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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/26/2025 09:31 EDT

German company Ortivity secures €200M to expand outpatient orthopaedic care 

Munich-based Oritivity, a company specialised in outpatient orthopaedic care, has received €200M funding led by Apheon, a pan-European private equity investor, with participation from Unigestion and other new investors. The transaction will let current Ortivity shareholders partially sell their shares while bringing in new partners, including Unigestion, a private equity firm that focuses on mid-sized ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/26/2025 07:46 EDT

Danish VC firm byFounders announces launch of Fund III to back early-stage startups

Copenhagen’s VC firm byFounders has announced the launch of its third fund to continue backing early-stage startups. Copenhagen-based venture capital firm byFounders has announced the launch of byFounders Fund III. The announcement was made by the VC firm on LinkedIn. Founded in 2017, byFounders was established to build a founder-first fund in the New Nordics. ... Read more Read more

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

Eindhoven-based Keiron raises €10M to launch world’s first industrialised LiFT printer

Eindhoven-based Keiron Printing Technologies, a company specialised in Laser-induced Forward Transfer (LIFT) technology, announced that it has topped up the Seed round with an additional €2.3M, bringing the total to €10M. The investment was led by deep-tech venture capital firms DeepTechXL and Cottonwood Technology Fund, with participation from TNO Ventures and Innovation Credit. DeepTechXL was ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/26/2025 05:16 EDT

Amsterdam’s shipping intelligence platform Bringly gets acquired: Know more

JTL-Software has acquired Bringly to integrate its shipping tools into JTL-Shipping, aiming to expand data-driven logistics in Europe. Hückelhoven-based JTL-Software, a German software provider for multichannel commerce, has announced the acquisition of Amsterdam’s shipping intelligence platform Bringly. The move is part of JTL-Software’s plan to expand data-driven logistics in Europe. The acquisition will integrate Bringly’s ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/26/2025 05:11 EDT

DNB fines Amsterdam’s bunq €2.6M over “serious shortcomings” in its AML controls; challenger bank appeals decision

De Nederlandsche Bank (DNB), announced that it has imposed an administrative fine of €2.6M on Amsterdam-based challenger bank bunq due to serious shortcomings in its anti-money laundering controls. This fine is a result of an extensive investigation covering the period from January 2021 to May 2022. Bunq’s counter to DNB The Amsterdam challenger bank has ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/26/2025 03:28 EDT

Acembee secures €1.2M to build AI foundation for construction sector’s green future

Copenhagen-based Acembee, a contech company, has secured DKK 9M (approximately €1.2M) in a fresh funding round from node.vc and Kiilto Ventures. Node VC is known for backing early-stage tech companies with strong engineering foundations and the potential to reshape legacy industries. “We love investing in teams that solve complex problems in industries that have been ... Read more Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 08/26/2025 03:00 EDT

How MIT MISTI is helping international students build tech careers in the Netherlands

In a bustling Groningen startup office, MIT undergraduate Sharmi Shah is revolutionising IV infusion therapy safety for critically ill preterm infants. Meanwhile, across the Netherlands, her fellow MIT student Dheepthi is developing AI algorithms to detect microbial contamination in vaccines and gene therapies. These aren’t just summer internships, but launchpads for global tech careers, made ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/26/2025 02:28 EDT

London-based AI travel startup Holiwise raises €1.4M to make trip planning easier

Holiwise, an AI-powered travel agency, has raised pre-seed funding and partnered with key travel platforms to expand its services. London-based Holiwise, an AI-powered travel agency founded by Swedish entrepreneurs, has raised €1.45M in a pre-seed funding round.  The round drew participation from executives at Bank of America, Barclays, Google, and Goldman Sachs. The funding was ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/25/2025 09:57 EDT

Poland steps up in satellite industry as state bank BGK invests over €9.3M in Finland’s ICEYE

Vinci Fund, part of Bank Gospodarstwa Krajowego group, has invested in ICEYE, a company that designs and operates satellites for Earth observation. Espoo-based ICEYE, a microsatellite manufacturer and operator, announced that Vinci Fund, a fund owned by Poland’s state development bank, Bank Gospodarstwa Krajowego group, has joined as an investor in the company. Vinci SA ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/25/2025 09:41 EDT

Peter Thiel-backed SNÖ Ventures winds down operations; partners split to launch independent funds 

Based out of Oslo, SNO Ventures is a venture capital firm that aims to enhance the Nordic ecosystem by facilitating the sharing of resources, talent, ideas, and experience. Recently, the partners of the VC firm announced their decision to wind down operations under the SNÖ brand and will continue investing independently as solo general partners. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/25/2025 08:18 EDT

Silicon Luxembourg appoints Pierre-Yves Lanneau Saint Léger as new CEO

Luxembourg-based Silicon Luxembourg, an independent media group, announces the appointment of Pierre-Yves Lanneau Saint Léger as its new CEO. Currently serving as COO, Pierre-Yves Lanneau Saint Léger brings a track record of operational expertise and strategic leadership. As CEO, he will focus on expanding the group’s impact across print, digital, and live platforms, working closely ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/25/2025 06:49 EDT

Kuopio-based Marginum bags €2.5M to expand its fluorescence-based tumour detection tech

The Kuopio-based medtech company raised €2.5M funding to bring a breakthrough therapy closer to patients suffering from brain tumours.  Kuopio, Finland-based Marginum, a medtech startup developing fluorescence-based tissue detection systems, has secured €2.5M in pre-series A funding. The funding round was led by Nostetta Ventures, with continued support from existing investors Redstone and Almaral. Based ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/25/2025 05:12 EDT

UK-based Paragraf secures €46.9M to expand graphene chip production

Paragraf has secured fresh funding. The company develops graphene-based electronic devices using standard semiconductor processes. UK-based Paragraf, a company focused on producing graphene-based electronics with standard semiconductor processes, has secured $55M (nearly €46.98M) in a Series C funding round. Advancing graphene electronics globally Founded in 2015, Paragraf develops graphene-based electronic devices using industry-standard semiconductor processes. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/25/2025 05:12 EDT

Utrecht’s Orbisk appoints Anastasia Dellis as new CEO; co-founder transitions to Chief Impact & Innovation Officer

Over eight months after raising €8M in an oversubscribed Series A VC investment, Orbisk strengthened its leadership with a couple of major announcements. Here’s what the new CEO says.  Utrecht-based Orbisk, a scale-up that aims to reduce food waste, announced the appointment of Anastasia Dellis as its latest Chief Executive Officer (CEO). Anastasia Dellis is ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/25/2025 04:12 EDT

UK’s Traydstream secures €9.3M to advance machine learning in trade finance

New York’s Pivot Investment Partners backs London’s Traydstream in the latest funding round to hinting at a bigger transformation underway in the trade finance industry globally. Read inside to know more about it.  London-based Traydstream, a company specialising in trade finance technology, has secured $11M (approximately €9.3M) in an interim fundraise led by Pivot Investment ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/25/2025 03:00 EDT

Meet the North East England startups that raised funding in 2025

The North East of England is one of the UK’s fastest-growing economies (Invest North East England). It is home to more than 72,000 companies and has recently recorded the highest rate of increase in business registrations in England. Sectors such as business services, digital technology, subsea and offshore engineering, automotive, and life sciences are driving ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/25/2025 02:21 EDT

UK’s organ preservation company OrganOx snapped up by Tokyo’s Terumo for $1.5B

Terumo has signed an agreement to acquire OrganOx, an Oxford-based company that develops organ preservation devices. Upon completion, OrganOx will operate as a wholly owned subsidiary of Terumo. Tokyo’s medtech company Terumo has signed an agreement to acquire OrganOx, an Oxford-based company specialising in organ preservation devices.  The agreement includes the purchase of all outstanding ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/23/2025 04:14 EDT

In other news this week: Midas raises €68M, Loft Dynaics secures €20.4M, Phoebe lands €14.5M and more

The past weeks have been busy with full activities in the startup and business world. Companies have been raising fresh rounds of funding, creating new partnerships, and making acquisitions to reshape the future for the betterment of the world. However, the pace of announcements has been so fast that following every single update in real ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 08/22/2025 11:01 EDT

AI Tool of the Week: UK-Qatar startup deploys AI scribes in a war-torn Lebanese refugee hospital, assisting frontline doctors 

Rhazes AI launches a controlled pilot at Al Hamshari Hospital to cut administrative work and support doctors serving refugee patients. Check it out. It is safe to say that Artificial Intelligence (AI) has touched almost every field, from helping banks combat fraud to powering automotives and quantum computers. Healthcare is no exception.  In hospitals, especially ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/22/2025 08:33 EDT

Copenhagen’s amass raises €1.4M to build an applicable AI map of the world’s scientific knowledge

Danish startup amass raised funding from various investors to build the ‘intelligence layer for life-science workflows. However, the process behind it is not so simple. Read below to know more. Copenhagen-based amass, a scientific intelligence platform for life sciences, has secured €1.4M funding from Giant Ventures, Kost Capital, EIFO, and Christian Thirion, who also becomes ... Read more Read more

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