Liège-based EXO Biologics, a clinical-stage biotech company, announced on Wednesday, April 24, that it has secured a total of up to €16M in Series A funding.  The announcement comes after the company raised €9M from investors, including Noshaq, Founders, and Belgian Family Offices.  This initial support was further supported by subsidies from the Public Service of Wallonia (SPW) in Belgium, amounting to an additional €7M. A significant portion (€5.5M) of the public subsidies was granted through the Technological Innovation Partnership for Advanced Therapy Medicinal Products (ATMP-PI ..read more

Haarlem-based TommyTomato, a company on a mission to turn children into vegetable eaters for life, announced on Wednesday, April 24, that it has secured €1.9M in growth funding from Stichting LifeTree Fund, DOEN Participaties, and Social Impact Fund Rotterdam. The Dutch company will use the funds to expand its operations from Randstad to other cities in the Netherlands, including Eindhoven and Rotterdam.  Additionally, the funds will be used to invest in further automation and expansion of the team.   ‘We are extremely pleased to have these financiers on board and to work with ..read more

Amsterdam-based Moodus, a company that facilitates contactless donations, has acquired the assets of ACTOLL, a French fintech company owned by Matawan. Ahmed Ali, co-founder of Moodus, announced the development via a LinkedIn post. Ali says, this strategic move expands Moodus’s presence in France, boosts growth, and enhances innovation in the donation sector. “A big thank you to Jérôme Tredan and Jean-paul MEDIONI from Matawan for their collaboration and vision throughout this deal. Your partnership has been instrumental in making this acquisition a reality,” adds Ali. Brief about ACTOLL Sinc ..read more

Amsterdam-based Bloom & Wolf, a startup specialising in providing premium silk flower services, announced on Thursday, April 25, that it has secured €1.4M in a pre-seed funding round led by CapitalT, with participation from Joanna Invests and various angel investors.  The Dutch company will use the funds to expand its product offerings, expand its B2B sales capacity, and further establish its position as a leader in the artificial flower market. Birth of Bloom & Wolf The history of Bloom & Wolf dates back to the Dutch Golden Age, a time when Dutch flowers were gaining global ..read more

Munich-based The Mobility House, a company that provides mobility energy solutions, announced on Wednesday, April 24, that it has secured investment from RheinEnergie, a Cologne-based energy service provider. However, the exact details about the funding were not disclosed. The announcement comes four months after appointing Herbert Diess, the former CEO of the Volkswagen Group, as its new Executive Chairman of the Board. RheinEnergie is an energy service provider responsible for supplying energy and drinking water to around 2.5 million people, industry, trade, and commerce. In addition to ene ..read more

Netherlands-based CERRIX, a company that specialises in Governance, Risk, and Compliance (GRC) software, has secured fresh funding from Fortino Capital, a European investor focused on B2B software and ICT. The funding amount, however, remains undisclosed. Fortino Capital, with existing investors, backs CERRIX to boost its growth and global reach. The investor provides guidance to the founder and team and helps in international expansion, leveraging their expertise. They also explore acquisitions for growth. This investment is Fortino’s fifth in its Growth Private Equity Fund II. Jeroen Van Go ..read more

Amsterdam-based Mollie, a payment service provider, on Thursday, published its 2023 financial results.  The announcement comes as the Dutch fintech unicorn celebrates its 20th year as it continues to strive towards its mission of making payments and money management seamless for every business in Europe. Mollie: Celebrating 20 years of integrating payments Founded in 2004 by Adrian Mol, Mollie is a payments platform that offers an “easy-to-implement” process for integrating payments into a site or app. The platform aims to simplify online payments for merchants by taking away the complex ..read more

London-based Treefera, an AI-enabled data management platform focused on bringing transparency and accuracy to nature-based asset reporting, has secured $12M (approximately €11.18M) in a Series A round led by AlbionVC, the sole investor in this round. Paul Lehair, Investment Director at AlbionVC, says, “We have been extremely impressed by the team’s vision and execution to date. Treefera has managed to build a market-leading product and data platform for nature-based assets in very little time, which is addressing huge transparency problems in the carbon credits space and supply chain, as wel ..read more

Amsterdam-based Rodeo Software, a cloud-native project management software provider, has been declared bankrupt by the court in Amsterdam by termination of the suspension of payment on Wednesday, April 24. The announcement comes a week after the Dutch company got into a controversy following allegations of financial irregularities.  A brief overview As a result, US-based growth equity firm PSG Equity, which invested in Rodeo in 2022, has taken legal action against the company’s founder, Pieter Vos, seizing €67M.  Rodeo Software has informed its shareholders of potential financial ir ..read more

Netherlands-based Flindr Therapeutics, a company focused on precision cancer treatments, announced that it has secured €20M in a Series A round of funding. This funding will help advance the Dutch company’s cancer treatment pipeline, which includes “first-of-its-kind” small molecule inhibitors. Investors supporting Flindr Therapeutics V-Bio Ventures led the funding round, joined by new investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), QBIC Fund, Flanders Future Tech Fund, and Curie Capital. Existing investors Oncode Oncology Bridge Fund, Swanbridge, and Brabantse Ontwikkelings M ..read more