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Christine and Haje The TechCrunch Top 3 Italy gives ChatGPT the boot : Italy’s government has been on a blocking kick lately. A few days ago, we wrote about a possible ban on cultivated meat , and today Italy wants to block ChatGPT, citing data protection concerns. On that note, enjoy your weekend! You’re hired!
As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.
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.
Only last November, Germany’s Forto, a digital freight forwarder, raised another $50 million in funding, taking its total raised to $103 million. As a data-driven company, we contribute to making the logistics industry fit for a sustainable future; ensuring transparency, flexibility and efficiency in the distribution of goods.
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
French startup Doctolib has announced that is has raised a new funding round. In particular, Doctolib acts as a booking platform that connects doctors with patients; 60 million people have used it in France, Germany and Italy. With this round, the company has reached a valuation of €5.8 billion, or $6.4
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. It’s a capital-intensive industry.
during the same period last year, after clocking up its most successful first half of the year in its five-year history and bagging a number of major retailers to stock its plant-based foodstuffs (including Ocado in the UK, Migros in Switzerland, Carrefour in Italy, E.Leclerc, Intermarché and Super U in France).
German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. trillion industry that has been stuck in the pre-internet era. It’s much more than we wanted to raise initially. billion valuation.
The Argentina-based fraud and identity protection company announced $12 million in Series B funding Monday from backers including software developer, Globant, as well as Agrega Partners, NXTP Ventures, Bridge One, the IDB Lab and Telefónica. As such, he intends to use the new funding to hire developers across Europe and in the U.S.
The food tech industry is effectively now going into fast food. Into this area has come European startup Poke House , which is effectively industrializing the production of “poke bowls” for food delivery platforms. The Italy-born food tech startup claims to have built a “€100M+ company” inside two years.
Everli , the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C funding. That growth is happening more and more outside Italy, with its international expansion now responsible for over 20% of orders.
Lugano, Switzerland-based venture capital fund Privilège Ventures just launched its fourth fund. The CHF 20 million (just over $20 million) fund is earmarked for women-led early-stage startups across Europe. “We “The data shows women in the driver’s seat produce better ROI.” “The numbers are staggering.
The super fast grocery delivery industry will steadily grow for many years to come and Getir will lead this category it created 7 years ago,” Getir founder Nazim Salur said in a statement. But restrictions were lifted, VC funding dried up and some cities put some restrictions on dark stores. It operates in the U.S. and the U.S.
Mosqitter is an industrial-scale mosquito murdering machine that attracts female mosquitos before they get a chance to lay eggs. It is hoping to start scaling up manufacturing in the local areas where the machines will be most needed, including Italy, India and Zimbabwe.
When Acorns last raised funding, $300 million in March 2022, it was valued at $2 billion; GoHenry has not disclosed its valuation but was believed to be valued at between $250 million and $500 million in October 2022, when it raised $55 million. France, Italy and Spain. Until last summer, GoHenry operated in the U.K. In the U.S.,
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.
On the heels of Amazon about to launch a new enterprise service to detect whether a machine is working well or not based on external physical changes in sound, vibration and temperature, a startup that has already built a big business in the space is announcing a big growth round of funding.
Cubyn , the Paris-based logistics startup that lets e-merchants outsource fulfilment and delivery logistics, has raised another €35 million in funding. Existing backers DN Capital, 360 Capital, Bpifrance Smart Cities fund and BNP Paribas Développement followed on. and Germany.
In 2021, TikToks parent company ByteDance participated in the companys Series A funding round with an investment of $10 million. It will serve customers including Chinese brands looking to expand internationally, especially those in high-value industries such as automotive, solar energy, and consumer electronics, as stated in the report.
Today, they’re on track to surpass half a billion rides globally by 2021, far outpacing early growth in the carbon-heavy ride-hailing industry founded by Uber in 2009. 3: Comprehensive industry safety report released (spring 2019). 1: Shared scooters launched (fall 2017). After an encouraging start, shared e-scooter riders in the U.S.
We also want to enable European venture capital with European funds, European knowledge and European teams Cédric O. New financial incentive to create 10 to 20 large VC funds. Let’s start with late-stage funding. Our goal is to create 10 to 20 funds with more than €1 billion. More countries should join the list soon.
million Series A funding round — bringing its total raised since January 2020, when the business was founded, to $13.6M. Investors in the round include a mix of national and international funds, including Spain’s Seaya Ventures, a new backer of Payflow and Cathay Innovation via its C.
The company recently raised a €5 million funding round ($5.4 Still, agriculture is one of the industries that hasn’t been digitized with too many intermediates,” he added. On the marketplace side of things, the company focuses on Mediterranean countries first, starting with Greece, Italy, Spain and France. “We
The Milan, Italy-based startup has picked up $48 million in funding, money that it will use to continue building the tech in its platform, scaling its service in Europe, and to begin working on efforts to break into the U.S. This is the startup’s first significant funding since launching in 2019.
The Italy-built plane with its distinct stabilizers at the nose can seat seven passengers and fly at up to 370 miles per hour. “This raise will fund maintenance centers so we can become a full MRO [maintenance, repair, and overhaul center]. 180 is an interesting choice. “We’re in growth mode,” Britton-Harr said.
Dija , the London-based grocery delivery startup, is officially launching today and confirming that it raised £20 million in seed funding in December — a round that we first reported was partially closed the previous month. Backing the company is Blossom Capital, Creandum and Index Ventures, with Dija seemingly able to raise pre-launch.
The startup was the first scooter operator to go public via the SPAC route , and many in the industry wish it wasn’t so after consistently meh earnings reports. In July and August, Helbiz also raised another $5 million to fund its “multiple growth opportunities,” according to Profumo. The company paid $3.5
In April 2021 , Oda (known then as Kolonial) was valued at around $900 million when it raised $265 million from investors that included SoftBank’s Vision Fund. It still lists Oda among its portfolio companies on its site (as part of Vision Fund 2), although it’s not noted as an investor in Oda’s newest financing.
Construction is the one of the least digitized industries out there. million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 ” Funding across the globe. So it was good news to report that Siteline had emerged from stealth with $18.4
million in seed funding to make its mission a reality, with backers including OSS Capital; Lux Capital; Sisu Game Ventures; and — somewhat notably — Bob Young , the cofounder and former CEO of Red Hat, an enterprise-focused open-source company that IBM went on to acquire for $34 billion in 2019. ” The open source factor.
” To fuel the expected boom in growth, Bounce is announcing close of a $12 million Series A round of funding, led by Andreesen Horowitz. Other investors participating include General Catalyst, who led a seed round of funding, announced back in December 2021. in early funding later that year.
However, the Berlin-based startup did graduate Y Combinator’s accelerator program last year and has secured around $4 million in funding (via a convertible loan) prior to a $20 million series A round that it’s announcing today. ” It’s difficult to ignore Gigs’ stellar cast of investors, too. .”
The headline feature is automatic crash detection , which the company calls an industry first. The third-generation Cowboy is available in Austria, Belgium, France, Germany, Italy, Luxembourg, Spain, the Netherlands, and the UK, with Denmark in the works. It’s as if this Belgian startup wants to become the Volvo of e-bikes.
She has worked with organizations in a variety of industries including healthcare, education, retail, real estate, non-profit, hospitality, aviation and consumer products. In 2018, Simone began her 31st year as a full time consultant specializing in fund development, strategic planning, and board development/governance.
Beauty package The beauty industry benefits from major popularity worldwide, especially with the rise of online beauty and skincare influencers. Search for experiences in countries known for their cuisine, like Italy, France, China, and Mexico.
If you think about the private banking industry, there is a misalignment between customers and banks. Canada, Spain, Italy, Belgium, the Netherlands and Luxembourg. For instance, the service helps you uncover hidden fees in mutual funds. Aggregating data was just the first step. Germany and Switzerland.
We could’ve taken money from crypto funds, but it’s stronger to take it from the game industry and believers,” Raz Friedman, co-founder of UnCaged, told Jacquelyn in an interview regarding the company’s $24 million fundraise. “We Image Credits: Yuichiro Chino / Getty Images. Startups and VC. “We Manish has more.
For example, the city of Amsterdam is currently tendering for a third ’tech’ university in the city together with an investment fund and IP attached. These ‘circles of trust’ can be very small (think deep family ties in Italy), or very large (think easy formation of large industrial groups in Northern Europe).
Twig , a London-based fintech targeting Gen Z and younger Millennial consumers with an e-money account that gives them instant cash-outs on fashion and electronics they want to sell, has closed a $35 million Series A round of funding. For now, Twig accounts are only available in the UK. It’s certainly a thought.
And this is something that is not brand new in the world — meaning that countries like Israel or Italy have very similar systems. So this generated a lot of uncertainty for investment funds to come to Spain. TechCrunch: How else are you making use of EU coronavirus recovery funding to support growth of the startup ecosystem? .
The beefed up Series C funding will be put toward expanding into more markets and doubling down on growing its existing footprint, it said today. Urdiales said the reason it’s taken in another chunk of funding now is because of increased opportunity for growth as the coronavirus pandemic continues to accelerate demand for temping.
All Blackbaud Blogs Contact Us Blackbaud.com About Nonprofit Trends Books Research Reports Speaking 5 Key Insights from the 2010 Global State of the Nonprofit Industry Survey Posted by Steve MacLaughlin on October 27th, 2010 Blackbaud has conducted its North American State of the Nonprofit Industry Survey annually for six of the past seven years.
Next week, Extra Crunch will feature stories on the state of holographic tech in vehicles, the second-life battery marketplace and software plays in the micromobility industry. A Bird spokesperson told TechCrunch it’s using “existing resources” to fund these various initiatives. And then there’s the bit about that $150 million.
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