Europe

Back in 2016 a startup called SearchInk, launched out of Berlin with the aim of combining machine learning with handwriting recognition. The upshot would be the ability to semantically label handwritten documents. Pretty nifty. It went on to raise €4.2 million in seed funding, but after developing this AI to read hard-written documents, it went
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Sweden-based Detectify, which offers a website vulnerability scanner that is in part powered by the crowd, has raised €5 million in new funding. The round was led by New York-based venture capital and private equity firm, Insight Venture Partners. Existing investors, Paua Ventures and Inventure, also participated. Founded in late 2013 by a self-described group
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More VC money sloshing around Europe, this time with the launch of a new early-stage fund targeting food and agriculture technology. Backed by the likes of European Investment Fund, Nestlé, Fondo Italiano d’Investimento, and Bpifrance, Five Seasons Ventures is announcing the first closing of its fund with commitments “in excess of €60 million” to invest
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Blue Vision Labs, a London-based augmented reality startup co-founded by computer vision experts from Oxford and Imperial College, is emerging from stealth today with a new platform that it claims will be the first to bring ‘collaboration’ to the AR experience: with an app built on Blue Vision’s technology (via its API and SDK), multiple
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Fintech startup Revolut is slowly making traditional bank accounts irrelevant. The company is adding direct debits in EUR to make it easier to pay for utilities and subscription services. While Revolut is currently applying for a banking license, the company has already been adding everything you need to replace your bank account with a Revolut
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A new early-stage VC fund targeting tech startups in the Nordics is getting its official launch today. Founded by serial entrepreneur and Slush Chairman Ilkka Kivimäki​, and former F-Secure and startup executive Pirkka Palomäki​, Helsinki-based Maki.vc will invest in nascent and burgeoning companies in the region, both at seed and Series A stage. The VC
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This will be welcome news for cryptocurrency fans in the U.K. and Europe. Coinbase, one of more popular and accessible cryptocurrency exchanges, has been granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA). From a regulatory standpoint, this means that Coinbase is now able to issue e-money and provide payment services
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BioCatch, the U.S./Israeli startup that has developed “behavioural biometric authentication and threat detection” tech to enable banks and other high transaction companies to stop online fraud before it happens, has closed $30 million in growth funding. In what can be viewed as a mixture of strategic and pure venture backers, the round is led by
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Spotahome, a Madrid-based startup that lets you view and book mid to long-term accommodation online, has made its first acquisition after raising €13.6 million in Series A funding late last year. The ‘proptech’ company has acquired international student community Erasmusu, a move that will see Spotahome add up to 70,000+ more properties to its rental
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Blockchain is potentially the most disruptive new technology since the internet itself, and that’s why TechCrunch is proud to announce our first event dedicated entirely to blockchain, crypto and the future of the internet. Building on the hugely successful Disrupt San Francisco 2017 event, which included discussions on blockchain startups, cryptocurrency and ICOs with guests
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French startup Qarnot unveiled a new computing heater specifically made for cryptocurrency mining. You’ve read that right, the QC1 is a heater for your home that features a passive computer inside. And this computer is optimized for mining. While most people use laptops, back in the golden days of computer towers, you could heat a
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Employees of French startup Devialet just learned this morning that they would get a new CEO. Co-founder and (former) CEO Quentin Sannié is going to focus on the long-term vision, while Franck Lebouchard is joining the company to become CEO. While the board of the company elected Lebouchard as CEO on Friday, this change has
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The UK’s data protection bill is facing fresh controversy and the threat of legal action if the government does not ditch an amendment which removes data protection rights in instances where the Home Office deems it could prejudice “effective immigration control”. Or the “investigation or detection of activities that would undermine the maintenance of effective immigration
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Ride-hailing giants Uber and Lyft are delivering pitiful levels of take-home pay to the hundreds of thousands of US independent contractors providing their own vehicles and driving skills to deliver the core service, according to an MIT CEEPR study examining the economics of the two app platforms. The report catalyses the debate about conditions for workers
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Gaming and entertainment company Rovio continues to have a very hard time of it as it faces the music on the waning popularity of its once-might Angry Birds franchise. Today, the Helsinki-based company reported Q4 and full-year financials that fell short of analysts’ most conservative estimates as it blamed lower-than-expected interest in its new slate
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