This week, Andrii Degeler and Natalie Novick discuss the fresh funding round of Unbabel and the gig economy in general, new tech-related documents leaked from the European Commission, cap table issues in the Nordics and beyond, the mystery of Cachette Capital, and more. The featured interview of the day is a conversation with Carly Kind, director of the Ada Lovelace Institute.
Unbabel, the AI+human translation platform, has raised a $60 million Series C round, led by Point72 Ventures, along with e.ventures, Greycroft, and Indico Capital Partners. The latest investment is nearly three times the $23 million Series B raised in 2018, bringing the company’s total funding to $91 million. Combining state-of-the-art AI with a global community […]
CASAFARI, a fledgling Lisbon, Portugal-based proptech company, has raised €5 million in a seed financing round led by Lakestar and joined by real estate investment fund Round Hill Capital to pursue expansion across Europe. Proptech is not unfamiliar territory for Lakestar, which has made over 12 real estate tech investments to date, including Airbnb, Opendoor, […]
Portuguese-American software startup Fyde has raised €2 million in a funding round co-led by prior backers Draper Nexus and Vertex Ventures. Bright Pixel, Portugal Ventures and Wells Fargo Ventures also chipped in. Based in Porto and Palo Alto, the startup wants to change the way users remotely yet securely gain access to their organisations’ servers. […]
Porto-based startup Barkyn has raised €1.7 million in seed funding for its subscription service for dogs. The round was led by Indico Capital Partners, with participation from All Iron Ventures, Shilling Capital Partners, and 7 Graus. Barkyn offers its customers a monthly pack that contains food, snacks, and, optionally, toys; it also includes the services […]
Sound Particles, a startup based in Leiria north of Lisbon, has raised €400,000 in a seed round led by Indico Capital Partners, with participation from REDAngels. The Portuguese startup has developed a software suite for 3D audio design that has been used for the production of movies like “Aquaman,” “Cars 3,” “Batman v Superman,” “The […]
Not a month goes by without a fresh article being published, raving about Portugal as the best holiday destination, the safest city in Europe, and the latest real estate eldorado with the best return rates. Just as spectacular is the exponential growth of the city’s tech ecosystem, and its ramping densification. Talent and venture capital […]