Tag: Europe
Ada Health built an AI-driven startup by moving slowly and not breaking things
When Ada Health was founded nine years ago, hardly anyone was talking about combining artificial intelligence and physician care — outside of a handful of futurists. But the chatbot boom gave way to a powerful combination of AI-augmented health care which others, like Babylon Health in 2013 and KRY in…
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Lunchr becomes Swile to expand beyond corporate lunch cards
Lunchr has rebranded to Swile in order to expand its product offering beyond meal vouchers. The company wants to focus on everything that happens at work but that isn’t technically work — money pots for a birthday, paying back your coworkers, creating team-building events and more. At heart, Swile provides…
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Cathay Pacific fined £500k by UK’s ICO over data breach disclosed in 2018
Cathay Pacific has been issued with a £500,000 penalty by the UK’s data watchdog for security lapses which exposed the personal details of some 9.4 million customers globally — 111,578 of whom were from the UK. The penalty, which is the maximum fine possible under relevant UK law, was announced…
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Mavenoid raises $8M Series A to apply AI to technical product support
Mavenoid, a startup founded in Stockholm that helps companies scale tech-focused product support via an AI-powered chatbot, has raised $8 million in Series A funding. The round is led by Mosaic Ventures, alongside Creandum and Point Nine Capital. The company says the new capital will be used to invest further…
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Alipay owner Ant Financial takes minority stake in Klarna
Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform has announced it’s taking a minority stake in Swedish payments platform Klarna — which has a strong European presence and a flagship product that lets shoppers buy now and pay later in…
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Co-living European startup Colonies raises $34 million
French startup Colonies has raised a $34 million funding round (€30 million). In addition to that, LBO France is committing to spend $168 million (€150 million) in real estate projects over the next couple of years. Those new buildings will eventually be managed by Colonies. Idinvest Partners, Global Founders Capital…
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