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☆ Automation helps insulate Rohlik from a bruising 2023 for the grocery delivery sector
▼ + stars: | 2024-03-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +6 min

Read previewInvestors couldn't get enough of grocery delivery startups during the pandemic. Rohlik is on a pathway to profitability and has broken even in several key cities, CEO Tomas Cupr told Business Insider. Advertisement"The online grocery industry didn't have the best year in 2023, but we're still growing, which is super positive," Cupr told BI. At least 19 grocery delivery startups were operating across Europe at the height of the market. "The grocery delivery market remains a challenging area in Europe.

Persons: —, Tomas Cupr, Cupr, we've, Turkey's, Germany's, Nalin Patel, Jan Hammer Organizations: Service, Venture, Business, Ventures Locations: Europe, Prague, Czechia, Hungary, Munich, London, Paris, Budapest, Vienna, Istanbul, New York

☆ AudioStack can create voice adverts in 8 seconds with AI. Check out the 18-slide pitch deck it used to raise $3.1 million.
▼ + stars: | 2024-02-06 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Read previewAudioStack, an AI audio production startup, has raised $3.1 million in funding. The company works with major businesses that produce thousands of pieces of content a month to generate audio, mix, level, and master voice and music for advertising purposes. AdvertisementThe startup works with large advertising agencies to ingest audio content and speech, with the intention of reducing the speed and cost of producing adverts. AudioStack has raised $3.1 million to scale its operations in a funding round led by Quadri Ventures. "The landscape has fundamentally changed previously it was all about Web3, and it was hard to raise as an AI company despite our good traction," Kunz added.

Persons: —, Timo Kunz, Kunz, AudioStack, " Kunz Organizations: Service, Porsche, Business, Quadri Ventures Locations: London

☆ SoftBank-backed education startup GoStudent conducts another round of layoffs
▼ + stars: | 2024-01-31 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +4 min

SoftBank-backed education startup GoStudent has initiated another round of layoffs, affecting over 100 people, Business Insider understands. Austrian company GoStudent, billed as Europe's first edtech unicorn, offers one-to-one video tutoring. GoStudent did not confirm the scale of the layoffs when approached for comment by BI. The business and strategy adjustments aim to make GoStudent fully profitable and cashflow positive "as quickly as possible," he said. The fresh round of layoffs is GoStudent's third following cuts in September and December of 2022, all previously reported by BI .

Persons: GoStudent, Felix Ohswald, I've, Ohswald, Studienkreis Organizations: Business, LinkedIn, BI Locations: Austrian, Germany, Austria, Switzerland, DACH

☆ Learn how to drive performance on TikTok from these award-winning brands
▼ + stars: | 2023-11-10 | by ( Sponsor Post | Created Tiktok For Business With Insider Studios | ) www.businessinsider.com time to read: +9 min

Additionally, there was a significant boost in searches and sales on search channels during the TikTok campaign, with a remarkable 4x increase in daily searches compared to the pre-campaign period. The brand then leveraged TikTok's new end-to-end automation solution Smart Performance Campaign, which maximizes delivery outcomes for businesses. ERGO's campaign shows the effectiveness of scaling your TikTok ad creative to combat fatigue and drive results. If you'd like to learn more about TikTok and the TikTok Ad Awards, sign up for their newsletter. Read about the winners of the Greatest Creative category at the TikTok Ad Awards 2023.

Persons: TikTok, PureGym, Italy Ray, Cosmétiques, Read Organizations: Agency, Nepa, Value Media, Mobile, Orange, Spain ING, Señora, Banking, ING, CPA, Business, Insider Studios Locations: Europe, Germany, France, Italy, Spain, Poland, TikTok

☆ Level up your ad creative with the help of award-winning brands on TikTok
▼ + stars: | 2023-11-10 | by ( Sponsor Post | Created Tiktok For Business With Insider Studios | ) www.businessinsider.com time to read: +9 min

The TikTok Ad Awards are back in full force for 2023, with brands and agencies across Europe being recognised for amazingly creative, high-performing campaigns. Lidl harnessed this power to launch its brand on TikTok, drive new followers and foster brand love in the process. The content positioned Ford as a brand that understands the TikTok platform, interacts with the community, and responds quickly as well as entertainingly to viral moments. For more tips, explore their Creative Center or check out their Creative Codebook. If you'd like to learn more about TikTok and the TikTok Ad Awards, sign up for their newsletter.

Persons: TikTok, Lidl, Leo Burnett, Fiat, Gabriele Vagnato, MASPEX, @Foxx.gotuje, Ford, @officieldace, Read Organizations: Creative, Fiat Stellantis, Fiat, Cloetta Suomi, Bängeri, SPACE CAT, Creative Spain Samsung, BE, Samsung, Deutschland, Ford, BNP, Creative Center, Center, Business, Insider Studios Locations: Europe, Germany, France, Italy, Spain, Poland, Creative Spain

☆ GoStudent, the $3 billion edtech darling, scaled fast and partied hard. The result was a mess.
▼ + stars: | 2023-10-24 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +23 min

These people were employees of GoStudent, an Austria-based online-tutoring startup that had quickly become the darling of the European tech scene. But 28 current and former GoStudent employees and tutors said they experienced a poorly run organization with clumsy management. Edtech companies "rarely have any major competitive advantage other than scale," a European venture capitalist who's not affiliated with GoStudent said. A GoStudent employee threatened to track down the petition's author using tutors' IP addresses, according to the German publication Handelsblatt. According to public documents updated in December 2022, GoStudent had shrunk to 15 markets and 1,500 employees, including its acquisitions.

Persons: Felix Ohswald, Gregor Müller, GoStudent, who'd, I'm, Heinz, Peter Meidinger, cofounders, Ferdinand von Hagen, Prada, GoStudent's, Dave Benett, Müller, —, Ohswald, Anthony Canavan, Canavan, Brutkasten, Norbert Wess, Harry Murphy, Duncan McIntyre, McIntyre, Neel Gupta, Anna Tuchy, Patrick Nadler, Nadler, Sarah Heuberger, Ross Slater Organizations: German Teachers ' Association, Employees, GoStudent, Conseil, prud'hommes, DBS, Safety Officers, Web, Getty, JP Morgan, Barclays, Deutsche Bank, TechCrunch, Organisation for Economic Cooperation Locations: Vienna, Austria, Silicon Valley, North America, South America, Europe, London, France, Soho , London, Dock, DACH, Germany, Switzerland, Spanish, Sweden, Swedish, GoStudent, Ukraine, Ibiza, GoStudent's, Deliveroo

☆ Leafs claw back from two goals twice, beat Habs in shootout
▼ + stars: | 2023-10-12 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/44] Oct 11, 2023; Toronto, Ontario, CAN; Montreal Canadiens right wing Cole Caufield (22) skates during the warm up before game against the Toronto Maple Leafs at Scotiabank Arena. Noah Gregor and William Nylander also scored for the Maple Leafs. Alex Newhook scored twice for Montreal. The Canadiens took advantage of an odd-man break from their own end to take a 2-0 lead at 1:10 of the second period. Samsonov saved Montreal's last penalty-shot attempt by Dach to cement the win for the Maple Leafs.

Persons: Cole Caufield, Nick Turchiaro, Mitchell Marner, Auston Matthews, Noah Gregor, William Nylander, John Tavares, John Klingberg, Alex Newhook, Jake Evans, Jesse Ylonen, Kirby Dach, Ilya Samsonov, Jake Allen, Evans, TJ Brodie, Evans pounced, Juraj Slafkovsky, Gregor, Matthews, Newhook, Caufield's, Tyler Bertuzzi, Arber, Ylonen, Samsonov, Montreal's Organizations: CAN, Montreal Canadiens, Toronto Maple Leafs, Scotiabank Arena, Toronto, Maple Leafs, Montreal, Canadiens, Leafs, Thomson Locations: Toronto , Ontario, Montreal, Toronto

☆ Nyra Health provides personalized therapy to users with neurological conditions via an app. Check out the 11-slide deck it used to secure $4.9 million.
▼ + stars: | 2023-06-22 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Mental health startup Nyra Health has raised $4.9 million in funding. The startup offers personalized therapy for neurological conditions. A startup that's bringing digital therapy to patients with neurological conditions has secured $4.9 million from MassMutual Ventures and Wellington Partners. It then maps patients' neurological profiles using this data, to monitor any long-term changes in their conditions. The fresh funding comes amid ongoing, heightened interest in health startups following the pandemic.

Persons: Moritz Schöllauf, Nyra, Schöllauf Organizations: MassMutual Ventures, Wellington Partners Locations: Vienna, MyReha, Nyra, DACH

☆ NHL roundup: Alex Ovechkin hits 40 goals for record 13th time
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +10 min

Mandatory Credit: Brad Mills-USA TODAY SportsMarch 22 - On a night he was honored for passing one NHL legend, Washington's Alex Ovechkin made history by eclipsing another. Before the game, Ovechkin was honored in a 20-minute on-ice ceremony for passing Gordie Howe for second place on the all-time NHL goals list on Dec. 23. On Tuesday, Ovechkin scored his 40th goal of the season, passing Wayne Gretzky for the most 40-goal seasons in NHL history with his 13th. Barrett Hayton scored the lone goal for Arizona (27-33-11, 65 points), which saw its four-game winning streak come to an end. Alex Chiasson and Filip Zadina scored regulation goals for the Red Wings, who earned just their third victory in their last 13 games.

☆ Ex-Amazon consumer chief Jeff Wilke backed a $4 million round in preventative healthcare startup AERA Health after seeing this 12-slide pitch deck
▼ + stars: | 2023-03-20 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

A Swiss-German startup has raised $4.25 million for its preventative healthcare platform. AERA Health will offer consumers a mix of digital and in-person treatments and personalized health plans. A startup that aims to bring preventative and personalized healthcare plans to individuals has just secured $4.25 million in funding. Swiss-German startup AERA Health is tapping into the burgeoning field of preventative medicine and longevity — tailing Spotify founder Daniel Ek's recent foray into the sector. This holistic data gives the startup — and any clinicians working collaboratively with it — a starting point to guide their patients through their personalized health plans.

☆ Aleph Alpha, a European rival to OpenAI, is in talks amid AI boom to raise up to $100 million in new funding, sources say
▼ + stars: | 2023-02-24 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Generative-AI startup Aleph Alpha is in talks with investors over a new funding round, sources said. Aleph Alpha, a German generative AI startup, is in talks with investors over a new funding round, Insider has learned. Founded in 2019 by CEO Jonas Andrulis, a former machine-learning engineer at Apple, and Samuel Weinbach, Aleph Alpha researches and develops AI systems with a focus on enterprise customers. Aleph Alpha declined to comment. Aleph Alpha has a chatbot called Lumi which is built on top of its language-learning model Luminous.

☆ Europe's venture capital firms are facing a painful 2023 as some struggle to prove returns to LPs in bid to raise fresh capital
▼ + stars: | 2023-02-23 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +5 min

Some of Europe's venture capital firms are struggling to show returns on their investments. Europe's venture capital sector has enjoyed a booming run in recent years. Now, the dramatically changed economic landscape has left not only the startups facing a scarcity of available capital, but also the venture capital firms that fund them too. There are likely to be countless more who are also struggling to raise capital. For some smaller firms, the frothy days of 2021 are looking increasingly like a distant memory.

☆ NHL roundup: Adrian Kempe, Kings pound Penguins
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +10 min

Mika Zibanejad scored his 27th goal, Kaapo Kakko also found the net and Vincent Trocheck and Jimmy Vesey each added two assists. Carolina's Sebastian Aho saw his six-game goal streak end. Blues 6, Coyotes 5 (OT)Ryan O'Reilly scored the winning goal 1:02 into overtime to lift St. Louis past visiting Arizona. Scott Wedgewood made 28 saves in his first appearance since blanking the Los Angeles Kings 4-0 on Jan. 19. Jonatan Berggren scored two goals, Filip Hronek scored a goal, and Ben Chiarot had two assists for the Red Wings.

☆ NHL roundup: Pens' Kris Letang plays hero in return vs. Panthers
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +8 min

Letang, who was activated from long-term injured reserve earlier in the day, finished with two goals and two assists. Aaron Ekblad had a goal and two assists, Sam Reinhart and Matthew Tkachuk a goal and an assist apiece and Colin White one goal. Fiala also had an assist, while Anze Kopitar scored two goals and Samuel Fagemo contributed one goal for the Kings. Avalanche 3, Capitals 2Artturi Lehkonen, Alex Newhook and Andrew Cogliano scored goals, Alexandar Georgiev had 37 saves and Colorado beat Washington in Denver. Logan O'Connor had two assists for Colorado, which has won six straight despite Cale Makar missing his fourth straight game with an upper-body injury.

☆ NHL roundup: Kraken hand Bruins first home regulation loss
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +8 min

[1/5] Jan 12, 2023; Boston, Massachusetts, USA; Seattle Kraken goalie Martin Jones (30) reacts during the third period against the Boston Bruins at TD Garden. Jones logged 10 of his stops in the second period in his third shutout this season and 28th overall. Tyler Seguin scored his 10th goal of the season for the Stars and Oettinger made 29 saves. Kyle Connor scored the game-winning goal in the third period, while Dylan Samberg, Josh Morrissey and Karson Kuhlman also scored for the Jets. Victor Olofsson had a goal and an assist and Tyson Jost scored for Buffalo, which has lost three in a row.

☆ GoStudent, a $3 billion education startup backed by Coatue and SoftBank, has started a fresh wave of layoffs that could hit over 100 jobs, sources say
▼ + stars: | 2022-12-14 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

SoftBank-backed education startup GoStudent is cutting jobs for the second time in three months. The Austrian startup has already cut roles in Italy, Germany, and Vienna, Insider understands. GoStudent has raised $686 million to date and is also backed by Coatue and Prosus. GoStudent, a $3 billion edtech startup backed by some of the world's biggest tech investors, has started laying off staff for the second time in three months, Insider understands. According to public layoffs tracker Layoffs.fyi, almost 1,000 tech companies have cut more than 150,000 staff.

☆ Prediction Capital just closed the first tranche of its $30 million fund to back early-stage fintech and consumer startups in the DACH region
▼ + stars: | 2022-11-16 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Prediction Capital has launched its first fund to back early-stage fintech and consumer startups. The $30 million fund, backed by Swiss family office Infinitas Capital, will focus on the DACH region. The Malta-based firm, which has reached the first close of its new $30 million early-stage fund, will focus on startups in the DACH region. Its focus is early-stage startups, across pre-seed to Series A, and initial ticket sizes will range from $250,000 to $500,000. With the help of the family office, Prediction Capital has been able to close four deals so far.

☆ NHL roundup: Spencer Knight, Panthers blank Hurricanes
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +2 min

[1/5] Nov 9, 2022; Sunrise, Florida, USA; Florida Panthers goaltender Spencer Knight (30) watches the puck on the shot of Carolina Hurricanes right wing Stefan Noesen (23) during the third period at FLA Live Arena. Mandatory Credit: Jasen Vinlove-USA TODAY SportsNovember 10 - Spencer Knight made 40 saves for his first shutout of the season as the Florida Panthers defeated the Carolina Hurricanes 3-0 on Wednesday in Sunrise, Fla. The 40 stops were a season-high for the 21-year-old goalie, and when Carolina pushed back in the third period, Knight was particularly sharp, stopping 18 shots in the final stanza. Nick Cousins, Aleksander Barkov and Sam Bennett scored for Florida, which has won back-to-back games despite missing Matthew Tkachuk because of a suspension. Jason Zucker, Brock McGinn and Jeff Petry each scored during a three-goal second period and Jake Guentzel tallied into an empty net in the third for the Penguins.

☆ NHL roundup: Alex Ovechkin, Caps overtake Canucks
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +6 min

With 7:16 remaining in regulation, Ovechkin slid the puck onto the stick of Sheary, who converted the go-ahead goal. Ovechkin, who had one assist in the first three contests, added some tip-in insurance with 2:58 left to play. Tyler Seguin, Jani Hakanpaa, Joel Kiviranta and Miro Heiskanen each scored a goal and Mason Marchment added two assists for Dallas. Anze Kopitar and Adrian Kempe each had a goal and an assist for the Kings, who earned their second win in a row. Linus Ullmark made 37 saves for his second win of Boston's three this season.

☆ A VC associate breaks down what it's like to work in venture capital: 'Our business model is to make piles of money into bigger piles of money'
▼ + stars: | 2022-05-11 | by ( Nina Anika Klotz | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +5 min

Generation Z has already produced many founders, but it's still underrepresented in venture capital, Lawrence said in an interview with Insider. "Our business model is to make piles of money into bigger piles of money," Lawrence said. Lawrence said she got into venture capital because she wanted to help founders with visions she believes in. Her LinkedIn profile said she started in the operations team and then moved to the funds team. In Berlin, everyone is looking, and some funds work together, leading to everything becoming overpriced, she added.

Victor große Macke is the founder of Farmerscent. Yet the health of animals affects more than just the quality and quantity of products like milk and meat. For farmers, weakened animals can quickly become a cost factor, as medications like antibiotics are expensive. Lavender oil to boost moodVictor große Macke wanted to find a way to promote animal health with a herbal remedy. "We hope it will get even better with the Internet," said große Macke.

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