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Macron announces €5 billion late-stage investment pledge from institutional investors

French president Emmanuel Macron announced in a speech ahead of France Digitale Day that the French government has convinced institutional investors to invest more heavily in late-stage VC funds and asset managers in one way or another. Institutional investors have committed to investing $5.5 billion (€5 billion). “We’ll have €2 Read more…

Ironclad raises $50M Series C round for its digital contracting platform

Ironclad raises $50M Series C round for its digital contracting platform

Ironclad, a startup that makes it easier for legal teams to manage their contracts workflow, today announced that it has raised a $50 million Series C round led by Y Combinator Continuity, with participation from Emergence Captial, as well as existing investors including Access and Sequoia Capital. This round brings Read more…

Data storage company Cloudian launches a new edge analytics subsidiary called Edgematrix

Data storage company Cloudian launches a new edge analytics subsidiary called Edgematrix

Cloudian, a company that enables businesses to store and manage massive amounts of data, announced today the launch of Edgematrix, a new unit focused on edge analytics for large data sets. Edgematrix, a majority-owned subsidiary of Cloudian, will first be available in Japan, where both companies are based. It has Read more…

FairMoney raises $11 million for its challenger bank for emerging markets

FairMoney raises $11 million for its challenger bank for emerging markets

Fintech startup FairMoney is building a challenger bank in Nigeria. The company first started offering microcredit and now plans to expand to current accounts and savings. FairMoney just raised an $11 million Series A round (€10 million) led by Flourish, DST Global partners and existing partners Newfund, Speedinvest and Le Read more…

Holidu raises €40M Series C for its holiday rentals search engine

Holidu raises €40M Series C for its holiday rentals search engine

Holidu, the Munich-headquartered holiday rentals search engine that is now active in 21 country markets, has raised €40 million in Series C funding. The round was led by Prime Ventures, with participation from coparion and MairDuMont Ventures. Existing investors, including EQT Ventures, Venture Stars, Senovo and business angel Chris Hitchen, Read more…

Beekeeper raises $45M Series B to become the ‘Slack for non-desk employees’

Beekeeper raises $45M Series B to become the ‘Slack for non-desk employees’

Beekeeper, the Switzerland and U.S.-based startup that provides a mobile-first communications platform for employers that need to communicate with blue-collar and service-oriented workers, has raised $45 million in Series B funding. The round was co-led by Thayer Ventures and Swisscanto Invest by Zürcher Kantonalbank, with participation from previous backers including Read more…