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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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 ›
779
Den Bosch, the Netherlands-based Keeyns, the tax tech company, announced on Monday, March 25, that it has secured €10M in a fresh funding round from Alea Capital Partners and Mountainview Capital Partners. With this capital injection, Keeyns plans to develop specialised tax engines across various tax domains. These engines will automate tax preparations and reporting, […] Read more ›
207
Eindhoven-based ONWARD Medical, a medtech company specialising in spinal cord stimulation therapies, announced that it has raised €20M in gross proceeds through a dual approach involving both private and public offerings. The funding, raised via an accelerated bookbuild offering in the form of a private placement with institutional investors, certain founders, and select members of […] Read more ›
58
Poland-based SP Tech Solutions, a company that implements projects aimed at the railway sector and its support, announced that it has secured PLN 12M (approximately €2.78M) in funding from the Vinci HiTech fund, managed by Vinci S.A. SP Tech Solutions secured its second capital raise, totalling nearly 19M Zloty (approximately €4.41M). Piotr Wolinski, CEO of […] Read more ›
41
Bringing the passionate energy of the last quarter of 2023, the Netherlands ends its first quarter of 2024 with notable investments and deals. Read more ›
167
Amsterdam-based Arches Capital, an angel syndicate of 100 business angels on Tuesday, announced the launch of Fund I with the first close of €17.5M, targeting a total of €20M. The fund was backed by a group of angels in the syndicate — Archangels and other investors, including informal investors and family offices. The fund complements […] Read more ›
25
London-based Ascension VC, an early-stage VC fund, announced that it has secured £17M (approximately €19.84M) first close for its institutional impact fund, aimed at supporting visionary founders who are using technology to build more resilient societies. The fund’s total target is £50M (approximately €58.36M), with a second close anticipated in 2025. Jean de Fougerolles, Ascension’s […] Read more ›
9
The ninth edition of the Hello Tomorrow Global Challenge has declared tozero, a Munich-based startup specialising in lithium-ion battery recycling, as the grand winner. Chosen from over 4,000 applicants, tozero’s pitch earns them the coveted equity-free grand prize of €100,000. Founded in 2022 by Sarah Fleischer and Dr. Ksenija Milicevic Neumann, tozero aims to create […] Read more ›
3
Stockholm-based Buddywise, a platform that aims to transform workplace safety with AI, announced that it has secured €3.5M in a seed round of funding. The investment was co-led by Kvanted, an industrial tech fund from Helsinki, and J12, an AI specialist fund. Existing investors Aligned and Antler also participated, along with angel investors like Hans […] Read more ›
9
Delft-based Meatable, a food tech company, announced on Friday that it has achieved a breakthrough in the production of cultivated meat at scale. The company unveiled its ability to transform pluripotent stem cells (PSCs) into high-quality fat and muscle tissue in just four days, down from eight days. The announcement comes eight months after raising […] Read more ›
3
With Denmark positioned as Europe’s leader in health and medical technology, various healthtech startups now arise to redefine the industry. Read more ›
2
Berlin-based Enpal, a renewable energy system integrator and a greentech unicorn, announced that it has raised €1.1B in debt commitments from Barclays Europe, Bank of America, Credit Agricole CIB, and the Canada Pension Plan Investment Board (CPP Investments). Enpal’s previous sizeable debt fundraising was of over €400M from DWS, Phoenix Group, ING Germany, and BlackRock […] Read more ›
3
Berlin-based World Fund, a Europe-focused climate venture capital fund, announced that it has closed its inaugural fund at World Fund I at €300M, marking the largest first-time fund in European climate VC history. Who backed? The fund was backed by experienced LPs such as the European Investment Fund (EIF), KfW Capital, and VP Capital. Several […] Read more ›
29
Social media platform Reddit announced on Thursday, March 21, that it has made its debut in the New York Stock Exchange (NYSE) under the symbol RDDT, with a valuation of $6.4B. Steve Huffman, Reddit’s CEO, told CNBC before the company’s debut that “the best investors of Reddit are people who use Reddit”. Skyrocketed 48% Reddit […] Read more ›
1
Amsterdam-based Thorizon, a spin-off from the Nuclear Research and Consultancy Group (NRG), announced that it has received €10M from the French government to develop a molten salt reactor — Thorizon One. Furthermore, the Dutch company has been selected for inclusion in France’s nuclear innovation program, known as France 2030, which provides a grant as well […] Read more ›
77
From former Meta COO Sheryl Sandberg to OpenAI’s current CTO Mira Murati, to Bumble founder Whitney Wolfe Herd, women in tech are slowly but surely gaining ground in the household name stakes. However, despite a focus on girls studying STEM subjects, and women pursuing and occupying the C-suite in greater numbers, the harsh reality is […] Read more ›
0
The French competition authority, known as the Autorité de la concurrence, on Wednesday, March 20, issued a fine against Alphabet Inc, Google LLC, Google Ireland Ltd, and Google France. The companies have been collectively fined €250M due to their failure to comply with certain commitments established in June 2022. This fine marks the fourth decision […] Read more ›
0
Rotterdam-based Flowboost, an online marketing company, announced that it has acquired a 50 per cent stake in Dutch startup Backlink.nl through participation, strengthening its foothold in the link-building sector. Floris de Schrijver, owner of Flowboost, says, “Despite much advice to focus further on Google Ads after achieving Google Premier Partner status, we chose a different […] Read more ›
1
Amsterdam-based OTB Ventures, a European VC focused on DeepTech, announced on Thursday that it has closed its second fund at $185M (approximately €170M). The investment comes from the European Investment Fund (EIF) under the InvestEU Fund and the NATO Innovation Fund (NIF), Isomer Capital, FNP Foundation for Polish Science, TDJ Venture, Snowflake co-Founder Marcin Zukowski, […] Read more ›
2
Netherlands-based CoinMart, a crypto platform, has announced a strategic partnership with global investment firm IDG Capital, coupled with a fundraising of $3M (nearly €2.75M). CoinMart says, “This strategic collaboration is not just a financial milestone; it’s a testament to our shared vision of making cryptocurrency trading more accessible, secure, and compliant with upcoming regulations.” IDG […] Read more ›
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Most popular sources
Business Insider
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25% 7 |
Tech Wire Asia
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15% |
CNET
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8% 1 |
The Verge
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6% 1 |
Eurogamer.net
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5% 2 |
| View sources » | |
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26.11.2024 05:42
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