Brussels-based Tree Energy Solutions (TES), a global green energy company, announced that it has concluded its third fundraising round at €140M from financial institutions and energy investors, including Azimut Group, Fortescue, E.ON, HSBC, O.G. Energy, Zhero and others. Existing shareholders, including AtlasInvest, Reggeborgh, Zhero, and Zodiac Maritime, participated in the funding round. The company will […] Read more ›
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Netherlands-based Solarge, a manufacturer of 100 per cent circular and lightweight solar panels, announced that it has secured €3M in new financing round. The investment came from impact funds Phase2.earth and Orchard Participations, along with existing investors like Daan van der Vorm and Sytse Bouwer. This investment will support the expansion of the Dutch startup’s […] Read more ›
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Amsterdam-based bunq, the second-largest neobank in Europe, has secured a fresh capital injection of €29M from the company’s existing shareholders. Bunq’s annual report reveals that in March 2024, its shareholders signed a capital commitment letter of €29M to provide the neobank with sufficient CET1 capital for its 2024 growth ambitions. The first €16.5M has already […] Read more ›
23
London-based fintech unicorn Revolut announced on Thursday that they will be introducing the Dutch International Bank Account Number (IBAN) to simplify business banking for its customers in the Netherlands Around six months after introducing Dutch IBAN for personal accounts, Revolut made the announcement for business users. Once customers have been moved to the Revolut Bank […] Read more ›
2
Wageningen, Netherlands-based Hudson River Biotechnology, an agricultural biotech company, announced that it has raised funding from Oost NL and the Spanish agro-innovation company Eurogenetic. Oost NL will be investing in the Gelderland Innovation and Energy Fund. The investment will enable the Dutch company to scale up commercially and further develop its technology. Ferdinand Los, CEO, […] Read more ›
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The Hague-based Quan, a scale-up focused on supporting teams in measuring and managing their well-being, has announced a new strategic collaboration with Zorg van de Zaak, a Utrecht-based occupational healthcare provider. Additionally, Quan has secured a bridging round of funding from its current investors. The investment was led by Hearstlab and 4impact, along with existing […] Read more ›
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Utrecht-based ROM Utrecht Region has announced the launch of the Startup Innovation Fund (SIF) during Dutch Health Week. The SIF will replace the Proof of Concept (POC) fund, which supported around 20 companies over the past three years. The SIF, with €9M allocated until 2029, aims to support innovative startups in the Utrecht region and […] Read more ›
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Amsterdam-based Fairphone, an ethical electronic manufacturer, announced on Thursday that it has launched Fairbuds, a true wireless earbuds. While most of the earbuds are often disposed of once they stop working, Fairbuds has a total of seven spare parts that can be easily exchanged. Unlike other TWS in the market, if a user loses one […] Read more ›
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Paris-based HysetCo announced that it has secured nearly €200M from investors led by Hy24 to accelerate the deployment of its hydrogen mobility solutions and drive urban transport decarbonisation. The round also saw participation from RAISE Impact and Eiffel Investment Group. With this funding, Hy24 becomes the majority shareholder in HysetCo, aligning with existing shareholders Air […] Read more ›
2
Amsterdam-based Kepler Vision Technologies, a healthcare software developer, announced on Thursday that it has received a €1.5M investment from ROM InWest. The Dutch company will use the funds to accelerate the production of its ‘Kepler Night Nurse’ solution. This smart sensor technology can be used in various fields, including elderly care, to reduce the workload […] Read more ›
26
Amsterdam-based The Next Closet, a peer-to-peer marketplace for secondhand designer clothes and accessories has been declared bankrupt by the Amsterdam court. It is still being determined why bankruptcy was filed by the company. “The resale market in the fashion industry is currently very competitive, so profit margins have become very thin. That is the main […] Read more ›
2
Netherlands-based Hexwise, a company focused on optimising industrial energy efficiency through insights into heat transfer performance, has closed its pre-seed funding round. The amount, however, remains undisclosed. The round saw investment from Rockstart, Oost NL, along with support from several angel investors. Capital utilisation The funding will help Hexwise to expand its digital twin technology […] Read more ›
4
Barcelona-based Factorial, an all-in-one business and HR management software for SMBs announced Thursday that it has secured an $80M (approximately €75M) Go-To-Market investment from General Catalyst’s Customer Value strategy. To support its continued growth until it becomes cash-generative with minimal constraints on the balance sheet, the company has secured additional financing. In October 2022, Factorial […] Read more ›
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Amsterdam-based Renewaball, the company behind the world’s first circular tennis and padel balls, announced on Thursday that it has secured over €3M in a fresh round of funding led by Rubio Impact Ventures. The company will use the funds to accelerate its mission of substantially reducing the environmental impact of tennis and padel balls across […] Read more ›
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London-based Veremark, a company specialising in global background screening, announced that it has raised $3M (approximately €2.79M) in a pre-Series B round of funding. The investment was led by Samaipata and Stage 2 Capital, with participation from ACF Investors and Vulpes Investment. Jose Del Barrio, Founder and Managing Partner at Samaipata says, “The growth trends […] Read more ›
5
Netherlands-based Enatom, a company that has developed a next-gen anatomy app for the medical education sector, has secured €900K in funding from LUMO Labs, NOM and UNETI Ventures. Sven Bakkes, Founding Partner at LUMO Labs, says, “Enatom operates at the crossroads of two of our key impact goals; quality education, and good health and wellbeing.” […] Read more ›
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Frankfurt-based Scavenger AI, a data analytics & AI startup, announced on Thursday that it has secured a total of €1.1M in a pre-seed funding round in Q1 2024 led by High-Tech Gründerfonds (HTGF) together with Calm/Storm Ventures, Femventix, and the B4i Fund. The company plans to use the funds to expand its team, develop the […] Read more ›
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Amsterdam-based DataSnipper, an intelligent automation platform for audit and finance, announced on Wednesday that it has launched two new product suites — the Advanced Extraction Suite and Cloud Collaboration Suite. The new suites automate data extraction from unstructured documents at scale using AI and facilitate cloud-based collaboration, boosting audit and finance teams’ productivity, while reducing […] Read more ›
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Madrid-based Onum, empowering companies with data control, announced that it has secured $28M (approximately €25.77M) in a Series A round of funding. The investment was led by Dawn Capital, a B2B software investor in Europe, with contributions from Kibo Ventures and Insight Partners. Henry Mason, Partner at Dawn Capital, says, “Onum can help businesses finally […] Read more ›
2
Munich-based Proxima Fusion, the first spin-out from the Max Planck Institute for Plasma Physics (IPP), announced on Wednesday that it has raised €20M in a seed funding round led by redalpine and oversubscribed. The Bavarian government-backed Bayern Kapital, German government-backed DeepTech & Climate Fonds, and the Max Planck Foundation also participated in the funding. Existing […] Read more ›
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Business Insider
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25% 7 |
Tech Wire Asia
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15% |
CNET
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8% 1 |
The Verge
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6% 1 |
Eurogamer.net
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5% 2 |
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26.11.2024 05:42
Last update: 05:36 EDT.
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