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Posts Tagged ‘Europe’

The Garage is a new blockchain-focused incubator based in Paris

Meet The Garage, a new incubator in Paris that is all about blockchain projects. Co-founded by Cyril Paglino from Starchain Capital, Fabrice Le Fessant from Dune Network and Oussama Ammar from The Family, the company will support blockchain startups, help big companies launch blockchain projects and educate engineers about blockchain development. The Garage is a ...

Plum, the ‘AI’ money management app, raises $3M more and comes to Android

Plum, the U.K.-based “AI assistant” to help you manage your money and save more, has raised $3 million in additional funding — money it plans to use for further growth, including European expansion. The London company has also quietly launched its app for Android phones, adding to an existing iOS app and Facebook Messenger chatbot. ...

Elon Musk picks Berlin for Tesla’s Europe Gigafactory

Elon Musk said Tuesday during an awards ceremony in Germany that Tesla’s European gigafactory will be built in the Berlin area. Musk was onstage to receive a Golden Steering Wheel Award given by BILD. “There’s not enough time tonight to tell all the details,” Musk said during an onstage interview with Volkswagen Group CEO Herbert ...

OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it would ...

Deliveroo launches food orders for pick up

Don’t Deliveroo . The UK-based on-demand food delivery service has expanded into not actually delivering orders by offering users a pick-up option, called ‘Pickup’, as an alternative to paying a delivery fee and waiting in for lunch to arrive. The new ‘click & collection’ service is live for 700+ eateries in 13 UK cities at ...

A chat about UK deep tech and spin-out success with Octopus Ventures

New research commissioned by UK VC firm Octopus Ventures has put a spotlight on which of the country’s higher education institutions are doing the most to support spin outs. The report compiles a ranking of universities, foregrounding those with a record of producing what partner Simon King dubs “quality spin outs”. The research combines and ...

Voi raises another $85M for its European e-scooter service

Voi Technology, the “micro-mobility” startup that operates an e-scooter service in a 38 cities across 10 European countries, has raised an $85 million in Series B funding. Backing the round is a mixture of existing and new investors. They include Balderton Capital, Creandum, Project A, JME Ventures, Raine Ventures, Kreos Capital, Inbox Capital, Rider Global, ...

Legislators from ten parliaments put the squeeze on Facebook

The third meeting of the International Grand Committee on Disinformation and ‘Fake News’, a multi-nation body comprised of global legislators with concerns about the societal impacts of social media giants, has been taking place in Dublin this week — once again without any senior Facebook management in attendance. The committee was formed last year after ...

Naspers CEO Bob van Dijk to talk about late-stage bets at Disrupt Berlin

South African internet company Naspers isn’t a particularly well-known name in the startup community. And yet, the company made an early investment in a small Chinese company called… Tencent. Naspers still retains a 31% stake in Tencent that is valued at around $100 billion (with a B). That’s why I’m excited to announce that Naspers ...