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Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. “All of our business units are growing,” founder and CEO Markus Villig said in an interview this week. . billion ($8.4 billion).
Rendin , an Estonian proptech startup that wants to improve the home rental experience, including offering a no-deposit feature, has raised €1.2 Launched in Estonia in March this year and currently expanding to Poland, Rendin operates a long-term rental platform that promises to smooth out the process between landlords and tenants.
Katana , an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding. Many small businesses opt for spreadsheets despite being error-prone and difficult to scale as their businesses grow.”
Identity verification (IDV) provider Veriff , has raised a $100 million Series C round co-led by Tiger Global and Alkeon. The Estonia-based startup’s “special sauce” is using AI-powered video to verify identifies. The new funding means the company is now valued at $1.5
Pipedrive , the sales CRM tool for small and medium-sized businesses, is the latest European company to reach unicorn status. Founded in Estonia and now headquartered in New York, the company has taken a majority investment from U.S. “Pipedrive is now Europe and Estonia’s newest SaaS unicorn,” says Zennström.
Today, one of the startups that’s built an interesting, very “hands-on” approach to addressing that problem is announcing a round of funding to expand its business. “We’ve had overwhelming demand and it’s incredible to see how businesses want to adopt us right now,” he said in an interview.
Insight Partners led the round, with Wildcat Capital Management and a new strategic backer, the unified business communications giant RingCentral, also participating. The company — co-headquartered in New York and Tallinn, Estonia — has now raised more than $150 million overall, it said.
The business world has a love-hate relationship with coaching. Founders are visionaries: They start with an idea, a talent, a dream, but not necessarily the business know-how. We look up to business magnates, believing that they sailed from a college dorm to the C-suite without breaking a sweat. Should I trust my gut?
Outvio , an Estonian startup that provides a white-label SaaS fulfillment solution for medium-sized and large online retailers in Spain and Estonia, has closed a $3 million early-stage financing round led by Change Ventures. Among others, it competes with ShippyPro , which runs out of Italy and has raised $5 million to date.
Launched in a number of Nordics markets, and on the verge of opening properties in London, the startup seems to be weathering the pandemic, reaching occupancy rates as high as 90% at its existing properties in Estonia and Finland. 10 proptech investors see better era for residential and retail after pandemic.
Woola (Estonia), Papkot (France), Biotic (Israel), FunCell (France) and Traceless (Germany). It’s now raised a £3 million seed round led by Ecovative Design LLC with participation by Dale Vince, founder of Ecotricity (a green energy company in the U.K.); Just take a look: Circleback (Germany), Recup (Germany), Sourceful (U.K.),
After raising $215 million from SoftBank to double down on the surge of interest in online learning, Kahoot has made an acquisition to expand the scope of subjects that it covers. The startup was founded in Estonia and has 21 employees, with no “head office” as such, with the team spread across Estonia, U.S.,
Estonia-based Membo — which is backed by Y Combinator and will be presenting at the incubator’s Summer 2021 Demo Day next week — is aiming to take a slice of the premium end of grocery shopping in Europe and a bite out of supermarket giants’ continued dominance of the traditional weekly food shop. .
Now, in a spot of perfect timing, a startup out of Talinn, Estonia, called Ready Player Me — which has built a popular platform for creating dynamic, animated avatars to use across virtual worlds built and operated by others — is announcing $56 million in funding to grow its business.
Agrivi has raised $7.3 Now Estonia-based eAgronom , another FMS startup, has closed a $7.4 Now Estonia-based eAgronom , another FMS startup, has closed a $7.4 EAgronom is also the recipient of a $600,000 EU grant, and had previously raised $12 million in backing from investors. million, Granular $24.9
“It was very interesting, we did of course see a negative impact from COVID-19 in 2020 but the main reason why we never worried about our business model is that we knew the businesses have never been the only driver of relocations,” Asmussen tells TechCrunch. Firstbase raises $13M to make remote work suck less.
It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors. Today the campus deployments are a majority of Starship’s business — some 70% — but the signs are pointing to a likely shift, Westgarth said.
Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. billion ). billion, based on a 1.5x multiple on GMV of €3.5
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. launch plans back in 2020.
Bird acquired Circ , a leading electric scooter rental business in Europe and the Middle East, in January 2020. The company has since launched Bird Platform in countries like Switzerland and Estonia, cheering investors who hope it will lower Bird’s labor and capital expenses.
Facetime : While Mark Zuckerberg is promising better metaverse avatars, Estonia-based Ready Player Me is delivering. Andreessen Horowitz led the company’s recent $56 million raise into the company that is building dynamic, animated game avatars for virtual worlds, Ingrid writes. The company raised $9 million. See you there!
You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. Proactive CEOs should prioritize European expansion. Early Stage is the premier “how-to” event for startup entrepreneurs and investors.
Initially targeting private individuals and businesses in the U.K., Veriff raises $7.7M Kreindler also says it’s not just about individuals and that Certific has worked with academics in Estonia, North America and in the U.K. In addition, medical director Kreindler has experience with anti-doping in close-combat sports.
In Latin America, the business of trolling threatens Twitter’s disruptive power. Business writer Gordon Pitts pinpoints 2011 as the game-changing year for the Atlantic startup scene. Matthew Carpenter-Arévalo is a former Google and Twitter manager and current CEO of Céntrico Digital , a Latin American-based digital agency.
Scooter sharing is a cash intensive business, with companies routinely spending more on each scooter than they take in with revenue. Since then, it has grown to over 100 cities, facilitated over 10 million rides, and raised cash at an unprecedented pace. Very few companies operating scooter fleets have succeeded in turning a profit.
Part of this process will have to involve making it easier for consumers and businesses alike to transition to electrification, for example through extending access to electric vehicle (EV) charging stations as the U.S. ” And to help take things to the next level, the London-based company today announced that it has raised $3.5
She connects people with the businesses and opportunities that expand their lives. Dear Sophie, A few years ago, I moved my startup’s headquarters to New York from Estonia on an E-2 investor visa. Under your leadership, how much funding has your startup raised? More posts by this contributor.
TechCrunch: In order to be able to access the support package a local startup must be an innovative business that’s up to five years old (or seven in biotech); making up to €5 million in revenue; and have at least 60% of its employees in Spain. This is sample data that we use — that we extracted from business data analysis.
Planet42 , a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors. Planet42 also received $10 million in debt funding from private investors. It became carbon-neutral certified in 2021.
Clarifai wants to bring artificial intelligence into the lives of developers, business operators and data scientists so they can automate and accelerate their model development. The latest round brings the company’s total funding raised to $100 million. “We We saw an opportunity and raised the round.”.
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