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million in a funding round led by LAUNCHub Ventures and Hoxton Ventures. It’s now raised $16 million in new funds led by Founders Fund, the San Francisco-based VC, whose portfolio boasts names such as Airbnb, Spotify and SpaceX. Giraffe360 CEO Mikus Opelts commented: “We are very excited to partner up with Founders Fund.
Whimsical , a startup creating tools for workplace collaboration, announced Tuesday its first funding round, a $30 million Series A investment led by Accel. The funding follows four years of bootstrapped growth and profitability, Dancis said.
million in a funding round led by LAUNCHub Ventures and Hoxton Ventures. It was founded in 2016 in Riga, Latvia by two brothers, Mikus Opelts and Madars Opelts, and is headquartered in London, U.K. It has now raised $4.5 Also participating is HCVC (Hardware Club), alongside existing investor Change Ventures.
The creator economy loves merch which is great news for on-demand custom printing startups such as Latvia-based Printify — today it’s announcing a $45 million Series A round, led by Index Ventures, off the back of rising demand for its services. Facebook will lure creators with $1 billion in payments.
The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. Montonio currently supports all major banks in Estonia, Latvia, Lithuania and a few major banks in Finland. Previous investors Tera Ventures, ffVC and Superangel also participated in today’s funding round.
The funding brings Jeff’s total raised to about $2.5 Part of the funding will be used to increase Jeff’s team from about 15 people now to more than 40 employees for its offices in Latvia and Southeast Asia. The startup announced today it has raised a seed extension of $1.5 million, led by J12 Ventures.
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.
The funding will be used to enter other Southeast Asian markets, including Indonesia and the Philippines, and introduce new products, like free credit score and insurance offers, digital discount coupons and mobile wallet cashbacks. Jeff currently claims more than 300,000 users in Vietnam.
Perhaps an exception to this oft-repeated phrase, in my experience, is Entrepreneur First out of London/Europe (but now also in Asia), and even then that entity is slightly closer to a pre-accelerator in the way it assembles talent before it assembles the startups (although it does also fund its startups). Of course, “your mileage may vary.”
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.
Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia. Since September 2013, PayPal users in Russia can withdraw funds in rubles to Russian bank accounts, which could make all the payments way easier for both freelancers and clients. Have laptop – will freelance.
And with over 100 staff spread across Nigeria, France, and Latvia, the company hopes to build an engineering and marketing team in India. Seven months later, he founded Le Studio VC, a Paris-based startup studio and €15 million fund he ran as CEO for three years. FairMoney is on a similar path, as well.
Twitter removes ‘government-funded’ news labels Twitter has removed “government-funded media” labels on all accounts, from NPR to the Chinese state-affiliated Xinhua News. The app even appears to have deleted its web page explaining the “government-funded media” labels.
Not Optional , a policy initiative funded by Index Ventures, has, this week, published an open letter signed by many of Europe’s leading investors, startup associations and entrepreneurs, including those who founded Stripe, Personio, Klarna, Wise, Trustpilot, UiPath and Alan. There are other groups that are enthusiastic but also concerned.
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