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 ›
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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 ›
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Europe has witnessed a growth in AI technology usage in recent years. Many companies in the region continue to develop innovative AI tools that have a crucial impact on the industry. Read more ›
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Dubendorf, Switzerlamd-based Odne, a dental startup, announced on Wednesday, that it has secured $5M (approximately €4.5M) in a Series A1 round of funding led by Revere Partner and NV Capital. Additionally, several other renowned funds, such as Dental Innovation Alliance (DIA), Plug&Play, Hatcher, Züricher Kantonalbank, as well as various family offices and angel investors, participated […] Read more ›
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Amsterdam-based D2X, a crypto derivatives exchange for institutions, announced on Thursday that it has secured $10M (approximately €9.1M) in a Series A round of funding led by Point72 Ventures. Other participants in the round included GSR Markets alongside existing investors. The Dutch company has become the first entity in the European Union to secure a […] Read more ›
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PPRO, a London-based local payments platform, announced that it has completed a dual-tranche funding round, securing a total of €85M. This funding will fuel expansion efforts in key markets and strengthen its global network of local payment methods. The investment came from a mix of new and existing investors, including Eurazeo, HPE Growth, Sprints, PayPal […] Read more ›
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Berlin-based Naro, a fintech company, announced on Thursday that it has secured $3M (approximately €2.7M) in a pre-seed round of funding co-led by La Famiglia (now part of General Catalyst) and Discovery Ventures. Other investors, including the founders of European unicorns Flix and Forto, other VCs Angel Invest and Robin Capital, and operators with leadership […] Read more ›
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Netherlands-based Levenue, a revenue-based financing company, announced that it has acquired MidFunder, a Zurich-based fintech specialising in financing for companies with recurring revenue. This acquisition is a strategic step to bolster Levenue’s operations in Switzerland. Benjamin Rieder, CEO & co-founder of Levenue, says, “We believe that combining our strengths with MidFunder’s expertise will not only […] Read more ›
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In Europe, the urgency of addressing climate change resulted in the founding of major climate tech startups exhibiting remarkable growth. Read more ›
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In a move towards regulating artificial intelligence (AI) within the European Union, the Members of the European Parliament (MEPs) have endorsed a provisional agreement on the Artificial Intelligence Act at the committee level. The agreement, which aims to ensure safety and compliance with fundamental rights, received overwhelming support during the Internal Market and Civil Liberties […] Read more ›
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UK-based Mercia Ventures, an active venture capital investor, on Wednesday, announced the completion of a £60M (approximately €70.1M) fundraising by the three Northern Venture Capital Trusts, an integral part of Mercia’s third-party funds under Management. With assets under management totalling approximately £1.5B, Mercia is a proactive and regionally focused specialist asset manager. The Northern VCTs, […] Read more ›
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![[Exclusive] Sweden-based Younium raises an additional €2.7M for its B2B subscription management software](https://times42.com/media/6/6/9/8056669_640x200.jpg "[Exclusive] Sweden-based Younium raises an additional €2.7M for its B2B subscription management software")
Stockholm-based Younium, a B2B subscription management and billing software company announced that it has secured an additional SEK 31M (approximately €2.76M) in funding. The round was led by existing investors and joined by Partinc Capital, who currently holds the largest ownership stake in Younium alongside the founders. Per Nordling, Chairman of the Board at Younium […] Read more ›
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So, will AI take over our jobs or not? This question looms large, particularly after massive advancement of AI and the launch of various tools (ChatGPT, Claude, Bard), fueling debates about the trajectory of automation and its impact on employment.” Cognition, a US-based applied AI lab focused on reasoning, gives us a little hint about […] Read more ›
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Berlin-based Polar Signals, a company that offers continuous profiling products, announced on Tuesday, March 12, that it has secured an additional $6.8M (approximately €6.2M) in funding led by Spark Capital, bringing the total fund raised to $10.8M (approximately €9.8M). The funding round also saw participation from GV, Lightspeed, Haystack, Lorimer, and an esteemed group of […] Read more ›
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Netherlands-based 1-2-Taste, an online B2B food ingredient platform, announced that it has closed its Seed investment round. The funding amount remains undisclosed. Rotterdam-based Icos Capital led the round with support from existing investor Navus Ventures, a VC firm aimed at high-tech startups and scale-ups that drive the sustainable transitions in food and energy. Jaap Zijlstra, […] Read more ›
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Stockholm-based Voi, a micro-mobility startup that offers electric scooters for last-mile transportation, announced that it has secured $25M (approximately €22.87M) in an oversubscribed funding round. The company also obtained extra debt financing for vehicles. The new equity and debt funds will fuel the expansion of Voi’s e-scooter and e-bike fleet, capitalising on increasing consumer demand […] Read more ›
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London-based Packfleet, a logistics startup, announced on Tuesday that it has secured $10M (approximately €9.1M) in a Series A round of funding, co-led by General Catalyst and Voyager. Other existing investors, including Creandum, Entree Capital, and Founder Collective, participated in the round. The UK company will use the funds to expand its operations within the […] Read more ›
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Aside from London, Birmingham has emerged as one of the hottest startup hubs in the UK with many fast-growing startups to watch out for. Read more ›
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Barcelona-based SolarMente, a cleantech startup, announced on Tuesday, that actor and environmental activist Leonardo DiCaprio has joined their ranks as a new investor. However, there is no information about the exact funding figures. The announcement comes over a year after raising a €50M investment from GNE Finance. “Excited and honoured to share that Leonardo DiCaprio, […] Read more ›
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What does a venture capitalist or a partner at a VC firm do every day? This question has always intrigued me and it has intrigued me even more as technology becomes the common denominator in everything we do right now. I am sure they don’t invest in startups like we see on TV shows like […] Read more ›
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Most popular sources
Business Insider
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30% 1 |
Tech Wire Asia
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14% |
Gizmodo
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7% 0 |
CNET
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6% 2 |
Wired
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6% 2 |
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26.11.2024 13:44
Last update: 13:36 EDT.
News rating updated: 20:30.
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