Parcel Carrier Yodel from Liverpool secures €99.2M to enhance Automation and Modernisation

Liverpool-based Yodel, an independent parcel carrier, has secured £85 million (approximately €99.2 million) in a funding package to invest in business automation and modernization over the next three years. The funding, supported by PayPoint plc and IGF (Independent Growth Finance), will address the increasing demand for Out of Home (OOH) deliveries and the significant rise in parcel volumes through this expanding channel.

United Kingdom

Parcel Carrier Yodel from Liverpool secures €99.2M to enhance Automation and Modernisation

France

Real Estate Startup Loré from France bags €8M Investment from idiCo

Bordeaux-based Loré, a pioneer in software for managing real estate tax and investment affairs, has secured an €8 million investment from Paris-based investment firm idiCo. This funding marks the first commitment of the idiCo Expansion 4 fund and will significantly bolster Loré’s growth and technological advancements.

Poland

Revoize from Poland secures €464K to enhance AI-Powered Speech Technology

Polish startup Revoize, specializing in noise reduction and speech enhancement technologies, has successfully raised over PLN 2 million (approximately €464,000) in investment from AIP Seed and co-investor Marcin Zukowski. This funding will support Revoize’s mission to transform online communication by significantly improving the quality of real-time conversations for users worldwide.

Startup Ecosystem, Canada

Crypto Lending Startup Morpho from France secures €46.1M from prominent Investors

Paris-based Morpho, a startup developing a decentralized protocol for crypto lending and borrowing on Ethereum, has raised €46.1 million ($50 million) in a new funding round. The investment was led by Ribbit Capital, with participation from strategic partners including a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, and Kraken

Canada, Startup Ecosystem

CAAIN launches $6M Challenge for Data-Driven AgTech Projects

The Canadian Agri-Food Automation and Intelligence Network (CAAIN), based in Edmonton and supported by the federal government, has announced a $6 million call for proposals focused on automation and data-driven innovation in the agri-food sector. Interested parties must submit their project application forms by August 9, 2024.

Spain

Wallbox from Spain secures €41.7M Investment to expand EV Charging Solutions

Barcelona-based Wallbox, a leader in smart electric vehicle charging and energy management, has raised €41.7 million ($45 million) in new funding. The investment will be facilitated through the sale of 36,334,277 Class A ordinary shares in a private placement, set to close on August 5, 2024, pending customary closing conditions.

India

10 Promising Startups to Watch in Santiago, Chile

Santiago, Chile's capital, is a cultural hub and innovation hotspot. Nestled between the Andes and vineyards, it drives the country's innovation ecosystem. Home to nearly 7 million, Santiago ranks fourth in Latin America's startup ecosystems, according to StartupBlink.

Canada

Tracktile from Canada secures $575K to modernize Operations Software for Manufacturing Industry

Charlottetown-based startup Tracktile has raised $575,000 CAD in pre-seed financing, marking the first investment by the Business Development Bank of Canada’s (BDC) Seed Venture Fund. The funding round was co-led by BDC and Island Capital Partners, with participation from the New Brunswick Innovation Fund.

Italia

Healthtech Startup ZOE from UK raises €13.8M to enhance US Health Services

London-based health and nutrition startup ZOE has secured €13.8 million ($15 million) in funding from Coefficient Capital, a New York-based investor in consumer businesses. The new capital will support ZOE’s mission to improve health across the United States by expanding its innovative services and reaching a wider audience.

Italia

BlackPeak Capital from Bulgaria leads €10M Series B Funding for Leanpay from Slovenia

In a major boost for Southeast Europe’s digital economy, Bulgarian venture capital firm BlackPeak Capital has led a €10 million Series B funding round for Slovenia's leading Buy-Now-Pay-Later (BNPL) platform, Leanpay. The round was co-led by Catalyst Romania.

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Parcel Carrier Yodel from Liverpool secures €99.2M to enhance Automation and Modernisation