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18.11.2024 − 24.11.2024
Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 11/22/2024 03:22 EDT

Swedish ‘flying ferry’ startup Candela secures additional €13.3M; charts course for US market

Stockholm-based Candela, a company specialising in hydrofoiling electric boats and ferries, has finalised its Series C funding round, raising an additional $14M (approximately €13.34M) to surpass $40M in total funding for 2024.  The capital will support scaling production to meet growing demand for its electric watercraft, including the Candela P-12. The P-12 has been sold ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/16/2023 05:08 EDT

Estonia’s Skeleton Technologies bag €108M to expand its supercapacitor manufacturing near Leipzig

Tallinn-based Skeleton Technologies, a company that manufactures and develops high-energy and power-density ultracapacitors, announced on Friday, October 13, that it has secured €108M in a fresh round of funding. The investment came from Siemens Financial Services (SFS), existing investor Marubeni Corporation, and Brazilian mining giant CBMM, which made its inaugural investment. The conglomerate, which includes […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/16/2023 04:43 EDT

Sweden-based Humly secures substantial investment to address teacher shortages

Swedish edtech firm Humly secures significant investment from Alfvén & Didrikson and Viking Venture to boost its growth in existing markets. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/16/2023 03:15 EDT

Amsterdam’s Arches Capital backs Dutch flexible workspace solution provider Wezoo: Know more

Dutch tech startup Wezoo announced that it has closed a pre-seed funding round led by Amsterdam-based Arches `Capital and supported by tech and hospitality industry angels. The investment amount has not been disclosed. Frank Appeldoorn, Managing Partner at Arches Capital, says, “The Wezoo team has a unique mix of capabilities that allows it to reshape […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 10/13/2023 09:13 EDT

London’s ALT21 secures €19.4M to grow its hedging platform

London-based ALT21, a hedging technology company, announced on Thursday, October 12, that it has raised $21M (approximately €19.4M ) in a pre-series A round million funding round.  The UK company will use the funds to sustain its growth trajectory and broaden the base of strategic partners to reach a larger demographic of SMEs.  ALT21  plans […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 10/13/2023 08:17 EDT

Amsterdam-based Convious raises an additional €8.5M in Series A extension round

Amsterdam-based Convious, an e-commerce platform for the leisure industry, announced on Friday that it has secured an additional $9M (approximately €8.5M) in a Series A extension funding round from Wille Finance with participation from Orbit Capital and existing investors. The announcement comes over a year after raising $12M (approximately €10.6M) in a Series A round […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 10/13/2023 07:37 EDT

Amsterdam’s xxllnc acquires Dutch tax software company Processfive: Know more

Amsterdam-based xxllnc, a leader in GovTech software, announced on Friday, October 13, that it has expanded its market position by acquiring Dutch tax software company Processfive. This move enhances xxllnc’s portfolio of tax applications and allows them to offer comprehensive solutions within the tax domain.  This acquisition marks the 11th move for xxllnc since its […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 1 place · 10/13/2023 05:39 EDT

EIT InnoEnergy invests in Dutch-based Methaplanet to help boost biogas production

Methaplanet has bagged funding, led by EIT InnoEnergy, to expand pellet production solutions for biogas plants. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 10/13/2023 05:35 EDT

Swiss-based Lakera AI launches to secure generative AI applications in the enterprise; bags €9.4M

Zurich-based Lakera AI, on Thursday, October 12, announced the formal launch of its AI security platform, enabling developers to secure generative AI applications in the enterprise. In addition to the launch, Lakera AI has secured $10M (approximately €9.4M) in a fresh funding round led by Redalpine.  Other founders, including Fly Ventures, Inovia Capital, and several […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/13/2023 04:37 EDT

Dutch-based Synerkine Pharma scores €5.3M to create innovative pain solutions

Synerkine Pharma, a biopharmaceutical company based in Leiden, has announced on Thursday that it has successfully secured €5.3M in an extension of its Series A financing.  The funding round was led by Flerie and was supported by new investors such as InnovationQuarter Capital and Utrecht Health Seed Fund, along with existing investor Thuja Capital.  The […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/13/2023 04:03 EDT

SumUp rival Lopay bags €6.95M to help small businesses with payments: Here’s how

London-based Lopay, an instant payment startup, announced recently that it has secured £6M (approximately €6.95M) in Seed round of funding from BackedVC, Portage, The Venture Collective, and a series of angel investors. The UK company will use the funds to accelerate the expansion of operations and its business reach. The funding comes after the company […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/13/2023 03:32 EDT

Amsterdam’s digital healthcare platform Roott raises €600K from Innovatiefonds Noord-Holland, others

Amsterdam-based Roott, a digital healthcare platform, announced on Friday that it has secured €600K in a pre-seed round of funding. Roott aims to empower individuals to manage their mental and physical health effectively. The investment comes from Healthy.Capital, Innovatiefonds Noord-Holland, and private investors including Marie Broeckman (mental health professional in the GGZ), Youri Vink (former […] Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/12/2023 09:26 EDT

Top 5 European markets job seekers really want to be a part of

Despite the onslaught of tech layoffs in the latter part of 2022 and throughout 2023, the job market remains in good health. For those looking for a new job, hiring remains competitive and isn’t showing any signs of slowing down.  In fact, according to recent research compiled by Indeed, there has been a 20% increase […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/12/2023 09:16 EDT

Amsterdam’s Circular Industries raises €2M for sustainable recovery of critical raw materials

Amsterdam-based Circular Industries, the project developers of the Urban Mining Factory – Printed Circuit Boards (‘UMF-PCB’), announced that it has secured €2M in an early-stage round of funding. Circular Industries (CI) is advancing the UMF-PCB project, emphasising circularity and geopolitical independence. CI aims to maximise the recovery of Critical Raw Materials from discarded printed circuit […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/12/2023 09:05 EDT

England’s myenergi secures €34M to reduce carbon emissions and energy consumption: Here’s how

Stallingborough, England-based myenergi, a smart home energy technology manufacturer, announced that it \secured £30M (approximately €34M) from Energy Impact Partners (EIP).  The announcement comes a few months after raising £30M (approximately €34M) debt from HSBC in April 2023.  myenergi says it will use the funds to support significant future growth and internationalisation. As part of […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/12/2023 07:30 EDT

Belgium-based Azumuta raises €2.8M to help companies digitalise shop floor operations

Ghent-based B2B SaaS platform Azumuta has announced that it has secured €2.8M in a fresh round of funding. Azumuta helps companies in the manufacturing industry streamline their work instructions, training, and audits on the shop floor.  The round saw participation from the Flemish investment company PMV, Angelwise, and four private investors. Platform to support workers […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 10/12/2023 06:39 EDT

UK AI startup TitanML raises €2.6M led by Octopus Ventures to curb slow LLM deployments

London-based TitanML, an AI company, announced on Thursday that it has secured $2.8M (approximately €2.6M) in a pre-seed round of funding led by Octopus Ventures along with deep tech-focused angel investors.  The funding comes as the UK company launches — Titan Takeoff, which makes large language model (LLM) deployment significantly faster, and cheaper for machine […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/12/2023 06:28 EDT

In a world driven by entrepreneurship and innovation, the power of networking and knowledge sharing has never been more crucial. Whether you are an aspiring entrepreneur aiming to launch your own venture or an established business owner striving for growth, attending events dedicated to businesses can be a game-changer in various aspects. Also, the landscape […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/12/2023 04:55 EDT

Dutch climate-tech scaleup Battolyser Systems secures €40M from EIB: Know more

Netherlands-based Battolyser Systems has signed a €40M financing agreement with the European Investment Bank. The EIB has signed this deal with the support from the InvestEU programme. This funding will support the scale-up and commercialisation of its Battolyser technology. Battolyser Systems develops and manufactures ‘Battolyser’, an integrated solution that stores electricity and produces hydrogen from […] Read more ›

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27.11.2024 22:47
Last update: 22:40 EDT.
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