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VC funding into Europe (including the U.K.) In other words, the region escaped the global quarter-on-quarter slowdown in startup investment. But Europe isn’t the only place where VC funding didn’t decline. It is also worth noting that Europe accounts for a much larger portion of globalfunding than Africa.
Miradi is a joint venture between Benetech and the Conservation Measures Partnership (CMP), a consortium of global environmental organizations committed to improving the practice of conservation. Miradi was built in partnership with these global conservation groups and input from users around the world.
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 aggressive push into new markets is fueled by the $750 million Series A funding round Zeekr raised in February, which shot the automaker’s post-money valuation up to $13 billion. The funds from Zeekr’s Series A were dedicated to technology research and market expansion.
-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft , has replenished its own coffers with £70 million in funding. It brings the total funding raised by Liberis to £200 million, including more than £50 million in equity funding. and the U.K.
million in seed funding, capital it will use to further develop its technology and expand its operations in Europe and in the U.S. That proposition appears to already be resonating with customers, which include the three largest utility companies in Sweden jointly representing 85% of the Swedish market.
The app and the company behind it have been helping people enjoy better wine since 2010, and now the startup has raised $155 million with its Series D round – a sum over twice as large as all of its previous funding to date. This brings the company’s total funding to $221 million to date. Vivino wine app in San Francisco.
Our perspective on the matter is hardly unique: Techstars recently announced two new programs on the continent, one in France and one in Sweden, indicating that it too sees lots to like in Europe.
The startup has signed contracts with governments of Sweden, Argentina and Basque, TechCrunch reported earlier. The startup will deploy the funds to “expand its global footprint of Solid deployments in both the government sector and the commercial sector,” said Hartwell.
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.
Chunk was initially launched with restaurants and chefs in Sweden. The new funding will enable the company to focus on R&D, to build out a pilot plant and to move into a new headquarters building next year in Stockholm. The company also looks to expand out of Sweden and into the U.S. “We
Numan , the European subscription service covering erectile dysfunction (ED) and men’s wellness/health needs more generally, has raised $40 million in a Series B funding round led by White Star Capital , with participation from existing investors Novator, Vostok New Global, Anthemis Exponential, Colle Capital and new investor Hanwha Group.
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC.
Sweden-based fintech Tink has also been dominant across Europe, while Truelayer and Belvo are holding the fort in the UK and Latin America. With wide and deep investor backing, Stitch will use the funding to consolidate growth in South Africa. Other investors who took part include both funds and angels.
Today, a startup from Gothenburg, Sweden called Juni is announcing $206 million in funding — a $100 million Series B and a further $106 million in debt — to build out e-commerce-focused neobank, designed specifically to cater to that growing group of retailers with tools to help them run their business.
French startup Ankorstore has raised a $283 million Series C funding round (€250 million). This leads us to today’s funding round. Bond and Tiger Global led the Series C. Germany, the Netherlands and Sweden. Founded in November 2019, it took Ankorstore around two years to reach a post-money valuation of $2 billion (€1.75
In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. In the last year alone, 21 million users were added globally. Image Credits: Klarna.
The pandemic has seen such platforms scale globally, and Africa is not exempt. Webrock Ventures is a Sweden-based investment company that employs a venture-building model. So essentially, the firm partners with tech companies in Sweden and combines its cash with the company’s business models to create portfolio businesses.
French startup Ankorstore has raised a $102 million Series B funding round (€84 million). Tiger Global and Bain Capital Ventures are leading today’s funding round with existing investors Index Ventures, GFC, Alven and Aglaé also participating. Germany, the Netherlands and Sweden as growth markets.
Riot Games (developer of League of Legends), Tokyo’s Akatsuki Entertainment Technology Fund (the company behind Dragon Ball Z), Raine Ventures and fintech VC TTV Capital participated. Also, the company helps local studios that find it difficult to create games with a global appeal by pairing them with strong operators.
Video games are big — bigger than Hollywood in terms of revenue, as a $66 billion global industry. Since 2009, Zynga.org has enabled millions of players to contribute nearly $20 million to more than 30 nonprofit organizations globally. You can register here. Players, who collectively average about 30 years old in the U.S.,
Corporations want access to that consumer data without necessarily storing it, but again, there is no global open protocol for them to do so,” the investor deck reads. The startup has signed contracts with governments of Sweden, Argentina and Basque. These partnerships have not been previously reported.
Challenger banks have become, collectively, a force to be reckoned with in the world of financial services for consumers, and today one of the big players out of the Nordics — Lunar — is announcing growth funding along with two new services to continue filling out its ambition of providing a one-stop super app for its users.
. — Anna To SVB and back The Exchange recently noted how Sweden was punching above its weight in terms of startup dollars raised per capita. Israel’s tech scene is also remarkably resilient and relatively immune from the country’s global and local political woes. MDI Health CEO Avishai Ben-Tovim was one of these.
Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. Other backers include Index Ventures, Susa Ventures and Global Founders Capital. Fundings across the globe.
million/£14 million) in Series B fundraising from Element Ventures, MiddleGame Ventures, Nineyards Equity and Visa, to expand its open banking technology to banks globally. Founded in Gothenburg, Sweden in 2016, Minna enables customers to manage subscription services via their existing bank’s app. It has now raised $18.8 million (€15.5
In May, the company raised $110 million to help fund its U.S. expansion, bringing its total funding to $150 million. I mean, the heavy freight transport industry stands for between 7% to 8% of global CO2 emissions, and the engines that I helped to produce contribute roughly 1% of global CO2 emissions.
billion underbanked people globally , the majority of which are from emerging markets. Born in Germany to a Nigerian father and German mother, Hainy began his entrepreneurial journey in 2015 by launching a food delivery company in Sweden. There are over 1.7
Jobandtalent says the latest funds will be used to accelerate its expansion in key markets, including the US — its most recent focus. We are just starting to grow in the US, and this round of funding will help us accelerate those plans and become market leaders there as well,” the startup told us.
This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. The company also told me via email that since publicly listing on the LSE in July 2021, it has grown its global customer base by nearly 6 million. The Netherlands and Sweden in May 2022.
In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. In the last year alone, 21 million users were added globally. Image Credits: Klarna.
To fund development of the marketplace, the team has raised around $4 million in total to date — mainly comprised of a $3.6M Alfred is from a small village in the middle of nowhere in Sweden, I grew up in an immigrant family, and Sam is a working class bloke from Leeds. And we had fairly little exposure to opportunity.
” It’s worth noting there are a number of telehealth platforms operating private services in Europe that can deliver prescription medicine directly and speedily following a virtual consultation with a doctor — such as Sweden’s Kry.
Mavenoid , a Swedish company that provides both human- and AI-enabled support and troubleshooting tools for hardware companies, has raised $30 million in a series B round of funding.
Presented by: Elizabeth Ngonzi , Adjunct Faculty at New York University Center for Global Affairs and Former CEO of Afrika Tikkun USA. Selecting one of four legal paths to raise funds from them. Date: Tuesday, March 24, 2020. Time: 1pm EST / 10am PST. Understanding their needs, interests and why they give.
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. Today’s funding round values the startup — which says it now has 5 million customers globally — at $3.2 trillion market globally.
This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. But in today’s environment, where investors are pulling back and venture funding has slowed considerably, a $315 million raise stands out. Fundings and M&A. The Washington, D.C.,
Memmo.me , a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding. The startup says it has been used to send more than 100,000 messages globally, and that sales grew 50% every month between July of last year and January 2021.
In 1999, the Greenpeace national offices in Denmark, Sweden, Finland and Norway united to form one regional entity: Greenpeace Nordic. The last few years have been pivotal for the environmental movement as the effects of climate change and shifting global weather patterns have become increasingly apparent and driven up public awareness.
More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.
Harley-Davidson announced that its taking electric motorcycle division LiveWire public through a merger with a blank check company sponsored by executives of AEA Investors and Bridges Fund Management. The deal is funded by $400 million that ABIC is holding in trust, a $100 million investment from Harley-Davidson and $100 million from Kymco.
Today, the New York and Tokyo-based startup announced a $22 million Series A at a $100 million valuation to bridge cultures by helping traditional Asian products reach a global audience. The funding was led by Valor Siren Ventures , with participation from Company Ventures , St. DST Global pumps $35 million into Asian e-grocer Weee!
We boast the world’s second highest fixed broadband Internet subscription rate only an inch behind Sweden. At home we have entrepreneurs who think global day one. We have 30 procedures to go through when starting a legal business entity – ranking us #5 globally of light bureaucracy when incorporating.
Here's a glimpse of what's happening internationally around TechSoup Global: Connecting Up Australia. TechSoup Sweden. TechSoup Sweden's Andreas Ericsson built his own Instagram printer for an event. Find out which 10 resources they recommend for building a better website. NGO Pulse (South Africa).
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