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☆ French verification startup Ondorse just raised $4 million in a seed round led by Deezer investor Eurazeo with this 12-slide pitch deck
▼ + stars: | 2023-09-27 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

French verification startup Ondorse has raised $4 million in seed funding from Deezer and Onfido investor Eurazeo. The Paris-based company, founded in 2022, has built an array of tools to help businesses manage their know-your-customer (KYC) workflows. Ondorse effectively leverages the proficiencies of businesses in the compliance space to provide a clearer and quicker view of its processes. Ondorse has raised $4 million in seed funding just nine months after its $2.5 million pre-seed round which was also led by French fund Eurazeo with participation from tech fund ISAI. "We feel we have the right expertise to build this product given the changing regulatory landscape," Boelle said.

Persons: Eurazeo, Ondorse, Alan, I've, Aymeric Boelle, Boelle Locations: Deezer, Paris, Europe, France

Sept 20 (Reuters) - Consumer goods firms like Nestle (NESN.S), Lindt (LISN.S) and Unilever (ULVR.L) may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say. France is a crucial country for consumer goods companies, having long outstripped Germany, Italy, Spain and others as the European Union's biggest market for groceries by supermarket revenues, according to research firm IBISWorld. That means consumer groups will face pressure to rein back prices across the European Union. Because these supermarkets are in different countries and do not compete with one another, they often combine forces to negotiate with consumer goods makers. Consumer goods makers have for more than two years grappled with sky-rocketing input, supply chain and labour costs that they have either absorbed - taking a hit to margins - or passed on to retailers.

Persons: It's, Laurent Thoumine, Thoumine, Ferrero's, Pernod Ricard's Ricard, Systeme, Germany's, Switzerland's, Italy's, Philippe Michaud, Leclerc, Bruno Le Maire, Le Maire, Richard Saldanha, Lindt, Saldanha, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Consumer, Nestle, Unilever, Carrefour, PepsiCo, European, Reuters, European Union, Epic Partners, French Finance, Aviva Investors, Paris, Thomson Locations: Europe, France, Germany, Italy, Spain, Eurelec

France's own hefty nuclear power sector - which generates over 60% of the country's electricity - is clearly a key beneficiary of the allowances made by lawmakers as part of the deal which aggressively lifts EU renewable energy usage targets. But all of Europe's nuclear power producers may get a lift from the new deal, which allows for certain non-emitting nuclear facilities to bypass rules relating to hydrogen production. In addition, the EU's apparent acceptance that nuclear power is a key source of low-carbon energy will likely further shore up support for nuclear power. Beyond France, several European countries rely on nuclear power to generate a substantial share of electricity, including Sweden, Spain, Switzerland, Finland, Belgium and Bulgaria. The nuclear sector still has plenty of opponents, who point to decades-long construction times and multi-billion dollar price tags as key reasons why cheaper and quicker-to-build renewable sources may be a better fit for Europe's energy needs.

Persons: Regis, France's, Gavin Maguire, Stephen Coates Organizations: REUTERS, European Union, Beyond, Reuters, Thomson Locations: Agen, Toulouse, France, LITTLETON , Colorado, Europe, Ukraine, Beyond France, Sweden, Spain, Switzerland, Finland, Belgium, Bulgaria, Italy, Germany

That initiative follows a visit to Japan by NATO Secretary General Jens Stoltenberg in January when he said the lessons China was learning from Ukraine could influence its decisions. NATO documents have begun to reflect concern about China, East Asia and the Indo-Pacific, but Japan needs to deepen its awareness of those issues, a Japanese official involved in discussions about NATO ties said. Diplomats from two European NATO countries who spoke to Reuters said unease in the alliance about a Tokyo office went beyond France. Another Japanese official involved in preparations for Kishida's NATO visit said the idea of a NATO office in Japan had nothing to do with China, but that is how it became framed, and each NATO country has its own relations with China. Under Yoon, South Korea has set up a liaison office with NATO in Brussels and has embraced a call for unity among like-minded countries.

Persons: Fumio Kishida, ”, Michito Tsuruoka, Kishida, Jens Stoltenberg, Emmanuel Macron's, Yoon Suk Yeol, Yoon, Anthony Albanese, We’ll, Albanese, Sakura Murakami, Tim Kelly, John Irish, Josh Smith, Praveen Menon Organizations: NATO, Atlantic Treaty Organization, Keio University, NATO's, Diplomats, Reuters, Japanese, SYDNEY South, Australian, Asia Pacific, Ukraine, Sky News, Thomson Locations: TOKYO, Lithuania, Ukraine, Asia, Japan, South Korea, Australia, New Zealand, U.S, Europe, Russia, NATO, East Asia, China, Taiwan, North Korea, Lithuania's, Vilnius, Tokyo, France, Brussels, Danish, SEOUL, Poland, Paris, Seoul, Sydney

☆ The world's fastest trains -- from China to France
▼ + stars: | 2021-12-10 | by ( Ben Jones | ) edition.cnn.com time to read: +16 min

Chogo/Xinhua/Getty ImagesAs well as boasting the longest network of high-speed lines in the world, China now has the fastest scheduled trains on the planet. A statement of intent by China’s booming railway technology industry, the Fuxing trains have been developed from previous generations of high-speed trains, which were based on technology imported from Europe and Japan. The design also forms the basis of the Siemens “Velaro” family of high-speed trains, which has been sold to Spain, Russia, Turkey, China and to Eurostar for its second generation international trains. Europe’s first dedicated high-speed network is still its best known and most successful, reaching out well beyond France’s borders. Frecciarossa services operate across Italy’s T-shaped high-speed network, linking Turin, Milan and Venice in the north with Bologna, Florence, Rome and Naples.

Persons: Germany's, Philipp von Ditfurth, Thomas Coex, Europe’s, Kiyoshi Ota, Al Boraq, Morocco's Al Boraq, ‘ Al, Boraq, Oriol, Iryo, Frecciarossa, Ed Jones, Alessandro Rota, sandstorms don’t, HHR Organizations: CNN, Japan’s, Vitesse, Getty, Germany's Inter, City Express, Express, Siemens, Eurostar, Bloomberg, JR, Japan Railways, Tohoku, TGV Euroduplex, Alstom, Flickr, Images Spain, Alta Velocidad, Ouigo Espana, Italian State Railways, Alitalia, Arrows, Spanish National Railways, Railway, Haramain, Speed Railway Locations: Scandinavia, Europe, Asia, France, China, Spain, Germany, Italy, Belgium, England, Africa, Morocco, Egypt, South Korea, Saudi Arabia, Taiwan, India, Thailand, Russia, United States, Shanghai, Shanghai’s Pudong, Hangzhou, Chogo, Xinhua, Japan, Beijing, Hong Kong, Harbin, Cologne, Frankfurt, Paris, Amsterdam, Brussels, Turkey, AFP, Lyon, Marseille, Bordeaux, Nantes, Strasbourg, Lille, London, Switzerland, Tokyo, Shin, Aomori, Hokkaido, Honshu, Tsugaru Strait, Tangier, Casablanca, Kenitra, Rabat, Oriol Paris, Madrid, Seville, Malaga, Valencia, Galicia, Barcelona, Alta Velocidad Espana, Korea, South, Seoul, Busan, Gwangju, Mokpo, Pyeongchang, Turin, Milan, Venice, Bologna, Florence, Rome, Naples, Saudi, Bandar Aldandani, Mecca, Medina

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