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15.06.2026 − 21.06.2026
Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 2 place · 06/20/2026 15:20 EDT

The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself

Around 1750 BCE in Ur, a customer named Nanni complained in clay about the bad copper sold to him by the merchant Ea-nasir. It is the oldest known written customer complaint, and several others were found in Ea-nasir's house. The behaviour behind a one-star review, nearly four millennia early. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/14/2025 08:47 EDT

Berlin-based Foodora, a food delivery service provider across Europe, has launched Saver Delivery, a new option aimed at providing more flexibility and affordability for customers.  According to the company, this new delivery service complements the existing Standard and Priority options, offering a cost-effective choice for those willing to wait longer for their orders. What does ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/14/2025 06:56 EDT

Swiss crypto-focused bank Sygnum hits unicorn status after raising €56.54M strategic growth round

Sygnum, a Zurich-based digital asset banking group, has secured $58M (nearly €56.54M) in an oversubscribed strategic growth round, reaching a post-money valuation of over $1B (nearly €974.91M) and attaining unicorn status. The round was led by Fulgur Ventures, a Bitcoin-focused venture capital firm, alongside other new and existing investors, including Sygnum team members. The co-founders, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/14/2025 06:49 EDT

French firm Bioptimus bags €74M to build the ‘GPT of biology’ that simulates biology instead of generating text

Paris-based Bioptimus, a company building the first universal AI foundation model for biology, on Tuesday announced that it has secured $76M (approximately €74M) in funding. This total includes a $41M (approximately €40M) cash injection, led by Cathay Innovation. Other prominent investors, including Sofinnova Partners, Bpifrance through its Large Venture Fund, Andera Partners, Hitachi Ventures, Boom ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/14/2025 05:24 EDT

On Tuesday, Amsterdam-based Keen Venture Partners, a venture capital firm, announced that it is raising its European defence and security tech fund. It will be the first defence tech investment fund based in the Benelux region and aims to become one of the largest funds of its kind in Europe. The Dutch VC plans to ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/14/2025 04:51 EDT

Paris-based Robeauté, a medtech startup focused on neurosurgical microrobots, has raised $28M (approximately €27.28M) in funding led by Plural, Cherry Ventures, and Kindred Ventures.  Additional investors include LocalGlobe, Think.Health, and APEX Ventures, with strategic investment from Brainlab. Ian Hogarth, partner at Plural, says, “Robeauté’s technology doesn’t just have the potential to transform neurosurgery — it ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/14/2025 02:40 EDT

The UK Government has recently announced its plans to ‘turbocharge’ the development of the national AI sector across the UK over the next decade. The government has committed to integrating all 50 recommendations presented in Matt Clifford’s groundbreaking AI Opportunities Action Plan. The initiative includes creating AI Growth Zones, boosting AI infrastructure, and transforming how ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 01/14/2025 02:19 EDT

Amid financial turmoil, Northvolt sells its stake in battery recycling JV Hydrovolt to Hydro: Know more

Swedish electric-vehicle battery maker Northvolt sells its remaining shares in battery recycler Hydrovolt to Oslo’s aluminium and energy company Hydro, for NOK 78M (nearly €6.66M). The deal increases Hydro’s ownership in Hydrovolt from 72 per cent to 100 per cent. This development for Northvolt comes amid its financial crisis. In 2024, the company announced a ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/13/2025 11:15 EDT

Last year, global demand for tech roles saw full-stack, back-end and front-end developers in the top three spots for recruiters looking to fill jobs. That’s not a surprise as these are roles that are crucial to an evolving landscape of technology and business needs––these skills contribute to developing efficient, user-friendly applications.  In 2024, applications developers, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/13/2025 09:41 EDT

Eindhoven-based PHOTON IP secures €4.75M to advance integrated photonics: Here’s how

Eindhoven-based PHOTON IP, a manufacturer of advanced low-power optical chips, announced that it has secured €4.75M seed round led by Innovation Industries. Other investors, including Faber and Brabantse Ontwikkelings Maatschappij (BOM), as well as PhotonDelta, participated in the round. The Dutch company will use the funds to accelerate the industrialisation and commercialisation of its breakthrough ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/13/2025 08:00 EDT

Remembering Andriy Shmyhelskyy: Ukrainian social-tech entrepreneur and the visionary behind Better Time Stories and Hyko passes away at 37 

On January 7, Andriy Shmyhelskyy, a Ukranian social-tech entrepreneur who advocates for children and climate education, passed away at the age of 37 due to respiratory arrest. With a Master’s degree in Innovation and Entrepreneurship, Shmyhelskyy dedicated his life to creating meaningful change through impactful projects, right from the initial days of his career.  With ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/13/2025 06:24 EDT

Resato Hydrogen Technology

Resato Hydrogen Technology, a hydrogen refuelling station developer based in Assen, Netherlands, has obtained a €25M venture debt facility from the European Investment Bank (EIB). The loan was supported by the European Commission under its InvestEU initiative. The investment will support the Dutch company’s research and development efforts, production capacity expansion, and relocation to an ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/13/2025 04:31 EDT

Leiden-based BIMINI Biotech raises €3M to develop innovative therapeutics for haematological cancers

Leiden-based BIMINI Biotech, a drug development company focused on therapeutics for haematological cancers, closed a €3M seed investment round.  The round was led by Torrey Pines Investment (TPI) from San Diego, with participation from InnovationQuarter Capital (IQC), Libertatis Ergo Holding (LEH), and a business angel.  The funds will support the preclinical development of modulators targeting ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 01/13/2025 03:07 EDT

Adriaan Mol, Mollie CEO Koen Köppen, and YC back this new AI startup: Know more 

On Monday, Delaware, US-based Open.cx, the next-generation AI customer support platform, announced that it has $1.52M (approximately €1.48M) in a pre-seed funding round. The company raised funding from Y Combinator, Spacetime (the investment office of Mollie and Bird founder Adriaan Mol), Koen Köppen (CEO of Mollie), Pioneer Fund, Kulveer Taggar, Propeller Fund, Taro Fukuyama, and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 01/11/2025 03:13 EDT

Technology is ever-evolving, and in this fast-paced world, it’s challenging to cover every story. This week of 2025 (6th to 10th January) was no exception. However, we want to ensure that you don’t miss out on these noteworthy updates. Here’s a quick roundup of other significant news we missed this week. TomTom announces significant enhancement ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 01/10/2025 07:45 EDT

Horw, Switzerland-based CeQur, a medical device company dedicated to simplifying mealtime insulin delivery for individuals, announced that it has secured $120M (approximately €116.4M) in the financing round.   The company will use the funds for the continued commercial expansion of CeQur Simplicity, the company’s innovative 4-day wearable insulin delivery device. Additionally, the company will continue to ... Read more Read more ›

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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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27.06.2026 12:03
Last update: 11:55 EDT.
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