This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The company operates an e-commerce platform focused on DIY, home improvement and gardening products. So why did the company raise given that it’s already in a strong position to replicate the same model in other European markets? In addition to France, the startup operates in Spain, Italy, Belgium, Germany and the U.K.
In the latest development, an Opendoor-style startup called Casavo , out of Italy, is announcing that it has raised €400 million (about $410 million currently). Platforms like Casavo’s found a lot of traction for making it easier both to buy and sell in the pandemic climate, he added. Shaw & Co provided the debt.
Retail Rocket , a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. “The digital marketing world is growing very fast and the demand for highly-skilled professionals is constantly increasing,” CEO Khlebinsky said.
Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. billion acquisition of Plaid.
The company has been building a platform focused on improving temporary employment. 2,000 companies are using the platform in France and Italy. There are still some growth opportunities in its existing markets as well. But, let’s be honest, the temporary work market is huge.
As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.
The platform is designed to increase profits for hotel operators through automated business processes, intelligent pricing and higher occupancy rates. Germany-based NUMA Group expanded into Spain, Italy, Austria and the Czech Republic in 2021. ”
With this investment round, Nutrium plans to double the team size in the next 24 months in order to focus on platform development and expand global sales in markets like Spain, France, Italy, the U.S. Today, Nutrium operates in more than 40 markets, having increased its turnover exponentially.”. and the U.K., million.
Thanks to recent regulatory changes, British investment platform Crowdcube plans to shake things up as it is officially launching on the French market. It makes sense as Finary is a wealth management platform and crowdfunding rounds also represent alternative investment opportunities. I recently covered Finary ’s Series A round.
TrovaTrip , a travel planning and booking platform that lets creators host adventures with their communities, has raised $15 million in Series A funding led by Madrona. The platform includes bookable experiences like hiking in Patagonia, sourcing textiles in Morocco, practicing yoga in Bali and more. Image Credits: TrovaTrip.
It’s been a year since I covered ManoMano , the French e-commerce platform focused on DIY, home improvement and gardening products. There are 7 million active clients on the platform — that’s a 100% increase. In addition to France, ManoMano is operating in Spain, Italy, Germany, the U.K. billion ($1.45 billion at today’s rate).
Payments made a huge shift to digital platforms during the COVID-19 pandemic — purchasing moved online for many consumers and businesses, and a large proportion of those continuing to buy and sell in-person went cash-free. Apple lowers commissions on in-app purchases for news publishers who participate in Apple News. .
Adding PayPal, the most popular online payment service, has been a frequent request from our users for some time, so we’re really pleased to have integrated it into our donation process and become the only online fundraising platform in the UK to do so." Could This Be Your All-in-One Social Network? "What do you think?
To power the expansion, which will see Lightyear land in 19 new markets, including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a Seres A round of funding led by U.S. Lightyear , a U.K. fintech startup that promises consumers commission-free trading on U.S.
Among others, it competes with ShippyPro , which runs out of Italy and has raised $5 million to date. The Outvio team has understood exactly what the gap in the market is and has done a tremendous job of finding product-market fit with their modern fulfillment SaaS platform.”.
Startups in this class come from far and away, including Argentina, Austria, Australia, Brazil, Croatia, Denmark, India, Japan, Italy, Latvia & Estonia, Spain, and Taiwan. Kickfolio: service to help brands market their iPhone apps. Pick1: retargeting service through automated market research.
The conversational commerce market is fairly substantial too, with China’s WeChat reportedly facilitating $250 billion in transactions in 2020 alone. Charles’ platform in action. On top of that, retailers can use the Charles platform to create automated opt-in flows (e.g. GDPR) firmly in mind.
Digitization and globalization are giving rise to growing publishing markets that promise new business opportunities. The investments that Amazon, Apple and Google, among others, are making in aggregating Spanish-language digital content signal their priority on developing the Spanish-language markets in Latin America.
Into this area has come European startup Poke House , which is effectively industrializing the production of “poke bowls” for food delivery platforms. It uses tech and data to optimize the production and delivery of its product via all the major food delivery platforms such as Uber Eats, etc.
It has closed a Series D of $220 million at a valuation of over $1 billion, money that the startup will be using both to build in more products to extend its touch points with customers beyond annual use around tax time; and to expand to new markets beyond its current footprint of Germany, Spain and Italy.
The plan is to integrate more Kahoot features into Drops’ apps, and to bring some of Drops’ content into the main Kahoot platform. Kahoot picks up $215M from SoftBank for its user-generated, gamified e-learning platform. Spain, Italy, France, Germany, Sweden, the Netherlands, Hungary, Ukraine and Russia. million (€6.3
France, Italy and Spain. But with the SPAC market facing a lot of troubles, and the tech IPO market drying up at the end of 2021, Acorns scrapped its SPAC IPO plans in January of 2022. GoHenry will help it extend in that market segment. Prior to GoHenry, Acorns had also acquired Vault, Harvest Platform and Pillar.
New investors include FinTLV, Ace & Co, LGT and its affiliated impact investing platform Lightrock, Partners Group, EDBI, Jupiter and Decisive. We nailed how to disrupt it in our core market,” Teicke said. The company is currently live in five markets right now and is working on expanding to Italy soon.
If you look at the total volume of the insurance premiums on the platform, it’s around €2 billion. Wefox currently operates in six European markets (Germany, Switzerland, Austria, Italy, Poland and Netherlands). Wefox currently operates in six European markets (Germany, Switzerland, Austria, Italy, Poland and Netherlands).
before the market closed. The company’s path to market is twofold. Most of the preorders for the vehicle have come from Europe, where the market launch will take place. “One base” vehicle platform. On Wednesday, Sono Group, the parent company to Sono Motors, went public.
Cross-border logistics company iMile Delivery has recently entered the Italian market and established its European headquarters in Germany, becoming the first Chinese express delivery startup to enter Europe, according to an August 7 report by Chinese media outlet LatePost. The company targets the Middle East delivery market.
It’s been estimated that the Turkish company employs some 32,000 people in the nine markets where it operates, which would work out to 4,480 people impacted by the downsizing. Getir currently operates in its home market of Turkey, as well as the U.K., Germany, France, Italy, Spain, Netherlands, Portugal and the U.S.
Funding and activity were centered in a couple of markets and there were just a few growing companies gaining interest. Gone are the days when pitches to VCs would have to overcome skepticism on market size, and consumer readiness to adopt tech-enabled learning solutions. But that’s no longer the case. A year of records.
Now, as it gears up to add more services to its platform and expand across all of Europe, the startup has raised €100 million ($114 million), in a round of funding led by Greenoaks Capital, with Ribbit Capital and new backer SoftBank Vision Fund 2 also participating.
But only a few days before the initial listing the company pulled the plug with an eye on the developing Evergrande debt crisis that made the global stock markets very nervous. It has yet to announce a new date, but as Babbel CEO Arne Schepker told me, the company continues to monitor the markets.
More consolidation is apace in the world of payments: Nexi , the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 “Together with Orderbird, we underline our commitment to the integrated software market, while enhancing our offer to hospitality clients.”
The other is attract new employees in a market where there remains fierce competition for talent. The “employee benefits & well-being” market is said to be worth €200 billion, and Europe makes up more than 40% of that market. However, many of these schemes leave something to be desired.
Doctolib started as a booking platform for doctors and has expanded to other services for doctors and medical workers in general. 2021 has been a pivotal year for the company as the platform has reached a critical mass in France. Vaccination places can use other platforms , but in reality most of them use Doctolib to handle bookings.
Today, Scalapay , one of the companies that’s building a platform to enable buy now, pay later (BNPL) and related features, has raised a round to boost its position in the race for customers against competitors like Klarna, Afterpay and Affirm. It claims to be the biggest provider of BNPL services in its home country.
That market driver has now led to a significant growth round for a startup that is helping the larger of these businesses, including those targeting the B2B market, build out their digital sales operations with more agile, responsive e-commerce solutions.
On the marketplace side of things, the company focuses on Mediterranean countries first, starting with Greece, Italy, Spain and France. “We As agriculture is one of the least digitized sectors, there’s room for a B2B trading platform without intermediaries. Wikifarmer is approaching 1 million unique visitors per month.
” Going forward, it will focus instead on its home market of Germany, as well as France, the Netherlands, the UK and the US, which it says collectively account for 90% of its revenues currently.The announcement came on the heels of a report in the German press last night about the layoffs. Apparently others have also looked. (It’s
He said that peer-to-peer platforms still split payments “in a very rudimentary” way, while Ivella wanted to intercept transaction authorizations so that people are only charged what they set their ratio to be. The first iteration of Ivella looked like, he admits, a P2P transfer platform with better UX.
For example, the UEFA Championship League match that occurred between Atalanta-Valencia in Milan has widely been seen as a “ biological bomb ” that set off the overwhelming coronavirus case numbers and death toll in Italy. Event planners should consider: Investing in a Virtual Events Platform. Connecting Local Events.
Given the size of the problem — and addressable market — it’s not surprising that Katakem has competition. There’s Kebotix, a startup developing AI and robotics tools to expedite the discovery of chemicals, and Artificial , which sells a lab automation platform aimed at life sciences R&D. . million ($1.27
.” Among users it notes a high uptake — with a 40% download rate on average, and rates as high as 90% for some of its clients — which it claims is 5-10x higher than other on-demand salary platforms and other social benefits. Currently, it has pilots running in Italy and Portugal.
Ramping up in this way underscores just how hot the BNPL market is right now, and also how the startup has been faring within that. It now works with 3,000 merchants in Europe — specifically Italy, France, Germany, Spain, Portugal, Finland, Belgium, Netherlands and Austria — and it has yet to move into huge markets like the U.S.
Practically every automaker is betting that electric vehicles will be the future, with some of the largest countries (and largest auto markets ) in the world moving to phase out gas-powered cars and trucks. The Swedish company has said it plans to increase its market share in Europe to 25 percent by 2030. Charging expansion.
Despite lackluster earnings, Helbiz’s stock is trading higher than its public market rival Bird, which also announced earnings today. During Q3 2021, Helbiz launched Helbiz Live, a sports streaming platform that is currently showing Italy’s Series B soccer, NCAA football and basketball, and MLB games. Today, at $1.43
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content