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If you ask me, climate tech investor Contrarian Ventures isn’t so contrarian anymore. The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so smack in the middle of a climate-tech dealmaking boom. So, if anything, it’s trendy. billion in value.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. To that end, Railsbank’s credit card as a service offering means that any company can offer a branded credit card using the fintech’s infrastructure and tech. It has offices in 11 locations: Santa Monica (U.S.),
Eneba , a marketplace for gamers that sells games and other products, has raised an $8 million round of funding from Practica Capital and InReach Ventures. The funding is described as a “combination” of a seed and Series A round. traffic.
And the French government is taking advantage of this opportunity to make some progress on the tech startup policy front. In an interview with TechCrunch, France’s digital minister Cédric O shared some news for the European tech ecosystem. New financial incentive to create 10 to 20 large VC funds.
The funding is coming from Goldman Sachs, Temasek, Bain Capital Credit, Crestline and funds managed by Oaktree Capital Management. To date, it’s one of the biggest financings, debt or otherwise, for any startup (that is, any privately-backed tech company) in the region.
The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. It wants to become the only tech partner you need to run a small and medium e-commerce shop. Montonio currently supports all major banks in Estonia, Latvia, Lithuania and a few major banks in Finland.
Like many tech companies, administrative expenses are responsible for this loss. We launched 24 new retail and business products, expanded into the US, Japan and Australia and launched banking services in Lithuania, all while significantly improving our profitability,” founder and CEO Nikolay Storonsky said in a statement. “We
The company was also quick to stress that Fatmap’s tech will be available to both free and paid-for Strava members, though certain features relating to maps, discovery, and route-planning will be reserved for paying subscribers. An earlier version of this article stated that Fatmap had raised around $8 million in funding so far.
In conversations about freelancing and online marketplaces for remote contract workers of the tech industry, the name of oDesk floats up pretty often. Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia. million jobs. Have laptop – will freelance.
Manara: A marketplace to connect Middle East talent to tech jobs. Awari: The São Paulo-based startup uses income share agreements to help students in Brazil afford a tech education. Turing College: The Lithuania-based online data science school uses income-share agreements to bring affordability to education.
And it’s a movement that is playing out in other categories, too, with Vinted (out of Lithuania) now valued at $4.5 “The intersection of society’s linear consumption habits and climate change is an important focus area for EIP’s second fund, which closed at one billion dollars last year.
There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. In addition, the oppressive regime in nearby Belarus has provided an influx of significant tech companies, such as Wargaming, as well as the associated talent. What industry sectors is your tech ecosystem strong in?
Barely a day goes by without news of layoffs emerging from the tech world — from cybersecurity to gaming , no industry is impervious. And closer to home, a bunch of smaller European tech companies have also extended their reach out across the English Channel with their first U.K. Cross-border investments. In the U.K.,
Twitter is being evicted from its Boulder office Court documents show that Twitter owes three months’ rent to its Boulder landlord, and a judge has signed off on evicting the tech giant from that office. The app even appears to have deleted its web page explaining the “government-funded media” labels.
As the granddaughter of immigrants from Lithuania and Poland who spoke little English, I understand what its like to be treated as a stranger in America. without authorization and to stop funding the U.S. Compassion comes easily to me. And having worked in senior levels of the U.S. leaders.
A source tells us Founders Fund is also investing. Such decisions must not be delegated to unelected tech leaders. ChatGPT is a general-purpose chatbot that uses artificial intelligence to generate text after a user enters a prompt, developed by tech startup OpenAI. Should we risk loss of control of our civilization?
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