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QuintoAndar is taking its first steps out of Brazil to open a technology hub in Lisbon, Portugal aimed at attracting technology talent across the pond. The move comes six months after the company raised $300 million in Series E funding that valued the company at $4 billion.
Nutrium , a digital health startup which links dietitians and their patients via an app, has raised a €4.25 million seed round led by Indico Capital Partners , alongside the Social Innovation Fund in Portugal (SIF) and previous investors. We are pleased to back this jointly developed vision with capital and knowledge.“.
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.
Notably this is not the largest funding event that the Portugal and U.S.-based based software company has raised. TechCrunch covered a $360 million round that OutSystems raised in 2018. The new funds put OutSystems on an IPO path, we reckon; the company declined to discuss public market plans with TechCrunch.
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. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. “We
Aerobotics , a South African startup that provides intelligent tools to the world’s agriculture industry, has raised $17 million in an oversubscribed Series B round. Kenya’s Apollo Agriculture raises $6M Series A led by Anthemis. billion rand (~$100 million) fund for tech startups in South Africa. . It has offices in the U.S.,
TripActions , a corporate travel and expenses company, has raised a combination of equity and debt at a post-money valuation of $9.2 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.
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.
Jüsto , an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. In fact, according to PitchBook data cited by General Atlantic, the round represents the largest Series A raised in Latin America in the past decade.
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. Stage 2 Capital launches $80M Fund II targeting B2B software startups. Gloat nabs $90M to build AI-powered internal jobs marketplaces.
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. Rhys Spence.
Barkyn , a European subscription service for pets that combines food with tele-vet services, has raised a further €3 million ($3.6 million) from food tech investor Five Seasons Ventures , extending its previous Series A to €8 million, and total fundsraised to date to €10 million. which has raised $28 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.
It has also raised $109 million (€95 million) in debt financing. 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.
Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydia has raised $131 million in total as part of its Series B round. Mobile payment app Lydia raises $45 million round led by Tencent. Lydia is starting with Portugal.
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.
Jscrambler , a Portugal-based startup specializing in cybersecurity products that protect organizations against web data exfiltration attacks, has secured $15 million in Series A funding. million in seed funding, was led by Ace Capital Partners and backed by existing investors Sonae IM and Portugal Ventures.
Bizay , a marketplace for small-to-medium-sized businesses allowing them to create highly customized products (such as merchandise), has raised a $38.6 million (€32 million) funding round. This means Bizay has now raised a total of more than €54 million. This means Bizay has now raised a total of more than €54 million.
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. Zeotap raises $18.5M
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. immigration law that has created a new visa category for entrepreneurs who have raised money from American investors.
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. Goldman Sachs is leading the round with existing investors Eurazeo, Bpifrance and AG2R La Mondiale also participating.
French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. Interestingly, the lead investor in today’s funding round is Carrefour, the supermarket giant. There are a lot of players that have raised a lot of money.
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. Our first trip was to Italy and then the next two were to Portugal.” The company has raised $20 million in funding to date.
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.
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’s raise comes as several similar platforms have raised sizable rounds of funding.
Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. Existing backers NYCA Partners, QED Investors and other unnamed investors also participated in the Series B financing, which brings the company’s total raised to $88 million since inception.
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.
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.
FlixMobility , the parent company of the FlixBus coach network and the FlixTrain rail service, has closed more than $650 million in a Series G round of funding that values the Munich-based company at over $3 billion. ” The company put safety measures in place, and even expanded some routes in select countries like Portugal and the U.K.,
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. The company said that it has also increased its customer base by 250% since its previous funding round back in January.
million pre-seed investment round from several noted and prolific angels and entrepreneurs, including Taavet Hinrikus (TransferWise), Greg Marsh (OneFineStay), James Meekings (Funding Circle) and Pete Cashmore (Mashable) — with a third of the fundraise also coming from female investors. Flown has now closed a $1.5
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.
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
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.
That is a notable jump since the company didn’t disclose a number when it raised its Series E, a $155 million round in 2020 ( PitchBook however puts it at $805 million, and before at $308 million in 2018). It has now raised more than $450 million. It also has operations in Portugal and the U.K.
Those services raised a ton of money and grew at a rapid pace during the COVID-19 pandemic. 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. It operates in the U.S. and the U.S.
In the latest development, an Opendoor-style startup called Casavo , out of Italy, is announcing that it has raised €400 million (about $410 million currently). The funding is coming in the form of a €100 million Series D and €300 million in debt to buy up and fix up properties.
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. The platform and financing is currently available in Spain, Portugal, and the U.K., where it soft-launched last year.
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. “That helped its valuation.
It’s raised $478.6 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. The food tech industry is effectively now going into fast food. Sweetgreen in the U.S. A similar firm is Sweetfin.
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. Launching out of stealth initially in the U.K. launch plans back in 2020.
Sales enablement company Highspot raised $248 million at a $3.5 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.
Alongside the equity raise, the 2009-founded startup has secured another chunk of debt financing ($75M) from Blackrock. Alongside the equity raise, the 2009-founded startup has secured another chunk of debt financing ($75M) from Blackrock. “ Jobandtalent is by far the largest job platform in Europe.
Macrometa , the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. It will hire for its engineering and product development centers in the United States, Eastern Europe and India, and add new centers in Ukraine, Portugal, Greece, Mexico and Argentina.
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