Cambridge Uni graphene spin-out bags $16M to get its first product to market

Cambridge, UK based graphene startup, Paragraf, has closed a £12.8 million (~$16M) Series A round of funding led by early stage VC  Parkwalk. Also investing this round: IQ Capital Partners, Amadeus Capital Partners and Cambridge Enterprise, the commercialisation arm of the University of Cambridge, plus several unnamed angel investors.  The funding will be used to […]

Hero Labs raises £2.5M for its ultrasonic device to monitor a property’s water use and prevent leaks

Hero Labs, a London-based startup that is developing “smart” technology to help prevent water leaks in U.K. properties, has raised £2.5 million in seed funding. The round is led by Earthworm Group, an environmental fund manager, with further support via a £300,000 EU innovation grant and a number of unnamed private investors. The new capital […]

Negative? How a Navy veteran refused to accept a ‘no’ to his battery invention

Decades ago, a young naval engineer on a British nuclear submarine started taking an interest in the electric batteries helping to run his vessel. Silently running under the frozen polar ice cap during the Cold War, little did this submariner know that, in the 21st century, batteries would become one of the biggest single sectors […]

Dejbox wants to deliver food to offices in business districts at scale

Meet Dejbox, a French food delivery startup that tries to avoid busy cities in order to accommodate people who really need a new lunch option. The company is a food delivery startup that designs its own meals and works with other companies to cook them, sell them and deliver them. “Corporate headquarters are more and […]

Ford and Volkswagen team up on EVs, with Ford the first outside automaker to use VW’s MEB platform

Automakers Ford and Volkswagen have announced a partnership today that covers a number of areas, including autonomy (via a new investment by VW in Argo AI) and collaboration on development of electric vehicles. This EV tie-up will see Ford use Volkswagen’s MEB platform, which it’s using as the core of its forthcoming line of consumer […]

City Pantry, the UK corporate catering marketplace, has been acquired by Just Eat for £16M

City Pantry, the office catering marketplace that lets you order in food for staff, company events and meetings, has been acquired by takeout marketplace and delivery giant Just Eat. The price is described as an initial cash offering of £16 million, with a possible further payout due if City Pantry achieves agreed operational and financial […]

Runa Capital closes $70M for its third fund aimed at early-stage ‘deep tech’

Runa Capital, an international VC firm headquartered in Silicon Valley, has now closed $70 million for its third fund aimed at backing early-stage startups in so-called “deep tech.” There are rumors Runa is aiming for a $135 million final target for the fund. Last year, its total funding in the U.S. increased by 30%, tallying […]

GetAccept’s workflow and e-signature platform for sales secures $7M Series A funding

Many years ago every sales deal was sealed with a handshake between two people. Today, digitization has moved into the sales process, but it hasn’t necessarily improved the experience. In fact, it’s often become a more time-consuming affair because information and communications are scattered across multiple channels and the number of people involved in a […]

VC firm Otium Venture becomes Frst and raises new fund

It’s a breakup of some sort, but with no hard feelings. The team behind Paris-based VC firm Otium Venture is creating a new management company called Frst and raising a new fund. But first, let’s talk about Otium Venture. Smartbox founder Pierre-Edouard Stérin’s family office created Otium Venture and Otium Brands to manage his startup […]

Bird plans to hire 1,000 people in Paris

Scooter startup Bird is betting on the French market in a significant way. The company plans to open up its biggest European office in Paris. Eventually, Bird wants to hire 1,000 people by mid-2021, which is a meaningful number for a company that has been around for a couple of years. Paris is an important […]