This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. “We started off in Eastern Europe and Africa because those markets had a bigger need. . billion ($8.4 billion).
Woola opened a production facility in Estonia and launched its first product in December 2020. Wool envelopes were the first products to hit the market. They’ve now a raised €2.5 It’s now expanding to the U.K., France and Germany. The next product rolling out in January 2022 is targeted at beverage companies.
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.
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.
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. For Planet42, it uses proprietary scoring algorithms to assess risk in underbanked customer segments. TLcom and 4DX drive $13.1M
Identity verification (IDV) provider Veriff , has raised a $100 million Series C round co-led by Tiger Global and Alkeon. The new financing will be used for growing the workforce, R&D, sales and marketing. The Estonia-based startup’s “special sauce” is using AI-powered video to verify identifies.
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 multiple on GMV of €3.5
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. Among others, it competes with ShippyPro , which runs out of Italy and has raised $5 million to date.
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.
The company — co-headquartered in New York and Tallinn, Estonia — has now raised more than $150 million overall, it said. We’re investing more into the company because of its extraordinary growth and momentum and the enormous size of the market opportunity.
Dan Michaeli, the co-founder and CEO who is based out of New York (the company has a substantial operation in Estonia too), said it will be used to continue developing its technology and expanding to address inbound interest for its services after seeing its revenues grow by 150% in 2020. billion) also participating.
Launched in a number of Nordics markets, and on the verge of opening properties in London, the startup seems to be weathering the pandemic, reaching occupancy rates as high as 90% at its existing properties in Estonia and Finland. 10 proptech investors see better era for residential and retail after pandemic.
After raising $215 million from SoftBank to double down on the surge of interest in online learning, Kahoot has made an acquisition to expand the scope of subjects that it covers. The startup was founded in Estonia and has 21 employees, with no “head office” as such, with the team spread across Estonia, U.S.,
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. .
Agrivi has raised $7.3 Now Estonia-based eAgronom , another FMS startup, has closed a $7.4 EAgronom is also the recipient of a $600,000 EU grant, and had previously raised $12 million in backing from investors. It will also expand to new markets (including outside of the EU), and improve its carbon tracking technologies.
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.
It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors. The addressable market for campuses that would likely use Starship’s services is around 400-500, he said, “but grocery is billions of dollars.
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.
. “With the funding, we want to accelerate our expansion in the UK, Ireland, Netherlands, Portugal & Spain, besides our core market Germany. We’ve been operating in these markets for a while and now look at strengthening our go to market across Europe.” Firstbase raises $13M to make remote work suck less.
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. Lightyear , a U.K. fintech startup that promises consumers commission-free trading on U.S.
The Santa Monica-based scooter sharing company announced that it will bring its battery-powered two-wheelers to 50 new cities on the continent in the coming months, in addition to growing its fleet in its current markets. The move comes as scooter sharing continues to perform strongly in Europe amid the ongoing COVID-19 pandemic.
With this new mechanism, fund managers should be able to raise a new fund more easily. And he strongly believes that the ability to raise large growth rounds in Europe will lead to large tech companies down the road. We are starting to see companies like Back Market or Ynsect that are better than American ones.
Internal combustion engines still rule the roost when it comes to powering automobiles, but there are signs that they’re trundling into oblivion, at least in some markets. ” And to help take things to the next level, the London-based company today announced that it has raised $3.5 Spain, France, Germany and Estonia.
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Central and Eastern Europe have had less venture capital at their disposal than their GDP or population could warrant.
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. Over this time the startup has expanded into 10 markets across Europe.
All this is happening in the midst of Series A raises, hiring and firing employees, acquisitions, and deciding whether to bridge or shut down the business. In the same way your firm might offer marketing or PR services to portfolio companies, coaching should be part of the package. How do I lead a team of 50 for the first time?
I reached out and connected with Felicity Kibble, the aquarium’s Visitor Experience Marketing Adviser, to learn more about their social program that has me and loads of people around the world enthralled. In our Penguin of the Month posts we elaborate on the stories of each bird to raise conservation awareness.
So we get on par with countries like France, Portugal, Estonia, Croatia, and the Netherlands. The Ministry of Economy is still working to understand and evaluate how these first sandboxes are helping the financial sector to let startups introduce and market their own products. We have recently started with financial sandboxes.
He then started Social West , a Calgary-based digital marketing conference that, before long, expanded to three cities. In 2017, Bird and the former CEO of Q1 Labs founded a new cybersecurity company, this one focused on public clouds, called Sonrai Security , which has since raised nearly $40 million in venture capital.
You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. We’ll cover every aspect of company building: Fundraising, recruiting, sales, product-market fit, PR, marketing and brand building. Proactive CEOs should prioritize European expansion.
with other markets to follow, tests can be ordered online and are carried out remotely with the promise of a certified result the following day for PCR tests and in under 90 minutes for antigen tests. Veriff raises $7.7M Initially targeting private individuals and businesses in the U.K.,
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content