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Snoop Dogg, rocked the stage at Sunday’s Super Bowl, and now his Casa Verde Capital team is pumping new funds into Frankfurt-based Cansativa Group , touted as the “largest medical cannabis distributor” in Germany. It also distributes equipment and ancillaries to pharmacy customers throughout Germany. Calvin Broadus, a.k.a.
charitable market works, its scope, where potential competitors and collaborators are, and how to overcome hurdles. Selecting one of four legal paths to raise funds from them. Presented by: Elizabeth Ngonzi , Adjunct Faculty at New York University Center for Global Affairs and Former CEO of Afrika Tikkun USA. million U.S.
Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. This will also require a purpose-built charging grid, which Einride said it will create along Germany’s most important commercial routes and neighboring trade regions.
SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed SumUp itself. All rights reserved.
Today it announced it expanded into Germany and raised a drawer-full of cash to expand its marketing and to reach into additional European countries. million round, which includes Serpentine Ventures, Session.VC , Tomahawk.VC , Pioneer Fund, and DD Venture Capital. Previously, Pabio raised a $1 million pre-seed round.
Stenon , an agtech company that has a real-time soil-sensing solution, has raised a $20 million Series A funding round from Founders Fund, David Friedberg’s The Production Board and existing investors including Cherry Ventures and Atlantic Labs. The Stenon technology is patented, certified and live in 20 countries.
Denis Kalinin works at venture fund Runa Capital as Asia Business development manager, devoted to connecting the Western and Asian VC worlds and bringing long-term value to both. and 11 years in Germany. and 11 years in Germany. In which areas can Chinese funds bring the most value? funds, but three times that of U.K.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. It will also double down on existing markets such as the U.K./Europe. Asked what the upside of the Wirecard acquisition was, the Railsbank founder says it helps maintain an orderly market in the U.K.
million in additional funding. Cledara picks up pre-seed funding to help companies manage their SaaS spending. France, Ireland, Germany and Spain. We will be growing the team 4x before mid next year across all parts of the business — support, success, product, engineering, compliance, marketing and sales.
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 Recommendations and advice will be key to gain market shares.
“In this round, it was important for us to bring in strategic money — money is important, funding is important and this is our way to scale — but also, in this market, strategic partners are important. So what we care about is where the main markets of enterprises that will adopt quantum computing are.
The proptech marketing platform is announcing that it has raised $4.5 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.
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. “The digital marketing world is growing very fast and the demand for highly-skilled professionals is constantly increasing,” CEO Khlebinsky said.
European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money valuation of $4.5 Moreover, this also allows Wefox to enter new markets more quickly. This represents a 50% increase on last year’s $3 billion valuation at its Series C round. and Asia in 2024.
million in a funding round led by Sequoia India and Southeast Asia’s Surge as it plans to expand the market for its medical imagery annotations solution. and Europe for marketing its tools. Sharma said RedBrick AI plans to utilize the fund to go beyond its current customer base and reach enterprises.
Wefox , the German insurtech startup, has closed a new funding round from existing investors. The funding amount isn’t going to impress anyone as the company managed to secure $55 million. Many startups are struggling to raise funding rounds or have to lower their valuation. Wefox secures new funding at $4.5
Refurbed , a European marketplace for refurbished electronics which raised a $17 million Series A round of funding last year , has now raised a $54 million Series B funding led by Evli Growth Partners and Almaz Capital. Other players in this space include Back Market (raised €48 million), Swappa (U.S.) and Amazon Renew.
The funding, which brings Finn’s valuation to “more than $500 million,” comes at a time when consumers are starting to shift away from traditional car ownership models like leasing or financing. and Germany and invest in its technology platform. Finn only launched in the U.S.
The US one of the few markets where you can achieve decent scale, as well has have the potential to exit either trough a sale to one of the global tech platforms, or to the public markets. This is an unusual use of PE funds, and puts FLEX into a slightly different category to the average PE outfit.
The e-commerce boom that started with the Covid-19 pandemic shows little sign of slowing down, and today a company called Shopware , which provides a set of open source tools to power online shopping experiences for some 100,000 mid-sized and larger brands, is announcing $100 million in funding to capture the opportunity.
A lot of funding announcements came out last year, and people were buying at the peak of COVID pricing, but now aggregators are starting to fail, and we are purchasing assets from some of them,” Isakow told TechCrunch. It now gives the company $180 million in total funding, Isakow said. The credit facility is from Victory Park Capital.
VC funding into Europe (including the U.K.) But Europe isn’t the only place where VC funding didn’t decline. The Exchange explores startups, markets and money. It is also worth noting that Europe accounts for a much larger portion of global funding than Africa. Germany: $2.9 Asia, and Latin America.
But in Germany, B2B Payments company Mondu has emerged as a significant entrant to the market. based venture capital fund Valar Ventures and will use the funding to expand into more European countries later this year. which is bigger than the global consumer BNPL market.”. Mondu will have to expand quickly.
Amagi, which offers cloud broadcast and targeted advertising software to scores of media and entertainment giants, has raised a large new funding round as it looks to expand its tech offerings and invest in AI-powered personalization stack. The Series F funding has propelled Amagi’s valuation to $1.4
Venture capital (VC) firm Lifeline Ventures today announced a fresh €150 million ($163 million) fund aimed at early-stage startups across Finland. With its new fund, the company says it will look to make investments ranging from anywhere between €150,000 and €2 million. billion for a majority stake in 2016. . when invited to do so.
Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization and HR. European, North American edtech startups see funding triple in 2021. Global VC funding into edtech startups totaled $6.5
A month later, “Axie Infinity” itself announced funding from the firm. His cofounder, Jason Yeh, spent the last four years as the founder of his own investment firm in Berlin, Germany and before that, worked for eight years at Riot Games, including as its head of EU Esports. TC: Are there any institutions involved?
One of the big leaders in buying up and scaling third-party merchants selling on Amazon and other marketplace platforms is announcing a major round of funding today as it continues to expand its ambitions. Upper90, funds managed by Oaktree Capital Management, L.P., It said that it’s currently on a rate of buying 1.5
Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. So far it has concentrated on the lucrative European market. The European logistics and freight sector has a market size of $427 billion. The whole digital freight forwarding market is booming.
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.
” Going forward, it will focus instead on its home market of Germany, as well as France, the Netherlands, the UK and the US, which it says collectively account for 90% of its revenues currently.The announcement came on the heels of a report in the German press last night about the layoffs. Apparently others have also looked. (It’s
This round comes after a previously unannounced $5 million seed round which closed earlier this year, bringing the company’s total funding up to $17 million. Anomaly will use the funds to grow the team (the company currently has 12 employees), and scale up their business by partnering with more insurance companies and healthcare systems. .
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. France, Spain, Germany, Ireland, Austria, Italy and the Netherlands,” Vaccino said. We have between 90 and 99% coverage in the U.K.,
The seed round, which Pop Market claims is the country’s largest seed raise to date, was led by Global Founders Capital and 468 Capital. Squeezing that gap by delivering a slicker grocery service to Greeks — fulfilled through its own network of city center dark stores — is Pop Market’s first focus.
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. upr, Rohlik CEO and founder, told TechCrunch in an interview.
Gorillas , a grocery delivery startup that operates its own hyper local fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Probably one of European tech’s worst kept secrets this year, the round is led by hedge fund Coatue, with participation from other unnamed European investors.
Augmented reality headsets have been around for years, but none of the market players has really expanded beyond the techy demographic and broken into the mainstream. Japan, South Korea, Spain, and Germany. Japan, and Korea, though the company expects China to grow soon to be one of its top markets.
-based Amadeus Capital Partners and Austria’s Apex Ventures are pooling their collective venture capital (VC) resources for a new fund specifically targeted at early-stage deep tech startups. “The partnership also allows for early-stage investments in other European markets outside the U.K.,
The check sizes are bigger, the market more mature, the ambition oversized. There are more funds, more options, more opportunities, more, more, more. It’s quite easy to harp on the dismal funding and often discriminatory treatment that Black founders receive in the U.S. Despite, well, everything, the U.S.
TechCrunch spends time each quarter covering the startup markets of the world. For example, while it’s good to consider Europe’s venture capital and startup tallies each quarter, we also need to compare, say, France and Germany to truly understand what is driving results on the continent.
Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down. billion ($2.85 billion post-money). billion ($2.85 billion post-money).
StudentFinance , a European fintech that funds educational programs for individuals through so-called income share agreements , has raised €39 million ($41 million) in a Series A round of funding. “We also use data from analyzing systemic and market changes such as government incentives for companies to become ‘greener.’
Japanese startup ispace has raised $46 million in a fresh round of Series C funding as it looks to complete three lunar lander missions in three years. The funding will go toward the second and third of the planned missions, scheduled for 2023 and 2024. Ispace’s total funding now stands at $195.5
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