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Search resuls for: "Breega"


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Malibou, a French HR and payroll startup, has raised $3.3 million in seed funding. The startup targets small and medium-sized businesses in France that lack efficient HR tools. Malibou aims to offer expert payroll support and modern HRIS, competing with firms like PayFit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMalibou, a French startup that helps small businesses with payroll and HR, has raised $3.3 million in seed funding.
Persons: , Maxence Drummond, Breega Organizations: Service, French VC, Business Locations: France
British banking-as-a-service fintech Griffin has raised new funding after receiving regulatory approval to be a fully operational bank. The market is god awful, so not having to do a down-round, with outside investors coming in, is the best outcome." Griffin has raised £19.1 million, around $24 million, in a funding round led by MassMutual Ventures, NordicNinja, and Breega, with participation from Notion Capital, EQT Ventures, DG Daiwa and CircleRock. "We are hiring, but unlike earlier rounds, we aren't going on a hiring blitz, as we did the hiring for this round before the round closed. We were about to be a fully operational bank, so we needed operations roles," Jarvis added.
Persons: fintech Griffin, Griffin, David Jarvis, Allen Rohner, Jarvis, We've Organizations: Business, Prudential, Authority, Financial, MassMutual Ventures, NordicNinja, Notion, EQT Ventures, DG Locations: London
Spanish startup 011h is betting on timber as a humble hero to ease the climate and housing crises. Now, a Spanish construction company is hoping to spearhead the adoption of flat-pack buildings. When it is cut down for timber, carbon remains stored in the wood until it burns or decays. For Brennan, cost remains a big "but" — even if sustainable buildings are a no-brainer. If it's not affordable, if people cannot pay for it, then it's not sustainable," Carné said.
Portuguese compensation management startup Coverflex has raised $16.3 million in fresh funds. The startup enables workers to manage their own benefits and choose from perks like health insurance. We got an exclusive look at the 14-slide pitch deck Coverflex used to raise the new round. A startup that has developed a platform for companies to manage employee compensation and benefits in one place has raised $16.3 million in fresh funds. Coverflex claims its platform offers high tax advantages for employers and also enables HR teams to personalize which teams can access specific benefits.
Spanish startup Ukio has raised $28 million for its flexible rental platform. The startup's platform offers apartments to workers seeking greater flexibility on contracts. Check out the 11-slide pitch deck it used to raise its Series A round below. Ukio raised the funds in a round led by Farfetch-backer Felix Capital, with additional investment from Kreos Capital, a London-headquartered debt fund, Heartcore, and Breega. Of the $28 million raised, $18 million was in the form of equity and $10 million in the form of debt.
Spanish startups lured a record $4.1 billion from investors in 2021, according to PitchBook. The government hopes its new Startup Law will help birth an array of new unicorns. In 2016, Lucas Carné sold his fashion marketplace startup Privalia for around 500 million euros (around $495 million) in a landmark deal for the Spanish tech ecosystem. Privalia's sale to its enlarged French counterpart Ventee-Privee – since rebranded as VeePee – illustrated just how far the Spanish startup scene had changed in the space of 10 years. Spanish startups secured a record $4.1 billion in 2021 – more than double that of 2020 –, according to PitchBook data.
Numida, a Ugandan fintech that offers credit to small businesses, has raised $12.3 million in new funding. The startup, which was founded by three Canadian Y Combinator graduates in 2015, wants to expand access to working capital for businesses across Africa. Numida believes there are 20 million small and micro businesses lacking working capital, an opportunity it values at around $5 billion. "Our initial process was simple: How do we provide the best form of working capital to excluded people?" Serena Williams' fund Serena Ventures is leading a $7.3 million portion of equity funding alongside Breega, 4Di Capital, Launch Africa, Soma Capital, Y Combinator, and MFS Africa.
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