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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 02/11/2025 04:01 EDT

Milan-based Akamas lands €9.7M: Co-founder and CEO Luca Forni on AI-driven cloud optimisation, US expansion, and more 

On Tuesday, Milan-based Akamas, a company specialising in AI-driven cloud optimisation, announced that it has secured $10M (approximately €9.7M) in its first institutional funding led by United Ventures. Based out of Milan, United Ventures is one of Italy’s largest venture capital firms that supports entrepreneurs ready to develop innovative products and technologies. The VC provides ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/11/2025 03:00 EDT

Zurich-based ETFbook, a data and analytics platform for the exchange-traded funds (ETF) market, has secured €4M in a Series A funding round. BlackFin Capital Partners led the investment. The Swiss startup offers a comprehensive data and analytics platform through a web application and APIs. Besides Zurich, the company also operates in major European financial hubs ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 02/11/2025 00:56 EDT

Madrid-based Libeen secures €25M: Founders José Manuel Cartes and Sofía Iturbe discuss smart housing, AI, and expansion

On Tuesday, Madrid-based Libeen, a startup specialised in the smart-housing model, announced that it has secured €25M in a funding round led by Andbank (through MyInvestor and Actyus). Cusp Capital, a venture capital firm focused on European software and technology, also participated in the funding round. Other reputed figures including, Íñigo Juantegui (co-founder of La ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/10/2025 08:20 EDT

German car subscription platform FINN secures up to €1B to accelerate fleet expansion

Munich-based FINN, a car subscription platform, has announced the closing of a new Asset-backed Security (ABS) financing programme, ‘ABS II’, with a volume of up to €1B. ABS is a financing method where debt is secured by a company’s vehicle fleet. FINN will use its new ABS II programme to acquire more vehicles, reinforcing its ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/10/2025 06:52 EDT

Stockholm’s ReCarber raises €5.1M to remove CO2 on a gigaton scale; here’s how

Stockholm-based carbon removal company ReCarber has raised €5.1M (SEK 60M) in its first funding round. The investment was led by Luminar Ventures, Spintop Ventures, and Course Corrected. The company aims to accelerate the deployment of scalable carbon removal solutions in line with Swedish and global climate targets. ReCarber mentions in a LinkedIn post that with ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 02/10/2025 05:53 EDT

Rotterdam-based Nearfield Instruments, a provider of advanced metrology and inspection solutions for the semiconductor industry, has established its US subsidiary, Nearfield Instruments USA Inc. The expansion aims to enhance the company’s presence in North America, improve customer support, and drive the adoption of its metrology technologies in the region. Nearfield Instruments’ US subsidiary follows the ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 02/10/2025 04:48 EDT

Amsterdam-based Dispatch, a developer of battery energy storage systems, announced the launch of its latest bond loan via investment platform Zonhub. Based out of Amsterdam, Zonhub is a financial service provider specialising in sustainable energy projects.  The platform offers stable and safe investments in European sustainable energy projects.  Fund utilisation With this investment, investors can ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 02/10/2025 02:31 EDT

Amsterdam-baaed Hivello, an all-in-one decentralised infrastructure aggregator, announced that Animoca Brands, the company driving digital property rights to help build the open metaverse, is leading its current funding round. Hivello aggregates decentralised physical infrastructure networks (DePIN) projects that allow users to monetise idle computer resources across multiple decentralised networks. Domenic Carosa, co-founder and chairman of ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 02/08/2025 03:56 EDT

In other news this week: Wealthon raises €115.5M, Roadsurfer bags €30M, Amsterdam’s SemperPower is now Return, and more

The technology world moves fast, at times too fast and it is tough to keep up. Every week, there’s a flood of funding rounds, acquisitions, product launches, and breakthrough innovations. While some news headlines dominate the news cycle, while others quietly slip through the cracks. So, instead of letting these news’ go unnoticed, we’ve rounded ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 02/07/2025 08:15 EDT

Toulouse, France-based REEV, a medtech startup developing intelligent, lightweight wearable robotics, announced that it has raised a $9.2M (approximately €8.8M) funding round. The latest funding round was led by Newfund Heka, Polytechnique Ventures, and Irdi Capital, with additional support from Techstars and a group of business angels and healthcare operators. Newfund is an early-stage VC ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 02/07/2025 08:08 EDT

Leipzig-based CargoBeamer, a German logistics and intermodal terminal operator, has secured up to €65M in equity and debt financing from Orion Infrastructure Capital (OIC).  This funding follows €50M from an existing shareholder and €90M in grants from the German and Swiss transport authorities in 2024.  In total, the company has raised €205M over the past ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 02/07/2025 07:33 EDT

On Thursday, North Brabant-based CM.com, a provider of conversational commerce, announced Halo, an Agentic AI Platform.  With this move, the Dutch company aims to significantly change the work of every job with a computer. The “AI Tool of the Week” series Dear readers welcome to our new series, “AI Tool of the Week,” where we ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 02/07/2025 05:32 EDT

England’s VC firm Haatch secures €11.9M to fuel UK’s pre-seed B2B SaaS founders

Stamford-based venture capital firm Haatch has secured an additional £10M (approximately €11.98M) investment from British Business Investments (BBI). Adam Kelly, MD at British Business Investments, adds, “We are pleased to continue our support with a new commitment of £10M, taking our investment to £20M.” “Our Regional Angels Programme is designed to address imbalances in access ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 02/07/2025 02:39 EDT

TNO backs Equal1 to boost Dutch quantum hub; Irish quantum startup will establish itself in Delft

Dutch independent research organisation TNO has announced its investment in the Irish quantum startup Equal1, marking the first time it has directly funded a non-TNO spin-off. The investment amount, however, remains undisclosed. This move reinforces the Netherlands’ position as a global quantum hub and aligns with the National Technology Strategy. In addition to financial support, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 02/07/2025 02:38 EDT

Rho Labs, the developer of Rho Protocol, the world’s first cryptonative interest rates market, announced that it has secured $4M (approximately €3.8M) in a seed funding round led by CoinFund. Founded in 2015, CoinFund is a cryptonative investment firm. The company invests in seed, venture, and liquid opportunities within the blockchain sector with a focus ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 02/06/2025 08:46 EDT

What’s in a name: Co-founder Jordi Pagés on how Weecover is reinventing insurance with a name that says it all

“Names are the sweetest and most important sound in any language” – Dale Carnegie, an American writer and teacher What’s in a name? A “name” is often the first thing we notice (an identifier) be it an individual or a company. Historically, “name” holds a massive importance that can convey numerous aspects from cultural heritage, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/06/2025 06:41 EDT

Munich-based Avelios Medical, a provider of modern hospital information systems (HIS), has secured €30M in Series A funding intending to become the leading operating system for intelligent patient care. The funding round was led by Sequoia Capital, with the participation of existing investors Revent and HTGF – High-Tech Gründerfonds. Anas Biad, Partner at Sequoia Capital, ... Read more Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 02/06/2025 06:35 EDT

The election of Donald Trump as the 47th president of the United States promises to reshape the global order. However, so too are the effects of the election extending beyond geopolitics to the technological ecosystem – with the political climate driving U.S. entrepreneurs to relocate to Europe at an unprecedented pace.  It’s true that Trump ... Read more Read more

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Silicon Canals
Guest Contributor @ Silicon Canals 3 place · 02/06/2025 06:35 EDT

The election of Donald Trump as the 47th president of the United States promises to reshape the global order. However, so too are the effects of the election extending beyond geopolitics to the technological ecosystem – with the political climate driving US entrepreneurs to relocate to Europe at an unprecedented pace.  It’s true that Trump ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 02/06/2025 04:46 EDT

Munich-based ARX Robotics, a defence tech startup focused on unmanned autonomous land systems, announced the opening of a production facility for military robotic systems in the Munich metropolitan region. The facility enables ARX Robotics to manufacture autonomous military robotic systems at scale. Marc Wietfeld, co-founder and CEO of Arx Robotics, says, “The opening of our ... Read more Read more

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