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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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Silicon Canals
Vishal Singh @ Silicon Canals · 10/04/2023 04:19 EDT

Dutch-based Microsure raises €38M to boost robot-assisted microsurgery: Know more

The Netherlands-based Microsure, a company helping microsurgeons excel in robot-assisted microsurgery, announced that it has closed its Series B2 round and raised €38M in development capital. The Dutch company says it will use the funds to develop its latest microsurgical robot, MUSA-3, for clinical trials, followed by filing for FDA approval in the US and […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/04/2023 03:23 EDT

Romania-based Nooka Space secures €2M, appoints Irina Leca as the new CEO: Know more

Romania-based Nooka Space, a tech-enabled network of Proximity Office Pods with a mission to redefine productivity on the go, announced on Tuesday, October 3, that it has appointed Irina Leca as CEO of the company. Leca says, “I’m all in to lead Nooka Space and to build a local and international team that is going […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/03/2023 09:51 EDT

Amsterdam-based Increment raises €300K to make Data Cloud Cost Optimisation easy

Amsterdam-based Increment Data BV, a startup that builds technology to help data organisations with Data Cloud Cost Optimisation, announced that it has secured €300K in convertible loan from the North Holland Innovation Fund (INH). Amsterdam’s INH supports SMEs and startups in the Province of North Holland with financing in the early phase. “We provide convertible […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/03/2023 09:39 EDT

Top events to attend for startups, founders and the business sector in Q4 2023

As technology continues to evolve at an unprecedented pace, staying at the forefront of innovation and industry trends is imperative for success.   Q4 2023 is upon us and the world of startups, founders, and the business sector is buzzing with anticipation. With that in mind, we have carefully curated a comprehensive guide to the most […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/03/2023 09:33 EDT

France-based Granular Energy bag €7.5M to address lack of transparency in clean energy industry

Energy start-up Granular Energy raises €7.5M to combat lack of transparency in green energy certificates procurement. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/03/2023 07:23 EDT

UK’s Automata Technologies raises €38.2M for its robotic automation solutions to life sciences labs

London-based Automata Technologies, a biotech company that offers robotic automation solutions to life sciences labs, announced on Tuesday that it has secured $40M (approximately €38.2M) in a fresh round of funding. Automata’s $40M funding came after the success of its $50M Series B round in January 2022. This funding has enabled the company to expand […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/03/2023 06:26 EDT

LUMO Labs backs Utrecht-based Cordys Analytics in €900K round to improve early detection of heart disease through AI

Utrecht-based Cordys Analytics, a healthtech spin-off from the University Medical Center Utrecht (UMCU), announced on Tuesday that it has secured €900K from LUMO Labs, Utrecht Region, and Utrecht Health Seed Fund. “We are thrilled to have these investors on board. By joining their networks, we are well positioned to further expand our software platform and […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 2 place · 10/03/2023 06:02 EDT

London’s Unitary raises €14.31M to boost AI-powered  video content moderation tech

Unitary secures €14.31M in Series A funding to enhance internet content safety through AI-powered visual moderation. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 10/03/2023 04:18 EDT

Amsterdam-based Tractionboard secures pre-seed funding to help investors and startups manage fundraising

Amsterdam-based Tractionboard, an interactive platform for investors and startups to help manage all aspects of fundraising, announced on Monday that it has closed a pre-seed round of funding. Besides fundraising, the company has also announced that it has joined Techstars + ABN AMRO Future of Finance Accelerator in Amsterdam.  “We are proud to have been […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/03/2023 03:14 EDT

Dutch-based Vortice raises €350K to develop soda maker for sustainable drinking habits

The Netherlands-based Vortice, a beverage tech company, announced on Friday, September 29, that it has secured €350K in a fresh round of funding from UNIIQ. Vortice aims to address the alarming environmental impact of PET bottle production in Europe, which contributes to 17.6 million tons of CO2 emissions annually. The startup is developing an “innovative” […] Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 10/03/2023 03:01 EDT

Shipping is complex but Sendcloud has a plan to make it smarter, accessible and sustainable

Entrepreneurial life is a journey where you are expected to be as malleable as gold or as resilient as a tardigrade. Amazon and its eccentric founder Jeff Bezos are the best example. Whether it’s the resilience of Amazon or the malleability seen in the behaviour of Bezos and his colleagues, these traits form the backbone […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/02/2023 12:48 EDT

Curiosity VC, Adriaan Mol back Amsterdam LLM  startup Orquesta

Orquesta, claiming to be the first European all-in-one LLM Operations and Integration platform, has secured €800,000 in pre-seed funding, exceeding the company’s initial target. The Amsterdam-based startup has pioneered Europe’s first platform for integrating diverse Large Language Models (LLMs) since its founding in 2022. The company manages prompt engineering and configuration as it prepares to […] Read more ›

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28.11.2024 09:48
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