildots raises $30m Series B funding as its technology reaches 12 countries
Buildots, the AI construction tech company announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, Tidhar Construction Group and Maor Investments.
HUAWEI partners with Singapore-based healthtech startup Plano to tackle global problem of myopia
Huawei Technologies and Plano announced a partnership to address the global problem of myopia. Through this partnership, Huawei and Plano will provide Huawei users with easy-to-use, innovative, and science-based technological solutions.
Full-stack delivery scale-up Merqueo raises $50m Series C to expand its grocery delivery service across Latin America
Merqueo, a full-stack delivery scale-up, landed a $50 million series C round led by IDC Ventures, Digital Bridge and IDB Invest. The company is the first and largest full-stack grocery delivery player in Latin America.
Fintech startup Rapyd raises $300m Series E to further enhance its service offering
Rapyd, a global Fintech as a Service company, announced a $300 million Series E funding round led by Target Global.
Audent Global Asset Management leads $11.7m investment round for tech startup Ryff
Audent Global Asset Management, a full-service investment boutique providing global investment solutions, is leading the next round of financing for Ryff, a technology startup that is poised to disrupt the world of visual advertising radically and permanently.
Los Angeles-based veterinary startup Modern Animal raises $75.5m to reimagine veterinary care
Modern Animal, a new kind of veterinary company, announced $75.5 million in funding - a $35.5 million Series A led by True Ventures and Addition and a $40 million Series B led by Founders Fund, who also led the company's Seed round in 2019.
B2B sales productivity startup Nektar.ai closes $8.1m to accelerate product development, launch in the US market
B2B sales productivity startup, Nektar.ai has raised an additional $ 6 million seed round of funding led by B Capital Group, 3one4 Capital and Nexus Venture Partners.
Tech executive Mark Bregman launches Quidnet Ventures, a venture capital fund based in New Zealand
Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based in New Zealand and operated out of New Zealand, San Francisco and New York City.
Philadelphia Eagles Rookie Wide Receiver Devonta Smith joins tech startup LifeBrand
LifeBrand, a tech startup that offers solutions to help build and protect personal and corporate brands on social media, has teamed up with Philadelphia Eagles Rookie Wide Receiver DeVonta Smith to take their game to the next level.
Mental health and wellness startup Rey raises $10m Series A funding for expansion through digital capabilities
Rey, a new mental health and wellness company integrating immersive tools and digital interventions with teletherapy, announced $10 million in new funding, increasing its Series A to a total of $26 million.
Confluera named top cybersecurity startup in 2021 Black Unicorn Awards
Confluera, the provider of next-generation cloud detection and response, has been named a winner in the "Top 10 Cybersecurity Startups" category of this year's 2021 Black Unicorn Awards, by Cyber Defense Magazine.
Oregon-based startup Marwall launches LunchPod to change how Americans go out to eat
Oregon-based startup Marwall LLC is releasing the LunchPod, a stainless steel insulated lunch box with custom utensils and a removable, collapsible silicone to-go container with the goal of changing how Americans go out to eat.
BMZ launches startup support programme for Kenyan entrepreneurs
The Federal Development Ministry (BMZ), has expanded its developPPP Ventures programme in Kenya to support local startups.
Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
Berlin-based profit for impact startup betteries has successfully closed its €2.1 million seed funding round led by impact funds Factor[e] Ventures and Beyond Black.
Snap acquires tech startup Fit Analytics
Snapchat's parent company Snap has acquired Fit Analytics, a technology startup that has built technology to help shoppers pick the right-sized clothing and footwear when they shop online.
No-code business intelligence startup y42 raises $2.9m for scalable and affordable data stack
y42 (formerly Datos Intelligence), a no-code business intelligence platform, announced a seed round of $2.9 million, led by La Famiglia VC. Additional investors include the co-founders of Foodspring, Personio and Petlab.
Dryad secures €1.6m funding to accelerate development of wildfire detection solution
Dryad is developing Silvanet to help public and private forest owners monitor, analyze and protect the world's largest, most remote forests and tackle the devastating impact of wildfires on the environment.
Mediahuis Ventures invests in AI coaching startup BUNCH
Mediahuis Ventures, the venture capital arm of European media group Mediahuis, is investing in BUNCH, a New York and Berlin based AI coaching startup.
Personio secures $125 million funding as it builds Europe’s top HR platform for SMEs
Personio, the all-in-one HR platform, has announced $125 million of new and preemptive Series D funding in an investment round that values the business at $1.7 billion.
Autonomous sweeper from Berlin startup approved for public road use in Singapore
The autonomous compact sweeper "Donner", developed by a consortium led by ENWAY and Bucher Municipal, has passed the Land Transport Authority's approval test for autonomous vehicles for use on public roads.
sennder raises $160 million to accelerate digitization of European trucking
Through its proprietary technology, sennder directly connects enterprise shippers with trucking companies, bringing greater transparency and efficiency to both carriers and shippers.
Delivery Hero launches venture capital fund to drive innovation in food delivery
Delivery Hero, the world’s delivery platform, has announced the launch of DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies.
Energy Robotics secures €2 million funding to advance mobile AI-based robotics solutions
Energy Robotics, a German-based developer of software solutions for mobile inspection robots, has received two million euros in seed funding.
[Startup Interview] Alexander Hotz, Co-Founder, Talenter, Germany
Talenter is a fully tradable crypto currency that offers people access to any type of service and course globally, from low-specialized jobs like lawn mowing or dishwashing to highly qualified services like translation or wood carving.
Berlin startup DigiWhat launches international B2B case studies standard
Berlin startup DigiWhat launched international B2B case studies standard to simplifiy marketing, matchmaking and lead generation efforts for tech companies, venture builders and events.
German startup 4tiitoo launches NUIA Full Focus, smart software for natural eye contact in video calls
Munich-based startup 4tiitoo (forty two), which specializes in gaze control of computers, launched NUIA Full Focus, a software that creates natural eye contact with conversation partners in video calls intelligently and without artificial image adjustments.
Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.
German tech startup CloudRadar launches new data center in Johannesburg, South Africa
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.
German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.
Accenture joins Plug and Play's Startup Creasphere program
Startup Creasphere, one of Plug and Play's global offices focused on Health in Munich, announced its new partnership with Accenture.
ESL and DreamHack merge to shape the future of E-sports and gaming
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.
German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.
Delivery Hero buys Glovo’s Latin America operations at $272 million
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.
Infarm announces $170 million financing to grow innovative urban farming model
Berlin urban farming network Infarm has announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.
AI-based startup SafeRide expands into Germany to support, accelerate growing business in Europe
SafeRide Technologies, a leading provider of AI-based vehicle health management, data analytics, and cybersecurity solutions for connected and autonomous vehicles, announced the opening of a new office in Germany.
Nortal to acquire German-based IT solutions company Schütze
Global tech company Nortal has entered into a definitive agreement to acquire Schütze AG, a strategic consulting and software engineering company in Germany.
StartUp Namibia launches Round 2 of COVID 19 Startup Grant
In order to support more startups and young enterprises, StartUp Namibia and its partners announced Round 2 of the COVID-19 Startup Grant, called “Startup Survival Grant”.
Demodesk raises $8m to scale world’s first intelligent online sales meeting software
Demodesk has raised $8 million in the latest Series A funding round, led by Balderton Capital with participation from Target Global, to scale the platform that has revolutionized screen-sharing for great customer conversation.
Traveltech startup Omio raises $100m to strengthen position as global travel platform
Omio, formerly GoEuro, Europe’s leading multi-modal travel booking platform, announced it has secured $100 million in investments from existing and new investors.
German traveltech startup Omio launches 'Open Travel Index' to navigate new travel era
Europe’s leading multi-modal travel booking platform Omio is reigniting travel by launching a new online resource to help travellers easily understand where they can travel to within Europe.
Tubulis secures €10.7 million to develop a new generation of antibody-drug
Germany-based startup Tubulis has closed a €10.7 million Series A financing round to accelerate the development of a new class of highly stable and efficient antibody-drug conjugates (ADCs) and to support the further growth of the company.
German computer vision startup Segmentive closes €2m seed round to breakthrough whole-body mobile segmentation
Deep-tech computer vision startup Segmentive closed final funds in €2m seed round in a bid to deliver whole-body video segmentation, in real-time and on mobile.
Dutch fintech startup BUX launches zero-commission investing app to French users
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.
German startup NavVis receives €20m funding from the European Investment Bank
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.
German startup Elucidate raises €2.5m to expand its financial crime index
Berlin-based financial crime risk quantification agency Elucidate has raised €2.5 million investment led by Silicon Valley-based 11.2 Capital with other participants in the round including Seed X Liechtenstein, Apex Ventures, Big Start Ventures and SixThirty Ventures.
Germany experience management startup zenloop raises €6.1 million to fund expansion
zenloop, an integrated experience management platform based in Germany has announced a financing round of 6.1 million euros.
[Startup Interview] Wolf-Dietrich Fugger, Co-Founder, EWIA Green investments, Germany
EWIA Green investments is a renewable energy company based in Germany with an office in Ghana. Through Solar-as-a-Service model the company sells photovoltaic systems to commercial and industrial customers in form of leasing.
Pan-European startup EstateGuru exceeds €350K funding target by 252 %
Pan-European marketplace for short-term, property-backed loans, EstateGuru has closed a €880K funding round on investment platform Seedrs.
EIT Health selects startups for Headstart 2020
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.
Germany startup Vara raises €6.5 million for AI-powered breast cancer screening software
Vara, the Berlin-based company on a mission to save lives by making breast cancer screening accessible worldwide, has raised €6.5 million Series A funding round, led by OMERS Ventures.
Germany recruitment startup Zenjob bets on €27 million funding for expansion
Digital recruitment agency Zenjob has successfully completed its Series C financing round of €27 million which it is betting on to grow footprint.
Germany-based Zeitgold raises €27 million to automate bookkeeping
Zeitgold, has announced it has raised €27 million in Series B funding as it seeks to grow its footprint in small business accounting automation business.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here