UK-based Sunswap, a cleantech startup focused on transforming cold chain logistics, has secured over €20M in a funding round led by BGF, reports EU-Startups. The investment came from a consortium of investors, including BGF, Shell Ventures, Dutch VC fund Move Energy, and existing backers Barclays and the Clean Growth Fund. Capital utilisation The proceeds will ... Read more Read more ›
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Amsterdam-based Alphadoc, a platform that helps product and development teams create documentation fast, announced recently that it has shut down its operation on 16 August 2024. The announcement comes as the Dutch company struggled to generate sufficient revenue to sustain its operation. “Even though we received much praise from our users, we have not been ... Read more Read more ›
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Amsterdam-based Dutch Operator Fund, an investment fund targeting tech-driven Dutch startups in the pre-seed and seed stages, has announced the launch of its first fund, Dutch Operator Fund I, to provide an initial financing opportunity to Dutch startups. Dutch Operator Fund I has raised €2M for its first fund, with capital from the founders and ... Read more Read more ›
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The Dutch Data Protection Authority (DPA), on Monday, announced that it has imposed a fine of €290M on Uber. This is the third fine that the Dutch DPA imposed on Uber. The Dutch DPA imposed a fine of €600,000 on Uber in 2018, and a fine of €10M in 2023. Uber has objected to this ... Read more Read more ›
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Stockholm-based Gilion (formerly Ark Kapital), a growth and lending platform, announced that it has appointed Lidia Oshlyansky as its new Chief Product Officer (CPO). With over 25 years of experience in product development, user experience, research, and design, Oshlyansky will contribute her expertise to support Gilion’s mission of creating the world’s largest Growth Platform for ... Read more Read more ›
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Pavel Durov, founder and CEO of instant messaging app Telegram, was arrested on Saturday, August 24, when he exited his private jet at Le Bourget airport, outside Paris. This news was first announced by French news outlet TF1Info. The reason behind the arrest According to the officials, Durov’s arrest was made under a warrant related ... Read more Read more ›
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Robert Vis, Founder & CEO of Bird, announced on Friday that he will be shifting from the Gmail app to Inbox.ai on iOS. The announcement comes as Bird launched the “Mail” app that offers more than just basic email features, says Vis in a LinkedIn post. According to Vis, the new app boasts single-threaded channels ... Read more Read more ›
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Time and technology wait for none! In this fast-paced world of technology, startups, and scale-ups, covering every single story can be challenging. We at Silicon Canals strive to provide our audience with the up-to-date news possible, uncovering the latest funding rounds, acquisitions, and innovative developments in the tech industry. However, we do miss out on ... Read more Read more ›
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Prague-based Bookbot, an online platform specialising in second-hand books, announced that it has secured €4M in a Series A round of funding, at a valuation of over €20M. The round was led by new investor Genesis Growth Equity Fund I, with participation from existing shareholder Miton. Dominik Gazdoš, CEO of Bookbot, says, “We are convinced ... Read more Read more ›
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Vilnius-based Tingit, a zero-effort fashion repairs marketplace, announced that it has secured €500K in a pre-seed round of funding from a group of international VC funds. The round was led by Lithuanian VC fund Firstpick, with participation from Latvia-based BADideas.fund, Czech Republic-based PurposeTech, and Germany’s Heartfelt Capital. A fashion repairs marketplace Viltrakytė co-founded Tingit in ... Read more Read more ›
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Per head, Europe boasts a 30% higher concentration of AI experts than the United States, and nearly triple that of China. However, in the global tug-of-war for talent, many of these Europe-educated experts are being pulled to the US. There, as reported in the Financial Times, global tech giants with deep pockets and global reputations ... Read more Read more ›
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Tilt, a real-time shopping platform, announced on Friday that it has closed $18M (approximately €16.1M) in a Series A funding round led by Balderton Capital, with participation from existing investors TQ Ventures, Earlybird, and Seedcamp. The company will use the funds to speed up its aim of becoming the leading fashion super app. It will ... Read more Read more ›
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European equity funding is slightly down compared to H2 2023, but there are still plenty of reasons to be cheerful. According to Sifted’s H1 2024 review report, which began tracking funding rounds in late 2023, Europe is finding its footing following volatility since the heady, funding-happy days of 2021. Highlighting the resurgence of fintech after ... Read more Read more ›
2
Munich-based XO Life, a digital health startup, announced on Thursday, August 22, that it has secured €7M in funding led by Sandwater and Grazia Equity. Additionally, Vi Partners and Bayern Kapital co-led the round, with participation from existing investors, including aescuvest, Isartal Ventures, Winning Mindset, MediVentures GmbH, capacura, and many more. The fund will allow ... Read more Read more ›
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Copenhagen-based Podimo, a podcast and audiobook subscription service in Europe, has acquired Amsterdam-based podcast production house Tonny Media, enhancing their partnership. Both companies will continue to operate independently while collaborating on sales and expertise, with no changes to the content enjoyed by their listeners. Founded in 2020 by Titus van Dijk, Jaap Reesema, and Sander ... Read more Read more ›
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Leipzig, Germany-based TEDIRO Healthcare Robotics, a company developing a mobile robotics platform for multiple applications in healthcare, announced that it has secured a seven-figure investment in a seed funding round. The investment comes from bm|t and the TGFS Technologiegründerfonds Sachsen. Other investors in this financing round are a business angel and the medium-sized robotics manufacturer ... Read more Read more ›
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Zürich-based FLOWIT AG, a coaching platform, announced that it has secured CHF 4M (approximately €4.21M) in an oversubscribed seed funding round. The deal was announced via a LinkedIn post. FLOWIT looks to transform the people development sector with its AI-powered platform, focusing on digital coaching specifically designed for non-desktop workers. The round was co-led by ... Read more Read more ›
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Amsterdam-based FounderFuel, a private community for Dutch founders and investors creating the next Silicon Valley, announced on Thursday that it is now investing up to $250K (approximately €224K) in startups. The Dutch VC is focusing on startups across multiple sectors, including: However, the VC is looking for companies with three criteria. The startup should have: ... Read more Read more ›
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Hamburg-based Boomerang, a reusable shipping packaging company, has raised nearly €3M in a fresh round of funding. Following a pre-seed round of €1.1M in 2022/23, the current round attracted investment through the crowd-investing platform “Companisto”, where over €850K was raised from more than 400 investors, surpassing the €750K target by €100K. Additionally, at least two ... Read more Read more ›
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Edinburgh-based Administrate, a cloud-based training management platform, announced on Monday, August 19th, that it has secured £3M (approximately €3.5M) in funding from Investment Fund for Scotland (IFS), managed by Maven and delivered by the British Business Bank. The company will use the funds to launch its new AI scheduling software and expand its market reach ... Read more Read more ›
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17.06.2026 11:53
Last update: 11:45 EDT.
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