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 ›
62
London-based Round Treasury, a banking and treasury platform for startups, announced on Tuesday that it has secured $2.1M (approximately €1.9M) in a pre-seed funding round led by Passion Capital. Other investors, including Tiny VC, Ascension, Samos Investments, and Entrepreneur First, also participated in the round. The funding round also attracted support from prominent fintech figures, ... Read more Read more ›
2
London-based Perlego, an edtech company, announced on Monday that it has secured $20M (approximately €18.1M) in funding led by former Tesco CEO, Sir Terry Leahy. Sir Terry Leahy says, “Perlego is addressing one of the most pressing challenges in modern education – access to essential learning materials. This investment is a vote of confidence in ... Read more Read more ›
5
Swedish-based Parsly, an AI-driven platform that analyses purchasing data to help restaurants optimise operations, has been acquired by US-based Buyers Edge Platform, a technology firm specialising in the restaurant industry. This acquisition is Buyers Edge Platform’s fifth in Europe this year. The US-based company aims to support Parsly’s development and facilitate its expansion into both ... Read more Read more ›
0
Utrecht-based Flavour, a company specialising in playful learning and activation through applied gaming and storytelling, has secured investment from Northwave Cyber Security and ROM Utrecht Region. In a statement translated from Dutch, Susanne Schilderman, the Utrecht alderman for Economic Affairs, says, “Digital crime is becoming increasingly sophisticated. Everyone is now familiar with phishing emails and ... Read more Read more ›
2
Helsinki-based Synergi, a company helping decarbonise the grid through smart software for consumers and utilities, announced on Tuesday that it has secured €2M in a seed funding round. The funding round was led by Greencode Ventures, with participation from Vaens, a Finnish family office. Existing investors Lifeline Ventures, APX (the first-cheque investor of Porsche & ... Read more Read more ›
0
Vienna-based GROPYUS, a company specialised in creating affordable and sustainable timber-hybrid buildings, announced on Monday that it has secured €100M. To date, the company has raised €300M in equity investment since its founding in 2019. The funding comes from Portuguese investment holding company Semapa and the US VC fund Practical Venture Capital. The announcement comes ... Read more Read more ›
0
Torino-based Vado, a company that aims to bridge the gap between smart storage solutions and delivery apps, has secured over €440K in a Seed round of funding. The round consists of €394K from private investors and €50K in debt from Banca Sella, positioning the company for international expansion across Europe. Vending automatic delivery operations Founded ... Read more Read more ›
13
Breda, The Netherlands-based RoomRaccoon, a provider of cloud-based hotel management software for independent hotels, announced on Monday that it has acquired Lobbi PMS, a Belgium-based software provider for small to medium-sized hotels. However, the Dutch company didn’t disclose the exact financial figures behind the acquisition. The announcement comes around a year after acquiring iHotelligence, a ... Read more Read more ›
0
Lille, France-based Intent Technologies, a cloud platform for building and urban data, announced recently that it has secured €5M from Amundi Private Equity Just Transition investment fund. New investors, including Nexity and Banque des Territoires (Caisse des Dépôts Group), also participated. “With this new partner, we are committed to accelerating our contribution to reducing the ... Read more Read more ›
0
Brussels-based Easyvest, an online financial advisor, has secured a €13M investment from Belgium’s second-largest bank insurer Belfius, and federal holding and investment company SFPIM. According to FDmagazine, Frédéric Van der Schueren, CEO of Belfius Insurance, says, “Our social security system is strong, but is under pressure due to the ageing population. The partnership with Easyvest ... Read more Read more ›
0
Dublin-based SuperNode, a renewable technology company, announced recently that it has secured €8M in an additional funding round from its existing shareholders — AKER Horizons and Volnay. The Irish company will use the funds to advance its superconducting transmission technology further. SuperNode CEO John Fitzgerald says, “We are thankful for the continued backing from our ... Read more Read more ›
0
Stockholm-based Lovable, a platform that enables anyone to create software, announced that it closed a $7.5M (approximately €6.83M) pre-seed funding round. The round was led by Hummingbird and byFounders along with Deepmind angel operators, AI founders, and investors including Mattias Miksche and Bjarke Klinge Staun, Siavash Ghorbani (Shopify), Fredrik Hjelm (Voi), and Creandum co-founder Stefan ... Read more Read more ›
1
In recent days, the tech industry has witnessed a wave of advancements and updates. From groundbreaking AI developments to shifts in health care, it’s been nothing short of a rollercoaster ride. With so many changes happening daily and quickly, it’s easy for some stories to slip through the cracks. But worry not, we have gathered ... Read more Read more ›
24
The world of alternative investment is often seen as a glamorous world of private equity investors and venture capitalists. However, it is no longer dominated by LPs and GPs investing in fledgling startups in exchange for equity. In fact, the fastest-growing form of investment in the alternative investment space is private debt (or private credit). ... Read more Read more ›
1
Amsterdam-based Plumery, a digital banking experience platform, announced that it has raised $3.3M (approximately €3M) in additional funding from DN Capital and Fontes, managed by QED Investors. This brings the Dutch company’s total funding to $7.8M, ahead of a planned Series A round in 2025. Yusuf Özdalga, Partner and Head of Europe at QED Investors, ... Read more Read more ›
10
Vilnius-based Green Genius, a renewable energy developer owned by Modus Group, is set to receive up to €100M in equity investment from the European Bank for Reconstruction and Development (EBRD). The deal, pending approval from competition authorities, will make the EBRD a minority shareholder in Green Genius, supporting Europe’s clean energy transition and bolstering regional ... Read more Read more ›
0
Heerenveen, The Netherlands-based Accell Group, which produces and sells bicycles, as well as their parts and accessories, announced that it is taking a significant step to improve its financial position. It includes reducing its corporate debt by reaching an agreement with most of its financial stakeholders. According to the company, the implementation of the recapitalisation ... Read more Read more ›
21
Prague-based PurposeTech has closed its first pre-seed venture capital fund to support founders from Central and Eastern Europe (CEE) focused on health, sustainability, and education. Zdenek Fred Fous and the Czech Impact Hub, part of a global network for purpose-driven entrepreneurs and innovators, co-founded the fund. Founder Zdenek Fred Fous says, “More and more founders ... Read more Read more ›
1
Zurich-based Voliro, a company specialised in aerial mobile robotics, announced on Thursday that it has secured $12M (approximately €10.8M) in Series A funding led by Cherry Ventures. Other existing business angels, family offices, and a conventional debt facility, also participated in the round. This new funding brings Voliro’s total capital raised to $22M (approximately €20M). ... Read more Read more ›
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Amsterdam-based Merqato, an AI-powered platform to optimise operational planning, has secured fresh funding from Smarter Ventures. Prior to this funding round, in October 2023, the Amsterdam-based company received a €350K convertible loan from Innovatiefonds Noord-Holland. Match supply and demand with AI-powered forecasts Founded in 2023 by Claire Bénard, Jan-Willem Snoeker, and Thomas Beelaerts, Merqato is ... Read more Read more ›
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Most popular sources
Business Insider
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35% 9 |
Financial Times
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14% 13 |
The Verge
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13% 8 |
Tom's Hardware
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7% 2 |
Gizmodo
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6% 3 |
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24.11.2024 01:09
Last update: 00:50 EDT.
News rating updated: 08:00.
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