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French startup ManoMano has raised a Series F funding round of $355 million led by Dragoneer Investment Group. 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.
Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. To date, Sennder has raised more than $260 million, allowing it to lay claim to a potential $1 billion valuation. So far it has concentrated on the lucrative European market.
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). The state of the market in particular lent itself to this. Pre-Covid, Tinacci said that in Italy it was typically seeing 500,000 residential transactions annually.
Refurbed , a European marketplace for refurbished electronics which raised a $17 million Series A round of funding last year , has now raised a $54 million Series B funding led by Evli Growth Partners and Almaz Capital. Refurbished electronics startup Refurbed raises $17M round, led by Evli Growth Partners. and Amazon Renew.
Christine and Haje The TechCrunch Top 3 Italy gives ChatGPT the boot : Italy’s government has been on a blocking kick lately. A few days ago, we wrote about a possible ban on cultivated meat , and today Italy wants to block ChatGPT, citing data protection concerns. On that note, enjoy your weekend!
Nutrium , a digital health startup which links dietitians and their patients via an app, has raised a €4.25 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. and the U.K.,
Fintech startup Yapily has raised a $51 million Series B funding round led by Sapphire Ventures. The company has been working on a single, unified open banking API for several European markets. France, Spain, Germany, Ireland, Austria, Italy and the Netherlands,” Vaccino said. We have between 90 and 99% coverage in the U.K.,
To whit, Impress , a Southern European player in direct-to-consumer orthodontics, has raised a $50 million Series A funding round led by CareCapital (a dental division of Hillhouse Capital in Asia), along with Nickleby Capital, UNIQA Ventures and investors including Michael Linse, Valentin Pitarque, Peter Schiff, Elliot Dornbusch and others.
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. New York-based SailPlay had raised $3.3 “We were impressed with the company’s results given the limited amount of investment they raised. ”
French startup Agicap has raised a new $100 million funding round led by Greenoaks. Agicap is currently live in France, Germany, Spain, Italy and the Netherlands. France still generates 50% of the company’s revenue but other markets are growing rapidly.
That’s why these instant delivery startups have been raising mega rounds of funding. The company covers 48 different cities for all other markets — the U.K., Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. “We In such an exciting and competitive market we cannot afford to stand still.
It’s raised $529.6 million, and, in the post-pandemic world where the population has become far more movable due to remote working, similar businesses are raising funds to attend to the needs of this global, nomadic workforce. Germany-based NUMA Group expanded into Spain, Italy, Austria and the Czech Republic in 2021.
VU is one of several startups applying technology to fraud and identity within a global digital identity market expected to reach over $33 billion by 2025, according to Adroit Market Research. In addition to New York, VU opened an office in Madrid and will open offices in Italy and France, and in the United Kingdom.
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 conversational commerce market is fairly substantial too, with China’s WeChat reportedly facilitating $250 billion in transactions in 2020 alone. million seed round of funding it raised last year. And longer term, it sees itself extending to markets elsewhere. This follows a $6.5 How it works.
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.
French startup Qonto has raised a $552 million Series D funding round (€486 million). It currently operates in France, Germany, Italy and Spain. This is a fragmented market as each country uses different accounting tools. Essentially, Qonto combines inbound marketing with the high margins of a SaaS product.
French startup Iziwork has raised a $43 million funding round. It was founded in September 2018 and it has raised $68 million overall. It was founded in September 2018 and it has raised $68 million overall. 2,000 companies are using the platform in France and Italy. Iziwork manages a marketplace of temporary work.
Gopuff , the “instant” grocery delivery startup that has been on an acquisition and expansion tear in the last several months to scale its business, is also racing to raise money to fuel those efforts. For some funding context, it was only in March that Gopuff raised $1.15 And in this case it looks like “more.”).
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.
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.
It has also raised $109 million (€95 million) in debt financing. Overall, it has raised $211 million (€185 million) in traditional equity funding rounds. The company recently expanded to other markets. It is now available in Spain, Italy, Germany and Belgium. In-store payments represent 30% of payment volume.
French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. With $40 million on its bank account, Cajoo now wants to solidify its strong market position in its home country. But Henri Capoul sees it as market validation.
French startup Younited Credit has raised a $170 million funding round. France is still the company’s leading market as Italy, Spain, Portugal and Germany represent 40% of Younited Credit’s revenue. The company wants to double down on European markets. The company offers several credit products to European consumers.
The startup has raised $155 million at a $700 million valuation. Scalapay has now raised $203 million in total.). 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. Why Square is shelling out $29B to snag BNPL player Afterpay.
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.
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. Hosts can also set up an email marketing campaign, in addition to promoting their bookable experience across their social media channels.
When Acorns last raised funding, $300 million in March 2022, it was valued at $2 billion; GoHenry has not disclosed its valuation but was believed to be valued at between $250 million and $500 million in October 2022, when it raised $55 million. France, Italy and Spain. GoHenry will help it extend in that market segment.
More posts by this contributor Edtech’s honeymoon might be over, but expect a second boom Despite creaky markets, European edtech is showing its resilience During the darkest days of the pandemic, money was no object in many developed markets. Italy was the only European market to see a hike in both funding and the number of deals.
German startup Wefox has raised a $650 million Series C funding round led by Target Global. It’s much more than we wanted to raise initially. Wefox, the Berlin-based insurtech, raises $110M Series B extension. Not only have we raised a super large amount but also in a very fast time. We’re tackling that $5.2
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.
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.
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.”.
Kivi has written several books on nonprofit marketing best practices, but this book looks at how to manage and lead your team with CALM (Collaborative, Agile, Logical, and Methodical). Effective storytelling is the secret sauce of nonprofit fundraising and marketing. Valerio Melandri is a well-known fundraising guru in Italy.
Oda , one of the bigger players in online grocery delivery in Europe with operations in its home market of Norway as well as Finland and Germany, today announced that it had raised 1.5 This represents a big devaluation for the company, which says it is profitable in some (but not all) of its markets. billion, or $353 million.
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.
Barkyn , a European subscription service for pets that combines food with tele-vet services, has raised a further €3 million ($3.6 million) from food tech investor Five Seasons Ventures , extending its previous Series A to €8 million, and total funds raised to date to €10 million. which has raised $28 million.
Researchers estimate that the market size (revenues and services) for subscription and recurring billing will be close to $6 billion this year, with that number ballooning to well over $10 billion by 2025. “We have a very good relationship,” he said.
Everli , the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C funding. That growth is happening more and more outside Italy, with its international expansion now responsible for over 20% of orders.
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.
It’s raised $478.6 The company has now raised €20 million ($24 million) in a Series B funding round led by Eulero Capital, with the backing of FG2 Capital and reinvestment from Milan Investment Partners SGR. The Italy-born food tech startup claims to have built a “€100M+ company” inside two years.
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.
Overall, Getsafe has raised a $93 million Series B round. The service is now active in two markets — Germany as well as the U.K. While Getsafe still has more customers in its home market, the company’s metrics are going up. The company is also going to invest in its product, expand to new categories and new markets.
Markets go up and down, but consumers love our service and convenience is here to stay. Those services raised a ton of money and grew at a rapid pace during the COVID-19 pandemic. Germany, France, Italy, Spain, the Netherlands and Portugal. It decided to focus on a handful of markets — Germany, the Netherlands, the U.K.
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