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15.06.2026 − 21.06.2026
Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 2 place · 06/20/2026 15:20 EDT

The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself

Around 1750 BCE in Ur, a customer named Nanni complained in clay about the bad copper sold to him by the merchant Ea-nasir. It is the oldest known written customer complaint, and several others were found in Ea-nasir's house. The behaviour behind a one-star review, nearly four millennia early. Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/26/2025 03:19 EDT

After strong FY 2025, Amsterdam’s Prosus-owned OLX acquires France’s La Centrale for €1.1B 

Amsterdam-based OLX, an online classifieds platform wholly owned by Prosus, announced it has agreed to acquire La Centrale, a French autos classifieds platform, from Providence Equity Partners in an all-cash deal for €1.1B. The recent acquisition allows OLX to enter Western Europe and the French automotive market. By integrating OLX’s resources and technology with La ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/26/2025 03:07 EDT

Einride creates history: Company’s electric autonomous vehicle crosses border and clears customs without a driver

Stockholm-based Einride completes cross-border operation involving its autonomous freight technology in collaboration with Nordic partners. Stockholm-based Einride, a freight technology company that develops digital, electric and autonomous solutions, announced the completion of a cross-border operation involving a cabless electric autonomous vehicle with no human driver onboard. The operation took place at the Ørje border crossing ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/25/2025 10:52 EDT

Amsterdam-based Felyx’s CEO Daan Becker steps down after 4.5 years

Daan Becker, former CEO of Amsterdam-based Felyx, announced his departure after 4.5 years with the company. Daan Becker, former CEO of Amsterdam-based electric shared moped company Felyx, has stepped down from his position after 4.5 years with the company. “Ending my ride,” mentions Becker in a LinkedIn post. “After 4.5 amazing years, I am ending ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 09/25/2025 10:12 EDT

What’s in a Name: DevSkiller rebrands to SkillPanel as skills emerge as the true currency of work

Warsaw-based DevSkiller, a platform for skills intelligence and workforce development, announced the rebranding to SkillPanel. According to the company, rebranding aligns the company’s brand with its vision of becoming the most comprehensive platform for skills visibility, insights, and action. What does SkillPanel do? Led by Jakub Kubrynski, SkillPanel provides HR and L&D leaders with the ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/25/2025 07:45 EDT

Swiss semiconductor cooling startup Corintis exits stealth mode with €20.4M to tackle AI’s thermal bottleneck

Lausanne-based Corintis raises new funding and expands collaborations to address growing challenges in AI infrastructure. Lausanne-based Corintis, a Swiss startup focused on cooling computer chips, came out of stealth mode and announced a $24M (nearly €20.43M) Series A funding round. The round was led by BlueYard Capital, with participation from Founderful, Acequia Capital, Celsius Industries, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/25/2025 07:27 EDT

France’s WAAT lands €100M to accelerate EV charging rollout across Europe 

Île-de-France-based WAAT, a company specialised in charging infrastructure for electric vehicles in private environments, has raised €100M from a sustainable investment fund of the DWS Group (“DWS”), and from Bpifrance. Existing shareholder RAISE Impact also participated in the round. The fresh capital will enable the company to accelerate its development in France and Europe. The ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/25/2025 05:27 EDT

UK’s Nscale secures €936M in Europe’s largest-ever Series B to expand AI data centres

UK-based Nscale, an AI infrastructure provider, has raised $1.1B (approximately €936M) in a Series B round, marking the largest Series B in UK and European history. The financing was led by Aker ASA, with support from existing shareholders, including Sandton Capital, and participation from Blue Owl Managed Funds, Dell, Fidelity Management & Research Company, G Squared, Nokia, NVIDIA, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/25/2025 05:09 EDT

Dutch-based Rapidemic secures €2.3M grant from Gates Foundation: Know more

Dutch-based Rapidemic BV received a grant from the Gates Foundation to support the development of its molecular testing platform. Leiden-based Rapidemic BV, a Dutch molecular diagnostic company, announced that it has received a $2.7M (nearly €2.30M) grant from the Gates Foundation. The grant will support the development of RapiDetect CT/NG, the company’s platform technology for ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/25/2025 04:25 EDT

Copenhagen-based Light gets €25.5M from Balderton Capital and others to replace old accounting systems with AI

Copenhagen-based Light, an AI-native finance platform, has raised $30M (approximately €25.5M) in a Series A funding round led by Balderton Capital. The funding brings Light’s total raised to $43M (approximately €36.6M). Balderton Capital is a multistage venture firm with more than two decades of experience supporting Europe’s best founders from Seed to IPO. “We’ve seen ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/25/2025 03:30 EDT

Amsterdam’s DFF Ventures announces first close of Fund III at €50M to back Vertical AI, recommerce marketplaces

Amsterdam-based DFF Ventures (previously Dutch Founders Fund) has announced the launch of its third fund — DFF Ventures III, and has successfully secured €50M of its €60M target. The firm aims to support a diverse range of sectors, including Vertical AI, recommerce platforms, and marketplaces. The first close of Fund III was reached quickly at ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/25/2025 02:59 EDT

Holy Technologies raises €4.3M to open the world’s first autonomous factory for lightweight components

Germany-based Holy Technologies has secured funding to develop AI-driven autonomous manufacturing for lightweight components in Europe. Europe faces challenges in industrial innovation as manufacturing continues to depend on older processes and offshore production models. Hamburg-based Holy Technologies is focusing on lightweight manufacturing to address these issues. The company announced that it has secured €4.3M to ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 09:47 EDT

Warsaw-based sun.store raises €6M to digitise Europe’s fragmented solar procurement market

Warsaw-based sun.store, a solar-oriented trading platform connecting sellers and buyers, has secured €6M in seed funding, marking one of the largest early-stage rounds in Poland to date. The round was co-led by Contrarian Ventures, Market One Capital, and Movens Capital, with additional backing from FJ Labs, Push Ventures, and Aidiom. The fresh capital will accelerate ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/24/2025 06:03 EDT

German company Cylib receives €26M to turn old EV batteries into new materials

Cylib, a German battery recycling company, has received funding to build a lithium-ion battery recycling facility in North Rhine-Westphalia. Aachen-based Cylib, a German sustainable end-to-end battery recycling company, has received €26.1M in funding.  The investment came from the European Union ERDF/JTF programme in North Rhine-Westphalia (NRW) to construct a lithium-ion battery recycling facility at CHEMPARK ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 05:52 EDT

Sweden’s Cetasol secures €2.3M to scale AI-driven maritime solutions

Gothenburg, Sweden-based Cetasol, a company specialised in AI-driven solutions that transform vessel operations, has secured €2.3M in a seed funding round. The round was co-led by BackingMinds and Shift4Good, with participation from existing investor Sarsia. BackingMinds is a Swedish venture capital investor that finds and backs high-performing founders outside the networks of traditional venture capital. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 04:51 EDT

Delft’s Single Quantum and Brooklyn’s Qunnect join forces with CERN to launch Quantum Networking Lab

Delft-based Single Quantum, a developer of superconducting nanowire single-photon detectors, and Qunnect, a Brooklyn-headquartered company, announced a collaboration. Together, they will work with CERN’s Quantum Technology Initiative to launch its new quantum networking laboratory at CERN. CERN: European Organisation for Nuclear Research Based out of Geneva, CERN (Conseil européen pour la Recherche nucléaire) is the ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/24/2025 04:07 EDT

London-based TRIVER secures €130.5M to help UK SMEs get faster access to cash: Know more

TRIVER, a London-based fintech, has secured new funding to expand its cash flow finance services for UK small businesses. London-based TRIVER, an SME working capital provider, has announced it has secured up to £114M (nearly €130.51M) to change how UK small businesses access finance. The £114M financing includes a £14M (nearly €16M) Series A equity ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 03:19 EDT

Techleap gets €14.8M with three-year extension as Dutch govt unveils plans to fuel startup and scale-up growth

The Dutch government has announced a commitment to strengthening the country’s startup and scale-up ecosystem, unveiling its new action plan “Building the Tech Champions of Tomorrow.” This agenda further supports previously established goals in areas such as financing, talent acquisition, tech jobs, scaling growth, and a focus on knowledge-intensive startups, particularly in deep tech. Drops ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/24/2025 03:03 EDT

This US startup 3D-prints rocket fuel, and a European investor is backing it to bolster NATO and allied resilience and readiness

Firehawk Aerospace, a US-based defence tech firm, has closed an investment round with participation from European and US investors. Firehawk Aerospace, a Texas-based defence technology company, has closed a $60M (nearly €50.87M) investment round. The amount of the investment was not disclosed. The oversubscribed round was led by 1789 Capital, whose partners include Donald Trump ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/23/2025 09:22 EDT

etn, Europe’s take on TBPN, raises €171K at €1.1M+ valuation to ‘save European tech media’

London-based The European Technology Network (etn) has raised £150K (approximately €171K) in funding from European angels at a valuation exceeding £1M (approximately €1.1M)  to reshape European tech journalism. Angel investors who participated include: With this move, etn aims to create a technology show similar to TBPN, a daily live video podcast that started around eleven ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/23/2025 07:20 EDT

Amsterdam’s Insify secures €16.3M to expand AI-powered SME insurance platform

Amsterdam-based Insify, the insurtech platform for freelancers and SMEs, has raised €16.3M in a Series B funding round. The round was led by Evli Growth Partners, with continued support from Accel, Opera Tech Ventures, Munich Re Ventures, Visionaries Club, and Frontline Ventures. Based out of Helsinki, Evli Growth Partners is a later-stage VC investing in ... Read more Read more

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22.06.2026 00:58
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