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 ›
109
Lyon-based HawkCell, a healthtech startup, announced that it has secured €5M in a Series A round of funding led by a German venture capital firm MIG Capital, with participation from French investment bank, Bpifrance. HawkCell transforms human MRI into the first animal-dedicated imaging with AI algorithms, using its plug-and-play technology for veterinary applications, advancing animal […] Read more ›
1
Amsterdam-based Ellogon, a company working on personalising immunotherapy with data and algorithms, announced that it has secured €1M in fresh funding from ROM InWest and UvA Ventures Holding. Rudi Rust, CEO of UvA Ventures, says, “We are pleased to announce our recent investment in Ellogon, a company at the forefront of cancer immunotherapy. Emerging from […] Read more ›
10
The European Innovation Council (EIC) has announced that 27 projects have been selected from the September 2023 EIC Transition cut-off. Out of the total, three are from the Netherlands. These successful proposals were chosen from 257 eligible submissions and will each receive a grant of up to €2.5M. Participants from 16 EU Member States and […] Read more ›
39
London-based Ada Ventures, an inclusive venture firm, has announced the final close of a £63M (approximately €73.83M) fund, the second fund from the firm, to support a diverse group of early-stage founders. Institutional investors, including the British Business Bank, the University of Edinburgh, Big Society Capital, Atomico, the Export and Investment Fund of Denmark (EIFO), […] Read more ›
3
Berlin-based Quantistry, a provider of cloud-native chemical simulation platforms, announced on Tuesday that it has secured €3M in a fresh funding round led by Ananda Impact Ventures. Other investors, including Chemovator, the business incubator of BASF, IBB Ventures, and a Family Office, also participated in the round. The capital injection will boost Quantistry’s efforts to […] Read more ›
12
Helsinki is one of the hottest startup hubs in the world, growing numerous successful startups to watch out for in 2024. Read more ›
16
The 0100 Conference Europe is quickly becoming the event of the year for private equity and venture capital professionals. With an optimistic outlook for the year, professionals are gearing up to tackle emerging challenges and explore new opportunities. This conference not only offers a platform to discuss economic trends and investment strategies but also addresses […] Read more ›
13
London-based Griffin, a Banking-as-a-Service platform, announced that it has gained approval from the UK’s financial regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), to lift restrictions and transition into a fully operational bank. The company has also been supported by a $24M (approximately €21.94M) funding round led by MassMutual Ventures, NordicNinja, and […] Read more ›
26
Vargas Holding and H&M Group have announced the launch of their initiative, Syre, to revolutionise the textile industry by recycling polyester on a massive scale. Syre plans to establish global production plants for circular polyester. Syre will offer textile-to-textile circular polyester (cPET), with oil-based virgin polyester quality and “superior” sustainability, reducing CO2 emissions by up […] Read more ›
2
Espoo, Finland-based Infinited Fiber Company, a fashion technology firm, announced on Friday, March 8, that it has secured €27M in a new funding round. The round marks the completion of a two-part development financing round totalling €40M, with significant investments from new investors. The list of new investors includes: The announcement comes around a year […] Read more ›
2
The Hague-based Eye Security, a startup specialised in protecting small and medium-sized European enterprises from cyber threats, announced on Monday that it has secured €36M in a Series B funding round led by J.P. Morgan Growth Equity Partners. Other existing investors, including Bessemer Venture Partners and TIN Capital, participated in the round. With the latest […] Read more ›
2
Amsterdam-based Orq.ai, a Generative AI platform for enterprises that integrates with large language models (LLMs) and enables collaboration across the organisation, announced that it has secured an additional €1.5M in growth funding. Following its oversubscribed pre-seed round of €800K in September 2023, the Dutch company is introducing two new products, Experiment and Optimize. Orq.ai says […] Read more ›
6
Every year is the same. Come March 8th, our social media feeds, inboxes, and news channels are flooded with stories of women who have “made it” despite adversities in all walks of life. Not much of that talk, however, seems to translate to real change in the other 364 days of the year. International Women’s […] Read more ›
31
Legitify, an online notarisation platform headquartered in Dublin, announced that it has secured €1.5M in a seed round of funding. The round was led by Verb Ventures and supported by Enterprise Ireland, Actium Partners, Redbay Ventures, and other investors. Alexander Chikunov, Founding Partner at Verb Ventures, says, “In a remarkably short time, Legitify has emerged […] Read more ›
24
Utrecht-based CryoCloud, a biotech startup, announced that it has secured €500,000 in a pre-seed round of funding led by Nina Capital, with significant contributions from Utrecht Health Seed Fund and ROM Utrecht Region. The company will use the funds to accelerate growth and forge partnerships with leading companies and key opinion leaders. The Dutch firm […] Read more ›
53
With initiatives and support for French women in tech, many startups and scaleups are on the rise to challenge the once male-dominated industry. Read more ›
22
Between 60 per cent to 75 per cent of PR specialists are women. Yet, they get lower salaries than their male colleagues and are governed by males, according to the report from Entrie. However, this is shifting, but rather slowly. Deborah Gray, founder at Canela, says, “The good news is there has never been a […] Read more ›
1
Amsterdam-based Vini Mini, a startup that offers nutritional products and supplements to prevent food allergies in babies, announced that it has secured €500,000 in a seed round of funding. This funding follows Vini Mini’s victory at the FEM-START Up Awards 2023, earning them a €100,000 investment from Antler. With the seed funding, the company plans […] Read more ›
18
During a celebratory meeting held in Delft on Thursday, March 7, Deputy Meindert Stolk presented subsidy cheques worth €3M to five innovation campuses. It includes: The subsidies are provided through the multi-year subsidy program Kansen voor West, which is financed, in part, by the European Regional Development Fund (ERDF). The main objective of this program […] Read more ›
2
Munich-based AMPEERS ENERGY, a software startup paving the way for a CO2-free real estate industry, has secured funding and partnership with SolarEdge Technologies, a firm that claims to be a global leader in smart energy technology. AMPEERS looks to develop solutions for decarbonising entire portfolios of multi-dwelling buildings across Germany and Austria. The investment is […] Read more ›
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28% 2 |
Tech Wire Asia
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14% |
CNET
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7% 1 |
The Verge
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5% 0 |
MacRumors
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5% 4 |
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26.11.2024 09:35
Last update: 09:31 EDT.
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