Dutch e-bike manufacturer Stella Fietsen was declared bankrupt on Friday, according to a spokesperson for the Gelderland court. The announcement comes a few days after the company requested a payment suspension. Stella Fietsen currently has about 440 employees in 48 locations in the Netherlands and Belgium. In a statement, Frans van Oss, who has been ... Read more Read more ›
62
Berlin-based Lucid Genomics, a healthtech startup, has secured €1.3M in a pre-seed round of funding led by Caesar Ventures, with additional contributions from BIF Partners, Another.vc, and the MPF Accelerator Program. Lucid Genomics’ platform provides AI-powered solutions that turn all genetic data into insights for faster drug discovery. This funding will accelerate the expansion of ... Read more Read more ›
2
Hamburg-based Zive, an enterprise AI platform, announced on Tuesday, September 3, that it has secured $3.2M (approximately €2.8M) growth capital from Headline, a European & US venture capital firm. The German company will use the funds to accelerate its growth while maintaining a leading position in products and services. What does Zive solve? 80 per ... Read more Read more ›
9
Ghent-based Zero Friction, a billing and customer interaction solutions provider for heat and cold suppliers, announced that it secured €2.5M in a fresh round of funding led by Amsterdam-based Shift Invest. This investment will help advance the company’s efforts to support and accelerate the heat transition across Europe. In a statement translated from Dutch, Janneke ... Read more Read more ›
21
Swedish-Dutch-based Palm, a fintech company created to streamline cash management for enterprise treasury teams, announced on Wednesday that it has raised $6.1M (approximately €5.5M) in a seed funding round. The funding round was led by Speedinvest and Target Global, with participation from Upfin, Liquid2, and Greens. Notable angel investors include Job van der Voort (Founder ... Read more Read more ›
13
Paris-based Steerlab, an AI platform that automates responses to Requests for Proposals (RFPs) and security questionnaires, announced that it has secured €1.7M in a pre-seed round of funding. The platform helps PreSales and security teams increase efficiency by automating 80 per cent of their response time, boosting chances of winning more deals. The round was ... Read more Read more ›
15
Hamburg-based OceanScore, a provider of maritime compliance and data solutions, announced on Tuesday that it has secured €5M in an oversubscribed Series A funding round. The round was backed by existing investors theDOCK and new investors such as Stolt Ventures, Motion Ventures, and Portline, along with various angel investors. All previous investors, including MSC and ... Read more Read more ›
0
Rotterdam-based Shipping Technology, a company in the maritime industry, has secured an investment from First Dutch and the founders of Platform Zero. Shipping Technology, specialising in supportive tools for shipping, offers hardware and software designed to enhance safety, sustainability, and efficiency in maritime operations. An AI-based technology for the maritime industry Founded in 2018, Shipping ... Read more Read more ›
34
London-based Zilch, an ad-subsidised payments network (ASPN), on Tuesday, announced its first month of operating profit while surpassing a revenue run rate of more than $130M (approximately €117M) in July 2024. Philip Belamant, CEO and co-founder of Zilch says, “This milestone fundamentally changes the game for us. Profitability is something that a lot of fast-growing ... Read more Read more ›
2
Reykjavik, Iceland-based Treble Technologies, a company specialising in sound simulation technology, announced on Tuesday that it has raised €11M in a Series A round. The funding round was led by KOMPAS VC, with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, strategic partners St. Gobain & L-Acoustics, as well as experienced angel ... Read more Read more ›
2
Eindhoven-based Carbyon, a Direct Air Capture (DAC) startup whose goal is to create affordable and scalable technology to stop climate change, announced that it raised €15.3M in a Series A funding round. This brings the company’s total investment to over €25M. Carbyon’s technology captures CO2 from the atmosphere, reducing costs and enhancing scalability. Investors supporting ... Read more Read more ›
2
Stockholm-based Budbee, a parcel delivery service, announced on Monday, September 2 that it will utilise parcel lockers for all deliveries in the Netherlands, effectively eliminating traditional home delivery services. “We are not forced to participate in the price war between parcel deliverers who outdo each other with prices that are further below cost price and ... Read more Read more ›
11
The Dutch startup scene has long been a hub for creativity and entrepreneurship. In August 2024, this ecosystem once again showcased its might, with several startups making headlines for their successful funding rounds. This capital influx displays a level of innovation and potential that these young companies bring to the table. Besides accelerating technological advancements, ... Read more Read more ›
8
Mölndal-based Amferia, a Swedish medtech company specialising in antimicrobial healthcare solutions, has completed an “over-prescribed” €1.2M investment round, with participation from existing owners, new investors, and Chalmers Ventures. Agneta Edberg, chairman of Amferia, says, “I am very grateful to our owners for investing in Amferia and in our vision of reducing resistant antimicrobial infections globally. ... Read more Read more ›
1
London-based Signol, a sustainability startup that uses behavioural science to decarbonise hard-to-abate industries, has secured £2.5M (approximately €2.96M) in a seed extension round funding led by TMV, a New York-based VC firm. The UK-based company’s tech-driven service focuses on engaging the human workforce in hard-to-abate industries to maximise emission reduction opportunities through everyday tasks. Investors ... Read more Read more ›
17
Milan-based IdentifAI, a startup specialising in developing and training models to identify AI-generated content, announced on Monday that it has secured €2.2M in a seed funding round. The round was led by United Ventures, with participation from business angels, including Edoardo Alessandri of Wellness Holding, Matteo Fago, co-founder of Venere.com (now Expedia), and Umberto Paolucci ... Read more Read more ›
2
Munich-based Quintauris, a company aimed at advancing the RISC-V instruction set architecture, has added STMicroelectronics as its sixth shareholder. The other shareholders of Quintauris include Robert Bosch GmbH, Infineon Technologies AG, Nordic Semiconductor ASA, NXP Semiconductors, and Qualcomm Technologies. Alexander Kocher, CEO of Quintauris, says, “ST is a welcome addition to our list of shareholders. ... Read more Read more ›
0
Enerpoly, a Stockholm-based innovator in zinc-ion battery cell technology, has launched the world’s first zinc-ion battery megafactory. According to the Swedish startup, this marks a “landmark step” in advancing the global transition to clean energy by providing sustainable, affordable, and safe energy storage solutions. What will the facility provide? Enerpoly’s 6,500m² Production Innovation Center (EPIC) ... Read more Read more ›
30
London-based Wayve, a developer of Embodied AI technology for automated driving, announced on Monday, that it has announced a new strategic partnership with Uber. Consequently, Uber has also agreed to make a strategic investment in Wayve as an extension of the company’s previously announced Series C fundraising round. In May, the UK company raised $1.05B ... Read more Read more ›
1
North Brabant, the Netherlands-based Ebusco, a company known for developing electric buses and energy solutions, announced on Friday, August 30 that it has appointed Christian Schreyer as the new Chief Executive Officer (CEO) in the Management Board. The announcement comes after the Dutch company implemented a new organisational structure, leading to clearer roles and responsibilities. ... Read more Read more ›
3
The technology sector is ever-evolving! Numerous startups pop up every day! And existing startups/scale-ups find ways to rise to new heights. At this pace, it is nearly impossible to cover every single development. We at Silicon Canals aim to keep you informed about the latest happenings in the tech industry. But let’s get real for ... Read more Read more ›
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Most popular sources
Business Insider
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34% 11 |
Mashable
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10% 9 |
Gizmodo
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9% 4 |
Wired
|
7% 3 |
The Verge
|
6% 4 |
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24.11.2024 09:27
Last update: 09:21 EDT.
News rating updated: 16:20.
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