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Vignesh R. @ Silicon Canals · 10/17/2023 09:18 EDT

Amsterdam-based PULSE Sport bags €250k from SportInnovator to help athletes improve performance

Amsterdam-based PULSE Sport, an athlete performance monitoring and sports management platform, announced on Tuesday that it has secured its first investment ticket of €250k in a pre-seed round from SportInnovator.  PULSE Sport says it will utilise the investment to advance their pilot phases, enhancing their organisational structure, lab facilities, and ensuring a steady supply of […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/17/2023 08:21 EDT

Amsterdam-based Merqato secures €350K to predict fruit, vegetable price and volumes: Here’s how

Amsterdam-based Merqato, a data and market intelligence company, announced on Tuesday that it has received a €350,000 convertible loan from Innovatiefonds Noord-Holland.  Thomas Beelaerts, co-founder of Merqato, says, “We will use the investment from Innovatiefonds Noord-Holland to further develop our ‘forecasting tool’ together with pilot partners. In this way we will contribute to better valorisation […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/17/2023 07:10 EDT

Amsterdam’s Rockstart co-invests €3.5M in Copenhagen-based Klimate.co: Know more

Rockstart, a global early-stage venture capital and accelerator firm, announced on Tuesday that it has co-invested in Copenhagen’s Klimate.co, a Rockstart Energy portfolio company. Max ter Horst, Managing Partner of Rockstar Energy, says, “Klimate operates within the rapidly expanding sector of carbon removal initiatives, a critical component in achieving climate objectives aimed at limiting global […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/17/2023 07:04 EDT

Belgium’s CheckHub bags €1M to enhance document management innovation

CheckHub secures €1M funding to transform document management, boosting efficiency, compliance, and cost savings for businesses worldwide. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/17/2023 06:45 EDT

Electriq gets €1.1M grant from Netherlands Enterprise Agency, to build hydrogen powder plant in Amsterdam 

Israel-based Electriq Global, a pioneer in Solid Hydrogen Carriers, announced that it has been awarded a €1.1M grant from the Netherlands Enterprise Agency (RVO).  Electriq plans to build a Hydrogen Powder manufacturing plant on the premises of Zenith Energy Terminals in Amsterdam. The plant will be powered by Zenith’s renewable energy and is expected to […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/17/2023 05:01 EDT

Erasmus Enterprise and Yes!Delft join ScaleNL ecosystem as corporate partners: Here’s why

ScaleNL, a public-private innovation and growth platform that offers a launch platform in the US to Dutch tech startups, announced that it has forged a corporate partnership with Erasmus Enterprise and Yes!Delft. Erasmus Enterprise and Yes!Delft now officially join other corporate partners like Rabobank, De Brauw, and Wilson Sonsini.  Ernst Hoestra, CEO of Erasmus Enterprise, […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/17/2023 04:05 EDT

US-based General Catalyst and Berlin’s La Famiglia unite for European expansion: Know more

California-based venture capital firm General Catalyst and Berlin’s La Famiglia, an early-stage VC fund backing entrepreneurs across Europe and the US, have announced their collaboration. The companies have joined forces to create a global venture firm, leveraging local market expertise, global access, and shared values. Their goal is to accelerate positive change and build resilient, […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 2 place · 10/17/2023 03:52 EDT

Germany’s Lanes & Planes bag €33M to fuel company growth in Europe

Lanes & Planes secures €33M Series B investment from Smash Capital to accelerate innovative corporate travel solutions. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/17/2023 02:09 EDT

Amsterdam’s Fastned raises €30.4M in new bonds issue to expand its EV fast-charging network

Amsterdam-based Fastned, a provider of a fast-charging network for electric vehicles, announced on Tuesday that it has secured €30.4M with the issue of new bonds. Additionally, investors have extended €3.5M worth of investments from earlier issues. The company issued bonds with a 6 per cent coupon rate and a 5-year maturity period. This marks the […] Read more ›

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Silicon Canals
Business Wire @ Silicon Canals · 10/16/2023 11:01 EDT

Creative Force Raises $8.9M in Series A to Transform E-Commerce Content Production with Generative AI

Creative Force’s end-to-end, creative operations workflow platform streamlines high-quality e-commerce content production at scale and increases efficiency by up to 30%, freeing creatives to spend more time creating BOSTON & HOLSTEBRO, Denmark–(BUSINESS WIRE)–Creative Force, the leading end-to-end creative operations workflow platform for e-commerce retailers and brands, today announced it has raised $8.9 million in Series […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/16/2023 08:53 EDT

Ampacimon bags €10M to accelerate grid enhancing technology: Know more

Belgium-based Ampacimon, a provider of grid monitoring solutions to optimise Transmission & Distribution assets, announced on Monday that it has secured €10M in a Series C round of funding. New investor Junction Growth Investors has joined the round, alongside continuing support from existing investors, such as Korys, Noshaq, Creos, and Gesval.  As a part of […] Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/16/2023 08:14 EDT

How to prepare for due diligence: Checklist for startup founders

Before putting their money into a company, venture capitalists (VCs) do a detailed analysis called due diligence. It involves verifying finances, evaluating the team, analyzing the market, assessing the business model, and other factors that determine the potential of the deal. Here’s what VCs usually want to find out before making an investment. #1. Founders’ […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/16/2023 07:57 EDT

PhotonDelta CEO Ewit Roos joins PhotonVentures; Laurens Weers to temporarily manage PhotonDelta

On January 1, 2024, CEO Ewit Roos will leave PhotonDelta to become a General Partner at Eindhoven-based deeptech VC firm PhotonVentures. In Roos’ absence, Laurens Weers, a board member, will manage PhotonDelta until a new CEO is appointed. PhotonDelta establishes an ecosystem for designing and manufacturing innovative solutions with integrated photonic technology. They provide coaching, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/16/2023 07:46 EDT

Dutch startups raised €420M in Q3, number of deals decreased: The Quarterly Startup Report

In the dynamic landscape of Dutch startups, the third quarter of 2023 has seen  resilient performance with entrepreneurs securing €420M in venture capital funding. This figure has been disclosed by The Quarterly Startup Report.    Released by Dealroom.co, Golden Egg Check, KPMG, the Regional Development Agencies (ROMs), Dutch Startup Association (DSA), and Techleap.nl, this report comprehensively […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/16/2023 05:39 EDT

Sweden’s Seven District invests in Devant to improve machine learning performance through synthetic data: Here’s how

Sweden-based Seven District, an investment company, announced that it has made a significant minority investment in Devant, a provider of human-centric synthetic training and validation data used in various industries to improve machine learning performance. The announcement comes four months after Devant announced its partnership with Seeing Machines, a provider of in-camera-based driver monitoring systems […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/16/2023 05:23 EDT

Flexibility and Stability: A look at how Atlas HXM helps technology startups with talent and expansion

Startups, after being the darling of venture capitalists and private investors for years, now find themselves in a place where they need to prioritise profitability. For years, tech startups have taken the approach of growth at all costs but investors are now steering them towards profitability. In this new startup landscape, entrepreneurs are not only […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/16/2023 05:10 EDT

Dutch-based DXRS bags funding to develop scalable extended reality platform

Eindhoven’s DXRS secures a pre-seed investment round to develop a scalable extended reality platform for market demands. Read more ›

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