European Accelerator Report 2014: €39m invested in 1,588 startups

European Accelerator Report 2014: €39m invested in 1,588 startups

According to a study released by Fundacity, the total amount of investment in European accelerator-based start-ups during 2014 stands at €39,578,636 in 1588 startups by 76 accelerators. The UK tops the investment ranks, followed by Spain and Germany.

Over the last ten years, startup accelerators have continued to spread all around Europe. This model was originally born in 2005 with the launch of YCombinator, followed by Techstars in 2006. Seedcamp was the first accelerator founded in Europe, in 2007, and many others were created in the following years.Read more »

#Charity allows IT professionals to donate their time to nonprofits

#Charity allows IT professionals to donate their time to nonprofits

Set to launch this March, Hashtag Charity (#charity) is a platform that connects techies with nonprofit organisations to collaborate on projects. It allows IT professionals to volunteer their time and tech skills to help nonprofits reduce their IT costs.

While it’s always nice to see tech companies make good on their Corporate Social Responsibility promises with donations and initiatives, a new program from Budapest will soon let individuals from the industry pitch in, by volunteering their skills to help NGOs.Read more »

Enbrite.ly wins at the Slush conference, receives €500k investment

Enbrite.ly wins at the Slush conference, receives €500k investment

Hungarian startup Enbrite.ly won the pitching competition at the Slush conference in Helsinki, winning €500,000 investment and €10,000 services. Enbrite.ly impressed the jury with their convincing pitch, functioning business model and awareness of the market.

Enbrite.ly, a six-month-old startup from Hungary that rocked the stage at the Slush 100 pitching competition in front of a captivated full house at the Silver Stage, winning €500,000 in investment. Enbrite.ly impressed the jury with their convincing pitch, functioning business model and awareness of the market.Read more »

Hungarian startup Prezi raises $57 million, eyes acquisitions

Hungarian startup Prezi raises $57 million, eyes acquisitions

Hungarian startup Prezi has raised $57 million in financing from private equity firm Spectrum Equity and existing investor Accel Partners to speed up growth, possibly through acquisitions. Prezi also announced that it has passed the 50 million users mark.

Hungarian startup Prezi, which makes online tools for creating presentations announced on stage at Slush in Helsinki, that it has raised $57 million in financing from private equity firm Spectrum Equity and existing investor Accel Partners to speed up growth, possibly through acquisitions.Read more »

Secure cloud storage startup Tresorit raised $3m Series-A funding

Secure cloud storage startup Tresorit raised $3m Series-A funding

Secure cloud storage startup Tresorit successfully closed a $3 million Series-A funding round led by previous investor Euroventures, that brings the total capital raised to $4.7 million. Tresorit plans to expand its service in the U.S. and Europe.

Hungarian secure cloud storage startup Tresorit successfully closed a $3 million Series-A funding round to help further develop its “patent-pending” cryptographic encryption technology and market the service in the U.S. and Europe. The investment round was led by previous backer Euroventures. Several entrepreneurs also participated in the funding round, which brings the total capital raised by the company to $4.7m.Read more »


 
 
CC BY NC SA