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
Paris-based Ventech, an early-stage investor in Believe and a member of its board during the investment period, announced on Tuesday that it has exited the investment with a multiple of 36x for its fund III. This has resulted in a total return of €175M for the 12 per cent stake held by its funds. A […] Read more ›
2
Paris-based Carbonfact, a carbon management software built for the fashion industry, announced that it has secured $15M (approximately €13.98M) in a Series A round of funding. According to the EU Parliament, the fashion industry pumps out as much as 10 per cent of the world’s yearly carbon emissions, surpassing the combined emissions from international flights […] Read more ›
0
Istanbul-based Getir, an instant grocery delivery company, on Monday, April 29, said that it is shutting down its operations in the US, the UK, and Europe to focus only on Turkey. The operation shutdown is expected to affect at least 6,000 jobs across the markets; however, the company claims that it would only account for […] Read more ›
27
Amsterdam-based Wakuli, a company offering high-quality specialty coffee, has secured €5.2M in a Series A round of funding. This includes the sale of new shares and a €750K loan. The round was led by Icecat Capital, along with existing shareholders Rubio, ABN AMRO Sustainable Impact Fund, and angel investor Arnoud Aalbersberg. The €750K loan comes […] Read more ›
35
Techleap for Scaleups, on Monday, announced the list of 9 scale-ups selected for the 13th cohort of its flagship Rise programme. The Rise programme Each year, Techleap.nl selects some of the fast-growing Dutch startups for its Rise programme, which acts as a vehicle to build connections and access mentorship. The organisations give the selected startups […] Read more ›
12
Glasgow-based Nebu~Flow, a company developing the next generation of inhaled drugs, has secured £4.7M (approximately €5.50M) in fresh funding to speed up better inhalable meds for breathing problems. The round was led by SCVC, a UK-based venture capital firm that backs early-stage deep tech spinouts, and was supported by Scottish Enterprise, Foresight WAE Technology, SIS […] Read more ›
0
Gelderland, the Netherlands-based MindAffect, a neuroscience healthtech company, announced on Monday, that it has secured €1.1M in a Series A funding round. The latest funding round was backed by existing and new investors, including Barco Limpo, Wasteland Investments, and the NLC Health Impact Fund, alongside private investors. Over 1.6 Billion people encounter issues with diagnostic […] Read more ›
38
Vilnius, Lithuania-based Vinted, an online marketplace startup for second-hand/used clothes, announced on Monday that it has witnessed strong growth in 2023 and reached profitability. In 2023, Vinted Group posted €596.3M in revenue, an increase of 61 per cent vs 2022 (€370.2M). Adjusted EBITDA was €76.6M, and net profit was €17.8M, vs a net loss in […] Read more ›
3
Stockholm-based STILFOLD, a tech company aiming to reshape the future of industrial manufacturing and mobility, has launched MetaFold Academy, a new programme focused on improving eco-friendly manufacturing in the automotive industry. With almost SEK 5M (€427K) in funding from the European Institute of Innovation and Technology (EIT) Manufacturing, MetaFold Academy aims to transform industrial education […] Read more ›
14
Stockholm-based X Shore, an electric boat manufacturer, announced on Monday that it has secured SEK 100M (approximately €8.5M) in a funding round. Several existing major shareholders participated in this round, including company founder Konrad Bergström. Konrad Bergström says, “X Shore is a globally recognised Swedish brand with significant support from the maritime and tech industries […] Read more ›
18
France-based Seederal, an industrial startup in the field of agro-machinery, announced that it has secured €7.1M in a fresh round of funding. The startup also won €3.7M in aid through the France 2030 programme. The round was led by Supernova Invest, along with support from Ankaa Ventures, Unilis (Unigrains Group), CA Morbihan Expansion, Kima Ventures, […] Read more ›
94
Madrid-based Indigitall, a SaaS platform specialised in personalising digital communications between brands and their customers, announced on Monday that it has secured €6M in an over-subscribed Series A funding round. The latest funding round was led by Data Point Capital, GoHub Ventures, and Adara Ventures. The Spanish company will use the funds to accelerate growth […] Read more ›
0
Paris-based NEoT Green Mobility (NGM), a platform dedicated to financing zero-emission mobility, announced that it has secured another €60M from its key investors, Mirova, 3i Group plc and Banque des Territoires, along with historical shareholder EDF Pulse Ventures. Equal investments from the key investors will increase the platform’s total funding to €160M, supporting more projects. […] Read more ›
2
Viva Technology, a flagship event that has rapidly emerged as a global convergence point for startups, tech leaders, and corporate giants, is back with its 2024 edition. The four-day global tech conference aims to accelerate innovation by connecting startups, technology leaders, large companies, and investors who are addressing the world’s greatest challenges. The eighth edition […] Read more ›
0
Liège-based EXO Biologics, a clinical-stage biotech company, announced on Wednesday, April 24, that it has secured a total of up to €16M in Series A funding. The announcement comes after the company raised €9M from investors, including Noshaq, Founders, and Belgian Family Offices. This initial support was further supported by subsidies from the Public Service […] Read more ›
21
Haarlem-based TommyTomato, a company on a mission to turn children into vegetable eaters for life, announced on Wednesday, April 24, that it has secured €1.9M in growth funding from Stichting LifeTree Fund, DOEN Participaties, and Social Impact Fund Rotterdam. The Dutch company will use the funds to expand its operations from Randstad to other cities […] Read more ›
75
Dublin and Boston-based Tines, a company that offers management secure workflows, has raised an additional $50M (approximately €46.60M) in fresh funding as an extension to its Series B round. This round brings Tines’ total raised capital to $146.2M (approximately €136.27M). The latest investment was led by Accel and Felicis, along with existing investors Addition, CrowdStrike […] Read more ›
0
Amsterdam-based Moodus, a company that facilitates contactless donations, has acquired the assets of ACTOLL, a French fintech company owned by Matawan. Ahmed Ali, co-founder of Moodus, announced the development via a LinkedIn post. Ali says, this strategic move expands Moodus’s presence in France, boosts growth, and enhances innovation in the donation sector. “A big thank […] Read more ›
1
Amsterdam-based Bloom & Wolf, a startup specialising in providing premium silk flower services, announced on Thursday, April 25, that it has secured €1.4M in a pre-seed funding round led by CapitalT, with participation from Joanna Invests and various angel investors. The Dutch company will use the funds to expand its product offerings, expand its B2B […] Read more ›
11
Munich-based The Mobility House, a company that provides mobility energy solutions, announced on Wednesday, April 24, that it has secured investment from RheinEnergie, a Cologne-based energy service provider. However, the exact details about the funding were not disclosed. The announcement comes four months after appointing Herbert Diess, the former CEO of the Volkswagen Group, as […] Read more ›
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25.11.2024 19:34
Last update: 19:25 EDT.
News rating updated: 02:20.
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