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Snap had its best quarter in four years

If you’ve started using Snapchat more regularly this year, you’re not alone. At yesterday’s Q2 earnings call, Snap CEO Evan Spiegel announced that the platform grew both revenue and daily active users at the highest rates it has achieved in the last four years. Snapchat now has 293 million daily […]

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Vaayu’s carbon tracking for retailers raises $1.6M, claims it could cut CO2 in half by 2030

Carbon tracking is very much the new hot thing in tech, and we’ve previously covered more generalist startups doing this at scale for companies, such as Plan A Earth out of Berlin. But there’s clearly an opportunity to get deep into a vertical sector and tailor solutions to it. That’s […]

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Another U.S. investor — Activant Capital – is opening an office in Europe as the continent heats up

Earlier this week, we caught up with Steve Sarracino the founder of the growth-equity firm Activant Capital in Greenwich, Conn., We’d last talked with Sarracino back in early April of last year, as people around the world were being forced into their homes by the pandemic, and his firm was […]

Bluu Biosciences raises cash to become Europe’s first purveyor of lab grown salmon, trout, and carp

A startup from Europe is joining the race to become the first big provider of lab grown fish. Bluu Biosciences has raised €7 million in a round of financing from investors including Manta Ray Ventures, Norrsken VC, Be8, CPT Capital and Lever VC to compete with a host of startups […]

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PandaDoc employees arrested in Belarus after founders protest against Lukashenko regime

Yesterday the four employees (pictured) of US-headquartered enterprise startup PandaDoc were arrested in Minsk by the Belarus police, in what appears to be an act of state-led retaliation, after the company’s founders joined protests against the 26 year-long regime of President Alexander Lukashenko. Lukashenko is widely believed by international observers […]

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As it delists, Rocket Internet’s ill-fated experiment with public markets is over

It was all supposed to be so different. When Rocket Internet IPO’d in 2014 it was the largest tech company floatation in Europe for seven years. A year later it had lost $46 million and its valuation had dropped by 30%. Since then the German startup factory behind internet companies […]

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IFA’s executive director discusses why the tech show must go on

In June, the CTA announced that CES 2021 would go forward in-person. The event was set to have slipped under the wire — having narrowly avoided a COVID-19-related shutdown two years in a row. A month later, however, its organizers reversed course, announcing the January show was going virtual. Disappointing, […]

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In conversation with European B2B seed VC La Famiglia

Earlier this month, La Famiglia, a Berlin-based VC firm that invests in seed-stage European B2B tech startups, disclosed that it raised a second fund totaling €50 million, up from its debut fund of €35 million in 2017. The firm writes first checks of up to €1.5 million in European startups […]

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Legal clouds gather over US cloud services, after CJEU ruling

In the wake of yesterday’s landmark ruling by Europe’s top court — striking down a flagship transatlantic data transfer framework called Privacy Shield, and cranking up the legal uncertainty around processing EU citizens’ data in the U.S. in the process — Europe’s lead data protection regulator has fired its own […]

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‘The money is still there,’ says APX managing director Jörg Rheinboldt

APX is an early-stage accelerator in Berlin, but it’s not quite your average accelerator — it’s essentially a joint venture between giant European publishing house Axel Springer and Porsche, the German automaker. Earlier this month, we sat down with APX managing director Jörg Rheinboldt to discuss what makes APX different […]