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Guest Contributor @ Silicon Canals · 12/23/2024 05:45 EDT

While video games entertain billions of people worldwide, they also have a downside. The industry leaves a heavy ecological footprint: manufacturing and energy consumption make digital gaming alone contribute to 3.7% of global greenhouse emissions. ​​Environmental concerns aren’t the only problems: designed for fun and entertainment, game communities often become an arena for abuse and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/23/2024 03:33 EDT

Sweden’s Chromafora bags €22.5M from EIB to remove PFAS from water: Here’s how

Solna, Sweden-based Chromafora, an environmental technology company, announced that it has secured €22.5M in nondilutive financing from the European Investment Bank (EIB) The Swedish company will use the loan to advance a technology for removing per- and polyfluoroalkyl substances – or PFAS – from water. The credit from the EIB, the European Union’s lending arm, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 12/21/2024 04:00 EDT

In other news this week: AONIC gets €152M to design digital workplace, Akamis Bio secures  €86.2M to treat the solid tumor, Everfield acquires ondeso, and more

In today’s fast-paced world, where new innovations emerge constantly, it can be overwhelming to keep up with every significant update that has the potential to shape our future. As we approach the end of the week (from December 16th to December 20th), it’s a good time to catch up on some news stories that may ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 12/20/2024 09:00 EDT

German climate-tech unicorn 1KOMMA5° secures €150M in a pre-IPO funding round

Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, announced on Friday that it has secured €150M in a pre-IPO funding round. “The new funding will enable us to execute our mission and serve millions of homeowners to switch from fossil fuels towards cheaper and cleaner energy,” says Philipp ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 12/20/2024 06:29 EDT

Delft-based GEHECO, a company that aims to enable carbon-neutral heating in buildings, has secured €350,000 in funding from UNIIQ, a proof-of-concept investment fund for Zuid-Holland. The funding, part of the Early Phase Financing programme, will support the development of GEHECO’s drilling technology. This technology enables the installation of underground heat exchanger tubes in homes that ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 12/20/2024 05:14 EDT

Eindhoven-based chipmaker NXP to buy US-based automotive networking company Aviva Links for €233.1M: Know more

Eindhoven-based NXP Semiconductors, a global provider of automotive processing and networking solutions, has entered into a definitive agreement to acquire Aviva Links, a California-based company specialising in Automotive SerDes Alliance (ASA)-compliant in-vehicle connectivity solutions. The all-cash deal is valued at $242.5M (approximately €233.13M). The deal is expected to close in the first half of 2025. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 12/20/2024 03:49 EDT

After raising €71M, Finland’s Ōura secures €192M  at over $5.2B valuation: Know more

Oulu, Finland-based Oura, a company behind Oura Ring, on Thursday announced that it has secured $200M (approximately €192M) in Series D funding at a valuation of over $5.2B. The latest funding round was led by Fidelity Management & Research Company and Dexcom. The Finnish company will use the funds to expand its product offerings, fuel ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 12/20/2024 03:23 EDT

Dutch VC Capital Mills welcomes two new partners: Meet them here

Gorinchem, the Netherlands-based Capital Mills, a Dutch venture capital firm, announced the promotion of Barry de Kock, and René Delsing to partner. Barry de Kock (partner) says, “After almost 10 years at Capital Mills I am truly honored and keen to take on the role of managing partner. Despite the many milestones we have reached, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 12/20/2024 02:34 EDT

Eindhoven-based Sendcloud, a shipping platform for e-commerce, has acquired Rotterdam’s Lox, a company specialising in delivery issue management.  This acquisition aims to enhance Sendcloud’s ability to address global shipping challenges, particularly the complexities and costs associated with delivery issues. Aim of the acquisition Common problems such as lost, delayed, or damaged parcels significantly impact e-commerce ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/19/2024 09:55 EDT

Espoo, Finland-based ICEYE, a microsatellite manufacturer and operator, announced on Wednesday that it has secured $65M (approximately €62M) in extension to the existing growth round. The financing consists of a mix of debt and equity instruments. The announcement comes eight months after the company raised $93M (approximately €87M) in funding in April. The funding round ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/19/2024 09:18 EDT

Quantum startups have been making waves in the tech world for the past few years, and 2024 is no exception, particularly in the Netherlands. With the ability to solve complex problems in healthcare, logistics, and various other sectors, these startups are getting their deserved attention and funding from global investors. The potential for quantum computing ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/19/2024 06:28 EDT

Amsterdam’s marketing talent platform HelloMaaS to wind down operations despite being profitable

Amsterdam-based HelloMaaS, a marketing talent platform founded by Louise Doorn, will officially cease operations by December 2024.  The decision, made collaboratively with investors, follows six years of profitability and growth but acknowledges challenges in scaling due to market preferences for personal connections and shifting industry dynamics. Accomplishments of HelloMaaS HelloMaaS redefined how marketing teams work ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/19/2024 05:13 EDT

Despite facing several challenges, such as financial obstacles, limited access to resources, and much more, women’s entrepreneurship is growing globally. According to the Global Entrepreneurship Monitor (GEM) 2023/24 Women’s Entrepreneurship Report: Reshaping Economies and Communities, one in ten women, compared to one in eight men, were starting new businesses in 2023. The Netherlands has witnessed ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/19/2024 04:47 EDT

Munich’s VÆRIDION secures €14M to develop zero-emission electric Microliner; launches Dutch subsidiary

Munich-based VÆRIDION, an aircraft manufacturer developing a zero-emission electric Microliner, announced on Thursday that it has secured €14M in a Series A funding round in equity financing. The round was led by World Fund, Europe’s leading climate VC, with participation from Project A Ventures, Vsquared Ventures, Andreas Kupke, Schwarz Holding, and InnovationQuarter. The German company ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 12/19/2024 04:19 EDT

New Sources, a Euronext Amsterdam-listed impact investment company, has secured an additional €0.5M in financing to advance its renewable energy strategy. New Sources is dedicated to accelerating the energy transition towards net-zero emissions by investing in renewable energy production and technology companies. CEO, Leonard Vereecken says, “In addition to the considered large-scale green hydrogen project ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/19/2024 04:08 EDT

Dutch startup OWNER raises funding; launches real estate management app: Know more 

Emmen, Drenthe, the Netherlands-based OWNER, a real estate management provider, announced on Wednesday that it has secured an undisclosed investment to expand its operations nationally and internationally. The Dutch company has also announced the launch of its app, which will make managing and renting out real estate easier than ever. In addition to the funding, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 12/19/2024 03:39 EDT

These 10 Dutch companies raised the country’s biggest funding rounds in 2024; all are currently hiring

The Netherlands is making waves in the startup ecosystem, and 2024 is already shaping up to be a positive year for funding rounds. From tech companies to sustainability startups, Dutch businesses are drawing significant attention and investment from both local and international VCs. According to the Quarterly Startup Report, around €424M was invested in Dutch ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 12/19/2024 03:00 EDT

Amsterdam’s climate tech company Skytree acquires Dutch startup ReCarbn to enhance carbon removal solutions

Amsterdam-based Skytree, a climate tech company specialising in carbon utilisation and removal solutions, has acquired ReCarbn, a Dutch startup specialising in direct air capture (DAC) technology. ReCarbn, founded in 2022 as a spin-off from the University of Twente, has developed and commercialised patent-pending filtration and chemical sorbent circulation technologies. These innovations aim to reduce energy ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/18/2024 09:12 EDT

Eindhoven-based eLstar Dynamics, a developer of dynamic glass technology, has secured €10M in funding from an innovative top 100 Dutch company. The Dutch company is focused on developing smart glass solutions for buildings and automobiles, which will reduce waste and support the goal of net zero emissions. Before this round, eLstar Dynamics had raised a ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/18/2024 07:24 EDT

Meet the Amsterdam energy startups that raised €1M or more in 2024; 11 of them are hiring right now

Amsterdam is at the forefront of the global fight against climate change, leveraging its energy and cleantech sector to reduce reliance on fossil fuels and build a sustainable future. Ranked the world’s most sustainable city by Arcadis, Amsterdam excels in economic performance, social equity, and renewable energy innovation.  The city’s energy communities unite residents, businesses, ... Read more Read more ›

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