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Search resuls for: "Lakestar"


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Timefold, a Belgian startup, has raised $6.7 million to enhance its AI scheduling platform. Timefold uses AI to optimize planning for industries like transport and logistics. Lakestar, a VC fund, led the funding round as Timefold plans to expand its marketing efforts. AdvertisementTimefold, a Belgian startup that uses AI to help businesses create operational plans such as employee shift scheduling, has raised $6.7 million in funding. We are tackling complex planning problems by providing out-of-the-box planning models for IT teams to run, test, and configure easily."
Persons: , Timefold's, Geoffrey De Smet Organizations: Service, Business Locations: Belgian, Ghent, Belgium
European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French fintech startup Swan. Swan raised the funds in a series B investment led by European venture capital giant Lakestar. Accel, another venture capital firm, previously led Swan's series A round in 2021. "What we had in mind with our co-founders was that it shouldn't be that complex," he told CNBC. Georgia Watson, a principal at Lakestar based in the firm's London office, said the firm had been tracking Swan "for about a year."
Persons: Swan, Nicolas Benady, Benady, Georgia Watson, Watson, Goldman Sachs Organizations: Accel, Swan, CNBC, ABN Amro, ING Group Locations: French, Netherlands, London
Paris-based Swan has raised $39.2 million in Series B funding from Lakestar. Founded in 2019, the company offers banking-as-a-service and embedded finance products via an API. The startup will use its new funding to expand into new European markets. Swan, a banking-as-a-service fintech startup, has raised $39.2 million in new funding, which it plans to invest into its expansion into new European markets. Paris-based Swan provides a banking-as-a-service (BaaS) and embedded finance platform allowing companies to offer banking services to their customers.
Persons: Swan Organizations: Carrefour Locations: Paris, Lakestar
Almost half of startups backed by top UK and European VC firms lack female board members, data shows. It means startups trail the 350 biggest listed UK firms, which hit 40% female board representation. Startups, though often promising to disrupt the status quo, are well behind larger firms when it comes to female leadership. Nearly half of startups currently backed by top UK and European venture capital firms lack any women on the board, new figures show. The data comes from 16 VC firms in the UK and Europe and covers 450 companies in their portfolios.
Persons: ESG_VC, Henry Philipson, Philipson, Michelle You, there's Organizations: European, Molten Ventures, Beringea, MMC, British Private Equity, Venture Capital Association, Investors Locations: Highland, Europe
Climate startup CleanHub wants to make it easier for developing economies to recycle trash. About a third of trash globally is dumped or burned, contributing to the climate crisis. Check out the 12-slide pitch deck CleanHub used to raise $12 million. Material that can be is recycled, while other waste is co-processed, meaning it is burned and used as fuel. Check out the 12-slide pitch deck it used to raise the cash below.
Persons: Joel Tasche, Tasche, CleanHub, Louis Pfitzner Organizations: World Bank, Integra Partners, Übermorgen Ventures Locations: Mount Rinjani, Lake Constance, Germany, Berlin, India, Indonesia, Cambodia
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.
German startup Constellr has raised $10 million to build microsatellites for the agriculture sector. Check out the 12-slide pitch deck it used to raise its seed round below. German space startup Constellr has secured $10 million in seed funding to ramp up its efforts to build microsatellites that can monitor water for the agriculture industry. The startup said its satellites differ from existing satellites by going beyond visual imaging, allowing farmers to make more precise interventions with their crops. Check out the 12-slide pitch deck Constellr used to raise the fresh funds below:
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.
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