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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.
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. They upload a floor plan and take some photos, and Pabio generates a 3D model of their apartment, furniture and all. “Furniture used to be high quality.
million in additional funding. Part of Cledara’s revenue comes from interchange fees via said card spend, along with employing a SaaS model itself with paid subscriptions. Cledara picks up pre-seed funding to help companies manage their SaaS spending. France, Ireland, Germany and Spain. Image Credits: Cledara.
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.
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. .
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
The heated race to develop and deploy new large language models and AI products has seen innovation surgeand revenue soarat companies supporting AI infrastructure. Lambda Labs new 1-Click service provides on-demand, self-serve GPU clusters for large-scale model training without long-term contracts. in Ehningen, Germany.
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
million in funding. Augustinus investment fund, and comes just 8 months after announcing its €6 million Series A. Existing investors, and the Spanish VC Aldea Opportunity Fund also participated. The service is currently live in Germany, Denmark and carious Spanish speaking markets. The round is led by Chr.
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.
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. It is in talks with partners, mainly property portals and CRM platforms, to expand into Europe (France, Germany, Belgium and the U.K.)
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
Hepster , an insurtech platform from Germany, has raised $10 million in a Series A funding round led by Element Ventures. The funds will be used to broaden the Hepster insurance ecosystem and scale up its network, with an emphasis on automation. So there is huge market potential in Germany I think.”
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. raised $20 million.
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?
Thus, the buy now, pay later business model is now expanding into this B2B world at a rate of knots. 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.
Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. Sennder directly connects enterprise shippers with trucking companies, thus disintermediating the traditional freight model. It says it will move over 1 million truckloads this year.
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.’
French startup Matera has announced that is has raised a new $43 million (€35 million) Series B funding round led by Mubadala Capital. With today’s funding round, Matera plans to expand to Germany. By the end of 2021, Matera wants to manage 6,000 buildings including 40 in Germany. Overall, 60,000 owners use Matera.
million) in Series A funding from South African investment company Base Capital. This is OfferZen’s first round of funding since Philip Joubert , Malan Joubert and Brett Jones founded the company in 2015. and Germany, which are prominent hubs for global talent. The first is a pay-per-placement model with a one-off 12.5%
French startup In&motion has raised a $12 million (€10 million) funding round led by Upfront Ventures with 360 Capital also participating. There’s also a subscription component with unlimited warranty and the ability to replace the In&box device with a new model after three years. Image Credits: In&motion.
” 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.
Gorillas , the Berlin-HQ’d startup that promises to let you order groceries and other “every day” items for delivery in as little as ten minutes, has raised $290 million in Series B funding, at a valuation that surpasses $1 billion. billion in funding at a whopping $8.9 Noteworthy, Gorillas CEO and co-founder Ka?an
A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. The funding is coming in the form of €45 million in equity and €15 million in venture debt.
million (and attained a €3 billion valuation) to date — has acquired Germany-based Studienkreis , a traditional tutoring company, founded in 1974, which is focused on the German-speaking “DACH” region. Earlier this year GoStudent raised a $340 million Series D funding round to push into international markets.
Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning model, but at the same time, it can be time-consuming and tedious work. Japan and Vietnam.
A new-ish player in this space is Equipme , out of Germany, which bills itself in this XaaS manner. in a seed investment round led by La Famiglia VC , out of Berlin, the €250M fund raise for which we covered just last month. Germany’s XaaS platform Equipme secures $3.8M It’s now secured $3.8M
Germany and the UK came out first and second, respectively). While they can withdraw those funds from the business the next day, local founders must still secure decent backing to even begin the work. Fundraising platforms such as Investiere have boosted the angel community support of early funding rounds. More than 50%?
Zaya Care , founded by Leoni Runge , operates here in the States but is modeled after the European maternal care system, and wants to change things. The startup’s CEO Runge grew up in Germany, where her sister is a OB/GYN. Cityblock co-founder discusses why an affordable, human-centered healthcare model works.
More money for casual job-matching in Europe: Zenjob , a marketplace platform that targets students looking for side jobs in sectors like retail, logistics and hospitality and promises to connect them with employers in need of temporary labor, has closed a $50 million Series D round of funding.
million seed round of funding to fuel planned rapid expansion — both within Germany and across Europe. “Paris, Amsterdan, Brussels, London,” says co-founder Ralph Hage, reeling off the list of likely first-candidate cities for its service outside Germany. “This is how the business model will evolve.”
Getir, Gorillas, Flink and a cohort of startups tried to popularize a new model for grocery deliveries. But restrictions were lifted, VC funding dried up and some cities put some restrictions on dark stores. Germany, France, Italy, Spain, the Netherlands and Portugal. It operates in the U.S. and the U.S.
In many cases we have observed, the founders have given away too much equity to their first investors — typically angels and family offices, who have little experience with fast-growing startups or the venture capital fundingmodel. Alarm bells. Be thoughtful about the first money you raise.
StudentFinance launched in Spain first, followed by Germany and Finland, with the U.K. StudentFinance’s competitors include (in the USA) Blair, Leif, Vemo Education, Chancen (Germany-based) and EdAid (U.K.-based). This makes it a “success-based model”, says StudentFinance, which shifts the risk away from the students.
Volocopter , the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical take-off and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commercial launches.
and Germany. Then, the company employs an income-sharing model when the engineers find work and start earning upon graduation. Global tech talent company Andela employed this model before pivoting, and while it didn’t work for them, it seems to be working for Decagon. Canada, the U.K., So the issue really is supply.
French startup Qonto has raised a $552 million Series D funding round (€486 million). It currently operates in France, Germany, Italy and Spain. Tiger Global and TCV are leading today’s funding round. What makes the business model even more lucrative is that a lot of customers just sign up on their own.
Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Germany’s Wefox last year raised $400 million at $4.5 and across the European Economic Area (EEA). ” The company had previously raised around $24.4
million in seed funding as it readies for launch. Backing the upstart, which already faces a plethora of better funded competitors, is venture capital fund LVL1 Group, with participation from AddVenture, TA Ventures, Vladimir Kholiaznikov, and angel investors Oskar Hartmann, Alexander Nevinskiy and Dominique Locher. .
million, and, in the post-pandemic world where the population has become far more movable due to remote working, similar businesses are raising funds to attend to the needs of this global, nomadic workforce. Germany-based NUMA Group expanded into Spain, Italy, Austria and the Czech Republic in 2021. Based out of the U.S.,
The latest tranche of funding is led by German private equity investor Cadence Growth Capital (CGC), which is now Everphone’s biggest shareholder. Series C funds will also go on increasing its headcount, spending on product development and growing its active device fleet — which it says now numbers over 100,000 devices.
Berlin-based Mayd , a startup that’s building an on-demand medicine delivery platform in Europe, has fast followed a chunky seed raise last fall — with a €30 million (~$34M) Series A funding round led by US investor Lightspeed Venture Partners.
To that end, the injection of capital — which brings total funding to date to $64 million — coincides with Flink’s expansion into the Netherlands and France, and follows the opening of ten dark stores in a number of German cities. which is closer to the original goPuff model.
Instant purchase and delivery of food and other essentials was one of the big bubbles of opportunity in the world of e-commerce in the last year, with dozens of startups big and small emerging and scooping up funding to build out businesses to bring items like groceries, toilet paper and Tylenol to people’s doors in 30 minutes or less.
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