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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. <<
Northmill Bank , the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. Leading the round is M2 Asset Management, the Swedish investment company controlled by Rutger Arnhult, and asset management firm Coeli. Next stop, Norway.
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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.
Skyqraft , the Swedish startup using AI and drones for electricity powerline inspection, has raised $2.2 million in seed funding, capital it will use to further develop its technology and expand its operations in Europe and in the U.S. Skyqraft, a startup using AI and drones for electricity power-line inspection, raises $505K.
Swedish battery developer and manufacturer Northvolt AB has raised $2.75 The funding round — Northvolt’s largest thus far — was co-led by existing investors Goldman Sachs and Volkswagen, and new investors including the Swedish pension funds AP1-4 and OMERS, one of Canada’s largest pension plans.
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem said today that it has raised nearly $54 million (€50 million) for a new European seed fund. The next step is a proper seed fund with more capital. Just like how the U.S.
Tim Berners-Lee’s startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said. TechCrunch reported in late October that the three-year-old Inrupt was in talks to raise between $30 million to $50 million. Inrupt’s customers include governments and enterprises.
-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft , has replenished its own coffers with £70 million in funding. It brings the total fundingraised by Liberis to £200 million, including more than £50 million in equity funding. and the U.K.
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.
The app and the company behind it have been helping people enjoy better wine since 2010, and now the startup has raised $155 million with its Series D round – a sum over twice as large as all of its previous funding to date. This brings the company’s total funding to $221 million to date. Vivino wine app in San Francisco.
Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 million in seed funding.
The Sweden-based company’s product combines visual canvases with documentation to help professionals and teams go from idea to presentable work on the same screen — think Miro meets Notion meets a slew of other tools companies use to keep their knowledge in one place and their projects pointed more or less in the right direction.
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. These vehicles are already available to shipping companies and carriers in Sweden and in the U.S. Expansion drive.
European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop. Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as a “ buy now, pay later ” service provider, was seeking to raise new funds. A positive spin.
Zaver , a Swedish fintech that enable merchants to accept cardless payments and offer buy-now-pay-later (BNPL) as an option, has raised $5 million in new funding. Its target market is “durables,” starting in Sweden. Swedish fintech Zaver has raised $1.2M seed for its P2P payments platform.
Chunk was initially launched with restaurants and chefs in Sweden. Including the latest round, Stockeld has raised just over $24 million to date. The new funding will enable the company to focus on R&D, to build out a pilot plant and to move into a new headquarters building next year in Stockholm.
Volvo Cars Tech Fund invested $2 million into o ptics and imaging developer Spectralics , funds it will use to accelerate the development of its optical film that the company says could make cars safer and provide a better user experience. The new funding now brings the Israel-based startup’s total raised to $5 million.
Numan , the European subscription service covering erectile dysfunction (ED) and men’s wellness/health needs more generally, has raised $40 million in a Series B funding round led by White Star Capital , with participation from existing investors Novator, Vostok New Global, Anthemis Exponential, Colle Capital and new investor Hanwha Group.
Cloud-based human resource (HR) platform HiBob today announced that it has raised $150 million in a Series D round of funding at a $2.45 This represents a nearly 50% increase compared to its Series C valuation round just 10 months ago , when it also raised $150 million. billion valuation.
Addressing this, Cerve , a Sweden-based food tech startup, has raised a $2 million seed round for its infrastructure platform that claims to automate wholesalers’ sales operations. As we found during the pandemic, food and beverage distribution is critical, but most food wholesalers’ sales remain manually operated.
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.
Royal went on to raised a total of $71 million , including from the likes of a16z Crypto. That’s good news for web3 music company AnotherBlock , based out of Sweden. Traore, Sebastian Ljungberg, and Filip Strömsten in 2022, the blockchain-based marketplace for music has now raised a €4 million funding round led by UK-based Stride.VC.
Klarna , the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. As BNPL startups raise, a look at Klarna, Affirm and Afterpay earnings. That sees the company retain the crown as the highest valued private fintech in Europe.
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. Germany, the Netherlands and Sweden as growth markets.
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.
The company is live in 23 European markets and plans soon to expand to Croatia, Hungary and Sweden. The funding is notable in part because of who is doing the investing. Hedosophia, the somewhat secretive fund that also has been active in SPACs in the U.S., UK challenger bank Starling raises $376M, now valued at $1.9B.
In a sign of the times, Swedish buy now, pay later giant Klarna is reportedly close to inking a new round of funding that would slash its valuation to $6.5 The Wall Street Journal reported today, citing anonymous sources, that Klarna was “negotiating to raise about $650 million mostly from existing investors led by Sequoia Capital.”
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. Today’s funding round values the startup — which says it now has 5 million customers globally — at $3.2 billion, the company said.
MAJORITY , a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures. Other existing investors, including Avid Ventures , Heartcore Capital and a group of Nordic fintech founders, also participated in the raise. Larsson said.
His new venture, called Inrupt, wants to fix some of the mess many of those companies have made — and it’s in the market to raise money. The startup has signed contracts with governments of Sweden, Argentina and Basque. These partnerships have not been previously reported.
FinanZero , a Brazilian online credit marketplace, announced today that it has closed a $7 million round of funding – its fourth since it launched in 2016 was founded in 2016. It has raised a total of $22.85 The funding will go toward marketing – most of which will be on T.V. million to date.
New data indicates that France’s startup market is posting record totals in terms of dollars raised. For comparison, that two-quarter figure is billions more than French startups raised in all of 2020. The Exchange explores startups, markets and money.
Over in the EU you’ll find Dalma (France), Lassie (Sweden) and ManyPets (Sweden). It’s now raised a £15m Series A funding round, led by DN Capital, and with the participation of the petcare-focussed Companion Fund as well as Helvetia Venture Fund, M Tech Capital, Picus Capital, dmg ventures, Sarona Partners, T0 Ventures and FJ Labs.
This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. Swiss startup Frontify raises $50 million , more than double its previous round’s size. I also tweet.
” Half of Zoomo’s $60 million funding comes from equity led by Grok Ventures, Skip Capital and ArcTern Ventures, and supported by AirTree Ventures, Clean Energy Finance Corporation, Contrarian Ventures and Maniv Mobility. .” ” Companies like URB-E in the U.S.
In the latest development, Annotell , a startup out of Sweden that makes software to assess the performance of autonomous systems’ perception capabilities, and how to improve that, is today announcing that it has raised $24 million to expand its business. We guide our customers on how to improve it.”
Also this year, we’ve seen France’s Alma raise a $59.4 Klarna, based in Sweden, is said to be considering a direct listing. Terms vary, but the space is very active. TechCrunch covered Scalapay’s January $48 million round , what the Italian BNPL described as a seed round. million Series B for its BNPL efforts.
Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $150 million in funding to commercialize a cab-less autonomous cargo truck, one that can be controlled remotely, if required, by human operators.
Open source password management platform Bitwarden has made its first known acquisition, snapping up a fledgling Sweden-based startup called Passwordless.dev , which specializes in helping developers integrate passwordless authentication technology into their software. The password problem.
This makes it the largest round raised by any API fintech startup in Africa at the moment. Sweden-based fintech Tink has also been dominant across Europe, while Truelayer and Belvo are holding the fort in the UK and Latin America. With wide and deep investor backing, Stitch will use the funding to consolidate growth in South Africa.
It has now raised $18.8 Founded in Gothenburg, Sweden in 2016, Minna enables customers to manage subscription services via their existing bank’s app. Step in Minna Technologies , which sells in its subscription management services into banking apps. million (€15.5
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.
French startup Ankorstore has raised a $283 million Series C funding round (€250 million). In May 2021, when Ankorstore raised its Series B , the company told me it was working with 50,000 shops and 5,000 brands. This leads us to today’s funding round. Germany, the Netherlands and Sweden.
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