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
Espoo-based Desentum, a biopharmaceutical company, announced that it has raised €12M in a fresh funding round to continue the clinical development of the birch pollen allergy vaccine. The company’s lead product candidate, birch pollen hypoallergen DM-101PX, is currently being evaluated in a clinical study in Canada. DM-101PX is a potential medicine for treating birch pollen […] Read more ›
3
Oslo-based Looping, a company specialised in reusable transport packaging, announced that it has secured NOK 23M (approximately €2M) in a fresh funding round led by Norselab with participation from MP Pensjon, Marius Maske AS, as well as existing shareholders. Out of the total, Norselab contributed around NOK 8M (approximately €707K) in the round. With the […] Read more ›
21
Weesp, the Netherlands-based Tiny Library, a rental platform for baby and children’s equipment, announced that it has secured €1.4M in funding from impact investors ROM InWest, Rabobank, and Rabo Foundation. Existing investors, including Stichting ifund and Shamrock Ventures, also participated in the funding round. The Dutch company will use the funds to scale up the […] Read more ›
20
Amsterdam-based Sparqle, a sustainable delivery platform that believes last-mile delivery can be made more sustainable, has secured €1.2M in a fresh round of funding. Ruurd Tjeerdema, co-founder of Sparqle, mentions in a LinkedIn post, “This funding round confirms the trust in our team and vision of industry experts from Just Eat Takeaway, Deliveroo and Bloomon.” […] Read more ›
23
Berlin-based promiseQ, a SaaS startup developing an AI-based technology to reduce CCTV false alarms, announced that it has secured fresh funding in its seed round. The funding amount remains undisclosed. After securing a pre-seed round in 2022, promiseQ claims to have achieved another milestone with a seven-figure investment from existing business angels, including Valentin Schmitt […] Read more ›
16
Amsterdam-based Biller, a buy-now-pay-later startup for B2B payments, announced on Monday that it has rebranded itself as NOTYD. NOTYD (pronounced “noted”) refers to an invoice that is “noted” as a deferred payment via an online payment button. “The change of brand name contributes to a renewed focus in which increasing accessibility for users and creating […] Read more ›
2
Amsterdam-based SpendLab, an AI-driven accounts payable auditing platform, has announced a partnership with New York’s Story Capital through a strategic majority investment. This collaboration will help SpendLab propel its efforts to revolutionise accounts payable management for global enterprises and the public sector using its “market-leading” technology solutions. Capital utilisation Story Capital’s strategic investment, known for […] Read more ›
63
Madrid-based WIVI Vision, a health tech startup, announced on Monday that it has raised €4M in a mix of equity and debt in a Series A round of funding led by Adara Ventures. Other investors, including Hearstlab, Avançsa, Caixabank DayOne, BBVA Spark, Banco Santander, as well as current partners such as Peak Thomas (Pedro Tortosa) […] Read more ›
26
Hamburg-based Flower Labs secures $20M (approximately €18.56M) in a Series A round of funding to boost the widespread adoption of federated and decentralised AI. The company’s approach challenges traditional GPU-centric methods, offering flexibility with training data and reduced dependence on GPUs. With open-source communities for distributed AI training, Flower Labs aims to align with upcoming […] Read more ›
21
Amsterdam-based Mollie, a payment service provider, announced on Monday that it has launched Mollie Capital to provide UK merchants with fast and flexible financing. The announcement comes three months after obtaining a payment institution licence from the UK’s Financial Conduct Authority in November 2023, after initially launching in the UK in early 2021 under the […] Read more ›
24
Vilnius-based Walk15, a sustainable mobility startup, announced on Thursday, February 15, that it has secured €1M in a fresh funding round, marking the second investment within three months. Coinvest Capital, a venture capital fund, led the investment alongside the “8NGLS” syndicate, comprising 32 angels spearheaded by Justinas Pašys, CEO of “PVcase.” The Lithuanian company will […] Read more ›
3
Rennes-based Agriloops, a sustainable aquaculture company, announced that it has secured €13M in funding along with debt and grants. A crowdfunding campaign on the Sowefund platform contributed to the completion of the funding round. This funding empowers the company to commence the construction of its flagship commercial demonstrator, Mangrove #1. Spanning over 1 hectare in […] Read more ›
27
Munich-based Silencio Network, a startup developing a network of decentralized sensors combating noise pollution, announced on Friday that it has secured $1M (approximately €928K) in a pre-seed round of funding led by Borderless Capital. Other investors, including Moonrock Capital, Master Ventures, and others, participated in the funding round. Silencio will use the capital to accelerate […] Read more ›
2
OpenAI, the developer of ChatGPT, has silently unveiled Sora, a text-to-video model. Sora can create videos of up to 60 seconds featuring highly detailed scenes, complex camera motion, and multiple characters with vibrant emotions. OpenAI stated that Sora is still undergoing red-teaming to ensure it doesn’t generate inappropriate or harmful content. Additionally, the company has […] Read more ›
6
Luxembourg-based Full Speed Ventures, an investment management company that claims to support bold tech entrepreneurs, announced the launch of its second, €50M technology fund, via a LinkedIn post. The firm says, “With this second fund, we target early-stage companies with initial revenues, ready to conquer their sectors. If you’re seeking investors who are deeply involved […] Read more ›
41
Delft-based AgriData Innovations, a developer of AI-powered crop monitoring technology for greenhouses, announced on Thursday, February 15 that it has secured undisclosed funding from its existing investors. With this new investment, the Dutch company plans to scale up operations, accelerate market expansion, and further develop its camera systems and computer vision software. “This investment fuels […] Read more ›
3
London-based Signal AI, a company that aims to revolutionise reputation and risk intelligence, announced that it has acquired Social 360. Founded in 2013 by David Benigson, Social 360 is a London-based company that specialises in reputation and risk management-focused online monitoring and analysis. The company caters to clients in the US, EMEA, and APAC, delivering […] Read more ›
8
Rotterdam-based Ciloo, a B2B SaaS company, announced on Thursday that it has secured its first funding led by Alliance VC. However, the company didn’t disclose the exact funding figures. The Dutch/Norwegian company will use the funds to fuel its mission to transform internal eCommerce for global enterprises. “Securing funding marks a significant milestone for Ciloo. […] Read more ›
2
Italy-based Daze, a provider of EV charging solutions, announced that it has raised €15M in a Series A round of funding to fuel its business expansion and accelerate the energy transition. In addition to the €15M raised, Daze plans to foster engagement with its existing supporters through an equity crowdfunding campaign. This campaign, hosted on […] Read more ›
18
Veenendaal, the Netherlands-based Phycom, a microalgae ingredient producer, announced on Thursday that it has secured €1.75M in a fresh funding round from ROM Utrecht Region, along with a private investor. The announcement comes five months after raising €9M from Corbion, Phase2.earth, Invest-NL, and Invest International last September. With the latest funding, Phycom has raised a […] Read more ›
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26.11.2024 15:28
Last update: 15:23 EDT.
News rating updated: 22:22.
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