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Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $150 million in funding to commercialize a cab-less autonomous cargo truck, one that can be controlled remotely, if required, by human operators.
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. Its main competitors are AgroCares, 360 Soilscan and ChrysaLabs (raised CA$1.4
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Railsbank raises $10M Series A for its open banking and compliance platform. Singapore, Vilnius (Lithuania), Munich (Germany), Newcastle (U.K.), Visa), regulation, and compliance,” he told me at the time.
Cledara , the SaaS purchase and management platform that helps bring greater viability and control over a company’s sprawling software subscriptions, has raised $3.4 million in additional funding. Cledara picks up pre-seed funding to help companies manage their SaaS spending. France, Ireland, Germany and Spain.
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.
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. Refurbished electronics startup Refurbed raises $17M round, led by Evli Growth Partners.
French startup Roundtable has raised a $3.2 million (€3 million) funding round from a hundred business angels. The platform currently charges 1% of the amount raised by the vehicle with a minimum of €5,000 and a maximum of €15,000. Overall, this isn’t the biggest funding round of the year.
German startup Moss has raised a $25.5 million (€21 million) funding round led by Valar Ventures. Moss provides credit cards and a spending platform to small and medium businesses in Germany. But Moss expects to expand to other industries soon thanks to today’s funding round.
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.
“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. If I had to name two, it would be Japan and Germany. Classiq raises $10.5M Image Credits: Classiq.
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. Previously, Pabio raised a $1 million pre-seed round. million round, which includes Serpentine Ventures, Session.VC , Tomahawk.VC , Pioneer Fund, and DD Venture Capital.
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. Digital freight forwarder Forto raises another $50M in round led by Inven Capital.
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.
Car subscription platform Finn has raised $110 million in equity to expand in the U.S. 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.
German fintech startup Vivid Money has raised a $17.6 million Series A funding round (€15 million). Today’s funding round gives Vivid Money a valuation of $117 million (€100 million). Right now, Vivid Money is only available in Germany. Ribbit Capital is leading the investment.
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., The company, founded in 2018, has now raised $3.4
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. It has raised a lot less money than Bird or Lime and it has taken a different approach when it comes to operations. Belgium-based investment company Sofina is leading the investment.
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.
Swedish battery developer and manufacturer Northvolt AB has raised $2.75 The funding round — Northvolt’s largest thus far — was co-led by existing investors Goldman Sachs and Volkswagen, and new investors including the Swedish pension funds AP1-4 and OMERS, one of Canada’s largest pension plans.
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
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 ” The company had previously raised around $24.4
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.”
Fintech startup Yapily has raised a $51 million Series B funding round led by Sapphire Ventures. France, Spain, Germany, Ireland, Austria, Italy and the Netherlands,” Vaccino said. With today’s funding round, the company plans to expand its commercial presence across Europe. We have between 90 and 99% coverage in the U.K.,
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.
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. Coatue’s Daniel Senft and Bennett Siegel will join Gorillas‘ board. These startups are also often compared to goPuff in the U.S. Gorillas CEO Ka?an
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. Noteworthy, Gorillas CEO and co-founder Ka?an without a debt component).
French startup Agicap has raised a new $100 million funding round led by Greenoaks. With today’s funding round, the company has reached a valuation of more than $500 million (€415 million). Agicap is currently live in France, Germany, Spain, Italy and the Netherlands. They pay a monthly subscription fee.
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.
French startup In&motion has raised a $12 million (€10 million) funding round led by Upfront Ventures with 360 Capital also participating. With today’s funding round, the company wants to expand beyond its home country with a focus on Germany and the U.S. The company plans to double the size of its team.
French startup Didomi has raised a $40 million Series B funding round led by Elephant and Breega. with today’s funding round. With today’s funding round, the company wants to make its product even more developer friendly with open APIs and open-source SDKs. Didomi plans to open offices in Germany, Spain and the U.S.
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 In the past month alone, Policygenius cut a quarter of its workforce shortly after raising $125 million, while Next Insurance is scaling back by around 17%.
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.
Mubadala Investment Company is leading the founding round with Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global also participating. That’s why these instant delivery startups have been raising mega rounds of funding. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. “We
General Atlantic is leading the round, while some of PayFit’s existing investors are participating once again, such as Eurazeo, Bpifrance’s Large Venture fund and Accel. The startup has been on a roll as it raised a Series D round in March 2021. He listed two reasons why PayFit has had little issues raising at a higher valuation.
Staffbase , which provides an intranet-style internal communications platform for companies, has raised a $145 million (€122 million) financing round led by General Atlantic, a growth equity firm. The company’s main competitors include Dynamic Signal (raised $114.8 million) and Social Chorus (raised $47 million).
TripActions , a corporate travel and expenses company, has raised a combination of equity and debt at a post-money valuation of $9.2 The funding is a $154 million equity round from investors including returning investors Andreessen Horowitz and Premji Invest, and a $150 million structured financing deal from Coatue.
InfoSum, a London-based startup that provides a decentralized platform for secure data sharing between organizations, has secured a $65 million Series B funding round led by Chrysalis Investments. and Germany. The investment comes less than a year after InfoSum closed a $15.1
French startup PayFit has raised a $107 million series D funding round (€90 million). Eurazeo Growth and Bpifrance’s Large Venture fund are leading today’s round. The company is currently live in France, Germany, Spain, Italy and the U.K. Existing investors Accel, Frst and Xavier Niel are participating once again.
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. It has now raised €175 million in total.
Medwing , a European startup building a recruitment marketplace for healthcare workers, has raised €44 million ($47 million) in a Series C round of funding. Founded out of Berlin in 2017, Medwing targets the healthcare industry in Germany and the U.K. The platform is currently available in Germany and the U.K.,
Instant grocery — where urban-dwelling consumers buy food and other essentials and can get them delivered in 15 minutes or less — continues to be a big business, and one of the juggernauts in the space is now raising a big round of funding to meet that opportunity: Gopuff is in the process of raising $1.5
Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. Stage 2 Capital launches $80M Fund II targeting B2B software startups. Gloat nabs $90M to build AI-powered internal jobs marketplaces.
Fintech startup StudentFinance — which allows educational institutions to offer success-based financing for students — has raised a $5.3 It’s now raised $6.6 StudentFinance launched in Spain first, followed by Germany and Finland, with the U.K. million (€4.5 million total, to date. planned this year.
Dresden, Germany-based Wandelbots has raised a healthy sum in the years since it appeared on our Disrupt Berlin stage, way back in 2017. The following year, the no-code robotic software firm raised $6.8 The following year, the no-code robotic software firm raised $6.8
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