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Eu-Startups

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Amsterdam-based Tebi raises €30 million to serve Europe’s hospitality sector one tap at a time

  • Amsterdam-based startup Tebi raises €30 million in Series B funding led by CapitalG, bringing total funding to €56 million for European expansion.
  • Tebi offers an all-in-one operating system for small hospitality businesses, integrating various functions like point-of-sale, payments, reservations, inventory, and bookkeeping.
  • New hires COO Aki Tas and CCO Patrick Studener join Tebi to help in product refinement and team growth, planning to double the team to 70 members.
  • Tebi aims to streamline operations for European hospitality SMEs, addressing issues of legacy infrastructure, fragmented tools, and low software adoption rates by offering integrated software solutions.

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Inc42

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Infibeam To Use Proceeds Of INR 700 Cr Rights Issue To Bolster AI Play

  • Infibeam Avenues plans to raise INR 700 Cr through a rights issue to invest in subsidiaries, AI arm, and pursue future acquisitions.
  • The rights issue, when completed, will be one of the largest fundraises for Infibeam. It aims to strengthen its capital base for growth.
  • Proceeds will be used to advance technology development, expand AI capabilities, invest in digital payments, repay loans, and make acquisitions.
  • Infibeam aims to bolster its AI arm, expand digital payments, and pursue acquisitions with the proceeds, focusing on future growth and development.

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Startup Pedia

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Rapido enters food aggregation industry with a zero-commission food delivery model 'Ownly'

  • Rapido is venturing into the food delivery industry with 'Ownly', a platform that will operate on a zero-commission model.
  • Ownly will charge restaurants a flat subscription fee and has partnered with the National Restaurant Association of India (NRAI).
  • Customers using Rapido Ownly can order from listed restaurants with uniform pricing across online and offline channels.
  • Restaurants will cover delivery fees for orders within a 4 km radius, and delivery costs for orders vary based on order value.

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ISN

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Univest completes first ESOP buyback worth Rs 1.61 crore

  • Univest completes its first Employee Stock Ownership Plan (ESOP) buyback worth Rs 1.61 crore, allowing early employees to realize returns based on their equity holdings.
  • The buyback initiative aimed to reward employees who joined during Univest's early stages, focusing on roles across product, technology, marketing, and customer support.
  • The buyback aligns long-term incentives with Univest's growth trajectory, following the introduction of an ESOP policy in late 2024 and a strategy to retain talent in the fintech sector.
  • Univest plans to explore future buyback opportunities aligned with upcoming fundraising events, operating from Delhi NCR with a technology-enabled trading and investment platform for retail investors.

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Startup Story

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Better Nutrition Projects ₹100 Cr Revenue in FY26–27, Fuelled by 5X Year-on-Year Growth and Rapid Market Adoption

  • Better Nutrition projects to achieve ₹100 crore in revenue by FY 2026-27 with 5X year-on-year growth and increased market adoption.
  • The growth is attributed to consumer trust, traction on quick commerce platforms, and recognition post appearance on Shark Tank India Season 4.
  • Founded by Prateek Rastogi and Aishwarya Bhatnagar, Better Nutrition offers biofortified food products aiming to address nutritional deficiencies in India.
  • The company has witnessed significant growth, expanded product categories, and achieved monthly revenue jumps following a capital-efficient operating model.

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Pymnts

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Adyen Founder’s Hospitality Startup, Tebi, Raises $34 Million

  • Tebi, a FinTech launched by Adyen co-founder Arnout Schuijff, raised 30 million euros (about $34 million) in a Series B funding round led by CapitalG, Google’s growth fund.
  • The funding will help Tebi develop its hospitality management platform, offering solutions to unify point of sale, payments, kitchen displays, reservations, inventory, and bookkeeping with an accounting architecture called 'subledgers'.
  • Tebi aims to streamline workflows in the hospitality industry using artificial intelligence to enhance efficiency and customer experience.
  • The funding comes at a time when POS technology is evolving to enable payments anywhere on the premises, offering embedded financing and various payment options to boost sales conversions and enhance the shopping experience.

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Hitconsultant

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Emory Healthcare Invests $10M in Guidehealth to Advance AI-Driven Care

  • Guidehealth, an AI-driven healthcare technology and services company, received a $10M strategic investment from Emory Healthcare to advance AI-driven care.
  • The funding aims to accelerate Guidehealth's growth, transform patient care, prevent diseases, and enhance access to high-quality, value-based healthcare.
  • Emory Healthcare and Guidehealth collaborate on proactive, data-driven healthcare to improve health outcomes for over 400,000 individuals by managing chronic conditions through AI-powered platform and Healthguides.
  • The success of the collaboration includes improving Medicare quality scores and closing care gaps; Guidehealth plans to expand its platform for services such as AI-powered virtual care navigation and personalized care based on individual health needs.

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ISN

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Wow! Momo raises Rs 85 crore in debt from Stride Ventures

  • Wow! Momo Foods raises Rs 85 crore in debt funding from Stride Ventures for expansion.
  • The funding will support Wow! Momo's growth in its core business areas and new segments like FMCG and HORECA.
  • The company aims to expand to over 100 cities and scale to 1,500 stores in the next three years.
  • Wow! Momo focuses on unit-level profitability, brand recall, and customer loyalty amidst challenges in the food delivery market.

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Medium

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Beyond the Hype: Scaling Product-Market Fit in the Real World

  • Many startups face challenges scaling after finding Product-Market Fit (PMF) due to various pitfalls including premature scaling, ignoring unit economics, loss of focus, team and culture challenges, and underestimating infrastructure.
  • Scaling PMF requires methodical execution, continuous learning, and pragmatism. It involves re-evaluating PMF as the market evolves, analyzing retention, NPS, and CSAT, and addressing churn.
  • Sustainable growth comes from well-designed growth loops focusing on onboarding optimization, engagement triggers, and referral mechanisms. Virality and organic growth are key for long-term success.
  • To scale alongside the product, organizations need to focus on hiring smart, defining processes, investing in infrastructure, and leveraging customer success as a growth engine. Strategic expansion into adjacent markets should be approached with testing and adaptation.

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Inc42

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Exclusive: WLDD Acquires Creative Studio Imagined

  • Digital marketing startup WLDD has acquired Bengaluru-based creative marketing startup Imagined Studio in an all-cash deal.
  • Imagined employees will join WLDD, with cofounder Ritvik Varghese working in an advisory role.
  • WLDD cofounder Arihant Jain mentioned that the acquisition brings AI, technology, and design capabilities to WLDD.
  • Imagined, founded in 2024, offers services like 3d design, motion design, and video production to enterprises.

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Eu-Startups

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London-based Maze launches with €21.8 million for its AI agents that prevent cloud security breaches

  • London-based startup Maze secures €21.8 million in Series A funding for its AI agents that prevent cloud security breaches.
  • The funding round was led by Theory Ventures, along with participation from Cherry Ventures and Tapestry VC.
  • Maze's AI agents work to investigate, triage, and resolve vulnerabilities, aiming to give security teams the tools they need to combat evolving cybersecurity threats.
  • The company, founded in 2024, has already deployed its AI agents with organizations like Fortune 200 companies and high-growth technology firms.

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Futurefundraisingnow

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No excuse for deception in email fundraising

  • Many political fundraising emails are being received daily from various Democratic-leaning organizations, leading to inbox overload.
  • Despite attempts to stand out, some organizations resort to deceptive tactics in their emails to attract attention.
  • The practice of using trickery in fundraising emails is deemed unethical and should not be followed, even if it may yield results.
  • It is emphasized that while mystery and surprise can be effective ways to engage recipients, deception should never be employed for fundraising purposes.

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Pymnts

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FinanceKey Raises $3.4 Million to Expand Automated Enterprise Treasury System

  • Finnish FinTech company FinanceKey raised $3.4 million in a seed funding round to expand its AI-powered enterprise treasury system.
  • The funding will be used for product development, team growth, and market expansion across Europe.
  • FinanceKey's platform automates payment processes, connects banking and ERP systems, and provides real-time cash visibility for finance professionals.
  • The platform has automated over 1.5 billion euros in payments to date and is seeing traction with multinational enterprises.

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TechCrunch

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Surprise! We’re extending the Startup Battlefield 200 deadline — 7 days left to apply

  • The deadline to apply for Startup Battlefield 200 at TechCrunch Disrupt 2025 has been extended by 7 days due to high demand.
  • Participants now have the opportunity to join a competitive startup program offering various benefits like free exhibit space, all-access passes, exposure to investors, and the chance to pitch on the Disrupt stage.
  • The extension gives applicants a second chance to compete for significant opportunities such as equity-free prize money and access to exclusive events.
  • Interested applicants must apply by June 16 at 11:59 p.m. PT to participate in the Startup Battlefield 200 and seize the opportunity to showcase their innovations.

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Nonprofithub

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4 Ways to Decide On Your Annual Nonprofit Fundraising Events

  • When planning annual fundraisers for non-profit organizations, starting with fundraising goals and budget allocation is crucial.
  • Analyzing past event data helps in determining the most successful types of fundraisers and aligning them with financial objectives.
  • Considering supporter preferences and participation levels aids in selecting events that resonate well with donors and attract higher attendance.
  • Leveraging your non-profit's strengths, like volunteer recruitment or corporate partnerships, can guide the selection of suitable fundraising events.
  • Taking into account the timing of fundraisers in relation to other campaigns can optimize fundraising efforts and donor engagement.
  • Factors like event cost, return on investment, attendee feedback, and donor demographics should influence event selection decisions.
  • Events such as auctions, golf tournaments, walks/runs, and virtual fundraisers offer diverse options based on organizational strengths and community demographics.
  • Utilizing data from CRM systems and feedback surveys can aid in identifying the most popular and profitable fundraising events for future planning.
  • Upon selecting events, strategic planning and adaptability are essential to ensure successful execution and accommodate any unforeseen challenges.
  • Continuous evaluation and adjustment of fundraising strategies are recommended for sustained growth and supporter engagement in non-profit fundraising efforts.

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