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French startup Agicap has raised a new $100 million funding round led by Greenoaks. Agicap is building a service that lets you track your cash flow in real time, build reports and get forecasts. Designed specifically for small and medium companies, Agicap has managed to convince 3,500 companies to use its service.
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!
French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. The service is currently live in 10 French cities — Paris, Neuilly-sur-Seine, Levallois-Perret, Boulogne-Billancourt, Lille, Lyon, Toulouse, Bordeaux and Montpellier.
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.
The startup has raised $155 million at a $700 million valuation. Scalapay has now raised $203 million in total.). The company’s service is based around being tightly integrated with online retailers’ check-out process and offering users an interest-free, three-installment way to pay for anything they purchase.
Fintech startup Yapily has raised a $51 million Series B funding round led by Sapphire Ventures. Due to recent regulatory changes in Europe (PSD2), banks now have to offer official APIs to integrate with third-party services. France, Spain, Germany, Ireland, Austria, Italy and the Netherlands,” Vaccino said.
Buy now, pay later services — which let consumers finance the purchase of goods online by paying back the total in installments over time — have been growing in ubiquity this past year. It claims to be the biggest provider of BNPL services in its home country.
Originally from Turkey, Getir has quickly expanded its service across Europe and the U.S. Unlike traditional grocery delivery services, Getir lets your order groceries without having to pick a delivery slot. That’s why these instant delivery startups have been raising mega rounds of funding. It’s a capital-intensive industry.
French startup PayFit has raised a $107 million series D funding round (€90 million). PayFit has been building a payroll and HR software-as-a-service platform. Given that it’s a software-as-a-service platform, everything remains up to date. The company is currently live in France, Germany, Spain, Italy and the U.K.
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. It has now raised €175 million in total.
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.
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.
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.
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. Charles’ platform in action.
Cubyn , the Paris-based logistics startup that lets e-merchants outsource fulfilment and delivery logistics, has raised another €35 million in funding. Cubyn says it will use the new funding to double its team of 85 to more than 170 employees by the end of 2021, and deploy its service more internationally. and Germany.
French startup Qonto has raised a $552 million Series D funding round (€486 million). It currently operates in France, Germany, Italy and Spain. The startup’s CEO Alexandre Prot defines Qonto as three different products rolled into a single service. This is one of the largest rounds in the French tech ecosystem.
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 flat fee “in minutes” delivery service.
And because we have a veritable wall of coverage on AI today: A path to un-banning in Italy : Natasha L covers how Italy gives OpenAI an initial to-do list for lifting the ChatGPT suspension order. And we have five more for you: &integrate : Ampersand helps SaaS companies build their customer-facing integrations , and raises $4.7
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 case you’re not familiar with Doctolib, the company’s main product is a software-as-a-service platform for doctors and medical workers. billion, or $6.4
Vivid Money , a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money management services, also includes stock and cryptocurrency investing.
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.
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
-based savings and investing startup Acorns has acquired London-based GoHenry , a startup focused on providing money management and financial education services to 6- to18-year-olds in an all-equity deal, the two companies announced today. France, Italy and Spain. The acquisition is notable for a couple of reasons.
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 company charges a 10% service fee and a $2.9% Our first trip was to Italy and then the next two were to Portugal.” transaction fee.
It’s for this reason that, in fact, even big companies in the realm of digital payments, like Stripe, which might even already have products that can help manage subscriptions on their platforms, partner with companies like Billogram to build the experiences to manage their more involved kinds of payment services.
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.
The dating service offers the same features in Europe as it does in the US , using the existing profile you’ve created on Facebook to find potential matches. Facebook originally planned to launch its dating service in Europe back in February. Facebook originally planned to launch its dating service in Europe back in February.
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.
Governments, public sector organizations and many private companies moved heaven and earth to ensure public safety and adequate supply of core services. Wages failing to rise in line with inflation as well as cuts to public services have led to a cost-of-living crisis in many markets. billion last year from $20.1 billion in 2021.
“Markets go up and down, but consumers love our service and convenience is here to stay. Getir originally launched its service in Turkey in 2015. The user experience works more like food delivery services, such as Uber Eats, Deliveroo and Just Eat Takeaway. Germany, France, Italy, Spain, the Netherlands and Portugal.
Spryker is part of that category of e-commerce businesses known as “headless” providers — by which they mean those using the tools do so by way of API-based architecture and other easy-to-integrate modules delivered through a “PaaS” (clould-based Platform as a Service) model.
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 billion European payments giant, has made another acquisition, this time to dig deeper into financial services for small and medium businesses in the region.
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 New York-based SailPlay had raised $3.3 million prior to the acquisition. million prior to the acquisition.
On the heels of Amazon about to launch a new enterprise service to detect whether a machine is working well or not based on external physical changes in sound, vibration and temperature, a startup that has already built a big business in the space is announcing a big growth round of funding. Up-and-coming enterprise startups in NYC.
In addition to France, ManoMano is operating in Spain, Italy, Germany, the U.K. While ManoMano operates a marketplace, it also offers a fulfillment service for third-party retailers. The startup has raised $125 million in 2019 and $139 million in 2020. ManoMano raises $139 million for its home improvement e-commerce platform.
French startup Fleet wants to become your IT department’s best friend by managing hardware as a service. Fleet is a bootstrapped startup and hasn’t raised any VC funding. And today, the company is launching its device-as-a-service offering in Spain. Fleet clients can rent computers and smartphones for a flat monthly fee.
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. This is a completely different strategy when you compare it to Wefox , another big German insurtech company that raised $650 million earlier this year. Image Credits: Getsafe.
Veo Technologies, a Copenhagen startup that has designed a video camera and cloud-based subscription service to record and then automatically pick out highlights of games, which it then hosts on a platform for its customers to access and share that video content, has picked up €20 million (around $24.5 million) in a Series B round of funding.
Berlin-based GetHenry , a startup that provides electric last-mile delivery bikes to couriers and logistics companies, has raised a $17.4 million (€16.5 million) seed round to expand its business across Europe. GetHenry provides fleet and courier customers with on-demand maintenance.
The world of professional services has long relied on contractors to fill in for assignments and projects that might not be a part of the course of daily work, but are essential work nonetheless. and Italy after that. The plan is to extend that to Benelux next, with the U.K. Want to hire and retain high-quality developers?
In a nutshell, Gigs allows any company — be it a bank, ride-hailing company, or video-streaming service — to sell their mobile phone subscription plans (including data, SMS, and voice) to their customers. “Gigs is creating the telecom-as-a-service category,” he said. ” Gigs cofounders Dennis J.
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. And let’s not forget about New York-based Lightyear , a telecom service procurement service.
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