Jyväskylä-based Spinnova, a Finnish company that aims to transform the way textiles are manufactured globally, has been awarded an R&D loan of up to €12.7M from Business Finland to advance its textile manufacturing technology. The loan, which spans July 2024 to December 2027, is divided into two phases: €7.7M for the first two years, focused ... Read more Read more ›
10
Amsterdam-based Mews, a provider of hospitality management cloud, announced on Tuesday that it has won the Top 250 Golden Scaler Award. The event took place in Rotterdam and was supported by the City of Rotterdam. Robert Simons, Alderman of Port, Economy, Hospitality, and Governance inaugurated the event. The announcement comes eight months after the company ... Read more Read more ›
2
Amsterdam-based TAGGRS, a software company specialising in server-side tracking, has raised €2M in growth funding from No Such Ventures. This investment reflects confidence in TAGGRS’ potential to expand as a global, all-in-one platform for server-side tracking and data management. Niels Olivier, co-founder and CEO of TAGGRS, says, “Founded just a year ago, over 6,000 companies ... Read more Read more ›
0
Brunel, a global recruitment consultancy platform, announced that it has acquired 50.1 per cent majority stakes in Equals, a firm that focuses on empowering and supporting women’s career growth. The partnership aims to increase diversity in the technology sector and address the increasing need for IT professionals. Kim van Uem, the financial director at Brunel ... Read more Read more ›
0
Amsterdam-based Icecat, a provider of product content syndication, has acquired key assets from Decodata, an Amstelveen-based data solutions provider for the home and interior design industry. This acquisition follows Decodata’s recent bankruptcy and includes its brand, domains, client and product data, and software. Icecat aims to integrate Decodata’s resources into its platform, entering the home ... Read more Read more ›
3
Tampere, Finland-based Quanscient, a company specialised in cloud-based multiphysics simulation technology and quantum algorithms, announced on Tuesday that it has secured €5.2M in funding. The round was led by Crowberry Capital and joined by Speen Holding with follow-on investments from Finnish early-stage venture capital investors Maki.vc and First Fellow. The Finnish company will use the ... Read more Read more ›
2
Berlin-based Xavveo, a startup focused on advancing autonomous vehicle sensor technology, announced on Tuesday that it has secured $8.6M (approximately €8M) in a seed funding round. The round was co-led by Vsquared Ventures and imec.xpand, two funds specialised in deep tech. The German startup will use the funds to develop its distributed Photonic Radar system, ... Read more Read more ›
1
Rome-based Translated, a provider of AI-powered language solutions, announced Lara on Monday as its official translation AI platform for individuals, teams, and enterprises. The announcement comes three years after raising $30M in funding led by private investment house Ardian in 2021. Lara: Outperforms Google Translate, DeepL, and OpenAI’s GPT-4o Trained using 1.2M Nvidia GPU hours, ... Read more Read more ›
0
Lund, Sweden-based Aligned Bio, a nanotechnology company, announced on Monday that it has secured SEK 19.4M (approximately €1.6M) in funding through a new share issue. Both current and new investors, including SmiLe Inject Capital, participate in the round. The company will use the funds to develop and scale up its nanowire production technology. Besides funding, ... Read more Read more ›
36
Amsterdam-based SeaO2, a startup specialising in carbon (CO₂) removal technology from seawater, announced on Monday that it has secured over €2M in a funding round. The investment round was backed by DOEN Participaties, NEW-TTT fund, Future Tech Ventures, CarbonFix, angel investors Eduard Talman and Siddharth Kambe, and others. The latest capital injection will enable the ... Read more Read more ›
0
The Hague-based PostNL, a postal and package service, announced on Monday, that Herna Verhagen has decided to step down from her position as CEO following the Annual General Meeting of Shareholders on April 15, 2025. Herna Verhagen, CEO of PostNL, says, “Since 2012, I have been CEO of PostNL, a fantastic company in the middle ... Read more Read more ›
10
Rome-based Translated, a provider of AI-powered language solutions, announced Lara on Monday as its official translation AI platform for individuals and teams. The enterprise edition is scheduled for release in the first half of 2025. The announcement comes three years after raising $30M in funding led by private investment house Ardian in 2021. Lara: Outperforms ... Read more Read more ›
15
As we wrap up the week, this edition of “In Other News This Week” brings you a roundup of significant developments across Europe, highlighting renewed investor confidence in various industries. In the midst of a continuous flow of funding announcements, acquisitions, and innovations, some noteworthy stories may have flown under the radar. Join us as ... Read more Read more ›
1
Peter-Paul de Leeuw announced that he is stepping down as the founder and CEO of Amsterdam-based Amberscript, a startup specialising in AI-enabled speech-to-text engines. This marks the end of his seven-year journey for the company. In his farewell statement, de Leeuw expressed a mix of emotions, including pride, gratitude, and excitement for the future, as ... Read more Read more ›
0
Vincent Hulshoff, CEO and co-founder of Amsterdam-based Productpine, announced today that he is stepping down from his role. After nearly six years of dedication and growth, Hulshoff has made the decision to leave the company he co-founded. Reflecting on his time at Productpine, Hulshoff described the experience as “an incredible journey beyond anything I could ... Read more Read more ›
15
Female entrepreneurs are increasingly taking charge in the Spanish startup landscape. Meet 8 startups that showcase ingenuous women in leadership. Read more ›
2
Stockholm-based Flower, an energy tech company, has raised an additional €20M in its Series A funding, totalling €45M for this round and €100M in total investments. Flower’s AI-driven platform and infrastructural hardware help make energy usage within global grids more flexible, stable, and predictable. This enables a cleaner energy system and offers new revenue opportunities ... Read more Read more ›
17
DeepL’s investment in NVIDIA DGX SuperPOD technology marks a pivotal step in advancing its Language AI, promising enhanced translation capabilities for global users. Read more ›
55
With hit games Hero Wars, Pixel Gun 3D, and others, GDEV Holding is now a key player in the gaming industry. The numbers speak for themselves: over $2.5 billion in revenue, more than 550 million downloads, and a monthly player base of over 11 million. Moreover, the company’s shares are listed on the Nasdaq stock ... Read more Read more ›
3
The global contract catering market, valued at approximately €285 billion ($300 billion), is crucial to the daily well-being of millions of employees and students. Danish SaaS startup Kanpla aims to disrupt the contract catering industry by digitalising it. Today, it announced an €8 million Series A funding round led by Dutch venture capital firm HenQ. ... Read more Read more ›
6
Most popular sources
Business Insider
|
42% 8 |
Financial Times
|
11% 10 |
The Verge
|
11% 6 |
CNET
|
5% 2 |
Wired
|
4% 2 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
23.11.2024 15:03
Last update: 14:55 EDT.
News rating updated: 21:51.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.