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million seed round led by Indico Capital Partners , alongside the Social Innovation Fund in Portugal (SIF) and previous investors. 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.
An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students. know, scaling in the beginning—especially with steep marketing costs—can be difficult and expensive. Enact more tax breaks and funds for startups. As many in the U.S.
Five Seasons Ventures joins previous investors Indico Capital Partners, All Iron Ventures, Portugal Ventures and Shilling Capital. Launched in 2017, the Portuguese startup currently serves customers in Portugal, Spain and Italy, and is aiming to be a key “pet wellness” brand for Southern Europe.
such as SmileDirect, and now plans to scale across Europe from its existing bases in Spain, Italy, Portugal, the U.K. As Diliara Lupenko says: “We didn’t copy what other companies in the space were doing and approached the market from a different angle from the get-go. and France. Impress now has 75 clinics in Spain, Italy, the U.K.,
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. Coverflex , a startup out of Portugal, thinks it has at least part of the answers.
Samsung says the app update that enables the features will begin rolling out on February 4th, though the company notes that availability “may vary by market and carrier.”. It will also be available in Chile, Indonesia, and the United Arab Emirates soon.
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. In other words, it’s an incredibly crowded market and there will be more consolidation moves down the road.
The new markets include Austria, Czechia, Hungary, Poland, Portugal, Romania, Slovakia, and Switzerland, bringing the total number of countries the cloud gaming service supports from 14 to 22. Photo by Amelia Holowaty Krales / The Verge. Google Stadia is expanding internationally, adding eight more countries in Europe today.
The hubs, which include the existing ones in Lisbon (Portugal) and Tbilisi (Georgia), are intended to help its more than 100 clients hire local talent without having to establish operations in those jurisdictions. “We We see entering Egypt as the first step in our exciting journey to bring the entire continent into the global talent pool. “We
Notably this is not the largest funding event that the Portugal and U.S.-based The new funds put OutSystems on an IPO path, we reckon; the company declined to discuss public market plans with TechCrunch. Regardless, the OutSystem’s method approach to the market appears to be working, if its recent capital raise is any indication.
Plus, don’t miss our first investor surveys of 2021: one by Lucas Matney on social gaming , and another by Mike Butcher that gathered responses from Portugal-based investors on a wide variety of topics. Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger. Alexandre Barbosa, partner, Faber.
Ricardo Weder , former president of Cabify (a large ridesharing company operating in Latin America, Spain and Portugal) founded Jüsto in 2019 with a mission to “disrupt the Latin American grocery industry.” Existing backers also participated in the round, including Foundation Capital and Mountain Nazca.
A relative newcomer vying for a slice of the market is Amplemarket , based in San Francisco and Portugal, which today announced that it raised $12 million in back-to-back seed and series A funding rounds. ” Amplemarket’s series A was co-led by Comcast Ventures and Portugal-based Armilar Venture Partners.
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.
In a release announcing the deal , TripActions noted that the funding will be used for global expansion, building off of its expense management launch in Europe and new offices in Portugal, Germany, France and the UK. The company also acquired a number of travel management businesses, adding to its now more than 2,500 employees.
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. So far, Younited Credit has granted more than €2.4 billion in credit ($2.8 billion at today’s exchange rate). It operates in five European countries.
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.
Markets go up and down, but consumers love our service and convenience is here to stay. Germany, France, Italy, Spain, the Netherlands and Portugal. It decided to focus on a handful of markets — Germany, the Netherlands, the U.K. This is a major consolidation deal for the instant grocery delivery space. It operates in the U.S.
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. But it’s a regulated market. So it’s clear that the company sees itself as a market leader in France first. We can’t sell everything at a loss,” he said.
Now Clikalia , another player in the so-called iBuyer space, has raised €75 million ($86 million) to take that model to markets in Europe and Latin America. It’s already doing some work in Portugal, and we understand France is next on the list. “Every step of the process could be an independent company,” he added. .
Today, Salsify , one of the startups building e-commerce solutions to that end, is announcing a big round of $200 million, a sum that speaks both to the demand in the market, and its success to date. It also has operations in Portugal and the U.K. Some of the funding will be used, Purcell said, to continue breaking into more markets.
Australia and Portugal — like Africa, home to other major, global agricultural economies — and operates in 18 countries across Africa, the Americas, Europe and Australia. . and other markets. . It has offices in the U.S., Image Credits: Aerobotics. Within that, the U.S. Within that, the U.S.
First up is Spain and Portugal (launching next month), followed by Italy, the U.K. For example, marketplaces Back Market, Rakuten, Mirakl and Fnac are currently using Cubyn. With the funding, the ratio is predicted to change to 50-50” Mind the gap: E-commerce marketers should revise their TAM and SAM estimates.
The company recently expanded to other markets. And Alma now plans to expand to the Netherlands, Luxembourg, Portugal, Ireland and Austria. The startup works with Alain Afflelou, Etam, Galeries Lafayette, Printemps and Ankorstore. It is now available in Spain, Italy, Germany and Belgium.
The proliferation and growth of these might prove to be a strong argument in favor of the market not being sewn up by Plaid (no pun intended), although having one owned by a single payments giant would definitely shift how the market is evolving. Rapyd remains VC-backed and was last valued at $1.3 billion acquisition of Plaid.
Tekever — based, fittingly, in historic maritime superpower Lisbon, Portugal — was founded back in 2001 and has only been offering commercial services since 2018. Ventura Capital led the round, with participation from Iberis Capital and a number of unnamed strategic investors from the maritime industry.
During the Portuguese Presidency of the Council of the EU, Portugal announced that it would go one step further and create the European Startup Nations Alliance (ESNA). We are starting to see companies like Back Market or Ynsect that are better than American ones. It’s a new entity that is in charge of the Startup Nations Standard.
The company is looking at Portugal, Italy, Germany and Belgium for its next markets. The company is going to open an office in Barcelona as well. There are more European expansions on the roadmap as many of Fleet’s suppliers can deliver across Europe already. Many companies choose to buy devices for their employees directly.
The company is launching its product in five new European countries — Italy, Portugal, the Netherlands, Greece and Cyprus. that’s not the case in other markets. Fintech startup Plum is doubling the number of countries where it operates. Originally from the U.K., This way, users can save money without any manual input.
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.
Wertheimer added that part of the bike manufacturing is likely to be brought to Portugal in order to fulfill demand. TSP Ventures CEO Chris Smith, commented: “The e-bike market has exploded in recent years with sales set to reach €10 billion by 2025 and FuroSystems is at the intersection of this burgeoning industry.”
Founded by Matteo Pichi and Vittoria Zanetti, Poke House has opened 30+ stores in Italy, Portugal and Spain, and now has 400 employees. With the funding, the startup will start opening new stores in existing markets, enter France and start in expansion in the U.K. It’s claiming an expected turnover of more than €40 million in 2021.
A 12-year journey ends as Skimlinks is acquired by retail marketing platform Connexity. and Portugal, onboarding new properties and hiring a team, which already includes hires drawn from hotel group Mr & Mrs Smith , Ometria, Quill, McKinsey’s Generation and Resi. Flown has now closed a $1.5 Flown has now closed a $1.5
“We also use data from analyzing systemic and market changes such as government incentives for companies to become ‘greener.’ “We are developing machine learning models that use this data to forecast future job-market demand for specific skills, and predict income levels in the future,” Kostelec continued.
Tablevibe’s founding team includes two former Googlers: Jeroen Rutten, formerly head of Google Search’s product strategy in APAC and Sneep, who was responsible for its app development go-to-market strategy and led large sales teams. We’re working on API integrations so Tablevibe can integrate with point-of-sale systems.
It plans to use the money to expand its business across Europe on the back of a platform that today is listing close to 4,000 homes in Italy, Spain and Portugal, and has to date (since being founded at the end of 2018) sold some 3,200 properties for an aggregate value of €1 billion, according to CEO and founder Giorgio Tinacci.
Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger. We’ll cover every aspect of company building: Fundraising, recruiting, sales, product-market fit, PR, marketing and brand building. Member States which become signatories of the Standard will be expected to deliver on a number of policy areas.
It’s also hoping to get a good chunk of growth out of its home market where it plans to double down and spend $3M of the fresh funding to consolidate the market — with a goal of growing its customer base 5x in Spain. Currently, it has pilots running in Italy and Portugal.
In about 70% of the cases, Clikalia then renovates a property and puts it back on the market. Today, it operates in Spain and Mexico, with plans to open in Portugal in January 2022 and expand across Europe over time. . When you buy a home from us, you have all costs in the embedded price,” Moreno told TechCrunch.
Realme says the GT will ship to Belgium, Germany, Luxembourg, the Netherlands, and Portugal, though the device isn’t currently available to actually order. It’s not clear which other European markets it’ll be available in when it does launch. Realme announced the Chinese version of the GT in March. Elsewhere, the GT has a 6.43-inch
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.
Hosts can also set up an email marketing campaign, in addition to promoting their bookable experience across their social media channels. Our first trip was to Italy and then the next two were to Portugal.” “We will be growing our sales and marketing efforts to open up the platform for more creators and their communities.
While developed markets like the U.S., While developed markets like the U.S., Pooling those Latino markets, “We can together potentially sell to 10 million customers,” Romero said. Our market share is ridiculously small and it’s mostly greenfield.” “But but we only have 7,000 customers.
“Ukio uses proprietary tools to source high-quality off-market apartments, based on strict criteria in prime locations in each city,” Fourteau told TechCrunch. Target market. However, it says that it rarely ever has to do this. ” Ukio co-founders Jeremy and Stanley Fourteau. .” Image Credits: Ukio.
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