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
In today’s fast-paced world, keeping up with the latest news can be a tough task. With so many headlines competing for our attention, it’s easy to miss out on significant stories that shape our lives and the world around us. That’s why we’ve compiled a brief roundup of some key stories you might have overlooked ... Read more Read more ›
15
Copenhagen-based 2021.AI, a company that claims to be a leader in Responsible AI, has secured DKK 28M (€3.6M) in a bridge funding round, with participation from DNV Ventures and existing investors. This investment will help 2021.AI to prepare for a larger funding round in Q1 2025. Mikael Munck, CEO and founder of 2021.AI says, “We ... Read more Read more ›
3
Helsinki, Finland-based Quantlytica, a fintech company, announced on Thursday, August 8, Thursday, that it has closed €1M in a private raise in grants and investments. The private funding comes from international institutions including Polygon Labs Ecosystem Fund, Web3Port Foundation, Eureka Partners, DWF Ventures, Connectico Capital, ZBS Capital, among others. Quantlytica founder and CEO Guy states, ... Read more Read more ›
1
Utah-based Recursion, a clinical-stage biotech company specialising in drug discovery, has entered into a definitive agreement to merge with Oxford-based Exscientia, a clinical-stage drug design and development company, focused on accelerating drug design and development. Recursion has agreed to acquire Exscientia in an all-stock deal valued at $688M (approximately €629.91M), as reported by Reuters. The ... Read more Read more ›
1
London-based Userled, the AI-powered startup creating personalised content for large-scale omnichannel B2B campaigns, announced on Friday that it has secured £4M (approximately €4.67M) in a pre-seed funding round led by LocalGlobe, with participation from Dig Ventures. The funding also includes participation from prominent business angels including Tessian founder Tim Sadler, Incident.io CEO Stephen Whitworth, Maze ... Read more Read more ›
0
Lisbon-based Powerdot, an EV charging point operator, announced on Friday that it has secured €165M in green financing from ABN Amro, BNP Paribas, ING, MUFG Bank, Santander, and Société Générale. The green financing facility, totaling €165M with an additional uncommitted accordion facility of €60M, will enable the Portugal company to expand its network of EV ... Read more Read more ›
0
London-based CloudPay, an independent provider of global payroll and payment solutions, announced on Friday that it has secured $120M (approximately €109M) in a fresh funding round led by Blue Owl Capital with the participation of existing shareholders Rho Capital Partners, The Olayan Group and Hollyport Capital. The funding will allow CloudPay to strengthen its customer ... Read more Read more ›
9
Amsterdam-based TBAuctions, a multi-brand online B2B marketplace for used industrial goods, announced on Wednesday, August 7, that it has acquired Surplex, a Düsseldorf-based e-commerce company specialising in the digital auction trade of used machinery. Surplex is an industrial auction house specialising in trading used machines and factory equipment globally. Its auction platform, Surplex.com, is available ... Read more Read more ›
27
Berlin-based clare&me, a conversational bot designed to help people manage anxiety and build long-term mental resilience, has raised €3.7M in funding. The round was led by Munich-based healthtech investor YZR, with participation from Kodori Ventures, Material Ventures, existing angels, and Antler, an early-stage investor. The startup also secured grant funding from the Development Bank of ... Read more Read more ›
70
Leibi, Germany-based DC Connected Car, a company specialised in AI-driven remote vehicle diagnostics, announced on Wednesday, August 7, that it has secured €2.1M seed funding round led by Insurtech-fund VENPACE. The funding round saw participation from Borusan Ventures, Atlas Ventures, Network.VC, as well as existing investors, including APX, Bloomhaus Ventures, and Business Angels. This fresh ... Read more Read more ›
1
Are you an investor or a startup founder? Do you like to get your hands dirty and explore new cultures, cuisines, and wines while creating opportunities and meaningful interactions? After four years of pause, TechVillage is back in the picturesque village of Butuceni, Moldova. What is TechVillage? TechVillage is a three-day startup event offering a ... Read more Read more ›
2
Arnhem-based Allego, a pan-European electric vehicle charge point operator, has secured €20M loan from the European Bank for Reconstruction and Development (EBRD) for the CROSS-E project, co-funded by the EU. This funding will bolster Allego’s efforts to expand its EV-charging infrastructure in Poland as part of its broader Eastern European growth strategy. Vianney Heeren, Director ... Read more Read more ›
11
The European Investment Bank (EIB), in collaboration with Matrix Renewables, a global renewable energy platform backed by TPG Rise, announced recently that they have signed a €50M green loan. The loan will support the design, construction, and operation of 5 solar photovoltaic plants with an installed capacity of 240 MW in Castilla y Leon and ... Read more Read more ›
3
Delft-based VSParticle (VSP), a supplier of nanoparticle synthesis and deposition tools, has secured €6.5M in an A2 extension round led by NordicNinja and Plural. Existing investor Hermann Hauser Investment also participated in this round, bringing VSP’s total raised funding to €24.5M. VSP’s technology allows materials to be broken down to nanoparticle size, enabling faster experimentation ... Read more Read more ›
0
Berlin-based Mondu, a B2B payments company, announced on Wednesday that it has secured an Electronic Money Institution (EMI) License from De Nederlandsche Bank (DNB) in the Netherlands. The license will accelerate the German company’s expansion across Europe while enabling the company to support more customers and launch complementary payment services like eWallets and Credit Cards. ... Read more Read more ›
1
Amsterdam-based Rockstart, the global early-stage accelerator-VC, announced on Wednesday that it has invested in Viacurrent, a Tallinn-based employee financial wellness app. Additionally, angel investor Kristjan N. joined the round. However, the exact amount of the funding was not disclosed. Viacurrent: Employee financial wellness app Led by Hendrik Ojamaa, Arnold Veltmann, Lemmo L., and Johannes Ööpik, ... Read more Read more ›
3
London-based PHINXT Robotics, a company that provides Autonomous Mobile Robotics (AMRs) automation for warehouses of any size, has secured £2M (approximately €2.32M) in a seed round of funding. In June 2024, Ada Ventures joined a seed funding round for PHINXT Robotics and co-invested with George Mensah from Sure Valley Ventures and angels including co-founder of ... Read more Read more ›
0
Amsterdam-based OTB Ventures, a VC focused on DeepTech companies, announced on Wednesday, August 6, that it has invested in Timeseer.AI, an Antwerp-based time-series Data Operations (DataOps) software company. However, the exact financial details were not disclosed. Why the investment? The growth of IoT/OT data with the urgent need to integrate AI/ML models into operations at ... Read more Read more ›
2
Zurich-based KNIME, an open-source data science and AI company, announced on Tuesday, August 6, that it has raised $30M (approximately €27.5M) from its longstanding investor Invus. To date, Invus has invested around $50M (approximately €45.7M) in the Swiss company. The latest capital injection will allow the company to double down the development of its enterprise-grade ... Read more Read more ›
2
Milan-based Casavo, a proptech scale-up providing smart home buying and selling solutions, announced on Wednesday, August 7, that it has raised €20M in new capital. This round, completed in March, was led by UniCredit and included participation from major shareholders like Exor NV, Project A Ventures, Neva SGR, and 360 Capital. The partnership with UniCredit ... Read more Read more ›
15
Most popular sources
Business Insider
|
30% 15 |
Mashable
|
12% 10 |
Gizmodo
|
9% 4 |
Eurogamer.net
|
7% 6 |
CNET
|
6% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
24.11.2024 15:33
Last update: 15:20 EDT.
News rating updated: 22:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.