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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NVIDIA‘s GPU Technology Conference (GTC) is here! The company’s founder and CEO Jensen Huang has officially kicked off the annual conference saying “I hope you realise this is not a concert, this is a developers’ conference,” as he took the stage in a crowded arena reserved usually for concerts and ice hockey games. During the […] Read more ›
6
Utrecht-based Altura, a tendering platform, announced that it has secured €3M in a fresh round of funding. Altura, which unveiled its initial software iteration two years ago, initiated discussions with investors Matthijs Huiskamp and Jordi van der Hek for further growth. Curiosity VC, drawn by Altura’s emphasis on Artificial Intelligence, expressed interest and became a […] Read more ›
3
Amsterdam-based Hiber, an IoT space tech startup, announced that it has acquired Srett Industrie, a Paris-based IoT LoRaWAN-enabled hardware manufacturer specialising in LoRaWAN-enabled devices for ATEX environments. This acquisition strengthens Hiber’s R&D and manufacturing capacities, enhancing its HiberHilo operations worldwide. The move aims to accelerate innovation in well integrity & monitoring technology for remote locations. […] Read more ›
2
Covilhã, Portugal-based UpHill, a care orchestration platform, announced that it has secured €7M in a Series A round of funding led by Explorer Investments, Redstone (and EnjoyVenture), Brighteye Ventures and MSM fund (Mustard Seed Maze). Other investors, including Caixa Capital, SCR, S.A., and Luz Saúde, participated in the round. The company will use the funds […] Read more ›
3
Rotterdam-based PortXL, a maritime startup accelerator, announced on Monday, that it has signed a partnership agreement with MINDbase Rotterdam, one of the ‘hubs’ of the Dutch Ministry of Defence’s innovation organisation. MINDbase was established in 2020 to promote military-focused innovations. Its activities take place at RDM Innovation Dock in Rotterdam, as well as locations in […] Read more ›
2
Barcelona-based Horizons Optical, a provider of medical software used in the manufacturing of premium spectacle lenses, announced that it has secured fresh funding from London’s Oakley Capital, a pan-European mid-market private equity investor. Oakley Capital’s Origin Fund I will secure a majority stake in Horizons Optical, with CEO Santiago Soler maintaining a substantial share and […] Read more ›
1
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 ›
2
The growing climate concerns have sparked a rise in European climate tech startups, with significant investors playing a crucial role in their development. Read more ›
3
Germany-based Crosstown H2R, a climate tech startup that emerged from stealth mode, has announced funding and partnerships with Switzerland-based Sulzer and Finland’s Fortum. This collaboration aims to facilitate the transformation of gas power plants into zero-carbon energy producers. Crosstown has secured €2M in subsidies and grants from the Swiss Federal Office of Energy (SFOE) and […] Read more ›
1
Amsterdam-based growth leaders Ferdinand Goetzen, Clément Dumont, and Joliene van Grieken, announced on Tuesday, March 12, that they have launched The Growth Syndicate to help B2B companies scale sustainably. After selling Reveall last year, Ferdinand Goetzen has launched a new venture with Joliene van Grieken and Clement Dumont. “We’re aspiring to create a “new kind” […] Read more ›
2
Last week marked four years since the WHO declared COVID-19 a pandemic. While the pandemic brought the world to a standstill, it will also be seen as the year of digital reckoning for businesses globally. While businesses had been on a digital transformation journey for some time, the pandemic forced them to fast track and […] Read more ›
17
Germany-based acto, a company that offers active decision intelligence for B2B sales teams, has secured €3.7M in a seed round of funding. The investment was led by 468 Capital and Cusp Capital, along with ongoing support from adesso ventures. The round also saw participation from another.vc and business angels such as Benedikt Franke (Planetly) and […] Read more ›
2
Amsterdam-based 819 Capital Partners (819), an investment firm, has announced the acquisition of Direct Diagnostics from Sanquin Health Solutions (SHS). The deal also includes additional growth funding from 819, a firm specialising in venture capital, private equity, and corporate finance. The amount, however, remains undisclosed. Direct Diagnostics plans to utilise the growth investment to expand […] Read more ›
14
Paris-based Kolet, a sustainable eSIM provider, announced on Thursday that it has closed a €5M in a seed funding round with European investment funds daphni and 9900 Capital. The French company will use the funds to bring affordable Internet access to travellers worldwide in over 180 countries. Kolet: Sustainable eSIM provider Founded at the beginning […] Read more ›
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Paris-based Lago, an open-source metering & usage-based billing platform, announced that it has secured $22M (approximately €20M) in a fresh round of funding led by FirstMark. Others, including Y Combinator, Lee Fixel’s Addition, New Wave, and Script, as well as industry veterans Meghan Gill (who has led the monetisation efforts of MongoDB for 14 years), […] Read more ›
2
With Glasgow’s tech scene standing at €3.98B in 2023, the city’s newest wave of tech startups are now expected to grow faster than their predecessors. Read more ›
0
Eindhoven-based DeepTechXL, a venture capital fund, announced that it has closed its DeepTechXL Fund I. The fund was announced in 2022 and aimed for a minimum fund size of €100M. According to fd.nl, the fund has raised €110M through contributions from ASML and pension fund PME. In addition, the fund also saw support from Brabant […] Read more ›
9
San Francisco-based Databricks, a Data and AI company, on Thursday, announced an investment and partnership with Paris-based Mistral AI, a company specialised in generative artificial intelligence. The announcement comes six months after Databricks raised $500M (approximately €469M) in a Series I round of funding at a $43B (approximately €40B) valuation. Databrick x Mistral AI: What […] Read more ›
2
Amsterdam-based TheyDo, a journey management platform, announced on Thursday that it has secured an additional $34M (approximately €31M) in a fresh funding round led by Blossom Capital, bringing the total funding to $50M (approximately €46M) Other existing investors, including Arches Capital and Innovation Quarter and global customer experience evangelist Steven van Belleghem, Highsage Ventures, and […] Read more ›
2
London-based ThinkSono, a medtech company specialising in ultrasound AI guidance solutions, has concluded its latest funding round, surpassing its target to secure £2.1M (approximately €2.45M). ThinkSono was founded in 2016 by Fouad Al Noor and Sven Mischkewitz. The duo crossed paths at the Entrepreneur First (EF) programme in London, where they shared a mutual goal […] Read more ›
3
Most popular sources
Business Insider
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27% 2 |
Tech Wire Asia
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15% |
CNET
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9% 3 |
The Verge
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6% 3 |
Gizmodo
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5% 1 |
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26.11.2024 07:32
Last update: 07:26 EDT.
News rating updated: 14:21.
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