Page 25 - Cherry Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Large-scale CO2 removal startup Carbo Culture raises $6.2M Seed led by True Ventures Carbo Culture — a startup that has scaled an industrial process to create large-scale CO2 removal using woody waste from agriculture and forests — has raised $6.2 million in seed a financing round led by Silicon Valley VC True Ventures. The round was co-led by European early-stage venture firm Cherry Ventures. Swiss climate investor Übermorgen Ventures also participated. The new funding will be used to grow the team, product development, and build one of Europe’s largest carbon removal facilities. ...

Cosi Group, a Berlin-based startup offering an alternative to boutique hotels and managed short-stay apartments, is disclosing €20 million in new investment. Backing the round is Vienna-based Soravia, a leading real estate group in German-speaking countries. Existing investors Cherry Ventures, e.ventures, Kreos Capital and Bremke followed on, along with a number of individual investors. They […]

Publix tallied big sales and earnings gains Walmart sweetens pay for most U.S. hourly workers on the coasts Many Walmart Inc hourly workers will collect bigger paychecks on the U.S. east and west coast markets where the cost of living is higher and competition for labor among retailers is more intense, the company told Reuters. The world’s biggest retailer also said it has seen a slight increase in job applications for digital and stocking roles, mostly internally. “(This) tells us that we’re becoming more competitive for this type of work”, said Drew Holler, Walmart’s head of peopl...

Mercadona has shared profits with its entire workforce Online shopping, private brands boost Israel's Shufersal profit Shufersal, Israel’s largest supermarket chain, reported a 2.6% rise in quarterly profit, boosted by a jump in revenue from higher online sales mainly due to the coronavirus pandemic that kept many shoppers home. Shufersal said it earned 120mln shekels ($36.5mln) in the fourth quarter, compared with 117mln a year earlier. It noted net profit grew 87% year-over-year excluding one-time items. Australia: The Friendly Grocer beats rivals in supermarket satisfaction poll The Frie...

Flink, the Berlin-based grocery delivery startup that operates its own ‘dark stores’, raises $52M The on-demand grocery delivery industry in Europe (and beyond) continues to heat up amidst the pandemic, including a plethora of startups taking a vertical approach by operating their own delivery only — or “dark” — stores. The latest to show its hand is Berlin-based Flink, which today is announcing that it has raised a hefty $52 million in seed financing. The round is led by Target Global and existing investors Northzone, Cherry Ventures and Silicon Valley-based debt provider TripleP...