Category: European

European early-stage VC firm ‘Project A’ on Europe’s startup scene taking the next step
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European early-stage VC firm ‘Project A’ on Europe’s startup scene taking the next step

Project A, the Berlin-based VC, just raised a new $200 million fund (€180 million) to continue backing European startups at Seed and Series A stage. In addition, the firm — whose investments include WorldRemit, Catawiki, Voi and Uberall — announced it will now have a presence in London and Stockholm in order to put people…

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European Central Bank Runs Out of Ammo to Stop Eurozone Recession
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European Central Bank Runs Out of Ammo to Stop Eurozone Recession

The ECB is slashing rates but the recession train may have left the station. | Source: Shutterstock “Whatever it takes.”  That’s the mantra of Mario Draghi and the European Central Bank (ECB) as they slashed interest rates yet further into negative territory on Thursday. The ECB cut the base rate to -0.5% and unleashed another…

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