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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Rotterdam-based Everday, a technology startup offering an AI-driven skill management platform, has secured €300K as part of its pre-seed funding round. The investment came from Builders Studio, a startup studio for SaaS companies. The pre-seed funding round is expected to close by December 2024. Officially launched today, (October 1, 2024), the AI-driven skill management platform ... Read more Read more ›
3
The capital city of the Netherlands continues to be the hotspot for innovation and entrepreneurship. In Q3 2024, several Amsterdam startups successfully raised considerable funding, marking a period of growth, opportunity, and investors’ confidence. This funding not only boosts the city’s growth reputation but also brings multiple opportunities for job seekers. In this article, we ... Read more Read more ›
1
Amsterdam-based Pluq, a specialist in electric vehicle charging solutions, has received a €50M framework credit facility from Swedish investor P Capital Partners. Pluq advocates slower charging as a more efficient and cost-effective solution, which helps mitigate issues on the electricity grid. “Because many parties focus on fast charging and public charging, there is a world ... Read more Read more ›
0
American technology company Microsoft and Eindhoven’s voice recognition software provider Autoscriber, have announced a strategic collaboration to advance the commercialisation of Autoscriber’s platform across the EMEA region. Founded in 2021 by Jacqueline Kazmaier and Koen Bonenkamp, Autoscriber develops AI-powered speech recognition and natural language processing technologies to extract structured data from conversations between physicians and ... Read more Read more ›
1
Vilnius-based Ovoko is an online marketplace for auto parts, connecting car parts sellers, auto dismantlers, recyclers, car dealers, mechanics, and enthusiasts. Recently, the Lithuanian company announced that it has secured €20M in Series B funding from Smash Capital. Based out of Los Angeles, Smash Capital is a later-stage VC firm. The VC focuses on consumer ... Read more Read more ›
2
Paris-based Lockall, a startup specialising in storage solutions for both individuals and businesses, has secured €155M in funding from a subsidiary of the American investment firm Starwood Capital Group. In a statement translated from French, Will Lawler, VP of Starwood Capital Group, says, “We are delighted to support Lockall in its growth strategy in the ... Read more Read more ›
0
Utrecht-based Whoppah, a marketplace for secondhand design interior & art, announced that it has officially acquired the assets of Design Market, a marketplace specialising in interior design and home furniture. Founded in 2014 by Lionel Obadia and David Mimouni, Design Market is dedicated to vintage and second-hand furniture that offers a trusted framework for purchasing ... Read more Read more ›
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Berlin-based Briink, an AI startup focused on supporting ESG (Environmental, Social, and Governance) and sustainability teams, has raised €3.85M in a seed round of funding. EquityPitcher Ventures and 13books Capital co-led the investment, which was further supported by existing investors, including Merantix, seed + speed Ventures, and notable angel investors. Spencer Lake, Partner at 13books ... Read more Read more ›
0
Berlin-based Atlas Metrics, an ESG data platform, announced on Monday that it has secured €12.2M in a Series A funding round led by MMC Ventures. Other existing investors, including b2venture, Cherry, and Redstone, also participated. The German company will use the funds to invest in its team, expand into new markets, and develop its ESG ... Read more Read more ›
0
The wheel, a circular device, has been pivotal in advancing human progress through innovation. However, if you ever wondered how the wheel can evolve in the 21st century then this Norwegian startup might have the answer. Founded by Rolf Libakken and Atle Tiemenes in 2013, wheel.me has been around for more than a decade but ... Read more Read more ›
0
As the week draws to a close, it’s time to catch up on some noteworthy stories that may have flown under our radar. Here’s a quick roundup of key news highlights from September 23 to 27 that you might have missed. Fundu secures €200M loan from Pollen Street Capital Fundu, a company that claims to ... Read more Read more ›
2
Helsinki-based Distance Technologies Ltd, a developer of glasses-free mixed reality technology for the automotive, aerospace, and defence industries, announced on Tuesday, September 24, that it has closed a €10M seed funding round. The round was led by GV (Google Ventures), with FOV Ventures and Maki.vc also participating. Roni Hiranand, Principal at GV, says, “We believe ... Read more Read more ›
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Amsterdam-based Invest-NL, a national financing and development institution, has partnered with the European Commission’s Alternative Fuel Infrastructure Facility (AFIF) to finance emission-free public transport. The deal under this partnership was announced today, with Invest-NL providing a €5M loan to support Qbuzz bv’s transition from diesel to electric buses. The project, which also includes a €3.9M ... Read more Read more ›
1
In a recent development, the world’s first commercial-scale seaweed farm has begun operations off the Dutch coast in the North Sea. Covering an area of five hectares, the North Sea Farm 1 aims to test and enhance seaweed cultivation techniques while conducting pioneering scientific research to explore the potential of seaweed farms in capturing and ... Read more Read more ›
2
Berlin-based Distribusion, a B2B ground transport marketplace, announced on Thursday that it has secured $80M (approximately €71.7M) in an oversubscribed Series C funding round. The round was led by TQ Ventures, with super pro-rata participation from existing investor Lightrock. The German company will use the funds to accelerate global expansion and invest in technology for ... Read more Read more ›
3
Amsterdam-based Mews, a provider of hospitality management cloud, announced on Thursday that it has secured $100M (approximately €90M) in financing from Vista Credit Partners, the subsidiary of Vista Equity Partners. Vista Credit Partners is a strategic credit and financing partner focused on the enterprise software, data, and technology markets. Richard Valtr, Founder of Mews, comments, ... Read more Read more ›
0
Zurich-based Orderfox, an AI scaleup that develops multisector industrial research and analytics solutions, announced on Thursday that it has received a company valuation of over €1B from the independent M&A specialist consultancy Trown Partners. Patrick Eggimann, Partner at Trown Partners AG, comments, “The evaluation of Orderfox Schweiz AG underlines the enormous potential of its innovative ... Read more Read more ›
2
In today’s rapidly growing technological landscape, startups are at the forefront of innovation, driving transformation across various industries. The defence industry, currently undergoing radical changes, is no exception. With global security concerns on the rise and threats becoming increasingly complex, there’s a growing need for advanced, cost-effective solutions. Consequently, a new set of companies is ... Read more Read more ›
3
London-based Raycast, a software company, announced on Wednesday that it has raised a $30M (approximately €27M) Series B funding round led by Atomico. Other investors, including Accel, Coatue, Y Combinator, Atlassian Ventures, World Innovation Lab, and notable angels Guillermo Rauch (CEO of Vercel), Thomas Dohmke (CEO of GitHub), and Tobi Lütke (CEO of Shopify), also ... Read more Read more ›
5
Findable, an Oslo-based startup specialising in automating building documentation through artificial intelligence (AI), has raised €9M in a Series A funding round. The round was led by Point Nine, with contributions from KOMPAS VC, Construct Venture, and Lake Eight. Christoph Janz, Managing Partner at Point Nine, says, “Findable is transforming how building documentation is managed, ... Read more Read more ›
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Most popular sources
Business Insider
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45% 0 |
Financial Times
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12% 11 |
The Verge
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10% 4 |
Tom's Hardware
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7% 2 |
Gizmodo
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6% 3 |
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24.11.2024 03:40
Last update: 03:10 EDT.
News rating updated: 10:30.
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