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Vishal Singh @ Silicon Canals 2 place · 05/30/2025 09:00 EDT

While AI has entered everyday vocabulary, its actual implementation across European SMEs tells a more complicated story. Buzzwords abound, but for small and mid-sized businesses, launching successful AI projects is still far from a plug-and-play experience. From e-commerce retailers to insurance brokers, real-world case studies reveal a consistent pattern: SMEs are eager to leverage AI, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 05/30/2025 08:59 EDT

Getafe-based Floatech, a company specialised in developing silicon anodes for lithium-ion batteries, has completed a €1M funding round. The round includes contributions from Grow Venture Partners, Big Sur Ventures, Suma Capital, CDTI Innvierte, and BStartup Banco Sabadell. This step supports Floatech’s push to bring its silicon anode battery technology, Si⋮Coil, to the market. Capital utilisation ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/30/2025 07:21 EDT

Dublin-based Outmin, a startup transforming how small and medium-sized businesses manage their finances, has raised €4M in the latest funding round. The funding round was led by Praetura Ventures through its Praetura EIS Growth Fund and NPIF II – Praetura Equity Finance, managed by Praetura as part of the Northern Powerhouse Investment Fund II. Based ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/30/2025 04:43 EDT

Frankfurt-based Helrom, a rail freight company, has secured €32.9M in green loan financing through a collaboration with Société Générale and DAL Deutsche Anlagen-Leasing. Structured according to the Loan Market Association’s Green Loan Principles, the transaction uses an asset-based model with a seven-year term. This deal builds on a previous agreement completed by the same parties ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/30/2025 03:42 EDT

Amsterdam-based SkyNRG, a company specialised in Sustainable Aviation Fuel (SAF), has secured €250M from APG, on behalf of its pension fund client ABP. APG is the largest pension services provider in the Netherlands, managing pensions for 4.6 million people. The firm offers services like consultancy, asset management, pension administration, communication, and support for employers. As of ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/30/2025 02:58 EDT

Copenhagen-based TODAY, a vertical AI startup has secured €1M in a Pre-Seed funding round led by Berlin-based AI-SaaS-Fund Lucid Capita. The funding round also includes a group of angel investors from InsurTech, AI, and the insurance industry, including CLARK, Ascendia, Harvey, Meta, Thinksurance, and Covago, including: The Danish company will use the funds to accelerate ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/30/2025 02:41 EDT

Grammarly, an AI writing assistance company, announced it has secured $1B (nearly €881M) in financing from General Catalyst. The funding reflects General Catalyst’s ongoing support of Grammarly, which became an AI productivity platform for apps and agents after acquiring Coda in January 2025. Coda is a workspace platform used by over 50,000 teams worldwide to ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/29/2025 07:50 EDT

Haarlem-based Reshift, a Dutch publisher with platforms such as Kieskeurig.nl and Review.nl, has taken a minority stake in Amsterdam’s data technology company ONBRDNG. The agreement includes the launch of a joint platform, Oncore.ai. Oncore.ai enables marketers and e-commerce companies to access real-time insights using their first-party data. The move supports Reshift’s ongoing focus on data-based ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/29/2025 05:29 EDT

Rome-based Translated, a firm specialised in AI-powered language solutions, has officially announced it will lead DVPS (Diversibus Viis Plurima Solvo, Latin for “Through diverse paths, I solve many issues”), a €29M Horizon Europe initiative.  DVPS aims to create AI systems that learn from text, images, and real-world experiences, combining language, vision, and sensor data for ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 05/29/2025 05:02 EDT

UK’s payments tech provider Dojo secures investment of €168.6M: Know more

London-based Dojo, a payments technology provider, has announced an investment of $190M (nearly €168.66M) from global investment firm Vitruvian Partners. This marks Dojo’s first equity raise. Stephen Byrne, Partner at Vitruvian Partners, says, “We’re delighted to be partnering with Dojo at this critical point on their growth journey. The Dojo team have built next-generation technology ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/29/2025 03:03 EDT

European Commission announces EU Startup and Scaleup Strategy: All you need to know

The European Commission has announced a comprehensive “EU Startup and Scaleup Strategy” to boost the growth of startups and scaleups across the European Union. The Strategy aligns with the broader ‘Choose Europe’ initiative, launched by President von der Leyen. “This truly is a worldwide, unprecedented proposal of rulings and initiatives to support the disruptive growth ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/29/2025 02:54 EDT

Uber acquires Denmark-based Dantaxi: Know more

Uber Technologies, a US-based transportation and delivery company, has announced its acquisition of Dantaxi, a taxi company in Denmark, from private equity firm Triton. Daniel Björklund, Investment Advisory Professional, Triton, says, “Dantaxi has gone from strength to strength under Triton’s ownership, driven by a focus on providing a quality service for both consumers and drivers.” ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/28/2025 07:59 EDT

In the ever-evolving world of startups and innovation, the Netherlands continues to shine as a breeding ground for young tech talent. From Amsterdam to Rotterdam, Dutch entrepreneurs are building companies that not only disrupt industries but also build personal fortunes that are nothing short of amazing. Each year, Quote magazine unveils its highly anticipated list ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/28/2025 07:19 EDT

Rijswijk-based Aethon, a company addressing societal challenges by solving staff shortages, has received a €9.6M investment from Amsterdam‘s Endeit Capital. Martijn Hamann, Partner at Endeit Capital, says, “Aethon is leading the transformation of workforce management across Europe — and doing so in a way that benefits organisations, professionals, and the public.” Endeit Capital sees the ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 05/28/2025 05:05 EDT

Main Capital Partners closes €520M continuation fund to help grow European software companies

The Hague-based Main Capital Partners, an enterprise software investor operating in Europe and North America, has closed its first continuation fund with €520M in commitments.  The fund was backed by new and existing limited partners, co-led by Lexington Partners and StepStone Group. Trinity River Holdings, LP served as sub-lead. The continuation fund was established to ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/28/2025 03:00 EDT

Amsterdam-based startups that raised funding in May 2025; 12 of them are hiring right now 

The first half of 2025 is about to end! Amsterdam is solidifying its reputation as one of Europe’s most dynamic startup hubs. With a vibrant ecosystem that fosters innovation, the city is attracting significant investor attention. In Q1 2025, approximately €429M was invested in Dutch startups. Based on estimates of unpublished amounts, the total amount ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 05/28/2025 03:00 EDT

UK firm Ankar bags €3.5M to accelerate its ‘AI for inventors’ platform

London-based Ankar, an AI platform for Intellectual Property, has raised £3M (approximately €3.5M) in a Seed funding round led by Index Ventures. Index Ventures is a London-based venture capital firm that helps entrepreneurs turn bold ideas into transformative international businesses. Hannah Seal, Partner at Index Ventures, says, “Tamar and Wiem are redefining how innovation is ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/28/2025 02:18 EDT

French female-led biotech kyron.bio raises €5.5M to tackle a major challenge in biologic drug development using sugar molecules

Paris-based kyron.bio, a biotechnology company, has announced a €5.5M funding round. The round was led by HCVC, with participation from Verve Ventures, Entrepreneur First, Saras Capital, and multiple angel investors. kyron.bio’s aims to address issues in biologic drug development. The company is focused on controlling sugar molecules, known as glycans, on the surface of drugs ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/28/2025 02:06 EDT

Velocity, a financial infrastructure platform, announced a $10M (approximately €8.9M) pre-seed funding round to launch the operating system for digital finance. The funding round was led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, and Preface Ventures. Based out of Greenwich, Activant Capital specialises in growth equity with a ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/27/2025 09:29 EDT

TNW Conference returns to NDSM Amsterdam on June 19–20, 2025. It is a platform to connect, learn, build, and scale — across industries, sectors, and borders.  Whether you’re seeking funding, technology insight, or strategic partnerships, the event offers the structure and space to make it happen. This two-day tech event will bring together startups, scaleups, ... Read more Read more

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