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Silicon Canals
Vishal Singh @ Silicon Canals · 09/17/2025 05:23 EDT

Sweden’s EvoluteIQ raises €44.7M to expand its agentic AI platform for enterprise

Stockholm-based EvoluteIQ completed a growth capital round to support its global expansion in AI-led enterprise automation. Stockholm-based EvoluteIQ, a native AI platform serving global Fortune 500 clients, announced the completion of a $53M (nearly €44.73M) minority growth capital round led by Baird Capital. The investment will support the company’s global expansion and its development in ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/17/2025 05:06 EDT

Budget 2025: Netherlands commits record €1.8B R&D budget, €230M for semiconductors, €200M for startup growth, and more 

Every third Tuesday of September is Prinsjesdag Day in the Netherlands.  On September 16th, the Dutch caretaker government announced several measures to benefit businesses and entrepreneurs. Starting in 2026, the Ministry of Economic Affairs will contribute over half a billion euros to innovation.  Below are the key takeaways from the budget 2026: Quarter of a ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/17/2025 03:32 EDT

UK-based AI enterprise platform Shop Circle extends its Series B round to $100M: Know more

London-based Shop Circle, which builds AI-driven software for enterprise infrastructure, has extended its Series B round to support growth. London-based Shop Circle, a company focused on building an AI-driven software group for enterprise infrastructure, has extended its Series B funding round to $100M (nearly €84.43M). The round includes $60M in equity and additional strategic financing. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 09/17/2025 03:00 EDT

London-based BNVT Capital launches €126.5M debut fund to back AI-first startups tackling global challenges

London-based VC firm BNVT Capital announced the launch of its debut $150M (approximately €126.5M) fund to invest in AI-first and technology-driven companies that solve humanity’s most pressing challenges. BNVT Capital was founded by Rory Mounsey-Heysham (ex-Gates Foundation), Chris Corbishley (ex-Hedosophia), and Nasir Alsharif, Chairman of Sackville Capital. London-based Sackville has seeded the firm, which already ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/17/2025 02:17 EDT

Germany’s suena energy raises €8M to boost AI-powered smart trading for batteries and renewables

suena energy has completed a Series A funding round to support the growth of its AI-based trading platform for battery storage and renewable energy assets. Hamburg-based suena energy, a company focused on algorithmic optimisation and trading for energy storage systems and renewable energy, has closed a €8M Series A funding round.  The round was led ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 11:10 EDT

US-based Workday to buy Stockholm’s Sana for $1.1B to accelerate “superintelligence at work”

California-based Workday, which provides an AI platform for managing people and finances, has announced its plan to acquire Sana, a company that creates advanced knowledge tools for businesses. Under the terms of the definitive agreement, Workday will acquire all of the outstanding shares of Sana for approximately $1.1B.  The transaction is expected to close in ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 09:40 EDT

Amsterdam’s Sympower lands €19M to expand battery storage optimisation and pursue M&As

Amsterdam-based Sympower, a company enabling the transition to a fully renewable energy system, has secured €19M in funding from pension investor PGGM, investing on behalf of PFZW, the Dutch health care pension scheme. PGGM manages over €250B in pension assets and has a nearly €7B portfolio in energy infrastructure. “Sympower has a highly skilled team ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 08:20 EDT

Amsterdam’s LABFRESH launches new crowdfunding round to expand flagship retail network

Amsterdam-based Labfresh, a startup that aims to fight overconsumption by developing intelligent apparel, announced the launch of a new crowdfunding round to support the opening of additional flagship stores. According to the company, the decision to expand retail now is based on two reasons: In the upcoming months, the company plans to open two flagship ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 06:39 EDT

CSL to pay $117M upfront for option to acquire Dutch biotech VarmX, potential $2.1B in milestone payments

Leiden-based VarmX, a biotechnology company specialising in therapies for coagulation disorders, announced a strategic collaboration with Australian biotechnology firm CSL to advance the development of its lead product — VMX-C001. John Glasspool, Chief Executive Officer of VarmX, says, “The collaboration with CSL represents a transformative step for VarmX. By securing full funding for the registrational ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/16/2025 06:36 EDT

Delft-based agri-tech company PATS bags €2.7M to scale its AI pest control solutions

PATS raises funding to advance its automated pest monitoring and control systems that help growers cut chemical use and protect crops. Delft-based PATS, a Dutch agri-tech company focused on automated pest monitoring and control, has raised €2.7M in Seed funding.  The funding round came from Division Q, Percival Participations, Delft Enterprises, and several tech and ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/16/2025 05:23 EDT

Pension-powered propulsion: Aspire11 launches €500M fund to awaken and harness the dormant European pension capital

Aspire11, led by Pavel Mucha, launched a €500M pension-backed fund to connect long-term pension capital to private markets and venture capital. Prague-based global fund Aspire11 has announced the launch of its first €500M pension-backed fund, led by Pavel Mucha, a venture capital investor in the Central and Eastern European region. The fund is intended to ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 04:34 EDT

Carl Pei’s Nothing becomes unicorn after raising $200M at $1.3B valuation, aims to reinvent smartphones with AI OS

London-based Nothing, the independent consumer technology company, today has secured $200M (approximately €170M) in a Series C funding round at $1.3B valuation. The round was led by Tiger Global, with strong participation from existing investors GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, alongside new backing from Nikhil Kamath and Qualcomm Ventures. In addition to ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 02:45 EDT

EU invests €5M to launch Phortify, a Europe-wide photonics education and training network

The European Commission announced that it is investing €5M to launch a new photonics education and training network. Phortify, short for “Photonics education network for next-gen innovation and digital skills excellence for industry and society”, will link Europe’s leading classrooms and laboratories to build a talent pipeline for industry. This initiative will create a photonics ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 09/16/2025 02:24 EDT

London-based Nory raises €31.4M to help restaurants run smarter with AI: Know more

Nory secures funding to help restaurants manage operations, cut costs, and save time through automation and data-driven insights. London-based Nory, an AI-native restaurant management system for hospitality businesses, announced it has raised $37M (nearly €31.41M) in Series B funding led by Kinnevik, bringing its total funding to $63M (nearly €53.48M). The round follows its Series ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/15/2025 09:28 EDT

Move over SAP, ASML is now Europe’s most valuable tech company: Discover the key milestones in its journey to the top tech throne

For months now, German software giant SAP has held the title of Europe’s most valuable company. However, that’s changed now!  Dutch chip equipment maker ASML has taken the crown as Europe’s most valuable tech company, according to WirtschaftsWoche. On Thursday, ASML’s shares closed at €686 on the Amsterdam stock exchange. With around 388.4M shares outstanding, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/15/2025 09:03 EDT

France-based Byome Labs secures €3.6M to scale its skin microbiome tech for personalised skincare

France-based deeptech startup Byome Labs has raised funding to advance its microbiome-based technology for personalised skincare. France-based Byome Labs, a deeptech startup, has raised €3.6M to develop technology for personalised cosmetic care using the skin microbiome. The funding round included participation from Paris Business Angels (PBA). The funding round includes participation from Paris Business Angels, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/15/2025 08:24 EDT

Paris-based Seyna raises €10M to simplify insurance for brokers: here’s how

Paris-based Seyna, a company providing brokers with insurance products and technology specifically designed for their business, has secured €10M in a latest funding round, led by 115K, the investment fund of La Banque Postale. The company manages €150M in assets under management (AUM) and typically invests initial amounts ranging from €0.5M to €5M. Its investment ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/15/2025 06:25 EDT

Rennes-based advanced photonics company Cailabs raises €57M: Know more

French deeptech company Cailabs secures funding to support its growth, expand its operations, and continue developing its laser communication technologies. Rennes-based Cailabs, a French deeptech company in advanced photonics, has raised €57M to support its industrial expansion and global growth.  The funding round, led by the European Investment Bank (EIB), includes €37M from the EIB. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/15/2025 05:00 EDT

After securing seven-figure funding, Germany’s desk.ly acquires desk booking solution Sedeo

Osnabrück, Germany-based desk.ly, a provider of an AI-powered platform for modern workplace management, announced the acquisition of Sedeo, a desk booking solution. The announcement comes over three months after securing seven-figure funding from HTGF. Sedeo: Digitising the workplace Based in Köln, Germany, Sedeo is a software-as-a-service solution that enables companies to digitise their workplaces and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/15/2025 04:16 EDT

Brussels scaleup AI-Blox closes first funding round to boost physical AI solutions

Brussels-based AI-Blox, a scale-up developing physical AI solutions, announced that it has closed its first funding with the backing of Smartfin, one of Europe’s leading venture capital firms. Smartfin is a European venture and growth capital investor, managing over €600M in assets and investing in early and growth stage B2B technology companies. The VC has ... Read more Read more ›

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12.06.2026 11:48
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