Category Archives: Europe

TravelPerk grabs $44M to take its pain-free SaaS for business travel global

Only six months ago Barcelona-based TravelPerk bagged a $21 million Series B, off the back of strong momentum for a software as a service platform designed to take a Slack-like chunk out of the administrative tedium of arranging and expensing work trips. Today the founders’ smiles are firmly back in place: TravelPerk has announced a $44 million Series C to keep stoking growth that’s seen it grow from around 20 customers two years ago to approaching 1,500 now. The business itself was only founded at the start of 2015. Investors […]

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Penta, the German challenger bank account for SMEs, raises €7M Series A

Penta, the German fintech startup that offers a digital bank account targeting SMEs, has raised €7 million in Series A funding. Backing the company once again is Inception Capital, with total funding now at €10 million since Penta was founded in May 2016. Launched in Germany in December, and powered by Banking-as-a-Platform solarisBank (rather than holding a banking license of its own), Penta is designed to meet the banking needs of small to medium-sized businesses, including startups. The premise is that SMEs are currently underserved by incumbent […]

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Zyl is now a nostalgia-powered photo app

AI-powered photo management app Zyl is going back to the drawing board with a streamlined, more efficient redesign. The app is now focused on one thing only — resurfacing your old memories. Taking photos on a smartphone is now a daily habit. But what about looking back at photos you took one year, three years or even eight years ago? It can pile up quite quickly. Zyl thinks there’s emotional value in those long-forgotten photos. Before this update, Zyl helped you delete duplicates, create smart photo albums […]

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Readdle’s Denys Zhadanov to talk about bootstrapping at Disrupt Berlin

Readdle might not be a familiar name, but chances are you’ve been using some of their mobile apps. The Ukrainian company is a bootstrapped success story with 100 million downloads, 135 employees and a profitable business. That’s why I’m excited to announce that Readdle Vice President Denys Zhadanov is coming to TechCrunch Disrupt Berlin to talk about this remarkable journey. Readdle is behind some of the most popular productivity apps on iOS, such as Spark, PDF Expert, Calendars 5, Scanner Pro and Documents. When you browse the […]

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Tandem’s new credit card targets people who have non-existent credit histories

With its regulatory woes behind it — and the acqui-hire of fintech startup Pariti — Tandem‘s product roadmap appears to be picking up pace. The challenger bank founded by Ricky Knox has launched its second credit card today, this time targeting people in the U.K. who have yet to build up a credit history at all. Credit cards are already one of the most effective ways of improving your credit score (presuming you are approved for one and always repay on time, of course) and it seems […]

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Emmanuel Macron meets with the French tech community

French President Emmanuel Macron came to France’s ginormous startup campus Station F to talk to the French tech community. The event is organized by La French Tech, the government initiative to promote and foster the startup community in France. Station F director Roxanne Varza first took the stage to introduce the event. She announced that there will be more startups in the Fighters Program. Station F has created this program so that entrepreneurs from diverse backgrounds get a chance to relocate to Station F. La French Tech […]

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With a new CEO and CTO in place, proptech startup Goodlord raises further £7M

London ‘proptech’ startup Goodlord, which offers cloud-based software to help estate agents, landlords and tenants manage the rental process, has raised £7 million in Series B funding. The round is led by Finch Capital, with participation from existing investor Rocket Internet/GFC, and is roughly equal in size to Goodlord’s Series A in 2017. However, it would be fair to say a lot has happened since then. In January, we reported that Goodlord had let go of nearly 40 employees, and that co-founder and CEO Richard White was […]

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Mosaic Ventures, the London-based Series A investor, has closed a second fund at $150M

Well, that was quick: A little over two months since we reported that Mosaic Ventures was in the middle of raising a second fund, TechCrunch can reveal that fund two has in fact now closed, as the London-based venture capital firm looks to double down on backing “Europe’s most ambitious entrepreneurs”. We began hearing from sources late last week that news was imminent, and in a call on Saturday morning Mosaic founding partners Simon Levene and Toby Coppel confirmed the details. Fund two totals $150 million, as […]

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Study says the US is quickly losing its entrepreneurial edge

Photographer: Daro Sulakauri/Bloomberg According to a new study conducted by the Center for American Entrepreneurship and NYU’s Shack Institute of Real Estate, the US may be losing its competitive advantage as the dominant nucleus of the startup and venture capital universe.  The analysis, led by senior Brookings Institute fellow Ian Hathaway and “Rise of the Creative Class” author Richard Florida, examines the flow of venture capital over 100,000 deals from 2005 to 2017 and details how the historically US-centric practice of venture capital has become a global phenomenon. While the US still […]

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Scaleway adds object storage

Cloud hosting company Scaleway is launching object storage in public beta. The company uses an Amazon S3-compatible API, which means you could easily replace your Amazon S3 bucket with a Scaleway bucket by changing the API end point. The basic object storage package starts at $5.75 per month (€5 per month), which includes 500GB of storage and 500GB of outgoing transfer. You then pay €0.01 per month for every extra GB of storage and €0.02 per month for every extra GB of outgoing transfer. And there’s no […]

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