Amsterdam fintech unicorn Mollie gets payment institution licence in the UK
Amsterdam-based Mollie, a payment service provider, announced on Thursday that it has been granted a Payment Institution licence in the UK…
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UK government invests €258.1M to create its most powerful AI supercomputer: Know more
The University of Bristol and Hewlett Packard Enterprise (HPE) have secured £225M (approximately €258.19M) in funding from the UK…
UK’s Atom Bank raises €114M from existing investors at lower valuation: Know more
Durham-based Atom Bank, an app-based bank, announced on Wednesday that it has raised over £100M (approximately €114M) in new equity capital from long-term shareholders BBVA, Toscafund, and Infinity Investment Partners.
Finland-based Kuva Space secures €16.6M to transform spaceborne data into actionable insights: Here's how
Espoo, Finland-based Kuva Space, an earth observation company, announced on Thursday that it has secured €16.6M in funding.
Meta faces ban on targeted advertising in EU; launches ad-free Facebook and Instagram subscriptions in Europe
The European data regulator has announced on Wednesday that it is extending a ban, which was initially imposed by the Norwegian Data Protection Authority (NO DPA) on the processing of personal data for behavioural advertising on Facebook and Instagram, to cover all 30 countries in the European Union and the European Economic Area (EEA).
Here are 5 Amsterdam-based startups that are currently fundraising
Amsterdam has long been a thriving hub for innovation and entrepreneurship, and its startup scene continues to flourish.
Dutch-based Pelagen raises funding from UNIIQ to produce natural materials sustainably: here’s how
Leiden-based Pelagen, a biotech startup that manufactures bio-fabricated natural materials, has received investment from UNIIQ's investment…
PE firm Mutares acquires Dutch-based Byldis: Know more
Munich-based private equity investor Mutares has acquired Dutch company Byldis, a prominent player in Modern methods of construction (MCC) in the UK and European markets.
2100 Ventures launches €30M early-stage fund to back European startups: Know more
European venture capital firm 2100 Ventures has announced the launch of a €30M early-stage fund to support innovative startups in Europe.
Germany’s Cambrium bags €8M to shift towards a bio-based economy with molecular design tech
Berlin-based Cambrium, a synthetic biology startup, announced on Tuesday, October 31, that it has secured €8M in a seed round of funding led by Essential Capital, with participation from SNR, Valor Equity Partners, and HOF Capital.
UK-based Spotted Zebra raises €8.8M to tackle global skills-gap crisis
London-based Spotted Zebra, a skills-based workforce management platform, announced that it has secured £7.7M (approximately €8.84M) in a Series A round of funding.
EIC Accelerator: EIC selects 47 European startups; 4 are from the Netherlands
The European Commission (EC) announced on Monday, October 30, that it has selected 47 companies to receive European Innovation Council (EIC) funding, following the third 2023 EIC Accelerator cut-off in June.