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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.
Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. Manara gets $3M to grow tech talent pool in the Middle East and North Africa. Gloat nabs $90M to build AI-powered internal jobs marketplaces.
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.
Aerobotics , a South African startup that provides intelligent tools to the world’s agriculture industry, has raised $17 million in an oversubscribed Series B round. Kenya’s Apollo Agriculture raises $6M Series A led by Anthemis. billion rand (~$100 million) fund for tech startups in South Africa. . It has offices in the U.S.,
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.
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.
The Brazilian government should bring in top talent to inspire, teach, and cultivate relationships with the energetic crop of young tech startups already in Brazil. An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students.
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.
The size of the round and the raised valuation — it’s gone up by $1 billion since FlixMobility last raised in 2019 — are bold signs of how FlixMobility is coming out of the pandemic swinging, with investors backing its ambitions. Where top VCs are investing in travel, tourism and hospitality tech.
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.
To meet this rising demand for “more advanced” cross-channel surveillance, Shield announced Thursday it has raised $20 million in a Series B round of funding. In addition, Shield opened an R&D facility in Lisbon this year, Weitzman said, adding that the company chose Portugal because it is becoming a major European tech hub.
My first day was hanging out at the Young Researchers seminar, which was organized by Professors Paul Blenkhorn (the UK's first professor of access tech) and the ICCHP host Klaus Miesenberger. I gave the opening keynote, on my main new theme, Raising the Floor. It was fun to hear students and fresh Ph.Ds talking about their research.
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.
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.
The Series A funding will be used to capitalize on growing demand by expanding into new regions — with Localyze saying it will start by focusing on “major hubs” for international talent, in Ireland, Spain, Portugal, the Netherlands and the UK, so it can target more high-growth companies with offices across Europe.
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. “That helped its valuation.
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. The funding is coming in the form of a €100 million Series D and €300 million in debt to buy up and fix up properties.
That is a notable jump since the company didn’t disclose a number when it raised its Series E, a $155 million round in 2020 ( PitchBook however puts it at $805 million, and before at $308 million in 2018). It has now raised more than $450 million. It also has operations in Portugal and the U.K.
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.
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.
Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger. The letter welcomes the EU’s Startup Nations Standard, in particular its specific recommendations to Member States on “changes to stock options rules designed to help startups attract talent, speed up tech visas targeting and procurement.”.
Alongside the equity raise, the 2009-founded startup has secured another chunk of debt financing ($75M) from Blackrock. Existing investors including Atomico, DN, Infravia, Kibo and Quadrille also participated in the round — which the startup said values its business at $2.35BN (post-money).
Sources say Web Summit, the giant tech conference company that specialized in very large gatherings in cities like Lisbon, is poised to spin out its Hopin-like proprietary conference software as an independent startup. Web Summit says it will return to an in-person conference in November 2021, in Lisbon, Portugal.
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.
The Barcelona startup has raised $120 million, a Series C that is not only one of the biggest for Spain, but one of the biggest currently coming out of Europe. But ironically, the world of employment has had another focus — as a problem for tech startups to tackle.
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. Interestingly, Fifth Wall is also an investor in Opendoor as well as Loft, a Latin American real estate tech unicorn. In November of 2020, the company raised about $14 million in equity.
Give yourself a pat on the back — and then go read the rest of this issue of Week in Review, TechCrunch’s newsletter summing up the past seven days in tech ( sign up here to get it directly in your inbox every Saturday). You’ve made it. Goodness knows I lack his wit, but I’ll try to make up for it in pith.
Virtual Reality (VR) has struggled to transition too far beyond gaming circles and specific industry use-cases such as medical training , but with the burgeoning metaverse movement championed by tech heavyweights such as Meta , there has been a renewed hope (and hype) around the promise that virtual worlds bring. Energy crisis.
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
Fresh off the launch of a new product designed to measure engineering performance metrics, Lisbon-based Codacy has closed a $15 million Series B funding round led by Bright Pixel Capital, the corporate VC of one of Portugal’s biggest employers, the Sonae Group. To date, Codacy has raised $28 million.
Formally announced at Web Summit in Portugal today, Mozilla Ventures builds on other recent investments the company has made as part of its Mozilla Builders startup incubator program, though in truth Mozilla has sporadically invested in nearly 20 companies over the past decade. The other two include Block Party , which raised a $4.8
The package of support looks substantial — covering key areas like tax breaks for investors, talent incentives like stock options and a new digital nomad visa to attract international tech workers, among other measures aimed at cutting red tape and shrinking the time and cost of starting up in Spain. So this is also going to be a revolution.
Bounce also established a European HQ in Lisbon, Portugal, last year to prep for its regional growth push.). ” Bounce raises $1.2M The new funding will go on fast scaling in Europe — where key markets it’s targeting include Italy, France, and the UK. Travel is also exploding right now.”
The tech support nonprofit, TechBridge in Georgia, has launched the first crowdfunding platform for nonprofit technology projects. Tech For Good Winners of the 12th Annual Microsoft Imagine Cup. The tech for good category in the competition is called World Citizenship. an hour, would raise $20,000 dollars in one year.
“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.
“Compensating talent and raising capital are the (only) two things you can use your startup’s equity for, and you need to do both in order for your company to grow large. Mike is also working on a Lisbon survey and we’d love to hear from any investors focused on the city and Portugal in general. Lots of VCs are raising.
The ES90 was built on top of the Volvo Cars Superset tech stack, just like the EX90 SUV. 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. Owners can access the model's infotainment system on its 14.5-inch
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