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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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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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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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
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 […]
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 […]
The B2B payments company is doubling down in both Chile and Mexico, while also eyeing new countries for expansion.
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 […]