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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Vienna-based XUND, a health tech scale-up, announced on Tuesday that it has secured €2M in an extended Seed funding round, bringing the total funding raised to €8M. New investor Thieme Group participated in the funding round, along with existing investors, including MMC Ventures and MassMutual Ventures. However, the Austrian company has been collaborating with Thieme […] Read more ›
1
Helsinki-based Onego Bio, a food-biotech company, announced on Tuesday that it has secured $40M (approximately €37M) in a Series A funding round led by NordicNinja, marking one of the largest A-rounds in the Nordics. The round also included equity investments from Tesi and EIT Food, existing investors Agronomics, Maki.vc, Holdix Turret, and certain strategic partners. […] Read more ›
2
OpenAI, a US-based AI research organisation, recently announced that it has modified the governance structure of its venture capital fund, removing former CEO Sam Altman from control, according to a filing with the US Securities and Exchange Commission (SEC). The OpenAI Startup Fund, which has raised $175M from partners like Microsoft, invests in early-stage companies […] Read more ›
3
Lithuanian startups keep evolving with many receiving investments in Q1 of 2024 funding rounds Read more ›
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London-based Coadjute, a company that helps with property technology, has announced that it secured fresh funding from Lloyds Banking Group, Nationwide, NatWest and Rightmove. Lloyds Banking Group led the investment with £3M (approximately €3.5M) as part of a £10M funding round. This is the first time that the three large mortgage companies in the UK […] Read more ›
2
Amsterdam-based Rapid Photonics, a spin-off from the Vrije Universiteit Amsterdam, announced on Thursday, March 28, that it has secured €300K convertible loan from Innovatiefonds Noord-Holland. The Dutch company plans to use the funding to make its technology market-ready for the production of integrated photonic chips in lithium niobate, a next-generation material for integrated photonic chips. […] Read more ›
3
Spain’s venture capital ecosystem is young and vibrant, with a growing number of successful startups coupled with optimistic venture capitalists. Read more ›
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Berlin-based Recare, a SaaS platform streamlining patient transfers from hospitals to care providers, announced that it has raised €3.2M in fresh funding to enhance its digital discharge management marketplace in Germany. The funding includes contributions from existing investors and a €2M loan facilitated by Gilion, which is known for helping tech companies access funding and […] Read more ›
3
Wageningen, Netherlands-based Time-travelling Milkman, a food tech company, announced that it has secured €850K in a Seed round of funding from new investor Alianza Team and existing shareholders Oost NL, SHIFT Invest, and Oterap. The funding will help the company to strengthen its team, scale the production, and expand the market entry of Oleocream, a […] Read more ›
1
Amsterdam-based Stippl, an all-in-one travel app, announced that it has secured €575K in funding. The funding came from Australia’s Marbruck Investments and Volve Capital from the Netherlands. Joost Bijlsma, Partner at Volve Capital, says, “Investing in travel apps means backing the journey of exploration and discovery of their community. Stippl redefines traveller’s experiences, turning aspirations […] Read more ›
2
The Dutch government, on Thursday, announced that it will spend €2.5B to improve the Eindhoven region’s transport and other infrastructures, including the availability of technical education. As part of the plan, the cabinet will release €1.28B from the National Growth Fund and will contribute an additional €450M on top of that. Economic Affairs Minister Micky […] Read more ›
2
Germany-based watttron, a company that claims to be a leader in digital temperature control systems, announced that it has secured €12M in a Series B round of funding. With this funding, watttron aims to transform sustainable packaging solutions and broaden its presence in American and Asian markets. Investors supporting watttron The investment was led by […] Read more ›
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FTX founder Sam Bankman-Fried, on Thursday, was sentenced to 25 years of prison by U.S. District Judge Lewis Kaplan for what prosecutors called “one of the largest financial frauds in US history.” The sentence that was given in Manhattan Federal Court was shorter than the sentence that federal prosecutors had requested. Kaplan said Bankman-Fried has […] Read more ›
2
Amsterdam-based Stories, a Dutch co-working for independent therapists and coaches, announced that it has secured €850K in additional funding, enabling rapid response to increased demand for flexible practice spaces. Founded in 2019, Stories introduces co-working spaces tailored for therapists, coaches, and independent healthcare providers. The company supports healthcare professionals, emphasising mental and physical well-being to […] Read more ›
2
London-based Metaview, an AI-powered interview note-taking platform for recruiters, announced on Thursday that it has secured $7M (approximately €6.4M) in a fresh round of funding round led by Plural. Coelius Capital and existing investors Vertex Ventures US, Seedcamp, Village Global, as well as, notable angels including Kyle Parrish (Figma VP of Sales), and Barney Hussey-Yeo […] Read more ›
2
Bavest, a Frankfurt/Munich-based B2B fintech company, has announced that it secured €1.1M in a pre-seed round of funding. The latest round includes notable backers such as Bitpanda’s Christian Trummer, ReZoom Capital, Nautic Ventures, Jens Rehwinkel, Dieter Staib, and senior figures from leading consultancies and the fintech sector. They support the founders with strategic guidance as […] Read more ›
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Paris-based Surge, a company specialised in high-dimensional immune system analysis, announced on Thursday that it has secured €7.5M in a fresh funding round. The funding round was led by Eurazeo with the participation of Kima, Teampact, and MH Innov’, as well as the support of historical funds Boutique Venture, HCVC, and 50 Partners Santé. The […] Read more ›
8
The EIC Scaling Club, on Thursday, announced the list of the first 48 European deep tech scale-ups to join its community of investors, corporate innovators, mentors, media firms, and other industry stakeholders. The announcement comes ahead of the ‘Ignition Forum’ event scheduled on 9-10 April in Brussels and Leuven, Belgium. What is the EIC Scaling […] Read more ›
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Lancaster, England-based LiNa Energy, a developer of low-cost solid-state sodium batteries, announced that it has secured £3.5M (approximately €4M). The funding round was led by Jacob Wolff-Petersen (partner in LiNa Energy), which comprises £2.7M (approximately €3.1M) of equity and £815k (approximately €952K) grant from the Future Enterprise Investor Partnership administered by Innovate UK. Besides standalone […] Read more ›
4
Germany-based Innocent Meat, a company creating an end-to-end system to enable meat producers to transition to cell-based meat, announced that it has secured €3M in a fresh round of financing. The investors in this round include Venture Capital Fonds MV, contributing €500K, and a new private investor, with €2.5M. Capital utilisation Innocent Meat says this […] Read more ›
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Most popular sources
Business Insider
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25% 12 |
Tech Wire Asia
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14% |
CNET
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7% 0 |
The Verge
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6% 3 |
Gizmodo
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6% 1 |
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26.11.2024 03:39
Last update: 03:30 EDT.
News rating updated: 10:30.
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