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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Copenhagen-based Electricity Maps, a company specialised in mapping the climate impact of electricity, announced on Tuesday that it has secured €5M led by climate funds Transition and Revent. The Danish company will use the funds to accelerate the data-driven decarbonisation of electricity. This funding will speed up the company’s mission to map the world’s electricity […] Read more ›
24
Amsterdam-based Aevai Health, a developer of a clinical tool designed for remote patient data monitoring, announced that it has secured undisclosed funding from student-run VC fund Round One. With the new capital, the Amsterdam-based startup plans to extend its reach to biobanks throughout the Netherlands and expand into other market opportunities. Fennie van der Graaf, […] Read more ›
1
Munich-based Armira Growth, a venture capital investing in tech and tech-enabled growth companies, has secured €200M for its inaugural Armira Growth Fund I. The funds were contributed by its investors and existing portfolio firms, such as Osapiens, Wemolo, Workwise, and Yoummday. Scale-up founders considering a partnership with Armira Growth are presented with a range of […] Read more ›
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In the rapidly evolving landscape of artificial intelligence, generative AI has emerged as a groundbreaking technology, empowering businesses to create innovative solutions and unlock new possibilities. However, as with any disruptive innovation, the integration of generative AI into products and services carries its inherent risks, from unintended biases to potential data leaks and reputational damage. […] Read more ›
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London-based Wayve, a developer of Embodied AI technology for automated driving, announced on Monday, May 6, that it has secured over $1.05B in a Series C investment round led by SoftBank Group, with participation from new investor NVIDIA and existing investor Microsoft. As part of the final transaction, SoftBank has joined Wayve’s Board of Directors. […] Read more ›
9
Delft-based Zepp.solutions, a company specialising in hydrogen fuel cell technology, announced that it has raised its first funding of €3M since its inception in 2017. It claims to have become a “multi-million-dollar” company without external funding until now. The latest investment came from the Rotterdam Energy Transition Fund, a €100M investment fund by the City […] Read more ›
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Delft-based SLAM Orthopedic, a Dutch medical device company developing advanced sensor systems for surgical applications, announced that it has secured €2M in a seed round of funding. The investment was led by the Dutch seed fund Rising Star Venture Partners, with support from individual investors and the Zeeuws Participatiefonds. Capital utilisation The raised funds will […] Read more ›
21
Milan-based Futura, an AI-powered education company, announced on Tuesday that it has raised €14M in a Series A funding round led by Eurazeo. Existing investor United Ventures and new investor Axon Partners Group participated in this round. Since raising €1.8M in seed funding in 2022, Futura has grown significantly. Its revenues have tripled each year, […] Read more ›
0
In March, Aikido Security officially became the security software provider for Visma. The deal not only brought two European companies together but also saw a startup that’s been around for little more than a year land a customer with over €2B in revenue and 1.7 million customers globally. “A company like Visma trusting us is […] Read more ›
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Diversity in the workplace is essential for innovation and growth, including in marketing agencies. A diverse and inclusive team not only provides different perspectives and ideas, but also improves one’s ability to see, seize and adopt new and “out of the box” opportunities. Thus, in the long run, several challenges are solved more efficiently. Not […] Read more ›
9
What does it take to build a high-performance team that not only delivers exceptional results but also maintains a healthy team culture? The answer lies not just in the output produced but also in the sustainability of the methods employed. Startups of necessity must be in high gear, hitting the road running. However sub-optimal team […] Read more ›
0
Gothenburg-based Cetasol, a Swedish firm focusing on maritime sustainability, announced that it has secured €2M in a seed round of funding. The investment came from Sarsia, ShipsFocus, and Impact X Capital. With this funding, Cetasol says it can broaden its market presence and enhance its product range. The company also aims to increase its product […] Read more ›
1
Linköping, Sweden-based Epishine, a company specialised in printed organic solar cell technology, recently announced that it would lead a consortium that has been awarded over 38M SEK (approximately €3.2M) from the EU. The consortium will work with industry leaders for the future of Organic Photovoltaic (OPV) and sustainable electronics. Epishine’s CEO, Anders Kottenauer, commented on […] Read more ›
3
Upstream Festival will host startup and scale-up founders, investors, corporates, innovative SMEs, and policymakers from key startup hubs around Europe. Read more ›
0
Paris-based Stonal, a data management platform for real estate owners and investors in Europe, announced on Monday that it has secured up to €100M in a strategic investment by Aareon. The French company will use it to accelerate its European expansion. Stonal: Building up-to-date database Founded in 2017 by Michel Tolila, Stonal is a data […] Read more ›
18
Netherlands-based Mr. Winston, a point-of-sale system provider for the hospitality industry, announced that it received €600K in investment from angel investors, including Jeroen ter Huurne, the CEO of Collin Crowdfund. With this funding, Mr. Winston plans to expand its operations globally. According to a statement, during the fundraising process, Mr. Winston relied on the guidance […] Read more ›
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Leuven, Belgium-based Phised, a cybersecurity startup, announced on Thursday, May 2, that it has secured an additional €7.5M over the next four years through a convertible bond provided by the Flemish investment fund Welvaartsfonds. The funding announcement comes as the company claims to be in the final stretch to achieving its first major business goal—an […] Read more ›
1
Leuven, Belgium-based Phished, a cybersecurity startup, announced on Thursday, May 2, that it has secured an additional €7.5M over the next four years through a convertible bond provided by the Flemish investment fund Welvaartsfonds. The funding announcement comes as the company claims to be in the final stretch to achieving its first major business goal—an […] Read more ›
19
Pays de la Loire, France-based VoltR, a company that specialises in the second life of lithium batteries, announced recently, its first fundraising of €4M from C4 Ventures and Exergon, among others. Others include Pays de la Loire Participations, Anjou Amorçage, as well as the network of the Chamber of Commerce and Industry (CCI) of the […] Read more ›
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Ghent-based Tekst, an AI platform that analyses and automates all B2B communication internally and externally, has secured €700K from Entourage to grow and sell their tech more widely in Europe. Entourage is a Venture Studio and early-stage venture capital fund. Former Showpad co-founder Pieterjan Bouten launched it. The fund aims to build and fund the […] Read more ›
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Business Insider
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10% |
CNET
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6% 3 |
Eurogamer.net
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6% 3 |
The Verge
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5% 1 |
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25.11.2024 17:34
Last update: 17:25 EDT.
News rating updated: 00:21.
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