Düsseldorf, Germany-based Retraced, a SaaS platform for sustainability and compliance in fashion & textile supply chains, announced on Tuesday that it has secured €15M in a Series A funding round. The funding round was led by Partech, with participation from previous investors Alante Capital, Alstin Capital, Samaipata, and F-Log Ventures. The company will use the ... Read more Read more ›
3
Budapest-based PastPay, a B2B payment solutions provider, announced on Tuesday that it has secured €12M in a Series A funding round, led by Platina Capital, making it the largest B2B BNPL raise across CEE. Platina Capital is a global private equity and venture capital company. The VC company’s mission is to empower the most promising ... Read more Read more ›
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Czech-Slovak AI-powered HR system Sloneek, announced that it has raised €3.6M in its largest funding round, led by Purple Ventures II, alongside Venture to Future Fund and Vision Ventures, an existing investor. In 2022, Sloneek raised €1M from Presto Ventures and Vision Ventures, and in 2020 it received €350K from Vision Ventures. With over triple ... Read more Read more ›
1
Warsaw-based Petsy, a marketplace that connects pet owners with local petsitters, announced on Tuesday that it has secured €1M in its first funding round. The funding was supported by more than 30 business angels, including Piotr Wawrysiuk, founder of PsiBufet, and a group of private investors associated with Cobin Angels. The Polish company will use ... Read more Read more ›
21
Amsterdam-based Bazoeki, a platform for buying good puppies, announced that it has raised €450k in a new funding round from both current and new investors took part. The current shareholders include Ard Malenstein, CEO of IJsvogel Retail Group, as well as Coen van Beuningen and Dirk Schluter from Venture Capital Wise Bird, who invested in ... Read more Read more ›
0
In April this year, Milan-based Bending Spoons, a provider of digital technology products, announced the acquisition of WeTransfer, a digital file-sharing and collaboration platform, for an undisclosed amount. Fast forward five months, the Italian company is planning to lay off 75 per cent of WeTransfer’s employees, reports TechCrunch. Bending Spoons says it will let go ... Read more Read more ›
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London-based Atomico, a venture capital firm, announced on Monday that it has secured $1.24B (approximately €1.12B), marking its largest-ever fundraising to date. Out of the total, $754M (approximately €681M) will be allocated towards Atomico Growth VI, which partners with entrepreneurs from Series B to pre-IPO. The remaining $485M (approximately €438M) goes to an early-stage fund ... Read more Read more ›
3
Stockholm-based Baseload Capital, a company specialised in scaling up geothermal energy worldwide, announced recently that it has secured €53M in a Series B funding round led by an investment from infrastructure fund ENGF. The main investor behind ENGF is Ingka Investments – the investment arm of Ingka Group, the largest IKEA retailer. Other shareholders participating ... Read more Read more ›
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In today’s fast-paced world, with new innovations emerging every minute, it is easy to feel overwhelmed when it comes to covering every significant update that could shape the future. This week, from September 2nd to September 6th, has been no exception. Amid the array of major announcements and cutting-edge innovations, several noteworthy news might have ... Read more Read more ›
10
Perwez-based Soil Capital, a Belgian B-Corp company specialising in regenerative agriculture, has completed its €15M Series B funding round. The company focuses on addressing social, environmental, and economic needs through its low-carbon transition initiatives for farms. The round was led by Trill Impact Ventures, with participation from Société Fédérale de Participations et d’Investissement (SFPIM), Sandwater, ... Read more Read more ›
1
Amsterdam-based Winc Academy, an online education platform, announced recently that it will become a part of the Complementair Groep (DCG) family from September 2, 2024. Noor Gerrits, CEO of Winc Academy, says, “My goal is to strengthen Winc Academy as a leading educator in the tech sector by continuing to search for the best innovative ... Read more Read more ›
12
Munich-based Zählerfreunde, a cleantech startup, announced that it has secured a seven-figure investment in a seed round of funding completed on August 26. This development follows a pre-seed round in 2022 with investors including Enpulse, Erich Wex, and capacura. The company has now attracted two new investors, Salzburg AG and Stadtwerke Herne, in addition to ... Read more Read more ›
10
Netherlands-based Aqqo, a venue management software provider, announced that it has acquired LVP, a Dutch software provider for managing sports facilities and community venues, primarily serving municipalities since 1988. Founded by Hein Lambert as Lambert Venture Promotion BV, LVP evolved from a consultancy into a software house, developing a range of software packages, including AMIS ... Read more Read more ›
0
Amsterdam-based SET Ventures, a VC firm that invests in digital technology to promote a carbon-free energy system, announced on Thursday, September 5, that it has closed its fourth fund SET Fund IV – at €200M. The Dutch VC announced its fourth fund in September 2023 to invest in 20-25 European innovators in the energy transition ... Read more Read more ›
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Brussels-based Cowboy, an electric bike company, has closed its €5M funding round, with Cypress Capital as a new strategic investor. As Cowboy’s first Asian investor, Cypress Capital brings strong ties to Taiwan’s bicycle manufacturing hub, enhancing Cowboy’s global supply chain. The round also includes support from existing investors, including Index Ventures, Hardware Club, Future Positive ... Read more Read more ›
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Augsburg-based Reonic, a climate tech SaaS startup, has secured €13M in a Series A round of funding. The round, led by Northzone, also includes contributions from existing investors Point Nine and Puzzle Ventures. Northzone mentions in a statement that Europe has over 200,000 SMEs specialising in renewable energy technology installation for buildings, but these businesses ... Read more Read more ›
0
Eindhoven-based LUMO Labs, the Dutch fund manager behind impact-driven investment funds in emerging technologies, has appointed Linn-Cecilie Linneman and Jorge Blasco as new team members in Norway and Spain, respectively, ensuring local representation in these strategic regions. This development follows the launch of their €100M investment fund, aimed at commercialising emerging digital technologies for a ... Read more Read more ›
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Safe Superintelligence Inc. (SSI), a US-based newly co-founded company by OpenAI’s former chief scientist Ilya Sutskever, has announced that it raised $1B (approximately €902.1M) in funding. The investment was led by NFDG, an investment partnership by Nat Friedman and SSI’s CEO Daniel Gross. The round also saw participation from a16z (Andreessen Horowitz), Sequoia Capital, DST ... Read more Read more ›
0
Salt Lake City, US-based L2L, a company specialised in connected workforce solutions, announced on Wednesday that it has acquired Amsterdam-based SwipeGuide. SwipeGuide is a B2B SaaS company that specialises in frontline training solutions, dedicated to simplifying complex processes through an intuitive mobile app. Deployed across 93 countries, SwipeGuide simplifies frontline training for more than 300,000 ... Read more Read more ›
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Vilnius, Lithuania-based Airvolve, a deep-tech aerospace startup, announced on Wednesday that it has secured €825K from Coinvest Capital and Baltic Sandbox Ventures, along with several business angels. Out of the total, Coinvest Capital’s contribution to the investment amounts to €510K. The investment will help the company develop a fully functional MVP aircraft, with pre-orders expected ... Read more Read more ›
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24.11.2024 09:43
Last update: 09:35 EDT.
News rating updated: 16:30.
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