Spurred by Europe’s fast-growing tech sector, startups in the region have raised a record $121 billion in funding this year, almost three times the $41 billion brought in last year, according to the State of European Tech 2021 report from venture capital firm Atomico. Europe...
Postmates’ robotics division, which spun off as Serve Robotics in February of this year following last year’s purchase of Postmates by Uber, announced an expanded $13 million seed funding round on Monday (Dec. 6). During the spin-off, Serve said it planed to look into deploying...
Home loan platform Hometap on Monday (Dec. 6) announced that it raised $60 million in fresh operating capital through a funding round that will help the company offer its services to more customers in new ways. Hometap provides a loan alternative that taps into home...
SmartPaddle Technology Pvt. Ltd, which owns and operates packaging materials platform Bizongo, has raised ₹825 crore ($110 million) through its recent Series D fundraising round, according to regulatory filings, Mint reported Monday (Dec. 6), putting its value at ₹4,500 crore ($600 million). SmartPaddle has brought...
Female-founded Finnish payment services provider Enfuce raised €45 million ($51 million) in a Series C investment round led by Vitruvian Partners, with participation by Tencent, Maki.vc and other early-stage investors, according to a press release on Monday (Dec. 6). Among the leading European card-as-a-service (CaaS)...
The Mexico City-based spend management platform Clara announced its launch in Brazil Monday (Dec. 6), an occasion marked by $70 million in new funding and a $1 billion valuation. As the company noted in its press release, that valuation comes just eight months after Clara’s...
Fueled by the pandemic, digital car sales are still going strong. On Monday (Dec 6.), London-based online car marketplace Carwow announced that it has secured $55 million in new funding, as it looks to take on rivals in the new and used vehicle market. Launched...
The German phone-as-a-service provider everphone has raised $200 million in new funding, money the company says it will use to expand its efforts in Europe, with an eye towards a launch in the U.S., according to a Monday (Dec. 6) press release. The Berlin company...
In a drive to speed up technology and platform advancement, London-based online vehicle marketplace Carwow has secured $55 million in investments from Hercules Capital, according to a Monday (Dec. 6) report from UK Tech. In addition to broadening its user base internationally, the company said...
