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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. Digital freight forwarder Forto raises another $50M in round led by Inven Capital.
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). Pre-Covid, Tinacci said that in Italy it was typically seeing 500,000 residential transactions annually. That very much played out for the startup.
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! You’re hired!
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.
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., million.
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.
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. It has raised a lot less money than Bird or Lime and it has taken a different approach when it comes to operations. Overall, the company operates in a dozen cities in France, Italy, Belgium, Germany and Poland.
Fintech startup Yapily has raised a $51 million Series B funding round led by Sapphire Ventures. France, Spain, Germany, Ireland, Austria, Italy and the Netherlands,” Vaccino said. Germany and Italy, Yapily will hire new team members focused on France and Spain. We have between 90 and 99% coverage in the U.K.,
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.
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. With today’s funding round, the company has reached a valuation of more than $500 million (€415 million). They pay a monthly subscription fee.
French startup PayFit has raised a $107 million series D funding round (€90 million). The company is currently live in France, Germany, Spain, Italy and the U.K. Eurazeo Growth and Bpifrance’s Large Venture fund are leading today’s round. Existing investors Accel, Frst and Xavier Niel are participating once again.
That’s why these instant delivery startups have been raising mega rounds of funding. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. “We It’s a capital-intensive industry. Getir is quite dominant in Turkey as it currently operates in 81 different cities.
Companies recently capturing investment dollars for similar technology include Sift, which raised $50 million in April for a valuation of over $1 billion, and Socure , which announced $100 million in Series D funding at a $1.3 billion valuation. As such, he intends to use the new funding to hire developers across Europe and in the U.S.
Commerce Layer , which provides a set of APIs for businesses to build e-commerce apps with their own, customized front ends, has raised $16 million — money that it will be using to continue expanding its business and adding more commerce tools into its API library. Benchmark led Commerce Layer’s Series A about a year ago.
It has also raised $109 million (€95 million) in debt financing. Overall, it has raised $211 million (€185 million) in traditional equity funding rounds. It is now available in Spain, Italy, Germany and Belgium. Tencent, GR Capital and Roosh Ventures are investing in the startup for the first time.
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 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.
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.
Kukua , a Nairobi- and London-based educational entertainment company and the creators of “ Super Sema ,” the first African animated superhero franchise, has raised $6 million in its latest round of investment. Though white and raised in Italy, Bisignani travelled widely in Africa when she was young. The company raised $2.5
French startup Qonto has raised a $552 million Series D funding round (€486 million). It currently operates in France, Germany, Italy and Spain. While there are still a lot of SMEs that are not using Qonto in France, Germany, Spain and Italy, Qonto also plans to enter new market in 2023.
Two years on from its launch, Charles today announced that it has raised $20 million in a series A round of funding led by Salesforce Ventures, with participation from Accel and HV Capital. million seed round of funding it raised last year. This follows a $6.5 How it works. Conversational commerce comes to Europe.
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.
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.
French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. There are a lot of players that have raised a lot of money. Interestingly, the lead investor in today’s funding round is Carrefour, the supermarket giant. But it’s a regulated market.
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. Goldman Sachs is leading the round with existing investors Eurazeo, Bpifrance and AG2R La Mondiale also participating.
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. Our first trip was to Italy and then the next two were to Portugal.” The company has raised $20 million in funding to date.
German electric vertical takeoff and landing (eVTOL) startup Volocopter conducted its first crewed public test flight in Italy Thursday morning. Italy’s aim for its first vertiport is to set an example for designing and building international vertiports. Earlier this year, the startup raised $170 million at a $1.87
The startup has raised $155 million at a $700 million valuation. Scalapay has now raised $203 million in total.). 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.
French startup Doctolib has announced that is has raised a new funding round. The startup says it has raised $549 million (€500 million) in both equity and debt. In particular, Doctolib acts as a booking platform that connects doctors with patients; 60 million people have used it in France, Germany and Italy. billion, or $6.4
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.
In a statement, Miguel Amaro, Coverflex CEO said: “In the current macro environment, this Series A round validates our ambitious vision, product-market fit in Portugal, and a market opportunity in Europe, especially in Italy.” The company plans to target that country aggressively in the future.
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.
They include Commerce Layer in Italy; another startup out of Germany called Commercetools ; and Shogun in the U.S. Italy’s Commerce Layer raises $6M led by Benchmark for its headless e-commerce platform. ” Shogun raises $35M to help brands take on Amazon with faster and better sites of their own.
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. The acquisition is notable for a couple of reasons.
Italy was the only European market to see a hike in both funding and the number of deals. Optimism ebbed away, and European edtech startups raised only about $400 million in the latter six months compared to $1.4 Image Credits: Brighteye Ventures Italy was one of only few European markets to see increased funding and deal number.
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 Rohlik in the Czech Republic, Picnic in the Netherlands and Everli in Italy — says that its Norway operations are profitable. “In
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.
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.
Valerio Melandri is a well-known fundraising guru in Italy. He runs a highly regarded fundraising consulting company, is a professor in Italy, and chair of the Festival del Fundraising, one of the largest gatherings for fundraising professionals. I’ll be keynoting the Festival in 2019.
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.
The company got its start working with SMBs in 2011 but pivoted some years later to working with larger enterprises, which make up the majority of its business today. Suijkerbuijk said that in 2020, signed deals went up by 300%, and the first half of 2021 grew 50% more on top of that.
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.
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