Europe

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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
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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
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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,
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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
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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
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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
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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
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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