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Skyqraft , the Swedish startup using AI and drones for electricity powerline inspection, has raised $2.2 Skyqraft, a startup using AI and drones for electricity power-line inspection, raises $505K. in 2021 with the global utility company Iberdrola.
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.
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 is live in Sweden, U.K.,
It brings the total funding raised by Liberis to £200 million, including more than £50 million in equity funding. Finland, Sweden, Czech Republic and Slovakia). Liberis raises £57.5M To date, 2007-founded Liberis has provided over £500 million in financing to 16,000 SMEs across Europe, the U.S. and the U.K.
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. “I can look at my slide, from when I pitched this 10 years ago,” he told me.
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. These vehicles are already available to shipping companies and carriers in Sweden and in the U.S. powered by its Saga platform that helps clients operate and optimize their fleets.
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. Corporations want access to that consumer data without necessarily storing it, but again, there is no global open protocol for them to do so,” the investor deck reads.
Chunk was initially launched with restaurants and chefs in Sweden. Including the latest round, Stockeld has raised just over $24 million to date. The company also looks to expand out of Sweden and into the U.S. “We We have ambitious investors who understand what we are trying to do,” Tavakoli said. “We
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.
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.
The aggressive push into new markets is fueled by the $750 million Series A funding round Zeekr raised in February, which shot the automaker’s post-money valuation up to $13 billion. Prior to that raise, Zeekr said it had filed confidentially for an initial public offering in the U.S.
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.
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.
It has now raised $18.8 million/£14 million) in Series B fundraising from Element Ventures, MiddleGame Ventures, Nineyards Equity and Visa, to expand its open banking technology to banks globally. Founded in Gothenburg, Sweden in 2016, Minna enables customers to manage subscription services via their existing bank’s app.
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.
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.
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. Bond and Tiger Global led the Series C. Germany, the Netherlands and Sweden. A marketplace without inventory.
The pandemic has seen such platforms scale globally, and Africa is not exempt. Webrock Ventures is a Sweden-based investment company that employs a venture-building model. So essentially, the firm partners with tech companies in Sweden and combines its cash with the company’s business models to create portfolio businesses.
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. They have raised sizeable rounds with enviable backings as well. Plaid leads the way in the U.S.
Video games are big — bigger than Hollywood in terms of revenue, as a $66 billion global industry. This nonprofit social arm of the juggernaut game developer has helped to raise more than $7 million for charities through FarmVille 24 million users alone. You can register here. Around Gender.
Today, a startup from Gothenburg, Sweden called Juni is announcing $206 million in funding — a $100 million Series B and a further $106 million in debt — to build out e-commerce-focused neobank, designed specifically to cater to that growing group of retailers with tools to help them run their business.
This month last year, we reported that the company had just raised a $2.5 Also, the company helps local studios that find it difficult to create games with a global appeal by pairing them with strong operators. “For global studios, this is the difference between making money and not,” Robbin-Coker added. .
Alongside the equity raise, the 2009-founded startup has secured another chunk of debt financing ($75M) from Blackrock. Existing investors including Atomico, DN, Infravia, Kibo and Quadrille also participated in the round — which the startup said values its business at $2.35BN (post-money).
. — Anna To SVB and back The Exchange recently noted how Sweden was punching above its weight in terms of startup dollars raised per capita. Israel’s tech scene is also remarkably resilient and relatively immune from the country’s global and local political woes. MDI Health CEO Avishai Ben-Tovim was one of these.
Every nonprofit, big or small, stands to gain from working towards a common global goal. From a place of political neutrality, Sweden found that environmental pollution could be an issue of potential cooperation between members of the UN, and hosting a conference on that topic would help boost the UN’s global perception.
When we started our business, only a few global tech businesses were also located in Berlin – most famously SoundCloud. But when we initially started raising money – for building a new project management tool – investors fell asleep. He started Skype in Sweden. It’s now a global product, in US, Asia, Europe and Africa.
billion underbanked people globally , the majority of which are from emerging markets. Born in Germany to a Nigerian father and German mother, Hainy began his entrepreneurial journey in 2015 by launching a food delivery company in Sweden. The Lagos and Paris-based company raised $11 million Series A in 2019. There are over 1.7
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. Its biggest competitor, Bolt, raised “roughly 50 times that figure,” according to The Information. .
In May, the company raised $110 million to help fund its U.S. I mean, the heavy freight transport industry stands for between 7% to 8% of global CO2 emissions, and the engines that I helped to produce contribute roughly 1% of global CO2 emissions. Einride launched its U.S. expansion, bringing its total funding to $150 million.
The company also told me via email that since publicly listing on the LSE in July 2021, it has grown its global customer base by nearly 6 million. Amsterdam-based payments behemoth Adyen claims that it has become the first to embed the Click to Pay experience into its online checkout flow globally. on May 5, 2022.
90% of those orders come from Germany or “German-speaking countries” and the remaining 10% comes from countries like the Netherlands, Spain, France, Italy and Sweden, where the vehicles will be manufactured. Sono has partnered with National Electric Vehicle Sweden (NEVS) to produce the vehicles in its former Saab factory.
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.
Opibus first announced plans to roll out electric public transport buses last year when it raised $7.5 Our strategy is to design and develop a bus that is viable in price, durable and accessible for this region…We are building a product that allows for a rapid scale up, that can leverage global and local manufacturers.
To fund development of the marketplace, the team has raised around $4 million in total to date — mainly comprised of a $3.6M Alfred is from a small village in the middle of nowhere in Sweden, I grew up in an immigrant family, and Sam is a working class bloke from Leeds. And we had fairly little exposure to opportunity.
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.
Such per country regulations likely (partly) explains the meaty size of Mayd’s seed raise, along with the usual tech and recruitment challenges of scaling an urban logistics app business. “In Germany there is a different situation who can deliver medicine.
The global EV battery market is currently led by CATL, with the Chinese giant accounting for more than a third of the market from January to October, according to figures compiled by industry tracker SNE Research. It has also made a foray into the European market, currently selling EVs in the Netherlands and Sweden.
Since the UK entered lockdown in March, engineers like Qureshi had unwillingly found themselves on the front line of a strange global crusade. Any point he brought up would be shot down by the woman’s self-fulfilling rationalization that Qureshi was part of a global conspiracy. His job felt undeniably essential.
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.
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 trillion market globally.
On September 19, I reported how Boundless Rider and CoverTree each raised millions of dollars to provide insurance for very specialized products. Then, midweek, I covered Pie Insurance’s massive $315 million Series D raise. Ghanaian fintech SecondStax allows investors to access capital markets outside their countries, raises $1.6M.
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.
Fridays for Future, the global movement that started with teen activist Greta Thunberg’s climate strikes in Sweden, posted a tweet on September 28th to call attention to numerous accounts suspended around the world this year. Some environmental activists returned to the streets on September 25th for a Global Climate Strike.
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