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Vishal Singh @ Silicon Canals · 07/22/2024 09:48 EDT

Venture capital firm IRIS Ventures announced that it has led a €20M investment in Gothenburg-based Maurten, a Swedish sports nutrition company. “We are proud to be partnering with Maurten and congratulate Olof Sköld and the rest of the team on their continued success,” says IRIS Ventures via a LinkedIn post. Hydrogel-based sports fuels Maurten’s fuel ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2024 08:16 EDT

Berlin-based La Famiglia’s General Partner Judth Dada quits after seven year-tenure

Judith Dada, General Partner at La Famiglia, on Monday, announced her decision to leave the firm after seven years of service.  Based out of Berlin, La Famiglia is a European seed and growth-stage venture capital fund investing in technology companies that enable or disrupt large industries.  “When joining La Famiglia in 2017, I was motivated ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2024 05:56 EDT

New Kid On The Block: Here’s how Berlin’s WALLROUND aims to accelerate climate neutrality in the building sector

Climate change presents a formidable challenge that demands immediate and comprehensive action across all sectors. Among the most pressing concerns is the building industry, which contributes significantly to global carbon emissions. The construction sector is the biggest emitter of greenhouse gases, responsible for 37 per cent of global emissions. According to the United Nations Environmental ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 07/22/2024 04:02 EDT

Berlin-based TRAIT (previously Twaiv), a running training plan app, announced that it has secured €1M in a seed round of funding from HTGF, the angel club – better ventures, and other private investors. Founded in 2021 as “Twaiv”, TRAIT rebranded on July 12, 2024, to better reflect its mission of helping individuals achieve their training ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/22/2024 02:54 EDT

Polish martech startup Digital First AI secures €3.5M to automate marketing strategies with AI

Kraków, Poland-based Digital First AI, a martech startup, announced on Monday that it has secured $3.8M (approximately €3.5M) in a fresh funding round led by 4growth VC. Other investors, including Plug&Play and Sher Ventures (USA), Hub71 (UAE), and the owners of creative agency McCANN Poland, founders of 45Avenue Group, also participated. Fund utlisation The funding ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/22/2024 02:50 EDT

Rotterdam-based Speaksee, a speech recognition app designed to help hearing-impaired and deaf individuals participate in group conversations, has raised over €1M in fresh funding for international expansion and developing new inclusive technologies. The app addresses the challenge faced by hearing-impaired and deaf people in both business and private settings, where it is difficult to follow ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/19/2024 08:59 EDT

Prague VC ZAKA launches new VC fund €15M to back early-stage startups in the US and EU

Prague-based ZAKA, a venture capital firm, on Friday, announced the launch of its first regular VC fund at €15M to support early-stage startups in the US and EU.  The venture capital fund aims to invest in pre-seed and seed-staged startups across Europe (predominantly Central Europe, Baltics, UK, DACH) and the US, acting as a co-investor, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 07/19/2024 07:35 EDT

London’s GrowUp lands €45M to grow pesticide-free greens for the UK

London-based GrowUp, a vertical farm growing leafy greens in the UK, has secured a £38M (approximately €45M) investment from US-based Generate Capital. The UK-based startup looks to expand its Kent farm and meet the rising demand for its ready-to-eat salads. This funding extends Generate Capital’s partnership with GrowUp, which began in 2021 and helped GrowUp ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 07/19/2024 07:15 EDT

Are you a Windows user experiencing the dreaded Blue Screen of Death (BSOD) error? Well, you are not alone!   In a rare event, millions of Windows users and tens of thousands of organisations across the industry globally witnessed a real blackout, all thanks to a problem with Crowdstrike’s Falcon sensor. At the time of writing, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 07/19/2024 04:43 EDT

Amid bankruptcy talks, Dutch firm LioniX gets €1.5M bridge financing to ensure continuity

Enschede-based LioniX International, a photonic chip foundry, announced on Thursday that it has secured €1.5M in bridge financing from the East Netherlands Development Agency (Oost NL). “With Oost NL we will have a strategic partner providing a loan to bring the continuity to the business of LioniX International that it needs, and secure jobs for ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 07/19/2024 04:37 EDT

Amsterdam’s Storage Share acquires bankrupt peer Boxx, preserving belongings of 4000 people

Amsterdam-based Storage Share, a company that offers storage space throughout the Netherlands, has acquired the bankrupt storage company Boxx, saving the belongings of 4,000 people from being discarded. This acquisition positions Storage Share as one of the largest players in the growing self-storage market, which is becoming popular as a lifestyle choice for the new ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/19/2024 03:17 EDT

London-based Carwow Group, which operates the Carwow online marketplace as well as Auto Express, evo, Driving Electric, and Carbuyer, announced that it has raised $52M (approximately €47.77M) in a fresh round of funding.  The funds will support Carwow’s growth in the UK, Germany and Spain.  The round was led by Bessemer Venture Partners, a global ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/19/2024 02:20 EDT

Dutch-based Golden Egg Check’s VC fund raises €5M; aims to make about 35 investments 

Enschede-based Golden Egg Check (GEC), a Dutch analyst startup that tracks startups, scale-ups, and VC deals, announced on Thursday that it has raised €5M from investors. With this fund, GEC Capital I, Golden Egg Check aims to make about 35 investments in tech companies over three years. Launched in 2022, the fund now has a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/18/2024 09:45 EDT

Leiden-based ExCulture, a biotechnology startup, announced that it has secured investment in a fresh funding round. The funding round is provided by the Dutch Industrial Biotech Seed Fund, managed by the Cleantech Team of Capricorn Partners, and Medtech TTT, a national platform managed by Innovation Industries. This funding announcement comes around a year after securing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/18/2024 07:44 EDT

Berlin’s Grover secures €50M in bridge financing to accelerate circular economy in tech rentals

Berlin-based Grover, a consumer-tech subscription platform, announced on Wednesday that it has completed a bridge financing round, raising a total of €50M. This financing round includes the Cool Japan Fund (CJF), a public-private fund from Japan, as well as the existing investors, including Energy Impact Partners, Korelya, Augmentum, and Circularity Capital. Out of the total, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/18/2024 06:45 EDT

Amsterdam-based NewPort Capital BV, an independent private equity firm focused on investing in Dutch companies, has announced the first close of its third fund, NewPort Buyout Fund III Coöperatief U.A. The Fund received backing from a diverse group of longstanding institutional investors, including endowments, family offices, and entrepreneurs, while also welcoming several new investors. Melvin ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/18/2024 04:43 EDT

The European Innovation Council (EIC), announced on Monday, July 15 that it has selected 68 companies for funding (combining grants and equity), following the first 2024 EIC Accelerator cut-off in March.  Out of 969 companies that submitted a full proposal, 347 were interviewed by juries of experienced investors and entrepreneurs. The jury then selected the ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/18/2024 04:03 EDT

Rotterdam-based Nearfield Instruments, a developer of Metrology & Inspection (M&I) solutions for the semiconductor manufacturing industry, has closed a €135M Series C funding round.  The oversubscribed round saw investment from new investors including US-based VC firm Walden Catalyst and global investor Temasek, alongside co-investor M&G Investments. Existing investors Innovation Industries, Invest-NL, and ING also contributed. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/18/2024 03:41 EDT

Amsterdam-based Sijthoff Media, a cross-media publisher of news and creative content, announced on Wednesday, July 17th that it is strengthening its leadership team. Myrthe van der Erve will assume the role of Chief Operating Officer (COO) from September 1st to enhance collaboration between the various brands and expedite the integration of activities. Myrthe van der ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/18/2024 02:58 EDT

Aarhus-based Landfolk, a Danish platform and community for handpicked second homes, announced that it has secured €10.3M in a Series A round of funding from EIFO alongside SEED Capital and Heartland.  The funds will support Landfolk’s European market expansion, product innovation, and brand-building efforts. The company aims to become a leading lifestyle brand in the ... Read more Read more ›

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