Europe

French startup Spendesk just raised $9.9 million (€8 million) from Index Ventures with Michael Benabou, Laurent Asscher and Showpad cofounders Louis Jonckheere and Pieterjan Bouten also participating. Spendesk is a service that combines prepaid cards with an expense report solution. After signing up, each employee receives a personal card. Companies can top up their global
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Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant
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Element.AI — which last year raised $102 million from the likes of Microsoft, Intel, Nvidia and more to build an incubator-meets-consultancy to work with multiple businesses as they launch new services and systems based on artificial intelligence — is entering the next phase of its growth this week. The Canadian startup — co-founded by Jean-François Gagné, Nicolas
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ViViDoctor, a healthtech startup out of Brussels that offers teleconsultations with doctors, has raised €400,000 in seed funding as it continues to sell its service into hospitals. The company enables patients to consult with doctors and other specialists online, including via video conference. However, unlike a number of similar startups, ViViDoctor is partnering with hospitals,
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European Union lawmakers proposed a comprehensive update to the bloc’s data protection and privacy rules in 2012. Their aim: To take account of seismic shifts in the handling of information wrought by the rise of the digital economy in the years since the prior regime was penned — all the way back in 1995 when Yahoo was
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Austria’s Supreme Court is referring a legal challenge over the extent of Facebook’s responsibility to remove hate speech postings to Europe’s top court for an opinion (via derStandard.at). The case has clear implications for freedom of speech online. The original lawsuit against Facebook was filed by the former leader of the Austrian Green Party, Eva Glawischnig,
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GV (formerly known as Google Ventures) has lost its one female general partner. London-based Avid Larizadeh Duggan is joining Kobalt​, a New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when any sample or full track is played across various digital platforms.  Larizadeh Duggan, who’d led an investment in
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The UK’s data watchdog has handed mobile phone retailer Carphone Warehouse a £400,000 fine — just shy of the £500k maximum the regulator can currently issue — for security failings attached to a 2015 hack that compromised the personal data of some three million customers and 1,000 employees. Compromised customer data included: Names, addresses, phone numbers, dates of
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