Add Row
Add Element
UPDATE
Add Element
  • Home
  • Categories
    • Entrepreneurs
    • Growth Stories
    • Expert Insights
    • Innovators
    • Franchise and Expansion
    • Tools and Services
    • Commercial Property
    • Trends
June 10.2025
3 Minutes Read

Tebi’s €30M Fundraising: A Disruptive Force for Hospitality Fintech

Tebi team energetically posing outdoors, funding for hospitality tech.

A New Era in Fintech: Tebi's Game-Changing Platform

Since stepping down from his CTO role at Adyen in 2021, Arnout Schuijff has channeled his entrepreneurial spirit into a new venture, Tebi, a fintech company designed to revolutionize the restaurant and hospitality industry.

With a fresh €30 million investment from Alphabet's CapitalG, Tebi is primed to expand its reach. This startup aims to streamline operations for hospitality businesses with an all-in-one subscription-based solution covering payments, reservations, and inventory management. The importance of efficiency in these sectors cannot be understated, especially as post-pandemic recovery demands a reevaluation of operational norms.

How Tebi Stands Out in a Crowded Market

While many competitors offer siloed solutions—point of sale (POS) systems, reservation systems, and analytics platforms—Tebi's strength lies in its integrated approach. Schuijff believes that conventional providers have catered primarily to larger enterprises, leaving small to medium-sized businesses (SMBs) underserved. By focusing on this market niche, Tebi intends to bring the best enterprise functionalities within a pricing model that SMBs can afford.

The Inspiration Behind Tebi's Creation

The COVID-19 pandemic served as a catalyst for Schuijff's adventure into Tebi. Remembering the struggles of his favorite local bar with tax reporting, he was inspired to create a solution that helps businesses manage value-added tax (VAT) and other financial hurdles in real-time. His experience develops from his successful tenure with both Adyen and Bibit, where technological innovation flourished. The insight gathered from on-the-ground feedback, particularly from his co-founder, bar owner Mazdak Nasori, shaped the vision for Tebi.

The Role of Instant Reporting in Hospitality

Reflecting on emerging trends, Schuijff noted that regulatory changes are prompting tax departments in various regions to demand instant reporting during transactions. This shift signifies a transformative wave in compliance that stresses the necessity for real-time data reporting. Tebi's model aligns perfectly with this incoming requirement, ensuring that hospitality businesses are not just compliant but equipped to thrive in a data-driven landscape.

Funding and Future Prospects

The recent €30 million funding from CapitalG is a critical milestone for Tebi, endorsing its vision and providing the financial foundation required for growth. As the global consumer landscape shifts, investing in technology that simplifies operational complexities is paramount. Schuijff's foresight to differentiate Tebi from the Adyen model—focusing on SMBS rather than enterprise clients—shows a keen understanding of market dynamics and needs.

Challenges Ahead

Despite Tebi’s promising foundation, the road ahead is not devoid of hurdles. The technology and hospitality sectors are rife with challenges, from fierce competition to evolving regulatory landscapes. Establishing brand trust and customer loyalty will be vital as Tebi scales. Furthermore, as competitors also adapt by integrating more comprehensive solutions, Tebi will need to continuously innovate to maintain a competitive edge.

Conclusion: Why Tebi Matters to the Future of Hospitality

Tebi's development speaks volumes to the ongoing evolution within the fintech space and the hospitality industry specifically. By addressing the needs of SMBs and embracing emerging technological trends, Tebi has positioned itself not just as another service provider but as a key player in helping the hospitality sector thrive in a post-pandemic world.

This journey reflects a broader narrative of resilience and innovation seen across different industries, highlighting both the challenges and opportunities in the ever-evolving technological landscape. As Tebi continues to grow, watching its impact on the hospitality sector will provide valuable lessons on entrepreneurship, adaptability, and the importance of staying ahead of trends.

Growth Stories

0 Comments

Write A Comment

*
*
Related Posts All Posts
02.20.2026

The OpenAI Mafia: Exploring 18 Startups Revolutionizing AI Industries

Update OpenAI Alumni Spark Entrepreneurial Revolution with AI Startups In the ever-evolving landscape of Silicon Valley, a new network is rising to prominence—the OpenAI Mafia. This term not only echoes the legacy of the famous PayPal Mafia but also highlights a growing community of innovators who have transitioned from OpenAI to launch their own groundbreaking ventures. The $100 Billion Opportunity: OpenAI's Market Value Once a humble startup behind ChatGPT, OpenAI is now gearing up for an astronomical valuation that overshadows many tech giants, reportedly negotiating a $100 billion deal that could place its value at over $850 billion. The implications of such growth are profound, particularly when considering the array of startups that have emerged from its alumni. Rivalry and Collaboration: A Dual Edge Sword Some ex-employees have founded rivals that challenge OpenAI’s market dominance, such as Anthropic, co-founded by Dario and Daniela Amodei. This startup, which emphasizes AI safety, has resonated with investors, raising an impressive $30 billion in its latest funding round, placing its valuation at $380 billion. With rumors swirling about both Anthropic and OpenAI preparing for IPOs, the stakes have never been higher. Funding Without Products: A Surprising Trend Interestingly, companies like Thinking Machines Lab have secured billions despite not launching official products, highlighting a unique investor confidence in the capabilities of OpenAI alumni. Such funding behavior signifies the high expectations placed on these innovators, driven by their pedigree from one of the most influential AI organizations today. Expanding the Network: Investment Opportunities Aliisa Rosenthal, an early sales leader at OpenAI, exemplifies the evolving dynamics within this network. Transitioning from being a founder to an investor, she intends to leverage her connections within the alumni fold to identify promising ventures. This movement fosters a collaborative environment where capital flows into sectors poised for innovation. Spotlight on Emerging Startups The alumni network is vibrant, featuring numerous startups making headlines. Notable examples include: Adept AI Labs: Co-founded by David Luan, this startup, valued over $1 billion, aims to create AI tools for enhancing employee productivity. Applied Compute: Comprising three ex-OpenAI members, this firm focuses on customizing AI solutions for enterprises and recently raised $20 million. Covariant: Founded by Pieter Abbeel, Peter Chen, and Rocky Duan, this company specializes in AI and robotics integration, having garnered attention from Amazon following their acquisition. Other ventures like Cresta and Perplexity are similarly capitalizing on their founders’ credentials, demonstrating the robust interest in AI applications across diverse industries. Cultural Impact and Future Predictions As more startups emerge, the cultural significance of the OpenAI alumni network becomes undeniable. They are not just creating businesses but shaping the discourse around AI ethics, safety, and capabilities. The future promises increased scrutiny and debate regarding AI applications, paralleling the surge in startups seeking to capitalize on this technology. Conclusion: The Altman and Musk Effects The influence of prominent figures like Sam Altman and Elon Musk cannot be understated within this context. With the emergence of xAI, Musk’s latest venture, and the potential impact of these innovators, the evolving tech landscape is set for drastic changes. The collaboration and competition stemming from the OpenAI Mafia may well redefine not only the AI sector but also broader technological innovation. This burgeoning network exemplifies the importance of shared knowledge and ambition in fostering industry growth. As these companies continue to thrive, the impact of OpenAI on the tech ecosystem will only expand.

02.19.2026

Is Your Startup’s Check Engine Light On? Insights from Google Cloud’s VP

Update The Startup Landscape: Navigating Challenges with AI and Infrastructure In today's rapidly evolving tech space, startup founders are racing against time. The pressure to innovate quickly, navigate funding challenges, and harness the potential of artificial intelligence (AI) is unprecedented. Darren Mowry, Google Cloud’s Vice President of Global Startups, sheds light on the critical decisions startups face and how they can leverage cloud technology effectively. AI - A Double-Edged Sword for Startups AI has emerged as a powerful tool that can propel startups to new heights, but it comes with a caveat. While integrating AI can enhance product offerings and operational efficiencies, it also raises the bar for performance expectations from investors. Investors today exert pressure on founders to prove traction and revenue growth sooner than ever, creating a challenging environment where startups must execute flawlessly. Mowry emphasizes that every decision—whether selecting cloud credits, GPU access, or foundation models—can significantly impact a startup's trajectory and expense management as they transition beyond initial funding credits to real infrastructure costs. Making poor early choices could lead to unforeseen financial strains that disrupt a startup's growth journey. Your Startup's 'Check Engine Light': What to Monitor Just like an automobile's check engine light signals potential issues, there are several indicators founders should watch for to ensure they're on the right path: Operational Efficiency: Are AI implementations driving tangible results? Regular assessments of AI systems can prevent waste and inefficiencies. Financial Scrutiny: As funding rounds grow tighter, maintaining transparency and clarity about financial forecasts and investor expectations is crucial. Team Dynamics: A cohesive team that adapts well to new technology is essential for easing the integration of AI into existing processes. Strategies for Securing Funding in an AI-Driven Era In a landscape heavily influenced by advancements in AI, the funding process is evolving. According to insights from the Financial Executives Journal, understanding the dynamics of funding is essential for startups. They recommend: Diverse Investment Sources: With capital drawn from various avenues, including friends, family, corporate investors, and venture capital, startups should explore all potential funding sources. Clear Narrative on AI's Role: Articulating how AI adds value and enhances operational efficiency is critical. Investors appreciate transparent, defensible narratives over exaggerated claims. Solid Governance and Financial Structure: Investors often favor startups with structured governance and clean financials, minimizing potential red flags. A Future-Oriented Approach to Startup Building As the tech world rapidly innovates, Mowry advises founders to take a strategic, proactive approach. Embracing a forward-thinking mindset will prepare startups to address structural challenges early, enabling them to pivot gracefully when necessary. In a time of unpredictability, resilience and adaptability are key qualities that stand out to investors. The Bottom Line: Moving Forward with Confidence In conclusion, founders must remain vigilant and informed as they navigate this intense startup ecosystem. By recognizing early warning signals, adapting funding strategies, and leveraging AI responsibly, they not only enhance their chances of success but also build solid foundations for sustainable growth. The journey may be fraught with challenges, but by applying these insights and maintaining a clear vision, startups can steer their operations smoothly through this evolving landscape.

02.18.2026

Mistral AI’s Acquisition of Koyeb: A Bold Move to Enhance AI Cloud Infrastructure

Update New Chapter for Mistral AI: Strategic Growth Through Acquisition Mistral AI, the innovative French tech company renowned for its advancements in artificial intelligence, has made headlines with its first-ever acquisition. The company has successfully acquired Koyeb, a startup that focuses on simplifying the complexities of AI application deployment. This strategic move not only enhances Mistral AI's capabilities but also demonstrates its ambition to emerge as a comprehensive player in the AI cloud infrastructure industry. The Vision Behind Mistral AI’s Acquisition of Koyeb Initially valued at an impressive $13.8 billion, Mistral AI is primarily noted for its pioneering large language models (LLMs). However, with the acquisition of Koyeb, co-founded by three former employees of French cloud provider Scaleway, Mistral is signaling a shift in focus. The deal is expected to accelerate the development of Mistral Compute, a newly announced AI cloud infrastructure offering, which aims to provide enterprises with the resources needed to deploy heavy-duty AI solutions at scale. Harnessing Serverless Technology for AI Deployment Koyeb’s innovative platform is crucial to meeting the demands of modern AI applications. With serverless architecture gaining traction, Koyeb’s technology enables developers to manage their infrastructure without the typical overhead. This approach allows for rapid deployment and scalability, particularly in an era where the AI landscape is evolving swiftly. The recently launched Koyeb Sandboxes, designed for isolating environments to deploy AI agents, spotlights the startup’s commitment to providing state-of-the-art solutions in an industry craving efficiency. Global Implications of Mistral’s Acquisition As Mistral AI continues to bolster its cloud strategies, the acquisition aligns with broader geopolitical trends favoring European sovereignty in technology and infrastructure. With recent global shifts in AI infrastructure investments—such as Mistral’s substantial $1.4 billion commitment to data centers in Sweden—the acquisition of Koyeb reinforces Mistral’s position as a catalyst for fostering sovereign AI infrastructure in Europe. Floriane de Maupeou, a principal at Serena Ventures, remarked that this merger will play a vital role in shaping the future of AI infrastructure in the region. Team Integration and Forward-Looking Goals The integration of Koyeb's 13 employees, including its three co-founders, into Mistral’s engineering team under CTO Timothée Lacroix is expected to significantly enhance innovation. With this merger, Koyeb is set to become a core component of Mistral Compute in the following months, allowing Mistral AI to leverage Koyeb's expertise in optimizing GPU performance and scaling AI inference—a process critical for operationalizing AI models effectively. Addressing Market Demands and Future Outlook This acquisition comes at a time when companies are increasingly seeking reliable and efficient AI infrastructure. As Mistral ramps up its innovative initiatives, the transition to overtake competitors like OpenAI and other tech giants becomes imperative. By unifying their forces with Koyeb, Mistral not only addresses current market demands but also sets itself up for future success in providing advanced AI solutions tailored for diverse corporate needs. Key Takeaways and Industry Perspectives In essence, Mistral AI's acquisition of Koyeb represents a significant step forward in the race to provide robust AI infrastructure. While the details on the financial terms of the deal remain undisclosed, its implications for both companies could redefine the future of AI deployment in Europe and beyond. The synergies from this acquisition will likely engender not just improved capabilities for Mistral but also foster a collaborative environment for developers who rely on streamlined, serverless platforms for their applications. As AI technology continues to evolve, partnerships like these are pivotal in setting benchmarks and shaping the landscape.

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*