London-based Fuse Energy, a renewable energy company, announced that it has secured $12M (approximately €10.77M) in strategic funding to develop Project Zero, a decentralised renewable energy network. The goal for Project Zero is to become the world’s largest decentralised energy network, with its token serving as a global currency and settlement layer for energy. The ... Read more Read more ›
16
London-based NetMind, an AI company that aims to advance Artificial General Intelligence (AGI), announced on Tuesday that it has invested £2M (approximately €2.3M) in TG0, a London-based developer of AI-powered human-machine interfaces. According to the company, the investment was finalised in Q3, 2023, but it is being announced by the companies today in line with ... Read more Read more ›
1
The European Investment Bank (EIB), on Monday, September 16, announced that it has signed a €40M credit facility with Stark Future to finance the company’s research, development, and innovation activities in the electric motorcycle sector.  The European Investment Bank’s investment in Stark Future is backed by the European Union under InvestEU, which aims to mobilise ... Read more Read more ›
9
Amsterdam-based Bloom & Wolf, a premium silk flower provider, announced that it has acquired Mock Flower, a competitor in Amsterdam’s silk flower market. Mock Flower aimed to ease the strain on the fresh flower supply chain by providing high-quality silk flowers and personalised service to consumers and corporate clients. Aim of the acquisition This acquisition ... Read more Read more ›
1
Ghent, Belgium-based Timefold, a software startup, announced on Tuesday that it has secured €6M from Lakestar, an early investor in Spotify, Revolut, Sennder, and others. The announcement comes over a year after raising €2M pre-seed funding round led by returning investor Smartfin in March 2023. The Belgian company will use the funds to launch its ... Read more Read more ›
6
Italy-based Renewcast, a company specialised in wind energy generation forecasting, announced recently, that it has secured €2M through a SAFE/CLA funding round. The funding round was led by South Western Power Group (SWPG), a division of MMR Group, a major player in power transmission and renewable energy in the US. It was followed by CDP ... Read more Read more ›
20
Munich-based Reactive Robotics, a healthcare startup specialising in AI and robot-assisted mobilisation for hospitals and care settings, announced that it secured an additional €5M in funding. The investment came from investors including Dr. Doll, TQ-Group, Henrik Schunk, Stephan Huber, and the EIC Fund. Dr. Theo Doll says, “We firmly believe in Reactive Robotics’ potential to ... Read more Read more ›
2
Warsaw-based PFR Ventures, Poland’s Development Financial Institution, that provides capital to venture capital and private equity funds, announced on Monday that it has invested in 4 new early-stage VC funds. The funds include — 24Ventures, Digital Ocean Ventures Starter, Hard2beat, and Tar Heel Capital Pathfinder. The total capitalisation of the new funds exceeds PLN 250M ... Read more Read more ›
1
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. Partnership with FounderFuel In a collaborative effort, FounderFuel, an entrepreneurship ... Read more Read more ›
0
Berlin-based Smalt, a talent development and technology services platform for the green trades sector, announced on Monday that it has secured €8M in a pre-emptive seed funding round. The round was led by noa (formerly A/O) and joined by existing investors General Catalyst, Owl Ventures, and Heartfelt (formerly APX). The German company will use the ... Read more Read more ›
6
Paris-based Samp, an AI-generated digital twin solution providing real-time insights into sensitive industrial sites, has closed €6M funding round. The funding round was led by US-based Promus Ventures, with additional investment from Kvanted, a Northern European VC firm specialising in industrial technology. Jeremy Teboul, Vice President at Promus Ventures, says, “We are excited to partner ... Read more Read more ›
1
Invest-NL, a Dutch national financing and development institution, announced on Tuesday that it will receive additional resources until 2029 through its coalition program with the Netherlands’ government to strengthen its impact. The announcement comes as a part of the outline agreement and aims to bolster core capital, which plays a critical role in supporting the ... Read more Read more ›
0
Netherlands-based Planon, a smart building management software provider, announced that it has expanded its strategic partnership with Schneider Electric, a Paris-based company specialising in energy management and automation. On December 17, 2020, Schneider Electric acquired a 25 per cent minority stake in Planon Beheer BV through a strategic investment. On July 30, 2024, Schneider Electric ... Read more Read more ›
2
Munich-based Symphera, a medical device startup, announced on Monday, that it has secured €2.4M in a seed financing round led by High-Tech Gründerfonds (HTGF). The round was led by HTGF with participation from Bayern Kapital, CARMA FUND, UnternehmerTUM Funding for Innovators, Stern Stewart Ventures, IRCAD, and expert business angels. The German company will use the ... Read more Read more ›
0
Tech is ever-evolving, and in this fast-paced world, it’s challenging to cover every story. We strive to bring you the latest updates, but occasionally, some noteworthy news slips through our radar. And this week (9th to 13th September) was no exception. However, we want to make sure that you don’t miss out on these noteworthy ... Read more Read more ›
7
Berlin-based Habyt, a provider of flexible living spaces, announced that it has secured €40M in a fresh round of funding led by Mars Growth Capital, a joint venture between MUFG and Liquidity Group. This funding highlights Habyt’s annual net revenue growth and its trajectory toward cash flow positivity, as it plans to achieve group-level profitability ... Read more Read more ›
2
Paris-based Bib Batteries, a startup specialising in the management of batteries throughout their lifecycle, announced on Tuesday that it has secured €2.2M in funding from Family Ventures. Others, including NextGear Ventures, SuperCapital, Wendel Family Office, and Techstars Paris, also participated. The French company will use the funds to accelerate its mission of extending the lifecycle ... Read more Read more ›
18
LIOF, the Limburg development and investment company, announced that it is investing in SpecifAi Parking, a Dutch-based business intelligence tool designed to optimise parking management for operators, property owners, and municipalities. Rob Wammes, Investment Manager at LIOF, says, “SpecifAi Parking is a promising scale-up within the digitalisation transition in Limburg. This company offers an attractive ... Read more Read more ›
2
Vaud, Switzerland-based ClearSpace, an in-orbit servicing (IOS) company, announced on Wednesday that it has been selected by the UK Space Agency after completing the preliminary design phase of the CLEAR mission. The UK Space Agency also invested £2.35M (approximately €2.75M) in the Swiss company. Consequently, the company plans to achieve ambitious objectives by March 2025. ... Read more Read more ›
1
The Shell Impact Fund, which backs entrepreneurs dedicated to a just and inclusive energy transition, announced that it has added four new companies to its portfolio. These companies focus on providing solutions that assist households and small businesses in navigating the energy transition. Anne Schreuder, Societal Impact Director at Shell and Chairman of the Fund’s ... Read more Read more ›
9
Most popular sources
Business Insider
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25% 29 |
Financial Times
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17% 16 |
The Verge
|
16% 11 |
Tom's Hardware
|
9% 4 |
Gizmodo
|
8% 0 |
| View sources » | |
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24.11.2024 06:57
Last update: 06:50 EDT.
News rating updated: 13:51.
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