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Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app

TechCrunch

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.

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Montonio is building the payment and checkout solution to rule them all

TechCrunch

Meet Montonio , an e-commerce checkout solution created by a small startup based in Tallinn, Estonia. The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. Montonio currently supports all major banks in Estonia, Latvia, Lithuania and a few major banks in Finland.

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IFC backs Bolt with $24M to expand its transportation network in emerging markets

TechCrunch

Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. billion ). billion, based on a 1.5x

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White-label SaaS shipping startup Outvio closes $3M round led by Change Ventures

TechCrunch

Outvio , an Estonian startup that provides a white-label SaaS fulfillment solution for medium-sized and large online retailers in Spain and Estonia, has closed a $3 million early-stage financing round led by Change Ventures. This is the startup’s first institutional round of funding after bootstrapping since 2018.

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Bob W, the ‘tech-driven’ hospitality provider, raises €10M in seed funding

TechCrunch

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. Revenue is also said to have grown by 80% in 2020, with the company putting a lot of marketing toward claims behind being more hygienic than many hotels.

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Sales CRM Pipedrive takes majority investment from Vista Equity Partners to reach unicorn status

TechCrunch

Founded in Estonia and now headquartered in New York, the company has taken a majority investment from U.S. When we entered the market in 2010, people asked us, ‘Why build a product in an area where Salesforce is already strong?’ “Pipedrive is now Europe and Estonia’s newest SaaS unicorn,” says Zennström.

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More venture funds are betting on Central and Eastern Europe

TechCrunch

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. But with new funds lured in by their startups’ talent pool, global mindset, and capital efficiency, this could be starting to change. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday?

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