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Paris-based VC firm Partech has announced the closing of the fundraising of its new growth fund. Partech Growth II is the firm’s second growth fund. As a reminder, Partech Growth I was a smaller fund with €400 million under management, which represents $460 million at today’s exchange rate.
million in Series A funding. The 2019-founded, Prague-based startup says the funding will be used to meet rising demand from global financial institutions, including by building out its product, engineering and sales operations teams beyond its existing footprint — which also includes offices in London and New York.
Forto , a digital freight forwarder which has experienced a boom during the pandemic, has raised another $50 million in funding. The round was led by Inven Capital, a growth fund out of the CzechRepublic. It’s now raised $103 million since its launch in 2016.
million, and, in the post-pandemic world where the population has become far more movable due to remote working, similar businesses are raising funds to attend to the needs of this global, nomadic workforce. Germany-based NUMA Group expanded into Spain, Italy, Austria and the CzechRepublic in 2021. Based out of the U.S.,
-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft , has replenished its own coffers with £70 million in funding. It brings the total funding raised by Liberis to £200 million, including more than £50 million in equity funding. and the U.K.
Three existing investors are putting more money on the table — Revaia , XAnge and Bpifrance’s Digital Ventures’ fund. This isn’t the company’s first international expansion as the platform is already live in Spain and CzechRepublic. Up next, Welcome to the Jungle wants to expand to the U.S.,
In a blog post , analysts Claire Zaboeva and Melissa Frydrych of IBM X-Force IRIS announced that the phishing campaign spans six regions: Germany, Italy, South Korea, CzechRepublic, greater Europe, and Taiwan. COVID-19 vaccine research and development has been a target of multiple cyberattacks this year.
Another model, the Eeyo 1, will launch over the next few months in France, Belgium, Monaco, Germany, Switzerland, Austria and the CzechRepublic. Gogoro announced today that its Eeyo 1s is now available for sale in France, the smart electric bike’s first European market.
Everli , the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, CzechRepublic and France, has raised a $100 million in Series C funding. The round is led by Verlinvest, with participation from new investors Luxor, DN Capital, C4 Ventures, and Convivialité Ventures.
It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the CzechRepublic, 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.
Previously, Lisa served as the founding CEO of the 1:1 Fund, a project incubated by CFED to build a broad online and high net-worth donor base for children’s savings accounts. Lisa graduated from Mount Holyoke College with degrees in philosophy and critical social thought.
In April 2021 , Oda (known then as Kolonial) was valued at around $900 million when it raised $265 million from investors that included SoftBank’s Vision Fund. It still lists Oda among its portfolio companies on its site (as part of Vision Fund 2), although it’s not noted as an investor in Oda’s newest financing.
We also want to enable European venture capital with European funds, European knowledge and European teams Cédric O. New financial incentive to create 10 to 20 large VC funds. Let’s start with late-stage funding. Our goal is to create 10 to 20 funds with more than €1 billion.
Groupon gets its Czech book : Ingrid reports that Groupon has lost 99.4% of its value since its IPO and now has a new CEO who will run the business from the CzechRepublic. Damn the torpedoes, full steam ahead : Investors are unfazed by Q1 crypto funding decline , writes Jacquelyn. You’re hired!
Now, after helping Palantir scale up its senior talent (and pocketing some advisor shares for himself) he invests in the Palantir diaspora out of his fund. Extra Crunch memberships are now available in Switzerland , Croatia and CzechRepublic. Image Credits: Bumble. Around TechCrunch. Give the gift of Extra Crunch for 25% off.
Founded out of the CzechRepublic in 2021, Talkbase launched out of stealth just a couple of weeks back , backed by $2 million in pre-seed funding from a mixture of Czech and U.S. funds, including J&T Ventures, Credo Ventures, Mxv Capital, and Plug & Play Tech Center.
In addition to bolstering Overhaul’s platform with visibility and risk monitoring tech, the purchase extended Overhaul’s book of business, adding customers in the tech and pharma industries, while extending Overhaul’s geographic footprint to Brazil, Mexico and the CzechRepublic.
When all was said and done, we received a 2005 seed-funding grant from Full Circle Fund and launched the Refurbished Computer Initiative program. And then the program really got going with a major grant in 2007 from California Emerging Technology Fund. In the first couple of years we distributed around 100 PCs per month.
For example, they started a community-driven savings and loans program to help offset displacement costs or provide the funds needed to create a new business. They now work to help women and girls in over 100 countries by launching programs in local communities that have a direct and long-lasting impact.
Kontico is based in the CzechRepublic.). .” Kontent says that it plans to hire 100 employees within the next year, expanding its current headcount of 120 people across five offices.
Its maker XCDS (aka “eXtended Collaboration Document Systems”), which is headquartered in London, UK with an R&D hub in Prague in the CzechRepublic, has been in business for around a decade at this point — but working on office tools for some seven years, per CTO Egor Goroshko, who says they see Collabio as a startup in its own right.
million in funding. The venture investors that once put a mountain of capital into Substack don’t have to invest more, the incoming dilution is effectively zero and the company gets more total funding to pursue its long-term goals. As of Friday morning, over 6,000 investors have pledged around $6.9 For Substack, this is a win.
The CzechRepublic may be better known for beer, hockey and the sights of Prague, but its entrepreneurial community is as ambitious as any. Pipedrive is an EU-based CRM company with offices in eight countries, but it has a Czech co-founder in VP of Product Martin Henk, one of several founders to emerge from the ecosystem.
We see historic fires in Greece, Portugal and North America’s entire West Coast ; epic floods in Germany ; devastating tornadoes in historically temperate geographies such as the CzechRepublic ; record-breaking hurricanes in the Caribbean and Philippines; drought in Syria that ultimately led to civil war; destruction of the Great Barrier Reef.
London and Berlin usually top the lists of European startup hubs, but Central and Eastern European countries like the CzechRepublic, Estonia, Croatia and Poland have claimed a growing portion of the startup pie in the past few years. We have a couple of funds that are actively looking for innovative companies to invest in.
This is a milestone funding round not just for the company, but its home country: it marks the largest-ever round raised by a Spanish startup. ” The funding is being led by Lugard Road Capital and Luxor Capital Group (the former is an affiliate of the latter), with Delivery Hero, Drake Enterprises and GP Bullhound also participating.
They opened offices in Poland, the CzechRepublic, Germany and other EU countries. This experience in managing distributed teams also means that Ukrainian IT has no problems with expansions. In 2022, Ukrainian companies started going global. About 12% of the surveyed companies closed down operations after the Russian invasion.
Twitter removes ‘government-funded’ news labels Twitter has removed “government-funded media” labels on all accounts, from NPR to the Chinese state-affiliated Xinhua News. The app even appears to have deleted its web page explaining the “government-funded media” labels.
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