Facebook found hosting masses of far right EU disinformation networks

A multi-month hunt for political disinformation spreading on Facebook in Europe suggests there are concerted efforts to use the platform to spread bogus far right propaganda to millions of voters ahead of a key EU vote which kicks off tomorrow. Following the independent investigation, Facebook has taken down a total of 77 pages and 230 […]

TransferWise now valued at $3.5B following a new $292M secondary round

TransferWise, the London-headquartered international money transfer service, is disclosing a new $292 million secondary round that sees investors value the company at $3.5 billion. That’s more than double the valuation TransferWise achieved in late 2017 at the time of its $280 million Series E round. The new secondly funding — with no new cash entering […]

What does ‘regulating Facebook’ mean? Here’s an example

Many officials claim that governments should regulate Facebook and other social platforms, but few describe what it actually means. A few days ago, France released a report that outlines what France — and maybe the European Union — plans to do when it comes to content moderation. It’s an insightful 34-page document with a nuanced […]

Raisin rides into the U.S. with its savings and investment marketplace

Raisin, the pan-European fintech marketplace for savings and investment products, is headed to the U.S., announcing plans to roll out a similar offering across the pond. The German company, which is backed by the likes of PayPal, Index Ventures, Ribbit Capital and Thrive Capital, wants to bring greater competition and easier savings and deposit account […]

HolodeckVR raises €3M from Germany’s ProSiebenSat1 to put VR onto dodgems

Consumer VR might not have taken off in the mainstream but it’s still fun to use, and it’s even more fun to use in groups. There is more of an arcade renaissance for VR going on right now, as well as location-based multi-user VR experiences. That’s the premise behind Munich-based HolodeckVR which is using proprietary […]

Seraphim Space Camp launches its latest mission, with 7 SpaceTech startups

U.K. space accelerator Seraphim Space Camp appeared last year as the first ever UK SpaceTech accelerator and being, frankly, the only accelerator of its type, it has quickly shored-up a number of partnership links and hoovered up many of the startups in the… space. As is traditional with accelerators, it’s unveiled its latest cohort of […]

Ravin.ai raises $4M to use computer vision for vehicle damage inspections

Ravin.ai, an Israel and U.K.-based startup developing AI to autonomously inspect vehicles for damage, has closed a $4 million seed round. The investment is led by Pico Venture Partners, with participation from Shell Ventures and “automotive entrepreneur” Adam Draizin. It marks Shell Ventures’ first Israel investment. Founded in 2018 and based in Haifa and London, […]