There aren’t many growth funds in Europe, but one of them now has fresh capital to invest in enterprise companies: German investment management firm DTCP held the final […]
From Brex exec to venture capitalist
Welcome to TechCrunch Fintech! This week, we’re looking at a Brex exec’s jump to join venture firm a16z, Klarna selling off its payments unit and some mega-raises. To get […]
Foresite Capital raises $900M sixth fund for investing in healthcare and life sciences companies
Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 […]
Spanish startups reached €100 billion in aggregated value in 2023, consolidating the country’s position as a midsize European tech ecosystem
If 11 figures is your attention threshold, you may be interested in learning that the combined enterprise value (EV) of Spanish startups surpassed €100 billion in 2023, according […]
Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
Open banking may be a global trend, but implementation is fragmented. The fintech startups doing the legwork to make it a reality in smaller markets could become M&A […]
Tutoring platform GoStudent reaches profitability amid tradeoffs
Vienna may have a wealth of museums, public transportation, spring water and social housing, but tutoring platform GoStudent is another of its crown jewels. Its services are now […]
With backing from NATO Innovation Fund, OTB Ventures will invest $185 million into European deep tech
Not a day goes by without some confirmation that deep tech is on the rise in Europe — and that public and private capital investors are here for […]
Amazon’s $1.4B iRobot deal is dead. Now what?
A year and a half after announcing its intention to acquire iRobot, Amazon’s deal is officially dead. All parties involved anticipated some level of regulatory scrutiny, but after […]
Luko’s acquisition won’t make everyone happy, but the insurtech will live on
Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million). This […]
Even without Adobe, things don’t look too bad for Figma
CB Insights estimates that Figma is still worth between $8.3 billion and $9 billion Anna Heim 9 hours A failed acquisition often spells doom for the target company. […]