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Gogoro announced today that its Eeyo 1s is now available for sale in France, the smart electric bike’s first European market. Another model, the Eeyo 1, will launch over the next few months in France, Belgium, Monaco, Germany, Switzerland, Austria and the Czech Republic.
So why did the company raise given that it’s already in a strong position to replicate the same model in other European markets? In addition to France, the startup operates in Spain, Italy, Belgium, Germany and the U.K. and Germany in particular — they are Europe’s two biggest markets for home improvement and gardening.
It just makes sense for gaming companies — an immensely lucrative source of revenue, the microtransactions market was worth at $60 billion in 2021, and projected to hit $106 billion by 2026. When Belgium banned loot boxes in 2018, it looked like the first domino had fallen, and further regulation from other countries would follow soon.
Samsung says the app update that enables the features will begin rolling out on February 4th, though the company notes that availability “may vary by market and carrier.”. Apple introduced the ability to take an EKG with the Apple Watch Series 4 in 2018 , though Apple Watches still can’t natively track blood pressure.
Odoo — a Belgium-based provider of open-source-based business software that ranges from inventory management and ERP to human resources and CRM software, marketing tools and more, some 30,000 in all — has received $215 million from Summit Partners. Sikkens is joining the board with this round.
Comatch originally started in Germany, which means that Malt is also doubling down on the German market with this acquisition. Originally limited to the French market, Malt has expanded to Germany, Spain, Belgium, the Netherlands and Switzerland over the past few years.
Berlin-based Choco , which has built ordering software for restaurants and their suppliers, is working to digitize the food supply chain and announced $100 million in Series B funding, led by Left Lane Capital, to give it a $600 million post-market valuation. The new round comes just over a year after Choco’s $63.7
9,400 companies have opted for Alan in France, Belgium and Spain — the company’s home market remains its main market. In order to gain more customers, Alan is betting on three pillars — product innovation, customer satisfaction through additional services, and expansions to new verticals and markets.
As you can see, there are quite a lot of players in this space, meaning that there’s a big market opportunity. Germany, Spain, Belgium, the Netherlands and Luxembourg. It should give you an idea of the company’s upcoming market expansions. Ramp and Brex draw diverging market plans with M&A strategies.
The proptech marketing platform is announcing that it has raised $4.5 The investment will see co-founders and co-CEOs Gil Sperling and Daniel Levy drive the business’s B2B growth strategy and integrate Flow’s social media–driven real estate marketing platform into existing international property portals and CRM platforms.
It now has its software in use in 20,000 locations across 40 markets, with the number of locations doubling in less than a year. Today its biggest market is Europe, but it’s growing the fastest in North America, so it will also be investing to continue expanding there. (Xu “T his is why we do it,” he said.
With $40 million on its bank account, Cajoo now wants to solidify its strong market position in its home country. But Henri Capoul sees it as market validation. But it’s a regulated market. So it’s clear that the company sees itself as a market leader in France first. We can’t sell everything at a loss,” he said.
The company has raised nearly $1 billion in its most recent funding round and is already operating in eight markets — including France. It has served 450,000 customers in total across eight different cities in France and Belgium. As for Gorillas’ six other markets, the company could choose a different path.
The company recently expanded to other markets. It is now available in Spain, Italy, Germany and Belgium. In-store payments represent 30% of payment volume. The startup works with Alain Afflelou, Etam, Galeries Lafayette, Printemps and Ankorstore.
and Belgium. And the company is currently profitable on this market if you look at this segment independently from the rest of the company. In addition to France, ManoMano is operating in Spain, Italy, Germany, the U.K. In 2021, the company plans to double down on Northern Europe (Germany and the U.K.)
Brazil was the fastest-growing and the second largest market after Belgium for exports of electric vehicles and plug-in hybrids from China last year, with shipments more than doubling to 152,000 units, according to Cui Dongshu, secretary general of the China Passenger Car Association. Reuters ]
The proliferation and growth of these might prove to be a strong argument in favor of the market not being sewn up by Plaid (no pun intended), although having one owned by a single payments giant would definitely shift how the market is evolving. Rapyd remains VC-backed and was last valued at $1.3 billion acquisition of Plaid.
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC.
A startup out of Belgium called Deliverect , which has built a platform to manage all of that through one seamless app, is today announcing a big round of funding. Be it a restaurant, a chain, a dark kitchen or a food company itself, the market for taking and filling food orders is traditionally very fragmented.
While Tricount’s app is available globally, the company focuses specifically on users living in France, Spain, Germany, Belgium and Italy. Bunq also operates in these markets. “We It could act as the top of the funnel for Bunq products and services. We fully subscribe to Bunq’s mission and are very proud to be a part of it.
The company is also operating in Spain and Belgium. But it’s been a slow start with 300 members in Spain and 500 members in Belgium. Alan is going to focus on those two markets before launching new countries in the future. Health insurance startup Alan lets you chat with a doctor.
The company is looking at Portugal, Italy, Germany and Belgium for its next markets. There are more European expansions on the roadmap as many of Fleet’s suppliers can deliver across Europe already. Many companies choose to buy devices for their employees directly.
In addition to its home country, Plum currently operates in France, Spain, Ireland and Belgium. that’s not the case in other markets. It can be particularly useful for people who earn enough money to save money every month, but also tend to spend everything they have in their main bank account. There are several ways to save with Plum.
“Our growth, and the growth of the US e-bike market, is making a move for us quite appealing and we want to jump,” said Roose. Test rides will begin in July before the bikes start shipping in September to Austria, Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Spain, and the UK. We’re talking the next 12 months.”.
” Going forward, it will focus instead on its home market of Germany, as well as France, the Netherlands, the UK and the US, which it says collectively account for 90% of its revenues currently.The announcement came on the heels of a report in the German press last night about the layoffs. Apparently others have also looked. (It’s
To power the expansion, which will see Lightyear land in 19 new markets, including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a Seres A round of funding led by U.S. Lightyear , a U.K. fintech startup that promises consumers commission-free trading on U.S.
Ankorstore is currently live in eight countries — France, Spain, Austria, Germany, Belgium, Holland, Switzerland and Luxembourg. France is the biggest market followed by Germany. And of course, buying from several brands through Ankorstore should simplify your admin tasks. Up next, the startup plans to launch in the U.K.
Tablevibe’s founding team includes two former Googlers: Jeroen Rutten, formerly head of Google Search’s product strategy in APAC and Sneep, who was responsible for its app development go-to-market strategy and led large sales teams. We’re working on API integrations so Tablevibe can integrate with point-of-sale systems.
We could see that markets could turn around and we didn’t know how long it was going to last. The company currently operates in France, Belgium and Spain. There won’t be any new market in 2022, but Alan could launch a new country in 2023. While Alan has ambitious goals, it currently has a tiny market share. “96%
The new investment, an internal round led by G Squared alongside Insight Partners, comes just six months after Berlin-based Choco took in $100 million in a Series B round , led by Left Lane Capital, to give the company a post-market valuation of $600 million. and Europe, and to expand into additional markets.
Fintech startup Atlantic Money is rolling out its international money transfer service to more markets and more platforms. The startup previously raised money from Ribbit Capital, Index Ventures, Kleiner Perkins, 20VC, Amplo and Elefund and is regulated as a payment institution in Belgium and the U.K.
We’ll cover every aspect of company building: Fundraising, recruiting, sales, product-market fit, PR, marketing and brand building. Proactive CEOs should prioritize European expansion. But we are not out of the woods yet. Use code “TCARTICLE at checkout to get 20% off tickets right here.
representing the latest in a line of European market expansions. back in 2021 , while in recent months it has rolled in to Germany and the Benelux (Belgium, the Netherlands and Luxembourg) region, with plans in place to target Norway this year too. Electric and autonomous trucking company Einride is expanding to the U.K.,
With this new product, the company is entering a new market — home cinema sound systems. We are at the high end of the market but we have a product that is an all-in-one audio system,” Devialet CEO Franck Lebouchard told me. We realized that it’s a market that is taking off,” Lebouchard said. and it costs $2,400 (€2,190). “We
Realme says the GT will ship to Belgium, Germany, Luxembourg, the Netherlands, and Portugal, though the device isn’t currently available to actually order. It’s not clear which other European markets it’ll be available in when it does launch. Realme announced the Chinese version of the GT in March. Elsewhere, the GT has a 6.43-inch
Global markets are now flooded with cheaper electric cars. Chinese carmakers exported roughly 350,000 EVs to nine European countries during the first six months of this year, including Germany, Sweden, and Belgium, according to figures from the China Passenger Car Association. Reuters ]
The plan will be to now use this injection of cash to drive more business in what is still a very untapped market, said CEO Sean Fitzpatrick. Steve LeSieur, an MD at Spectrum Equity who is joining the board with this round, said that bigger market potential is one big reason his firm invested now.
Ramping up in this way underscores just how hot the BNPL market is right now, and also how the startup has been faring within that. It now works with 3,000 merchants in Europe — specifically Italy, France, Germany, Spain, Portugal, Finland, Belgium, Netherlands and Austria — and it has yet to move into huge markets like the U.S.
The firm acquired a Netherlands-based drone company, Terra Inspectioneering , in 2018 and invested in Belgium’s drone company Unifly in 2016. . The global drone surveillance market is expected to grow to $476.5 The global UAM market is projected to increase to $1.5 million in 2028 , from $142 million in 2021.
The valuation is a strong reflection of our position in the market,” Felix Van de Maele, co-founder and CEO, told TechCrunch. “If Collibra was spun out of Vrije Universiteit in Belgium in 2008 and today it works with more than 500 enterprises and other large organizations like AWS, Google Cloud, Snowflake and Tableau.
France-based Crew launched in 2020 out of the Belgium-headquartered startup studio eFounders before joining Y Combinator’s accelerator program. Outside funding is being put toward growth and go-to-market expansion as well as hiring; Crew plans to double the size of its eight-person team by the end of the year.
Roboto : Amazon announced it is acquiring Cloostermans, a mechatronics company based in Belgium. We like a startup with a fun name : Cryptocurrency is a hot market in Africa, and Tage writes about one blockchain payments startup, called Bitmama, that raised $2 million in pre-seed funding to show what it can do in new markets.
Belgium, France and Germany makes Amsterdam a natural gateway to those markets. The Netherlands’ ecosystem has been flourishing; more than $85 million was invested in regional startups in 2019 alone. The nation’s proximity to the U.K.,
For instance, one study across acute care hospitals in England, Belgium, Ireland, Spain, Finland and Switzerland found that for every 10% reduction in the proportion of professional nurses at a hospital resulted in an 11% in odds of death. So we built technology,” Braswell says.
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