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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 · 10/06/2023 03:51 EDT

UK’s autone raises €4.2M to maximise business growth by turning data into decisions

London-based autone, a startup that aims to maximise business growth through data-driven inventory optimisation, announced on Thursday, October 5, that it has raised $4.5M (approximately €4.27M) in its seed round of funding. The investment came from Speedinvest, Seedcamp, and Y Combinator. The round also saw participation from new investors Motier Ventures, Financière Saint James, Kima […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/06/2023 03:19 EDT

Amsterdam-based Sparqle raises fresh capital for its sustainable delivery platform: Know more

Amsterdam-based Sparqle, a sustainable delivery platform that believes last-mile delivery can be made more efficient, greener, and reliable without increasing costs, announced on Wednesday, October 4, that it has secured fresh pre-Seed funding from Rotterdam/Delft-based Graduate Entrepreneur Fund.  The funding amount has not been disclosed. Last-mile delivery for a more sustainable world Founded in 2021 […] Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/05/2023 09:35 EDT

What to do when you hate your new job

It has happened to everyone at one time or another. You evaluate your options, work through the interview process and accept a new role, only to realise that your new position may not be all you hoped.  It could be something about the environment, the initial job description, the team, even the commute; once that […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/05/2023 09:08 EDT

Dutch-based TAP accelerator raises €951K to help Palestinian talents find job opportunities

Palestine-focused TAP accelerator company bags €951K from Wamda Capital to bridge youth talents with remote job opportunities. Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/05/2023 07:44 EDT

Meet the six startups selected for YES!Delft’s Rotterdam Startup Program 2023

YES!Delft, a Netherlands-based startup incubator, has selected six promising startups for its Rotterdam Startup Program. These startups include Emissa, TeachBuddy, Deep Light System, Octopus OS, Leafy, and BigPot. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/05/2023 06:53 EDT

Amsterdam’s Rockstart co-leads €4.9M investment in its portfolio startup Helio: Know more

Zürich-based Helio, a company that optimises cloud workloads like 3d-rendering for fewer emissions, better price, and larger scale, announced on Thursday that it has secured €4.9M in an equity and debt round of funding.  Helio is a Rockstart Energy portfolio company. Launched in 2020, the Rockstart Energy fund is Rockstart’s second fund which has backed […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/05/2023 06:45 EDT

Helmond-based solar car maker Lightyear suspends car production, switches to building solar roofs

Helmond-based Lightyear, a company that manufactures solar-powered cars, has temporarily halted production of its solar car. Instead, it will focus on producing solar roofs for car manufacturers through its subsidiary Lightyear Layer. The announcement comes as the Dutch company has been unable to find new investors to further develop the solar car, Lightyear 2, since […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/05/2023 05:36 EDT

German-based getpaid raises €5.7M to supercharge B2B payment solutions

Düsseldorf-based getpaid, a comprehensive payment solution for marketplaces and platforms, announced on Thursday that it has secured $6M (approximately €5.7M) in a seed round of funding.  The investment was led by Inventure, a Nordic early-stage VC, with participation from existing investor Munich-based Picus Capital.  European angels, including Christian Grobe and Matthias Knecht, founders of Billie; […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/05/2023 04:55 EDT

After €215M, Germany’s 1KOMMA5° closes double-digit million Euro deal with 2150 to expand across Europe

Germany-based 1KOMMA5°, a climate tech firm, announced on Thursday that it has closed a double-digit million Euro deal with 2150, a venture capital firm investing in the sustainable reshaping of the broad urban environment.  1KOMMA5° plans to use the capital to fund the advancement and growth of the company’s software applications around “Heartbeat”.  Heartbeat is […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/05/2023 04:38 EDT

Berlin’s ClimateTech firm Purpose Green bag €3.3M to accelerate decarbonisation of the building sector

German climate technology firm Purpose Green has secured a €3.3M funding to strengthen its workforce and expand its presence. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/05/2023 03:30 EDT

NordLayer’s evolution unveiled: Here’s how it plans to stay ahead in the rapidly changing cybersecurity space

In today’s hyperconnected world, the threat of cybersecurity breaches looms larger than ever before.  As technology advances at an unprecedented pace, so do the tactics and techniques employed by those seeking to exploit vulnerabilities in the digital world.  The consequences of cyberattacks are far-reaching, affecting not only individual users but organisations of all sizes across […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 10/05/2023 03:24 EDT

Rotterdam’s umob raises €6M to combat traffic congestion and emissions: Here’s how

Rotterdam-based umob, a Mobility-as-a-Service (MaaS) platform, announced on Thursday that it has raised €6M from several investors.  The Dutch company says it will use the funds to advance its mission of making alternative modes of transportation appealing and accessible to a broader audience while expanding its reach internationally.  Raymon Pouwels, co-founder of umob, says, “We […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/05/2023 03:00 EDT

Germany-based Habyt bags €40M to fuel expansion in global housing market

Berlin-based tech startup Habyt secures €40M in a Series C funding round to fuel its expansion in the global housing market. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/05/2023 02:56 EDT

France-based scnd secures €4M to reinvent the way people buy and sell services online

Paris-based scnd, a marketplace solution for selling services online, announced on Thursday that it has secured €4M in a fresh round of funding. The investment came from 42Cap and Partech. Alex Meyer of 42CAP says, “scnd’s dedication to reshaping the service e-commerce landscape aligns perfectly with our vision for innovation in the tech industry. We’re […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/04/2023 09:38 EDT

UK fintech unicorn Revolut strikes deal with Softbank to get banking licence in the UK

London-based fintech unicorn Revolut announced that it has reached an agreement with Softbank to streamline its ownership structure to remove a hurdle in obtaining a much-needed banking license in the UK market. The announcement comes after months of negotiations, known internally as “Project Swan,” during which SoftBank had demanded substantial compensation in exchange for giving […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/04/2023 09:10 EDT

Orakl Oncology bag €3M to propel techbio platform for accelerated cancer drug development

Orakl Oncology secures €3M to advance its techbio platform, using tumour avatars to expedite drug development and revolutionise cancer treatment. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/04/2023 07:22 EDT

Atomico bags €1.04B amid VC funding drought in Europe 

London-based Atomico, a venture capital firm, announced on Tuesday that it has raised $1.1B (approximately €1.04B) in a funding round to invest in startups. The VC managed to secure the new capital across its newly established venture and growth funds, according to US regulatory filings, reports FT.  The latest capital infusion brings Atomico close to […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/04/2023 05:37 EDT

Belgium medtech Hippo Dx raises €4.4M for its fast, cheap, accurate allergy testing device

Belgium-based Hippo Dx, a MedTech startup that has developed an allergy testing device that is faster, cheaper, and more accurate, announced that it has secured €4.4M in a fresh round of funding to scale up internationally. The company has raised funding from existing and new investors, including LRM and the American Allerfund Ventures. Founded in […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/04/2023 05:18 EDT

Young workers are embracing AI, job satisfaction rising: 2023 Young Generation in Tech report

HiBob and Eight Road Ventures Europe have released the latest Young Generation in Tech report with more in-depth surveys. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/04/2023 05:06 EDT

Amsterdam’s Advanced Microbiome Interventions bags €300K convertible loan from Innovatiefonds Noord-Holland

Amsterdam-based Advanced Microbiome Interventions (AMI), a healthtech startup that develops innovative drugs for type 1 diabetes and other autoimmune diseases, announced that it has received a €300K convertible loan from Innovatiefonds Noord-Holland.  The Dutch startup says it will use the funds to accelerate drug development for type 1 diabetes. Advanced Microbiome Interventions: What you need […] Read more

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28.11.2024 03:04
Last update: 03:00 EDT.
News rating updated: 09:51.

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