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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 09/06/2024 06:25 EDT

Belgium’s Soil Capital lands €15M to cultivate a greener future through regenerative agriculture: Know more

Perwez-based Soil Capital, a Belgian B-Corp company specialising in regenerative agriculture, has completed its €15M Series B funding round. The company focuses on addressing social, environmental, and economic needs through its low-carbon transition initiatives for farms. The round was led by Trill Impact Ventures, with participation from Société Fédérale de Participations et d’Investissement (SFPIM), Sandwater, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 09/06/2024 04:56 EDT

Amsterdam-based Winc Academy, an online education platform, announced recently that it will become a part of the Complementair Groep (DCG) family from September 2, 2024. Noor Gerrits, CEO of Winc Academy, says, “My goal is to strengthen Winc Academy as a leading educator in the tech sector by continuing to search for the best innovative ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/06/2024 04:35 EDT

Germany’s Zählerfreunde secures Seed capital to make energy transition accessible to all

Munich-based Zählerfreunde, a cleantech startup, announced that it has secured a seven-figure investment in a seed round of funding completed on August 26.  This development follows a pre-seed round in 2022 with investors including Enpulse, Erich Wex, and capacura. The company has now attracted two new investors, Salzburg AG and Stadtwerke Herne, in addition to ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/06/2024 03:24 EDT

Netherlands-based Aqqo, a venue management software provider, announced that it has acquired LVP, a Dutch software provider for managing sports facilities and community venues, primarily serving municipalities since 1988. Founded by Hein Lambert as Lambert Venture Promotion BV, LVP evolved from a consultancy into a software house, developing a range of software packages, including AMIS ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 09/06/2024 03:18 EDT

Amsterdam-based SET Ventures closes fourth fund at €200M; its largest fund to date 

Amsterdam-based SET Ventures, a VC firm that invests in digital technology to promote a carbon-free energy system, announced on Thursday, September 5, that it has closed its fourth fund SET Fund IV –  at €200M. The Dutch VC announced its fourth fund in September 2023 to invest in 20-25 European innovators in the energy transition ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/05/2024 07:50 EDT

Brussels-based Cowboy, an electric bike company, has closed its €5M funding round, with Cypress Capital as a new strategic investor. As Cowboy’s first Asian investor, Cypress Capital brings strong ties to Taiwan’s bicycle manufacturing hub, enhancing Cowboy’s global supply chain. The round also includes support from existing investors, including Index Ventures, Hardware Club, Future Positive ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/05/2024 05:30 EDT

German climate tech SaaS startup Reonic raises €13M Series A led by Northzone; plans to continue hiring

Augsburg-based Reonic, a climate tech SaaS startup, has secured €13M in a Series A round of funding. The round, led by Northzone, also includes contributions from existing investors Point Nine and Puzzle Ventures. Northzone mentions in a statement that Europe has over 200,000 SMEs specialising in renewable energy technology installation for buildings, but these businesses ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 09/05/2024 04:15 EDT

Eindhoven-based LUMO Labs, the Dutch fund manager behind impact-driven investment funds in emerging technologies, has appointed Linn-Cecilie Linneman and Jorge Blasco as new team members in Norway and Spain, respectively, ensuring local representation in these strategic regions. This development follows the launch of their €100M investment fund, aimed at commercialising emerging digital technologies for a ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/05/2024 03:06 EDT

Safe Superintelligence Inc. (SSI), a US-based newly co-founded company by OpenAI’s former chief scientist Ilya Sutskever, has announced that it raised $1B (approximately €902.1M) in funding.  The investment was led by NFDG, an investment partnership by Nat Friedman and SSI’s CEO Daniel Gross. The round also saw participation from a16z (Andreessen Horowitz), Sequoia Capital, DST ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2024 10:30 EDT

Amsterdam-based SaaS company SwipeGuide acquired by US-based L2L: Know more

Salt Lake City, US-based L2L, a company specialised in connected workforce solutions, announced on Wednesday that it has acquired Amsterdam-based SwipeGuide. SwipeGuide is a B2B SaaS company that specialises in frontline training solutions, dedicated to simplifying complex processes through an intuitive mobile app. Deployed across 93 countries, SwipeGuide simplifies frontline training for more than 300,000 ... Read more Read more ›

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

Vilnius-based Airvolve secures €825K to develop heavy-lift aircraft with operating costs 10X lower than a conventional helicopter

Vilnius, Lithuania-based Airvolve, a deep-tech aerospace startup, announced on Wednesday that it has secured €825K from Coinvest Capital and Baltic Sandbox Ventures, along with several business angels. Out of the total, Coinvest Capital’s contribution to the investment amounts to €510K. The investment will help the company develop a fully functional MVP aircraft, with pre-orders expected ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/04/2024 07:20 EDT

Germany’s Lucid Genomics secures €1.3M to advance AI-driven genetic insights for faster drug discovery

Berlin-based Lucid Genomics, a healthtech startup, has secured €1.3M in a pre-seed round of funding led by Caesar Ventures, with additional contributions from BIF Partners, Another.vc, and the MPF Accelerator Program. Lucid Genomics’ platform provides AI-powered solutions that turn all genetic data into insights for faster drug discovery. This funding will accelerate the expansion of ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2024 06:21 EDT

Hamburg-based Zive, an enterprise AI platform, announced on Tuesday, September 3, that it has secured $3.2M (approximately €2.8M) growth capital from Headline, a European & US venture capital firm. The German company will use the funds to accelerate its growth while maintaining a leading position in products and services. What does Zive solve? 80 per ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/04/2024 05:11 EDT

Amsterdam’s Shift Invest leads €2.5M investment round in Belgium-based billing platform Zero Friction

Ghent-based Zero Friction, a billing and customer interaction solutions provider for heat and cold suppliers, announced that it secured €2.5M in a fresh round of funding led by Amsterdam-based Shift Invest. This investment will help advance the company’s efforts to support and accelerate the heat transition across Europe. In a statement translated from Dutch, Janneke ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2024 03:51 EDT

Swedish-Dutch-based Palm, a fintech company created to streamline cash management for enterprise treasury teams, announced on Wednesday that it has raised $6.1M (approximately €5.5M) in a seed funding round. The funding round was led by Speedinvest and Target Global, with participation from Upfin, Liquid2, and Greens. Notable angel investors include Job van der Voort (Founder ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/04/2024 02:49 EDT

France-based Steerlab secures €1.7M to automate RFP and security questionnaire and boost deal wins

Paris-based Steerlab, an AI platform that automates responses to Requests for Proposals (RFPs) and security questionnaires, announced that it has secured €1.7M in a pre-seed round of funding.  The platform helps PreSales and security teams increase efficiency by automating 80 per cent of their response time, boosting chances of winning more deals. The round was ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/03/2024 08:02 EDT

Hamburg-based OceanScore, a provider of maritime compliance and data solutions, announced on Tuesday that it has secured €5M in an oversubscribed Series A funding round. The round was backed by existing investors theDOCK and new investors such as Stolt Ventures, Motion Ventures, and Portline, along with various angel investors. All previous investors, including MSC and ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/03/2024 07:55 EDT

Dutch-based Shipping Technology raises funds to advance AI solutions for the inland shipping industry

Rotterdam-based Shipping Technology, a company in the maritime industry, has secured an investment from First Dutch and the founders of Platform Zero. Shipping Technology, specialising in supportive tools for shipping, offers hardware and software designed to enhance safety, sustainability, and efficiency in maritime operations. An AI-based technology for the maritime industry Founded in 2018, Shipping ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/03/2024 06:31 EDT

British unicorn Zilch turns profitable within just four years post-launch; ex-Aviva CEO Mark Wilson joins the board 

London-based Zilch, an ad-subsidised payments network (ASPN), on Tuesday, announced its first month of operating profit while surpassing a revenue run rate of more than $130M (approximately €117M) in July 2024. Philip Belamant, CEO and co-founder of Zilch says,  “This milestone fundamentally changes the game for us. Profitability is something that a lot of fast-growing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/03/2024 04:50 EDT

Reykjavik, Iceland-based Treble Technologies, a company specialising in sound simulation technology, announced on Tuesday that it has raised €11M in a Series A round. The funding round was led by KOMPAS VC, with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, strategic partners St. Gobain & L-Acoustics, as well as experienced angel ... Read more Read more ›

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