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 ›
109
New York-based WeWork, a real estate company that provides shared workspaces, recently announced its financial results for Q2 2023, shedding light on its ongoing struggle in an increasingly competitive and turbulent market. The financial report reveals a mixed bag of results, showcasing both signs of improvement and persistent challenges. Revenue growth amidst headwinds WeWork reported […] Read more ›
6
Pistachio has also launched an AI-driven security training platform to assist European corporations in combating cybersecurity threats. Read more ›
34
What’s common between Dopper, ChannelEngine, and MatchWornShirt? They all use Pengu to cut down their SaaS application cost. Like consumers troubled with inflation and rising prices of streaming services, businesses have also grown increasingly wary of the cost associated with SaaS applications. The process of buying and renewing SaaS applications has become a technical quagmire, […] Read more ›
21
Berlin-based deepset, a company that offers enterprise developer tools to build applications with LLMs, announced on Wednesday, August 9, that it has secured $30M (approximately €27.3M) in a funding round led by Balderton Capital. Existing investors GV (Google Ventures) and Harpoon Ventures also participated in the round. deepset has also secured backing from experienced founders […] Read more ›
3
The entrepreneurial landscape is ever-evolving, and nowhere is this more evident than in the bustling city of London.  Last month, a promising lineup of London-based startups secured impressive funding of over $10M, setting the stage for their disruptive innovation and accelerated growth. This financial injection speaks volumes about the strength of the ideas of these […] Read more ›
57
sewts’ vision is to become a global automation partner for industries working with easily deformable materials. Read more ›
6
London-based SumUp, a fintech company, announced on Wednesday that it has entered into a $100M (approximately €91M) credit facility with Victory Park Capital, an alternative investment firm that specialises in private credit. The credit facility will enable SumUp to provide advance payments to UK merchants. The company also has plans to expand this service to […] Read more ›
27
Sereact says it will use the funds to expand its workforce and support the development and international roll-out of PickGPT. Read more ›
3
US-based Micromobility.com’s non-binding bid to acquire bankrupt Dutch company VanMoof has been rejected by its trustees. The US company had submitted the bid earlier this month. Salvatore Palella, founder & CEO of Micromobility.com, wrote on X (previously Twitter), “Regrettably, our bid for #VanMoof, which deeply prioritized consumer protection & job preservation, wasn’t accepted by the […] Read more ›
8
Pride Capital invested an additional €1.5M into Matrixian Group, which previously received €2M in funding, to drive technological advancements and international growth. Read more ›
2
Foresight Group has invested €814k into We Are Fulfilment Limited (WAF) through the Midlands Engine Investment Fund (MEIF). Read more ›
2
Cornwall, UK-based Cornish Lithium, a pioneering mineral exploration and development company, announced that it has raised $67M (approximately €61M) investment from a consortium of prominent institutional investors. The consortium is led by the UK Infrastructure Bank alongside The Energy & Minerals Group (EMG) and TechMet. Of the total investment, the UK Infrastructure Bank has invested […] Read more ›
0
Unless you’re considering launching your venture or scaling it in Malta and you are eligible for non-dilutive funding from Malta Enterprise. Read more ›
2
Post-ICU secures a €1 million investment to drive its expansion and advancement in the USA. Read more ›
2
Germany-based energy startup Kraftblock secures €20M in a Series B financing round to speed up decarbonisation in global industries. Read more ›
15
Cytomos has developed a platform called CDS (Cell Decision Systems) to address challenges in the biopharmaceutical industry. Read more ›
6
Rodeo Drive is the revamped and rebranded version of its current platform, offering more reliability, better speed, and improved end-to-end project management experience. Read more ›
5
Eficode says the deal will strengthen the company’s position as an Atlassian partner in Finland, expanding its expertise in Atlassian Cloud services and the public sector. Read more ›
33
In today’s competitive job market, finding a workplace that fosters a culture of growth, innovation, and employee well-being is paramount for individuals seeking career fulfilment and success. Leading companies recognise that a happy and motivated workforce is the bedrock of success, driving productivity, creativity, and long-term growth. These exceptional organisations go above and beyond to […] Read more ›
0
California-based PayPal, a financial technology company, announced on Monday, August 7, that it has introduced a regulated stablecoin that has the potential to revolutionise payments within web3 and digitally native ecosystems. Dubbed PayPal USD (PYUSD), the stablecoin aims to bridge the gap between traditional financial systems and the emerging world of blockchain and cryptocurrencies. PayPal […] Read more ›
6
Most popular sources
Business Insider
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34% 7 |
Tech Wire Asia
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19% 6 |
CNET
|
7% 1 |
Tom's Hardware
|
5% 1 |
Android Authority
|
5% 1 |
| View sources » | |
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28.11.2024 21:43
Last update: 21:30 EDT.
News rating updated: 04:30.
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