Fraugster, a startup that uses AI to detect payment fraud, raises $5M

fraugster-founders-max-and-chen Fraugster, a German and Israeli startup that has developed Artificial Intelligence (AI) technology to help eliminate payment fraud, has raised $5 million in funding. Earlybird led the round, alongside existing investors Speedinvest, Seedcamp and an unnamed large Swiss family office. The new capital will be used to add to Fraugster’s headcount as it expands internationally. Read More

London’s latest events discovery app Revl exits stealth after raising £2.4 million Seed

_v3a0497 After news broke that YPlan had been acquired by Time Out Group for significantly less than the approximately £31 million that the London startup had raised, you’d be forgiven for thinking there would be little appetite for a new events discovery and booking platform. However, that isn’t stopping Revl, a new events marketplace app for iOS, leaving stealth mode today and… Read More

Michelin backs motorhome and campervan rental marketplace Campanda

campanda_management Berlin startup Campanda, which offers an online booking site for Recreational Vehicles (that’s motorhomes, caravans and campervans, to you and me), has raised €10 million in Series B funding. Leading the round is Michelin Travel Partner, the subsidiary of tyre manufacturer Michelin. Previous backers also participated, including Accel, idinvest, Le Peigné, Ringier Digital Ventures,… Read More

European VC Atomico promotes Carolina Brochado and Teddie Wardi to Partner

teddie-and-carolina Atomico, the European VC fund founded by Skype’s Niklas Zennström, is announcing two promotions today as both Carolina Brochado and Teddie Wardi make the step up from Principal to Partner. Zennström, who spoke at our own TechCrunch Disrupt London in December, remains as bullish as ever regards the startup ecosystem in Europe. Both Brochado and Wardi’s promotions, which have… Read More