Stockholm-based Candela, a company specialising in hydrofoiling electric boats and ferries, has finalised its Series C funding round, raising an additional $14M (approximately â¬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 âº
109
Stockholm-based Net Zero Company, a company dedicated to advancing carbon removal accessibility, has completed a $5.5M (approximately â¬5.13M) seed funding round. Investors including Oilinvest, VARO Energy, and SilviCarbon led the investment. The funds will help the company in its global expansion efforts and introduce new products, including the Carbon Removal Tokenâa real-world asset-backed token. Helping ... Read more Read more âº
7
Munich-based Zing Coach, a health tech startup with an AI-powered fitness app, has secured $10M (approximately â¬9.34M) in Series A round of funding from Zubr Capital and Triple Point Capital. This investment will help the company enhance its AI-powered fitness app, grow its team, and expand into new markets. Viktar Dzenisevich, Investment Director and Partner ... Read more Read more âº
21
Eindhoven-based Incooling, a company that designs and develops two-phase cooling system solutions for data centres, has been crowned as a winner of the Dutch Tech Innovator Competition 2024, organised by KPMG at Atelier de Vijzel in Amsterdam. The Dutch startup is on a mission to âcool the planet, one server at a time,â with its ... Read more Read more âº
3
London-based EV charging company Char.gy has received £100M (approximately â¬118.25M) commitment from the Charging Infrastructure Investment Fund (CIIF), to expand its on-street charging network across the UK in the next five years. According to the UK-based company, this development will address the needs of over 11 million UK households, approximately 40 per cent of the ... Read more Read more âº
3
London-based Sava, a medical device company developing a wearable biosensor platform, announced on Friday that it has secured $8M (approximately â¬7.4M) in a Seed funding round led by Balderton Capital and Exor Ventures. This funding round brings the total raised by the London-based startup to $13M (approximately â¬12.1 M) from leading VC firms, angel investors, ... Read more Read more âº
1
Munich-based Isar Aerospace, a space technology company that offers launch solutions for satellite constellations, announced that it has expanded its Series C funding round by more than â¬65M, reaching a total of more than â¬220M. The Series C extension round brings the companyâs total funding to over â¬400M. This extension includes investment from the NATO ... Read more Read more âº
9
Amsterdam-based Azerion, a digital advertising and entertainment media platform, announced the successful placement of a subsequent bond issue totaling â¬50M on Thursday, June 20. This issuance was made under the Companyâs existing senior secured floating rate bond framework of â¬300M. After the completion of the Subsequent Bond Issue, the outstanding aggregate principal amount under the ... Read more Read more âº
15
Cambridge-based Wave Photonics, a deeptech startup, announced that it has secured £4.5M (approximately â¬5.32M) in a seed round of funding to develop on-chip photonics designs for quantum technologies, sensors, and data centre applications. The round was led by the UK Innovation & Science Seed Fund and Cambridge Enterprise Ventures, with contributions from Redstone QAI Quantum ... Read more Read more âº
22
Amsterdam-based Nebul, a provider of sovereign-hybrid cloud solutions, announced on Tuesday, June 18 that, it has secured â¬20M from BeStacking, led by founders with a long history of supporting transformative IT companies across Europe. The latest investment will enable the Dutch startup to scale its Private AI infrastructure throughout Europe, as well as advance strategic ... Read more Read more âº
3
Europe has historically not produced many tech giants due to a lack of technical founders with software development and engineering skills. However, this is changing! For the first time, a new generation of technical founders is emerging, set to build Europeâs first-ever tech giant. This is according to research released today in Europeâs New Tech ... Read more Read more âº
9
Rotterdam-based EventCHI, a payments, ticketing, and intelligence platform, has secured over â¬1.6M in a seed round of funding. This investment will drive the growth of the companyâs AI and blockchain platform, which aims to transform event experiences globally. EventCHIâs founders identified challenges in the event industry and set out to innovate solutions. They combined their ... Read more Read more âº
4
Prague-based Zerops, a spin-off from hosting provider VSHosting, has secured $500K (approximately â¬466K) in a pre-seed round of funding from Presto Ventures and Gi21 Capital. Ales Rechtorik, CEO & co-founder of Zerops, says, âZerops is the very definition of a âby developers for developersâ product. The core of our vision, as well as our guiding ... Read more Read more âº
9
Hamburg-based atmio, a company building the operating system for the oil and gas sector, announced on Thursday that it has secured â¬5.1M in a seed funding round led by Notion Capital, with participation from SquareOne. Other investors who participated in the round include HCVC and Robin Capital; as well as angel investment from Bernhard Mohr, ... Read more Read more âº
1
Hamburg-based DealCircle, a company offering technology-based M&A solutions for M&A advisors and buyers, has secured a 7-figure euro funding deal from Round2 Capital, to support its business expansion. According to the company, the revenue-based finance investment and its flexible refinancing profile align well with the companyâs success-based business model. DealCircle was founded in 2018 by ... Read more Read more âº
0
London-based  PQShield, a cybersecurity company specialising in post-quantum cryptography (PQC), announced on Thursday that it has raised $37M (approximately â¬34.4M) in Series B funding led by Addition. New investors Chevron Technology Ventures, Legal & General, and Braavos Capital, together with existing backers, Oxford Science Enterprises, also participated in the round. PQShield CEO and founder, Ali ... Read more Read more âº
3
Delft-based Qblox, a provider of scalable and modular quantum control stacks, announced on Thursday that it has secured $26M (approximately â¬24.2M) in a Series A funding round led by Quantonation and Invest-NL Deep Tech fund. Others, including QDNL participations and the European Innovation Council (EIC), also participated in the round. The recent capital injection will ... Read more Read more âº
0
Paris-based Wakeo, a provider of real-time supply chain visibility solutions, announced on Thursday that it has acquired Veroo Software, a platform specialising in road transportation management and predictive analytics. Veroo, which was initially created within the WALTER GROUP and is used by the transportation company LKW WALTER, has claimed to handle more than 1.7M full ... Read more Read more âº
40
Saronno, Italy-based Avaneidi, a startup developing enterprise storage systems, announced on Thursday that it has secured â¬8M in a Series A funding round by United Ventures. The Italian company will use the funding to accelerate the development of its Enterprise SSDs (ESSDs) and all-inclusive storage appliances, enhancing performance, security, and energy efficiency Avaneidi: Redefining the ... Read more Read more âº
19
Zurich-based DeepJudge, a legal AI startup, announced on Tuesday, June 18, that it has secured $10M (approximately â¬9.3M) in an oversubscribed seed funding round led by Coatue, with participation from notable angel investors such as Gokul Rajaram, Michele Catasta, and others. The Swiss company will use the funds to accelerate its expansion to enhance team ... Read more Read more âº
4
The investment aims to advance autonomous capabilities for unmanned military systems. Read more âº
1
Most popular sources
Business Insider
|
35% 9 |
Tom's Hardware
|
9% 2 |
Gizmodo
|
7% 2 |
CNET
|
7% 3 |
Eurogamer.net
|
7% 6 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
25.11.2024 04:47
Last update: 04:35 EDT.
News rating updated: 11:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.