Green Tech Startup Suena from Germany secures €3M for its AI-Powered Energy Storage Platform

Suena, a Hamburg-based startup specializing in AI-driven optimization and power trading services for flexible energy assets, has closed a €3 million seed funding round. The round was co-led by the Santander InnoEnergy Climate Fund and Smart Energy Innovationsfonds of Energie 360, with additional participation from existing shareholders EIT InnoEnergy, Raakwark Kaptaal, and Business Angels.

Germany

Green Tech Startup Suena from Germany secures €3M for its AI-Powered Energy Storage Platform

Startup Ecosystem, Education

Top 5 Remote Business Ideas for 2024: Thriving in the Digital Age

In an era where remote work is no longer a luxury but a norm, entrepreneurial spirits are seeking opportunities that align with this new lifestyle. The digital age has opened doors to countless ventures that can be managed from anywhere in the world. This article explores the top 5 remote

Netherlands

Medtech Startup Ansana from Netherlands bags €850K to combat Surgical Site Infections

Ansana, a Netherlands-based company specializing in sterilization technology for the healthcare and pharmaceutical industry, has secured €850K in funding. The investment, led by NLC Health Ventures, LIOF, and Rabobank, will be used to develop alpha-prototypes, establish initial hospital collaborations, obtain ISO 13485 certification, progress EU and US regulatory strategies, and

France

NETRIS Pharma from France bags €7.5M extension to develop Therapeutic Molecules to treat Cancer

NETRIS Pharma, a French clinical-stage biopharmaceutical startup, has raised an additional €7.5 million in its ongoing Series A round, bringing the total to €24.4 million. This funding, which includes an investment from the EIC Fund, will be used for clinical development and corporate growth.

Startup Ecosystem, Education

Navigating the Funding Landscape: Accelerating Success with Different Types of Funding for Startups

Securing funding is a pivotal step for any startup. It's not just about getting capital; it's about understanding which types of funding aligns best with the business's stage, industry, and long-term goals.

United Kingdom

Fiat Republic from UK bags €6.4M and secures EMI Licence from De Nederlandsche Bank

Fiat Republic, a London-based Banking-as-a-Service (BaaS) platform, has raised $7 million (approximately €6.4 million) in a Seed extension round. This investment will enable the fintech startup to accelerate growth and expansion by strategically hiring new personnel, strengthening banking partnerships, and expanding into new territories.

Sweden

Exeger from Sweden bags €35M to ramp up Production of patented Solar Cells used in Self-Powered Devices

Exeger, a Swedish clean tech startup specializing in solar cell technology, has secured a significant investment of €35 million from the European Investment Bank (EIB). This funding will be used to increase production capacity at the company's second urban factory, Stockholm II, located in Kista, outside Stockholm.

Startup Ecosystem

The Future of AI: Top 5 Predictions for 2024

As we step into 2024, the realm of Artificial Intelligence (AI) continues to evolve at a breathtaking pace, reshaping industries and revolutionizing our daily lives. The past years have been marked by significant strides in AI, but what does the future hold? In this article, we delve into the top

Germany, United States

IBM set to acquire Software AG’s Tech Platforms in a €2.13 Billion Deal

International Business Machines Corp. (IBM) has announced its acquisition of StreamSets and webMethods, the Super iPaaS (integration platform-as-a-service) enterprise technology platforms from Software AG. The deal, valued at €2.13 billion in cash, is expected to be completed in the second quarter of 2024.

Norway

BRUDELI from Norway bags €1.3M to launch First Powerhybrid Truck

BRUDELI, a Norway-based electric transmission technology firm, has successfully raised approximately €1.34 million in a new funding round. This investment will support the launch of the company's inaugural Powerhybrid heavy-duty vehicle and advance the development of the hybrid commercial vehicles market.

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United States

Green Tech Startup Suena from Germany secures €3M for its AI-Powered Energy Storage Platform