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Portugal Cities like Lisbon, Porto, and Braga have emerged as thriving hubs for remote workers, offering reliable high-speed internet, a lively creative and startup scene, and a warm, welcoming community of international professionals. Portugal meanwhile has the advantage of being an hour nearer the U.S.
Ventura Capital led the round, with participation from Iberis Capital and a number of unnamed strategic investors from the maritime industry. Tekever — based, fittingly, in historic maritime superpower Lisbon, Portugal — was founded back in 2001 and has only been offering commercial services since 2018.
An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students. Meanwhile, established private companies also have a responsibility: to use their industry clout and cash to help startups grow and innovate towards a mobile-savvy Brazil.
It’s a capital-intensive industry. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. “We We are defining the ultrafast delivery sector and this latest round of funding is a testament to Getir’s position as industry pioneer. “We That’s why these instant delivery startups have been raising mega rounds of funding.
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. million, according to Aerobotics.
Speaking to TechCrunch Salgado added: “We are a software company, and our technology enables us to connect to industrial manufacturers that would usually work only for large corporations. Using AI we aggregate multiple orders, and supply those orders using the network of industrial producers that we have in our marketplace.
Plus, don’t miss our first investor surveys of 2021: one by Lucas Matney on social gaming , and another by Mike Butcher that gathered responses from Portugal-based investors on a wide variety of topics. Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger. To gain a deeper understanding of the U.S.
The super fast grocery delivery industry will steadily grow for many years to come and Getir will lead this category it created 7 years ago,” Getir founder Nazim Salur said in a statement. 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.
Ricardo Weder , former president of Cabify (a large ridesharing company operating in Latin America, Spain and Portugal) founded Jüsto in 2019 with a mission to “disrupt the Latin American grocery industry.” Existing backers also participated in the round, including Foundation Capital and Mountain Nazca.
This means that you can produce cannabis, for example, in Portugal, and sell to any EU country as long as you have export/import licenses. What are some of the biggest challenges facing Europe’s cannabis industry right now? Leah Fletcher , founder and director, Arbutus Innovation Centre. will.i.am , investor, Sanity Group.
FuroSystems also makes a point of using industry-standard parts such as Shimano gears and hydraulic disk brakes, which makes it competitive with others such as Gocycle and Brompton. Wertheimer added that part of the bike manufacturing is likely to be brought to Portugal in order to fulfill demand.
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. 3: Comprehensive industry safety report released (spring 2019). 1: Shared scooters launched (fall 2017). 2: First custom-designed shared scooters released (fall 2018).
The food tech industry is effectively now going into fast food. Into this area has come European startup Poke House , which is effectively industrializing the production of “poke bowls” for food delivery platforms. Sweetgreen in the U.S. is a “fast-casual” restaurant chain that serves healthy “bowl food”. It’s raised $478.6
Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. Rising inflation and the deteriorating macroeconomic outlook around the world pushes all companies, especially in the tech industry and including Getir, to adjust to the new climate. Getir currently operates in its home market of Turkey, as well as the U.K.,
First up is Spain and Portugal (launching next month), followed by Italy, the U.K. The result is that it claims to be able to operate a fully integrated fulfilment solution at a fraction of the industry standard cost. and Germany. This has seen the company grow its gross merchandise value (GMV) from €30 million to €250 million in 2020.
During the Portuguese Presidency of the Council of the EU, Portugal announced that it would go one step further and create the European Startup Nations Alliance (ESNA). The EIC is supposed to support breakthrough technologies across different strategic industries, such as healthcare, energy and green innovations.
Virtual Reality (VR) has struggled to transition too far beyond gaming circles and specific industry use-cases such as medical training , but with the burgeoning metaverse movement championed by tech heavyweights such as Meta , there has been a renewed hope (and hype) around the promise that virtual worlds bring. ” Training day. .
The platform and financing is currently available in Spain, Portugal, and the U.K., As such, a slew of VC-backed student funding platforms have emerged of a similar ilk to StudentFinance, including San Francisco–based YC alum Blair , New York’s Leif , and Arlington’s Vemo Education.
Uber will work with automakers — General Motors in the US and Canada, and Renault-Nissan in cities in the UK, France, Netherlands, and Portugal — to “extend attractive offers” on electric vehicles to drivers. But Republicans have resisted efforts to prop up the electric car industry through tax credits and incentives.
Fidel API is industry agnostic, with customers ranging in the “hundreds,” from startups to giants such as Google, Royal Bank of Canada and British Airways. Fidel API has offices in its home base of London as well as in Lisbon, Portugal, and New York. Presently, it has 130 employees distributed globally.
. “Since its inception eight years ago, Tink has proven itself to be the leading open banking platform in Europe, and our investment underlines the confidence we and the industry have in Tink and open banking. We look forward to supporting them on their continued journey.”. It is live in Sweden, U.K.,
it says customers span all industries but — as you might expect — it says take-up it’s highest among blue collar workers. “We cater to all industries, from restaurants to startups to hospitals, but uptake is best amongst blue collar workers,” says Sukhwani.
The startup, which isn’t the only company using AI, would compete with AI-powered communication surveillance platforms like Behavox and Relativity in the industry. 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.
Fresh off the launch of a new product designed to measure engineering performance metrics, Lisbon-based Codacy has closed a $15 million Series B funding round led by Bright Pixel Capital, the corporate VC of one of Portugal’s biggest employers, the Sonae Group. To date, Codacy has raised $28 million.
Formally announced at Web Summit in Portugal today, Mozilla Ventures builds on other recent investments the company has made as part of its Mozilla Builders startup incubator program, though in truth Mozilla has sporadically invested in nearly 20 companies over the past decade. The other two include Block Party , which raised a $4.8
The transformation will be bigger than anything the industry has seen in the last century.”. The first two plants will be in Salzgitter, Germany, and Skelleftea, Sweden; a third plant will be established either in Spain, Portugal, or France; and the fourth factory will be based in Eastern 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).
Industries that typically rely on in-person connections, like fitness and religious institutions, found themselves having to engage their audiences through live streams. They left the UK as soon as they could and traveled to Portugal where they own property and a barn, which they’ve focused on fixing up.
I think in our generation we don’t understand creating a new innovation system or a new industrial-economic system if we are not also talking about its social impact,” says Polo. Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger.
Imagine you have developed a groundbreaking product that is going to revolutionize your industry. Vlad helps individuals and companies of all sizes with protecting innovations, particularly in the electrical and computer fields. You do not want your competitors to copy the product.
Bounce also established a European HQ in Lisbon, Portugal, last year to prep for its regional growth push.). The new funding will go on fast scaling in Europe — where key markets it’s targeting include Italy, France, and the UK. The Series A money will also be put towards expanding the number of services it offers.
So in order to sum up when it comes to stock options, we really believe that we have put Spain ahead of countries like the UK, France, Germany, Italy or Portugal. So we get on par with countries like France, Portugal, Estonia, Croatia, and the Netherlands. First, in there, we are creating a new visa category that is digital nomads.
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. Flown has now closed a $1.5 The funding will be used to build out the Flown platform ahead of its formal launch in the U.K. Alicia Navarro, founder, Flown.
He’d grown up in Portugal, a country that transitioned from a dictatorship to democracy in the 1970s. The move made Lissack somewhat of a folk hero in the financial services industry. (Anandkumar did not respond to a request for comment from The Verge.).
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.
Like others in the transportation and tourism industries, FlixMobility saw business essentially grind to a halt last year, putting it into a holding pattern to await brighter days. ” The company put safety measures in place, and even expanded some routes in select countries like Portugal and the U.K.,
According to Airbnb’s CEO, the number of nights booked at US listings between May 17th and June 3rd was greater than the same weeks from the previous year, and similar increases in domestic holidays are being seen in other countries including Germany, Portugal, South Korea, and New Zealand.
Readers who were paying attention when Google bought YouTube almost exactly 14 years ago today will remember the ensuing surge in fundings, foundings, acquisitions and overall consumer internet industry activity that helped the Silicon Valley internet scene get back on its feet (and helped this site get on the map, too). Around TechCrunch.
Interested buyers can now order the ES90 in Austria, Belgium, the Czech Republic, Finland, France, Germany, Greece, Hungary, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom. Owners can access the model's infotainment system on its 14.5-inch
Portugal and India are leading fabric-producing countries, he tells me.) For instance, it has worked closely with its factory in Portugal to update its linen sheets to a weave that is exclusively available at Brooklinen; it’s softer and stronger than before, and made from traceable European flax.
It represents just a blip in the countrys $54 billion candy industry. Pistachio Snickers bars are from India, now subject to 26% tariffs, while passion fruit mousse Snickers are from Portugal, now under the 20% European Union levies. On products like these, the tariffs toll is obvious. But even an American-made Snickers isnt immune.
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