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Silicon Canals
Editorial team @ Silicon Canals 1 place · today 05:12 EDT

In other news this week: Utrecht’s Amigos raises €2.5M, Matias Tesolin joins GoDutch as CPTO, Sateliot secures €70M, and more

Not all important news makes the front page. As the tech world races forward, a few key updates might’ve slipped through the cracks. Here’s our roundup of what else went down this week across Europe’s startup and VC scene. GoDutch names Matias Tesolin as Chief Product & Technology Officer Fresh off his exit from Ligo, ... Read more Read more

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29.03.2025 ♍︎ Today will be a very successful day for the zodiac sign Virgo in terms of... Read more ›
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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 03/28/2025 10:51 EDT

Amsterdam continues to solidify its position as a leading startup hub in Europe, hosting approximately 1,219 startups—about 45 per cent of the Netherlands’ total.  Despite a slight dip in the 2024 Global Startup Ecosystem Index, the city remains a magnet for talent and investment.  In March 2025, several Amsterdam-based startups secured significant funding, reflecting the ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 03/28/2025 08:10 EDT

Germany’s Marvel Fusion secures €50M to build ‘world’s first’ laser-based fusion power plant

Munich-based Marvel Fusion, a fusion energy company, has extended its Series B funding round by €50M, bringing the total to €113M.  The German company has extended its Series B funding round, bringing its total raised capital to €385M, to date. This includes €170M in private investments and €215M in public cooperation projects. The latest extension ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/28/2025 06:32 EDT

Amsterdam’s NUNC Capital launches €20M initiative to back emerging Ukrainian defence tech

Amsterdam-based NUNC Capital, a firm that backs startups and scale-ups in the defence industry, has launched a €20M early-stage Venture Building Initiative. The initiative aims to connect Europe’s defence markets with Ukraine’s defence technology sector. NUNC Capital plans to establish a Forward Operating Base in Ukraine to identify and support startups working on new defence ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/28/2025 04:50 EDT

Dutch-based DOPS Recycling Technologies secures €5M to convert waste into valuable raw materials

Alkmaar-based DOPS Recycling Technologies, a Dutch developer of Direct Carbon Immobilisation (DCI) technology, has secured €5M in seed round funding. This process converts waste into raw materials with minimal CO2 emissions. The round was led by the Rotterdam Energy Transition Fund, ROM InWest, the North Holland Innovation Fund, Init Power, CarbonFix, and Alphatron. Jesse In ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 03/28/2025 04:34 EDT

AI Tool of the Week: How amberSearch aims to become your company’s AI brain

You quickly search for information but can’t find anything in the company’s internal systems. After reaching out to colleagues and finally locating the correct document, you still spend a lot of time composing an email. Have you experienced this? Meet amberSearch, a German technology company that provides an AI-powered search solution to businesses, instantly connecting ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 03/28/2025 04:00 EDT

Utrecht’s Brainial bags Investment from Pieter Schoen to tackle Europe’s tender troubles

Utrecht-based Brainial, an AI-based tender assistant that creates better proposals faster, has secured fresh funding to simplify tender procedures. The funding amount, however, remains undisclosed. The investment comes from Dutch entrepreneur Pieter Schoen, providing resources for founders Fedor Klinkenberg and Taco Hiddink to expand their company. Brainial will use the funds to improve its product, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/27/2025 09:30 EDT

For SMEs, IT procurement is often a complex, time-consuming, and costly process. Unlike large corporations with dedicated procurement teams, SMEs struggle with limited resources, a lack of technical expertise, and the challenge of selecting the right technology that aligns with their business needs. Based out of London, Ooodles is reshaping IT procurement for SMEs with ... Read more Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 03/27/2025 08:38 EDT

AI in Business: How Soft2Bet Balances Innovation and Ethics

AI has fundamentally changed how businesses operate and Soft2Bet, being all about innovation, jumped in on this trend as soon as it emerged. AI has become commonplace in daily life, from customer service chatbots to content recommendations. However, an ethical dilemma has emerged as businesses like Soft2Bet feed AI with overwhelming amounts of data. Should ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/27/2025 08:09 EDT

Globally, numerous cities today face a growing set of environmental and infrastructural challenges. Pollution levels continue to rise, climate change brings unpredictable weather patterns, and ageing infrastructure struggles to keep up with increasing demand. Rapid urbanisation further amplifies these issues, leading to severe traffic congestion, housing shortages, and strained public services. Without effective planning tools, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/27/2025 06:18 EDT

ClimateCamp bags €3.5M to clean up supply chain emissions

Antwerp-based ClimateCamp, a Belgian company that offers tools to engage suppliers, calculate carbon footprints, and reduce Scope 3 emissions, has secured €3.5M in seed funding. In Europe, Scope 3 emissions include indirect greenhouse gas emissions from a company’s value chain that are not directly owned or controlled by the company.  These emissions come from both ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/27/2025 04:30 EDT

Avoxt secures funds to create advanced technologies for efficient and affordable hydrogen production

Avoxt, a startup based in Groningen and Eindhoven, has secured an investment from Future Tech Ventures, the NOM, and the Brabant Startup Fund. The funding amount, however, remains undisclosed. The Dutch company previously received a Rabo Innovation Loan, bringing its total funding to over €1M. The new electrolyser technology developed by Avoxt aims to improve ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 03/27/2025 04:16 EDT

Rotterdam announces €500K Circular Innovation Fund to support local SMEs: How to Apply?

The municipality of Rotterdam has announced the availability of €500,000 in funding specifically aimed at promoting circular innovations among small and medium-sized enterprises (SMEs).  This initiative is designed to assist a range of businesses, from budding startups with novel concepts to established companies seeking to modify their operations in line with sustainable practices. The Circular ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/26/2025 10:32 EDT

Italy’s HypeSound raises €1.2M to boost microbial growth using low-frequency acoustics

Italy‘s HypeSound, a startup employing an advanced acoustic modulation system to improve bioproduction efficiency, has raised €1.2M in a pre-seed round. The funding round was led by Eatable Adventures and backed by other strategic investors, including CDP Venture Capital, Nextup, Vento Ventures, Athena FH, and Ulixes Capital. The funding will help the Italian startup open ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/26/2025 09:35 EDT

London-based Maiven secures €1.7M to help businesses navigate climate policies with AI

London-based Maiven, a startup utilising AI to help businesses identify the most relevant climate policies, has secured €1.7M in funding from impact investors. The investors include Pale Blue Dot, Ada Ventures, Tiny VC, Ventures Together, Earth, and angel investors, including Dorothy Chou, Brandon Mhangami, and Daphne Dovermann. Medium and large companies don’t always know what ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/26/2025 06:56 EDT

Germany’s Specter Automation secures €5M to boost construction site efficiency through digitalisation

Cologne-based Specter Automation, a German construction tech startup, has expanded its seed funding round to over €5M to advance its 3D site management technology. The round includes investments from Shilling VC, Almaz Capital, and PAWAO, along with contributions from superangels and industry experts in architecture, construction, and innovation. Existing investors TechVision Fund, LBBW Venture Capital, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 03/26/2025 06:29 EDT

Blokker’s final clearance: 350 stores closed, €103M in liquidation

Amsterdam-based Blokker, a prominent household retail chain, ceased its operation at most of its locations after filing for bankruptcy in November 2024. The company, which had struggled with financial difficulties for years, closed approximately 350 of its remaining 400 stores by the end of December, reports NLTimes. Only about 40 independently operated franchise locations continue ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/26/2025 05:00 EDT

Marseille-based GravitHy secures €60M to advance low-carbon iron production and steel decarbonisation

Marseille-based GravitHy, a sustainable iron company, has completed a €60M funding round.  The investment attracted new backers, including Japan Hydrogen Fund, Marcegaglia, Ecolab (through Nalco Dutch Holding), Rio Tinto, and Siemens. Existing investors Engie New Ventures and InnoEnergy also contributed additional funding. Keiichi Suzuki, Japan Hydrogen Fund’s Partner and Head of Renewables & Sustainability, says, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/26/2025 04:39 EDT

Austrian firm Boxbase secures six-figure funding to power up CrossFit gym management

Vienna-based Boxbase, a gym management software for CrossFit boxes, has secured a six-figure pre-seed funding round led by Johannes Moser, co-founder of Immerok (acquired by Confluent). Angel investor Joe Moser says, “​There are many startups more glamorous than Boxbase, but I’ve rarely seen such a humble and driven founding team working relentlessly on a product ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/26/2025 02:56 EDT

Germany’s AMBOSS secures €240M to strengthen medical knowledge and support healthcare professionals

Berlin-based AMBOSS, a medical education and clinical decision-making platform, has closed a €240M financing round.  The investment includes new long-term investors and will support the company’s expansion into additional international markets. AMBOSS also plans to extend its offerings to nurses and other healthcare professionals. New long-term investors AMBOSS has changed its legal structure to a ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/25/2025 09:17 EDT

Berlin-based “Swiss Army Knife” of workflow automation platforms n8n secures €55M funding

Berlin-based n8n, a workflow automation platform, has secured €55M in a Series B funding round led by Highland Europe with participation from HV Capital and previous investors Sequoia, Felicis, and Harpoon. Highland Europe invests in exceptional growth-stage technology and consumer companies. It has raised over €2.75B and has invested in companies such as Adjust, AMCS, ... Read more Read more

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29.03.2025 16:04
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