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Daily Crunch: Citing data privacy concerns, Italy temporarily bans ChatGPT

TechCrunch

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!

Italy 91
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Casavo, an Opendoor-style proptech from Italy, raises $410M to expand its instant buyer platform across Europe

TechCrunch

In the latest development, an Opendoor-style startup called Casavo , out of Italy, is announcing that it has raised €400 million (about $410 million currently). The funding is coming in the form of a €100 million Series D and €300 million in debt to buy up and fix up properties. That very much played out for the startup.

Italy 81
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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

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.

Italy 122
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ManoMano raises $355 million for its home improvement e-commerce platform

TechCrunch

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.

Platform 124
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European, North American edtech startups see funding triple in 2021

TechCrunch

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. Funding and activity were centered in a couple of markets and there were just a few growing companies gaining interest. Rhys Spence.

Fund 87
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Wefox secures new funding at $4.5 billion valuation as it aims for profitability

TechCrunch

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

Profit 102
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Direct-to-consumer orthodontic startup Impress raises $50M to scale across Europe

TechCrunch

To whit, Impress , a Southern European player in direct-to-consumer orthodontics, has raised a $50 million Series A funding round led by CareCapital (a dental division of Hillhouse Capital in Asia), along with Nickleby Capital, UNIQA Ventures and investors including Michael Linse, Valentin Pitarque, Peter Schiff, Elliot Dornbusch and others.

Europe 98