Modena, Italy-based Axyon AI, a provider of Predictive AI-powered solutions for the investment management sector, has secured a further €4.3M led by CDP Venture Capital. CDP Venture Capital is an asset management company participated by CDP Equity (70 per cent) and Invitalia (30 per cent) to make venture capital a cornerstone of Italy’s economic development ... Read more Read more ›
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Paris-based Pennylane, a company building a financial OS (Operating System) for European SMEs, has secured €75M from Meritech, Capital G, and its historical shareholders Sequoia and DST. “This fundraising illustrates the confidence of our investors and confirms our ambition to make Pennylane the benchmark solution in integrated financial management and electronic invoicing,” says Arthur Waller, ... Read more Read more ›
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London-based Sagittal AI, a company that develops AI solutions designed to align with human workflows, has raised $2.2M (nearly €1.99M) in a pre-seed funding round. The round was led by Twin Path Ventures, with participation from SineWave Ventures, Fuel Ventures, Blue Lake VC, and angel investor Husayn Kassai, founder of Onfido and Quench AI. Transforming ... Read more Read more ›
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Cologne-based DEUTZ, an engine company, has signed an agreement to acquire 100 per cent of the shares in Dutch-based Urban Mobility Systems (UMS) and its parent company, UMS Holding BV. UMS specialises in the electrification of off-highway vehicles. The acquisition supports the growth of DEUTZ’s “New Technology” segment and aims to strengthen the company’s position ... Read more Read more ›
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In this fast-paced world of technology, startups, and scale-ups, covering every single story can be challenging. We at Silicon Canals strive to provide our audience with the up-to-date news possible, uncovering the latest funding rounds, acquisitions, and innovative developments in the tech industry. However, we do miss out on the news sometimes. In this article, ... Read more Read more ›
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The construction industry has long relied on manual processes, leading to inefficiencies, delays, and higher costs. As projects grow in complexity, the need for digital solutions becomes more urgent to improve accuracy, streamline workflows, and enhance collaboration. In this edition of AI Tool of the Week, we spotlight SpecScan, an AI platform transforming the construction ... Read more Read more ›
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Copenhagen-based BioCirc, a circular bioeconomic company, has completed an internal fundraising round of DKK 300M (nearly €40.20M). The funds will support the company’s projects totalling DKK 1B (nearly €134M) by 2025, including a biogas facility in Skive. BioCirc has called an extraordinary general meeting to address investor interest following an oversubscribed fundraising round among shareholders ... Read more Read more ›
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London-based Unilever, a consumer packaged goods company, announced that it has received a binding offer from Dutch-based Vivera to acquire plant-based meat brand The Vegetarian Butcher. Rutger Rozendaal, CEO at The Vegetarian Butcher, says, “We are very excited for The Vegetarian Butcher to be joining forces with Vivera, as it will bring the opportunity to ... Read more Read more ›
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Birmingham-based Grid Edge, a company developing AI-powered software to reduce carbon emissions and energy costs in commercial buildings, has raised over £2.8M (approximately €3.3M) in funding. The funding round was led by Mercia Ventures, which was investing from the Midlands Engine Investment Fund II and its own EIS funds. Mercia Ventures is a proactive venture ... Read more Read more ›
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Luxembourg-based Exobiosphere, the world’s first contract research organisation dedicated to drug discovery in space, has raised €2M in a seed funding round. The round was led by Expansion Ventures, with participation from Expon Capital, Boryung, and Space Data Inc. Expansion Ventures is a €200M pan-European venture capital fund backing category-defining founders in aerospace and defence. ... Read more Read more ›
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Tallinn-based Ultra, a next-gen entertainment platform, has raised $12M (nearly €10.85M) in fresh funding. Luxembourg’s multi-family office NOIA Capital led the round through its NOIA Digital Assets fund. The investment follows the appointment of Gus van Rijckevorsel as CEO. “With new leadership, a clear vision, and growing momentum, we’re setting the stage for a new ... Read more Read more ›
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Gothenburg-based Swedish Algae Factory, a company specialising in utilising the microalgae group diatoms, has secured €3M in additional funding (loans and grants) from new and existing investors, such as Chalmers Ventures. Chalmers Ventures is a Tech Investor and Venture Builder in the Nordics, dedicated to creating global growth companies and taking new technology from lab ... Read more Read more ›
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Eindhoven-based ANTENNEX, a company specialised in antenna measurement solutions, announced that it has secured additional funding from Borski Fund to boost its international growth and innovation. The company plans to use the new funding to enhance its product offerings and meet growing global demand. Based out of Amsterdam, Borski Fund is a venture capital firm ... Read more Read more ›
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Efficient communication is the key for businesses to stay ahead in today’s rapidly developing digital environment. With companies handling countless customer interactions daily, capturing and analysing these conversations can provide invaluable insights, significantly increasing productivity. This is where conversation intelligence platforms come in, helping businesses streamline communication, automate repetitive tasks, and enhance decision-making. Meet Bliro ... Read more Read more ›
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![[Exclusive] Amsterdam AI startup Rembrandt bags funding: Co-founder Vincent Wijdeveld on building the ‘crystal ball’ for revenue teams](https://times42.com/media/8/4/7/10302847_640x200.jpg "[Exclusive] Amsterdam AI startup Rembrandt bags funding: Co-founder Vincent Wijdeveld on building the ‘crystal ball’ for revenue teams")
Amsterdam-based Rembrandt (formerly Cocraft), an AI-powered revenue intelligence platform, has secured €330,000 in funding. The funding comes from three seasoned angel investors—two with deep expertise in machine learning and AI and one with a proven track record in SaaS sales. The investment announcement comes a week after rebranding its name from Cocraft to Rembrandt to ... Read more Read more ›
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Grasse-based Ecoat, a French green-tech scale-up, has closed a €21M funding round to advance its work in the coatings and paints sector. According to the Frech company, this industry accounts for 2 per cent of global industrial greenhouse gas emissions. Ecoat focuses on replacing fossil-based binders with bio-based, low-carbon alternatives to reduce emissions. Ecoat raised ... Read more Read more ›
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GRACE, a Franco-Swiss fintech company enabling luxury brands to offer built-in protection against theft and loss, has secured €5.9M in seed funding. The round was led by FinTech Collective and Speedinvest, with participation from Firstminute Capital, Purple (Laurent Ritter’s fund), Kima Ventures and Bpifrance. Notable investors including Didier Valet (former MD, Société Générale), Eric Mignot ... Read more Read more ›
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The Hague-based InnovationQuarter, a regional economic development agency for the Province of Zuid-Holland, announced the appointment of Lars Crama as its new Managing Director/Manager, effective June 1. As the new director of InnovationQuarter, Crama will also play a central role in strengthening cooperation with public stakeholders in South Holland. He takes responsibility for bringing governments, ... Read more Read more ›
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London-based Unravel, a company using AI for video-based travel commerce, has raised $7M (nearly €6.38M) in a Series A round of funding. The investment round was led by Nauta Capital, a European B2B software investor, with contributions from Active Partners, Slingshot Ventures, and Olivier Bisserier, former CFO of Booking.com. Other participants include Antler, Nodes, Upscalers, ... Read more Read more ›
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Paris-based Revaia, Europe’s largest all-women-led VC, announced the final closing of its second fund, Revaia Growth II, at €250M. This latest closing brings its total assets under management to €600M. “With €600M under management, a strong portfolio, and rapid deployment in high-growth sectors like energy transition and AI, we are reaffirming our ambition: to be ... Read more Read more ›
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15.06.2026 22:48
Last update: 22:35 EDT.
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