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The London-based AI startup PolyAI has just raised over €46 million in a Series C funding round, backed by new investors Hedosophia, NVentures (NVIDIA’s venture capital arm) and Zendesk, with follow-on investments from Khosla Ventures, Georgian, Point72 Ventures, Sands Capital and Passion Capital. With this raise, PolyAI has now secured over €110 million in funding. ... Read more ›
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In recent years, the landscape of global security has undergone a significant transformation, driven by rapid advancements in technology and a surge in defence-focused innovation. Defence startups across the globe are at the forefront of this shift, reshaping traditional defence mechanisms and strategies with cutting-edge innovations. These emerging companies are not merely suppliers of new ... Read more ›
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Codesphere, which enables developers to program and scale complex applications directly in the cloud, has secured €16.5 million in funding. Pan-European VC Creandum led the investment round with existing investors including LEA Partners, Begin Capital, 42CAP and 468 also participating. Founded in 2020, Codesphere has now raised $26.5 million to date. This new capital injection ... Read more ›
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Tulyp, the one-stop shop software platform digitalizing trade finance based in Paris, has successfully closed a €1.5 million Seed round led by Speedinvest alongside other major investors including Kima Ventures, Purple Ventures and business angels. With clients spanning three continents, Tulyp is committed to ensuring that SMEs have access to trade finance services on par ... Read more ›
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Growth debt is a form of business financing that involves borrowing funds from specialised lenders, typically dedicated growth debt firms. This type of debt is specifically tailored for startups and high-growth companies, offering an alternative to both traditional bank loans and equity financing. Unlike traditional debt, growth debt is designed around the specific needs of ... Read more ›
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Growth debt is a form of business financing that involves borrowing funds from specialised lenders, typically dedicated growth debt firms. This type of debt is specifically tailored for startups and high-growth companies, offering an alternative to both traditional bank loans and equity financing. Unlike traditional debt, growth debt is designed around the specific needs of ... Read more ›
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In this episode, Alex Berriche, Sequoia Capital Scout and the Co-founder and CEO of Fleet, a French B2B startup focused on simplifying equipment management for startups and SMBs, shares lessons learned from over 100 angel investments. He also discusses the idea behind Fleet and the challenges of IT equipment management. Alex shares his transition from ... Read more ›
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Caeli Wind, a platform for analysing and marketing wind energy locations founded by Ben Schlemmermeier and Heiko Bartels in 2022, announced that it has secured €11 million in growth capital from international investors. The round was led by renowned UK venture capital fund Notion Capital with the participation of Santander Alternative Investments and existing investors ... Read more ›
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HEPHAISTOS-Pharma, a biotechnology company developing next generation immunotherapies against cancer targeting innate immunity to increase the cure rate of patients, has completed its €4.5 million seed round to finance industrialization and advance its lead candidate ONCO-Boost towards the clinic. Elaia leads a consortium previously initiated by xista science ventures, the Fondation Fournier-Majoie and Noshaq. Florian ... Read more ›
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Estonian medtech company Nanordica Medical has raised €1.75 million to enter the market with first-in-class wound care products curing severe wounds. The round was led by Estonian fund Specialist VC, with participation from Superangel and Amalfi. 100 million patients suffer from chronic wounds such as diabetic foot, venous leg and pressure ulcers. Moreover, the prevalence ... Read more ›
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Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised a further round of investment totalling €6.275 million to power its ambitious plans of becoming the go-to platform for work payments. The startup received support from existing investors Eleven Ventures and Fil Rouge Capital and new investors MFG Invest, ... Read more ›
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Peachies, a London-based premium nappy brand for contemporary parenting, has today announced the successful completion of its latest fundraising round, securing total funding of €1.6. The round included prominent investors from the UK, US, Germany and Austria. It was led by Anotherway Ventures, the fund supporting purpose-led consumer brands and Antler, the most active private early-stage ... Read more ›
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And just like that, the EU-Startups Summit has wrapped up for another year! On May 9-10, 2024, we hosted our annual EU-Startups Summit in sunny Malta – and it was incredible! From a buzzing exhibition hall and a chatter-filled networking space to insightful keynotes and exciting pitches, this year’s Summit brought plenty of opportunities to ... Read more ›
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The Berlin-based renewable energy supplier trawa, which simplifies energy purchasing and management for small and medium-sized enterprises (SME) through its AI solution, secured a €10 million seed round, led by Balderton Capital. German climate tech investor AENU also participated in the round, alongside previous investors Speedinvest, Magnetic and TinyVC. The funding will be used to ... Read more ›
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Malted AI, a Scottish AI firm helping enterprises to build smaller, more focused AI models with greater performance at a fraction of the cost, announced that it has secured €6.9 million in seed investment, led by Hoxton Ventures and joined by Creator Fund and angel investors. Founded in 2023, Malted AI takes the output of ... Read more ›
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Holidu, a fast-growing vacation rental company with a presence across Europe and five branches in Spain (Mallorca, Barcelona, Tenerife, Alicante, and Malaga), has acquired Clubrural, a leading portal for rural vacation rentals in Spain and Portugal. Based in Madrid, Clubrural was founded in 1997 and was one of the pioneers in the booking of vacation ... Read more ›
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Sustainable end-to-end battery recycling firm cylib announced the completion of its €55 million Series A funding round in equity financing. Co-led by the leading European climate tech VC World Fund, and Porsche Ventures, the venture arm of sports car manufacturer Porsche AG, the round was joined by Bosch Ventures, DeepTech & Climate Fonds, NRW.Venture, existing ... Read more ›
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Founded in 2012 in the vibrant heart of Rotterdam, Progress Bar is redefining what it means to be a coworking space, they have quickly become a cornerstone of innovation and collaboration through true coworking in Rotterdam and are now looking to expand. Founder Leon Pals said:  “As we continuously look to improve our network and impact, ... Read more ›
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Harbor Lab, a maritime software company modernising the outdated accounting practices hampering the $14 trillion shipping industry, has raised a €14.7 million Series A funding round led by European VC Atomico. With participation from existing investors Notion Capital, Venture Friends, SpeedInvest and The Dock, and new investors Endeavor Catalyst and maritime VC TMV, the round ... Read more ›
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Purple Dot, a pioneering e-commerce pre-order and waitlist platform, announced the closure of a €9.2 million Series A funding round. The round was led by leading European venture capital firm, OpenOcean, to fuel Purple Dot’s mission of creating a world where everything that gets made, gets sold. The Series A funding round also featured strong ... Read more ›
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Most popular sources
Business Insider
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23% 1 |
MacRumors
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22% 15 |
Ars Technica
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8% 1 |
Gizmodo
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6% 3 |
Vox
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6% 2 |
| View sources » | |
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18.05.2024 11:09
Last update: 11:01 EDT.
News rating updated: 18:02.
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