Graz-based Metaloop raised €16 million to accelerate their growth & reduce carbon emissions

Metaloop, one of the largest European vertical software solutions for the metal recycling industry, founded in 2022 has successfully closed an oversubscribed Series A financing. The round was led by New York-based technology investor FirstMark Capital, totalling over €16 million Euros with participation from Silence VC and existing investors Statkraft Ventures and FJ Labs.  The […]

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Berlin-based Cardino secures €1 million pre-seed to build the real deal marketplace for used EVs

German startup Cardino successfully closed a €1 million pre-seed round, with Silence VC and FJ Labs leading, and involvement from distinguished investors like Asymmetric Capital Partners, DEPO Ventures, Voyagers.io, Inclimo, Gaingels, and other industry experts as business angels. Cardino’s operates as a marketplace, connecting EV sellers to dealerships via auctions. The unique C2B model utilises […]

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German contech Schüttflix bags €45 million to enable a fully circular economy for building materials

Gütersloh-based Schüttflix announced that it has raised €45 million in a financing round led by the founders and existing investors and supplemented by a working capital line. New equity investors include FJ Labs, DEVK Insurance and various family offices. In addition, Goldbeck, one of Europe’s leaders in commercial construction, and the waste management specialist IK […]

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London-based Unaric raises €32 million to build the largest suite of apps on the Salesforce platform

At this point, is no surprise to anybody the fact that Salesforce is the largest SaaS business in the world. It owns a quarter of the CRM market and has had an average growth of more than 25% a year over the last 10 years. Around 95% of Fortune 500 companies use Salesforce. The independent […]

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“Most active investor” FJ Labs closes on $260M across two new funds

Fabrice Grinda says he never intended to run a venture firm. He just really (really) enjoyed angel investing. In fact, by late 2013, when he was on the verge of selling the global classifieds marketplace OLX — his third business — he says he had already written checks to more than 150 startups with his […]

“Most active investor” FJ Labs closes on $260M across two new funds by Connie Loizos originally published on TechCrunch

A new ‘Institutional Angel’ fund is an example of the UK’s continuing ability to innovate in venture

The UK’s Enterprise Investment Scheme has been a power-house for startups out of the UK because it allowed Angel investors to invest in a very tax-efficient manner. Launched in 1994, it was designed to encourage investments in small unquoted companies. As Wikipedia will tell you, by end of the 2014-15 tax year, a cumulative total […]

Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. This time, it’s a startup that was in the news this January: Namibia-based JABU, whose $3.2 million seed round we covered. Now, the last-mile distribution e-commerce company has […]

PayU doubles down on LatAm fintech, acquires Ding and leads $46M investment in ‘superapp’ Treinta in Colombia

PayU, the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets — announced a double-deal today to expand its presence in Latin America. The company has acquired Ding, a platform that lets people top up mobile phone credits for others remotely; and it has […]