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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · today 10:35 EDT

No hype, no pitch decks: Cyprus’ Aiphoria quietly built a bootstrapped, profitable AI company; now raises $34M at $150M valuation

Limassol, Cyprus-based Aiphoria, an AI startup specialising in delivering enterprise-grade voice-first AI agents, has secured $34M (€29.5M) in a funding round led by Ratmir Timashev, co-founder of Veeam Software. Ratmir has a track record of identifying and nurturing category-defining companies. “What stood out to me wasn’t just the technology — it was the discipline, clarity, ... Read more Read more

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29.07.2025 ♒︎ Dear Aquarius, today you can expect a busy and vibrant day filled with a variety... Read more ›
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · today 04:50 EDT

Bavarian parliament pushes to unlock foundation capital for startups and VC funds in landmark resolution: Learn more

The Bavarian State Parliament has introduced a resolution aimed at accelerating innovation and entrepreneurship by mobilising foundation capital for startup investments. The proposal urges the state government to assess and revise investment regulations, specifically allowing state-affiliated foundations to invest up to 5 per cent of their capital in venture capital funds and fund-of-funds. “A major ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · today 02:51 EDT

Swiss-based MobyFly secures €10.8M to advance zero-emission hydrofoil ferry technology

🔍 Fact-Check Section – Information Sources Information sources used in this article: Research Sources (click to verify): Research-added information requires editorial verification. Switzerland-based MobyFly has secured CHF 10.1M (nearly €10.84M) in Series A funding led by Fonds Révolution Environnementale et Solidaire, supplemented by Crédit Mutuel Alliance Fédérale’s societal dividend and managed by Crédit Mutuel Impact. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 05:24 EDT

Amsterdam unicorn DataSnipper teams up with Microsoft to bring AI agents into the audit space

Amsterdam-based unicorn DataSnipper, an automation platform focused on audit and finance, announced a partnership with Microsoft to introduce AI agents into the audit space, fundamentally changing the way professionals work. The announcement comes eight months after the company won the 25th edition of Deloitte Technology Fast 50 2024. The Dutch company took the top spot ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · today 03:53 EDT

Berlin-based Tilla secures €2M to expand AI-powered maritime crew logistics platform

Berlin-based maritime tech startup Tilla has secured €2M in funding led by Motion Ventures, with strategic participation from Belgian shipping company EXMAR. This round brings the company’s total funding to €4M. The round also saw participation from Motion Ventures, a maritime venture capital firm managing a $100M maritime tech fund, alongside EXMAR, which operates over ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · today 05:56 EDT

Germany’s Certivity raises €13.3M to help companies simplify and automate regulatory compliance with AI

Munich-based Certivity, a RegTech (Regulatory Technology) startup, has raised €13.3M in a Series A funding round to scale its AI-driven platform for managing technical compliance. The round was led by Almaz Capital and UVC Partners, with support from existing investors Earlybird X, High-Tech Gründerfonds (HTGF), and Plug and Play. “Certivity is setting a new standard ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 06:14 EDT

Amsterdam’s D2X secures €4.3M to grow Europe’s first MiFID-licenced crypto derivatives exchange

Amsterdam-based D2X, a crypto derivatives exchange for institutions, has raised €4.3M in a funding round from CMT Digital, Circle Ventures, and Canton Ventures. CMT Digital is a global blockchain and web3 proprietary trading and venture capital firm focused on early-stage investments that accelerate the adoption of blockchain technology. Charlie Sandor, Investment Partner at CMT Digital, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 07:51 EDT

EU-Startups acquires València-based weekly startup newsletter ‘Who Got Funded?’

València, Spain-based Who Got Funded?, a fast-growing newsletter spotlighting the most promising startups across Europe, has officially been acquired by EU-Startups, a Barcelona-based online magazine that covers startups. “Back in November 2023, I had just wrapped up my journey at Glissandoo – my previous startup, where I spent five amazing years – when I decided ... Read more Read more

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Other news
older that 24 hours
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/28/2025 10:45 EDT

Zurich’s Modulos secures €9.3M to scale its AI governance platform ahead of EU AI Act’s enforcement 

Zurich-based Modulos, an AI governance platform, announced the completion of its CHF 8.7M (approximately €8.96M) in a pre-Series A funding round. The funding round was supported by existing investors who have backed Modulos’ long-term vision since the early stages of EU AI Act development. The investment positions the company to take advantage of the fast-growing ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/28/2025 09:40 EDT

Amsterdam’s publishing and media relations platform Presspage acquired by US-based Banyan Software

Atlanta-based Banyan Software has acquired Amsterdam’s Presspage, a newsroom and media relations platform. Founded in 2008, Presspage provides technology for PR and communications teams to manage newsrooms, distribute content, engage with media, and measure impact.  The Dutch company supports users across North America, Europe, and Asia in simplifying PR processes and demonstrating strategic value. The ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/28/2025 09:17 EDT

German unicorn 1KOMMA5° expands €150M pre-IPO round; commits €100M+ to scale Heartbeat AI

Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, has expanded its €150M pre-IPO financing round, which was completed in December 2024. Sabanci Climate Ventures, the ClimateTech investment arm of the Turkish Sabanci Group, joins as a new investor. The additional capital will help grow and expand Heartbeat AI, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/28/2025 08:19 EDT

US-based NiCE snaps up European conversational and agentic AI powerhouse Cognigy in €820M deal

New Jersey-based NiCE, a company specialised in AI-powered customer experience, announced that it has entered into a definitive agreement to acquire Cognigy, a Düsseldorf-based company specialised in conversational and agentic AI. NiCE’s Board of Directors unanimously approved the agreement to acquire Cognigy in a transaction that values Cognigy at approximately $955M (approximately €820M). The transaction ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/28/2025 07:32 EDT

Greece-based STIQ bags €20M from EIB to expand its AI cloud kitchen platform across Europe

Athens-based STIQ, a company transforming healthy dining in Greece, has raised €20M in funding from the European Investment Bank (EIB). This investment is structured as venture debt with quasi-equity features. It is part of the EIB’s strategy to promote digital transformation and innovation in Southern and Eastern Europe. Yiannis Tsakiris, Vice-President of EIB, says, “This ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/28/2025 06:27 EDT

Dutch VC deal value rebounds in Q2 2025, but exit and PE deal activity still subdued: PitchBook report

The Dutch private capital market reflected a quarter of contrasts in Q2 2025, as investors and companies navigated macroeconomic uncertainties stemming largely from global tariff tensions. Overall, deal activity in both venture capital and private equity declined compared to previous quarters.  However, late in the quarter, signs of recovery emerged, particularly in private equity, indicating ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/28/2025 04:52 EDT

Munich’s Project Q secures €7.5M to boost Europe’s sovereign defence and scale its Internet of Defence capabilities

Munich-based Project Q (Q), a European defence tech startup, has secured €7.5M in a Seed round of funding. The investment was led by Project A, with participation from Expeditions Fund and Superangel. Q develops interoperable, real-time intelligence systems that address capability gaps in situational awareness, decision-making, and operational performance within defence operations. Uwe Horstmann, General ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/28/2025 03:30 EDT

Norway’s AI geoscience firm Earth Science Analytics acquired by Australia’s IMDEX

Australia-based IMDEX Limited, a mining services firm, has acquired Norway-based Earth Science Analytics, an AI-driven geoscience software company, as part of its continued push to scale its digital orebody intelligence capabilities across minerals, energy, infrastructure, and beyond. The Australian company will initially acquire an 80.5 per cent controlling equity interest for A$26M (approximately €14.54M). The ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/28/2025 01:59 EDT

Browzwear acquires Amsterdam’s Lalaland.ai to strengthen AI capabilities in digital fashion development

Singapore-based Browzwear, a digital apparel development solutions provider, has acquired 100 per cent of Amsterdam’s Lalaland.ai, a company that develops AI-generated fashion models. Financial details of the deal were not disclosed. Founded in 2019 by Michael Musandu and Ugnius Rimša, Lalaland.ai developed the first AI-generated fashion models. The company enables brands to display garments on ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/26/2025 05:46 EDT

In other news this week: Zvilo expands debt facility to €75M, Makersite raises €60M

This week has been busy for European startup sectors.  Many companies have secured significant funding, formed strategic partnerships, and made important acquisitions. While we try to keep up with all the news, it’s hard to stay on top of everything. It’s been one of those weeks where the pace of news made it nearly impossible ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/25/2025 10:45 EDT

AI Tool of the Week: RoomRaccoon introduces RaccoonRev Plus to transform hotel pricing strategies

Based out of Breda, the Netherlands, RoomRaccoon is a hotel management system for independent hotels and accommodation businesses.   RoomRaccoon was founded in 2017 by hotel owner and tech entrepreneur Tymen van Dyl. Its cloud-based platform offers hoteliers a comprehensive range of products and solutions designed to increase revenue, streamline operations, and enhance the guest experience. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 07/25/2025 09:17 EDT

Amsterdam’s Avantium secures €10M from Invest-NL to boost liquidity amid planned equity raise

Amsterdam-based Avantium, a company specialising in sustainable chemistry technologies, has secured €10M senior debt financing from Invest-NL to meet short-term liquidity requirements. Invest-NL is an impact investment firm focused on driving sustainability and innovation in the Netherlands. The firm finances visionary entrepreneurs and projects that contribute to the future economy, aiming for both impact and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 07/25/2025 08:13 EDT

French firm MagREEsource secures €23M to build Europe’s first sustainable permanent magnet factory

Noyarey, France-based MagREEsource, a deep-tech industrial company, has secured €23M in its latest funding round. The round was led by Fonds SPI 2, managed by Bpifrance on behalf of the French government under the France 2030 initiative. Other backers include FININDUS (ArcelorMittal and the Flanders Region), INNOVACOM, BNP Paribas Développement, C2AD, Fonds Régional Avenir Industrie ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/25/2025 06:52 EDT

Madrid-based Ucademy secures €3.5M to personalise test prep with AI and expand learning verticals

Madrid-based Ucademy, an edtech startup reshaping academic test preparation, has secured €3.5M in a funding round, led by Inveready with participation from Sabadell Venture Capital. Inveready is an asset management firm that focuses on small and medium-sized enterprises. It manages over €2.2B in assets and has more than 60 employees across its headquarters in San ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 07/25/2025 06:49 EDT

Milan-based SunCubes secures €1.1M to develop laser-based drone charging technology

Milan-based SunCubes, a company that claims to be pioneering energy transfer via laser technology, has secured €1.1M in Seed funding. The round was jointly led by RoboIT and CrossConnect, both programmes of CDP Venture Capital’s National Accelerator Network. The round also saw participation from Plug and Play Tech Center and ELIS. The investment will enable ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/25/2025 05:08 EDT

German warehouse software startup pyck picks up €2.6M in Seed funding

Germany-based pyck, a warehouse software startup, has secured €2.6M in Seed funding to advance its open-source and AI-focused toolkit for logistics infrastructure. Thorben Rothe, Partner at IRIS, says, “At IRIS, we look for outstanding tech teams who are reshaping critical infrastructure categories with long-term impact. The warehousing software stack has been stuck in the past ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/25/2025 05:03 EDT

NATO Innovation Fund appoints these two deep tech veterans as investment partners; founding team partner Kelly Chen departs

The NATO Innovation Fund (NIF), an independent venture capital firm backed by 23 NATO Allies, has announced the appointment of two seasoned deep-tech investors to its investment team. Industrial adoption and deep-tech expertise will be crucial to implement the agenda agreed at the 2025 NATO Summit. In the light of the Alliance’s strategic needs, Ulrich ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/25/2025 03:22 EDT

Swiss chipmaker STMicro to acquire Eindhoven-based NXP Semiconductors’ MEMS sensor business for €808.1M

Switzerland’s semiconductor company STMicroelectronics has agreed to acquire Dutch-based NXP Semiconductors’ MEMS sensor business for a total purchase price of up to $950M (nearly €808.17M) in cash.  The agreement includes $900M (nearly €765.59M) payable at closing and $50M (nearly €42.53M) contingent on the achievement of technical milestones. The deal, funded through existing liquidity, is expected ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/24/2025 11:45 EDT

What’s in a Name: How Amsterdam’s Brighter Signals shows naming doesn’t need to be a gimmick

In a world racing toward smarter, more intuitive machines, the ability to truly understand touch has become a pressing need—not just in labs, but in real-life applications from robotics to healthcare.  Yet until recently, most tactile sensing technologies have been too expensive or inconsistent for widespread use. That’s where Brighter Signals comes in. Based out ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/24/2025 10:11 EDT

Amsterdam’s Fortaegis secures TNO backing to develop quantum-resistant chips for military and civilian use

The Hague-based TNO, an independent organisation for applied research, has entered into a strategic partnership with Fortaegis, an Amsterdam-based deep-tech scale-up pioneering a new generation of secure chip technology. By leveraging TNO’s technological expertise, networks, and infrastructure, this collaboration will help accelerate the development of a new generation of security where protection is built into ... Read more Read more

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29.07.2025 13:13
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