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Vigneshwar Ravichandran @ Silicon Canals · 09/16/2024 04:55 EDT

Invest-NL to secure extended funding to boost startup growth until 2029: Know more

Invest-NL, a Dutch national financing and development institution, announced on Tuesday that it will receive additional resources until 2029 through its coalition program with the Netherlands’ government to strengthen its impact. The announcement comes as a part of the outline agreement and aims to bolster core capital, which plays a critical role in supporting the ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/16/2024 04:02 EDT

Netherlands-based Planon, a smart building management software provider, announced that it has expanded its strategic partnership with Schneider Electric, a Paris-based company specialising in energy management and automation. On December 17, 2020, Schneider Electric acquired a 25 per cent minority stake in Planon Beheer BV through a strategic investment.  On July 30, 2024, Schneider Electric ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2024 03:00 EDT

Munich-based Symphera, a medical device startup, announced on Monday, that it has secured €2.4M in a seed financing round led by High-Tech Gründerfonds (HTGF). The round was led by HTGF with participation from Bayern Kapital, CARMA FUND, UnternehmerTUM Funding for Innovators, Stern Stewart Ventures, IRCAD, and expert business angels. The German company will use the ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 09/13/2024 10:47 EDT

Tech is ever-evolving, and in this fast-paced world, it’s challenging to cover every story. We strive to bring you the latest updates, but occasionally, some noteworthy news slips through our radar. And this week (9th to 13th September) was no exception. However, we want to make sure that you don’t miss out on these noteworthy ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 09/13/2024 08:39 EDT

Berlin-based Habyt, a provider of flexible living spaces, announced that it has secured €40M in a fresh round of funding led by Mars Growth Capital, a joint venture between MUFG and Liquidity Group. This funding highlights Habyt’s annual net revenue growth and its trajectory toward cash flow positivity, as it plans to achieve group-level profitability ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 09/13/2024 07:04 EDT

Paris-based Bib Batteries bags €2.2M to accelerate the circular economy of batteries

Paris-based Bib Batteries, a startup specialising in the management of batteries throughout their lifecycle, announced on Tuesday that it has secured €2.2M in funding from Family Ventures. Others, including NextGear Ventures, SuperCapital, Wendel Family Office, and Techstars Paris, also participated. The French company will use the funds to accelerate its mission of extending the lifecycle ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/13/2024 06:41 EDT

LIOF, the Limburg development and investment company, announced that it is investing in SpecifAi Parking, a Dutch-based business intelligence tool designed to optimise parking management for operators, property owners, and municipalities. Rob Wammes, Investment Manager at LIOF, says, “SpecifAi Parking is a promising scale-up within the digitalisation transition in Limburg. This company offers an attractive ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/13/2024 05:47 EDT

Vaud, Switzerland-based ClearSpace, an in-orbit servicing (IOS) company, announced on Wednesday that it has been selected by the UK Space Agency after completing the preliminary design phase of the CLEAR mission. The UK Space Agency also invested £2.35M (approximately €2.75M) in the Swiss company. Consequently, the company plans to achieve ambitious objectives by March 2025. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/13/2024 04:38 EDT

The Shell Impact Fund, which backs entrepreneurs dedicated to a just and inclusive energy transition, announced that it has added four new companies to its portfolio.  These companies focus on providing solutions that assist households and small businesses in navigating the energy transition. Anne Schreuder, Societal Impact Director at Shell and Chairman of the Fund’s ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/13/2024 03:00 EDT

Munich-based Reverion, a company building reversible, carbon-negative power plants, announced on Friday that it has secured $62M (approximately €56M) in an oversubscribed Series A funding round, including non-dilutive funding. The funding round was led by Energy Impact Partners (EIP) with Honda and the European Innovation Council Fund (EIC Fund) participation. Existing investors Extantia Capital, UVC ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/12/2024 09:41 EDT

Copenhagen-based MATR secures €20M from EIB to expand production of its plant-based meat alternatives

Copenhagen-based MATR, a foodtech startup, announced on Thursday that it has signed a €20M loan agreement with the European Investment Bank (EIB) to expand production of plant-based meat alternatives. “Our products have been received overwhelmingly well by chefs, restaurants, and consumers, clearly confirming the appetite for cleaner, healthier, and more juicy alternatives to meat,” says ... Read more Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 09/12/2024 09:00 EDT

Who runs the world? Spreadsheets. While this is a reality across a number of industries, the alternative investment industry is not distant from the world of spreadsheets. Ankur Agarwal, co-founder and CTO of PE Front Office says before software and technology became ubiquitous, investment professionals depended on spreadsheets, isolated shared drivers, and in-house developed systems ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/12/2024 07:56 EDT

London-based DELLI, an independent food and drink platform, announced on Thursday that it has secured $6M (approximately €5.4M) in a Seed extension round. The funding round was led by existing investors Balderton and HV Capital, alongside Simon Beckerman, DELLI’s founder and Chief Creative Officer. The company will use the funds to expand its offering of ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/12/2024 06:50 EDT

Dutch-based XS Innovations bags €1.1M to improve treatment for end-stage kidney disease patients

The Netherlands-based XS Innovations, a spinoff from Leiden University Medical Center (LUMC) and Delft University of Technology (TU Delft), has secured €1.1M in a seed round of funding. The investment came from FIRST fund (Fonds InvesteringsRijpe STarters), Medtech TTT Fund (managed by Innovation Industries), UNIIQ, Delft Enterprises, Libertatis Ergo Holding, and the Graduate Entrepreneur Fund. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/12/2024 05:39 EDT

Dutch-based Battolyser Systems raises €30M to support the large-scale production of green hydrogen in Europe 

Schiedam, the Netherlands-based Battolyser Systems, a developer of the world’s only electrolyser with battery functionality, announced that it has secured a €30M Series A investment round from Invest-NL, Global Cleantech Capital, and Innovation Industries. Out of the total, Invest-NL invested €8.2M in the Dutch company. With this investment, Invest-NL has exceeded the €1B mark in ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 09/12/2024 04:49 EDT

Amsterdam’s Talk360 raises €1.2M to connect African migrant communities with their families back home

Amsterdam-based Talk360, an international calling app from South Africa and the Netherlands, announced that it raised $1.4M (approximately €1.27M) in a pre-Series A round of funding. The funding will support the company’s next growth phase, aiming to reach seven million people and achieve profitability. The round was led by “long-standing investor” Havaic. The pre-Series A ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/12/2024 04:40 EDT

Dutch-based Momo Medical raises €6.5M funding to expand nursing care in the Netherlands and beyond

Delft-based Momo Medical, a company that improves patient safety through technology, announced on Thursday that it has secured €6.5M in funding from pension manager PGGM, NextGen Venture, and other renowned investors. It includes Jay Searson, UNETI Ventures, and the Centre for Aging + Brain Health Innovation. With this funding, the Dutch company plans to finance ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 09/12/2024 03:21 EDT

Dutch-based Morphotonics bags $10M+ to enable cost-effective mass production of optical designs

Eindhoven-based Morphotonics, a company providing nanoimprinting technology solutions, announced the launch of its Series B financing round on its 10th anniversary, securing over $10M (approximately €9M) in the first closing. A second closing is expected by the end of the year. The company aims to transform global display technology by advancing 3-D displays, making Augmented ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/12/2024 03:10 EDT

Amsterdam-based Brineworks, a company specialised in seawater electrolysis technology, announced on Thursday that it has secured $2.2M (approximately €1.9M) in funding led by VC firm Pale blue dot. This latest investment will help the Dutch company accelerate its technical development and will be key to deploying its first technical pilot project. “Current CO2 capture methods, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/11/2024 10:56 EDT

UK’s fintech firm Form3 secures €54M to increase operational efficiency in real-time payment

London-based Form3, a cloud-native account-to-account platform, announced on Tuesday, September 11, that it has secured $60M (approximately €54M) in Series C Extension with new investment from British Patient Capital alongside existing shareholders, including Visa. The latest funding brings Form3’s Series C funding round to a total of $220M (approximately €200M) at a valuation of $570M ... Read more Read more ›

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