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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Stockholm-based venture capital firm EQT announces the conclusion of EQT X fundraising, securing a total of €22B in commitments, surpassing the €20B target. €21.7B of this amount constitutes fee-generating assets under management. According to EQT, the fund sets a new record as one of the largest private equity funds ever raised, marking a nearly 40 […] Read more ›
2
Redmond-based tech giant Microsoft, on Monday, February 26, announced a multi-year partnership with Mistral AI, a company specialised in generative artificial intelligence. The announcement comes a couple of months after Mistral AI signed a partnership with Google Cloud. This partnership with Microsoft enables Mistral AI with access to Azure’s cutting-edge AI infrastructure. This collaboration will […] Read more ›
2
Which country offers the best work-life balance? Every person looking for a job has this question on their mind and with recent statistics showing that more than three-quarters of employees have suffered burnout in their current roles, this question gains even more importance. Remote, an employer of record specialists helping organisations embrace and set up […] Read more ›
7
London-based Baseimmune, a biotech company using deep learning AI to forecast pathogen mutations for vaccine development, has secured $11.3M (approximately €10.40M) in a Series A round of funding. The round was led by new investors MSD Global Health Innovation Fund and IQ Capital, with participation from existing backers such as Hoxton Ventures, Creator Fund, Beast […] Read more ›
2
Amsterdam-based FounderFuel, a community for founders and investors, announced the launch of its new investment fund. Co-founded by Chingiskhan Kazakhstan and Max Schalow, the initiative has transformed into a fund that supports early seed-stage founders with capital and a network of experienced problem-solvers. FounderFuel aims for 25-35 investments by 2027, exclusively using EPOS agreements. They […] Read more ›
3
Germany-based CONUTI, a specialist in consulting and development of IT solutions, announced on Monday that it has acquired shares in Berlin-based powerdata, a provider of AI & IT software solutions and services for the energy industry. CONUTI, a portfolio company of NORD Holding, together with powerdata, aims to take process flows in the energy industry […] Read more ›
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Munich-based RobCo, a provider of affordable and connected robotics automation solutions for small and medium-sized enterprises (SMEs), has secured $42.5M (approximately €39.17M) in a Series B round of funding. With this round, RobCo’s total investment surpasses $60M (approximately €55.29M). RobCo facilitates SMEs’ entry into automation and addresses challenges such as skilled labour shortages, production scalability, […] Read more ›
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Oslo-based Verdane, a European specialist growth investment firm, on Monday announced the successful final close of Verdane Edda III (“Edda III” or “the Fund”) at €1.1B, surpassing its target. The announcement comes six months after closing its Verdane Capital XI fund at €1.1B in September last year. In the past six months, Verdane closed two […] Read more ›
3
Brussels-based LIZY, a company specialised in car rentals for SMEs and professionals, announced on Friday that it has secured €11.5M in a fresh round of funding from D’Ieteren, Alychlo, NewAlpha Asset Management, and Welvaartsfonds. The company will use the funds to accelerate its growth and expand its workforce. The traditional model of car ownership can […] Read more ›
11
Paris-based Sorella, a female health startup, announced that it has closed €5M in funding just one year after launching its first multidisciplinary health clinic. The investment was led by Paris and New York-based impact investment firm blisce/ and joined by Vorwerk Ventures. blisce/ is a certified B Corp with a commitment to social and environmental […] Read more ›
2
Paris-based Sorella, a female health startup, announced that it has closed €5M in a seed round of funding just one year after launching its first multidisciplinary health clinic. The investment was led by Paris and New York-based impact investment firm blisce/ and joined by Vorwerk Ventures. blisce/ is a certified B Corp with a commitment […] Read more ›
0
US-based Horizon Capital, a private equity firm, announced on Friday, February 23, the successful closing of its latest Ukraine-focused fund — the Horizon Capital Growth Fund IV (“HCGF IV”). The fund has raised $350M (approximately €323M) in commitments during its final closing held in Tokyo on February 19, 2024, surpassing its initial target size of […] Read more ›
16
The landscape of entrepreneurship and investment, historically male-dominated, continues to evolve. However, women entrepreneurs and investors still face a significant underrepresentation. From gender biases to limited access to capital, women encounter various challenges in business. Organisations like EIT Food, EIT Manufacturing, and EIT Urban Mobility are taking proactive steps to bridge the gender gap and […] Read more ›
0
Amsterdam-based Rototip, a digital manufacturing startup, announced that it has secured €1M in its initial investment round. The investment was led by ACT Venture Partners, with participation from Heartfelt Capital and APY Ventures. The funds will help Rototip to expedite its product roadmap, integrating advanced AI-powered automation and processes. This move aims to propel the […] Read more ›
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Nottinghamshire-based GeoPura, a company specialised in green hydrogen, announced on Thursday that it has secured £56M (approximately €65.6M) in funding. The UK Infrastructure Bank committed £30M to the round, led by a follow-on investment from Barclays Sustainable Impact Capital and supported by our existing investors: GM Ventures, SWEN Capital Partners, and Siemens Energy Ventures. In […] Read more ›
0
Amsterdam-based Aigent, a company specialising in AI-driven agent coaching, monitoring, call transcription, and post-call analytics, has been acquired by New York’s outsourcing and offshoring consulting firm Ubiquity. Q Advisors, a globally acknowledged TMT (Technology, Media, and Telecommunications) investment bank, served as the exclusive financial advisor to Aigent in this deal. Founded in 2017, Aigent is […] Read more ›
0
Globally, everyone knows that funding is down. In fact, global startup investment in 2023 was 38 per cent lower than it had been a year previously. These deep cuts affected all stages, with early-stage funding down more than 40 per cent than 2022, late-stage funding by 37 per cent, and seed funding declining by just […] Read more ›
2
Copenhagen-based Januar, a payment gate for crypto companies, announced on Thursday that it has secured €1.5M funding in a Seed Extension round from CMT Digital, Third Prime, and Skyfall Ventures alongside Michael Grønager, Chainalysis Co-founder & CEO, and with follow-on from current investors. “I am tremendously excited to share the news about our latest fundraise […] Read more ›
3
UK-based Altilium, a cleantech group focused on supporting the energy transition to net zero, announced that it has secured an additional $9.43M (nearly €8.71M) in its Series A follow-on round from SQM Lithium Ventures, reaching a total investment of $12M (nearly €11M). This marks the completion of Altilium’s Series A funding round and stands as […] Read more ›
3
Minnesota-based Datasite, a SaaS company, announced on Thursday that has acquired Sherpany, a Zurich-based board reporting and meeting management software provider. However, the terms of the agreement are not disclosed, and the transaction is expected to close in Q1 2024, subject to closing conditions. Founded in 2011, Sherpany’s software allows professionals to increase productivity by […] Read more ›
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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% 3 |
The Verge
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5% 2 |
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26.11.2024 13:14
Last update: 13:06 EDT.
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