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However , some venture firms have taken this up a notch by bringing founders to create a fund and invest together. Since the firm’s first fund launched in 2017, MAGIC has invested in 70 companies at pre-seed and seed stages across these emerging markets. MAGIC Fund has 12 founders who act as general partners.
While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications.
It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the Czech Republic, Hungary and Austria — as well as to break into Germany, Poland, Romania and other countries in the near future. We understand from sources it is around $600 million. For example, Ocado here in the U.K.,
The firm has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy across its focus areas: sustainability and technological innovation in the construction, real estate and manufacturing industries. Sebastian Peck and Talia Rafaeli are heading up the new sustainability fund for Kompas.
Robotics company 1X Technologies (1XT) made headlines earlier this year after securing over $100 million in backing from OpenAI and EQT Ventures, Europe's most prominent technology startup-based capital fund. The support helped to put the Norwegian firm and its latest robot creation, Neo, in a position to compete with industry.
His focus is early-stage technology investments, particularly in HR tech, robotics, and healthcare industries. The United States and China have long been ahead of the pack when it comes to robotics funding. and China between 2021 and 2022, Europe has seen a far more modest decline, only dropping 5% in the same period.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and Europe and helps protect the reputation of the fintech industry. and Europe and helps protect the reputation of the fintech industry. It will also double down on existing markets such as the U.K./Europe.
Elevation has been a nonprofit partner since 2007 and currently supports more than 200 different organizations in Europe and the Americas. If you’re a nonprofit, the Google Ad grant offers up to $10,000 of funding every month for Google advertising. Is the Google Ad Grant Right for My Organization?
A few years ago, when you could read ‘machine learning’ and ‘artificial intelligence’ in every single pitch deck, some startups chose to focus on the financial industry in particular. But what about legacy players in the financial industry? They could use that data to train new models and roll out machine learning applications.
His startup, Terraform Industries , aims to operate at these ambitious scales. It’s more than a little mind-boggling, given that the startup is scarcely two years old, with fewer than 15 people on payroll and around $11 million in funding. to the global automotive industry,” the white paper says.
As the market swoons, venture capital firms continue to announce new funds. Meanwhile, I corresponded with three firms about their funds and any concerns that limited partners had brought up during the fundraising stage. Last month, Alaya had the first closing of $80 million in capital commitments for its third fund.
Google has selected 30 startups to receive a share of its $2 million Black Founders Fund in Europe, providing these companies with a spot of cash, some valuable cloud services and a bit of good old-fashioned networking among the Google crew. I’ll update if I hear back.).
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem said today that it has raised nearly $54 million (€50 million) for a new European seed fund. The next step is a proper seed fund with more capital. We are going to have an exclusive focus on seed.
The six-year-old company, which has raised upwards of $40 million in venture funding and served over 2 million students, is now being used across more than 1,800 districts and in 3,000 schools. Explore the full 2025 list of Fast Companys Most Innovative Companies , 609 organizations that are reshaping industries and culture.
and Europe are on a mission to bring some of that industrial work back to its own shores. Today, a startup that believes it can help with that shift is announcing some funding. This is an area that those making larger machines for bigger industrial clients had yet to address, he said. annually on average.
Packaging is a trillion-dollar-per-year industry that, by and large, has some sustainability challenges. million seed funding round led by TenOneTen Ventures, taking its total funding raised to $3.3 The company declined to share its valuation or other details about the funding round. The company raised a $2.5
AMP Robotics , a Denver, Colorado-based startup creating robotic systems that can automatically sort recyclable material, today announced that it extended its Series C round to $99 million, thanks to an investment from Microsoft’s Climate Innovation Fund. The recycling industry contributes nearly $117 billion to the U.S.
And it’s evident that proptech, unlike other industries, has lagged in utilizing social media to make sales. million in pre-Series A funding. Flow intends to use the funding to include other social media platforms such as TikTok and LinkedIn and other advertising channels like digital out-of-home billboards.
As a German startup, LiveEO is one of a small but growing group of startups in Europe capitalizing on increasing interest in space among investors in recent years, despite the wider pressures on tech finance. LiveEO’s platform addresses a specific gap between space tech and enterprise data. We make it accessible and usable.”
NeoCarbon , a Berlin-based climate tech startup that’s taking a retrofitting approach to scaling direct air capture (DAC) devices for uptake of CO2 emissions has nabbed pre-seed funding. Or indeed the really tiny units you might find on a shopping center or office building.)
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. The new funding follows a year of strong growth for Darwinbox. Why can’t vendors from the US or Europe continue to dominate here?
million (€15 million) in funding in a seed round led by Lowercarbon Capital. We are proud to support Francesco Volpe and his team in the emergence and industrialization in France and in Europe of a disruptive solution in energy production and distribution technologies. The company recently raised $16.4
The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so smack in the middle of a climate-tech dealmaking boom. ” Materially, the firm invests in tech that could help decarbonize transportation, industrial processes, energy and buildings. So, if anything, it’s trendy.
The AI industry hit a significant bend in the road toward artificial general intelligence in 2024. And all the while a small AI lab in China was quietly developing new AI models, including reasoning models, that would begin sending shockwaves through the AI industry by the end of 2024. The rest of the industry has followed its lead.
And Heura is taking credit for 80% of local plant-based category growth (although it should be noted that Spain remains one of Europe’s biggest consumers of animal-based meat so growth of alt-proteins is starting from a low base). And today it’s announcing a new €20M bridging funding round, ahead of the expected (beefier) B.
Funds that participated in the latest round included 4Di Capital, Octerra Capital, VestedWorld, Voltron Capital, Logos Ventures and several other angel investors, bringing the total capital raised by the Lagos-based startup to $2.5 or in Europe have the opportunity to sell significant chunks of their debt portfolios to third parties.
Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups. This fund grew again by €34 million in April 2021 , and after deploying investments into 28 climate-forward companies, the investor this week announced it has officially closed its second fund.
BeeHero has been growing fast since its debut and seed round last year, and $19M in new funding means it can scale beyond its initial markets and find more uses for its one-of-a-kind collection of data collected from thousands of active honeybee hives. This is not an effective way to strategize your pollination.
Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. million in funding.
The industrial biotech startup is working on bringing a novel protein to market — one it says will offer a nutritious, sustainable alternative to animal-derived proteins. Europe’s energy crisis bites. Russia being a major but unreliable supplier of gas to Europe.).
For context, there are no shortage of vehicle management systems out there already, from Automile and Fleetcheck to Webfleet , but Papaya is hoping to set itself apart with its specific industry focus on smaller EVs that are likely to be used by last-mile delivery companies and such like.
One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., has raised $10 million in a funding round led by the South Korean gaming company Krafton. The Krafton-led, all-equity Series A funding round also saw participation from Peer Capital.
However, in Europe the problem has always been particularly acute. How many large European industrial or corporate giants acquire or acqu-hire? Now a new, but slightly different, German Private Equity fund hopes to solve at least part of the problem, and at least in Germany, which will be its main focus.
Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Series B funding. million in Series A funding. Researchers simulate a ransomware attack on industrial controls.
One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. This gives the company $46 million in total funding, Roy Danon, co-founder and CEO of Buildots, told TechCrunch. Germany, Switzerland, Scandinavia and China.
is the latest startup to grab some venture capital dollars as the travel industry gets back on its feet amid the global pandemic. million to bring spontaneous travel back to a hard-hit industry and Wanderlog bag $1.5 million to bring spontaneous travel back to a hard-hit industry and Wanderlog bag $1.5 YouTravel.Me
The company on Thursday announced $100 million Series C funding toward creating additional healthy snacks and ice cream products that have a proprietary blend of sweeteners and ingredients, but with a fraction of the calories and no added sugar. The latest funding gives the company $160 million in total investments, Carlos Altschul, N!
And this is something that London-based generalist VC firm Playfair Capital knows all about, given its focus on backing super young startups that have yet to make much of a ripple in their respective industries. “That’s where we like to look,” Smith said.
million in seed funding. For finance teams, the B2B payments startup automates invoice generation and processing, receiving and approving bills, collecting and disbursing funds, and completing account reconciliation. and Europe; Oyekola said settlement time ranges from 24 to 48 hours.
French startup ManoMano has raised a Series F funding round of $355 million led by Dragoneer Investment Group. Following today’s funding round, the company has reached a valuation of $2.6 Following today’s funding round, the company has reached a valuation of $2.6 It is currently available in six European countries.
million in seed funding. Better Dairy says it will use the funds to accelerate its R&D efforts with the aim of commercialising its first products by early 2022. Better Dairy , a U.K. startup developing animal-free dairy that was founded out of Entrepreneur First (EF), has picked up £1.6 That’s where Better Dairy comes in. “We
Wolt , the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in new funding. Previous backers 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment Partners also followed on.
But it might come as a surprise to learn that many in the industry believe that the story is just beginning and the sector is poised to achieve much more, with fintech’s next decade expected to be radically different from the last 10 years. Long before the pandemic, the way in which banks were regulated was changing. Serving SMEs. If the U.S.
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