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Silicon Canals
Editorial team @ Silicon Canals · 04/17/2025 03:21 EDT

The creator economy is skyrocketing. According to research, the industry is estimated to be worth around $300 billion every year, with predictions that it could double by 2030. Fintech companies are leading the way in this transformation, making it easier and more efficient for creators to manage their finances. destream’s Founder and CEO, Tachat Igityan, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/17/2025 03:09 EDT

Lyft hails a taxi to Europe: Set to acquire Germany’s FREENOW for €175M

Lyft, a US-based ride-hailing marketplace, announced an agreement to acquire Hamburg’s FREENOW, a mobility app with a taxi service, from BMW Group and Mercedes-Benz Mobility.  The deal is valued at approximately €175M in cash. The acquisition is expected to close in the second half of 2025. Aim of the acquisition FREENOW is Europe’s multi-mobility app ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/17/2025 03:00 EDT

Amsterdam-based Endeit Capital announces Jonne de Leeuw as new partner

Amsterdam-based Endeit Capital, a growth capital firm, announced Jonne de Leeuw as a new Partner. Since joining Endeit in April 2024 as a Venture Partner, Jonne has played a key role in expanding the firm’s focus on European growth-stage investments. He holds board positions at Floryn, Virtuagym, Cevinio, and at the firm’s recent investment in ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/16/2025 10:09 EDT

The Hague-based social enterprise Subul secures investment to expand tech jobs for refugees

The Hague-based Subul, a social enterprise, has secured a €200,000 investment from Start Foundation.  Start Foundation is a nonprofit dedicated to developing and accelerating groundbreaking initiatives that remove barriers to employment. The foundation focuses on solutions that create sustainable work opportunities for individuals who struggle to access the labor market. Joske Paumen, director of Start ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/16/2025 06:59 EDT

Amsterdam-based Cruit, an employee referral platform, announced that it has secured undisclosed funding in a round led by Amsterdam-based VC Arches Capital. Arches Capital is a VC that focuses on generation-proof B2B software companies and currently supports 23 startups. With over 100 active angel investors, Arches combines the engagement of seasoned entrepreneurs with the structure ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/16/2025 06:02 EDT

Milan-based BizAway expands with acquisition of Barcelona’s Aervio to strengthen corporate travel

Milan-based BizAway, a travel management scale-up, has acquired Barcelona’s Aervio, a travel management company focused on AI solutions for business travel.  Through this acquisition, BizAway aims to enhance its innovation process and expand its technological tools. The company currently operates from eight offices across Italy, Spain, Albania, and Dubai, with a workforce of over 360. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/16/2025 04:56 EDT

London-based Lighthouse, a commercial platform for the travel and hospitality industry, announced that it has acquired Barcelona-based The Hotels Network. The announcement follows five months after achieving unicorn status, having secured €351.83M in Series C growth funding. The acquisition will combine Lighthouse’s commercial intelligence platform with AI-driven marketing technology from The Hotels Network. The UK ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 04/16/2025 04:05 EDT

Milan-based Tundr, a fintech startup in Italy’s corporate welfare space, has raised €7.2M in seed funding. The round was led by 360 Capital through its 360 Digitaly fund and CDP Venture Capital via the Digital Transition Fund – PNRR.  It also received contributions from Azimut Libera Impresa SGR (through ALIcrowd III and IV), Exor Ventures ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 04/16/2025 03:39 EDT

London-based Poolhouse, the new tech-enabled pool entertainment business, has raised $34M (approximately €29M) in its seed round led by Sharp Alpha and dmg ventures, DMGT’s consumer venture capital fund. Other investors, including David Blitzer (owner of the Philadelphia 76ers and New Jersey Devils), Simon Sports (co-owner of Ipswich Town F.C.) Active Partners (early investors in ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/16/2025 02:09 EDT

Cambridge-based Nyobolt, a company that offers high-power batteries and ultrafast charging technologies, has secured $30M (nearly €26.42M) in funding. This brings the company’s total raised capital to $100M (nearly €88M). The round was led by IQ Capital and Latitude, with participation from Scania Invest and Takasago Industry. Max Bautin, co-founder and Managing Partner at IQ ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/15/2025 09:28 EDT

European AI investment surges 55% YoY to €3B in Q1 2025: Top 10 biggest rounds revealed

European AI investment is thriving, with venture capital funding up 55 per cent in Q1 2025 compared to the same period last year. According to data from Dealroom analysed by Balderton Capital, AI companies have already raised $3.4B (approximately €3B), up from $2.2B (approximately €1.94B) in Q1 2024. The report also stated that AI is ... Read more Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 04/15/2025 07:24 EDT

Just 150 km from Berlin, Leipzig is not only the fastest-growing city in Germany but also an emerging hub for startups. Part of Central Germany, the region is set to become Germany’s 6th largest city by 2040 with nearly 700,000 inhabitants and is pushing the envelope in the field of science and technology. With three ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 04/15/2025 07:22 EDT

In today’s world, digital users demand perfection. Rapid development cycles and the complexity of modern applications have made robust software testing indispensable for organisations of all shapes and sizes. However, many myths and misconceptions often obscure the true potential of software testing and why it’s needed, particularly with the rise of AI. Throughout my years ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/15/2025 06:15 EDT

London’s AI video platform Synthesia gets investment from Adobe, hits $100M in yearly revenue

London-based Synthesia, an AI video platform for enterprises, has announced a strategic investment from Adobe Ventures. The company also reported surpassing $100M (nearly €88.20M) in annual recurring revenue (ARR). With this funding, Synthesia elevates as the UK’s largest generative AI company by revenue and strengthens its position as one of the few European companies with ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/15/2025 06:09 EDT

London-based Marshmallow, an insurtech unicorn, has raised $90M (approximately €79M) combination of equity and debt) in a funding round at a $2B (approximately €1.7B) valuation. The funding round was led by Portage Capital, with participation from BlackRock, and Columbia Lake Partners (CLP). The latest round brings the total funding received to around $220M (approximately €193M) ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/15/2025 05:37 EDT

Warsaw-based BidFinance, a fintech startup and creator of an auction platform for trading debt portfolios, has secured €1.6M in funding. The round was backed by venture capital funds 4growth VC, FundingBox, and a group of business angels.  The funds will allow BidFinance to expand its presence in the Polish market and grow its operations internationally, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/15/2025 04:39 EDT

Amsterdam’s beSirius gets €3M to bring AI-driven sustainability to metal and mining industry

Amsterdam-based beSirius, a company specialised in sustainability management tools, has secured €3M in an oversubscribed seed round led by NAP. Other investors, including Fund F, Techstars, WEPA Ventures, Blackwood, and Golden Egg Check, participated in the round. The Dutch company will use the funds to improve its role in supply chains, audit networks, and financial ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/15/2025 03:02 EDT

Paris-based venture capital firm AXA Venture Partners has completed a management buyout from AXA and rebranded as Atlantic Vantage Point (AVP). Founded in 2016, the VC firm will now operate as an independent private investment company. AVP plans to maintain its collaboration with AXA and continue its existing partnerships. AVP has introduced a new brand ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/15/2025 02:19 EDT

Amsterdam-based Recharge, a company specialised in prepaid payments, has acquired Giftcloud Limited from Groupon, Inc, to accelerate its expansion into the fast-growing B2B rewards space. Based out of the UK, Giftcloud is a digital rewards platform helping businesses engage, acquire, and retain customers through branded prepaid incentives. The platform offers branded digital campaigns that boost ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/14/2025 09:20 EDT

UK startup equiwatt raises €810K to expand its clean energy rewards platform

equiwatt is a UK-based company that offers an energy management app that rewards consumers for turning off appliances during peak times. The company has secured an additional £700K (approximately €810K) in funding from the North East Venture Fund, which is backed by the European Regional Development Fund and managed by Mercia Ventures, along with contributions ... Read more Read more ›

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