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
Tilt, a real-time shopping platform, announced on Friday that it has closed $18M (approximately €16.1M) in a Series A funding round led by Balderton Capital, with participation from existing investors TQ Ventures, Earlybird, and Seedcamp. The company will use the funds to speed up its aim of becoming the leading fashion super app. It will ... Read more Read more ›
6
European equity funding is slightly down compared to H2 2023, but there are still plenty of reasons to be cheerful. According to Sifted’s H1 2024 review report, which began tracking funding rounds in late 2023, Europe is finding its footing following volatility since the heady, funding-happy days of 2021. Highlighting the resurgence of fintech after ... Read more Read more ›
2
Munich-based XO Life, a digital health startup, announced on Thursday, August 22, that it has secured €7M in funding led by Sandwater and Grazia Equity. Additionally, Vi Partners and Bayern Kapital co-led the round, with participation from existing investors, including aescuvest, Isartal Ventures, Winning Mindset, MediVentures GmbH, capacura, and many more. The fund will allow ... Read more Read more ›
2
Copenhagen-based Podimo, a podcast and audiobook subscription service in Europe, has acquired Amsterdam-based podcast production house Tonny Media, enhancing their partnership. Both companies will continue to operate independently while collaborating on sales and expertise, with no changes to the content enjoyed by their listeners. Founded in 2020 by Titus van Dijk, Jaap Reesema, and Sander ... Read more Read more ›
0
Leipzig, Germany-based TEDIRO Healthcare Robotics, a company developing a mobile robotics platform for multiple applications in healthcare, announced that it has secured a seven-figure investment in a seed funding round. The investment comes from bm|t and the TGFS Technologiegründerfonds Sachsen. Other investors in this financing round are a business angel and the medium-sized robotics manufacturer ... Read more Read more ›
3
Zürich-based FLOWIT AG, a coaching platform, announced that it has secured CHF 4M (approximately €4.21M) in an oversubscribed seed funding round. The deal was announced via a LinkedIn post. FLOWIT looks to transform the people development sector with its AI-powered platform, focusing on digital coaching specifically designed for non-desktop workers. The round was co-led by ... Read more Read more ›
9
Amsterdam-based FounderFuel, a private community for Dutch founders and investors creating the next Silicon Valley, announced on Thursday that it is now investing up to $250K (approximately €224K) in startups. The Dutch VC is focusing on startups across multiple sectors, including: However, the VC is looking for companies with three criteria. The startup should have: ... Read more Read more ›
29
Hamburg-based Boomerang, a reusable shipping packaging company, has raised nearly €3M in a fresh round of funding. Following a pre-seed round of €1.1M in 2022/23, the current round attracted investment through the crowd-investing platform “Companisto”, where over €850K was raised from more than 400 investors, surpassing the €750K target by €100K. Additionally, at least two ... Read more Read more ›
2
Edinburgh-based Administrate, a cloud-based training management platform, announced on Monday, August 19th, that it has secured £3M (approximately €3.5M) in funding from Investment Fund for Scotland (IFS), managed by Maven and delivered by the British Business Bank. The company will use the funds to launch its new AI scheduling software and expand its market reach ... Read more Read more ›
4
Helsinki-based biotech company NAMED has raised €3.5 million in a Series A funding round, led by Finland’s science-based startup investor Nordic Science Investments (NSI). The round also saw participation from previous investors Voima Ventures and University of Helsinki Funds, along with several private European investors and a grant from Business Finland. What does NADMED offer? ... Read more Read more ›
4
Mike Lynch and his daughter Hannah were found dead in a cabin on the sunken Bayesian yacht. The news comes a couple of days after the Bayesian superyacht, sank off the coast of Sicily during a violent storm on Monday. The superyacht was carrying 22 people onboard, including a crew of 10 people and 12 ... Read more Read more ›
0
Stockholm-based Candela, a manufacturer of long-range electric boats, announced on Wednesday that its first electric hydrofoil ship — Candela P-12, will service the planned water network in NEOM, the gigantic, sustainable development taking shape in Northwest Saudi Arabia. As per the deal, NEOM has procured an initial batch of 8 of the foiling, electric shuttle ... Read more Read more ›
6
Amsterdam-based Hydryx, a startup on a mission to turn emissions into resources, announced that it has received a convertible loan of €350K from the Innovatiefonds Noord-Holland. The funding will support the company’s mission to tackle one of the most potent greenhouse gases, contributing to global efforts to combat climate change. Resources from waste emissions Founded ... Read more Read more ›
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London-based Fresha, a marketplace platform for beauty and wellness, announced on Wednesday that it has secured a $31M (approximately €27.8M) venture debt facility from J.P. Morgan. This funding will accelerate the company’s expansion into new markets and drive the growth of its machine-learning capabilities and AI-powered robotics. To date, the UK company has raised over ... Read more Read more ›
0
Jyväskylä-based Clevenio, a Finnish sales engagement software startup, has closed its pre-seed funding round. The amount, however, remains undisclosed. The company aims to tackle a challenge faced by sales teams: the excessive amount of time spent on tasks that aren’t directly related to selling. The round was led by Gorilla Capital, with significant participation from ... Read more Read more ›
2
Amsterdam-based Watermeln, a company focused on developing and leasing hydrogen generators, announced recently that it has secured €3.5M from Amsterdam Climate and Energy Fund (AKEF) and BEEQUIP. Watermeln is investing a total of more than €4M in scaling up and acquiring hydrogen generators, solidifying its position as a market leader in sustainable power supply. Last ... Read more Read more ›
12
Last year, Netherlands-based Thirona, a company that provides software and image analysis services for the healthcare industry, announced the launch of a separate division — Thirona Retina. On Tuesday, August 20, Thirona Retina announced that it has been acquired by Revenio Group Corporation’s subsidiary Icare Finland Oy. In 2023, Icare made a minority investment of ... Read more Read more ›
23
Great Place To Work, a research and consultancy agency, has recently announced the 22nd edition of its annual list of the 40 Best Workplaces in the Netherlands across four categories – Large, Mid-Large, Medium, and Small. René Brouwers, director of Great Place To Work Netherlands, says, “Last night we proudly revealed the ranking of the ... Read more Read more ›
15
Barcelona-based Freightos, a global freight booking and payment platform, announced that it has acquired Luxembourg’s Shipsta, a freight-tender procurement platform. This deal enhances Freightos’ digital freight services by adding tender procurement to its existing spot pricing, quoting, and booking capabilities. The acquisition also broadens Freightos’ market reach and accelerates its growth, supporting its goal to ... Read more Read more ›
2
Gradient Labs, a London-based AI startup founded in mid-2023, has secured £2.8M (approximately €3.28M) in a seed round of funding. The startup is building an operating system of AI agents that automate manual, repetitive work. The investment was led by LocalGlobe and a series of angels and micro funds including Puzzle Ventures (Gloria Baeuerlein), Tom ... Read more Read more ›
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Most popular sources
Business Insider
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31% 16 |
Mashable
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10% 9 |
Gizmodo
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10% 4 |
CNET
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7% 4 |
Tom's Hardware
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6% 1 |
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24.11.2024 12:39
Last update: 12:31 EDT.
News rating updated: 19:31.
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