Steve O'Hear, TechCrunch

Steve O'Hear

TechCrunch

United Kingdom

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Recent articles by Steve:

Monzo CEO won’t take salary for 12 months after limited number of staff offered voluntary furlough –

Monzo, the U.K. challenger bank with over 4 million account holders, is taking a number of precautionary steps to help see it through the current coronavirus downturn, including voluntary furloughs and its CEO forgoing a salary, TechCrunch understands. In an internal company-wide memo issued by co-founder and CEO Tom Blomfield, he tells the bank’s over […] → Read More

Air Doctor scores $7.6M to connect travellers with local doctors –

Air Doctor, the health tech startup that connects travellers with local doctors, has raised $7.8 million in Series A funding. The round is led by Kamet Ventures (the AXA-backed venture builder), and The Phoenix Insurance Company. Founded in 2016, Air Doctor aims to empower travellers who get sick when abroad and need non-emergency advice or […] → Read More

Meet the European startups that pitched at EF’s 13th (and first virtual) Demo Day –

Entrepreneur First (EF), the the London-headquartered company builder and “talent first” investor, unveiled its latest cohort of “deep tech” companies in a first “virtual” Demo Day, amid the novel coronavirus pandemic. Presenting startups, in the format of a slick pre-recorded video, are made up of teams formed across EF’s three European locations: London, Berlin and […] → Read More

Meri Williams steps down as CTO of UK challenger bank Monzo –

Monzo, the U.K. challenger bank that now counts over 4 million account holders, has lost its CTO, TechCrunch has learned. According to multiple sources, Meri Williams, who joined the fast-growing fintech in September 2018 to much fanfare, announced internally that she was departing, saying that she wanted to voluntarily help with cost-cutting measures. However, it […] → Read More

Battery analytics software startup Twaice raises €11M Series A led by Creandum –

Twaice, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has raised €11 million in Series A funding. Leading the round is European early-stage venture capital firm Creandum, with participation from existing investors Cherry Ventures, UVC Partners and Speedinvest, which backed the company’s earlier seed […] → Read More

ePlane, the B2B sourcing and BI platform for aerospace parts and repair, raises $9M –

ePlane, described as a B2B sourcing and business intelligence platform for the aerospace parts and repair market, has raised $9 million in funding. The round is led by Japanese trading and investing company Marubeni Corporation, along with a number of previous investors. Founded in 2016 and launched fully in 2018, ePlane has built to let […] → Read More

Enable raises $13M to help distributors, manufacturers and retailers manage rebates –

Enable, a U.K. startup that has developed a cloud-based “rebate management solution” to help distributors, manufacturers and retailers manage rebates, is announcing $13 million in Series A funding. The round is led by Menlo Ventures, with participation from Sierra Ventures. As part of the investment, Menlo Ventures’ Steve Sloane has joined the Enable board. Founded […] → Read More

Enable raises $13M to help distributors, manufacturers and retailers manage rebates –

Enable, a U.K. startup that has developed a cloud-based “rebate management solution” to help distributors, manufacturers and retailers manage rebates, is announcing $13 million in Series A funding. The round is led by Menlo Ventures, with participation from Sierra Ventures. As part of the investment, Menlo Ventures’ Steve Sloane has joined the Enable board. Founded […] → Read More

Global Savings Group acquires French cashback company iGraal for €123.5M –

Germany’s Global Savings Group (GSG), the e-commerce content company, has acquired French cashback company iGraal for €123.5 million in a mixture of cash and stock. Specifically, the deal was reached with iGraal’s majority owner M6 Group, and consists of €35 million in cash and the remaining made up of an exchange of shares. The acquisition […] → Read More

Voi, the European e-scooter rentals startup, ‘pauses’ operations in several countries –

Following similar moves by Lime, Bird, Tier and others, Voi Technology, the European e-scooter rentals and so-called micro-mobility startup, says it has “paused” operations in several countries due to the Coronvirus pandemic. This sees the company suspend operations in all but nine key cities. In a short statement issued to media on Friday, Voi said […] → Read More

Claimer raises seed backing to make it easier for UK startups to claim R&D tax credits –

Claimer, a London-based startup that makes it easy for companies to claim R&D tax credits in the U.K., has raised £300,000 in seed funding. Backing the already revenue-generating company is Ben Holmes (who was previously at Index Ventures), Nick Telson and Andrew Webster (the founders of DesignMyNight, which recently exited), Rupert Loman (founder of Gamer […] → Read More

Business banking fintech Penta raises another €18.5M –

Penta, the Berlin-based business banking challenger that also now operates in Italy, has raised €18.5 million, described as the first closing of a new funding round. Leading the round is new investor RTP Global and existing investor HV Holtzbrinck Ventures. Also participating is ABN AMRO Ventures and Berliner Volksbank Ventures, and Finleap (the fintech company builder that […] → Read More

GiveVision partners with Sony to develop and manufacture wearables for people with visual impairments –

GiveVision, the U.K. startup creating wearable technology to help “restore” sight to people with visual impairments, is partnering with Sony (via the Sony UK Technology Centre) to develop and manufacture its next generation device. Specifically, GiveVision says it will be working with Sony UK Tec to help bring to market a new, lightweight version of […] → Read More

Monzo launches free and paid-for business bank accounts –

Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which is aimed at sold traders […] → Read More

TransferWise partners with Alipay for international money transfers –

TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China’s Aliplay for international transfers. The launch enables TransferWise’s now 7 million-plus users to be able to send Chinese yuan from 17 currencies to users of Alipay, which serves more than 1.2 billion people worldwide including via […] → Read More

Huboo picks up investment from Maersk Growth, the venture arm of container logistics giant A.P. Moller – Maersk –

Huboo, the U.K. startup that operates a multi-channel fulfilment service for e-commerce businesses of varying sizes, has picked up an undisclosed amount of investment from Maersk Growth, the venture arm of Danish container logistics giant A.P. Moller – Maersk. The funding is described as a bridge round designed to see Huboo through to a future […] → Read More

Speedinvest’s new €190 million seed-stage fund is ‘investing on conviction’ –

"At this earliest stage, we’re investing on conviction, which is built by our sector-focused teams and our long-standing industry expertise." → Read More

Unitary, an EF alumnus, raises £1.3M seed for its content moderation AI –

Unitary, a startup that’s developing AI to automate content moderation for “harmful content” so that humans don’t have to, has picked up £1.35 million in funding. The company is still in development mode but launched a trial of its technology in September. Led by Rocket Internet’s GFC, the seed round also includes backing from Jane […] → Read More

MessageBird launches Inbox.ai to ‘disrupt’ the customer service market –

MessageBird, the Amsterdam-headquartered cloud communications platform backed by Accel in the U.S. and Europe’s Atomico, is unveiling another new product today, this time taking aim at the $350 billion customer service market. Dubbed Inbox.ai and positioned as “Slack for external communications,” the new product — which is to be offered largely for free — enables […] → Read More

Greece’s Convert Group raises €1.2M to bring e-commerce visibility to FMCG –

Convert Group, a startup based in Athens that offers a SaaS to help FMCG (fast-moving consumer goods) brands understand how they are performing across e-commerce, has raised €1.2 million in seed funding. The investment comes from Uni.fund, which is backed by the EquiFund investment platform (an initiative created by cooperation between the Hellenic Republic and […] → Read More