Not often that a European tech company buys a US-based company for half a billion dollars, but here we are: Norway’s Kahoot this morning announced that it is acquiring California-based Clever, a K-12 EdTech learning platform. The combination of two of the world’s leading digital learning platforms will set Kahoot back up to $500 million, […]
In today’s show, we talk about funding deals, VC news, a couple of acquisitions, and much more. The featured interview is with Carlos Cashman, co-founder and co-CEO of Thrasio.
As with just about every aspect of our former non-digital lives, the global pandemic has rapidly accelerated changes that were bound to come. And if it wasn’t already apparent, Oslo-based Kolonial’s raise of ~€220 million (2.2 billion NOK) is yet another indicator of the already red hot European online grocery delivery sector. The round was […]
In and Oslo-to-Oslo transaction, learning platform Kahoot! has acquired cross-town employee engagement and learning app provider Motimate. Kahoot! has acquired 100% of the shares of Motimate at an enterprise value of $25 – $27 million on a cash and debt-free basis, including a 2021 performance-based element, reflecting an approximate 5x multiple on an ARR target […]
Japan’s Softbank has acquired a 40% minority stake in robotics and software firm AutoStore for $2.8 billion. With the purchase, AutoStore now has a $7.7 billion market value. The 40% minority stake will be purchased from funds associated with Thomas H. Lee Partners (THL) and EQT Private Equity, as well as other shareholders. THL will […]
Whereby, the video meeting platform that’s taking on Zoom, Microsoft, and Google, has raised $12 million in a Series-A round. The round was funded by Point Nine as well as more than 20 angel investors including founders of companies including Miro, Typeform, GoCardless, and this other little nordic startup Spotify . The capital is expected […]
In today’s show, we discuss fresh funding, a new startup, an acquisition deal, an IPO, a court case — and of course mention a SPAC. In the second part, listen to an interview with Krystian Kolondra, who explains the latest $100-million announcement by the browser maker Opera.