Belgian-American startup NOX Energy has raised $1M (approximately €952K) in funding to develop a platform that connects manufacturers of energy-efficient devices, like heat pumps, to the energy market. The startup aims to help these devices balance the electricity grid, supporting the advancement of the energy transition. With new funding led by Volve Capital and supported ... Read more Read more ›
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London-based Volume, a company specialised in Account-to-Account (A2A) payment solutions, announced that it has secured $6M (approximately €5.7M) in a funding round. The latest funding round was backed by United Ventures, Fabrick, Firstminute Capital, SeedX, and Haatch. The announcement comes as the UK company processed over $126M (approximately €120M) in annualised Gross Merchandise Value (GMV) ... Read more Read more ›
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San Francisco-based Databricks, a data and AI company, announced its Series J funding. It is raising $10B (approximately €9.51B) in non-dilutive financing, with $8.6B (approximately €8.18B) secured so far. The funding, led by Thrive Capital and co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management, values the company at $62B (approximately ... Read more Read more ›
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On Tuesday, Amsterdam-based bunq, an AI-powered neobank, announced an upgrade to its AI assistant – Finn, at the bunq Update 27 event, making it the first bank to bring real-time speech-to-speech translation within its app. Ali Niknam, founder and CEO of bunq, says, “At bunq, we have always used technology to make life easy, and ... Read more Read more ›
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Amsterdam-based Excess Materials Exchange (EME), a waste management provider and high-impact circular solutions, announced that it has secured $5M (approximately €4.7M) in a Series A funding round led by Wa’ed Ventures. Wa’ed Ventures is a $500M venture capital fund supported by Aramco. It aims to develop a strong startup ecosystem by investing in local tech ... Read more Read more ›
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Évora-based Meight, a Portuguese company providing Intelligent Transport Platforms (ITP), has secured €3.4M in funding, led by venture capital firm Cusp Capital. The investment will support Meight’s expansion across Europe and speed up the development of its cloud-based transport system. Dr. Maximilian Rowoldt, General Partner at Cusp Capital, says, “Road freight carriers are the backbone ... Read more Read more ›
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Rob de Heus, a prominent venture capitalist and the owner of DHG Communications Network BV, an independent investment firm, passed away on December 12, 2024. Rob de Heus’ family announced the news through a LinkedIn post. A public farewell service will take place on Tuesday, December 17, at 1 PM at the funeral home located ... Read more Read more ›
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On Monday, the Netherlands government, officially launched the ChipNL Competence Centre to strengthen its position in the global semiconductor industry, the Netherlands. The initiative aims to enhance capabilities and accelerate innovation within the Dutch semiconductor ecosystem, based on the EU Chips Act. Allocated €12M budget As a result, the European Commission and the Ministry of ... Read more Read more ›
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On Monday, The Netherlands Advisory Board on Impact Investing (“NAB”) and Co-Financing our Future (“CoFoF”), announced a partnership to accelerate the growth of impact investing and to support the development of the Dutch impact investment eco-system. The NAB and CoFoF are organisations for and of impact investors. Their mission is to support the growth of ... Read more Read more ›
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Guido Dalessi, CEO of Dutch long-duration electricity storage company Elestor, will step down from his role at the end of 2024. Hylke van Bennekom, Chief Operations Officer (COO), will take over the reins as the new CEO on January 1, 2025. “I am leaving Elestor in the knowledge that the company I helped create is ... Read more Read more ›
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Kaunas, Lithuania-based Freya Cultivation Systems, an Agtech developer, announced on Monday that it has secured €500K in a seed funding round. Venture capital funds Coinvest Capital and BSV Ventures, along with companies Sofigama and Zunami Oy, managed by private investors and business angels Paulius Vilemas and Marko Lehtovaara, participated in this seed round. Out of ... Read more Read more ›
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Belgium-based Bnewable, an energy company specialising in battery systems and energy management for businesses, has secured €40M in new growth capital from its existing investors. Bnewable’s three external investors, RGREEN INVEST, Wallonie Entreprendre, and Dovesco Fund Investments, have invested in this round to help establish Bnewable as a leading player in the Belgian and European ... Read more Read more ›
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When Satoshi Nakamoto released the Bitcoin white paper in 2008, the idea of a decentralised economy or a token economy seemed wild. However, in the past decade, we have come a long way in understanding the impact of blockchain, tokens, and the crypto token industry. While the crypto industry has gone from exploration to changing ... Read more Read more ›
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London-based VC firm KHP Ventures has introduced the Innovations in Mental Health (IMH) Fund to support technologies aimed at improving mental health outcomes. The fund will collaborate with the South London and Maudsley NHS Foundation Trust (SLaM) to assist portfolio companies. Wellcome, a global charitable foundation, is the anchor investor for the initiative. The Fund ... Read more Read more ›
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Bonn, Germany-based Pagent.ai, a company specialised in AI-driven web experience optimisation, announced on Monday that it has secured $900K (approximately €857K) in a pre-seed funding round from HTGF (High-Tech Gründerfonds). The German company will use the funds to expand the training and learning functionalities of its technology to include elements such as structure, design, and ... Read more Read more ›
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Alternative investments have been growing fast and as of December 2023, the AUM stood at $22 trillion. With growth only expected to accelerate further and the growing need for bespoke investment options or flexible transaction structures, investment firms need a single source of platform to manage their deal flow and LP information. Kenston Capital Partners, ... Read more Read more ›
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Sofia-based LAM’ON, a company specialising in bio-based and compostable laminating and packaging films, has secured funding from Eleven Ventures and Grigoriy Ananiev, Managing Director at Citibank. The funding amount, however, remains undisclosed. The capital raised will support LAM’ON’s go-to-market strategy and innovation efforts in sustainable packaging solutions. The €180B sustainable packaging market is growing, driven ... Read more Read more ›
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In this fast-paced world of technology, startups, and scale-ups, covering every single story can be challenging. Numerous startups pop up every day! And existing startups/scale-ups find ways to rise to new heights. We at Silicon Canals strive to provide our audience with the most up-to-date news, uncovering the latest funding rounds, acquisitions, and innovative developments ... Read more Read more ›
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In recent years the world has seen a surge in cross-border payments, driven by the globalisation of trade and migration flows. In fact, global payments are expected to rise from USD 190 trillion in 2023 to USD 290 trillion by 2030. But while domestic payments are becoming instant and digital, cross-border payments have taken a ... Read more Read more ›
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Warsaw-based PFR Ventures, Poland’s largest institutional investor, has invested PLN 270M (nearly €63M) in five new venture capital funds, increasing their total capitalisation to PLN 400M (nearly €94M). PFR Ventures is a public fund-of-funds manager that partners with private investors, business angels, and corporations to invest in VC and private equity funds. It aims to ... Read more Read more ›
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16.06.2026 16:35
Last update: 16:25 EDT.
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