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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Belgium-based Ambassify, an Employee Advocacy platform, has acquired Social Seeder, a key player in the local market. Employee Advocacy and Employer Branding are becoming strategic investments that contribute to business success. Companies focusing on these areas aim to grow, scale, and maintain a competitive edge. Ambassify has acquired and merged with Social Seeder to strengthen ... Read more Read more ›
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Groningen-based Teamy, a sports team attendance app, announced that it entered a new phase of growth at the end of 2024 by partnering with investor Chris Stam. This collaboration has enhanced the app’s scalability and established a solid foundation for its international expansion. Chris Stam’s expertise has played a crucial role in advancing the development ... Read more Read more ›
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The Dutch startup ecosystem continues to captivate international attention. According to the State of Dutch Tech 2024 report, acquisitions in the Dutch startup ecosystem saw a notable increase in 2023, with 63 per cent of Dutch startups and scale-ups being acquired by non-Dutch companies. This highlights the strong global interest in Dutch innovation, despite challenges ... Read more Read more ›
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Amsterdam, the capital of the Netherlands, has solidified its position as a leading startup hub. The city is home to 1,219 startups, representing about 45 per cent of the Netherlands’ total startups. It remains the highest-ranked startup ecosystem in the country. While Amsterdam dropped one spot in the global ranking in the 2024 Global Startup ... Read more Read more ›
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Netherlands-based Odd.Bot, a startup focused on autonomous agricultural robots, has secured €2M in growth capital during a pre-series A funding round. The investment was led by Iconic Ventures, with additional contributions from PolKa Capital Management, regional farmers, private investors, and Horizon, the development agency of Flevoland. In a statement translated from Dutch, Dirk Kronemeijer, partner ... Read more Read more ›
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The Dutch startup ecosystem continues to captivate international attention. The State of Dutch Tech 2024 report reveals that in 2023, acquisitions in the Dutch startup ecosystem saw a notable increase, with 63 per cent of Dutch startups and scale-ups being acquired by non-Dutch companies. This shows that international companies are still very interested in Dutch ... Read more Read more ›
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The Nordic startup ecosystem has experienced growth and is now valued at $552B—16 times its worth a decade ago, according to the Nordic Innovation report. With 82 unicorns in 2024, up from just 9 in 2014, the region has become a global innovation hub. Nordic startups have raised $3.8B in VC funding this year, with ... Read more Read more ›
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Europe has been the hotbed of innovation for years, shaping ideas and industries globally. Each year, tech conferences across the continent continue to grow, offering a platform for professionals, entrepreneurs, and enthusiasts to exchange knowledge, network, and explore the latest trends.  For 2025, the lineup of European tech conferences promises to be more exciting than ... Read more Read more ›
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Munich-based electric air taxi startup Lilium, which recently ceased operations and laid off 1,000 employees, is set to restructure with new investor backing. The layoff was reported by Gründerszene, with co-founder Patrick Nathen confirming the shutdown on LinkedIn. Lilium, which raised over $1B before going public, is now set to restructure with new backing. A ... Read more Read more ›
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Based out of Amsterdam, Wizenoze, a developer of an online education platform, has been declared bankrupt by the court in Amsterdam on 23-12-2024. Lack of funding, generative AI, and more According to co-founder Diane Janknegt, Wizenoze was doing well and needed funding for product development. They secured an agreement with an investor, but when they ... Read more Read more ›
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Amsterdam-based Prosus, a global consumer internet group, on Monday, announced that it is set to acquire Despegar, a Latin American Online Travel Agency (OTA), for $19.50 per share, totalling $1.7B (approximately €1.6B). This offer represents a 33 per cent premium over Despegar’s closing share price as of December 20, 2024, and a 34 per cent ... Read more Read more ›
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Lithuania is proving to be an attractive destination for both entrepreneurs and investors alike. There are over 1,000 startups and tech companies in the country, providing jobs for more than 18,700 people. By mid-December, Lithuanian startups had raised €86M this year through 38 deals, according to the report. Although the number of deals increased by ... Read more Read more ›
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On Monday, Groningen-based Future Tech Ventures (FTV), announced that it has invested €350K in IonIQs, a startup from Groningen that has developed a sustainable technology to efficiently filter lithium from wastewater. The announcement comes over two months after Future Tech Ventures made its debut with €20M proof-of-concept fund to back 50 Northern Netherlands startups. Lithium ... Read more Read more ›
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The “State of Dutch Tech 2024” report highlights the growth of deep tech companies in the Netherlands, with investments increasing by 14 per cent from 2022 to 2023. This rise is driven by university spin-offs and research institutes, though scaling challenges remain. Over the past five years, deep tech venture capital (VC) investments have grown ... Read more Read more ›
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Amstelveen-based GIGA Storage, an energy company that develops and deploys large-scale energy storage projects, announced the promotions of Kevin Dijkers to new CEO and Animesh Ranjan to Chief Investment Officer. Kevin Dijkers, says, “I am thrilled by the challenges and opportunities ahead and am fully committed to driving the company’s continued growth. I recognise the ... Read more Read more ›
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While video games entertain billions of people worldwide, they also have a downside. The industry leaves a heavy ecological footprint: manufacturing and energy consumption make digital gaming alone contribute to 3.7% of global greenhouse emissions. ​​Environmental concerns aren’t the only problems: designed for fun and entertainment, game communities often become an arena for abuse and ... Read more Read more ›
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Solna, Sweden-based Chromafora, an environmental technology company, announced that it has secured €22.5M in nondilutive financing from the European Investment Bank (EIB) The Swedish company will use the loan to advance a technology for removing per- and polyfluoroalkyl substances – or PFAS – from water. The credit from the EIB, the European Union’s lending arm, ... Read more Read more ›
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In today’s fast-paced world, where new innovations emerge constantly, it can be overwhelming to keep up with every significant update that has the potential to shape our future. As we approach the end of the week (from December 16th to December 20th), it’s a good time to catch up on some news stories that may ... Read more Read more ›
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Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, announced on Friday that it has secured €150M in a pre-IPO funding round. “The new funding will enable us to execute our mission and serve millions of homeowners to switch from fossil fuels towards cheaper and cleaner energy,” says Philipp ... Read more Read more ›
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Delft-based GEHECO, a company that aims to enable carbon-neutral heating in buildings, has secured €350,000 in funding from UNIIQ, a proof-of-concept investment fund for Zuid-Holland. The funding, part of the Early Phase Financing programme, will support the development of GEHECO’s drilling technology. This technology enables the installation of underground heat exchanger tubes in homes that ... Read more Read more ›
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27.06.2026 12:19
Last update: 12:10 EDT.
News rating updated: 19:14.
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