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
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Dutch-based Battolyser Systems and VDL Hydrogen Systems merge to build the first flexible electrolyser for industrial use
Two Dutch companies, Schiedam-based Battolyser Systems and Eindhoven’s VDL Hydrogen Systems - part of VDL Groep - have agreed to merge into a single company.
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).
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.
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.
Dutch VC SHIFT Invest announces first close of new impact fund at €92M; discover its investment focus and target
Amstelveen-based SHIFT Invest, a Dutch venture capital firm, has announced the first close of its fourth fund, SHIFT Invest IV, securing…
EIC commits €20M to Ukrainian deeptech startups and SMEs in a bid to connect them with Europe’s innovation ecosystem
The European Innovation Council (EIC) announced that it will provide €20M in funding for deeptech startups and SMEs in Ukraine.
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.
Norwegian startup Remora Robotics reels in €13.7M to dive deeper into aquaculture automation
Norway-based Remora Robotics, a tech company that specialises in aquaculture robotics, has raised NOK 164M (nearly €13.73M) in a funding round.
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.
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.
Stuttgart’s Q.ANT raises €62M to scale energy-efficient photonic processors for AI and high-performance computing
Stuttgart-based Q.ANT has announced a €62M Series A funding round.