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Normative closes a $2.1M seed to help companies automate carbon reporting

Normative closes a $2.1M seed to help companies automate carbon reporting

Normative, a startup that lets companies automate their carbon reporting — and in turn help them decrease their environmental footprint — has picked up $2.1 million in seed funding. Backing the Stockholm-based company is ByFounders, with participation from Soundcloud co-founder Eric Wahlforss, Luminar Ventures, and Wave Ventures. The modest injection of capital

Huboo raises £1M to take the pain out of e-commerce fulfilment

Huboo raises £1M to take the pain out of e-commerce fulfilment

Huboo, a U.K. startup that operates a multi-channel fulfilment service for e-commerce businesses of varying sizes, has raised £1 million in seed funding. Backing the majority of the round is London venture capital firm Episode 1, alongside a number of unnamed private individual investors. Launched in November 2017 by Martin Bysh

Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug

Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug

Monzo, the fast-growing challenger U.K. challenger bank that recently soft-launched in the U.S., is disclosing a potential, albeit relatively limited, security oversight that saw customer PINs stored incorrectly within the company’s internal systems. Discovered on Friday, the “bug” has now been squashed after being spotted by one of Monzo’s security

Monzo, the UK challenger bank, raises £113M Series F led by YC’s Continuity fund at a £2B post-money valuation

Monzo, the UK challenger bank, raises £113M Series F led by YC’s Continuity fund at a £2B post-money valuation

Monzo, the fast-growing U.K.-based challenger bank with more than two million account holders, has raised £113 million (~$144m) in additional funding. Confirming TechCrunch’s scoop in April, the Series F round is led by Y Combinator’s “Continuity” growth fund, and gives the company a new £2 billion (~$2.5b) post-money valuation. That’s double

Emma, the London-based money management app, launches in the US and Canada

Emma, the London-based money management app, launches in the US and Canada

Emma, the U.K. money management app (now calling itself your “best financial friend”), has launched in the United States and Canada — and is now one of a plethora of London fintechs venturing states-side. Competing banking app Cleo entered the U.S. nine months ago, and challenger bank Monzo is thought to

Revolut hire Freetrade co-founder and former CTO as Head of Wealth & Trading Product

Revolut hire Freetrade co-founder and former CTO as Head of Wealth & Trading Product

The London fintech industry is pretty close-knit, fall of strong personalities, and at times fiercely competitive. Within this context it is quite common for employees — and sometimes even founders — to swap sides. The latest such move sees André Mohamed, previously CTO and a co-founder of Freetrade, join rival

Verve, the word-of-mouth selling platform, acquires Campus Vacations for $7M

Verve, the word-of-mouth selling platform, acquires Campus Vacations for $7M

Verve, the word-of-mouth selling platform, has acquired Campus Vacations, a provider of “unforgettable” travel experiences to students across North America. The thinking behind the acquisition is to increase Verve’s market share and competitive positioning in the North America and Canada markets. Specifically, Verse says it will provide the company with an

VOI Technology, the e-scooter startup from Sweden, raises $50M led by Balderton Capital

VOI Technology, the e-scooter startup from Sweden, raises $50M led by Balderton Capital

VOI Technology, an e-scooter startup headquartered in Sweden but with pan-European ambitions, has raised $50 million in Series A funding, confirming our earlier scoop. As I previously reported, London-based venture capital firm Balderton Capital has led the round, alongside LocalGlobe, Raine Ventures, and previous VOI backer Vostok New Ventures. A number

Pirate Studios raises $20M from Talis Capital for its ‘self-service’ tech-enabled music studios

Pirate Studios raises $20M from Talis Capital for its ‘self-service’ tech-enabled music studios

Pirate Studios, the music technology company that operates fully automated and self-service 24 hour music studios, has secured $20 million. The investment was led by Talis Capital, the London-based VC family office. Talis was already an existing backer of Pirate Studios, with Talis’ Matus Maar also named as a co-founder of

Nested, the online estate agent that makes home sellers ‘chain-free’, raises further £120M

Nested, the online estate agent that makes home sellers ‘chain-free’, raises further £120M

Nested, the London-based “data-driven” estate agency that provides a cash advance to help you buy a new home before you’ve sold your old one, has raised a further £120 million in funding. The new round is a mixture of equity and debt: £20 million and £100 million, respectively. Leading the

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