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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 01/10/2025 07:24 EDT

UK’s Oxford Cancer Analytics secures €10.6M to develop blood tests for early lung cancer detection

Oxford Cancer Analytics (OXcan), a UK-based medtech company that develops blood tests for early cancer detection using proteomics and AI, has raised $11M (approximately €10.67M) in a Series A funding round.  The funding will support the development and global commercialisation of OXcan’s next-generation minimally invasive liquid biopsy blood tests for early lung cancer detection. Investors ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 01/10/2025 06:23 EDT

Amsterdam-based Leyden Labs secures €68M; acquires Singapore-based CoV Biotechnology 

Amsterdam-based Leyden Labs, a platform working to free people from the threat of respiratory viruses, announced Thursday that it has raised $70M (approximately €68M) in funding. The funding round was co-led by ClavystBio and Polaris Partners, with participation from Qiming Venture Partners and continued backing from existing investors, including GV (Google Ventures) and Casdin Capital, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 01/10/2025 04:50 EDT

Amsterdam-based biotech company uniQure sets this share price for €73M public offering: Know more 

Amsterdam-based uniQure, a biotechnology company specialising in human gene-based therapies, recently announced its public offering of 4,411,764 ordinary shares at $17.00 per share. The expected gross proceeds are around $75M (approximately €73M), before fees and expenses. All shares will be sold by uniQure, which has also given underwriters a 30-day option to purchase an additional ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 01/10/2025 04:36 EDT

Hycamite secures €44M to scale up clean hydrogen and carbon production in Finland

Finland-based Hycamite, a company that produces low-carbon hydrogen and carbon products by splitting methane, announced that it has secured €44M in a two-step series A investment from strategic and financial investors. The second part of the series was closed to start operations of the company’s industrial-scale demonstration unit.  Sojitz Group led the round with existing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/10/2025 03:18 EDT

Austrian pet tech startup HelloBello secures €4M to accelerate its growth in Germany and Switzerland

On Thursday, Wien, Austria-based HelloBello, a pet tech company that offers freshly cooked, individually tailored meals, announced that it has secured €4M in a Series A funding round. The investors include well-known entrepreneurs such as Michael Hurnaus (founder of Tractive), Johann Hansmann, and Hans Peter Haselsteiner. Additionally, the Austrian startup is now supported by the ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/10/2025 02:27 EDT

Dékuple expands in Europe by acquiring majority stakes in Amsterdam’s Selmore and Rotterdam’s DotControl

Dékuple Group, a European data marketing and communications company, has acquired a majority stake in Amsterdam’s creative agency Selmore and Rotterdam’s digital agency DotControl. The integration of two new entities into Dékuple’s multi-entrepreneur model supports its strategy to expand in Europe and broaden its expertise to serve international clients.  The partnership aligns with Dékuple’s objective ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/09/2025 09:14 EDT

London-based Verdiva Bio launches with €398.4M to challenge Ozempic’s reign in obesity treatment

On Thursday, London-based Verdiva Bio Limited, a clinical-stage biopharmaceutical company, announced its launch to focus on developing innovative therapies for obesity and other cardiometabolic disorders. The company also announced that it has secured $411M (approximately €398.4M) in an oversubscribed Series A funding round co-led by Forbion and General Atlantic. Other investors, including RA Capital Management, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/09/2025 08:10 EDT

Belgium’s Smartfin closes third growth fund at €250M with EIF backing: Know more 

Brussels-based Smartfin, a venture and growth capital investor, on Thursday, announced that it has closed its third growth fund — Smartfin Capital III at €250M, bringing the total investment commitments to over €600M. This fund marks an important milestone for the firm, featuring initial participation from the European Investment Fund (EIF) through its ESCALAR program. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/09/2025 06:49 EDT

Rotterdam’s FuelFWD raises funds to boost digital solutions for renewable fuels sector and drive energy transition

Rotterdam-based FuelFWD, a startup focused on digital solutions for the renewable fuels sector, has completed a seed investment round led by Value Factory Ventures. The round also saw continued support from Docklab Ventures and the Port of Rotterdam, who are investing in FuelFWD for the second time. Johan van Heusden, CFO of Value Factory Ventures, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/09/2025 06:48 EDT

On Friday,  Leuven, Belgium-based Capricorn Partners, announced the first close of its Capricorn Health-tech Fund II at €51M to support innovative health technology startups. This fund invests in healthcare innovators across digital health and medtech, enhancing personalised and value-based healthcare throughout Europe. Out of the total, Amsterdam-based Invest-NL, a national financing and development institution, announced ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/09/2025 05:09 EDT

Ireland’s XOCEAN secures €115M to offer a safe, economical, and carbon-neutral solution to ocean data delivery

Ireland-based XOCEAN, a provider of ocean data for the offshore energy and civil hydrography sectors, has secured €115M in funding to support its global expansion.  The funding round was structured in partnership with S2G Ventures and included contributions from S2G, Climate Investment, Morgan Stanley’s 1GT fund, and an affiliate of CC Industries. Dr. Francis O’Sullivan, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/09/2025 04:35 EDT

On Thursday, Enschede, the Netherlands-based Bizzdesign, a global enterprise architecture software company, announced the acquisition of Alfabet from Software GmbH. Alfabet is a business transformation platform specialising in Enterprise Architecture (EA) and Strategic Portfolio Management (SPM). More than 350 customers in over 40 countries use the company’s products to plan and manage business and IT ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/09/2025 02:45 EDT

Visma acquires Utrecht-based Your Next Concepts to boost educational software solutions

Norway’s Visma has acquired Utrecht-based software company Your Next Concepts, known for its products SQill, EduTasQ, and Academy Attendance. Visma BV acquired all activities of Your Next Concepts. Neither company has disclosed the financial details of the agreement. Your Next Concepts will join Visma Advitrae-Xedule, a division of Visma BV specialising in software solutions for ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/09/2025 02:25 EDT

Dutch startup Hypersoniq raises €1.1M to tackle industrial wastewater challenges

On Wednesday, Delft-based Hypersoniq, an electrochemical sensor technology company, announced that it has secured €1.1M in seed funding round. The funding consortium includes Impact Investor VP Capital and the Thematic Technology Transfer funds of Smart Industries and Netherlands Enabling Water Technology (NEW). Fund utilisation The company will use the funding to advance the development and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/08/2025 09:15 EDT

Belgium’s Hyperfox secures €3.2M to help businesses automate order processing using AI

Limburg, Belgium-based Hyperfox, a startup that automates order processing with AI, announced that it has raised €3.2M in seed funding round.   Investors, including Volta Ventures, JK Invest, LRM, and Birdhouse Ventures, joined the funding round. The announcement comes a year after receiving an investment from Birdhouse Ventures and participating in the Birdhouse programme. Additionally, VLAIO ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/08/2025 07:54 EDT

Dublin-based Nomupay, an end-to-end payment platform for expansion into regions of high cross-border and e-commerce growth, announced that it has completed a third investment round of $37M (approximately €36M). The final $12M (approximately €11.6M) tranche of the September fundraiser was led by Amsterdam-based Endeit Capital, with Uneti Ventures (backed by early Adyen employees) participating. Existing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/08/2025 06:06 EDT

Meta has announced changes to its content management and moderation policies, aiming to balance free expression and responsible enforcement on its platforms.  The announcement comes as Donald J Trump is set to assume the presidency for the second time. Notably, Meta also donated around $1M last year to support Trump’s inauguration.  Starting in the United ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/08/2025 06:01 EDT

Swedish heat-pump company Qvantum raises €108M to expand production and grow across Europe

Åstorp-based Qvantum, a Swedish heat-pump systems and technology company, has closed its €108M Series C funding round, which includes a €15M debt facility. The investors include Thomas von Koch, Partner and former CEO of EQT, who is investing through his private company, IMAS Foundation. IMAS Foundation is a sister organisation to the INGKA Foundation, which ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/08/2025 03:48 EDT

On Tuesday, Amsterdam-based Bird, a global communication platform, published its first-ever Shareholder letter for 2024. The announcement was made by Robert Vis, founder & CEO at Bird, through a LinkedIn post. “Reflecting on the past 3 years, I can only describe as excruciating pain. Not only in the sheer hard work it took but the ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/08/2025 03:23 EDT

Dutch-based UnameIT secures funding to boost automotive software solutions in Benelux region

Utrecht-based UnameIT, a provider of automotive software solutions, has secured new funding from Main Capital Partners (Main). The amount, however, remains undisclosed. This investment represents Main’s entry into the automotive software market. Main Capital Partners is a software investor managing private equity funds in the Benelux, DACH, Nordics, and the US, with €6B in assets ... Read more Read more ›

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16.06.2026 13:52
Last update: 13:45 EDT.
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