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I was shocked – shocked! – to find out there are tech startups in Portugal

The Next Web

I spent the past few days in the beautiful city of Lisbon, Portugal, to attend the annual Switch Conference and gain some insights into the Portuguese startup ecosystem (and to enjoy several local seafood dishes and pastries).

Portugal 167
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Brazil is using the law to push innovation, but here’s how it can do more

The Next Web

With immediate access to homegrown apps on their new smartphones, people can find services that are directly relevant to their needs (like local food delivery and Wi-Fi access finders). Enact more tax breaks and funds for startups. Excellent STEM teachers should be recruited, supported, and trained by new government policies.

Brazil 149
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As e-bikes boom, FuroSystems raises its first venture funding round ahead of a new model launch

TechCrunch

Further evidence of this is the news that today British e-bike manufacturer FuroSystems has closed its first institutional venture funding round of £750,000 with participation by TSP Ventures and European impact investment bank ClearlySo , as well as a number of angel investors.

Fund 96
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MVP Match, a tech-talent marketplace, raises $5M from Stage 2 Capital

TechCrunch

Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. By setting up a local presence and working closely with the local talent, we will be able to really open up this market to our clients.

Tech 96
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Richard Branson backs Lightyear as UK stock trading platform launches into Europe

TechCrunch

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.

Europe 86
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Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A

TechCrunch

Ricardo Weder , former president of Cabify (a large ridesharing company operating in Latin America, Spain and Portugal) founded Jüsto in 2019 with a mission to “disrupt the Latin American grocery industry.” Jüsto adds another $5 million in funding to build its online, delivery-only grocery store for Latin America.

Mexico 102
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Lydia raises another $86 million to build a European financial super app

TechCrunch

But it wants to offer a product that feels like a local product with a local card and a local IBAN to increase acceptance rates. Lydia is starting with Portugal. “We’re going to try every single product — credit, savings, investment,” Chiche said. The company is also slowly expanding to more countries.

Raise 127