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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.

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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.

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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

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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.

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Digital road freight forwarder Sennder raises $160M Series, plans European expansion

TechCrunch

Sennder directly connects enterprise shippers with trucking companies, thus disintermediating the traditional freight model. Only last November, Germany’s Forto, a digital freight forwarder, raised another $50 million in funding, taking its total raised to $103 million. It says it will move over 1 million truckloads this year.

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Berlin’s Gorillas lays off 300, explores ‘strategic options’ in 4 countries as funds dry up for its $3B instant grocery play

TechCrunch

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. “Now even more people will look at this like it’s just a bubble.”

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Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

TechCrunch

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.,