Startups

DrivyDrivy

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…

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AlipayAlipay

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…

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MediumMedium

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.…

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SportswikSportswik

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…

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CabifyCabify

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.…

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ProteusProteus

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…

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Northgate CapitalNorthgate Capital

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…

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red herringred herring

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…

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Unit FestivalUnit Festival

Ahead of Berlin’s Biggest LGBTQI Tech Event, Industry Has a Long Way to Go in Sexual Minority Rights

Tomorrow hundreds of people will meet in Berlin for #unit Festival, the ‘world’s first queer tech conference’. The event, run by local group Unicorns in Tech, will welcome over 70 speakers to…

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eleele

Ele.me Raises $1.25bn

Ele.me, a Chinese food delivery service, has raised $1.25 billion from Alibaba Group and its Internet finance arm Ant Financial. Alibaba has invested $900 million, while $350 million comes from Ant Financial.…

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