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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Ev.energy, a London-based software platform that manages the charging of electric vehicles (EVs), announced on Wednesday that it has been chosen to receive a public funding grant of up to $41M (approximately €38M) from the California Energy Commission (CEC). The announcement comes eight months after raising €29.8M in a Series B round of funding led […] Read more ›
1
Amigos, a social platform based in Utrecht with a mission to foster real-life connections, announced that it has secured a €1M investment from former directors of Booking.com, Hyves, and Ahold. With over 800,000 users, the Amigos app aims for global expansion and claims that the investors will play a key role in guiding the company […] Read more ›
2
Norway-based sensiBel, a deep-tech company developing next-generation MEMS microphones, announced on Wednesday that it has secured €7M led by Sennheiser. Existing investors, including TRUMPF Venture, Skagerak Capital, Investinor, SINTEF Venture, MP Pensjon, and Halden Kommunale Pensjonskasse, also participated in the round. The company will use the funds to expand production and invest in scalability. Led […] Read more ›
6
Vilnius-based Evergrowth, an AI-powered B2B sales platform, announced that it has secured $2.2M (approximately €2M) in its first funding round, marking one of the Baltic’s largest pre-seed investments. Impellent Ventures and Practica Capital lead the round, showcasing Baltic SaaS startup impact. Evergrowth aims for $500K ARR within three months post-MVP launch. “Close more revenue with […] Read more ›
0
Stuttgart, Germany-based Cyclize, a climate-tech startup, announced on Wednesday that it has secured €4.75M in a fresh funding round led by UVC Partners. Other investors, including High-Tech Gründerfonds (HTGF), Aurum Impact, and UnternehmerTUM Funding for Innovators, as well as high-profile business angels like Dr. Klaus Schäfer, former CTO of Covestro, who will also join Cyclize’s […] Read more ›
13
Aarhus-based Hakio, a Danish AI-powered demand forecasting platform, announced that it has secured €4M in a seed round of funding to further accelerate the development of its platform. Hakio’s technology employs machine learning to improve forecasting in the fashion industry, addressing global waste concerns. The investment was co-led by People Ventures and Dreamcraft Ventures. The […] Read more ›
40
Søborg, Denmark-based Kvasir Technologies, a company specialised in sustainable biofuel development, announced on Thursday that it has secured €3M in a Seed extension round of funding. The funding comes from sustainability advisory and impact investor The Footprint Firm and the Export and Investment Fund of Denmark (EIFO), formerly Vækstfonden. The latest capital injection brings the […] Read more ›
14
Utrecht-based TRXmeds, a pharma tech startup that helps businesses grow, announced that it has secured fresh funding in its first investment round to boost the development of its pharmaceutical ecosystem. The investors in this round remain undisclosed. TRXmeds founder Wâtse Hiddema says, “There is a good vibe and the investor brings a lot of knowledge […] Read more ›
7
Stockholm-based Gilion (previously Ark Kapital), a growth and lending platform, announced on Thursday that it has appointed Oscar Werner as its new CEO, succeeding co-founder and CEO Oliver Hildebrandt. The announcement comes as Oliver Hildebrandt transitions to a new role as operating Chairman of the Board. “We’ve reached a stage where we need a master […] Read more ›
48
Netherlands-based Akela Hub, an AI-driven platform for innovators to find solutions that solve their challenges, announced that it has secured €1M in a fresh round of funding. The proceeds will help the company expand its AI scouting platform globally. The investment came from Unknown Group and founder Giels Brouwer. After three years in stealth mode, […] Read more ›
8
Eindhoven-based Scinvivo, a medtech startup, announced on Wednesday that it has secured €4.7M from Santec OIS Corporation, The NLC Health Impact fund, current shareholders, and an “Innovatiekrediet” (Innovation credit) loan of the Netherlands Enterprise Agency (RvO). The company will use the funds to improve the catheter, OCT system, and software such that it can be […] Read more ›
20
Hillegom-based Mama’s Maaltijden, a meal company, announced on Wednesday that it has acquired the vegan brand Vood, known for its high-quality plant-based products. By acquiring Vood into its brand portfolio, Mama’s Maaltijden strengthens its presence in the ready-to-eat meal segment, particularly in the rapidly growing vegan market. Additionally, Vood’s expertise in online sales is of […] Read more ›
1
London-based Napier AI, a regtech company specialised in delivering AI-powered anti-money laundering and financial crime compliance software, announced on Wednesday that it has secured £45M (approximately €52M) from Crestline Investors. The company will use the capital injection to expand its business in the upcoming years. This will allow Napier AI to continue developing and providing […] Read more ›
0
Vilnius-based Evergrowth, an AI-powered B2B sales platform, announced that it has secured $2.2M (approximately €2M) in its first funding round, marking one of the Baltic’s largest pre-seed investments. Impellent Ventures and Practica Capital lead the round, showcasing Baltic SaaS startup impact. Evergrowth aims for $500K ARR within three months post-MVP launch. “Close more revenue with […] Read more ›
13
Reading, Berkshire-based Device Authority, a provider of identity and access management for enterprise IoT ecosystems, announced on Tuesday that it has secured a further $2M (approximately €1.8M) in a Series A round funding from Prelude, the venture practice for Mercato Partners. The capital injection comes a few days after raising $7M (approximately €6.4M) in Series […] Read more ›
26
Dublin-based Accenture, a company that offers consulting and IT services, announced that it has agreed to acquire GemSeek, a Bulgaria-headquartered customer experience analytics provider. Terms of the deal were not disclosed. GemSeek specialises in providing insights, analytics, and AI-powered predictive models to help global businesses understand their customers. GemSeek is the latest addition to Accenture […] Read more ›
1
Helsinki-based Silo AI, the largest private AI lab in Europe, announced on Wednesday that it has completed the training of the Poro model, together with the University of Turku and HPLT. According to the company, this represents a significant breakthrough for SiloGen, their generative AI division. It is part of their efforts to strengthen European […] Read more ›
1
Amsterdam-based Fastned, the fast-charging company, announced that it has raised over €24M through new bonds, with an additional €3.5M from previous investments. This 14th round totalled over €27.5M, featuring a 6 per cent coupon and 5-year maturity. The company has now raised over €180M from retail investors. Michiel Langezaal, CEO and co-founder of Fastned, says, […] Read more ›
2
Netherlands-based EST-Floattech, a maritime battery systems developer, announced that it has raised €4M in fresh funding from the Energy Transition Fund Rotterdam and existing investors, including Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. The Dutch company received €3M from the Energy Transition Fund Rotterdam, marking the fund’s inaugural foray into maritime battery systems. Existing […] Read more ›
1
Paris-based Bioptimus, an AI-powered bioscience startup, announced on Tuesday that it has emerged from stealth following a seed funding round of $35M (approximately €32M). This funding round is led by Sofinnova Partners, with Bpifrance Large Venture and additional support from global funds based in France, including Cathay Innovation. Top global tech investors Headline, Hummingbird, NJF […] Read more ›
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Most popular sources
Business Insider
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32% 1 |
Tech Wire Asia
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13% |
The Verge
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7% 1 |
Wired
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6% 2 |
Gizmodo
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5% 2 |
| View sources » | |
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26.11.2024 15:33
Last update: 15:26 EDT.
News rating updated: 22:22.
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