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Vigneshwar Ravichandran @ Silicon Canals · 10/22/2025 03:03 EDT

Glasgow’s Chemify raises €43M to digitise molecule creation using AI

Scottish firm Chemify, a deep-tech company fusing chemistry, robotics, and AI computation, has raised funding in an oversubscribed Series B round. Glasgow-based Chemify, a deep-tech company blending chemistry, robotics, and computation, has raised over $50M (approximately €43M) in an over-subscribed Series B funding round. The round was co-led by Wing Venture Capital and Insight Partners, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/22/2025 02:52 EDT

Amsterdam’s BigCircle Ventures secures €2M to help build new cleantech startupsAmsterdam’s BigCircle Ventures secures €2M

Amsterdam-based BigCircle Ventures has raised €2M in funding to expand its work in building cleantech startups. Amsterdam-based BigCircle Ventures, which aims to be the world’s leading cleantech venture builder, has completed a €2M funding round. The round brings in more than 10 new investors, including Oost NL and Alphatron Group BV. Oost NL will work ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/21/2025 10:22 EDT

Why industrial startups don’t fail because of ideas – but because of manufacturing

Launching a startup in the industrial sector is not just a marathon, it’s a hurdles race. Unlike software or service-based ventures, where digital skills and agile pivots often determine success, industrial startups face a unique set of challenges. Think: hardware constraints, regulatory requirements, long sales cycles, and customers who value reliability over rapid iteration. In ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 09:16 EDT

Germany’s Enpal secures €700M ABS facility with M&G for residential solar and heating loans

Berlin-based Enpal partners with M&G in a €700M deal to make solar panels and heat pumps more affordable for European homes. Berlin-based Enpal, a provider of residential solar energy in Europe and the biggest heat pump provider in Germany, has created a €700M asset-backed securities (ABS) warehouse in partnership with UK investment manager M&G. “Our ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/21/2025 08:17 EDT

Dutch truck-services platform TRAVIS acquired by Germany’s Knorr-Bremse: Know more

Tilburg-based TRAVIS Road Services, a Dutch platform for booking, paying, and managing truck services, has been acquired by Knorr-Bremse. Tilburg-based TRAVIS Road Services, a Dutch platform for booking, paying and managing truck services, has been acquired by Knorr-Bremse, a Berlin-based supplier of braking systems and technology for rail and commercial vehicles.  A digital platform for ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 08:06 EDT

UK’s General Index raises €8.6M to redefine global commodity and energy pricing

Molten Ventures announced that it has invested €8.6M funding in Series A extension round in General Index (GX), a London-based energy price benchmark provider. London-based General Index, an energy price benchmark provider, has secured $10M (approximately €8.6M) in a Series A extension round investment from Molten Ventures. Molten Ventures is one of the most active venture capital ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 06:52 EDT

The A-Z of the AWS outage: What happened, why and what’s next

Amazon Web Services,  a cloud computing provider, experienced an hour-long outage, causing major disruption across the globe. Amazon Web Services,  a cloud computing provider that hosts many of the world’s most-used online services, experienced an hour-long outage, causing major disruption across the globe. However, the company acknowledged it and said engineers were immediately engaged to ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/21/2025 05:20 EDT

Helsinki-based Lifeline Ventures launches €400M Fund VI to back Europe’s next unicorns

Helsinki-based Lifeline Ventures has launched its sixth fund to continue supporting early-stage startups and founders across Europe. Helsinki-based Lifeline Ventures, a sector-agnostic early-stage VC firm, has announced the launch of Fund VI, a €400M vehicle aimed at supporting Europe’s next generation of startups. The firm claims to have delivered top-quartile returns and was the first ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 04:26 EDT

Zurich’s Chipmind emerges from stealth with €2M to bring AI agents to chip design

Chipmind, a Zurich-based startup creating AI tools to improve microchip development, has launched after a period of stealth. Zurich-based Chipmind, a startup building AI agents to accelerate the development of microchips, announced its launch from Stealth, along with $2.4M (approximately €2M) in its pre-seed round. Founderful led the funding round with the participation of prominent ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/21/2025 03:12 EDT

Dutch watertech startup HULO raises €2.3M to use AI for detecting water leaks

HULO, a Dutch watertech startup, has raised a new round of funding to support its growth and technology development. Leeuwarden-based HULO, a Dutch watertech startup that applies AI to detect leaks in water infrastructure, has raised €2.3M in a seed funding round. The funding will support the company’s global expansion. The round was led by ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 02:00 EDT

Amsterdam-based Hydryx raises €2.5M to turn trash into clean power

Dutch climate tech startup Hydryx has raised capital in seed funding to expand its innovative methane-capture technology across Europe. Amsterdam-based Hydryx, a climate tech startup combating methane emissions from landfills, has secured €2.5M in a seed funding round to accelerate its expansion into Europe. The round was led by impact investor Marcel Smits and venture ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/20/2025 05:52 EDT

London-based CoMind raises €87.8M to advance AI-powered, non-invasive brain monitoring

UK-based CoMind secures €87.8M to develop technology to monitor and treat the brain without invasive procedures. London-based CoMind, a company transforming brain healthcare with its non-invasive technology, has secured $102.5M (nearly €87.88M) in funding. The company plans to complete clinical trials, pursue regulatory approval in the US, and expand its team. The funding round was ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 10/20/2025 03:45 EDT

Dutch-based GIGA Storage unveils Giraffe, Amsterdam’s largest energy storage project

GIGA Storage launched its third large-scale energy storage project in Amsterdam’s Western Port Area to boost grid reliability and support clean power. Amstelveen-based GIGA Storage, an energy company that develops and deploys large-scale energy storage projects, announced that it has officially opened its third large-scale energy storage project — Giraffe. Located in Amsterdam’s Western Port ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/20/2025 03:04 EDT

After EIF’s €40M, Amsterdam’s Keen Venture Partners lands another €40M from PME Pensioenfonds for defence fund

Amsterdam’s Keen Venture Partners secures another €40M from PME Pensioenfonds for its defence fund to strengthen Europe’s strategic autonomy. The Hague-based PME Pensioenfonds announced that it is investing €40M in Amsterdam-based Keen Venture Partners’ European Defence and Security Tech Fund. The announcement comes around five months after raising €40M investment from the European Investment Fund ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 10/20/2025 02:50 EDT

Stockholm’s Sportway acquires Amsterdam’s Eyecons and Paris-based Sportall: Know more

Stockholm’s Sportway, a digital content and data management company, has acquired Amsterdam’s sports OTT platform Eyecons and Paris-based Sportall, a sports tech company. Sportway, a subsidiary of Sportway Media Group, works in media and technology with a focus on sports content and data management. The company partners with rightsholders to develop production methods and distribution ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/20/2025 02:40 EDT

Cut the Q to P: Bristol’s PEEQUAL raises funding to scale its squat-and-go, sustainable women’s urinal

Bristol-based PEEQUAL, known as the UK’s first “squat-and-go” women’s urinal, has raised close to £1M (around €1.1M) in fresh funding. Bristol-based PEEQUAL, the UK’s first squat-and-go women’s urinal, has secured nearly £1M (approximately €1.1M). However, the company didn’t disclose exact funding figures or the names of the investors. The UK company will use the funds ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 10/17/2025 09:54 EDT

AI Tool of the Week: Amsterdam unicorn DataSnipper unveils Microsoft-powered AI Agents for faster, error-free audits

Amsterdam unicorn DataSnipper, in collaboration with the Redmond giant Microsoft, launched its new AI Agents to transform auditing and financial reporting. Amsterdam-based unicorn DataSnipper, an automation platform for audit and finance teams, in collaboration with the Redmond giant Microsoft, launched its new AI Agents — Disclosure Agents and Excel Agents. These AI agents powered by ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 10/17/2025 08:36 EDT

London’s unlock VC unveils 18 female-founded startups to watch at Paris Summit for Founders Connect

London-based Unlock VC spotlights 18 women-led startups tackling AI, health, and more for Founders Connect Program. London-based unlock VC (previously WVC:E), a platform and community for women in VC globally, announced the list of 18 female-founded startups to watch. The announcement was made at an event in STATION F, the business incubator campus for startups ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/17/2025 06:53 EDT

London-based INSTANDA raises €17.1M to enhance its AI-powered insurance platform and expand globally

London-based no-code insurance platform INSTANDA has secured new funding to support its expansion, platform development, and acquisitions. London-based INSTANDA, a no-code insurance platform that enables insurers and Managing General Agents (MGAs) to launch, manage, and optimise products, has completed a $20M (nearly €17.10M) investment round.  The funding was led by CommerzVentures, a Frankfurt-based fintech and ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/17/2025 05:09 EDT

London’s Hyperlayer bags €34.3M to help banks and businesses launch new financial services faster

London-based Hyperlayer raises funds to expand its programmable financial services platform for banks, wealth managers, and businesses. London-based Hyperlayer has secured £30M (nearly €34.39M) in venture funding to expand its financial technology platform for banks, wealth, and asset managers. The round was led by global equity specialist CDAM, with participation from new investors Mouro Capital, ... Read more Read more ›

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