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Tag: startup

Maschmeyer and Maersk invest 10 million in Berlin startup (and more investments you need to know)

Fliit Carsten Maschmeyer and the shipping company Maersk are investing 10 million euros in the Berlin-based food logistics company Fliit. The startup, which arranges transport for food and generates a monthly turnover of just under one million euros, was founded in 2016 by Flavio Alari. With the fresh capital Fliit…

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Berlin start-up Honeypot: Xing buys job portal for up to 57 million euros

In 2015, Kaya Taner and Emma Tracey founded the start-up Honeypot in Berlin – around four years later, they took care of it. The careers network Xing takes over Honeypot for initially 22 million euros. Depending on the success, another 35 million will be added after three years. Both founders…

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Ualá bets on fintech expansion with support from Tencent and SoftBank giants

Argentine digital bank Ualá is looking to double its size, expand its product range and take advantage of the experience of new investors such as Chinese technology giant Tencent and Japanese SoftBank, said the founder of the “Startup” Pierpaolo Barbieri. Ualá, a personal finance application, announced this week that it…

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SURGE graduates first startup cohort

The first cohort of Lakeshore Advantage’s 12-week entrepreneur startup program graduated. There were nine startups involved in SURGE’s first BoostCamp cohort. Based on curriculum developed at Stanford University, BoostCamp is meant to help founders rapidly develop and test ideas through focus on customer and marketplace feedback, using data to establish…

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Florida Funders and USF team up to launch startup seed fund

Promising Florida startups in technology, engineering and life sciences could get a boost at a critical early stage, thanks to a new investment fund launched by Florida Funders and the University of South Florida. The Seed Florida Early Stage Investment Fund has its roots in a $250,000 grant from the…

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NBFC Samunnati’s unit pumps funding in agri-tech startup Kamatan

Kamatan, an agricultural-technology startup that focuses on the agricultural logistics and supply chain segment, has raised Rs 30 crore ($4.18 million at current exchange rate) in funding from Chennai-based Samunnati Agro Solutions, according to reports. The Kamatan Farm Tech Pvt. Ltd-operated startup raised the money through a mix of equity…

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NFL’s Miami Dolphins’ owner Stephen Ross invests in sports betting startup

Last year, the Dolphins, owned by billionaire Stephen Ross (photo), tweeted urging Floridians to vote no on a ballot initiative that would have made it harder to legalize sports betting statewide. illionaire Stephen Ross has invested in the sports gambling startup the Action Network, yet another move by a National…

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Credit Suisse to pump $100m into Indian co-living startup Zolostays

India’s flat-share platform, Zolostays, is in talks with Swiss investment bank Credit Suisse to raise around $100 million, according to a report by Press Trust of India. “We are in talks with Credit Suisse to raise $100 million in a Series C round to fund our expansion plans to increase…

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Temasek leads $220m round for Indian online pharma startup

Mumbai-based online pharmacy startup PharmEasy has raised $220 million in a fresh round of financing led by Singapore state investment firm Temasek Holdings. The development was first reported by BloombergQuint, which cited unidentified sources. DealStreetAsia independently confirmed the funding with a source close to the development. Canada’s second-largest pension fund…

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