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
Stockholm-based Klarna, an AI-powered global payments network and shopping assistant has confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering. However, the number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take ... Read more Read more ›
9
Amsterdam-based Sympower, a company enabling the transition to a fully renewable energy system, announced that it has secured €21.3M in an oversubscribed Series B1 funding round from new and existing investors. The round was led by A&G Energy Transition Tech Fund (A&G ETTF), with direct investment from the European Investment Fund (EIF), and participation from ... Read more Read more ›
4
Amsterdam’s online food delivery marketplace Just Eat Takeaway.com has announced the sale of its US-based subsidiary, Grubhub, to Wonder Group for an enterprise value of $650M (approximately €612.83M). The deal, expected to conclude in Q1 2025, represents the latest strategic shift for Just Eat Takeaway.com as it realigns its focus on markets where it holds ... Read more Read more ›
0
Frankfurt-based big xyt, a data analytics company for financial markets, has secured its first external investment—a €10M funding round led by Amsterdam’s Finch Capital. After a decade of profitable, bootstrapped growth, big xyt aims to use the funds to expand into key markets, including Europe, the US, and Asia-Pacific (APAC). The investment will also support ... Read more Read more ›
2
Paris-based Trace For Good, a company specialising in the traceability of consumer goods supply chains, announced on Tuesday that it has secured €3.5M in funding. The latest funding round was led by Hi inov Dentressangle and Ankaa Ventures, alongside CS Ventures and historical investors, including Seed4soft. With this funding, the company will expand its consumer ... Read more Read more ›
2
Helsinki-based venture capital firm Maki.vc has launched its third fund of €100M to invest in pre-seed and seed-stage startups across the Nordics and Northern Europe. Focused on the Nordic region, the fund leverages deep tech expertise and a supportive public investment landscape. Backed by over 50 limited partners—including leaders from Skype, Wise, RELEX Solutions, WithSecure ... Read more Read more ›
48
Berlin-based Quantune, a deep tech startup in optics and photonics technology, announced on Tuesday that it has secured €13.5M in seed financing round. Out of the total, the company raised €8.5M in equity financing, led by U.S.-based Point72 Ventures and Munich-based Vsquared Ventures. This funding comes on top of more than €5M in public grants ... Read more Read more ›
36
Amsterdam-based Solaq, a developer of sustainable Air-to-Water technology, announced on Tuesday that it has secured €1.4M in a pre-seed investment round. The funding round was backed by early-stage water-tech investors Connect the Drops and Netherlands Enabling Watertechnology Fund. Additionally, the Dutch company also received subsidies from the Netherlands Enterprise Agency (RVO) and the Province of ... Read more Read more ›
2
London-based Ooodles, a fintech startup that specialises in IT procurement for SMEs, announced that it has secured an additional $2.7M (approximately €2.54M) in funding. Besides, the company also announced that it is expanding internationally with a launch in Ireland. This marks the company’s first venture outside the UK, bringing its AI-driven platform, Ooodles OS, to ... Read more Read more ›
0
Entrepreneurs drive innovation, pushing boundaries and transforming industries with their ideas. They often face risks and challenges, in an attempt to achieve their vision/mission, that goes beyond just profit — creating value and leaving a legacy. Many individuals have achieved remarkable success in the Netherlands, which is known for its entrepreneurial spirit. Their accomplishments result ... Read more Read more ›
0
Stockholm-based Nordic Air Defence, a defence tech startup, announced on Tuesday that it has secured €1.2M in funding led by Norway’s SNÖ Ventures. The funding round also saw participation from private investors, including Noam Perski, who joined Nordic Air Defence as a strategic advisor. New investors joining the Nordic Air Defence board, also investing in ... Read more Read more ›
0
Lyon-based Agicap, a treasury management platform, announced on Tuesday that it has secured €45M in a Series C funding round led by AVP. The announcement comes around three years after raising €82M in its Series B round of funding led by Greenoaks. Fund utilisation The company will use the funds to continue investing in its ... Read more Read more ›
29
San Francisco-based OneCrew, an end-to-end business management software platform, announced on Monday that it has secured $3.25M (approximately €3M) in seed funding round. The latest funding round was led by Entourage, a Belgian venture Studio and early-stage VC, and Bienville Capital, with participation from Alaris Capital. Explaining the partnership/connection with Entourage to Silicon Canals, Ari ... Read more Read more ›
1
The Hague-based Bubty, a provider of Freelance Management Systems (FMS), announced on Monday that it has secured an additional $3.3M (approximately €3M) in seed funding from its existing investors. The company will use the funds to accelerate its growth and scale its solution — Bubty Services, globally. The announcement comes around eleven months after raising ... Read more Read more ›
2
Groningen-based Iki.ai, a Dutch AI startup that envisions a next-generation knowledge interface, has secured a strategic investment from Dutch startup analysts Golden Egg Check. The funding amount, however, remains undisclosed. “Thomas Mensink and Gilles Meijer are shaping the future of the Dutch and European tech venture scene, so we’re happy they decided to take part ... Read more Read more ›
0
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
Oslo-based Verdane, an investment firm that partners with tech-enabled and sustainable European businesses, has closed its latest sustainable-focused fund, Idun II, at €700M hard cap. This is more than double the size of its previous Idun I fund, which closed at €300M. Aimed at decarbonising the economy, the Idun funds are designed to support European ... Read more Read more ›
15
London-based Cogna, a provider of precision software solutions, announced on Monday that it has secured $15M (approximately €14M) in a Series A funding round led by Notion Capital, with participation from Hoxton Ventures and Chalfen Ventures. With this investment, the London-based company plans to expand its platform capabilities, supporting a broader range of sectors and ... Read more Read more ›
12
Amsterdam-based Invest-NL, a national financing and development institution, announced that it has signed a Memorandum of Understanding (MoU) with Bpifrance for the next four years. “Invest-NL has been working closely with other European national promotional institutes (NPIs) since its inception. Both through our joint European organisation European Association of Long-Term Investors (ELTI) and bilaterally,” says ... Read more Read more ›
0
Stockholm-based DREM, a company simplifying the deployment of heat pumps for residential properties, has raised an additional €1M in funding. The investment came from venture capital firms, including Peak, byFounders, Redstone, and Futurum Ventures. Making the transition to renewable energy affordable Founded in 2022 by Babak Tighnavard, Hannes Palm and David Sennerlöv, DREM aims to ... Read more Read more ›
0
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23.11.2024 16:48
Last update: 16:40 EDT.
News rating updated: 23:42.
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