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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.
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.
Gopuff , the “instant” grocery delivery startup that has been on an acquisition and expansion tear in the last several months to scale its business, is also racing to raise money to fuel those efforts. For some funding context, it was only in March that Gopuff raised $1.15 billion in funding in the space of 10 months.
Vivid Money , a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money management services, also includes stock and cryptocurrency investing. Maybe neobanks will break even after all.
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.
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.,
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.
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. It has raised a lot less money than Bird or Lime and it has taken a different approach when it comes to operations. Overall, the company operates in a dozen cities in France, Italy, Belgium, Germany and Poland.
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. and it’s often free money owed to you! Index led its Series C in 2020 ; Valar led a round in 2018 ).
It lets you send and receive international payments, and exchange funds in multiple currencies. You also can order debit cards to spend money from your Revolut account directly. Revolut extends Series D round to $580 million with $80 million in new funding. As a reminder, Revolut already offers business accounts.
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. billion valuation.
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. Existing investors Valar, Alven, DST Global and Tencent are putting more money on the table as well.
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.
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 already has everyone’s bank information, which makes it easier to transfer money back to an employee for a cash expense.
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).
Money can make people moody. million in funding from Anthemis, Financial Venture Studio and Soma Capital. If so, move the money and then send back an approval.” The money then goes directly into the wallet and the creator can either manage it solo or together with participants. Zeta, which raised a $1.5
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.
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.
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.
Those services raised a ton of money and grew at a rapid pace during the COVID-19 pandemic. 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.
-based savings and investing startup Acorns has acquired London-based GoHenry , a startup focused on providing money management and financial education services to 6- to18-year-olds in an all-equity deal, the two companies announced today. France, Italy and Spain. Until last summer, GoHenry operated in the U.K. as well as in the U.S.,
French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. Interestingly, the lead investor in today’s funding round is Carrefour, the supermarket giant. There are a lot of players that have raised a lot of money.
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.
And yet, few French startups turn to their community of users to raise some new funding. As there might be a lot of interest for such a well-known company, Qonto is focusing on its user base in France, Italy, Spain and Germany. If you live in the U.K. or the U.S., you may already be quite familiar with equity crowdfunding.
That content, unsurprisingly, also typically costs a ton of money to produce, narrowing the production and distribution funnel even more. million) in a Series B round of funding. The funding is being led by Danish investor Chr. Augustinus Fabrikker, with participation from U.S.-based operations, with an office in Miami.
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.
But although her fundraiser raised plenty of money, Khi realized there was no viable NGO to distribute the supplies on the ground in the middle of a fast-moving war zone. We don’t have enough aid money to help those who really need the most in the war zone,” she told me. The next few weeks were a blur. It’s now matched £2.25
Doctolib currently operates in France, Germany and Italy. For instance, the startup reached unicorn status , but it has stopped sharing funding details since then. You don’t want to talk too much about money when you’re trying to improve everyone’s health. “We And the company is well aware that it can’t act like other startups.
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.
Scalapay , a buy now, pay later (BNPL) technology provider that has made significant headway with retailers and consumers in Europe and in categories like fashion, has closed a round of funding that it will be using to fuel its expansion ambitions. The startup has raised $155 million at a $700 million valuation.
million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 The company makes money from the property management companies and landlords that sign up for its service via a monthly subscription for a premium customizable program. ” Funding across the globe.
Today a startup that has been focusing on one specific aspect of payments — recurring billing — is announcing a round of funding to capitalize on that growth with expansion of its own. Suijkerbuijk said that in 2020, signed deals went up by 300%, and the first half of 2021 grew 50% more on top of that.
One entrant, the three-year-old startup Automotus , is beginning to rack up deployments in zones within cities like Santa Monica, Pittsburgh, Bellevue, Washington and Turin, Italy. However, Justus said the newly raised funds are being used to expand into new markets and to hire more employees. Investors have taken notice as well.
The investment gives Oda a post-money valuation of NOK3.5 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. billion, or $353 million. Last month, it noted that it lost an eye-watering $7.2
But Diamond says that they’re specifically not trying to make money off the event. “I of all VC investment, funding for women remains ‘meh’ in Q1 2023 Image Credits: Stefano Spicca / Getty Images Three perspectives on founder mental health On Equity this week, I chatted with three experts about mental health. At just 2.1%
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.
Lexi told us about Ben, a 12-year-old who had originally asked for a trip to Italy with his family. donation from the Gerdin Charitable Foundation , which will help fund 50 wishes each year for the next three years. It created opportunities for them to be a family and to create memories to share and hold onto.
” 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.
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.
Lori’s gift is to help nonprofit organizations communicate powerfully so they raise exponentially more money. In 2018, Simone began her 31st year as a full time consultant specializing in fund development, strategic planning, and board development/governance. She helps find a positive a ngle to most any fundraising challenge.
Many attendees are also excited at the prospect of accessing valuable deals on trips they may not otherwise spend money on but choose to bid on because they know it’s for a good cause. Search for experiences in countries known for their cuisine, like Italy, France, China, and Mexico. Cruise Around 35.7
Developer tools are not worth infinite money : Startups that built for developers had an amazing 2021. Well, if you are Acorns, you raise a huge funding round at effectively the same valuation. FX startup Atlantic Money wants to challenge it with a flat-fee model. So, naturally, it’s attracting competition. million round.
PrimaryBid , which allows retail investors (that is, ordinary and not professional investors ) the ability to invest in new shares issued by public companies, has raised $50 million in new funding of its own. OMERS Ventures, the investment arm of the prolific pension fund out of Canada, said it’s part of the groups focus on fintech.
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