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31.03.2025 − 06.04.2025
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 04/04/2025 06:47 EDT

Birmingham’s Grid Edge raises €3.3M to help businesses navigate energy price volatility

Birmingham-based Grid Edge, a company developing AI-powered software to reduce carbon emissions and energy costs in commercial buildings, has raised over £2.8M (approximately €3.3M) in funding. The funding round was led by Mercia Ventures, which was investing from the Midlands Engine Investment Fund II and its own EIS funds. Mercia Ventures is a proactive venture ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/26/2025 05:00 EDT

Marseille-based GravitHy secures €60M to advance low-carbon iron production and steel decarbonisation

Marseille-based GravitHy, a sustainable iron company, has completed a €60M funding round.  The investment attracted new backers, including Japan Hydrogen Fund, Marcegaglia, Ecolab (through Nalco Dutch Holding), Rio Tinto, and Siemens. Existing investors Engie New Ventures and InnoEnergy also contributed additional funding. Keiichi Suzuki, Japan Hydrogen Fund’s Partner and Head of Renewables & Sustainability, says, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/26/2025 04:39 EDT

Austrian firm Boxbase secures six-figure funding to power up CrossFit gym management

Vienna-based Boxbase, a gym management software for CrossFit boxes, has secured a six-figure pre-seed funding round led by Johannes Moser, co-founder of Immerok (acquired by Confluent). Angel investor Joe Moser says, “​There are many startups more glamorous than Boxbase, but I’ve rarely seen such a humble and driven founding team working relentlessly on a product ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/26/2025 02:56 EDT

Germany’s AMBOSS secures €240M to strengthen medical knowledge and support healthcare professionals

Berlin-based AMBOSS, a medical education and clinical decision-making platform, has closed a €240M financing round.  The investment includes new long-term investors and will support the company’s expansion into additional international markets. AMBOSS also plans to extend its offerings to nurses and other healthcare professionals. New long-term investors AMBOSS has changed its legal structure to a ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/25/2025 09:17 EDT

Berlin-based “Swiss Army Knife” of workflow automation platforms n8n secures €55M funding

Berlin-based n8n, a workflow automation platform, has secured €55M in a Series B funding round led by Highland Europe with participation from HV Capital and previous investors Sequoia, Felicis, and Harpoon. Highland Europe invests in exceptional growth-stage technology and consumer companies. It has raised over €2.75B and has invested in companies such as Adjust, AMCS, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/25/2025 06:56 EDT

PostNL unveils limited edition NL Crypto Stamp Safe Dragon with blockchain tech: Know more

The Hague-based PostNL, a postal and package service, announced that it has launched the NL Crypto Stamp Safe Dragon. This latest offering in the popular crypto stamp series comes in two variants—Magic Book and Treasure—developed in collaboration with Österreichische Post. The stamp utilises blockchain technology, allowing customers to engage with their mail in an entirely ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/25/2025 06:42 EDT

France-based Daphni secures €200M for Blue Fund to support around 40 startups: Know more

Paris-based Daphni, a mission-driven venture capital firm and certified B Corp, has announced the first closing of its new fund, Blue, at €200M. The Blue Fund aims to support around 40 startups working on sustainability by integrating science, software, and hardware. It focuses on helping European scientific innovations transition from research to market. Daphni has ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/25/2025 04:51 EDT

Cardiff-based Burbank secures €5.9M to transform online payments with tap-and-PIN technology

Cardiff-based Burbank, a payments technology company, has raised £5M (nearly €5.98M) in a seed round. The round was led by Mouro Capital, with participation from Anthemis (supported by Foxe Capital), Portfolio Ventures, and others. Manuel Silva Martinez, General Partner at Mouro Capital, says, “I’m thrilled to support Justin and his team of payments experts.” “Burbank ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 03/25/2025 04:00 EDT

German startup ai|coustics hits high notes with €5M to fix poor audio with Generative AI: Here’s how

Berlin-based ai|coustics, a specialist in Generative Audio AI, has secured €5M in a seed funding round led by Partech. Based out of Paris, Partech is a global tech investment firm that supports entrepreneurs from the seed to the growth stage. With €2.5B in assets under management, Partech has a portfolio of 220 companies, spread across ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 03/25/2025 03:53 EDT

Antwerp-based ClimateCamp secures €3.5M to tackle Scope 3 Emissions with AI-powered platform

Antwerp-based ClimateCamp, a climate tech startup, has raised €3.5M in a seed round led by Expon Capital. Expon Capital is a venture capital firm that provides seed & scale-up funding to build high-impact, tech-driven companies. “We’re investing in ClimateCamp because tackling Scope 3 emissions is one of the biggest challenges in sustainability, and they’ve built ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 03/25/2025 02:42 EDT

CCIT acquires Komplex IT to strengthen leadership in Denmark’s IT sector: Know more

Odense-based CCIT, a Danish supplier of IT, document, print and copy solutions, is acquiring Denmark’s IT company Komplex IT as part of its growth strategy. CCIT, founded in 2020, is an IT company with a local presence across Denmark. It provides IT infrastructure, managed services, Microsoft solutions, document solutions, and consulting. CCIT serves SMEs, large ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/24/2025 10:33 EDT

Paris-based RockFi, a fintech company focused on private wealth management, has raised €18M in a Series A funding round led by Partech. As a part of the funding round, Philippe Collombel, co-founder and General Partner at Partech is joining the RockFi board of directors. “We are delighted to support RockFi in this new phase of ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/24/2025 08:23 EDT

Women-Led THENA Capital launches €60M fund to back early-stage UK medtech startups

London-based THENA Capital, a venture capital firm investing in early-stage medical technology, has officially launched its Fund I with a first close at £27M (approximately €32M) of its £50M (approximately €59.7M) targeted fund. The fund was backed by Firebird Collective, This Day Foundation, Baroness Martha Lane Fox, and other individuals from private equity and pharma ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/24/2025 08:00 EDT

Italian startup Cassandra.app raises €2M to improve advertising strategies with AI: Know more

Milan-based Cassandra.app, an AI-powered platform focused on media mix performance and advertising ROI, has raised €2M in a seed funding round. The round was led by Italian Founders Fund, with participation from PitchDrive, Webranking, Mana Ventures, Lorenzo Lato, and Marco di Pietro. An AI budget allocator Founded in 2023 by Gabriele Franco and his team, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 03/24/2025 06:26 EDT

Leuven-based Augustine Therapeutics raises €77.7M to advance neuromuscular drug development

Leuven, Belgium-based Augustine Therapeutics NV, a biotechnology company, has secured €77.7M in an oversubscribed Series A funding round co-led by Novo Holdings and Jeito Capital. Existing investors, including Asabys Partners, Eli Lilly and Company, AdBio partners, V-Bio Ventures, PMV, VIB, Gemma Frisius Fund, the US-based Charcot-Marie-Tooth (CMT) Research Foundation and Newton Biocapital, participated in the ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 03/24/2025 06:03 EDT

Notion Capital launches ‘Upstarts’ to support the next generation of startup leaders

London-based Notion Capital, an early-stage B2B SaaS venture capital firm, has launched “Upstarts”, an intensive 10-week remote programme for “top 1 per cent of up-and-coming” operators. The programme features sessions led by executives, mentorship from investors, and access to a global industry network. Backed by Sage, Canva, VC Talent Lab and Latham & Watkins, Upstarts ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 03/24/2025 04:14 EDT

Tallinn-based Bolt acquires Danish taxi startup Viggo: Know more

Tallinn-based Bolt, a transportation platform providing ride-hailing, micromobility, and food delivery services in Europe, announced that it has acquired Danish taxi startup Viggo for an undisclosed sum. Founded in 2019, Viggo is electrifying urban mobility with ultra-fast EV chargers and EV-based ride-hailing. The company has 300 electric cars and 450,000 users in Copenhagen and Aarhus. ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/24/2025 04:04 EDT

Amsterdam’s ASIF Ventures and Tulip Ventures launch XLerate, a startup incubator for students: Know more

Amsterdam-based ASIF Ventures, a student-run venture capital firm, and Tulip Ventures, a startup student association, have launched XLerate, an eight-week incubator for students and recent graduate founders.  The programme includes mentorship, workshops, and access to Amsterdam’s startup ecosystem. It concludes with PitchXL, the city’s largest student pitch competition. Support for young founders in Amsterdam XLerate ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 03/22/2025 05:04 EDT

In other news this week: BayWa r.e. secures €435M, evroc gets Europe’s largest Series A funding, Sofinnova Partners raises €165M and more

With a slew of tech announcements dominating the headlines recently, it’s been easy to overlook some equally important stories happening elsewhere. But don’t worry — we’ve got you covered! To make sure you stay informed, we’ve compiled a list of noteworthy stories that may have flown under the radar this week. Give it a read ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 03/22/2025 00:44 EDT

After Foundry, US firm Regent acquires TechCrunch from Yahoo

TechCrunch now has a new owner! Yahoo, on Friday, agreed to sell its 20-year-old technology news website, TechCrunch, to California-based media investment firm Regent. The deal for TechCrunch is expected to close in the coming weeks. Terms were not disclosed. In a LinkedIn post, Matt Burns, Editorial Director, and Co-founder, expressed that the platform’s future ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 03/21/2025 10:06 EDT

AI Tool of the Week: How Bonnie is saving restaurants from “Sorry, I Missed Your Call” disasters

Voice AI is transforming several industries by making communication more efficient and accessible. From customer service to healthcare, thousands of businesses globally are integrating AI-powered voice assistants to handle calls, provide automated responses, and streamline operations. Whether it’s helping a bank answer customer queries or assisting patients in booking appointments, voice assistants powered by AI ... Read more Read more

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08.04.2025 09:09
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