The European Tech Weekly Notable Startup Funding Report takes on a trip across various ecosystems in Europe, highlighting some of the notable funding activity in the various markets that we track. The notable European Tech startup fundings for the week ending 11/9/21 featuring funding details for Factorial, EstateGuru, and seven other European fundings that you absolutely need to know about.
Everything you need to need to know about the largest London startup funding rounds of August 2021; broken down by industry, stage, investors, and more…
Normally, when a startup matures it brings to consider inorganic growth paths of growth. Startups that acquire a number of businesses may soon be operating a holding company across several lines of business. Palta shakes this model up from the onset by focusing on building several brands concurrently focused on the health and wellbeing space. Approaching it this way has several advantages: products within the portfolio are able to benefit from shared user bases, knowledge transfer from what’s working and not working, funding, shared infrastructure, and shared resources. The company currently operates Flo.Health, Zing Fitness Coach, Voir, Prisma Labs, and Simple Fasting; boasting more than 2.4M paid users with the plans to launch and acquire new applications covering more segments. This fluid model allows Palta to operate at the intersection of private equity, venture studio, incubator, and app maker. London TechWatch caught up with CEO and Cofounder Yuri Gurski to learn more about building a vertically integrated health and wellness cofounding company, the startup’s future plans, recent round of funding from investors that include VNV Global and Target Global.
The latest venture capital, seed, pre-seed, and angel deals for London startups for 3/8/2021 featuring funding details for Palta, Venari Security, and much more.