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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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Silicon Canals
Vishal Singh @ Silicon Canals · 07/04/2025 03:14 EDT

Winners of Gerard & Anton Award 2025: Meet the 10 most promising startups from Brainport

The 10 new winners of the Gerard & Anton Award 2025 were announced in Eindhoven, Netherlands, yesterday. The ceremony took place at the High Tech Campus. The Gerard & Anton Award, named after the founders of Philips, focus on startups in the Brainport Eindhoven region and selected 10 from over 70 nominations as the most ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/03/2025 08:59 EDT

Sweden’s Nordic Air Defence secures €2.5M to accelerate Europe’s drone defence revolution

Stockholm-based Nordic Air Defence, a defence tech startup, has secured $3M (approximately €2.5M) in an expansion of its pre-seed funding round, bringing the total to $4.4M (approximately €3.7M). The funding round was led by the venture capital firm Inflection, which also resulted in changes to the company’s board composition as it enters a crucial phase ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/03/2025 08:52 EDT

European AI leaders join forces to push two-year pause on AI Act: All you need to know

A group of European business and tech leaders is urging the European Commission (EC) to delay the full rollout of the EU AI Act. The announcement comes out of a concern that the new regulation could slow down growth, lead to inconsistent enforcement, and harm innovation in Europe. “At a time of unprecedented technological, economic, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/03/2025 08:18 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 · 07/03/2025 05:31 EDT

UK’s HIVED lands €35.5M to expand its AI logistics platform and electric delivery fleet

London-based HIVED, an AI-powered parcel delivery startup, has secured $42M (approximately €35.5M)  in a Series B round led by NordicNinja. NordicNinja is a founder-led venture capital firm with strong engineering skills. Established in 2019, it is the largest Japan-backed VC fund in Europe. The firm invests in growing companies that have outstanding teams and aim ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/03/2025 04:30 EDT

Germany’s AI search analytics startup Peec AI secures two funding rounds in five months: Know more

Berlin-based Peec AI has secured €7M in funding within five months of its founding. The startup initially closed a €1.8M pre-Seed round in April, followed by the current €5.2M Seed round led by 20VC less than four weeks later.  The Seed round was led by 20VC, with participation from Antler, Foreword VC, Identity.VC, Combination VC, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/03/2025 02:28 EDT

Leeds-based AssetCool raises €11.5M to tackle power grid bottlenecks with smart coating technology

Leeds-based AssetCool, a UK company focused on improving overhead power line capacity to address grid congestion, has secured £10M (nearly €11.56M) in an oversubscribed Series A funding round. The UK-based company will use the funds to scale globally and create 15 new jobs in the next 18 months. The round was led by Energy Impact ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/03/2025 02:21 EDT

Dutch startup Solarix secures €5.5M to advance design-driven solar facades

Weesp, the Netherlands-based Solarix, a startup that designs and supplies innovative coloured solar panels for facades, has secured €4.2M in funding. Investors in this funding round include ROM InWest, VP Capital, and several private investors, along with participation from existing investors, which strengthens Solarix’s finances. They also have €1.3M set aside from the National Growth ... Read more Read more ›

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Silicon Canals
Remco Janssen @ Silicon Canals · 07/02/2025 10:51 EDT

IoT Connect: unifying devices, data & decisions

In addition to artificial intelligence, the Internet of Things (IoT) ecosystem is also growing at a never-before-seen rate. As IoT grows, organisations across industries face mounting challenges in managing complex device networks, connectivity services, and the vast streams of data generated by connected devices.  The complexity of coordinating multiple SIM types, service configurations, and billing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/02/2025 10:34 EDT

Berlin’s Talon.One raises €114.7M to scale its platform for promotions, loyalty and gamification

Berlin-based Talon.One, a loyalty and promotions platform, today announced it has secured $135M (approximately €114.7M) in the latest funding round. The funding round was led by Silversmith Capital Partners, a Boston-based growth equity firm, and Meritech Capital, an investor known for backing category-defining companies such as UiPath and Salesforce. Existing investor CRV also participated in ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/02/2025 05:09 EDT

Delft-based FieldFactors raises €1.6M to help cities capture and reuse rainwater

Delft-based FieldFactors has raised €1.65M in a funding round to support the growth of its local rainwater reuse systems. The oversubscribed round attracted investors from Europe, the US, and Latin America. The investment was led by Dutch impact investor Connect the Drops, with additional participation from Tailwind Climate, Amplifica Capital, Vanzal Limited, and the Water ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/02/2025 05:05 EDT

Dutch photonic chipmaker EFFECT Photonics raises additional €20.4M to accelerate optical innovation

Eindhoven-based EFFECT Photonics, a provider of next-generation coherent optical solutions for data centre and edge networks, has raised an additional $24M (approximately €20.4M) as part of its Series D financing round. This funding round brings the total raised in the round to $62M (approximately €52.6M). “This funding milestone reinforces the strong market demand we’re seeing ... Read more Read more ›

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