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Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

TechCrunch

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. upr, Rohlik CEO and founder, told TechCrunch in an interview.

Europe 131
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TamatemGames raises $11M Series B led by PUBG maker Krafton

TechCrunch

Tamatem will use the latest funding to amplify its efforts by bringing various games with more popular titles to the Arabic-speaking market. The startup will hire local talents in Saudi Arabia to expand further. India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan. “We have employees in the U.S.,

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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

The company is live in 23 European markets and plans soon to expand to Croatia, Hungary and Sweden. We are confident that our investors’ extensive know-how and network of partnerships will accelerate Viva Wallet’s plan to unify the fragmented European payments market. ” he said (exclamation his!). .”

Business 102
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China’s Great Wall Motor to shut down European office as EV tariffs loom

TechNode

A company spokesperson attributed the move to tough market conditions and the very concrete threat of punitive taxes on Chinese imports, adding that the automaker will supervise its regional operations remotely to sell cars via local distributors in countries such as Germany and the UK. Automotive News Europe ]

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Chinese battery maker Gotion begins production at first EU factory

TechNode

16 that it has begun production at its first European plant in Gottingen, Germany, and expects to begin supplying local markets next month. The move represents a major overseas market milestone for the firm, which counts Volkswagen as its largest shareholder with a 24.77% stake.

Product 52
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8 Czech VCs on green shoots, pandemic impacts and 2021 opportunities

TechCrunch

How much are you focused on investing in your local ecosystem versus other startup hubs (or everywhere) in general? We are solely focusing on the European market, with an impact on the Czech Republic. How much are you focused on investing in your local ecosystem versus other startup hubs (or everywhere) in general? Vaccination.

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Chinese carmakers to become dominant globally despite tariffs – AlixPartners

TechNode

Chinese automakers will over time become a dominant force worldwide despite the US and Europe imposing extra duties on their electric vehicles, consultants AlixPartners said on Wednesday, highlighting that Chinas vehicle makers are on track to grab over 30% of the global market by 2030.

Global 52