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million seed round led by Indico Capital Partners , alongside the Social Innovation Fund in Portugal (SIF) and previous investors. With this investment round, Nutrium plans to double the team size in the next 24 months in order to focus on platform development and expand global sales in markets like Spain, France, Italy, the U.S.
Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization and HR. Funding and activity were centered in a couple of markets and there were just a few growing companies gaining interest.
million) from food tech investor Five Seasons Ventures , extending its previous Series A to €8 million, and total funds raised to date to €10 million. Five Seasons Ventures joins previous investors Indico Capital Partners, All Iron Ventures, Portugal Ventures and Shilling Capital. which has raised $28 million.
Enact more tax breaks and funds for startups. An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students. know, scaling in the beginning—especially with steep marketing costs—can be difficult and expensive. As many in the U.S.
To whit, Impress , a Southern European player in direct-to-consumer orthodontics, has raised a $50 million Series A funding round led by CareCapital (a dental division of Hillhouse Capital in Asia), along with Nickleby Capital, UNIQA Ventures and investors including Michael Linse, Valentin Pitarque, Peter Schiff, Elliot Dornbusch and others.
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.
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.,
Notably this is not the largest funding event that the Portugal and U.S.-based The new funds put OutSystems on an IPO path, we reckon; the company declined to discuss public market plans with TechCrunch. Given the changes we’ve seen in the SaaS market lately , it’s a distinction worth keeping in mind.
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.
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.
Australia and Portugal — like Africa, home to other major, global agricultural economies — and operates in 18 countries across Africa, the Americas, Europe and Australia. . and other markets. . For Aerobotics, it raised $600,000 from 4Di Capital and Savannah Fund as part of its seed round in September 2017.
Today, it’s Mozilla’s turn to solidify its investment endeavors via a new dedicated $35 million VC fund targeted at early-stage startups. More recently, Mozilla joined a $900,000 pre-seed funding round into password management startup Heylogin. The other two include Block Party , which raised a $4.8
Cubyn , the Paris-based logistics startup that lets e-merchants outsource fulfilment and delivery logistics, has raised another €35 million in funding. Existing backers DN Capital, 360 Capital, Bpifrance Smart Cities fund and BNP Paribas Développement followed on. and Germany.
Today, Salsify , one of the startups building e-commerce solutions to that end, is announcing a big round of $200 million, a sum that speaks both to the demand in the market, and its success to date. It also has operations in Portugal and the U.K. Some of the funding will be used, Purcell said, to continue breaking into more markets.
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.
The funding is a $154 million equity round from investors including returning investors Andreessen Horowitz and Premji Invest, and a $150 million structured financing deal from Coatue. TripActions , a corporate travel and expenses company, has raised a combination of equity and debt at a post-money valuation of $9.2
We also want to enable European venture capital with European funds, European knowledge and European teams Cédric O. During the Portuguese Presidency of the Council of the EU, Portugal announced that it would go one step further and create the European Startup Nations Alliance (ESNA). Let’s start with late-stage funding.
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.
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.
StudentFinance , a European fintech that funds educational programs for individuals through so-called income share agreements , has raised €39 million ($41 million) in a Series A round of funding. “We also use data from analyzing systemic and market changes such as government incentives for companies to become ‘greener.’
French startup Younited Credit has raised a $170 million funding round. France is still the company’s leading market as Italy, Spain, Portugal and Germany represent 40% of Younited Credit’s revenue. The company wants to double down on European markets. The company offers several credit products to European consumers.
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.
Now Clikalia , another player in the so-called iBuyer space, has raised €75 million ($86 million) to take that model to markets in Europe and Latin America. SoftBank Vision Fund 2 and Fifth Wall are co-leading the round with participation from existing investors Luxor Capital and Guillaume Pousaz.
A relative newcomer vying for a slice of the market is Amplemarket , based in San Francisco and Portugal, which today announced that it raised $12 million in back-to-back seed and series A funding rounds. ” Amplemarket’s series A was co-led by Comcast Ventures and Portugal-based Armilar Venture Partners.
We’ve already gotten feedback on this overview of subscription pricing models , and a look back at 2020 funding rounds and exits among Israel’s security startups was aimed at our new members who live and work there, along with international investors who are seeking new opportunities. Tocha, partner, Olisipo Way.
Today, a company focused specifically on developing AI for drones for maritime deployments is announcing a round of funding after seeing strong demand for its devices and services. It will be using the funding to hire more people, and to continue building out its technology.
Interestingly, the lead investor in today’s funding round is Carrefour, the supermarket giant. With $40 million on its bank account, Cajoo now wants to solidify its strong market position in its home country. But Henri Capoul sees it as market validation. But it’s a regulated market.
A 12-year journey ends as Skimlinks is acquired by retail marketing platform Connexity. The funding will be used to build out the Flown platform ahead of its formal launch in the U.K. This will also allow hosts to diversify their revenues away from the leisure market, and access a more resilient source of demand.
The company has now raised €20 million ($24 million) in a Series B funding round led by Eulero Capital, with the backing of FG2 Capital and reinvestment from Milan Investment Partners SGR. Founded by Matteo Pichi and Vittoria Zanetti, Poke House has opened 30+ stores in Italy, Portugal and Spain, and now has 400 employees.
million Series A funding round — bringing its total raised since January 2020, when the business was founded, to $13.6M. Investors in the round include a mix of national and international funds, including Spain’s Seaya Ventures, a new backer of Payflow and Cathay Innovation via its C.
TrovaTrip , a travel planning and booking platform that lets creators host adventures with their communities, has raised $15 million in Series A funding led by Madrona. Hosts can also set up an email marketing campaign, in addition to promoting their bookable experience across their social media channels.
Fleet is a bootstrapped startup and hasn’t raised any VC funding. The company is looking at Portugal, Italy, Germany and Belgium for its next markets. When a device is reaching its end of life and is sent back to Fleet, the company gives it to a nonprofit organization, sells it to a refurbishment company or recycles it.
For many of us, going to work these days no longer means going into a specific office like it used to; and today one of the startups that’s built a platform to help cater to that new, bigger world of employment — wherever talent might be — is announcing a major round of funding on the back of strong demand for its tools.
Ukio , a short-term furnished apartment rental platform aimed at the “flexible workforce,” has raised €27 million ($28 million) in a Series A round of funding. “Ukio uses proprietary tools to source high-quality off-market apartments, based on strict criteria in prime locations in each city,” Fourteau told TechCrunch.
Feedzai said it will be using the funds for further R&D and product development, to expand into more markets outside the U.S. — it was originally founded in Portugal but now is based out of San Mateo — and towards business development, specifically via partnerships to integrate and sell its tools.
Scalapay , a buy now, pay later (BNPL) technology provider that has made significant headway with retailers and consumers in Europe and in categories like fashion, has closed a round of funding that it will be using to fuel its expansion ambitions. The startup has raised $155 million at a $700 million valuation.
It plans to use the money to expand its business across Europe on the back of a platform that today is listing close to 4,000 homes in Italy, Spain and Portugal, and has to date (since being founded at the end of 2018) sold some 3,200 properties for an aggregate value of €1 billion, according to CEO and founder Giorgio Tinacci.
Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger. We’ll cover every aspect of company building: Fundraising, recruiting, sales, product-market fit, PR, marketing and brand building. Member States which become signatories of the Standard will be expected to deliver on a number of policy areas.
To meet this rising demand for “more advanced” cross-channel surveillance, Shield announced Thursday it has raised $20 million in a Series B round of funding. Its previous backer Macquarie Capital led the round alongside UBS Next , a venture fund from Swiss bank UBS, and existing investors such as Mindset Venture and OurCrowd.
Led by Atomico, the round also included GIC as well as past investors Tiger Global, CRV, K-Fund and Creandum. While developed markets like the U.S., While developed markets like the U.S., Pooling those Latino markets, “We can together potentially sell to 10 million customers,” Romero said.
Y-Combinator- backed Localyze has nabbed $12 million in Series A funding led by Blossom Capital for a SaaS that supports staff relocations and hiring across borders. “With the funding, we want to accelerate our expansion in the UK, Ireland, Netherlands, Portugal & Spain, besides our core market Germany.
Jobandtalent says the latest funds will be used to accelerate its expansion in key markets, including the US — its most recent focus. Jobandtalent takes $120M from Softbank to enter the US market. “ Jobandtalent is by far the largest job platform in Europe.
Fresh off the launch of a new product designed to measure engineering performance metrics, Lisbon-based Codacy has closed a $15 million Series B funding round led by Bright Pixel Capital, the corporate VC of one of Portugal’s biggest employers, the Sonae Group. To date, Codacy has raised $28 million. Image Credits: Codacy.
Currently, it’s serving “tens of thousands” of customers per month — with its largest markets being London, New York, and Paris — but by late summer it expects to have grown monthly users to “hundreds of thousands” That’s quite the change from two years ago.
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