Top news of the week: 04.10.2022.
This Week in European Tech: Cash influx boosts Milan startup scene, Fasanara inks $350 million fund, Visma moves into House of Control, and more
Here's a roundup of this week's biggest European Tech funding rounds, exits, 'other news' that you might have missed, and a compendium of must-read articles on all things #EUtech.
In 2019 this VC decided to invest in diverse founders. Three years later it’s already starting a second fund
Ada Ventures, a European VC that decided to invest in diverse and normally unrepresentative groups and sectors, like women or POC founders reaches a £36m ‘first close’ of its second fund, ...
Can companies issue stakes in their success without using shares or options? This startup thinks so
Estonian startup Koos offers a standardized API allowing companies to offer a form of 'stake' in a company’s success raises $4 million in seed funding led by European VC Plural with ...
Egyptian venture capital firm Algebra Ventures hits first close of second fund at $100M
Egyptian VC Algebra Ventures reaches first close of second fund, exceeding its initial targeted $90M for the whole fund
HSBC invests in Singapore’s customer intelligence and risk assessment startup
HSBC Asset Management has led a seed funding round of $4 million in Singapore’s customer intelligence and risk assessment startup Bizbaz.
Berlin’s Everstores to launch after picking up €18 million to unlock a European D2C asset class
Everstores has just raised €18 million to acquire and grow small European D2C brands at scale, creating a new asset class for the market and giving these
Nigerian proptech Spleet gets $2.6M led by MaC VC to scale its property management products
Spleet is a platform that partners with apartment owners to list their properties and offers renters options to pay rent monthly, quarterly and biannually.
Stockholm-based Ripe helps product-led B2B companies find the ripest leads in their customer base
Swedish startup Ripe raised a $2 million pre-seed to aid companies with product-led growth efforts.