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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Stockholm-based Gilion (formerly Ark Kapital), a growth and funding platform, announced that it has closed a €10M equity funding round, raising its total equity to €40M. The investment for Gilion comes after a “strong” year of growth, with revenue quadrupling year-over-year and an 8x increase of companies on the platform. The company claims that its […] Read more ›
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Groningen, the Netherlands-based Flixit, a company specialising in social media campaigns, announced on Wednesday that it has secured €900K from G-Force Capital, the Groninger Growth Fund, and NOM. The Dutch company will use the investment to strengthen its software and the integration of AI technologies, enabling it to expand its customer base and offer an […] Read more ›
3
With innovative startups in the city becoming “funding magnets”, Amsterdam saw a surge in funding this March. Read more ›
3
Ranking second in Europe’s top startup ecosystem ranking, the city of Berlin offers endless funding opportunities for startups this March. Read more ›
2
In the ever-evolving fintech industry, new players are constantly emerging, challenging traditional methods, and introducing innovative solutions to cater to the needs of businesses. One such player is Amsterdam-based Unique Payments. The company has set its sights on revolutionising B2B payments by focusing on digitalisation and customer needs. As businesses seek to streamline their operations […] Read more ›
0
France-based Weenat, an agricultural technology company, announced on Tuesday that it has secured €8.5M in a Series C funding round from the European Circular Bioeconomy Fund (ECBF), along with other investors, including Pymwymic, LIBERSET, and IDIA Capital Investissement. The French company will use the funds to expand its operations across Europe and strengthen the resilience […] Read more ›
2
Brothers Roel and Maurice van der Ende have revealed the first Dutch-design ultra smart home battery in the Netherlands, Planetpod. This compact home battery, built from recycled materials, efficiently stores solar energy and delivers it on demand. Powered by a self-learning algorithm, the battery charges using cost-effective electricity and can even generate profit by autonomously […] Read more ›
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Berlin-based Torg, a B2B startup digitising product sourcing to bring buyers and suppliers together, has raised an oversubscribed €2.7M Seed round to transform food & beverage sourcing with its AI-powered platform. The funding will fuel the company’s platform development, supplier database expansion, and the creation of more “intuitive” tools to streamline sourcing processes. Investors supporting […] Read more ›
1
Basemark, a Helsinki-based automotive AR company, announced that it has secured €22M in a series B round of funding. Founded in 2015 by Tero Sarkkinen, Basemark specialises in advanced automotive AR solutions, including AR Navigation and ADAS visualisations for HUDs and in-car screens. The company’s Rocksolid AR platform offers a visual design studio, SDK, and […] Read more ›
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Zwolle, the Netherlands-based Partnify, announced that it has secured €500K in a seed round of funding led by two former founders of Embrace Cloud, the social intranet for government institutions, among others. Several successful founders of Dutch startups, including GO Sharing founder Raymon Pouwels, also participated in the round. “I am delighted to contribute to […] Read more ›
2
Vancouver-based Hootsuite, a social media management platform, announced on Monday, that it has acquired Talkwalker, a Luxembourg-based AI-powered social listening solution. “We have had listening for years. But it was industry standard, just like everyone else’s. While that worked then, the industry is entering a new era of social media performance,” says Irina Novoselsky, CEO […] Read more ›
0
London-based Log my Care, a digital care management platform, announced that it has secured a further £3M (approximately €3.49M) in funding from its existing investor, Mercia Ventures. With this round, the company has now raised over £7M (approximately €8.15M) in total funding. Henry Hamilton of Mercia Ventures says, “Care providers are recognising the need to […] Read more ›
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Stockholm-based audio streaming service Spotify recently announced that it has unveiled an AI Playlist feature designed to provide Premium subscribers with a personalised playlist creation experience. With this new tool, users can effortlessly transform their creative ideas into curated playlists, catering to their unique preferences and moods. Starting with users on Android and iOS devices […] Read more ›
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Amsterdam-based Tony’s Chocolonely, known for its ethical approach to chocolate production, has drawn the interest of former Starbucks Corp CEO Howard Schultz. According to Bloomberg, Schultz has acquired a 2 per cent stake in the Dutch company. According to Yahoo Finance, discussions regarding the deal have been ongoing for some time, coinciding with Tony’s Chocolonely’s […] Read more ›
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Web Summit is a platform that hosts an annual technology conference in Lisbon, Portugal. In October 2023, the platform hired Katherine Maher as its new CEO after Paddy Cosgrave, the co-founder of Web Summit, received criticism for accusing Israel of committing war crimes and breaching international law following the Hamas attacks in Israel on October […] Read more ›
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Vienna-based Elevator Ventures, a venture capital manager of Raiffeisen Bank International, announced on Monday that it has launched — EV II, a €70M Venture Capital fund, investing in innovative companies in the Series A & B stage. “The partnership with Elevator Ventures and the investment in EV II demonstrate our commitment to promoting entrepreneurship and […] Read more ›
0
Amsterdam-based Diverse Leaders in Tech, born from the Techleap programme with backing from the Ministry of Economic Affairs and Climate Policy, announced that it is now independently launched as a social impact venture. This development aims to advance diversity, equity, and inclusion (DEI) in European tech through data-driven approaches, community learning, and a robust DEI […] Read more ›
0
Bucharest-based Genezio, a type-safe serverless platform for modern full-stack developers, announced on Friday that it has secured a $2M (approximately €1.8M) pre-seed funding round led by Gapminder Ventures, marking its first investment from the second fund. Underline Ventures and a group of angel investors, also participated in the round. The Romanian company will use the […] Read more ›
3
London-based Bumper, a Buy Now Pay Later service provider for car repairs and services, has secured a further £2M (approximately €2.33M) in its Series B extension round. The additional funding came from Suzuki Motor Corporation through its corporate VC fund, Suzuki Global Ventures, and Tokyo-based Marubeni Ventures. Suzuki Motor Corporation says, “Through the investment, we […] Read more ›
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Stockholm-based Pophouse, a global entertainment and music investment firm, on Thursday, April 4, announced the acquisition of the music catalogue, brand name, and likeness, including the famous face paint designs – as well as trademarks of the iconic American rock band KISS. However, the financial terms of the transaction are not being disclosed. “KISS is […] Read more ›
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Most popular sources
Business Insider
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27% 8 |
Tech Wire Asia
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15% |
CNET
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8% 0 |
The Verge
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6% 2 |
Gizmodo
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6% 1 |
| View sources » | |
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26.11.2024 01:39
Last update: 01:30 EDT.
News rating updated: 08:31.
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