9 VCs in Madrid and Barcelona discuss the COVID-19 era and look to the future

Spain’s startup ecosystem has two main hubs: Madrid and Barcelona. Most observers place Barcelona first and Madrid second, but the gap appears to close every year. Barcelona has benefitted from attracting expats in search of sun, beach and lifestyle who tend to produce more internationally minded startups. Madrid’s startups have predominantly been Spain or Latin […]

Multis is a business bank account for cryptocurrencies

Meet Multis, a French startup that is building business bank accounts, except that it lets you store, send and receive cryptocurrencies. The startup just raised a $2.2 million seed round. Investors in today’s funding round include White Star Capital, Y Combinator, Coinbase Ventures, eFounders, Greenfield One, Digital Currency Group, Monday Capital and SGH Capital. “It’s […]

Exotec raises $90 million for its warehouse robots

French startup Exotec has raised a $90 million Series C round led by 83North, with existing investors Iris Capital and Breega also participating. Other existing investors include 360 Capital. The company has been working on semi-automated warehouses for e-commerce clients. The system is based on tiny robots called Skypods. They roam the floor and go […]

N26 hires Adrienne Gormley as its new chief operating officer

Fintech startup N26 is announcing some changes in the leadership team with two new C-Level hires. First, Adrienne Gormley, pictured above, is joining the company as chief operating officer, replacing Martin Schilling who left the company in March 2020. Second, Diana Styles, pictured below, will become N26’s chief people officer. Gormley has spent the last […]

Mental health startup eQuoo will be distributed by Unilever in new global youth campaign

Last December (yes, in the before-times) U.K.-based mental health startup eQuoo had a round of announcements, becoming the NHS-approved mental health game, as well as signing Barmer, the largest insurance company in Germany, as a client. It has now been selected as the Mental Health App for Unilever’s new global initiative aimed at the mental […]

Tech giants are ignoring questions over the legality of their EU-US data transfers

A survey of responses from more than 30 companies to questions about how they’re approaching EU-U.S. data transfers in the wake of a landmark ruling (aka Schrems II) by Europe’s top court in July, which struck down the flagship Privacy Shield over U.S. surveillance overreach, suggests most are doing the equivalent of burying their head […]

Klaxoon launches Board, an interactive meeting product for video calls

A few weeks after teasing its new product, French startup Klaxoon is launching Board, a visual interface that lets you work together during a video call. Instead of staring at other people’s faces, you get a shared canvas that you can use for presentations and to suggest ideas. Klaxoon is well aware that many companies […]

HumanForest suspends London e-bike sharing service, cuts jobs after customer accident

U.K.-based startup HumanForest has suspended its nascent “free” e-bike service in London this week, after experiencing “mechanical” issues and after a user had an accident on one of its bikes, TechCrunch has learned. The suspension has also seen the company make a number of layoffs with plans to re-launch next spring using a different e-bike. […]

European Commission to appeal decision that reversed Apple’s $15B State Aid tax bill in Ireland

It’s not over until it’s over for Apple and its ongoing tax headache in Europe. Today the European Commission announced that it plans to appeal the July 2020 ruling that overturned the original $15 billion fine that it leveled against Apple and Ireland over State Aid and taxes, as it believes the General Court “made […]

Cambridge Analytica’s former boss gets 7-year ban on being a business director

The former CEO of Cambridge Analytica, the disgraced data company that worked for the 2016 Trump campaign and shut down in 2018 over a voter manipulation scandal involving masses of Facebook data — has been banned from running limited companies for seven years. Alexander Nix signed a disqualification undertaking earlier this month, which the U.K. […]