Europe

Mobile licensing changes made by Google this fall, when it tweaked terms for OEMs wanting to license its Android smartphone platform on devices destined for the European market, don’t appear to be offering succour to search rivals — despite being triggered by an antitrust ruling intended to reset the competitive playing field. The European Commission
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UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7BN. We’ve confirmed the valuation is $1.5BN before including the new capital raised. We’re also
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Tonsser, the Copenhagen-based startup that offers a “football performance app” aimed at youth soccer players who want to build their own online profile and potentially get discovered by a bigger club, has raised €5.5 million in Series A funding. The round is led by Alven Capital, with participation from existing investors SEED Capital and Wellington
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French startup Lydia announced a partnership with Banque Casino today for small credit lines. Starting tomorrow, Lydia users in France will be able to borrow as much as €1,000 in just a few seconds. While Lydia started as a peer-to-peer money transferring app, fintech startups always end up offering credit at some point. It’s hard
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In the latest instalment of VC revolving doors, Carolina Brochado, a Partner at European venture capital firm Atomico, is joining Softbank’s Vision Fund. According to sources, Brochado informed Atomico portfolio companies earlier this week that she was joining Softbank where she’ll be based at the mega-fund‘s London office. Noteworthy, Brochado came to prominence in the
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French VC firm Hardware Club just announced the final closing of its first fund. The firm will invest $50 million in total in hardware startups (as the name suggests). Hardware Club first started as a community of hardware startups sharing knowledge, tips and contacts in the hardware community. If you’re launching a hardware product, chances
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Verve, the word-of-mouth selling platform, has acquired Campus Vacations, a provider of “unforgettable” travel experiences to students across North America. The thinking behind the acquisition is to increase Verve’s market share and competitive positioning in the North America and Canada markets. Specifically, Verve says it will provide the company with an entrance into the ski
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A UK union that has been fighting to win collective bargaining rights for gig economy riders who provide delivery services via Deliveroo’s platform has had its claim for a judicial review of an earlier blocking decision dismissed by the High Court today. Six months ago the IWGB Union was granted permission to challenge Deliveroo’s opposition to collective
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Lawyers behind a UK class-action style compensation litigation against Google for privacy violations have filed an application requesting permission to appeal against a recent High Court ruling blocking the proceeding. In October Mr Justice Warby ruled the case could not proceed on legal grounds, finding the claimants had not demonstrated a basis for bringing a compensation claim.
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​Mixcloud​, the audio streaming platform that is popular for long-form content, such as radio shows and DJ sets, has launched a “fan-to-creator” subscription service in a bid to find new ways of monetizing and ensuring both artists and curators get paid. Dubbed “​Mixcloud Select,” the new feature lets listeners subscribe to a Select creator’s channel
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For the fourth year in a year, the global venture firm Atomico has produced a “State of European Tech Report,” and again this year, there’s plenty for the firm — and Europe broadly — to crow about. According to the report, total investment in European startups reached $23 billion this year. That’s one-fourth the roughly
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French startup Agricool is raising another $28 million round of funding (€25 million). The company is working on containers to grow fruits and vegetables in urban areas, starting with strawberries. Bpifrance, Danone Manifesto Ventures, Marbeuf Capital, Solomon Hykes and other business angels participated in today’s funding round. Some existing investors also participated, such as daphni,
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Google -owned AI specialist, DeepMind, has claimed a “significant milestone” in being able to demonstrate the usefulness of artificial intelligence to help with the complex task of predicting 3D structures of proteins based solely on their genetic sequence. Understanding protein structures is important in disease diagnosis and treatment, and could improve scientists’ understanding of the human
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Atomico, the London-based venture capital firm co-founded by Skype founder Niklas Zennström, has launched a new program to find, mentor and back the next generation of angel investors across various hubs in the European tech startup ecosystem. Dubbed the Atomico Angel Programme, and unveiled on stage at TechCrunch Disrupt Berlin, the new initiative is headed
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Germany’s competition regulator (Bundeskartellamt) is opening an investigation against Amazon . In particular, the regulator is going to look at the relationship between Amazon and third-party sellers on the platform. “Its double role as the largest retailer and largest marketplace has the potential to hinder other sellers on its platform,” Bundeskartellamt president Andreas Mundt wrote
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