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
Munich-based Reverion, a company building reversible, carbon-negative power plants, announced on Friday that it has secured $62M (approximately €56M) in an oversubscribed Series A funding round, including non-dilutive funding. The funding round was led by Energy Impact Partners (EIP) with Honda and the European Innovation Council Fund (EIC Fund) participation. Existing investors Extantia Capital, UVC ... Read more Read more ›
11
Copenhagen-based MATR, a foodtech startup, announced on Thursday that it has signed a €20M loan agreement with the European Investment Bank (EIB) to expand production of plant-based meat alternatives. “Our products have been received overwhelmingly well by chefs, restaurants, and consumers, clearly confirming the appetite for cleaner, healthier, and more juicy alternatives to meat,” says ... Read more Read more ›
4
Who runs the world? Spreadsheets. While this is a reality across a number of industries, the alternative investment industry is not distant from the world of spreadsheets. Ankur Agarwal, co-founder and CTO of PE Front Office says before software and technology became ubiquitous, investment professionals depended on spreadsheets, isolated shared drivers, and in-house developed systems ... Read more Read more ›
4
London-based DELLI, an independent food and drink platform, announced on Thursday that it has secured $6M (approximately €5.4M) in a Seed extension round. The funding round was led by existing investors Balderton and HV Capital, alongside Simon Beckerman, DELLI’s founder and Chief Creative Officer. The company will use the funds to expand its offering of ... Read more Read more ›
1
The Netherlands-based XS Innovations, a spinoff from Leiden University Medical Center (LUMC) and Delft University of Technology (TU Delft), has secured €1.1M in a seed round of funding. The investment came from FIRST fund (Fonds InvesteringsRijpe STarters), Medtech TTT Fund (managed by Innovation Industries), UNIIQ, Delft Enterprises, Libertatis Ergo Holding, and the Graduate Entrepreneur Fund. ... Read more Read more ›
0
Schiedam, the Netherlands-based Battolyser Systems, a developer of the world’s only electrolyser with battery functionality, announced that it has secured a €30M Series A investment round from Invest-NL, Global Cleantech Capital, and Innovation Industries. Out of the total, Invest-NL invested €8.2M in the Dutch company. With this investment, Invest-NL has exceeded the €1B mark in ... Read more Read more ›
0
Amsterdam-based Talk360, an international calling app from South Africa and the Netherlands, announced that it raised $1.4M (approximately €1.27M) in a pre-Series A round of funding. The funding will support the company’s next growth phase, aiming to reach seven million people and achieve profitability. The round was led by “long-standing investor” Havaic. The pre-Series A ... Read more Read more ›
19
Delft-based Momo Medical, a company that improves patient safety through technology, announced on Thursday that it has secured €6.5M in funding from pension manager PGGM, NextGen Venture, and other renowned investors. It includes Jay Searson, UNETI Ventures, and the Centre for Aging + Brain Health Innovation. With this funding, the Dutch company plans to finance ... Read more Read more ›
0
Eindhoven-based Morphotonics, a company providing nanoimprinting technology solutions, announced the launch of its Series B financing round on its 10th anniversary, securing over $10M (approximately €9M) in the first closing. A second closing is expected by the end of the year. The company aims to transform global display technology by advancing 3-D displays, making Augmented ... Read more Read more ›
27
Amsterdam-based Brineworks, a company specialised in seawater electrolysis technology, announced on Thursday that it has secured $2.2M (approximately €1.9M) in funding led by VC firm Pale blue dot. This latest investment will help the Dutch company accelerate its technical development and will be key to deploying its first technical pilot project. “Current CO2 capture methods, ... Read more Read more ›
3
London-based Form3, a cloud-native account-to-account platform, announced on Tuesday, September 11, that it has secured $60M (approximately €54M) in Series C Extension with new investment from British Patient Capital alongside existing shareholders, including Visa. The latest funding brings Form3’s Series C funding round to a total of $220M (approximately €200M) at a valuation of $570M ... Read more Read more ›
10
Glasgow-based SOLASTA Bio, an agri-biotech startup specialising in green insecticides, has secured $14M (approximately €12.67M) in an oversubscribed Series A round of funding. The proceeds will drive the development of the company’s peptide-based, nature-inspired bioinsecticides, which are the first of their kind globally. With this round, SOLASTA Bio has now raised a total capital of ... Read more Read more ›
5
Are you a European startup founder looking to stay ahead in tech? If yes, then TechEx Europe 2024 is the event you can’t afford to miss! Scheduled for October 1 – 2 at RAI, Amsterdam, TechEx Europe 2024 will gather top-tier experts from across the technology spectrum under one roof. Whether you’re passionate about AI, ... Read more Read more ›
3
Rotterdam-based Spatium Medical, a medtech spinoff from Erasmus MC, has secured €5M in a fresh round of funding. The round saw investment from new investors, including InnovationQuarter and Demcon Investment Fund. Existing investors Van Herk Ventures and Swanbridge Capital also participated in this round. Prior to this round, in December 2023, Spatium Medical secured funding ... Read more Read more ›
23
London-based tem., an AI-powered energy transactions platform, announced that it has raised £10.5M (approximately €12.45M) in a Series A round of funding. The investment was led by European venture capital firm Atomico, with participation from existing investors AlbionVC and Revent. The round also saw participation from angel investors, including Holly and Sam Branson and Wise ... Read more Read more ›
1
Stockholm-based Starhive, a no-code app builder, announced on Friday that it has raised $3M (approximately €2.7M) in a seed funding round led by Nordic venture capital firm node.vc, with node Partners Andy Johnston & Henrik Tellving joining the board. “This funding allows us to propel both the company and our products further than ever before,” ... Read more Read more ›
9
Oslo-based Vind AI, a SaaS B2B company offering software solutions for the wind industry, announced on Wednesday that it has raised €3M in a seed funding round led by Norrsken VC. The round includes participation from Spacemaker founders, Arkwright X, and employees. “Our overall goal is to establish Vind AI as the industry standard for ... Read more Read more ›
51
London-based Puraffinity, a startup developing technologies to remove perfluoroalkyl and polyfluoroalkyl substances (PFAS) from water, announced on Tuesday that it has secured £6.73M (approximately €7.9M) in new investment from BGF. BGF’s investment completes Puraffinity’s £16.93M (approximately €20M) Series A funding round, following existing funding from Octopus Ventures, HG Ventures, Kindred Capital, and Verve Ventures, as ... Read more Read more ›
3
Amsterdam-based Churned, an AI platform for subscription businesses, announced that it raised €2.5M in a funding round led by Newion and Volta Ventures, with support from existing investor Goldfish. The funds will fuel growth and international expansion and help businesses predict and prevent churn, boosting customer lifetime value. Sander Vonk, Managing Partner at Volta Ventures, ... Read more Read more ›
2
Rotterdam-based Hardt Hyperloop, a hyperloop network technology platform, announced that it has successfully tested its hyperloop vehicle at the European Hyperloop Center (EHC) in Veendam (Netherlands) during the European Hyperloop Center Grand Event. The European Hyperloop Center is an open test facility with 34 connected hyperloop tubes, each 2.5 meters in diameter, and features a ... Read more Read more ›
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Most popular sources
Business Insider
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26% 28 |
Financial Times
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16% 15 |
The Verge
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15% 9 |
Tom's Hardware
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9% 5 |
Gizmodo
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7% 2 |
| View sources » | |
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24.11.2024 07:56
Last update: 07:50 EDT.
News rating updated: 14:50.
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