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Seaya Andromeda acquires majority stake in Zyclora to accelerate expansion across European markets
Seaya Andromeda, a €300 million pan-European climate tech growth capital fund, has acquired a majority stake in Zyclora/Bike Ocasión (Zyclora), Spain’s refurbished bicycle omnichannel retailer and a major player in the European market.
Tesco Mobile’s DOOH campaign seeks to promote no EU roaming fees
Tesco Mobile is shining a spotlight on No EU roaming fees with a dynamic digital out of home campaign (DOOH), which displays a live countdown to flight departure times alongside straplines tailored to each destination.
Solasta Bio raises $14m to advance development and commercialisation of sustainable crop protection solutions
SOLASTA Bio, a Glasgow-based agri-biotech company specialising in the next generation of green insecticides, has raised $14 million Series A financing led by Forbion, a global life sciences venture capital firm with deep expertise in Europe.
EIB partners with Deutsche Bank to boost Europe`s wind manufacturers
The transaction will enable Deutsche Bank to set up a portfolio of up to €1 billion of banking guarantees for new investment in wind farms in the EU.
IFC unveils a new initiative to help financial institutions in Europe manage climate risks
Climate-related disasters across Europe caused losses of about €650 billion, or around €15.5 billion per year from 1980 to 2022.
Dutch waste platform Seenons acquires Waste Group Denmark to expand European activities
Amsterdam-based Seenons, a tech startup aiming to eliminate the growing challenge of waste, has acquired Waste Group Denmark to expand its European activities and strengthens its position as the leading waste platform in Europe.
GUT Network announces addition of two leadership roles
This latest announcement follows the launch of GUT Madrid, the network's second European office, which was unveiled in June. It further demonstrates a pivotal shift in the network's focus towards the European market.
Danish VC Nine Realms lands €50m from EIF to decarbonise the supply chain sector
The European Investment Fund (EIF), has signed €50 million participation in Danish VC Nine Realms' latest fund, focusing on supporting early-stage technology-enabled SMEs in the supply chain sector.
Balderton announces $1.3 billion to back Europe’s entrepreneurs from seed stage through IPO
Balderton Capital (Balderton), one of Europe’s technology venture capital firms, announced its $615 million Early Stage Fund IX and $685 million Growth Fund II, to back Europe’s most ambitious entrepreneurs from seed stage through IPO.
German spacetech Dcubed closes over-subscribed Series A round to scale production, expand U.S. footprint
Dcubed, a German NewSpace supplier, has successfully closed its Series-A funding round to boost further growth in the global space market.
Programmatic investment drives digital advertising market in Europe, report
Notably, 54% of advertisers now allocate over 41% of their digital campaigns to programmatic investment, marking a significant increase from the previous year.
Azimut strengthens support for Italian Alps Blockchain with €105m investment
Azimut, an independent global group in asset management, wealth management, investment banking and fintech, has completed €105 million investment in Alps Blockchain.
London-based Kennet closes sixth fund at €266m to invest in B2B SaaS startups across Europe
London-based equity investment firm Kennet, has raised €266 million for its largest fund to date, Kennet VI.
European Investment Bank provides €450 million to Prysmian to promote European energy transition
With a view to meeting the growing demand for renewable energy in general and offshore wind in particular, Prysmian will use the EIB funds to build new production lines for extra-high-voltage submarine cables.
ZAKA VC unveils first fund at €15m to support early-stage startups in US and Europe
Prague and London-based ZAKA VC (ZAKA), has established its first fund (ZAKA VC Fund I) at €15 million to support early-stage startups in US and Europe.
Bitburger unveils 'Bitte', a campaign brewing connections across Europe
Bitburger also installed large-scale out-of-home motifs in busy squares in the centres of European capitals.
AMD acquires Europe's largest private AI lab, Silo AI, to expand enterprise AI solutions globally
AMD announced the signing of a definitive agreement to acquire Silo AI, the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million.
SmartCap invests €5m in Antler Nordic Fund II to support early-stage startups
SmartCap Venture Capital Fund has invested €5 million in Antler Nordic Fund II, to further strengthen its commitment to early-stage startups and innovative tech investment strategies.
Spanish traveltech startup Directo raises $1m pre-seed round, announces US launch
Spain-based Directo, a Chrome extension that helps travelers find commission-free accommodation deals, has reached significant milestones since its beta launch in Europe in September 2023.
Mediaplus wins European Kikkoman account
The entire media strategy, planning, buying and distribution of the European brand campaigns on TV has been in the hands of the Mediaplus Group since April.
Investment firm MiddleGame Ventures announces initial close of third fintech fund with €52m
MiddleGame Ventures (MGV), a Luxembourg-based investment firm focused on fintech startups, announced it has raised a new fund targeting early-stage investments in Europe.
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