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Vigneshwar Ravichandran @ Silicon Canals 1 place · 11/15/2025 03:55 EDT

In other news this week: Vendep Capital closes €80M,  T-Therapeutics secures€27.5M, Scripta Therapeutics bags €10.3M and more

The past week, as usual, has been busy across the startup world. New funding rounds, fresh partnerships, and a handful of acquisitions have been announced almost every day. With so much happening at once, keeping track of everything is nearly impossible, and it’s easy for important updates to slip by unnoticed. Vendep Capital closes €80M ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 11/14/2025 09:45 EDT

AI Tool of the Week: Dutch startup Insify introduces SmartGuide to help self-employed choose disability insurance through human-like chat

In this edition of “AI Tool of the Week”, let’s explore Insify’s latest AI assistant that turns complex disability insurance decisions into quick, guided conversations. The vast majority of self-employed professionals in the Netherlands are at risk since they are not insured against occupational disability. On top of that, finding the right disability insurance and ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/14/2025 07:49 EDT

Belgium’s LIFEPOWR secures €5.6M to expand its smart energy and Virtual Power Plant tech in Europe

Antwerp-based LIFEPOWR has secured €5.65M to expand its energy platform and strengthen its role in energy markets. Antwerp-based LIFEPOWR, an energy tech company, has raised €5.65M in growth capital to support expansion in Europe. The round was led by Noshaq and SPDG, with participation from ROM InWest and existing shareholders. The company develops technology that ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 11/14/2025 06:57 EDT

UK government drops proposed exit tax after pushback from tech founders

The UK government drops a planned exit tax following strong opposition from the tech community, keeping the measure out of the upcoming Autumn Budget. The UK’s proposed exit tax, which would have charged business owners moving their companies abroad, has been officially dropped from the upcoming Autumn Budget. Chancellor Rachel Reeves has ruled out including ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/14/2025 05:29 EDT

Swedish firm Modvion secures EU Backing to scale wooden wind turbine towers with €39.1M grant

Modvion wins EU support to build wooden wind turbine towers, with funding of up to €39.1M to boost clean energy manufacturing in Europe. Gothenburg, Sweden-based Modvion, a wood technology company, has been chosen by the European Commission to proceed with Grant Agreement Preparation through the Innovation Fund. The grant, which can be as much as ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 11/14/2025 04:35 EDT

Belgian cleantech firm ARK Capture Solutions leads €5.6M project to cut industrial CO2 pollution

ARK Capture Solutions leads a €5.6M Walloon project to test new CO₂ capture technology and help factories cut emissions at the chimney. Wallonia, Belgium-based ARK Capture Solutions, a cleantech company, along with a consortium of industrial and scientific pioneers, has launched a €5.6M project called CO₂ DISRUPT. “This project demonstrates that Wallonia can be at ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 11/14/2025 04:14 EDT

Building the Future: How AI transforms the developer workflow

Software development has always been driven by skill, focus, and patience. Every product, no matter how simple it looks on the surface, takes long hours of writing code, testing, fixing issues, improving features, and ensuring it performs well. But something has quietly reshaped this familiar routine. Artificial intelligence is no longer an optional tool or ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 11/14/2025 03:55 EDT

The Hague-based Weco raises €600K to “turn waves into watts”

Hague-based Weco secures €600K to continue its work on wave-energy systems and prepare for future development with support from partners. The Hague-based Weco, a company working on wave-energy technology, has secured €600K in new funding. The round includes contributions from the Netherlands Enabling Water Technology fund (NEW-ttt), Init Power B.V., and investor Cyriel de Jong. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/14/2025 03:24 EDT

Dutch consortium receives €30M boost to accelerate long-duration battery innovation

A Dutch consortium secures major support to develop sustainable long-duration battery systems, boosting renewable energy storage and national energy resilience. A large R&D initiative focused on battery technology for the long-term storage of renewable electricity has been announced in the Netherlands. The SLDBatt project has received over €20M in subsidies from RvO, bringing the total ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/14/2025 02:29 EDT

North Brabant and industry partners invest over €4M in circular chip production

North Brabant and industry partners are investing more than €4M into a coalition for circular chip production. The province of North Brabant, in collaboration with the business community, has announced an investment of just over €4M in the chip sector. The funding is part of the Circular Semiconductor Innovation Coalition (ICCS), which aims to support ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/13/2025 12:44 EDT

What’s in a name: How a summer cafe scribble inspired the identity behind supply chain startup OAASIS

In this edition of “What’s in a name”, let’s explore how the founders of OAASIS transformed a simple idea into a brand identity that reflects relief, clarity, and a fresh approach to supply chain management for SMEs. In today’s world, small and mid-sized companies (SMEs) struggle to manage their supply chains efficiently. The tools and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/13/2025 09:21 EDT

Germany’s FMC raises €100M to commercialise next-gen memory chips for AI and data centres

German chip startup FMC secured €100M to scale its new DRAM+ technology, designed to make computers and AI systems run faster and more efficiently. Dresden, Germany-based FMC, a semiconductor and memory chip company, has raised €100M, out of which €77M in equity comes from an oversubscribed Series C financing round led by HV Capital and ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/13/2025 07:42 EDT

Sweden’s Einride takes the SPAC route with $1.8B deal for NYSE listing: Know more

Einride, the Swedish company specialised in autonomous freight technology, has announced that it will go public through a business combination with Legato Merger Corp. III. Stockholm-based Einride, a freight technology company providing digital, electric and autonomous shipping for road freight, has announced plans to go public on the NYSE (New York Stock Exchange) through a ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/13/2025 06:51 EDT

London-based Backed VC closes $100M fund and makes its 100th investment

Backed VC has closed its third fund at $100M (€86M) and reached 100 investments, continuing to back early-stage founders in frontier technology. London-based venture capital firm Backed VC has closed its third fund, Backed 3, at its $100M (nearly €86M) cap. The milestone coincides with the firm completing its 100th investment. Backed VC supports founders ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/13/2025 06:21 EDT

London-based unicorn Zilch raises €150.6M to grow its payment services and launch new products

London-based Zilch has raised nearly €150.69M after recently introducing services aimed at improving payments and retailer engagement. London-based Zilch, a consumer payments platform, has raised $175M (nearly €150.69M) through a mix of debt and equity financing.  The round was led by investment group KKCG, with participation from BNF Capital and several other strategic investors.  The ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/13/2025 06:16 EDT

Amsterdam’s Carbon Equity expands shareholder base with prominent German and Swiss entrepreneurial families and industry leaders: Here’s why

Amsterdam’s Carbon Equity expands its investor base with leading German and Swiss family offices and industry leaders, strengthening its European climate-tech strategy. Amsterdam-based Carbon Equity,  an investment platform for financing climate solutions, has announced that three prominent German entrepreneurial families. They are Aurum Impact HQ: Munich Founded in 2023, Aurum Impact is an impact investing ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/13/2025 03:53 EDT

Milan-based CommerceClarity raises €2.7M to help online stores manage products with AI

Milan-based CommerceClarity has raised €2.7M to grow its AI-driven e-commerce platform and extend its operations internationally. Milan-based CommerceClarity, a composable AI operating system for e-commerce, has secured €2.7M in a pre-seed funding round.  The round was led by IFF (Koinos Capital) and Entourage, with participation from Redstone, Euregio+ (Alpine VC), Vento, Ithaca Investment, and Vesper ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 11/13/2025 03:50 EDT

“I don’t want a hostile battle”: Bird CEO Robert Vis questions CM.com’s €4.90 share issue, reiterates €5.16 cash offer

Bird founder says takeover remains non-hostile as CM.com issues new shares below proposed offer. Bird founder and CEO Robert Vis has reaffirmed that Bird’s interest in CM.com is strictly non-hostile, as he responds to CM.com’s announcement of issuing 1,020,408 new ordinary shares at €4.90 per share to a single investor. “Before any public announcement, I ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/13/2025 02:06 EDT

Belgium’s Azumuta raises €8M led by Amsterdam’s Keen Venture Partners: Know more

Ghent-based Azumuta has secured €8M. The company helps manufacturers streamline shop floor operations through digital tools and AI-driven solutions. Ghent-based Azumuta, a manufacturing software company, has raised €8M in a Series A funding round to expand its operations internationally and advance the development of its platform. Azumuta develops software that supports digital work instructions, quality ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 11/13/2025 01:24 EDT

Dutch-based Partnify secures €1.8M to fix collaboration chaos for Europe’s SMEs: Exclusive interview with CEO and co-founder Jens Visser

Dutch startup Partnify, the online business platform that streamlines project collaboration between companies, has raised €1.8M in funding. Zwolle, the Netherlands-based Partnify, an online platform that facilitates collaboration between multiple companies and teams, has raised €1.8M in funding. The investment round was led by European venture capital firm Hi inov (marking its first investment in ... Read more Read more ›

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