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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. ”
Rendin , an Estonian proptech startup that wants to improve the home rental experience, including offering a no-deposit feature, has raised €1.2 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.
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.
Woola opened a production facility in Estonia and launched its first product in December 2020. They’ve now a raised €2.5 These wool-based packages can be reused, repurposed, or returned by the end user, with the ultimate goal of making the solution “closed-loop” so nothing goes to waste. It’s now expanding to the U.K.,
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. ” Katana, an ERP for SMB manufacturers, raises $34M by Paul Sawers originally published on TechCrunch. Shopify and WooCommerce), accounting (e.g.,
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.
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
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. It became carbon-neutral certified in 2021. TLcom and 4DX drive $13.1M
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.
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.
The company — co-headquartered in New York and Tallinn, Estonia — has now raised more than $150 million overall, it said. Insight and Wildcat are previous backers, including in Glia’s $78 million Series C round in January 2021.
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.
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.
Woola (Estonia), Papkot (France), Biotic (Israel), FunCell (France) and Traceless (Germany). It’s now raised a £3 million seed round led by Ecovative Design LLC with participation by Dale Vince, founder of Ecotricity (a green energy company in the U.K.); Just take a look: Circleback (Germany), Recup (Germany), Sourceful (U.K.),
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.,
But the close connection Facebook Dating has to the rest of the company’s products has raised concerns in the past. Facebook touts the service’s privacy features, with many of its more personal matching tactics entirely optional.
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. .
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.
Agrivi has raised $7.3 Now Estonia-based eAgronom , another FMS startup, has closed a $7.4 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. million, Granular $24.9
It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors. It also butted heads around that time with city regulators in San Francisco, and it has yet to return to that city.
On the competitor front, Asmussen names Estonia-headquartered Jobbatical as its closest rival for relocation support with the same digital focus. Firstbase raises $13M to make remote work suck less. Malt raises $97M at a $489M valuation for its freelance marketplace for developers.
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.
Most recently, it raised $182 million in December at a significant hike to its previous valuation (which had been $1.9 Bolt raises $182M to expand its on-demand transportation network in Europe and Africa. Bolt, the European on-demand transport company, raises $109M on a $1.9B billion ). billion, based on a 1.5x
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 company has since launched Bird Platform in countries like Switzerland and Estonia, cheering investors who hope it will lower Bird’s labor and capital expenses. In January, The Information reported that Bird was nearing a deal to raise more than $100 million in convertible debt from some of its existing investors.
Facetime : While Mark Zuckerberg is promising better metaverse avatars, Estonia-based Ready Player Me is delivering. Andreessen Horowitz led the company’s recent $56 million raise into the company that is building dynamic, animated game avatars for virtual worlds, Ingrid writes. The company raised $9 million. See you there!
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. These funds are Eurazeo and EQT — a French fund and a Swedish fund.”. More countries should join the list soon.
Since then, it has grown to over 100 cities, facilitated over 10 million rides, and raised cash at an unprecedented pace. The company has since launched Bird Platform in countries like Switzerland and Estonia, cheering investors who hope it will lower Bird’s labor and capital expenses.
” 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. million from a slew of institutional and angel investors. ” Papaya is already live in five markets, including the U.K.
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? Extra Crunch members receive access to weekly “Dear Sophie” columns; use promo code ALCORN to purchase a one- or two-year subscription for 50% off.
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. And when a problem is work related, it’s often a communication or psychological issue: How do I face my fear of failure? How do I lead a team of 50 for the first time?
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. ” Localyze raises $12M for a SaaS that supports cross-border hiring and relocation. .
Following the success of the Penguin of the Month program, we raised the bar higher to engage with our online followers from around the world by giving them the opportunity to vote for their favourite with our Penguin of the Year. 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. Spain’s Factorial raises $80M on the back of strong traction for its ‘Workday for SMBs’ Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace.
You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. Proactive CEOs should prioritize European expansion. Early Stage is the premier “how-to” event for startup entrepreneurs and investors.
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. Sandy co-founded Q1 Labs and then, after the acquisition, became the CTO of IBM’s security division.
Veriff raises $7.7M Kreindler also says it’s not just about individuals and that Certific has worked with academics in Estonia, North America and in the U.K. In addition, medical director Kreindler has experience with anti-doping in close-combat sports.
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