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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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Silicon Canals
Editorial team @ Silicon Canals · 10/12/2023 04:25 EDT

Combining AI & MRI: German deep-tech startup raises €30M led by 83North

Deep tech company Orbem raises €30M to develop AI-powered MRI technology for sustainability in different industries. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/12/2023 03:05 EDT

German startup Deta unveils a new OS for the internet; raises €3.3M in Seed funding

Berlin-based Deta, a technology company developing a Personal Cloud Computer (PCC), announced that it has raised $3.6M (approximately €3.3M) in a seed round of funding led by Crane Venture Partners. The round was also joined by System.One, Tomahawk.VC, Tiny.VC, AngelInvest Ventures, Acequia Capital, NPHard (as angels), founders, and early employees from companies like NGINX and […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 10/11/2023 06:52 EDT

Berlin-based TransactionLink raises €5M to help companies automate their business onboarding processes

Berlin-based TransactionLink, an automation platform for building complete digital onboarding experiences, announced on Wednesday that it has raised €5M in a seed round of funding led by White Star Capital.  Additional angel investors from London and Paris, as well as existing investors such as Target Global and angels from the pre-seed round, participated in the […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/11/2023 06:17 EDT

Sweden’s Fast Travel Games bag €3.7M to develop new IP for VR platforms

Stockholm-based Fast Travel Games secures €3.7M funding, poised to lead the growing VR market with new IPs, VR titles and exciting partnerships. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/11/2023 05:52 EDT

Upvest partners with BlackRock to make investing more accessible in Europe; closes €30M funding round

Berlin-based Upvest, a fintech company, announced on Wednesday, October 11, that it has partnered with BlackRock, a global asset manager and technology provider, to make investing more accessible for Europeans. Besides the partnership, Upvest has also raised €30M in funding with participation from BlackRock alongside existing investors including Bessemer Venture Partners, HV Capital, Earlybird, Notion […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 3 place · 10/11/2023 05:49 EDT

Untangled Finance secures €12.74M to bring tokenised private credit on-chain

Untangled Finance has bagged €12.74M of funding to bring tokenised RWAs to the Celo blockchain. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/11/2023 05:13 EDT

Belgian biotech company Agomab Therapeutics raises €94.9M to tackle fibrosis; here’s how 

Ghent, Belgium-based Agomab Therapeutics, a biotech company, announced on Wednesday that it has closed a $100M ( approximately €94.9M ) in a Series C round of funding. The financing round was led by Fidelity Management & Research Company, with participation from new investors EQT Life Sciences (EQT), Canaan, Dawn Biopharma, a platform controlled by KKR, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 10/11/2023 04:00 EDT

After launching second fund, Amsterdam’s Carbon Equity secures €6M from BlackFin Capital Partners: Here’s why

Amsterdam-based Carbon Equity, a climate venture capital and private equity investment platform, announced on Wednesday that it has secured €6M in its Series A round of funding, led by BlackFin Capital Partners.  With the latest capital infusion, Carbon Equity’s total funding now stands at €9M. Carbon Equity will use the funds to roll out highly […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/11/2023 03:09 EDT

Amsterdam’s The Selection Lab raises €1.2M to promote diversity and combat hiring bias; here’s how

Amsterdam-based The Selection Lab, a startup that develops assessment technology to screen applicants, announced that it has secured €1.25M in a fresh round of funding.  The investment was led by Borski Fund and joined by existing investor Arches Capital. “Due to our partnership with Borski, not only are we able to continue to grow our […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/10/2023 10:31 EDT

Amsterdam’s Tidalflow exits stealth mode; secures €1.6M from Google’s AI venture fund, Antler, others 

Amsterdam-based Tidalflow, an AI startup, announced the launch of the company and its first funding round, which has raised $1.7M (approximately €1.6M).     The investment is co-led by Gradient Ventures (Google’s AI-focused venture fund) and Dig Ventures (operated by MuleSoft founder Ross Mason), with additional backing from Antler.  The Dutch company will use the capital to […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/10/2023 09:49 EDT

German AI and robotics startup NEURA Robotics raises €15.1M for US expansion

Germany-based NEURA Robotics GmbH, an AI and robotics startup, announced on Tuesday, that it has secured $16M (approximately €15.1M) in a fresh round of funding from American private equity firm InterAlpen Partners.  The news comes following a recent $55M funding round with European investors. NEURA says it will use the funds to support its growth […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/10/2023 09:08 EDT

After ABBA’s Björn Ulvaeus and Sir Paul McCartney, Sir Elton John backs London-based music tech startup Audoo

London-based Audoo, a music technology company has secured $5M (approximately €4.7M) in funding from Sir Elton John, David Furnish, Sir Paul McCartney’s MPL Ventures, and ABBA’s Bjorn Ulvaeus, Tileyard, and Edinv.   The capital infusion will help the UK company to expand operations and its business reach globally. The latest funding round takes the total funding […] Read more ›

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