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Silicon Canals
Vishal Singh @ Silicon Canals · 09/08/2025 06:19 EDT

Haarlem-based Reavant secures €350K to build AI tools for real estate management

Dutch-based Reavant, a developer of AI agents for real estate management, has received a convertible loan as it plans to expand further in Europe. Haarlem-based Reavant, a Dutch developer of AI agents for real estate management, has received a €350,000 convertible loan from Amsterdam’s North Holland Innovation Fund to continue developing its platform. The Innovatiefonds ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/08/2025 05:39 EDT

Amsterdam-based Aplauz closes sale of its Dutch EMI arm to Singapore’s WSPN: Know more

Amsterdam-based Aplauz Financial Services, a fintech company, announced the sale of its Aplauz NL, a licensed Dutch Electronic Money Institution (EMI), to WSPN (Worldwide Stablecoin Payment Network), a global digital payments company. The deal started with a 9.9 per cent minority stake transfer in October 2024 and was finalised in July 2025 following De Nederlandsche ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/08/2025 04:14 EDT

Helsinki-based DataCrunch raises €54.5M to build Europe’s first AI cloud hyperscaler

Helsinki-based DataCrunch, a cloud platform providing GPU compute for AI development, has raised a $64M (approximately €54.5M) in a Series A round co-led by byFounders, Skaala, Varma Mutual Pension Insurance Company, and Tesi. Others, including J12 Ventures and select angel investors, also participated. A portion of the funding also includes debt financing from Nordea, Armada ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/08/2025 03:14 EDT

ASML reportedly becomes French AI unicorn Mistral’s top shareholder after €1.3B investment

Veldhoven-based ASML Holding, a manufacturer of chip-making equipment, is set to invest €1.3B in the Paris-based AI company Mistral, becoming a top shareholder.  This announcement follows reports that the French company has reportedly completing €2B funding round, at a valuation of $14B. With this investment, ASML aims to strengthen European tech sovereignty, reports Reuters.  As ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/08/2025 02:54 EDT

Peter Thiel-backed German drone manufacturer Quantum Systems to invest €50M in the UK to support MoD’s autonomy push

Quantum Systems has announced plans to increase its presence in the United Kingdom through new investments, operations, and leadership appointments. Gilching-headquartered drone manufacturer Quantum Systems has announced a long-term investment plan of up to €50M in the United Kingdom over the next five years. Quantum Systems develops AI-powered unmanned systems, including electric vertical take-off and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 09/06/2025 04:30 EDT

In other news this week: CHARM Therapeutics raises €68.2M, MRM Health secures €55M, HappyRobot bags €37.7M funding and more

Lately, there’s been a lot happening in the technology world. Startups and established companies are busy announcing new funding, forming partnerships, and making acquisitions. It’s been so fast-paced that it’s hard to keep up with every update, and some important news may have gone unnoticed. We can’t cover every story, but it’s important not to ... Read more Read more ›

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Silicon Canals
Remco Janssen @ Silicon Canals 1 place · 09/05/2025 11:56 EDT

FT just killed The Next Web – and with it, a piece of Europe’s tech ecosystem

It feels like not a month goes by without writing an obituary for another European tech media title. After the demise of TechCrunch Europe, another one bites the dust. At the end of this month, The Next Web Conference and its media title under the same name will be gone. Done, kaput. This isn’t just ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/05/2025 10:26 EDT

Amsterdam’s Easee acquired by Chicago’s Visibly: Know more

Visibly has acquired Amsterdam’s digital eye care company, Easee, to expand its online eye care services. Visibly, a Chicago-based healthcare technology company, has acquired Amsterdam’s Easee, a company in digital eye care. Easee is a provider of digital eyecare services specialising in telemonitoring and hybrid care pathways. Yves Prevoo, founder and CEO of Easee, confirmed ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/05/2025 05:58 EDT

Europe’s fastest supercomputer JUPITER to launch in Germany: Watch live

German research centre Forschungszentrum Jülich to inaugurate JUPITER, an exascale-capable supercomputer, on 5 September 2025. Germany-based Forschungszentrum Jülich, a research centre and founding member of the Helmholtz Association, has announced the launch of JUPITER, an exascale-capable supercomputer, at the Jülich Supercomputing Centre.  The system is the first in Europe, and a livestream of the launch ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 09/05/2025 05:56 EDT

Dutch photonics startup MicroAlign secures funding

Eindhoven-based MicroAlign, a spin-off from the Eindhoven University of Technology, has secured €350K in funding from the Brabant Startup Fonds BV, with the support of TU/e KTO – The Gate. With this funding, the company will expand the range of its fibre array specifications, enabling smaller pitch sizes and supporting a higher number of fibres. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 09/05/2025 04:40 EDT

EIC Scaling Club’s deep tech scaleups, including Dutch-based Axelera AI, raise €1.2B funding

European Innovation Council (EIC) has announced that its 120 member companies have collectively raised over €1.2B in funding since joining the programme. The announcement was made by Stéphane Ouaki, Acting Director of the European Innovation Council & SMEs Executive Agency (EISMEA), during the EIC Scaling Club Ambition Forum in Riga, Latvia. What is the EIC ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/05/2025 04:02 EDT

Utrecht-based Zympler secures €1.5M to help businesses manage energy systems

Utrecht-based energy software company Zympler secures seed funding. The company provides a platform that links and manages energy systems for businesses. Utrecht-based Zympler (formerly Simpl.energy), an energy software company for businesses, announced that it has raised €1.5M in seed funding. Arches Capital led the round with co-investor ROM Utrecht Region. ROM Utrecht Region is a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/05/2025 02:53 EDT

Eindhoven’s TracXon raises €4.75M to offer sustainable and more material-efficient alternative to polluting PCBs

Eindhoven-based TracXon, a deep tech spin-off from TNO, has raised €4.75M in seed funding. The round was led by DeepTechXL, with participation from Invest-NL and the Brabant Development Agency (BOM). The announcement comes six months after TNO joined forces with Techleap and Invest-NL to accelerate tech-related innovations, support startup growth, and enhance competitiveness.  TracXon is ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/05/2025 02:48 EDT

Amsterdam-based NLR’s HYDRA II becomes first drone to fly on liquid hydrogen in the Netherlands

Amsterdam’s NLR completed the first flight of its drone powered by liquid hydrogen in Dutch airspace. The flight tested hydrogen technology and safety procedures. Amsterdam-based NLR – Netherlands Aerospace Centre announced the first test flights of its HYDRA II drone powered by liquid hydrogen. The flights were carried out at NLR’s site in Marknesse, a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 10:31 EDT

What’s in a name: How two rectangles and a wave function shaped Equal1’s brand story

Quantum computing can tackle complex problems that regular computers can’t handle. However, it faces challenges with scaling up and costs. Here’s where Dublin-based Equal1, founded by experts in quantum physics and semiconductors, aims to democratise quantum computing by making it accessible and affordable with its innovative quantum silicon technology. What does Equal1 do? Founded in ... Read more Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 09/04/2025 09:05 EDT

How Cradle leverages Dutch Visa for international talent to build AI-powered biology solutions

In a bustling biotech lab in Amsterdam, a quiet revolution is taking place. Cradle, the AI-powered protein engineering company, is solving some of biology’s most complex challenges by assembling one of Europe’s most diverse technical teams. With 70 employees spanning more than 10 nationalities across Amsterdam and Zurich, the company exemplifies how strategic international hiring ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 09:02 EDT

Paris-based Mistral AI reportedly set for €2B raise, eyes $14B valuation

Paris-based Mistral AI, a company specialised in generative artificial intelligence, is reportedly in the process of concluding a €2B funding round that would value the company at $14B. If successful, this investment would make Mistral AI one of the most valuable tech startups in Europe. The announcement comes at a time when European AI companies ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 06:40 EDT

Amsterdam’s DutchBasecamp joins forces with ACE to help founders expand globally; appoints new MD

DutchBasecamp (DBC), an Amsterdam-based non-profit organisation that helps startups and scale-ups towards international growth, announced a strategic partnership with ACE. With years of experience and a global network, DutchBasecamp has supported over 750 startups and scale-ups in identifying the right markets, developing effective go-to-market strategies, and overcoming the challenges of international expansion. DutchBasecamp x ACE ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/04/2025 06:38 EDT

Swiss drone startup Flybotix secures nearly €8.5M to scale confined-space industrial inspections

Lausanne-based Flybotix, a robotics company developing drones for industrial inspections, has raised a Series A extension round. Lausanne-based Flybotix, a robotics company focused on drone-based inspection of confined spaces in industrial and civilian assets, has raised nearly $10M (nearly €8.58M) in a Series A extension round.  The round was led by a family office focused ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 05:46 EDT

Dutch firm Avantium raises €65M to cover financial runway until EBITDA break-even in 2027

Amsterdam-based Avantium, a company specialising in sustainable chemistry technologies, announced the launch of a €65M capital increase through a fully committed and underwritten rights offering. The announcement comes a few weeks after signing a conditional agreement with its lenders — ABN AMRO, ASN, ING, Invest-NL, and Rabobank to extend and amend its Senior Debt Financing ... Read more Read more ›

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