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 ›
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Delft-based Meatable, a food tech company, on Wednesday announced, the appointment of Jeff Tripician as CEO, effective June 17, succeeding current CEO and co-founder Krijn de Nood, who will continue to serve on the Board of Directors. Krijn de Nood, current CEO and co-founder, says, “We turned a vision and a dream into some of […] Read more ›
3
Delft-based Newton Energy Solutions, a company specialised in thermal storage solutions, announced on Wednesday that it has secured €2.5M from Fair Capital Impact Fund and existing shareholders Carteman Ventures, TNO, and König Metall Group, Newton Energy Solutions. The company will use the funds to bring NEStore to the market quickly. Additionally, the company plans to […] Read more ›
1
The AI Seoul Summit, hosted by the United Kingdom and the Republic of Korea, is taking place on May 21 and 22. The summit aims to bring together international governments, global industry leaders, academia, and civil society to discuss artificial intelligence. The two-day AI Seoul Summit commenced on Tuesday with an online leaders’ session co-hosted […] Read more ›
0
Paris-based Doctolib, a company that provides new-gen services for health professionals, has acquired Berlin’s AI-powered phone assistant solution provider, Aaron.ai, to expand in Germany. The development was announced via a LinkedIn post by Chiara Baroni, Communications Director in Germany at Doctolib. Aim of the acquisition Doctolib is investing strategically in AI and product innovations to […] Read more ›
2
Amsterdam-based Struck, a company that helps architects and developers prioritise creativity while minimising compliance tasks, has secured €100K in a pre-seed round of funding from Antler, an early-stage VC firm. Recently, Struck received the Rabank Innovation Loan of €150K to build its product suite further. Ronald Jan Schuurs, partner at Antler, says, “We always like […] Read more ›
2
UK-based CIRCTEC, a company specialising in pyrolysis for sustainable end-of-life tyre recycling, announced on Tuesday, May 21, that it has secured €150M in a fresh financing round co-led by Novo Holdings and A.P. Moller Holding. The funding includes a €75M equity investment from Novo Holdings and A.P. Moller Holding, along with €22.5M in grants awarded […] Read more ›
3
Dublin-headquartered Nory, an AI operating system that helps hospitality businesses, announced that it has raised $16M (nearly €14.72M) in a Series A round of funding, bringing its total raised funding to $25M (nearly €23M). The round was led by global venture capital firm Accel. Existing investors including Cavalry, Playfair, Samaipata, and Triplepoint also participated in […] Read more ›
2
Paris-based “H”, a global foundation model and agentic AI company, on Tuesday, May 21, announced its launch along with $220M (approximately €204M) funding in a seed round. The funding round was backed by global companies, including Accel, UiPath Inc., Bpifrance, through its Large Venture fund, Eric Schmidt, Xavier Niel, Amazon, FirstMark, Elaia Partners, Eurazeo, and […] Read more ›
1
London-based ETF Partners, a sustainable venture capital firm, announced on Tuesday that it had completed fundraising for its fourth fund, ETF Fund 4, at €285M, surpassing its target size of €250M. The fund is supported by leading institutions, including the European Investment Fund and British Patient Capital. Christine Hockley, Managing Director for Funds, British Patient […] Read more ›
2
Being in the top 20 startup ecosystem in Europe, Czech has nurtured various companies to grow into unicorns. Read more ›
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In a recent development, Hollywood actress Scarlett Johansson has sued OpenAI, the creator of ChatGPT, for apparently using her voice as their AI voice assistant. The actress refused an offer last September to voice the company’s new chatbot, which reads text aloud to users. When the new ChatGPT model, GPT-4o, with conversational capability, debuted last […] Read more ›
1
London-based LabGenius, a drug discovery company, announced that it has secured £35M (approximately €40.96M) in a Series B round of funding. The company specialises in using machine learning to discover new therapeutic antibodies. With this round, LabGenius has now raised a total of £58M in funding. The round was led by Amsterdam’s M Ventures, the […] Read more ›
0
Groningen-based VRelax, a provider of Virtual Reality (VR) solutions for combating psychological complaints within mental health care, announced that it has secured €1.2M from Healthy.Capital, Knop Ventures, and CCO Sander Paul van Tongeren. The latest capital infusion will accelerate the company’s growth in the Netherlands and support its international expansion efforts. The investment will be […] Read more ›
2
Belgium-based recruitment platform for SMEs, Jobtoolz, powered by ISH, has announced the acquisition of Hirehive, an Irish Applicant Tracking System (ATS) provider. This acquisition strengthens Jobtoolz’s presence in the recruitment software market, broadening its ATS reach geographically and adding over 350 customers from Ireland, the UK, the US, and globally. John Dennehy, founder of Hirehive, […] Read more ›
3
Munich-based reev, a software provider for semi-public charging solutions, announced that it has completed its Series A funding round at €10M, marking its largest investment to date. The funding round was co-led by Future Energy Ventures and Blue Earth Capital. They join existing investors, including German energy provider N-ERGIE. The company will use the funds […] Read more ›
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Toulouse-based OneStock, a provider of Order Management Systems (OMS), announced that it has secured $72M (approximately €66.28M) in fresh funding from global growth equity investor Summit Partners. The funds will help the French startup accelerate its international expansion and support continued product leadership in the OMS category. Steffan Peyer, an MD at Summit Partners who […] Read more ›
0
Amstelveen-based GIGA Storage, a developer of energy storage projects, announced that InfraVia Capital Partners has acquired a majority shareholding in the company. GIGA Storage specialised in Battery Energy Storage System (BESS) development, construction, and operations in the Netherlands and Belgium. The terms and conditions of the transaction are not disclosed, and the closing is expected […] Read more ›
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Poland-based Quantia, a company that uses AI to help brands sell more products, has secured $1.2M (approximately €1.1M) in fresh funding. The Polish company plans to use the money for product development and further expand in Western Europe, primarily in the UK, Nordics, Spain, and Germany. Investors supporting Quantia The round was led by Inovo […] Read more ›
6
Amsterdam-based WeTicket, an all-in-one marketing platform specialising in ticket sales, has raised €750K from Arnout Schuijff, Adyen co-founder and former CTO. The Dutch company will use the funds to scale its company, optimise technologies and help more organisations. “We are very happy to announce that WeTicket has received a substantial investment. This gives us the […] Read more ›
1
Stockholm-based AI company QA.tech has secured €3M in a seed round of funding, just six months following its $1M pre-seed round. The current investment was led by British venture capital firm PROfounders, accompanied by Amsterdam’s Curiosity and Nordic’s byFounders. The round also saw investment from angel investors including Mads Johnsen (former product manager at Calm), […] Read more ›
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Most popular sources
Business Insider
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36% 7 |
CNET
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8% 1 |
Eurogamer.net
|
7% 1 |
The Verge
|
6% 3 |
Android Authority
|
6% 3 |
| View sources » | |
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25.11.2024 13:37
Last update: 13:31 EDT.
News rating updated: 20:32.
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