BP Ventures, BP’s investment arm, leads $20M in private jet charter marketplace Victor

 Victor, which bills itself as the “largest ‘on-demand’ marketplace for private jet charter,” has raised $20 million in new funding, bringing total raised to date to $44.45 million since launching in 2011. BP Ventures, BP’s investment arm, led the round, putting in $10 million, whilst the London headquartered startup says it plans to use the additional capital… Read More

GoCardless, a fintech that makes recurring payments easy for subscription businesses, raises $22.5M

 Well, GoCardless co-founder and CEO Hiroki Takeuchi knows how to work a non-denial denial. When I interviewed him a few weeks ago for an extensive profile piece we ran yesterday, he wouldn’t be drawn on if the hot London fintech was raising a new round. Today, the company is announcing $22.5 million in new funding. Read More

BlaBlaCar expands its BlaBlaLines service to Paris area

 BlaBlaCar is currently trying to reinvent itself. And it starts with BlaBlaLines, a new ride-sharing service for daily commutes. The company first tested out the new service around Reims and Toulouse. It is now live in the Paris area. BlaBlaCar was first all about long-distance ride sharing. If you’re driving from Paris to London, you can list your ride on BlaBlaCar and get connected… Read More

Samsung launches $300M autonomous driving fund, puts $90M into TTTech

 Not to be outpaced in the connected car market by other tech giants, today the world’s largest smartphone maker, Samsung, announced two major pieces of news to take its automotive strategy up a gear. It has launched the Samsung Automotive Innovation Fund, a $300 million fund to back startups and other interesting bets in the automotive market. And as a first investment out of that… Read More

Linxo raises $24 million for its app that brings bank accounts together

 French startup Linxo just raised $24 million (€20 million) from three financial institutions — Crédit Agricole, Crédit Mutuel Arkéa and MAIF. The company is building a sort of Mint for the French market. Banking apps suck in France. Most of them are just a wrapper around a mobile website. It takes them years to adopt new features, such as fingerprint readers, widgets and more. And… Read More

Streamroot raises $3.2 million for its peer-to-peer video delivery technology

 French startup Streamroot just raised $3.2 million from Partech Ventures, Techstars Venture Capital Fund, Verizon Ventures* and R/GA. The company is taking advantage of WebRTC to make video streaming much cheaper. When you’re watching a video on YouTube or Netflix, those companies send a video file to your device from their servers. It’s a straightforward, one-way transaction between… Read More