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QuintoAndar is taking its first steps out of Brazil to open a technology hub in Lisbon, Portugal aimed at attracting technology talent across the pond. The move comes six months after the company raised $300 million in Series E funding that valued the company at $4 billion. billion and over $700 million raised in total, Braga said.
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.
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.
Wertheimer added that part of the bike manufacturing is likely to be brought to Portugal in order to fulfill demand. Electric bikes and electric scooters are crucial to solving the mobility issues we see today, of congestion and pollution.”.
French startup Younited Credit has raised a $170 million funding round. As the startup has facilitated a huge volume of credit offering, it can also leverage past data for machine learning risk models. France is still the company’s leading market as Italy, Spain, Portugal and Germany represent 40% of Younited Credit’s revenue.
Ukio , a short-term furnished apartment rental platform aimed at the “flexible workforce,” has raised €27 million ($28 million) in a Series A round of funding. ” The main appeal for tenants is that Ukio essentially shields them from the hassles and restrictions of traditional rental models. Image Credits: Ukio.
To compound matters, many companies have now adopted remote or hybrid work models, enabling employees to mix working from the office and home, making it more difficult for financial institutions to track employees’ communications.
Spanish proptech Clikalia has secured $518 million in debt and equity in what is among the largest venture capital rounds raised in Spain to date. The iBuyer model that had proven popular in the United States by the likes of Opendoor and Redfin is also resonating with Europeans. Luxor has invested in U.S. iBuyer Offerpad.
Remote , which provides tools to manage onboarding, payroll, benefits and other services for tech and other knowledge workers located in remote countries — be they contractors or full-time employees — has raised $150 million. Remote raises $35M to help orgs with global workforce payroll, benefits and more.
“It was very interesting, we did of course see a negative impact from COVID-19 in 2020 but the main reason why we never worried about our business model is that we knew the businesses have never been the only driver of relocations,” Asmussen tells TechCrunch. Firstbase raises $13M to make remote work suck less.
Getir, Gorillas, Flink and a cohort of startups tried to popularize a new model for grocery deliveries. 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 operates in the U.S. and the U.S.
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. This is SoftBank’s first property tech investment in Europe, although it’s no stranger to the iBuyer model.
We’ve already gotten feedback on this overview of subscription pricing models , and a look back at 2020 funding rounds and exits among Israel’s security startups was aimed at our new members who live and work there, along with international investors who are seeking new opportunities. “That helped its valuation.
Sales enablement company Highspot raised $248 million at a $3.5 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. “So we decided to build our own platform.”
Fleet is a bootstrapped startup and hasn’t raised any VC funding. The company is looking at Portugal, Italy, Germany and Belgium for its next markets. And this is key to understanding Fleet’s business model. But it’s been growing nicely as the company is expected to generate an annual turnover of $13.1
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 food tech industry is effectively now going into fast food. Sweetgreen in the U.S. A similar firm is Sweetfin.
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). With this new mechanism, fund managers should be able to raise a new fund more easily. It’s a new entity that is in charge of the Startup Nations Standard.
StudentFinance , a European fintech that funds educational programs for individuals through so-called income share agreements , has raised €39 million ($41 million) in a Series A round of funding. The platform and financing is currently available in Spain, Portugal, and the U.K., ” Prior to now, StudentFinance had raised a $5.3
Macrometa , the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. It will hire for its engineering and product development centers in the United States, Eastern Europe and India, and add new centers in Ukraine, Portugal, Greece, Mexico and Argentina.
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. launch plans back in 2020.
Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. Existing backers NYCA Partners, QED Investors and other unnamed investors also participated in the Series B financing, which brings the company’s total raised to $88 million since inception.
I get a lot of pitch deck submissions for this TechCrunch Pitch Deck Teardown series from people who are raising friend and family rounds, and I mostly pass on them. Business model slide. As per slide #20, the founders were trying to raise $500,000, and they closed on about $125,000. ” Cover slide. Problem impact slide.
million Series A funding round — bringing its total raised since January 2020, when the business was founded, to $13.6M. Payflow says the model has won it friends in works councils and labor unions. It operates a SaaS business model, charging employers a tiered fee depending on the number of employees using the product.
The company has been under fire lately after rolling out password-sharing rules to Canada, New Zealand, Portugal and Spain, but another potential reason for the price decrease is to fare better against competition such as Paramount+ , Apple TV+ , Disney+ and Hulu. Military secrets: On Monday, the U.S. on dedicated capacity.
A more powerful US model is planned for later this year, or early in 2022 if the double whammy of Covid and Brexit creates undue complications. Each model is priced to include all the accessories needed for typical urban commuting: mudguards, bell, luggage rack, kickstand, and front and rear lights.
Notably this is not the largest funding event that the Portugal and U.S.-based based software company has raised. TechCrunch covered a $360 million round that OutSystems raised in 2018. Regardless, the OutSystem’s method approach to the market appears to be working, if its recent capital raise is any indication.
“A lot of founders mix up raising money with making money.” In fact, raising money can cost you money, in the form of that sweet, sweet ownership and equity. So, the startup told me this week that they have raised $10 million to create a new product: ClearAngel. Does YC care at all? Some personal news.
When plugged into a 350 kW fast charger, the model can add 300 kilometers (186 miles) of range in just 10 minutes, and its 106 kWh battery can go from 10 to 80 percent full in just 20 minutes. Volvo gave the ES90 a slightly raised ride height and its Thor's Hammer headlight design, along with its new C-shaped LED rear lamps.
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