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Presented by: Elizabeth Ngonzi , Adjunct Faculty at New York University Center for Global Affairs and Former CEO of Afrika Tikkun USA. Selecting one of four legal paths to raise funds from them. Date: Tuesday, March 24, 2020. Time: 1pm EST / 10am PST. Understanding their needs, interests and why they give.
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.
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. And that is basically why Einride is having to raise such a large pot of financing now, having already raised around $150 million since its inception including its $110 million Series B last year.
Tink , a startup out of Stockholm, Sweden that aggregates a number of banks and financial services by way of an API so that those can in turn be accessed via new channels, has raised €85 million (or $103 million at current rates), at a post-money valuation of €680 million (or around $825 million). It has now raised €175 million in total.
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.
Car subscription platform Finn has raised $110 million in equity to expand in the U.S. Car subscription platforms, especially ones that offer electric vehicles like Onto in the UK and imove in Norway, are taking off as trends like usership over ownership, online shopping and EV usage rise.
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.
It would mean the realization of a full-chain carbon dioxide removal service that the two companies called a necessary component of the efforts to reverse global climate change. The first issue is the need to set a global price for carbon dioxide emissions that would make the projects economically viable.
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. Those included putting 30% of the planet and 30% of degraded ecosystems under protection by 2030, known as the Global Biodiversity Framework. And a big part of the talks will be about raising more money.
The company will be flying five customer payloads on its first mission, which is scheduled for the second half of this year from Andøya, Norway. But look, if you divide the entire market globally for launch services by seven, eight companies, it’s a very lucrative business for those seven, eight companies.” That would be my guess.”
Anyone who has followed global news events of late will have noticed the devastating floods that have engulfed pretty much every corner of the world, from the U.S. Elsewhere, Australia’s FloodMapp recently raised $8.5 market, 7Analytics today announced that it has raised $2.5 ” Startups to the rescue?
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. Kjartan Rist, a partner at Concentric, added: “We continue to be impressed with Memory’s vision to build and launch best-in-class products for the global marketplace. Now, Memory.ai
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
The fintech raised an $800,000 pre-seed round in 2020. The round also received follow-on investors from VCs such as Ten 13, Uncovered Fund, MyAsia VC, Jedar Capital, Logos Ventures, Plug N Play Ventures, Untapped Global, Latam Ventures, Cliff Angels, Chandaria Capital and Changecom. ImaliPay is an example.
In 1999, the Greenpeace national offices in Denmark, Sweden, Finland and Norway united to form one regional entity: Greenpeace Nordic. The last few years have been pivotal for the environmental movement as the effects of climate change and shifting global weather patterns have become increasingly apparent and driven up public awareness.
They are also closely watching developments in generative AI services — so concerns raised in the letter look broadly aligned with issues already on the radar of the bloc’s data protection authorities. Mass data scraping of personal information can constitute a reportable data breach in many jurisdictions.”
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. “Obviously we have been on the right side of a global pandemic.
Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B. Thing is, in order for humanity to avert climate catastrophe, major reductions in global CO2 emissions are required — so, essentially, less consumption overall. It might be a different picture once we go to other markets as well.”
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. That round was later extended to $350 million.
That said, Norway’s VC community has been somewhat dormant for a while. High-profile players like Northzone and Creandum did well with early entries into Spotify and Klarna, among others, and now Norway is catching up with the rest of the European hubs. In Norway, sustainability-focused companies. More than 50%?
Norway abandoned its contact-tracing app on Monday after it reached just 10 percent adoption.) But a heated election year and a global pandemic are creating the perfect conditions for inaction or hasty corner-cutting. New York Attorney General Letitia James launched a probe into the company’s labor practices in April. Industry. ?
Here’s the latest: Norway’s foreign minister says tariffs hurt NATO allies Norway’s Foreign Minister Espen Barth Eide said the new U.S. Eide told NRK that he will raise the tariff war with U.S. billion with the semiautonomous Chinese territory over the past decade, the highest among its global trading partners.
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