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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Milan-based WeRoad, a travel tech scaleup, announced on Monday that it has secured €18M in a Series B round of funding led by H14, with participation from a consortium of investors. The latest round brings the total amount raised to €36M. The capital infusion will help the Italian startup fuel its growth and develop technology […] Read more ›
2
Helsinki-based Failup Ventures, a new early-stage venture capital fund, has announced the first closing of €30M of its new early-stage fund of €50M. Business Finland Venture Capital Oy acted as the anchor investor in Failup Ventures’ new fund. Topias Soininen, co-founder and General Partner at Failup Ventures says, “We are thrilled to launch Failup Ventures […] Read more ›
2
Kyiv-based Getpin, a SaaS online marketing tool provider, announced on Monday that it has secured $400K (approximately €365K) in a Seed round of funding from Czech venture capital fund Presto Ventures. The Ukrainian company will use the funds to scale the product in Central and Eastern Europe and expand into Latin America. Getpin: Helping businesses […] Read more ›
2
As the world transitions into a digital-first, interconnected global economy, organisations worldwide are looking to innovate to stay ahead of the competition and remain at the forefront of their respective industries. Nowhere is this evolution more evident than in the extraordinary growth of e-commerce businesses, particularly in Europe. E-commerce businesses in Europe have experienced incredible […] Read more ›
1
Deventer and Amsterdam-based 819 Capital Partners, an investment firm specialising in venture capital, private equity, and corporate finance, have recently announced their launch. The venture capital firm aims to invest in industries impacted by an aging population, sustainability, and digitalisation. “Our mission is to drive innovation, growth, and value creation through a diverse portfolio of […] Read more ›
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Milan-based Planet Farms, a vertical farming company, announced recently that it has secured $40M (approximately €36.6M) at $500M valuation in a fresh round of funding, bringing its total fund raised to $140M (approximately €128.3M). The latest capital infusion will help the Italian company to expand its operations into Italy and the UK. Planet Farms will […] Read more ›
9
Round2 Capital, a pan-European software lending firm, has facilitated the sale of all shares in its portfolio company, DRACOON, through a definitive agreement with Kiteworks. Kiteworks, a US-based cybersecurity platform provider founded in 1999, offers file sharing, managed file transfer, and email data communications with a focus on meeting compliance standards. Active globally, Kiteworks empowers […] Read more ›
3
NP-Hard Ventures, an early-stage venture capital fund, announced on Friday that it has closed its inaugural fund, raising a total of €12M. The fund, which surpassed its initial target of €10M, will be used to back early-stage ‘product obsessed’ founders in Europe and the US. Paul Veugen, co-founder of NP-Hard Ventures, says, “I’m obsessed over […] Read more ›
2
Konstantin Goncharuk and Pieter Boon, former founders of 24sessions, have announced the launch of their new startup, ImpactPilot, a customer success solution deeply integrated with HubSpot. ImpactPilot is a solution for effective Customer Success Managers (CSMs) within HubSpot. Positioned as a strategic customer success add-on, it is designed to proactively enhance, measure, and integrate customer […] Read more ›
2
Denmark-based European Energy has partnered with two Scandinavian banks SEB and DNB to secure a €150M Green Portfolio Financing Facility. This five-year funding initiative aims to expedite the implementation of renewable energy projects, focusing on solar and wind energy across 10 Northern European countries. The Green Portfolio-Financing Facility, initially spanning five years with potential extensions, […] Read more ›
1
Stockholm-based Ark Kapital, a Swedish growth platform for tech, announced on Wednesday, November 22, that John McCormick, former co-head of the alternative asset management Blackstone, joins the company as a new strategic investor. John McCormick: A personal investor and advisor John McCormick is an experienced personal investor and advisor. Until recently, he served as the […] Read more ›
9
Lyon-based Indy, a startup that automates accounting and tax returns for self-employed professionals and entrepreneurs, announced on Monday, November 20, that it has raised €40M from BlackFin Capital Partners, as well as La Maison and iXO. The latest round brings the total funding raised to €86M. The company will use the funds to enhance its […] Read more ›
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Amsterdam-based LAYCO, a startup that provides high-quality medical equipment at affordable pricing, has secured a convertible loan of €300K from the North Holland Innovation Fund (INH). INH is an initiative of the Province of North Holland, University of Amsterdam, Vrije Universiteit, Amsterdam University of Applied Sciences, Amsterdam UMC and Sanquin. The Fund offers loans to […] Read more ›
7
Eindhoven-based CityLegends, a community platform for urban athletes and artists announced on Thursday that it has closed €1M in a seed round of funding by a syndicate of investors. The investor’s list includes LeanSquare, LUMO Labs, imec.istart, Dutch Sport Tech Fund, and industry expert and angel investor Matthieu de Clercq. Fund utilisation The Dutch platform […] Read more ›
1
Berlin-based Quazy Foods, a biotech startup cultivating proprietary microalgae strains with applications in the food industry and beyond, has secured €800K in a pre-seed round of funding. ProVeg International, Antler, and Sprout & About Ventures are among the investors, along with various business angels and support from local and European innovation grants. Frederik Brandis, associate […] Read more ›
7
The Amsterdam Science & Innovation Award (AmSIA) is the competition for research-based innovative ideas and impactful innovations hosted by the Innovation Exchange Amsterdam (IXA). On Tuesday, November 21, the 16th edition of the Amsterdam Science & Innovation Awards took place at the NEMO Science Museum, honouring exceptional contributions to science and technology. Zeliha Guler, Pepijn […] Read more ›
2
London-based startup Phare Health has secured £2.5M (approximately €2.87M) in a seed round of funding led by General Catalyst. Strategic support comes from backers KHP Ventures and Bertelsmann Investments, providing industry expertise, extensive European networks, and healthcare resources. Phare Health specialises in advanced AI products designed to assist hospitals in managing their finances and monitoring […] Read more ›
3
HumanForest, the parent company of Forest – an affordable and sustainable eBike app, has secured a £5M (approximately €5.73M) extension to its Series A round of funding. This round brings the total Series A funding to £17M (approximately €19.51M), building upon the initial £12M investment announced in April of the same year. In April, HumanForest […] Read more ›
3
Sam Altman is back in OpenAI as CEO! He will return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. OpenAI announced the news on X, previously known as Twitter: Besides Altman, Greg Brockman confirmed he is returning to OpenAI and coding tonight. The announcement follows […] Read more ›
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Changpeng Zhao, the founder and CEO of the world’s largest cryptocurrency exchange Binance, has stepped down from his role and pleaded guilty to breaking the US anti-money-laundering laws, as a part of a $4.3B settlement. Additionally, Zhao is not allowed to take on a management position in the company for the next three years, as […] Read more ›
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Business Insider
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20% 12 |
The Verge
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10% 3 |
Tech Wire Asia
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8% 1 |
Gizmodo
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8% 2 |
Android Authority
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7% 4 |
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27.11.2024 09:43
Last update: 09:36 EDT.
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