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French startup ManoMano has raised a Series F funding round of $355 million led by Dragoneer Investment Group. The company operates an e-commerce platform focused on DIY, home improvement and gardening products. Following today’s funding round, the company has reached a valuation of $2.6
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. As with the pandemic in the U.S.,
Clubhouse Creator First will help aspiring hosts and creators on the platform build their audiences, connect with brands, and perhaps most importantly, monetize their shows. 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.
French startup Doctolib has announced that is has raised a new funding round. In case you’re not familiar with Doctolib, the company’s main product is a software-as-a-service platform for doctors and medical workers. With today’s funding round, the company plans to grow from 2,500 employees to 6,000 employees over the next five years.
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. PayFit has been building a payroll and HR software-as-a-service platform. Given that it’s a software-as-a-service platform, everything remains up to date.
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.
French startup Iziwork has raised a $43 million funding round. Cathay Innovation and Bpifrance’s Large Venture fund are participating in this funding round. The company has been building a platform focused on improving temporary employment. While it’s a relatively large funding round, the startup is quite young.
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
Today, one of the companies building headless tools is announcing a round of funding as it continues to expand its business. The interesting thing about “headless” platforms is that they are becoming a much bigger part of the equation when it comes to building and running e-commerce experiences.
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.
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.,
TrovaTrip , a travel planning and booking platform that lets creators host adventures with their communities, has raised $15 million in Series A funding led by Madrona. The platform includes bookable experiences like hiking in Patagonia, sourcing textiles in Morocco, practicing yoga in Bali and more. Image Credits: TrovaTrip.
And yet, few French startups turn to their community of users to raise some new funding. Thanks to recent regulatory changes, British investment platform Crowdcube plans to shake things up as it is officially launching on the French market. If you live in the U.K. or the U.S., you may already be quite familiar with equity crowdfunding.
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.
Payments made a huge shift to digital platforms during the COVID-19 pandemic — purchasing moved online for many consumers and businesses, and a large proportion of those continuing to buy and sell in-person went cash-free. Apple lowers commissions on in-app purchases for news publishers who participate in Apple News. “We
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.
Into this area has come European startup Poke House , which is effectively industrializing the production of “poke bowls” for food delivery platforms. 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.
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.”
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).
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. Charles’ platform in action. This follows a $6.5 GDPR) firmly in mind.
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. New investors include FinTLV, Ace & Co, LGT and its affiliated impact investing platform Lightrock, Partners Group, EDBI, Jupiter and Decisive.
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 ). Turbotax, Intuit’s big product in the U.S.
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. By analyzing their actions — for example, the links they click on — the platform attempts to figure out their wants and preferences.
Now, as it gears up to add more services to its platform and expand across all of Europe, the startup has raised €100 million ($114 million), in a round of funding led by Greenoaks Capital, with Ribbit Capital and new backer SoftBank Vision Fund 2 also participating. Maybe neobanks will break even after all.
million in funding from Anthemis, Financial Venture Studio and Soma Capital. He said that peer-to-peer platforms still split payments “in a very rudimentary” way, while Ivella wanted to intercept transaction authorizations so that people are only charged what they set their ratio to be.
In a blog post , analysts Claire Zaboeva and Melissa Frydrych of IBM X-Force IRIS announced that the phishing campaign spans six regions: Germany, Italy, South Korea, Czech Republic, greater Europe, and Taiwan. The attacks focused on groups associated with Gavi, an international organization that promotes vaccine access and distribution.
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.
million (€13 million) funding round led by Balderton Capital. We are a payment automation platform for tech companies,” co-founder and CEO Édouard Mandon told me. “We While retail banks are just starting to offer APIs, corporate banks opened their banking platform many years ago. Spain and Italy.
In 2021, TikToks parent company ByteDance participated in the companys Series A funding round with an investment of $10 million. In 2022, iMile expanded its operations to Brazil and Mexico.
Today, Scalapay , one of the companies that’s building a platform to enable buy now, pay later (BNPL) and related features, has raised a round to boost its position in the race for customers against competitors like Klarna, Afterpay and Affirm. This is the startup’s first significant funding since launching in 2019.
Doctolib started as a booking platform for doctors and has expanded to other services for doctors and medical workers in general. 2021 has been a pivotal year for the company as the platform has reached a critical mass in France. Vaccination places can use other platforms , but in reality most of them use Doctolib to handle bookings.
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. They include Commerce Layer in Italy; another startup out of Germany called Commercetools ; and Shogun in the U.S.
The company recently raised a €5 million funding round ($5.4 On the marketplace side of things, the company focuses on Mediterranean countries first, starting with Greece, Italy, Spain and France. “We As agriculture is one of the least digitized sectors, there’s room for a B2B trading platform without intermediaries.
million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 ” Funding across the globe. MarketForce, a retail B2B and end-to-end distribution platform founded in Kenya, raised $40 million in Series A funding for its merchant inventory financing and expansion across Africa.
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.
” Schepker is confident that the company made the right decision, something the team was able to do because Babbel is well-funded and has plenty of cash in the bank, as well as other financing options to continue to invest in its products and make acquisitions as opportunities arise. Image Credits: Babbel.
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.
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. Before the platform came along, Brian knew very few people who had ever read a comic on a phone or tablet.
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. Earlier this year, Petal announced it raised a $140 million Series D round of funding at an $800 million valuation to help upend the “broken” traditional credit system.
During Q3 2021, Helbiz launched Helbiz Live, a sports streaming platform that is currently showing Italy’s Series B soccer, NCAA football and basketball, and MLB games. In July and August, Helbiz also raised another $5 million to fund its “multiple growth opportunities,” according to Profumo. The remaining $1.7
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.
” 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.
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. Affirm spinout Resolve raises $60M for its B2B ‘buy now, pay later’ platform.
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