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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As our publisher Remco Janssen embarked on his summer break this week, we at Silicon Canals wondered how Dutch startup founders, entrepreneurs, and business leaders are balancing work and downtime. The life of an entrepreneur is akin to living on the edge. You have to be dynamic, proactive but also present. In a challenging economic […] Read more ›
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Amsterdam-based HPE Growth, a long-term growth investor in European technology companies, has attracted minority GP investment from Family Office. Read more ›
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Amsterdam-based cryptocurrency exchange Finst announced on Tuesday the completion of its Proof of Reserves (PoR) assessment conducted by AuditNow, a reputable independent auditing firm based in the Netherlands. The announcement comes eight months after the launch of its cryptocurrency services. The Proof of Reserves audit is a first-of-its-kind, aiming to address the limitations of traditional […] Read more ›
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London-based biotech company Genomes.io has secured €18m funding commitment from GEM Digital Limited to enhance genomic data monetisation. Read more ›
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Helmond-based Lightyear, a manufacturer of solar-powered cars, is reportedly in talks with South Korean enterprise Sunbo for a potential investment of €3.5M. The development comes after both entities signed a letter of intent on June 28, marking a pivotal step in their potential collaboration. “That intention is mutual,” says a spokesperson for Lightyear. The Dutch […] Read more ›
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Ocuco says the investment will support the development of its cloud-based software, Acuitas 3 OmniChannel Edition, catering to various customer touchpoints. Read more ›
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In our rapidly evolving world, it’s more important than ever for workplaces to serve as inclusive, supportive environments for women to thrive professionally. Recognising the industry innovators who break down barriers while setting the bar for equality, the UK’s Best Workplaces for Women 2023 offers a strong showcase. As awareness around gender equity ramps up […] Read more ›
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Food technology startup ENOUGH has secured €40M in growth funding to expand the company's large-scale mycoprotein production. Read more ›
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Frankfurt-based leonardo. impact, an impact measurement startup, announced on Friday, August 18, that it has raised €555K in a pre-seed funding round. The round was led by Beteiligungs-Managementgesellschaft Hessen (BMH), a local Hessen-based investor. In addition to BMH, the German startup also secured the support of eight mission-driven Business Angels. The company says that these […] Read more ›
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Remora Robotics has secured kr30m or €2.5m in funding to enhance its autonomous net cleaning technology for the aquaculture industry. Read more ›
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In a first, Lausanne, Switzerland-based medical device company Comphya announced on Monday the successful implantation of a high-tech, battery-powered device to restore erectile function. The company has developed CaverSTIM, the first implantable device to address erectile dysfunction in patients who do not respond to oral medications. This group includes patients who have suffered spinal cord […] Read more ›
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Ecosia tool will highlight banks funding various aspects of the fossil fuel sector globally, from extraction to distribution and combustion. Read more ›
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Utrecht-based Mingle Sport, a sports tech startup, announced on Friday that it has secured €1.25M funding from a seed round led by angel investors and Dutch multinational Rabobank. Mingle Sport says it will utilise the funds to scale its operations on a global level and launch its premium AI product for coaches and players. “We’re […] Read more ›
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Electric Sheep, an AI tech startup specialising in VFX, has secured €460K in pre-seed funding from AI-focused venture capital firms. Read more ›
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If you'd like to take advantage of your existing skills or move to a company where you can develop them, then the Silicon Canals Job Board is the perfect place to start your search. Read more ›
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Zurich-based Credit Exchange (CredEx), an independent B2B marketplace for Swiss mortgages, announced on Wednesday, August 16, that it has gained two new shareholders – PostFinance and Glarner Kantonalbank. In addition to existing shareholders Bank Avera, Mobiliar, Swisscom, and Vaudoise Insurance, the recent duo will also have a seat on the Board of Directors. PostFinance to […] Read more ›
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metrofibre will use the funds to enhance telecommunication infrastructure, for residents and businesses in the Essen region (Germany). Read more ›
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HelloFresh introduces Factor RTE brand in the Netherlands and Flanders to meet consumer demand for convenience. Read more ›
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Binance, the world’s largest cryptocurrency exchange, announced that it has shut down Binance Connect (previously Bifinity), a part of the Binance exchange where users can buy and sell cryptocurrencies in a controlled way. Binance Connect has posted a Notice of Service Termination. The notification says, “Due to strategic reasons, we announce the termination of all […] Read more ›
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Comptek Solutions claims to be a leader in passivation technology for the global semiconductor industry. Read more ›
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Tech Wire Asia | 19% 7 |
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Android Authority | 5% 1 |
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28.11.2024 19:41
Last update: 19:35 EDT.
News rating updated: 02:32.
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