Category: Startups

InnovationStartups

Ireland Launches Circular Economy Startup Competition to Drive Sustainable Innovation

A new startup competition in Ireland aims to accelerate the transition to a circular economy. The awards program offers €10,000 in prizes and expert coaching for ventures demonstrating innovative circular solutions.

New Competition Targets Circular Economy Innovation

A significant new startup competition has been launched to advance Ireland’s transition to a circular economy, according to reports from Ireland‘s leading circular innovation network. The All-Island Circular Venture Awards, spearheaded by Circuléire with funding from the Irish Government, aims to identify and support late-stage startups with pioneering circular economy products and services.

by Darren Holt
BusinessStartups

Global Payroll Provider Deel Secures $300 Million, Valuation Soars to $17.3 Billion Amid Expansion Drive

Payroll and HR startup Deel has raised $300 million in a new funding round, according to reports, boosting its valuation to $17.3 billion. The company reportedly plans to use the capital for global infrastructure expansion and acquisitions, aiming to offer native payroll in over 100 countries by 2029.

Funding Round and Valuation Milestone

Payroll startup Deel has reportedly raised $300 million in a Series E funding round, according to Reuters, valuing the company at $17.3 billion. Sources indicate the round was led by new investor Ribbit Capital, with participation from existing backers including Andreessen Horowitz and Coatue Management. This represents a significant increase from the company’s previous valuation of $12.6 billion earlier this year.

by Natalie Brooks