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Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/04/2025 03:43 EDT

Europe’s largest BESS manufacturing facility changes hands: Lyten acquires Northvolt’s Gdansk plant

Luxembourg-based Lyten, a supermaterial applications company, has acquired Northvolt’s Dwa Energy Storage Systems (ESS) operations in Gdansk, Poland. Robert Chryc-Gawrychowski, CEO of Northvolt Poland, states, “Northvolt set out to lead the sustainable development of Europe’s battery industry. Lyten is carrying that mission forward with BESS manufacturing and the introduction of lithium-sulphur batteries in Europe, which ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/04/2025 03:14 EDT

Winners of Gerard & Anton Award 2025: Meet the 10 most promising startups from Brainport

The 10 new winners of the Gerard & Anton Award 2025 were announced in Eindhoven, Netherlands, yesterday. The ceremony took place at the High Tech Campus. The Gerard & Anton Award, named after the founders of Philips, focus on startups in the Brainport Eindhoven region and selected 10 from over 70 nominations as the most ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/03/2025 08:59 EDT

Sweden’s Nordic Air Defence secures €2.5M to accelerate Europe’s drone defence revolution

Stockholm-based Nordic Air Defence, a defence tech startup, has secured $3M (approximately €2.5M) in an expansion of its pre-seed funding round, bringing the total to $4.4M (approximately €3.7M). The funding round was led by the venture capital firm Inflection, which also resulted in changes to the company’s board composition as it enters a crucial phase ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/03/2025 08:52 EDT

European AI leaders join forces to push two-year pause on AI Act: All you need to know

A group of European business and tech leaders is urging the European Commission (EC) to delay the full rollout of the EU AI Act. The announcement comes out of a concern that the new regulation could slow down growth, lead to inconsistent enforcement, and harm innovation in Europe. “At a time of unprecedented technological, economic, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/03/2025 08:18 EDT

Germany’s Cariqa raises €4M to simplify and improve transparency in EV charging payments

Berlin-based Cariqa, the payments and pricing platform built specifically for electric vehicle (EV) charging, has raised €4M in an oversubscribed seed round of funding. The investment was co-led by Anthemis and Contrarian Ventures, with participation from Earth.now, Anthemis Female Innovators Lab, Golden Egg Check and Techstars. Marin Cauvas, Partner at Anthemis, says, “Building scalable and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/03/2025 05:31 EDT

UK’s HIVED lands €35.5M to expand its AI logistics platform and electric delivery fleet

London-based HIVED, an AI-powered parcel delivery startup, has secured $42M (approximately €35.5M)  in a Series B round led by NordicNinja. NordicNinja is a founder-led venture capital firm with strong engineering skills. Established in 2019, it is the largest Japan-backed VC fund in Europe. The firm invests in growing companies that have outstanding teams and aim ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/03/2025 04:30 EDT

Germany’s AI search analytics startup Peec AI secures two funding rounds in five months: Know more

Berlin-based Peec AI has secured €7M in funding within five months of its founding. The startup initially closed a €1.8M pre-Seed round in April, followed by the current €5.2M Seed round led by 20VC less than four weeks later.  The Seed round was led by 20VC, with participation from Antler, Foreword VC, Identity.VC, Combination VC, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/03/2025 02:28 EDT

Leeds-based AssetCool raises €11.5M to tackle power grid bottlenecks with smart coating technology

Leeds-based AssetCool, a UK company focused on improving overhead power line capacity to address grid congestion, has secured £10M (nearly €11.56M) in an oversubscribed Series A funding round. The UK-based company will use the funds to scale globally and create 15 new jobs in the next 18 months. The round was led by Energy Impact ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/03/2025 02:21 EDT

Dutch startup Solarix secures €5.5M to advance design-driven solar facades

Weesp, the Netherlands-based Solarix, a startup that designs and supplies innovative coloured solar panels for facades, has secured €4.2M in funding. Investors in this funding round include ROM InWest, VP Capital, and several private investors, along with participation from existing investors, which strengthens Solarix’s finances. They also have €1.3M set aside from the National Growth ... Read more Read more ›

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Silicon Canals
Remco Janssen @ Silicon Canals · 07/02/2025 10:51 EDT

IoT Connect: unifying devices, data & decisions

In addition to artificial intelligence, the Internet of Things (IoT) ecosystem is also growing at a never-before-seen rate. As IoT grows, organisations across industries face mounting challenges in managing complex device networks, connectivity services, and the vast streams of data generated by connected devices.  The complexity of coordinating multiple SIM types, service configurations, and billing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/02/2025 10:34 EDT

Berlin’s Talon.One raises €114.7M to scale its platform for promotions, loyalty and gamification

Berlin-based Talon.One, a loyalty and promotions platform, today announced it has secured $135M (approximately €114.7M) in the latest funding round. The funding round was led by Silversmith Capital Partners, a Boston-based growth equity firm, and Meritech Capital, an investor known for backing category-defining companies such as UiPath and Salesforce. Existing investor CRV also participated in ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/02/2025 05:09 EDT

Delft-based FieldFactors raises €1.6M to help cities capture and reuse rainwater

Delft-based FieldFactors has raised €1.65M in a funding round to support the growth of its local rainwater reuse systems. The oversubscribed round attracted investors from Europe, the US, and Latin America. The investment was led by Dutch impact investor Connect the Drops, with additional participation from Tailwind Climate, Amplifica Capital, Vanzal Limited, and the Water ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/02/2025 05:05 EDT

Dutch photonic chipmaker EFFECT Photonics raises additional €20.4M to accelerate optical innovation

Eindhoven-based EFFECT Photonics, a provider of next-generation coherent optical solutions for data centre and edge networks, has raised an additional $24M (approximately €20.4M) as part of its Series D financing round. This funding round brings the total raised in the round to $62M (approximately €52.6M). “This funding milestone reinforces the strong market demand we’re seeing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/02/2025 03:36 EDT

Amsterdam’s Dexter Energy raises €23M to scale AI-driven short-term trading for wind, solar, and battery portfolios

Amsterdam-based Dexter Energy, a climate tech company, has raised €23M in a Series C funding round. The funding round was led by Alantra’s energy transition fund, Klima, joined by Mirova and with continued support from existing investors, including ETF Partners, Newion, and PDENH. Alantra is an independent global mid-market financial services firm providing investment banking, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/02/2025 03:00 EDT

Madrid-based TuringDream raises €6M to scale it’s agentic AI platform for education and enterprises

Madrid-based TuringDream, an Agentic AI Platform, has announced that it has secured €6M in seed financing co-led by Adara Ventures and HWK, with participation from AI-specialist fund Next Tier Ventures. Adara Ventures invests in ambitious businesses, supporting founders with the capacity, courage, and vision to execute. Over the past 20 years, the firm has invested ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/02/2025 02:43 EDT

Delft-based Groove Quantum secures €10M EIC funding to accelerate germanium-based quantum computing

Delft-based Groove Quantum, a company that develops germanium-based quantum computing technology, has obtained €10M in funding through the European Innovation Council (EIC) Accelerator programme. This includes a €2.5M grant component. The EIC selected Groove from 1,000 applicants as one of 40 deeptech startups to receive funding in Europe. The evaluation jury described Groove’s germanium qubits ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/02/2025 01:37 EDT

Amsterdam’s Balthazar raises €1.8M in pre-seed round to build the first OS for deep tech R&D labs

Amsterdam-based Balthazar, an AI-enabled platform that aims to reinvent how deep tech R&D labs run, has secured a total of €1.8M in a pre-seed funding round. The Dutch company’s initial amount came from global early-stage VC Antler and various Dutch innovation funders, followed by the latest €1.2M led by CapitalT with Antler’s participation. Bringing structure ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/01/2025 10:09 EDT

These companies raised the 10 largest funding rounds in the Netherlands in H1 2025; 6 of them are hiring now

The Netherlands is home to numerous significant startups that have developed into global players, including Booking​.com and Adyen. The country boasts an outstanding level of urban innovation and quality of life for both local entrepreneurs and immigrant talent. 2024 was the third-best funding year ever for Dutch startups, following the peak years 2021 and 2022, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/01/2025 07:11 EDT

Finland’s Steady Energy secures €32M to build the world’s first commercial nuclear heating reactor by early 2030s

Steady Energy, a Finnish nuclear tech company that aims to transform the heating industry, has completed a €32M funding round. The company reached the halfway mark of the round back in March 2025 with a €22M raise led by 92 Ventures (now rebranded as 92 Capital). The current investment saw participation from LocalTapiola (a mutual ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/01/2025 05:15 EDT

Amsterdam-based insurtech startup Surebird raises fresh funding: Know more

Amsterdam-based Surebird, an insurtech startup, has closed a fresh funding round. The investment came from the Dutch Operator Fund, Quantum Leap Capital and Bright Business. The investment brings notable industry expertise to Surebird’s advisory structure, with former Independer CEO Coen de Ruiter joining as Chairman of the Advisory Board. “Better insurance for less!” Surebird operates ... Read more Read more ›

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11.07.2025 16:07
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