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Silicon Canals
Vishal Singh @ Silicon Canals · 11/27/2024 02:38 EDT

XRHealth, a US-based Extended Reality therapy platform for healthcare, has acquired Amsterdam’s NeuroReality, including its flagship cognitive rehabilitation product “Koji’s Quest”, to strengthen its position in the extended reality (XR) therapeutic market. The development adds to XRHealth’s growing portfolio, which includes a recent acquisition of Amelia Virtual Care, and enhances its offerings for physical, emotional, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 11/26/2024 07:54 EDT

After two turbulent years of the pandemic and its aftermath, the Dutch tech ecosystem is still positioned as one of the strongest hubs in Europe – as well as one of the most valuable, says TechLeap report.  With thriving sectors like fintech, clean energy, healthtech, and AI, it’s no surprise that the nation has emerged ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/26/2024 06:26 EDT

Offenburg-based HyperHeat, a German startup focused on creating zero-carbon industrial heat using renewable energy, has raised €3.5M in funding. The company will use the funds to develop and test its first industrial products, which are set to launch by 2025. The investment was led by Amadeus APEX Technology Fund, with support from Finindus, Possible Ventures, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/26/2024 04:41 EDT

Move on from Li-ion: Molyon raises €4.3M to charge its lithium-sulfur battery tech

Cambridge-based Molyon, a company focused on developing next-gen lithium-sulfur batteries, has raised $4.6M (approximately €4.37M) in its first funding round, co-led by IQ Capital and Plural.  The funds will support the expansion of its team, including battery engineers, material scientists, and operations staff, to facilitate manufacturing at its pilot facility in Cambridge. Next-generation lithium-sulfur batteries ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/26/2024 04:19 EDT

Dutch-Swiss startup Cradle secures €69.5M to help scientists develop improved proteins using AI

Amsterdam and Zurich-based Cradle, a biotech startup, announced on Tuesday that it has raised $73M (approximately €69.5M) in a Series B funding round led by IVP with participation from previous investors Index Ventures and Kindred Capital. The latest funding round takes the total raised by Cradle to date over $100M (approximately €95.2M). The Dutch-Swiss company ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/26/2024 03:15 EDT

French startup Mago raises €1.5M to empower creators to transform and stylise any video with AI

Paris-based Mago, a provider of AI tools empowering creators to transform and stylise any video, announced on Tuesday that it has secured €1.5M in a pre-seed funding round from Atlantic Labs. The latest capital injection will enable the French company to expand its team and accelerate development, with a market launch planned for early 2025. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/26/2024 02:33 EDT

Sheffield-based Exciting Instruments, a company focused on democratising single-molecule detection, has raised £4M (approximately €4.79M) in a seed round of funding.  The investment round was led by Northern Gritstone, with additional backing from Empirical Ventures, NPIF II – Praetura Ventures, and “renowned” entrepreneurs Stan Boland and Jonathan Milner. The company’s platform aims to make single-molecule ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/26/2024 01:30 EDT

Darmstadt, Germany-based etalytics, a company specialised in AI-driven energy intelligence, on Tuesday announced that it has secured €8M funding in a Series A funding round led by Alstin Capital. Other investors, including ebm-papst as co-lead and TF H IV Technologiefonds Hessen GmbH & Co. KG (a fund managed by Beteiligungs-Managementgesellschaft Hessen mbH (BM H)), also ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/25/2024 10:11 EDT

This German VC taps founders of decacorn SumUp and Amsterdam’s Felyx as new partners: Read more

Berlin-based EWOR, a venture capital firm supporting early-stage entrepreneurs, announced that Petter Made, co-founder of SumUp, and Quinten Selhorst, founder of Felyx, have joined as full-time partners.  EWOR provides hands-on support for startups at the early stages, guided by experienced founders. Made and Selhorst aim to strengthen EWOR’s mission to build a “leading” fellowship for ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/25/2024 09:24 EDT

Bristol-based Vertical Aerospace, a sustainable electric aviation company, has secured up to $50M (approximately €47.6M) in new funding from creditor Mudrick Capital Management by signing a term sheet. This funding is part of a $180M (nearly €171.1M) deal. The funds will enable Vertical Aerospace to strengthen its balance sheet, reduce its debt, and provide the ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/25/2024 07:09 EDT

Eindhoven-based Chromodynamics raises €2M to eliminate guesswork from drug development: Here’s how

Eindhoven-based Chromodynamics, a deep tech company, announced on Monday, that it has raised €2M in Seed funding from investment fund KIKK Capital. The Dutch company will use the funds to complete the development of its microscopy product and launch commercially into the biomedical research market. “It is really exciting to secure the funding needed to ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/25/2024 05:43 EDT

Luxembourg-based emma, a cloud management platform, announced on Monday, that it has secured $17M (approximately €16.2M) in a Series A funding round led by Smartfin, with participation from RTP Global and existing investors. The funding comes over a year after raising $6M (approximately €5.7M) in the Seed round in March 2023, bringing total funding to ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/25/2024 03:51 EDT

Leiden-based Meatable, a Dutch startup specialising in cultivated meat technology, has secured a strategic investment from Betagro Ventures, the venture capital arm of Thailand-based food company Betagro. The funding amount, however, remains undisclosed. Betagro has become the first Asian meat company to invest in Meatable. The investment reflects “confidence” in Meatable’s cell-based technology, which replicates ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/25/2024 03:50 EDT

Meet the top medium/small companies to work for in the Netherlands in 2024; all are hiring right now

Great Place To Work, a research and consultancy agency,  recently announced the 22nd edition of its annual list of the 40 Best Workplaces in the Netherlands across four categories – Multinational, Large, Medium, and Small.  Great Place To Work Netherlands evaluates organisations based on the level of trust, pride, and enjoyment experienced by their employees ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/25/2024 01:30 EDT

Amsterdam’s NORBr raises €3M; CEO Nabil Naimy on empowering global payment operators, revenue projections, hiring plans, and more 

Amsterdam-based NORBr, a Payment Infrastructure as a Service (IaaS) provider, announced on Monday that it has raised €3M in funding led by Alstin Capital. Previous round lead investor Portfolion also participated in the round. The company will use the funds to support expanding its omnichannel solutions, including advanced features for managing payment terminals, operational efficiency ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 11/23/2024 04:16 EDT

In other news this week: Belgian unicorn Odoo secures €500M, Zeotap bags €24M, Apaleo secures €20M, Kilter lands €9M, and more 

With a slew of tech announcements dominating the headlines recently, it’s been easy to overlook some equally important stories happening elsewhere. But don’t worry — we’ve got you covered! To make sure you stay informed, we’ve compiled a list of noteworthy stories that may have flown under the radar this week. Scroll down to find ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/22/2024 08:45 EDT

Amsterdam’s Treety secures funding to help companies resolve ESG data challenges; here’s how

Amsterdam-based Treety, an ESG reporting, monitoring & compliance solution for alternative asset managers, has secured fresh funding from venture capital firm Arket Ventures. With this funding, Treety plans to expand its capabilities, furthering its mission to empower businesses and investors to integrate sustainability into their decision-making processes. Resolving ESG data challenges Founded in 2020 by ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 11/22/2024 08:33 EDT

Major jolt to European battery ambitions: Northvolt files for Chapter 11 bankruptcy protection in US, CEO steps down

Stockholm-based Northvolt, a lithium-ion battery manufacturer, and certain of its subsidiaries announced on Thursday, November 21, that they have voluntarily filed for Chapter 11 reorganisation in the U.S. Bankruptcy Court for the Southern District of Texas.  The Chapter 11 filings will help the Swedish company to reorganise its debt, adapt to customer needs, and create ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/22/2024 06:40 EDT

After Bionomic, UNIIQ invests €350K in Dutch-based soil health monitoring platform Spatialise

Noordwijk, South Holland-based Spatialise, a developer of soil health monitoring platform, announced on Thursday, November 21 that it has secured €350K from UNIIQ, an investment fund focused on the proof-of-concept phase. The announcement comes a few days UNIIQ invested €350K in Bionomic, a Dutch agtech company. In October, The Hague-based UNIIQ announced €2.5M to invest ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/22/2024 05:50 EDT

Delft-based GEHECO, a company that aims to enable carbon-neutral heating in buildings, has closed its first funding round, securing investments from Graduate Entrepreneur, Rockstart, and Rabobank, through the Rabobank Innovatie Lening (RIL). These contributions complement earlier investments from the Shell Impact Fund and Innovation Quarter’s UNIIQ Fund. The funding amount, however, remains undisclosed. The investment ... Read more Read more ›

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