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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/17/2024 10:07 EDT

EIT InnoEnergy tops up its €140M private placement; adds 3 new investors

Eindhoven-based EIT InnoEnergy, an innovation engine for sustainable energy across Europe, announced on Wednesday, that three new investors are joining its cap table as shareholders. The new investors are: The new shareholders have expanded EIT InnoEnergy’s investor base, adding to the 2023 private placement round of over €140M in fresh equity. Fund utilisation The use ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/17/2024 07:14 EDT

Amsterdam-based Quatt bags €25M to install 3M smart heat pumps within 2030

Amsterdam-based Quatt, a technology scale-up that develops a hybrid heat pump, announced on Wednesday that it has secured €25M in a growth equity funding round led by Blue Earth Capital, with participation from Seaya Andromeda and existing investor Impact Equity Fund. The announcement comes as the Dutch company experienced rapid growth over the past two ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/17/2024 06:09 EDT

Copenhagen-based Again, a carbon utilization company capturing carbon dioxide (CO₂) and turning it into valuable chemicals, announced on Wednesday that it has raised $43M (approximately €39M) in a Series A funding round co-led by GV and HV Capital. The funding round also included participation from Kompas VC, EIFO – Denmark’s Export and Investment Fund, ACME ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/17/2024 05:00 EDT

CultureAI raises €9M: Founder & CEO James Moore on how the UK startup aims to mitigate employee security risks

Manchester-based CultureAI, a human risk management platform, announced on Wednesday that it has secured $10M (approximately €9M) in a Series A funding round led by Mercia Ventures and Smedvig Ventures. Existing investors, including Passion Capital and Senovo, also participated in the round. The UK company will use the funds to invest in the evolution of ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 07/17/2024 04:48 EDT

UK-based Bioniq secures €13.7M to disrupt the dietary supplement market

London-based Bioniq, a company that claims to make the world’s most personalised supplements based on blood biomarker data, has announced the close of a $15M (nearly €13.74M) Series B funding round. The company’s valuation now stands at $75M (nearly €68.73M). The oversubscribed round was led by principal investors HV Capital and Unbound. David Kuczek, General ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 07/17/2024 03:00 EDT

UK-based VC firm 13books Capital closes new €144M fintech fund

London-based 13books Capital, a venture capital firm investing at the late Seed and Series A stage, announced that it has closed a £121M (approximately €144M) fund aimed at supporting the next-gen fintech disruptors, despite a challenging fundraising environment. The new fund is backed by British Patient Capital, Kreditanstalt für Wiederaufbau (KfW), Isomer Capital, and IPGL. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/17/2024 02:50 EDT

CultureAI raises €9M: Founder & CEO James Moore on how the UK startup aims to mitigate employee security risks

Manchester-based CultureAI, a human risk management platform, announced on Wednesday that it has secured $10M (approximately €9M) in a Series A funding round led by Mercia Ventures and Smedvig Ventures. Existing investors, including Passion Capital and Senovo, also participated in the round. The UK company will use the funds to invest in the evolution of ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/17/2024 02:00 EDT

UK-based Xapien secures €9.52M to enhance its AI-powered due diligence platform

London-based Xapien, an AI due diligence provider, announced that it has completed a £8M (nearly €9.52M) Series A funding round led by YFM Equity Partners, bringing its total funding to £14M (nearly €16.63M). James Savage, Partner at YFM, says, “Xapien’s innovative technology is gaining impressive commercial traction in an exciting market, and it has already ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/16/2024 09:31 EDT

London-based Huma, a global healthcare AI company, announced on Tuesday that it has secured $80M (approximately €73.3M) in a Series D funding round. New and existing strategic and financial investors, including AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures, and Leaps by Bayer, participated in Series D. With this round, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/16/2024 08:42 EDT

Dutch entrepreneurs led by Imker Capital acquire Centric Holding’s subsidiaries: Know more

Gouda, the Netherlands-based Centric, a company specialised in offering a wide range of IT solutions and services, on Monday, July 15, announced the acquisition of Centric Holding’s subsidiaries by a consortium of Dutch IT services entrepreneurs led by Imker Capital Partners. The consortium is comprised of Adriaan Mol, the founder of Mollie and Bird, Ronald ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/16/2024 05:25 EDT

Amsterdam-based BUX Holding B.V. has sold its UK subsidiary, BUX Financial Services Limited (BFS), to Asseta Holding, the parent company of UAE-based APM Capital.  BFS, licensed by the Financial Conduct Authority (FCA), offers Contracts for Difference (CFDs) and spread betting to retail and professional clients. BUX Holding B.V. offers a trading platform through its subsidiaries, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/16/2024 04:27 EDT

French startup Presti raises €3.2M to help furniture industry with AI-generated product photography

Paris-based Presti, a startup specialising in AI-generated product photos, announced on Tuesday that it has closed $3.5M (approximately €3.2M) in a Seed round led by Partech. Various angel investors, including Thibaud Elzière, Maxime Brousse, Abou Laraki, Rémi Lemonnier, and Julien Hirth, also participated in the round.  The latest funding will help Presti expand its reach ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 07/16/2024 03:43 EDT

UK’s female-founded tech startup Hey Savi raises €2.61M to transform online fashion shopping

London-based Hey Savi, a new fashion search and recommendation platform, has secured £2.2M (approximately €2.61M) in a pre-seed round of funding. According to the startup, this funding round is one of the largest pre-seed raises by an all-female-founded UK tech startup. Hey Savi is backed by an “industry-leading” advisory board featuring Gareth Jones, CMO at ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 07/16/2024 03:00 EDT

Germany’s One Data secures €32M to scale its data product management platform

Munich-based One Data, a data management software company, announced the completion of its €32M Series B extension round. The funding was co-led by Vsquared Ventures, Molten Ventures, and HV Capital.  One Data offers an AI-powered Data Product Builder and aims to become the leader in Data Product Management. The company serves blue-chip customers like BioNTech, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/16/2024 02:26 EDT

Munich-based WorkerHero raises €4M to tackle skills shortage with AI

Munich-based WorkerHero, a recruitment technology startup, announced on Tuesday that it has raised €4M in a Series A funding round led by Mediahuis. Existing investors, including 10x Founders and Bonsai Partners, also participated in the round. Fund utilisation The German company will use the capital injection to scale further and enter new industries. In an ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/15/2024 09:50 EDT

Amsterdam’s Marktlink Capital closes second VC Fund-of-Funds at €80M: Know more

Amsterdam-based Marktlink Capital, an investment company, announced on Monday, that it has closed the subscription for its second venture capital fund-of-funds in six months, securing €80M in capital from approximately 150 private investors. This second fund follows the success of the first fund launched in 2022, which was fully subscribed within six months. A significant ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/15/2024 07:47 EDT

Amsterdam’s VanMoof launches global initiative to help riders who ordered a bike with the old company but didn’t receive it

Amsterdam-based VanMoof, an e-bike manufacturer, on Monday, announced a global initiative to help riders who ordered a bike before the bankruptcy and never received it. The company offers a €1000 / $1000 / £850 discount code off a VanMoof S5, A5, or future product to riders affected by this issue. Due to the old VanMoof’s ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/15/2024 07:00 EDT

Munich-based Ryte, a Website User Experience (WUX) platform, has been acquired by Semrush, an online visibility management SaaS platform. This acquisition aims to combine the strengths and expertise of both companies to enhance their solutions for customers.  Ryte is a SaaS company that helps businesses and agencies optimise Website User Experience through SEO, Quality Assurance, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/15/2024 05:55 EDT

Tinder’s ex-employees founded LegalFly secures €15M from Notion Capital, others to democratise legal services through AI

Ghent, Belgium-based LegalFly, a legal AI platform, announced on Monday that it has raised over €15M in Series A funding led by Notion Capital, with participation from redalpine and Fortino Capital. The company will use the investment to accelerate its growth plan, tripling its current team by year’s end and upgrading feature development. The funding ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/15/2024 05:20 EDT

Belgian medical device firm Bedal raises €10.2M to expand its FlexGRIP catheter securement devices

Diepenbeek-based Bedal International, a Belgian medical device company specialising in next-gen catheter securement solutions, has closed a €10.2M funding round. The investment will support the company’s ongoing global growth. The round was led by Belgian medtech VC fund White Fund, and SFPIM, the sovereign wealth fund of Belgium. US-based medtech investors, along with existing investors ... Read more Read more

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25.11.2024 01:53
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