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
Netherlands-based Tidal Control, a compliance automation platform for startups, scale-ups and other SMBs, announced that it has secured €500K in a pre-seed round of funding to advance Europe’s first platform automating compliance activities. The investment was led by Brabantse Ontwikkelings Maatschappij and Rabobank, with participation from Starterslift and Bossche Investerings Maatschappij’s data and ICT startersfund. […] Read more ›
5
Amsterdam and London-based Naq, an automated compliance platform, announced that it has secured €3M in a fresh round of funding. The startup aims to revolutionise healthcare and medical compliance across the UK and the EU. Prior to this, the startup secured €1.4M in a pre-seed round to revolutionise compliance and supply chain security across the […] Read more ›
7
Berlin-based deeploi, creators of an all-in-one IT management platform for SMEs, announced that it has secured $6.5M (approximately €5.97M) in a Seed round of funding. European VC Atomico led the round, and existing investor Cherry Ventures also participated. With this deal, Atomico partner Andreas Helbig joins deeploi’s board. Atomico Partner Andreas Helbig says, “Simple and […] Read more ›
0
Limburg-based Verdify, a foodtech company, announced that it has secured €2.4M in a fresh round of funding from existing and new investors, including Goeie Grutten Impact Fund, Oost NL, Koppert Cress, and De Smaakmaker. The Dutch company will use the funds to support scaling its personalised nutrition innovation for human and planetary health. Gijs Engelen, […] Read more ›
2
The Hague-based Spotr.ai, a Dutch company that uses image recognition and Artificial Intelligence (AI) to gather and maintain asset management data, announced that it has secured €4.5M in a fresh round of funding. The investment came from EDF Pulse Ventures, Volta Ventures, and InnovationQuarter. Julien Villeret, Chief Innovation Officer at EDF group says, “Decarbonising housing, […] Read more ›
25
Ludwigsburg-based Instagrid, a provider of high-performance portable battery systems, announced that it has secured $95M (nearly €87.43M) in a Series C round of funding. To date, the startup has raised over $145M (nearly €133.45M). Investors supporting Instagrid The investment was led by Teachers’ Venture Growth (TVG) from the Ontario Teachers’ Pension Plan, along with participation […] Read more ›
34
Stockholm-based H2 Green Steel, a company that aims to decarbonise the steel industry using green hydrogen, secures over €4.7B in funding to advance its plans for the world’s first large-scale green steel plant in Boden, Sweden. The total funding for the plant amounts to €6.5B. H2 Green Steel’s Boden plant will use renewable electricity-produced hydrogen, […] Read more ›
2
Netherlands-based Protix, an insect farming startup working towards bringing the food system back in balance with nature, announced that it has secured €37M in loan from the European Investment Bank (EIB). The agreement aligns with InvestEU’s Sustainable Bioeconomy and Circular Economy goal, aiming to stimulate over €372B in additional EU investment from 2021-2027. Teresa Czerwińska, […] Read more ›
20
Berlin-based Morressier, the virtual conference and publishing platform for the scientific community, announced that it has secured $16.5M (approximately €15.12M) in a Series B round of funding. The investment was led by Molten Ventures, with participation from existing investors, including Redalpine, Owl Ventures, and Cherry Ventures. Christoph Hornung, partner at Molten Ventures, says, “There is […] Read more ›
3
Utrecht-based Eddy Grid, an energy storage startup, secures €1.5M to combat grid congestion, with Amsterdam-based VC and accelerator Rockstart joining the funding. Eddy Grid, part of Rockstart Energy’s portfolio, will enter the Rockstart Energy accelerator programme in February 2024. The current funding round was led by the Graduate Entrepreneur fund, Herberth Samsom, and backed by […] Read more ›
4
London-based Opinov8, a provider of custom software development and cloud and data services, reveals a leadership shift at Moqod B.V., a Dutch software development firm it acquired seven months ago. Following the acquisition, Moqod’s founder and CEO, Slava Todavchich, departs in a mutually agreed decision, reflecting the organic progression of leadership roles within Moqod. In […] Read more ›
9
ElevenLabs, a voice AI research & deployment company, announced that it has raised $80M (nearly €73.46M) in a Series B round of funding. With this round, the company has earned the status of a unicorn with a $1.1B (nearly €1.01B) valuation, as reported by Bloomberg. The Series B investment was co-led by Andreessen Horowitz, Nat […] Read more ›
3
Czech-born Better Stack, a startup that helps developers with observability solutions with collaboration tools, has secured an additional $10M (nearly €9.17M) in funding from European early-stage investor KAYA, a previous supporter of the company. Notable angel investors, including Aaron Levie (Box CEO) and Kulpreet Singh (ex-UiPath), are joining the funding round. Better Stack, backed by […] Read more ›
27
Ghent-based OutKept, a cybersecurity company, has secured €500K in a Seed round of funding led by Presto Ventures and Business angels (BAN Flanders). OutKept helps organisations prevent phishing with an open community of ethical phishers. Eduard Kucera, Partner at Presto Ventures says, “OutKept’s strategy of crowdsourcing potential phishing emails and educating their clients’ employees aligns […] Read more ›
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The Dutch government, on Thursday, January 18, took a significant step forward in artificial intelligence (AI) by presenting its vision of generative AI. This vision acknowledges the urgent need to address the opportunities and challenges posed by this disruptive yet promising technology. The vision ties in with a series of investments of millions of euros […] Read more ›
2
Newcastle-based Circadacare, an independent living tech company, secures £1.3M (approximately €1.51M) in a fresh round of funding. Circadacare integrates circadian light tech with a “unique” monitoring platform, enhancing wellness and supporting independent living. The funds will help the company drive development and expansion, focusing on product research, team growth, and market opportunities. Investors supporting Circadacare […] Read more ›
1
In the ever-evolving landscape of urban development and societal progress, circularity has emerged as a critical force for sustainability and resource optimisation. At the core, circular economies prioritise the reduction of waste, the promotion of recycling, and the cultivation of regenerative practices in consumption patterns. As cities worldwide grapple with various environmental challenges, circularity offers […] Read more ›
14
The startup investment landscape in 2023 witnessed remarkable growth and resilience despite the challenges posed by the global economic downturn. According to the Quarterly Startup Report, a collaborative effort by Dealroom.co, Golden Egg Check, KPMG, the Dutch Association of Participation Companies (NVP), the Dutch Startup Association (DSA), and Techleap.nl, the number of deals and total […] Read more ›
2
Eindhoven-based EIT InnoEnergy, an innovation engine for sustainable energy across Europe, and Paris-based Demeter Investment Managers have teamed up to launch a fund focused on building a robust and diverse battery raw material supply chain for Europe. The fund, targeting €500M, extends the European Battery Alliance’s efforts to strengthen the European battery industry. The ‘EBA […] Read more ›
5
Heerenveen-based Sabiad, a Dutch startup that offers solutions in the field of infection imaging, secures fresh funding from Pharma Connect Capital (PCC) for its project in collaboration with the University Medical Center Groningen. The amount has not been disclosed. The project focuses on developing an antibody for detecting and imaging Staphylococcus aureus infections, particularly challenging […] Read more ›
2
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26.11.2024 21:30
Last update: 21:21 EDT.
News rating updated: 04:20.
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