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Lisbon’s rising tech scene needs major exits

February 5, 2015

February has already been a good month for Lisbon’s startup crowd. On Wednesday the Lisbon Challenge, an ambitious three-month-long accelerator project, began whittling a shortlist from 1,392 applications, 35% of which are…

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Purple WiFi looks to take social hotpsot service global

February 3, 2015

Purple WiFi, a social-led hotspot service, is expanding fast. Last month the Manchester, U.K.-based firm secured a $5 million funding round led by Sir Terry Leahy, former CEO of retail giant TESCO.…

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Syriza’s Greece victory: what it means for nascent tech crowd

January 28, 2015

On Sunday Syriza, a far-left party, won snap elections in Greece. The party, whose name stands for ‘Coalition of the Radical Left’, has vowed to end austerity measures put in place since…

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Romania looks to capitalize on huge IT workforce with startup success

January 22, 2015

You won’t hear many of Bucharest’s entrepreneurs extolling the virtues of communism. But it’s Romania’s 42 years as a socialist republic that have – at least in part – helped it become…

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E-residency set to hyperspeed Estonia’s startup scalability

January 6, 2015

Estonia, a nation of 1.3 million people lodged between Russia and Latvia in northeast Europe, is small. It’s around twice the size of Vermont, or half of South Carolina. Last year Estonia…

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Poznan emerges as Poland’s latest startup hotspot

January 5, 2015

Warsaw and Krakow are currently the best known of Poland’s tech centers. But the country, buoyed by excellent education and a growing economy, may have a new digital contender – Poznan. The…

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Lunar Mission One races past goal, thrills crowdfunding experts

December 19, 2014

This week Lunar Mission One (LMO), a project aiming to land a spacecraft on the moon’s South Pole, passed its first crowdfunding goal – and then some. Roughly $1.05 million of an…

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Sustainable tech hits Europe’s roads, but is wider deployment realistic?

December 12, 2014

If you ride a bike path at night between Tongelre and Opwetten in the Netherlands, as of a fortnight ago you should have noticed something different. The path, coated with paint that…

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Europe enjoys lively tech M&A in Q3 2014

December 5, 2014

Tech.eu has released its quarterly study of exits in Europe’s tech sector, which will enthuse investors on the continent. A total of 88 deals were recorded. This is down from the 92…

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BlackBerry’s Passport is getting troubled giant traveling again

December 4, 2014

The media knives are rarely sheathed for BlackBerry these days. Last month it was reported that the Canadian firm’s year-long CEO, John Chen, had to ask his wife to stop flashing her…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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