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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!
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.
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.
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.
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
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.
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. Refurbed is an online marketplace for refurbished electronics that are tested and renewed.
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.,
Only last November, Germany’s Forto, a digital freight forwarder, raised another $50 million in funding, taking its total raised to $103 million. Digital freight forwarder Forto raises another $50M in round led by Inven Capital. Sennder’s new investment will mean it can expand in European markets.
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
million seed round led by Indico Capital Partners , alongside the Social Innovation Fund in Portugal (SIF) and previous investors. With this investment round, Nutrium plans to double the team size in the next 24 months in order to focus on platform development and expand global sales in markets like Spain, France, Italy, the U.S.
The newly launched chapters are Zagreb (Croatia), Helsinki (Finland), Istanbul (Turkey), Rome (Italy) and Kyiv (Ukraine). As promised at the end of July , the organization has now announced the launch of five new programs across the continent, doubling its European presence to ten chapters across as many countries.
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).
Gorillas, according to a presentation it made to investors in March that a source shared with us, has around 700,000 active customers.The news comes on the heels also of rumors we’d been hearing that the company had been raising more funds.
Rhys Spence Contributor Share on Twitter Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund. For the first time since 2014, venture capital funding to European edtech startups saw a decline year-over-year, with startups raking in $1.8 billion in 2022 compared to $2.5 billion a year earlier.
Davison also said during the Sunday town hall that Clubhouse is embarking on a “world tour,” hosting its first town hall in Italy on Monday. Even though Clubhouse remains invite-only and is still not available on Android devices, during a recent funding round it was valued at $1 billion.
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
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.
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Overall, the company operates in a dozen cities in France, Italy, Belgium, Germany and Poland. With today’s funding round, the company plans to expand beyond e-scooters with a new bike-sharing service.
It lets you send and receive international payments, and exchange funds in multiple currencies. Revolut extends Series D round to $580 million with $80 million in new funding. Austria, Belgium, Denmark, France, Germany, Ireland, Italy, Netherlands, Poland, Portugal, Spain and Sweden.
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 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.
Tech is rushing in to fill that gap, and today a Berlin-based startup called Taxfix , which has built a popular mobile assistant to address the former of these, is announcing a big round of funding to fuel its growth. Index led its Series C in 2020 ; Valar led a round in 2018 ).
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.
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.
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. With today’s funding round, the company plans to grow its team from 500 employees to 2,000 people by 2025.
The company has now raised €20 million ($24 million) in a Series B funding round led by Eulero Capital, with the backing of FG2 Capital and reinvestment from Milan Investment Partners SGR. The Italy-born food tech startup claims to have built a “€100M+ company” inside two years.
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. The company is currently live in five markets right now and is working on expanding to Italy soon. In December 2019, the company reported a $1.65
This is the startup’s first institutional round of funding after bootstrapping since 2018. Among others, it competes with ShippyPro , which runs out of Italy and has raised $5 million to date. Also participating were TMT Investments (London), Fresco Capital (San Francisco) and Lemonade Stand (Tallinn).
French startup Iziwork has raised a $43 million funding round. Cathay Innovation and Bpifrance’s Large Venture fund are participating in this funding round. While it’s a relatively large funding round, the startup is quite young. 2,000 companies are using the platform in France and Italy.
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.,
Netflix launches new mobile games in Poland, Italy and Spain as a members-only perk. News of the acquisition comes less than a day after Netflix launched three new casual mobile games in Poland, Italy and Spain , a month after it released two games that were tie-ins to the “Stranger Things” series.
based startup founded by senior former Deliveroo employees, is closing in on $20 million funding, TechCrunch has learned. It’s not clear who else is in the running, although I understand it was highly contested and the startup had offers from several top tier funds. Dija, a new U.K. Blossom Capital and Dija declined to comment.
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.
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.
Some of the startup’s existing investors are investing once again, such as Cathay Innovation, Eurazeo, Bpifrance’s Large Venture fund, Seaya Ventures and Picus Capital. Overall, it has raised $211 million (€185 million) in traditional equity funding rounds. It is now available in Spain, Italy, Germany and Belgium.
Tencent, which made its first African edtech bet in Nigeria’s uLesson last December, co-led this Series A round with Italy-based VC Alchimia. Though white and raised in Italy, Bisignani travelled widely in Africa when she was young. Other investors include EchoVC, firstminute Capital and Auxxo Female Catalyst.
million) from food tech investor Five Seasons Ventures , extending its previous Series A to €8 million, and total funds raised to date to €10 million. Launched in 2017, the Portuguese startup currently serves customers in Portugal, Spain and Italy, and is aiming to be a key “pet wellness” brand for Southern Europe.
Today, one of the companies building headless tools is announcing a round of funding as it continues to expand its business. Benchmark led Commerce Layer’s Series A about a year ago. That round came at a very key moment for the startup.
Two years on from its launch, Charles today announced that it has raised $20 million in a series A round of funding led by Salesforce Ventures, with participation from Accel and HV Capital. million seed round of funding it raised last year. This follows a $6.5 How it works. Conversational commerce comes to Europe.
It is hoping to start scaling up manufacturing in the local areas where the machines will be most needed, including Italy, India and Zimbabwe. Perhaps most impressively, the company has accomplished all of this on a shoestring budget.
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.
Investors in today’s funding round include unnamed family offices as well as Earlybird and Abacon Capital. With the additional funding, Getsafe plans to finally get its own insurance license. Up next, Getsafe is thinking about expanding to France, Spain, Italy and Austria. And Getsafe has a lot of engagement with its app.
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