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
Editorial team @ Silicon Canals · 08/30/2023 07:36 EDT

Germany-based CERTANIA secures investment from Summit Partners to drive global expansion

Germany-based provider of Testing, Inspection and Certification (TIC) services CERTANIA Holding GmbH has secured an investment boost from Summit Partners. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/30/2023 07:11 EDT

Finland-based SNERPA Power raises €2.2M to decarbonise the energy sector

SNERPA Power says it will use the funds to scale its workforce, expand internationally, and build out its commercial footprint. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/30/2023 06:59 EDT

Amsterdam’s Seenons acquires Recycling Partners Belgium in big boost to its waste eliminating efforts: Know more

Amsterdam-based Seenons, a tech startup that aims to solve the growing challenge of waste, announced on Wednesday that it has acquired Recycling Partners Belgium (RPB).  The merger, finalised on August 11, aims to increase its market presence in Belgium and the Netherlands. The announcement comes three months after Seenons raised €10M from Invest-NL, Swiss Post […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/30/2023 05:33 EDT

TU Delft, Kavli Institute of Nanoscience Delft bags €4.6M grant for Quantum telecommunication breakthrough: Know more

The Delft University of Technology and the Kavli Institute of Nanoscience Delft, has been awarded a substantial $5M (€4.6M) grant from The Kavli Foundation.  The funds will facilitate a collaborative approach towards developing the quantum equivalent of telecommunications systems. The project assembles a team of 14 quantum physicists and biophysicists to find a missing link […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 08/30/2023 02:12 EDT

Dutch investor Graduate Entrepreneur backs Next Ocean and Hexwise with €75K each

Graduate Entrepreneur is an initiative of a group of influential and merited alumni of Erasmus University Rotterdam, Erasmus MC, and the Delft University of Technology. The initiative was announced on April 8, 2021. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/29/2023 08:05 EDT

Amsterdam’s Mysteryland becomes a living lab for sustainability: Entrepreneurs test six green innovations

In today’s rapidly evolving world, sustainable innovations are crucial in addressing environmental challenges and promoting social progress.  Undoubtedly, startups and entrepreneurs are at the forefront of developing groundbreaking solutions.  However, bringing these innovations to market requires rigorous testing and validation in real-life environments.  That’s where Innofest, in collaboration with StartupAmsterdam and the City of Amsterdam’s […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/29/2023 06:35 EDT

Iceland’s atNorth acquires Gompute to strengthen full stack HPC offering and Nordic footprint

Reykjavik, Iceland-based atNorth, a company that specialises in high-performance computing and artificial intelligence services, announced on Tuesday that it has acquired Gompute, a firm known for providing High Performance Computing (HPC) and data centre services.  Founded in 2002, Gompute helps CAE (Computer-Aided Engineering) users to run compute intensive simulations with high demands on performance, throughput […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 08/29/2023 05:48 EDT

Delft-based Zepp.solutions bag €2M JTF grant to build fuel cell systems factory

Zepp.solutions plans to establish a factory in the Greater-Rijnmond region, enhancing its role in Europe's expanding hydrogen sector.  Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 08/29/2023 05:38 EDT

OpenAI launches ChatGPT Enterprise edition with advanced security and privacy: Know more 

California-based OpenAI announced on Monday, August 28, that it has launched a new version of their AI chatbot – ChatGPT Enterprise.  The business edition is designed for companies that need both enhanced privacy and security as well as increased functionality and bandwidth. ChatGPT Enterprise edition comes with various enhancements, including: OpenAI claims that the latest […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 08/29/2023 04:47 EDT

Rotterdam-based Valyuu bags €2.4M from Rubio Impact Ventures, others to reduce electronic waste

Rotterdam-based Valyuu, a circular platform for pre-owned electronics, announced on Tuesday that it has secured €2.4M in a fresh funding round led by Rubio Impact Ventures and Slingshot Ventures. Other participating investors include US-based Techstars, Golden Egg Check Capital, and several angel investors. The Dutch company says it will use the funds to further develop […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/29/2023 03:53 EDT

FC Barcelona raises €120M for 29.5 per cent stake of Barça Vision; Plans $1B SPAC deal

FC Barcelona has introduced new strategic partners to accelerate the growth of Barça Vision and has entered an agreement with Mountain & Co. I Acquisition Corp to ensure the success of Barça Media. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/29/2023 02:19 EDT

Helsinki-based Videobot bags €2M to improve online customer experiences with interactive video chatbots

Helsinki-based SaaS startup Videobot announced on Tuesday that it has secured €2M in a seed round of funding from Superhero Capital, Expon Capital Digital Tech Fund, and angel investors Urban Gillstrom and Ari Korhonen.  The Finnish company says it will use the funds to accelerate its growth, especially in Europe and the US markets.  Currently, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/28/2023 09:00 EDT

Oslo-based Gire Mobility bags €1.7M from Schibsted Ventures, others: Know more

Oslo-based Gire Mobility, a B2B marketplace for flexible on-demand car transportation, announced that it has secured NOK 20M (approximately €1.7M) in a new funding round led by Schibsted Ventures with Møller Mobility Group and Semler Mobility. Out of the total, Schibsted Ventures invested NOK 10M, whereas Møller and Semler contributed NOK 5M each.  The Norwegian […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/28/2023 08:35 EDT

SME Finance bag €40M from EIF to support SMEs in the Netherlands, among others

SME Finance, with an EIF partnership, will provide loans to targeted businesses backed by up to 80 per cent loan guarantees. Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 08/28/2023 08:21 EDT

Finnish e-commerce startup Starcart secures €3.5M to expand across Europe

E-commerce startup from Helsinki, Starcart, has raised €3.5 million in seed funding for market expansion. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/28/2023 07:33 EDT

Female-founded Finnish VC firm Greencode Ventures announces first close of its new fund at €40M

Helsinki-based Greencode Ventures, a venture capital firm focused on accelerating the green transition, announced on Monday the first close of its new fund. The VC has raised €40M from various backers, including Business Finland Venture Capital, Nordea Life Assurance Finland, Pohjola Insurance, OP Life Assurance Company, Konstsamfundet Ventures, Kelonia, Stephen Industries, Atavus, Nidoco, Halton Ventures, […] Read more ›

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28.11.2024 15:51
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