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 · 09/19/2023 05:41 EDT

Rotterdam’s NearField Instruments bags €27M from Invest-NL, others to accelerate fault-detection solutions for microchips

Rotterdam-based Nearfield Instruments, a startup that specialises in process control and metrology solutions, announced on Tuesday that it has secured €27M in a funding round. New investor ING Corporate Investments participated in the round along with the existing investors INvest-NL, Innovation Industries, and TNO. Invest-NL has invested €7.5M in this round through the Deep Tech […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/19/2023 05:11 EDT

Lightspeed Venture Partners backs Berlin-based greentech firm Plan A in €25.2M round: Know more

Berlin-based Plan A, a corporate carbon accounting, decarbonisation, and ESG reporting software provider, announced on Tuesday that it has raised $27M (approximately €25.2M) in a new funding round. The round was led by Lightspeed Venture Partners with participation from Visa, Deutsche Bank, and Opera Tech Ventures (VC arm of BNP Paribas).  Numerous unicorns, including those […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/18/2023 06:35 EDT

UK’s Broken String Biosciences raises €14M to develop, commercialise its INDUCE-seq tech: Know more

Broken String Biosciences is dedicated to enhancing the safety of cell and gene therapies through comprehensive genome stability assessments. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 09/18/2023 03:00 EDT

Dutch-based Recrubo raises €600K for its platform to make job applications easy using WhatsApp

Recrubo specialises in optimising the hiring process for blue-collar and service-oriented businesses using chat technology. Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals 1 place · 09/15/2023 09:11 EDT

Unlocking opportunities: DNNL’s Launchpad paves the way for inclusive entrepreneurship

Startups have dramatically changed our life. From how we connect with new people, order things online, get from point A to point B, to purchasing medicines, startups have made an impact in every aspect. In addition to transforming our life for good, startups also promised to change representation compared to other big organisations. In reality, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 09/15/2023 07:56 EDT

Dutch Sport Tech Fund invests in Amsterdam-based Scala Sports: Here’s why

Amstelveen-based Dutch Sport Tech Fund, an investment fund that focuses on sports technology, announced that it has invested in Amsterdam-based Scala Sports.  Scala Sports says it will use the funds to streamline the organisation and further scale up its operations in the United States.  The announcement comes after the scale-up signed a deal with the […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 09/15/2023 06:22 EDT

Madrid-based energy company IGNIS bags €335M loan from Deutsche Bank, others: Know more

Madrid-based IGNIS, an energy company, announced on Thursday, September 14, that it has secured €335M in a loan led by Deutsche Bank, with participation from Rabobank, ABN Amro and Triodos Bank.  IGNIS was advised by Cuatrecasas and the financial institutions by Clifford Chance. IGNIS says the loan will allow it to finance projects up to […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 2 place · 09/15/2023 06:04 EDT

Dutch-based Proba bag funding to accelerate decarbonisation with carbon certificates

Carbon certificates issuer Proba has announced receiving funding from ECG Ventures to help expand its program and accelerate climate action. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/15/2023 05:48 EDT

Madrid-based REVEL bag €115M, aims to dominate European car subscription market

REVEL has crafted a financial structure in partnership with KKR and Santander Consumer Renting SA to finance the vehicles on its platform. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 09/15/2023 03:46 EDT

NVIDIA, Andreessen Horowitz backs Databricks in €469M round; valuation reaches €40B

San Francisco-based Databricks, a Data and AI company, announced on Thursday that it has raised over $500M (approximately €469M) in a Series I round of funding at a $43B (approximately €40B) valuation.  The company has also established the price per share at $73.50.  The funding round was led by T. Rowe Price Associates, Inc., along […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 09/15/2023 03:27 EDT

Dutch-based TouchWind secures funds for its tilting one-blade floating wind turbine

TouchWind will use the funds to expand field testing of its tilting angled one-piece rotor floating wind turbine and conduct research on positive wake effects in wind energy. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/15/2023 02:50 EDT

Amsterdam’s healthtech firm MYCB1 secures €30.8M as it prepares for IPO

MYCB1 is a healthtech company that merges pharmaceutical manufacturing, pharmacy operations, and software engineering to drive evidence-based and ultra-personalised solutions. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/14/2023 08:37 EDT

Enschede-based SuperLight Photonics secures undisclosed funding from DeepTechXL, Oost NL

Enschede, the Netherlands-based SuperLight Photonics, a spin-off from the University of Twente, announced on Thursday that it has secured undisclosed funding in a seed funding round. The round was led by Dutch Deep Tech investor DeepTechXL in collaboration with Oost NL. SuperLight Photonics says it will use the funds to develop its platform technology into […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 09/14/2023 07:59 EDT

French battery manufacturing startup Verkor secures €2B from Macquarie Asset Management, others: Know more

Grenoble, France-based Verkor, a battery manufacturing startup, announced on Thursday that it has secured more than €2B in funding. The funding injection comprises a Series C round of €850M, €600M in bank financing support from the European Investment Bank (EIB), and approximately €650M in French government grants, pending final validation by the European Commission. The […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 09/14/2023 07:59 EDT

German fintech Tilta bags €30M to address address the working capital gap in B2B transactions

Tilta receives €30M debt facility to assist B2B transactions in marketplaces and solve capital working gap issues. Read more ›

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28.11.2024 08:47
Last update: 08:40 EDT.
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