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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. This is as the global productivity management software market was valued at $42.6
The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. Montonio is a multi-faceted product that has been specifically designed for its home market and its neighbor countries — but the startup thinks it could work all around Europe. That’s much cheaper than card payments.
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.
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. Lightyear , a U.K. fintech startup that promises consumers commission-free trading on U.S. launch plans back in 2020.
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 hottest fintech market you aren’t paying attention to. million, led by J12 Ventures.
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.”
billion underbanked people globally , the majority of which are from emerging markets. One such company is FairMoney , which describes itself as “the mobile banking revolution for emerging markets.” The Indian market is quite similar to Nigeria’s. There are over 1.7 ” FairMoney Nigeria team.
oDesk claims that it dominates the market of online freelance marketplaces with $360 million spent by its clients in 2012; this number for the five closest competitors combined – Elance, Freelancer, Guru, People Per Hour, and 99Designs – reaches only $310 million. According to the last stats provided by oDesk itself, the company has 4.5
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.
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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