Category: european union
Holidu books $45M after growing its vacation rentals business ~50% YoY during COVID-19
Vacation rental startup Holidu has tucked $45 million in Series D funding into its suitcase — bringing its total raised since being founded back in 2014 to more than $120M. The latest funding round is led by 83North with participation from existing investors Prime Ventures, EQT ventures, Coparion, Senovo, Kees…
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Facebook ordered not to apply controversial WhatsApp T&Cs in Germany
The Hamburg data protection agency has banned Facebook from processing the additional WhatsApp user data that the tech giant is granting itself access to under a mandatory update to WhatsApp’s terms of service. The controversial WhatsApp privacy policy update has caused widespread confusion around the world since being announced —…
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Exeger takes $38M to ramp up production of its flexible solar cells for self-powered gadgets
Sweden’s Exeger, which for over a decade has been developing flexible solar cell technology (called Powerfoyle) that it touts as efficient enough to power gadgets solely with light, has taken in another tranche of funding to expand its manufacturing capabilities by opening a second factory in the country. The $38…
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Juul inventor’s Myst lands funding as institutional investors turn to China’s e-cigs
Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest ever regulation on electronic cigarettes. Myst Labs, a Chinese e-cigarette maker…
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Europe charges Apple with antitrust breach, citing Spotify App Store complaint
The European Commission has announced that it’s issued formal antitrust charges against Apple, saying today that its preliminary view is Apple’s app store rules distort competition in the market for music streaming services by raising the costs of competing music streaming app developers. The Commission begun investigating competition concerns related to…
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EU-based digital assets platform Finoa inks $22M Series A funding led by Balderton Capital
Institutions need to keep their crypto assets somewhere. And they aren’t going to keep it on some random, or consumer-grade crypto operation. This requires more sophisticated technology. Furthermore, being in the EU is going to be a key barrier to entry for many US or Asia-based operations. Thus it is…
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