Farmdrop picks up £10M Series B

Farmdrop, the farmer-friendly online grocery platform based in the U.K., has picked up £10 million in new funding. New investors in this Series B round include LGT Impact Ventures (described as a growth equity investor that invests in businesses making a positive contribution to society), and Belltown Ventures, a renewable energy investment specialist with an […]

N26 launches a revised metal card

Fintech startup N26 is updating its N26 Metal product and launching it tomorrow. You might remember that the company first announced its premium card at TechCrunch Disrupt Berlin in December 2017. Shortly after the conference, the card was available in early access for existing N26 Black customers. But the company had to go back to […]

Back Market raises $48 million for its refurbished device marketplace

If you’ve tried selling your old smartphone on a refurbishment website, chances are you ended up with a dozen browser tabs comparing prices. French startup Back Market is taking advantage of this fragmented industry to create a marketplace and aggregate all refurbishers on a single online platform. The startup just raised $48 million (€41 million). […]

Exotec Solutions raises $17.7 million for its warehouse robots

French startup Exotec Solutions raised a $17.7 million funding round (€15 million) from Iris Capital with existing investors 360 Capital Partners and Breega also participating. The startup has built an automated robot called the Skypods to optimize e-commerce warehouses. It’s easy to forget about it when you click on “buy now”, but there are a […]

Kry bags $66M to launch its video-call-a-doctor service in more European markets

Swedish telehealth startup Kry has closed a $66 million Series B funding round led by Index Ventures, with participation from existing investors Accel, Creandum, and Project A. It raised a $22.8M Series A round just over a year ago, bringing its total raised since being founded back in 2014 to around $92M. The new funding will be put towards market expansion, […]

Pressure mounts on EU-US Privacy Shield after Facebook-Cambridge Analytica data scandal

Yet more pressure on the precariously placed EU-US Privacy Shield: The European Union parliament’s civil liberties committee has called for the data transfer arrangement to be suspended by September 1 unless the US comes into full compliance. Though the committee has no power to suspend the arrangement itself. But has amped up the political pressure on […]

Metaboards raises $5M for ‘metamaterials’-based wireless charging tech

Metaboards, an Oxford-based startup that is developing new wireless charging technology, has secured $5 million in funding. The round is led by Oxford Sciences Innovation (OSI), with participation from RT Capital Management, and Woodford Investment Management. The burgeoning company will use the new funds to expand the team with the aim of bringing its patented […]

Laka raises $1.5M seed to take its ‘crowd insurance’ model beyond bicycles

Laka, a London-based insurtech startup that offers what it calls “crowd insurance” to rival traditional premiums and is initially targeting high-end bicycle owners, has raised $1.5 million in seed funding. The round is led by publicly-listed Tune Protect Group, with participation from Silicon Valley’s 500 Startups — money that will be used to enter new […]

CloudNC scores £9M Series A led by Atomico to bring AI to manufacturing

CloudNC, the U.K. startup and Entrepreneur First alumni that is developing AI software to automate part of the manufacturing process, has quietly raised £9 million in Series A funding, TechCrunch has learned. According to sources — and since confirmed by the company — Atomico, the European VC firm founded by Skype’s Niklas Zennström, has led […]

Marshmallow picks up $1.2M seed to provide car insurance to immigrants and expats

Marshmallow, a new ‘insurtech’ startup in the U.K. building a product for immigrants/expats who are poorly served by the car insurance market, has picked up $1.2 million in seed funding. Backing the company, which is set to launch later this year, is Passion Capital, and Investec Bank. Founded in March 2017 by identical twins Oliver […]