Silicon Canals

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11.11.2024 − 17.11.2024
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/11/2024 06:24 EDT

Dutch e-bike manufacturer Stella Fietsen was declared bankrupt on Friday, according to a spokesperson for the Gelderland court. The announcement comes a few days after the company requested a payment suspension. Stella Fietsen currently has about 440 employees in 48 locations in the Netherlands and Belgium. In a statement, Frans van Oss, who has been ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 10/11/2024 05:34 EDT

Meet PSV Hafnium, Denmark’s first dedicated deep tech early-stage venture fund; secures backing from EIF and EIFO

Lyngby, Denmark-based PSV Hafnium, a new early-stage venture fund dedicated to deep tech, has announced its launch. Besides the launch, the Danish fund also announced that it has secured DKK 185M (approximately €24.8M) from the European Investment Fund (EIF) and  DKK 100M (approximately €13.4M) from the Export and Investment Fund of Denmark (EIFO). With a ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 10/11/2024 05:01 EDT

Buyers Edge Platform, a US-based software and analytics company for the food service industry, has invested in HosCat in the Netherlands as part of its European expansion. The investment supports Buyers Edge Platform’s strategy to build the largest Digital Procurement Network in Europe, similar to its success in the US. Through strategic acquisitions, partnerships, and ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/11/2024 03:26 EDT

Czech-based Tensor Ventures opens new €50M fund focusing on these key sectors

Tensor Ventures has launched a €50M fund aimed at investing in deeptech startups, focusing on sectors such as AI, quantum computing, biotech, and sustainable technology. The fund will target innovative companies in the Czech Republic and internationally. The fund, led by Roman Smola, Martin Drdul, and Petr Ulvr, builds on the success of its first ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/10/2024 09:56 EDT

This is why Jeff Bezos always talks last in meetings

More than half (58%) of employees block off time in their calendars to protect themselves from meetings, according to new workplace research from Owl Labs. Negativity about meetings is nothing new, and employee gripes often include the fact that they have to do so many meetings, they have no time left for their actual work. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/10/2024 08:31 EDT

After moving HQ from Eindhoven to New York, Alphabeats raises funding and appoints new global CEO

Alphabeats, a digital mental wellness platform, has appointed current Chief Commercial Officer and US President Jorrit DeVries, as its new Global Chief Executive Officer (CEO).  This development comes after Alphabeats, which relocated from Eindhoven and is now headquartered in New York, aims to expand its US presence.  The company also announced that it has secured ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/10/2024 08:21 EDT

Amsterdam’s LUMICKS gets €20M from European Investment Bank (EIB) to accelerate drug discovery for cancer

Amsterdam-based LUMICKS, a life science tools company, announced on Thursday that it has secured €20M in venture debt agreement from the European Investment Bank (EIB). The European Commission backs the investment through the InvestEU initiative, which seeks to foster innovation projects and job creation across Europe. The Dutch company will use the funds to launch ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 10/10/2024 07:30 EDT

In Q3 2024, around €424M was invested in Dutch startups, nearly the same as in Q3 2023. Despite a slight decrease from Q2 2024 (€427M), the total investment for 2024 exceeds €1.9B, surpassing the total for 2023, according to the Quarterly Startup Report. Enschede-based Golden Egg Check (GEC), a Dutch analyst startup that tracks startups, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/10/2024 06:04 EDT

Belgian tech is on a path to sustainable growth with nearly €500M raised in H1 2024: State of Belgian Tech Report

Belgian Tech is on a path to sustainable growth. In H1 2024, startups raised nearly €500M, surpassing the €424M in total funding for the entire previous year. This data was presented in the inaugural ‘State of Belgian Tech Report’, published by Syndicate One, Bain & Company in collaboration with Sofina, combining current data analysis with ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/10/2024 05:48 EDT

Denmark’s Bemakers secures €3.5M to expand its beverage distribution platform in Europe: Know more

Frederiksberg-based Bemakers, a Danish distribution partner for ambitious alcohol brands, announced that it has secured €3.5M in a seed round of funding. Morten Stengaard, CEO and co-founder of Bemakers, says, “We’re excited to close this funding round, and truly appreciate the continued support from our investors. This investment will enable us to expand distribution channels ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/10/2024 03:33 EDT

The achilles’ heel of cloud security: Why two-factor authentication isn’t enough

Analysts at Allied Market Research report the global cloud services market, valued at $551.8 billion in 2021, is projected to hit $2.5 trillion by 2031. A growth rate that outpaces many industries.  But there’s a saying that trees growing too quickly often have the weakest wood. Has the cloud market grown too fast to be ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/10/2024 03:06 EDT

Polish startup Kodano Group secures €9.3M from the Vinci Da Gama Fund: Know more

Polish startup Kodano Group, a manufacturer and distributor of lenses and eyewear frames, announced on Thursday that it has secured €9.3M funding from the Vinci Da Gama Fund, managed by Vinci S.A. The company will use the funds to accelerate its expansion into European markets and advance the development of its laboratory, where optical lenses ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/10/2024 02:57 EDT

France-based Qantev secures €30M to expand its AI claims platform for health & life insurance

Paris-based Qantev, an advanced AI-powered platform for health and life insurance, has raised €30M in a fresh round of funding. Blossom Capital led the round, which included existing investors Elaia, Omnes, and Raise Venture. Ophelia Brown, Founder at Blossom Capital, says, “Qantev’s laser focus on the soaring health and life insurance market, combined with its ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/09/2024 10:28 EDT

The Hague-based UNIIQ invests €2.5M in these seven startups; announces partnership with TNO

The Hague-based UNIIQ, an investment fund focused on the proof-of-concept phase, announced on Tuesday that it has invested €2.5M in various companies and entered into a partnership with TNO, an independent organisation for applied research.  The list of companies includes: “The new companies in our portfolio (>75 companies) represent the strength of the region in ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 10/09/2024 05:48 EDT

Nordic-Dutch climate-tech scaleup Paebbl has raised $25M (approximately €22.81M) in a Series A funding round. The company turns captured CO2 into permanent carbon-storing materials.  The funding will help the company build a sustainable value chain for CO2 storage, positioning the construction industry as a key player in mitigating climate change. The funding round was led ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/09/2024 04:04 EDT

Rotterdam-based Blue Radix, a specialist in autonomous greenhouse solutions, has secured a €5M investment from Dutch-based Navus Ventures and Horticoop to accelerate its commercial growth. Horticoop, representing 300 greenhouse companies committed to enhancing the horticultural sector, aligns with Blue Radix’s mission by investing in solutions that promote increased yield and energy efficiency. Eduard Meijer, Director ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/09/2024 02:54 EDT

Germany’s PIABO Communications acquires PR and social media firm Startup Communication

Berlin-based PIABO Communications, a communications agency for innovative companies, has announced its acquisition of Munich’s PR and social media firm Startup Communication. Founded in 2016, Startup Communication is a PR and online marketing agency specialising in supporting startups and fast-growing companies, particularly those aiming to enter the German market. With a focus on the tech ... Read more Read more ›

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Silicon Canals
Origin Hope @ Silicon Canals · 10/09/2024 01:41 EDT

Discover five AI techs competing at World Summit AI 2024’s Startup Showcase in Amsterdam, showcasing next-gen solutions for legal, health, and business sectors. Read more ›

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Silicon Canals
Origin Hope @ Silicon Canals · 10/08/2024 09:18 EDT

Eight Amsterdam-based startups will showcase their innovative tech solutions at CES 2025 in Las Vegas, joining other Dutch companies. Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/08/2024 07:58 EDT

French biotech firm Generare secures €5M to discover new medicines hiding in bacteria

Paris-based Generare, a biotech company, announced on Tuesday that it has secured €5M in Seed funding from Teampact.ventures, Galion.Exe, and EU-backed VIVES Partners. Synbioven, Saras Capital, and Better Angle also participated among a host of renowned business angels.  The French company will use the funds to refine its technology, expand its library of genetic data, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/08/2024 07:03 EDT

Business intelligence platform Lightdash raises €10M from Accel, Y Combinator, others

Lightdash, an open-source business intelligence (BI) platform, has raised $11M (approximately €10M) in its Series A round of funding to promote self-serve data analytics for modern teams. The round was led by existing investor Accel, with contributions from Operator Partners, Shopify Ventures, Y Combinator, and angel investors including including Michael Grinch (Founder and CEO, WorkOS) ... Read more Read more ›

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23.11.2024 22:34
Last update: 22:20 EDT.
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