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 · 08/28/2023 06:23 EDT

Swedish-based Adsorbi bags €360K to develop air purifier made from bio-based materials

Gothenburg-based Adsorbi, a startup that is developing bio-based materials for air pollutant and odour removal, announced on Monday that it has secured €360K in a seed round of funding from Metsä Spring, Chalmers Ventures, and Jovitech Invest. The company says the funding will be used to further research product applications, focus on product development and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/28/2023 05:31 EDT

UAE’s digital solutions provider WEB·N·TECH expands to the Netherlands; to open R&D Hub

WEB·N·TECH says that this is an important milestone in its growth strategy with the introduction of SolaaS Lab, dedicated to R&D.  Read more

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Silicon Canals
Editorial team @ Silicon Canals · 08/28/2023 05:23 EDT

Canada-based Magnet Forensics acquires Sweden’s Griffeye to tackle digital crime and child exploitation

Canada-based Magnet Forensics acquired Griffeye to enhance digital investigations through innovative tools and shared values. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 08/28/2023 04:40 EDT

Dutch-based Goboony and France-based Yescapa merge to dominate European campervan rental market

The Netherlands-based Goboony, a peer-to-peer campervan rental, announced on Friday, August 25, that it has merged with its French competitor Yescapa.  The combined platform now boasts a fleet of 30,000 vehicles across Europe, positioning it as the region’s largest motorhome sharing platform, following closely behind US-based platforms RVshare and Outdoorsy globally. The decision to merge […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/28/2023 02:14 EDT

UK-based FruitCast raises €3.2M to enhance soft fruit farming with AI-backed data analytics

FruitCast says it will use the funds to launch as a subscription system. Development will continue for six months and will offer early access in the 2024 growing season. Read more

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Silicon Canals
Editorial team @ Silicon Canals 1 place · 08/25/2023 09:17 EDT

Dutch-based Energy21 acquires two SaaS providers to support international expansion: Know more

Netherlands-based Energy21 has acquired Jules Energy and Ecedo to strengthen its leading position in Europe. Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals 1 place · 08/25/2023 09:06 EDT

Morale booster: Here’s how Dutch entrepreneurs are enabling summer break for their team and cultivating new leaders

As Europeans embarked on summer vacation, entrepreneurs in the region found themselves in a strange dilemma. On one hand, they needed the break like everyone else, but on the other, they also had to contend with the economic challenges and need to stay at the helm. Dutch entrepreneurs and startup founders are no different. Carbon […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 08/25/2023 08:35 EDT

Bolt, TransferGo investor backs Finnish wearable startup Oura Ring: Know more

Tallinn, Harjumaa-based Siena Secondary Fund, an investment fund, announced on Wednesday, August 23, that it has made its first deal in Finland by acquiring a stake in Oura Ring, a sleep-tracking healthtech company. Previously, Siena Secondary Fund acquired stakes in several well-known scale-ups such as Bolt, Testlio, Starship Technologies, Veriff, Kry, TransferGo, Printify, and Booksy. […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 08/25/2023 07:54 EDT

German digital lending platform auxmoney buys majority stake in Dutch credit platform Lender & Spender

Düsseldorf-based auxmoney, a digital lending platform, announced on Thursday, August 24, that it has acquired a majority stake in Dutch credit platform Lender & Spender. The announcement comes a year after both companies entered into a partnership in June 2022.  Since the partnership, the volume of new loans provided by Lender & Spender has more […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/25/2023 07:24 EDT

Siemens acquires Dutch-based Heliox to enhance eBus, eTruck fast charging solutions

Heliox's smart energy management solutions are tailored and scalable within a fast-changing e-mobility landscape. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/25/2023 06:56 EDT

Dutch entrepreneurs rally for enhanced business climate in open letter to Economic Affairs minister and the State Secretary of Finance

In a resounding call for action, over 300 Dutch leaders within the tech startup and scale-up community, along with supporting organisations, have extended a collective appeal directed towards Minister Micky Adriaansens and State Secretary Marnix van Rij.  The aim is to ensure that the Dutch government maintains its commitment to enhancing the startup ecosystem, fostering […] Read more

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Silicon Canals
Editorial team @ Silicon Canals 1 place · 08/25/2023 05:25 EDT

Hamburg-based MobilityFund accelerates global expansion with new California office

Hamburg's investor MobilityFund announces global expansion in the mobility sector with a new California office with advisory services. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 08/25/2023 05:06 EDT

Finnish startup Metroc raises €2M to advance AI development for the construction industry

Metroc develops AI solutions tailored for the construction industry. Its aim is to enhance efficiency and growth in construction by addressing data challenges with its platform. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/25/2023 04:30 EDT

Open-source AI platform Hugging Face bags €217M from Salesforce Ventures, Google, Amazon, NVIDIA, IBM, others

Hugging Face, an open-source AI platform, announced on Thursday, August 24, that it has raised $235M (approximately €217M) in a Series D round of funding at a valuation of $4.5B. Salesforce Ventures, Google, Amazon, NVIDIA, AMD, Intel Corporation, Qualcomm Ventures, IBM, and Sound Ventures participated in the round. THe company says the additional funding will […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/25/2023 03:37 EDT

German deeptech beeOLED bag €13.3M to tackle the OLED industry’s “last big challenge”

beeOLED is focused on solving a significant issue in the OLED field: creating an efficient and long-lasting deep-blue emitter for improved displays in devices. Read more

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Silicon Canals
Editorial team @ Silicon Canals · 08/24/2023 09:18 EDT

Pollen Street Capital acquires Sweden’s Assessio from Main Capital Partners: Know more

Main Capital Partners successfully acquired Assessio, a Northern European talent assessment company, and transferred it to Pollen Street Capital. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/24/2023 09:16 EDT

London’s PROSPECT 100 bags €693K to build platform for co-creation to democratise creative talent

London-based PROSPECT 100, a startup developing digital space for co-creation, announced on Thursday that it has raised $750K (approximately €693K) in a round of funding co-led by London-based QVentures, Danish fund Blackwood, and Austrian entrepreneur Ferdinand Ahorner.  Notable angel investors, including the famous designer Sean Wotherspoon, Guy Holmes of Gut Records, and Snappt and Adam […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/24/2023 08:35 EDT

Top UK-based agritech startups to watch in 2023; 3 of them are hiring

The United Kingdom’s agricultural landscape is undergoing a transformation driven by technological advancements and a renewed focus on sustainable practices.  As the world faces complex challenges such as a growing global population, climate change, and resource scarcity, the agritech sector has emerged as a ray of hope, revolutionising traditional farming methods and shaping the future […] Read more

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28.11.2024 17:41
Last update: 17:35 EDT.
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