Tag Archives: startup

Rakuten invested 25m EUR in Glovo?

There are some rumours that the Asian ecommerce giant Rakuten with other investors have invested 25m euros in Barcelona-based delivery app Glovo.  Both companies haven’t officially confirmed the investment. Previous big round of 5m euros Glovo raised in August 2016.On-demand delivery app GlovoGlovo is on-demand delivery app which enables that users get items they ordered in less than 1h via self-employed partners called Glovers. Company has been founded in 2015. in Barcelona and is often featured on the list of most promising Spanish apps.  Glovo is currently present in Barcelona, Madrid, Valencia, Zaragoza, Sevilla, Malaga, Milan, Rome and Paris but they will certainly add more cities in the nearest future. In Barcelona and Madrid they operate 24h. 

Rakuten FC Barcelona jersey sponsorship

Rakuten is one of the world’s biggest Internet companies, especially dominant in Asian e-commerce sector. In other parts of the world, for example in Europe, many non-tech people have first time heard about Rakuten when they became jersey sponsor of FC Barcelona. Some other notable investments and acquisitions of Rakuten include Viber, Priceminister etc.

Google will open a start-up campus in Warsaw

Warsaw Google campus will be designed for developers of technology start-ups. It is scheduled at the end of this year. The Campus is a perfect place for work and meetings for entrepreneurs. Headquarters will be located in the old factory of vodka. The history of the factory is very interesting, a lot of red brick buildings survived the World War II and were built in the nineteenth century. The future Campus is as equally interesting. Construction crews will work on renovation of the complex, including residential buildings, shops and offices.

Launching the Google Campus in Warsaw is one of the Google activities as part of the program to support innovation and entrepreneurship in Poland and Central and Eastern Europe. Last year, Google started in Krakow the program “Google for Entrepreneurs” and also teamed up with the University of Warsaw, giving the university one million US dollars grant to launch the Digital Economy Lab (DELab) – an interdisciplinary centre, which is intended to support conductions of new technologies in society and the economy. Google hopes that the Warsaw Campus will help in the development of technology businesses, strengthen the ecosystem of start-ups and encourage innovation development in Poland.

Google has been present in Poland since 2006. It currently has three offices, employing nearly 500 people. The Warsaw office employs staff primarily engaged in sales of services, marketing and communications, as well as engineering research and development centre. The office in Wroclaw is one of the largest offices for customer service support in Europe, the Middle East and Africa. The Krakow office employs nearly 200 engineers, who are complicit in the global technology projects.

Similar campuses Google has already opened in London, Tel Aviv and Seoul. Till the end of the current year, there will also be launched start-up campuses in Madrid and Sao Paulo.

Primus Capital funds startup from Hungary – Maven7

As reported by SiliconGulash, Primus Capital investments from Hungary funded Maven7 for 575,000 Euros.

Maven7 is a B2B Hungary based startup, offering SaaS tools for analyzing organizations network in a unique way. Their product OrgMapper enables consultants to easily analyze networks within the organization, determine key points, decision makers and how they affect their environment. This analysis can point out strong and weak points in the organizational structure, allowing for implementation of correction measures in the fastest way possible.

This can lead to better goal achievement, optimization of processes, human resources and many other key company factors. Clients already include Coca-Cola, Nestle and many more international brands.

Primus Capital is backed by the EU JEREMIE program.

What is coworking and how is it affecting SEEMEA region

Coworking is a concept of working in an open office, developed in 2005 by Brad Neuberg. With the modern, faced paced, way of doing business more and more large companies implemented the principle of distance working for their employees. This allowed workers to work from homes, and while this has its advantages, it also has its disadvantages. Working from home comes with a lot of distractions, and a non-work focused approach, so a lot of these people started working from coffee shops or rented offices. The same applies to freelancers, small businesses, entrepreneurs and everyone working from their own home.

Coworking concept allows you to work in a shared office space, with all the resources of the office with much less expense. You get the work environment, inspiring atmosphere, people around you with who you can network and socialize, and still get the work done.

75% of coworkers claimed working in a coworking space increased their productivity, 80% claimed they had an increase in business, while 92% claimed to have expanded their social circle, as researched by Deskmag, coworking magazine.

Another amazing fact is that coworking is growing exponentially in the past few years around the world, with 160 coworking spaces in 2008, 600 in 2010, 1130 in 2011 and 2150 spaces in 2012 worldwide.

As coworking spaces attract freelancers, startups, small business and other similar profiles, it is only naturally that we would see these essential focal points popping up throughout countries where freelancing and startups are becoming more developed. SEEMEA region for that matter has been a fertile ground for spreading the coworking concept and culture.

Still regarded as pioneers, several coworking spaces are opening throughout this region, paving the road for all those who will come after them and becoming much more than just offices where people work. Coworking spaces in SEEMEA are becoming the places to be if you are working online, developing your business or expanding your business network.

Slovenia, Croatia, Serbia, Bulgaria, Greece, Jordan and much more countries have coworking initiatives or opened spaces. Check out this Coworkingmap project and visit a coworking place near you.

Israel based startup Keepgo receives $1.3 mil. funding from Russia

With the mobile data roaming market reaching over $40 billion annually, as stated by Jupiter Research, anything that can provide the users with a cost effective service and still get results done is hot commodity.

Keepgo, an Israeli based startup, is offering its services as a mobile data operator on a global level at local prices. Keepgo provides services to different types of users, from personal to corporate, providing them with a SIM card which they can use for mobile data usage no matter where they are traveling.

The system is an aggregator of mobile carriers, buying data packages from networks around the world. With a developed both mobile and network applications it integrates with the carrier network of a given country seamlessly.

Keepgo also developed ground breaking technology and made it possible for any gadget to connect across over 400 mobile carriers.

Founded by David Lipovkov and Guy Sbarsky, in 2009, it already made a over $3 million in revenues last year.  Earlier this month Keepgo received funding of $1.3 million from IMI.vc and AltaIR, two Russian funds.