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
Barcelona-based Wallbox, a smart electric vehicle charging and energy management provider, announced that it has secured $45M (approximately €41.72M) in funding. Wallbox will sell 36,334,277 Class A ordinary shares in a private placement, raising $45M from certain existing investors. The transaction is expected to close on August 5, 2024, pending the fulfillment of customary closing ... Read more Read more ›
2
Vilnius-based Bourgeois Boheme (BoBo), a fintech company tailored for the new generation of successful entrepreneurs, announced that it has closed a €6.5M seed round led by Graphit Lifestyle, an Austria-based VC firm. Hugo Gomez, co-founder and CEO of Bourgeois Bohème, says, “Private banks have traditionally catered to “old money”, but today, a new generation of ... Read more Read more ›
0
Berlin-based Checkly, a provider of Monitoring as Code solutions, announced on July 31, that it has raised $20M (approximately €18.5M) in a Series B funding round led by Balderton Capital, bringing $32.25M (approximately €30M). Existing investors Accel, CRV, and Paul H. Müller also participated. With the new funding, Checkly plans to grow its teams, expand ... Read more Read more ›
9
Cardiff-based Lovetovisit, a travel platform which helps users book local attractions and events, has secured £3.2M (approximately €3.78M) in VC funding to support its growth. The round was led by Venrex and Redrice Ventures, with additional participation from Active Partners, Velocity Partners, and various angel investors. Andrew Sutcliffe, Partner at Redrice Ventures, says, “In a ... Read more Read more ›
2
Milan-based Bending Spoons, a provider of digital technology products, announced on Wednesday, July 31 that it has acquired WeTransfer, a digital file-sharing and collaboration platform. As a part of the acquisition, the Italian company is pledging to donate at least $3M to The Supporting Act Foundation over the next two years. The Foundation aims to ... Read more Read more ›
0
Vilnius-based Bourgeois Boheme (BoBo), a fintech company tailored for the new generation of successful entrepreneurs, announced that it has closed a €6.5M seed round led by Graphit Lifestyle, an Austria-based VC firm. Hugo Gomez, co-founder and CEO of Bourgeois Bohème, says, “Private banks have traditionally catered to “old money”, but today, a new generation of ... Read more Read more ›
0
Berlin-based MYNE, a company specialised in providing co-ownership options for premium vacation homes, announced on Thursday that it has secured €40M in a Series A (equity and debt financing) round led by Limestone Capital AG. Existing investors, including Motive Ventures and Scope Hanson, also participated in the round. This marks the largest financing round in ... Read more Read more ›
39
In the world of venture capital, announcing the launch of new funds is always an exciting development. This July 2024, several prominent European venture capitalists launched new funds, aiming to invest in the next generation of innovative startups across various industries, from technology to healthcare, providing crucial support to companies in various stages. The influx ... Read more Read more ›
6
London-based ZOE, a health and nutrition startup, has secured $15M (approximately €13.84M) in funding from Coefficient Capital, a New York-based investor in consumer businesses. Jonathan Wolf, co-founder and CEO of ZOE, says, “Although we weren’t actively seeking investment, Coefficient Capital approached us because they believe ZOE has the potential to improve America’s health.” “ZOE membership ... Read more Read more ›
6
Berlin-based Amperecloud, a provider of software platform designed to manage renewable energy sources, announced on Wednesday that it has secured €3.3M in a Series A+ funding round led by Encevo. Existing investors, including Point Nine and Vireo Ventures, also participated in the funding round. The latest funding round brings the total capital raised to over ... Read more Read more ›
16
Slovenia-based Leanpay, a Buy-Now-Pay-Later (BNPL) and point-of-sale lending platform, announced that it has closed its Series B funding round, securing an investment of €10M. BlackPeak Capital and Catalyst Romania Fund II led the round with support from existing investors South Central Ventures and Budapest-based Lead Ventures. With this investment, BlackPeak Capital’s Managing Partner, Niklas Pichler, ... Read more Read more ›
5
Amsterdam-based Just Eat Takeaway.com, an online food delivery marketplace, on Wednesday, announced a new share buyback programme. The company plans to repurchase ordinary shares amounting to up to €150M, which will not exceed 10 per cent of the issued shares authorised by the general meeting. The repurchased shares will either be cancelled to reduce the ... Read more Read more ›
3
The European Commission’s NGI TrustChain initiative has announced the awarding of an additional €1.8M in grant funding to 15 European startups. These funds aim to combat online misinformation and false identity using blockchain-based technologies. Each startup will receive up to €117K in grant funding to support their solutions. Selected from a competitive pool of 162 ... Read more Read more ›
0
London is a city that never sleeps, especially when it comes to its vibrant tech scene. And July, in particular, has been a significant month for the startups, as several companies made headlines for securing funds surpassing €10M. This financial injection showcases the potential of the ideas of these startups and also reflects the increasing ... Read more Read more ›
15
London-based Flo Health, a women’s health app, announced on Tuesday, that it has raised more than $200M (approximately €182M) in a Series C funding round from General Atlantic at a valuation of over $1B. Consequently, Flo Health becomes the first purely digital consumer women’s health app to achieve unicorn status. As a part of the ... Read more Read more ›
1
North Holland-based Urchinomics, a restorative aquaculture venture, announced that it has secured major capital boost via strategic partnerships with two Japanese companies — Osaka-based FOOD & LIFE COMPANIES Ltd and Tokyo’s NYK. “Both partnerships will further our mission to restore kelp forests, revitalise coastal communities and fisheries, and combat climate change,” mentions Urchinomics. On July ... Read more Read more ›
2
Berlin-based digital road freight forwarding unicorn sennder has announced the acquisition of global logistics provider C.H. Robinson’s European Surface Transportation (EST) operations. C.H. Robinson is one of the world’s largest logistics providers, managing $22B in freight and handling 20M shipments annually. However, the terms of the transaction were not disclosed. The press release states, “The ... Read more Read more ›
6
London-based Stairpay, a platform aimed at simplifying the shared ownership journey for residents and housing associations, has raised £750K (approximately €890K) in a pre-seed round of funding. The round, led by Fuel Ventures, also saw contributions from Heartfelt Ventures and angel investors, including Rob Hamilton, who built and sold Instant Offices to MML Capital, proptech ... Read more Read more ›
0
Trento, Italy-based Alps Blockchain, a company specialising in producing computing power for digital mining, announced on Monday, July 29, that it has secured €105M investment from Azimut. This investment was made through Azimut Direct Investment Alps Blockchain II SCSp, a dedicated Luxembourg vehicle, which invested in a 5-year guaranteed bond with the option of early ... Read more Read more ›
1
The European Investment Bank (EIB) has granted €20M in venture-debt financing to Protembis, a German medtech company, to develop the “ProtEmbo” cerebral embolic protection system. This next-gen device aims to protect the brains of patients undergoing certain heart treatments. This investment is part of the InvestEU programme, which looks to trigger over €372B in additional ... Read more Read more ›
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Most popular sources
Business Insider
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35% 9 |
Tom's Hardware
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9% 3 |
The Verge
|
8% 3 |
Eurogamer.net
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7% 6 |
CNET
|
6% 3 |
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24.11.2024 17:35
Last update: 17:25 EDT.
News rating updated: 00:30.
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