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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.
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.
Food startup Next Gen Foods debuts TiNDLE in the U.S., announces $100m Series A funding round
Food startup Next Gen Foods announced its first product TiNDLE, now available in a range of iconic restaurants across the East and West Coasts in some of the country's leading "foodie" cities.
Paperwork secures $2.5m seed funding to improve financial wellbeing of American families at all life stages
Paperwork, the financial wellness solution that transforms the way people organize and manage their financial lives, announced it has closed $2.5 million in seed funding in a raise led by Kickstart Fund.
Israeli logistics startup PrettyDamnQuick raises $6m seed round to expand growth in the U.S.
Israeli e-Commerce startup PrettyDamnQuick, the provider of checkout-to-delivery management platforms for e-Commerce businesses, announced the closing of $6 million seed investment round.
Retailtech startup Cortina raises $6m seed round to accelerate growth
Cortina, a revolutionary software solution that gives any retailer, from big box to mom-and-pop, the power to become a player in the fast-evolving marketplace revolution, announced it has closed $6 million in seed money.
South Florida-based tech startup Casa closes $1.2m pre-seed round to launch 'Business in a Box' for home improvement industry
Casa, a South Florida-based technology startup that provides home improvement contractors turn-key software to run their business, announced the closing of a $1.2 Million pre-seed fundraising round.
London-based BSV blockchain startup accelerator Satoshi Block Dojo secures investment from Ayre Ventures
Satoshi Block Dojo, the London-based technology startup incubator that assists entrepreneurs building businesses on the BSV blockchain, has secured significant investment funding from Ayre Ventures
Paraclete raises $1.5m to launch world's first SoulCare platform
Paraclete, world's first SoulCare platform for the workforce, closed a $1.5 million pre-seed round to help workers live a thriving life at work, home, and everything in between.
AI recruiting startup Emi raises $11m to help enterprises hire better frontline workers, faster
Emi, the conversational AI recruiting platform for frontline workers, has secured $11 million in Series A funding, led by Merus Capital and Khosla Ventures.
Edtech startup Tutored by Teachers raises over $10m to bolster America's K-12 schools, close the opportunity gap for high-need students
EdTech startup Tutored by Teachers (TbT) announce it has raised over $10 million in Series A funding, led by GSV Ventures, to expand its teacher community.
GE Healthcare partners with Kenyan healthtech startup Afya Rekod to simplify access to medical records in Africa
GE Healthcare and Kenya-based startup Afya Rekod have announced a collaboration that seeks to transform care delivery through improved access to personal health data in Kenya, Nigeria, and South Africa.
Finnish EV charging startup eMabler partners with Fusebox to turn electric vehicles into profitable virtual power plants
Finnish electric vehicle (EV) charging startup eMabler and Fusebox, virtual power plant provider are collaborating to use electric vehicle charging to balance the energy grid.
The Sister Accord Foundation launches The Sister Accord Accelerator to support female entrepreneurs
The Sister Accord Foundation announced the launch of The Sister Accord Accelerator, to help female entrepreneurs rapidly grow and scale their businesses.
Singapore-based game-fi blockchain startup Ethlas raises $2.7m seed funding round
Singapore-based game finance (game-fi) blockchain startup, Ethlas, announced it has secured $2.7 million in seed funding from investors such as Sequoia Capital India and Yield Guild Games Southeast Asia.
FunFair Technologies launches new blockchain venture capital business
FunFair Technologies announced the launch of a new blockchain venture capital business, FunFair Ventures, with the aim to plug a gap in the funding process for early-stage blockchain projects.
Proptech startup PropBidder secures $1m seed funding round fuel its customer acquisition
PropBidder, a SaaS-enabled online bidding marketplace for buying and selling homes and condos, announced the closing of a $1 million seed funding round.
Kenyan foodtech startup Kune starts commercial operations in Nairobi
Kenyan foodtech startup Kune has officially launched commercial operations with four meal hubs located in strategic locations in Nairobi.
Four African startups selected for 10th cohort of Catalyst Fund fintech accelerator
Four African fintech startups have been selected to join the tenth cohort of the Catalyst Fund accelerator. The startups are among the six selected that are building solutions designed to improve the resilience of underserved.
CA-based foodtech startup Yali Bio raises $3.9m seed round to advance plant based cultured fat production
Yali Bio, a CA-based foodtech startup focused on designer fats for plant-based meat and dairy products announced today it has raised a $3.9 million seed round, bringing their total funding to $5 million.
Epoch startup raises $3.6m to make employee experiences more engaging
Epoch, the employee experience platform, announced the close of $3.6 million in seed funding. Rally Ventures led the seed round, with participation from Precursor Ventures, Turner Novak, m]x[v, Maschmeyer Group Ventures and a number of angel investors.
Huobi Incubator announces second batch of partners for Web3 Scholarship
Huobi Incubator, the project incubation arm of Huobi Group, announced the second batch of partners for Web3 Scholarship, a funding platform for developers, builders, and projects in the Web3 field.
Cybersecurity startup Dazz appoints Mike Gesnaldo as Chief Revenue Officer
Dazz, cloud security remediation company, has announced the appointment of Mike Gesnaldo as Chief Revenue Officer. Gesnaldo will be responsible for building and executing a go-to-market and sales operation strategy.
Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
Shenzhen-based fintech startup Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-Commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more.
Billups acquires adtech startup Outchart to advance programmatic digital OOH aspirations
Billups, the largest privately held out-of-home (OOH) technology and managed services company in the U.S., has acquired the assets of Outchart, a full-stack software provider for the digital out-of-home marketplace.
AT&T joins Ericsson's 5G Startup Program to develop new consumer technology
AT&T has joined Ericsson's Startup 5G program, a 5G innovation collaboration driven by Ericsson's ConsumerLab that assists communications service providers (CSPs) with commercialization and monetization of 5G.
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.
Kenyan retail tech startup MarketForce raises $40m Series A to scale up super app for Africa’s informal merchants
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the closing of a $40 million Series A round.
London-based fintech startup Nous raises $9m seed to help households navigate the cost of living crisis
Nous (to rhyme with ‘house’) a London-based fintech startup, announced it has raised a $9 million seed financing round to build out its service that helps households get smart and stay vigilant as they navigate the imminent cost of living crisis.
Fearless Adventures leads £300K investment round for London-based personal safety startup WalkSafe
Fearless Adventures has led a £300,000 investment round to grow London-based personal safety app, WalkSafe, whose usage soared to half a million downloads following the murders of Sarah Everard and Sabina Nessa.
DevOps-as-a-Service startup Architect.io closes $5m seed round to power developer adoption and engineering velocity
Architect.io, the next-generation dependency-aware continuous delivery platform, announced $5 million in seed round funding, led by Next Coast Ventures.
Insurtech startup ennabl raises $4m to transform insurance brokerage
Insurtech trailblazer ennabl has secured a $4 million seed round investment. Led by Vine Ventures with additional private participants, this investment will be used to expand the company's platform.
African fintech Flutterwave rebrands, introduces new products and services
African fintech startup Flutterwave has unveiled a significant re-brand and identity during the Flutterwave 3.0, virtual event held on Friday, 18th February 2022.
Nigerian fintech startup Earnipay raises $4m to provide on-demand salary to workers
Nigerian fintech startup Earnipay which provides flexible and on-demand salary access to income-earners has closed a seed round of $4 million.
[African Startup Review] Pie Kamau: Nigerian fintech Flutterwave is now Africa's highest valued Unicorn
As the African fintech industry continues to bloom, so does the funding. Flutterwave has now become Africa's highest valued startup after closing $250 million Series D funding, bringing the company’s valuation to over $3 billion.
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.
Flutterwave becomes highest valued African startup after closing $250m Series D funding
Technology company Flutterwave, announced it has raised $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide.
Raydiant startup raises $30m Series B to reimagine in-store experiences for brick and mortars
Raydiant, the in-location experience management platform for brick-and-mortar enterprises, announced it has raised a $30 million Series B funding round led by 8VC and Atomic Ventures.
Payroll infrastructure startup Check raises $75m Series C to accelerate growth
Check, the payroll infrastructure company that lets platforms embed payroll into their products, announced it has raised a $75 million Series C led by Stripe, with participation from existing investors Bedrock, Thrive and Index.
Crypto investment firm Hartmann Capital launches $30m Metaverse Fund
Hartmann Capital, a four-year veteran in crypto asset management, announced the launch of its second fund specialized in exclusively investing into the Metaverse.
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.
Boston AI tech startup hOS secures $12.8m seed round to accelerate growth
hOS, an AI technology startup started by DataRobot Founder Jeremy Achin, announced the close of a $12.8 million seed round led by NEA, with additional participation from B5 Capital, Cortical Ventures, IA Ventures and Sequoia.
Brazilian fintech startup Trace Finance raises $4.3m seed investment to disrupt global banking for Latin American startups
Trace Finance, a Brazilian fintech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round.
Fifth Wall closes €140m oversubscribed European Real Estate Technology Fund
Fifth Wall, the venture capital firm focused on technologies for the global real estate industry, announced that it has closed an oversubscribed €140 million for its European Real Estate Technology Fund (European Fund).
MENA's c-Commerce startup Zbooni launches in Egypt
Zbooni, MENA's c-Commerce (connected commerce) platform, has announced its official launch in Egypt. The rapidly scaling startup, which is backed by regional and global investors, will support the backbone of the Egyptian economy.
London-based healthtech startup ExSeed secures £2.5m for its male fertility testing kit
London-based male fertility startup ExSeed Health announced the closing of £2.5 million investment round, taking its seed-stage funding to over £5 million.
TDK Ventures invests in green hydrogen-electrolysis startup Verdagy
TDK Corporation announced that subsidiary TDK Ventures, Inc. has invested in green hydrogen company Verdagy to enhance the development and rapid commercialization of their scalable, low-cost approach to hydrogen electrolysis.
Las Olas Venture Capital invests in Leverage.ai to modernize global supply chains
Las OIas Venture Capital (LOVC), announced its third Fund II investment in Leverage.ai. to modernize the global supply chains.
South African fintech startup Stitch raises $21m Series A funding to scale its operations
South African API fintech startup Stitch has raised a $21 million Series A funding round to scale its operations.
Remedial Health joins Y Combinator, raises $1m pre-seed funding to digitize Africa's neighbourhood pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient, has raised $1 million in pre-seed funding to roll out its digital procurement.
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.
London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.
Silicon Valley fintech startup Branch raises $300m to open mobile ecosystem, provide solution to walled gardens
Branch, the cross-platform solution for mobile linking and attribution, has secured $300 milion in funding at a $4 billion valuation, led by existing investor NEA.
OSF partners with Indiana-based venture studio High Alpha Innovation advance startup ideas
OSF HealthCare announced it has chosen High Alpha Innovation, to help rapidly advance ideas from exploration to implementation or commercialization within and outside the health system.
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.
[African Startup Review] Pie Kamau: Capital funding for tech startups gain momentum in 2022
The startup ecosystem in Africa is taking shape. A lot of technological innovations especially in the areas of fintech, e-mobility, e-commerce, healthtech, foodtech and cleantech have seen accelerated growth towards Africa’s digital transformation and innovation.
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.
Zurich-based smart data capture pioneer Scandit completes $150m Series D funding to expand its global footprint
Zurich-based Scandit, the global player in smart data capture, has completed a Series D funding round of $150 million at a company valuation in excess of $1 billion.
SaaS startup Aramid Technologies raises $2m seed round to redefine quality certification management in global supply chains
SaaS startup Aramid Technologies announced it has raised $2 million in seed funding to expand its flagship product, SmartCert.
Dallas-based Tegan Digital partners with Dents.co startup to revolutionize the collision industry
Dallas-based digital agency Tegan Digital has partnered with Dents.co to develop a startup launch kit, including an email marketing strategy and video production, to support new B2B tech product.
Vietnam-focused retail investing app Infina closes $6m seed funding to accelerate growth
Vietnam-focused retail investing app Infina, announced the closing of $6 million in seed funding from Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks.
Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment round co-led by Tiger Global, BECO Capital and Prosus Ventures.
Amsterdam-based Polestar Capital opens €100m circular economy fund, largest of its kind in Europe
Amsterdam-based Polestar Capital Polestar Capital announced the launch of the biggest circular economy fund in Europe. The fund, called the Polestar Capital Circular Debt Fund (PCDF), has opened at €100 million
London-based m3ter launches from stealth with $17.5m funding to expand into new markets
m3ter, a metering and pricing engine for SaaS companies, launched from stealth with the announcement of $17.5 million in funding. The investment will support m3ter as it builds on significant early traction to expand into new markets.
Agribusiness e-Commerce startup Agrizon receives investment to expand operations in Latin America
Agrizon, a specialized cross-border e-Commerce company that connects and delivers worldwide brands of ag inputs to farmers and businesses, has received investment from Latin Leap Venture Capital Studio to expand operations in Latin America.
Cincinnati fintech startup Pay Theory raises $2m seed round to accelerate growth
Pay Theory, a Cincinnati-based fintech startup, has closed a $2 million seed funding round led by Zeal Capital Partners, a Washington, D.C.-based venture capital firm known for its commitment to inclusive investing.
Mexican fintech startup Flexio raises $3m seed round to transform B2B payments in Latin America
Flexio, a platform revolutionizing business-to-business (B2B) payments in Latin America, announced it has raised $3 million seed round led by Costanoa Ventures with participation from Soma Capital.
Irish e-mobility startup Modmo raises €8.7m seed round to accelerate urban transportation
Irish e-mobility startup Modmo closed out 2021 with a €5 million investment from Ballymore Group CEO Sean Mulryan, in addition to €2.7 million raised in September and €1 million in March from several angel investors.
Canadian impact venture fund Amplify Capital closes $30.7m Fund II, expands investment team
Amplify Capital, a Canadian impact venture fund, closed its oversubscribed Fund II on January 31, 2022, at $30.7 million. Amplify Capital was rebranded from the MaRS Catalyst Fund after spinning out of the MaRS Discovery District in 2019.
Fintech startups hub Abaca crosses $2b in compliant cannabis commerce
Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry.
Japanese powerhouses mixi and DAZN partner to create a sports NFT marketplace on Flow
Media powerhouse mixi, Inc. and global sports streaming service DAZN Japan Investment GK today announced that DAZN MOMENTS, a sports NFT marketplace, will launch on Flow, a Web3 platform designed for consumer-friendly applications.
Pakistani logistics startup Truck It In raises $13m seed round to transform the road freight industry
Pakistan’s logistics tech startup Truck It In closed $13 million seed round jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures.
Wealthtech startup Ndovu launches in Kenya
Wealthtech startup Ndovu officially launched in Kenya. Founded by Radhika Bhachu, Ro Nyangeri, and Gianpaolo De Biase, Ndovu is an investment platform that provides easy access to financial markets.
South African fintech Ukheshe achieves Level One B-BBEE rating
South African fintech, Ukheshe Technologies, has significantly improved its B-BBEE performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.
Docklands Ventures acquires South African proptech startup ParkUpp
Real estate investment company Docklands Ventures has acquired South African proptech startup ParkUpp for an undisclosed amount.
FirstEnergy invests $2.5m venture capital fund in Energy Impact Partners' to advance sustainable energy future
To help advance a sustainable energy future, FirstEnergy Corp. announced a $2.5 million investment in global venture capital firm Energy Impact Partners' (EIP) Frontier Fund.
SaaS management startup NachoNacho raises $3m to upend the SaaS industry
NachoNacho, a single destination for businesses to manage, discover, and buy SaaS products, and for SaaS vendors to acquire net new paying customers, announced the close of $3 million seed round.
Australian climate tech startup UPowr launches Helios to help companies decarbonise customer base, increase LTV
Australian climate tech company UPowr, launched its flagship climate software solution Helios in beta mode to select partners.
Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Kenya-based digital trucking logistics startup Amitruck has announced it has secured $4 milllion in a seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the U.S.
African mobility fintech company Moove secures $10m financing to support expansion to West Africa
NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber's exclusive vehicle supply partner in Africa, the mobility fintech, Moove.
F-Prime Capital launches F-Prime Fintech Index to track the performance of disruptive fintech startups
F-Prime Capital announced the launch of The F-Prime Fintech Index, designed to track the performance of disruptive fintech companies enabling the delivery of core financial services across payments.
Israeli AI startup Forwrd raises $3.5m to make every corporate employee data-driven
Forwrd, the provider of automated predictive analytics aimed at guiding business decision making, announced it secured $3.5 million in seed funding to transform non-technical frontline employees into data driven decision makers.
Event tech startup Vendelux raises $2.4m seed round to provide marketers with event marketing intelligence
Vendelux, the premier Event Intelligence Platform that enables marketers to maximize the impact from the event marking channel, announced the closing of $2.4 million in seed capital financing.
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.
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