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A private European aerospace company scrubbed its attempt on Monday to launch the first test flight of its orbital launch vehicle from Norway. Unfavorable winds meant that the Spectrum rocket couldn’t be launched from the island of Andya in northern Norway, Munich-based Isar Aerospace said.
We’ll also discuss how nonprofits can create livestreamed and/or a recorded video series that both cultivates donors, inspires advocacy, and raisesfund through for your organization. How to tap into the power of livestreaming to raisefunds through sponsorship. <<
Selecting one of four legal paths to raisefunds from them. Phone numbers are provided for those in the United States, Canada, Australia, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, New Zealand, Norway, Spain, Sweden, Switzerland, and the United Kingdom. <<
Northmill Bank , the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. Next stop, Norway. Leading the round is M2 Asset Management, the Swedish investment company controlled by Rutger Arnhult, and asset management firm Coeli.
Memmo.me , a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding. ” Cameo raises $50M to deliver personalized messages from celebrities & influencers. . Memmo has now raised a total of $12 million.
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. It has now raised €175 million in total.
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. Autonomous and electric truck company Einride raises $500M in equity and debt by Paul Sawers originally published on TechCrunch.
Oda , one of the bigger players in online grocery delivery in Europe with operations in its home market of Norway as well as Finland and Germany, today announced that it had raised 1.5 Rohlik in the Czech Republic, Picnic in the Netherlands and Everli in Italy — says that its Norway operations are profitable. “In
Lightyear , a Dutch startup developing a long-range hybrid solar-powered car, today announced that it has raised €81 million ($81 million) as it prepares to begin production of its first vehicle in the coming months. Driving change. Asia, among other markets. .” ”
As something of a case in point, Vic.ai , which bills itself as an accounting automation platform, today announced that it raised $52 million in a Series C funding round led by GGV Capital and ICONIQ Growth with participation from Cowboy Ventures and Costanoa Ventures. “In this next stage of growth, Vic.ai ” Vic.ai
Challenger banks have become, collectively, a force to be reckoned with in the world of financial services for consumers, and today one of the big players out of the Nordics — Lunar — is announcing growth funding along with two new services to continue filling out its ambition of providing a one-stop super app for its users.
In the latest example, reMarkable , the Oslo, Norway-based maker of a simple and slick $299 e-paper tablet of the same name, says that it has passed 1 million devices sold since 2017 and recently raised money at a $1 billion valuation after making revenues of $300 million and operating profits of $31 million in 2021. 42 million.
Norway’s Pangea Trust, through its equity crowdfunding platform Connect , is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Startups in Africa raised nearly $5 billion in funding last year but the amount remains meager when compared to the rest of the world.
Lunar , the Nordic challenger bank that started out life as a personal finance manager app (PFM) but acquired a full banking license in 2019, has raised €40 million in Series C funding from existing investors. Overall, the bank has 5,000 business users and 200,000 private users across Denmark, Sweden and Norway.
Corporate training startup Attensi — which originally emerged out of Oslo, Norway — has raised $26 million from New York-based Lugard Road Capital, DX Ventures (a VC fund backed by Delivery Hero) and existing shareholder Viking Venture. The new funding will be used to expand in North America and Europe.
Car subscription platform Finn has raised $110 million in equity to expand in the U.S. The funding, which brings Finn’s valuation to “more than $500 million,” comes at a time when consumers are starting to shift away from traditional car ownership models like leasing or financing. In the U.S.,
German launch startup Isar Aerospace has scored $165 million (€155 million) in new funding as it races toward the inaugural flight of its Spectrum small rocket later this year. Isar’s funding history reflects this increasing overlap between public and private interest. million (€10 million) prize from the European Commission.
Today a startup that has been focusing on one specific aspect of payments — recurring billing — is announcing a round of funding to capitalize on that growth with expansion of its own.
The company has raised a $1 million seed round to enhance its platform and scale in Asia. Antler joined in its previous funding. . Kistefos has a strong investment portfolio in Norway and Europe, including companies delivering financial services. India’s insurance platform Turtlemint raises $30 million.
Now, after picking up some 25,000 customers, from “traditional” publishers like Conde Nast and National Geographic through to hundreds of others like Sonos, Brex, Figma, Cloudflare, Mux, Remarkable, Kleiner Perkins, Tablet Magazine, MIT, Universal Health Services, Eurostar, and Nike, it is announcing funding of $9.3
That is, how to spend what’s been pledged so farand how to raise a lot more to help preserve plant and animal life on Earth. ” The overall financial aim was to achieve $20 billion a year in the fund by 2025, and then $30 billion by 2030. And a big part of the talks will be about raising more money.
In line with that trend, today a startup out of Denmark called Ageras Group , which has built a dual-purpose platform, providing both accountancy software and a marketplace for small and medium businesses to find accountants, is announcing a round of growth funding to expand its business. Sweden, Norway, Holland and Germany.
The startup, based out of Oslo, Norway, initially made its name with an app called Timely , a tool for people to track time spent doing different tasks. The funding is being led by local investors Melesio and Sanden, with participation from Investinor, Concentric and SNÖ Ventures, who backed Memory.ai Now, Memory.ai Now, Memory.ai
The fintech raised an $800,000 pre-seed round in 2020. They received funding from Google Black Founders Fund last October before closing this seed round, which welcomed participation from Leonnis Investments. Angel investors like Keisuke Honda of KSK Angels and others from Serbia, Kenya and Norway participated.
Delegate Connect is the latest virtual/hybrid events platform to land funding. The Melbourne-based startup announced today it has raised $10 million AUD (about $7.3 million USD) in seed funding led by AirTree Ventures, which wrote Delegate Connect the biggest seed check in the fund’s history so far.
” While its technology is mainly used by construction companies in Norway for now, 7Analytics is expanding into new areas such as energy infrastructure, and is currently in talks with a handful of energy companies in the U.S. Elsewhere, Australia’s FloodMapp recently raised $8.5
And when XPeng rolled its first exported electric vehicles off a boat in Norway last week , it accomplished something many of its peers have sought: expansion into new markets. Now, Nio is arguably the second-most successful electric vehicle company behind Tesla (though still a very distant one) and just raised another $2.6
Promus Ventures , a VC firm based in Chicago, closed a €120 million ($139 million) space fund, dubbed Orbital Ventures. The new fund, which will operate out of Luxembourg, will be focused on early-stage space companies. Other news from around the web. Image Credits: ispace (opens in a new window).
Tsais remarks were made in an interview with Nicolai Tangen, chief executive of Norways Norges Bank Investment Management, at a time when the Chinese tech giant has undergone frequent organizational restructures. The world’s largest sovereign wealth fund also owns shares in Alibaba’s top competitors, PDD and JD.
In 1999, the Greenpeace national offices in Denmark, Sweden, Finland and Norway united to form one regional entity: Greenpeace Nordic. The scale of the organisation’s work means that both funds and people are critical. Fighting for a greener future. People power, underpinned by technology. Greater agility through strong processes.
Swedish startup PocketLaw — a contract automation software-as-a-service legal tech platform which is mainly focused on SMEs — has pocketed €10 million (~$11M) in Series A funding led by European VC firm, Atomico, to fuel expansion in Europe.
Swedish digital health startup Kry , which offers a telehealth service (and software tools) to connect clinicians with patients for remote consultations, last raised just before the pandemic hit in Western Europe, netting a €140M Series C in January 2020.
Twig , a London-based fintech targeting Gen Z and younger Millennial consumers with an e-money account that gives them instant cash-outs on fashion and electronics they want to sell, has closed a $35 million Series A round of funding. Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B.
Green Li-ion says its battery recycling machines are the “size of a small house,” so it’s no wonder the Singapore-based startup needed to top up on funds. It’d only raised about $15 million ahead of its latest cash infusion. This week, Green Li-ion announced a $20.5 ” Rawr?
According to Bird, this growth plan is already underway, with the shared micromobility company recently bringing its scooters to Bergen, Norway; Tarragona, Spain; and Palermo, Italy. ” I might have raised an eyebrow or two when I first read this announcement. And then there’s the bit about that $150 million.
That said, Norway’s VC community has been somewhat dormant for a while. The country makes far too much money from oil, giving it one of the world’s largest sovereign wealth funds and a large system of socialized support. In Norway, sustainability-focused companies. 50% Norway, 50% Nordic/Baltic. and Nomono.
In a bid to separate its bipedal household laborer from the far creepier competition , 1X wrapped Neo Gamma in what it's calling a KnitSuit, an eyebrow-raising onesie that's "soft to the touch and flexible for dynamic movements." It's a fascinating choice with some eerie results.
Norway abandoned its contact-tracing app on Monday after it reached just 10 percent adoption.) Wallace-Wells reports that the federal government has allocated funding for contact tracing nationwide, but only at about one-sixth of the $3.6 YouTube created a $100 million fund to amplify black creators. That’s real money.
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