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It might be everyone’s dream to move to Portugal. Like in neighboring Spain, the country was hit hard with a headache-inducing unemployment rate that was concentrated primarily on Portugal’s youth. Beautiful beaches, amazing food, and weather. Its vibrant startup scene is now another reason to add to the list.
such as SmileDirect, and now plans to scale across Europe from its existing bases in Spain, Italy, Portugal, the U.K. We doubled down on the doctor-led digital model which brought us way better conversion rates and treatment quality even though on paper it looked complex in the beginning. and France.
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. Image Credits: C.J.
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.
Overall, Alma processes more than €1 billion annually with its current run rate. And Alma now plans to expand to the Netherlands, Luxembourg, Portugal, Ireland and Austria. This could be particularly useful for clothing items and other goods that you think you might like, but you might end up returning.
billion at today’s exchange rate). France is still the company’s leading market as Italy, Spain, Portugal and Germany represent 40% of Younited Credit’s revenue. As the startup has facilitated a huge volume of credit offering, it can also leverage past data for machine learning risk models. billion in credit ($2.8
million (€12 million) at its current run rate. The company is looking at Portugal, Italy, Germany and Belgium for its next markets. Fleet is a bootstrapped startup and hasn’t raised any VC funding. But it’s been growing nicely as the company is expected to generate an annual turnover of $13.1
The company is launching its product in five new European countries — Italy, Portugal, the Netherlands, Greece and Cyprus. This is a bit unfortunate as interest rates are currently rising around Europe. Fintech startup Plum is doubling the number of countries where it operates. Originally from the U.K.,
But it wants to offer a product that feels like a local product with a local card and a local IBAN to increase acceptance rates. Lydia is starting with Portugal. The company is also slowly expanding to more countries.
They found that using Tablevibe instead of paper forms increased response rates by up to 26x and also had the benefit of creating more repeat customers, since they are given an incentive for filling out surveys. Aside from Singapore, it’s already used by customers in the Philippines, the Netherlands, Belgium, the United Kingdom and Portugal.
The company is primarily active in Spain and Mexico, where it currently has a run rate of 2,400 properties acquired. As a point of comparison, that is 600 up on the 1,800 run rate Clikalia disclosed only one month ago when it raised $518 million ($70 million in equity; the rest in debt) to scale the business.
Samsung first announced last month it would be adding the features to its latest Galaxy Watch devices through software updates, considering both smartwatches have the requisite sensors used for measuring heart rate and blood pressure and performing an EKG. Image: Samsung.
With huge unemployment rates in countries like Spain, Greece and Portugal, coupled with risk-averseness and impractical education this leads to a circle of hopelessness. The colleges that tend to have work placement initiatives prepare students better for hands-on work, but are “less reputable” than the research-based universities.
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 is live in Sweden, U.K.,
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 started at 2,799 yuan there for the 8GB / 128GB model, or about $440 at current exchange rates. Realme announced the Chinese version of the GT in March.
broadband and electricity), taxes and everything you would normally get with a nightly rate in a hotel. Since the start of the year, Ukio said that it has seen seven-fold revenue growth year on year, with a 96% occupancy rate across the 400-plus properties it currently has listed. The Ukio platform. Image Credits: Ukio.
” Among users it notes a high uptake — with a 40% download rate on average, and rates as high as 90% for some of its clients — which it claims is 5-10x higher than other on-demand salary platforms and other social benefits. Currently, it has pilots running in Italy and Portugal.
Duolingo doesn’t release completion rates for its courses, but a report last year said American users ranked 68th out of all countries in the number of lessons completed. A separate informal study put the overall completion rate for Spanish at less than 0.01 As it turns out, I’m not the only one who falls into this trap. she told me.
In order to translate this correctly into Brazilian Portuguese, a model must overcome two potential pitfalls: The strong geographical association between Lisbon and Portugal might influence a model to generate a European Portuguese translation instead, e.g., by selecting " autocarro ” rather than " ônibus ".
Tekever , which builds drones with integrated AI specifically tailored for monitoring and detecting activity on water, has raised €20 million (just under $23 million at today’s rates). Ventura Capital led the round, with participation from Iberis Capital and a number of unnamed strategic investors from the maritime industry.
Visa holders are eligible for a 24% flat tax rate for the first four years, capped at 600,000/year, making it especially appealing for higher-earning nomads and entrepreneurs. Portugals Digital Nomad Visa is an ideal solution for remote workers, freelancers, and entrepreneurs looking to live and work legally in Portugal.
Clikalia is currently at a run rate of over 1,800 properties acquired, which represents 7x to 8x growth versus a year ago. Today, it operates in Spain and Mexico, with plans to open in Portugal in January 2022 and expand across Europe over time. . It also has a team of over 600 people.
Currently it offers a temporary labor service in nine markets globally: Spain, the UK, Germany, France, Sweden, Portugal, Mexico, Colombia and the US — matching workers looking for temp roles with employers in need of casual labor in (with a focus on sectors like manufacturing and logistics).
” The company says that since 2019, it’s been growing at over 200% annually with no sign of that rate slowing down with the hit, or in the slow aftermath, of the COVID-19 pandemic. Factorial to date has picked up some 7,000 customers across Europe in countries like the U.K.
— it was originally founded in Portugal but now is based out of San Mateo — and towards business development, specifically via partnerships to integrate and sell its tools. The round is being led by KKR, with Sapphire Ventures and strategic backer Citi Ventures — both past investors — also participating. billion.).
The startup says it’s been seeing growth rates hitting, on average, more than 30% month-on-month, as employer demand for its services accelerates. “With the funding, we want to accelerate our expansion in the UK, Ireland, Netherlands, Portugal & Spain, besides our core market Germany.
It’s a new section of Disney Plus for international audiences that will offer more mature R-rated films, TV shows from FX, and other shows and movies that Disney owns the rights to but don’t fit into Disney Plus’ family-friendly image. Today marks the launch of Star. Photo: Twentieth Century Fox.
The first two plants will be in Salzgitter, Germany, and Skelleftea, Sweden; a third plant will be established either in Spain, Portugal, or France; and the fourth factory will be based in Eastern Europe. The automaker plans to have six battery cell production plants operating in Europe by 2030, which it will build alone or with partners.
So in order to sum up when it comes to stock options, we really believe that we have put Spain ahead of countries like the UK, France, Germany, Italy or Portugal. So we get on par with countries like France, Portugal, Estonia, Croatia, and the Netherlands. First, in there, we are creating a new visa category that is digital nomads.
. “We have other projects like Renace — which is an acronym for Red Nacional de Centros de Emprendimiento — and in there we’ve also been inspired by the network that Portugal has that are doing such exciting things. That particularly struck the young people with unemployment rates that were above 55%.
The operational run rate right now… we’re pretty close to break even.” “Our In a series of tweets, Musk addressed creators’ concerns over things like the types of accounts that were eligible for monetization, rate limits and other issues. Our data licensing and API with X is an incredible business.
And you know what the average open rate is? Steven knows we live in a very highly descendants of Portugal here. That’s why it is important to keep your addresses clean. So here’s a great example of that. I go in and I look at clients who just use e-mail and send out their e-mail. Oh, it’s a nightmare, isn’t it?
Databricks, meanwhile, has evolved from an open-source data analytics platform that struggled to make revenues to a run rate of $350 million. 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. Around TechCrunch. Across the week.
Pistachio Snickers bars are from India, now subject to 26% tariffs, while passion fruit mousse Snickers are from Portugal, now under the 20% European Union levies. By 2020, the price was $1.29, but customers who bought a whole box paid a discounted rate of $1 per piece. On products like these, the tariffs toll is obvious.
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