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 ›
2
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 ›
3
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 ›
28
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 ›
7
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 ›
0
Harbor Lab, a maritime software company modernising the outdated accounting practices hampering the $14 trillion shipping industry, has raised a €14.7 million Series A funding round led by European VC Atomico.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 ›
3
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 ›
23
Grasp, one of the world’s first AI assistants for investment banks and management consultants, is issuing new shares worth €1.7 million to Yanno Capital and Philian Invest. Together, they have acquired an ownership stake of just under 13%. The investment will be used to accelerate the development of Grasp’s AI platform and continue its global ... Read more ›
9
hexafarms, a pioneer in agricultural tech leveraging AI to optimize greenhouses to power the future of food production, announced the successful close of a € 1.3 million pre-seed funding round led by leading European early-stage investors Speedinvest with participation from Mudcake and techstars. With this fresh capital, hexafarms will further develop its AI and machine ... Read more ›
14
Accel, a first partner to exceptional teams everywhere, announced that it has raised a €602.7 million early-stage fund to support ambitious founders building global category-defining companies out of Europe and Israel. Now in its 24th year on the ground in Europe, Accel’s eighth early-stage fund will build on the strategy of previous funds as the ... Read more ›
28
In an ever-evolving digital landscape, the threat of online banking fraud looms larger than ever. As we step into 2024, the world of cybercrime is undergoing a rapid transformation, with fraudsters adopting increasingly sophisticated tactics to exploit vulnerabilities in the system. From new account takeover techniques to scams via synthetic identities, the arsenal of online ... Read more ›
2
Norrsken VC, a pioneer in impact investing in Europe, announced the final close of its second fund, supporting entrepreneurs who are tackling the world’s greatest problems. The total fund size of €320 million – surpassing the original target of 250 million – is backed by Europe’s most significant institutional investors Folksam, AP1 and the European ... Read more ›
22
The French new space in-orbit services company Infinite Orbits raised a €12 million round led by Newfund Capital along with the EIC Fund, IRDI Capital Investissement and Space Founders France. The main objective of this fundraising is enabling Infinite Orbits to accelerate the development of its main project “Endurance”, a Life Extension satellite for space ... Read more ›
21
Pitchdrive just announced the raise of its third fund of €40 million to invest in early-stage startups in Europe. They have received overwhelming interest from LPs, and had to overshoot their initial fund size by +30%, only accepting entrepreneurs and family offices. Fund I and II’s successful results (the latter run together with later-stage VC ... Read more ›
0
VDS has just launched the call for its international startup competition in Valencia. This contest aims to identify the world’s most disruptive startups that are developing innovative solutions to make a positive impact that transforms society and to connect them with the more than 700 investors expected at VDS2024, who collectively manage assets worth more ... Read more ›
0
And just like that, the EU-Startups Summit has wrapped up for another year! We really enjoyed sharing two days of networking, inspiration and learning with all of you and can’t wait to do it all again next year! Around 2,000 attendees came together to connect in Malta. We had some incredibly insightful talks on our workshop stage, ... Read more ›
58
Refreshworks, a partner in AI business transformations, announced the raise of €750k. In total, eleven angel investors, specializing in technology, compliance, safety, and consultancy, participated in this round. Backed by this funding, the company is committed to furthering its growth and to realize its mission to transform the Dutch business community into a leader in ... Read more ›
0
Tech-enabled childcare startup tiney.co, set up by the founder of Teach First, has raised a €8.3 million Series A round led by Mustard Seed Partners and joined by PortfoLion, Sparkmind, and Rubio. Tiney recruits, trains, and supports ‘micro-entrepreneurs’ to retrain as childminders and open childcare settings at home; helping to meet the acute demand for ... Read more ›
11
Join us at the EU Startups Summit 2024 on the sunny island of Malta, as we celebrate our 10th anniversary! With only one day left until the summit, we wanted to make sure you are fully informed and up to date. If you have any other queries, feel free to get in touch with us or ... Read more ›
47
The race to develop the first commercially available humanoid robot has been primarily concentrated in the US, until now. mimic, a Switzerland-based startup, is challenging US dominance and joining the robotics race to be the first to take a robotic arm and humanoid hand combination to market using generative AI, as it raises a pre-seed ... Read more ›
0
Most popular sources
Business Insider
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29% 2 |
Wired
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10% 6 |
The Verge
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7% 0 |
Tech Wire Asia
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7% 5 |
Gizmodo
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6% 0 |
| View sources » | |
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26.11.2024 23:32
Last update: 23:25 EDT.
News rating updated: 06:20.
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