Vienna-based venture capital firm Speedinvest has closed its fourth flagship fund, Speedinvest 4 (Si4), at €350M, an additional €50M above target. The final close for this fund brings the total assets to over €600M. Speedinvest closed the first round for Speedinvest 4 at €300M in December 2022. In the same year, an extra €250M was […] Read more ›
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Switzerland-based QUMEA, a digital health firm specialising in intelligent early warning systems for healthcare providers, secures CHF 9M (approximately €9.64M) in a Series A round of funding. The investment came from Zürcher Kantonalbank, PB Invest, two family offices, and a growth loan from UBS. Furthermore, all existing investors also participated in this oversubscribed Series A […] Read more ›
1
UK-based Evaro, a digital health startup that offers AI-powered clinical and drug prescription services for minor conditions, announced that it has secured $1.5M (approximately €1.38M) in a seed round of funding. The investment was led by Cornerstone VC and Exceptional Ventures, with participation from Catalisi’s investment arm, Syndicate Room and the University of East Anglia. […] Read more ›
0
The Netherlands has become a major European startup hub, driven by a competitive talent pool and a thriving tech sector. In 2023, the Dutch startup investment landscape witnessed significant growth. According to the Quarterly Startup Report, the number of investments reached their peak in Q4, 2023. Despite a 27 per cent decrease compared to the […] Read more ›
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ABN AMRO has secured €250M in funding from the European Investment Bank (EIB) to provide loans and leases to Dutch businesses. Based in Amsterdam, ABN AMRO is a Northwest European bank for retail, corporate, and private banking clients. In collaboration with the EIB, ABN AMRO will contribute an additional €250M, resulting in a total of […] Read more ›
2
In an unprecedented move, Robert Vis, the founder of Amsterdam’s unicorn MessageBird, announced via LinkedIn that he is seeking $0- $5M revenue companies with Electronic Money Institution (EMI) and/or Payment Institution (PI) licenses to be acquired. The founder calls this a “once in a lifetime” opportunity. This strategic move suggests MessageBird’s interest in expanding its […] Read more ›
2
Berlin-based food delivery platform Delivery Hero SE announced that it is exiting its stake in the UK’s food delivery group Deliveroo, emphasising a “commitment to disciplined capital allocation”. According to Delivery Hero, it has placed approximately 68 million shares in Deliveroo for £1.13 per share. As of Tuesday’s LSE closing bell, Deliveroo was trading at […] Read more ›
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Amsterdam-based bunq, the second largest neobank in Europe, announced that in 2023, it achieved a net profit of €53.1M, showcasing the success of its sustainable business model. The company plans to use these record profits to fuel its global expansion strategy. bunq is expanding its reach beyond the European Union by applying for an E-Money […] Read more ›
5
Slush, the startup event drawing over 13,000 attendees to Helsinki, appoints Aino Bergius as its new CEO, taking over from Eerika Savolainen following a two-year term. In her role, Bergius will lead an organisation of 1,600 volunteers and 50 full-time team members. What is Aino Bergius’ role at Slush? With a decade-long journey at Slush, […] Read more ›
2
Zurich-based CarbonPool, set to be the world’s first insurance company with a carbon credit balance sheet, has closed a CHF 10.5M (approximately €11.24M) in a seed round of funding. The funding round was jointly led by Heartcore Capital and Vorwerk Ventures. Participants also included HCS Capital, Revent Ventures, and notable figures such as former Allianz […] Read more ›
1
Netherlands-based Paques Biomaterials, a company that developed its technology for producing PHA polymers using circular feedstocks for over 10 years, announced that it has secured €14M in a fresh round of funding. Paques Biomaterials’ investment was led by Invest-NL and NOM. Emma den Held, investment manager at Invest-NL, says, “Our investment in this promising alternative […] Read more ›
12
Berlin-based akirolabs, a SaaS platform for collaborative strategic procurement, announced that it has raised $5M (approximately €4.61M) in a seed round of funding. The funds will be directed towards advancing akirolabs’ SaaS product, strengthening its AI capabilities, and facilitating the expansion of customer growth and overall business operations. Investors supporting akirolabs The investment was led […] Read more ›
1
Austria-based eFriends, an energy company, announces after just over three years that it has completed the second round of funding. The funding amount was undisclosed. The funds will help eFriends further develop the open energy-sharing platform and position it in the longer term. The investment was led by Wienerberger and VERBUND X Ventures, with venture […] Read more ›
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London-based Fasanara, an FCA-authorised investment firm and technology platform, has acquired a majority stake in California’s Pollen VC. Pollen VC, specialising in revolving credit facilities for mobile app and game developers, supports scaling without traditional VC funding. Aim of the acquisition Following Fasanara’s majority stake acquisition, Pollen VC will function independently within the Fasanara Group, […] Read more ›
27
Puławy-based eGabinet, a company that offers software for managing medical facilities, announced that it has secured PLN 2.4M (approximately €548K) in an additional funding round from business angels. The company’s customer base has doubled in the last year, and the raised capital will be used to enhance platform functionality and offer tailored solutions for doctors, […] Read more ›
1
Hamburg-based Infinite Roots, a biotech company using fermentation and fungi to create the next generation of sustainable foods, announced that it has secured $58M (nearly €53.25M) in a Series B round of funding. This round for Infinite Roots represents the largest investment in mycelium technologies in Europe. The oversubscribed investment was led by Dr Hans […] Read more ›
0
Amsterdam-based Send AI, a startup that builds software to teach AI models to process documents and emails, has secured €2.2M in a pre-seed round of funding. The investment was led by Google’s AI fund, Gradient Ventures, and Dutch VC firm, Keen Venture Partners. The round also saw participation from former and current executives of UiPath, […] Read more ›
1
London-based OpenDialog, a conversational AI platform for insurance, healthcare, and other regulated industries, announced that it has secured $8M (nearly €7.34M) in a Series A round of funding. The UK-based startup has now raised a total funding of $13M (nearly €11.93M). OpenDialog’s latest investment was led by AlbionVC and supported by Dowgate Capital and various […] Read more ›
3
Every company on the planet right now wants to be sustainable but it isn’t easy. Anastasia Kuskova knows this better than most. While leading sustainability at a $10B metal company, she constantly fought with the complexities of managing sustainability in a sector that is at the beginning of hundreds and thousands of supply chains. “Sustainability […] Read more ›
1
Berlin-based Mondu, a B2B payments company, announced that it has secured an additional €30M in debt financing from German bank Vereinigte Volksbank Raiffeisenbank (VVRB). This funding adds to the €20M secured in October 2022, bringing Mondu’s total funds to €50M. Mondu, since its launch in October 2021, has raised a total funding of over €115M. […] Read more ›
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27.11.2024 01:53
Last update: 01:40 EDT.
News rating updated: 08:41.
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