France’s Axeleo secures €125m for Green Tech fund
Axeleo Capital (AXC), an independent French venture capital firm, has announced the first closing of its new €125 million Green Tech Industry I fund (GTI…
Read MoreAxeleo Capital (AXC), an independent French venture capital firm, has announced the first closing of its new €125 million Green Tech Industry I fund (GTI…
Read MoreSana, the Swedish AI scaleup, has announced a $55 million investment round at a $500 million valuation led by venture capital firm New Enterprise Associates (NEA)….
Germany’s Siemens AG said it agreed to buy Troy, Michigan-based software maker Altair Engineering Inc. for an enterprise value of $10 billion — its largest-ever…
Bain Capital said it will acquire an 80% stake in AQ Compute, the data center subsidiary of Hamburg-based investment firm Aquila Group, in a strategic alliance that…
Dublin and Oxford-based SynOx, a late clinical-stage biopharmaceutical company developing a novel treatment for CSF-1 related and macrophage-driven disorders, announced that it has raised additional funding…
Berlin-based Aignostics, an artificial intelligence (AI) company that “turns complex multi-modal pathology data into transformative insights” announced it has raised $34 million in Series B financing….
Barcelona-based Inbrain Neuroelectronics, a brain-computer interface therapeutics (BCI-Tx) company developing graphene-based neural technologies, has announced the close of a $50 million Series B financing round. The…
The European Innovation Council (EIC), part of the EU research and innovation programme Horizon Europe, said it will support European deep tech research and high-potential…
London-based challenger exchange Aquis and Cboe Europe, a division of Chicago-based Cboe Global Markets, have announced their intention to form a joint venture which plans…
Estonian startup companies generated turnover of €2.7 billion in the first nine months of 2024 — 10% more than in the same period of 2023. That’s…
Antwerp, Belgium-based Agomab Therapeutics NV announced an €82.1 million Series D financing round, with participation from new investors Sanofi and Invus as well as existing…
MobilityPlus, a Ghent, Belgium-based provider in the European EV charging market, has raised €40 million from Suma Capital through its Climate Impact Fund III, an…
Lithuania-based Vinted, the European second-hand C2C marketplace focused on fashion, has closed a secondary share sale of €340 million to a group of new investors…
Venture capital funding for generative AI startups in 2024 is poised to exceed the records of 2023, according to a report by S&P Global. In…
Total assets under management (AUM) at the world’s 500 largest asset managers rose 12.5% to $128 trillion at the end of 2023, according to new…
The European Investment Bank (EIB) said it is lending €34 million to German teledriving technology startup Vay to help it develop its operations in Europe. The…
Morningstar’s latest data shows that year-to-date global exchange traded fund (ETF) flows stood at $947 billion as of September 30, 2024. With a full quarter…
Unilever has agreed to sell its its Russian subsidiary with assets worth about €600 million to Arnest Group, a Russian manufacturer of perfume, cosmetics and…
Jürgen Klopp has agreed to take on new role as Head of Global Soccer at Austria-based Red Bull, starting on January 1, 2025, in his first…
French luxury goods group Kering announced the appointment of Stefano Cantino as CEO of Gucci, reporting to Francesca Bellettini, deputy CEO of Kering in charge of…
Norway’s Equinor has acquired a 9.8% stake valued at around $2.5 billion in Denmark-based renewable energy group Ørsted, making it the second largest shareholder after the Danish…
The European Investment Bank (EIB) announced it has passed the €100 billion mark in total Climate Awareness Bonds (CAB) and Sustainability Awareness Bonds (SAB) issuance…
Copenhagen-based A.P. Moller Holding, the Maersk family’s investment group, said it has launched Vioneo, a new venture “dedicated to transforming plastics production.” Moller said Vioneo will…
The lead European Union privacy regulator has fined social media giant Meta €91 million for inadvertently storing some users’ passwords without protection or encryption. The…
The European Investment Bank (EIB) announced it is providing €220 million in financing to Nexi Group, Europe’s largest PayTech company, to “support innovation in the…
Swedish lithium-ion battery producer Northvolt said it has outlined a “revised scope” of operations in Sweden “to ensure that its resources are focused on accelerating production…
Assets invested in the exchange traded fund (ETF) industry in Europe reached a record of $2.18 trillion at the end of August. That’s according to…
Private equity firm KKR and German billionaire Mathias Döpfner have agreed to split up media conglomerate Axel Springer — separating its news operation from its lucrative…
Euronext said it has acquired Substantive Research, a provider of in-depth transparency on product and pricing comparison for investment research spend, market data and investment…
New research from Ocorian — the provider of fund administration, capital markets, corporate and fiduciary services — shows that nearly all North American fund managers…
Euroclear and BlackRock have announced a partnership to expand the distribution of BlackRock’s private market funds via Euroclear’s FundsPlace. Brussels-based Euroclear is one of the…
In a double boost for the European Union’s crackdown on big technology firms, Apple Inc. has lost its court battle over a €13 billion tax bill in Ireland…