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Investors say Eindhoven poised to become Netherlands’ No. 2 tech hub

Eindhoven might not immediately spring to mind as a high-tech hub, but the Netherlands city is keen to position itself as a center for deep tech in Europe. The Technical University of Eindhoven, High Tech Campus Eindhoven, and locally based corporates like ASML and Philips have been eyeing initiatives across Europe and applying what they’ve learned to the region’s strategy. Philips launched in Eindhoven in 1891 and played no small part in the municipality’s ambitions to become a tech hub. Eindho...
Tags: Startups, TC, Europe, Tech, Netherlands, Amsterdam, Venture Capital, Philips, Eindhoven University Of Technology, Eindhoven, Serendipity, Daniel, ASML, Lithography, Esports Arena, Investor Survey


Daily Crunch: Spotify and Ford make acquisitions

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome back to the Daily Crunch for Friday, June 18. Congratulations! You’ve made it to the end of the week without Alexander, who will return bright-eyed on Monday. TechCrunch has the day off for Juneteenth, so this will be a tad pared down. And by “a tad pared down” I mean a lot pared down. To start off, how about you have a listen to the latest episode of our a...
Tags: TC, Spotify, Europe, New York, London, Tech, Ford, Brazil, EC, Alex, Mailchimp, Nubank, Expensify, Ftc, Alexander, Danny


Perspectives on tackling Big Tech’s market power

The need for markets-focused competition watchdogs and consumer-centric privacy regulators to think outside their respective ‘legal silos’ and find creative ways to work together to tackle the challenge of big tech market power was the impetus for a couple of fascinating panel discussions organized by the Centre for Economic Policy Research (CEPR), which were livestreamed yesterday but are available to view on-demand here. The conversations brought together key regulatory leaders from Europe and...
Tags: Apple, Google, Facebook, Europe, UK, New York, Congress, France, Germany, US, Tech, Eu, European Union, Atlantic, Commission, European Commission


Mediflash is a freelancer marketplace for health professionals

Meet Mediflash, a new French startup that wants to improve temp staffing in healthcare facilities, such as nursing homes, clinics and mental health facilities. The company positions itself as an alternative to traditional temp staffing agencies. They claim to offer better terms for both caregivers and institutions. “It costs a small fortune to health facilities while caregivers are paid poorly,” co-founder Léopold Treppoz told me. Traditional temp staffing agencies hire caregivers and nurses on ...
Tags: Fundings & Exits, Startups, Europe, Marketplace, France, Tech, France Newsletter, Caregiver, Staffing, Freelancer, Mediflash, Léopold Treppoz, Treppoz, Metz Nancy, Strasbourg Mediflash, Firstminute Capital Several business angels


UK’s ICO warns over ‘big data’ surveillance threat of live facial recognition in public

The UK’s chief data protection regulator has warned over reckless and inappropriate use of live facial recognition (LFR) in public places. Publishing an opinion today on the use of this biometric surveillance in public — to set out what is dubbed as the “rules of engagement” — the information commissioner, Elizabeth Denham, also noted that a number of investigations already undertaken by her office into planned applications of the tech have found problems in all cases. “I am deeply concerned abo...
Tags: Europe, UK, London, Sweden, US, Tech, Eu, European Commission, Cctv, Brexit, Ico, DPA, General Data Protection Regulation, Denham, EU UK, Elizabeth Denham


Report Finds Phone Network Encryption Was Deliberately Weakened

A weakness in the algorithm used to encrypt cellphone data in the 1990s and 2000s allowed hackers to spy on some internet traffic, according to a new research paper. Motherboard: The paper has sent shockwaves through the encryption community because of what it implies: The researchers believe that the mathematical probability of the weakness being introduced on accident is extremely low. Thus, they speculate that a weakness was intentionally put into the algorithm. After the paper was published,...
Tags: Europe, Tech, GEA


Vitosha Venture Partners launches $30M fund to back Bulgarian-related early-stage startups

Vitosha Venture Partners is a brand new venture fund launching out of Bulgaria, and backed by the Bulgarian government. The 26 million euro ($30M) fund aims to invest in approximately 100 companies, starting from low ticket sizes all the way up to a million, in early-stage and growth-stage companies that are based in or related to Bulgaria. Vitosha will be co-financed by the European Structural and Investment Funds under the Operational Programme for Innovation and Competitiveness 2014-2020, man...
Tags: TC, Europe, Tech, Venture Capital, Bulgaria, Agtech, Eastern Europe, Kamen, Erik Anderson, UiPath, Co-founder, Managing Partner, South Eastern Europe, Vitosha, European Structural and Investment Funds, Max Gurvits


Wise announces plans to go public via direct listing

Wise, the fintech company formerly known as TransferWise, has announced that it wants to become a public company on the London Stock Exchange. Instead of following the traditional IPO route, Wise plans to go public via a direct listing. This is going to be the biggest direct listing on the London Stock Exchange. If you’re not familiar with Wise, the company specializes in cross-border money transfers. If you want to send money to someone living in another country, traditional retail banks charge...
Tags: Startups, Europe, Finance, Tech, London Stock Exchange, Fintech, Transferwise, Western Union, Wise, Monzo, Wise With Wise


Our racial equity commitments, one year later

One year ago today, we announced commitments to build sustainable equity for Google’s Black community and beyond, and make our products and programs more helpful to Black users. Since then, we've been working to translate our commitments into lasting meaningful change. Today we’re sharing more updates on our progress.We’re announcing a $50 million grant to Historically Black Colleges and Universities to broaden access to opportunities for underrepresented groups in STEM, and an update on the mor...
Tags: Google, Europe, Atlanta, Canada, Dc, Black, National Urban League, HBCU, Google Pixel, NNPA, Diversity and Inclusion, Black Googlers, Historically Black Colleges and Universities, Google News Initiative GNI, Atlanta Chicago New York, Melonie Parker


The new WWW: Helping accelerate the retail recovery

The web has been a lifeline during lockdown. Digital tools have helped us stay connected — families with each other, teachers with students and businesses with customers. There has never been a time when technology could be more helpful to people, communities and countries.Unsurprisingly, as a result of the pandemic, our use of technology has leapt forward five to ten years in as many months — accelerating trends that we were already experiencing in the retail sector and beyond. Trends: the ...
Tags: Google, Europe, Germany, Africa, Spain, Middle East, Shopify, Nicolas, Matt Brittin, France Germany Italy, Google Images, Google Ads, Google in Europe, Nancy France, Google Digital Workshop, Connected Commerce Council


Apple Maintains 5G Market Lead in Q1 2021 Despite Vivo and Samsung Gains

Apple shipped an estimated 40.4 million iPhone 12 devices during the first quarter of 2021, according to new data shared by Strategy Analytics. The figure suggests Apple has maintained its grip on the global 5G smartphone market, despite indicating a 23% dip compared to the fourth quarter of 2020, when Apple shipped 52.2 million units. Apple enjoyed booming sales in the 5G market in the three months following the launch of in first 5G-equipped iPhone models, but since then its rivals have upp...
Tags: Apple, Europe, Samsung, United States, Xiaomi, 5g, Vivo, Oppo, Ming Chi Kuo, mmWave, Iphone 12, iPhone 12 Pro, Ville Petteri Ukonaho, South Korea North America, Strategy Analytics Meanwhile Apple


A Senate proposal for a new US agency to protect Americans’ data is back

Democratic Senator Kirsten Gillibrand has revived a bill that would establish a new U.S. federal agency to shield Americans from the invasive practices of tech companies operating in their own backyard. Last year, Gillibrand (D-NY) introduced the Data Protection Act, a legislative proposal that would create an independent agency designed to address modern concerns around privacy and tech that existing government regulators have proven ill-equipped to handle. “The U.S. needs a new approach to pri...
Tags: TC, Europe, Congress, Senate, US, Tech, Policy, Regulation, United States, House, Ohio, Silicon Valley, Kirsten Gillibrand, Federal Trade Commission, Data Security, Ftc


Accelerating health and wellbeing startups in Europe

COVID-19 has changed life as we know it, and around the world, startup founders are stepping up to solve new and unforeseen challenges with agility, resilience and innovative technology. In particular, the pandemic spurred a high demand for digital health and wellbeing solutions. Germany alone reported a 1,000% increase in telehealth offerings — with more than 20,000 medical doctors and psychotherapists now offering appointments through video-consultations — and Frost & Sullivan forecasts a seve...
Tags: Google, Europe, Small Business, Germany, Israel, Entrepreneurs, Digital Marketing, Frost Sullivan, Kasia, Google in Europe, Google for Startups, Yosh, Google for Startups Accelerator, Michał Kramarz, Martin Pentenrieder, Tina Bychkova Synctuition


Insurtech AI startup Akur8 closes $30M Series B

Automating insurance claims is a big business, and the world of AI is coming at it ‘full pelt’. The latest is Akur8, an insurtech automating insurance platform whose ‘Transparent AI’ product is trying to eat into the incumbent large business of Willis Towers watson, among others. It’s now closed a Series B funding round of $30m led by an undisclosed investor. This brings its total funding to $42m. The round is to support international expansion. Akur8 is used by actuaries and pricing teams to ma...
Tags: TC, Europe, Finance, US, Insurance, Tech, Artificial Intelligence, United States, Financial Services, Axa, Partner, Munich Re, APAC, BlackFin Capital Partners, Willis Towers, Akur8


Co-living startup Habyt closes $24M Series B, merges with Homefully

When WeWork appeared, other entrepreneurs looked at the model and thought that if you could apple co-working to property, then why not apply co-living. Thus, in the US, Common appeared, as did Hmlet in Asia. Imn the EU, Habyt launched, but has already gobbled-up its competitors Quarters, Goliving, and Erasmo’s Room. It’s now closed a series B round of €20M / $24M, and merged with another competitor, Homefully, founded by Sebastian Wuerz in 2016. The round was backed by HV Capital (formerly Holtz...
Tags: TC, Asia, Europe, Housing, France, Berlin, US, Tech, European Union, Ceo, Economy, United States, Italy, Sharing Economy, WeWork, Madrid


The man who got the FBI's fake messaging app off the ground says pulling off one of the biggest police stings in history wasn't the only goal

The FBI partnered with law enforcement around the world to target suspected drug and gun traffickers with a fake messaging app. The FBI Authorities arrested hundreds of suspected criminals after tricking them into using an FBI-controlled chat app. The former prosecutor who oversaw the operation told Insider the sting warned criminals that encrypted technology can't hide their wrongdoing. He wouldn't expand on whether extremist groups that organize over encrypted apps should heed th...
Tags: Europe, Technology, News, Australia, US, Trends, Drug Trafficking, Fbi, Courts, Criminal Justice, Young, Justice Department, Europol, Andrew Young, Barnes Thornburg, Phantom Secure


Apple CEO Tim Cook: Sideloading Apps Would 'Destroy the Security' of the iPhone

Apple CEO Tim Cook this morning participated in a virtual interview at the VivaTech conference, which is described as Europe's biggest startup and tech event. Cook was interviewed by Guillaume Lacroix, CEO and founder of Brut, a media company that creates short-form video content. Much of the discussion centered on privacy, as it often does in interviews that Cook participates in. He reiterated once again how important privacy is to Apple.We've been focused on privacy for over a decade. We see ...
Tags: Apple, Amazon, Europe, Cook, France, Tim Cook, App Store, Steve, Google Apple Facebook, DSA, Guillaume Lacroix


On a growth tear, DuckDuckGo reveals it picked up $100M in secondary investment last year

Privacy tech continues cooking on gas. To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end of last year with $100 million+ in “mainly secondary investment” — from a mix of existing and new investors. Its blog post name-checks Omers Ventures, Thrive, GP Bullhound, Impact America Fund, and also WhatsApp founder Brian Acton; inventor of the world wide web Tim Berners-Lee; VC and diversity activist Freada Kapor Klein; and entrepreneur M...
Tags: Apple, Google, Europe, Tech, Eu, Vpn, Cupertino, Protonmail, Mitch Kapor, Duckduckgo, Proton, Tim Berners Lee, Freada Kapor Klein, Canada Australia, OMERS Ventures, Brian Acton


Hybrid events platform Brella raises $10M Series A led by Connected Capital

Hybrid event platform Brella has raised a $10M Series A funding round led by Connected Capital. Normally used as an offline networking app, Brella pivoted from live events into a virtual event platform after the pandemic hit. The company counts Informa, Marcus Evans, Questex and IQPC as customers Markus Kauppinen, CEO and Founder of Brella said the company is moving towards ‘immersive hybrid events that contain both live and virtual components’ as the world opens up post-COVID. Kauppinen said: “...
Tags: TC, Europe, Time, Articles, Events, Tech, Artificial Intelligence, Brella, Informa Marcus Evans Questex, IQPC, Markus Kauppinen, COVID Kauppinen, Mathijs Robbens Co, Connected Capital


Cannabis and digital health startup Sanity Group closes $44.2M Series A led by Redalpine

Berlin-based cannabis and digital health startup Sanity Group has closed a $44.2 million Series A financing round led by Swiss VC Redalpine along with U.S.-based Navy Capital and SOJE Capital. GMPVC also participated in the round. This appears to be the largest round of cannabis funding in Europe to date and brings total investment in Sanity Group to $73 million. The new capital will be used to expand the Group’s medical division in Europe as well as an EU-GMP-compliant research and production f...
Tags: TC, Europe, France, Germany, Berlin, Tech, European Union, Cannabis, Frankfurt, Czech Republic, United States, United Kingdom, Poland, Group, Scooter Braun, Cherry Ventures


Cannabis and digital health start-up Sanity Group closes $44.2M Series A led by Redalpine

Berlin-based cannabis and digital health start-up Sanity Group has closed a $44.2M Series A financing round led by Swiss VC Redalpine along with US-based Navy Capital and SOJE Capital. GMPVC also participated in the round. This appears to be the largest round of cannabis funding in Europe to date and brings total investment in Sanity Group to $73M. The new capital will be used to expand the Group’s medical division in Europe as well as a EU-GMP-compliant research and production facility near Fra...
Tags: TC, Europe, UK, France, Germany, Berlin, US, Alyssa Milano, Tech, European Union, Ceo, Cannabis, Frankfurt, Czech Republic, United States, United Kingdom


IKEA furniture is still stuck on the Ever Given alongside $550,000 worth of wearable blankets, 2 months after the ship was freed from the Suez Canal

Businesses are still waiting for their products stuck on the Ever Given ship Ahmad Hassan / AFP via Getty Images IKEA and Lenovo are among the companies with products stuck on the Ever Given ship in the Suez Canal, CNN reported. Snuggy, a small UK retailer, said it had $550,000 worth of wearable blankets on the vessel. Egypt has impounded the ship as a $600 million compensation battle draws out. See more stories on Insider's business page. IKEA and Chinese tech manufacturer Lenovo a...
Tags: Asia, Europe, UK, Trends, Cnn, Egypt, Ikea, Lenovo, Griffiths, Suez Canal, SCA, Boskalis, Suez Canal Authority SCA, Jack Griffiths, Great Bitter Lake, Getty Images Ikea


Adtech ‘data breach’ GDPR complaint is headed to court in EU

New York-based IAB Tech Labs, a standards body for the digital advertising industry, is being taken to court in Germany by the Irish Council for Civil Liberties (ICCL) in a piece of privacy litigation that’s targeted at the high speed online ad auction process known as real-time bidding (RTB). While that may sound pretty obscure the case essentially loops in the entire ‘data industrial complex’ of adtech players, large and small, which make money by profiling Internet users and selling access to...
Tags: Google, Amazon, Verizon, Facebook, Twitter, Europe, UK, New York, Privacy, Advertising Tech, Germany, Articles, Tech, Eu, European Union, Ireland


Denmark’s Templafy raises $60M for its B2B SaaS platform that does business document creation

Templafy, a Denmark-born B2B SaaS platform that does business document creation, has raised a $60 million D round of funding led by Blue Cloud Ventures. All previous investors also participated, including Insight Partners, Seed Capital, Dawn Capital and Damgaard Company. Templafy has now raised a total of $125 million. To some extent, Templafy competes with PandaDoc. However, Jesper Theill Eriksen, CEO, told me: “The platform that we’ve built is very enterprise focused, so it is agnostic to use ...
Tags: Google, TC, Europe, Tech, Denmark, Mir, Templafy, Blue Cloud Ventures, Jesper Theill Eriksen, Blue Cloud Ventures All


Trigo bags $10M for computer-vision based checkout tech to rival Amazon’s ‘Just Walk Out’

While Amazon continues to expand its self-service, computer-vision-based grocery checkout technology by bringing it to bigger stores, an AI startup out of Israel that’s built something to rival it has picked up funding and a new strategic investor as a customer. Trigo, which has produced a computer vision system that includes both camera hardware and encrypted, privacy-compliant software to enable “grab and go” shopping — where customers can pick up items that get automatically detected and bill...
Tags: Amazon, Food, Europe, Germany, Funding, Israel, Tech, Tesco, Artificial Intelligence, Cologne, Ai, Grocery, Computer Vision, Juniper Research, PitchBook, Rewe


US Warns EU Against Anti-American Tech Policy

The US has warned the EU against pursuing "protectionist" technology policies that exclusively target American companies, ahead of Joe Biden's first presidential visit to Brussels. From a report: The National Security Council, an arm of the White House, wrote last week to complain about the tone of recent comments about the EU's flagship tech regulation, as debates are about to begin in the European parliament. "We are particularly concerned about recent comments by the European Parliament rappo...
Tags: Europe, Washington, White House, China, US, Tech, Eu, Joe Biden, United States, Brussels, National Security Council, Biden, Donald Trump, Financial Times, European Parliament, EU US


Daily Crunch: In $1.2B deal, EV battery maker Solid Power files to go public

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome back to the Daily Crunch for June 15, 2021. Henry here while your regular scribe is enjoying some hard-earned R&R. We just secured Pittsburgh Mayor Bill Peduto to speak at our City Spotlight: Pittsburgh event. As Brian Heater said today, Pittsburgh currently has one of the world’s most vibrant robotic startup ecosystems, is at the center of much of the worl...
Tags: Google, TC, Facebook, Europe, Senate, Tech, Ford, Bmw, Andreessen Horowitz, Khan, Nasdaq, Carnegie Mellon University, George Eliot, Shopify, Federal Trade Commission, Creandum


10x, a UK fintech, raises $187M to build new services for old banks

As so-called neobanks continue to gain more traction in the market with their more modern takes on banking and other financial services, a startup that’s building technology to help incumbent players better compete is announcing a big round of funding. 10x Future Technologies, a London-based fintech that helps larger, established banks build both next-generation services as well as tools to help their older services work more efficiently, has raised $187 million. We understand from sources close...
Tags: Europe, UK, London, Australia, Finance, Tech, Barclays, North America, Blackrock, Antony Jenkins, Jenkins, Westpac, 10x, Leon Pedersen, CPP Investments, Nationwide 10x


Uberall raises $115M, acquires MomentFeed to scale up its location marketing services

Location-based services may have had their day as a salient category for hot apps or innovative tech leveraging the arrival of smartphones, but that’s largely because they are now part of the unspoken fabric of how we interact with digital services every day: we rely on location specific information when we are on search engines, when we are using maps, or weather apps, or taking and posting photos and more. Still, there remain a lot of gaps in how location information links up with accurate inf...
Tags: Google, Social, TC, Mobile, Ecommerce, Europe, London, Advertising Tech, Berlin, Funding, Tech, M&a, Tripadvisor, North America, Hedges, Los Angeles CA


How to identify unicorn founders when they’re still early-stage

Johan Brenner Contributor Share on Twitter Johan Brenner, general partner at Creandum, early backer of iZettle, Klarna, Trade Republic, Vivino, Neo4J and many more. As an early-stage VC, you spend time with hundreds of fantastic startups, trying to identify potential winners by thinking about market size, business model and competition. Nevertheless, deep down you know that in the long run, it all comes down to the team and th...
Tags: Europe, Tech, Daniel Ek, Creandum, Magnus Nilsson, Emil Eifrem, Trade Republic, Christian Hecker, Johan Brenner, Klarna Trade Republic Vivino Neo4J, Spotify Sebastian Siemiatkowski, Klarna Johannes Schildt, Kry Jacob de Geer



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