Tag: Europe
Bird confirms acquisition of Berlin scooter rival Circ
If you didn’t see this coming, then clearly you didn’t have your eyes on the road. Bird, the LA-founded e-scooter giant, has confirmed that it is acquiring European competitor Circ, the micromobilty company founded by Lukasz Gadowski of Delivery Hero fame. The deal, for which terms remain undisclosed, was first…
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WholyMe, which makes natural products for chronic pain, closes Seed round
WholyMe, a London startup that makes and markets ‘natural relief’ products to manage chronic pain, has closed a £500,000 Seed round from investors Financière Saint James, V1 Capital, Guibor and business angels. The round also includes Joyance Partners, a New York-based VC concentrating on the new science emerging around ‘health…
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Berlin venture studio Merantix raises $27M fund to concentrate on AI startups
Berlin-based Merantix, a venture studio which specifically concentrates on building ‘AI companies’, says it has raised a new €25M fund ($27M). Anchor investors include Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation, as well as further family offices from Europe. Co-founder Adrian Locher said in a statement…
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Teller raises $4M to take on Plaid in the U.S. by providing API access to bank accounts
“They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver…
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N26 reaches 5 million customers including 250,000 in the US
Challenger bank N26 has reached 5 million customers. In 2019 alone, N26 managed to add over 2.5 million customers. And the company’s growth rate seems to be accelerating as N26 reached 3.5 million customers in June 2019. That represents an addition of 1 million customers during the first half of…
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Facebook’s dodgy defaults face more scrutiny in Europe
Italy’s Competition and Markets Authority has launched proceedings against Facebook for failing to fully inform users about the commercial uses it makes of their data. At the same time a German court has today upheld a consumer group’s right to challenge the tech giant over data and privacy issues in…
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