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
Eindhoven-based EIT InnoEnergy, an innovation engine for sustainable energy across Europe, announced on Wednesday, that three new investors are joining its cap table as shareholders. The new investors are: The new shareholders have expanded EIT InnoEnergy’s investor base, adding to the 2023 private placement round of over €140M in fresh equity. Fund utilisation The use ... Read more Read more ›
6
Amsterdam-based Quatt, a technology scale-up that develops a hybrid heat pump, announced on Wednesday that it has secured €25M in a growth equity funding round led by Blue Earth Capital, with participation from Seaya Andromeda and existing investor Impact Equity Fund. The announcement comes as the Dutch company experienced rapid growth over the past two ... Read more Read more ›
27
Copenhagen-based Again, a carbon utilization company capturing carbon dioxide (CO₂) and turning it into valuable chemicals, announced on Wednesday that it has raised $43M (approximately €39M) in a Series A funding round co-led by GV and HV Capital. The funding round also included participation from Kompas VC, EIFO – Denmark’s Export and Investment Fund, ACME ... Read more Read more ›
2
Manchester-based CultureAI, a human risk management platform, announced on Wednesday that it has secured $10M (approximately €9M) in a Series A funding round led by Mercia Ventures and Smedvig Ventures. Existing investors, including Passion Capital and Senovo, also participated in the round. The UK company will use the funds to invest in the evolution of ... Read more Read more ›
0
London-based Bioniq, a company that claims to make the world’s most personalised supplements based on blood biomarker data, has announced the close of a $15M (nearly €13.74M) Series B funding round. The company’s valuation now stands at $75M (nearly €68.73M). The oversubscribed round was led by principal investors HV Capital and Unbound. David Kuczek, General ... Read more Read more ›
11
London-based 13books Capital, a venture capital firm investing at the late Seed and Series A stage, announced that it has closed a £121M (approximately €144M) fund aimed at supporting the next-gen fintech disruptors, despite a challenging fundraising environment. The new fund is backed by British Patient Capital, Kreditanstalt für Wiederaufbau (KfW), Isomer Capital, and IPGL. ... Read more Read more ›
49
Manchester-based CultureAI, a human risk management platform, announced on Wednesday that it has secured $10M (approximately €9M) in a Series A funding round led by Mercia Ventures and Smedvig Ventures. Existing investors, including Passion Capital and Senovo, also participated in the round. The UK company will use the funds to invest in the evolution of ... Read more Read more ›
51
London-based Xapien, an AI due diligence provider, announced that it has completed a £8M (nearly €9.52M) Series A funding round led by YFM Equity Partners, bringing its total funding to £14M (nearly €16.63M). James Savage, Partner at YFM, says, “Xapien’s innovative technology is gaining impressive commercial traction in an exciting market, and it has already ... Read more Read more ›
0
London-based Huma, a global healthcare AI company, announced on Tuesday that it has secured $80M (approximately €73.3M) in a Series D funding round. New and existing strategic and financial investors, including AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures, and Leaps by Bayer, participated in Series D. With this round, ... Read more Read more ›
3
Gouda, the Netherlands-based Centric, a company specialised in offering a wide range of IT solutions and services, on Monday, July 15, announced the acquisition of Centric Holding’s subsidiaries by a consortium of Dutch IT services entrepreneurs led by Imker Capital Partners. The consortium is comprised of Adriaan Mol, the founder of Mollie and Bird, Ronald ... Read more Read more ›
0
Amsterdam-based BUX Holding B.V. has sold its UK subsidiary, BUX Financial Services Limited (BFS), to Asseta Holding, the parent company of UAE-based APM Capital. BFS, licensed by the Financial Conduct Authority (FCA), offers Contracts for Difference (CFDs) and spread betting to retail and professional clients. BUX Holding B.V. offers a trading platform through its subsidiaries, ... Read more Read more ›
2
Paris-based Presti, a startup specialising in AI-generated product photos, announced on Tuesday that it has closed $3.5M (approximately €3.2M) in a Seed round led by Partech. Various angel investors, including Thibaud Elzière, Maxime Brousse, Abou Laraki, Rémi Lemonnier, and Julien Hirth, also participated in the round. The latest funding will help Presti expand its reach ... Read more Read more ›
0
London-based Hey Savi, a new fashion search and recommendation platform, has secured £2.2M (approximately €2.61M) in a pre-seed round of funding. According to the startup, this funding round is one of the largest pre-seed raises by an all-female-founded UK tech startup. Hey Savi is backed by an “industry-leading” advisory board featuring Gareth Jones, CMO at ... Read more Read more ›
26
Munich-based One Data, a data management software company, announced the completion of its €32M Series B extension round. The funding was co-led by Vsquared Ventures, Molten Ventures, and HV Capital. One Data offers an AI-powered Data Product Builder and aims to become the leader in Data Product Management. The company serves blue-chip customers like BioNTech, ... Read more Read more ›
19
Munich-based WorkerHero, a recruitment technology startup, announced on Tuesday that it has raised €4M in a Series A funding round led by Mediahuis. Existing investors, including 10x Founders and Bonsai Partners, also participated in the round. Fund utilisation The German company will use the capital injection to scale further and enter new industries. In an ... Read more Read more ›
0
Amsterdam-based Marktlink Capital, an investment company, announced on Monday, that it has closed the subscription for its second venture capital fund-of-funds in six months, securing €80M in capital from approximately 150 private investors. This second fund follows the success of the first fund launched in 2022, which was fully subscribed within six months. A significant ... Read more Read more ›
2
Amsterdam-based VanMoof, an e-bike manufacturer, on Monday, announced a global initiative to help riders who ordered a bike before the bankruptcy and never received it. The company offers a €1000 / $1000 / £850 discount code off a VanMoof S5, A5, or future product to riders affected by this issue. Due to the old VanMoof’s ... Read more Read more ›
0
Munich-based Ryte, a Website User Experience (WUX) platform, has been acquired by Semrush, an online visibility management SaaS platform. This acquisition aims to combine the strengths and expertise of both companies to enhance their solutions for customers. Ryte is a SaaS company that helps businesses and agencies optimise Website User Experience through SEO, Quality Assurance, ... Read more Read more ›
20
Ghent, Belgium-based LegalFly, a legal AI platform, announced on Monday that it has raised over €15M in Series A funding led by Notion Capital, with participation from redalpine and Fortino Capital. The company will use the investment to accelerate its growth plan, tripling its current team by year’s end and upgrading feature development. The funding ... Read more Read more ›
2
Diepenbeek-based Bedal International, a Belgian medical device company specialising in next-gen catheter securement solutions, has closed a €10.2M funding round. The investment will support the company’s ongoing global growth. The round was led by Belgian medtech VC fund White Fund, and SFPIM, the sovereign wealth fund of Belgium. US-based medtech investors, along with existing investors ... Read more Read more ›
0
Most popular sources
Business Insider
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33% 13 |
CNET
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11% 8 |
Tom's Hardware
|
8% 2 |
Eurogamer.net
|
8% 7 |
Gizmodo
|
6% 1 |
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24.11.2024 21:43
Last update: 21:25 EDT.
News rating updated: 04:30.
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