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Guest Contributor @ Silicon Canals · 08/10/2023 09:08 EDT

Istanbul and Lisbon on the rise as buzzing European startup hubs

When you think of Europe’s biggest startup hubs, it is London, Berlin, Barcelona, Paris and Amsterdam that tend to spring to mind. But now, investment and innovation in startups is seeing both Istanbul and Lisbon. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/10/2023 08:17 EDT

Germany’s NeoTaste raises €5.9M for its marketing app to help restaurants engage with customers

NeoTaste says it will use the funds to expand to more German cities, enter international markets, and introduce new products and services on its platform. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/10/2023 07:03 EDT

North Brabant-based Opcharge secures €32M to accelerate growth of its charging station network

Opcharge says it will use the funds to amplify the growth of its charging station network on both national and international fronts. Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 2 place · 08/10/2023 04:44 EDT

Amsterdam’s Orderchamp, TICA introduce Orderchamp World to merge online and offline retail

Orderchamp and TICA have partnered to launch 'Orderchamp World,' combining offline and online purchasing for retailers. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 08/10/2023 04:40 EDT

WeWork’s survival at stake as Q2 2023 financial report reveals mixed bag of results

New York-based WeWork, a real estate company that provides shared workspaces, recently announced its financial results for Q2 2023, shedding light on its ongoing struggle in an increasingly competitive and turbulent market.  The financial report reveals a mixed bag of results, showcasing both signs of improvement and persistent challenges. Revenue growth amidst headwinds WeWork reported […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 08/10/2023 04:11 EDT

Norway’s Pistachio bag €3.2M; launches AI security platform to combat cybersecurity threats

Pistachio has also launched an AI-driven security training platform to assist European corporations in combating cybersecurity threats. Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals 2 place · 08/10/2023 03:57 EDT

Meet Amsterdam’s Pengu, a SaaS startup unlocking maximum savings on SaaS purchase and renewal

What’s common between Dopper, ChannelEngine, and MatchWornShirt? They all use Pengu to cut down their SaaS application cost. Like consumers troubled with inflation and rising prices of streaming services, businesses have also grown increasingly wary of the cost associated with SaaS applications. The process of buying and renewing SaaS applications has become a technical quagmire, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/10/2023 03:22 EDT

GoCardless, Revolut investor backs Germany’s deepset to help enterprises build large language modules.

Berlin-based deepset, a company that offers enterprise developer tools to build applications with LLMs, announced on Wednesday, August 9, that it has secured $30M (approximately €27.3M) in a funding round led by Balderton Capital.  Existing investors GV (Google Ventures) and Harpoon Ventures also participated in the round.  deepset has also secured backing from experienced founders […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/09/2023 10:09 EDT

London-based startups that raised $10M and more in July; 8 of them are hiring

The entrepreneurial landscape is ever-evolving, and nowhere is this more evident than in the bustling city of London.   Last month, a promising lineup of London-based startups secured impressive funding of over $10M, setting the stage for their disruptive innovation and accelerated growth. This financial injection speaks volumes about the strength of the ideas of these […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/09/2023 08:23 EDT

German robotics startup sewts bag €7M to simplify manual labour in the textile industry

sewts’ vision is to become a global automation partner for industries working with easily deformable materials. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/09/2023 07:02 EDT

UK’s SumUp bags €91M in credit facility from Victory Park Capital for its merchant cash advance product

London-based SumUp, a fintech company, announced on Wednesday that it has entered into a $100M (approximately €91M) credit facility with Victory Park Capital, an alternative investment firm that specialises in private credit.  The credit facility will enable SumUp to provide advance payments to UK merchants. The company also has plans to expand this service to […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/09/2023 06:15 EDT

Germany’s Sereact raises €4.5M to provide AI robotics solutions for autonomous warehouses

Sereact says it will use the funds to expand its workforce and support the development and international roll-out of PickGPT. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/09/2023 04:59 EDT

Micromobility.com’s bid to acquire VanMoof rejected by trustees amidst bankruptcy proceedings

US-based Micromobility.com’s non-binding bid to acquire bankrupt Dutch company VanMoof has been rejected by its trustees. The US company had submitted the bid earlier this month. Salvatore Palella, founder & CEO of Micromobility.com, wrote on X (previously Twitter), “Regrettably, our bid for #VanMoof, which deeply prioritized consumer protection & job preservation, wasn’t accepted by the […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/09/2023 04:03 EDT

Amsterdam’s Matrixian Group raises €1.5M to strengthen its data & AI services in real estate

Pride Capital invested an additional €1.5M into Matrixian Group, which previously received €2M in funding, to drive technological advancements and international growth. Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 08/09/2023 03:59 EDT

UK’s We Are Fulfilment bag €814K from Foresight Group; makes key leadership hires  

Foresight Group has invested €814k into We Are Fulfilment Limited (WAF) through the Midlands Engine Investment Fund (MEIF). Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 08/09/2023 03:57 EDT

UK-based Cornish Lithium bags €61M as it ramps up mineral exploration in Cornwall

Cornwall, UK-based Cornish Lithium, a pioneering mineral exploration and development company, announced that it has raised $67M (approximately €61M) investment from a consortium of prominent institutional investors.  The consortium is led by the UK Infrastructure Bank alongside The Energy & Minerals Group (EMG) and TechMet.  Of the total investment, the UK Infrastructure Bank has invested […] Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 08/09/2023 03:52 EDT

Malta’s allure for startups: Strong ecosystem and access to funding

Unless you’re considering launching your venture or scaling it in Malta and you are eligible for non-dilutive funding from Malta Enterprise. Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 08/08/2023 09:00 EDT

Germany-based energy storage startup Kraftblock bags €20M; aims to decarbonise global industries

Germany-based energy startup Kraftblock secures €20M in a Series B financing round to speed up decarbonisation in global industries. Read more ›

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

Archangels leads €4.6M round in Scotland’s life science firm Cytomos: Know more

Cytomos has developed a platform called CDS (Cell Decision Systems) to address challenges in the biopharmaceutical industry. Read more ›

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29.11.2024 05:21
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