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
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 ›
6
Are you a startup CEO or an aspiring entrepreneur looking for an event that can take your venture to the next level? Meet Startups World – an international conference that focuses on gathering fast-growing companies that will change the world. The event is an opportunity to connect with leaders, gain insights, and forge partnerships with […] Read more ›
17
Norway-based BRUDELI, an electric transmission technology firm, has raised NOK 15.3M (approximately €1.34M) in a fresh round of funding. The funds will help the Norwegian company to support the launch of its inaugural Powerhybrid heavy-duty vehicle and advance efforts to develop the hybrid commercial vehicles market. Investors supporting BRUDELI The round was led by Hexagon […] Read more ›
9
Amsterdam-based Hivello, a startup specialised in decentralised physical infrastructure networks (DePIN), announced on Thursday, December 14 that it has closed $1M (approximately €913K) funding in a pre-seed investment round. The funding round was backed by NGC, Blockchain Founders Fund, Side Door Ventures, IDG, Bing Ventures, MEXC Exchange, XT.com Exchange, Genesis Block, and NxGen. The company […] Read more ›
3
Vienna-based HYDROGRID, a SaaS scale-up, announced on Friday that it has secured $8.5M (approximately €7.7M) in a Series A round of funding led by new shareholders Inven Capital and Karma Ventures with contributions from existing investors CNB Capital and SET Ventures. This investment will help the Austrian scale-up expand into new markets and transition to […] Read more ›
15
Amsterdam-based Soft Revolt, a lingerie brand, has secured over €1M in a fresh round of funding, partly through an investment from the Borski Fund. The funds will help enhance the sustainability of the brand’s bras, expand the team, and provide more women with comfort and support. Funding overview The Borski Fund, dedicated to supporting female […] Read more ›
2
Dutch startup Pieter Pot has officially declared bankruptcy, following the Rotterdam court’s decision on Thursday, December 14. The announcement came after the court declined to grant Pieter Pot an additional week for an alternative rescue and financing plan, leaving Jouri Schoemaker (founder) in the dark about the precise reasons behind the decision. “We had to […] Read more ›
2
Amsterdam-based Nedscaper, a company that claims to be a leader in modern security operations, announced that Menno van der Marel, founder of Fox IT, has joined the cybersecurity scale-up as Chief Strategy Officer. Additionally, Van der Marel is injecting €2.2M in investment to fuel the company’s continued growth. Leveraging his expertise, Van der Marel aims […] Read more ›
2
Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, announced on Wednesday, December 13 that it has secured debt capital from BNP Paribas, Deutsche Bank, and LBBW. As an initial step, the three banks will provide a total of €52.5M. However, the German company plans to expand this financing […] Read more ›
9
Paris-based Partech, a global technology venture capital firm, has launched a new €360M fund called Partech Venture to support mission-critical software, data, and fintech experts in Europe. The fund continues the focus of its predecessor, Partech International Ventures VII, by investing in companies driving digital transformation for both Enterprises and SMBs. Partech has also revealed […] Read more ›
1
Tallinn-based Arbonics, a climate tech startup, announced on Friday that it has secured €5.5M in a Seed round of funding from NordicNinja, Plural, and Tilia Impact Ventures. The latest funding round takes the total raised by the Estonian company to €7.3M. The latest investment will allow Arbonics to expand its product portfolio, grow its team, […] Read more ›
38
London-based Qogita, a platform simplifying wholesale procurement like Amazon, has emerged from stealth and secured €80M in a Series B round of funding. The startup claims to be a one-stop shop for streamlining product procurement without the necessity of negotiating with suppliers or managing complex supply chain processes. This funding will support Qogita’s product development […] Read more ›
9
Amsterdam-based Yoni, a femcare brand that specialises in the production of organic cotton tampons, liners, and pads, announced on Wednesday, December 12 that it has secured €2.3M from ROM InWest, Rabobank, Invest International, and existing angel investors. The latest capital infusion will enable the company to accelerate its international expansion and brand-building in the coming […] Read more ›
9
The European tech industry is booming. From hyper-growth start-ups like GitLab, to profitable fintech like TransferWise, to IPO successes like Spotify, you’ll find innovation spanning all areas of technology. And despite inflation, government spending, and massive tech layoffs, European tech hubs are still growing. Money is still being pumped into tech cities all across the […] Read more ›
35
Amsterdam-based Tellet, a startup that provides insights through AI-powered interviews and analysis, has secured €400K in a pre-seed round of funding. The startup reports that this funding is a key step in its mission to democratise consumer research through artificial intelligence. Angel investors with sector expertise, such as Peter Kaas (Ommm Ventures), Harald Lamberts (Essense), […] Read more ›
14
Cologne, Germany-based METYCLE, a marketplace for international secondary metal trade, announced on Thursday that it has secured $5M (approximately €4.7M) in a Seed round of funding. The latest funding round was led by Project A with the participation of Partech and existing investors like Market One Capital and the Dutch Founders Fund (DFF). Many renowned […] Read more ›
15
London-based Digital Science, a company that claims to be advancing the research ecosystem, announced that it has acquired Amsterdam’s Writefull, which assists users globally with scholarly writing. Writefull’s AI language models are trained on billions of sentences from millions of journal articles, offering assistance in academic writing, paraphrasing, copy editing, and revisions. The platform is […] Read more ›
2
Stockholm-based Ark Kapital has revealed a strategic rebranding, adopting the new name Gilion, as part of its global expansion initiative. According to the firm, this transformation marks a strategic shift towards becoming a universal growth platform, aiming to redefine how the next generation of tech companies secure funding and foster business growth. An “everything growth” […] Read more ›
2
Paris-based Mistral AI, an artificial intelligence startup, announced on Wednesday that it has signed a partnership with Google Cloud. Under this non-exclusive agreement, Mistral AI will distribute its open weights and optimised proprietary language models utilising Google Cloud’s AI-optimised infrastructure. “In just a few months Mistral AI has already established itself as a leader in […] Read more ›
6
Most popular sources
Business Insider
|
21% 11 |
Wired
|
10% 5 |
The Verge
|
8% 2 |
Android Authority
|
7% 4 |
Tech Wire Asia
|
7% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 05:43
Last update: 05:36 EDT.
News rating updated: 12:32.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.