Balderton Capital leads $25M Series A in ‘urban farming’ platform Infarm

Infarm, a startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, has raised $25 million in Series A funding. The round is led by London-based VC firm Balderton Capital, with participation from TriplePoint Capital, Mons Investments, and previous investors

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Serious predictions about 2018 in tech

Coming up in 2018: Elon Musk sets off a supervolcano; Twitter ups the character limit to 20,000 and physical cash becomes the hottest new cryptocurrency Getty/CryptoKitties/composite Things in the technology world move rather quickly. Last year we saw Uber wrestle with self-implosion while North Korea tested off its hacking skills on an unsuspecting world. At Apple, Tim Cook

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This week in Germany: Snapchat, Jodel, Propertybase

What happened in the world of German startups this week? FinTech startup Fincompare pulls in €2.5 million The Berlin FinTech startup Fincompare (German) raised €2.5 million (€2.8 million) in a seed round with help from Speedinvest, an Austrian venture capital firm and Uniqa, a Austrian insurance company. Several Berlin-based business angels, like André Bajorat, also invested

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This Week in Germany: Investments kept rolling in

Christine G. Coester – 10. March 2017 Which German startups received investment this week and which closed up shop? Shell Technology invests in Tiramizoo The Munich-based same day delivery service Tiramizoo announced a new investment round. The round was led by Shell Technology Ventures with participation from existing backers Daimler, DPD, Bayrische Beteiligungsgeschsellschaft and Bayern Kapital. Tiramizoo’s co-founder

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Could Frankfurt become the new Berlin for startups?

Could Frankfurt become the new Berlin for startups? – The Local Photo: DPA / obs / CARGLASS GmbH DPA/The Local 2 January 2017 As Berlin sets its sights on becoming Europe’s biggest startup hub, there’s another German contender in the running, hoping to catch up through the finance technology scene. In Frankfurt’s towering Pollux highrise,

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Why ambitious fintech startups should be looking to Scotland

Political and economic disruption is turning Edinburgh into a global fintech capital, making it the perfect time for ambitious startups to move their operations to Scotland. The global financial industry is undergoing a transformation. From blockchain technology and smart contracts to mobile payments and robo advisors, innovation is rapidly redefining our relationship with money. At

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Rocket Internet narrows losses but growth stalls

Rocket Internet narrows losses but growth stalls | Reuters German e-commerce investor Rocket Internet (RKET.DE) reined in losses at its main start-ups in the third quarter but revenue growth slowed at meal box delivery business HelloFresh and online furniture site Home24. The company published updated valuations for its major holdings, totaling 3.7 billion euros ($3.9

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Rocket Internet Leaves Us Groping in the Dark

Rocket Internet Leaves Us Groping in the Dark – Bloomberg Gadfly Leila Abboud is a Bloomberg Gadfly columnist covering technology. She previously worked for Reuters and the Wall Street Journal. Writing about Rocket Internet sometimes feels like assembling a puzzle in the dark. Investors deciding whether to back the German start-up incubator will wish they could find

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