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Identity verification (IDV) provider Veriff , has raised a $100 million Series C round co-led by Tiger Global and Alkeon. They were joined by existing investors IVP and Accel, bringing Veriff’s total funding to date to $200 million. The new funding means the company is now valued at $1.5
It will be using the funds to continue expanding to new geographies and to bring more consumers and partners to its “super app”; and newer business lines, such as its 15-minute grocery delivery option Bolt Market, will be building out ‘dark stores’ in more cities to expand the service beyond the 10 where its active today.
At the moment of writing, Seed-DB, a global database of seed stage accelerators, listed 235 programs (both active and defunct) that 5,688 startups had gone through. It’s hard to get the exact data on how many startup acceleration programs are being launched every year, but it’s definitely a lot.
Founded in Estonia and now headquartered in New York, the company has taken a majority investment from U.S. “Pipedrive is now Europe and Estonia’s newest SaaS unicorn,” says Zennström. Pipedrive , the sales CRM tool for small and medium-sized businesses, is the latest European company to reach unicorn status.
But with new funds lured in by their startups’ talent pool, global mindset, and capital efficiency, this could be starting to change. Sign up here. Central and Eastern Europe have had less venture capital at their disposal than their GDP or population could warrant. Let’s explore.
Woola opened a production facility in Estonia and launched its first product in December 2020. Woola’s previous investors include the co-founders of Pipedrive, Bolt and the angel fund Lemonade Stand. Woola says this is enough to fulfill 120% of the global bubble wrap demand. It’s now expanding to the U.K., France and Germany.
Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. “Whereas global providers give a personal touch maybe only to a few big clients in the enterprise sectors.” It recently closed a $1.4
Global plastic waste has more than doubled , and 40% of that waste comes from packaging. Woola (Estonia), Papkot (France), Biotic (Israel), FunCell (France) and Traceless (Germany). The investment will be used to fund the opening of its first raw material production plant. one • five (Germany), Shellworks (U.K.),
There are plenty of competitors in so-called FMS (Farm Management Software), but so far no global dominant leader has emerged. Now Estonia-based eAgronom , another FMS startup, has closed a $7.4 Combined with the global movement toward net zero, eAgronom is an exciting business to be a part of.”. Agrivi has raised $7.3
Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. The funding from the EIB ticks a couple of different boxes for the EU.
The company — co-headquartered in New York and Tallinn, Estonia — has now raised more than $150 million overall, it said. As with the previous round, the funding will largely be going toward R&D. Insight and Wildcat are previous backers, including in Glia’s $78 million Series C round in January 2021.
The equity round welcomed participation from existing and new shareholders, including Rivonia Road Capital; the Los Angeles-based global alternative asset manager provided a $75 million credit facility. Planet42 also received $10 million in debt funding from private investors.
The latest round brings the company’s total funding raised to $100 million. “We We managed to go a long time without raising more funding,” Zeiler told TechCrunch. “We The Series C funding enables Clarifai to scale its global team of 100 employees with plans to double that by next year.
London and Berlin usually top the lists of European startup hubs, but Central and Eastern European countries like the Czech Republic, 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.
Hamburg-based Localyze is gearing up to launch in North America in the coming months — powered by a fresh raise of $35 million in Series B funding that’s being announced today, a little over a year after it disclosed a $12M Series A. The Series B is led by US VC fund, General Catalyst.
At home we have entrepreneurs who think global day one. We have 30 procedures to go through when starting a legal business entity – ranking us #5 globally of light bureaucracy when incorporating. According to the Global Entrepreneurship Monitor the Dutch outperform the EU big five in terms of early stage entrepreneurial activity.
Inside Plaid’s plans to build a new, global finance network. Investors say Indian startup funding could get even hotter after record Q3. Global startup funding has soared this year, but a number of exits and large funding rounds are drawing new attention to India’s startup ecosystem. Walter Thompson.
Y-Combinator- backed Localyze has nabbed $12 million in Series A funding led by Blossom Capital for a SaaS that supports staff relocations and hiring across borders. But Localyze cites a PwC study on mobility in the global skilled workforce that suggests employee relocation is set to increase by 50% as we emerge from the pandemic.
Bird, the electric scooter company that helped launch the global micromobility boom, is planning to go public via a reverse merger with a special acquisition company, or SPAC , according to dot.LA. The deal will net Bird hundreds of millions of dollars in cash, which it can use to fund its operations as it continues to chase profitability.
Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” Dear Sophie, A few years ago, I moved my startup’s headquarters to New York from Estonia on an E-2 investor visa. Sophie Alcorn. Contributor.
Yaccarino will be leaving her role as chairman of Global Advertising & Partnerships at NBCU. X opens up its ad revenue sharing program globally The company announced its “Ads Revenue Sharing” program is now available for eligible creators globally. cat a were labeled “government-funded media” weeks later.
It will aim to make the European Union the most attractive place to create a startup, in comparison with obvious global leaders like the U.S. Now, before you think I’m about to bore you to death, you might like to know that the SNS is a huge political initiative. Therefore, its significance is not to be underestimated.
April 28, 2023 ChatGPT parent company OpenAI closes $300M share sale at $27B-29B valuation VC firms including Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global are picking up new shares, according to documents seen by TechCrunch. A source tells us Founders Fund is also investing.
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