More layoffs at pivoting London ed tech startup pi-top

London ed tech startup pi-top has gone through another round of layoffs, TechCrunch has learned. Pi-top confirmed that eight jobs have been cut in the London office, saying the job losses resulted from “restructuring our business to focus on the U.S. education market.” In August we broke the news that the STEM hardware-focused company had […]

Curve, the ‘over-the-top’ banking platform, adds support for Samsung Pay

Curve, the London-based “over-the-top banking platform,” has added support for Samsung Pay in the U.K., making it easy for Samsung smartphone owners to pay using their mobile phone, regardless of who they bank with. The new feature is enabled by Curve’s ability to consolidate all of your bank cards into a single Curve card. This […]

Signal AI taps $25M for public data-based market intelligence that spots trends and risks

Media monitoring — where news sources and other public information outlets are scanned regularly for mentions of specific organizations — is a well-established service used by companies for market intelligence and to measure sentiment around their businesses. Today, London-based Signal AI, which has built a substantial operation in the area, has raised $25 million to […]

Laurel Bowden of VC firm 83North on the European deep tech and startup ecosystems

London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier. It last raised a $250 million fund in 2017 and expects to continue the same investment mix, while tracking developments in emerging areas like healthcare AI and autonomous vehicles. In a conversation with general […]

European early-stage VC firm ‘Project A’ on Europe’s startup scene taking the next step

Project A, the Berlin-based VC, just raised a new $200 million fund (€180 million) to continue backing European startups at Seed and Series A stage. In addition, the firm — whose investments include WorldRemit, Catawiki, Voi and Uberall — announced it will now have a presence in London and Stockholm in order to put people […]

Badass millennial women are supercharging startup investments

Patricia Nakache Contributor More posts by this contributor The next frontier in real estate technology Defensible strategies for food tech entrepreneurs facing the Amazon juggernaut Across the political, social and economic stage, women’s issues are finally receiving heightened attention and priority. There are more women than ever seeking political office; funding for female-founded startups is reaching record […]

‘We are seeing volume and interest in Peloton explode,’ says company president on listing day

This morning, Peloton (NASDAQ: PTON), the tech-enabled stationary bicycle and fitness content streaming company, raised $1.2 billion in its NASDAQ initial public offering. Despite dropping more than 10% in its first day of trading — ultimately closing down 11% at $25.84 per share — the IPO was a bona fide success. Peloton, once denied (over […]

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 […]

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 […]

Nigerian online-only bank startup Kuda raises $1.6M

Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it a distinction compared to other fintech startups. “Kuda is […]