Trading app startup BUX announced an €11.4 million funding round led by multiple venture capital firms, including Holtzbrinck Ventures and Velocity Capital. This latest round has been used to help BUX acquire ayondo markets Limited, an online broker and the backend provider for the company’s current trading app. Additionally, the funds will help support the launch and first stage of STOCKS, an app that will allow Europeans to invest without commissions starting in July 2019.
The online car damage repair platform Fixico will expand its international presence, insurance partnerships and fleet thanks to €7 million in new funding in a round led by Autotech Ventures. The Dutch tech company provides fleet owners, insurers and consumers with a digital platform for handling car repairs that offers complete control at every step of the process. Currently, Fixico is active in the Netherlands, Belgium, Germany, and South Africa.
Maxwell, a chatbot startup, has procured €400,000 in funding from River Venture Partners and the Netherlands Enterprise Agency. The company has developed a multi-step messenger marketing platform for Shopify-based online stores that includes cart reminder and checkout features as well as customer activation and review. It can be used on Facebook Messenger and Maxwell plans to make it functional on Instagram and WhatsApp later in 2019.
Dutch startup Office App has secured €4.3 million in a funding round led by VC Join Capital, Venture Capital Unit, Pi Labs and SIGNA Innovations. Established in 2015, Office App offers what it calls a “tenant and employee experience platform” for corporates and landlords that can be used for various purposes, including booking meeting rooms and enhancing community engagement. Currently, Office App has clients in 10 European countries and the funding will help it enter the North American marketplace.
Owlin, an AI-based text and news analytics platform that lets users continuously monitor risk in real-time, raised nearly €3.1 million from Velocity Capital FinTech Ventures in a Series A funding round. The company has a growing client base of tier 1 financial organisations around the world and plans to use the money to provide real-time actionable data that can drive the future of risk management while boosting growth.
STOX Energy Socks
Compression socks manufacturer STOX Energy Socks has raised growth capital from Slingshot Ventures , which also acquired a minority share in the company. STOX plans to use the money to expand its product lines, strengthen its team and encourage growth.
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