In European Tech: €200M in new VC funds, Facebook Dating in Europe, China upset with Sweden, and other deals/stories that caught our eyes today

In European Tech: €200M in new VC funds, Facebook Dating in Europe, China upset with Sweden, and other deals/stories that caught our eyes today

Andrii Degeler

Journalist and podcast host located in the Netherlands. Addressing all things technology for, Engadget, TNW, Ars Technica UK, the Kyiv Post, and much more.


We had beenn’t in a position to publish a regular yesterday that is round-up to preparing dilemmas, tright herefore here is two days’ worth of European technology news goodness, ready only for you:


– A Paris-based team has a fantasy for Beam: to make it into a unique, unique option to look at online and collect and keep knowledge on the way. To that particular end, they will have raised a €3 million seed round from more information on investors; the specific product will ideally be delivered the following year. Our editor Robin Wauters has received a peek at a prototype and described it as “a cross between a search that is vertical, an instrument like Roam Research …, and a sparse version of Evernote.”

– Munich startup everstox has raised €3 million to cultivate its Logistics-as-a-Service platform. The business’s vow it to “drastically reduce transportation paths of specific deliveries that are last-mile returns through decentralized warehousing.”

– Yieldigo, a startup that is czech by three mathematicians, has raised €2 million in seed financing to enhance its AI-based rates platform. The Prague-based business assists worldwide retail chains, both on and offline, rate their products more intelligently.

– Istanbul-based investment capital company 212 has established an additional investment to buy startups across Turkey, Central and Eastern Europe, and also the MENA area. The investment has €49 million committed and seven portfolio organizations up to now.

– German customer challenger bank the next day Bank has banked €3 million via an equity crowdfunding campaign, that was closed in approximately five hours. “The business’s twist is putting the deposit cash in exactly what they call sustainable investments – i.e. a better tomorrow,” Nordic9 reports. “For instance, out of deposits of €73 million, €19.5 million were dedicated to sustainable jobs.”

– UVC Partners has launched a fresh €150-million investment to purchase commercial technology, B2B pc pc pc software, and flexibility startups.

– London-based “Peloton for psychological state” startup MindLabs has guaranteed ВЈ1.4 million in capital. The startup’s real platform is scheduled to introduce the following year, first by having a mobile application and soon after with a unique EEG headband that steps the users’ vitals during meditation and mindfulness sessions.

– Acapela from Berlin has landed €2.5 million to re-imagine online gatherings by what it christian connection calls an “asynchronous meeting platform.” “Instead of sitting through hours of movie calls for a basis that is daily users can connect their calendars and choose conferences they wish to talk about asynchronously,” Acapela’s co-founder Roland Grenke told TechCrunch.

– significantly less than 3 months since establishing its pilot system, the e-bike subscription DANCE — yes, usually the one through the founders of SoundCloud — has guaranteed €15 million in Series the money.

– PhotonHub Europe, a brand new photonics innovation that is digital based in the Vrije Universiteit Brussel, has simply won a €19 million investment through the EU’s Horizon 2020 programme. The hub claims its objective would be to make sure Europe’s strength regarding the tech that is global, assisting European SMEs and mid-market businesses become competitive electronic organizations through quicker and smarter implementation of photonics-based technologies.

– We additionally tracked a lot of (other) European tech money rounds and M&A transactions, all of these our company is investing in a handy list for you personally on Friday afternoon inside our regular roundup publication (note: the entire list is actually for spending clients just). Additionally browse our European technology news part for ongoing protection.

Worth Knowing

– The European Commission is investing €144.5 million to obtain the LUMI supercomputer — an addition that is 5th Europe’s supercomputing infrastructure. Per the Commission’s tweet, “supercomputing will provide revolutionary approaches to our day to day issues, from fighting major conditions to giving support to the green transition.”

– “China expresses dissatisfaction that is strong Sweden,” said foreign ministry spokesman Zhao Lijian, talking at an everyday news briefing in Beijing on Wednesday. Reuters reports that the Asia’s international ministry “should reverse its ban on Chinese telecommunications organizations Huawei and ZTE from a well planned 5G range auction in order to avoid a ‘negative impact’ on its very own organizations.” Appears like a risk for me.

– Three major TV that is french —TF1, France TГ©lГ©visions and M6 — have actually teamed up to introduce Salto, an ad-free streaming solution where you are able to view real time television from 19 various stations and play catch-up content. “It costs €6.99 per ” TechCrunch reports month. “For €9.99, you can view on two displays simultaneously. For €12.99 per you can get four displays. month”

– The European Parliament has supported a number of reports that could have profound affect the ongoing future of the platform economy, supporting a potential ban on targeted marketing, reporting procedures for unlawful content, and better detection of fraudulent vendors.

– Facebook has expanded its dating service — called just Facebook Dating — in European countries, per year and a little after it had been introduced in the usa. The Facebook Dating feature is completely free to use, with no premium offering, CNBC reports unlike other dating services such as Tinder, Hinge, and Bumble.

– In yesterday’s Brexit news, a previous terror legislation reviewer has warned that “police in britain ‘will be increasingly not able to cope’ in the eventuality of a no-deal Brexit because current data-sharing agreements with all the EU are going to be cut.”

– The Italian technology appears to be prepared for the breakthrough that is major. The sector is actually a significant development when it comes to government that is italian. In the time that is same neighborhood startups are growing at unprecedented prices, and deal generating has apparently hasten too.

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