Amsterdam-based Avantium, a company specialising in sustainable chemistry technologies, on Tuesday, October 22, celebrated the Official Opening Ceremony of its FDCA (furandicarboxylic acid) Flagship Plant in Delfzijl, the Netherlands. It is the first factory to produce bioplastic PEF, which can be used for bottles, packaging, and clothing, among other things. The plant opening was officiated ... Read more Read more ›
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UK-based Measurable.energy, a clean tech company, has secured £4M (approximately €4.8M) in a new investment round to support its expansion in the UK and global markets. The round was co-led by Vertex Exploratory Fund, a subsidiary of Temasek Holdings, marking the fund’s first investment in the UK clean tech sector, and Clean Growth Fund, which ... Read more Read more ›
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Berlin-based Dunia Innovations, a deep tech startup specialised in AI-driven materials discovery, announced on Wednesday that it has secured $11.5M (approximately €10.6M) in a funding round co-led by Elaia and redalpine. Other backers including, the EIC, Pace Ventures, Kindred Capital, Deep Science Ventures, and Anglo American, also participated in the round. Bridging the gap between ... Read more Read more ›
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Paris-based Fungiball, a fantasy tennis platform, announced on Wednesday that it has secured €2.2M in a PreSeed funding round. The investment was backed by a combination of private business angels including Adrien Dassault and Stephan Altmuller, with additional support from Cliff Capital and BPI France. Expanding to North America, Europe, Asia The funds will be ... Read more Read more ›
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Eindhoven-based LUMO Labs, the Dutch fund manager behind impact-driven investment funds in emerging technologies, announced on Tuesday that it will run its operations for Spain and Portugal from the Norssken House in Barcelona. The Deputy Mayor for Economy, Finance, Economic Promotion and Tourism of Barcelona City Council, Jordi Valls, says, “The arrival of the fund ... Read more Read more ›
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Vejen-based FarmDroid, a Danish company specialising in autonomous, solar-powered agricultural robots for weed control, has raised €10.5M to accelerate its global expansion. The round was led by Convent Capital with support from EIFO and Navus Ventures. The investment aligns with the strategic goals of all three investors, who see the potential for FarmDroid’s technology to ... Read more Read more ›
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London-based Vortexa, a provider of real-time global energy and freight analytics, announced on Tuesday, October 22, that it has secured $25M (approximately €23M) strategic debt financing with CIBC Innovation Banking. The funding comes as the company is expanding in the energy and freight analytics space with support from CIBC Innovation Banking, which is helping to ... Read more Read more ›
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Warsaw-based Authologic, a platform for digital identity verification, announced that it raised $8.2M (nearly €7.57M) in a Series A round of funding. The round was led by European venture capital firm OpenOcean, with participation from YCombinator, Peak Capital, and SMOK VC. The Polish company specialises in streamlining KYC and AML processes using secure e-ID solutions ... Read more Read more ›
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European Commission, on Monday, October 21, announced the launch of its EIC Trusted Investor Network, bringing together a group of investors ready to co-invest in innovative deep-tech companies in Europe together with the EU. The announcement follows earlier meetings with investors this year. Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education, and Youth, launched the ... Read more Read more ›
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In the past few decades, technology has advanced to the point that it is almost essential to running and growing a successful business. Companies need websites, applications, and technology-related services to manage and grow, and many try to assemble their teams to handle this aspect of the business. However, these teams are frequently unsuccessful, whether ... Read more Read more ›
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European Innovation Council (EIC), on Monday, October 21, announced 72 scale-ups from 24 European countries that have been selected to join the European Innovation Council’s (EIC) Scaling Club. The scale-up list was announced at the Scale 100 Forum, a community event held on 21-22 October in Athens, Greece. The selected deep tech companies fall within ... Read more Read more ›
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Utrecht-based Simpl.energy, a startup determined to accelerate the energy transition, has secured fresh funding from Rabobank and Arches Capital, among others. The startup aims to address challenges posed by The Netherlands’ overloaded electricity grid. The startup provides solutions that optimise the use of existing grid capacity, enabling businesses to grow and adopt more sustainable practices ... Read more Read more ›
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Are you passionate about sustainability, innovation, and the future of our planet? Then, the third annual London Climate Technology Show is an event you don’t want to miss. Scheduled for November 27th and 28th, 2024, at ExCeL London, this exhibition and conference will focus on the fast-developing climate technology value chain. It aims to bring ... Read more Read more ›
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Vienna-based UpNano, a company focused on the development, manufacturing, and commercialisation of high-resolution 3D printers, has secured €7M in a Series A round of funding. The round was co-led by aws Gründungsfonds, a VC fund backed by the Republic of Austria, Novacapital, an Italian investment holding, and IGO Innovation, the start-up investment arm of IGO ... Read more Read more ›
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London-based Oriole Networks, a developer of AI optimisation technology, has secured an additional $22M (approximately €20.27M) in funding. The round was led by Plural, with participation from existing investors, including UCL Technology Fund, XTX Ventures, Clean Growth Fund, and Dorilton Ventures, all of whom reinvested to support the scaling of Oriole’s “super-brain” solution. To support ... Read more Read more ›
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Helsinki-based DataCrunch, a provider of AI computing infrastructure, announced on Monday that has raised $13M (approx €12M) in a seed funding round led by byFounders. Other participants in the round include J12 Ventures, and several prominent angels, including Oskari Saarenmaa (founder of Aiven), Tuomo Riekki (founder of Smartly), former AI researchers and founders from the ... Read more Read more ›
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Epaux-Bézu, France-based Jungle Corp, the first European AgTech company offering a turn-key B2B solution to locally grow zero-pesticide plants at scale, announced that it has concluded its operations after an eight-year of service. The announcement was made by Nicolas Seguy, Managing Director & Co-founder at Jungle Corp, in a post via LinkedIn. “After an incredible ... Read more Read more ›
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London-based Everfield, a European long-term investor and growth accelerator, has acquired Frontu, a Lithuanian field service management software provider and KOST, a Graz-based food service specialist. Frontu is Everfield’s first acquisition in Lithuania and its third in the Baltics. The London-based company expanded its presence in the German-speaking region by acquiring KOST – the second ... Read more Read more ›
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Helsinki-based Cambri, an AI consumer insights and innovation platform, announced recently that it has secured €8M in a fresh funding round. With this round, new investors who participated, including Octopus Ventures and S4S Ventures, joined existing investors, such as The 98, OpenOcean, and Spintop Ventures. The Finnish company will use the funds to scale its ... Read more Read more ›
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In this fast-paced world where technology and innovation are the norm, it’s easy to miss some of the most interesting stories unfolding around us. Every day, we’re bombarded with breaking news about funding, acquisition, and other discoveries. In the flood of information, many of the compelling stories slip through the cracks and get lost. “In ... Read more Read more ›
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Most popular sources
Business Insider
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29% 14 |
Financial Times
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15% 14 |
The Verge
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15% 10 |
Tom's Hardware
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8% 4 |
Gizmodo
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6% 2 |
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23.11.2024 19:48
Last update: 19:30 EDT.
News rating updated: 02:40.
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