Latest from Mike Butcher
Last week, the U.K. announced its largest ever military support package for Ukraine. The bill brings the U.K.’s total support for this financial year to £3 billion — not quite…
Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage of…
Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a…
Lawhive has raised £9.5 million ($11.9 million) in a seed round to offer AI-driven services to ‘main street’ law firms.
Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses
E-commerce’s field remains vast and fertile, and further evidence of this has surfaced in the form of one of the largest fundraises by a startup in Turkey.
Munich-based Proxima has raised €20 million ($21.7M) in a seed round to begin building its first generation of fusion power plants.
TransferGo, the U.K.-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwan-based investor Taiwania Capital, with a view to…
Paddy Cosgrave, the co-founder of the Web Summit tech conference, is returning to his role as CEO after resigning in October over controversial statements he made about the Israel/Gaza war…
Against games industry doldrums, Bitkraft Ventures raises $275M to back studios and platforms
Bitkraft Ventures — a games investor based out of Denver, Colorado, but with European founders — is raising its third fund, coming in at $275 million. The fund will make…
Turkey has gained a well-earned reputation as being a veritable cauldron of mobile games startups, leading to the rise of VCs dedicated to the sector. The latest to join this…
We last checked in on Zaver, a Swedish B2C buy-now-pay-later (BNPL) provider in Europe, when it raised a $5 million funding round in 2021. The company has now closed a…
A new study that zeros-in on the founders of so-called “unicorns” — companies worth over a billion dollars — has found most have “underdog” founders who are often drawn from…
Boeing’s chief executive Dave Calhoun will leave the plane-maker by the end of 2024, according to the company. The company has been rocked by controversy after a cabin panel blowout…
U.K.-based limited partners Venrex and Samos Investments are this week backing the launch of a new VC primarily aimed at investing in startups led by Ukrainians inside and outside the war-torn country.…
After three years of efforts, World Fund has finally closed a €300 million first fund, €50 million short of its target in 2021, but still a considerable number given a…
Globally, healthcare IT systems are groaning under the weight of legacy platforms. Thankfully, there’s a new wave of startups entering the arena: U.K. startup Anima is a “care enablement” platform…
Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea.
U.K.-based Ada Ventures is an unusual VC. Instead of just talking about SaaS or AI, it hunts down founders addressing inclusivity and diversity. Instead of confusing LPs with this methodology,…
Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round.
UK startup Fluent has closed a $7.5M seed round to apply LLMs to business databases, making them far easier to interrogate.
This Swedish startup wants to reduce the cost, and controversy, around stem cell production
With the news that “mini organs” have been grown for the first time using human stem cells, this futuristic area of bio-medicine is clearly accelerating by leaps and bounds. However,…
Europe is suffering from a big hangover after the tech investment party of the 2020-2021 period. That said, compared to pre-pandemic levels, VC investment in European startups is up, historically…
MWC: Swayy app lets you share your future location with close friends, or groups you curate
Given that this week Instagram revealed that it was developing a “Friend Map” feature, it was interesting and timely to run into a startup during Mobile World Congress that plans…
Update: Qilimanjaro was chosen as the winner and awarded €20,000. Long ago Mobile World Congress, which we’ve been covering all week, absorbed a side event for startups, the idiosyncratically named “Four…
Spain’s Embat, which has raised $16M, plans to compete with Trovata in real-time accounting
For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a…
At CES 2023, a startup hardware company called Displace launched its 55-inch ‘Display Flex’, a “wireless” $3,000 4K OLED TV which sticks to walls without a traditional mounting. The launch…
Admittedly, Apple iWatch users have had it since October last year, but as of today at Mobile World Congress, the Doublepoint startup has launched the updated version of its popular…
This weekend marks exactly two years since Russia’s illegal, unprovoked and brutal invasion of Ukraine. Despite overwhelming odds and continued hiccups in the supplies of Western aid to fight off…
The former founder of a to-do lists app which sold for as much as $200 million, comes back, nine years later, with yet another app to do the same thing.…
Klaus — an Estonian-born startup which emerged in 2019 to aid customer services agents — has been acquired by global customer services platform Zendesk for an undisclosed amount. Last year…