China’s HSG tunes into Marshall: Set to acquire majority stake in the iconic brand for €1.1B
Funds managed by HSG (HongShan Capital Group, formerly known as Sequoia China) have reached an agreement to acquire a majority stake in…
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Dublin-based SaaS firm Mobility Mojo raises €4.25M from Gresham House Ventures: Know more
On Monday, London-based Gresham House Ventures, a growth equity investor, announced that it has committed a €4.25M investment in a Dublin-based SaaS platform Mobility Mojo.
Blockchain meets aviation: Wingbits lands €5.3M to transform flight tracking
Stockholm-based Wingbits, a decentralised physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6M (approximately €5.34M) in funding.
In other news this week: Egregious secures funding to protect humans from AI, 4Elements bags €27.4M, Eliq secures funding from Volvo cars, and others
In our fast-moving world of technology and innovation, it's easy to miss some interesting stories happening around us.
European Commission invests €3M to develop new chip that will help solve quantum computing bottlenecks
On Thursday, The European Commission announced that it is investing €3M to develop the first-ever quantum chip that combines electronics and light using advanced Germanium-Silicon technology.
The Hague-based Yabx and SC Ventures invest €9.5M in Furaha to expand access to purpose-driven financing in Africa
On Friday, SC Ventures, the innovation and investment arm of Standard Chartered, announced that it has teamed up with The Hague-based Yabx Technologies, a company of Tech Mahindra group, to invest in Furaha.
Sweden’s medtech startup Xaga Surgical raises €698K: Know more
Helsingborg-based Xaga Surgical, a Swedish medical technology company, has completed a SEK 8M (approximately €698K) investment round.
Amsterdam-based VonWood declared bankrupt: Know more
Amsterdam-based VonWood, a digital trading platform for Wood, has been declared bankrupt by the Amsterdam District Court, earlier this week.
UK-based headless content management platform Amplience secures €37.8M: Know more
London-based Amplience Limited, a provider of headless content management solutions, has completed £32M (approximately €37.82M) senior secured investment from AshGrove Capital, an independent pan-European specialty lender.
Luxembourg’s Passbolt raises €7.6M to expand its open-source password management platform for teams
Luxembourg-based Passbolt, an open-source password and credential manager for teams, announced that it has secured $8M (approximately €7.65M) in a Series A round of funding.
Amsterdam's QDNL Participations secures €25M first close for new global quantum fund targeting €60M
On Friday, Amsterdam-based QDNL Participations, a quantum-focused VC firm, announced the first close of its new fund at €25M, targeting €60M for the fund.
Leonardo DiCaprio-backed US VC Regeneration.VC takes over management of Sky’s climate portfolio
On Wednesday, Los Angeles-based Regeneration.VC, a VC fund that invests in circular and innovative climate technologies, announced that it has taken over the management of Sky's (previously Sky Ocean Ventures) climate portfolio.