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Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups. This fund grew again by €34 million in April 2021 , and after deploying investments into 28 climate-forward companies, the investor this week announced it has officially closed its second fund.
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.
The software also helps conservation teams prioritize environmental threats, develop objectives and actions, and select monitoring indicators to assess the effectiveness of their strategies. Miradi is the first software program designed especially by and for conservation planners based on a common set of environmental metrics.
San Francisco-based Bolt is fresh off of raising $393 million in Series D funding in October, bringing total capital raised to date to $600 million. It is very strategic to have them on our team.”. The entire Tipser team is staying put, so Bolt will be adding 100 more people to its team.
million in seed funding, capital it will use to further develop its technology and expand its operations in Europe and in the U.S. This is in contrast to the status quo, where power-lines are typically inspected by teams of people and helicopters, which is time consuming and potentially dangerous. Image Credits: Skyqraft.
The Inrupt team includes cryptography expert Bruce Schneier. Embedded in our thesis is the belief that this top-tier team is uniquely qualified to meet the requirements and expectations of government and corporate partners, as well as the broader public,” he added. Inrupt’s customers include governments and enterprises.
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.
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.
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 team tested over 1,000 iterations of their “cheese” product before finding a combination that worked, Tavakoli said. Chunk was initially launched with restaurants and chefs in Sweden. The company also looks to expand out of Sweden and into the U.S. “We
The idea is to maximize learning, fast, and investors liked it enough to provide Speach with $14 million in funding. Put another way, Weet enables not only the exchange of more critical information but can invite more interaction broadly and, presumably, strengthen team relationships in the process. The Slack origin story.
Sweden-based fintech Tink has also been dominant across Europe, while Truelayer and Belvo are holding the fort in the UK and Latin America. The Stitch team. ” This set the team up to work on Stitch — Pillay as CEO, Cuthbert as CTO and Priyen as CPO. Other investors who took part include both funds and angels.
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. We look forward to supporting the team on their journey.”.
Fawzi, Samir and Nacoud knew each other from Iraq and studied together in college in Sweden, which is where they met Steiner. PideDirecto is making it simple and cost effective for brands to build a scalable direct to consumer sales channel within minutes,” Justin Mateen, founder of JAM FUND, said via email. “I
French startup Ankorstore has raised a $283 million Series C funding round (€250 million). This leads us to today’s funding round. Ankorstore has teams in five countries — France, the U.K., Germany, the Netherlands and Sweden. The company operates a wholesale marketplace for independent retailers across Europe.
Based in Stockholm, Sweden, Tink operations should continue as usual after the acquisition. Visa plans to retain the brand and management team. As you may have guessed, it greatly simplifies the adoption of open banking features. Overall, Tink covers 250 million bank customers across Europe.
” 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.
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.
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. The team is composed of about 45 tech and product employees based in Stockholm, Sweden, and 20-plus internal employees in the U.S., Larsson said. every year.
Primary healthcare is best delivered by teams of primary care clinicians coordinating care between them. There is a real opportunity for digital healthcare platforms to scale access to team-based care across the region. Webrock Ventures is a Sweden-based investment company that employs a venture-building model.
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 billion valuation. This represents a nearly 50% increase compared to its Series C valuation round just 10 months ago , when it also raised $150 million.
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. The firm can then build teams and wider infrastructure around that traction. Rhys Spence. Contributor. Share on Twitter. and three in Asia.
In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. “We didn’t have a lot of money,” he tells me. Siemiatkowski left undeterred.
We also want to enable European venture capital with European funds, European knowledge and European teams Cédric O. New financial incentive to create 10 to 20 large VC funds. Let’s start with late-stage funding. Our goal is to create 10 to 20 funds with more than €1 billion.
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. We are excited to partner with Jonas and the team at Billogram,” says Omri Benayoun, general partner at Partech, in a statement.
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. The funding will go toward marketing – most of which will be on T.V. It has raised a total of $22.85 million to date.
Riot Games (developer of League of Legends), Tokyo’s Akatsuki Entertainment Technology Fund (the company behind Dragon Ball Z), Raine Ventures and fintech VC TTV Capital participated. They include Sweden’s Raketspel (the company has more than 120 million downloads across its portfolio), Cosi Games and Ethiopia’s Qene Games.
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.
” FairMoney Nigeria team. And with over 100 staff spread across Nigeria, France, and Latvia, the company hopes to build an engineering and marketing team in India. ” FairMoney French team. Seven months later, he founded Le Studio VC, a Paris-based startup studio and €15 million fund he ran as CEO for three years.
A study ( [link] ) funded by the Bill & Melinda Gates Foundation and MacArthur Foundation has found “when digital games were compared to other instruction conditions without digital games, there was a moderate to strong effect in favor of digital games in terms of broad cognitive competencies.”. Around Gender.
The startup has signed contracts with governments of Sweden, Argentina and Basque. “Inrupt’s management team and Board of Directors are committed to a governance system that ensures that the company operates with utmost integrity, transparency and with the highest ethical and privacy standards,” the investor pitch reads.
Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. Fundings across the globe. This is interesting because both Palantir and Founders Fund were co-founded by Peter Thiel.
Jobandtalent says the latest funds will be used to accelerate its expansion in key markets, including the US — its most recent focus. We are just starting to grow in the US, and this round of funding will help us accelerate those plans and become market leaders there as well,” the startup told us.
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.
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. ” “We believe that everything you do more than once should be automated. .
In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. “We didn’t have a lot of money,” he tells me. Siemiatkowski left undeterred.
To fund development of the marketplace, the team has raised around $4 million in total to date — mainly comprised of a $3.6M “None of us in the founding team had any networks to speak of when we were growing up. The team saw the potential of audio and the emergence of the creator economy long before the hype.
For this week’s Pitch Deck Teardown, I’m (virtually) traveling to Sweden to take a look at the $3 million seed round raised by developer tool startup Encore. 2 — “We spent 8 years scaling Spotify Premium” – team slide. The company is creating what it calls a software development platform for the cloud.
Nevertheless, deep down you know that in the long run, it all comes down to the team and the founder(s). However, even after 20 years in the industry, I have to admit that analyzing the team is still the most challenging part of the job.
Mavenoid , a Swedish company that provides both human- and AI-enabled support and troubleshooting tools for hardware companies, has raised $30 million in a series B round of funding. This increases the chances of finding a resolution to the problem, rather than simply deflecting queries and complaints away from customer support teams.
This round comes after a previously unannounced $5 million seed round which closed earlier this year, bringing the company’s total funding up to $17 million. Anomaly will use the funds to grow the team (the company currently has 12 employees), and scale up their business by partnering with more insurance companies and healthcare systems. .
Our goal at Salesforce.org in delivering our own nonprofit trends report each year is to better understand: the role nonprofits have in serving their communities, what’s shifting within the nonprofit space, mental health and wellbeing, and how technology supports an organization’s ability to fund and run their missions across departments.
More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.
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 It will be using the funding to expand into new markets.
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