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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.,
Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Leading the round is Berlin-based Cherry Ventures — the first deal, I believe, from newly recruited partner Sophia Bendz, who herself is based in Sweden.
Addressing this, Cerve , a Sweden-based food tech startup, has raised a $2 million seed round for its infrastructure platform that claims to automate wholesalers’ sales operations. As we found during the pandemic, food and beverage distribution is critical, but most food wholesalers’ sales remain manually operated.
These vehicles are already available to shipping companies and carriers in Sweden and in the U.S. And that is basically why Einride is having to raise such a large pot of financing now, having already raised around $150 million since its inception including its $110 million Series B last year. Expansion drive.
Normally in the music industry, it’s more or less impossible for ordinary investors to buy music rights. Royal went on to raised a total of $71 million , including from the likes of a16z Crypto. That’s good news for web3 music company AnotherBlock , based out of Sweden. Prior to this round, the startup had raised a $1.2
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
As the automotive industry inches slowly ahead on the road to self-driving vehicles, we’re seeing the emergence of startups aiming to fill in some of the technical gaps in autonomous systems as they exist today. “Annotell’s platform helps you understand the system’s performance and raise it.
The company is live in 23 European markets and plans soon to expand to Croatia, Hungary and Sweden. UK challenger bank Starling raises $376M, now valued at $1.9B. The funding is notable in part because of who is doing the investing.
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.
Sweden often hosts a big part of that journey, its cold northern expanses offering the perfect mix of frigid temperatures and frozen surfaces. That's the question that brought me to Sweden. Before a new car comes to market, it's subjected to many months, sometimes years, of rigorous testing around the world.
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. based company that has raised over $1 billion — it has recently started its European expansion.
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem said today that it has raised nearly $54 million (€50 million) for a new European seed fund. And this is only its first close: the firm expects to raise as much as $80 million (€75 million) by the end of the year.
Spectralics is an alum of MobilityXlab, an accelerator in Götenborg, Sweden, and is also part of Drive-TLV, a mobility hub in Tel Aviv that connects startups with automotive industry investors. The new funding now brings the Israel-based startup’s total raised to $5 million.
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.
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. Players, who collectively average about 30 years old in the U.S., In Philanthropy.
Minut just raised $14 million to further expand its privacy-forward “shhhh, it’s time to take it down a few notches” solutions for the hospitality sector. Sweden, France and Spain. “I was talking with one of the first employees at Airbnb, when they were at Y Combinator. .” It has offices in the U.S.,
This month last year, we reported that the company had just raised a $2.5 The firm is known for its investment in the video gaming industry’s infrastructure, technology, tools and platforms. . With this investment, Carry1st has raised a total of $9.5 Africa’s gaming industry has lacked innovation in times past.
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. .
No, this isn’t a game of two truths and a lie — indeed, these are snippets from the life of a serial entrepreneur who harbors a vendetta against the carbon emissions produced by the world’s trucking industry. In May, the company raised $110 million to help fund its U.S. Einride launched its U.S. ” Robert Falck.
The cloud itself is a huge topic in the tech industry, and it helped us tremendously to gain attention and to grow into the business we are today. But when we initially started raising money – for building a new project management tool – investors fell asleep. He started Skype in Sweden.
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.
The likes of Sweden , Denmark , and the U.K. ” And to help take things to the next level, the London-based company today announced that it has raised $3.5 million from a slew of institutional and angel investors.
With this new mechanism, fund managers should be able to raise a new fund more easily. And he strongly believes that the ability to raise large growth rounds in Europe will lead to large tech companies down the road. These funds are Eurazeo and EQT — a French fund and a Swedish fund.”. More countries should join the list soon.
The first electric bus by Swedish-Kenyan EV startup, Opibus , has hit Kenya’s roads marking the beginning of the company’s venture into the mass transit industry. Opibus first announced plans to roll out electric public transport buses last year when it raised $7.5 million in a pre-Series A round.
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.
According to figures shared with The Verge by industry body Mobile UK, there were more than 200 incidents of abuse against telecoms engineers since March 30th and more than 90 arson attacks against mobile infrastructure. She raised her voice almost immediately: “‘You’re killing people. You know what you’re doing.
More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.
News of the delay, which Microsoft attributed in part to the pandemic, came after the game’s visuals were met with criticism after their initial unveiling, prompting developer 343 Industries to admit , “We do have work to do to address some of these areas and raise the level of fidelity and overall presentation for the final game.”.
Russia invaded Ukraine last week, which, in addition to being a human rights tragedy, is going to affect industries far and wide as supply chains become even further disrupted than they were before war broke out. Fetch , a self-service truck rental marketplace, has raised $3.5 Let’s get to it. First thing’s first.
A Ugandan environmental activist was suspended from Twitter in the midst of a high-profile campaign — a suspension he believes is connected to his opponents in the country’s government and industries linked to deforestation. The suspension has drawn concern from around the world. This is unacceptable.
His work as a partner at and Kleiner Perkins was dedicated to leading the sustainable transformation of industries. Apex.ai , mobility software startup founded by Bosch veterans and automated systems engineers Jan Becker and Dejan Pangercic, raised a Series B $56.5 Gopuff is in the process of raising $1.5
The 2009-founded startup has raised more than $290 million to date over its decade+ run but describes itself as just at the beginning of a journey to make a dent in the massive and growing market for temporary work, expecting demand to keep stepping up as more sectors and processes go digital in the coming years.
Swedish digital health startup Kry , which offers a telehealth service (and software tools) to connect clinicians with patients for remote consultations, last raised just before the pandemic hit in Western Europe, netting a €140M Series C in January 2020. “Obviously we have been on the right side of a global pandemic.
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. Volvo will release it in more markets later this year and into 2026. Volvo This article originally appeared on Engadget at [link]
Steelmaking is one of the hardest industries to decarbonize due to its reliance on high temperatures and coal-based fuels to drive crucial reactions. This week, the company completed the first run of its largest reactor yet, which validates key technologies required to start producing steel at industrial scales.
Tesla sales also fell in France, Sweden, and Norway last month. The Cybertruck, Teslas first all-new vehicle since 2017, is the biggest flop in the auto industry , Niedermeyer says. But in addition to impacts on Tesla, the protests can help raise awareness of whats happening now in D.C.
What struck me about this is that we’d heard a lot from Google, from Facebook, and from Australian government officials, but we hadn’t really heard from anyone from the Australian tech industry. I have a number of questions about Atlassian, how you are running the company and I want to talk about the Australian tech industry.
For comparison's sake, industry giants ExpressVPN and NordVPN were founded in 2009 and 2012, respectively.) It's raised money for privacy activists in Hong Kong. In a crowded industry with a lot of loud voices, this makes it a decisively worthy pick. Subscribers are covered by a 30-day money-back guarantee.
Are there startups that you wish you would see in the industry but don’t? Which industries in your city and region seem well positioned to thrive, or not, long term? Which industry segments that you invest in look weaker or more exposed to potential shifts in consumer and business behavior because of COVID-19? E-commerce.
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