E-commerce delivery startup Paack has secured a $53 million Series C funding round led by Bregal Milestone, with participation from the current investors Unbound, RPS Ventures, Rider Global, and Fuse Ventures. This transaction brings the total amount raised by the startup to over $80 million. Founded in 2015, Paack provides a delivery platform for the […]
Sumitomo Mitsui Banking Corporation (SMBC) one of Japan’s leading banks – and one of the word’s largest commercial lenders – has invested $30 million into UK challenger bank OakNorth through a secondary transaction. SMBC today also announced that it has become an OakNorth customer, deploying its ‘Credit Intelligence’ software to enhance its commercial lending proposition […]
Giraffe360, a proptech startup that was born in Riga and now raised in London, has announced $4.5 million in funding to accelerate its growth. LAUNCHub Ventures and Hoxton Ventures led the round, while HCVC (Hardware Club) and Change Ventures also participated. The UK-based company offers a subscription service for its robotic camera, which lets real […]
Agrivi, an agri-tech company that is building a robust farm management platform, has raised €4 million from South Central Ventures, the European Investment Fund and the Croatian Bank for Reconstruction and Development. Fil Rouge Capital and AgriTech Hub also participated in the round, which aims to help the company scale its business in Europe and […]
Madrid-based insurtech company Bdeo has just secured €5 million in Series A funding to continue growing in Europe and Latin America. The round was led by BlackFin, and joined by previous backers K Fund and Big Sur Ventures who invested €1 million in Bdeo’s seed round in 2019. The ‘visual intelligence’ platform digitises some standard […]
Paddle, the London-based company behind a revenue platform for B2B SaaS companies, has raised $68 million (£52 million) in Series C funding. The round was led by FTV Capital, with participation from Kindred Capital, Notion Capital and 83 North. Paddle says that when SaaS companies inevitably want to scale internationally, there’s no single elegant solution […]
Digital clean energy company Tibber has set a goal to reduce European households’ electricity consumption by 20 percent. To that end, the Stockholm-based startup raised $65 million in equity funding, thanks to a round led by Eight Roads Ventures and Balderton Capital. In Tibber’s view, beyond the switch to renewables, the energy transition must include […]