Even before they began to graduate from college, millennials drove changes at work, from management and recruiting practices to the design of office interiors. But companies are still adapting and figuring out what matters most to this large demographic and employee base. Now, a tech startup called Zugata has raised $7 million in Series A venture funding to replace the crusty old… Read More
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Nutmeg, the U.K. digital wealth manager (and an early entrant into the space), has picked up £30 million in further funding, bringing the total raised to just shy of £60 million over the last 5 years. Leading the round are Hong Kong-based independent financial advisory firm Convoy, which is investing £24 million. Nutmeg’s existing backers — including Schroders, Balderton… Read More
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Pan-European medical booking platform Doctena just got a little more pan-European. Already operational in Belgium, Netherlands, Luxembourg and Switzerland, the company has acquired Germany’s Doxter — which it claims is the number 1 player in Germany. Read More
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Samsung is increasing its focus on the connected car after the Korean firm announced plans to buy auto product maker Harman in an all cash deal worth $8 billion. Read More
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Naver, the company behind U.S.-Japan-listed chat app Line, has teamed up with SoftBank to launch a global investment fund worth $43 million to help two of its promising services push on. Read More
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Yesterday, Nasty Gal, the retailer founded 10 years ago when Sophia Amoruso began by selling vintage fashion items on eBay, filed for Chapter 11 bankruptcy protection in the Central District of California. The move is designed to enable the L.A.-based company to “address our immediate liquidity issues, restructure our balance sheet and correct structural issues including reducing our… Read More
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Hired, the platform that lets applicants vie for top tech jobs, has announced a $30 million extension to its Series C funding, bringing the total of that particular round to $70 million. The funding came primarily from Glenmede Trust and Ontario Pension Board, with participation from existing investors. On Hired, folks seeking a job can simply answer a few questions and receive back… Read More
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Accel-backed Job Today has pulled in a $20 million Series B round, less than a year after it raised its $10M Series A. The new round is led by Flint Capital, with participation from existing investors investors Accel Partners, Mangrove Capital, and Felix Capital. Read More
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Toast, a startup that helps make cross-border payments easier and cheaper for migrant workers living overseas, is the latest to help itself to money from investors after it raised $1.5 million. Read More
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Belgium startup Teamleader, which began life while co-founders Jeroen De Wit, Willem Delbare and Mathias De Loore were studying together at university, has raised €10 million in Series A funding. The round is led by previous backer Fortino Capital. Teamleader’s cloud platform aims to help SMEs go digital, offering an all-in-one solution for things like CRM, invoicing, project… Read More
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