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

Airwallex soars in the land of windmills: Dutch revenue up 199% in Q2 2025 YoY

San Francisco-based Airwallex, a payments and financial platform for modern businesses, announced that it has witnessed exponential growth in the Netherlands (NL), in the last year. In Q2 2025, its revenue increased by 199 per cent compared to the same period in 2024. Additionally, the company has tripled its customer base in the same period. ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 08/05/2025 04:31 EDT

Barcelona Supercomputing Centre spinout Qbeast raises €6.5M in Seed funding

Qbeast, a spin-off of the Barcelona Supercomputing Centre, created to solve the toughest trade-offs in lakehouse technology, has secured $7.6M (nearly €6.57M) in seed funding to enhance its data optimisation platform. The funding round was led by Peak XV’s Surge (formerly Sequoia Capital India), with additional participation from HWK Tech Investment and Elaia Partners. Qbeast ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/05/2025 03:31 EDT

US AI startup AIxBlock secures EU backing: €1.5M grant awarded, €61.5M pre-approved for European expansion

Delaware, US-based AIxBlock, a decentralised AI tech startup, has secured a €1.5M innovation grant from the European Union, along with up to €61.5M in two additional grants that have been pre-approved to support its long-term expansion across Europe. The US company’s €1.5M secured grant comes with zero dilution, with onboarding (KYC) underway prior to fund ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/05/2025 02:30 EDT

France-based EssilorLuxottica acquires Belgium’s Automation & Robotics: Know more

Paris-based EssilorLuxottica, a company that designs, manufactures and distributes ophthalmic lenses, frames and sunglasses, has acquired Automation & Robotics (A&R), a designer and manufacturer of automated systems for optical lens quality control. A&R serves both mass production facilities and prescription laboratories. Aim of the acquisition Founded in 1983 and based in Belgium, A&R provides technologies used ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/04/2025 10:34 EDT

Luxembourg’s Banking Circle finalises acquisition of ASL: Know more

Luxembourg-based Banking Circle, a technology-led payments bank, has completed its acquisition of Australian Settlements Limited (ASL), a licensed Authorised Deposit Taking Institution (ADI) in Australia. The agreement was signed in December 2024.  The acquisition brings together ASL’s ADI licence and domestic banking, payments, and settlement operations with Banking Circle’s cross-border payments and infrastructure network. The ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/04/2025 10:08 EDT

Edinburgh-based Approov raises €5.7M to boost mobile app and API security

Edinburgh-based Approov, a company specialised in mobile app and API security, has raised £5M (approximately €5.7M) in a Series A funding round led by the Investment Fund for Scotland managed by Maven Capital Partners.  Operated by the British Business Bank, the Investment Fund for Scotland (IFS) provides a mix of debt and equity funding. IFS ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/04/2025 07:33 EDT

Amsterdam BUX launches Europe’s first self-directed active ETF portfolios with J.P. Morgan

Amsterdam-based BUX, a neo-brokerage platform, has announced the launch of BUX Prime Investment Plans. These plans feature J.P. Morgan Asset Management’s active ETFs in pre-built multi-asset portfolios designed to make active management accessible and affordable. The announcement comes a couple of weeks after UpToMore, The Hague-based fintech company, announced the launch of an investment app ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/04/2025 07:01 EDT

Estonia’s Sunly gets €85M to build solar parks powering 180,000 homes in Latvia

Tallinn-based Sunly, a renewable energy company and an investor in renewable energy and electrification startups, has secured nearly €85M in international financing to develop solar energy projects in Latvia. The Estonia-based renewable electricity provider will receive €35.2M each from the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), and €14.4M ... Read more Read more

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22.06.2026 15:01
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