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
Netherlands-based Strohm, a company specialising in developing and manufacturing pipelines for conventional and renewable energy sectors, has secured €30M in equity funding led by SENCO, a hydrogen-focused investment firm in Germany. The round also saw participation from existing shareholders, including Chevron Technology Ventures, Evonik Venture Capital, HydrogenOne Capital, ING Corporate Investments, and Shell Ventures. SENCO ... Read more Read more ›
3
Stockholm-based Klarna, an AI-powered global payments network and shopping assistant, on Monday announced the divestment of Klarna Checkout (KCO). This strategic move will allow KCO to continue “evolving and enhancing as an industry-leading product under new ownership,” the company says. “Klarna Checkout is very dear to me, and the impact it’s had on Klarna’s journey ... Read more Read more ›
3
London-based Supercede, a provider of a reinsurance technology platform, on Thursday, June 27 announced that it has secured $15M (approximately €14M) in a Series A funding round led by Alven. Others, including Mundi Ventures, as well as existing investors Outward, Seedcamp, MMC Ventures, and AFG Partners, also participated in the round. The UK company will ... Read more Read more ›
19
Amsterdam, renowned for its vibrant startup ecosystem, has been buzzing with activities this June 2024, with startups and companies from multiple sectors successfully raising funding. These companies are continuously pushing the boundaries of what’s possible, developing new technologies and solutions that address real-world challenges. According to the Global Startup Ecosystem Report (GSER), the Netherlands climbed ... Read more Read more ›
2
Paris-based Dust, a startup building custom AI assistants to speed up work, announced that it has secured $16M (nearly €14.95M) in a fresh round of funding led by Sequoia with participation from investors like XYZ, GG1, Connect Ventures, Seedcamp, and Motier Ventures. The Dust platform has also reached a milestone of $1M in annual recurring ... Read more Read more ›
8
Prague-based Rohlik Group, a European e-grocery retailer, announced that it has secured €160M in a fresh round of growth funding. The round was led by the European Bank for Reconstruction and Development (EBRD), with participation from existing investors Sofina, Index Ventures, Quadrille, and TCF Capital. Additionally, the European Investment Bank (EIB) contributed growth capital through ... Read more Read more ›
43
Amsterdam-based Carbon Equity, a climate venture capital, and private equity investment platform, on Thursday, June 27, announced the “strong first close” of its Climate Tech Portfolio Fund III at raised €60M. Climate Tech Portfolio Fund III, launched earlier this year, has a target of €125M and a maximum of €200M. The Dutch VC arranged the ... Read more Read more ›
3
Madrid-based Civitatis, a marketplace for guided tours and activities for Spanish and Portuguese-speaking consumers, has secured an additional $50M (approximately €46.73M) in funding from existing investor Vitruvian Partners, a London-based investment firm. With this funding, Civitatis says it will continue cementing its position as the premier brand for tours and activities in Spain and Latin ... Read more Read more ›
45
Have you been searching for the perfect event to elevate your tech career or startup? If yes, Turing Fest 2024 in Edinburgh is an event you can’t afford to miss. Scheduled to take place at the Edinburgh International Conference Centre (EICC) from July 9-10, this unique “cross-functional tech gathering” brings together tech leaders, product managers, ... Read more Read more ›
1
Eindhoven-based Axelera AI, a provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, has secured $68M (approximately €63.5M) in a fresh funding round from both existing and new investors. The fund was backed by existing investors — Innovation Industries, CDP Venture Capital, and Verve Ventures, as well as, Invest-NL, the ... Read more Read more ›
10
Dublin-based Better Futures, an early-stage AI-focused startup, has secured €500K in a pre-seed round of funding from angel investors. The funding will accelerate the roll-out of EVA (Engineering Virtual Assistant), Better Futures’ AI Assistant and Platform designed for engineers and manufacturers. Anthony Mc Loughlin, CEO and founder of Better Futures, says, “This pre-seed funding will ... Read more Read more ›
33
Berlin-based Bling, a mobile app that allows children to manage their budget, announced on Thursday that it has secured $12M (approximately €11.2M), bringing the total funding raised to $15M(approximately €14.1M). The funding round was led by Owl Ventures, with participation from Commerzbank Group’s VC, Neosfer, as well as existing investors PEAK and Angel Invest. With ... Read more Read more ›
1
London-based Zeti, a mobility startup, on Thursday announced that it has raised £5M (approximately €5.9M) in Series A funding from HYCAP Group, the UK-based net zero energy transition investor. The investment was led by Jo Bamford, Founding Partner of HYCAP and heir to JCB Ltd. Zeti says it will use the funds to accelerate the ... Read more Read more ›
9
Paris-based OSS Ventures, an industrial startup studio, announced that it has raised €8.5M in a fresh round of funding. This round boosts the studio’s total raised capital to €11M. With the raised capital, the studio plans to support five startups each year, focusing on their expansion across Europe and the US. Their goal is to ... Read more Read more ›
0
Amsterdam-based Bounce Watch, an AI-driven startup scouting and performance evaluation platform, announced on Thursday that it has closed its pre-seeding investment round at a valuation of €2.5M. The exact figures were not disclosed. Notable angel investors, including Aylin Kosova Bilgin, Can Üzel, Deniz Güven, Dora Güçsav, Gülin Yücel, and Süha Güçsav participated in the round. ... Read more Read more ›
3
Tech entrepreneurs, investors, and startup enthusiasts gathered in Kyiv for the first edition of the annual PowerUp Ukraine Conference and Startup Competition, an event aimed at strengthening the Ukrainian tech ecosystem and attracting international investment. The conference, organised by Glovo and the Ukrainian Startup Fund, featured three dedicated panels that showcased Ukraine’s investment potential. These ... Read more Read more ›
0
Prague-based VC firm Presto Ventures and Michal Strnad’s Czechoslovak Group (CSG) have launched Presto Tech Horizons, an investment fund targeting innovative security and defence tech companies. With a target size of €150M, the fund will become one of the world’s largest with this sector’s experience and expertise. Michal Strnad, Chairman of the Board and owner ... Read more Read more ›
0
Copenhagen-based Zoios, an AI-powered platform that tracks employee well-being and performance, announced on Wednesday, that it has secured $1M (approximately €936K) in funding in a Seed round. The funding round was backed by People’s Ventures, Y Combinator, and a syndicate of prominent Danish angel investors, including Christian Lohmann, Stefan Rosenlund, and Martin Ackermann. With this ... Read more Read more ›
12
The issue of sustainability has been high on the agenda for nations globally for quite some time, and its importance is showing no signs of waning. Since the Paris agreement, efforts towards implementing new initiatives that galvanize sustainability have grown in numbers and force, but many have still not reached and impacted the day-to-day processes ... Read more Read more ›
1
London-based Deskpro, a provider of helpdesk software solutions, announced on Tuesday that it has secured $25M (approximately €23.4M) in a Series A funding round led by Elsewhere Partners. The UK company plans to use the funding to enhance its customer experience team, expand its AI-powered help desk solutions, and further establish a presence in key ... Read more Read more ›
22
Most popular sources
Business Insider
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36% 9 |
Tom's Hardware
|
9% 3 |
CNET
|
8% 4 |
Eurogamer.net
|
7% 6 |
Gizmodo
|
7% 1 |
| View sources » | |
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25.11.2024 02:31
Last update: 02:25 EDT.
News rating updated: 09:20.
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