DTC's Daily Digest gives you the latest news on the fastest growing brands in the world. In today's edition: MADE launches MADE Labs; Kodos Credit raises more than £ 2 million; and Airbnb invests again.
MADE launches MADE Labs
MADE.COM has announced about Launch of MADE Labs, A technology innovation lab working with emerging technologies and innovative startups.
The new Labs team, located at Shoreditch's MADE's HQ, will work with start-ups to create an attractive shopping experience using the latest technology, focusing on helping customers find the right products and then visualize their own space. Unlike incubators run by many other companies, the Labs team will work closely with the rest of the business to introduce these innovations into their system as soon as possible.
The launch of MADE Labs follows the successful collaboration with a number of other technology companies so far, such as Hullabalook, who designed MADE's Sofasizer, a very popular online tool that helps customers find the ideal size of the couch for their space and win the customer's year-round awards Retail Week Technology in 2017.
"The entrepreneurial spirit of MADE is fundamental to our business strategy," said Jonathan Howell, chief technology officer at MADE. "We want to provide technology that is always one step ahead of our customers' expectations."
Kodus raises more than 2 million pounds
The glory of credit, Credit Bureau Competitor, Raised £ 2.2 million In the latest round of financing. The credit code helps all people access credit at reasonable prices.
The financing process was led by Ascension Ventures, through the Fair by Design Social Fund, with additional investments from existing investors NFT Ventures and Entrepreneur First Fund Fund.
The investment will be used to drive further growth within the UK and support the expansion of Europe, along with further investment in the Credit Kudos platform. In the UK alone, it is estimated that one out of every four families has savings of less than £ 100. However, due to insufficient data, many people in dire need of credit are at risk of paying high-cost credit options and face the most difficult time to access affordable loans.
The Credit Kudos solution is designed to enable lenders to make better decisions while helping previously overlooked individuals access credit. Before that, Credit Kudos collected £ 600,000, which means that this tour will lead to £ 2.8 million in fundraising.
Airbnb investment again
Airbnb leads a Financing round $ 160 million (£ 123 million) To on lyric, Start a small luxury apartment. This represents the third investment in six weeks as it consolidates bids before listing the stock market in the end.
The San Francisco-based Lyric transforms premium apartments into studios with hotel-quality clean-up services and 24-hour online support for business travelers looking for short-term or 200-day stays. With just 380 wings displayed all over the United States, Lyric may seem a significant investment for a large force such as Airbnb. But its interest is likely to derive more from Lyric's mission: to change the negative reputation of the short-term leasing industry, especially in urban environments.
Via Airbnb Wants to give up his image as a troublesome emerging company that is not played by rules and instead aims to become one shop in line with the regulations for holidaymakers to book flights, accommodation and tourist experiences.
Airbnb was busy last year expanding its scope. In March, the company spent US $ 463 million (£ 355 million) for the HotelTonight Earlier this month, $ 100 million (£ 77 million) was invested to $ 200 million (£ 154 million) Indian Hotels Oyo.