Kinnevik
It’s not just instant-delivery startups that are struggling. Oda, the Norway-based online supermarket delivery startup, has confirmed layoffs of 150 jobs as it drastically scales back its expansion ambitions to…
Tourism continues to bounce back in the wake of COVID-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time since 2020. That’s having a big…
The COVID-19 pandemic ground travel and tourism to a halt, but as those sectors pick up speed again, so too are the more promising startups in them raising money to…
SME-focused business travel booking platform TravelPerk has topped up the $160 million in equity and debt it raised last in a Series D last April with an additional $115 million…
Vay, a company that is trying to get self-driving car services to market faster by pursuing a teledriven approach, has raised a $95 million Series B round to help it…
The new funding will accelerate the company’s goal of doubling its stores in the U.S. and Europe.
Sure raises $100M at a $550M valuation to help companies launch insurance products with its ‘flexible’ APIs
Sure, an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. New York-based Declaration Partners and European growth…
Late-stage fintech startup Pleo, which offers expense management tools and “smart” company Mastercards, says it plans to raise a Series C round of funding this summer. It’s also launching a…
If you’re at all interested in wine, chances are you’ve turned to Vivino at least a few times for recommendations. The app and the company behind it have been helping…
Food delivery apps have been a big deal this year both for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores, and for investors…
Multimodal travel platform Omio (formerly GoEuro) has raised $100M in late stage funding to help see its business through the coronavirus crisis. It also says it’s eyeing potential M&A opportunities…
Business travel SaaS startup, TravelPerk, has announced it’s more than doubled the $44M Series C round we wrote about just nine months ago — taking in a further $60M from…
Pleo, the Danish fintech that offers a “business spending platform” that lets companies easily issue employees with cards and manage expenditure, has raised a hefty $56 million in Series B…
Only six months ago Barcelona-based TravelPerk bagged a $21 million Series B, off the back of strong momentum for a software as a service platform designed to take a Slack-like chunk…
Despite exit rumors and quitting Morocco, Uber is staying in Africa, according to its General Manager for Sub-Saharan Africa, Alon Lits. Speculation Uber could leave the continent surfaced late last year…
Glossybox, a BirchBox clone launched by the Samwer brothers back in 2011 to deliver willing consumers a monthly subscription of beauty products, has been acquired by UK online retailer and…
Africa’s artists have a new online stage to showcase their talent. Nigeria based digital entertainment startup Iroko has launched IrokoX, a multi-platform Pan-African network for filmmakers, musicians, and other creative…
Indian classifieds startup Quikr has made an undisclosed acquisition to grow its recruitment business.
Global Fashion Group (GFG), the umbrella group that manages Rocket Internet-backed online fashion businesses worldwide, has added €30 million ($33 million) to a €300 million round that it announced back…
Ringier Africa Deals Group, a joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings Ltd., acquired Nigerian online shopping startup DealDey for an undisclosed amount.
Zappos-Style Fashion Portal Zalando To File For $657M IPO In Frankfurt In 2014
Rocket Internet, the Berlin-based global e-commerce incubator, is widely believed to be preparing to go public, but in the meantime, Zalando, a Zappos-style European fashion portal with 13.5 million active…
Rocket Internet Raises $500M From Kinnevik And Access, Plans More E-Commerce In Emerging Markets
Rocket Internet, the Berlin-based e-commerce incubator that has been behind dozens of startups around the world, is preparing to spin out a few more. The company today is announcing that…
Exclusive – TechCrunch has just learned that Wimdu, a recently launched Airbnb clone that has already managed to irk the latter, has raised a whopping $90 million round. The capital…