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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Delft-based VSParticle (VSP), a supplier of nanoparticle synthesis and deposition tools is partnering with Meta’s Fundamental AI Research (FAIR) team and the University of Toronto (UofT) to advance clean energy solutions. This collaboration merges VSP’s advanced nanoporous layer printing technology, UofT’s testing platform, and Meta AI’s models to quickly create and test new materials. During ... Read more Read more ›
0
Hyvinkää-based Keto Software, a Finnish company specialising in Strategic Portfolio Management (SPM) solutions, has secured €6.4M in equity and €2M in loans through a recent funding round led by Emerald Technology Ventures. The round also saw investment from Greencode Ventures, Sinituote (Ilkka Brotherus), and Trauma Holding (Kimmo Rauma). The Finnish company aims to transform how ... Read more Read more ›
0
Stockholm-based Kodiak Hub, the one-stop-shop supplier relationship management (SRM) platform, announced on Wednesday that it has secured €6M in funding from B2B SaaS investment firm Oxx. The Swedish company will use the funds to accelerate its global expansion, particularly into the US. Talking about the expansion plan to Silicon Canals, Malin Schmidt, founder and CEO ... Read more Read more ›
1
Amsterdam-based Organic Development Finance (ODF) has secured a €10M senior loan from Dutch-based Invest International to support SMEs in emerging markets. These businesses, focused on organic agriculture, aggregate and export organic ingredients, linking smallholder farmers to global markets. The funding aims to expand ODF’s capacity to provide fair-priced working capital loans, promoting sustainable agriculture. For Invest ... Read more Read more ›
6
Overijssel, the Netherlands-based Qredits, a microfinance institution, has signed a new credit facility of €15M with ING Nederland. Elwin Groenevelt, CEO of Qredits, made the official announcement on LinkedIn through a post. “After a three-year absence, ING is fortunately part of the financiers of Qredits again,” says Groenevelt. “ING Bank was one of the founding ... Read more Read more ›
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Paris-based Twenty, the company behind open-source CRM, announced on Tuesday that it has secured $5M (approximately €4.7M) in a seed funding round led by Runa Capital. Other participating investors include the founders of HubSpot, Front, Cal.com, Sentry, and Photoroom, among others. The company will use the funds to further grow its open-source community, enhance its ... Read more Read more ›
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Bochum-based GEMESYS, a German AI hardware startup, has secured €8.6M in a pre-seed funding round. The investment was led by the Amadeus APEX Technology Fund together with Atlantic Labs, with additional contributions from NRW.BANK, Sony Innovation Fund, and Silicon Valley’s Plug and Play Tech Center. The round was also supported by grant funding from the ... Read more Read more ›
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Amsterdam-based TRACT, a SaaS platform focused on improving sustainability in agricultural supply chains, has secured $11.2M (approximately €10.58M) in new funding. The round included investments from existing shareholders Archer Daniels Midland Company (ADM), Cargill, Louis Dreyfus Company (LDC), and Olam, alongside new support from The Working Capital Fund and Rabo Investments, Rabobank’s investment arm. Carrie ... Read more Read more ›
0
Amsterdam-based Celebratix, a blockchain ticketing startup, announced on Tuesday that has secured €1.1M in investments from numerous Dutch serial entrepreneurs, the Swedish VC uBIT, and the UK business angel Justin Rees. The Dutch company backed by Solana will use the funds to expand internationally, particularly in Sweden and the United Kingdom. “We are beyond excited ... Read more Read more ›
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Turku, Finland-based Serviceform, a company specialised in website lead generation for real estate and automotive/car sales, announced on Tuesday that it has reached break-even and secured €2.45M in new funding. Participants in the round include Virta Equity, BackingMind, Gorilla Capital, and entrepreneur and angel investor, Lasse Järvinen. The Finnish company will use the funds to ... Read more Read more ›
0
Amsterdam-based telecom startup Firsty has secured €5.1M in a Seed round of funding to drive its global expansion and innovation efforts. The investment was led by Speedinvest, with participation from the Dutch Founders Fund (DFF), led by Founding Partner Laurens Groenendijk, Just Eat co-founder. The round also included investors such as former KPN CFO Marcel ... Read more Read more ›
0
London-based Heim Health (formerly known as Ally Health), a healthcare company that provides on-demand clinical care, announced on Tuesday that it has secured €2.65M in a seed funding round. The round was led by Heal Capital and joined by Form Ventures, Portfolio Ventures, and Houghton Street Ventures. The funding will enable the UK company to ... Read more Read more ›
5
Amsterdam-based VanMoof, an e-bike manufacturer, announced on Monday that it has started its operations in the UK and will sell its latest models — the re-engineered S5 and A5, in its newly built Partner Network across the country. Currently, the sales network spans 8 locations – with 20 partners offering service for VanMoof bikes in ... Read more Read more ›
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Berlin-based Juna.ai, a company specialising in industrial process control through AI-driven automation, announced on Monday that it has emerged from stealth and raised $7.5M (approximately €7.1M) in Seed funding round. The funding round was led by Kleiner Perkins in participation from Norrsken VC as well as business angels, including John Doerr and ellipsis venture. The ... Read more Read more ›
0
London-based Goodstack, a SaaS and fintech platform empowering companies to integrate positive impact into what they do, has secured $28M (approximately €26.57M) in a Series A funding round. The investment was led by General Catalyst and supported by existing investors Morpheus Ventures and Repeat (formerly Jigsaw). Quentin Clark, MD of General Catalyst, says, “Goodstack enables ... Read more Read more ›
0
One of the biggest challenges facing businesses around the world is software development. While it has become ever easier to learn coding and write code, companies often struggle with the complexity of developing scalable, secure, and reliable software solutions. Into The Source, a Dutch scaleup is using innovative solutions and cloud technologies to help businesses ... Read more Read more ›
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Munich-based QPLIX, a company specialising in the digital management of complex portfolios, announced that it has secured €25M from Partech via its Growth Fund. With this investment, Partech joins Deutsche Bank, with both holding collectively a minority stake. The German company will use the funds to accelerate its growth objectives and international expansion plans into ... Read more Read more ›
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In the past few decades, the Netherlands has established itself as a key player in the startup ecosystem, facilitating an environment where innovation can thrive and grow. Having said that, South Holland is taking things to the next level thanks to its dynamic ecosystem, promoting creativity and driving economic growth. The rise of South Holland ... Read more Read more ›
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Bavaria-based The Exploration Company (TEC), a German space tech company, announced that it has raised $160M (approximately €151.72M) in a Series B round of funding. The investment was co-led by Balderton Capital and Plural, with additional participation from Bessemer Venture Partners, NGP Capital, French Tech Souveraineté, DeepTech & Climate Fonds (DTCF), and Bayern Kapital. Existing ... Read more Read more ›
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Skövde-based Forsway, a Swedish company providing end-to-end satellite communication solutions, has secured €2.3M in funding from the European Space Agency (ESA), supported by the Swedish National Space Agency (SNSA), to develop Xtend 5G. Antonio Franchi, ESA Head of the 5G/6G NTN Programme Office, says, “We believe hybrid communication technologies that integrate satellite, 5G NTN and ... Read more Read more ›
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23.11.2024 16:41
Last update: 16:35 EDT.
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