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04.08.2025 − 10.08.2025
Silicon Canals
Vishal Singh @ Silicon Canals · 08/04/2025 10:34 EDT

Luxembourg’s Banking Circle finalises acquisition of ASL: Know more

Luxembourg-based Banking Circle, a technology-led payments bank, has completed its acquisition of Australian Settlements Limited (ASL), a licensed Authorised Deposit Taking Institution (ADI) in Australia. The agreement was signed in December 2024.  The acquisition brings together ASL’s ADI licence and domestic banking, payments, and settlement operations with Banking Circle’s cross-border payments and infrastructure network. The ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/30/2025 08:17 EDT

EIC selects 40 European startups to receive EIC funding: Meet the 4 companies from the Netherlands

The European Innovation Council (EIC) has selected 40 companies (startups and SMEs) to receive funding following its latest evaluation round. Out of 150 proposals that reached the interview stage, these companies were chosen for their transformative technologies and strong commercial promise, securing a mix of grant and equity support.  The proposed funding is around €230M. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/30/2025 07:12 EDT

Sweden’s Tandem Health secures €42.6M to build AI-native OS that empowers clinicians

Stockholm-based Tandem Health, a healthtech company transforming clinical workflows with AI, has raised $50M (approximately €42.6M) in a Series A funding round. The round was led by Kinnevik, with participation from Northzone, Amino Collective, and Visionaries Club. The investment will accelerate Tandem’s mission to remove the administrative burden from healthcare professionals and enable more time ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/30/2025 05:31 EDT

Dutch-based SDS Separation secures €2M to make carbon capture work for smaller industries

Zwijndrecht-based SDS Separation BV, a Dutch company specialising in end-to-end carbon capturing, has completed a Series A funding round of €2M. Percival Participations, Invest-NL, and management participated in the financing round. Bart Boogaard, investment manager at Invest-NL, says, “CO2 capture is essential for a carbon-neutral industry. Even in the long term, there will be industrial ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 06/30/2025 04:02 EDT

Eindhoven’s Tibo Energy secures €6M to tackle grid congestion in Europe; plans to double its team 

Eindhoven-based Tibo Energy, a developer of a next-generation Energy Management System (EMS) for industrial and commercial energy sites, has raised €6M in the Seed funding round. The round was led by KOMPAS VC with participation from Hitachi Ventures and WEPA Ventures, alongside existing investors SET Ventures and Speedinvest. KOMPAS VC is a specialist early-stage venture ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/30/2025 03:17 EDT

Delft-based Tarnoc secures €1.2M to build the first all-electric ‘Turbine Heat Pump’

Delft-based Tarnoc, a cleantech startup, announced that it has secured €1.2M in a fresh funding round to accelerate the commercial rollout of its innovative Turbine Heat Pump. Tarnoc’s mission is to reshape sustainable heating and decarbonise the built environment across Europe. The Dutch company will utilise the funds to scale up production capacity, execute its ... Read more Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 06/30/2025 03:00 EDT

From telecom veteran to Dutch Startup Visa success: The Jignesh Dave story

When Jignesh Dave decided to launch his fourth startup, he could have chosen any number of global tech hubs. Silicon Valley beckoned with its venture capital magnetism. London offered financial services expertise. Singapore promised Asian market access. Instead, this seasoned entrepreneur with 25 years of experience in operational, market, and financial risk mitigation set his ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/30/2025 02:55 EDT

Amsterdam’s Tiqets lands €25M loan to refinance existing venture debt: Know more

Amsterdam-based Tiqets, a ticketing platform, announced that it has secured €25M in a loan from ABN AMRO. The funding will be utilised to refinance existing venture debt, providing cost savings and more flexibility for future growth. ABN AMRO focuses on supporting clients across industries through innovative financial solutions. With a focus on digital transformation, ABN ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/30/2025 02:00 EDT

Paris-based Bonx raises €7.3M to become the AI-powered operational backbone of European manufacturing

Paris-based Bonx, a company that provides an Enterprise Resource Planning (ERP) system based on no-code and graph technologies, has secured $8.6M (nearly €7.33M) in Seed funding. The round was led by global investment firm 9900 Capital, with participation from Kima Ventures, Purple, OSS Ventures, and Dynamo Ventures. Capital utilisation Bonx will allocate the funds as ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 06/28/2025 04:55 EDT

In other news this week: Zama becomes unicorn after raising €49M, Metaview lands €30.1M, Boost inc secures €16M and more

The startup world has been full of action lately. Everywhere you look, companies are raising money, teaming up with new partners, or buying other businesses. It feels like there’s something big happening every single day, and honestly, it’s hard to keep track of it all. Even if you try your best to stay updated, some ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 06/27/2025 11:09 EDT

UK’s Gradient Labs claims to have solved AI customer service for finance; will pay $10K if your provider beats them

London-based Gradient Labs, a startup building an autonomous AI agent aiming to resolve up to 80% of customer queries, announced a bold new initiative — a $10,000 challenge. “We’re offering $10,000 to any company that tests us side-by-side with ANY other customer support automation solution – and we lose,” says Dimitri Masin, founder of Gradient ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 06/27/2025 09:14 EDT

Dutch government invests €200M to launch AI factory in Groningen’s former tobacco plant: Know more

The Dutch government, in partnership with the Groningen/Noord-Drenthe region and European partners, has announced a €200M investment to establish a national AI Factory in Groningen. The initiative is part of a strategic effort to secure the Netherlands’ digital independence and strengthen its position as a European leader in artificial intelligence innovation. The AI Factory will ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 06/27/2025 07:24 EDT

Tallinn-based Flowstep secures €2.2M to help teams ‘design at the speed of thought’ with AI-native platform

Tallinn-based Flowstep, a design-tech startup developing an AI-native canvas for product design teams, has raised $2.6M (nearly €2.21M) in a seed funding round. This brings the company’s total funding to $4.5M (nearly €3.84M). The current investment round was led by London-based Supernode Global, with participation from Adesso Ventures, Angel Invest, Dnipro VC, Iron Wolf Capital, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/27/2025 05:23 EDT

YC-backed Bitrise invests €2.5M to launch a data centre in the Netherlands, the first in the EU operated by a DevOps platform

Budapest-based Bitrise, a mobile DevOps platform, has announced plans to launch a data centre in the Netherlands in response to increased demand for data residency within the European Union (EU). “In an era of geopolitical volatility and increasing regulatory complexity, mobile innovation in Europe demands sovereignty, speed, and security,” says Barnabás Birmacher, CEO and Co-founder ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 06/27/2025 03:59 EDT

German drone tech company Wingcopter raises funds as it strengthens leadership team

Wingcopter, a German drone technology company, has received fresh funding from Nordic Secondary Fund, along with continued support from existing shareholders and the European Investment Bank (EIB). The funding decision was influenced by Wingcopter’s progress toward type certification for its delivery drones in the US, Brazil, and Japan. The company is also expanding into drone-based ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/27/2025 02:21 EDT

Dutch-based ScoutinScience raises nearly €1M to turn scientific research into real-world results

ScoutinScience, a Dutch AI-powered platform specialising in research valorisation and innovation strategy, has raised nearly €1M in growth funding. The company uses artificial intelligence to scan scientific publications and identify technology transfer opportunities for universities, corporations, and investors. The funding round included follow-on support from 819 Capital and contributions from several angel investors with backgrounds ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/26/2025 10:32 EDT

What’s in a Name: Fonio.ai’s founders finalised its name during a 90-minute car ride; now the AI startup records 92% revenue growth

In a world where customer support often falls short, fonio.ai was founded by Daniel Keinrath and Matthias Gruber in mid-2024 with a sharp focus: to improve the phone call experience for SMEs. Based in Vienna, fonio.ai enables companies to create a customised AI phone assistant that is available 24/7 and facilitates natural conversations. Companies can ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 06/26/2025 09:18 EDT

Amsterdam-based startups that raised funding in June 2025; 7 of them are hiring right now

The Dutch tech ecosystem is riding a wave of momentum, defying broader European trends and cementing its position as one of the continent’s leading startup powerhouses. According to Techleap’s latest report, Dutch startups raised a total of €3.1 million in venture capital over the past year, representing a significant 47% increase compared to 2023. This ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 06/26/2025 06:33 EDT

Italian fintech Sibill closes €12M Series A round led by Creandum

Milan-based Sibill, a fintech focused on financial and administrative management for SMEs, has closed a €12M Series A funding round.  The investment was led by European venture capital fund Creandum, with participation from Keen Venture Partners and several Italian and international business angels. This round brings the Italian fintech company’s total funding to €18.7M. Previously, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/26/2025 05:56 EDT

Dutch firm Sygno receives funding to combat financial crimes through AI

Leusden, the Netherlands-based Sygno, an AI specialist in the fight against fraud and money laundering, announced that it has received a strategic investment from TIN Capital and ROM Utrecht Region. TIN Capital is one of Europe’s leading investors in cybersecurity and was founded in 1998.  Since 2018, it has actively invested in promising cybersecurity companies ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 06/26/2025 03:53 EDT

Irish agritech firm Antler Bio raises €3.6M to transform dairy farming with gene expression tech

Dublin-based Antler Bio, an agritech company focused on gene expression in dairy farming, has raised $4.3M (nearly €3.67M) to expand its EpiHerd system. With this round, the company’s total funding, including grants, reaches $8.5M (nearly €7.26M). The investment was led by The First Thirty Ventures, a VC firm focused on early-stage agricultural technologies that support ... Read more Read more

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11.08.2025 09:41
Last update: 09:35 EDT.
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