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million in seed funding. Launched in Estonia in March this year and currently expanding to Poland, Rendin operates a long-term rental platform that promises to smooth out the process between landlords and tenants. Flatfair, the ‘deposit-free’ renting platform, raises $11M led by Index Ventures.
Today, one of the startups that’s built an interesting, very “hands-on” approach to addressing that problem is announcing a round of funding to expand its business. ” The company is likely also to use some of the funding for acquisitions in what appears to be a rapidly consolidating market.
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.
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.
Now, in a spot of perfect timing, a startup out of Talinn, Estonia, called Ready Player Me — which has built a popular platform for creating dynamic, animated avatars to use across virtual worlds built and operated by others — is announcing $56 million in funding to grow its business.
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. He added that “the data sovereignty aspect that plays an important role in choosing their cloud platform for many of the clients.”
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.
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.
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.
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. .
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 The Estonia-based startup’s “special sauce” is using AI-powered video to verify identifies. He told me: “We factor in user behavior.
Atomized , an early-stage startup that wants to create a modern tool to help developers deploy infrastructure faster, announced the first step of its funding journey today, a $500,000 pre-seed round from Zing Capital, Y Combinator and several unnamed angels. The product is in beta right now with 60 customers running on the platform.
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. “Manufacturers already have a tech stack of tools like e-commerce platforms, shipping tools, and accounting software,” Vilosius continued.
In January 2021, Prince Edward Island-based ScreenScape Networks was acquired by Spectrio for an undisclosed fee, then Halifax-based storytelling platform Wattpad was acquired by Naver in a deal worth $600 million. million USD) through its Atlantic Innovation Fund (AIF). million USD) through its Atlantic Innovation Fund (AIF).
Facetime : While Mark Zuckerberg is promising better metaverse avatars, Estonia-based Ready Player Me is delivering. million in seed funding led by Thiel Capital to connect women to the hormonal phases of their menstrual cycle for physical and emotional gain. Then get your tickets and book your flights — it’s gonna be awesome.
It’s about solving very specific pain points, reducing fragmentation, and serving as a single platform for everyone to connect and communicate. Spain, France, Germany and Estonia. “The platform is used by multiple actors, from riders to hub operators, fleet managers and heads of operations.”
” He spoke to CEO Zach Perret, CTO Jean-Denis Greze and COO Eric Sager about what they learned while working with Visa, and looked at some new platform features designed to build customer trust while eliciting better insights. Investors say Indian startup funding could get even hotter after record Q3.
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. The program, which is called Bird Platform, has led some operators to fall into deep debt, OneZero reported last year.
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. “With the funding, we want to accelerate our expansion in the UK, Ireland, Netherlands, Portugal & Spain, besides our core market Germany.
Dear Sophie, A few years ago, I moved my startup’s headquarters to New York from Estonia on an E-2 investor visa. Under your leadership, how much funding has your startup raised? Sophie’s podcast, Immigration Law for Tech Startups , is available on all major platforms. Remember, this is not the time to be humble.
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.
Now Estonia-based eAgronom , another FMS startup, has closed a $7.4 Given that agriculture is one of the major sources of global emissions today, with this funding, eAgronom says it aims to create a farming-based carbon credits platform. Agrivi has raised $7.3 million, Granular $24.9 million and FarmLogs $37 million.
So this generated a lot of uncertainty for investment funds to come to Spain. When you have this legal certainty and a tax treatment that is reasonable, you want to have more VC funds than others coming to Spain and accelerate the investments that we need in Spain in order to close the gap with other European countries.
Planet42 also received $10 million in debt funding from private investors. So far, the Estonia-founded mobility startup that offers rent-to-buy car subscriptions has bought over 12,000 cars for its customers in South Africa and Mexico. TLcom and 4DX drive $13.1M
The Tesla and SpaceX CEO first announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech. Even for one of the richest men in the world, $44 billion is a lot of money to cough up to buy a middling social platform. By October, the platform was his.
However, it is unclear whether OpenAI is developing an in-house tuning tool that is meant to complement platforms like Scale AI or serve a different purpose altogether. May 3, 2023 Hackers are using ChatGPT lures to spread malware on Facebook Meta said in a report on May 3 that malware posing as ChatGPT was on the rise across its platforms.
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