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PQShield raises $7M for quantum-ready cryptographic security solutions

A deep tech startup building cryptographic solutions to secure hardware, software, and communications systems for a future when quantum computers may render many current cybersecurity approaches useless is today emerging out of stealth mode with $7 million in funding and a mission to make cryptographic security something that cannot be hackable, even with the most sophisticated systems, by building systems today that will continue to be usable in a post-quantum future. PQShield (PQ being short f...
Tags: Amazon, Startups, TC, Cloud, Europe, UK, Enterprise, Microsoft, Funding, Tech, Deutsche Bank, Oxford University, TCUK, Sdk, Bosch, NIST


Fintech investors see more red tape for the booming payments space following the Wirecard scandal, and say that costs to comply could crimp newcomers' growth

Investors expect greater scrutiny from regulators around the payments space in the wake of the Wirecard accounting scandal.  They think the payments industry could see more consolidation, with only fintechs with the most funding able to meet stricter regulatory requirements. Incumbents could also capture back market share from startups, as customers look to move to more established players. For more stories like this, sign up here for our Wall Street Insider newsletter. Fintech investors are ...
Tags: Europe, London, China, US, Trends, Customers, Paypal, Goldman Sachs, Fis, Mastercard, Bain Capital Ventures, Business Insider, Klarna, Bluesnap, Ouml, Fiserv


Nauta Capital launches fifth fund with €120M to back early-stage European B2B startups

Nauta Capital, the pan-European venture capital firm that invests in B2B technology startups at seed and Series A, is launching its fifth fund. The new vehicle has an initial close of €120 million and is expected to surpass the VC’s 2016 fund, which topped out at €155 million. With offices in London, Barcelona and Munich, Nauta Capital has over half a billion under management and is supported by a team of 24 people, making it one of Europe’s largest B2B focused VCs. The firm invest in companies ...
Tags: Travel, Fundings & Exits, Startups, TC, Facebook, Europe, London, Microsoft, Germany, Berlin, America, Spain, General Partner, Nauta, ARR, Carles


UK nominates Liam Fox to lead World Trade Organization

Government describes former international trade secretary as ‘ideal candidate’ for top job Liam Fox, Britain’s former international trade secretary, will be nominated by the UK to be the next head of the World Trade Organization (WTO), the government’s Department for International Trade has confirmed.Fox was a cabinet minister in Theresa May’s government between July 2016 and July 2019, and has been a Conservative MP since 1992. Continue reading...
Tags: Europe, Business, Politics, UK, European Union, UK News, World news, Fox, Britain, Theresa May, Foreign Policy, World Trade Organization, Liam Fox, Brexit, World Trade Organization WTO, Trade Policy


Tati, much-loved French retailing institution, shuts up shop in Paris after 70 years

Cut-price clothing chain falls victim to changing shopping habits and the Covid-19 lockdownTati, the much-loved cut-price clothing chain that has been a French retail institution for more than 70 years, is to close its original – and last – Paris store after public transport strikes and the coronavirus crisis sent sales plunging by more than 60%.Founded by a Tunisian immigrant at the end of the second world war in the shabby but exotic mainly west African Barbès district at the foot of Montmartr...
Tags: Europe, Business, France, World news, Retail industry, Paris, Tati, Barbes, Montmartre Tati


Tati, much-loved French retailer, shuts up shop in Paris after 70 years

Cut-price clothing chain falls victim to changing shopping habits and the Covid-19 lockdownTati, the much-loved cut-price clothing chain that has been a French retail institution for more than 70 years, is to close its original – and last – Paris store, after public transport strikes and the coronavirus crisis sent sales plunging by more than 60%.Founded by a Tunisian immigrant at the end of the second world war in the mainly west African Barbès district at the foot of Montmartre, Tati grew into...
Tags: Europe, Business, France, World news, Retail industry, Paris, Tati, Barbes, Montmartre Tati


New training programs for European and Israeli startups

Starting a successful company is a difficult job for anyone. But because the startup playing field isn’t level, some entrepreneurs have a tougher time than others. Many women and BIPOC founders have comparatively limited access to capital, mentorship, talent and networking opportunities. More than 7 in 8 people working for European startups identify as Caucasian or White, but only 20 percent of founders are women; and 92 percent of funding in 2019 went to all-male teams. Particularly in times of...
Tags: Google, Europe, Small Business, Germany, Israel, Entrepreneurs, Malaga Spain, Diversity and Inclusion, Google in Europe, Google for Startups, Agnieszka Hryniewicz Bieniek, BIPOC, Sano Genetics, Charlotte Guzzo


Here's an exclusive look at the pitch deck that Dubai-based proptech startup Nomad used to raise $4 million

Dubai-based property tech startup Nomad Homes has raised $4 million in a seed round led by Comcast Ventures.  Other investors included Abstract Ventures, Partech, Precursor Ventures, WndrCo, and Class 5 Global.  Helen Chen, cofounder and CEO of Nomad, told Business Insider that the company's marketplace offers "better verification and transparency, a removal of duplicate listings, and a smoother online experience." Visit Business Insider's homepage for more stories.  A startup founded by form...
Tags: Europe, US, America, Trends, Middle East, Dubai, Mls, Blackstone, Comcast Ventures, Business Insider, Nomad, Chen, Helen Chen, Nomad Homes, Abstract Ventures Partech Precursor Ventures, Blackstone Addepar


Here's an exclusive look at the pitch deck this Dubai-based proptech startup used to raise $4 million

Dubai-based property tech startup Nomad Homes has raised $4 million in a seed round led by Comcast Ventures.  Other investors included Abstract Ventures, Partech, Precursor Ventures, WndrCo, and Class 5 Global.  Helen Chen, cofounder and CEO of Nomad, told Business Insider that the company's marketplace offers "better verification and transparency, a removal of duplicate listings, and a smoother online experience." Visit Business Insider's homepage for more stories.  A startup founded by form...
Tags: Europe, US, America, Trends, Middle East, Dubai, Mls, Blackstone, Comcast Ventures, Business Insider, Nomad, Chen, Helen Chen, Nomad Homes, Abstract Ventures Partech Precursor Ventures, Blackstone Addepar


UK’s Farewill raises $25M for its new approach online will writing, funerals and other death services

The daily updates on COVID-19 outbreaks, tragic stories of related fatalities, and our narrowed scope of life due to lockdown have all put the concept of mortality — and for some the sad business of actually dealing with a death — squarely into focus for many people. Today, a startup that’s building out a suite of services related to that is announcing a round of funding on the back of a boost of growth in business. Farewill, a UK startup that provides a platform for people write online wills, o...
Tags: Startups, TC, Europe, Japan, UK, US, Tech, Oxford, Tokyo, Cto, Highland Europe, Transferwise, Dan, Imperial College, Royal College of Art, Garrett


Enterprise architecture software company LeanIX raises $80M Series D

LeanIX, the enterprise architecture software company founded out of Bonn in Germany, has closed $80 million in Series D funding. The round is led by new investor Goldman Sachs Growth. Previous investors Insight Partners and DTCP also followed on. The Series D brings LeanIX’s total funding to over $120 million. The company says it will use the investment to continue international growth and to further develop its complementary solutions for cloud governance. In the last 12 months, LeanIX has open...
Tags: Fundings & Exits, Startups, TC, Europe, Germany, Tech, Bonn, Utrecht Netherlands, Mimecast, Alexander Lippert, Insight Partners, André Christ, Goldman Sachs Growth, Goldman Sachs Growth Previous, Hyderabad India Munich Germany, Europe Comments Christian Resch


Stop trying to shame companies that took PPP loans

Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here. QUOTE OF THE DAY "It was positive for me." — Brazil's President Jair Bolsonaro announcing he has tested positive for coronavirus, after months of flouting public health recommendations, rejecting masks, and doubting the seriousness of the pandemic. WHAT'S HAPPENING Donald Trump paid someone to take the SAT for him. That's one of the allegations in Mary Trump's book about her uncle. She also says Fred Trump...
Tags: Google, Facebook, Hong Kong, Europe, David Brooks, Florida, London, Mississippi, Senate, China, US, Trends, Iran, United States, New York Times, Peter Thiel


How European seed firm Connect Ventures finds ‘product-first’ founders

Connect Ventures, the London-based seed-stage VC that was an early investor in Citymapper and Typeform announced a new $80 million fund last month to continue investing in “product-led” founders. Launched back in 2012, when there was a shortage of institutional capital at seed stage in Europe and micro VC was a novelty in the region, Connect Ventures invests in B2B and consumer software across Europe, including SaaS, fintech, digital health and “future of work.” Running throughout the firm’s ...
Tags: Startups, TC, Europe, London, Finance, Future Of Work, Tech, Remote Work, B2C, SaaS, Venture Capital, Fintech, B2b, Connect Ventures, Citymapper, Market Analysis


Decrypted: Police hack criminal phone network; Randori raises $20M Series A

Last week was, for most Americans, a four-day work week. But a lot still happened in the security world. The U.S. government’s cybersecurity agencies warned of two critical vulnerabilities — one in Palo Alto’s networking tech and the other in F5’s gear — that foreign, nation state-backed hackers will “likely” exploit these flaws to get access to networks, steal data or spread malware. Plus, the FCC formally declared Chinese tech giants Huawei and ZTE as threats to national security. Here’s more ...
Tags: Security, Social, Startups, Europe, Fcc, China, Tech, Ceo, Data Breach, Encryption, Cryptography, Palo Alto, Information Technology, United States, Internet Security, United Kingdom


Palantir, a secretive tech company started by members of the 'PayPal mafia' with close ties to the Trump administration, could be one of the biggest tech IPOs ever. Take a closer look at how it makes money

Palantir has confidentially filed a draft of its S-1 paperwork for its planned IPO listing, the company announced Monday.  Activists have long protested the $20 billion big-data company for the ICE's use of its software to gather, store, and search for data on undocumented immigrants, and reportedly played a role in workplace raids. Palantir has also been notoriously secretive due to its work with government, policing, and military organizations like the Department of Defense, the Army, the Ma...
Tags: Amazon, Facebook, Europe, Osama Bin Laden, Stanford, Nsa, Ipo, India, US, Trends, Department Of Defense, Bloomberg, Paypal, Fbi, Credit Suisse, Peter Thiel


Good News: The Fiat 500L Is Back in Production

Fiat Chrysler’s Serbian assembly plant was the first European auto factory to shut down as a result of the growing coronavirus pandemic — a grim harbinger of things to come, and not just for Europe. That temporary February shutdown stemmed from a parts shortage arising from the hard-hit Chinese manufacturing sector. A far more prolonged […] The post Good News: The Fiat 500L Is Back in Production appeared first on The Truth About Cars.
Tags: Europe, Sales, Production, Autos, Fiat, Fiat Chrysler, Fiat Chrysler Automobiles, News Blog, fiat 500L, Coronavirus, 500L


OnePlus confirms its affordable Nord phone will launch on July 21

OnePlus has confirmed that it’ll launch its mid-range OnePlus Nord phone on July 21 through an AR launch. The company has released the OnePlus Nord AR app on the Play Store and App Store so people can experience the device virtually. By now, we know quite a few details about the company’s upcoming mid-range phone. Last month, the Chinese smartphone maker confirmed that the phone will be available only in India and Europe. [Read: Everything we know about the OnePlus Nord] OnePlus has also reveale...
Tags: Startups, Europe, India, Oneplus, Nord, Plugged, OnePlus Nord


Koyeb is a serverless startup that ingests, processes and stores data with multiple cloud providers

Meet Koyeb, a new French startup founded by Yann Léger, Édouard Bonlieu and Bastien Chatelard who have previously worked at Scaleway for many years. Koyeb is a serverless startup that helps you manipulate data in different ways without worrying about your server infrastructure. Competition has become incredibly fierce between cloud service providers, and Koyeb wants to take advantage of that. You can integrate Koyeb with multiple cloud service providers and let Koyeb do the heavy lifting. ...
Tags: Startups, Europe, Developer, Tech, France Newsletter, Google Cloud, Serverless, Scaleway, Koyeb, Yann Léger Édouard Bonlieu, Bastien Chatelard, DigitalOcean Let, Amazon Transcribe Instead


Europe faces deep recession and UK will shrink by 10%, says EC

Gloomy forecast comes 10 days before EU leaders meet to discuss €750bn recovery planEurope is facing a deep recession in 2020, while the UK economy is forecast to shrink by almost 10% this year, the European commission has said.Brussels is forecasting an 8.3% drop in GDP for the 27 economies of the European Union in 2020 followed by a 5.8% rebound in 2021. The eurozone is forecast to contract by 8.7% this year, with 6.1% growth in 2021. Both are worse declines and weaker rebounds than the histor...
Tags: Europe, Business, UK, Economics, Eu, European Union, UK News, European Commission, Brussels, Eurozone, EC


Organise, a platform for worker rights, raises £570K seed funding led by Ada Ventures

Organise, a U.K. startup that has built a platform to help workers organise and campaign for better rights, has raised £570,000 in seed funding. The round is led by Ada Ventures, fitting into the VC firm’s remit to back “overlooked markets and founders”. Also participating is Form Ventures, RLC Ventures (a seed-stage fund who commit a portion of their profits back to charitable causes chosen by founders), and Ascension Ventures via its Fair By Design Fund. Founded in 2017 by CEO Nat Whalley and ...
Tags: Fundings & Exits, Startups, TC, Europe, Tech, Jeff Bezos, Hay, Whalley, Ascension Ventures, Avaaz, Amazon Anonymous, Ada Ventures, RLC Ventures, Nat Whalley, CTO Bex Hay Organise, ChangeLab


Scott Technology sees lumpy recovery in global market

Scott Technology is seeing an uneven recovery in its global markets, with the Asia Pacific returning to normal more rapidly than in the US and Europe. Still, the robotics and automation firm expects its earnings in the 12 months... [Author: [email protected]]
Tags: Europe, Business, US, Asia Pacific, Scott Technology


Everyday Moments Define Leaders

Guest post from Gregory P. Shea, Ph.D.: It took a while, but we got it: we were all in crisis.   Many of us still are, especially the most medically and economically vulnerable both here and abroad.   All of us will face moments of challenge and even crisis over the coming months.   So many moments will seem small and yet they will prove definitional.   They will define who we are as leaders, particularly for those whom any of us would lead today or tomorrow.   They will co...
Tags: Europe, Leadership, Disney, Change, American Express, Miami, Aristotle, San Juan, Philly, Disney World, Wharton, Wharton School of the University of Pennsylvania, Dan McCarthy, Gregory P Shea, San Juan Good, Shea and Associates Inc


The importance of the space industry in a post-pandemic world

With all of the immense challenges we face on Earth this year, space can feel like an afterthought. Before the COVID-19 pandemic, the hope of a growing space industry was palpable. Ribbons were cut, buildings were dedicated, and Australia’s space industry was going to triple in size in just ten years. But a few weeks into March, Europe and then Australia were slowly grinding to a halt as the reality of COVID-19 set in. Satellite images from ESA’s Copernicus Sentinel-2 mission in space showed the...
Tags: Startups, Europe, Science, Australia, Earth, World, Syndication


Uber will buy food-delivery startup Postmates for $2.65 billion

Uber will buy food delivery firm Postmates for $2.65 billion in an all-stock deal, Uber confirmed on Monday. Postmates was founded by Bastian Lehmann, Sam Street, and Sean Plaice in 2011. It currently only serves the US, and is headquartered in San Francisco. Uber has been circling around several smaller food-delivery businesses over the past few years, attempting to buy GrubHub and the UK's Deliveroo. Visit Business Insider's homepage for more stories. Uber will buy the food delivery startup...
Tags: Europe, UK, US, Trends, Zomato, Postmates, Wedbush Securities, GrubHub, San Francisco Uber, Dara Khosrowshahi, Cornershop, Dan Ives, Bastian Lehmann Sam Street, Sean Plaice, Shares of Uber


Uber is buying Postmates in a $2.65 billion deal as it leans on food-delivery to make up for coronavirus losses (UBER)

Uber will buy food delivery firm Postmates for $2.65 billion in an all-stock deal, Uber said Monday, confirming earlier reports.  Postmates was founded by Bastian Lehmann, Sam Street, and Sean Plaice in 2011. It currently only serves the US, and is headquartered in San Francisco. Uber has been circling around several smaller food-delivery businesses over the past few years, attempting to buy GrubHub and the UK's Deliveroo. Visit Business Insider's homepage for more stories. Uber will buy the ...
Tags: Uber, Europe, UK, US, Trends, Zomato, Postmates, Uber Eats, Bastian Lehmann, EBITDA, Wedbush Securities, GrubHub, San Francisco Uber, Dara Khosrowshahi, Cornershop, Khosrowshahi


Everything we know about the OnePlus Nord

Five years after releasing its $300 OnePlus X mid-range phone, the Chinese smartphone maker will soon launch its new affordable offering — the OnePlus Nord. The company has confirmed that it’s launching the new series initially just in India and Europe. That means the US will miss out on a potentially solid sub-$500 phone for now. So, what do we know about this phone? The company has spilled a lot of beans in recent weeks through interviews and announcements. In a chat with Android Authority, On...
Tags: Startups, Europe, India, US, Carl Pei, Android Authority, Plugged


Here's an exclusive look at the pitch deck robot startup BotsAndUs used to raise $2.5 million

UK-based robot startup BotsAndUs has raised £2 million ($2.5 million) from VC investors Kindred Capital and Capnamic Ventures.  The company secured its first institutional funding round during coronavirus amid an increase in demand and enquiries for its services.  "COVID-19 has pushed autonomous tech into spotlight and it's ready to be deployed in these dynamic areas and we can benefit from it," BotsAndUs CEO and cofounder Andrei Danescu told Business Insider in an interview. "People have snap...
Tags: Europe, UK, Trends, European Union, Dnata, Capnamic Ventures, COVID, Andrei Danescu, Robot Union, MediaMarktSaturn Heathrow Airport British Airways, Danescu


Lydia expands credit offering in partnership with Younited Credit

French startup Lydia is announcing a new partnership with Younited Credit, which lets you borrow anything between €500 and €3,000 and pay back within 6 to 36 months. The feature will be released in France at some point during the summer. This isn’t the first time Lydia is playing around with credit. The company already partnered with Banque Casino to let users borrow between €100 and €1,000. But that feature was limited to short-term credit as you had to reimburse everything over three instal...
Tags: Startups, Europe, France, Finance, Samsung, Tech, France Newsletter, Tencent, Fintech, Lydia, Younited Credit, Banque Casino, Younited Credit This, Younited Credit in France Lydia


Hydrogen vs. electric: Nikola's CEO reveals why businesses should buy the Nikola Two hydrogen-fueled truck instead of the battery-powered Tesla Semi (NKLA)

Nikola says its Nikola Two hydrogen-powered semi truck will have 500-750 miles of range, compared to the 300-500 miles Tesla has said its Semi will be able to drive between charges. Battery-powered vehicles require a trade-off between range and storage capacity, Nikola CEO Mark Russell told Business Insider. More range means a bigger battery, and less room for freight. Are you a current or former Nikola employee? Do you have an opinion about what it's like to work there? Contact this reporter ...
Tags: Europe, Elon Musk, California, Los Angeles, Trends, Tesla, North America, Phoenix, Anheuser Busch, Russell, Mark Russell, Nikola, Nikola Motor, Nikola Two, Russell Batteries, Nikola Anheuser Busch


OnePlus, the small tech company taking on Apple and Samsung, is about to launch a super-cheap 5G smartphone — here's everything we know about it so far

OnePlus is gearing up to release its next smartphone, the OnePlus Nord, which will cost less than $500. The phone is expected to feature a flat, simple design, a multi-camera setup, and 5G connectivity. The Nord will be noticeably cheaper than the recently launched OnePlus 8 and OnePlus 8 Pro, which cost $700 and $900, respectively. The launch would come as smartphone makers like Samsung and Apple are launching more competitively priced phones like the iPhone SE and series of Galaxy A devices....
Tags: Apple, Europe, India, US, Samsung, Trends, North America, Qualcomm, Oneplus, Tcl, Nord, Carl Pei, Pete Lau, OnePlus Nord, Matthias Czaja



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