Tag: Europe

Back Market raises $120 million for its refurbished device marketplace

French startup Back Market has raised a new $120 million funding round from Goldman Sachs, Aglaé Ventures and Eurazeo Growth. The company operates a marketplace for refurbished smartphones and electronics devices. Back Market doesn’t refurbish devices in house. Instead, it partners with certified sellers and let them list their items…

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Omilia raises $20M to use conversational AI for customer support

Omilia, a company headquartered in Greece that has built a conversational AI for customer support, has raised $20 million in its first ever funding round, having been bootstrapped since 2002. Backing comes from Grafton Capital and will be used to invest in further growth, after Omilia grew revenue by “more…

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Uber drivers and riders will be required to wear face coverings

Uber is planning to require drivers and riders to wear face masks as it prepares to ramp its ride-hailing business back up after being hobbled by the COVID-19 pandemic. CNN was first to report that executives approved a new policy that would require drivers and riders to wear face masks…

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UK’s coronavirus tracing app strategy faces fresh questions over transparency and interoperability

The UK’s data protection watchdog confirmed today the government still hasn’t given it sight of a key legal document attached to the coronavirus contacts tracing app which is being developed by the NHSX, the digital transformation branch of the country’s National Health Service . Under UK and EU law, a…

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In conversation with Icebreaker, Finland’s most active pre-seed VC

Icebreaker claims to be Finland’s most active pre-seed VC. The firm, which also invests in Estonia and Sweden, has backed 38 companies in the last three years out of its first fund, with a 65% success rate so far for companies that have been able to raise follow-on funding. Two…

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Customer journey hijacking prevention tool Namogoo acquires Personali for its behavioural analytics

Namogoo, the Israel-based company that has developed a solution for e-commerce and other online enterprises to prevent “customer journey hijacking,” has acquired behavioural analytics company Personali. Terms of the deal remain undisclosed, although we understand the Personali is joining Namogoo . Described as a “strategic acquisition,” Personali — which was…

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