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As we get into our dive into Q3 2021 venture capital numbers, one region in particular has our attention: Europe. While venture capital gains in markets like India, Latin America and the larger African startup ecosystem have proved impressive, Europe has posted strong results of its own. Let’s talk Europe!
The conversational commerce market is fairly substantial too, with China’s WeChat reportedly facilitating $250 billion in transactions in 2020 alone. million seed round of funding it raised last year. Conversational commerce comes to Europe. And longer term, it sees itself extending to markets elsewhere.
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. which is listed here but is run like a startup) raised more than $1 billion.
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).
Europe, long viewed as a relative backwater to the U.S. startup market, has been on a tear in recent quarters and years. Akin to many startup markets around the world, Europe has seen its venture capital totals rise, its unicorn ranks swell, and even a few major public exits. Let’s rock. Good news for 2022 European exits.
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. Central and Eastern Europe have had less venture capital at their disposal than their GDP or population could warrant. Startup founders in Central and Eastern Europe will soon have more dry powder to chase. Want it in your inbox every Saturday?
Moove , an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. It is a problem faced across many emerging markets. Moove is targeting seven new markets across Asia, MENA and Europe over the next six months. “As
Too Good To Go , the startup that lets you buy food right before it goes to waste, is raising a $31.1 While the company has been around for a while, this is the first time Too Good To Go is raising money from a VC firm. Just like in Europe, billions of pounds of food go to waste. million round. million as part of today’s round.
One may be tempted to point fingers at Nvidia and AMD for the chaotic GPU market we've experienced for the last two years, but according to analyst Jon Peddie, it was mostly distributors and retailers who raised prices to unaffordable levels.
Perhaps an exception to this oft-repeated phrase, in my experience, is Entrepreneur First out of London/Europe (but now also in Asia), and even then that entity is slightly closer to a pre-accelerator in the way it assembles talent before it assembles the startups (although it does also fund its startups). Of course, “your mileage may vary.”
French startup ManoMano has raised a Series F funding round of $355 million led by Dragoneer Investment Group. We operate in Europe and we are the industry leader in online sales,” co-founder and co-CEO Philippe de Chanville told me. and Germany in particular — they are Europe’s two biggest markets for home improvement and gardening.
Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Former Spotify marketing exec-turned-VC Sophia Bendz on her love of early-stage investing. million in seed funding.
One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Buildots went after new funding once it was able to show product market fit and was expanding into other countries. Buildots raises $16M to bring computer vision to construction management.
Fintech startup Yapily has raised a $51 million Series B funding round led by Sapphire Ventures. The company has been working on a single, unified open banking API for several European markets. Due to recent regulatory changes in Europe (PSD2), banks now have to offer official APIs to integrate with third-party services.
As it’s the last day of the first quarter, we’re too antsy to wait any longer to see what’s been going on in Europe. In the wake of Techstars’ decision to leave the Swedish market, we looked at Sweden’s startup scene earlier this week following a glance at what is happening in the United States. Let’s talk Europe.
Clear Street , which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation. New York-based Clear Street raised the first tranche of the round in May of 2022 at a $1.7 billion valuation. Sign up here.
Playter has raised backing to do this, as has Hokodo, Billie and Tranch, to name a few other players. But in Germany, B2B Payments company Mondu has emerged as a significant entrant to the market. Mondu has now raised a $43 million Series A round led by U.S.-based The company has now raised $57 million to date.
That pivot has proven to be a smart move for the company, which today announced it has raised $275 million in a Series F “growth” funding round at a $7.25 With the latest round, the company has raised a total of $1.3 TripActions raises $155M at $5B valuation as corporate travel recovers from pandemic lows. billion valuation.
However, data from 2022 is showing that these innovation hubs may have some serious competition as the investment landscape in Europe is starting to outstrip robotics’ biggest players. Whilst in the past robotics has seen a similar dynamic, based on 2022 data, investors are starting to place their bets on an up-and-coming contender: Europe.
Europe and Asia, including Michael Novogratz’s, participated in the round. In total, Alerzo has raised more than $20 million since its launch. “Growing up in Ibadan, I watched my mother operate two informal retail stores to raise my three siblings and me. The company is announcing a $10.5
Walnut raised $15 million in Series A funding, led by Eight Roads Ventures, to continue developing its sales experience platform. Vilner told TechCrunch that while at a previous company, he was building a category called technology marketing in Israel. Founders Yoav Vilner and Danni Friedland started the company in July 2020.
The raise comes after Pula closed $1 million in seed investment from Rocher Participations with support from Accion Venture Lab, Omidyar Network and several angel investors in 2018. . or Europe with typically large farms, an average insurance premium is $1,000. Agriculture insurance has traditionally relied on farm business.
GoStudent — the Austria-based late-stage tutor marketplace that has raised $686.3 The acquisition gives GoStudent a substantial offline presence, a ready-made market for its online offering and the ability to cater to families that prefer their children participate in group or real-world, centre-based classes.
Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper into Europe. The company has raised €60 million in equity ($65 million at today’s rates). All rights reserved.
and Europe, today announced that it has raised $65 million, with $50 million of those as a Series B funding round co-led by Albacore Capital Group and $15 million in convertible notes. The company, which previously raised a $20 series A round in 2021, now has a valuation of $300 million. In the U.S., In the U.S.,
In the latest development, Bumpa , one of them which says it is building the infrastructure to power online commerce and enable African small business owners to start, manage and grow their businesses from their mobile devices, has raised a $4 million seed round. . The play is similar to what Charles has in Europe. The Bumpa app.
Homa Games is raising a $50 million Series A round led by Northzone. The company is raising this Series A round just seven months after raising its seed round (led by Headline and Eurazeo). Just days after Voodoo acquired Beach Bum , another French mobile gaming company has news to share.
French startup BlaBlaCar has raised a new $115 million funding round (€97 million). If you’re not familiar with Avito, they specialize in classified ads for the Russian market. Even if BlaBlaCar doesn’t go public right away (or doesn’t raise), there’s a clause with a time frame. Existing investor VNV Global is leading the round.
Retail Rocket , a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. New York-based SailPlay had raised $3.3 “We were impressed with the company’s results given the limited amount of investment they raised.
French startup Homa Games has raised a $15 million seed round led by e.ventures and Idinvest Partners. Homa Lab helps you learn more about the competitive landscape with market intelligence and testing tools. The company has built several in-house technologies that can take a game from a prototype to an App Store success.
Ayoken, an NFT marketplace for creatives, has raised $1.4 MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy. We also have a marketing agency to help these creatives succeed in their first NFT drops,” said King.
Medwing , a European startup building a recruitment marketplace for healthcare workers, has raised €44 million ($47 million) in a Series C round of funding. where the likes of ShiftMed recently raised $200 million ; Nomad Health secured $105 million ; Incredible Health nabbed $80 million ; and Vivian Health drew in $60 million. .”
Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. To date, Sennder has raised more than $260 million, allowing it to lay claim to a potential $1 billion valuation. So far it has concentrated on the lucrative European market.
Berlin-based micro-mobility startup Tier has raised a significant Series C round of $250 million. the company has been expanding rapidly across Europe. It’s also hard to predict how the market will evolve due to the ongoing COVID-19 pandemic. Portfolio companies include Nuro, Getaround, GetYourGuide, DoorDash, Grab and WeWork.
that creates digital banks in emerging markets, confirmed to TechCrunch today that it has raised $7.4 Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. In Eastern Europe, for instance, Ukrainian neobank Monobank, in just the years of operations, has amassed over 4.5
Originally from Turkey, Getir has quickly expanded its service across Europe and the U.S. That’s why these instant delivery startups have been raising mega rounds of funding. The company covers 48 different cities for all other markets — the U.K., The company covers 48 different cities for all other markets — the U.K.,
An ambitious Chinese startup wants a slice of the flourishing global work automation market. The two met through the startup’s investor Cathay Innovation , and the acqui-hire will pave the way for Laiye’s entry into the Europemarket, said Wang. Laiye has aggressive goals for global expansion.
The company has raised a total of $16 million since its 2018 inception. . In Japan, where the real estate market is fragmented, homeowners have faced uncertain selling prices riddled with brokerage fees and an average selling period of between four and eight months, Ito said. Opendoor raises $300M on a $3.8B million in debt.
Ardoq is based out of Oslo and about 30% of its enterprise client base is in the Nordics; the rest is spread between Europe and the U.S. This is a significant round for Ardoq, which had up to now raised less than $40 million since being founded in 2013. The full list includes the likes of Carlsberg, Condé Nast and the U.S.
Today, one of such, MAGIC Fund , a global collective of founders, is announcing that it has raised a second fund of $30 million to continue backing early-stage startups across Africa, Europe, Latin America, North America, and Southeast Asia. They are precious when startups are trying to figure out product-market fit.
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. And that is basically why Einride is having to raise such a large pot of financing now, having already raised around $150 million since its inception including its $110 million Series B last year.
Ottonomy.IO , a startup working on solving delivery problems using autonomous robots, has raised $3.3 million in a seed funding round as it looks to expand its market and deploy robots to existing customers. offers are developed in India, the company doesn’t consider the country its potential market. Ottonomy.IO
a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. We concluded that Productfy has the only market-ready solution to be sold to customers,” Khranyan told TechCrunch. “We Productfy Inc. , billion valuation.
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.
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