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
Amsterdam-based Mollie, a financial services provider, has announced the launch of Mollie Invoicing. This new solution allows users to send invoices from the Mollie Dashboard, addressing customer demand. According to Mollie, customer feedback revealed a need for a proprietary invoicing solution. Consequently, the development of Mollie Invoicing is a step in enhancing services for B2B ... Read more Read more ›
0
London-based Stability AI, an open-source generative AI company, announced on Tuesday, June 25 that it has secured undisclosed funding from a consortium of investors. However, Reuters reported that the company has closed $80M (approximately €75M) in funding. The investor group includes Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, O’Shaughnessy Ventures, and renowned operators and ... Read more Read more ›
12
Eindhoven-based Sendcloud, an e-commerce shipping platform, announced today its intent to acquire isendu, an Italian shipping automation platform serving more than 1,000 online businesses. Both companies have reached a mutual agreement on the principal terms of their acquisition, which is anticipated to be finalised by the end of Q3, 2024. Aim of the acquisition Isendu ... Read more Read more ›
3
Helsinki-based Valpas, a provider of a tech, pesticide-free, solution for bedbug-safe stays in hotels and rentals, announced on Wednesday that it has secured €4M in seed funding led by Zenith VC. Other investors, including Icebreaker VC, Finnish Industry Investment, Canon Marketing Japan MIRAI Fund, Activum SG Ventures, Houghton Street Ventures, Rockaway Ventures, and Morrow Ventures, ... Read more Read more ›
6
Oslo-based Fantasy Chess, an interactive chess platform founded by 17-time World Chess Champion Magnus Carlsen, has raised $3M (approximately €2.8M) in a pre-seed round of funding. The round was led by SNÖ Ventures and Coatue, with participation from Breakthrough Initiatives and Thiel Capital. The funding will support the expansion and enhancement of Fantasy Chess’ interactive ... Read more Read more ›
2
North Brabant, the Netherlands-based Ebusco, a company known for developing electric buses and energy solutions, announced an update on Tuesday stating that its previous forecast of revenue exceeding €325M and a positive EBITDA in 2024 is no longer achievable. The announcement comes after evaluating the results for the first few months of 2024 and the ... Read more Read more ›
40
London-based Climate X, a climate risk intelligence company, announced that it has raised $18M (approximately €16.81M) in a Series A round of funding to accelerate its global expansion. The funds will help financial organisations price the impact of climate change on their physical asset portfolios. The round was led by GV (Google Ventures), with support ... Read more Read more ›
0
London-based Climate X, a climate risk intelligence company, announced that it has raised $18M (approximately €16.81M) in a Series A round of funding to accelerate its global expansion. The funds will help financial organisations price the impact of climate change on their physical asset portfolios. The round was led by GV (Google Ventures), with support ... Read more Read more ›
1
Berlin-based LiveEO, an earth observation company, announced on Tuesday that it has secured €25M in a Series B funding round led by NordicNinja and DeepTech & Climate Fonds (DTCF). The recent funding takes the total raised by the Berlin firm to €51.6M. This investment will accelerate the development of LiveEO’s solutions and expand its team ... Read more Read more ›
2
Belgium-based Chift, a provider of unified APIs for business software integrations, announced that it has raised €2.3M in a seed round of funding from investment firms and business angels to support its growth. The round was led by Entourage, a Ghent-based fund specialising in B2B SaaS, founded by Pieterjan Bouten, the former CEO of Showpad. ... Read more Read more ›
4
Vienna-based Prewave, an AI-powered supply chain intelligence startup, announced on Tuesday that it has secured $67M (approximately €63M) in a Series B funding round, led by the global investment firm Hedosophia. Existing investors, including Creandum, Ventech, Kompas, Speedinvest, and Working Capital Fund, participated. The Austrian company will use the new funds to fuel global expansion ... Read more Read more ›
9
Ghent-based Otamiser, a ranking management solution provider for the hospitality industry, has secured $3M (approximately €2.79M) in fresh funding. Previously operating with bootstrapped resources, Otamiser is now attracting tech investors for global expansion. The company’s current round was led by Pitchdrive VC, represented by Wim Derkinderen, Boris Bogaert, and Koen Christiaens. Investors also include Stijn ... Read more Read more ›
27
Zug, Switzerland-based SkyCell, a company transforming the pharmaceutical supply chain, announced on Tuesday that it has closed $116M (approximately €108M) in a Series D funding round. Out of the total amount, $59M (approximately €55M) was contributed by Tybourne Capital Management and CCI, while an additional $57M (approximately €53M) in equity investment was provided by Catalyst, ... Read more Read more ›
12
Ghent-based TechWolf, an AI company, announced on Tuesday that it has secured $42.75M (approximately €39.8M) in a Series B funding round led by Felix Capital. Other investors, include 20VC, Acadian Ventures, Fortino Capital Partners, Notion Capital, PMV, SAP, SemperVirens, ServiceNow Ventures, Stride.VC, Workday Ventures, and notable AI leaders from Deepmind and Meta participated in the ... Read more Read more ›
1
Amsterdam-based Fastned, the fast-charging company, announced on Monday, June 24 that it has issued €32.9M of new bonds, with a 6 per cent coupon and a 5-year maturity. Out of this amount, €12.3M came from investors that have extended their investments from earlier tranches. This 15th tranche in the bond programme brings the total outstanding ... Read more Read more ›
2
Neustark, a Switzerland-based carbon removal company, announced that it has raised $69M (approximately €64.26M) in a growth equity round of funding. The company claims that this is one of the largest growth equity investment rounds in carbon removal. The investment was led by Decarbonization Partners, a collaboration between BlackRock and Temasek. Climate tech growth investor ... Read more Read more ›
0
Amsterdam-based NLC Health Ventures, in collaboration with Verily (an Alphabet Inc. company formerly known as Google LifeSciences), on Monday announced the launch of Exolvo Biosciences, a biotech company delivering solutions for biologic drug delivery. Through Exolvo, NLC seeks to advance drug delivery technology that was incubated within Verily and is now being spun out as ... Read more Read more ›
28
Paris-based Hero, a new fintech startup that offers an all-in-one platform to accept payments and manage cash flow, announced that it has secured €11.3M in funding to address the gaps in financial solutions for small and medium enterprises (SMEs). The company raised €7M in 2022 and announced, on Thursday, June 20, that it has raised ... Read more Read more ›
16
Leiden-based Vico Therapeutics, a clinical-stage genetic medicines company, announced on Monday that it has secured €11.5M funding in a second closing of a Series B financing round from Seroba and Kurma Partners. The announcement comes six months after raising €54M in a Series B funding round earlier this year to support the development of therapies ... Read more Read more ›
27
Düsseldorf, Germany-based CUREosity, a MedTech company, announced on Monday that it has secured €3.8M in a growth financing round from existing and new investors. The growth financing round saw participation from existing investor TechVision Fund (TVF), and the Belgian family office Nomainvest, alongside other new co-investors. TVF, which specialises in investing in medical technology companies, ... Read more Read more ›
1
Most popular sources
Business Insider
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37% 9 |
Tom's Hardware
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9% 3 |
CNET
|
8% 3 |
Gizmodo
|
7% 2 |
Eurogamer.net
|
7% 5 |
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25.11.2024 03:31
Last update: 03:26 EDT.
News rating updated: 10:20.
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