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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 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.
Sonder is a tech-driven hospitality company. 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. Based out of the U.S.,
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. Big Tech Inc. On that note, enjoy your weekend!
And while its share price is being hammered at the moment in a wider downturn for tech stocks overall, it’s a strong enough concept that it’s inspired a number of others to follow in its footsteps. Pre-Covid, Tinacci said that in Italy it was typically seeing 500,000 residential transactions annually.
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
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.
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.
Tech is rushing in to fill that gap, and today a Berlin-based startup called Taxfix , which has built a popular mobile assistant to address the former of these, is announcing a big round of funding to fuel its growth. This is a major round for the startup: Taxfix has raised around $330 million since being founded in 2016.
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 Qonto has raised a $552 million Series D funding round (€486 million). This is one of the largest rounds in the French tech ecosystem. It currently operates in France, Germany, Italy and Spain. Following this investment, the startup has reached a valuation of $5 billion (€4.4
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
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.”).
Augury , which works with large enterprises like Colgate and Heineken to maintain machines in their production and distribution lines, has raised $55 million in funding. The company’s expansion is coming at an interesting point in the wider world of industrial tech, as well as in terms of the competitive landscape. .
The food tech industry is effectively now going into fast food. It’s raised $478.6 Both employ a lot of tech in their back-end to improve efficiencies. 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. Sweetgreen in the U.S.
This is in line with macro trends in the public markets as well as other tech sectors (both trends were highlighted in our October report with Dealroom ). Italy was the only European market to see a hike in both funding and the number of deals. billion last year from $20.1 billion in 2021. billion in the other half of the year.
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.
For consumer-facing businesses, making sure they have the latest adtech, marketing tech and tools to improve discovery and conversion is a must. “We integrate with hundreds of tech providers, including 30-40 payment providers, all of the essential logistics networks,” Lokschin 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.
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.
And yet, few French startups turn to their community of users to raise some new funding. And you may have noticed a recent crowdfunding campaign in the French tech ecosystem already. Finary also planned to raise part of its Series A from its community via Crowdcube. I recently covered Finary ’s Series A round. million ($2.4
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
Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. This is a stark swing of the pendulum for a company that raised $768 million at an $11.8 Rising inflation and the deteriorating macroeconomic outlook around the world pushes all companies, especially in the tech industry and including Getir, to adjust to the new climate.
And the French government is taking advantage of this opportunity to make some progress on the tech startup policy front. In an interview with TechCrunch, France’s digital minister Cédric O shared some news for the European tech ecosystem. With this new mechanism, fund managers should be able to raise a new fund more easily.
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. Indeed, edtech investment in 2020 and 2021 equaled the amount raised during the entire 2014-2019 period. But that’s no longer the case.
Veo’s cameras are being used by professional soccer clubs in the Premier League, Spain’s La Liga, Italy’s Serie A and France’s Ligue 1, as well as several clubs in the MLS such as Inter Miami, Austin FC, Atlanta United and FC Cincinnati.
and Italy after that. “Freelancer” is a pretty loaded term in the tech world today — it could mean anything from a gig worker delivering food, driving you around or cleaning a house, from the plethora of people who work on fixed-term contracts, and sometimes the implications are not great. Give them stimulating work.
Last month, Numeral announced that it raised a $14.8 We are a payment automation platform for tech companies,” co-founder and CEO Édouard Mandon told me. “We We let tech companies connect to their bank account to automate payment operations.”. Spain and Italy. million (€13 million) funding round led by Balderton Capital.
After a Tahoe-based tech conference, Sheel Mohnot, the fintech investor behind Better Tomorrow Ventures, is beatboxing in his head — all day, every day. And while it may feel like an uncommon takeaway from an event featuring the who’s who in tech that was precisely the point. Pitch decks and term sheets welcome too.
Gorillas, according to a presentation it made to investors in March that a source shared with us, has around 700,000 active customers.The news comes on the heels also of rumors we’d been hearing that the company had been raising more funds. “Now even more people will look at this like it’s just a bubble.”
Led by CEO and co-founder Kahlil Lalji , the startup is launching with a split account product that just raised $3.5 People can set up a Braid Pool around any effort — a fund for this summer’s Italy trip, shared car gasoline expenses or a kitty to put toward monthly book club snacks — and then send a link to friends who want to put cash in.
Listen up : Sarah reports on a pair of new Spotify features: iPhone users can now get to the app faster through a new Lock Screen widget, and there is new tech for turning radio broadcasts into podcasts. And we have five more for you: &integrate : Ampersand helps SaaS companies build their customer-facing integrations , and raises $4.7
One entrant, the three-year-old startup Automotus , is beginning to rack up deployments in zones within cities like Santa Monica, Pittsburgh, Bellevue, Washington and Turin, Italy. The company, which developed video analytics technology to monitor and manage curbsides for cities, said in February it had raised $1.2
and 20% located in a smattering of countries around the world including Italy, Georgia, Greece, Switzerland, and South Africa. remains the most vital single market for most technology businesses, with the most diverse tech scene, and this is no different for Gigs.” 20% in the U.K., “The U.S. “The U.S.
based tech entrepreneur Irra Ariella Khi , co-founder of Zamna , set up a fundraising page to directly support people inside Ukraine. But although her fundraiser raised plenty of money, Khi realized there was no viable NGO to distribute the supplies on the ground in the middle of a fast-moving war zone. The next few weeks were a blur.
In May, I wrote about Jay-Z-backed Altro, which raised $18 million to help people build credit through recurring payment forms such as digital subscriptions to Netflix, Spotify and Hulu. First up, Anita Ramaswamy wrote about X1, which just raised $25 million in funding. Like, X1, TomoCredit doesn’t rely on FICO scores to underwrite.
during the same period last year, after clocking up its most successful first half of the year in its five-year history and bagging a number of major retailers to stock its plant-based foodstuffs (including Ocado in the UK, Migros in Switzerland, Carrefour in Italy, E.Leclerc, Intermarché and Super U in France).
million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 million that was raised in a seed round led by Brick & Mortar Ventures and First Round Capital – to advance on its effort to “reimagine construction finance.” ” Funding across the globe. The startup emerged from Spain.
million Series A funding round — bringing its total raised since January 2020, when the business was founded, to $13.6M. Currently, it has pilots running in Italy and Portugal. Barcelona-based Payflow , a YC-backed salary-advance fintech with ambitions to evolve into a neobank, has banked a $9.1
On top of that, the company told TechCrunch that it has raised $8.5 This includes long-established incumbents such as Unity, developed by tech powerhouse Unity Software, which is currently in the process of merging with IronSource. But every legal entity needs to choose somewhere as its corporate home.
Such per country regulations likely (partly) explains the meaty size of Mayd’s seed raise, along with the usual tech and recruitment challenges of scaling an urban logistics app business. “In Germany there is a different situation who can deliver medicine.
The new funding will go on fast scaling in Europe — where key markets it’s targeting include Italy, France, and the UK. ” Bounce raises $1.2M Bounce also established a European HQ in Lisbon, Portugal, last year to prep for its regional growth push.). Travel is also exploding right now.”
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