Europe

Transportation-on-demand startups betting on growth by honing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant
0 Comments
Element.AI — which last year raised $102 million from the likes of Microsoft, Intel, Nvidia and more to build an incubator-meets-consultancy to work with multiple businesses as they launch new services and systems based on artificial intelligence — is entering the next phase of its growth this week. The Canadian startup — co-founded by Jean-François Gagné, Nicolas
0 Comments
In a move that represents further consolidation in the crowdsourced in-store data gathering space, London-headquartered BeMyEye has acquired U.K. rival Task360. Similar to BeMyEye, the company offers an app that pays users to collect data for its corporate clients, but with a greater emphasis on time-sensitive tasks. Financial terms of the acquisition remain undisclosed, though
0 Comments
GV (formerly known as Google Ventures) lost its one female general partner. London-based Avid Larizadeh Duggan has joined Kobalt​, a 17-year-old, New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when they are played across various digital platforms.  Larizadeh Duggan, who’d led an investment in Kobalt for GV, takes
0 Comments
The UK’s data watchdog has handed mobile phone retailer Carphone Warehouse a £400,000 fine — just shy of the £500k maximum the regulator can currently issue — for security failings attached to a 2015 hack that compromised the personal data of some three million customers and 1,000 employees. Compromised customer data included: Names, addresses, phone numbers, dates of
0 Comments
Some nice momentum for Barcelona based Red Points which has closed a $12M Series B, led by Northzone. Previous investors Mangrove and Sabadell Venture Capital also participated in the round. This follows a $2.2M Series A in September 2016 when customers numbered in the region of 75. It’s now reporting customer numbers have passed 300, up from 100
0 Comments
France’s president has said he plans to introduce new legislation aimed at curbing the spread of online fake news during election periods. Concern about how social media platforms are being misappropriated to channel and amplify disinformation has rocketed up the political agenda in recent years, most especially in the wake of the 2016 US presidential election
0 Comments