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Cansativa Group grabs capital as Germany readies for recreational cannabis market

TechCrunch

Snoop Dogg, rocked the stage at Sunday’s Super Bowl, and now his Casa Verde Capital team is pumping new funds into Frankfurt-based Cansativa Group , touted as the “largest medical cannabis distributor” in Germany. It also distributes equipment and ancillaries to pharmacy customers throughout Germany.

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Furniture rental company Pabio expands to Germany

TechCrunch

Today it announced it expanded into Germany and raised a drawer-full of cash to expand its marketing and to reach into additional European countries. They upload a floor plan and take some photos, and Pabio generates a 3D model of their apartment, furniture and all. “Furniture used to be high quality.

Germany 95
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China’s JD.com pilots cross-border platform Joybuy in London as it takes on Temu in UK’s $163 billion e-commerce market

TechNode

As of mid-2024, the company operates nearly 100 bonded, direct-mail, and overseas warehouses globally, covering nearly 1 million square meters across key markets including the US, UK, Germany, France, Vietnam, and the UAE. By late 2021, JD.com officially pulled the plug on Joybuys original business model.

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Tesla turns a record profit despite new Model S and Model X delay

The Verge

Tesla has drawn a lot of scrutiny lately, has run into delays with the refreshed Model S and Model X, and the auto industry is struggling through a global shortage of semiconductors. But none of those things seemed to have much effect on Tesla’s business. As a result, Tesla generated $10.4

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Grover raises $71M to grow its consumer electronics subscription business

TechCrunch

A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. The funding is coming on the heels of a year when Berlin-based Grover said its business grew 2.5x (that is, 150%).

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Canon printer owners get official guidance to bypass DRM as company is forced to sell chip-less toners

TechSpot

Silicon shortage has forced Canon to make chip-less toner cartridges for some of its business printers and multifunction devices (MFDs).

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Business banking startup Qonto raises $552 million at $5 billion valuation

TechCrunch

Qonto is a challenger bank focused on business bank accounts. It currently operates in France, Germany, Italy and Spain. Qonto started out with business bank accounts because that’s the key financial component of European companies. This is one of the largest rounds in the French tech ecosystem. In the U.S.,