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 ›
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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 ›
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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 ›
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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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The Netherlands-based Lgem, a biotech scale-up, announced significant share issuance on Wednesday, March 19. As a result, ROM InWest has become a new minority shareholder, while Navus Ventures (part of the van der Lely family office) will increase its stake in the company. Last year, Navus Ventures made an undisclosed investment to help Lgem speed […] Read more ›
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Noord-Brabant-based GOAL 3, a company that develops patient monitoring systems, announced on Tuesday, March 19, that it secured second place prize at the European Humanitarian Forum in Brussels. The European Prize for Humanitarian Innovation, known as InnovAid, crowned the International Rescue Committee IRC Deutschland from Germany as the inaugural champion. The Humanitarian Logistics Cooperative from […] Read more ›
2
Berlin-based Fuchs & Eule, a company that wants as many homeowners as possible to make their homes energy efficient, has secured a multi-million Euro funding in its Series A round to capitalise on the rising demand for green home renovations. The investment amount remains undisclosed. The round was led by Amsterdam-based SET Ventures, with Realyze […] Read more ›
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Paris-based Greenly, a carbon accounting startup, announced on Thursday that it has raised $52M (approximately €48M) in a Series B funding round led by Fidelity International Strategic Ventures. The Series B funding round also saw participation from new investors such as BGV (Benhamou Global Ventures), Move Capital, Hewlett Packard Enterprise, and HSBC. Existing partners like […] Read more ›
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Belfast is thriving, boasting remarkable economic growth and serving as a hub for numerous fast-growing startups. Read more ›
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Louvain-la-Neuve, Belgium-based e-peas, a fabless semiconductor company that develops ultra-low power management for energy harvesting, announced on Wednesday that it has secured €17.5M in a new funding round led by Otium Capital. New investors Nomainvest and EIC Fund, and existing investors KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare, and Start.Invest, participated in the funding […] Read more ›
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Brussels-based Cowboy, a designer and manufacturer of electric bikes, announced the launch of Cross, a ‘first all-road bike’. Adrien Roose, co-founder and CEO, says, “Cowboy was born in the city, and we designed Cross to make every city greater. We have innovated around the riders’ wants and needs by increasing range, adaptability and adding suspension.” […] Read more ›
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Dusseldorf, Germany-based Rheinmetall, a company specializing in security and mobility solutions, announced on Monday, March 18, that it has acquired the Dutch startup — REEQ. Through this acquisition, Rheinmetall expands its range of vehicles to include innovative light hybrid vehicles. At the start of March 2024, Rheinmetall’s Dutch subsidiary, Rheinmetall Defence Nederland, part of the […] Read more ›
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London-based Automated Architecture (AUAR), a construction tech startup, announced that it has secured £2.6M (nearly €3M) in a Seed round of funding. The funding will fuel AUAR’s mission to build sustainable, affordable homes through its micro-factories, expand its partner network with 10 more partners as well as expand operations in the US. The UK-based company […] Read more ›
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Stockholm-based Ingrid, a delivery experience platform, announced on Tuesday, March 19 that it has raised €21M in an oversubscribed funding round led by Verdane, alongside Schibsted Ventures. The company will use the funds to accelerate its international expansion across the Nordic markets, the UK, and the Netherlands. What does Ingrid solve? Delivery is the most […] Read more ›
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Globally, logistics providers worldwide are on a quest to decarbonise last-mile deliveries, seeking cost-effective and sustainable solutions. A trend gaining momentum in this area is the transition towards mixed electric fleets, specifically incorporating e-cargo bikes. “Logistics providers today are dealing with many simultaneous challenges: rising parcel volumes, stricter city regulations, and the need to save […] Read more ›
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Leeuwarden, the Netherlands-based Hydraloop, a company specialised in recycling grey water, announced on Wednesday that it has closed €10.5M in a Series B round of funding out of €13.5M. Impact investors, including Invest-NL, and NOM, as well as proptech investor Amavi Capital, participated in the round. The company will use the fund to scale up […] Read more ›
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Eindhoven-based EFFECT Photonics, a company that develops highly integrated optics solutions, announced that it has secured $38M (nearly €34.95M) in a Series D round of funding. The investment was led by Innovation Industries Strategic Partners Fund, backed by Dutch pension funds PMT and PME, along with co-investor Invest-NL Deep Tech Fund and participation from other […] Read more ›
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Amsterdam-based Finch Buildings, a company that makes high-quality modular buildings from solid wood (CLT), announced on Tuesday that it has received an investment from the Amsterdam Climate & Energy Fund (AKEF). However, the exact information about the investment was not revealed. With the investment from AKEF, Finch Buildings plans to develop and expand its platform […] Read more ›
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Stockholm-based Candela, a manufacturer of long-range electric boats, announced on Tuesday that it has secured €25M in funding from Groupe Beneteau, bringing the total fund raised to €70M. Other investors in the round include EQT Ventures, Ocean Zero LLC, and Kan Dela AB. The recent investment will help scale up Candela P-12, the world’s first […] Read more ›
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Germany-based Xaver, a fintech startup, has introduced its B2B AI platform for life insurance and private pensions as well as secured €5M in a pre-seed round of funding. Xaver claims that this round is Europe’s largest fintech pre-seed funding of 2024 to date. The German fintech platform empowers banks, insurers, and brokers to enhance operational […] Read more ›
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Most popular sources
Business Insider
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30% 0 |
Tech Wire Asia
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15% |
CNET
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5% 3 |
Gizmodo
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5% 2 |
Eurogamer.net
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4% 2 |
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26.11.2024 11:47
Last update: 11:41 EDT.
News rating updated: 18:42.
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