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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. He noted that the European region is home to a lot of technology talent, and the tech hub was something that had been in the works for awhile, but was postponed due to the global pandemic.
Techstars NYC just announced the 10 startups participating in this year’s program, making up what Managing Director Jenny Fielding described as the accelerator’s most global class yet. companies, as well as others based in the France, Israel, Kenya, Portugal and the United Kingdom. .”
million seed round led by Indico Capital Partners , alongside the Social Innovation Fund in Portugal (SIF) and previous investors. With this investment round, Nutrium plans to double the team size in the next 24 months in order to focus on platform development and expand global sales in markets like Spain, France, Italy, the U.S.
A global enforcement action known as "Operation Magnus" took down RedLine and Meta, two lines of infostealer malware that scammed millions of victims worldwide. An international coalition of agencies from the Netherlands, US, Belgium, Portugal, United Kingdom, and Australia called "Eurojust" took down the two malware rings.
In the latest development, TechCrunch has learned and confirmed that Getir — the $12 billion quick commerce upstart that provides grocery essentials and sundries and promises delivery of them in minutes — is cutting 14% of its staff globally. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S.
Give young startups a global experience. An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students. Enact more tax breaks and funds for startups.
Two of these are being announced today to coincide with the funding news: Remote has launched a Global Employee API that HR platforms that focus on domestic payroll can integrate to provide their own international offering powered by Remote. Remote raises $35M to help orgs with global workforce payroll, benefits and more.
Mubadala Investment Company is leading the founding round with Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global also participating. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. “We Following this deal, the company has reached a valuation of $11.8
The hubs, which include the existing ones in Lisbon (Portugal) and Tbilisi (Georgia), are intended to help its more than 100 clients hire local talent without having to establish operations in those jurisdictions. “We We see entering Egypt as the first step in our exciting journey to bring the entire continent into the global talent pool.
.” Web Summit Tokyo, which will take place in September 2022, as part of its global expansion, which will also include an event in Brazil Rio de Janeiro or Porto Alegre are currently being considered as the location.
As the global agricultural industry stretches to meet expected population growth and food demand, and food security becomes more of a pressing issue with global warming, a startup out of South Africa is using artificial intelligence to help farmers manage their farms, trees and fruits. It has offices in the U.S., Within that, the U.S.
In a release announcing the deal , TripActions noted that the funding will be used for global expansion, building off of its expense management launch in Europe and new offices in Portugal, Germany, France and the UK. Coatue Ventures’ Dan Rose will join as a board observer.
We are totally confident in achieving the goals that will allow us to enter a new level of global ambition”. Portugal’s Faber reaches $24.3M Our platform will be a key facilitator for businesses to recover at a faster pace. for its second fund aimed at data-driven startups from Iberia.
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.
Our 2021 funding report , released today, highlights key global growth and activity metrics in edtech with a focus on Europe. billion in 2021 from $790 million in 2020, compared to global funding growth of 34% to $20.1 We used data primarily from Dealroom, with which we’ve developed an edtech-focused data platform. A year of records.
In May, Getir announced that it would cut 14% of its global staff — more than 4,000 were impacted by the downsizing. Germany, France, Italy, Spain, the Netherlands and Portugal. That’s why 2022 has been a rough year for the industry, leading to a lot of layoffs, pullbacks and consolidation moves. It operates in the U.S.
Tiger Global is leading this round, with new backers Baleen Capital and Woodson Capital also participating, alongside Fasanara Capital and Ithaca Investments, which had backed Scalapay in its previous $48 million round earlier this year. The startup has raised $155 million at a $700 million valuation.
Today, they’re on track to surpass half a billion rides globally by 2021, far outpacing early growth in the carbon-heavy ride-hailing industry founded by Uber in 2009. Adaptable, environmentally friendly solutions to car congestion and urban pollution were in high demand even before the global spread of the coronavirus in 2020.
It is currently powering services for “tens of millions” of cardholders and “hundreds of thousands” of merchants globally. The raise is another example of how infrastructure companies in the fintech world continue to be resilient despite an apparent slowdown in global funding overall. The company did not disclose its valuation.
— 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. Global commerce depends on future-proof technologies capable of dealing with a rapidly evolving threat landscape.
But Localyze cites a PwC study on mobility in the global skilled workforce that suggests employee relocation is set to increase by 50% as we emerge from the pandemic. “We developed a software that automates large parts of the relevant processes around global mobility,” explains Asmussen.
The last year — shaped by a global health pandemic — has been all about bringing more services online and into the cloud, so people and businesses that can no longer do things like banking or selling/shopping in person can still get things done. It has now raised €175 million in total. It is live in Sweden, U.K.,
The Spin buy will give Tier a global footprint of more than 520 cities and communities in 21 countries, making it the largest shared operator in the world. Competitors Bird and Lime claim a footprint of 350 and 200 cities globally, respectively, although they use different metrics on their scorecards.
Realme says the GT will ship to Belgium, Germany, Luxembourg, the Netherlands, and Portugal, though the device isn’t currently available to actually order. Xiaomi’s excellent-value Mi 11 started at €749 (~$910) for an 8GB / 128GB model, for comparison. It’s not clear which other European markets it’ll be available in when it does launch.
Tekever — based, fittingly, in historic maritime superpower Lisbon, Portugal — was founded back in 2001 and has only been offering commercial services since 2018. Ventura Capital led the round, with participation from Iberis Capital and a number of unnamed strategic investors from the maritime industry.
The four-year-old startup said that it plans to use the proceeds to grow its global presence and ramp up development of its communications compliance platform. In addition, Shield opened an R&D facility in Lisbon this year, Weitzman said, adding that the company chose Portugal because it is becoming a major European tech hub.
Other countries are looking to up their offshore wind game too — earlier this week, Portugal raised its debut offshore wind power auction target to 10 GW, having previously set it at 6-8 GW. The broader European Union, meanwhile, claimed around 14.6 And VRAI goes some way toward addressing this.
And, one that should be required reading for any leader doing business globally or leading a culturally diverse workforce. It''s based on years of extensive research by Meyer, who is a professor at INSEAD and the program director for INSEAD''s Managing Global Virtual Teams program. It''s a fascinating read.
Led by Atomico, the round also included GIC as well as past investors Tiger Global, CRV, K-Fund and Creandum. The Barcelona startup has raised $120 million, a Series C that is not only one of the biggest for Spain, but one of the biggest currently coming out of Europe.
Currently it offers a temporary labor service in nine markets globally: Spain, the UK, Germany, France, Sweden, Portugal, Mexico, Colombia and the US — matching workers looking for temp roles with employers in need of casual labor in (with a focus on sectors like manufacturing and logistics).
And, one that should be required reading for any leader doing business globally or leading a culturally diverse workforce. It's based on years of extensive research by Meyer, who is a professor at INSEAD and the program director for INSEAD's Managing Global Virtual Teams program. And, that's why Meyer wrote her book, The Culture Map.
The 2020 global freeze on leisure travel put a temporary pause on demand for short term luggage storage. Bounce also established a European HQ in Lisbon, Portugal, last year to prep for its regional growth push.). The Series A money will also be put towards expanding the number of services it offers.
Although some global viewers might eventually return to their home church when cities, states, and countries eventually open up, Eckstrom says some attendees say the virtual ceremonies have become a routine they want to continue. This is the first time they’ve lived in a house in six years.
Aventa e-bikes are being assembled in Portugal with components sourced from around the world. Ease of repair is an important consideration for a young direct-to-consumer company that lacks a sophisticated global repair network. It took all of two minutes. Just ask early adopters of the VanMoof S3.
Local startups that have gained global attention over this period — for velocity of growth and level of ambition, at the least — include the likes of Badi , Cabify , Glovo , Jobandtalent , Red Points , Sherpa.ai , TravelPerk , Typeform and Wallapop , to name a few. .” Digital divides.
Yaccarino will be leaving her role as chairman of Global Advertising & Partnerships at NBCU. X opens up its ad revenue sharing program globally The company announced its “Ads Revenue Sharing” program is now available for eligible creators globally. X also changed its App Store tagline from “Let’s talk.”
The round was led by Abdiel Capital and Tiger Global. Notably this is not the largest funding event that the Portugal and U.S.-based This morning OutSystems , a low-code app development service, announced that it has closed $150 million in new capital. based software company has raised.
So today’s deep-workers and global digital nomads would probably be interested in a solution. and Portugal, onboarding new properties and hiring a team, which already includes hires drawn from hotel group Mr & Mrs Smith , Ometria, Quill, McKinsey’s Generation and Resi. This is in the ideal world of course.
It will aim to make the European Union the most attractive place to create a startup, in comparison with obvious global leaders like the U.S. Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger. Therefore, its significance is not to be underestimated.
We see historic fires in Greece, Portugal and North America’s entire West Coast ; epic floods in Germany ; devastating tornadoes in historically temperate geographies such as the Czech Republic ; record-breaking hurricanes in the Caribbean and Philippines; drought in Syria that ultimately led to civil war; destruction of the Great Barrier Reef.
TechSoup Global donation partner, Cisco , is starting to talk about an alternative to cloud computing, the paradigm that relies on huge data centers to do all our processing. The Team For a Better World from Portugal developed a prototype low-cost portable device that determines blood types in about 5 minutes.
But the one universal global thing is that data, data is just bad. Steven knows we live in a very highly descendants of Portugal here. And I’m on a mission to transform organizations through effective philanthropy. And I work with clients throughout obviously, now throughout the world. So this webinar is absolutely critical.
Stripe has said it is planning more global expansion that could include additional deals like this, so more cities around the world could be getting their moments this way. Mike is also working on a Lisbon survey and we’d love to hear from any investors focused on the city and Portugal in general. Around TechCrunch.
We didn't expect to find such a beautiful, thriving ecosystem," said University of Aveiro, Portugal, researcher and chief expedition scientist Patricia Esquete in a statement. One image released by the Institute shows off a "helmet jellyfish," which can be seen "with tentacles splayed." "We
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