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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.
One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Germany, Switzerland, Scandinavia and China. Buildots raises $16M to bring computer vision to construction management. We are also sitting on piles of data from construction sites.
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. “We want to be the place where you can find everyone from world famous talents like a soccer or basketball star, to the local musician down the road,” he said.
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.
Gorillas , a grocery delivery startup that operates its own hyper local fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Coatue’s Daniel Senft and Bennett Siegel will join Gorillas‘ board. These startups are also often compared to goPuff in the U.S. Gorillas CEO Ka?an
Entering this fray is Membo — which, starting in Estonia, has built an app-based marketplace for local food producers to sell directly to consumers, cutting out other middlemen as the startup handles delivery logistics and billing. Delivery Hero picks up InstaShop in $360M deal to expand in groceries in the Middle East.
Regulators in Canada and Germany have decided to freeze Silicon Valley Bank’s branches in these respective countries — but SVB had very limited operations in foreign markets. Similarly, in Germany, BaFin — the country’s financial regulator — decided to freeze Silicon Valley Bank’s local branch in the country.
The dire need for tech talent in Nigeria has become more evident these days, where startups are raising venture capital at a ridiculous pace. and Germany. That’s what Decagon hopes for by training and connecting engineers to work remotely with both local and international companies. Canada, the U.K., also took part.
Gorillas , the Berlin-HQ’d startup that promises to let you order groceries and other “every day” items for delivery in as little as ten minutes, has raised $290 million in Series B funding, at a valuation that surpasses $1 billion. founded goPuff — which this week raised another $1.15 and the Netherlands.
French startup Didomi has raised a $40 million Series B funding round led by Elephant and Breega. The company will also hire more people with local marketing and sales teams for different markets. Didomi plans to open offices in Germany, Spain and the U.S. The company manages consent flows for web publishers and app developers.
Jordan-based mobile game publisher TamatemGames announced today it has raised $11 million in a Series B led by KRAFTON , a South Korean game developer behind PUBG, marking its first investment in the Middle East and North Africa (MENA). The startup will hire local talents in Saudi Arabia to expand further.
It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the Czech Republic, Hungary and Austria — as well as to break into Germany, Poland, Romania and other countries in the near future. . which is listed here but is run like a startup) raised more than $1 billion.
French startup Swan has raised an $18.7 With today’s funding round, the company plans to expand to Germany with a new office in early 2022. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe. million Series A funding round (€16 million) led by Accel.
French startup Qonto has raised a $552 million Series D funding round (€486 million). It currently operates in France, Germany, Italy and Spain. You can sign up from a computer and get a local IBAN a few minutes later. Following this investment, the startup has reached a valuation of $5 billion (€4.4
This is the company’s third European launch after the Netherlands and Germany. Lemonade will compete directly with a local competitor called Luko. But Luko has already attracted 100,000 customers and just raised $60 million. Originally from the U.S., Both companies share a lot of similarities.
gain access to financial services , said on Wednesday it has raised $40 million in a new financing round as it begins to roll out its offerings. Even after spending months in a new country, they struggle to get a credit card from local banks, and end up paying a premium to access a range of other financial services.
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. ” Ukio co-founders Jeremy and Stanley Fourteau.
The startup has raised €70 million ($77 million at today’s rates), at what I understand from a person close to the company to be a $2 billion post-money valuation. From what I understand, it is already raising its Series E, which is expected to close in May of this year at an even higher valuation. Augustinus Fabrikker.
This was what many would call an “opportunistic” raise, made not to keep the lights on or to extend runway, but because the money was being offered to Rapyd at good terms, and there were smart places where it could be put to use to grow the business. Unit raises $18.6M to offer banking features as a service.
in Ehningen, Germany. In February, Lambda Labs raised a $320 million Series C venture round. Designed for customers in government, financial services, and e-commerce who want high-performance computing capabilities along with the security of local control, Oxides systems make the transition to the private cloud as easy as possible.
Some companies are global by default — think mobile gaming companies — or simply require language localization. Others need to build new warehouses, hire local teams or build entirely new products. Just 13 months after launching in Germany, Homejoy had to cease operations globally, while Rocket’s Helpling is still alive and kicking.
Another online grocery delivery and “dark store” operator breaks cover today: London-based Jiffy , which aims to deliver fresh groceries and household essentials in around 15 minutes, has raised £2.6 The company will then launch a further 20 local fulfilment hubs across the U.K.
The startup launched only four months ago and is currently active in just four cities in Germany — Berlin, Hamburg, Munich and Frankfurt — although now the idea will be to use the investment to expand further across the country and to start considering which other markets to tackle next. .
Founded in 2013 by two brothers — Fabian and Felix Wunderlich (now respectively CFO and head of sales) — Lingoda had only raised around $15 million before now, a mark of the company being pretty capital efficient. The valuation is not being disclosed. New Jersey specifically) in an interview.
Germany and the UK came out first and second, respectively). While they can withdraw those funds from the business the next day, local founders must still secure decent backing to even begin the work. Swiss companies, like almost all European companies, tend to raise lower early-stage rounds than U.S. More than 50%?
It is doing a direct listing of its common shares, having already raised $8 million at a $30 million valuation. A couple of JustKitchen’s board members are also active in the Canadian capital markets, including Darren Devine, a member of TSX Venture Exchange’s Local Advisory Committee. and the Frankfurt Stock Exchange in Germany.
million seed round of funding to fuel planned rapid expansion — both within Germany and across Europe. “Paris, Amsterdan, Brussels, London,” says co-founder Ralph Hage, reeling off the list of likely first-candidate cities for its service outside Germany. Oja bags $3.4M Expansion is one of them.
South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised €4.5 and Germany, which are prominent hubs for global talent. Prior to this raise, OfferZen bootstrapped with the founders’ money. million ($5.07
Tesla was recently granted tens of millions of dollars in tax breaks from both the county in Texas where the factory will be built and from a local school district. Tesla also has a new vehicle factory outside Shanghai, China, and is building another factory outside Berlin, Germany. Construction work is “already underway,” Musk said.
Berlin-based Mayd , a startup that’s building an on-demand medicine delivery platform in Europe, has fast followed a chunky seed raise last fall — with a €30 million (~$34M) Series A funding round led by US investor Lightspeed Venture Partners. For now, though, Mayd is keeping schtum on its valuation.
But although her fundraiser raised plenty of money, Khi realized there was no viable NGO to distribute the supplies on the ground in the middle of a fast-moving war zone. She jumped in and got her “hands dirty”, doing dozens of video calls with groups of local drivers inside Ukraine in order to get supplies in.
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.
Morai , which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, announced today it has raised $20.8 Germany, Japan and Singapore. . It brings its total funding raised to date to $24.9 million (30 billion KRW).
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. And steps were taken to give Indigenous peoples and local communities a stronger voice in conservation matters. And a big part of the talks will be about raising more money.
Today, it’s Prewave ‘s turn to demonstrate that the global supply chain is still one of the hottest tickets for raising VC bucks. The Austrian startup revealed that it has raised €18 million ($20 million) in what it’s calling a Series A+ round of funding, following on from its €11 million ($12.3
For this fundraising event, you’ll need to team up with a local paint and sip store like Pinot’s Palette or Painting with a Twist that’s willing to paint it forward with a percentage of the night’s proceeds going to your cause. To make it even more fun, consider having a local celebrity (i.e. Trivia Night. come judge the contest.
“We will enable Fatmap technology in all of Strava’s services, empowering anyone to discover and plan an outdoor experience with curated local guides, points of interest and safety information.” and has part of its workforce based there, the bulk of its 50 employees are spread across offices in France, Germany and Lithuania.
The company from southern Germany just raised $170 million at a valuation of $1.87 Now the company has raised $3.5 AssemblyAI raises $28M : There’s a lot of work being done in the audio space as it relates to computer intelligence. And it just raised a half-million for its efforts. Are flying taxis finally coming
They do this by building out their own hyper-local, delivery-only fulfilment centres — so-called “dark stores” — and recruiting their own delivery personnel. Also operating in London are Weezy , Getir , and Zapp , with Jiffy expected to launch soon.
It also currently offers a service in a number of cities in Germany, such as Munich — where instant grocery rivals include the likes of Gorillas and Flink. In Spain, GoPuff’s departure will likely be a boon to local rival Glovo, which has, in recent years, focused increasing effort on q-commerce via an expanding dark store play.
French startup Sencrop just raised an $18 million Series B funding round led by JVP. Germany, Spain and Italy. to access ultra-precise and ultra-local information for better daily monitoring of their crops and the risks on their plots.”. And it’s been working well as the company has already sold over 20,000 weather stations.
He wanted to raise some money to help the local orchestra and test some ideas. Since this was an experiment to test social networking, I did not send an appeal to friends and family in the way people do when they raise funds for a run or walk, or want you to vote for a particular contest. Could I have raised more money?
Tank Top TV was at the demo day looking to raise £400,000 in seed round funding. With £100, 000 already secured in seed funding, Dattch is now looking ahead to Q3 2014 when it will seek to raise an additional £500,000 to fund expansion into US and Australia. by 2016 “or will have been acquired for our discovery technology”. ?
Jeppe Rindom, co-founder and CEO of Pleo — which less than one year ago raised $200 million at a $4.7 Jeeves , the fintech startup that recently raised $180 million at a $2.1 Jeeves Pay is available now to all Jeeves customers “where permitted by applicable local laws and regulations,” the company says. Weekly News.
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