• Car rental startup Virtuo picks up €20M Series B

    5 days ago - By Tech Crunch

    Virtuo , the Paris-headquartered car rentals startup, has raised €20 million in Series B funding. The round is backed by Iris Capital, Balderton Capital and Raise Ventures, and will be used to continue expanding across the U.K. and other European countries.
    Originally founded in France and available in 19 French and 2 Belgium locations, Virtuo launched in London last Summer, and says it plans to bring the service to U.K. cities Manchester, Bristol and Edinburgh later this year.
    The company will also expand to Spain and Germany in 2019, creating what Virtuo claims will be a “truly...
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  • Venture capital firm uses AI to seek out start-ups across Europe

    5 days ago - By Reuters

    A London-based venture capital firm that uses artificial intelligence to find promising start-ups across Europe said on Tuesday it had raised 53 million euros for its biggest fund to date.
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  • InReach Ventures, which uses AI to find the next big European startups, closes $60 million fund

    InReach Ventures, which uses AI to find the next big European startups, closes $60 million fund

    5 days ago - By Venture Beat

    FEATURE: A quick scan of the venture capital landscape reveals many funds have a specific raison d'être that helps summarize it in a nutshell: some are focused on one specific region, for example, while others are geared toward a specific kind of technology or stage-specific company. London-based InReach Ventures' big pitch is that...
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