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Crunch Network
Europe’s VR landscape continues to grow rapidly despite market slowdown
Last November I covered how Europe’s VR meetup community has more than doubled in its member base of freelancers, startups and companies. The region continues to grow. Read More
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DeepL schools other online translators with clever machine learning
Tech giants Google, Microsoft, and Facebook are all applying the lessons of machine learning to translation, but a small company called DeepL has outdone them all and raised the bar for the field. Its translation tool is just as quick as the outsized competition, but more accurate and nuanced than any we’ve tried. Read More
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Meltwater acquires Algo, an AI-based news and data tracker
Meltwater, a company originally founded in Norway that provides data to more than 25,000 businesses to track where and how they are mentioned in media and other public platforms, has acquired a startup to double down on how it uses machine learning and artificial intelligence to do its job. The company has acquired Algo, a startup that has built a data analytics platform for real-time… Read More
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Jaguar Land Rover is backing DOVU to bring the Blockchain to the mobile future
The Blockchain was created as an open-source, free, decentralized accounting system where transactions are recorded across multiple computers. Its first use was for tracking the first genuine crypto-currency, Bitcoin, but it could be could be adapted to track anything, including, for instance, electrons. So, for instance, if you can automatically record the flow of electricity units… Read More
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BunkerEx is an online marketplace for shipping companies that need to buy fuel
BunkerEx is a newly-funded startup out of London that is building an online marketplace to change the way shipping companies buy fuel, or ‘bunkers,’ to use the correct industry term. Read More
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Bunch wants to be ‘Google Analytics for company culture’
Bunch, a newly-launched startup operating out of Berlin, is aiming to be something akin to a “Google Analytics for company culture”. It offers a SaaS to let companies and company teams quantify internal company culture, and then use this data as the basis to screen job candidates to help ensure that they will also be a good fit. Read More
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Skidos offers an SDK to turn mobile games into ‘learning apps’
Skidos, an edtech startup based in Copenhagen after relocating its HQ from New Delhi, offers an SDK to help games developers turn casual games into “learning apps”. Read More
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Sherpa secures $2.3M to build AI-driven insurance platform tailored to individuals
Price comparison websites for insurance products have been around for many years. However, typically, people buy from these based just on price, with zero customization based on the person. What’s required is a much more tailor-made service, changing the culture from strictly price-only focused to the “best cover for you.” That’s the pitch of U.K. startup Sherpa. Read More
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We don’t want a Balkanized Internet, says brexiting UK
The UK government has warned of the risks of the Internet being ‘Balkanzied’ by the application of different rules in different geographies, suggesting that data localization efforts could throttle competition and innovation and weaken security. Read More
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Flytrex launches an autonomous on-demand drone delivery service in Iceland’s capital
Flytrex wants to prove that drones are a realistic option for on-demand logistics with a new delivery program that took off in Iceland’s capital today. While other companies, including Amazon, have tested drone deliveries, Flytrex says this is the first time a fully operational on-demand drone delivery service has launched in an urban area. Drones will take orders from online… Read More
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Lilium, a German company building an electric ‘air taxi,’ makes key hires from Gett, Airbus and Tesla
Lilium is almost as ambitious as European startups come. The Munich-based company is developing an all-electric vertical take-off and landing (VTOL) jet, which it hopes will one day power an on-demand “air taxi” service, arguably making flying cars a reality. Read More
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Google Maps suggests BlaBlaCar for long-distance rides
Google Maps on Android and iOS now has a new transportation option. If you live in a country where French startup BlaBlaCar operates, you can now open the BlaBlaCar app and book a ride straight from Google Maps. Google isn’t adding a new tab just for BlaBlaCar. Instead, BlaBlaCar appears as a new option in the public transportation tab. Read More
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Berlin-based Home is an app to help landlords manage properties and improve the rental experience
Home, a Berlin-based startup that offers an app to help landlords manage their properties, has raised €3 million in seed funding. EQT Ventures led the round, along with the company’s existing investor, Redalpine. Read More
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UK’s Prodigy Finance raises $240M to crowdfund students from emerging markets
UK fintech startup Prodigy Finance has raised a whopping $240 million funding round, certainly one of the largest by a UK company this year. The company provides loans to international students from emerging markets, enabling them to study at business schools in the US, the UK and Europe. The fundraise includes a $40 million Series C equity round led by London’s Index Ventures, with… Read More
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Acasa is building a platform for ‘Generation Rent’ to manage their homes
London-based startup Acasa has come a long way since late 2015. The company, then called Splittable, offered a way to manage and share household expenses with multiple house members. However, the bigger vision was to build a platform for ‘Generation Rent’ that makes moving from one houseshare to another as easy as logging in and out of the Acasa app. Read More
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Online hate crime to be treated the same as face-to-face crime in the UK
Sometimes the most obvious solutions might be the best. While the U.S. wrings its hands over what to do with online haters and abusers on social media, other countries have a more direct approach: throw the book at them. That’s effectively the U.K.’s new approach, which will now treat online “hate crime” as seriously as offences carried out in real life. Read More
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