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 ›
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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 ›
5
Oxford-based ISH Holding (ISH), has acquired Homerun, an Amsterdam-based recruitment platform. Homerun specialises in Software-as-a-Service (SaaS) Applicant Tracking System (ATS). Homerun’s CEO, Willem van Roosmalen says “Joining the ISH family is an exciting chapter for Homerun. The skills ISH brings to the table will unlock exciting new growth opportunities and accelerate the expansion plans of […] Read more ›
3
Leiden-based Vico Therapeutics, a Dutch genetic medicines company, secured €54M in a Series B funding round to support the development of therapies for severe neurological diseases. The round was led by Ackermans & van Haaren and included participation from existing co-leads Droia Ventures, EQT Life Sciences and Kurma Partners and existing investors Polaris Partners, Pureos […] Read more ›
2
Göteborg-based Volvo Car Corporation, a motor vehicle manufacturer, and the European Investment Bank (EIB) have entered into a €420M financing agreement to support Volvo’s commitment to becoming fully electric and carbon neutral. This move aligns with the European Union’s efforts for a green transition and aims to contribute to the global decarbonisation of road transport, […] Read more ›
2
Geelan, the Netherlands-based Matisse Pharmaceuticals, a clinical-stage company developing a medicinal product for sepsis, announced on Thursday, that it has secured €3.6M in a fresh funding round. The Dutch company received funding from Brightlands Venture Partners, private investment companies, informal investors, and the management team. The funding will allow Matisse to continue its preparation for […] Read more ›
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Last year saw more than 240,000 roles leaving the industry globally as many tech giants shaved their workforce throughout the year. And while the outlook seems uncertain for 2024 – a recent report revealed that only 20% of European tech companies will hire in the next six months – it’s not all doom and gloom. […] Read more ›
2
Dutch company Nuwa Pen, based in Groningen, has raised €1.5M in a fresh round of funding, with the investment coming from a US consumer goods company. This brings Nuwa Pen’s total seed funding for the previous year to €2.5M. The funds will support the final development phase of the Nuwa Pen, touted as the world’s […] Read more ›
14
California-based Intel Corp and global investment firm DigitalBridge Group announced that it has formed Articul8, an independent company offering enterprise customers a secure generative artificial intelligence (GenAI) platform. DigitalBridge Ventures, the venture arm of DigitalBridge, led the investment in Articul8. Intel and a syndicate of notable venture investors, including Fin Capital, Mindset Ventures, Communitas Capital, […] Read more ›
21
London-based Bumper, a fintech startup enabling flexible payments for car repairs, announced that it has completed the €46M Series B fundraising to accelerate its growth. The €46M Bumper raised in this round comprises €17.25M equity and €28.75M debt. With this round, the company has raised a total funding of €61M, to date. Investors supporting Bumper […] Read more ›
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Amsterdam-based BUX, a neo-brokerage platform, has recently faced a severe backlash from its token holders. The BUX Token, the platform’s cryptocurrency, has become untradeable since September 2023, leaving holders with worthless coins. As a result, Join BUX Together, a group led by Steven Deurloo, co-owner of ThoroFinance, seeks compensation for the loss and is considering […] Read more ›
9
Vilnius, Lithuania-based MELP (Medical services, Employee benefits, Lifestyle & Longevity, and Protection), a startup specialising in digital employee well-being management, announced on Wednesday that it has secured €635K in an early seed stage round of funding from Coinvest Capital. Additionally, business angels from Lithuania and the UK participated in the round. The startup will use […] Read more ›
5
For entrepreneurs, one of the biggest dilemmas is to choose between building everything themselves or buying technologies that help them in their journey. While building something from scratch is a common wisdom, Bulgarian entrepreneur Mario Peshev does not see the “buy vs build” consideration to be uncommon. A serial entrepreneur and e-commerce developer, Peshev prefers […] Read more ›
9
Helsinki-based RELEX Solutions, a supply chain and retail planning solutions provider has acquired Optimity, a Swedish company specialising in supply chain planning and optimisation. This acquisition enhances the RELEX platform by incorporating daily production planning, optimisation, and scheduling capabilities, strengthening its support for the entire consumer goods value chain. Transforming supply chain planning for companies […] Read more ›
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London and New York Robin AI, the AI-powered legal copilot, announced on Wednesday that it has secured $26M (approximately € 23.7M) in a Series B round of funding led by Temasek. Other investors, including QuantumLight, Plural, and AFG Partners, participated. The funding will allow Robin AI to expand its team in the US, where 75 […] Read more ›
2
London-based GIN E-Bikes, a company that claims to offer premium e-bikes at affordable prices, announced that it has secured £510K (approximately €588K) in a fresh round of funding from Ukrainian venture capital syndicate Toloka.vc. Toloka.vc is dedicated to fostering innovation and growth in startups. With a diverse portfolio, the firm aims to contribute to the […] Read more ›
1
Groningen-based Cookinglife, a cooking store that offers an extensive range of kitchenware, announced on Monday that it has sold its minority stake to investment company Veams. However, the Dutch company didn’t disclose the exact figures. In a statement to Emerce, Sebastian Bakker, founder of Cooklinglife says, “We want to grow in our range of high-quality […] Read more ›
3
Apollo Therapeutics, a biopharmaceutical company, has concluded its Series C financing with a second close, securing an additional $33.5M (approximately €30.52M) in December 2023. This brings the company’s total funds raised in 2023 to $260M (approximately €236.91M), supporting its mission to translate medical research into innovative medicines. Patient Square Capital led the round, with new […] Read more ›
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Most popular sources
Business Insider
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21% 11 |
Wired
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10% 5 |
The Verge
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8% 2 |
Android Authority
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7% 4 |
Tech Wire Asia
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7% 3 |
| View sources » | |
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27.11.2024 05:49
Last update: 05:40 EDT.
News rating updated: 12:41.
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