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
London-based Monzo, a digital bank, announced that it has secured £340M (nearly €397.91M) in a fresh round of funding. The round values the bank at £4B (nearly €4.68B). The investment was led by CapitalG, Alphabet’s growth fund, and joined by tech giants GV and HSG, along with existing backers like Passion Capital and Tencent. Gene […] Read more ›
2
While males still dominate the UK startup ecosystem, there is a growing number of startups and scaleups under female leadership, challenging the industry norms Read more ›
33
Denmark-based Formalize (formerly Whistleblower Software), a compliance operations platform designed to streamline compliance workflows and automate processes for various frameworks and regulations, secures €15M in a Series A round of funding. The proceeds will help the company to establish itself as Europe’s premier compliance software provider. Formalize, currently with 90 employees in Aarhus, Copenhagen, and […] Read more ›
29
Amsterdam-based Carbon Equity, a climate venture capital, and private equity investment platform, announced on Tuesday that it has raised €100M through its Climate Tech Portfolio Fund II. Carbon Equity has exceeded its initial target of €75M and more than doubled the size of Fund I, which closed at €42M in 2022. To date, Carbon Equity […] Read more ›
3
Barcelona-based Housfy, a real estate multiservice platform, announced that it has raised €10M in a fresh round of funding. The platform facilitates commission-free online transactions for selling, buying, renting homes, and securing mortgages. With this round, Housfy has accumulated €23M across five investment rounds. Housfy initiated its expansion into Portugal in 2019, and the recent […] Read more ›
12
Alabama-based Van Heron Labs, a biotechnology company, announced on Tuesday that it has secured $1.1M (approximately €1M) in a seed round of funding led by FoodLabs, a Berlin-based early-stage VC and venture studio for food, health, and climate. The company will use the funds to improve its technologies and existing offerings and help bring new […] Read more ›
0
Amsterdam-based Mews, a cloud-based property management system (PMS), announced that it has secured $110M (approximately €101.39M) in funding led by Kinnevik, with participation from Revaia, Goldman Sachs Asset Management, Notion Capital, and LGVP. With this round, Mews’ has gained the unicorn status valuing the company at $1.2B (approximately €1.1B). Akhil Chainwala, Investment Director at Kinnevik, […] Read more ›
20
The European Commission announced on Monday that it has fined Apple over €1.8B for abusing its dominant position in the music streaming market on the App Store. The announcement comes in response to Apple’s restrictions imposition on app developers, preventing them from informing iOS users about alternative and cheaper music subscription services outside of the […] Read more ›
14
UK-based Grwth, a company specialised in matchmaking services and strategic growth advisory, on Monday, announced the launch of its consumer venture fund — Grwth Ventures, marking a significant addition to the Grwth family. ‘Grwth Ventures’ will be added to the existing ‘Grwth’ brand alongside ‘Grwth Club’ and ‘Grwth Advisory’ divisions that offer agency matchmaking and […] Read more ›
1
Female entrepreneurs are shaping the future of the Netherlands' startup and scaleup scene, with many companies thriving with women at the helm. Read more ›
11
Amsterdam-based NLC Health Ventures, a healthtech venture builder, has secured €14M in funding from private investors and family offices. In addition to private investors, NLC has also garnered support from governmental and public sector entities, including Bpifrance, the French public sector bank, and the NHS, the UK’s publicly funded healthcare system. The company is in […] Read more ›
6
Meta, previously known as Facebook, has found itself at the centre of controversy once again, this time in the Netherlands. Dutch privacy organisations, Data Privacy Stichting (DPS) and the Dutch Consumer’s Association (Consumentenbond) have taken the tech giant to court for alleged privacy infringements. The Dutch Consumer Association and DPS claim Meta processed the personal […] Read more ›
15
Bratislava-based Powerful Medical, a medtech startup, announced that it has secured a €2.5M grant and an additional €5M investment from the European Innovation Council (EIC). The company, recognised for its innovation in cardiovascular diagnostics, stood out among over a thousand applicants. Empowering clinicians to accurately diagnose cardiovascular diseases Founded in 2019 by Martin Herman, Dr. […] Read more ›
3
Stockholm-based eComID, a climate tech startup, announced on Monday that it has secured €2.75M in an oversubscribed pre-seed round of funding led by CapitalT with support from follow-on investment from H&M Group Ventures, and strategic angel investors. The strategic angel investors include: The Swedish company will use the funds to expand its platform capabilities and […] Read more ›
15
As Germany’s second leading startup ecosystem after Berlin, Munich remains among the world’s best places for startups to grow and thrive. Read more ›
0
Showpad’s former CEO Pieterjan Bouten announces the launch of Entourage, a $30M (approximately €27.72M) Venture Studio and early-stage venture capital fund to support the next wave of European SaaS founders. The Ghent-based company secured funding from a roster of B2B SaaS scale-up entrepreneurs. These include Jason Lemkin (Saastr), Louis Jonckheere & Peter Minne (Showpad), Stijn […] Read more ›
6
Amsterdam-based Invest-NL, a Dutch national financing and development institution, on Friday, announced the launch of –Financing Table in collaboration with the Ministry of Economic Affairs and Climate Policy (EZK). This new initiative brings together government and private parties to tackle the financing issues within the climate and energy transition. The aim is to deploy private […] Read more ›
9
London-based TABBit, a fintech platform that allows people to manage group expenses and personal payments, announced on Thursday, February 29, that it has secured £320k ( approximately €373K) in a fresh funding round. The funding round is led by the European super-angel fund Angel Invest. Fintech industry veterans, including Dr. Andrew Buckley (previously GM of […] Read more ›
11
Stockholm-based Plexigrid, a company that claims to reinvent electric grids for the energy transition, has secured €6.5M in a fresh round of funding from the European Innovation Council (EIC) Accelerator Programme. Plexigrid’s latest funding comprises a non-diluting €2.5M technology development grant and €1M in equity capital from Plexigrid. EIC contributed the remaining €4M as equity […] Read more ›
9
Sunnyvale, California-based Figure, an AI Robotics company building the world’s first commercially viable autonomous humanoid robot, announced on Thursday that it has secured $675M (approximately €624M) at a $2.6B valuation. The investment comes from an array of tech giants, including Alongside the funding, a collaboration agreement has been inked between OpenAI and Figure to pioneer […] 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% 2 |
CNET
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5% 3 |
The Verge
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4% 2 |
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26.11.2024 11:31
Last update: 11:26 EDT.
News rating updated: 18:22.
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