Funding
In other news this week: Numan lands €51.6M, thermondo secures €50M loan, Proxymity raises €31M and others
It’s been a busy few weeks in the startup world.
News
Dutch biotech Solynta secures €20M EIB funding to develop disease-resistant, climate-resilient potato seeds
Gelderland, the Netherlands-based Solynta, a biotechnology company that specialises in hybrid potato breeding, has secured €20M venture debt financing from the European Investment Bank (EIB).
Business
After record-breaking 2024 and €45M M&A firepower, Amsterdam’s Recharge acquired by Singapore’s Coda
Singapore-based Coda, a global leader in digital content monetisation platform, has signed a definitive agreement to acquire Recharge, an Amsterdam-based prepaid payments platform.
Business
WeTransfer AI clause sparks uproar; Co-founder Ronald Hans returns with ‘Boomerang’
Dutch file-sharing platform WeTransfer has landed in hot water after users discovered new terms that suggested the company could use their files to train AI models.
Business
Amsterdam’s Farm in a Box gets €350K for its plug-and-play land-based aquaculture system
Amsterdam-based Farm in a Box, a startup developing modular, easy-to-assemble recirculating aquaculture systems (RAS), has received €350,000 in funding from the North Holland Innovation Fund.
News
What’s in a name: How a sci-fi-inspired working title became the North Star for this Amsterdam startup
In today’s tech-focused world, a company's name can act as its mission statement—bold, memorable, and full of meaning.
Funding
Swedish AI startup Lovable hits unicorn status; raises €172M at €1.65B valuation
Swedish AI startup Lovable, a platform that lets users build apps and websites using plain language, has secured $200M (approximately €172M) at $1.8B valuation in a Series A round led by Accel.
Amsterdam
Despite $5.9B profit, Booking.com reportedly plans significant job cuts: Here’s why
Booking.com, an Amsterdam-based online accommodation booking platform, will slash its workforce by “more than 200 and fewer than 1,000.”
Business
Amsterdam’s Crisp secures €28M loan from this Dutch bank to fuel sustainable growth
Amsterdam-based Crisp, an online supermarket, announced a financing partnership with ABN AMRO, securing a €28M credit facility to support its sustainable business model and strategic growth across the Netherlands.
News
Austrian startup Fiber Elements raises €2.6M to cement basalt’s role in the future of construction
Leoben, Austria-based Fiber Elements, a startup specialising in automated basalt fiber manufacturing for the construction industry, has raised €2.6M in seed funding.
Business
England’s GRIDSERVE secures €115M to accelerate high-power EV charging across UK’s busiest roads
Buckinghamshire, England-based GRIDSERVE, an EV charging provider, has secured £100M (approximately €115M) in new equity investment from its institutional shareholders.
Funding
Ventures.eu and Dealflow.eu announce first close of €30M VC fund for European and Portuguese startups
Lisbon-based Ventures.eu, in partnership with Dealflow.eu, announced the first closing of Ventures.eu Fund I, aimed at supporting early-stage startups across Portugal and Europe.