The year 2022 put Solaris to the test. The company closed the fiscal year with net revenues of €130 million, a growth of 30% compared to the previous year, but a loss of €56 million. The management team had already taken measures last year to address the changed market conditions. According to the Berlin-based fintech, ... Read more ›
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2020 marked the first year in the UK’s history that electricity came predominantly from renewable energy. While this ongoing shift towards the National Grid’s 2050 net-zero target is encouraging, it requires a significant increase in battery storage capacity to regulate energy supply and demand. Allye, a battery technology and energy storage business that aims to ... Read more ›
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PIUR IMAGING, a medical device company that enables access to affordable high-quality healthcare through AI-driven tomographic 3D ultrasound solutions, today announced the close of its €4.9 million Series A funding round. The round was led by Ascend Capital Partners, an EU Healthtech VC. Aescuvest, a prominent healthcare investment firm from Munich, Germany, joined as a ... Read more ›
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According to the United Nations’ Intergovernmental Panel on Climate Change, every rising degree Celsius is projected to cause at least a 5% decrease in global crop yield. To face these consequences, the agricultural sector requires urgent transformation. In the absence of adaptation, climate change will continue to weigh heavily on global food security and sovereignty, ... Read more ›
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Covering 70% of our planet’s surface, the oceans offer immense potential for sustainable economic growth and environmental preservation. In response to this opportunity, a wave of innovative startups has emerged, leading the way in the development of the blue economy. These forward-thinking companies are harnessing cutting-edge technologies and strategies to tackle pressing challenges and create ... Read more ›
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Travel tech startup NeoKe has secured funding of €1.3 million from Dreamcraft Ventures, ff Venture Capital, GHARAGE : Vision Hub of Gebr.Heinemann and Plug & Play to further develop its breakthrough decentralised digital identity and biometrics solutions for travel. The Amsterdam-based company, founded by entrepreneurs and former executives at Booking.com, Vikas Bhola and Sebastian Honores, ... Read more ›
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Quazel, an ETH spinoff based in Zurich, has secured €1.4 million from Khosla Ventures to propel the development of its AI language tutor. The startup aims to revolutionize language learning by empowering learners to achieve conversational fluency through its artificial intelligence-backed app. With support for 21 languages already implemented, the funding secured in the Seed ... Read more ›
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vilisto, a German startup which provides digital heat management for non-residential buildings, has successfully closed a Series A funding round totalling €5 million from SET Ventures, E.R. Capital Holding and existing investors. Vilisto’s patented technology enables efficient heating of buildings, addressing a key source of energy consumption and CO2 emissions in the EU. The Hamburg-based company ... Read more ›
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Propel, a Berlin-based HR-tech startup with offices in Lisbon and Lagos that developed a managed services platform for communities and talent, has secured a €2.5 million funding round led by Amsterdam-based No Such Ventures, with participation from APX (Axel Springer & Porsche), Golden Egg Check, and Future of Learning Fund. Founded by Sunkanmi Ola, Seun ... Read more ›
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This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you ... Read more ›
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We had the pleasure to interview Rajiv Tanna, CPO and Co-founder of birdie. With a deep passion for transforming the ageing experience through technology, Rajiv and his co-founders launched birdie in 2017. With the mission to address the significant challenges faced by the social care sector in providing adequate and personalised care to an increasingly ... Read more ›
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London-based Balderton Capital launched a Founder Wellbeing and Performance Platform, based on research among 230 founders as well as 20 years of experience investing in Europe’s top entrepreneurs. The research interrogated the inevitable pressures start-up founders are under, and how best to optimise performance in a high-pressure environment. The research found that although pressure is ... Read more ›
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Colvin, the Barcelona-based startup long-time candidate for unicorn, has raised €6 million in an internal round provided by its current investors and its founders, Sergi Bastardas and Andrés Cester, and in which a dozen more shareholders have participated, led by Eurazeo, the French fund that led the round that the company closed in 2021 and ... Read more ›
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In today’s competitive e-commerce landscape, customers expect real-time visibility into the progress of their parcel throughout the delivery process. A recent study by Sendcloud and Nielsen (2023) revealed that 9% of consumers did not receive their most recent order on the scheduled date, while 20% had to change the delivery time or location after receiving ... Read more ›
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Europe finally has the pieces in place to challenge the US as the world’s leading tech ecosystem and to potentially overtake it within the next 20 years, according to analysis from Creandum, Spotify’s first investors, and Dealroom. The venture capital firm Creandum has found that Europe’s tech sector is in the best shape of its ... Read more ›
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Germany has positioned itself as a thriving centre for food startups, encompassing various sectors such as delivery services, supply chain optimisation, agtech, food Science, foodservice, and consumer Tech. Among some of the most remarkable success stories in this ecosystem, HelloFresh and Delivery Hero stand out as food-related unicorns that have disrupted the industry with their ... Read more ›
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The perfumery/cosmetics industry is a dynamic and rapidly evolving field that constantly seeks innovative solutions to meet consumer demands and address pressing technological challenges. If you are currently involved in developing an innovation project that has the potential to revolutionise this sector, we have an exciting opportunity for you. Welcome to Open Innovation 2023, which ... Read more ›
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DUSK is the UK’s biggest nightlife app, showcasing the coolest bars and rewarding users with a free drink every night. The app makes it possible for drink brands to get their products into a Gen-z / Millennial audience at scale. Whether it’s the launch of a new liquid or cocktail, or giants like Diageo and ... Read more ›
20
Distil.ai, a customer data platform that helps e-commerce businesses to understand customers’ behaviour and boost sales, has raised a €1.3 million in a funding round led by Mercia Ventures and supported by angel investors. The funding will enable the Exeter-based company to further enhance its platform and expand its sales and marketing team to help ... Read more ›
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Notion Capital (“Notion”), Europe’s leading early-stage venture investor in business software and fintech, has today announced the final close of its new €300 million fund Notion Capital V SCSp (“Notion V” or “the fund”), which closed at its ‘hard cap’. The successful fundraising progress is testament to Notion’s strategy, past performance and strong base of ... Read more ›
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Most popular sources
Tech Wire Asia
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26% 9 |
Business Insider
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24% 7 |
Android Authority
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5% 1 |
Eurogamer.net
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5% 2 |
Gizmodo
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4% 1 |
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29.11.2024 23:50
Last update: 23:40 EDT.
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