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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/08/2025 03:00 EDT

UK’s Gradient Labs raises €11.08M: Founder Dimitri Masin on AI customer service for regulated industries, bold $10K challenge, and more

London-based Gradient Labs, a startup building an autonomous AI agent aiming to resolve up to 80% of customer queries, has raised €11.08M in a Series A funding round led by Redpoint Ventures. Based out of California, Redpoint Ventures is a VC firm that partners with visionary founders to create new markets and redefine existing ones. ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/08/2025 02:28 EDT

Eindhoven-based Carbyon secures strategic funding to scale up its carbon removal technology

Eindhoven-based Carbyon, a Direct Air Capture (DAC) startup working on technology to address climate change, has received a strategic investment from ISAI Build Venture, a fund established by ISAI and Bouygues. This investment represents an extension of Carbyon’s €15.3M Series A funding round, which was originally closed in September 2024. The Dutch company has developed ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/08/2025 00:42 EDT

Barcelona’s Biorce raises €5M: CEO Pedro Coelho on tackling clinical trial delays with AI, US expansion, and hiring plans

Barcelona-based Biorce, a healthtech startup revolutionising clinical trials with AI, has secured €5M from Norrsken VC, Europe’s largest impact VC. Norrsken VC is Europe’s early-stage fund investing in impact. Headquartered in Stockholm, the  VC backs startups solving the world’s biggest problems while building massive businesses. Tove Larsson, General Partner at Norrsken VC says, “Biorce is ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 07/08/2025 00:00 EDT

Germany’s Cariqa raises €4M to simplify and improve transparency in EV charging payments

Berlin-based Cariqa, the payments and pricing platform built specifically for electric vehicle (EV) charging, has raised €4M in an oversubscribed seed round of funding. The investment was co-led by Anthemis and Contrarian Ventures, with participation from Earth.now, Anthemis Female Innovators Lab, Golden Egg Check and Techstars. Marin Cauvas, Partner at Anthemis, says, “Building scalable and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/07/2025 10:00 EDT

Berlin insurtech unicorn wefox raises €151M after major restructuring; eyes profitability and market growth in these countries

Berlin-based wefox, an insurtech unicorn, has secured €151M funding, which includes €76M raised mainly from existing investors and €75M from refinancing a credit facility with Searchlight Capital Partners’ credit fund, Searchlight Opportunities Fund II. This funding comes after completing a restructuring program, which involved selling wefox Insurance AG in Liechtenstein and the Italian companies wefox ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/07/2025 09:18 EDT

These companies raised Belgium’s 10 largest funding rounds in H1 2025; 5 of them are hiring now

Belgium’s startup ecosystem is proving itself to be more vibrant and resilient than ever in 2025. Fuelled by strong public–private partnerships, innovative deep tech, and a wave of AI-first startups, the country is cementing its place on Europe’s innovation map. According to the Global Startup Ecosystem Index 2025 report, Belgium climbed to 23rd place globally, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/07/2025 07:01 EDT

Copenhagen’s GetWhy raises €17M to scale AI-powered consumer insights; eyes US expansion

Copenhagen-based GetWhy, a global consumer research technology company, has announced that it has raised an additional $20M (approximately €17M) in funding. The funding round was led by existing investor PeakSpan Capital, with continued participation from Arbejdernes Landsbank, expanding GetWhy’s Series A financing into one of Denmark’s largest to date. PeakSpan Capital is a growth equity ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/07/2025 06:49 EDT

Amsterdam’s AI startup Perry launches with €1.6M to help train and support Europe’s technical workers

Amsterdam-based AI startup Perry announced its official launch today, along with a €1.6M investment round. The Dutch startup aims to address the shortage of technical workforce in Europe. The funding round was led by Revent, a fund based in Berlin, and included participation from angel investors with experience at companies such as Google and OpenAI. ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/07/2025 05:25 EDT

National Growth Fund invests €196.4M in Amsterdam’s Biotech Booster programme to boost Dutch biotech valorisation

Amsterdam-based Biotech Booster, a national programme to support the commercialisation of biotechnology findings, has received €196.4M in the second tranche of funding from the National Growth Fund. Biotech Booster programme provides financial support, mentoring, and networking to help scientists and entrepreneurs develop proposals for investment or market entry. It aims to increase the societal use ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/07/2025 05:07 EDT

Munich-based Filics secures  €13.5M to bring space-saving robotics to more warehouses across Europe

Munich-based Filics, a robotic startup, has secured €13.5M in the latest financing round. The investment round was backed by a group of international and strategic backers, including Sandwater, Alven, F-LOG Ventures, and the Amazon Industrial Innovation Fund, as well as existing investors Capnamic and 10x Founders. Additional support came from Bayern Kapital and notable business ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/07/2025 04:19 EDT

Dutch-based Plasmacure raises €6M to help treat complex wounds; also secures €8.5M+ US go-to-market financing

Nijmegen, the Netherlands-based Plasmacure, a developer of the PLASOMA cold plasma system for complex wound treatment, has secured €6M funding in a Series A investment from a strategic consortium led by U.S.-based Venture Medical. Venture Medical is a U.S.-based healthcare services company with over 15 years of experience in advanced wound care and healing. It ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/07/2025 03:15 EDT

Invest-NL and Invest International to merge into the Netherlands’ first national promotional institution

To accelerate the Dutch economy and sharpen the country’s international competitiveness, the Dutch (caretaker) government announced that Invest-NL and Invest International will merge to form a full-fledged National Promotional Institution (NPI). This integration makes public investments and international cooperation more effective, improves financing access for entrepreneurs, and strengthens the Netherlands’ economic resilience. The new organisation ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/07/2025 01:35 EDT

Dutch-based GeniusTravel secures €2M for its AI-powered app that plans holidays like a travel agent

Netherlands-based GeniusTravel, a platform for budget-conscious travellers, has announced the completion of a €2M funding round. The company will use the investment to develop Genius, an AI-powered app created to find and book complete travel packages. The funding, provided by investors who wish to remain anonymous, will support the app’s rollout in the Netherlands this ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/05/2025 05:34 EDT

In other news this week: Omnes Capital gets €112M for second deeptech fund, Alliance VC secures €40M, Catalyxx receives €37M and more

The last week has been packed with news across the startup world. It seems like everywhere you turn, another company is landing fresh funding, teaming up with a new partner, or buying someone out. From small early-stage rounds to big-name acquisitions, there’s been so much happening that it’s almost impossible to keep up. We get ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/04/2025 11:05 EDT

AI Tool of the Week: How UK’s digiLab is building AI for the planet’s largest coral restoration project

UK-based digiLab, a company that specialises in AI development, is partnering with the King Abdullah University of Science and Technology (KAUST) to create a new AI digital twin platform. Founded in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the most pressing ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 07/04/2025 09:23 EDT

Bitvavo CEO Mark Nuvelstijn steps down permanently following report linking him to ‘miracle investor’ Max R

Mark Nuvelstijn announced that he has decided to step down from his role as CEO of Bitvavo with immediate effect. Nuvelstijn’s resignation comes after FD reported about his close ties to ‘miracle investor’ Max R, who has been convicted of fraud. Nuvelstijn has also indicated that he does not intend to return to any executive ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/04/2025 08:57 EDT

Leiden-based Currentt secures €1.7M for the nationwide rollout of its cyber-secure and energy management system

Leiden-based Currentt, a Dutch cleantech startup, announced that it has raised €1.7M in a pre-seed round to support the rollout of its energy management system, the Currentt Navigator.  Developed in the Netherlands, the energy management system addresses challenges related to grid congestion, the phase-out of net metering, and cyber risks in the energy sector. The ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 07/04/2025 06:08 EDT

Delft’s quantum dream team launches Project HAVIK, secures €1M investment from KvW 

In an attempt to accelerate the Dutch quantum ecosystem, the Kansen voor West (KvW) program, has funded a unique quantum project: code-name HAVIK. Kansen voor West is a regional investment program dedicated to promoting innovation, entrepreneurship, and economic development in the western Netherlands. Its funding decisions support projects that drive technological progress and strengthen the ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/04/2025 04:46 EDT

Portugal’s BM2Solar closes €2M Series A round to help solar farms store power without paying upfront

Lisbon-based BM2Solar closes €2M Series A funding round. The company’s mission is to increase the profitability of independent power producers’ (IPPs) solar power plants by integrating battery storage with no upfront investment required. The current investment was led by Axon Partners, with participation from Inclimo Climate Tech Fund and Black and Blue Investimentos. BM2Solar mentions ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/04/2025 03:43 EDT

Europe’s largest BESS manufacturing facility changes hands: Lyten acquires Northvolt’s Gdansk plant

Luxembourg-based Lyten, a supermaterial applications company, has acquired Northvolt’s Dwa Energy Storage Systems (ESS) operations in Gdansk, Poland. Robert Chryc-Gawrychowski, CEO of Northvolt Poland, states, “Northvolt set out to lead the sustainable development of Europe’s battery industry. Lyten is carrying that mission forward with BESS manufacturing and the introduction of lithium-sulphur batteries in Europe, which ... Read more Read more

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11.07.2025 10:37
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