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Vishal Singh @ Silicon Canals · 08/08/2025 03:30 EDT

Spain’s Bit2Me raises €30M led by Tether to expand its crypto services

Spain’s Bit2Me, a digital asset platform serving Spanish-speaking users, has received €30M in fresh funding led by Tether Ventures. Tether Ventures is an independent investment arm of Tether, based in El Salvador. This move is part of Tether’s broader investment strategy, which targets technology projects in various regions. Paolo Ardoino, CEO of Tether, says, “Bit2Me ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/07/2025 10:40 EDT

Dutch-based Decubate becomes Europe’s first MiCAR-compliant crypto launchpad 

Zoetermeer, the Netherlands-based Decubate, a crypto launchpad and crowdfunding platform for web3 projects, announced that it has received a MICAR license. This official recognition allows Decubate to offer regulated crypto services throughout the European Union. With the new European MiCA (Markets in Crypto-Assets) regulations in place, a license is now required for anyone wishing to ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/07/2025 08:53 EDT

Upwork acquires Dutch-based Bubty to help companies manage and pay freelancers worldwide

The Hague-based Bubty, a global Freelance Management System (FMS), has been acquired by Upwork’s new enterprise subsidiary. The acquisition supports Bubty’s mission to improve how organisations manage contingent talent. Upwork is a global work marketplace that links businesses with independent professionals. It supports clients ranging from individual startups to large enterprises, providing a platform for ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/07/2025 08:12 EDT

UK’s Oxford Dynamics secures investment from BAE Systems to scale defence AI capabilities

Oxfordshire-based Oxford Dynamics, a deep-tech startup specialised in artificial intelligence (AI) and robotics, has secured a strategic investment from BAE Systems, a British multinational aerospace, arms and information security company. BAE Systems‘ Digital Intelligence employs over 4,500 specialists in digital technology and cybersecurity across 13 countries. They focus on innovation to support vital infrastructure, national ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/07/2025 06:04 EDT

Copenhagen’s SNIPR Biome gets €35M injection to advance CRISPR therapies for antimicrobial resistance

Copenhagen-based SNIPR Biome, a biotech company focused on developing precision medicines through CRISPR technology for microbial gene therapy, has successfully secured €35M in a Series B funding round. The investment comes from new investors, including the Cystic Fibrosis Foundation and the German Federal Agency for Breakthrough Innovation (SPRIN-D), as well as existing investors such as ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/07/2025 05:40 EDT

Sweden-based Flox raises nearly $1M to help humans and wildlife safely coexist using AI

Stockholm-based Flox, a company focused on human-wildlife interaction through AI, has completed a Seed funding round of nearly $1M.  The round was led by Unconventional Ventures, with additional backing from Norrsken Accelerate and all investors from its pre-seed round, including Almi Invest, E14 Invest, Argand Partners, and a group of angel investors. Nora Bavey, General ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 08/07/2025 04:43 EDT

AI tool of the week: UK-based Tracelight secures €3M to make analysts superhuman in spreadsheets 

UK-founded Tracelight, an AI company making financial models easier to build and trust, has raised $3.6M (approximately €3M) in seed funding led by Chalfen Ventures. Chalfen Ventures is an early-stage venture capital firm that backs software startups aiming to grow & dominate new and often unusual markets. Mike Chalfen, Solo VC at Chalfen Ventures, says, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/07/2025 03:26 EDT

From $1B exit to backing the top 0.1%: Ex-Adjust CEO brings unicorn playbook to Europe’s toughest founder fellowship

Berlin-based EWOR, an operator-run fellowship committing €60M to Europe’s most promising early-stage founders, has appointed Simon “Bobby” Dussart as Chief Operating Officer (COO). Dussart previously guided mobile analytics unicorn Adjust from seed stage to more than €150M in annual recurring revenue and a €1B exit. EWOR is a fellowship that sifts through 35,000 + applications ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/07/2025 03:19 EDT

Cambridge-based PeroCycle raises €4.5M to decarbonise steelmaking; appoints new CEO

Cambridge-based PeroCycle, a venture focused on carbon recycling for steelmaking, has named Grant Budge as its new Chief Executive Officer. The announcement comes as the company begins a £4M (nearly €4.58M) seed funding round to support its pilot deployment and expand commercial operations. Grant Budge has three decades of experience in carbon capture and decarbonisation ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/06/2025 10:57 EDT

Germany’s dwpbank acquires Fintech lemon.markets to accelerate digital brokerage offering

Deutsche WertpapierService Bank (dwpbank) announced that it has reached an agreement with Berlin-based Fintech lemon.markets for its acquisition. This acquisition will allow dwpbank to improve its full-custody services by adding a Brokerage-as-a-Service (BaaS) solution. The dwpbank Group will use a two-brand strategy in the market. Both companies will stay independent but will work together closely ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/06/2025 08:40 EDT

Barcelona-based Wallapop acquired by South Korea’s NAVER Corp: Know more

Barcelona-based Wallapop, a platform for conscious and humane consumption, announced that a majority of its shareholders have approved a proposal from South Korea-based NAVER Corp to acquire the company. Based out of Seongnam, South Korea, Naver Corporation is an internet conglomerate that operates the search engine Naver. NAVER Corp’s acquisition is expected to accelerate Wallapop’s ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/06/2025 07:02 EDT

Amsterdam’s Seenons acquires waste advisory firm Recycling Consultants Nederland: Here’s why

Amsterdam-based Seenons, a tech platform for circular waste management, has acquired Recycling Consultants Nederland (RCN). This move aligns with Seenons’ goal of achieving a waste-free world.  Backed by an earlier investment from majority shareholder Fortino Capital, Seenons is expanding its presence in Europe. The acquisition of RCN supports the company’s efforts to strengthen its position ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/06/2025 05:25 EDT

UK MoD selects Australia’s Castlepoint Systems to tackle data leaks with Explainable AI post-Afghan data breach

The UK Ministry of Defence (MoD) announced that it has chosen Australian dual-use technology company Castlepoint Systems to safeguard sensitive information using artificial intelligence. Known for its Explainable AI technology, Castlepoint offers an automated, real-time approach to data control that aims to dramatically reduce the risk of human error, especially when handling classified or sensitive ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/06/2025 05:02 EDT

UK’s Pulse Clean Energy secures €252.5M to fuel the construction of six new ready-to-build BESS sites

England-based Pulse Clean Energy, a company building a secure and renewable energy infrastructure, has secured £220M (nearly €252.50M) in green financing from a group of six international banks. The financing was structured under the Green Loan Principles of the Loan Market Association. Santander Corporate & Investment Banking acted as the Green Loan Coordinator. The banking ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/06/2025 03:27 EDT

AI meets aerospace: Dutch UAV maker Destinus to acquire Swiss aviation AI startup Daedalean for $225M

Katwijk, the Netherlands-based Destinus, a developer of flight systems for civil and defence applications, has announced the acquisition of Zurich-based Daedalean AG, a company specialised in aviation AI solutions. The transaction, valued at CHF 180M (approximately €192M or $225M), will be a combination of cash and stock. The acquisition is expected to be completed by ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/06/2025 03:11 EDT

Dutch-based BOM launches new venture-building programme for drug development startups

The Brabant Development Agency (BOM) announced that it is launching a venture-building programme in September to support entrepreneurs launching drug development startups. The programme is designed to assist founders as they navigate the risks, costs, and regulatory demands of the sector. BOM aims to help these entrepreneurs build businesses that can have a significant impact ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/05/2025 10:19 EDT

After the UAE, OpenAI announces Stargate Norway, first AI data centre initiative in Europe

OpenAI announced Stargate Norway, the company’s first AI data centre initiative in Europe under its OpenAI for Countries program. The announcement follows the launch of Stargate UAE⁠ earlier this year. “Stargate is OpenAI’s overarching infrastructure platform and is a critical part of our long-term vision to deliver the benefits of AI to everyone,” says the ... Read more Read more

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

Vienna’s RUBICON acquires Gentics to build an end-to-end platform to digitise eGovernment processes

Vienna-based RUBICON, a provider of eGovernment software solutions, has acquired Gentics Software, an Austrian company specialised in enterprise content management systems (CMS). The acquisition, supported by growth financier Pride Capital Partners, signifies an important step in RUBICON’s strategy to create a fully integrated platform for end-to-end digitisation of public administration. Founded by Lars van ‘t ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/05/2025 06:58 EDT

With TechCrunch vets at the helm, Resilience Media raises Seed funding to shape the narrative of NATO’s defence tech ecosystem

London-based Resilience Media, a media platform focused on NATO’s defence tech sector, has raised seed funding from a group of investors based in the Netherlands, the UK, the US, Germany, Israel, and Poland. The company also announced a team of former TechCrunch journalists joining its editorial line-up. Founded by Leslie Hitchcock and Dr Tobias Stone, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/05/2025 06:06 EDT

Munich-based Tanso Technologies secures €12M to help industrial companies tackle sustainability compliance

Munich-based Tanso Technologies, a software company that offers a climate intelligence suite to industrial companies, has raised €12M in a Series A round of funding. The round was led by international venture capital firms henQ and Fortino Capital, with participation from existing investors Capnamic and UVC Partners The German company plans to use the capital ... Read more Read more

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12.06.2026 19:21
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