Soundcloud — the popular, but unprofitable platform that lets creators post and share music and other audio files — may have been unsuccessful (so far) in closing a new $100 million round of funding, but it’s not running out of money soon. The company has secured a $70 million round of debt funding from three new investors
Tutanota, an end-to-end encrypted email service located in Germany, says it’s seeing an “exponential” uptick in sign-ups — crediting this to growing awareness of and concern for privacy online for a variety of (often political) reasons. The freemium, open source encrypted email service exited beta back in March 2015 — with a mission to broaden access to end-to-end encryption vs extant options
MotorK, an Italian company that offers a number of digital products to the automotive industry, has raised $10 million in Series A funding. The round was led by 83North, with participation from Zobito, a Swedish private equity and VC firm. Founded in 2010 and launched at Mike Butcher’s GeeknRolla conference the same year (oh, how
Station F is going to be the world’s biggest startup campus. A thousand startups are going to work in this huge building. And Station F wants to partner with the biggest tech companies, such as Zendesk, so that young startups don’t even have to pay to be there. “By now, everybody knows where we are.
If you’ve read the latest headlines about Britain’s tech industry, you’d think the country hadn’t been rocked by the greatest political and economic uncertainty since the Second World War. Not only are UK startups raising record amounts of funding year on year, but tech giants like Amazon are investing and doubling down on the UK
TechCrunch is holding a Mini-Meetup during Mobile World Congress, on Tuesday Feb. 28. We will hold a “Pitch-Off” of startups at the event. Tickets are sold out but you can go on the waiting list here. You can apply to pitch your Barcelona-based startup here. We’ve selected nine great startups to explain to our panel
Born out of technology designed to help price a musician or band’s live performance, based on their social media presence, SocialWall aims to be a smarter way for brands to display social media mentions at events or in venues. Like so many social media management products, the promise is less noise and more signal. The scenario is
Monzo, one of a number of so-called “challenger” banks in the U.K. aiming to re-invent the current account, has disclosed a new funding round. Confirming most of the details from our report earlier this week, the startup has raised £19.5 million from U.S.-based Thrive Capital, London’s Passion Capital, and Orange Digital Ventures, the venture arm
MakieLab, a London-based startup that 3D printed and sold custom dolls, has officially shuttered, with a partial exit to Disney. TechCrunch understands that the U.S. entertainment company acquired MakieLab’s tech and assets as early as July last year, a story that I have tried but failed to nail down ever since. Until now, that is.
More new VC money sloshing around Europe. This time it comes courtesy of Berlin-based Project A, which has previously invested in companies such as WorldRemit, Lost My Name, and ZenMate. The German VC firm is announcing the closure of its second fund, totalling €140 million, to be invested in early-stage European technology startups. In addition,
Amsterdam-based TRVL is aiming to shake up the travel industry by turning you (and that guy, and the lady over there and that chap over there, too) into a travel agent. The platform is a sharing-economy approach to booking travel for your friends and complete and utter strangers. Startup veteran Jochem Wijnands is now taking on the travel
Berlin-based online education platform iversity looks to have pulled back from the brink of bankruptcy after securing new investment from Holtzbrinck Digital, the Internet investment arm of the education-focused Holtzbrinck Publishing Group. The size of the seed round is not being disclosed but iversity founder and CEO, Hannes Klöpper, describes it as “solid”, adding that it provides the team with “a long-term financing
Over the last few years, entrepreneurs and VCs alike have made big bets on smartphone-driven convenience and the promise of getting you food or just about anything delivered to your door within minutes. But, like any maturing market, we’ve already seen a number of players being acquired or entering the dead-pool, and a crowded market
Citymapper is making a significant change to its routing app with the news that it has added what it is calling a “SuperRouter” capability. This effectively combines public transit with cabs to create completely new integrated routes. In simple terms, it means you could ask Citymapper’s app to come up with a route, and it
Remember Lulu? Prior to being absorbed into the Badoo portfolio, the so-called ‘dating intelligence’ app let women anonymously review and rate their dating experiences with men. That seemed quite controversial back in 2011 — and perhaps it still is? But now a new dating app launching this week is upping the ante. Boompi starts off
French startup Frichti is making the news again with yet another round of financing. This time, the company is raising $13.4 million (€12 million) from Idinvest, existing investor Alven Capital, as well as business angels, such as Sunrise co-founder Pierre Valade, Leetchi founder and CEO Céline Lazorthes, My Little Paris co-founder Céline Orjubin. Frichti is
Planday, the Danish startup that offers a cloud-based “shift planning” solution for various types of businesses that employ a flexible workforce, such as restaurants, hotels, stores, call centers and gyms, has scored $14 million in Series B funding. The round was led by new investor Idinvest, with participation from existing backer Creandum, which led Planday’s
Back in 2013 I came across an intriguing startup in Berlin which had a genuinely original take on social networking (hard, even then). Sharing your mood intimately with someone had been confined largely to Snapchat. But the startup that became TapTalk wanted to mine that idea even further, with an ultra simple interface which was
Meet Stratumn, a Paris-based startup that wants to create a platform-as-a-service for developers interested in the blockchain. With Stratumn, you can build, deploy and run applications on the company’s platform, and these applications can communicate with the bitcoin blockchain. It’s like Heroku, but for blockchain developers. The company just raised $670,000 (€600,000) from Otium Venture
French startup Rythm, which makes a tech-infused headset it claims improves sleep quality, announced Tuesday that it’s raised over $11 million from private investors and public grants. The ‘Dreem’ headset was announced last month, but only in a prototype form — this money should help bring it to a planned full consumer release in early 2017.
It was already on public record that Andrey Andreev, the low-profile Russian founder of European dating behemoth Badoo, is an investor in female-led dating app Bumble, the Tinder competitor founded by ex-Tinder founding team member Whitney Wolfe. However, TechCrunch can now reveal a number of previously unreported details of Wolfe and Andreev’s partnership, including that Andreev
We are accustomed to hearing that European tech is perpetually in Silicon Valley’s shadow. Now there have been suggestions that the local tech scene is starting to feel Silicon Valley’s valuation woes. If true, this should raise alarm bells, because if European technology startups struggle to raise money from wary investors, it could hit the