Silicon Canals

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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
Vignesh R. @ Silicon Canals · 09/29/2023 04:55 EDT

A16z backs SaaS startup Nx in €15M round to simplify software development

Nx, a startup that simplifies software development with a single code repository, announced that it has secured $16M (approximately €15M) in a Series A round of funding.  The funding round, led by Nexus Venture and a16z, will be used to expand Nx Cloud, a fully managed product designed to replace tools such as Jenkins. The […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 09/29/2023 04:54 EDT

More angels look to back tech for good startups, reveals new report

“Tech for Good Angels” report showcases new findings on the angels’ decision to back startups and assess their potential impact. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 09/29/2023 04:25 EDT

Debiopharm launches new €141.4M Fund for cancer care & pharma R&D transformation

Lausanne, Switzerland-based Debiopharm Innovation Fund, the strategic investment arm of Swiss biopharmaceutical company Debiopharm, has announced the launch of a new seed funding initiative with $150M (approximately €141.42M) under management.  The fund plans to invest in up to 15 seed-stage startups annually, focusing on digital health and cancer care innovation. This move aims to transform […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/28/2023 10:47 EDT

Amsterdam’s Framer secures €25.5M to scale its no-code website building platform

Amsterdam-based Framer, a professional no-code website builder for designers, announced on Thursday that it has raised $27M (approximately €25.5M) in a Series C round of funding.  The funding round was led by Meritech Capital, with participation from existing investors, including Accel and Atomico.  The latest capital infusion will enable the Dutch company to scale its […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 09/28/2023 10:15 EDT

Product Spotlight: Fairphone 5 with co-founder Miquel Ballester

“The Best Smartphone on Earth – (Not Clickbait)” That’s how tech YouTuber Zack Nelson described the new Fairphone 5 on his channel. Known for his channel JerryRigEverything, where he takes apart smartphones and tests their durability, the Fairphone 5 was called the best for being built differently from most other smartphones available in the market. […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/28/2023 09:26 EDT

Swiss B2B startup Eturnity secures €8.2M to accelerate Europe’s energy transition: Here’s how

Swiss-based Eturnity, a B2B SaaS company that specialises in solar, heating, and e-mobility systems software solutions, announced that it has secured CHF 8M (approximately €8.2M) funding in a Series A round of funding from Junction Growth Investors and Alantra.  The Swiss company plans to use the funding to speed up its growth strategy and increase […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/28/2023 06:46 EDT

Austria’s Greenwood Power bag €5.1M for its power & voltage sensors crucial for building smart grids

Brunn am Gebirge, Austria-based Greenwood Power, a leading innovator for non-conventional transformers, announced on Thursday that it has secured €5.1M in growth funding. The investment came from Austrian venture capital firm eQventure and the Lower Austrian VC fund tecnet equity. Doris Agneter and Jürgen Milde-Ennöckl of tecnet equity say, “Greenwood Power’s products provide a key […] Read more

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Silicon Canals
Editorial team @ Silicon Canals 3 place · 09/28/2023 06:26 EDT

Dutch-based Chainable bags €1.4M; aims to popularise circular kitchen concept

Chainable bags €1.4M capital investment from impact investors to develop business and popularise circular kitchens. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/28/2023 06:12 EDT

Vilnius-based Nord Security bags €95M at $3B valuation from Warburg Pincus, others: Know more

Vilnius-based Nord Security, a company known for its VPN services, announced on Thursday that it has raised $100M (approximately €95M) at a valuation of $3B  in a funding round led by Warburg Pincus, a New York-based global growth investor.  Existing investors, including Novator Ventures and Burda Principal Investments, also participated in the round.  Nord Security […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/28/2023 04:39 EDT

Dutch-based Ciphix leaps forward in Hyperautomation, acquires Amsterdam’s Webflight

Rotterdam-based Ciphix, an IT implementation company, announced that it has acquired Amsterdam’s Webflight, a low-code application specialist. In a LinkedIn post, Ciphix says, “We’re taking a leap forward in our hyperautomation capabilities with the acquisition of low-code application specialist, Webflight! We’re happy and proud to share our next milestone!” Webflight specialises in enhancing business processes […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 09/28/2023 04:03 EDT

London’s Athletico Ventures launches a new collective for athletes to invest in startups

Athletico Ventures launches Athletico Ventures Collective#1 to assist elite athletes invest in startups in Europe, along with top investors. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/28/2023 02:45 EDT

StudentCrowd bag €2.9M for its platform to help students make higher education decisions

London-based StudentCrowd, a decision-making platform for higher education, announced that it has secured £2.55M (approximately €2.94M) in a Series A round of funding.  The round was led by PwC Raise Ventures and the MEIF Proof of Concept & Early Stage Fund (managed by Mercia Ventures). Rafael Joseph of Mercia Ventures says, “Having grown up in […] Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 09/28/2023 00:24 EDT

These are the 5 most AI-ready cities in Europe

According to Statista, the market size of the AI market in Europe is projected to reach $66.14bn in 2023, with an annual growth rate of 17.33%. Read more

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Silicon Canals
Editorial team @ Silicon Canals · 09/27/2023 09:17 EDT

UK’s Machine Discovery bags €5.17M for AI tools to design semiconductors

Machine Discovery secures £4.5M (€5.17M) in funding to advance its machine learning tech tailored for semiconductor design. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/27/2023 08:31 EDT

Event of the month: 5 reasons why you should attend Emerce EDAY 2023

In the dynamic landscape of today’s global economy, knowledge is crucial to propel individuals and entrepreneurs toward success.  Attending events and conferences is one of the most impactful avenues for achieving this.  These gatherings serve as modern marketplaces of ideas where innovations are fostered, relationships are built, and dreams are realised. Conferences and events offer […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/27/2023 06:50 EDT

After winning Gerard & Anton Awards, Dutch-based MantiSpectra bags €4M funding: Here’s why

Eindhoven-based MantiSpectra, a deep-tech company and spinoff of the Eindhoven University of Technology, announced on Monday, September 25, that it has raised €4M in a funding round led by Innovation Industries and PhotonVentures. The Dutch startup says it will use the funds to scale its Semiconductor platform and support existing customers toward mass production. The […] Read more

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28.11.2024 04:47
Last update: 04:40 EDT.
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