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 ›
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Delft-based Quantum Delta NL, the Netherlands’ national ecosystem for excellence in quantum innovation, announced on Friday, July 12 that it has secured €273M investment from The National Growth Fund (NGF) as part of the third phase of the QDNL programme. This brings the total amount of funding awarded to QDNL to €615M. The goal of ... Read more Read more ›
1
Delft-based Kalpana Systems, a machinery manufacturer, has secured €3.5M in fresh funding from Fairtree Elevant Ventures, SIG InnoVentures, and the Energy Transition Fund Rotterdam. This funding will help the Dutch company bring its innovative spatial Atomic Layer Deposition (sALD) technology to market. The technology is crucial for applying ultra-thin layers used in next-generation solar panels, ... Read more Read more ›
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In this digital age, we still need to send physical documents. Whether it’s a signed contract, a medical form or a legal document, sometimes you need to get that piece of paper from your hands to someone else’s desk quickly and securely. Goodbye, bulky fax machines. With the right app on your phone, you can scan ... Read more Read more ›
0
Roma-based Exein, an embedded IoT cybersecurity company, announced that it has raised €15M in a Series B round of funding. The round was led by an investor in cybersecurity and infrastructure software, 33N, and supported by Partech, along with existing investors United Ventures, eCAPITAL, and Future Industry Ventures (a Redstone/SBI fund). Carlos Alberto Silva, Managing ... Read more Read more ›
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Tidalkite, an underwater kite designed to harness energy from tidal currents in three dimensions, has received a €2.5 million grant from Waddenfonds (Wadden Fund). The Tidalkite is an innovative underwater kite specifically developed to utilise energy from tidal currents in three dimensions. It’s a patented, multi-wing design that enables a single Tidalkite unit to capture ... Read more Read more ›
1
The Netherlands-based Equinox Ocean Turbines, a company dedicated to providing the world’s third clean energy source in the form of ocean current energy, has closed its seed funding round, securing €2.4M. The round was led by EIT InnoEnergy and also saw contributions from Damen Maritime Ventures, NOM, FOM, Init Power, and two private investors. Capital ... Read more Read more ›
1
Hannover-based HERO Software, a SaaS platform for tradesmen SMEs in the DACH region, has closed €40M in a Series B round of funding led by Eight Roads Ventures. In addition to the lead investor, existing investor Cusp Capital, Federated Hermes also participated in the round. Lucile Cornet, Partner at Eight Roads Ventures, says, “At Eight ... Read more Read more ›
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Ghent-based team.blue, a digital enabler for entrepreneurs and SMBs in Europe, has received an investment from the Canada Pension Plan Investment Board (CPP Investments), valuing the company at €4.8B. CPP Investments has committed approximately €550M to acquire a 20 stake in the Belgian tech company. Hg remains the largest single investor in team.blue. Jonas Dhaenens, ... Read more Read more ›
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Berlin-based lemon.markets, a Brokerage-as-a-service platform, has secured €12M in additional funding from CommerzVentures, Heliad, and existing investors like Creandum, Lakestar, Lightspeed, and System.one. Jonas Wenke of CommerzVentures, says, “At CommerzVentures, we love partnering with the most talented teams that are solving financial services’ most complex problems. lemon.markets certainly tick both boxes.” “Max (founder of lemon.markets) ... Read more Read more ›
0
With the important role of nuclear energy in reducing carbon emissions, many European nuclear startups are flourishing—see what they can offer. Read more ›
2
The District Court of Amsterdam has reached a verdict in a case brought forward by trade unions FNV and CNV against Temper, a platform for self-employed individuals, asserting that Temper acts as an employer for the workers on its platform. After four years of legal proceedings, the court has ruled in favor of Temper, confirming ... Read more Read more ›
0
Rotterdam-based Pan Cancer T, a biotech startup specialising in advanced T cell therapies for solid cancer treatment, has closed €4.25M in a seed extension round. This round brings the company’s total raised capital to around €11M. The funding includes backing from new investor InnovationQuarter Capital and ongoing support from existing investors Van Herk Ventures, Thuja ... Read more Read more ›
2
California-based AMD, a company building products that accelerate next-gen computing experiences, announced that it has signed a definitive agreement to acquire Helsinki’s Silo AI, a private AI lab, for nearly $665M (approximately €613.77M) in an all-cash deal. This acquisition aligns with AMD’s strategy to provide complete AI solutions based on open standards and global partnerships. ... Read more Read more ›
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In H1 2024, European tech investment has propelled to nearly $30B, driven by mega rounds for energy and Generative AI companies, reveals data from Dealroom. This is up by 12 per cent compared to the same time last year, signalling a strong return to growth for the European tech ecosystem. Strong quarter for Generative AI ... Read more Read more ›
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Munich-based trail, a technology startup building the copilot for AI governance, announced on Thursday that it has raised €1.45M in a pre-seed round led by early-stage investor CapitalT. Other investors participated, including NP-Hard Ventures, Mozilla Ventures, Common Magic, and various business angels. The German company will use the funds to accelerate its product development, expand ... Read more Read more ›
0
Amsterdam-based Lleverage, an AI startup, announced on Wednesday that it has emerged from stealth with €2M in pre-seed funding. This round includes notable advisors such as Bob van Luijt (Founder of Weaviate), Chris Moojen (Executive at Atlassian), and Martijn Niessen (CEO of Infinite Group). With this capital, the Dutch company aims to expand its client ... Read more Read more ›
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Singapore-based SHEIN, an online fashion and lifestyle retailer, announced on Wednesday that it has committed to invest €250M in the UK and EU over the next five years. The announcement comes a few weeks after Shein confidentially filed for an IPO in London. This move follows significant backlash from American lawmakers after it tried to ... Read more Read more ›
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Female entrepreneurs are making waves this year, with a record number of fast-growing startups based in Belgium. Read more ›
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Squad Mobility, a company based in the Netherlands that aims to provide an affordable Solar Car for everyone, has secured fresh EU funding as part of a tender won by the GIANTS consortium. The GIANTS (Green Intelligent Affordable Nano Transport Solutions) is a Horizon Europe project that aims to provide affordable and accessible mobility solutions ... Read more Read more ›
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After a strong first quarter, the second quarter saw a sharp decline in investments in Dutch startups. Although the number of investments remained approximately the same, the very large rounds of around €100M and higher, made the difference, reveals Quarterly Startup Report. Quarterly Startup Report is a collaborative effort by Dealroom.co, Golden Egg Check, KPMG, the Dutch Association ... Read more Read more ›
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Most popular sources
Business Insider
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31% 14 |
CNET
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10% 7 |
Tom's Hardware
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9% 2 |
Gizmodo
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7% 1 |
Eurogamer.net
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6% 5 |
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24.11.2024 22:49
Last update: 22:40 EDT.
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