Submissions for The Europas Tech Startups Awards are now open

Submissions for The Europas Awards 2020 have now opened. We’re back for our 11th year of recognizing the hottest tech startups across the European tech scene, as supported by TechCrunch. The awards evening will be held on 25 June 2020 in London, UK, at the ‘Museum of the Home‘ (formerly known as the Geffrye Museum). ...

Felix Capital closes $300M fund to double down on DTC, break into fintech and make late-stage deals

To kick off 2020, one of Europe’s newer — and more successful — investment firms has closed a fresh, oversubscribed fund, one sign that VC in the region will continue to run strong in the year ahead after startups across Europe raised between $35 billion and $36 billion in 2019. Felix Capital, the London VC ...

Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts

The venture-backed insurance world is more than the Lemonades and MetroMiles of the world. There’s more room in the industry for startups to shake things up. One such company, Cambridge-based Insurify, is out today with a new venture round that greatly expands its capital base. The startup, which had accepted just $6.6 million over two ...

Grover tops up debt facility to €250M to scale its renting model for consumer electronics

Grover, the Berlin-based startup that offers “pay-as-you-go” subscriptions to the latest consumer tech, including e-scooters, has closed a new “asset-backed” financing deal, topping up an existing debt facility with Varengold Bank to a total of €250 million. The additional capital will fuel the next phase of growth as the German company has entered scale-up territory. ...

Dear Spotify, add rabbits to your pet playlists

Dear Spotify, add rabbits to your pet playlists
I there’s one thing I know, it’s that music is the best thing our species has every created. If there are two things I know, it’s the music thing and also that that rabbits aren’t hamsters. Listen, Spotify, I get the whole pet playlists thing. A curated playlist based on your listening preferences and a ...

Obvious Ventures closes an irrationally sized third fund

Obvious Ventures, the firm co-founded by Medium CEO and Twitter co-founder Ev Williams, announced today that it has closed its third fund “OV3” at $271,828,182, a number that the graphing calculator-owning among us may recognize as e or Euler’s number. When asked whether the firm had to return any LP money just so it could ...

Paper-rich startup employees look for ‘pre-wealth’ help to lock down stock options

For Silicon Valley’s potential startup millionaires, compensation packages staked on future promises of wealth are where the action is. But what happens when these employees get laid off or have to leave before an exit? When Wouter Witvoet left a startup that he had joined as employee #4, he felt relatively prepared, having set aside ...

Hipmunk’s co-founders tried to buy it back before the shutdown

In a little over a week, the travel metasearch engine Hipmunk will shut down. It’s an abrupt and disappointing end for a product acquired by SAP Concur around three and a half years ago. It didn’t have to go this way, though. We’re now hearing that Hipmunk co-founders Adam Goldstein and Reddit CEO Steve Huffman ...

GaN chargers are still worth getting excited about

GaN chargers are still worth getting excited about
Listen. Chargers aren’t sexy. You know it. I know it. Charger companies know it, regardless of what they tell you in their pitch deck. Honestly, you’d be hard-pressed to think of too many electronic accessories less utilitarian. Dongles, maybe? Cord wraps? But I want it known that I’m still capable of being excited about them ...

Orbex lands TriSept as a customer for rideshare rocket launch mission in 2022

Space launch startup Orbex has secured a customer for its forthcoming Prime space launch vehicle: TriSept, a provider of launch integration services for both commercial and government customers. TriSept has booked the full capacity of a rideshare mission aboard an Orbex Prime rocket to take off sometime in 2022, which should work schedule-wise provided Orbex ...