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Tekever , which builds drones with integrated AI specifically tailored for monitoring and detecting activity on water, has raised €20 million (just under $23 million at today’s rates). Ventura Capital led the round, with participation from Iberis Capital and a number of unnamed strategic investors from the maritime industry.
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.
That’s why these instant delivery startups have been raising mega rounds of funding. 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
Jüsto , an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. In fact, according to PitchBook data cited by General Atlantic, the round represents the largest Series A raised in Latin America in the past decade.
Bizay , a marketplace for small-to-medium-sized businesses allowing them to create highly customized products (such as merchandise), has raised a $38.6 This means Bizay has now raised a total of more than €54 million. This means Bizay has now raised a total of more than €54 million. Portugal’s Faber reaches $24.3M
An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students. immigration law that has created a new visa category for entrepreneurs who have raised money from American investors. Enact more tax breaks and funds for startups.
Cubyn , the Paris-based logistics startup that lets e-merchants outsource fulfilment and delivery logistics, has raised another €35 million in funding. First up is Spain and Portugal (launching next month), followed by Italy, the U.K. Cubyn raises €12M Series B to let e-merchants outsource fulfilment. and Germany.
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.
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.
To meet this rising demand for “more advanced” cross-channel surveillance, Shield announced Thursday it has raised $20 million in a Series B round of funding. 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.
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. Those services raised a ton of money and grew at a rapid pace during the COVID-19 pandemic. TechCrunch has confirmed the news with Getir.
The food tech industry is effectively now going into fast food. It’s raised $478.6 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. A similar firm is Sweetfin.
Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. This is a stark swing of the pendulum for a company that raised $768 million at an $11.8 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.
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. “That helped its valuation.
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. Energy crisis.
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).
Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. 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. The company did not disclose its valuation.
StudentFinance , a European fintech that funds educational programs for individuals through so-called income share agreements , has raised €39 million ($41 million) in a Series A round of funding. The platform and financing is currently available in Spain, Portugal, and the U.K., ” Prior to now, StudentFinance had raised a $5.3
Alongside the equity raise, the 2009-founded startup has secured another chunk of debt financing ($75M) from Blackrock. The startup touts an average NPS score for workers on its platform of 56 vs an industry average that it says stands at just 18. “ Jobandtalent is by far the largest job platform in Europe.
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). With this new mechanism, fund managers should be able to raise a new fund more easily. It’s a new entity that is in charge of the Startup Nations Standard.
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.
million Series A funding round — bringing its total raised since January 2020, when the business was founded, to $13.6M. it says customers span all industries but — as you might expect — it says take-up it’s highest among blue collar workers. Currently, it has pilots running in Italy and Portugal.
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
Bounce also established a European HQ in Lisbon, Portugal, last year to prep for its regional growth push.). ” Bounce raises $1.2M The new funding will go on fast scaling in Europe — where key markets it’s targeting include Italy, France, and the UK. Travel is also exploding right now.”
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.
The size of the round and the raised valuation — it’s gone up by $1 billion since FlixMobility last raised in 2019 — are bold signs of how FlixMobility is coming out of the pandemic swinging, with investors backing its ambitions. but mainly had to reduce or completely stop services in the last year.
“Compensating talent and raising capital are the (only) two things you can use your startup’s equity for, and you need to do both in order for your company to grow large. 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. Lots of VCs are raising.
Volvo gave the ES90 a slightly raised ride height and its Thor's Hammer headlight design, along with its new C-shaped LED rear lamps. Owners can access the model's infotainment system on its 14.5-inch inch center screen display, which comes with built-in Google apps, including Maps and Assistant.
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