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Sonder is a tech-driven hospitality company. 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. Based out of the U.S., It’s raised $529.6
When I started getting involved in clean tech 1.0 To tackle the crisis, capital must flood in and even more so than in the past few encouraging years, during which climate tech VC investment increased 40x between 2013 and 2019. We need the same urgency applied to climate tech. Not investing in climate tech is inexcusable.
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.
Three existing investors are putting more money on the table — Revaia , XAnge and Bpifrance’s Digital Ventures’ fund. As Welcome to the Jungle originally started with tech startups, there are still a lot of highly-skilled job opportunities on the platform. Up next, Welcome to the Jungle wants to expand to the U.S.,
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.
While London, Paris, Berlin and Stockholm feature regularly in tech coverage, the rest of Europe has been busy. The CzechRepublic may be better known for beer, hockey and the sights of Prague, but its entrepreneurial community is as ambitious as any. We are trying to be the most founder-friendly fund in the region.
And the French government is taking advantage of this opportunity to make some progress on the tech startup policy front. In an interview with TechCrunch, France’s digital minister Cédric O shared some news for the European tech ecosystem. New financial incentive to create 10 to 20 large VC funds.
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.
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. Which sectors is your tech ecosystem strong in? What are the tech investors like in Wroclaw?
Everyone wants to invest in the next big tech mafia. 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. Loizos also profiled Lux Capital’s Deena Shakir, who sees space and frontier tech going mainstream right now.
And if that’s not convincing enough, I’m going to share a few more reasons why the prospects of the Ukrainian tech sector aren’t as bleak as they may seem from the outside. The Ukrainian tech sector is adaptable and export oriented The Ukrainian IT sector gets most of its business from Europe and the United States.
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. Need some more to get you through the long bleak gap of “less tech news” known as the weekend? Big Tech Inc. You’re hired!
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.
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.
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.
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.
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.
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.
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.
Twitter is being evicted from its Boulder office Court documents show that Twitter owes three months’ rent to its Boulder landlord, and a judge has signed off on evicting the tech giant from that office. The app even appears to have deleted its web page explaining the “government-funded media” labels.
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