[TL;DR] Tech news that you shouldn’t miss this 23/10
Every evening, the best of Tech news is in the TL; DR of FrenchWeb.
TL; DR (invariable acronym) (21st century): initials of “too long; didn’t read“,
either literally “too long ; not read“
1. (Internet) To express that the message that was sent was not read because it was too long.
2. (Internet) To express that the following is a summary of the text too long.
Take Eat Easy alumni raise 10 million euros for Cowboy, their new start-up. The young Brussels start-up plans to roll out its electric bike in Germany, the United Kingdom, the Netherlands and France.
Why this is important: We left the founders of Take Eat Easy in the summer of 2016 after the closure of their meal delivery service, for lack of sufficient income to cover the costs related to their activity. After having learned the lessons of this entrepreneurial adventure, which had been marked by two rounds of table to raise 16 million euros, the founders of the Belgian start-up quickly bounced back. In October 2016, Adrien Roose and Karim Slaoui decided to embark on a new joint project with the support of Tanguy Goretti, co-founder of Djump, a former rival of Uber. After two months of running in, the three partners embarked on the adventure for good in January 2017 by creating Cowboy, a start-up which offers a connected electric bicycle. Tenth candle for bitcoin, the vanguard of cryptocurrencies. From its first mention in 2008, bitcoin carries a political vision.
Why this is important: If the initial idea was to make bitcoin a medium of exchange, the majority of observers recognize that it is mainly used as a store of value or an instrument of speculation, due to its volatility. “It takes 20 years for such network technology to take its place completely.“, Explains Pierre Noizat, who founded the first French bitcoin exchange platform in 2011. He is banking on the advent of” lightning “to increase the speed of transactions, while the network is only capable today. process five to ten transactions per second (against several thousand for the Visa card operator). In recent months, the cryptosphere has also been shaken by the possible creation of a bitcoin-backed index fund, which would boost investment.
German GoEuro raises $ 150 million for its travel booking platform. The Berlin platform claims 27 million monthly users.
Why this is important: GoEuro is today a multimodal transport reservation platform in Europe. Rather than focusing on a single means of transport, the Berlin-based start-up decided to offer ticket reservations for buses, trains and planes, so as to make it easier for tourists to connect their trips. air and land. In this context, the company works with 800 transport providers (BlaBlaCar, SNCF, Eurostar, FlixBus, EasyJet, etc.) and even offers direct sales on its platform for 80% of them. GoEuro currently offers land and air travel options in 36 countries across Europe.
Funding of food start-ups: Europe still lagging behind. While the share of the European agrifood industry stands at 25% of the world market, the countries of the European Union only attracted 16% of global investments in FoodTech between 2014 and 2017.
Why this is important: Between 2014 and the first half of 2018, Europe generated 433 fundraising events exceeding 500,000 euros, including 176 in France. But over the same period, French companies have obtained fundraising above 20 million euros on only three occasions, against eight for the United Kingdom and 14 for Germany. One of the explanations lies in the presence in Germany and the United Kingdom of three champions of the online food trade, the start-ups Delivery Hero, Hello Fresh and Deliveroo.
WiredScore Raises $ 9 Million to Ensure Optimal Internet Connection in Workspaces. The company claims the connectivity rating of 1,700 buildings in North America and Europe.
Why this is important: Launched in 2013 by Ariel Barendrecht, in partnership with the City of New York and its then mayor, Michael Bloomberg, WiredScore created the global “Wired Certification” label, which assesses the connectivity of office buildings. This certification thus aims to carry out an inventory and identify the connectivity potential of existing buildings. From this field analysis, WiredScore’s goal is to make connectivity a priority in the design of new office buildings. This round of funding should allow the company, present in 150 cities around the world, to continue its international expansion. The company also plans to expand into new product and service sectors as it grows in France and the rest of the world.
The Cnil gives notice to the start-up of advertising targeting Singlespot. The CNIL accuses Singlespot of having exploited the geolocation data of smartphone users without their consent.
Why this is important: Like two other companies pinned in July, Singlespot is integrating tools into the code of partner companies’ apps to collect user data, even when they’re not using the apps in question. These data (socio-professional situation, frequented neighborhoods, privileged stores, healthcare facilities, etc.) allow brands to target potential customers near their establishments and attract them with offers calibrated accordingly. An economic model which is framed by the law “Informatique et Libertés”, as well as the European regulation on data protection (RGPD): the user of the applications must be informed, before the activation of these tools, of the collection of its data.