Marketplace platform Mirakl raises $555 million at $3.5 billion valuation

French startup Mirakl has closed a new Series E funding round of $555 million. Following this round, the company is now valued at $3.5 billion. Mirakl helps you launch a marketplace on your online store for your end customers or for your B2B clients. It’s a software-as-a-service marketplace, meaning that Mirakl manages the marketplace for […]

Raspberry Pi gets $45M to meet demand for low cost PCs and IoT

Turns out COVID-19 lockdowns have been good for the indoor hobby of hardware hacking: The UK-based foundational behind the low price microprocessor, Raspberry Pi, announced close of a $45 million funding round yesterday. The cash injection into the trading arm of the (non-profit) Raspberry Pi Foundational values it at $500M (pre-money), founder Eben Upton confirmed. […]

Post-pandemic shifts means Patch will take co-working to UK small towns and suburbs

It would be fair to say the pandemic has had enormous effects on the world of work, but it has come at a time when other factors were already ongoing. The decline of main-street shopping due to e-commerce has only been hastened. The shift to remote working has sky-rocketed. And people no longer want to […]

UK’s MarketFinance scores $383M to fuel its online loans platform for SMBs

Small and medium businesses regularly face cashflow problems. But if that’s an already-inconvenient predicament, it has been exacerbated to the breaking point for too many during the Covid-19 pandemic. Now, a UK startup called MarketFinance — which has built a loans platform to help SMBs stay afloat through those leaner times — is announcing a […]