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Austrian synthetic data startup MOSTLY AI today announced that it has raised a $25 million Series B round. Talking to TechCrunch, MOSTLY AI CEO Tobias Hann said that the company plans to use the proceeds to push the boundaries of what its product can do, grow its team, and gain more customers both in Europe and in the U.S.,
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.
Gorillas, the on-demand grocery delivery startup taking Berlin by storm, has raised $44M Series A. Founded in 2014, Rohlik’s funding comes at an interesting and key moment in the online grocery business, in Europe and beyond. which is listed here but is run like a startup) raised more than $1 billion.
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).
Too Good To Go , the startup that lets you buy food right before it goes to waste, is raising a $31.1 While the company has been around for a while, this is the first time Too Good To Go is raising money from a VC firm. On one side, restaurants, grocery stores, bakeries and other food businesses contribute surplus food items.
SumUp , a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up in a big way. and basing their service around small card payment dongles that attached to phones or tablets.
Today a startup that has built a platform to make the business of fishing more efficient — and thus the process overall more traceable and less prone to waste — is announcing a round of funding to ride on that wave. Fishing business’s greatest problem, he said, is uncertainty.
Moove , an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. So we’re still a young business. Moove is targeting seven new markets across Asia, MENA and Europe over the next six months. “As
Fuzey , a London-based company providing what it calls a “digital one-stop shop” for small businesses and independent contractors, raised $4.5 CEO Lysgaard Jensen and COO Boyce met each other about two years ago and bonded over helping small businesses digitize. It is already operating in select markets in Europe, the U.S.
In March 2020, the company made headlines for laying off nearly 300 employees in the face of a slowdown in business related to the pandemic. That pivot has proven to be a smart move for the company, which today announced it has raised $275 million in a Series F “growth” funding round at a $7.25 billion valuation.
Millions of small and medium businesses still operate inefficiently due to dependency on manual processes, which limits their capacity to grow and scale; this is despite contributing to about 48% of Nigeria’s GDP in the last five years, But the tide is turning. Some include Pastel , Kippa and OZÉ. .
Given the likely global recession, small businesses are reaching for new kinds of financing. Thus, the buy now, pay later business model is now expanding into this B2B world at a rate of knots. Playter has raised backing to do this, as has Hokodo, Billie and Tranch, to name a few other players. has raised $5.6 million.
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Europe and Asia, including Michael Novogratz’s, participated in the round. In total, Alerzo has raised more than $20 million since its launch. In fact, it might be the second-best thing after fintech at the moment.
One of the bigger startups in Europe operating a trading platform for cryptocurrency has closed a big round of funding on the heels of very rapid growth, and plans to open its platform to a wider stream of assets. billion. . “In the EU, we probably have less than 10% of the population owning stocks.
Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydia has raised $131 million in total as part of its Series B round. Mobile payment app Lydia raises $45 million round led by Tencent. And 2020 has been a busy year for Lydia.
One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. To meet demand, Buildots will use the new funding to continue that expansion; double the size of its global team with a focus on sales, marketing and R&D; and grow on the business side.
Today, the company, which is building an “all-in-one expense management platform” for global startups, is announcing that it has raised a $57 million Series B at a $500 million valuation. The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. . and Europe.
Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper into Europe. The company has raised €60 million in equity ($65 million at today’s rates). All rights reserved. For personal use only.
and Europe, today announced that it has raised $65 million, with $50 million of those as a Series B funding round co-led by Albacore Capital Group and $15 million in convertible notes. The company, which previously raised a $20 series A round in 2021, now has a valuation of $300 million. In the U.S.,
It would appear that OpenAI’s Chat GPT allying with Bing will not be the only threat to Google’s search business model in the future. With its release of WhatsApp Business app (WAB), Meta is effectively building a sort of rival search engine to Google to keep us all inside the app. has the third most WhatsApp users in Europe with 40.41
Homa Games is raising a $50 million Series A round led by Northzone. The company is raising this Series A round just seven months after raising its seed round (led by Headline and Eurazeo). Just days after Voodoo acquired Beach Bum , another French mobile gaming company has news to share.
Walnut raised $15 million in Series A funding, led by Eight Roads Ventures, to continue developing its sales experience platform. ” The company’s latest round gives it $21 million raised to date, and follows a $6 million seed round that included NFX, A Capital, Liquid2 Ventures and Graph Ventures, Vilner said.
To that end, Ejara , a one-year-old company founded by Nelly Chatue-Diop, has raised $2 million to pioneer the usage of crypto and investment services in the region. Talking about the users, Chatue-Diop classifies them into two groups: the majority who buy crypto to save for future plans and business owners who make frequent transactions.
Neeva , an ad-free search engine launched last year by a former engineer and executive best known for spearheading Google’s advertising tech business , is about to land in Europe. “A startup founder’s primary job is to raise money so that you don’t run out,” Ramaswamy added. France and Germany.
Clear Street , which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation. New York-based Clear Street raised the first tranche of the round in May of 2022 at a $1.7 billion valuation. billion valuation.
Moove , an African mobility company with a fintech play, wants to change that, and is raising $23 million in Series A to scale rapidly across the continent. or Europe and the U.S. Moove raised a $5.5 Moove is their first tech business, and Delano calls it the fastest-growing he has ever run. million seed round last year.
Ardoq is based out of Oslo and about 30% of its enterprise client base is in the Nordics; the rest is spread between Europe and the U.S. Erik Bakstad, the co-founder and CEO, said in an interview that the plan is to use the funding for more business development to expand that list of users, but also to invest in its product.
French startup BlaBlaCar has raised a new $115 million funding round (€97 million). Even if BlaBlaCar doesn’t go public right away (or doesn’t raise), there’s a clause with a time frame. Let’s start with carpooling, BlaBlaCar’s core business. MaaS transit: The business of mobility as a service.
The raise comes after Pula closed $1 million in seed investment from Rocher Participations with support from Accion Venture Lab, Omidyar Network and several angel investors in 2018. . Agriculture insurance has traditionally relied on farm business. or Europe with typically large farms, an average insurance premium is $1,000.
The two met through the startup’s investor Cathay Innovation , and the acqui-hire will pave the way for Laiye’s entry into the Europe market, said Wang. Wang also saw a strong “cultural alignment” between his business and the French startup led by a team of young founders. Laiye CEO Guanchun Wang.
TripActions , a corporate travel and expenses company, has raised a combination of equity and debt at a post-money valuation of $9.2 The company also acquired a number of travel management businesses, adding to its now more than 2,500 employees. Oh look, TripActions raised at a $9.2B billion, up from its prior valuation of $7.5
Berlin-based micro-mobility startup Tier has raised a significant Series C round of $250 million. the company has been expanding rapidly across Europe. According to Business Insider , Tier has been profitable on an EBITDA basis for the third quarter of 2020. While Tier isn’t a well-known brand in the U.S.,
WhatsApp is used by more than two billion around the world, and is an important tool for many small businesses. But as they scale up, even WhatsApp for Business might not be able to keep up with their needs. Built on WhatsApp for Business’ API, WATI has customer sales and engagement tools created for the messaging app.
Rapyd — which provides a range of financial services like payments, mobile wallets, money transfers, card issuing, fraud protection and more, all by way of an API for third parties to integrate quickly into their own services — has raised $300 million, a Series E that TechCrunch understands from reliable sources values the company at $8.75
raised more money from venture capitalists in 2021 than ever. On the bright side, founding teams counting both women and men as members raised 17% of VC investments in Africa in 2021. Women-founded startups in Africa to have raised $100 million or more are led mainly by white CEOs. Women-founded companies in the U.S.
. — Christine and Haje The TechCrunch Top 3 It’s a bird, it’s a plane, it’s a drone : Dronamics raised $40 million in a pre-Series A round (or really big seed round if you’d rather look at it that way) to start an autonomous cargo drone airline in Europe, Mike writes. cities safer, starting with New York, Haje writes.
The business eventually grew to a point where it offered over $1 million in loans to customers monthly. Still, Haile noticed a bigger underserved opportunity on the other side of the spectrum: small and medium businesses (SMBs). Sava highlights two specific pain points businesses confront around spend management and reconciliations.
The two entrepreneurs — friends since their first day as Wharton undergraduates — for years closely followed the adoption of open banking and bank account-based payments in Europe. Valar led a $20 million Series A funding round in Link while Tiger led a $10 million seed round; to date, Link has raised $30 million.
a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe. Productfy Inc. , billion valuation.
Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. To date, Sennder has raised more than $260 million, allowing it to lay claim to a potential $1 billion valuation. Digital freight forwarder Forto raises another $50M in round led by Inven Capital.
There are multiple messaging apps active in Southeast Asia and most consumers prefer to use them over email when they contact a business. Respond.io’s dashboard, which processes over 140 million messages per month, consolidates all the messages a business gets, so the right person can see them. Respond.io Respond.io When Respond.io
Rendin , an Estonian proptech startup that wants to improve the home rental experience, including offering a no-deposit feature, has raised €1.2 There are a few no-deposit startups around but their business models, although similar at first glance, are entirely different from ours,” claims the Rendin co-founder.
has announced a $23 million Series A funding round to help grow its business, less than a year after its previous, $10 million round. ” Gotham Greens just raised $310M to expand its greenhouses nationwide To the company’s founder, Source.ag Based in the Netherlands, blossoming agtech startup Source.ag ” Source.ag
Blobr , a Paris-based startup operating in the no-code space with tech to make it easier for companies to expose and monetise their existing APIs, has raised €1.2 Blobr, founded by Alexandre Airvault (CEO) and Alexandre Mai (CTO), is aiming to become the default “business and product layer” for APIs.
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