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

TechCrunch

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. billion ($8.4 Bolt now has more than 100 million customers in 45 countries and 400+ cities using its services. ”

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Identity verification provider Veriff raises $100M Series C co-led by Tiger Global and Alkeon

TechCrunch

Identity verification (IDV) provider Veriff , has raised a $100 million Series C round co-led by Tiger Global and Alkeon. The Estonia-based startup’s “special sauce” is using AI-powered video to verify identifies. The new funding means the company is now valued at $1.5

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Woola raises €2.5M seed led by Future Ventures to replace bubble wrap with wool

TechCrunch

Woola opened a production facility in Estonia and launched its first product in December 2020. They’ve now a raised €2.5 Woola says this is enough to fulfill 120% of the global bubble wrap demand. Wool envelopes were the first products to hit the market. It’s now expanding to the U.K., France and Germany.

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South African car subscription service Planet42 raises $100M equity, debt

TechCrunch

Planet42 , a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors. Planet42 also received $10 million in debt funding from private investors. It became carbon-neutral certified in 2021.

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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. “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.

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Glia raises $45M at a $1B+ valuation for an AI-based CRM that lets agents get hands-on to help

TechCrunch

The company — co-headquartered in New York and Tallinn, Estonia — has now raised more than $150 million overall, it said. Publicly traded RingCentral has hundreds of multinational customers, and so Glia will likely be investing more into building services to address that global clientele.

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UK’s Magical Mushroom Company uses mycelium to replace plastic packaging

TechCrunch

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). Woola (Estonia), Papkot (France), Biotic (Israel), FunCell (France) and Traceless (Germany). one • five (Germany), Shellworks (U.K.),

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