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Woola raises €2.5M seed led by Future Ventures to replace bubble wrap with wool

TechCrunch

Woola opened a production facility in Estonia and launched its first product in December 2020. Wool envelopes were the first products to hit the market. The world needs sustainable alternatives to the petrochemical economy for a healthier future.”. It’s now expanding to the U.K., France and Germany.

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Kahoot drops $50M on Drops to add language learning to its gamified education stable

TechCrunch

Kahoot, which trades a part of its shares through Norway’s alternative exchange the Merkur Market and currently has a market cap of over $3 billion , said in an announcement that it would pay $31 million in cash, plus up to $19 million more in cash and shares, based on Drops meeting certain targets between now and 2022.

Language 112
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South African car subscription service Planet42 raises $100M equity, debt

TechCrunch

The equity round welcomed participation from existing and new shareholders, including Rivonia Road Capital; the Los Angeles-based global alternative asset manager provided a $75 million credit facility. Planet42 also received $10 million in debt funding from private investors. TLcom and 4DX drive $13.1M

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Bob W, the ‘tech-driven’ hospitality provider, raises €10M in seed funding

TechCrunch

Bob W , the self-described “tech-driven” hospitality provider that offers an alternative to traditional hotels and short-stay rentals, is disclosing €10 million in seed funding. Revenue is also said to have grown by 80% in 2020, with the company putting a lot of marketing toward claims behind being more hygienic than many hotels.

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Papaya wants to help electrify last-mile logistics in Europe

TechCrunch

Internal combustion engines still rule the roost when it comes to powering automobiles, but there are signs that they’re trundling into oblivion, at least in some markets. ” Papaya is already live in five markets, including the U.K. . ” Papaya is already live in five markets, including the U.K.

Europe 18
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Investors and business leaders: It’s time to take coaching mainstream

TechCrunch

In the same way your firm might offer marketing or PR services to portfolio companies, coaching should be part of the package. A few VCs have already taken a 1% pledge , but it’s the Europeans who are leading the charge here, with funds from Estonia to Ireland generously covering all founder coaching fees and other support programs.

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

Major brands are experimenting with it, using the AI to generate ad and marketing copy, for example. We’ve been putting market participants on notice that instances in which AI tools are effectively being designed to deceive people can place them on the hook for FTC action,” she stated. Are there alternatives to ChatGPT?

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