* This is the first post by James Devonport Wood, MD of accredited Facebook developer PageHub
There is a significant gap in Europe for early stage funding for startups seeking less than £500,000. While new funds and incubators are starting to emerge, the lack of finance available is leaving European tech businesses at a disadvantage to their North American counterparts.
For many startups, bootstrapping a business is the only method of starting a company although this does have its advantages. Bootstrapped startups are more likely to have a more realistic business model and to be profitable early on. Continue reading →
The ‘French LinkedIn’ business social network Viadeo has landed a Series D $32 million funding round split between the French Sovereign Fund, Allianz, Jefferies, Middle Eastern Funds and existing investors.
The new investment will apparently allow Viadeo to accelerate its growth in Europe and China with Tianji its local brand, as well as other key emerging markets. Continue reading →