Business
In other news this week: EIF invests €30M in Wind II, Fundu raises €200M, Quantum…
As the week draws to a close, it’s time to catch up on some noteworthy stories that may have flown under our radar.
Funding
Google’s GV backs Finnish startup turning transparent surfaces into headset-free mixed…
Helsinki-based Distance Technologies Ltd, a developer of glasses-free mixed reality technology for the automotive, aerospace, and defence industries, announced on Tuesday, September 24, that it has closed a €10M seed funding round.
Funding
Qbuzz, Invest-NL, and EU invest in the transition to emission-free public transport
Amsterdam-based Invest-NL, a national financing and development institution, has partnered with the European Commission’s Alternative Fuel Infrastructure Facility (AFIF) to finance emission-free public transport.
Funding
Norway’s Findable secures €9M to automate building documentation using AI: Here’s how
Findable, an Oslo-based startup specialising in automating building documentation through artificial intelligence (AI), has raised €9M in a Series A funding round.
Funding
Dutch-based Meatable awarded €7.6M RVO Innovation Credit to advance cultivated meat…
Netherlands-based Meatable, a startup specialising in cultivated meat technology, has been awarded €7.6M through the Innovation Credit programme administered by the Netherlands Enterprise Agency (RVO).
Funding
Enginsight secures €6M to enhance cybersecurity for Germany’s SMEs amid rising threats
Enginsight, a German provider of cybersecurity solutions for small and medium-sized enterprises (SMEs), announced that it raised €6M in a fresh round of funding led by UVC Partners, with Carsten Maschmeyer’s seed+speed fund as a co-investor.
Funding
Amsterdam’s hotel tech startup Userguest bags €2.2M: Know more
Amsterdam-based Userguest, a hotel tech startup that is dedicated to maximising direct revenue, announced that it has closed a €2.2M seed funding round.
Funding
Dutch-based Engaige secures €1M to enhance customer support with AI automation: Here’s…
Rotterdam-based Engaige, an AI-powered customer service automation platform, announced that it has raised €1M in an oversubscribed seed round of funding.
News
Stockholm’s Northvolt to cut 1,600 jobs amid strategic restructuring; suspends Ett…
Stockholm-based Northvolt, a lithium-ion battery manufacturer, has announced a restructuring of its operations in Sweden, to accelerate large-scale battery cell production at its flagship facility, Northvolt Ett.
Funding
UK’s social calendar app raises €7.1M from Man Utd footballer Harry Maguire, others
London-based Howbout, a social scheduling app, has secured $8M (approximately €7.19M) in a Series A round of funding led by Goodwater Capital with participation from FJ Labs, Sequel, and England and Manchester United footballer Harry Maguire.
Travel & Mobility
Amsterdam’s The Sharing Group acquires majority stake in Drop Mobility to expand shared…
Amsterdam-based impact investor The Sharing Group (TSG) has increased its stake in Drop Mobility to a majority share, aiming to accelerate the startup’s growth.
Funding
French workforce startup Jump secures €11M to redefine freelancing for Gen Y and Z…
Paris-based Jump, a workforce startup, announced that it has raised €11M in a Series A round of funding.