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
The remarkable rise of generative artificial intelligence opened a universe of potential and brought a flood of founders and investors into the sector. As a result, Generative AI will usher in a new age of human creativity, but only once we work with it properly. Generative AI’s most profound implications and incredible possibilities are in ... Read more Read more ›
0
London-based Zilch, an ad-subsidised payments network (ASPN), announced on Wednesday that it has secured a key £100M (approximately €118M) securitised debt financing arranged by Deutsche Bank (DB). With this, the company is set to triple its sales volume with a new milestone deal as it moves closer to an IPO. The financing will enable Zilch ... Read more Read more ›
3
The acquisition marks a pivotal step in accelerating Bullhorn’s AI strategy, opening up new avenues for innovative solutions to benefit its customers. Read more ›
9
Stockholm-based Gilion (formerly Ark Kapital), a growth & lending platform, announced on Wednesday that it has appointed Andreas Hedlund as its new CFO and Deputy CEO. The appointment of a new CFO and Deputy CEO comes just months after the company secured a new €10M in equity funding round from a mix of new and ... Read more Read more ›
7
Tallinn-based Bisly, a provider of smart building automation platforms, announced on Wednesday that it has secured €6.2M in a Series A funding round. The new investors include Foxway founders Urvo Männama and Paul Padrik, who join Aconterra, SmartCap Green Fund, Pinorena Capital, and several angel investors who invested in the company via convertible instruments last year. ... Read more Read more ›
31
Munich-based StoryBox, a company that offers AI-based video creation solutions for businesses, has raised €5.5M in a Series A round of funding. The round was led by new investor Wille Finance, along with existing investors BayBG, High-Tech Gründerfonds (HTGF), CK Ventures, and G8 Way Ventures. Ben Rodrian, CEO and founder of StoryBox, says, “We are ... Read more Read more ›
3
Oxford-based ISH (Invincible Software Holdings), an active software holding company, announced on Monday, June 17, that it has acquired Staff Squared, a core HR platform based in the UK. This marks ISH’s fourth acquisition in two years, following the successful acquisitions of Jobtoolz in June 2023, Homerun in December 2023, and Hirehive in May 2024. ... Read more Read more ›
1
Gelderland, Netherlands-based Joosten Groep, a team of specialists for infrastructure, water management, and urban green spaces, announced on Tuesday that it has invested in JustNimbus to tackle future challenges related to water shortages. However, the exact amount was not disclosed. With the strategic investment in JustNimbus, Joosten Groep will implement JustNimbus systems in their projects ... Read more Read more ›
0
Barcelona-based TravelPerk, a platform for managing business travel globally, has announced the acquisition of AmTrav, a Chicago-based travel booking company. This will help TravelPerk’s commitment to expanding its presence in the US market. What does AmTray offer? AmTrav was founded in 1989 by two friends, Craig Fichtelberg and Jeff Klee, in their University of Michigan ... Read more Read more ›
2
Cambridge, UK-based CuspAI, an applied AI company that has developed a search engine to design new and more efficient materials, announced on Tuesday that it has secured $30M (approximately €28M) in seed funding. The round was led by Hoxton Ventures, with significant participation from Basis Set Ventures and Lightspeed Venture Partners.  Other investors in the ... Read more Read more ›
4
Helsinki-based Droppe, a Finnish B2B distribution company, has closed a €3.9M funding round led by OpenOcean, a European early-stage venture capital firm. Key participants in the funding round included Miki Kuusi and Marianne Vikkula from Wolt, Ilkka Paananen from Supercell, Robert Gentz from Zalando, and Lifeline Ventures, Droppe’s existing investor. OpenOcean’s General Partner, Tom Henriksson, ... Read more Read more ›
3
The NATO Innovation Fund (NIF), an independent venture capital firm backed by 23 NATO Allies, on Tuesday, announced its first deep tech investments from the €1B Fund. This investment aims to boost defense, security, and resilience by transforming manufacturing, improving air travel, advancing AI, and enabling autonomous robotic solutions. “Enabling capital and support for strategic ... Read more Read more ›
2
London-based FINBOURNE, a fintech company that provides modern financial data stacks, announced on Tuesday that it has secured £55M (approximately €65M) in a Series B funding round led by Highland Europe and AVP. The funding announcement comes three years after raising £15M (approximately €17M) in a Series A funding round in 2021. This investment will ... Read more Read more ›
3
Amsterdam-based Cawa, an API infrastructure for carbon accounting and ESG platforms, announced that it secured €500K in a fresh round of funding. The capital will support Cawa’s mission to facilitate the sale of transparent, high-quality carbon credits. The round was led by Shamrock Ventures, with participation from Golden Egg Check Capital and seasoned angel investors. ... Read more Read more ›
0
With 29 per cent of executive positions held by women in Germany, more and more female entrepreneurs are shaping the future of business. Read more ›
0
Zurich-based Taskbase, an edtech company, announced on Monday that it has secured $3.9M (approximately €3.6M) in a fresh funding round from Acrobator Ventures (Acrobator.vc), Mediahuis Ventures, Bloomhaus Ventures AG, and other existing investors. The Swiss company will use the money to accelerate its growth and expansion into other European markets. Additionally, it is planning to ... Read more Read more ›
0
Founded by Jeffrey D. Abbott of Blitzscaling Ventures, AiSalon aims to unite those involved in AI technology. Read more ›
10
Paris-based Omi, an AI-powered visual generation startup, announced on Monday that it has raised €13M in a Series A funding round led by Dawn Capital. Other investors, including Founders Future and other angel investors, including Paul Robson, former international president at Adobe, participated. The French company will use the funds to accelerate the development of ... Read more Read more ›
2
Amsterdam-based Kollie, a provider of conversational AI voice agents, announced that it has launched its AI phone agent in multiple languages — Dutch, English, and German. With this, the Dutch company aims to offer businesses tailored, efficient, and natural interactions across a spectrum of European languages. “Kollie’s launch with Dutch proficiency is just the start ... Read more Read more ›
1
London-based Ohalo, an unstructured data intelligence, on Friday, June 14 announced that it has secured £2.8M (approximately €3.3M) in funding from YFM Equity Partners, UK-based private equity investors. The company will use the funds to accelerate its global expansion and development. At present, being able to manage large volumes of data is a pressing need ... Read more Read more ›
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Most popular sources
Business Insider
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32% 7 |
Tom's Hardware
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8% 0 |
CNET
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8% 2 |
Gizmodo
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8% 0 |
Eurogamer.net
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7% 6 |
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25.11.2024 05:17
Last update: 05:11 EDT.
News rating updated: 12:10.
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