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Vishal Singh @ Silicon Canals · 09/03/2024 04:48 EDT

Eindhoven-based Carbyon, a Direct Air Capture (DAC) startup whose goal is to create affordable and scalable technology to stop climate change, announced that it raised €15.3M in a Series A funding round. This brings the company’s total investment to over €25M. Carbyon’s technology captures CO2 from the atmosphere, reducing costs and enhancing scalability. Investors supporting ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 09/03/2024 03:52 EDT

Budbee to stop home deliveries; Swedish parcel deliverer to switch entirely to parcel lockers in the Netherlands 

Stockholm-based Budbee, a parcel delivery service, announced on Monday, September 2 that it will utilise parcel lockers for all deliveries in the Netherlands, effectively eliminating traditional home delivery services. “We are not forced to participate in the price war between parcel deliverers who outdo each other with prices that are further below cost price and ... Read more Read more ›

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

The Dutch startup scene has long been a hub for creativity and entrepreneurship. In August 2024, this ecosystem once again showcased its might, with several startups making headlines for their successful funding rounds. This capital influx displays a level of innovation and potential that these young companies bring to the table. Besides accelerating technological advancements, ... Read more Read more ›

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

Sweden’s Amferia secures €1.2M to kill bacteria, even resistant ones; here’s how

Mölndal-based Amferia, a Swedish medtech company specialising in antimicrobial healthcare solutions, has completed an “over-prescribed” €1.2M investment round, with participation from existing owners, new investors, and Chalmers Ventures. Agneta Edberg, chairman of Amferia, says, “I am very grateful to our owners for investing in Amferia and in our vision of reducing resistant antimicrobial infections globally. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/02/2024 08:24 EDT

UK’s Signol raises €2.9M to use behavioural science for reducing emissions in shipping and aviation

London-based Signol, a sustainability startup that uses behavioural science to decarbonise hard-to-abate industries, has secured £2.5M (approximately €2.96M) in a seed extension round funding led by TMV, a New York-based VC firm. The UK-based company’s tech-driven service focuses on engaging the human workforce in hard-to-abate industries to maximise emission reduction opportunities through everyday tasks. Investors ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/02/2024 07:59 EDT

Milan-based IdentifAI, a startup specialising in developing and training models to identify AI-generated content, announced on Monday that it has secured €2.2M in a seed funding round. The round was led by United Ventures, with participation from business angels, including Edoardo Alessandri of Wellness Holding, Matteo Fago, co-founder of Venere.com (now Expedia), and Umberto Paolucci ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/02/2024 07:21 EDT

Munich-based Quintauris, a company aimed at advancing the RISC-V instruction set architecture, has added STMicroelectronics as its sixth shareholder. The other shareholders of Quintauris include Robert Bosch GmbH, Infineon Technologies AG, Nordic Semiconductor ASA, NXP Semiconductors, and Qualcomm Technologies. Alexander Kocher, CEO of Quintauris, says, “ST is a welcome addition to our list of shareholders. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/02/2024 06:03 EDT

Enerpoly opens world’s first zinc-ion battery megafactory in Sweden

Enerpoly, a Stockholm-based innovator in zinc-ion battery cell technology, has launched the world’s first zinc-ion battery megafactory.  According to the Swedish startup, this marks a “landmark step” in advancing the global transition to clean energy by providing sustainable, affordable, and safe energy storage solutions. What will the facility provide? Enerpoly’s 6,500m² Production Innovation Center (EPIC) ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/02/2024 05:36 EDT

London-based Wayve, a developer of Embodied AI technology for automated driving, announced on Monday, that it has announced a new strategic partnership with Uber. Consequently, Uber has also agreed to make a strategic investment in Wayve as an extension of the company’s previously announced Series C fundraising round. In May, the UK company raised $1.05B ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 09/02/2024 04:12 EDT

North Brabant, the Netherlands-based Ebusco, a company known for developing electric buses and energy solutions, announced on Friday, August 30 that it has appointed Christian Schreyer as the new Chief Executive Officer (CEO) in the Management Board. The announcement comes after the Dutch company implemented a new organisational structure, leading to clearer roles and responsibilities. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/30/2024 11:14 EDT

In other news this week: Swiss-Mile raises €19.8M, Araya Ventures raises €9.8M, moveXM acquires Inceptivize, and more

The technology sector is ever-evolving! Numerous startups pop up every day! And existing startups/scale-ups find ways to rise to new heights. At this pace, it is nearly impossible to cover every single development. We at Silicon Canals aim to keep you informed about the latest happenings in the tech industry.  But let’s get real for ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 08/30/2024 10:44 EDT

We are celebrating Silicon Canals’ 10th anniversary! Inspired by the Amsterdam canals and the passion of the founders, Remco Janssen launched Silicon Canals in 2014 to provide essential startup news across Europe. He mentions, “Looking back at 2014, I realised there was a lack of reliable startup news sources for insiders and outsiders. As a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/30/2024 08:03 EDT

Amazon’s Dutch rival Coolblue raises funds to accelerate growth in Germany; CEO Pieter Zwart sells 7.5% shares 

Rotterdam-based Coolblue, an e-commerce company, announced on Thursday, August 29, that it is planning to accelerate its growth in Germany by investing around €150M in its growth plans in the coming years. The company is self-financing the plans with the existing shareholders. As part of this, HAL is buying 7.5 per cent of the shares ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/30/2024 07:21 EDT

In a recent development, Janet Nieboer of ROM InWest and Westfriese Bedrijvengroep (WBG) chairman Hans-Peter Baars announced that they have signed a Pearl Agreement, solidifying ROM InWest’s role as the Pearl of the WBG. “Officially, we are now Pearl of the WBG. Together, we take entrepreneurs further within sustainability and innovation. We look forward to ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/30/2024 05:05 EDT

Amsterdam’s Carbon Equity launches new climate infrastructure fund; raises €10M at first close

Amsterdam-based Carbon Equity, a climate venture capital and private equity investment platform, announced on Friday that it has launched a new fund — Climate Infrastructure Fund I. The fund is focused on investing in climate infrastructure projects like hydrogen and biogas production facilities, solar parks, sustainable transmission systems, EV charging stations, and battery storage systems. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/30/2024 04:18 EDT

Dutch-based 20Face secures €1.3M to advance its privacy-proof facial recognition technology

Enschede-based 20face, a Dutch scale-up specialising in privacy-proof facial recognition software, announced that it secured €1.3M in a fresh round of funding. The investment includes contributions from existing shareholders including Value Creation Capital and Oost NL, and new shareholder Twinning Participaties. In a statement translated from Dutch, Matthijs Berkelaar, investment manager Tech at Oost NL, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/30/2024 02:52 EDT

UK-based Attio secures €29.7M to redefine CRM with AI-driven features: Know more

London-based Attio, a Customer Relationship Management (CRM) software provider, announced that it has raised $33M (approximately €29.78M) in funding to redefine CRM by delivering “groundbreaking”, AI-driven features. The investment was led by existing partners Redpoint Ventures, Balderton Capital, and Point Nine, with new support from 01 Advisors. Since launching last year, Attio claims to have ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/29/2024 10:11 EDT

Amsterdam-based Seenons, a tech startup that aims to solve the growing challenge of waste, announced on Thursday that it has acquired Waste Group Denmark. With this strategic move, the Dutch company aims to significantly expand its European activities and strengthen its position as the leading waste platform in Europe. The announcement comes a year after ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/29/2024 09:03 EDT

Berlin’s FEMNA Health bags seven-figure funding to help women with hormonal health: Here’s how

Berlin-based FEMNA Health, an e-health brand for female health, announced it has received seven-figure growth funding led by existing investors, including Berlin Angel Fund, Atreyu Investments, Cimexia GmbH, IBB Capital GmbH (supported by the KfW/IBB program “BerlinInnoGrowth”), as well as new strategic investors. The company will use the funds to expand its presence in the ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/29/2024 07:38 EDT

Amsterdam-based SELANA, an e-mobility startup, announced on Thursday that it has introduced SELANA Alpha, the upcoming first legally approved E-step in the Netherlands. SELANA Alpha, developed after five years of R&D, is scheduled for Q4 2024 launch. With this, the Dutch company aims to offer a safe, sustainable, and convenient alternative to cars in cities. ... Read more Read more ›

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