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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Copenhagen-based Octarine Bio, a synthetic biology platform, announced on Wednesday that it has secured €4.35M ($4.6 million) in the fresh funding round, bringing the total amount raised to over €12M. The round was led by Unconventional Ventures, the impact VC firm, alongside Óskare Capital and The Footprint Firm, with participation from dsm-firmenich Venturing. The capital […] Read more ›
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Amsterdam-based impact investor, The Sharing Group (TSG), has invested in Dutch residential sustainability startup HomeZero. The investment amount was undisclosed. This funding will support HomeZero in expanding its white-label marketplace model focused on home sustainability. The startup has connected its initial customers as a result of this investment. Making homes more sustainable Founded in 2023 […] Read more ›
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Istanbul-based Getir, an instant grocery delivery company, announced on Wednesday that it has acquired FreshDirect, a New York City-based online grocery delivery company from Ahold Delhaize USA, the largest grocery retail group on the East Coast. The deal is expected to be closed within this month. The announcement comes a few months after Getir decided […] Read more ›
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Munich-based Acton Capital, a growth-stage venture capital firm, announced that it has closed its Fund VI at €225M to invest throughout Europe and Canada. This fund marks Acton Capital’s largest to date, bringing its total capital to nearly €1B. Acton Capital continues to support early-stage companies, prioritising startups with sustainable scaling strategies and proven business […] Read more ›
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Florence-based ShippyPro, an all-in-one shipping management software, announced on Tuesday, November 7, that it has secured $15M (approximately €14M) in a Series B round of funding from Five Elms Capital. The recent capital infusion will help the Italian company to expand globally and accelerate innovation to become the shipping infrastructure for brands. “One-click shopping has […] Read more ›
2
PSG Equity, a growth equity firm helping software companies navigate and capitalise on transformational growth, has announced the final close of PSG Europe II, the firm’s second Europe-focused fund, with more than €2.6B in commitments. PSG Europe II (PSGE II), a growth equity fund dedicated to European software companies, surpassed PSG’s initial target. The funding […] Read more ›
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Yellow, a newly established venture capital firm, has recently launched a €30M fund dedicated to pre-seed investments in Europe. Founded by Adam Lasri, a former investor at the renowned Venture Capital firm Atomico, and Oscar Pierre and Sacha Michaud, the founders of Glovo, Yellow aims to support early-stage startups in Europe with a special focus […] Read more ›
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The Hague-based FEM-START, a platform for education, mentoring, and networking to bridge the funding gap for female entrepreneurs, announced Laurie Lancee of Vini Mini as the winner of the FEM-START Up Awards 2023. Laurie Lancee, the founder of Vini Mini, is on a mission to simplify and improve infant nutrition. Her startup was born out […] Read more ›
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Amsterdam-based Skytree, a climate tech company that aims to advance innovative CO2 capture and re-utilisation solutions, has been awarded €2.5M in non-dilutive grant funding from the European Innovation Council (EIC) Accelerator. Additionally, EIC’s Accelerator has committed to joining Skytree in the upcoming Series A funding round planned for Spring 2024. The current grant adds to […] Read more ›
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Amsterdam-based VUS Diagnostics, a biotech company specialising in personalised diagnostics for oncology and genetic diseases, has secured €300K in a convertible loan from Innovation Fund North Holland (INH). Wouter Keij, Fund Manager of Innovation Fund North Holland says, “VUS Diagnostics can help develop new effective medicines by creating all kinds of different DNA variants, and […] Read more ›
3
Milan-based Qomodo, a fintech startup, announced that it has secured €34.5M in a pre-seed round of funding. Qomodo simplifies retail transactions by enabling immediate, secure, and transparent collections for retailers. The fintech startup also enhances customer loyalty by offering interest-free instalments and expanding spending opportunities for shoppers. The startup claims to have achieved one of […] Read more ›
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Amsterdam-based NEXT, an AI-powered product discovery platform, announced on Tuesday that it has acquired Reveall, the customer insights platform. However, the exact terms of the deal remain non-disclosed. The announcement comes ten months after Reveall launched Reveall Discovery in January to help European companies disrupt the traditional product management space. Reveall: Customer insights platform Founded […] Read more ›
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Vienna-based Refurbed, the online marketplace for refurbished products such as smartphones, tablets and laptops, announced that it has secured €54M in a Series C round of funding. The investment was led by existing investors Evli, C4 and Speedinvest, with participation from All Iron and several new backers. This funding brings Refurbed’s total raised capital since […] Read more ›
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Heidelberg, Germany-based Aleph Alpha, a developer of generative artificial intelligence, announced on Monday, November 6, that it has secured $500M (approximately €467M) in a Series B round of funding from a consortium of a total of seven new investors as well as existing investors. The investment is led by the Innovation Park Artificial Intelligence (Ipai), […] Read more ›
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Tallinn-based RAIKU, a company specialising in eco-friendly packaging alternatives, announced that it has received a €5.65M grant and equity investment from the European Innovation Council (EIC) and €3.15M from private sector investors. EIC Accelerator helps deep tech companies in seed and growth stages not yet viable for private funding. It combines public grants with long-term […] Read more ›
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Parma, Italy-based Dreamfarm, a food tech startup that produces plant-based alternatives to cheese, announced on Monday that it has raised €5M in funding. The financing round was backed by two accomplished entrepreneurs — Giampaolo Cagnin, a serial entrepreneur who founded Italiana Ingredienti, Campus, and Hi-Food, and Francesco Mutti, the owner, and CEO of the Mutti […] Read more ›
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Paris-based Ensol, a startup focused on photovoltaic equipment, has secured €3M in a fresh round of funding from Otium Capital, an investment company managing the assets of Pierre-Edouard Stérin. Otium Capital’s founder, Pierre-Edouard Stérin is an entrepreneur (founder of SmartBox Group), turned investor for more than 10 years. Simplifying solar energy self-supply to make it […] Read more ›
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Netherlands-based SPHERICAL, a company that designs dedicated semiconductors and uses them for electronic satellite subsystems, announced that it has secured fresh funding in its pre-seed round. The funding amount remains undisclosed, however, combined with grants and subsidies, the company has secured €1M in funding. Dutch-based proof-of-concept fund UNIIQ, Rabobank Innovation Loan, Graduate Entrepreneur Fund, and […] Read more ›
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Amsterdam-based Rockstart, an early-stage accelerator-VC, on Thursday, November 2, announced the appointment of Anne Mette Frejsel as COO. With over ten years of experience in strategy, sales, and operations, Anne Mette will collaborate with Rockstart’s CEO and co-founder, Rune Theill, and the rest of the team. Rune Theill, CEO and Co-founder, Rockstart says, “We have […] Read more ›
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Delft-based Tarnoc, the manufacturer of fully electric Turbine Heat Pump, announced on Thursday, November 2, that it has raised €800K in the initial phase of its seed round. Two new shareholders, including BarUni and other family funds, have joined the company, showing immense confidence in Arnoc’s mission. The Dutch startup will utilise the capital infusion […] Read more ›
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Business Insider
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Tech Wire Asia
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9% 0 |
The Verge
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Eurogamer.net
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7% 3 |
Android Authority
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6% 2 |
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27.11.2024 14:41
Last update: 14:36 EDT.
News rating updated: 21:32.
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