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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. ”
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
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.
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.
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.
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.
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.),
There are plenty of competitors in so-called FMS (Farm Management Software), but so far no global dominant leader has emerged. Agrivi has raised $7.3 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.”.
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. “We developed a software that automates large parts of the relevant processes around global mobility,” explains Asmussen.
It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors. million commercial deliveries (up from 2 million in October 2021) and travelled over 3 million miles globally. It has now made more than 2.5
To help oversee this new initiative, Bird is promoting to two employees to its executive team: Renaud Fages is named head of global operations; and Brendan O’Driscoll will be head of product, growth and data, overseeing both Bird’s global product strategy and its implementation. Europe is playing a leading role”.
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 We saw an opportunity and raised the round.”. Clarifai raises $30M to give developers visual search capabilities.
But with new funds lured in by their startups’ talent pool, global mindset, and capital efficiency, this could be starting to change. Let’s explore. What do UiPath, Vinted and Wise have in common? Startup founders in Central and Eastern Europe will soon have more dry powder to chase.
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. “And then we now start having conversations with the really big global companies.
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. Since then, it has grown to over 100 cities, facilitated over 10 million rides, and raised cash at an unprecedented pace.
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.
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. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. Therefore, its significance is not to be underestimated.
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