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Vishal Singh @ Silicon Canals · 03/04/2025 05:45 EDT

Munich-based Radical Dot raises €2.7M to turn plastic waste into valuable chemicals: Here’s how

Munich-based Radical Dot, a climate deeptech startup focused on chemical recycling technology, has closed a €2.7M pre-Seed funding round. Alexandre Kremer, co-founder and COO of Radical Dot, says, “Having witnessed the devastating impacts of plastic pollution firsthand while building waste management infrastructure in Indonesia as part of Project STOP, I have dedicated my career to ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/04/2025 04:54 EDT

Paris-based Sofinnova Partners raises €1.2B, surpasses €4B in AUM

Paris-based Sofinnova Partners, a European venture capital firm in life sciences, has raised €1.2B over the past year, with more than €1B secured in the last quarter. This brings the firm’s total assets under management (AUM) to over €4B. However, additional details about the individual funds will be shared after their final closings. The VC’s ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/04/2025 04:31 EDT

Vilnius, Lithuania-based myTU, an AI-powered and cloud-first digital bank, has secured €10M in an oversubscribed Series A funding round, surpassing its initial €9M target. The round was completed by existing shareholders increasing their stakes and two new strategic investors, both long-term business partners of myTU. The latest funding round values myTU at over €35M.  The ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 03/04/2025 04:06 EDT

Malmo-based Bookboost, a hospitality CRM platform, has secured €3.6M in its latest funding round led by Espoo-based Vendep Capital. Sami Ahvenniemi, General Partner at Vendep Capital, says, “We’ve been engaging with Bookboost for a long time, witnessing its impressive growth, ability to attract top talent, and expand its product and go-to-market strategy. Over time, we ... Read more Read more ›

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

London-based Lenkie secures €59M to help SMEs with instant working capital: Know more

London-based Lenkie, a transaction-based cashflow management platform, has secured £49M (approximately €59M) in a Series A funding round led by a large US private credit fund focussed on supporting lenders internationally.  The funding round includes £4M (approximately €4.8M) in equity and a £45M (approximately €54M) in debt facility. Lenkie: Unlocking instant working capital Founded in ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 03/04/2025 02:52 EDT

Delft-based QuantWare, a company that develops technology for quantum processors, has secured €20M in a Series A funding round. The investment was co-led by Invest-NL Deep Tech Fund and Innovation Quarter, with participation from EIC Fund and existing investors FORWARD.one, Graduate Entrepreneur Fund, and QDNL Participations. Job van der Voort, founder and CEO of Remote.com, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/03/2025 08:32 EDT

Growth investing and secondaries in the spotlight ahead of private equity and venture capital conference in Amsterdam

The 0100 Europe is set to return to Amsterdam from April 2-4, 2024, bringing together 700 LPs, GPs, and SPs from the global private equity and venture capital industry. Organised by Zero One Hundred Conferences, this premier event offers an exclusive platform for top investors and industry leaders to connect and discuss emerging trends, investment ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/03/2025 07:57 EDT

Amsterdam’s ticketing platform Eventix merges with Weezevent; rebrands as Weeztix

Amsterdam’s Eventix has announced a merger with France-based Weezevent, marking a new phase for the ticketing platform. As part of this transition, Eventix will now operate under the name Weeztix. The company, which started as a local startup, has grown into an international ticketing platform over the past decade. The merger aligns with its goal ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/03/2025 07:31 EDT

The Hague-based Invest International launches new fund to secure critical raw materials for the Netherlands

The Hague-based Invest International, an impact investor, announced plans to establish a public-private investment fund to reduce Dutch and European dependence on critical raw materials. The announcement was made by Lara Muller, Director of New Business at Invest International, during the Mineral Exploration and Mining Convention (PDAC Convention) in Toronto. Reinette Klever, the Dutch Minister ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/03/2025 06:19 EDT

Paris-based Faks raises €6M from Speedinvest, Seedcamp, others; will double its R&D team

Paris-based Faks has raised €6M in a funding round led by Speedinvest, with participation from Connect Ventures, Seedcamp, and FJ Labs. The investment will support the growth of its tech team, the development of new products and features, and its expansion across Europe. The French startup operates a B2B platform for the pharmaceutical sector, connecting ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/03/2025 05:54 EDT

Rotterdam-based Avery raises €300K to help businesses fix recruitment problem: Here’s how

Rotterdam-based Avery, an AI-powered hiring intelligence platform, has secured €300K in a pre-seed funding round from Builders Startup Studio. The Dutch company will use the funds to accelerate its expansion across Europe’s high-growth markets, starting in the Netherlands and expanding to the UK, Ireland, and DACH regions. Currently, the company targets organisations with 200-1000 employees ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/03/2025 03:42 EDT

Amsterdam’s AI startup Lemni launches with €3.3M pre-seed funding led by Sequoia

Amsterdam-based Lemni, a startup specialised in developing AI-powered customer experience platforms, has officially launched and announced it has raised $3.5M (approximately €3.3M) in a pre-seed funding round led by Sequoia. Based out of California, Sequoia Capital is a VC firm that invests in startups in the energy, financial, enterprise, healthcare, internet, and mobile industries. “Building ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/03/2025 02:44 EDT

Finland’s Skyfora raises €4M to turn cell towers into high-resolution weather sensors; here’s why

Skyfora, a Helsinki-based company specialising in AI-powered weather technology, has secured €4M in a funding round.  Danish VC firm Ugly Duckling Ventures and Dutch-based LUMO Labs led the investment, which was also participated in by Voima Ventures and the EIC Fund. Linn-Cecilie Linnemann, Partner at LUMO Labs, says, “Skyfora’s ability to provide critical weather data ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 03/01/2025 04:11 EDT

Amid major funding rounds and acquisitions, several important startup developments may have gone unnoticed. From AI-driven sustainability platforms and biotech breakthroughs to advancements in VFX automation and 3D commerce, this week saw a range of companies securing investments and expanding their technologies. Here’s a quick roundup of funding announcements and acquisitions shaping industries across Europe. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 02/28/2025 04:13 EDT

Belgian firm 4Tissue raises €1.5M to advance bioresorbable hydrogel for breast reconstruction

Ghent-based 4Tissue, an innovation-led research and clinical development organisation, has secured an additional €1.5M in funding. The funding round was secured through a combination of €1M equity investments from strategic investors and grants. The Belgian company will use the funds to further develop its bioresorbable hydrogel technology, which has the potential to significantly improve breast ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 02/28/2025 03:53 EDT

Tallinn-based Pointship has raised $1.9M (approximately €1.82M) in a funding round with participation from investors based in Turkey, Dubai, and London. The round also included a follow-on investment from Startup Wise Guys, a European accelerator fund. The funding will support the company’s efforts to enhance its platform and expand its services. Digital assets marketplace Pointship ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 02/28/2025 03:12 EDT

AI is everywhere! This ubiquitous technology is powering the apps we use daily, optimising drug development, personalising content, and now, transforming financial management. As AI continues to reshape industries, accounting is no exception. Managing finances while building a business creates a frustrating choice for entrepreneurs — spend valuable time on bookkeeping or pay expensive accountants ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 02/28/2025 03:07 EDT

Oslo-based Kvist, a tech company helping the construction and real estate sectors plan, improve, and report on sustainability performance, has raised €1.3M in funding from both new and existing investors. Among the new investors is Kiilto Ventures, part of the Kiilto Family Group.  The Norwegian company also secured continued backing from current investors such as ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/28/2025 01:47 EDT

Zurich-based fintech AMNIS Treasury Services (amnis) has completed its Series B funding round, securing CHF 10M (approximately €10.70M) to support its growth. The round was led by Swisscom Ventures, with participation from existing investors, including Lansdowne. The round also includes a CHF 2M non-dilutive debt agreement with Swiss growth capital investor Lendity. This funding structure ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 02/28/2025 01:44 EDT

Spain’s Cafler raises €10.5M: reportedly plans to raise more by year-end 

Barcelona-based Cafler, an all-in-one marketplace platform for car owners, has secured $11M (approximately €10.5M) in a Series A funding round, bringing the total funding raised to over $20M (approximately €19.2M). The round was led by the San Francisco-based Copec Wind Fund, with participation from Alumni Ventures AI Fund, Güil Mobility Ventures, and Plug and Play ... Read more Read more ›

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