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Posts Tagged ‘Europe’

Voi, the European ‘micro mobility’ rental company, raises $160M additional equity and debt funding

Voi, the Stockholm-headquartered micro mobility company known for its e-scooter rentals, has raised $160 million in new funding. The round, about two thirds equity and one third debt, is led by The Raine Group. Others participating include VNV Global, Balderton, Creandum, Project A, Inbox, and “sustainability-focused investor” Stena Sessan, along with individual backers with links ...

Floww raises $6.7M for its data-driven marketplace matching founders with investors, based on merit

Floww – a data-driven marketplace designed to allow founders to pitch investors, with the whole investment relationship managed online – says it has raised $6.7M / £5M to date in Seed funding from angels and family offices. Investors include Ramon Mendes De Leon, Duncan Simpson Craib, Angus Davidson, Stephane Delacote and Pip Baker (Google’s Head ...

EU lawmakers to push audio-visual sector on geoblocking

European Union lawmakers are considering whether current rules aimed at limiting the practice of geoblocking across the bloc should be extended to cover access to streaming audio-visual content. Access to services like Netflix tends to be gated to individual EU Member States, meaning Europeans can be barred from accessing libraries of content offered elsewhere in ...

Apple on the hook for €10M in Italy, accused of misleading users about iPhone water resistance

Apple’s marketing of iPhones as ‘water resistant’ without clarifying the limits of the feature and also having a warranty that excludes cover for damage by liquids has got the company into hot water in Italy. The Italian competition authority (AGCM) has informed the tech giant of an intent to fine it €10 million for commercial ...

Firstminute Capital launches second $111 fund, featuring a whos-who of founders as LPs

London HQ’d Firstminute Capital has announced its second early-stage venture fund of $111m (£87m). Founded and cornerstoned in 2016 by Brent Hoberman CBE (best known as co-founder of lastminute.com and MADE.com), together with Spencer Crawley (formerly of Goldman Sachs), this new fund comes after the first fund of $100M, giving Firstminute $211M assets under management, ...

No Google-Fitbit merger without human rights remedies, says Amnesty to EU

Human rights NGO, Amnesty International, has written to the EU’s competition regulator calling for Google’s acquisition of wearable maker Fitbit to be blocked — unless meaningful safeguards can be baked in. The tech giant announced its intent to splash $2.1BN to acquire Fitbit a year ago but has yet to gain regulatory approval for the ...

UK to set up ‘pro-competition’ regulator to put limits on big tech

The UK is moving ahead with a plan to regulate big tech, responding to competition concerns over a ‘winner takes all’ dynamic in digital markets. It will set up a new Digital Market Unit (DMU) to oversee a “pro-competition” regime for Internet platforms — including those funded by online advertising, such as Facebook and Google ...

Bigblue wants to automate e-commerce fulfillment in Europe

Meet Bigblue, a French startup that just raised a $3.6 million seed round (€3 million) to build an end-to-end fulfillment solution in Europe. If you sell products on your own website and across multiple marketplaces, you can use Bigblue to handle everything that happens after a transaction. Bigblue doesn’t try to reinvent the wheel. Instead, ...

Europe sets out the rules of the road for its data reuse plan

European Union lawmakers have laid out a major legislative proposal today to encourage the reuse of industrial data across the Single Market by creating a standardized framework of trusted tools and techniques to ensure what they describe as “secure and privacy-compliant conditions” for sharing data. Enabling a network of trusted and neutral data intermediaries, and ...

Dija, a new delivery startup from former Deliveroo employees, is closing in on a $20M round led by Blossom

Dija, a new U.K. based startup founded by senior former Deliveroo employees, is closing in on $20 million funding, TechCrunch has learned. According to multiple sources, the round, which has yet to close, is being led by Blossom Capital, the early stage venture capital firm founded by ex-Index and LocalGlobe VC Ophelia Brown. It’s not ...