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
Paris-based health insurance partner Alan has raised €173M in a Series F funding round led by Belfius, a Belgian Federal State-owned bank insurer. With this round, the company has reached a valuation of €4B. Besides Belfius, the round also saw participation from existing investors including OTPP via Teachers’ Venture Growth, Temasek, Coatue, and Lakestar, as ... Read more Read more ›
9
Netherlands-based former automaker Lightyear is making a comeback after bankruptcy, having raised €10M to develop its solar roof technology further. According to NRC, the funds will enable Lightyear to enhance its production capabilities at its facility in Venray (Netherlands), where advanced machinery allows for the layering of flexible solar panels. With a current capacity of ... Read more Read more ›
9
The Hague-based Young Startups, a Dutch organisation dedicated to fostering entrepreneurship, has launched a new loan initiative aimed at supporting early-stage startup founders across the Netherlands. The programme offers up to €20,000 per co-founder, providing financial support to young innovators in the country’s startup ecosystem. Founded in 2024, Young Startups empowers innovators pushing boundaries with ... Read more Read more ›
0
Tallinn-based Superangel, an early-stage investment fund and company builder, announced that its second fund will increase its investment capacity to nearly €40M with the addition of SEB’s pension funds. This capital will be directed toward innovative tech companies in Estonia, the Baltic States, and the Nordic countries. Superangel’s partner Marko Oolo emphasised that SEB’s involvement ... Read more Read more ›
30
London-based Datamaran, an ESG risk management software platform, announced that it has raised $33M (approximately €29.52M) in a Series C round of funding. The funds will support the company’s expansion in the US and Europe and advance its generative AI initiatives. Prior to this, in September 2022, the UK-based company raised £11.7M in its Series ... Read more Read more ›
25
Groningen-based Future Tech Ventures (FTV), on Thursday, announced the official launch during the Startup Festival in Groningen. The proof-of-concept fund has a size of approximately €20M and is partly financed by a European subsidy from the Just Transition Fund (JTF) of €10M. The remaining financing comes from the collaborating partners in FTV and co-investors, including ... Read more Read more ›
0
Those working in the tech industry will remember 2021 as a banner year for both VC funding and unicorn creation. That year, it seemed like a new billion euro company was minted every week, and in fact, with a final tally of 69 for 2021, it was a huge increase on 2020’s number of unicorns ... Read more Read more ›
0
Utrecht-based Cordys Analytics, a startup that aims to transform heart care using Artificial Intelligence (AI), has been awarded €650K in funding from Health Holland and the EU. The grant comes from the Dutch company’s €800K Eurostars grant in June with UMC Utrecht and MedicalCSE. Connecting human and AI in cardiology Cordys Analytics is transforming heart ... Read more Read more ›
0
London-based Yonder, a rewards credit card challenger, announced on Thursday that it has raised £23.4M (approximately €27.8M) in new funding at a post-money valuation of over £100M (approximately €119M). The funding round was led by Dan Jones through Repeat (formally Jigsaw), and Gareth Jefferies through RTP Global with support from Remus Brett through Latitude, the ... Read more Read more ›
0
In recent developments, the federal government, KfW, the financial sector, and players from the startup ecosystem have agreed on joint efforts to strengthen growth and innovation financing in Germany. On September 17th, a joint declaration of intent was signed at the Startup Germany Summit, assuring a commitment to Germany as a financial centre and promoting ... Read more Read more ›
15
Utrecht-based Effective Media & Marketing (EMM), the holding company of Scoupy founders Geert Luyendijk, Jeroen Lubbers, and Valentijn Bras, is selling its majority stake in Amsterdam’s Hiiper to Woolsocks AG. Woolsocks, a Swiss money app, was created to help people regain control through smart technology. It simplifies financial management and empowers users to take charge ... Read more Read more ›
0
Amsterdam-based Return, an energy transition platform, announced on Thursday that it has acquired a majority stake in Hamburg-based J&P Batterie Projekte with a €50M investment and commitment. The announcement comes as the Dutch company aims to expand its renewable energy market in Germany. What does this acquisition solve? Storage is the bottleneck of the energy ... Read more Read more ›
3
Headline, a Europe- and SF-based venture capital firm, announced that it has raised $865M (approximately €776.57M) for its Global Growth IV fund to support companies at their growth inflection points, focusing on Series B and beyond. Christian Leybold, Founding Partner of Headline, says, “The European tech ecosystem is still in its early stages, with lots ... Read more Read more ›
3
Amsterdam-based Kryha, a blockchain studio, announced on Wednesday that it has been declared bankrupt. According to Tobias Disse, CEO and Co-founder of Kryha, the announcement came after a challenging period for the company, which began with the loss of a big client about a year and a half ago. “It started about a year and ... Read more Read more ›
2
Bulgaria’s Ekaterina Zaharieva has been selected as the EU’s first-ever Commissioner for Startups, Research, and Innovation for the next five years (2024-2029). The announcement was made by European Commission President Ursula von der Leyen, who was elected for a second mandate. Zaharieva, a member of Bulgaria’s GERB party, is an experienced politician, having served as ... Read more Read more ›
0
Milan-based BizAway, a travel booking solution provider, announced that it has secured €35M investment from Mayfair Equity Partners (Mayfair). This partnership aims to accelerate BizAway’s growth in existing and new markets. Mayfair Equity Partners is a technology and consumer-focused investor with over £2B in assets. Yusuf Hoballah, Partner at Mayfair, says, “Anyone who has travelled ... Read more Read more ›
2
Are you ready to step into the future of fintech? The Amsterdam Fintech Event (AFE) 2024 is just around the corner, and it’s the perfect opportunity for fintech professionals, innovators, and tech enthusiasts to gather, learn, and network under one roof. Organised jointly by The Vereniging Holland Fintech (Holland Fintech Association) and Cognito Amsterdam, this ... Read more Read more ›
3
Amsterdam-based CarePay International, a company that aims to make healthcare more affordable and accessible, announced that it has raised €10M in fresh funding. The funding round included both existing and new investors. The Reinsurance Group of America (RGA), a Fortune 500 company, joins as a new long-term strategic investor. Kenneth Schuit, Vice President of Ventures ... Read more Read more ›
2
Lyon, France-based Brenus Pharma, a biotech company specialising in developing cancer vaccines, announced on Wednesday that it has secured €22.2M in a Series A funding round. The round is led by Angelor, an investment fund bringing together a cluster of investors from the Auvergne-Rhône-Alpes (AURA) region. This group includes UI Investissement for the Fonds régional ... Read more Read more ›
17
Gent-based FixForm, a collaborative platform for building management and maintenance, announced that it has secured €1.5M in a fresh round of funding from a select group of Belgian investors. The investment came from Pitchdrive, Imec.istart, Delaware Ventures and StarApps, along with angel investors like Lorenz and Boris Bogaert, Wim Derkinderen, Koen Christiaens, Stefan and Dieter ... Read more Read more ›
1
Most popular sources
Business Insider
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23% 29 |
Financial Times
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16% 16 |
The Verge
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15% 10 |
Tom's Hardware
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9% 5 |
Gizmodo
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9% 0 |
| View sources » | |
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24.11.2024 06:05
Last update: 06:00 EDT.
News rating updated: 13:03.
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