Paris-based Pennylane, a financial management and accounting platform designed for startups/SMEs, announced that it has secured €40M in a Series C round of funding. With this round, the company has attained the ‘unicorn’ status. The latest funds will help Pennylane enhance its account-tech platform with a focus on artificial intelligence. The French company aims to […] Read more ›
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The GoWest event is a two-day venture capital forum that takes place annually in Gothenburg, Sweden. It serves as a platform for startups, scaleups, investors, and industry representatives to connect, network, and explore investment opportunities. The event is known for its focus on the pre-seed, seed, and series A stages of funding, making it an […] Read more ›
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Amsterdam-based Samen Slimmer AI, a venture alliance of Dutch Founders Fund (DFF), Keen Venture Partners, and Slimmer AI, announces its first venture, Qneiform. This Budapest, London, and Netherlands-based startup aims to revolutionise talent acquisition in finance and law sectors with its AI platform. Qneiform: Everything you need to know “Qneiform is the first talent platform […] Read more ›
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Zagreb-based Project 3 Mobility, a company specialised in urban autonomous mobility, announced on Tuesday, February 6, that it has closed its Series A investment round, bringing the total amount raised from private investors to c. €100M. TASARU Mobility Investments (TASARU), a company fully owned by the Public Investment Fund (PIF), invested in the Croatian company, […] Read more ›
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Delft-based CarbonX, a deep-tech startup, announced on February 7th that it has closed €10M in a fresh funding round co-led by Innovation Industries, InnovationQuarter, and Borski Fund. The Dutch company will use the funds to accelerate its commercial growth to the next level. The capital injection will also allow the TU Delft Spin-Off to optimise […] Read more ›
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The Supervisory Board of Just Eat Takeaway.com, an Amsterdam-based online food delivery marketplace, has announced the nomination of Mayte Oosterveld as Chief Financial Officer and member of its Management Board. Oosterveld will succeed Brent Wissink as Chief Financial Officer of Just Eat Takeaway.com, following Wissink’s announcement last year that he would step down at the […] Read more ›
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US-based General Atlantic, a global growth investor, has acquired the shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, a real estate classifieds site in the Netherlands. Funda BV has two shareholders, NVM Holding BV and Stichting Administratiekantoor funda. Following the deal’s completion, General Atlantic now holds 1,224,603 shares, equating to a 24 per […] Read more ›
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Utrecht-based Future Food Fund II (FFF II), an agrifoodtech environmental impact investor, closes its funding at €40M, backed by impact-driven entrepreneurs and the European Investment Fund (EIF). FFF II claims to have played a significant role in reshaping food and agriculture systems by investing in Seed & Serie-A companies in Western Europe. The fund focuses […] Read more ›
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Berlin-based DUDE CHEM, a green chemical manufacturing company, announced that it has closed a €6.5M seed round. The investment was co-led by Vorwerk Ventures and b2venture. The round also saw participation from investors, including Frontline, Borski Fund, Auxxo, and Push Ventures. Dr. Dominik Steinkühler, Partner at Vorwerk Ventures, says, “DUDE CHEM uniquely combines deep chemical […] Read more ›
1
Tallinn-based Tuum, the next-generation core banking provider, announced on Tuesday that it has raised €25M in a Series B round of funding led by CommerzVentures, with participation from Speedinvest alongside existing investors. The company will use the funds to accelerate its international presence, planning to expand its operation into new territories in the DACH region, […] Read more ›
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Barcelona-based ID Finance, a company that claims to be a leading fintech in Spain and Mexico, announced that it has secured $150M (approximately €139.59M) in debt funding. In November 2023, the company raised €12M in funding through a strategic deal with an undisclosed European bank. ID Finance’s deal with a listed bank was a first-of-its-kind […] Read more ›
2
Geneva-based GeNeuro, a biopharmaceutical company, announced on Friday, February 2nd, that it successfully raised €5M in capital through a combination of methods. It included a private placement, where 4,666,901 new ordinary bearer shares of GeNeuro were issued to specialised or strategic investors, with the cancellation of preferential subscription rights. Additionally, GeNeuro conducted a public offering […] Read more ›
2
Barcelona-based Heura Foods, a company that claims to be a leading player in the foodtech industry, announced that it has closed its €40M Series B funding round. This marks the largest plant-based funding round in 2023 for the company. This milestone positions Heura at the forefront of the plant-based movement, fueling its vision for a […] Read more ›
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Tallinn-based Starship Technologies, an autonomous delivery service company, announced on Tuesday that it has secured $90M (approximately €83.7M) in a funding round, co-led by Plural and Iconical. The new funding brings the total raised by Starship to $230M (approximately €214M) since its creation in 2014. The announcement comes a couple of years after raising €50M […] Read more ›
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London-based VC firm Episode 1 has closed a £76M (nearly €88.72M) early-stage fund, including a £20M (nearly €23.34M) cornerstone commitment from British Patient Capital and the National Security Strategic Investment Fund. This marks their third fund, empowering Episode 1 to support B2B software startups at pre-seed and seed stages, solidifying their position as a leading […] Read more ›
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Amsterdam, the Dutch capital, continues to remain the third major startup ecosystem in Europe, despite a difficult funding environment last year. If the year started on a tepid note, then it certainly ended at a peak with the best quarter of the year in terms of both the deals and the total amount invested. The […] Read more ›
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Amsterdam-based MotoShare, a motorcycle rental platform, announced that it has resumed its operations after filing for bankruptcy on December 21, 2023. From February 1, 2024, MotoShare has started its motorcycle rentals, ensuring a seamless continuation of services for motorcyclists using the familiar MotoShare platform. Daan van der Wal, CEO and founder, says, “In recent weeks, […] Read more ›
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Collaboration has become key to every startup’s success in the digital-first world. While collaboration is often defined as one between in-house teams, startups increasingly look at external partners to collaborate and build their products and teams through outsourcing. This collaborative nature of work can be prominently seen in product development and recruitment. As startups in […] Read more ›
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Copenhagen-based Neurescue, a medical device startup that claims to pioneer an improved treatment of cardiac arrest, has secured DKK 50M (approximately €6.7M) in a Series A round of funding. The investment was led by London-based West Hill Capital. West Hill Capital, with over £20B in advised transactions, specialises in capital raisings, IPOs, and M&A. The […] Read more ›
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On Monday, the UK government announced that it is investing a total of £45M (approximately €52M) in the UK’s quantum sector as part of its commitment to transforming into a quantum-enabled economy by 2033. Of the total investment, £30M (approximately €35M) will go to developing and delivering prototype quantum computers. These computers will provide scientists […] Read more ›
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Business Insider
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29% 2 |
Wired
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10% 6 |
The Verge
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7% 0 |
Tech Wire Asia
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7% 5 |
Gizmodo
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6% 0 |
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26.11.2024 23:33
Last update: 23:25 EDT.
News rating updated: 06:20.
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