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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. “The digital marketing world is growing very fast and the demand for highly-skilled professionals is constantly increasing,” CEO Khlebinsky said.
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
Back in May this year, Receeve , a no-code SaaS startup that makes it easier for companies to collect and recover debts (such as overdue claims) increased their seed funding to $13.5 million with venture capital funds Seaya Ventures and 14W. Existing backers Mangrove, Speedinvest and Seedcamp participated in the expansion round.
VC funding into Europe (including the U.K.) But Europe isn’t the only place where VC funding didn’t decline. The Exchange explores startups, markets and money. It is also worth noting that Europe accounts for a much larger portion of global funding than Africa. Asia, and Latin America. Data overview.
The latest round, which brings its total funding raised to $83 million, comes approximately a year after raising $14.4 The funds will also be used to acquire companies in those regions, said Seki, who did not disclose the company’s valuation. The company also could raise another funding before its IPO, Seki added.
” Going forward, it will focus instead on its home market of Germany, as well as France, the Netherlands, the UK and the US, which it says collectively account for 90% of its revenues currently.The announcement came on the heels of a report in the German press last night about the layoffs. Apparently others have also looked. (It’s
While the announcement follows India’s decision to ban Sea’s popular title “Free Fire” in the country last month, TechCrunch reports that the company is insisting the reason is “global market uncertainties.” There’s still money flowing, and funds that raised huge capital pools still have to allocate it, slowdown or not. Big Tech Inc.
-based Amadeus Capital Partners and Austria’s Apex Ventures are pooling their collective venture capital (VC) resources for a new fund specifically targeted at early-stage deep tech startups. “The partnership also allows for early-stage investments in other European markets outside the U.K.,
Mubadala Investment Company is leading the founding round with Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global also participating. That’s why these instant delivery startups have been raising mega rounds of funding. The company covers 48 different cities for all other markets — the U.K.,
It plans to use the money to expand in the Netherlands, and eventually across Europe. Crisp says its USP is seasonal products sourced directly from 600+ small and high-quality producers at an affordable price in the Netherlands. Crisp has now raised a total of €42.5 million to date.
It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the Czech Republic, Hungary and Austria — as well as to break into Germany, Poland, Romania and other countries in the near future. upr, Rohlik CEO and founder, told TechCrunch in an interview.
French startup Agicap has raised a new $100 million funding round led by Greenoaks. With today’s funding round, the company has reached a valuation of more than $500 million (€415 million). Agicap is currently live in France, Germany, Spain, Italy and the Netherlands.
They can connect this Payhawk account to their existing bank account to load and withdraw funds. As you can see, there are quite a lot of players in this space, meaning that there’s a big market opportunity. Germany, Spain, Belgium, the Netherlands and Luxembourg. the Netherlands, Australia and Singapore.
Or a million dollar investment that’s just around the corner from a well-known VC fund. Keep your funding round short. We have the coolest angel investors in the world, but still our seed funding round (which was not even astronomically big) took us about six months to arrange. Why weren’t we making such progress?
Fintech startup Yapily has raised a $51 million Series B funding round led by Sapphire Ventures. The company has been working on a single, unified open banking API for several European markets. France, Spain, Germany, Ireland, Austria, Italy and the Netherlands,” Vaccino said. We have between 90 and 99% coverage in the U.K.,
Markets go up and down, but consumers love our service and convenience is here to stay. But restrictions were lifted, VC funding dried up and some cities put some restrictions on dark stores. Germany, France, Italy, Spain, the Netherlands and Portugal. This is a major consolidation deal for the instant grocery delivery space.
Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down. billion ($2.85 billion post-money). billion ($2.85 billion post-money).
VanMoof just raised another $128 million in funding, after announcing a $40 million investment round in September 2020. That brings Amsterdam-based VanMoof’s total haul to $182 million raised in the last two years, excluding crowdfunding rounds in 2018 and 2019, making it “the most funded e-bike company in the world,” according to VanMoof.
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.
It’s also had some visible success in its home market by persuading restauranteurs to add its products (and brand name) to their menus — as plant-based ingredients, enabling them to offer vegan alternatives to meat dishes, from tacos and bocadillos to curries, poke bowls and more.
Adobe is the marketing cloud. It’s worth noting that Dropbox acquired HelloSign for $230 million two years ago to provide it with a similar kind of functionality and workflow capability, but analyst Alan Pelz-Sharpe from Deep Analysis, a firm that follows the content management market, says this wasn’t really in reaction to that.
To that end, the injection of capital — which brings total funding to date to $64 million — coincides with Flink’s expansion into the Netherlands and France, and follows the opening of ten dark stores in a number of German cities. Founder-market-fit? ’s Fancy , which some have dubbed a mini goPuff).
The fresh funds, led by SoftBank Ventures Asia , bring Seadronix’s the total round up to $8.3 “With this funding, we hope to recruit more staff for the AI, sensor fusion and navigation business and accelerate our global market penetration plan.” The company just secured a $5.8
Today, a startup called ChannelEngine , which helps retailers connect with and sell through more than 200 marketplaces, is announcing a growth round of funding to continue building out its business amid strong demand. Altogether, the e-commerce market is being projected to reach $5.9 trillion by 2023.
million in seed funding as it readies for launch. Backing the upstart, which already faces a plethora of better funded competitors, is venture capital fund LVL1 Group, with participation from AddVenture, TA Ventures, Vladimir Kholiaznikov, and angel investors Oskar Hartmann, Alexander Nevinskiy and Dominique Locher.
Indeed, two of the best funded companies in the lab-grown meat market hail from The Netherlands, where Mosa Meat is being challenged by a newer upstart, Meatable , which just announced $47 million in new financing. Use code “TCARTICLE” at checkout to get 20 percent off tickets right here.
” Cultivated There’s little question that cultivated meat is coming , evidenced by the countless companies raising vast swaths of venture capital funding to produce meat and fish in a lab from animal cells, as well as the fact that companies are now starting to receive the blessings of regulators such as the U.S.
Kazakhstan, a key market in Central Asia, marks Zeekr’s third geographic expansion announcement in recent months. The aggressive push into new markets is fueled by the $750 million Series A funding round Zeekr raised in February, which shot the automaker’s post-money valuation up to $13 billion.
VisionNav Robotics , which specializes in autonomous forklifts, stacking vehicles and other logistics robots, is the latest industrial robot maker from China to get funded. The startup is already dispatching robots to clients in Southeast Asia, East Asia, as well as the Netherlands, the U.K. and Hungary.
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC.
Wayflyer , a revenue-based financing platform for e-commerce merchants, has raised $76 million in a Series A funding round led by Left Lane Capital. The raise comes just after Wayflyer raised $100 million in debt funding to support its cash advance product, and 14 months after the Dublin, Ireland-based startup launched its first product.
Some of the startup’s existing investors are investing once again, such as Cathay Innovation, Eurazeo, Bpifrance’s Large Venture fund, Seaya Ventures and Picus Capital. Overall, it has raised $211 million (€185 million) in traditional equity funding rounds. The company recently expanded to other markets.
Berlin-based startup Moss announced earlier this week that it has closed a new $86 million Series B funding round (€75 million). Following today’s funding round, Moss has reached a valuation of $573 million (€500 million). The product is live in Germany and the Netherlands. The company now plans to expand to the U.K.
For Oranje Fonds, the largest social cohesion organisation in the Netherlands, this has been its key mission from the start. At the community level, this includes Oranje Fonds’ annual Neighbours Day in September, which sees people all over the Netherlands come together to help others in their neighbourhoods.
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 startup currently operates in Germany, Austria, Italy and France, but plans to use its latest funding to move into Spain, the Netherlands and the UK over the next two quarters, according to a GetHenry spokesperson. The funding round, a combination of €10 million equity and €6.5
French startup Ankorstore has raised a $102 million Series B funding round (€84 million). Tiger Global and Bain Capital Ventures are leading today’s funding round with existing investors Index Ventures, GFC, Alven and Aglaé also participating. Ankorstore is now live across 14 different markets.
Softbank Vision Fund 2 — a prolific investor in the many parts of the e-commerce ecosystem — is leading this Series C, with L Catterton and HPE Growth also participating. The gap in the market that Sendcloud (and would-be rivals like Shippo and Stamps.com) is addressing is a very clear one.
A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. The funding is coming in the form of €45 million in equity and €15 million in venture debt.
French startup Ankorstore has raised a $283 million Series C funding round (€250 million). This leads us to today’s funding round. Germany, the Netherlands and Sweden. It sells products in 23 European markets. Founded in November 2019, it took Ankorstore around two years to reach a post-money valuation of $2 billion (€1.75
The conversational commerce market is fairly substantial too, with China’s WeChat reportedly facilitating $250 billion in transactions in 2020 alone. million seed round of funding it raised last year. And longer term, it sees itself extending to markets elsewhere. This follows a $6.5 How it works.
While Amsterdam garners the lion’s share of attention in the Netherlands tech ecosystem, the not-so-far-away region around Utrecht has its fair share of tech startups and investors, as is evidenced by our latest survey of locals, below. Utrecht is the fourth-largest city in the Netherlands, with 350,000 inhabitants.
Grover has been on a steady pace of growth in the last several years — CEO and founder Michael Cassau said that across its footprint of Germany, Austria, The Netherlands, Spain and most recently the U.S., That growth has been riding on several concurrent market trends. billion for its used-clothes marketplace.
Comatch originally started in Germany, which means that Malt is also doubling down on the German market with this acquisition. Originally limited to the French market, Malt has expanded to Germany, Spain, Belgium, the Netherlands and Switzerland over the past few years.
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