Tag: Design

Every year, millions of businesses are created around the world. In order for these big ideas to turn into successful startups, most of them will inevitably come up against the challenges of fundraising.  While there is no magic formula, there are variables that founders can hone in on when engaging with potential investors. TNW sat down with San Francisco-based VC Plug and Play early-stage investor Letizia Royo-Villanova during the Red Bull Basement global final in Tokyo to get her insights.  The one thing that really needs to stand out, according to Royo-Villanova, is the drive and authenticity of the founder.…

Finnish startup Oura has closed its Series D funding round at $200mn, bringing the smart ring maker’s valuation to a cosy $5.2bn. Oura’s smart ring uses 20 biometric markers to track sleep, physical activity, and stress resilience. The device displays this data on an app that gives you a personalised “readiness” score. We tested the wearable earlier this year and were genuinely impressed.  Founded in 2013, Oura secured its first funding on Kickstarter, the crowdfunding site, in 2016. Counting this new tranche of capital, the tech startup has raised $550mn since inception. “We’ve made significant progress in advancing our mission to make…

Munich-based startup Vaeridion has secured €14mn to develop an electric aircraft that it hopes will whisk passengers on short-haul routes around Europe by 2030.  “The microliner looks like a regular plane and it takes off from a runway — the only difference is that it will be powered by batteries,” Vaeridion’s co-founder and CEO, Ivor van Dartel, told TNW in an interview last month. “For operators and passengers, the experience will be essentially the same.” Berlin-based climate tech VC World Fund led the Series A investment, with participation from Project A Ventures, Vsquared Ventures, Schwarz Holding, InnovationQuarter, and angel investor…

Short-term rental platforms like Airbnb have transformed travel. They’ve made it easier for tourists to access personalised, private accommodations and for property owners to monetise their spaces.   With global tourism now on track for a full recovery post-COVID, Hostaway has secured a cool $365mn at a $925mn valuation as it looks to cash-in on the boom in short-term rentals. Hostaway is a property management system (PMS) and software marketplace for the short-term rental industry. It will use the cash to enhance its dynamic pricing tools, further integrate AI, and expand its presence in new markets, focusing on France, Italy, and…

It’s been a great year for the Dutch startup ecosystem.  Venture capitalists have, so far, invested $3.5bn into Netherlands-based early-stage companies, according to Dealroom data. That makes 2024 Dutch tech’s second-best funding year ever, surpassed only by 2021. Dutch startups have raised almost 50% more ($1.1bn) cash this year than in 2023 — and there are still two weeks to go. It’s a striking uptick, especially considering the rather muted funding environment in broader Europe, which is on course for its worst year since 2020.   The Netherlands stands to be Europe’s fourth best-funded ecosystem for 2024. It ranks two places…

According to the 2024 Global Startup Ecosystem Report by Startup Genome, the Netherlands ecosystem is now ranked number 13 in the world — placing it ahead of both Paris and Berlin. In 2023, Dutch startups raised $2.2bn. While there have been fewer startup deals this year, overall investment is up, according to figures from the Dutch Startup Association. And for some startups and scaleups, 2024 was truly a monumental year. Picnic raises one of Europe’s largest rounds  Having grown its business 40% in 2023 following international expansion across France and Germany, Dutch online supermarket Picnic kicked off the year in…

Baller League — a new six-a-side football league that has attracted support from legends like Ronaldinho, Gary Lineker, and Luis Figo — has raised $25mn from EQT Ventures as it looks to initiate a “new era” for the beautiful game.  German entrepreneur Felix Starck co-founded the Baller League last year alongside former players Mats Hummels and Lukas Podolski. The founders wanted to change the way younger audiences engage, view, and interact with the world’s most popular sport.  The league, which is now expanding from Germany to the UK and the US, comprises shorter 30-minute matches that are available to stream…

Boston Dynamics’ robot dog “Spot” has become somewhat of an internet sensation, no doubt thanks to its (perhaps disturbingly) killer dance moves or displays of super-strength.    But Spot is far from the only robodog on the block. One of its competitors is ANYmal, an autonomous quadruped that’s impressively good at everything from parkour to climbing ladders.    Apart from doing tricks, ANYmal also has a real job. It does routine inspections in some of the toughest places on Earth. Think old nuclear power plants, abandoned mines, and offshore oil rigs.  Cameras, sensors and gas detectors act as the robodog’s eyes…

Microsoft probably needs no introduction. But in case you are not familiar with the Microsoft for Startups program, it is an initiative that provides free licences and Azure credits to selected software entrepreneurs over the course of three years.  Needless to say, its general manager, Hans Yang, is somewhat of an expert when it comes to identifying the ideas that will make it to market and that particular drive he calls “founder energy.”  “With some founders, it is immediate — you can see it right off the bat,” Yang tells TNW during an interview at the Red Bull Basement global…

From bricklaying robots to zero-carbon cement, startups are shaking up construction in a high-tech bid to build better, greener structures.  One of these early-stage ventures is Finland-based Aisti. Founded in 2019, the company has come up with a way to make acoustic tiles that are “carbon-negative.” Acoustic panels are a common construction material used to reduce noise and improve sound quality in buildings. Aisti has raised €29mn in a mix of VC and debt funding to build its first industrial-scale factory in Kitee, a small town about four hours northeast of Helsinki.  The startup plans to bring the tiles to market…