Cologne-based Vytal, a German provider of smart reusable packaging solutions, has raised €14.2M in growth funding to expand internationally. Vytal has raised €8M from Prague-based Inven Capital, a climate tech fund, and NRW.Venture, the venture capital fund of NRW.BANK, bringing its total recent funding to €14.2M. Existing investors, including Emerald Technology Ventures, Grazia Equity, Kiko, ... Read more Read more ›
21
Espoo, Finland-based GoByBike has secured €125M loan financing arrangement from Castlelake and senior lead arranger Santander CIB. The funding will help Gobybike provide bike-sharing services to more employers and employees in Finland. The Finnish company sees this as an important step toward its goal of promoting a healthier and more sustainable society in Finland—one bike ... Read more Read more ›
27
Amsterdam-based Juvoly, a company developing a proprietary speech model, announced that it has officially begun using Nvidia DGX B200 supercomputers to power its new AI model for speech recognition in the healthcare sector. The Nvidia DGX B200 systems are now up and running at NorthC’s data centre in Rotterdam. In addition to hosting Juvoly’s models, ... Read more Read more ›
6
Amsterdam-based ABN AMRO Sustainable Impact Fund (ABN AMRO SIF) and Dutch sustainable investment provider Meewind have sold their stake in OG Clean Fuels (OG) to London’s Pioneer Point Partners (Pioneer). Thijs Nijland of ABN AMRO Sustainable Impact Fund, says, “Our journey with OG Clean Fuels began with the ambition to establish a leading player in ... Read more Read more ›
17
Milan-based Lexroom.ai, an AI tech scale-up focused on the legal industry, has secured €2M in a seed round of funding. The proceeds will support product development and talent recruitment as the Italian company builds an AI team in Europe and expands into other markets. Belgian B2B SaaS investment firm Entourage led the round. Other investors ... Read more Read more ›
0
Utrecht-based Achmea, a financial company that provides insurance, mortgages, savings, and investments, has announced an acceleration partnership with the Amsterdam-based The Micro Habit Company. Achmea’s Innovation Hub aims to find key challenges in Dutch society and create new businesses that make a positive impact. “The Micro Habit Company has built an effective and scalable digital ... Read more Read more ›
20
London-based International Airlines Group (IAG), one of the world’s largest airline groups, announced its plans to invest up to €200M over five years in promising companies through its new venture arm — IAGi Ventures. This investment, planned over five years, is set to be one of the largest investments of its kind globally and the ... Read more Read more ›
1
Groningen-based Cortalix, a Dutch biotech startup, has raised €1M in funding from Future Tech Ventures, the Rabobank Innovation Loan, and various subsidies. With this investment, Future Tech Ventures has now added its sixth startup to its portfolio. The investment event took place last week at the Zernike Campus, where Cortalix operates in Innolab Agrifood. Cortalix ... Read more Read more ›
20
Helsinki-based Valo Therapeutics Oy, a developer of novel immunotherapies in cancer and infectious disease, has secured €19M in funding, part of which was raised in Europe and Australia. A €13M investment round was co-led by Indaco Venture Partners and CDP Venture Capital SGR, with support from Fondazione ENEA Tech e Biomedical. This follows a €6M ... Read more Read more ›
42
North Brabant-based CM.com, a provider of conversational commerce, announced that it has acquired Amsterdam-based GUTS Tickets, a blockchain ticketing company. With the acquisition, CM.com offers its customers access to a smart ticketing system that uses blockchain technology and dynamic QR codes. “This blockchain technology provides a solution to the biggest challenges in the ticketing market: ... Read more Read more ›
19
Rotterdam-based Xycle, a chemical recycling company, has secured financing through a combination of equity investment from a consortium of investors; Dow, ING, Invest-NL (partly covered by InvestEU) and Vopak, and senior debt from Polestar Capital. The Dutch company will use the funds to accelerate the construction of a flagship recycling facility, located in the Port ... Read more Read more ›
0
Stockholm-based Alight, a solar developer and independent power producer, has secured €46M in a facility agreement with banks ABN AMRO and SEB. The agreement will provide a framework for financing the construction and operation of more than 300 MWp of solar parks in Finland. As part of the deal, Alight secured the senior debt financing ... Read more Read more ›
21
Amid numerous funding rounds, acquisitions, and innovation announcements, it’s easy to overlook some of the quieter, yet equally important stories that made waves this week. To help you stay in the loop, we at Silicon Canals have rounded up a list of news that we missed as part of our “In Other News This Week” ... Read more Read more ›
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In today’s fast-changing market, understanding customers quickly and accurately is more important than ever. Traditional research methods are often slow, expensive, and difficult to scale, leaving many companies with incomplete insights—or none at all. But what if there was a smarter way? In this edition of “AI tool for the week,” we spotlight an AI ... Read more Read more ›
0
On International Women’s Day, Amsterdam’s Equals, a firm that focuses on empowering and supporting women’s career growth, is launching the 2025 Role Model Campaign. It highlights 130 women across 13 cities to promote authentic representation in leadership. The campaign emphasises confidence and ambition, aiming to reshape how industries recognise talent. With women making up only ... Read more Read more ›
18
Munich-based IDnow, an identity verification platform provider, announced that it has been acquired by the New York-based private equity firm Corsair Capital for an all-cash deal of $295M (approximately €273M). With this transaction, Corsair will acquire a majority stake in the Company from existing shareholders. The US equity firm, which owned 43 per cent of ... Read more Read more ›
0
Tel-Aviv-based EcoMotion, a mobility ecosystem platform, announced that it has acquired Dutch company Brekr. Brekr is a Gelderland-based company that makes electric mopeds and e-bikes. Their designs, created in Doetinchem, mix retro and modern styles with a focus on simplicity and functionality. The products are assembled in Cuijk, using social workplaces to promote a responsible ... Read more Read more ›
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Amsterdam-based Photanol BV, a biotech company specialising in CO2-to-chemical conversion, has filed for bankruptcy due to financing challenges. The court of Amsterdam appointed Els Doornhein of De Vos & Partners as the trustee. Jeroen van Harten, CEO of Photanol, says, “We want to express our profound gratitude to our dedicated employees, whose tireless efforts brought ... Read more Read more ›
4
Amsterdam-based Moonwatt, a company building solar-only energy storage systems using sodium-ion batteries, has secured $8.3M (approximately €7.6M) in funding in a Seed round. The seed round is co-led by Daphni and LEA Partners, with participation from Founders Future, AFI Ventures (by Ventech), and Kima Ventures, alongside strategic business angels and customers. The Dutch company will ... Read more Read more ›
2
Eindhoven-based Axelera AI, a company specialising in AI hardware acceleration technology, has secured up to €61.6M in funding from the EuroHPC Joint Undertaking (JU) and member states under the DARE Project. The EuroHPC JU was created to build, expand, and maintain a unified supercomputing and quantum computing infrastructure to support a competitive high-performance computing ecosystem. ... Read more Read more ›
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16.06.2026 03:20
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