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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. ” Many local providers also offer lower prices and give a large amount of bandwidth for free, attracting SMEs. . It recently closed a $1.4
Estonia-based Membo — which is backed by Y Combinator and will be presenting at the incubator’s Summer 2021 Demo Day next week — is aiming to take a slice of the premium end of grocery shopping in Europe and a bite out of supermarket giants’ continued dominance of the traditional weekly food shop. .
Eneba , a marketplace for gamers that sells games and other products, has raised an $8 million round of funding from Practica Capital and InReach Ventures. The funding is described as a “combination” of a seed and Series A round.
Bob W , the self-described “tech-driven” hospitality provider that offers an alternative to traditional hotels and short-stay rentals, is disclosing €10 million in seed funding. Leading the round, which included a first tranche of €4 million last year, is byFounders VC and private equity firm Finnish Industry Investment (Tesi).
To power the expansion, which will see Lightyear land in 19 new markets, including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a Seres A round of funding led by U.S. On top of that, users can invest in what are known as exchange traded funds ( ETF s), which are essentially investment funds.
Katana , an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding. “As manufacturing moves closer to the ever-increasingly conscious consumer, brands that rely on local production and inventory are gaining market share. .
It is also deploying its Edge AI capability that layers AI on top of data streams using various local hardware, from high-powered servers to cameras and drones. 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
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.
TechCrunch: In order to be able to access the support package a local startup must be an innovative business that’s up to five years old (or seven in biotech); making up to €5 million in revenue; and have at least 60% of its employees in Spain. So this generated a lot of uncertainty for investment funds to come to Spain.
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.
Slowly, Mike’s Bloggity Blog became one of Canada’s premier entertainment sites, and Morrison found himself with a local newspaper column as well as regular television and radio appearances. million USD) through its Atlantic Innovation Fund (AIF). million USD) through its Atlantic Innovation Fund (AIF). venture capital.
A source tells us Founders Fund is also investing. based company to stop processing locals’ data. The local radio, TV and internet awareness campaign has a slightly more generous timeline of May 15 to be actioned.) Altogether the VCs have put in just over $300 million at a valuation of $27 billion to $29 billion.
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