London might lose its position as tech hub, start-ups warn
Founders fear the UK government's failure to continue fostering new tech ventures. London might lose its position as tech hub.
According to the Financial Times, leaders of UK tech start-ups are worried that "warm words" over the importance of tech from British chancellor Jeremy Hunt are not bac... Read more
Dutch companies expect finding investors becomes more difficult
The crisis surrounding the Silicon Valley Bank (SVB) is going to affect investment in the tech sector. Not only American companies are expected to be affected, but also companies in the Netherlands.
So say Dutch experts to the Financieele Dagblad. According to Rinke Zonneveld, CEO at the public-... Read more
Silicon Valley Bank fiasco: US government comes to the rescue
The US government is coming to the aid of customers of Silicon Valley Bank, guaranteeing their funds deposited with the bank. With this, the US government is trying to limit the potential damage from the failure of the bank, which is very important to the tech sector.
Last Friday, the US Treasur... Read more
Highland Europe announces €1 billion startup investment fund
Highland Europe, a London-based venture capital firm, has announced a €1 billion fund to invest in software and consumer tech companies across Europe. This marks the fifth fund for the company, bringing its total capital raised to an impressive €2.75 billion.
“Current market conditions are... Read more
‘EU startups on track to raise $85B, down from $100B+ in 2021’
This is the region's second consecutive year of decline following a record-breaking 2021.
London-based venture capitalist Atomico analysed the startup investment landscape in Europe. The report highlights an immense concentration of venture capital activity. Just three countries – the UK, Ge... Read more
German HR software startup Personio raises $200 million
The fundraising sweep left the company with a whopping $8.5 billion valuation.
According to Reuters, German human resources software startup Personio managed to add $200 million to the initial financing it raised in October. The company also boasted an increased valuation of $8.5 billion.
The... Read more
Tech startups face ‘period of great uncertainty’
Apple lost 200 billion dollars in value, Alphabet's figures dissapoint and Twitter is no longer hiring. The IT industry is under pressure worldwide. Western Europe faces consequences. "We are entering a period of great uncertainty", warned Prins Constantijn, startup ambassador and brother to the ki... Read more
ONEiO receives €7.2 million to expand integration-as-a-service
The funding was announced after the Helsinki-based startup shared plans to drive market expansion and growth in North America and Central Europe.
ONEiO, a SaaS provider of automated integration and cloud-native services, received investments totalling €7.2 million to increase its market expans... Read more
Madrid-Based fintech startup “RITMO” hits jackpot with $200m funding
RITMO – a Spanish fintech startup – plans to help eCommerce entrepreneurs and businesses expand rapidly and surmount various supply-chain challenges by offering them capital.
Revenue-based financing startups are gaining strength by offering low-on-cash startups a viable alternative to bank... Read more
Microsoft offers startup founders large Azure Cloud credit
Microsoft supports startup founders with a mix of technological benefits and expert guidance
It was announced by Microsoft today that it will start supporting startup founders by providing mentorship and technical support.
In a blog post, the Chief Operating Officer of Microsoft Cloud + AI, C... Read more