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18.11.2024 − 24.11.2024
Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 11/22/2024 03:22 EDT

Swedish ‘flying ferry’ startup Candela secures additional €13.3M; charts course for US market

Stockholm-based Candela, a company specialising in hydrofoiling electric boats and ferries, has finalised its Series C funding round, raising an additional $14M (approximately €13.34M) to surpass $40M in total funding for 2024.  The capital will support scaling production to meet growing demand for its electric watercraft, including the Candela P-12. The P-12 has been sold ... Read more Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 06/04/2024 06:27 EDT

Deutsche Bank dabbles in crypto; partners with fintech unicorn Bitpanda

Vienna-based Bitpanda, a fintech unicorn, announced on Tuesday that it has partnered with Deutsche Bank. “For the first time, a major international bank has partnered with a crypto company to deliver this integration,” says Eric Demuth, CEO of Bitpanda. This partnership will provide real-time payment services, including local IBANs for German Bitpanda users.   The partnership […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/04/2024 06:03 EDT

Germany’s re:cap secures €13.4M, unveils new SaaS platform for investors, businesses

Berlin-based re:cap, a company that operates a financing and data insights platform, has closed $14.6M (approximately €13.41M) in its Series A round of funding, launching its software as a service (SaaS) platform. The round was led by Entrée Capital and included participation from existing investors Felix Capital and Project A. Avi Eyal, Managing Partner at […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 06/04/2024 04:05 EDT

Dutch-based Neople bags €6M to create AI co-workers for e-commerce customer support teams: Exclusive interview with cofounder & CEO Hans de Penning

The Netherlands-based Neople, the software solution company that creates AI co-workers for e-commerce customer support teams, announced on Tuesday that it has raised €6M in a fresh funding round led by Newion and Simon Capital. Existing investors, including Peak and Curiosity, also participated. The Dutch company will use the funds to enter the German market […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 06/04/2024 03:33 EDT

Amsterdam-based ‘AI for Recruiters’ Carv secures €9.1M in Seed funding

Amsterdam-based Carv, a company that uses AI for recruitment, announced that it has raised $10M (approximately €9.18M) in a seed round of funding. The investment comes after the company launched its platform in March, which gained a lot of interest. Investors in this round include Global Founders Capital (GFC) and several independent angel investors who […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/04/2024 02:41 EDT

Belgian legal tech startup Henchman to be acquired by US-based LexisNexis: Know more

LexisNexis Legal & Professional, a New York-based company that provides information and analytics, announced on Monday, June 3, that it will buy Henchman, a legal tech company from Ghent, Belgium.  Henchman improves data from Document Management Systems (DMS) to help draft documents faster. Founded in 2020 by Gilles Mattelin, Jorn Vanysacker and Wouter Van Respaille, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 06/03/2024 10:20 EDT

Dutch health insurer VGZ invests €6M in NLC Health Ventures: Here’s why

Dutch health insurer VGZ, on Monday announced that it has invested €6M in NLC Health Ventures (NLC), which is dedicated to supporting early-stage healthcare innovations. This investment marks the first time a health insurer has invested in NLC. With this move, VGZ and NLC enter into a strategic partnership to develop and grow impactful, innovative […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 06/03/2024 07:45 EDT

Klarna, Spotify and Bolt investor Creandum closes seventh fund at €500M: All you need to know

Stockholm-based Creandum, a European early-stage venture capital firm, on Monday announced the close of the Creandum VII fund at €500M. The Swedish VC has secured backing from leading global investors, including university endowments, pension funds, and charitable foundations. The participation of US investors, with half of the capital raised for Creandum VII coming from the […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/03/2024 07:10 EDT

Amsterdam’s SERDA Therapeutics raises €2M to help treat burn injuries and chronic ulcers

Amsterdam-based SERDA Therapeutics, a joint venture company between Smith & Nephew International and NLC, announced that it has completed a €2M funding round, led by NLC Health Impact Fund. The funding will propel the development of SERDA’s enzymatic wound debridement product, SN514. With a successful Investigational New Drug (IND) submission, the company is gearing towards […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 06/03/2024 05:48 EDT

France-based Gireve secures €20M from Partech to boost EV charging interoperability across Europe

Yvelines, France-based Gireve, a digital platform for EV charging interoperability, announced on Monday that it has raised €20M in a fresh funding round from Partech (through its impact fund). With this funding round, Partech joins the list of Gireve’s existing shareholders, including Groupe EDF, ENEDIS, the Banque des Territoires (Caisse des Dépôts), and Demeter. The […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/03/2024 05:37 EDT

Dutch-based BioBTX bags over €80M to launch the first commercial renewable aromatics plant

Netherlands-based BioBTX, a developer of circular chemistry technology that aims to replace fossil resources with biomass and plastic waste, announced that it has secured over €80M in fresh funding. The funds will help BioBTX build and launch the first renewable chemicals plant using its ICCP Technology. It will make sustainable aromatics (BTX) from plastic waste […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 06/03/2024 04:02 EDT

Danish VC Dreamcraft Ventures announces final close of Fund II at €66M; plans to invest in 16 European startups

Copenhagen-based Dreamcraft Ventures, a venture capitalist, announced on Monday the final closing of its €66M Fund II, which will invest in the next generation of B2B software companies. Limited partners of Dreamcraft’s new fund include institutional investors from the Nordics such as Chr. Augustinus Fabrikker, as well as family offices and well-connected entrepreneurs. With Fund […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/03/2024 03:59 EDT

Milan-based fintech startup Sibill secures €6.2M to automate financial operations for Italian SMBs

Milan-based Sibill, a tool that makes financial tasks easier for small and medium businesses (SMBs), announced that it raised €6.2M in a fresh round of funding led by Keen Venture Partners with participation from Founders and Exor Ventures. This funding, raised in two tranches, will help Sibill work towards becoming the “leading” financial operations platform […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals 3 place · 06/03/2024 03:01 EDT

Technology startup Rierino partners with FeatureMind to deliver seamless e-commerce and digital transformation experiences in EMEA

Rierino, the next-generation startup behind low-code technology solutions for e-commerce and digital transformation, has announced a partnership with FeatureMind. The seasoned digital transformation house will augment its solution portfolio with Rierino’s technologies for rapid high-impact transformations. Both companies will together support ambitious retailers and enterprises in Europe, the Middle East, and Africa to enhance their […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 05/31/2024 12:49 EDT

StartupAmsterdam’s program director Bas Beekman takes up this new role at Municipality of Amsterdam: Know more

Bas Beekman, the program director of StartupAmsterdam, on Friday, announced his transition to a new role as part of the brand new management team of Economic Affairs and Culture (EZC) at the Municipality of Amsterdam, effective June 1st. In his new role, he will assume ultimate responsibility for ‘Staff and Internationalisation’, overseeing Amsterdam inbusiness, IN […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 05/31/2024 10:53 EDT

Robin Wauters announces his departure from Tech.eu, Webrazzi and EIC Scaling Club: Know more

Robin Wauters, the founder of Tech.eu and a well-known journalist, has announced his departure from Tech.eu, Webrazzi, and the EIC Scaling Club initiative. “Today is my last day at Tech.eu, the European tech media, market intelligence, and events company I co-founded almost 11 years ago. It feels like the right time just after the third […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/31/2024 06:34 EDT

Swedish impact fintech Doconomy bags €34M from UBS Next, CommerzVentures, S&P Global, others

Stockholm-based Doconomy, a fintech company that helps banks with tools to fight climate change and improve people’s financial health, announced that it has received €34M in B-round investment, one of Europe’s “largest funding rounds” in the sector. The investment was co-led by UBS Next, the venture and innovation arm of UBS, and existing investor CommerzVentures, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/31/2024 06:34 EDT

Finnish consumer advocacy firm No No No files for bankruptcy: Know more

Tampere, Finland-based No No No, a consumer advocacy platform, announced on Friday that it is filing for bankruptcy due to unexpected events. The company’s founder Jaakko Timonen, took to LinkedIn to announce the news. He says “No No No is shutting down. Due to an unexpected turn of events, we have no choice but to […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/31/2024 04:38 EDT

Dutch company BlueRock TMS onboards Fortino Capital as an investor: Here’s why

North Brabant, the Netherlands-based BlueRock, an international transportation management systems (TMS) vendor, on Wednesday, announced the onboarding of Fortino Capital as an investor. BlueRock TMS: Simplifying logistics worldwide Founded in 2013 by Wouter Lammerse, BlueRock TMS aims to simplify logistics worldwide. BlueRock TMS offers a comprehensive TMS solution that covers pre-planning, execution, visibility, and performance management […] Read more

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Silicon Canals
Origin Hope @ Silicon Canals 1 place · 05/31/2024 04:00 EDT

World No-Tobacco Day: Meet the European startups that help people quit smoking

With almost 30 per cent of the population smoking, Europe is in need of cessation services. Get to know the innovative approaches used by these companies. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 05/31/2024 03:39 EDT

Helsinki-based iPhone refurbisher Swappie secures €17M loan from the EIB: Know more

Helsinki-based Swappie, an online platform that claims to be Europe’s largest iPhone refurbisher, has secured €17M in loan from the European Investment Bank (EIB). This five-year loan agreement is supported by the InvestEU programme, which seeks to generate over €372B in extra investment from 2021 to 2027.  InvestEU focuses on funding projects that align with […] Read more

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25.11.2024 09:39
Last update: 09:30 EDT.
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