Unicorn Nest news
9am.health launches with $3.7M to tackle virtual diabetes care
– 9am.health, a virtual diabetes clinic, raised $3.7m seed funding.
– The round was led by Founders Fund, Define Ventures, Speedinvest and iSeed Ventures.
– The company plans to target the 1 in 3 people living with diabetes in the United States.
Unicorn Nest news
Seqera Labs grabs $5.5M to help sequence COVID-19 variants and other complex data problems
– Seqera Labs, a Barcelona-based data orchestration and workflow platform tailored to help scientists and engineers order and gain insights from cloud-based genomic data troves, as well as to tackle other life science applications that involve harnessing complex data from multiple locations, has raised $5.5 million in seed funding.
– Talis Capital and Speedinvest co-led this round, with participation also from previous backer BoxOne Ventures and a grant from the Chan Zuckerberg Initiative.
Unicorn Nest news
CoachHub Raises $80M in Series B2 Funding
– CoachHub is a Berlin, Germany-based digital coaching platform.
– The company raised $80m in Series B2 funding.
– The round was led by Draper Esprit, RTP Global, HV Capital, Signals Venture Capital, Partech, and Speedinvest.
– The new investment will be used to fund the company’s global expansion.
Unicorn Nest news
Moove Raises $23 Million Series A Funding to Democratize Vehicle Ownership in Africa
– Moove, an African mobility fintech, announced that it has raised $23m in Series A funding.
– The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, LocalGlobe, Tekton, FJ Labs, Palm Drive Capital, Roka Works, KAAF Investments, Spartech Ventures, Class 5 Global, and Victoria van Lennep, co-founder of Lendable.
– Africa specialist, Verod Kepple Africa Ventures, and one of Moove’s existing lenders, Emso Asset Management, also joined the round.
– This brings Moove’s total funding to $68.2m, including $28.2m in equity and $40m in debt.
Unicorn Nest news
Refurbed Raises $54M in Series B Funding
– Refurbed from Vienna is a marketplace for refurbished electronics in the German speaking region promoting sustainable consumption.
– Company raised $54m in Series B funding.
– The round was led by Evli Growth Partners and Almaz Capital, which joined existing investors such as Speedinvest, Bonsai Partners and All Iron Ventures, as well as a group of new backers – Hermes GPE, C4 Ventures, SevenVentures, Alpha Associates, Monkfish Equity (Trivago Founders), Kreos, Isomer Capital and Creas Impact Fund.
– The company intends to use the funds to strengthen its position in the DACH market for refurbished electronics and focus on geographical expansion by entering more European countries, further develop and improve its product portfolio as well as focusing on scaling its international team, employing specialists from all across Europe.
Unicorn Nest news
Tulipshare Launches With $1M in Pre-Seed
– Tulipshare is a London, UK-based activist investment platform, with $1M in pre-seed funding raised to date.
– Backers in the company included Speedinvest and high profile business angels.
– Led by Founder and CEO Antoine Argouges, Tulipshare provides an activist investment platform that enables people to invest as little as £1 and own a small piece of the world’s most influential companies, trading on the United States stock exchange.
Unicorn Nest news
Tide Raises $100M in Series C Funding
– Tide from London, UK provides a business financial platform that offers business accounts and related banking services, as well as a comprehensive set of software solutions.
– The company raised $100m in Series C funding.
– The round was led by funds advised by Apax Digital, the growth equity team of Apax Partners, with participation from existing investors Anthemis, Augmentum, Jigsaw, Local Globe / Latitude, SBI, and SpeedInvest.
– The new investment will be used to continue to develop their business financial platform, grow their market share and expand globally.
Unicorn Nest news
Agro.Club Raises $5M to Accelerate International Expansion of Its Cloud-Based Agriculture Solutions With Embedded Finance
– Agr.Club announced a $20m Series A financing round.
– The round was led by Rabo Frontier Ventures and VentureFriends, with participation from Speedinvest and Elevator Ventures, as well as a number of agriculture industry executives.
– Agro.Club is used by seed, crop protection, animal nutrition companies, as well as other suppliers, to manage their sales and marketing campaigns with distributors and farmers from start to finish.
Unicorn Nest news
byrd Raises €16M in Series B Funding
– byrd, a Vienna-based tech-driven digital logistics and fulfilment platform, raised €16m in Series B funding.
– The round was led by new investors Mouro Capital, with participation from Speedinvest, Verve Ventures, Rider Global and VentureFriends.
– The company intends to use the funding to hire talent and scale offices already serving existing markets in Austria, France, Germany, and the UK, and expand its fulfilment network into five new geographies in eastern, northern and southern European markets.
Unicorn Nest news
Toqio Raises €8M in Seed Funding
– Toqio, a London, UK-based provider of a SaaS global financial platform, raised €8M in seed funding.
– Backers included Seaya Ventures, Speedinvest and SIX FinTech Ventures.
– The company intends to use the funds to expand the platform, scale the team from 19 to over 100, across product, sales and more, as well as secure a market position in Europe and enter the US market.
Unicorn Nest news
wefox Closes $650M in Series C Funding
– wefox is a digital insurance company based in Berlin.
– The company raised US$650m in Series C funding.
– The round was led by Target Global with participation from existing investors OMERS Ventures, Gsquared, Merian, Horizons Ventures, Eurazeo, Mubadala, Creditease, Salesforce Ventures, Speedinvest, Alma Mundi Ventures, Victory Park Capital, GR Capital, Mountain Partners, Seedcamp, and Sound Ventures.
– The new investment will be used to expand into the US and Asia within the next two years while strengthening its presence in its existing markets in Germany, Austria, Switzerland, and Poland.
Unicorn Nest news
Wayflyer Raises $76M in Series A Funding
– Wayflyer from Dublin develops a revenue-based financing and growth platform to eCommerce merchants.
– The company raised $76m in Series A funding.
– The round was led by Left Lane Capital, with participation from DST Global, QED Investors, Speedinvest and Zinal Growth, the family office of Guillaume Pousaz (founder of Checkout.com).
– The new investment will be used for marketing, product development and international expansion.
Unicorn Nest news
Dutch startup QphoX raises €2M to connect quantum computers with a quantum modem
– Dutch startup QphoX raised €2m to connect quantum computers with a “quantum modem”.
– The funding round was led by Quantonation, Speedinvest and High-Tech Gründerfonds, with participation from TU Delft.
– QphoX aims to develop into a commercial product the quantum modem it created at Delft University of Technology (TU Delft).
– It is the exact same thing as a classical modem except for quantum computers, so it kind of converts electrical and microwave signals to optical signals coherently, so you don’t do any of the quantum information in the process.
– It then converts it back so you can really have two quantum computers talk to one another.
Unicorn Nest news
Scalarr Secures $7.5M in Series A Funding
– Scalarr is a machine learning based ad fraud prevention company based in Delaware.
– The company raised $7.5m in Series A funding.
– The round was led by the European Bank of Reconstruction and Development (EBRD), with participation from TMT Investments, OTB Ventures, and Speedinvest.
– The new investment will be used to expand the company’s presence and operations in Asia.