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Vigneshwar Ravichandran @ Silicon Canals · 01/02/2025 09:15 EDT

As we enter 2025, now is the perfect time to take charge of your career. If you have been dreaming of working in one of Europe’s most innovative and vibrant cities, Amsterdam should be on your radar. The Netherlands’ capital city is home to 1,219 startups, representing about 45 per cent of the Netherlands’ total ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 01/02/2025 05:53 EDT

Ebusco, a Netherlands-based motor vehicle manufacturer, has submitted a request to the Netherlands Employees Insurance Agency (UWV) and informed trade unions about its plans to restructure, impacting 102 Full-Time Equivalents (FTEs), or nearly 16.5 per cent of its workforce as of September 30, 2024. The affected positions are primarily in the production, warehouse, and facility ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/02/2025 02:57 EDT

Germany-based Volocopter, an urban air mobility company that develops eco-friendly air taxis to transport people, announced its application to open insolvency proceedings at the Karlsruhe Local Court on 26 December 2024. The Karlsruhe Local Court began the provisional insolvency administration the following day and appointed Tobias Wahl, partner, and attorney at Anchor Rechtsanwältegesellschaft mbH, as ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 01/02/2025 02:05 EDT

Amsterdam-based Ver.iD, a SaaS platform specialising in digital identity verification, has secured €2M in an angel round of funding.  The company plans to launch a €4M funding round to support its European expansion. The recent funding comes from a group of prominent angel investors. Ver.iD: Reinventing verification The introduction of eIDAS 2.0, the updated European ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 12/31/2024 07:51 EDT

New Kids on the Block: Amsterdam startups launched in 2024 and looking to make waves in 2025

Amsterdam’s thriving entrepreneurial ecosystem has once again proven its ability to nurture innovation, with a wave of startups launched in 2024 already poised to make a significant impact in 2025.  From AI-driven solutions and sustainability initiatives to transformative financial tools and cutting-edge robotics, these emerging ventures are tackling challenges across industries with creativity and determination. ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 12/31/2024 03:37 EDT

Belgium-based Ambassify, an Employee Advocacy platform, has acquired Social Seeder, a key player in the local market. Employee Advocacy and Employer Branding are becoming strategic investments that contribute to business success. Companies focusing on these areas aim to grow, scale, and maintain a competitive edge.  Ambassify has acquired and merged with Social Seeder to strengthen ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 12/31/2024 02:15 EDT

Dutch sports team attendance app Teamy welcomes investor Chris Stam, aims for international growth in 2025

Groningen-based Teamy, a sports team attendance app, announced that it entered a new phase of growth at the end of 2024 by partnering with investor Chris Stam.  This collaboration has enhanced the app’s scalability and established a solid foundation for its international expansion. Chris Stam’s expertise has played a crucial role in advancing the development ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/30/2024 08:46 EDT

Tech Takeovers: Rotterdam’s most talked-about startup acquisitions of 2024

The Dutch startup ecosystem continues to captivate international attention. According to the State of Dutch Tech 2024 report, acquisitions in the Dutch startup ecosystem saw a notable increase in 2023, with 63 per cent of Dutch startups and scale-ups being acquired by non-Dutch companies.  This highlights the strong global interest in Dutch innovation, despite challenges ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/30/2024 05:19 EDT

Amsterdam-based startups that raised funding in December: 7 of them are hiring right now

Amsterdam, the capital of the Netherlands, has solidified its position as a leading startup hub.  The city is home to 1,219 startups, representing about 45 per cent of the Netherlands’ total startups. It remains the highest-ranked startup ecosystem in the country.  While Amsterdam dropped one spot in the global ranking in the 2024 Global Startup ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 12/30/2024 02:07 EDT

Dutch-based Odd.Bot raises €2M to promote chemical-free weeding with its autonomous robots

Netherlands-based Odd.Bot, a startup focused on autonomous agricultural robots, has secured €2M in growth capital during a pre-series A funding round. The investment was led by Iconic Ventures, with additional contributions from PolKa Capital Management, regional farmers, private investors, and Horizon, the development agency of Flevoland. In a statement translated from Dutch, Dirk Kronemeijer, partner ... Read more Read more

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Silicon Canals
Editorial team @ Silicon Canals 1 place · 12/27/2024 10:03 EDT

Tech Takeovers: Amsterdam’s most talked-about startup acquisitions of 2024

The Dutch startup ecosystem continues to captivate international attention. The State of Dutch Tech 2024 report reveals that in 2023, acquisitions in the Dutch startup ecosystem saw a notable increase, with 63 per cent of Dutch startups and scale-ups being acquired by non-Dutch companies. This shows that international companies are still very interested in Dutch ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 12/26/2024 08:48 EDT

These companies raised the 10 biggest Nordic funding rounds in 2024; 9 of them are hiring right now

The Nordic startup ecosystem has experienced growth and is now valued at $552B—16 times its worth a decade ago, according to the Nordic Innovation report. With 82 unicorns in 2024, up from just 9 in 2014, the region has become a global innovation hub. Nordic startups have raised $3.8B in VC funding this year, with ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 12/26/2024 06:59 EDT

Europe has been the hotbed of innovation for years, shaping ideas and industries globally. Each year, tech conferences across the continent continue to grow, offering a platform for professionals, entrepreneurs, and enthusiasts to exchange knowledge, network, and explore the latest trends.   For 2025, the lineup of European tech conferences promises to be more exciting than ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 12/26/2024 03:23 EDT

Munich-based electric air taxi startup Lilium, which recently ceased operations and laid off 1,000 employees, is set to restructure with new investor backing. The layoff was reported by Gründerszene, with co-founder Patrick Nathen confirming the shutdown on LinkedIn. Lilium, which raised over $1B before going public, is now set to restructure with new backing. A ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 12/24/2024 05:59 EDT

Based out of Amsterdam, Wizenoze, a developer of an online education platform, has been declared bankrupt by the court in Amsterdam on 23-12-2024.  Lack of funding, generative AI, and more According to co-founder Diane Janknegt, Wizenoze was doing well and needed funding for product development. They secured an agreement with an investor, but when they ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 12/24/2024 03:07 EDT

Amsterdam-based Prosus to acquire Latin American travel agency Despegar for €1.6B: Know more

Amsterdam-based Prosus, a global consumer internet group, on Monday, announced that it is set to acquire Despegar, a Latin American Online Travel Agency (OTA), for $19.50 per share, totalling $1.7B (approximately €1.6B).  This offer represents a 33 per cent premium over Despegar’s closing share price as of December 20, 2024, and a 34 per cent ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 12/23/2024 09:38 EDT

Lithuania is proving to be an attractive destination for both entrepreneurs and investors alike. There are over 1,000 startups and tech companies in the country, providing jobs for more than 18,700 people. By mid-December, Lithuanian startups had raised €86M this year through 38 deals, according to the report. Although the number of deals increased by ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/23/2024 08:38 EDT

Groningen’s Future Tech Ventures invests €350K in IonIQs to extract lithium from wastewater: Know more

On Monday, Groningen-based Future Tech Ventures (FTV), announced that it has invested €350K in IonIQs, a startup from Groningen that has developed a sustainable technology to efficiently filter lithium from wastewater. The announcement comes over two months after Future Tech Ventures made its debut with €20M proof-of-concept fund to back 50 Northern Netherlands startups. Lithium ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/23/2024 07:57 EDT

The “State of Dutch Tech 2024” report highlights the growth of deep tech companies in the Netherlands, with investments increasing by 14 per cent from 2022 to 2023. This rise is driven by university spin-offs and research institutes, though scaling challenges remain. Over the past five years, deep tech venture capital (VC) investments have grown ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 12/23/2024 06:23 EDT

Amstelveen-based GIGA Storage, an energy company that develops and deploys large-scale energy storage projects, announced the promotions of Kevin Dijkers to new CEO and Animesh Ranjan to Chief Investment Officer. Kevin Dijkers, says, “I am thrilled by the challenges and opportunities ahead and am fully committed to driving the company’s continued growth. I recognise the ... Read more Read more

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