
Chefclub raises $17 million to expand its food media brand beyond social networks
French startup Chefclub announced earlier this week that it has raised a $17 million funding round led by First Bridge Ventures. SEB Alliance, the venture arm of kitchen appliance maker…

Facebook to pay $125 million in back taxes in France
Facebook France is going to pay $125 million (€106 million) in back taxes. Business magazine Capital first reported the agreement. French tax authorities raided Facebook’s offices in Paris in 2012…

Yubo raises $12.3 million for its social app for teens
French startup Yubo has raised a $12.3 million funding round led by Iris Capital and Idinvest Partners. Existing investors Alven, Sweet Capital and Village Global are also participating. The startup…