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Europe will go it alone on digital tax reform in 2021 if it must, says EU president, as bloc directs €150BN in COVID-19 relief toward cloud, AI and broadband

Europe will go it alone on digital tax reform in 2021 if it must, says EU president, as bloc directs €150BN in COVID-19 relief toward cloud, AI and broadband

by admin | Sep 16, 2020 | News

Europe will propose its own digital tax early next year if there’s no agreement at a global level on how to update taxation rules for the Internet age, EU president Ursula von der Leyen said today, reiterating the bloc’s determination not to let tax reform slide in a...
Outfunnel picks up €1.1M pre-seed to bridge the gap between marketing and sales

Outfunnel picks up €1.1M pre-seed to bridge the gap between marketing and sales

by admin | Sep 16, 2020 | News

Outfunnel, a startup that has built software to help companies “bridge the gap between marketing and sales functions,” has quietly raised €1.1 million in funding. The pre-seed round was led by Paua Ventures and byFounders, with participation from Lemonade Stand,...
User-generated e-learning site Kahoot acquires Actimo for up to $33M to double down on corporate sector

User-generated e-learning site Kahoot acquires Actimo for up to $33M to double down on corporate sector

by admin | Sep 16, 2020 | News

Norwegian company Kahoot originally made its name with a platform the lets educators and students create and share game-based online learning lessons, in the process building up a huge public catalogue of gamified lessons created by its community. Today the startup —...
Facebook addresses political controversy in India, monetization opportunities, startup investments

Facebook addresses political controversy in India, monetization opportunities, startup investments

by admin | Sep 16, 2020 | News

At the beginning of the previous decade, Facebook had a tiny presence in India. It had just started to slowly expand its team in the country and was inking deals with telecom operators to make access to its service free to users and even offer incentives such as free...
Gravity Sketch scores $3.7M seed for its VR-based product design and collaboration platform

Gravity Sketch scores $3.7M seed for its VR-based product design and collaboration platform

by admin | Sep 16, 2020 | News

Gravity Sketch, the London-based product design and collaboration platform that utilises virtual reality, has raised $3.7 million in funding. The seed round was led by Kindred Capital, with participation from Point Nine Capital and previous investor Forward Partners....
Zwift, maker of a popular indoor training app, just landed a whopping $450 million in funding led by KKR

Zwift, maker of a popular indoor training app, just landed a whopping $450 million in funding led by KKR

by admin | Sep 16, 2020 | News

Zwift, a 350-person, Long Beach, Calif.-based online fitness platform that immerses cyclists and runners in 3D generated worlds, just raised a hefty $450 million in funding led by the investment firm KKR in exchange for a minority stake in its business. Permira and...
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