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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/23/2025 03:24 EDT

London’s Genie acquired by US-based DOSS to bring AI-powered operational clarity to e-commerce brands

London-based Genie, the AI-powered operations platform that helps e-commerce brands, announced that it is officially joining forces with Doss, an AI-native Adaptive Resource Planning (ARP) company. Genie was an operations platform designed for rapidly growing Shopify e-commerce brands, aiming to streamline workflows such as inventory management, purchase orders, and forecasting. These processes were made user-friendly, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/23/2025 02:40 EDT

Germany’s Credibur launches with €1.8M funding to streamline how institutions manage private credit

Berlin-based Credibur, a fintech company, has raised $2.2M (nearly €1.87M) in a pre-seed funding round. With this deal, the company is emerging from stealth mode and commencing operations with its initial pilot customers. The funding will be used to develop its API- and AI-based infrastructure, expand its team, and acquire customers. Investors supporting Credibur The ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2025 11:05 EDT

UK AI startup Magentic launches with €4.7M from Sequoia Capital, others to slash supply chain waste

London-based Magentic, a company building an AI Agent platform for the world’s supply chains, announced its launch today and has raised $5.5M (approximately €4.7M) in a Seed funding round led by Sequoia Capital. “Today, the best AI companies are selling outcomes, not seats. In the old world, SaaS sold the promise of ROI. In the ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2025 09:58 EDT

UK femtech startup Daye secures patent for its organic plastic-free diagnostic & menstrual tampons

London-based Daye, a female-founded gynaecology health startup, announced that it has been granted a new patent covering both the design and manufacturing of its proprietary Organic Diagnostic & Menstrual Tampon. According to Valentina Milanova, the founder of Daye, the newly patented product works better than the most absorbent synthetic fibre tampons and uses only organic, ... Read more Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 07/22/2025 08:18 EDT

Turin-based Toduba tops up €3.5M funding to advance employee welfare digitalisation

Turin-based Toduba has secured €3.5M ($4.1M) in funding led by Italian venture capital firm P101 SGR to accelerate its digitalisation of the employee welfare sector. Founded by Gianluca Enrietti and Bruno Cavigioli in 2020, the scaleup operates a cloud-native platform with proprietary blockchain technology for corporate benefits management. The funding will support product expansion, international ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2025 07:17 EDT

French pharma giant Sanofi to acquire British vaccine biotech Vicebio for €1.36B 

Vicebio, a biopharmaceutical company that develops vaccines for serious respiratory viral infections, has agreed to be acquired by Sanofi. As part of the deal, Vicebio shareholders will receive up to $1.6B (approximately €1.36B), which includes an upfront payment of $1.15B and an additional $450M (approximately €385M) based on development and regulatory milestones, pending usual conditions. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/22/2025 06:48 EDT

Germany’s osapiens to bring 150 new jobs to the UK with €35M expansion plan

Mannheim-based osapiens, a German software company, is expanding its operations in the United Kingdom. The company plans to invest €35M in the region and create over 150 jobs. This move signals osapiens’ ongoing commitment to the UK market and aims to support companies dealing with sustainability, transparency, and compliance requirements. Alberto Zamora, co-founder and CEO ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2025 06:10 EDT

Anthropic’s transatlantic AI strategy: announces intent to sign EU’s AI Code of Practice, releases ‘Build AI in America’ report the next day

Anthropic, an AI safety and research company, has announced its intention to officially sign the European Union’s General-Purpose AI Code of Practice. In a statement, Anthropic highlighted that the Code reflects core principles the company has long championed: transparency, safety, and accountability. “We believe the Code advances the principles of transparency, safety, and accountability—values that ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/22/2025 04:54 EDT

EIF, Invest-NL, De Goudse commit €40M to boost Dutch SMEs through ‘Fresh Closed SME Fund II’

The European Investment Fund (EIF), Amsterdam’s Invest-NL, and De Goudse Verzekeringen have committed €40M to the Fresh Closed SME Fund II. This fund offers loans to Dutch SMEs with a focus on growth, innovation, and sustainability.  The investment continues the existing collaboration with Fresh Funds, making it the only Dutch company to receive a second ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2025 04:06 EDT

Utrecht-based TrianecT raises €1.35M to launch stroke detection device for ambulances

Utrecht-based TrianecT, a medtech company specialising in acute stroke diagnostics, has secured €1.35M from XO Ventures and CbusineZ.  The investment will support the commercial development and market launch of StrokePointer, a portable device that can assess the severity of a stroke while the patient is still in the ambulance. CEO and co-founder Wouter Potters adds, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2025 02:50 EDT

Leiden-based edtech Learnbeat acquires core technology of Amsterdam’s AI learning startup Anywyse

Amsterdam-based Anywyse, an AI learning startup, has announced that its core technology has been acquired by Learnbeat, a Leiden-based digital education platform. “The technology we built has been acquired by Learnbeat, a leading digital education platform here in the Netherlands. It’s a natural next step, a strong home where the product can grow and reach ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/22/2025 02:03 EDT

Blue Longevity Clinic raises €2M to democratise longevity medicine in Southeast Europe

Blue Longevity Clinic, a longevity medicine service provider, has secured €2M in funding to expand its operations in Southeast Europe.  The round was led by Bulgaria-based Eleven Ventures, with participation from Sofia Angels Ventures and several family offices. “The transition from reactive sick care to proactive health care is no longer a trend; it’s a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/21/2025 11:07 EDT

London’s Xelix secures €137M to eliminate invoice fraud and overpayments with agentic AI

London-based Xelix, an agentic AI software company in the Accounts Payable (AP), has secured $160M (approximately €137M) in a Series B funding round led by Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. Based out of New York, Insight Partners is a software investor partnering with high-growth technology, software, and Internet startups and ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/21/2025 09:50 EDT

Germany’s Sdui Group secures strategic investment to streamline school operations across Europe

Koblenz-based Sdui Group, a German company that provides cloud-based administrative software for K-12 schools in Europe, has secured strategic investment led by Bain Capital’s Tech Opportunities fund. The round also saw participation from existing investors Munich-based HV Capital and High-Tech Gründerfonds (HTGF). European school systems face increasing complexity, rising digital demands, and growing support for ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/21/2025 09:45 EDT

Amsterdam’s Remagine Food backs Dutch-based MUCHgroup to scale production of shiitake-based meat alternatives

Deventer, the Netherlands-based MUCHgroup, a company specialised in the production of shiitake-based meat alternatives, has secured a new investment from Remagine Food, bringing its current funding round to €375,000. Amsterdam-based Remagine Food is a venture-building firm focused on helping food startups grow commercially. Besides, the Dutch company is also raising capital through crowdfunding.  Fund utilisation ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/21/2025 06:16 EDT

Sunsave raises €130.5M to make solar affordable for UK homes with €0 upfront cost

London-based Sunsave, a solar subscription company, has secured £113M (nearly €130.54M) to expand its rooftop solar operations across England and Wales.  The funding includes £13M in Series A equity round co-led by Norrsken VC, IPGL, and others, and a £100M debt facility from Crédit Agricole CIB. New equity investors include Clearance Capital and early employees ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/21/2025 06:01 EDT

German VC Auxxo, with 50%+ female LPs, hits €26M first close for Fund II to support European female founders

Berlin-based Auxxo, a sector agnostic pre-seed and seed stage investor that backs female (co-)founded startups in Europe, announced the first closing of its new fund —  the Auxxo Female Catalyst Fund II, at €26M. The fund’s first closing is over one-third more than the previous fund’s total of €19M (Auxxo Female Catalyst Fund I). The ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/21/2025 04:34 EDT

Dutch news publishers join forces with TNO to build GPT-NL, a Dutch AI language model trained on legally obtained data

The Hague-based TNO, an independent organisation for applied research, is collaborating with members of NDP Nieuwsmedia, who represent the vast majority of Dutch news publishers, to further develop GPT-NL, the first large-scale Dutch AI language model trained exclusively on legally obtained data. Consequently, the members of NDP Nieuwsmedia are making a substantial portion of their ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/21/2025 03:13 EDT

Sweden’s CorPower Ocean adds two new strategic investors to its Series B funding round

Stockholm-based CorPower Ocean, a company that designs, manufactures and operates wave energy farms, has added two new strategic investors to its Series B funding round. Acario, the venture investment arm of Tokyo Gas based in Silicon Valley, and GTT Strategic Ventures, the investment fund of French group GTT, have joined the effort. This investment follows ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/19/2025 05:23 EDT

In other news this week: Numan lands €51.6M, thermondo secures €50M loan, Proxymity raises €31M and others

It’s been a busy few weeks in the startup world. Between big funding rounds, new partnerships, and acquisitions, there’s been a lot going on. So much that it’s just not possible to catch everything as it happens. That’s why we’ve put together this short list, a simple roundup of the news stories we missed but ... Read more Read more ›

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12.06.2026 23:34
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