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31.03.2025 − 06.04.2025
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 04/04/2025 06:47 EDT

Birmingham’s Grid Edge raises €3.3M to help businesses navigate energy price volatility

Birmingham-based Grid Edge, a company developing AI-powered software to reduce carbon emissions and energy costs in commercial buildings, has raised over £2.8M (approximately €3.3M) in funding. The funding round was led by Mercia Ventures, which was investing from the Midlands Engine Investment Fund II and its own EIS funds. Mercia Ventures is a proactive venture ... Read more Read more

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Fresh news
Silicon Canals
Vishal Singh @ Silicon Canals 1 place · today 05:29 EDT

Manchester-based Vypr, a product intelligence platform, has secured £5M (nearly €5.82M) in funding for expansion into international markets and related sectors. The company also plans to further develop its consumer insights technology. The investment included £4M from YFM Equity Partners and £1M from other investors and management. This round brings Vypr’s total funding to £13.4M, ... Read more Read more

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08.04.2025 ♈︎ Today will be a bit of a challenging day for Aries. In love, you may... Read more ›
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · today 02:00 EDT

Sweden’s Starhive raises €4.5M: Co-founder and CEO Tommy Nordahl on tackling inefficient IT asset management with AI and no-code tools

Stockholm-based Starhive, a flexible IT asset and service management provider, has secured $5M (approximately €4.5M) in pre-Series A funding led by Ventech. Ventech is a well-established early-stage venture capital firm in both Europe and Asia with a strong digital focus. With its dual structure platform, Ventech has dedicated funds for Europe (Paris, Munich, Berlin, Helsinki ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · today 03:47 EDT

London-based Untamed secures  €11.6M to improve diet options for cats

London-based Untamed, a human-grade cat food brand, announced that it has secured £10M (approximately €11.6M) in a Series B funding round led by New York consumer VC firm Coefficient Capital. Coefficient Capital leads investments in high-growth consumer brands that align the physical world with the digital universe. It offers capital, expertise, connections, and its brand ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/07/2025 10:34 EDT

London-based Atempo Growth, a pan-European growth debt provider, announced the first close of €300M towards its second fund — Atempo Growth II. The latest funding close brings the total assets under management by the firm to over €700M.  Atempo Growth’s second fund will support high-growth technology companies in Europe by providing flexible financing. Tina Page, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/07/2025 10:37 EDT

On World Health Day, meet the Dutch healthtech startups that raised funding in 2025; 5 of them are hiring

After the end of Q1 2025, it’s clear that Dutch startups are entering the year with renewed strength and momentum. The fifth edition of the State of Dutch Tech report reveals that tech companies in the Netherlands raised €3.1B in venture capital over the past year—a 47 per cent increase that signals growing confidence in ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · today 08:44 EDT

London-based NexGen Cloud, a technology firm providing sustainable AI cloud solutions, has closed its Series A funding round, securing $45M (nearly €41.10M). The funding brings the company’s post-money valuation to $354M (nearly €323.36M). NexGen Cloud received funding from high-net-worth individuals and family trusts. The company plans to use the proceeds to expand its capacity across ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 08:31 EDT

Amsterdam-based Carbon Equity, a climate venture capital and private equity investment platform announced the first closing of €105M for its Climate Tech Portfolio Fund III. The latest close brings the total amount raised to €300M. The platform now boasts over 1,260 investors. The Dutch VC launched Climate Tech Portfolio Fund III, last year with a ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 06:59 EDT

Nijmegen, the Netherlands-based QurieGen, cellular technology company, has raised €2.2M in a pre-seed funding round. The project has been backed by a syndicate of investors from the CEE region: Tensor Ventures, Lighthouse Ventures, BSV Ventures, Moondust Ventures, and 22 Hor Invest. Additionally, venture US capital investor Tim Draper of Draper Associates (who invested in companies ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · today 03:01 EDT

Linköping-based Polar Light Technologies, a Swedish quantum opto-electronics developer, has completed a funding round totalling SEK 34M (nearly €3.10M). The round attracted interest from both current and new investors. Major shareholders took part, including Stoaf SciTech, fam Bo Eklöf (which increased its stake), Almi Invest, Sustainable Energy Angels, Butterfly Ventures, and LiU Invest. J2L Holding ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/07/2025 08:43 EDT

UK-based Different Dog, a direct-to-consumer dog food brand, announced that it has secured £10M (approximately €11.6M) in funding from new and existing investors. The company will use the funds to move to a new state-of-the-art facility in Telford, the ‘dog capital of the UK’, expanding its capacity to serve thousands more dogs with its hand-cooked, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/07/2025 06:43 EDT

Modena, Italy-based Axyon AI,  a provider of Predictive AI-powered solutions for the investment management sector, has secured a further €4.3M led by CDP Venture Capital. CDP Venture Capital is an asset management company participated by CDP Equity (70 per cent) and Invitalia (30 per cent) to make venture capital a cornerstone of Italy’s economic development ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/07/2025 05:39 EDT

French fintech unicorn Pennylane rakes up €75M from Sequoia, others to scale its all-in-one finance platform for SMEs

Paris-based Pennylane, a company building a financial OS (Operating System) for European SMEs, has secured €75M from Meritech, Capital G, and its historical shareholders Sequoia and DST. “This fundraising illustrates the confidence of our investors and confirms our ambition to make Pennylane the benchmark solution in integrated financial management and electronic invoicing,” says Arthur Waller, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/07/2025 05:20 EDT

London-based Sagittal AI raises €1.9M to expand human-centred AI platform for software development

London-based Sagittal AI, a company that develops AI solutions designed to align with human workflows, has raised $2.2M (nearly €1.99M) in a pre-seed funding round.  The round was led by Twin Path Ventures, with participation from SineWave Ventures, Fuel Ventures, Blue Lake VC, and angel investor Husayn Kassai, founder of Onfido and Quench AI. Transforming ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/07/2025 02:43 EDT

Dutch-based Urban Mobility Systems acquired by Cologne’s DEUTZ

Cologne-based DEUTZ, an engine company, has signed an agreement to acquire 100 per cent of the shares in Dutch-based Urban Mobility Systems (UMS) and its parent company, UMS Holding BV. UMS specialises in the electrification of off-highway vehicles. The acquisition supports the growth of DEUTZ’s “New Technology” segment and aims to strengthen the company’s position ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 04/05/2025 05:16 EDT

In other news this week: UNIIQ invests in six South Holland startups, Redstone launches €60M fund, PhotonVentures invests in Lumai, and others. 

In this fast-paced world of technology, startups, and scale-ups, covering every single story can be challenging. We at Silicon Canals strive to provide our audience with the up-to-date news possible, uncovering the latest funding rounds, acquisitions, and innovative developments in the tech industry. However, we do miss out on the news sometimes. In this article, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 04/04/2025 10:24 EDT

AI Tool of the Week: How SpecScan uses AI to simplify and accelerate construction processes

The construction industry has long relied on manual processes, leading to inefficiencies, delays, and higher costs. As projects grow in complexity, the need for digital solutions becomes more urgent to improve accuracy, streamline workflows, and enhance collaboration. In this edition of AI Tool of the Week, we spotlight SpecScan, an AI platform transforming the construction ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 04/04/2025 09:26 EDT

Denmark’s BioCirc raises €40.2M; looks to complete €134M worth of green energy projects by 2025

Copenhagen-based BioCirc, a circular bioeconomic company, has completed an internal fundraising round of DKK 300M (nearly €40.20M). The funds will support the company’s projects totalling DKK 1B (nearly €134M) by 2025, including a biogas facility in Skive. BioCirc has called an extraordinary general meeting to address investor interest following an oversubscribed fundraising round among shareholders ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/04/2025 06:50 EDT

Dutch-based Vivera to acquire plant-based meat brand The Vegetarian Butcher from Unilever

London-based Unilever, a consumer packaged goods company, announced that it has received a binding offer from Dutch-based Vivera to acquire plant-based meat brand The Vegetarian Butcher. Rutger Rozendaal, CEO at The Vegetarian Butcher, says, “We are very excited for The Vegetarian Butcher to be joining forces with Vivera, as it will bring the opportunity to ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 04/04/2025 06:47 EDT

Birmingham’s Grid Edge raises €3.3M to help businesses navigate energy price volatility

Birmingham-based Grid Edge, a company developing AI-powered software to reduce carbon emissions and energy costs in commercial buildings, has raised over £2.8M (approximately €3.3M) in funding. The funding round was led by Mercia Ventures, which was investing from the Midlands Engine Investment Fund II and its own EIS funds. Mercia Ventures is a proactive venture ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/04/2025 05:56 EDT

Luxembourg’s Exobiosphere raises €2M to accelerate drug discovery in space; here’s why and how

Luxembourg-based Exobiosphere, the world’s first contract research organisation dedicated to drug discovery in space, has raised €2M in a seed funding round. The round was led by Expansion Ventures, with participation from Expon Capital, Boryung, and Space Data Inc. Expansion Ventures is a €200M pan-European venture capital fund backing category-defining founders in aerospace and defence. ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/04/2025 04:05 EDT

Tallinn-based Ultra raises €10.8M to build a unified platform for gamers, creators, and developers

Tallinn-based Ultra, a next-gen entertainment platform, has raised $12M (nearly €10.85M) in fresh funding. Luxembourg’s multi-family office NOIA Capital led the round through its NOIA Digital Assets fund. The investment follows the appointment of Gus van Rijckevorsel as CEO. “With new leadership, a clear vision, and growing momentum, we’re setting the stage for a new ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/04/2025 03:51 EDT

Swedish Algae Factory raises €3M to scale its sustainable algae products

Gothenburg-based Swedish Algae Factory, a company specialising in utilising the microalgae group diatoms, has secured €3M in additional funding (loans and grants) from new and existing investors, such as Chalmers Ventures. Chalmers Ventures is a Tech Investor and Venture Builder in the Nordics, dedicated to creating global growth companies and taking new technology from lab ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/03/2025 10:55 EDT

Eindhoven-based ANTENNEX, a company specialised in antenna measurement solutions, announced that it has secured additional funding from Borski Fund to boost its international growth and innovation. The company plans to use the new funding to enhance its product offerings and meet growing global demand.​ Based out of Amsterdam, Borski Fund is a venture capital firm ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/03/2025 10:06 EDT

What’s in the name: Co-founder Maurice Schweitze on how the Greek language and a 30-minute decision shaped Bliro’s identity

Efficient communication is the key for businesses to stay ahead in today’s rapidly developing digital environment. With companies handling countless customer interactions daily, capturing and analysing these conversations can provide invaluable insights, significantly increasing productivity. This is where conversation intelligence platforms come in, helping businesses streamline communication, automate repetitive tasks, and enhance decision-making. Meet Bliro ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/03/2025 07:38 EDT

[Exclusive] Amsterdam AI startup Rembrandt bags funding: Co-founder Vincent Wijdeveld on building the ‘crystal ball’ for revenue teams

Amsterdam-based Rembrandt (formerly Cocraft), an AI-powered revenue intelligence platform, has secured €330,000 in funding. The funding comes from three seasoned angel investors—two with deep expertise in machine learning and AI and one with a proven track record in SaaS sales. The investment announcement comes a week after rebranding its name from Cocraft to Rembrandt to ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/03/2025 06:39 EDT

Grasse-based Ecoat, a French green-tech scale-up, has closed a €21M funding round to advance its work in the coatings and paints sector.  According to the Frech company, this industry accounts for 2 per cent of global industrial greenhouse gas emissions. Ecoat focuses on replacing fossil-based binders with bio-based, low-carbon alternatives to reduce emissions. Ecoat raised ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 04/03/2025 05:04 EDT

GRACE, a Franco-Swiss fintech company enabling luxury brands to offer built-in protection against theft and loss, has secured €5.9M in seed funding.  The round was led by FinTech Collective and Speedinvest, with participation from Firstminute Capital, Purple (Laurent Ritter’s fund), Kima Ventures and Bpifrance.  Notable investors including Didier Valet (former MD, Société Générale), Eric Mignot ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/03/2025 04:14 EDT

The Hague-based InnovationQuarter, a regional economic development agency for the Province of Zuid-Holland, announced the appointment of Lars Crama as its new Managing Director/Manager, effective June 1. As the new director of InnovationQuarter, Crama will also play a central role in strengthening cooperation with public stakeholders in South Holland. He takes responsibility for bringing governments, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 04/03/2025 03:18 EDT

London-based Unravel, a company using AI for video-based travel commerce, has raised $7M (nearly €6.38M) in a Series A round of funding. The investment round was led by Nauta Capital, a European B2B software investor, with contributions from Active Partners, Slingshot Ventures, and Olivier Bisserier, former CFO of Booking.com. Other participants include Antler, Nodes, Upscalers, ... Read more Read more

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08.04.2025 09:09
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