Blossom Capital closes $432M fund for Series A deals in Europe

European startups collectively raised a record $100 billion+ in funding in 2021, a sign of their swelling ranks, ambitions and stature. Now, a VC in London has closed a record round of funding to cater specifically to that opportunity. Blossom Capital, which makes investments in European startups at the Series A stage, has raised $432 […]

Fresh from a $10M round, Plan A launches SaaS tool for ESG reporting aimed at startups/VCs

With key ESG reporting regulations such as the EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR) covering more than 75 percent of European companies, across the EU and the UK, the regulatory environment is evolving fast. Non-financial data, such as carbon emissions, is catching up with financial reporting burdens. And it’s not just the […]

Paris asks scooter sharing services to restrict speed to 10km/h

Riding a scooter in Paris will soon feel incredibly… slow. The City of Paris has announced that scooter sharing services should restrict the maximum top speed to 10km/h (that’s 6.2mph). That decision comes following a number of pedestrian injuries that involved a scooter. Paris has been an important market for scooter sharing companies. It’s a […]

E-commerce logistics startup Hive buzzes following $34M investment

Berlin-based Hive announced $34 million in new investment Wednesday as it continues developing its technology that provides direct-to-consumer brands an alternative way to manage operations. The company was founded by Oskar Ziegler, Franz Purucker and Leo von Kleist in July 2020 to offer software and operational services, including transparent cost structures, special features and sustainable […]

Tier scoots off with ‘first close’ of its $200M Series D

Berlin-based e-scooter rentals company Tier Mobility has announced what it’s billing as the “first close” of a $200 million Series D, as investors continue to plough money into urban micromobility. Today’s announcement follows a $60M debt raise this summer, and a $250M Series C last November (led by SoftBank). It’s not clear from its PR […]

EU considers single rules for regulate vacation rental platforms

European Union lawmakers are consulting on how to regulate the short term rental market across the bloc — asking whether a single set of pan-EU rules or something more locally flavored is needed to rule over platforms like Airbnb. The Commission says it wants to support an expansion of competition and players in the sector […]

Gaia Capital Partners in Paris rebrands as Revaia, closes first €250M growth fund

Paris-based VC fund Gaia Capital Partners has change its name to Revaia and announced the final closing of its first growth fund, at €250 million. The firm said it exceeded its initial target of €200 million, and the fund will be ‘ESG focused’. Revaia is also claiming to be Europe’s largest female-founded VC fund, although […]

Data scientists: don’t be afraid to explore new avenues

Ilyes Kacher Contributor Share on Twitter Ilyes Kacher is a data scientist at autoRetouch, an AI-powered platform for bulk-editing product images online. I’m a native French data scientist who cut his teeth as a research engineer in computer vision in Japan and later in my home country. Yet I’m writing from an unlikely computer vision […]