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Karthek Iyer @ Silicon Canals 2 place · 04/10/2025 04:00 EDT

Transitioning to renewable energy sources while coping with an increasing energy demand has emerged as one of the immediate challenges of the 21st century. Driven by global population growth, urbanisation, extreme weather events, digitalisation (data centres, AI, blockchain), and electrification (EVs, smart grids), the challenge of energy demand is immense and multifaceted. While the transition ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/10/2025 03:01 EDT

DIG Ventures closes €91M fund to back early-stage European startups

London-based DIG Ventures, an early-stage venture capital firm focused on B2B SaaS, AI, and cloud infrastructure startups in Europe, has closed a $100M (nearly €91M) fund. This is the firm’s first institutional fund.  The fund is supported by limited partners and entrepreneurs from across Europe. Institutional limited partners in DIG Ventures’ new fund include The ... Read more Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 04/09/2025 09:22 EDT

How do you organise an accessible event, and why should you care? A short guide

If your company organises regular events for internal employees or external guests, you should consider accessibility. There are lots of small things that can make an event inaccessible, which can create an uninviting space for people with different abilities. Luckily, there are many things you can do to make sure your event caters to all ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/09/2025 09:07 EDT

UK-based TransFICC raises €22.5M to improve e-trading for banks and investors

London-based TransFICC, an e-trading technology company, announced a $25M (nearly €22.55M) Series B investment. The company has now raised a total of $50M in funding. TransFICC supports institutions in fixed income and derivatives markets by managing trading connections, processes, and compliance. Tom McKee, co-founder of TransFICC, says, “Fixed Income trading firms need to support and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/09/2025 08:39 EDT

Delft-based Bi/ond, a biotechnology company specialised in drug discovery, is set to cease its operations. Cinzia Silvestri, the founder and CEO of Bi/ond announced the decision through a LinkedIn post.   “After a remarkable ride, we’re announcing the upcoming closure of Bi/ond,” she says. What happened? “Our ambition was clear: break out of the start-up mold ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/09/2025 07:42 EDT

DEME acquires Norwegian offshore wind company Havfram in €900M deal: Know more

Sandbrook Capital and the Public Sector Pension Investment Board (PSP Investments) have signed an agreement to sell Havfram, a Norwegian offshore wind infrastructure company, to DEME, a global leader in offshore energy and marine engineering. Based out of Beveren-Kruibeke-Zwijndrecht, Belgium, DEME is a contractor in the fields of offshore energy, dredging & infra, environmental remediation, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/09/2025 05:18 EDT

UK-based Ryft raises €6.6M to help banks and businesses with lower-cost payment solutions

London-based Ryft, a payment platform focused on automating payment flows for marketplaces and digital platforms, announced a £5.7M (nearly €6.62M) Series A funding round. The investment brings the company’s total funding to £7.4M (nearly €8.60M). The round was led by EdenBase, with participation from GPOS Investments, British Business Bank, Pembroke VCT, Sidebyside, and Ingenii VC. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 04/09/2025 04:49 EDT

Utrecht-based NOWOS bags €6M to extend battery life and reduce material waste: Here’s how

Utrecht-based NOWOS, a battery repair specialist for cars and bicycles, announced that it has raised €6M in equity funding round led by Impact Venture Fund Shift4Good. Based out of Paris and Singapore, Shift4Good, is a global impact venture capital fund dedicated to sustainable transportation.  Shift4Good’s founder, Yann Marteil, says,. “The circular economy is becoming a ... Read more Read more

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

Iceland-based First Water, a company focused on land-based salmon farming in Þorlákshöfn, has completed a share capital increase of €39M.  The round was led by existing shareholders including Stoðir hf., FW Horn slhf., Framherji ehf., Lífeyrissjóðurverslunarmanna, Brú lífeyrissjóður, Líra ehf., and LSR. Before this capital raise, First Water secured €122M through equity investments. After adding ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/09/2025 03:00 EDT

Reykjavik, Iceland-based Optise, an AI-powered Website Insights platform for B2B companies, has secured $2.2M (approximately €1.9M) in pre-seed funding led by Frumtak Ventures. Frumtak Ventures is an Icelandic VC firm focusing on investments in local innovation with global potential. Andri Heiðar Kristinsson, Partner at Frumtak Ventures, comments, “Despite previously having worked in Silicon Valley and ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/08/2025 08:44 EDT

London-based NexGen Cloud, a technology firm providing sustainable AI cloud solutions, has closed its Series A funding round, securing $45M (nearly €41.10M). The funding brings the company’s post-money valuation to $354M (nearly €323.36M). NexGen Cloud received funding from high-net-worth individuals and family trusts. The company plans to use the proceeds to expand its capacity across ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/08/2025 08:31 EDT

Amsterdam-based Carbon Equity, a climate venture capital and private equity investment platform, announced the final closing of €105M for its Climate Tech Portfolio Fund III from 460 investors. Carbon Equity now manages over €300M through 9 investment funds in climate tech and infrastructure, raised from more than 1,250 investors. Jacqueline van den Ende, CEO and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/08/2025 06:59 EDT

Nijmegen, the Netherlands-based QurieGen, cellular technology company, has raised €2.2M in a pre-seed funding round. The project has been backed by a syndicate of investors from the CEE region: Tensor Ventures, Lighthouse Ventures, BSV Ventures, Moondust Ventures, and 22 Hor Invest. Additionally, venture US capital investor Tim Draper of Draper Associates (who invested in companies ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/08/2025 05:29 EDT

Manchester-based Vypr, a product intelligence platform, has secured £5M (nearly €5.82M) in funding for expansion into international markets and related sectors. The company also plans to further develop its consumer insights technology. The investment included £4M from YFM Equity Partners and £1M from other investors and management. This round brings Vypr’s total funding to £13.4M, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/08/2025 03:47 EDT

London-based Untamed secures  €11.6M to improve diet options for cats

London-based Untamed, a human-grade cat food brand, announced that it has secured £10M (approximately €11.6M) in a Series B funding round led by New York consumer VC firm Coefficient Capital. Coefficient Capital leads investments in high-growth consumer brands that align the physical world with the digital universe. It offers capital, expertise, connections, and its brand ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 04/08/2025 03:01 EDT

Linköping-based Polar Light Technologies, a Swedish quantum opto-electronics developer, has completed a funding round totalling SEK 34M (nearly €3.10M). The round attracted interest from both current and new investors. Major shareholders took part, including Stoaf SciTech, fam Bo Eklöf (which increased its stake), Almi Invest, Sustainable Energy Angels, Butterfly Ventures, and LiU Invest. J2L Holding ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/08/2025 02:00 EDT

Sweden’s Starhive raises €4.5M: Co-founder and CEO Tommy Nordahl on tackling inefficient IT asset management with AI and no-code tools

Stockholm-based Starhive, a flexible IT asset and service management provider, has secured $5M (approximately €4.5M) in pre-Series A funding led by Ventech. Ventech is a well-established early-stage venture capital firm in both Europe and Asia with a strong digital focus. With its dual structure platform, Ventech has dedicated funds for Europe (Paris, Munich, Berlin, Helsinki ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/07/2025 10:37 EDT

On World Health Day, meet the Dutch healthtech startups that raised funding in 2025; 5 of them are hiring

After the end of Q1 2025, it’s clear that Dutch startups are entering the year with renewed strength and momentum. The fifth edition of the State of Dutch Tech report reveals that tech companies in the Netherlands raised €3.1B in venture capital over the past year—a 47 per cent increase that signals growing confidence in ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/07/2025 10:34 EDT

London-based Atempo Growth, a pan-European growth debt provider, announced the first close of €300M towards its second fund — Atempo Growth II. The latest funding close brings the total assets under management by the firm to over €700M.  Atempo Growth’s second fund will support high-growth technology companies in Europe by providing flexible financing. Tina Page, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/07/2025 08:43 EDT

UK-based Different Dog, a direct-to-consumer dog food brand, announced that it has secured £10M (approximately €11.6M) in funding from new and existing investors. The company will use the funds to move to a new state-of-the-art facility in Telford, the ‘dog capital of the UK’, expanding its capacity to serve thousands more dogs with its hand-cooked, ... Read more Read more

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