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Silicon Canals
Vishal Singh @ Silicon Canals · 05/08/2025 04:52 EDT

Amsterdam’s Bolster Investment Partners acquires 80% stake in the Hague-based Eternal Sun

The Hague-based Eternal Sun, a company specialising in solar panel testing technology, has announced that Amsterdam’s Bolster Investment Partners has acquired an 80 per cent stake in the company.  The shares were previously held by Vermec and ABN AMRO Sustainable Impact Fund, who supported the company during its early and expansion phases.  With this transaction, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/08/2025 03:00 EDT

London-based Ravio, a compensation management platform, has raised $12M (nearly €10.61M) in a Series A funding round led by Spark Capital, with participation from Blackbird and Cherry Ventures.  The company aims to change how businesses handle compensation by offering real-time market data and decision-making tools. Ravio’s customers include Just Eat Takeaway, Octopus Energy, Wise, Adyen, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/08/2025 02:48 EDT

Lisbon’s TEKEVER becomes latest European defence tech unicorn with NATO backing, rolls out €470M Project OVERMATCH in the UK 

Lisbon-based TEKEVER, a company specialised in AI-enabled Unmanned Aerial Systems (UAS), has secured funding in a new round, bringing its valuation over £1B. The funding round was backed by existing investors, including round leader Ventura Capital, Baillie Gifford, the NATO Innovation Fund (NIF), Iberis Capital, and Crescent Cove. John Ridge, Chief Adoption Officer at the ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/07/2025 07:41 EDT

Final Frontier launches €4.5M fund to support Nordic defence and space startups, backed by former PM of Denmark

Copenhagen-based Final Frontier, a venture capital fund investing in Nordic space and defence tech startups, has secured its first fund of €4.5M. The fund has brought together several figures from the Danish defence sector to support its investment efforts. Anders Fogh Rasmussen, former NATO Secretary General and Prime Minister of Denmark, has made a personal ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/07/2025 06:49 EDT

Eindhoven-based eyeo, a company specialised in nanophotonic color-splitting technology, has raised €15M in seed funding, co-led by imec.xpand, and Invest-NL. “Eyeo is working on disruptive innovation in the image sensor industry. As a Deep Tech Fund, we want to accelerate these key technologies. We are proud to support this company in developing them,” says Bart ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/07/2025 05:00 EDT

Berlin-based 7Learnings raises over €10M to accelerate its AI-driven pricing optimisation technology

Berlin-based 7Learnings, a provider of AI-powered retail optimisation technology, announced the closing of its Series B funding round led by Acton Capital, securing over €10M in new investment. Munich-based Acton Capital is a growth-stage venture capital firm. It has provided crucial backing to influential startups and scale-ups in both the B2B and consumer sectors. The ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/07/2025 04:43 EDT

London-based Nia, an AI platform focused on developing autonomous engineering agents, has secured $850K (nearly €747,670) in a pre-seed funding round.  The round was led by LocalGlobe, with contributions from No Label Ventures, Andrena Ventures, Ventures Together, Eurasian Hub Ventures, and Artificial Societies (part of YC W25). Emma Phillips, Partner at LocalGlobe, says, “Arlan is ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 05/07/2025 02:16 EDT

Amsterdam’s FINOM reportedly secures €92.7M from General Catalyst: Know more

Amsterdam-based FINOM, a digital banking solution for SMEs and entrepreneurs, has raised €92.7M in a growth investment round from General Catalyst’s Customer Value Fund. This round brings the total funding amount raised to €190M. TechCrunch reports that the capital will be used specifically for accelerating growth and not for operational expenses or product development. The ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/07/2025 02:14 EDT

European Investment Bank (EIB), a long-term lending institution of the European Union, owned by its Member States, has partnered with Euronext to support small and mid-cap companies in Europe’s aerospace and defence sectors. Through an advisory agreement, the EIB will assist Euronext in developing a programme aimed at helping scale-up companies in these industries engage ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/06/2025 11:20 EDT

German company Parloa becomes Europe’s newest AI unicorn with €106M funding

Berlin-based Parloa, a company specialised in Agentic AI for customer experience, has secured $120M (approximately €106M) in Series C funding at a valuation of $1B. The funding round was led by Durable Capital Partners, Altimeter Capital, and General Catalyst. Based in the US, Durable Capital Partners invests in small and mid-cap companies in both public ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/06/2025 08:32 EDT

Tallinn-based XDaata Group, a B2B software development company, announced its plans to go public on Nasdaq in the first half of 2025. The company has signed a definitive agreement with special purpose acquisition company (SPAC) Alpha Star Acquisition Corporation (“Alpha Star”), with the business combination transaction valued at $180M (approximately €158.3M). Dr. Zhe Zhang, the ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/06/2025 07:03 EDT

London-based StackOne has raised $20M (nearly €17.67M) in a Series A funding round. This brings the company’s total raised capital to $24M. The round was led by GV (Google Ventures). Workday Ventures, XTX Ventures, Episode 1, Playfair, and individual investors from OpenAI, DeepMind, Microsoft, and Mulesoft also joined the round. Luna Schmid, Partner at GV, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/06/2025 05:17 EDT

EU offers €500M in grants to woo American scientists amid US funding cuts

French President Emmanuel Macron and EU Commission Chief Ursula von der Leyen held a conference, “Choose Europe for Science,” at Paris’s Sorbonne University on Monday, aimed at attracting US researchers. The announcement aims to benefit from U.S. President Donald Trump’s funding cuts and conflicts with top U.S. universities. “We call on researchers worldwide to unite ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/06/2025 04:44 EDT

Netherlands and Germany-based Duna, a company that offers a platform for compliant business identity, has raised €10.7M in a seed round of funding.  The investment was led by Index Ventures, with participation from global tech leaders. Zak Lambert, Plaid’s VP EMEA, says, “Business onboarding used to be a cost centre for Plaid. Now, it’s a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/06/2025 04:00 EDT

The Nederlandse Vereniging van Participatiemaatschappijen (NVP), the Dutch Private Equity and Venture Capital Association, has published its annual report outlining the state of venture capital (VC) and private equity (PE) in the Netherlands for 2024. The Dutch company NVP is focused on enhancing the investment climate in the Netherlands by advocating for the private equity ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/06/2025 02:41 EDT

Germany-based Quantum Systems, an aerial data intelligence company, has raised €160M in new funding. This brings the company’s total funding to €310M. Balderton Capital led the round, which included participation from Hensoldt, Airbus Defence and Space, Bullhound Capital, LP&E AG, and existing investors HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Airbus Ventures, Porsche ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/05/2025 09:39 EDT

Sweden’s Vattenfall and Zug’s Terralayr sign multi-asset tolling deal: Here’s why it’s huge for the battery storage world

Zug-based terralayr, a provider of energy flexibility services, in collaboration with Vattenfall, a Stockholm-based energy company, has signed a 7-year, multi-asset tolling agreement. Vattenfall is a European energy company employing around 21,000 people. For more than 100 years, it has powered industries, delivered energy to homes, and enhanced living standards through innovation and teamwork. Multi-asset ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/05/2025 07:12 EDT

Germany-based Quantum Systems, an aerial data intelligence company, has announced that the Spanish Armed Forces have procured two systems from its Family of Systems—Vector and Twister. This marks the first time a customer has adopted the full range of Quantum Systems’ Intelligence, Surveillance, and Reconnaissance (ISR) capabilities. The deal! The Spanish Armed Forces have entered ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/05/2025 06:39 EDT

Lisbon-based Goparity, a sustainable finance platform, has secured €2.9M funding led by 3XP Global, through its Impact Innovation Fund. Based out of Lisbon, 3XP Global is an asset management firm with a distinct track record in terms of ESG Integration in the investment process and an active role in helping founders throughout the investment cycle. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/05/2025 05:34 EDT

Main Capital Partners, a software investor in the Benelux, DACH, the Nordics, and the United States, announced that it has acquired a majority stake in Norwegian fintech firm Aritma. This Main Foundation II investment further strengthens Main’s presence in the Nordic enterprise software landscape. This partnership will support Aritma’s continued expansion of its product suite, ... Read more Read more ›

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