Tech meets private credit: Demystifying Norsad Capital's efficiency boost with PE Front Office
The world of alternative investment is often seen as a glamorous world of private equity investors and venture capitalists.
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Amsterdam-based Plumery bags €3M to empower financial institutions to stay ahead in digital banking
Amsterdam-based Plumery, a digital banking experience platform, announced that it has raised $3.3M (approximately €3M) in additional funding from DN Capital and Fontes, managed by QED Investors.
Lithuanian renewable energy firm Green Genius bags €100M investment from EBRD
Vilnius-based Green Genius, a renewable energy developer owned by Modus Group, is set to receive up to €100M in equity investment from the European Bank for Reconstruction and Development (EBRD).
Dutch bike maker Accell Group announces €600M debt reduction amid financial turmoil: Know more
Heerenveen, The Netherlands-based Accell Group, which produces and sells bicycles, as well as their parts and accessories, announced that it is taking a significant step to improve its financial position.
Czech-based PurposeTech closes first pre-seed fund to back CEE founders focusing on these sectors
Prague-based PurposeTech has closed its first pre-seed venture capital fund to support founders from Central and Eastern Europe (CEE) focused on health, sustainability, and education.
Zurich-based Voliro bags €10.8M to streamline inspection and maintenance tasks using flying robots
Zurich-based Voliro, a company specialised in aerial mobile robotics, announced on Thursday that it has secured $12M (approximately €10.8M) in Series A funding led by Cherry Ventures.
Amsterdam’s Merqato raises funds to empower fruit and vegetable companies with its AI platform
Amsterdam-based Merqato, an AI-powered platform to optimise operational planning, has secured fresh funding from Smarter Ventures.
Klarna Checkout (KCO) rebrands to Kustom after being acquired by new owners: Know more
A couple of months back, Stockholm-based Klarna sold its Klarna Checkout (KCO) to an investor consortium, led by serial entrepreneur Kamjar Hajabdolahi at 5.4 billion kronor ($520M).
Microsoft to invest €4.3B in Italy to boost AI infrastructure and cloud capacity: Know more
Microsoft, on Wednesday, announced a €4.3B initiative in the next two years to expand its hyper-scale cloud and AI data center infrastructure in Italy.
Eurazeo’s Kurma Partners raises €140M in first closing of €250M VC fund: Know more
Paris-based Kurma Partners, a venture capital group specialised in healthcare, has announced the first closing of its latest venture capital investment fund, Biofund IV, with a total of €140M raised to date.
Dutch fintech sector witnesses ‘significant increase’ in funding in H1 2024: State of European FinTech report
The Netherlands fintech sector saw a significant increase in funding in H1 2024, with total investment increasing by 39 per cent year-on-year, according to the State of European FinTech 2024’ report.
Mastercard to acquire Sweden’s Minna Technologies to streamline subscription management and cancellation
Global tech company Mastercard has announced its plan to acquire Sweden’s Minna Technologies, a subscription management company, pending regulatory approval.