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
Eindhoven-based tibo energy, a company that manages network congestion, saves energy costs and reduces emissions with smart grid management, has secured €3M in a seed round of funding, to expand its team and venture into international markets. The investment was led by Amsterdam-based SET Ventures, with contributions from Speedinvest and tibo energy’s founding team members. […] Read more ›
0
Amsterdam’s Dott and Berlin’s TIER Mobility are joining forces to form Europe’s leading micro-mobility operator. Under the preliminary agreement, the joint entity will operate as TIER and Dott, combining their expertise to provide shared mobility services to European riders and cities. The deal will be backed by a mix of existing shareholders from both TIER […] Read more ›
1
Amsterdam-based Adyen, a fintech unicorn company, announced that Chief Technology Officer (CTO) Alexander Matthey won’t seek reappointment at the upcoming Annual General Meeting. Matthey’s term ends on December 31, 2024, concluding a decade of contributions to Adyen. The company plans to conduct a thorough search, considering both internal and external candidates, to find a suitable […] Read more ›
8
Brussels-based Syndicate One, the prominent angel investment group, announced on Wednesday that it has completed an initial €4.8M close of its debut fund. A second funding round is planned for 2024, but this initial investment will allow Syndicate One to invest in ambitious early-stage startups in Belgium immediately. Over 70 investors, including entrepreneurs, families, and […] Read more ›
18
In the dynamic landscape of startups and scale-ups, Public Relations (PR) has emerged as a force to reckon with when it comes to shaping the success trajectory of the organisation. Gone are the days when PR was perceived merely as a tool for crisis management or media relations. From crafting compelling narratives that set startups […] Read more ›
28
Espoo-based Enifer, a biotech startup, announced that it has secured over €12M in grants from Business Finland for its PEKILO mycoprotein factory. The funding, from the EU’s NextGenerationEU instrument, aims to build first-of-its-kind industrial facilities for recycling and reusing by-products, aligning with the circular economy action plan and Sustainable Growth Programme for Finland. A new […] Read more ›
2
Amsterdam-based Picnic, an online supermarket, has secured €355M in a fresh round of funding from its shareholders, including German supermarket chain Edeka, the Bill & Melinda Gates Foundation Trust, and well-known Dutch family businesses. The company will use the funds to execute its strategic plans and expand its market position. Additionally, the company plans to […] Read more ›
27
The European Commission, on Tuesday, January 8, announced that it has approved a €902M German measure to support Northvolt, a Swedish battery manufacturer, in the construction of a plant for the production of batteries for electric vehicles. This move aligns with the Green Deal Industrial Plan and aims to promote the transition towards a net-zero […] Read more ›
12
Slovakia-based Luigi’s Box, an AI-driven e-commerce platform, has acquired Prague-based Persoo, to solidify its position in search optimisation in the Czech and Slovak markets. Gejza Nagy, co-founder and CEO of Luigi’s Box says, “This opportunity has come at the right time in the evolution of Luigi’s Box. We’ve been working with Persoo on the acquisition […] Read more ›
0
Tallinn-based Scorestars, a basketball fan engagement platform, announced that it has secured €725K in a Seed round of funding. The investment was led by Trind VC, Startup Wise Guys, 3 Comma Capital, and Estonian angel investors. Scorestars will use the funds for marketing campaigns and talent acquisition as the Estonian company aims to be the […] Read more ›
8
Inarzo, Italy-based SQIM (previously Mogu Srl), a company specialised in EU/ITA material innovation, announced on Monday that it has secured €11M in a Series A round of funding led by CDP Venture Capital. Other investors including, European Circular Bioeconomy Fund (ECBF VC), Kering Ventures, and Progress Tech Transfer, participated in the funding round. The recent […] Read more ›
2
Eindhoven-based tibo energy, a company that manages network congestion, saves energy costs and reduces emissions with smart grid management, has secured €3M in a seed round of funding, to expand its team and venture into international markets. The investment was led by Amsterdam-based SET Ventures, with contributions from Speedinvest and tibo energy’s founding team members. […] Read more ›
0
Slovakia-based Luigi’s Box, an AI-driven e-commerce platform, has acquired Prague-based Persoo, to solidify its position in search optimisation in the Czech and Slovak markets. Gejza Nagy, co-founder and CEO of Luigi’s Box says, “This opportunity has come at the right time in the evolution of Luigi’s Box. We’ve been working with Persoo on the acquisition […] Read more ›
2
Tbilisi, Georgia-based Wempler, the marketplace for task delegation, announced on Tuesday that it has raised $330K (approximately €301K) in a pre-seed round of funding led by Presto Ventures with participation from angel investors. The latest injection of capital will enable Wempler to fund product development, expand its market reach, and penetrate the Georgian market while […] Read more ›
66
Munich-based einwert, a real-estate and proptech company, announced on Tuesday that it has secured over €4M in a seed round of funding led by Ventech, a pan-European early-stage VC. With this funding round, Ventech joins the existing group of investors consisting of 468 Capital, Wecken & Cie, Auxxo Female Catalyst Fund, and infinitas capital, as […] Read more ›
1
Leiden-based Whispp, a Dutch AI startup, has raised €750K in a seed round of funding led by Eindhoven’s LUMO Labs, with additional funds from Leiden University holding Libertatis Ergo Holding BV (LEH) and other angel investors. LEH is a seed investment fund wholly owned by Leiden University, that targets early-stage, high-impact startups, primarily in Life […] Read more ›
3
Delft-based Quantum Delta NL, the Netherlands’ national ecosystem for excellence in quantum innovation, in collaboration with NWO, announced on December that 19 Honorees have been awarded €10.4M in grants as part of the second call of the National programme’s Actionline 1 ‘Research & Innovation.’ Of the nineteen projects awarded, two are from such young researchers. […] Read more ›
3
Holiferm Limited, a spin-out from the University of Manchester that manufactures sustainable biosurfactants, announced on December 6 (Wednesday), that it has closed £18.5M (approximately €21.4M) in a Series B round of funding from Rhapsody Venture Partners and Clean Growth Fund. The latest capital injection will help Holiferm to scale up its commercial plant. Holiferm’s Wallasey […] Read more ›
1
Amsterdam-based Calypso Biotech, a biopharmaceuticals company that discovers and develops novel therapies for autoimmune diseases, announced on Monday that it has agreed to be acquired by Novartis, a Swiss medical company. Upon completion of the acquisition, Calypso shareholders will receive $250M (approximately €228M) at closing and up to $175M (approximately €160M) based on achieving predetermined […] Read more ›
18
Riga, Latvia-based Aerones, a provider of robot-enabled wind turbine maintenance and inspections service, announced that it has secured €4,416,000 grant from the EU’s Innovation Fund. The company will use the funds to produce and deploy the world’s first wind turbine blade leading edge repair robot sets. Aerones says the total budget of the project is […] Read more ›
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Most popular sources
Business Insider
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31% 4 |
Wired
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10% 7 |
Tech Wire Asia
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7% 5 |
The Verge
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6% 1 |
Gizmodo
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6% 0 |
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27.11.2024 01:33
Last update: 01:21 EDT.
News rating updated: 08:21.
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