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
Delft-based Loop Biotech, an initiator and builder of the world’s first ‘living’ coffin, a sustainable alternative to the traditional coffin, announced on Thursday that it has raised €2M in funding in 2 weeks through crowdfunding. Last month, the company announced the commencement of its crowdfunding campaign on Invesdor, the largest platform for sustainable projects in […] Read more ›
22
EnteroBiotix, a Glasgow-based biotech firm specialising in full-spectrum microbiome therapeutics, announced that it has closed a funding round totalling £27M (approximately €31.46M). EnteroBiotix’s financing includes £15.7M (approximately €18.29M) in fresh equity and the conversion of £11.6M (approximately €13.51M) of loan notes into equity. The investment comes from both new and existing investors, furthering the company’s […] Read more ›
1
The EU Future Mobility task force, comprising 18 private mobility companies and startups, has issued a joint call to action to advance Europe’s position in transport innovation. The initiative was presented to the European Commissioner for Transport, Adina Vălean, during the Connecting Europe Days event in Brussels. The six-page report outlines specific recommendations to enhance […] Read more ›
11
Tallinn-based Elcogen, a manufacturer of green energy technology, announced on Wednesday that it has raised funding from Baker Hughes in a fresh funding round. Baker Hughes is an energy technology company that has a diverse portfolio of equipment and service capabilities that span the energy and industrial value chain. Alessandro Bresciani, Senior Vice President Climate […] Read more ›
1
Paris-based Pigment, a business planning platform, announced on Thursday, that it has secured $145M (approximately €134M) in a Series D round of funding led by ICONIQ Growth. Sandberg Bernthal Venture Partners, as well as several other existing investors, including IVP, Meritech, Greenoaks, and Felix Capital, have also participated in the funding round. Fund utilisation The […] Read more ›
81
Copenhagen-based REDUCED, a company specialising in converting food and agriculture side streams into natural food ingredients through fermentation has secured €6M in funding. The investment came from a range of investors, including new investment from Novo Holdings and the Nordic flavour house Einar Willumsen, as well as existing investors Investment Fund of Denmark (EIFO) and […] Read more ›
18
London-based Prodigi, a global print-on-demand platform, announced on Wednesday, April 3, that it has acquired Peecho, an Amsterdam-based cloud printing solutions provider. The UK company has announced its third acquisition as part of its ongoing strategy to strengthen its position in the rapidly growing market. The company, which is 100 per cent bootstrapped, continues to […] Read more ›
0
Genk-based MobieTrain, an AI-driven platform enhancing customer-facing team performance, announced that it has appointed Marc van Agteren as its Chairman of the Board. Van Agteren will steer the company through its next growth phase. Marc van Agteren, as chairman, will lead MobieTrain’s board of directors, shaping the organisation’s strategic direction. Guy van Neck, CEO of […] Read more ›
13
Artificial intelligence (AI) has become the driving force behind the technology industry. It has propelled NVIDIA to over $2 trillion in market cap, turned Sam Altman into a tech demigod, and minted new AI unicorns. While the common theme among those developments is the hype around generative AI (GenAI) reaching the levels of insanity, there […] Read more ›
1
Cambridge-based Biofidelity, a commercial-stage genomic technology company, announced on Wednesday, April 3, that it has secured $24M (approximately €22M) in a fresh funding round, bringing the total funding raised to $60M (approximately €55.3M). Current investors, including Agilent Technologies, Octopus Ventures, BlueYard Capital, and Longwall Ventures, backed the funding round. Fund utilisation Biofidelity will use the […] Read more ›
29
Ironic Biotech, a Swedish biotech startup, announced that it has secured €1M in a pre-seed round of funding. Helsinki’s Nordic Foodtech VC led the investment. The startup has discovered a new generation of plant-derived proteins rich in bioavailable iron, produced via precision fermentation, promising no side effects. These proteins offer potential as ingredients in food […] Read more ›
20
It’s fair to say that the majority of people don’t enjoy the job interview process. Part of this is that it can be nerve-wracking to talk about yourself in front of people you’ve never met and who you may feel are judging your every word. The other element is that the job interview process has […] Read more ›
0
Tallinn-based Supersimple, an AI-native data analytics platform, announced that it has secured $2.2M (approximately €2M) in a pre-seed round of funding. The platform empowers users to explore data and provide precise answers to complex queries within minutes. The investment was led by Tera Ventures with participation from Specialist VC, Tiny VC and various angel investors, […] Read more ›
25
Stockholm-based Telness Tech, a software company for the telecommunications industry, announced on Wednesday, that it has raised €5M from its two largest shareholders — Industrifonden and Viltor (JCE Group). The Swedish company will use the funds to accelerate international expansion. Besides funding, the company has swapped operational founder roles. Telness Tech says it has been […] Read more ›
2
Cambridge-based Luminance, a legal-grade AI company, announced on Tuesday, April 2, that it has raised $40M (approximately €37M) in a Series B funding round led by March Capital, with participation from National Grid Partners and other existing investors, including Slaughter and May.  The company will use the funds to accelerate its global growth and expand […] Read more ›
0
Rotterdam's startup landscape saw impressive growth in Q1 2024, with disruptive startups securing substantial funding. Now, they are actively seeking talented individuals to join their ranks! Read more ›
9
Montpellier, France-based Quantum Surgical, a medical robotics company, announced that it has secured €30M loan from the European Investment Bank (EIB). This investment benefits from the guarantee of the InvestEU program established by the European Commission. This is the second loan granted by the EIB to Quantum Surgical, following an initial financing in 2021 for […] Read more ›
17
Stockholm-based Scayl, a debt financing platform, announced its emergence from stealth on Wednesday. It has raised €100M to provide lenders with access to flexible and transparent funding structures. The startup was founded in 2023 by Medjit Yalmaz (CEO), Patrik Blomdahl (COO), and Jatin Goyal (CTO), along with a team of ex-VC (Swedbank), ex-Private Credit (Credo […] Read more ›
2
Main Capital Partners, a European enterprise software investor, announced that it has closed its latest buyout funds, Main Capital VIII and Main Foundation II, with a total of €2.44B in commitments. These funds have nearly doubled in size compared to the firm’s predecessor funds, bringing Main’s total Assets under Management to around €6B. Charly Zwemstra, […] Read more ›
3
Accel-KKR, a global technology investment company, announced that it has invested a majority stake in Espoo-based Aico Group, a company that offers a financial close software platform for large businesses. The funding amount, however, remains undisclosed. With this investment, Accel-KKR is now joining current investor Juuri Partners as a backer of Aico. Juuri Partners and […] Read more ›
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26.11.2024 01:42
Last update: 01:35 EDT.
News rating updated: 08:31.
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