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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/22/2025 09:54 EDT

German unicorn 1KOMMA5° files EU complaint against government’s plan to subsidise gas-fired power plants

German clean energy firm 1KOMMA5° takes the government to the EU over gas subsidies. Here’s what both parties have to say. Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, has officially filed a complaint with the European Commission (EC) against the German government’s planned power plant strategy. According ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/22/2025 07:56 EDT

London-based Saturn secures €12.9M to make financial advice easier and more reliable with AI

Saturn has secured new funding to advance its AI technology and expand its operations in financial advice compliance. London-based financial advice company Saturn has raised $15M (nearly €12.94M) in a Series A funding round. The investment was led by European VC firm Singular, with participation from Shapers, Y Combinator, and Zeno Ventures. Capital utilisation Amal ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/22/2025 07:51 EDT

Helsinki’s Hostaway becomes the world’s first short-term rental unicorn

Finland’s Hostaway, an all-in-one vacation rental software and management system, has announced that it is the world’s first short-term rental (STR) property management system (PMS) to achieve unicorn status. Helsinki-based Hostaway, an all-in-one vacation rental software and management system, has announced that it is the world’s first short-term rental (STR) property management system (PMS) to ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/22/2025 07:07 EDT

Dutch quantum boom: Nation ranks second worldwide in quantum science, funding jumps 1600%

The Netherlands ranked world’s second in quantum technology innovation; investment soars from €10M to €160M in just six years, reveals this report. The Netherlands is now the second-best country in the world for quantum computing, sensing, and communication. Investment in Dutch quantum companies has grown significantly, increasing from €10M in 2019 to €160M by 2025, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/22/2025 04:46 EDT

French-Italian startup Volta secures additional €5M to bridge the B2B digital gap with AI

French-Italian startup Volta has secured an additional €5M to develop a platform aimed at supporting B2B companies in digital processes. French-Italian startup Volta, an intelligent automation platform, has raised an additional €5M, extending its total funding to €11M. This follows the company’s initial funding of €6M raised less than a year ago. The round was ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/22/2025 04:40 EDT

After achieving profitability, Austrian firm refurbed raises €50M funding 

Austrian online marketplace refurbed has secured funding in the latest round. However, the founders didn’t disclose the names of the investors. Vienna-based refurbed, an online marketplace for refurbished products, has secured €50M in its latest funding round. However, the founders didn’t disclose the names of the investors. The funding comes at a time when the ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/22/2025 03:03 EDT

Glasgow’s Chemify raises €43M to digitise molecule creation using AI

Scottish firm Chemify, a deep-tech company fusing chemistry, robotics, and AI computation, has raised funding in an oversubscribed Series B round. Glasgow-based Chemify, a deep-tech company blending chemistry, robotics, and computation, has raised over $50M (approximately €43M) in an over-subscribed Series B funding round. The round was co-led by Wing Venture Capital and Insight Partners, ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/22/2025 02:52 EDT

Amsterdam’s BigCircle Ventures secures €2M to help build new cleantech startupsAmsterdam’s BigCircle Ventures secures €2M

Amsterdam-based BigCircle Ventures has raised €2M in funding to expand its work in building cleantech startups. Amsterdam-based BigCircle Ventures, which aims to be the world’s leading cleantech venture builder, has completed a €2M funding round. The round brings in more than 10 new investors, including Oost NL and Alphatron Group BV. Oost NL will work ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/21/2025 10:22 EDT

Why industrial startups don’t fail because of ideas – but because of manufacturing

Launching a startup in the industrial sector is not just a marathon, it’s a hurdles race. Unlike software or service-based ventures, where digital skills and agile pivots often determine success, industrial startups face a unique set of challenges. Think: hardware constraints, regulatory requirements, long sales cycles, and customers who value reliability over rapid iteration. In ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 09:16 EDT

Germany’s Enpal secures €700M ABS facility with M&G for residential solar and heating loans

Berlin-based Enpal partners with M&G in a €700M deal to make solar panels and heat pumps more affordable for European homes. Berlin-based Enpal, a provider of residential solar energy in Europe and the biggest heat pump provider in Germany, has created a €700M asset-backed securities (ABS) warehouse in partnership with UK investment manager M&G. “Our ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/21/2025 08:17 EDT

Dutch truck-services platform TRAVIS acquired by Germany’s Knorr-Bremse: Know more

Tilburg-based TRAVIS Road Services, a Dutch platform for booking, paying, and managing truck services, has been acquired by Knorr-Bremse. Tilburg-based TRAVIS Road Services, a Dutch platform for booking, paying and managing truck services, has been acquired by Knorr-Bremse, a Berlin-based supplier of braking systems and technology for rail and commercial vehicles.  A digital platform for ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 08:06 EDT

UK’s General Index raises €8.6M to redefine global commodity and energy pricing

Molten Ventures announced that it has invested €8.6M funding in Series A extension round in General Index (GX), a London-based energy price benchmark provider. London-based General Index, an energy price benchmark provider, has secured $10M (approximately €8.6M) in a Series A extension round investment from Molten Ventures. Molten Ventures is one of the most active venture capital ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 06:52 EDT

The A-Z of the AWS outage: What happened, why and what’s next

Amazon Web Services,  a cloud computing provider, experienced an hour-long outage, causing major disruption across the globe. Amazon Web Services,  a cloud computing provider that hosts many of the world’s most-used online services, experienced an hour-long outage, causing major disruption across the globe. However, the company acknowledged it and said engineers were immediately engaged to ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/21/2025 05:20 EDT

Helsinki-based Lifeline Ventures launches €400M Fund VI to back Europe’s next unicorns

Helsinki-based Lifeline Ventures has launched its sixth fund to continue supporting early-stage startups and founders across Europe. Helsinki-based Lifeline Ventures, a sector-agnostic early-stage VC firm, has announced the launch of Fund VI, a €400M vehicle aimed at supporting Europe’s next generation of startups. The firm claims to have delivered top-quartile returns and was the first ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 04:26 EDT

Zurich’s Chipmind emerges from stealth with €2M to bring AI agents to chip design

Chipmind, a Zurich-based startup creating AI tools to improve microchip development, has launched after a period of stealth. Zurich-based Chipmind, a startup building AI agents to accelerate the development of microchips, announced its launch from Stealth, along with $2.4M (approximately €2M) in its pre-seed round. Founderful led the funding round with the participation of prominent ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/21/2025 03:12 EDT

Dutch watertech startup HULO raises €2.3M to use AI for detecting water leaks

HULO, a Dutch watertech startup, has raised a new round of funding to support its growth and technology development. Leeuwarden-based HULO, a Dutch watertech startup that applies AI to detect leaks in water infrastructure, has raised €2.3M in a seed funding round. The funding will support the company’s global expansion. The round was led by ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/21/2025 02:00 EDT

Amsterdam-based Hydryx raises €2.5M to turn trash into clean power

Dutch climate tech startup Hydryx has raised capital in seed funding to expand its innovative methane-capture technology across Europe. Amsterdam-based Hydryx, a climate tech startup combating methane emissions from landfills, has secured €2.5M in a seed funding round to accelerate its expansion into Europe. The round was led by impact investor Marcel Smits and venture ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/20/2025 05:52 EDT

London-based CoMind raises €87.8M to advance AI-powered, non-invasive brain monitoring

UK-based CoMind secures €87.8M to develop technology to monitor and treat the brain without invasive procedures. London-based CoMind, a company transforming brain healthcare with its non-invasive technology, has secured $102.5M (nearly €87.88M) in funding. The company plans to complete clinical trials, pursue regulatory approval in the US, and expand its team. The funding round was ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 10/20/2025 03:45 EDT

Dutch-based GIGA Storage unveils Giraffe, Amsterdam’s largest energy storage project

GIGA Storage launched its third large-scale energy storage project in Amsterdam’s Western Port Area to boost grid reliability and support clean power. Amstelveen-based GIGA Storage, an energy company that develops and deploys large-scale energy storage projects, announced that it has officially opened its third large-scale energy storage project — Giraffe. Located in Amsterdam’s Western Port ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 10/20/2025 03:04 EDT

After EIF’s €40M, Amsterdam’s Keen Venture Partners lands another €40M from PME Pensioenfonds for defence fund

Amsterdam’s Keen Venture Partners secures another €40M from PME Pensioenfonds for its defence fund to strengthen Europe’s strategic autonomy. The Hague-based PME Pensioenfonds announced that it is investing €40M in Amsterdam-based Keen Venture Partners’ European Defence and Security Tech Fund. The announcement comes around five months after raising €40M investment from the European Investment Fund ... Read more Read more ›

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