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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 03/14/2025 05:28 EDT

London-based Packfleet, a logistics startup, announced that its delivery operations will transition  to DHL, as the logistics giant continues to expand its green delivery services in London. The announcement come around one year after raising €9.1M in a Series A round of funding, co-led by General Catalyst and Voyager.  Under this shift, DHL will take ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 03/14/2025 03:36 EDT

French game studio Opus Major secures €9.2M to build a music-powered multiplayer game

Paris-based Opus Major, a new game studio founded by Jean-Nicolas Vernin and Pierre-Armand Nicq, has raised $10M (nearly €9.22M) in Seed funding. Griffin Gaming Partners led the round, which included participation from early investor Alven. The funding will support the development of Opus Major’s first project, a multiplayer game centred on music. The studio aims ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/13/2025 11:00 EDT

OpenOcean secures €100M for fourth venture fund, eyes €130M final close in 2025

OpenOcean, a pan-European venture capital firm, announced its fourth main venture fund. The VC firm says it has already completed a €100M first close in 2024 and made its first investments in two startups –Embeddable and Dreamfold. “Partnering with OpenOcean is a real game changer for Embeddable,” says Tom Gardiner, CEO at Embeddable. “Their deep ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 03/13/2025 08:29 EDT

London-based Merx secures €1.1M for its AI-powered conversational commerce platform

London-based Merx, an AI-powered conversational commerce platform, announced that it has secured £1M (approximately €1.1M) in a pre-seed funding round.  The round was led by VentureFriends, the European early-stage VC firm, with participation from Ascension, the London-based early-stage VC firm. VentureFriends is a pan-European Pre-Seed and Seed VC fund. Currently investing from their 3rd fund ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/13/2025 06:52 EDT

Denmark’s Wavepiston raises €900K to advance wave energy and water solutions: Know more

Helsingør-based Wavepiston, a Danish company providing wave energy solutions for power production and desalination, has secured a €900K in funding from two professional investors through the Dutch joint venture company, The Blue Line BV. The Blue Line is backed by Connect the Drops, a Dutch investment fund focused on the water sector, and Unknown Group, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/13/2025 06:41 EDT

Botguard rebrands to Blackwall, lands €45M to scale AI-powered security: Know more

Blackwall (previously Botguard), an AI-enabled security and web infrastructure company, announced that it has raised €45M in a Series B funding round led by Dawn Capital. Dawn is Europe’s specialist B2B software investor, with assets under management of over $2bn. Dawn is primarily an early-stage investor, backing companies from Series A and B, and continuing ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 03/13/2025 04:28 EDT

Project Europe launches to back young founders under-25 with big ideas: All you need to know

Project Europe is now official! The initiative has been launched to drive innovation and entrepreneurship in Europe. Unlike traditional initiatives, Project Europe remains independent of political movements, parties, and ideologies. Its core focus is encouraging young entrepreneurs to take risks and turn their ideas into successful businesses. “The vision for Project Europe is that it ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 03/13/2025 04:13 EDT

Invest-NL, Techleap and TNO join forces to strengthen the Dutch and European tech industry

Netherlands-based TNO, Techleap, and Invest-NL have announced a strategic alliance to accelerate tech-related innovations, support startup growth, and enhance competitiveness. The announcement was made at the Hello Tomorrow tech event in Paris. The collaboration aims to strengthen the Netherlands and Europe’s position in the global tech industry, where only four of the top 50 companies ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/13/2025 02:14 EDT

Madrid-based Flowww secures €4M to expand its digital solutions in healthcare and beauty: Know more

Madrid-based Flowww, a software company focused on optimising daily operations for aesthetic medicine, healthcare, and beauty businesses, has closed a €4M funding round. This is the company’s first investment round, led by Swanlaab Venture Factory and Bonsai Partners, with participation from Sabadell Venture Capital. A software for optimising daily operations Founded in 2007 by Natalia ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/12/2025 08:42 EDT

German AI healthcare platform Elea gets a €4M shot in the arm to accelerate diagnoses

Hamburg-based elea, an AI platform for healthcare professionals, has raised €4M from Fly Ventures and Giant Ventures. The company also announced a partnership with one of Germany’s largest MVZ (Medizinische Versorgungszentrum) hospital groups. The funding and partnership aim to enhance diagnostic and care capabilities in the healthcare sector. Gabriel Matuschka, Partner at Fly Ventures, says, ... Read more Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 03/12/2025 07:00 EDT

No early-stage VCs, no economy: Cottonwood’s Alain le Loux on Fund IV, early-stage deep tech startups, science IP-based innovation

On March 5, 2025, Cottonwood Technology Fund announced the first close of its fourth fund. With the new €80M fund, the deep tech VC focusing on the Southwest United States and Northwest Europe is further strengthening its support for early-stage IP-driven deep tech startups. The first close is at €25M and the VC already has ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/12/2025 06:17 EDT

Denmark’s ATLANT 3D lands €13.7M: CEO Maksym Plakhotnyuk on making atomic-scale manufacturing accessible, DALP tech, and more

Taastrup, Denmark-based ATLANT 3D, a company building an advanced atomic-scale manufacturing platform, announced that it has secured a $15M (approximately €13.7M) Series A+ funding round led by West Hill Capital. Based out of London, West Hill is a leading UK venture capital firm that provides institutional, corporate, and private investors with the opportunity to invest ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/12/2025 06:11 EDT

Northvolt runs out of power: Swedish battery giant files for bankruptcy in Sweden

Stockholm-based Northvolt, a lithium-ion battery manufacturer, announced that it has filed for bankruptcy in Sweden. The announcement comes a couple of months after the Swedish company sold its remaining shares in battery recycler Hydrovolt to Oslo’s aluminium and energy company Hydro, for NOK 78M (nearly €6.66M).  Financial struggles and challenges Northvolt, like many companies in ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/12/2025 06:04 EDT

Dutch-based Cano-ela raises €1.6M to transform canola seeds into plant-based ingredients

Netherlands-based Cano-ela, a foodtech company, has secured €1.6M in funding with support from existing investor Oost NL and new investors Value Factory Ventures and Ecoseed. This round follows Cano-ela’s previous investments that allowed the company to develop a proof-of-concept and strengthen its research and development efforts. Juliana Romero, co-founder and CEO of Cano-ela, says, “We ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/12/2025 06:00 EDT

Northzone and Seedcamp-backed Mimo raises €7.8M for its SMB financial management platform

London-based Mimo, a platform for global payments and financial management for SMBs and accountants, has raised $8.5M (nearly €7.8M) in new funding.  The round was led by Project A. Existing investors Northzone and Seedcamp also participated.  Mimo also formed an embedded funding partnership with Froda, an SMB financing provider, to offer UK SMEs over $125M ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 03/12/2025 04:14 EDT

Amsterdam’s nuclear startup Thorizon bags €20M: CEO Kiki Lauwers on building ‘walk-away safe’ molten salt reactor, regulatory challenges, and roadmap 2030

Amsterdam-based Thorizon, a deep-tech startup specialised in molten salt reactor technology, announced that it has secured €20M in funding. It includes €16M as the first tranche of its Series A round, led by the Dutch National Promotional Institution, Invest-NL, backed by an InvestEU guarantee from the European Commission for the research part, with strong backing ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/12/2025 01:38 EDT

Helsinki’s eBrands raises €7.5M: Co-founder Robin Bade AI-powered exports, scaling beyond Europe, and more

Helsinki-based eBrands, an export platform that helps consumer brands scale globally, announced that it has secured €7.5M in an equity funding round, bringing its total funding raised to €50M. The funding round was led by the Veikko Laine family office, Varma Mutual Pension Insurance Company, and operative shareholders. This new funding will help develop Apollo, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/12/2025 00:39 EDT

Amsterdam-based Carv acquires Tilburg’s Recrubo: Co-founder Matthijs Metzemaekers on AI-driven hiring, tackling work overload and ensuring fairness

Amsterdam-based Carv, an AI recruitment technology company, announced that it has acquired Recrubo, a conversational AI platform for recruitment. The announcement comes a few months after raising €9.18M in a seed round of funding.  “For the longest time, Recruitment teams have faced challenges in creating a seamless hiring journey from first engagement to hire. By ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/11/2025 10:28 EDT

Dublin-based Neuromod raises €10M to make tinnitus treatment more accessible

Dublin-based Neuromod, a medtech company, announced that it has secured €10M in equity financing in a Series B funding round. The financing was oversubscribed and was led by existing investors Fountain Healthcare Partners and Panakès Partners. Dr. Ross O’Neill PhD, Founder & CEO of Neuromod, says, “We are delighted to announce an oversubscribed financing at ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/11/2025 09:32 EDT

Antwerp-based Aloxy, an Internet of Things (IoT) company, announced that it has secured €7.4M capital from Dow Venture Capital, and Emerson Ventures. “The investment and partnership with Dow and Emerson will further accelerate the adoption of IIoT technologies and create unique opportunities to develop additional solutions that generate real value for the end user. The ... Read more Read more

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16.06.2026 03:19
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