The European Commission (EC)’s NGI TrustChain initiative has awarded an additional €1.8 million in grant funding to leading European startups to combat online misinformation and false identity in online spaces with blockchain-based technologies. The EC project recently announced the 15 latest startup recipients of ‘democracy grants’ who will each receive up to €117,000 in grant ... Read more ›
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Credo AI, a global leader in AI governance software, announced that it has raised €19.4 million in new capital from CrimsoNox Capital, Mozilla Ventures, and FPV Ventures with participation from existing investors Sands Capital, Decibel VC, Booz Allen Hamilton, and AI Fund. This brings the company’s total funding raised to $41.3 million. The company also ... Read more ›
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Flo Health, one of the most downloaded women’s health apps worldwide, announced it has raised more than €180 million in a Series C investment from General Atlantic. This minority investment propels Flo’s valuation beyond $1 billion, making it the first purely digital consumer women’s health app to achieve unicorn status, according to the company. Flo ... Read more ›
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Securing investment is a challenging and time-consuming process for many founders, often diverting their attention from growing their businesses. According to Horizon Dashboard and Dealroom, the EU directs about 20% of its funding towards SMEs, but within this group of funded SMEs, only 7% manage to secure additional investment from venture capitalists. This indicates that ... Read more ›
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The 7th China International Import Expo (CIIE) will be held from November 5th to 10th, 2024, at the National Exhibition and Convention Center (Shanghai). Organized by the Ministry of Commerce of China and the Shanghai Municipal Government. The CIIE promotes trade liberalization and economic globalization, facilitates global economic cooperation, and drives world economic growth and ... Read more ›
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Stairpay, a platform that simplifies the customer journey of shared ownership to help more people achieve their dream of owning a home, has raised €890k in pre-seed funding. The round was led by Fuel Ventures, with participation from Heartfelt Ventures. Angel investors such as Rob Hamilton, who built and sold Instant Offices to private equity ... Read more ›
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Berlin-based Amperecloud, a company empowering efficiency in energy asset management, has successfully closed a €3.3 Million Series A+ financing round led by Encevo, one of Europe’s leading and sustainable energy players. Additionally, Point9, Vireo Electrification Fund and many other existing shareholders took part in the round as well. The total investment raised now adds up ... Read more ›
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Deventer-based OpusFlow, a pioneering all-in-one ERP solution for sustainable installers announced a €1.7 million investment from B2B SaaS investor Peak. Launched in November 2022, OpusFlow emerged to focus exclusively on developing modular ERP functionalities for sustainable installation companies specializing in sustainable technologies such as solar panels, heat pumps, home-batteries and electric vehicle charging stations. Unlike ... Read more ›
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Building a successful healthcare startup is fraught with challenges, from navigating regulatory hurdles to securing substantial funding for clinical translation. While early-stage investment in Europe has accelerated, significant gaps remain for larger capital rounds crucial for clinical progress. This is where programmes like EIT Health Catapult become invaluable, offering a robust platform for startups to ... Read more ›
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Intellectual property (IP) is crucial for startups and scale-ups and needs to be protected, as a companies’ innovations and creative works are driving progress and competitive advantage. IP rights provide legal protection, helping to secure your inventions, designs, and brands from unauthorised use by others. By safeguarding your intellectual property, you can maintain exclusivity, attract ... Read more ›
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osapiens, a leading ESG Platform and provider of compliance and sustainability reporting solutions, announced the completion of a €110.7 million Series B financing round led by Growth Equity at Goldman Sachs Alternatives. The funds will be used to accelerate international expansion and further invest in the technology platform, helping to make business operations more compliant, ... Read more ›
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Female Invest, a leading finance app that empowers women through accessible subscription-based learning, financial news, and community, announced the close of its Series A funding round, raising a total of €10.3 million. The platform, designed to help women maximise their financial potential and start investing, boasts over 73,000+ paying members across 123 countries and a ... Read more ›
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VDS, one of Southern Europe’s most prominent international tech events, will take place on October 23-24, at the iconic City of Arts and Sciences in Valencia. Featuring a lineup of stellar business leaders from major companies and top venture capital firms, VDS is set to be an unmissable event for tech innovation professionals and enthusiasts ... Read more ›
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Transatlantic growth equity investor Kennet has raised €266 million for its largest fund to date, Kennet VI. Kennet has already begun to deploy this capital into capital-efficient B2B SaaS companies across Europe, including Screendragon in Ireland and the UK, and Fluid Topics in France. Kennet VI builds on the success of the previous five funds’ ... Read more ›
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Epum, an innovative Amsterdam and NYC-based startup dedicated to transforming the commercial real estate development industry, announced a €1.47 million pre-seed funding round. The funding round was over 150% oversubscribed and was led by Dutch AI investor Curiosity VC, with co-investments from NP-Hard Ventures, Remote First Capital, and Heartfelt VC. This capital will allow the ... Read more ›
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Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises, based both in Switzerland and California, has announced the successful closure of over €55 million Series C equity investment from Zurich Insurance Group (Zurich), a prominent global multi-line insurer. This significant investment will enable Cowbell to scale its operations to meet growing demand, ... Read more ›
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Fractile, a UK company building a groundbreaking new AI chip to deliver exponential performance improvements for AI models, has exited stealth and announced €13.8 million in seed funding. The round was co-led by Kindred Capital, NATO Innovation Fund, and Oxford Science Enterprises, with participation from Cocoa and Inovia Capital, together with angel investors including Hermann ... Read more ›
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Rent2Cash, an Italian startup bringing rental advance services to landlords, offering upfront payouts of up to 3 years’ rent, raised a €3 million pre-seed round and launched operations in Italy. The investment is financed by major Italian banking groups, as well as institutional investors and business angels. The company purchased its first rental credits via ... Read more ›
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Biopharmaceuticals, often known as bio-pharma, represent a dynamic sector within the pharmaceutical industry that uses biological processes to develop drugs and therapies. Unlike traditional pharmaceuticals, which are typically synthesized chemically, bio-pharma products are derived from living organisms such as cells, tissues, or proteins. This field offers targeted and precise treatments that can address complex diseases ... Read more ›
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Tech Wire Asia | 15% |
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The Verge | 6% 2 |
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26.11.2024 07:22
Last update: 07:15 EDT.
News rating updated: 14:11.
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