Seb Haugeto’s Post

💶 Muffin raises € 3.2 million! 📈 We are thrilled to announce the closing of a €3.2 million pre-seed #round for Muffin, our #fintech startup that is revolutionizing access to #grants and soft loans for Italian companies. 👥 With a team of 30 people and a #network of over 200 consultants serving 100 companies, Muffin aims to become the benchmark in an Italian market expected to generate more than €100 billion by the end of the period 2021 - 2027. Muffin was born with the ambitious #goal of revolutionizing a strategic sector for the whole of Europe, which has traditionally been complex, inaccessible, and therefore, at times, unattractive. Feat. Ventures is proud to have created Muffin and to see how the #market is now confirming our efforts and showing confidence in its value with this round. We believe in the power of #platforms as a #businessmodel: soft funding is a “natural platform” for interaction - between companies, consultants, banks, institutions and professionals - so its perfect to enhance our #venturingtogether vision. Muffin can make this sector further more accessible and attractive, creating a dynamic #ecosystem that fosters interactions between all actors involved, generating a network effect that exponentially amplifies the #value for Italian and soon-to-be European companies. This is just the beginning 🚀 📸 Fabio Sferruzzi, Lorenzo Maternini, Michele Bonelli, Matteo Gallo #startup #venturebuilding #round #finance

Thank you FinTech Australia for featuring The Connecter! We are committed to building a technology that provides consumers with a digital wallet that will be globally accessible where users will have 100% ownership over their digital assets. It has a Web 2 style interface for ease of use, broad real-world transactions for the mass market, consumer point of sale access, and an AI robot advisor. Decentralized Finance offers us the opportunity to rewrite the economic power grid to solve one of the world's most difficult problem - underbanked. Together we can enable a more equitable and inclusive economy! www.theconnecter.io #blockchain #innovation #tech #defi #decentralizedfinance #crypto #cryptocurrency #bitcoin #ethereum #nft #nftart #web3

🚀 Tilta is going to be on a networking spree in the coming months. Come and be a part of it by meeting 🤝 , having coffee 🍮 with us and more! 👝 Ingmar Stupp, Christoph Nicola, Jan Enno Einfeld, Julian Förster and the whole team at Tilta is excited to meet you all at Accounting Summit, The Marketplace Conference, Bits & Pretzels, Seamless Europe in September & October ☺️ 🙆♂️ Are you joining these events? Let us know in the comment section. 🏢 See you all there! #payments #bnpl #finance #berlin #munich #startups #b2bpayments #workingcapital #financialinfrastructure

Interesting news, in Europe, this week: Paris-based VC Serena has just closed a new €100m early-stage fund aimed at investing in companies developing the ‘invisible’ tools needed to create apps.  The firm’s second fund is backed by LPs like Bpifrance and the European Investment Fund, and plans to dole out €500k-3.5m in more than 20 pre-seed and seed startups. On the opposite trend is London-based VC firm Stride VC that stopped fundraising and laid off staff. In Germany, BaFin financial regulator hits Delivery Hero with €630k fine. BaFin announced Wednesday that it fined the food delivery company in late October for failing to disclose inside information. Hot deals: 👉🏻 London-based Oodles, a platform that lets small businesses rent various tech products like iPhones and laptops, raised $12m. 👉🏻 Copenhagen-based Performativ, which provides wealth management technology to financial services firms, raised a €5.5m seed from FinTech Collective. 👉🏻 London-based Eilla AI, which is developing a generative AI platform for financial analysis for private markets professionals, raised a $1.5m seed from investors including Eleven Ventures and Fuel Ventures. #investments #tech #fintech #regulations #regulators #compliance #ai

Two Irish-led firms included in list of ‘most exciting European #fintechs’ Business Insider’s ranking - compiled by venture capitalists - features 32 firms in total. Among the companies included is Kota, the employee benefits company formerly known as Yonder. Founded in Dublin in 2022 by chief executive Luke Mackey, chief technology officer Patrick O'Boyle and director of engineering Deepak Baliga, Kota is focused on simplifying health and pension benefits businesses and their employees. The company raised €5 million in an oversubscribed seed funding round late last year led by EQT Ventures, a Swedish venture capital firm. Other backers include Northzone and Frontline Ventures. Atoa, a London-based start-up co-founded by Irishman Cian O'Dowd, also makes the fintech list. The company is focused on helping retailers cut down on card processing fees with an alternative that allows consumers to pay in-store using an instant bank transfer. It claims that by allowing consumers and businesses to bypass what it calls “obsolete payment stacks” through open banking and account-to-account payments, saves merchants up to 70 per cent on transactions. Atoa last year raised $6.5 million (€6 million) in a seed round led by Valar Ventures LLC, a US fund backed by tech billionaire Peter Thiel. Gret work Charlie Taylor coverng FFintech on a regular basis. https://lnkd.in/ejqMjviZ

The VentureCap Insights Newsletter (18 Aug 2023) - covering latest updates on fundraising, valuations, and revenue for startups raising or filing financials. Click below to read the full newsletter. You can also subscribe to the daily VentureCap Insights newsletter: https://lnkd.in/g_PfACy If you are a platform that would like to connect with a Startup or a VC, drop us an email at support@venturecapinsights.com and we can help you get that coverage, with our newsletters going out to nearly 30,000 readers - consisting of mostly startups and investors. #VentureCapInsights #Startups #Investors #VentureCapital #PrivateEquity #FinancialData

This week, we delve into Q2 2023 online startup investing data. Despite the SEC requiring deals to submit new financials to continue raising after April 30th, a whopping 412 deals closed in Q2 2023. Interestingly, despite the high number of deals closing, investors only invested $22 million less than in Q1 2023. Dalmore Group and Wefunder remain the leading platforms for Reg A and Reg CF deals. For once, the Food & Beverage industry isn’t leading the debt raises. Read the full newsletter this week here: https://buff.ly/4700i0y

#fundingalert 💼Company: Bavest 💰Funding: €1.1 Million ⚡Round: Pre-Seed 👥Investors: Renowned investors Bavest, a Germany startup is an innovative fintech from Germany, founded by Pedram Babaei, William Todt and Ramtin Babaei. Bavest’s infrastructure gives fintechs, banks and asset managers access to real-time financial data and alternative data. The latest round of funding underscores investors’ confidence in the company’s vision and potential to revolutionize the way companies manage their finances and analyze data. It is an innovative fintech from Germany, founded by Pedram Babaei, William Todt and Ramtin Babaei in 2019. Initially started as a B2C fintech, the successful B2B pivot took place at the end of 2022. Philipp Baecker Dieter Staib Stefan Steins Read more - https://lnkd.in/gHn2Z3Sw To share your startup story write us on - contact@startuprise.co.uk #Bavest #innovativestartup #fintechstartup #finanacial #germanystartup #funding #startupnews #fundingnews #news #startuprise

EBIT.DA /Ee-bit-duh/ 🔊 (Acronym of an accounting word) 1. A financial acronym that stands for Earnings Before I Tinkered with the Data Aggressively 😂 2. Something that old business celebrate and newer ones like to ignore 🤫 3. The term that most of the startup ecosystem uses but can't explain beyond the full form Here is a refresher on EBITDA: -------------------------- ♻️ Repost if you found value 👍 Like if you learnt something #startup #finance #ebitda

Sibill closes a €6.2 million round!🚀 Bureaucracy and taxation are two of the most pressing issues in Italy. #Sibill, an Italian startup, understands this and focuses on simplifying accounting and financial management for SMEs. Its €6.2 million round was led by Keen Venture Partners, Exor Ventures, Founders AS, Global Founders Capital,Not Boring, Banana Capital, Plug and Play Tech Center, and several Italian and foreign business angels.✍️ Founded in Agropoli in 2021 by Mattia Montepara, Lorenzo Liguori and Dario Prencipe, Sibill specialises in #SaaS solutions for automating the accounting and financial management of SMEs. Its services are particularly useful for electronic invoicing, schedule management, cash planning and control. 💡 The funds raised will be used to further develop the platform and expand the sales network, aiming to become the reference solution in Italy for the automation of #accounting and management processes for #SMEs.📈 Follow Arcadia to learn more about #Italianstartups!