Dutch e-bike manufacturer Stella Fietsen was declared bankrupt on Friday, according to a spokesperson for the Gelderland court. The announcement comes a few days after the company requested a payment suspension. Stella Fietsen currently has about 440 employees in 48 locations in the Netherlands and Belgium. In a statement, Frans van Oss, who has been ... Read more Read more ›
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With a slew of tech announcements dominating the headlines recently, it’s been easy to overlook some equally important stories happening elsewhere. But don’t worry — we’ve got you covered! To make sure you stay informed, we’ve compiled a list of noteworthy stories that may have flown under the radar this week. Scroll down to find ... Read more Read more ›
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Amsterdam-based Treety, an ESG reporting, monitoring & compliance solution for alternative asset managers, has secured fresh funding from venture capital firm Arket Ventures. With this funding, Treety plans to expand its capabilities, furthering its mission to empower businesses and investors to integrate sustainability into their decision-making processes. Resolving ESG data challenges Founded in 2020 by ... Read more Read more ›
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Stockholm-based Northvolt, a lithium-ion battery manufacturer, and certain of its subsidiaries announced on Thursday, November 21, that they have voluntarily filed for Chapter 11 reorganisation in the U.S. Bankruptcy Court for the Southern District of Texas. The Chapter 11 filings will help the Swedish company to reorganise its debt, adapt to customer needs, and create ... Read more Read more ›
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Noordwijk, South Holland-based Spatialise, a developer of soil health monitoring platform, announced on Thursday, November 21 that it has secured €350K from UNIIQ, an investment fund focused on the proof-of-concept phase. The announcement comes a few days UNIIQ invested €350K in Bionomic, a Dutch agtech company. In October, The Hague-based UNIIQ announced €2.5M to invest ... Read more Read more ›
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Delft-based GEHECO, a company that aims to enable carbon-neutral heating in buildings, has closed its first funding round, securing investments from Graduate Entrepreneur, Rockstart, and Rabobank, through the Rabobank Innovatie Lening (RIL). These contributions complement earlier investments from the Shell Impact Fund and Innovation Quarter’s UNIIQ Fund. The funding amount, however, remains undisclosed. The investment ... Read more Read more ›
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This year, the Netherlands’ largest student entrepreneurship contest celebrates 20 years of fostering innovation and entrepreneurship. What makes this award so special is the unique trajectory it offers, designed to support students and recent graduates turning their ideas into successful startups, or providing more developed start-ups the tools to becoming a success. Startups can participate ... Read more Read more ›
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Amsterdam-based Invest-NL, a national financing and development institution, announced on Friday that it has invested €7.5M in the Forbion BioEconomy Fund I. Forbion BioEconomy Fund I is a newly launched investment strategy of Forbion, a life sciences venture capital firm. The fund focuses on investing in innovative biotech companies that develop sustainable solutions across four ... Read more Read more ›
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Stockholm-based Candela, a company specialising in hydrofoiling electric boats and ferries, has finalised its Series C funding round, raising an additional $14M (approximately €13.34M) to surpass $40M in total funding for 2024. The capital will support scaling production to meet growing demand for its electric watercraft, including the Candela P-12. The P-12 has been sold ... Read more Read more ›
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Delft-based OASYS NOW, the EU’s first AI-powered patient recruitment platform, has been announced as the winner of Slush 100 after pitching live on the international summit’s Startup Stage. The Dutch company wins €1M equity investment from two of Europe’s most prominent early-stage venture funds: General Catalyst and Cherry Ventures. Additionally, the company will also get ... Read more Read more ›
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Emerging economies, home to over 85 per cent of the world’s population, face unique challenges due to inflation and currency devaluation. For many individuals, accessing reliable financial tools to protect their wealth and secure their future has been an uphill battle. As these economies grapple with instability, the demand for stable, dependable currencies like the ... Read more Read more ›
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Amsterdam-based Mews, a company specialised in hospitality technology, on Thursday, announced that it has acquired Gothenburg,-based Atomize, the Revenue Management Software (RMS) provider. “We couldn’t be more excited about being part of the Mews family,” says Alexander Edström, CEO of Atomize. “With Atomise now part of Mews, it marks an exciting new chapter for the ... Read more Read more ›
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Amsterdam-based TNW Programs, an advisory firm focused on innovation and transformation, announced that it will merge with nlmtd starting January 1st. The integration will bring together their teams and activities, while TNW Programs keeps its brand name and partnership with TNW. Jon Slade from The Financial Times, TNW’s parent company, says, “It has been a ... Read more Read more ›
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London-based Lighthouse, a commercial intelligence platform for the travel and hospitality industry, has secured nearly $370M (approximately €351.83M) in Series C growth funding. The company has achieved “unicorn” status with this round. The investment, led by global investment firm KKR, is backed by its Next Generation Technology III Fund. Existing investors, including Spectrum Equity, F-Prime ... Read more Read more ›
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US-based Growth Catalyst Partners, a private equity firm focused on investing in information, marketing, and tech-enabled services, on Wednesday announced that it has acquired UK-based InspiredMinds! This acquisition helps InspiredMinds! expand into the US market and strengthen its goal of connecting top AI talent through events like World Summit AI and Intelligent Health. However, post-acquisition, ... Read more Read more ›
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Amsterdam-based Move Energy Fund, a venture capital focusing on early-stage ventures and technologies supporting the energy transition, announced on Thursday that it has secured €35M commitment from the European Investment Fund (EIF) for its Fund I. With this fund, the Dutch VC will invest in hard- and software ventures that accelerate the energy transition. The ... Read more Read more ›
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Lyon, France-based Eden AI, an AI integration platform, announced on Thursday that it has secured €3M in a seed round led by Galion.exe. Other investors, including 50 Partners and several prominent business angels, including Olivier Pomel (Co-Founder of Datadog), Sébastien Pahl (Co-Founder of Docker), and Alix de Sagazan (Co-Founder of ABTasty), also participated. The French ... Read more Read more ›
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Amsterdam-based LearnWise, an AI-driven platform enhancing the student experience, has secured €2M in a seed round of funding led by London-based VC firm Emerge. The platform, which has reduced support queries by 50 per cent for over 720,000 students worldwide, aims to use the funding to enhance its product and expand its team. The move ... Read more Read more ›
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Paris-based Faircraft, a company specialising in lab-grown leather, announced on Thursday that it has secured €15M in funding. The round was backed by internationally renowned investment funds, including Kindred Ventures (USA), Cap Horn (France), BPI (France), Sake Bosch (Netherlands), Entrepreneur First (UK), Alliance for Impact (France), and Heirloom (USA). This funding will enable the French ... Read more Read more ›
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Oulu, Finland-based ŌURA, a maker of the smart ring, on Tuesday, November 19, announced that it has secured $75M (approximately €71M) in a Series D funding round at a valuation of $5B (approximately €4.7B) from California-based DexCom, a company specialised in glucose biosensing. In addition to funding, the Finnish company also partnered with DexCom to ... Read more Read more ›
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Berlin-based Extantia Capital, a VC firm that backs pioneers in climate, announced Wednesday that it has announced a final close of its oversubscribed Article 9 flagship fund at €204M. The fund received backing from a global network of institutional investors, including sovereign wealth funds, pension funds, insurance companies, corporations, and family offices. Extantia invests in ... Read more Read more ›
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Netherlands-based Ebusco, a motor vehicle manufacturing company, has raised €36M through the successful completion of its Rights Issue. The company issued 43,853,031 new shares at an issue price of €0.8209 per share. A total of 28,177,939 shares were subscribed, reflecting a 64.3 per cent take-up rate. Long-term shareholders, including Peter Bijvelds Holding, ING CIP, and ... Read more Read more ›
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Most popular sources
Business Insider
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31% 9 |
Financial Times
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15% 15 |
The Verge
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14% 11 |
Tom's Hardware
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5% 1 |
Wired
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4% 1 |
| View sources » | |
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23.11.2024 17:09
Last update: 17:00 EDT.
News rating updated: 00:01.
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