All posts in Startup
French fintech FORMANCE raises $3.1 million for real-time payment flows
FORMANCE, a Paris-based fintech startup, has raised $3.1 million for real-time payment flows. The company, which designs low code solutions to create payment flows in real-time has tapped $3.1 million on a round. The round was co-headed by Hoxton Ventures and Frst and supported by Y Combinator and angel investors, including Don Hoang, Revolut’s former […]
Project A Ventures closes its fourth fund, garnering $375M, the biggest to date.
About a decade ago, a group of ex-Rocket Internet players launched a venture capital firm. The firm was dubbed Project A Ventures, and since its launch, it has invested in some of Europe’sEurope’s most well-known tech companies. Project A Ventures has invested in WorldRemit, Spryker, sennder, Trade Republic, Voi, and Kry. The Berlin-based VC recently closed its fourth funding round at $375 million, […]
How Finland’s startups attracted unprecedented investment in 2021
Finnish startups witnessed a record-breaking year in 2021 as they pulled a total of €1.2 billion in investment, majorly from foreign venture capital companies. A total of €743 million was poured by Venture capital investors into Finland’s startups, with foreign venture capital companies having €553 million and domestic venture capital firms gulping €190. And all were invested […]
Umba raises $15M, aims to expand into 3 new African markets
Umba, a digital bank functioning in Africa, has raised $15 million in a bid to expand into 3 new African markets. This is coming after two years since the banking platform actualized a seed round of $2 million. The fintech company said it’ll bring accessible and transparent products to people underserved by legacy banks in […]
GoTo raises $1.5 billion in IPO to become Indonesia’s 4th most-valuable firm.
GoTo Group is an Indonesian tech startup and holding company formed in 2021 in a joint venture between Indonesia’s biggest tech companies, Gojek, an e-commerce company, and Tokopedia. In 2015, the two companies signed a deal that involved Gojek delivering Tokopedia’s products through its services. The merger between the two companies has raised $1.1 billion […]
ClickUp launches virtual whiteboards tool to help hybrid teams to create fresh ideas for life.
The Covid-19 pandemic in some parts of the world has accelerated the hybrid work model as several firms permitted their staff to work from their homes. Before the Covid-19 pandemic started in February 2020, just 2% of the American workforce was working remotely. And by May 2020, the number jumped to about 70%. Working from […]
German startup Grover secures €250 million for its tech subscription service
The Berlin-based startup Grover has drawn €250 million in funding, to expand its tech subscription service in Germany and into the rest of Europe, according to Tech.eu. Founded in 2015, Grover offers a subscription service allowing users access to over 2,000 tech devices such as laptops, smartphones, virtual reality equipment, micromobility vehicles, and wearable tech. In […]
UK startup Jolt raises another €12.7m for its streamlined alternative to business school
The UK education startup Jolt has raised an additional €12.7 million for its accessible, flexible approach to business classes, according to EU-startups.com. The new funding round, led by Balderton Capital, brings Jolt’s total funding raised to €20.9 million. The company was founded in 2015, launched a marketplace for live business class videos in 2016, and opened […]
Antler raises another $50m to help launch startups, with backing from Facebook co-founder
The ‘startup generator’ Antler has raised another $50 million to support fledgling startups, with investment from Facebook co-founder Eduardo Saverin, according to TechCrunch. With locations in London, Amsterdam, Stockholm, New York, Sydney, Nairobi, and Singapore, Antler offers a company building program for selected applicants, focused on early-stage funding. They assist entrepreneurs in the first steps of establishing their […]
French startup Majelan raises another €6m for its personalized podcast platform
The French podcast platform Majelan has raised an additional €6 million in funding, according to EU-startups.com, to develop its app offering thousands of podcasts in one place. The startup is also publishing original audio content to compete with established companies like Apple, Spotify, Audible, and Luminary. “Podcasts are growing in popularity in France, with more than […]