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Posts Tagged ‘Europe’

German security firm Avira has been acquired by Investcorp at a $180M valuation

Mergers and acquisitions largely grinded to a halt at the end of March, in the wake of the coronavirus pandemic spreading around the world, but today comes news of a deal out of Europe that underscores where pockets of activity are still happening. Avira, a cybersecurity company based out of Germany that provides antivirus, identity ...

COVID-19 crisis spurs triple-digit growth for refurbishing startup Back Market

“The U.S. and Germany are pushing the growth," says CEO Thibaud Hug de Larauze. "They are the main two drivers of the boom of Back Market." ...

Valispace raises $2.4M to become the ‘Github for hardware’, joins fight against COVID-19

Hardware engineering is mostly document-based. A typical satellite might be described in several hundred thousand PDF documents, spreadsheets, simulation files and more; all potentially inconsistent between each other. This can lead to costly mistakes. NASA lost a $125 million Mars orbiter because one engineering team used metric units while another used English units, for instance. ...

In the wake of COVID-19, UK puts up £20M in grants to develop resilience tech for critical industries

Most of the world — despite the canaries in the coal mine — was unprepared to cope with the coronavirus outbreak that’s now besieging us. Now, work is starting to get underway both to help manage what is going on now and better prepare us in the future. In the latest development, the UK government today ...

Google is now publishing coronavirus mobility reports, feeding off users’ location history

Google is giving the world a clearer glimpse of exactly how much it knows about people everywhere — using the coronavirus crisis as an opportunity to repackage its persistent tracking of where users go and what they do as a public good in the midst of a pandemic. In a blog post today the tech ...

Amazon begins running temperature checks and will provide surgical masks at warehouses

Amazon has detailed someone  measures its taking to prevent any further spread of COVID-19 at its warehouse facilities in the U.S. and Europe, according to Reuters, including taking temperature checks and distributing facemasks to employees at Amazon warehouses and Whole Foods stores. The commerce giant has seen a dramatic increase in demand as countries and ...

Encore’s musical messages let you commission a video performance to send to loved ones

Encore, the U.K. marketplace that lets you find and book a musician or band online for your event, is launching a new online product to help musicians find an additional revenue stream during the coronavirus pandemic, and bring a little joy to all of us. Dubbed musical messages, the new offering lets you pay one ...

Money transfer service Azimo partners with Siam Commercial Bank for faster payments to Thailand

Azimo, the London-headquartered international money transfer service, has partnered with Thailand’s Siam Commercial Bank (SCB) to deliver instant payments for its customers from Europe to SCB bank accounts in Thailand. According to the World Bank, Thailand is one of the top remittance destinations globally, with $6.7 billion received from abroad each year, and Azimo says ...

An EU coalition of techies is backing a ‘privacy-preserving’ standard for COVID-19 contacts tracing

A European coalition of techies and scientists drawn from at least eight countries, and led by Germany’s Fraunhofer Heinrich Hertz Institute for telecoms (HHI), is working on contacts-tracing proximity technology for COVID-19 that’s designed to comply with the region’s strict privacy rules — officially unveiling the effort today. China-style individual-level location-tracking of people by states ...

Battery analytics software startup Twaice raises €11M Series A led by Creandum

Twaice, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has raised €11 million in Series A funding. Leading the round is European early-stage venture capital firm Creandum, with participation from existing investors Cherry Ventures, UVC Partners and Speedinvest, which backed the company’s earlier seed ...