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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We are celebrating Silicon Canals’ 10th anniversary! Inspired by the Amsterdam canals and the passion of the founders, Remco Janssen launched Silicon Canals in 2014 to provide essential startup news across Europe. He mentions, “Looking back at 2014, I realised there was a lack of reliable startup news sources for insiders and outsiders. As a ... Read more Read more ›
6
Rotterdam-based Coolblue, an e-commerce company, announced on Thursday, August 29, that it is planning to accelerate its growth in Germany by investing around €150M in its growth plans in the coming years. The company is self-financing the plans with the existing shareholders. As part of this, HAL is buying 7.5 per cent of the shares ... Read more Read more ›
9
In a recent development, Janet Nieboer of ROM InWest and Westfriese Bedrijvengroep (WBG) chairman Hans-Peter Baars announced that they have signed a Pearl Agreement, solidifying ROM InWest’s role as the Pearl of the WBG. “Officially, we are now Pearl of the WBG. Together, we take entrepreneurs further within sustainability and innovation. We look forward to ... Read more Read more ›
9
Amsterdam-based Carbon Equity, a climate venture capital and private equity investment platform, announced on Friday that it has launched a new fund — Climate Infrastructure Fund I. The fund is focused on investing in climate infrastructure projects like hydrogen and biogas production facilities, solar parks, sustainable transmission systems, EV charging stations, and battery storage systems. ... Read more Read more ›
2
Enschede-based 20face, a Dutch scale-up specialising in privacy-proof facial recognition software, announced that it secured €1.3M in a fresh round of funding. The investment includes contributions from existing shareholders including Value Creation Capital and Oost NL, and new shareholder Twinning Participaties. In a statement translated from Dutch, Matthijs Berkelaar, investment manager Tech at Oost NL, ... Read more Read more ›
3
London-based Attio, a Customer Relationship Management (CRM) software provider, announced that it has raised $33M (approximately €29.78M) in funding to redefine CRM by delivering “groundbreaking”, AI-driven features. The investment was led by existing partners Redpoint Ventures, Balderton Capital, and Point Nine, with new support from 01 Advisors. Since launching last year, Attio claims to have ... Read more Read more ›
1
Amsterdam-based Seenons, a tech startup that aims to solve the growing challenge of waste, announced on Thursday that it has acquired Waste Group Denmark. With this strategic move, the Dutch company aims to significantly expand its European activities and strengthen its position as the leading waste platform in Europe. The announcement comes a year after ... Read more Read more ›
1
Berlin-based FEMNA Health, an e-health brand for female health, announced it has received seven-figure growth funding led by existing investors, including Berlin Angel Fund, Atreyu Investments, Cimexia GmbH, IBB Capital GmbH (supported by the KfW/IBB program “BerlinInnoGrowth”), as well as new strategic investors. The company will use the funds to expand its presence in the ... Read more Read more ›
2
Amsterdam-based SELANA, an e-mobility startup, announced on Thursday that it has introduced SELANA Alpha, the upcoming first legally approved E-step in the Netherlands. SELANA Alpha, developed after five years of R&D, is scheduled for Q4 2024 launch. With this, the Dutch company aims to offer a safe, sustainable, and convenient alternative to cars in cities. ... Read more Read more ›
16
Lund-based SmiLe Inject Capital, part of the SmiLe Venture Hub, is investing SEK 9M (€800K) in three life science startups, including Uman Sense, Nygen Analytics, and Aligned Bio. SmiLe Inject Capital is a Swedish angel investment firm dedicated to supporting life science companies within SmiLe’s ecosystem, aiming to commercialise innovations that enhance global health. All ... Read more Read more ›
15
London-based Tract, a proptech startup specialised in sourcing potential building sites and acquiring planning permissions through AI, announced that it has secured undisclosed investment co-led by Ada Ventures and Concept Ventures. The company will use the funds to develop the technology to generate surveys, reports, and other planning documentation. The UK company plans to build ... Read more Read more ›
1
Hovedstaden-based Uniqkey, a company that offers password and access management solution, has raised €5.35M in funding to expand its cybersecurity solution across Europe, helping companies become more resilient to cyber-attacks and data theft. According to a statement from Uniqkey, rising geopolitical tensions and decades of underinvestment in digital infrastructure have left Europe dependent on foreign ... Read more Read more ›
6
Tallinn-based Sunly, a renewable energy producer, announced that it has secured €300M in debt financing to drive the development of 1.3 GW of solar, wind, storage, and hybrid parks in the Baltics and Poland. Sunly is an independent energy producer focused on developing renewable energy projects in the Baltics and Poland. It also manages a ... Read more Read more ›
9
‘s-Hertogenbosch, the Netherlands-based PeelPioneers, a foodtech company specialised in processing orange peels into new raw materials, announced that it has secured €4M in growth capital. The investment was raised from the Brabant Development Agency (BOM), the European Circular Bioeconomy Fund (ECBF), and the National Green Fund. Additionally, DOEN Participaties and Invest International, a public-private institution ... Read more Read more ›
27
Bas Prass, a partner at ACE, announced recently that he has taken the role of Chief Marketing Officer (CMO) at GoDutch Banking, a company that has recently entered the banking industry with a focus on fairness, and transparency. “A few weeks ago, I had the pleasure of chatting with Thomas Vles, who recently launched his ... Read more Read more ›
0
Ghent-based Optioryx, a company that makes supply chains more efficient and sustainable, announced that it has secured “smart” funding to aid its global expansion. Network Venture Partners, an initiative supported by entrepreneurial investors and family offices, has acquired a minority stake in the Belgium company. Financial details, however, were not disclosed. Boost warehousing and shipping ... Read more Read more ›
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California-based Y Combinator, a startup accelerator and venture capital firm, announced the list of European startups participating in the YC S24 batch. According to Y Combinator, “The overall goal is to help startups really take off. For most startups, better shape translates into two things: to have a better product with more users, and to ... Read more Read more ›
2
Liège-based Get Your Way, a Belgium startup specialising in assisted reality, announced that it has completed its second funding round, raising €850K from Industrya, Noshaq, and a private investor. Assisted reality enhances user tasks by overlaying context-specific digital information onto their view of the real world, typically through head-mounted displays. It focuses on providing practical, ... Read more Read more ›
12
2024 started on an ominous note for the Dutch business climate. The year began with former ASML CEO Peter Wennink hinting at the company leaving the Netherlands. The semiconductor equipment maker is the country’s largest company and one of Europe’s most valuable tech firms. ASML assembles its machines in Veldhoven, which are crucial for manufacturing ... Read more Read more ›
2
Moirans, France-based WATTALPS, a lithium-ion batteries startup, announced on Tuesday, August 27, that it has secured €11M in a Series A funding round. The investment was backed by new investors, including Supernova Invest, Move Energy, and Ring Capital. Additionally, CASRA Capital and WATTALPS’ historical investors, EIT InnoEnergy, Eximium, and EIC Fund, participated. Fund utilisation The ... Read more Read more ›
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Most popular sources
Business Insider
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36% 10 |
Mashable
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10% 9 |
Gizmodo
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8% 2 |
The Verge
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7% 3 |
Tom's Hardware
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6% 0 |
| View sources » | |
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24.11.2024 09:50
Last update: 09:45 EDT.
News rating updated: 16:42.
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