Europe

Facebook and WhatsApp have been issued with formal notices by France’s data protection watchdog warning that data transfers being carried out for ‘business intelligence’ purposes currently lack a legal basis — and consequently that Facebook Inc, WhatsApp’s owner, has violated the French Data Protection Act. WhatsApp has been given a month to remedy the situation
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Quinyx, a Stockholm-headquartered company that offers cloud-based software to help businesses manage things like employee scheduling, communication, task-management and payroll integration, has raised a further $12 million in funding. Backing the round is VC firm Battery Ventures, which sees Boston-based Battery General Partner Michael Brown join the Quinyx board. Founded in 2005 by Erik Fjellborg,
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The French government has filed a complaint against ecommerce giant Amazon alleging abuse of a dominant position with some of its suppliers, according to Reuters citing a report in La Parisien newspaper. The move apparently follows a two-year investigation by France’s consumer fraud watchdog, the DGCCRF. The news agency says the Economy Ministry is seeking
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Finiata, the finance platform targeting SMEs, freelancers, and the self-employed that was founded by Sebastian Diemer, who previously co-founded credit scoring and loans company Kreditech, appears to be on somewhat of a roll. The company, formerly known as Bezahlt, has picked up €18 million of financing of its own, and already claims 5,000 customers. The
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Paddle, a U.K. startup that offers software companies a single platform for the entire software sales process — including trials and licenses, payments, and analytics — has raised $12.5 million in further funding. Leading the Series B round is enterprise-focussed VC Notion, with participation from existing investors BGF Ventures and Kindred Capital. MacPaw, the independent
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FreightHub, a Berlin and Hamburg-based startup that claims to be Europe’s first fully digital freight forwarder, has raised a $20 million Series A round, just 1.5 years since launch. The round is led by VC firm Northzone, with participation from existing investors. The latter includes Rocket Internet’s Global Founders Capital (GFC), Cherry Ventures, Cavalry Ventures,
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The city of Paris’ officials told the AFP that they have asked Airbnb and competing platforms to comply with new regulation. The Mayor’s Office has flagged around 1,000 apartments that are not registered with the city. Since December 1st, you have to register your apartment with the city if you want to list it on
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Chattermill, a London-based startup that uses ‘deep learning’ to help companies make better sense of customer feedback, has raised £600,000 in seed funding. Backing comes from Entrepreneur First — Chattermill is an alumni of the company builder — and Avonmore Developments, along with a number of angel investors, including Jeff Kelisky, CEO of Seedrs. Founded
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Viola, the Israel-based technology investment group, is launching new independent VC fund targeting fintech startups from anywhere in the world. Dubbed Viola FinTech, the “cross-stage venture fund” has an initial closing of $100 million but will extend that towards $120-150 million. It is backed by global banks, insurance companies and asset managers from North America,
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Jinn, the London on-demand delivery startup that shut down and was put into administration after being unable to pay creditors, has found a buyer for some of its assets. TechCrunch understands that global logistics company Rico Logistics Ltd., under its London-based luxury delivery service Henchman, has acquired the Jinn app, brand and (presumably) customer base.
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Femtech startup Clue is looking at expanding the feature-set of its period tracking app to attract women outside its current younger demographic. “Menopause is a huge space,” said founder Ida Tin, speaking on stage here at TechCrunch Disrupt Berlin. “I’ve been submerged into this area of female health for almost a decade now and every
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European VC firm Index Capital is just over two decades old and has 200+ companies in its investment portfolio at this point — but it’s still got work to do on the gender balance front. “It should be half,” agreed general partner Jan Hammer, discussing the company’s gender balance here at TechCrunch Disrupt Berlin. Session
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