The European tech startup ecosystem is continuously hitting the headlines even amidst the slowdown in the industry due to the COVID-19 pandemic outbreak. As the lockdown is getting lifted gradually, several European tech startups are securing funding to develop their business, tap into new markets, and help recover from the impact caused by the pandemic. Having said that, here we list some of the hottest happenings in the tech startup arena in Europe this week.
BrightHR invests in cutting-edge tool for businesses
BrightHR, the international HR software and employment law advice service has invested £1 million (nearly €1.12 million) in a new, cutting-edge tool, the Back to Work Navigator. This tool gives employers a central hub to manage their back to work processes helping them bounce back to their business quickly after they reopen. Businesses can change furlough statuses in seconds, send in-app notifications to employees, and set up staggered shift times as they reopen. The new tool from BrightHR comes with a complete content library of essential guidance including health and safety, COVID-19 risk assessments, restructuring processes and annual leave planning.