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What we can learn from edtech startups’ expansion efforts in Europe

TechCrunch

Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization. Europe is home 49 of the surveyed companies, six are based in the U.S., Rhys Spence. Contributor. Share on Twitter. and three in Asia.

Europe 143
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Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

TechCrunch

It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the Czech Republic, Hungary and Austria — as well as to break into Germany, Poland, Romania and other countries in the near future. We understand from sources it is around $600 million. For example, Ocado here in the U.K.,

Europe 131
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SumUp taps €285M more in growth funding to weather the fintech storm

TechCrunch

SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed SumUp itself.

Fund 118
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Charles raises $20M to bring conversational commerce to WhatsApp in Europe

TechCrunch

As part of that broader movement, the mighty WhatsApp, a dominant force in the messaging world, has been pushing deeper into the business arena with myriad tools to connect retailers with customers — from product catalogs and collections , to shopping carts and Instagram Shops integration. Conversational commerce comes to Europe.

Europe 95
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Viola Credit closes $700M fund to provide asset-based lending to fintech startups

TechCrunch

Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. These are tech companies backed by VCs but they also need financial partners due to their capital-intensive businesses in order to do this.

Fund 113
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E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

TechCrunch

SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused on high-risk, high-potential bets. As a reminder, SoftBank has invested in many late-stage funding rounds through its Vision Fund team. the company has been expanding rapidly across Europe.

Fund 123
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European Central Bank payment system crash delayed salaries and welfare funds across Europe

TechSpot

"If it had lasted until Friday, there would have been big risk-management questions for banks," Alistair Milne, a professor of financial economics at Britain's Loughborough Business School, told Reuters, which provided a timeline of events in an exclusive report. Bank risk managers would have to decide: Are we willing to.

Europe 82