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
London-based GFO-X, the UK’s first regulated and centrally cleared trading venue dedicated to digital asset derivatives, has secured $30M (approximately €27.84M) in a Series B round of funding. The funding aims to support GFO-X in its upcoming launch and drive innovation in the regulated digital asset sector. The investment was led by M&G Investments, with […] Read more ›
1
Malmö, Sweden-based Minut, a short-term rental property monitoring company, announced on Friday, December 8, that it has secured a $5M (approximately €4.6M) extension funding for its Series B round from Smedvig Capital.  The latest capital infusion brings the total funding raised in the Series B round to $20M (approximately €18.5M). With this round, Smedvig joins […] Read more ›
6
After engaging in an extensive 3-day ‘marathon talks’, negotiators from the Council presidency and the European Parliament, on Saturday, December 9, have reached a provisional agreement on the proposal for harmonised rules governing artificial intelligence (AI) — the Artificial Intelligence Act. The draft regulation aims to ensure the safety and respect for fundamental rights and […] Read more ›
27
Amsterdam-based Avy, a startup that is on a mission to develop life-saving aircraft, has won the AFAS Young Business Award 2023, securing not only the Crystal award but also the coveted title of ‘Best Young Company in the Netherlands’. CEO Patrique Zaman steered Avy to victory over finalists Naduvi, Reliving, and tex.tracer. Avy’s self-flying drone […] Read more ›
2
The European Union’s (EU) AI Act has been a subject of significant interest and debate among policymakers, businesses, and citizens in the past couple of years. The proposed legislation aims to establish a regulatory framework for AI technologies that addresses concerns and ensures ethical and responsible deployment of AI systems. However, talks on the AI […] Read more ›
2
Hague-based UNIIQ, an investment fund focused on the proof-of-concept phase, has backed seven startups during a ceremony at the LantarenVenster theatre in Rotterdam. UNIIQ claims this is the largest number of simultaneous investments ever made by the firm. The seven startups, each receiving €350K from UNIIQ, collectively secure €2.45M in funding. In a statement translated […] Read more ›
22
Ali Niknam, the founder of Amsterdam-based neo bank bunq, has received the prestigious Businessman of the Year award, recognising his contributions to the business world. The award was presented on the Master Expo fair’s first day by real estate entrepreneur Cor van Zadelhoff, who himself was named Businessman of the Year in 2022. The annual […] Read more ›
0
Antwerp, Belgium-based Fortino Capital, a European B2B software venture capital and growth equity firm, on Friday, announced the final closing of its 4th investment fund — Fortino Capital PE II at €377M. The fund is dedicated to supporting ambitious B2B software founders throughout Europe. With this fund, Fortino will deploy a minimum €10M initial equity […] Read more ›
8
Amsterdam-based Invest-NL, a Dutch national financing and development institution, has recently announced Dutch Future Fund II (DFF II) in collaboration with the European Investment Fund (EIF). This new agreement allocates a minimum of €200M in capital to Dutch venture capital funds (VCs), focusing on enhancing the investment climate for Dutch startups and scale-ups in sectors […] Read more ›
9
Paris-based Pimento, a startup using generative AI to amplify creativity, has secured €3M in seed round funding and recently launched its beta version. The company plans to use the funds to enhance its interface and develop models specifically designed for the creative process, surpassing the limitations of generic solutions currently in existence. Investors supporting Pimento […] Read more ›
2
Paris-based Tomorro (formerly known as Leeway) is making waves in the contract management market with its collaborative and automated solution for legal and operational teams. On Thursday, the company announced that it has raised €11M in funding from Resonance, with the participation of Financière Saint James (Lydia, Spendesk), Motier Ventures (Mistral.ai, Alma), and its historic […] Read more ›
8
Den Haag-based Circularise, a Dutch supply chain transparency software provider that uses blockchain technology to enable circular economy at scale, has closed a Simple Agreement for Future Equity (SAFE) with Japan-based SEKISUI CHEMICAL. Besides the funding, SEKISUI CHEMICAL and Circularise are partnering to collaborate on a joint project for chemicals traceability. The initiative includes introducing […] Read more ›
17
Paris-based ProvenRun, the cybersecurity software company, on Wednesday, December 6, announced that it has secured €15M in a Series A round of funding. The funding round was led by Tikehau Capital, through its new vintage of Brienne, its flagship private equity cybersecurity strategy. The French Ministry of Defence’s Definvest fund, managed by Bpifrance, also participated […] Read more ›
3
London-based Harriet, a full-stack AI-powered solution for streamlining internal data and HR tasks, announced that it has secured £1.2M (approximately €1.39M) in a pre-seed round of funding. The investment was led by Concept Ventures and joined by Frontline Ventures, Portfolio Ventures, and Notion Capital. AI-powered people ops assistant Harriet addresses poor data management hindering AI […] Read more ›
2
Cambridge-based Pragmatic Semiconductor, a manufacturer of flexible integrated circuits, announced on Wednesday, December 6, that it has completed the first close of its Series D funding round, at £162M (approximately €189M). The company is planning a limited second close for key investors, of which an additional investment of £20M (approximately €23M) is already allocated. M&G’s […] Read more ›
1
Amsterdam-based Return, a renewable energy project development investor, has closed a €100M growth equity investment for expanding its solar and utility-scale storage pipeline and portfolio. The initiative aims to advance various gigawatts of solar and energy storage capacity development in Europe, through existing portfolios and new investments. Investor supporting Return Hartenlust Group led the round […] Read more ›
3
Almere, the Netherlands-based ASM specialises in designing and manufacturing equipment and process solutions to produce semiconductor devices for wafer processing. On Tuesday, December 5, the company announced that it is investing €300M over up to five years to design and construct the new state-of-the-art site on more than 20 acres (8.5 hectares) in Scottsdale, Arizona. […] Read more ›
18
Amsterdam-based Rockstart, the global early-stage accelerator-VC, announced on Thursday that it has launched its second AgriFood fund. The fund targets a final close at €50M and plans to invest in up to 50 startups within the coming five years. The fund is backed by The Export and Investment Fund of Denmark (EIFO), De Hoge Dennen, […] Read more ›
12
Eindhoven-based VivArt-X is a startup that specialises in the development of regenerative materials for women’s health. The Dutch startup will collaborate with the Smart BioMaterials Consortium (SBMC) and Eindhoven University of Technology (TU/e) to expedite the development of a synthetic biomaterial aimed at promoting the formation of healthy breast tissue post-breast surgery. Consequently, a budget […] Read more ›
9
Amsterdam-based Farmless, a startup that aims to turn renewable energy and CO2 into carbon-negative food ingredients, has secured €4.8M in a seed round of funding. Before this round, in May 2023, the startup exited stealth mode after securing €1.2M in the pre-seed round led by Revent, Nucleus Capital, and Possible Ventures, among other investors. Investors […] Read more ›
20
Most popular sources
Business Insider
|
20% 12 |
The Verge
|
10% 4 |
Gizmodo
|
8% 3 |
Tech Wire Asia
|
8% 1 |
Tom's Hardware
|
8% 5 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 07:37
Last update: 07:31 EDT.
News rating updated: 14:30.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.