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Portugal’s Bizay — a customized products marketplace for SMBs — just raised a $38.6M C round

TechCrunch

Our platform will be a key facilitator for businesses to recover at a faster pace. Portugal’s Faber reaches $24.3M Bizay’s Chief of Growth Officer José Salgado, said: “The current health crisis accelerated the shift to online ordering of customizable products at reduced prices.

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Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners

TechCrunch

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. Cloudflare launches Workers Unbound, the next evolution of its serverless platform. Macrometa co-founder and CEO Chetan Venkatesh.

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London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever

TechCrunch

Fidel API has offices in its home base of London as well as in Lisbon, Portugal, and New York. “In fact, Fidel API can augment the business models of expense management platforms by allowing them to track spend on any third-party card, not just branded cards issued by the expense management company,” she told TechCrunch.

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Uber pledges to shift to ‘100 percent’ electric vehicles by 2030

The Verge

In 2018, Uber explored providing cash incentives to some North America-based drivers who switch to electric vehicles, but it never expanded the program beyond the original pilot phase. Getting the millions of Uber drivers to switch to electric vehicles will arguably be the hardest part.

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Here are the biggest announcements from Volkswagen’s battery event

The Verge

Practically every automaker is betting that electric vehicles will be the future, with some of the largest countries (and largest auto markets ) in the world moving to phase out gas-powered cars and trucks. Starting in 2022, vehicles built on VW’s modular MEB electric vehicle platform will support bidirectional, or two-way, charging.

Europe 102
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Scalapay raises $155M at a $700M valuation as buy now, pay later services continue to boom

TechCrunch

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. Affirm spinout Resolve raises $60M for its B2B ‘buy now, pay later’ platform.

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Solve the ‘dead equity’ problem with a longer founder vesting schedule

TechCrunch

Perhaps it’s another sign of a consolidation phase taking hold in the sector, after a Pre-Cambrian explosion of SaaS startups over the last decade? Databricks, meanwhile, has evolved from an open-source data analytics platform that struggled to make revenues to a run rate of $350 million. Around TechCrunch. Across the week.

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