DN Capital raises €144M for its 3rd European venture and growth fund

DNcapitalDN Capital, a leading venture and growth investor in the UK, has announced today that it has raised €144 million ($200 million) for its third venture capital fund, GVC III. The new fund, which is three time larger that the previous one, will be invested in early and growth stage companies in northern Europe, particularly the UK, Germany, and the Nordics.

The London-based company said a part of the funds will be allocated for US companies that are expanding into Europe.

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Enevo closes $8M funding, eyes Middle Eastern and African markets

enevo-screenSmart waste management startup Enevo announced today that it has raised $8 million of international funding to further improve its sensor-based waste collection system and expand to global markets. The round includes Earlybird, Lifeline Ventures, Finnish Industry Investment, Draper Associates and Risto Siilasmaa, among others.

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Social-media influencer network Brandnew raises $1.9 million from the city of Berlin and from private investors

BrandNewio-logoBerlin-based Brandnew, which connects “top influencers” on Instagram, Facebook, Pinterest to deliver native ads, announces that they have obtained $1.1 million in a grant from the city of Berlin and $845K from a network of investors that includes PubliGroupe, Berlin Ventures, and Lukas Kircher.

The company says that this funding will be directed towards developing their technology, implementing new market strategies, and developing new brand partnerships. Brandnew already partners with companies like Coca Cola, Adidas, Ford, L’Oreal, and Uber and says that they current have more than 800 profiles in their “influencer network.”

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Smart-home startup Tado finalizes its Kickstarter bid with huge success

tado-screenMunich-based Tado is one company hoping to bring homes into the future with apps for controlling your heater and AC unit. It is not new on the scene, having been founded in 2011 and already releasing their heating app in May 2013. They started out focusing on the German, Austrian, and Swiss markets, but expanded to the UK the following year and went global after that. But what is interesting is that, despite solid financial backing, the company has just recently, and very successfully,  completed Kickstarter campaign to fund their latest project, an app that allows users to control their AC with their phones.

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Transportation search service GoEuro announces that it has raised $27 million in Series A

goeuro-screenGoEuro, a service that allows users to find car rentals, flights, and rail tickets, announces that they have raked in $27 million in a Series A round from New Enterprise Associates and current backers Battery Ventures, Hasso Plattner Ventures, and Lakestar, who all increased their investment in the company.

GoEuro, which launched in March 2012, kicked off its funding back in March 2013 with $4 million from Hasso and Battery and then followed that up with an undisclosed amount from Lakestar in January of this year.

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Zomato expands further in Eastern Europe via the acquisitions of Lunchtime and Obedovat

zomato-screenRestaurant discovery service Zomato who has raised a handsome $37 million in late 2013 and launched simultaneously in Brazil, Indonesia and Turkey, seems fully stuck to its aggressive growth strategy. India-born company announced today that it moves further in Eastern Europe via the acquisitions of Lunchtime and Obedovat, the Czech Republics and Slovakia’s most popular restaurant search services.

Zomato said it will be paying $3.25M for the two startups combined. After the acquisitions, its database of restaurants now exceeds 250K entries from across 15 countries.

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Enterprise content management firm Alfresco raises $45M in growth capital

alfresco_logoEnterprise content management startup Alfresco Software announced $45 million new funding in growth capital to give a boost to its Go-to-Market (GTM) strategy mainly via adding new sales people and investing further in existing markets.

The Series D round is led by Sageview Capital, with participation by earlier investors Accel Partners, Mayfield Fund and SAP Ventures, The round, which is the biggest so far, increases the total to $65.4 million.

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Startupbootcamp starts collecting applications for new, Barcelona-based IoT program

barcelona-businessEurope’s largest and proudest startup accelerator Startupbootcamp has launched a Barcelona-based program with a special focus on Internet of Things and smart data. The applications are now open to apply for the 3-month program led by Angel Garcia, Aldo de Jong and Marcos Cuevas.

The conditions are pretty much the same with Startupbootcamp’s other accelerator programs, with no restrictions on the nationality of the applicants as long as they are ready to move to Barcelona for a period of 3-4 months to develop their ideas into a promising business and prepare for the subsequent pitching events.

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PLDT gets 10% stake in Rocket Internet at a total valuation of €3.33B

PLDT-rocket-internetEurope’s biggest and richest internet incubator Rocket Internet has announced a massive investment of €333 million from Philippine Long Distance Telephone Company (PLDT) in exchange of 10% stake in the company, putting the market value of the German giant roughly at €3.3 billion. The couple simultaneously announced a joint project that will focus on developing online and mobile payments systems and tech for emerging markets.

Under the agreement, Rocket will benefit PLDT’s money expertise and resources to grow its Asian revenue stream. The two will start by jointly developing mobile and online payment technologies and services to capture the “unbanked, uncarded and unconnected” population in emerging Asian markets.

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Streaming-TV platform Vidmind gets $30M from Russian retailer Trellas, plans international expansion

vidmind-streamIsraeli Vidmind, a white-label, OTT cloud-TV platform, announces that they have obtained $30 million in financing from Russian retailer Trellas and that they are partnering with them to launch TVzor, a streaming video service available through a set-top box.

TVzor looks to establish itself in the Russian market at first, but may move to expand globally after that. Trellas is reportedly committed to follow-on investment which will fuel Vidmind’s plans for international expansion.

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