Trip Vision raises $7M for its AI-based motorcycle safety system

Trip Vision raises $7M for its AI-based motorcycle safety system

Ride Vision, an Israeli startup that is developing an AI-driven safety system to avoid motorcycle crashes, today announced that it has raised a $7 million Series A round led by crowdsourcing platform OurCrowd. YL Ventures, which typically concentrates on cybersecurity start-ups however also led the company’s $2.5 million seed round in 2018, Mobilion VC and […] “As motorbike enthusiasts, we at Trip Vision are excited at the prospect of our global launch and our partnership with Continental,” Uri Lavi, CEO and co-founder of Trip Vision, stated in today’s announcement. Using computer system vision, Trip Vision’s system, the Ride Vision 1, analyzes the traffic around a rider in genuine time. The hardware on the motorbike itself is quite simple. …

Nutrium app, which links dietitians and clients, raises $4.9 M led by Indico Capital

Nutrium app, which links dietitians and clients, raises $4.9 M led by Indico Capital

Nutrium, a digital health start-up which links dietitians and their patients via an app, has raised a EUR4.25 million seed round led by Indico Capital Partners, along with the Social Development Fund in Portugal (SIF) and previous investors. It now uses professional nutrition software application to 80,000 nutrition specialists and 800,000 clients in more than 40 nations. […] Stephan Morais, managing general partner at Indico stated: “Nutrium will end up being a full-fledged platform bringing together nutritionists, clients, items and wellness data that will allow healthier and better lives. Rui Ferreira, vice president at Portugal Ventures, stated: “In 2017, when Portugal Ventures invested in Nutrium’s pre-seed round, the business was mainly present in two markets. …

Crypto exchange Bitpanda closes $52M Series A from Valar Ventures, backed by Peter Thiel

Crypto exchange Bitpanda closes $52M Series A from Valar Ventures, backed by Peter Thiel

Bitpanda, a crypto properties platform, has closed a$ 52 million Series A financing round from Valar Ventures, an equity capital firm backed by Peter Thiel. Vienna-based VC Speedinvest likewise participated, together with other unnamed investors. Declaring 1.3 million users, Bitpanda has formerly been trading digital assets and tokenizing precious metals. The Vienna-based business will use the cash to […]
Claiming 1.3 million users, Bitpanda has actually previously been trading digital assets and tokenizing precious metals. Basically, Bitpanda is a crypto exchange which can support other kinds of properties in a tokenized form. Bitpanda is a central exchange with its own infrastructure, and is not running on a public blockchain. Declaring 1.3 million users, Bitpanda has actually formerly been trading digital properties and tokenizing precious metals….

12 Paris-based VCs look at the state of their city

12 Paris-based VCs look at the state of their city

4 years after the Great Economic downturn, France’s recently elected socialist president François Hollande raised taxes and increased guidelines on founder-led start-ups.
The subsequent flight of business owners to locations like London and Silicon Valley represented France as a difficult location to launch a company.By 2016, France’s national statistics bureau estimated that about 3 million native-born […]
It’s good– that implies that our startups are moving to the next level. Do you expect to see a rise in more founders coming from geographies outside major cities in the years to come, with start-up hubs losing individuals due to the pandemic and remaining concerns, plus the destination of remote work?For sure start-ups will more and more press for remote organizations. What are the chances startups may be able to tap into throughout these unprecedented times?Travel and hospitality sectors are of course hugely affected. What is your advice to start-ups in your portfolio right now?Cash is king more than ever previously. Start-ups must focus just on what is mission-critical for their customers….

Omio takes $100M to shuttle through the coronavirus crisis

Omio takes $100M to shuttle through the coronavirus crisis

Multimodal travel platform Omio (formerly GoEuro) has raised $100M in late stage funding to help see its business through the coronavirus crisis. It also says it’s eyeing potential M&A opportunities within the hard-hit sector. New and existing investors in the Berlin -based startup participated in the late stage convertible note, although omio isn’t disclosing any […] …

Plum raises $10M for its ‘smart’ money management app

Plum raises $10M for its ‘smart’ money management app

Plum, the London and Athens-based fintech that uses a”wise”finance app to assist you enhance your”monetary durability,” has raised an even more $10 million in funding as it prepares for European growth. The brand-new round is led by Japan’s Global Brain and the European Bank for Restoration and Development, which has actually taken part […]
Like comparable apps, Plum’s”artificial intelligence”also deems what you can pay for to conserve by evaluating your bank deals. Another associated function is”Splitter,”which, as the name suggests, lets you split your automatic savings in between Plum cost savings pots and financial investments, selecting the percentage amounts to go into each pot, from 0-100 %. In a call with Trokoudes, he talked me through a couple of recent Plum updates that he says bring it much better to satisfying its financial control centre mission and being a prospect to replace your individual banking apps. Crucially, you can now link all of your accounts to Plum, whereas previously Plum just let you access a single linked bank account. More immediately, Plum is releasing interest for savers who utilize Plum to set cash aside but do not want to invest any or all of it….

France fine-tunes its plan to support start-ups

France fine-tunes its plan to support start-ups

A couple of days earlier, the French government comprehensive different procedures as part of its assistance prepare for start-ups. France already announced a $4.3 billion (EUR4 billion) strategy back in March. The brand-new announcements are more about refining and including some additional procedures. The French federal government wished to act rapidly when it made its preliminary announcement […] Start-ups can get a government-backed loan that are specifically tailored to the weird service model of startups: even if you do not create earnings, you can get some liquidity assistance as long as you match the requirements. The idea here is to support French startups so that they don’t get obtained by huge foreign business too rapidly or they do not fall behind when it comes to international competition. Start-ups that do not fit the costs and can’t get a government-backed loan can now get a loan from Bpifrance straight. The new investment fund focused on assisting start-ups that could get acquired by foreign companies is a fascinating relocation. …

How one European VC firm is reacting to the recession

How one European VC firm is reacting to the recession

Public markets around the world have been tanking for the previous couple of weeks, and lots of companies simply can’t run throughout a lockdown. Sheltering in place has actually had some horrible financial effects, with a record number of Americans getting laid off, consisting of many startup staff members. What is happening in Europe? You might also be questioning […] What is taking place in Europe? They focus on seed and Series A financial investments and invest in dozens of start-ups each year. …

France is formally working on ‘Stop Covid’ contact-tracing app

France’s health minister Olivier Véran and digital minister Cédric O have officially announced that the French federal government is dealing with a smartphone app to slow the spread of COVID-19. The federal government is putting a stamp of approval on the Pan-European
Privacy-Preserving Distance Tracing(PEPP-PT)job however stays careful about what to expect from an app. […]
That’s most likely why the federal government is preventively trying to assure individuals before launching the Stop Covid app. People in favor of contact-tracing apps say that it would help break infection chains if you combine those apps with proactive tests and self-isolations. Even then, the French government might not even launch the app. …