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
Robinhood, a US-based financial services platform, has agreed to acquire Luxembourg’s Bitstamp, a global cryptocurrency exchange. Founded in 2011, Bitstamp operates across multiple countries, including Luxembourg, the UK, Slovenia, Singapore, and the US. Robinhood’s acquisition of Bitstamp, boasting over 50 global licenses, will boost Robinhood Crypto’s worldwide expansion, drawing in customers from the EU, UK, […] Read more ›
2
London-based Octopus Energy, a clean energy tech company, announced on Wednesday the onboarding of two new investors: Galvanize Climate Solutions and Lightrock. However, the exact figures were not disclosed. The announcement comes a few weeks after the company secured investments from existing shareholders Generation Investment Management and Canada Pension Plan Investment Board (CPP Investments). Both […] Read more ›
23
Amsterdam-based Prêts, a company working on accelerating energy-efficient real estate, has secured €1M in funding to make sustainable home technologies like heat pumps and solar panels more accessible. Supported by Innovatiefonds Noord-Holland, Rubio, Rockstart, and top industry angels, this funding helps Prêts launch their MVP with “premier” Dutch partners. The company’s integrated services aim to […] Read more ›
14
Netherlands-based FleetGO Group, a logistics software solutions provider, announced that it has acquired Dutch software provider Data2Track with support from Main Capital Partners. This acquisition, the third since Main Capital Partners’ initial investment, will strengthen FleetGO’s product suite. Sven van Berge, Head of DACH activities at Main Capital Partners, says, “The acquisition of Data2Track by […] Read more ›
0
Considering the eye-popping salaries on offer for AI roles, you’d be forgiven for assuming that competitive salaries are the primary lure for top talent. However, a new McKinsey report reveals a different narrative. It shows that AI-skilled workers, particularly those engaged heavily with generative AI, are prioritising workplace flexibility and meaningful work over monetary compensation. […] Read more ›
0
Cisco Investments, the global corporate venture investment arm of Cisco on Tuesday, June 4, announced the launch of a $1B AI investment fund to bolster the startup ecosystem and expand the development of secure and reliable AI solutions. As part of the new AI fund, Cisco is making strategic investments in Cohere, Mistral AI, and […] Read more ›
2
France-based Cube AI, an AI employee for logistics, has secured $2.5M (approximately €2.29M) in a pre-seed round of funding to automate back-office work in logistics companies. The investment was led by VentureFriends and included contributions from investors such as Eric Schmidt, Xavier Niel, K5 Global, Rodolphe Saadé (CMA CGM), Olivier Pomel (Datadog), Florian Douetteau (Dataiku), […] Read more ›
8
Hamburg-based SmartLoC, a startup that offers a B2B payment solution to support companies involved in international trade, has closed its seed round, raising a total of €1.8M in funding. With this deal, SmartLoC looks to advance platform development, expand its team, and accelerate its go-to-market strategy. Investors supporting SmartLoC The funding round was led by […] Read more ›
3
London-based Slip, a software company, announced on Thursday that it has raised as raised €2.9M in a Seed funding round led by Adjuvo. Other investors, including Haatch Ventures, Unbundled VC, the Side by Side Partnership, and a range of angels including ASOS’ Executive Vice President of Customer & Marketing, Dan Elton, and former CIO at […] Read more ›
5
The first-ever European VC Awards were unveiled at the SuperVenture conference in Berlin, celebrating contributions to the European venture capital ecosystem. The event, organised in partnership with the EUVC team, Isomer Capital, HSBC Innovation Banking, and SuperVenture, recognised firms and individuals who have made impacts in the ecosystem. Andreas Munk Holm, Founder of EUVC, says, […] Read more ›
7
NL Startup Competition, an event focused on emerging entrepreneurs and startups, has announced the winners of its inaugural edition. Organised by Upstream, MT/Sprout, Golden Egg Check, and Erasmus Enterprise, this event provided an opportunity for emerging businesses to showcase their ideas and compete for a prize of €10,000. After presentations from 16 finalists, the jury […] Read more ›
2
Malmö, Sweden-based Spiideo, an AI-powered sports tech company, announced on Wednesday that it has secured $20M (approximately €18.3M) in a fresh funding round led by Munich-based growth equity firm — Cipio Partners. Existing investors, including Mathias Kamprad, Måns Hultman (Tassaka AB), and Håkan Roos (Roosgruppen AB), participated in the round. Roland Dennert, Managing Partner of […] Read more ›
58
Europe stands as the second-largest recipient of upstream space venture capital, closely following the United States. With robust financial support, watch how these space techs change space exploration. Read more ›
0
Amsterdam’s XLABS, a company specialised in Xperience Level Agreement (XLA), on Tuesday, June 4, announced the merger with London-based Bright Horse to create an international Experience Management powerhouse providing XLA training and consultancy. Through this merger, the new company will offer a range of XLA training, consulting, and implementation services to enterprise clients worldwide. The […] Read more ›
1
Riga-based RivalSense, a startup that enables users to monitor their competitors using AI, has secured fresh funding in an angel round led by Change Ventures, with the participation of Fiedler Capital and local business angels. RivalSense will use the funds to enhance scalable user acquisition and integrate advanced AI features for deeper competitor insights. Currently, […] Read more ›
14
Hamburg-based startup Plancraft has secured €12M in a Series A round of funding led by Creandum, a pan-European early-stage venture capital firm. Plancraft, which digitises work processes for craftsmen, plans to become the first European contractor operating system with the new funds. Staffan Helgesson, General Partner at Creandum, believes that the current crisis in the […] Read more ›
2
Silicon Valley-headquartered and Lithuanian-founded Spike, a B2B data technology and AI startup, announced on Tuesday that it has raised $3.5M (approximately €3.2M) in an oversubscribed seed round. The funding rounding was co-led by Practica Capital and TheVentureCity with participation from Silicon Valley, New York, and Berlin-based investors, including CEAS Investments, Plug & Play Ventures, Geek […] Read more ›
11
Linz, Austria-based Storyblok, the modern content management system (CMS) for all teams, announced on Tuesday that it has secured $80M (approximately €73.6M) in a Series C funding round, bringing the total amount raised to $138M (approximately €127M). Brighton Park Capital led the round, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute […] Read more ›
3
Madrid-based Samara, a startup focused on supporting households in their energy transition, announced on Tuesday that it has secured €9M in a Series A funding round co-led by Amsterdam-based Move Energy and Green Generation Fund. Other investors, such as Ring Capital, Athletico Ventures, Seaya, and Pelion Green Future, also took part in the funding round. […] Read more ›
2
Paris-based Descartes&Mauss, a company specialised in a new breed of AI-powered solutions for strategy-making, announced on Tuesday that it has secured €5.5M from Elaia Partners and Polytechnique Ventures. The company will use the funds to accelerate its product development and reinforce its commercial teams. Descartes&Mauss is on a mission to create a global leader in […] Read more ›
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Business Insider
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Eurogamer.net
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10% 5 |
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7% 1 |
The Verge
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7% 3 |
Tom's Hardware
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7% 0 |
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25.11.2024 10:03
Last update: 09:56 EDT.
News rating updated: 17:00.
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