Varo Money, a mobile-only banking startup has raised more than $27 million in a round of financing led by Warburg Pincus. Varo will attempt to help consumers gain greater control of their…
U.K. Workers ‘Burdened by System Complexity’ – Report
Tens of billions of dollars is being lost to the U.K. economy through unnecessary tasks each year, a report has found – and poor-performing technology is at the heart of the problem.…
Drivy Secures $35m for Car Rental Service
Drivy, a French car rental startup, has secured $35 million in investment for European expansion. The service currently operates in France, Germany and Spain and Drivy plans to add to the 36,000…
Ant Financial Raises Record-Breaking Series B Round
Ant Financial, the affiliate of China’s biggest e-commerce firm Alibaba, has closed a $4.5 billion funding round, reportedly the largest private fundraise of internet company ever. The investment values Ant Financial at…
Medium Raises $50m in Series C Financing
Publishing platform Medium has raised $50 million in Series C financing led by Spark Capital. Two weeks ago the platform announced it was making its services better for professional publishers and brands.…
Swedish ex-Soccer Pro Aims to Democratize Sports Media with New App
Twenty years ago Martin Wiklund was plying his trade in the stadiums of Swedish soccer’s top tier. Now he is hoping to bring the sport to a much wider audience. Armed with…
Cabify Grabs $120m Funding Round
Cabify, the Spanish Uber competitor, has raised a $120 million Series C round of investment. The company is currently expanding into Latin America and is valued at $320 million by the investment.…
Proteus Digital Health Raises $50m for ‘Digital Medicine’
Digital medicine company Proteus Digital Health has secured $50 million in Series H financing. The company’s offerings include drugs that communicate when they’ve been taken, wearable sensors and applications and data analytics…
The Capital Partnership Agrees Deal to Acquire Northgate Capital
The Capital Partnership has agreed to acquire Northgate Capital, the California-based venture capital and private equity investment firm with $4.8 billion in assets under management. The London and Dubai-based asset management firm…
Red Herring Announces Top 100 Europe Winners in Amsterdam
The Red Herring Top 100 Europe event came to a close last week in Amsterdam, where 100 of the most promising startups walked away with an award. The conference hosted a lively…