Stockholm-based Candela, a company specialising in hydrofoiling electric boats and ferries, has finalised its Series C funding round, raising an additional $14M (approximately €13.34M) to surpass $40M in total funding for 2024. The capital will support scaling production to meet growing demand for its electric watercraft, including the Candela P-12. The P-12 has been sold ... Read more Read more ›
109
As artificial intelligence (AI) gets weaved into every aspect of our lives and AI companies reach a stratospheric value, there is a critical AI problem that many are failing to discuss. According to Tim Kleinloog, co-founder and CTO of Deeploy, is that “it was and still is extremely hard to get AI into production successfully.” ... Read more Read more ›
3
Munich-based Flix SE, a travel technology company, announced on Thursday that EQT Group and Kühne Holding have acquired a 35 per cent minority stake worth around €1B. This investment values the company at over €3B, reports Bloomberg. As part of this investment, shares will also be purchased from existing shareholders to establish a long-term anchor ... Read more Read more ›
4
In this rapidly evolving world of technology, securing capital can be a crucial factor in determining a company’s success or failure. Generally, investment rounds not only provide the necessary capital for growth but also validate a company’s potential, attracting further interest from investors and others. European startups, in particular, have been demonstrating remarkable performance in ... Read more Read more ›
15
Brussels-based Cowboy, a designer and manufacturer of electric bikes, announced that it has launched three new live games in its app, including its flagship game ‘Race’, as part of its Summer Update for Connect. ‘Race’ marks Cowboy’s debut in social gaming, where riders compete in 500m sprints against others with similar profiles. This addition aims ... Read more Read more ›
3
Tallinn-based SmartCap Venture Capital Fund has invested €5M in Antler’s Nordic Fund II, to strengthen its support for early-stage startups and innovative tech investments. The Nordic Fund II secured anchor investments from the Export and Investment Fund of Denmark (EIFO) and Tesi from Finland. This fund marks Antler’s second focused effort in the Nordic region, ... Read more Read more ›
1
Coimbra, Portugal-based Eneida, a company specialised in Neighbourhood Grid Intelligence for Zero Emission Neighbourhoods (ZEN), announced on Friday that it has secured €10.5M in a Series B funding round led by Junction Growth Investors Other investors, including Santander Alternative Investments, Korys, HCapital, and the company’s Founders, also participated in the round. The new funding will ... Read more Read more ›
1
Amsterdam-based longform.ai, a UvA spin-off, developing a subscription-based AI service, announced on Thursday, July 4, that it has secured €300K from Innovatiefonds Noord-Holland. Online conversations, such as podcasts and webinars, are rapidly growing and becoming increasingly important sources of information for analysts, researchers, and business decision-makers. This presents a new challenge: with thousands of hours ... Read more Read more ›
2
Berlin-based CYCLE, a full-service mobility provider, has acquired the Dutch market leader for electric delivery bicycles, Ebike4Delivery. This acquisition bolsters CYCLE’s position in Europe’s e-bike delivery industry. The acquisition includes Ebike4Delivery’s team, bicycles, and leasing contracts, but the brand, services, and production in Nijmegen will remain unchanged. The Ebike4Delivery founding team will serve as advisors ... Read more Read more ›
1
The Netherlands has always been considered a hub for innovation and entrepreneurship. In recent years, this reputation has only grown stronger, with multiple tech startups emerging and gaining recognition internationally. Right from a sustainable online supermarket model to developing the world’s most efficient and sophisticated edge AI solutions, Dutch startups are making waves across various ... Read more Read more ›
12
Berlin-based alcemy, a deeptech startup, has secured $10M (approximately €9.25M) in funding to expand its cement decarbonisation solution. This funding follows alcemy’s partnership with Spenner, Germany’s fifth-largest cement manufacturer. Together, they have developed a commercial-grade low-clinker, low-carbon cement mixture, a first for the industry globally. The round, led by Norrsken VC, aims to advance alcemy’s ... Read more Read more ›
0
Can social enterprises impact our lives the same way that tech startups do? The Dutch New Narrative Lab (DNNL) is on a mission to help social enterprises become economically sustainable with its launchpad mission. While tech startups hog all the limelight in the Dutch startup ecosystem, there is now renewed focus on innovative impact startups ... Read more Read more ›
1
Utrecht-based Mystic Forge, a boutique game publisher, announced on Thursday that it has secured €2M in a fresh funding round from ForsVC and ROM Utrecht Region. This important partnership was officially confirmed during INDIGO 2024 in Utrecht. Paul Hanraets, co-founder of Mystic Forge says, “From our initial conversations, it was clear that ForsVC and ROM ... Read more Read more ›
3
France-based HomeCamper and Netherlands’ Campspace, two peer-to-peer micro camping platforms, have announced a strategic merger, creating the largest network of private camping spots in Europe. Both HomeCamper and Campspace share a common vision: to enhance outdoor experiences by connecting enthusiasts with private or small-scale hosts offering “unique” stays in nature. With this merger, the combined ... Read more Read more ›
18
The Gerard & Anton Awards, the annual election of the ten most promising startups in the Brainport Eindhoven region, announced on Wednesday, July 3, the winners of the tenth edition at the High Tech Campus in Eindhoven. The event drew over 300 attendees, making it the largest to date. According to the award organisers, out ... Read more Read more ›
3
It’s easy to be a little envious when seeing some of the high salaries on offer in the U.S., especially when it comes to tech jobs. According to Indeed’s salary search tool, in America, a Software Engineer can expect to make $105, 202 on average, a data analyst can pull $78,126, an AI research engineer ... Read more Read more ›
0
Berlin-based alcemy, a deeptech startup, has secured $10M (approximately €9.25M) in funding to expand its cement decarbonisation solution. This funding follows alcemy’s partnership with Spenner, Germany’s fifth-largest cement manufacturer. Together, they have developed a commercial-grade low-clinker, low-carbon cement mixture, a first for the industry globally. The round, led by Norrsken VC, aims to advance alcemy’s ... Read more Read more ›
48
The Netherlands-based VC firms LUMO Labs and SHIFT Invest announced that they have invested €550K in Roboat, a spin-out from MIT and the Amsterdam Institute for Advanced Metropolitan Solutions (AMS). Roboat aims to enhance urban liveability by automating waterways, contributing to safe, efficient, and sustainable transport. Quint van Honk, SHIFT Invest, says, “We are impressed ... Read more Read more ›
1
Hilversum, the Netherlands-based Polestar Capital’s Circular debt fund (PCDF), announced on Thursday that it has landed €43M to bridge the finance gap for Dutch circular SMEs. Out of the total, €30M comes from the European Investment Fund (EIF), backed by InvestEU and the Dutch Alternative Credit Instrument in which the EIF participates together with Dutch ... Read more Read more ›
9
ABN AMRO Bank announced on Wednesday that has officially completed the acquisition of Amsterdam-based neo-brokerage platform BUX. The acquisition was subject to regulatory approvals, which have been obtained. The Dutch Central Bank has approved the acquisition, and the transaction has now been finalised. Following the announcement of the deal in December 2023, ABN AMRO has ... Read more Read more ›
0
LG Electronics announced on Wednesday that it has expanded its presence in the smart home market by acquiring an 80 per cent stake in Athom, the Dutch company behind the Homey smart home platform. According to the deal, LG will buy the remaining 20 per cent within the next three years. While LG didn’t provide ... Read more Read more ›
0
Most popular sources
Business Insider
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36% 10 |
Tom's Hardware
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9% 3 |
CNET
|
8% 4 |
Gizmodo
|
7% 2 |
Eurogamer.net
|
7% 6 |
| View sources » | |
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25.11.2024 00:21
Last update: 00:11 EDT.
News rating updated: 07:10.
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