Silicon Canals

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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 · 08/11/2025 09:16 EDT

London-based Smart Communications acquires Pendula to accelerate cross-channel conversations

This London-based technology company, focused on helping highly-regulated organisations engage in more meaningful customer conversations, made a significant acquisition.  London-based Smart Communications, a company focused on helping highly-regulated organisations engage in more meaningful customer conversations, announced its acquisition of Pendula, a provider of intelligent orchestration and digital delivery technology. Founded in 2017, Pendula’s customer engagement ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/11/2025 07:05 EDT

Dutch-based aizy secures €1.5M to advance AI marketing software for SMEs

aizy, founded in 2024 in Breda by Stefan Nuijten, develops AI-based marketing software that automates and optimises online campaigns for SMEs across Google, Facebook, and Instagram. Dutch AI marketing software company aizy has secured €1.5M in growth capital from investors including Gijs Nagel, founder of trading platform DEGIRO, and Joost van der Klooster. Founded in ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/11/2025 05:53 EDT

US-based HOPCo acquires Amsterdam’s Caro Health to advance AI-driven patient care

A US-based firm specialised in improving care for musculoskeletal (MSK) conditions announced the acquisition of this Amsterdam-based AI-powered digital health company. Phoenix, US-based Healthcare Outcomes Performance Company (HOPCo), a company specialised in comprehensive musculoskeletal care delivery, announced the acquisition of Caro Health, an AI-powered digital health company based in Amsterdam. “Our partnership with HOPCo enables ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/11/2025 05:37 EDT

Belgium’s EDGX secures €2.3M to advance AI edge computing for satellites: Know more

EDGX has raised €2.3M to develop AI edge computing technology for satellites. The company’s products enable satellites to process data directly in orbit. Ghent-based EDGX, a company that claims to be building the world’s fastest edge computer for satellites, has closed a €2.3M seed funding round. The round was co-led by Antwerp’s imec.istart future fund ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/11/2025 03:28 EDT

Stockholm-based Aira secures €150M to accelerate its mission to take Europe off gas

In a span of ten months, this Swedish company, helping thousands of homes switch to cleaner, cheaper home heating, secures another equity financing. Stockholm-based Aira, a company that offers clean energy-based heating solutions, has secured €150M in equity financing. The investment is secured from existing investors, including Altor, Kallskär1, Kinnevik, Lingotto, and Temasek.  The announcement ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/11/2025 02:44 EDT

German edtech startup paddy secures €1M to expand its language learning platform

Three 22-year-olds in Germany have secured pre-seed investment for their company developing an AI-powered tool designed to assist teachers throughout the teaching cycle. German edtech startup paddy has secured €1M in pre-seed funding led by High-Tech Gründerfonds (HTGF), just six months after launching its AI-powered platform for teachers. HTGF, one of Europe’s early-stage investors with ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/09/2025 05:24 EDT

In other news this week: Bit2Me secures €30M, Billions raises €27.2M, Bling Energy lands €15M and more

The past few weeks have been buzzing with activity in the tech world. Startups, scaleups, and established players have been busy raising fresh rounds of funding, announcing strategic partnerships, and making acquisitions to strengthen their market positions. With so much happening at once, it’s easy for important stories to slip past even the most dedicated ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/08/2025 10:34 EDT

Millog launches AI-ready test centre driving dual-use tech to boost Finnish and NATO security 

Tampere-based Millog, a provider of smart lifecycle management, logistics and maintenance services for government authorities and businesses, has officially launched a state-of-the-art test centre at the DEFINE (Defence Innovation Network Finland’s) Innovation Hub in Riihimäki, Finland. It offers companies versatile testing environments to support the development of dual-use technologies and innovations. The test centre is ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/08/2025 09:12 EDT

London-based Watergate raises €848K via crowdfunding to end the era of dumb water

London-based Watergate, a water tech company dedicated to combating water leaks and promoting conservation, has raised £735,687 (approximately €848,504) through crowdfunding from more than 400 investors. This marks the largest-ever water-tech crowdfunding campaign on Republic Europe. This funding is part of a £2M (approximately €2.3M) Pre-Series A round that is almost finished and involves several ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/08/2025 07:43 EDT

US-based Lyten to acquire Northvolt’s all remaining assets in Sweden and Germany, plans to rehire most of the previously laid-off workforce

US-based Lyten, a supermaterial applications company,  has announced a deal to buy Northvolt’s remaining assets in Sweden and Germany. The acquisition includes Northvolt Ett and Ett Expansion (Skellefteå, Sweden), Northvolt Labs (Västerås, Sweden), and Northvolt Drei (Heide, Germany). “This is a defining moment for Lyten,” states Dan Cook, Lyten CEO and Co-Founder. “Lyten’s mission is ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/08/2025 06:34 EDT

SoftBank-backed Energy Vault secures €258M to launch Asset Vault, a subsidiary to build and operate energy storage assets

Switzerland and US-based Energy Vault, a company specialised in grid-scale energy storage solutions, announced it has entered into an exclusivity agreement for a $300M (approximately €258M) preferred equity investment. This funding will help launch Asset Vault, a new subsidiary dedicated to developing, building, owning, and operating energy storage projects. Meet Asset Vault Asset Vault will ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/08/2025 06:15 EDT

Latvian biotech Cellbox Labs raises €3.3M to develop lab-grown mini organs for safer, faster drug testing

Riga-based Cellbox Labs, a company developing organs on a chip that are miniature organ replicas outside the human body, has secured €3.3M in non-dilutive funding to accelerate the development of its technology. The funding roadmap follows recent regulatory changes, including the FDA’s plan to end animal testing requirements for certain drugs and the NIH’s mandate ... Read more Read more

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Silicon Canals
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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22.06.2026 15:01
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