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 ›
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Rijswijk-based Helin, a Dutch industrial edge intelligence platform, has secured €3M in a Seed round of funding. The funds will help fuel the growth of the startup’s commercial and development teams and expand its Industrial Edge Intelligence SaaS platform. Joost Lasschuit, CEO and co-founder of Helin says, “With this new investment and a clear vision, […] Read more ›
3
North America-based Bird, a micromobiity operator, announced on Wednesday, December 20, it has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Florida. The company confirmed its “entry into a financial restructuring process aimed at strengthening its balance sheet and better positioning it for long-term, sustainable growth.” During […] Read more ›
18
Copenhagen-based Podimo, a podcast and audiobook subscription service provider, has secured €44M in a fresh round of funding. The investment came from The Danish Export and Investment Fund (EIFO), HighlandX, and Augustinus Fabrikker. Morten Strunge, CEO of Podimo says, “This investment allows Podimo to continue our strong growth trajectory while orienting the company towards profitability. […] Read more ›
24
SolarDuck, a Dutch-Norwegian cleantech company, announced that it has secured €15M in additional funding to advance its Offshore Floating Solar power technology. The funds will be used to execute SolarDuck’s first commercial projects and work towards its target of deploying over 1 gigawatt of offshore-generated solar electricity by 2030. Investors supporting SolarDuck The investment comes […] Read more ›
3
Eindhoven-based LUMO Labs, the Dutch fund manager behind impact-driven investment funds in emerging technologies, announced on Thursday the addition of Dagmar van Ravenswaay Claasen and Sabine Schoorl as Senior Partners for the upcoming LUMO Rise Fund. LUMO Labs strengthens its partner team with two experienced female investors in digital security, compliance, impact methodologies, diversity, and […] Read more ›
2
Delft-based Orbital Eye, a company that offers monitoring & inspection services, announced that it has secured €2M in a fresh round of funding. The round was led by S[&]T Ventures. The collaboration also involves support from the Netherlands Enterprise Agency (RVO) and the Ministerie van Economische Zaken en Klimaat, through the InnovatieKrediet instrument. Capital utilisation […] Read more ›
2
Limburg, the Netherlands-based Ansana, a company specialised in sterilisation technology for the healthcare & pharmaceutical industry, announced on Wednesday that it has secured €850K from investors like NLC Health Ventures, LIOF, and Rabobank. The Dutch company will use the funds to develop alpha-prototypes, forge initial hospital collaborations, obtain ISO 13485 certification, progress EU and US […] Read more ›
2
The Dutch Senate, on Tuesday, December 19th, agreed to a motion proposed by VVD, D66, BBB, 50Plus, JA21, and CDA to urge the Cabinet to revisit the decision to scale down the 30 per cent rule. This decision is in response to concerns about the negative impact of the cutback on attracting international talent. It […] Read more ›
9
Delft-based OASYS NOW, a company that offers patient-centric Clinical Trial technology solutions and healthcare data management, has secured fresh funding (undisclosed) from Amsterdam’s VC firm ASIF Ventures. ASIF Ventures aims to empower student and recent graduate-founded startups in the Amsterdam Metropolitan Area. With funding ranging from €25K to €100K, ASIF bridges the gap between student […] Read more ›
2
In the vibrant city of Amsterdam, where history and innovation converge, a new generation of powerhouse entrepreneurs has emerged, poised to make waves in 2024. The city, known for its rich culture, tulips, and canals, is experiencing a rapid transition as a breeding ground for startups and cutting-edge enterprises globally. The entrepreneurs here are not […] Read more ›
2
Maastricht-based Corporis Medical, a startup that focuses on developing and commercialising medical devices for minimally invasive surgery, announced that it has closed €4M in a Series B round of funding. The Dutch medtech startup completes the all-equity financing round, including the conversion of existing convertible loans. Texas-based VC firm Unorthodox Ventures led the round and […] Read more ›
23
Amsterdam-based bunq, the second largest neobank in Europe, announced on Tuesday, December 19, that it has launched Finn, a GenAI platform at bunq Update 24 in DeLaMar Theater in Amsterdam. Powered by LLMs, Finn enables bunq users to plan their finances, better budget, navigate the app, easily find transactions, and much more. “Finn will wow […] Read more ›
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The perception of Artificial intelligence (AI) has become diverse and opinions about it vary widely. With mixed sentiments acknowledging both the advantages and challenges posed by AI, there is a growing focus on striking a balance for responsible developments. AI, with capabilities spanning learning, reasoning, and problem-solving, has made a lasting impact across global sectors. […] Read more ›
2
Dutch Pieter Pot, the sustainable packaging company, has recently faced a setback with the declaration of bankruptcy. However, the team behind the company does not seem to be giving up on their mission. All thanks to the support of dedicated crowdfunders, Pieter Pot has a real chance of making a comeback. “We have made this […] Read more ›
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London-based Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform, announced on Tuesday that it has raised $7M (approximately €6.4M) in a Seed extension round. Participants in the round include first-time investments from Kraken Ventures, Fabric Ventures, Arca, Inovo.vc, and Pretiosum Ventures as well as existing investors Speedinvest, Credo Ventures, and Seedcamp. This investment will allow Fiat […] Read more ›
4
Adobe and Figma, on Monday, December 18, announced that they have mutually agreed to terminate their merger agreement following the mounting pressure from regulators in the UK and EU The merger was originally announced on September 15, 2022, and would have seen Adobe acquiring Figma for $20B (mix of cash and stock). Figma is a […] Read more ›
5
Munich-based Blickfeld, a LiDAR solutions manufacturer, announced that it has secured €7.5M in an initial growth round of funding. The investment, led by private equity firm New Future Capital and UVC Partners, includes participation from existing investors such as Bayern Kapital, Continental, Fluxunit (ams OSRAM Ventures), High-Tech Gründerfonds, and Tengelmann Ventures. Andreas Unseld, General Partner […] Read more ›
24
With this rebranding, Siilo can leverage Doctolib’s innovation and leadership. Read more ›
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International Business Machines Corp. (IBM) to acquire StreamSets and webMethods, the Super iPaaS (integration platform-as-a-service) enterprise technology platforms from Software AG, a company majority-owned by Silver Lake. The deal, expected to be completed in the second quarter of 2024, is valued at €2.13B cash. IBM mentions in a statement that, StreamSets and webMethods complement its […] Read more ›
2
Dublin and Munich-based LUMA Vision, a developer of a novel four-dimensional (4D) cardiac imaging and navigation platform, announced on Monday that it has secured $22M (approximately €20M) in a Series A3 funding round led by existing investors EQT Lifesciences, ABV Uni Fund, and imec.xpand. The latest round also added three new investors comprising an undisclosed […] Read more ›
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Most popular sources
Business Insider
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30% 4 |
Wired
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9% 6 |
The Verge
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8% 0 |
Tech Wire Asia
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6% 5 |
Gizmodo
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6% 0 |
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27.11.2024 03:45
Last update: 03:41 EDT.
News rating updated: 10:40.
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