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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.
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.
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.
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.
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.”
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.,
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.
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.
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. What makes the business model even more lucrative is that a lot of customers just sign up on their own.
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.
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.
Today, one of the companies building headless tools is announcing a round of funding as it continues to expand its business. This latest Series B round is being led by Coatue Management, with general partner Caryn Marooney (who has led comms at Facebook, among many other high-ranking comms roles) taking a seat on Commerce Layer’s board.
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.
Retail Rocket , a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. ” According to Khlebinsky, Retail Rocket uses a mathematical model to segment first-time buyers of a company’s product.
Getir, Gorillas, Flink and a cohort of startups tried to popularize a new model for grocery deliveries. But restrictions were lifted, VC funding dried up and some cities put some restrictions on dark stores. Germany, France, Italy, Spain, the Netherlands and Portugal. It operates in the U.S. and the U.S.
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. The Kukua team.
To power the expansion, which will see Lightyear land in 19 new markets, including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a Seres A round of funding led by U.S. On top of that, users can invest in what are known as exchange traded funds ( ETF s), which are essentially investment funds.
French startup Younited Credit has raised a $170 million funding round. As the startup has facilitated a huge volume of credit offering, it can also leverage past data for machine learning risk models. France is still the company’s leading market as Italy, Spain, Portugal and Germany represent 40% of Younited Credit’s revenue.
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.
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.
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.
For some funding context, it was only in March that Gopuff raised $1.15 With Gopuff’s instant grocery model comes instant funding, it seems: together the three rounds would total around $2.5 billion in funding in the space of 10 months. billion at an $8.9 billion valuation. billion) valuation.
Fleet is a bootstrapped startup and hasn’t raised any VC funding. The company is looking at Portugal, Italy, Germany and Belgium for its next markets. And this is key to understanding Fleet’s business model. But it’s been growing nicely as the company is expected to generate an annual turnover of $13.1
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.
It plans to use the funding to expand its own technology tools, as well as grow internationally. We understand that this latest funding values Berlin -based Spryker at more than $500 million. “We’ve discovered that the model for success for B2B businesses online is not about different people, and not about money.
But today, a startup that’s cracked open that model with an autonomous, AI -based camera that lets any team record, edit and distribute their games, is announcing a round of funding to build out its business targeting the long tail of sporting teams and fixtures. million) in a Series B round of funding.
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 there’s a problem with this model. In recent years, a number of fintechs have emerged to try to challenge the current model. The higher it is, the better chances you have.
Doctolib currently operates in France, Germany and Italy. For instance, the startup reached unicorn status , but it has stopped sharing funding details since then. We have stopped communicating on funding rounds for the past several years,” co-founder and CEO Stanislas Niox-Chateau said.
Unlike Microsoft and Apple, which both have sought to build AI models in-house, Amazon is recruiting third parties to host models on AWS. The effort is called Amazon Bedrock , and startups are given the ability to build generative AI-powered apps via pretrained models from startups, including AI21 Labs, Anthropic and Stability AI.
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.
Of course, Amazon has to be different, so instead of building AI models by itself, it has tapped third parties to host models on AWS. And because we have a veritable wall of coverage on AI today: A path to un-banning in Italy : Natasha L covers how Italy gives OpenAI an initial to-do list for lifting the ChatGPT suspension order.
The company seems confident that its model can apply to many verticals beyond SaaS, which is where it started. million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 ” Funding across the globe. Construction is the one of the least digitized industries out there.
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.
Amazfit is the product brand owned by Zepp Health, previously known as Huami, a public company funded by Xiaomi. The Pro model also features a mic and speaker that can be used to interact with Amazon’s Alexa voice commands when online (in 15 countries/regions and 14 languages). Image: Amazfit. Amazfit GTS 3. Image: Amazfit.
Today, a startup that’s built a marketplace to make it easier for freelance developers, designers and others with technical skills with those job opportunities is announcing a significant round of funding to expand its business. and Italy after that. The plan is to extend that to Benelux next, with the U.K.
Others include developing its proprietary technology stack and growing its three models — where it makes $5 million in MRR — across existing and new markets, it said in a statement. SWVL is present in 13 markets globally: the UAE, Egypt, Kenya, Germany, Spain, Italy, Switzerland, Turkey, Japan, Argentina, Saudi Arabia, Jordan and Pakistan.
At the end the pharmacist needs control of the delivery process which is slightly different from the typical delivery model,” notes Pieczonka. That said, European regulations haven’t been a complete blocker to launching such a model earlier, per Pieczonka. “In general we could have done this model two years ago.
A more powerful US model is planned for later this year, or early in 2022 if the double whammy of Covid and Brexit creates undue complications. Each model is priced to include all the accessories needed for typical urban commuting: mudguards, bell, luggage rack, kickstand, and front and rear lights.
Innovamat will be using the funding to expand its business. It has been around since 2017, operating initially in Spain before expanding to Italy and several countries in Latin America (Mexico, Colombia, Chile, Ecuador, Brazil and Peru). Innovamat will be using the funding to expand its business. in New Jersey.
Version three, like the previous model, also has integrated lighting, with a rear light that flashes red when braking. Cowboy 3 is now available in two shades of gray to go along with the black model. And believe it or not, Cowboy’s finally making fenders. It’s as if this Belgian startup wants to become the Volvo of e-bikes.
When all was said and done, we received a 2005 seed-funding grant from Full Circle Fund and launched the Refurbished Computer Initiative program. And then the program really got going with a major grant in 2007 from California Emerging Technology Fund. In the first couple of years we distributed around 100 PCs per month.
Search for experiences in countries known for their cuisine, like Italy, France, China, and Mexico. Cars A car can be an exciting big-ticket auction item, especially if you can get your hands on a vintage model. That’s why it’s essential to have the right fundraising software by your side to stay organized and reach your funding goals.
million) Series A round of funding. Telemedico, which was founded back in 2014 — but only launched its current B2B model (which is primarily targeted at insurance firms) in 2017 — says 2020 was a record year for its business. It also offers consultations via a fee-for-service model. million (~$6.6
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