Around 1750 BCE in Ur, a customer named Nanni complained in clay about the bad copper sold to him by the merchant Ea-nasir. It is the oldest known written customer complaint, and several others were found in Ea-nasir's house. The behaviour behind a one-star review, nearly four millennia early. Read more ›
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Switzerland-based Voltiris, a company that helps greenhouses boost sustainability and profitability by optimising solar energy use, has raised CHF 4.8M (approximately €5.07M) in its seed round of funding. The round was co-led by EquityPitcher Ventures and 3M Ventures, the venture capital arm of 3M, with additional participation from the climate tech VC fund Satgana and ... Read more Read more ›
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In 1972, five entrepreneurs embarked on a mission to create enterprise software that integrated all business processes and enabled data processing in real-time. They called their company SAP, and little did they know that they were creating a German software giant that is now the largest tech corporation in Europe. Five decades later, SAP now ... Read more Read more ›
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On Tuesday, Copenhagen-based Hybird Energy, a startup developing intelligent electrical panels powered by an AI energy cloud, announced that it has secured €2.4M funding co-led by BackingMinds (Swedish early-stage venture capital firm) and Transition (UK-based Climate VC). Additionally, existing investors, including 2degrees, a private investment company in Copenhagen, and the family office for a co-founder ... Read more Read more ›
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Barcelona-based TravelPerk, a platform for managing business travel globally, has raised $200M (nearly €191.75M) in an oversubscribed Series E funding round. According to TravelPerk CEO and co-founder, Avi Meir, the company’s valuation has doubled to $2.7B (nearly €2.58B) from the last round. The Series E round was led by Atomico and EQT Growth, with participation ... Read more Read more ›
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New York and London-based ElevenLabs, a voice AI research and deployment company, has reportedly raised $250M (nearly €239.57M) in a Series C funding round. The company is valued between $3B and $3.3B (nearly €2.87B and €3.16B). According to TechCrunch, ICONIQ Growth led the round, and Andreessen Horowitz was also mentioned as a potential participant. The ... Read more Read more ›
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Paris-based Shift4Good, an impact investment fund focused on decarbonising the transportation sector, has closed its first fund at €220M, exceeding its fundraising target. Launched in 2022, the fund has invested in 13 companies across Europe and Southeast Asia. After an initial close at €100M in October 2022, the fund has continued to attract market interest ... Read more Read more ›
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On Monday, Leiden-based Samotics, an electrical data analytics company, announced that it has signed a €20M financing agreement with the European Investment Bank (EIB). The EIB financing is supported by the European Commission under its InvestEU initiative. The Dutch company will use the funds to accelerate the research and development of its technology, which can ... Read more Read more ›
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On Monday, Waldkirch, Germany-based SICK, an international provider of sensor-based automation solutions, announced the acquisition of the Dutch technology company Accerion. As of January 16, 2025, the entire product lineup and the Accerion team, including technology and sales experts, have fully transitioned to SICK. Product development for the new SICK subsidiary, “SICK Accerion B.V.,” will ... Read more Read more ›
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Funds managed by HSG (HongShan Capital Group, formerly known as Sequoia China) have reached an agreement to acquire a majority stake in Marshall Group, valuing the company at €1.1B. Marshall Group is an audio, tech, and design company connecting musicians and music lovers through innovation. Marshall, its flagship brand, has over 60 years of presence ... Read more Read more ›
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President Donald Trump has announced the launch of the Stargate Project, a strategic initiative with a $500 billion investment in US AI infrastructure. This landmark project, funded by partners such as OpenAI, SoftBank, Oracle and MGX, aims to strengthen US leadership in AI, boost economic growth and ensure national security. Control of critical AI technology ... Read more Read more ›
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On Monday, London-based Gresham House Ventures, a growth equity investor, announced that it has committed a €4.25M investment in a Dublin-based SaaS platform Mobility Mojo. Founded in 2018 by certified access consultants Stephen Cluskey and Noelle Daly, both wheelchair users, along with Patrick Hickey, the former CEO of Rothco, Mobility Mojo started by focusing on ... Read more Read more ›
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Stockholm-based Wingbits, a decentralised physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6M (approximately €5.34M) in funding. This brings the company’s total raised capital to $9.2M (approximately €8.79M). Borderless Capital and Bullish Capital led the round with contributions from Spartan Group, Tribe Capital, Antler, SNZ and Heartcore. Álvaro Gracia, Partner at Borderless ... Read more Read more ›
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In our fast-moving world of technology and innovation, it’s easy to miss some interesting stories happening around us. Every day, we receive a lot of news about funding, acquisitions, and discoveries, and many great stories can easily be overlooked. In this edition of “the other news this week” we have briefly compiled a list of ... Read more Read more ›
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On Thursday, The European Commission announced that it is investing €3M to develop the first-ever quantum chip that combines electronics and light using advanced Germanium-Silicon technology. The mission is to make quantum computers faster, more efficient, and scalable, enabling them to tackle challenges like drug discovery, cybersecurity, and AI. The ONCHIPS consortium, supported by the ... Read more Read more ›
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On Friday, SC Ventures, the innovation and investment arm of Standard Chartered, announced that it has teamed up with The Hague-based Yabx Technologies, a company of Tech Mahindra group, to invest in Furaha. Out of the total, SC Ventures has put in $7M (approximately €6.6M), and Yabx has provided technology support, totaling a combined investment ... Read more Read more ›
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Helsingborg-based Xaga Surgical, a Swedish medical technology company, has completed a SEK 8M (approximately €698K) investment round. Almi Invest contributed SEK 3M (approximately €261K), with additional funding from Smile Inject Capital and private investors. Thomas Unt, CEO of SmiLe Inject Capital, says, “Our investment in Xaga Surgical is part of our commitment to supporting life ... Read more Read more ›
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Amsterdam-based VonWood, a digital trading platform for Wood, has been declared bankrupt by the Amsterdam District Court, earlier this week. The company, known for making the online trading process completely transparent and affordable, could not reportedly fulfil its financial obligation, resulting in shutting down operations. “Our team and partners have worked tirelessly to bring digital ... Read more Read more ›
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London-based Amplience Limited, a provider of headless content management solutions, has completed £32M (approximately €37.82M) senior secured investment from AshGrove Capital, an independent pan-European specialty lender. This investment is the sixth from AshGrove Specialty Lending Fund II (ASLF II), a €650M fund focused on supporting high-growth B2B software and services companies. The round also saw ... Read more Read more ›
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Luxembourg-based Passbolt, an open-source password and credential manager for teams, announced that it has secured $8M (approximately €7.65M) in a Series A round of funding. The funds will accelerate Passbolt’s mission to empower millions of digital teams to collaborate securely with their passwords, accesses, and secrets. The company’s Series A round was led by Airbridge ... Read more Read more ›
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On Friday, Amsterdam-based QDNL Participations, a quantum-focused VC firm, announced the first close of its new fund at €25M, targeting €60M for the fund. The fund’s investors include family offices, high-net-worth individuals, funds-of-funds, and endowments, along with continued support from the Quantum Delta NL Foundation. The new fund broadens the firm’s active investment approach to ... Read more Read more ›
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27.06.2026 06:29
Last update: 06:20 EDT.
News rating updated: 13:22.
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