Tag: funding and investment

Flipdish receives €40m to grow its global footprint
Start-Ups

Flipdish receives €40m to grow its global footprint

The Irish food-ordering start-up received investment from Tiger Global, which has previously backed Facebook, Airbnb and Stripe.In December last year, Irish start-up Flipdish announced 300 new roles in response to the uptick in food ordering during the pandemic.Now, the food-ordering platform has received €40m in funding from investment firm Tiger Global Management.Brothers Conor and James McCarthy founded the company in 2015 to help independent eateries take control of their digital business. A major driver behind Flipdish’s growth is restaurant owners bringing their online ordering capability in-house, rather than relying on delivery players such as Just Eat and Deliveroo.Flipdish now operates in 15 countries including Ireland, France, Germany, Spain, UK and US. It provides its t...
Grapheal raises €1.9m to develop graphene-based biosensors
Start-Ups

Grapheal raises €1.9m to develop graphene-based biosensors

The medtech start-up will use the funds to support the development of a digital Covid-19 test and wound-monitoring biosensors.As the pandemic continues, many start-ups in the health space have seen an influx of investment. According to Pitchbook’s European Venture Report for 2020, investment in biotech and pharma start-ups jumped by more than 40pc year-on-year.Now, a French medtech company specialising in graphene-based wearable sensors has secured €1.9m in equity and non-dilutive sources.Founded in 2019, Grapheal develops wearable and disposable sensors that enable continuous monitoring and diagnosis. The company is a spin-out from the Neel Institute at the French National Centre for Scientific Research.The new funding includes seed financing from Novalis Biotech’s acceleration fu...
Healthcare marketplace Vamstar secures $1.7m in seed funding
Start-Ups

Healthcare marketplace Vamstar secures $1.7m in seed funding

UK start-up Vamstar has created an AI-powered B2B healthcare marketplace, connecting suppliers with buyers in an era of unprecedented demand.The pandemic has put unprecedented stress on healthcare supply chains. Vamstar, a London-based start-up, has developed an AI-powered B2B healthcare marketplace to help ease the strain. The company announced today (4 February) that it has secured $1.7m in a seed funding round led by European VC firm Btov, with contributions from Antler and Begin Capital.Vamstar said it will use the funding to build supplier and buyer-related use cases to accelerate its growth. It will also expand its teams in the UK, Germany, India and the US, with plans to hire across data analysis, product development and sales and marketing by the end of the year.The SaaS heal...