Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe

Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based VC MMC Ventures with support from existing investor All Iron Ventures, and new investors Bonsai Partners, 10x and Santander Smart. The company will use the backing to expand in its main markets of Spain, France […]

UK police arrest a number of climate activists planning Heathrow drone protest

U.K. police have arrested a number of environmental activists affiliated with a group which announced  last month that it would use drones to try to ground flights at the country’s busiest airport. The group, which calls itself Heathrow Pause, is protesting against the government decision to green-light a third runway at the airport. In a […]

ckbk pulls a ‘Spotify for recipes’ out of the beta oven

Cooking may be under sustained attack by a wave of on-demand food delivery startups, with names that can double as gluttonous calls to action (oh hey Just Eat!), but that hasn’t stopped London-based startup ckbk from pushing in the opposite direction — with a digital service that offers on-demand access to high quality recipes licensed […]

Despite Brexit, UK startups can compete with Silicon Valley to win tech talent

Mehul Patel Contributor Mehul Patel is the CEO of Hired , the marketplace that matches tech talent with the world’s most innovative companies. Brexit has taken over discourse in the UK and beyond. In the UK alone, it is mentioned over 500 million times a day, in 92 million conversations — and for good reason. […]

Europe’s antitrust chief, Margrethe Vestager, set for expanded role in next Commission

As the antitrust investigations stack up on US tech giants’ home turf there’s no sign of pressure letting up across the pond. European Commission president-elect Ursula von der Leyen today unveiled her picks for the next team of commissioners who will take up their mandates on November 1 — giving an expanded role to competition […]

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation

Getaround, a car-sharing platform and winner of TechCrunch Disrupt New York Battlefield 2011, will enter the unicorn club with a roughly $200 million equity financing. The deal values Getaround, founded in 2009, at $1.7 billion, according to an estimate provided by PitchBook. Getaround declined to comment, citing internal policy on “funding speculation.” “Getaround and our […]

Facebook’s lead EU regulator is asking questions about its latest security fail

Facebook’s lead data protection regulator in Europe has confirmed it’s put questions to the company about a major security breach that we reported on yesterday. “The DPC became aware of this issue through the recent media coverage and we immediately made contact with Facebook and we have asked them a series of questions. We are […]

Mental health websites in Europe found sharing user data for ads

Research by a privacy rights advocacy group has found popular mental health websites in the EU are sharing users’ sensitive personal data with advertisers. Europeans going online to seek support with mental health issues are having sensitive health data tracked and passed to third parties, according to Privacy International’s findings — including depression websites passing […]

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the choppy darks of cryptocurrencies. The round was led by financial services and asset management firm […]

Update on Nigerian fintech firm Interswitch and its speculative IPO

Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange. Last month Bloomberg News ran a story—based on unnamed sources—reporting the financial services firm had hired investment banks to go public on the LSE later in 2019. The piece spurred additional aggregated press. That Interswitch—which provides […]