Europe

French startup Eligo Bioscience just raised $20 million to develop next-gen biotherapeutics. Khosla Ventures is leading the round. This is also Khosla Ventures’ first investment in a French startup. Existing investor Seventure Partners is also participating, and the startup received a $2 million grant from the Worldwide Innovation Challenge. Eligo Bioscience has been working on
0 Comments
London-based Kano has another code kit in the works to add to its STEM targeting gamified educational line of build-it-yourself kids’ products ahead of the present-buying holiday season. The kit is being priced at $249.99/£229.99, and is up for pre-order from today — through the Kano website and via “select retailers and e-tailers” — with shipping due
0 Comments
A UK court has reaffirmed the power for state agents to use sweeping counterterrorism legislation to require travelers hand over the passwords for their digital devices for their contents to be searched at borders. A London court today found Muhammad Rabbani guilty of willfully obstructing the police by failing to hand over device passwords and the
0 Comments
Synthace, a UK startup using open source technology to make process in biotechnology move faster, has raises a £7.3m Series A round. New investors White Cloud Capital, Amadeus Capital Partners and Eleven Two Capital participated alongside existing investors that included Sofinnova Partners, SOSV and Bioeconomy Capital. The Company’s Antha operating system replaces processes which are
0 Comments
Inkitt, which bills itself as “the world’s first reader-powered book publisher,” has raised $3.9 million in pre-series A funding, in a round led by Redalpine, with Frontline Ventures, Speedinvest and a number of private investors also participating. The Berlin-based startup is part writing and reading community, and part publishing house, with one aspect feeding the
0 Comments
The tech industry’s over-processed supply of irony might not be enough to service all the ramifications of Uber being stripped of its London license by the city’s transport regulator. Uber advocates were immediately scrambling to bust out the reactionary clichés — painting the regulator as “anti-innovation” and claiming London is now ‘closed for digital business’.
0 Comments
In a huge blow to Uber in the UK London’s transport regulator has rejected its application to renew its license to operate in the city. In a statement today TfL said it has concluded that Uber is “not fit and proper to hold a private hire operator licence”. “TfL’s regulation of London’s taxi and private
0 Comments
Malware that piggybacked on CCleaner, a popular free software tool for optimizing system performance on PCs, appears to have specifically targeted high profile technology companies and may have been an attempt to harvest IP — perhaps for commercial or state-level espionage. In an update on its investigation into the malware, which was revealed to have
0 Comments
Victor, which bills itself as the “largest ‘on-demand’ marketplace for private jet charter,” has raised $20 million in new funding, bringing total raised to date to $44.45 million since launching in 2011. BP Ventures, BP’s investment arm, led the round, putting in $10 million, whilst the London headquartered startup says it plans to use the
0 Comments
Funnel, a startup headquartered in Stockholm that sells a SaaS to help companies analyse the effectiveness of online marketing spend across multiple channels, has raised $10 million in Series A funding. London VC Balderton Capital led the round, with participation from existing investors including Industrifonden and Zobito. The startup says it will use the new
0 Comments
The company formerly known as Google — before it rebranded its “collection of companies” to Alphabet, in 2015, turning the main ad revenue business into a corporate unit wholly-owned by the parent entity — looks to have finally completed this process of business reorganization by forming a new holding company, called XXVI Holdings Inc. Bloomberg
0 Comments
Habito, a London startup that is bringing the entire mortgage process online, has raised £18.5 million in Series B funding. Atomico, the European VC firm founded by Skype’s Niklas Zennström, led the round, with participation from existing investors Ribbit Capital, Mosaic Ventures, and Revolutionary (Ad)Ventures. It brings the total raised by the U.K. company to
0 Comments
More details have emerged about a controversial 2015 patient data-sharing arrangement between Google DeepMind and a UK National Health Service Trust which paint a contrasting picture vs the pair’s public narrative about their intended use of 1.6 million citizens’ medical records. DeepMind and the Royal Free NHS Trust signed their initial information sharing agreement (ISA)
0 Comments