Tag: London

LAUNCHub Ventures heading towards a $85M fund for South Eastern European startups

LAUNCHub Ventures, an early-stage European VC which concentrates mainly on Central Eastern (CEE) and South-Eastern Europe (SEE), has completed the first closing of its new fund at €44 million ($53.5M), with an aspiration to reach a target size of €70 million. A final close is expected by Q2 2021. Its…

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Data privacy startup eXate raises £2.3M Seed led by Outward VC

Accessing and sharing data is a complicated issue for large businesses, and doing this in a secure, compliant way is a problem for many. eXate, a London-based data software firm is attacking this problem and has now raised a £2.3 million seed round led by Outward VC, with additional backing…

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Bristol entrepreneur who exited for $800M doubles-down on the city with deep-tech incubator and VC fund

Harry Destecroix co-founded Ziylo while studying for his PhD at the University of Bristol. Ziylo, a university spin-out company, developed a synthetic molecule allowing glucose to bind with the bloodstream more effectively. Four years later, and by then a Phd, Destecroix sold the company to Danish firm Novo Nordisk, one…

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Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M

Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40m / $47M mark. Backing the new fund is the European Investment Fund, HDBI, as well as corporates, family offices and HNWIs around the world (plus many Greek founders). It plans to invest…

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Lime brings Jump bikes back to London

When Uber handed Jump, its scooter- and bike-sharing division, over to Lime, it sent thousands of Jump e-bikes in the US to the scrapheap to be recycled. In Europe, thousands of the bikes were pulled from city streets. Now, under Lime’s direction, so… Source

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Tictrac secures $7.5M to expand employee wellbeing platform as WFH baloons

“Employee Wellbeing” SaaS platforms have been around for some time. Both regulation and increasing stress levels and health problems in the workplace have fed the rise of this sector of tech, and with many corporates painting long-term contracts with providers, it’s a lucrative business. Furthermore, with the COVID-19 pandemic ongoing,…

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