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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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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Eindhoven-based Integer Technologies, a startup specialised in sustainable energy installation solutions, announced on Monday, March 25, that it has secured pre-seed investment from Graduate Entrepreneur Fund. The funding comes six months after Integer Technologies won the Gerard & Anton 2023 awards in September last year. Birth of Integer Technologies Heat pumps, solar panels, and thermal […] Read more ›
0
London-based Build on Bitcoin (BOB), a “first-of-its-kind” hybrid Layer-2 powered by Bitcoin and Ethereum, has closed a $10M (approximately €9.24M) seed funding round led by Castle Island Ventures. The round also saw participation from investors, including Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, Asymmetric, Antalpha, Web3.com Ventures, BTC Frontier Fund, Zeeprime, and angels such […] Read more ›
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Amsterdam-based Invest-NL, a Dutch national financing and development institution, has injected €10M into SET Fund IV, managed by Dutch VC firm SET Ventures. Other investors in Fund IV include the European Investment Fund (EIF), ABN AMRO Bank, Triodos and ASR. The SET Fund IV focuses on backing companies leveraging digital technologies and data to drive […] Read more ›
3
As the tech industry continues to evolve in Ireland, various startups are making buzz in Dublin. Read more ›
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UK startups have been thriving in the first quarter of 2024 with several startups securing considerable funding rounds. Read more ›
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London-based iCustoms, a company offering fully automated customs management solutions, announced on Tuesday, March 26, that it has secured $2.2M (approximately €2M) in a seed funding round. Fuel Ventures, PlugnPlay, Outrun Ventures, Montblu Capital, SyndicateRoom, and leading angels backed the funding round. The company will use the funds to improve and enhance its technology to […] Read more ›
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Canva, an online design and publishing tool, on Tuesday, announced the acquisition of Affinity, a creative software suite for professional photo editing, illustration, graphic design, and page layout. The announcement comes a few hours after Adobe unveiled its GenStudio, a new application that lets brands create content through generative AI at Adobe Summit. This acquisition […] Read more ›
24
Bristol-based WASE, a startup that aims to accelerate sustainable waste and energy innovation, announced that it has secured over £8.5M (approximately €9.91M) in funding, including £2.4M (approximately €2.79M) in non-dilutive support. This capital influx will facilitate WASE’s expansion efforts, enabling them to fulfil signed contracts, advance projects in their pipeline, and enhance their product range. […] Read more ›
0
London-based Oriole Networks, a developer of artificial intelligence (AI) optimisation technology, announced on Thursday that it has raised £10M (approximately €11.6M) in the Seed funding round. The funding round was co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. What does Oriole Networks solve? […] Read more ›
0 newcommer
Bristol-based WASE, a startup that aims to accelerate sustainable waste and energy innovation, announced that it has secured over £8.5M (approximately €9.91M) in funding, including £2.4M (approximately €2.79M) in non-dilutive support. This capital influx will facilitate WASE’s expansion efforts, enabling them to fulfil signed contracts, advance projects in their pipeline, and enhance their product range. […] Read more ›
0 newcommer
Stockholm-based Agteria Biotech, a company specilised in biotechnology solutions for reducing methane emissions from livestock, announced on Wednesday that it has secured €1.4M in a pre-seed funding round led by Norrsken Launcher. The Swedish company will use the capital to provide scalable, cost-effective solutions to tackle cattle methane emissions. Cattle methane emissions constitute approximately 10% […] Read more ›
0 newcommer
Dubai-based Aviterra, an aviation and aerospace component manufacturing firm, has inked a deal with PAL-V, a Dutch company that designs roadable aircraft, to introduce the Liberty flying car to the Middle East and Africa. The agreement includes Aviterra acquiring more than 100 PAL-V Liberty flying cars, making an investment, and establishing a strategic partnership for […] Read more ›
0 newcommer
PMT (Pensioenfonds Metaal en Techniek) and PME (Pensioenfonds van de Metalektro), on Friday, March 22, announced that they are jointly investing €100M in Dutch deep-tech scale-ups. Deep-tech refers to advanced technologies that offer solutions to complex societal problems in healthcare, agriculture, energy, and manufacturing. The unique aspect of deep-tech is the integration of innovative, complex […] Read more ›
0 newcommer
Frankfurt-based Gunzilla Games, a AAA games developer, announced on Tuesday that it has secured a combined funding of $30M (approximately €27.6M). This includes a $10M strategic token round co-led by CoinFund and Avalanche’s Blizzard Fund, with participation from Republic Capital and Morningstar Ventures. Additionally, there were previously unreported equity and validator sales. The company will […] Read more ›
0 newcommer
Tallinn-based Eleport, a provider of electric vehicle charging networks, announced that it has closed a funding round from its current investors Ambient Sound Investment and Gren. The company did not reveal the specific amount of funding they received. The Estonian company plans to invest over €20M in 2024 and more than €100M in the upcoming […] Read more ›
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At the Women in Tech Global Summit 2024, government, business, and civil society leaders worldwide will collaborate to enhance women’s participation in innovation. The upcoming Women in Tech Global Summit’s third edition, granted High Patronage by President Emmanuel Macron, will gather many leaders from government, business, and civil society. The primary focus of the summit […] Read more ›
0
The UK emerges as a leading centre for lawtech startups, with investments projected to reach £2.2B by 2026. Read more ›
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Paris-based Metyos, a medtech startup tackling chronic kidney disease (CKD), announced that it has secured €2.3M in a pre-seed round of funding. The investment was led by Cenitz with participation from KIMA Ventures, Advans Lab, and Bpifrance, along with support from doctors, health insurance angels, and business leaders from Implicity, Deepmind, and Nabla. Frederic Picq, […] Read more ›
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Sweden-based Arevo AB, a biotech company that claims to make plants grow better for a healthy planet, announced that it has raised €3.1M in funding from new investor Industrifonden. Additionally, existing investors Navigare Ventures, Fort Knox, Stora Enso, and Kempestiftelserna have contributed an extra €3.5M to bolster Arevo’s growth. Anna Haupt, an investor at Industrifonden, […] Read more ›
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Most popular sources
Business Insider
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25% 11 |
Tech Wire Asia
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14% |
CNET
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7% 1 |
The Verge
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6% 2 |
Gizmodo
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6% 1 |
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26.11.2024 03:54
Last update: 03:30 EDT.
News rating updated: 10:41.
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