news - page 194

Polish InPost invests £49.3M in Menzies, a British logistics company

The InPost Group, a Polish last-mile delivery company, has invested £49.3 million in Menzies, a UK-based logistics company. Following the deal, InPost acquired 30% stake and voting rights in Menzies Distribution Group Limited, My Company Polska reports. “This investment is a

Ukrainian-founded edtech Preply receives $70M to expand into AI 

The US-based language learning platform, Preply has received $70 million from Horizon Capital, an Ukraine-focused venture fund, Reach Capital, and Hoxton Ventures, AIN.Capital was informed.

SpeedUp participates in a €10.3M Series A round for German CYCLE

CYCLE plans to use the investment for European expansion, including the UK, to attract new customers from sectors such as mail and parcel logistics.

Czech localization startup Phrase secures €12M in venture debt

Prague-based cloud-based localization software provider Phrase has secured €12 million in venture debt financing from CIBC Innovation Banking. The funds will allow the company to further develop the next generation of AI-driven language technology, EU-Startups reports. “We are delighted to