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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 05/30/2024 08:40 EDT

Spanish startup ifeel raises €18M to enhance mental health support for corporates and insurers

Madrid-based ifeel, an emotional well-being platform for enterprise and insurance companies, announced on Thursday that it has raised $20M (approximately €18M) in a Series B funding round. FinTLV Ventures and Korelya Capital co-led the latest investment round, with the participation of its existing investors SCOR Ventures, Nauta, and UNIQA Ventures. ifeel has raised $40M (approximately […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 05/30/2024 06:21 EDT

UK’s FintechOS bags €55.4M to help financial institutions with core business: Here’s how

London-based FintechOS, an end-to-end financial product management platform, announced on Thursday that it has secured $60M (approximately €55.4M) in a Series B+ investment round. The latest funding round was led by Molten Ventures, Cipio Partners, and BlackRock, alongside existing investors EarlyBird VC, OTB VC, and Gapminder VC.  The funding round comes as FintechOS celebrates significant […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 05/30/2024 05:17 EDT

Utrecht-based Klayr acquires Swiss blockchain platform Lisk: Here’s why

Utrecht-based Klayr, a blockchain application platform, announced its acquisition of Lisk’s blockchain platform on Wednesday, May 29. Lisk’s platform enables users to construct their own blockchain or blockchain applications. Based in Zug, Switzerland, Lisk provides a cost-efficient and scalable Layer 2 (L2) network secured by Ethereum.  The platform’s core focus is to solve local problems […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 05/30/2024 04:02 EDT

UK’s Zenobe bags €482M to deploy over 2,000 electric bus vehicles throughout the UK and Ireland by 2026

London-based Zenobe, an EV fleet and battery storage specialist, announced on Wednesday the completion of a £410M (approximately €482M) funding in debt. The banks and institutions providing support for Zenobē’s green EV financing syndicate include Aviva, Lloyds, MUFG, NatWest, Santander, Scottish Widows, Siemens Financial Services through Siemens Bank, and Société Générale. New banks and institutions […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/29/2024 10:09 EDT

Swiss startup SCRYPT bags €4.6M from Braza Bank to provide crypto asset financial services  Web3 companies and institutions

Zurich-based SCRYPT, a provider of crypto asset financial services, announced on Wednesday that it has secured $5M (approximately €4.6M) in a strategic funding round led by Braza Bank, with additional participation from venture capital firms including Funfair Ventures, Cabrit Capital, and Atlantic Labs. The company will use the funds to accelerate its growth, scale its […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/29/2024 09:24 EDT

Amsterdam-based startups that raised funding in May; 4 of them are hiring right now

Amsterdam has long been recognised as a vibrant hub for innovation and entrepreneurship.  As we approach the end of May, several promising startups have secured significant funding to take their ventures to the next level.   This capital injection highlights investors’ confidence in these startups and indicates new opportunities for those looking to join their teams. […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/29/2024 09:06 EDT

Dutch-Italian space tech startup Revolv Space lands €2.6M to advance small satellite capabilities

Noordwijk and Torino-based Revolv Space, a space tech startup, announced that it has secured €2.6M in a fresh round of funding. The company aims to improve small satellites with better mechanisms and power systems. The round was led by Primo Ventures through Primo Space Fund and joined by Takeoff. Eugenia Forte, Director of Takeoff Accelerator, […] Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 05/29/2024 06:25 EDT

Venturing into tech for lending via private debt: Here’s how PE Front Office helps overcome technological challenge

Private debt (or private credit) has emerged as one of the strongest asset classes within the alternative investment universe. During the fourth quarter of 2023, the deal flow for private credit picked up, reversing the slowdown seen earlier in the year. In its alternative investment universe outlook for 2024, JP Morgan continues to overweight private […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/29/2024 05:37 EDT

Berlin-based Ratepay announces Sabrina Flunkert as new CEO after Nina Pütz steps down 

Berlin-based Ratepay, a white-label payment provider, announced an important change in its leadership team on Wednesday. Sabrina Flunkert will take over the CEO role from Nina Pütz, who has led the company since 2020, focusing on customer diversification, technical scaling, and professionalisation. “The Ratepay I took over in 2020 during the pandemic has undergone profound […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/29/2024 05:17 EDT

Norwegian startup Iris.ai raises €7.6M to accelerate scientific research processing with AI

Iris.ai, a company from Oslo that makes an AI tool for understanding scientific texts, announced that it has secured €7.64M in a Series A round of funding. With this round, the company has now raised a total capital of €16M. European growth equity firm Silverline Capital led Iris.ai’s current funding round. The European Innovation Council […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/29/2024 03:48 EDT

Belgian startup Novobiom bags €2M to combat waste management with fungal biotechnology 

Belgium-based Novobiom, a biotech firm, announced on Wednesday that it has secured €2M in a seed funding round from Noshaq, Planetary Impact Ventures, Circular Innovation Fund, Ciri Ventures, and several angel investors. Novobiom will use the funds to accelerate the advancement of its waste management solutions, develop its biorefinery pilot plant, prepare the commercial launch […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/29/2024 03:10 EDT

Germany’s Faircado bags €3M to help find the best pre-owned items using AI; here’s how

Berlin-based Faircado, an AI-powered second-hand shopping assistant company, announced that it has secured €3M in a pre-seed round of funding. The investment was led by the World Fund, a European climate VC. The round also saw participation from Accel, General Catalyst, Lightspeed Venture Partners, NEA, and Northzone, via the Slush 100 Startup Prize, as well […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/28/2024 09:51 EDT

Amsterdam’s agtech startup Source.ag expands to North America: Know more

Amsterdam-based Source.ag, an agtech startup that assists greenhouse farmers with AI, announced on Tuesday that it is expanding to North America and has appointed a General Manager to lead their North American team.  The announcement comes around a year after raising €3.73M in its Series A extension round of funding, in June last year.  Source.ag […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/28/2024 08:07 EDT

London-based Swiipr secures €7M from Octopus Ventures, others to transform the airline industry

London-based Swiipr, a travel paytech company, announced on Tuesday that it has secured £6M (approximately €7M) in Series A funding, led by Octopus Ventures, with participation from TX Ventures and Solano Partners. The UK company will use the funds to develop its strategy, product, and technology, including investment into R&D, AI, and data analytics, and […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/28/2024 06:44 EDT

Denmark’s returns and claims management platform Claimlane bags €1.8M for Europe, UK expansion

Copenhagen-based Claimlane, a returns and claims management platform for brands and retailers that sell physical products, announced that it has secured €1.8M in a Seed round of funding.  Vendep Capital led the investment, aiming to boost Claimlane’s expansion in both the UK and mainland Europe.  This funding will fuel Claimlane’s efforts to advance its product […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/28/2024 05:59 EDT

Irish firm Zartis secures €10M from Development Capital to help businesses with software products

Cork, Ireland-based Zartis, a digital services provider, announced on Monday, May 27 that it has secured €10M investment from Development Capital, the Irish growth capital fund.  The Irish company will use the funds to accelerate its international growth opportunities within the technology services sector. Fund utilisation The goal is to more than double in size […] Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 05/28/2024 04:58 EDT

European CEO Awards 2024 named the best CEO in the fintech industry

There was a rather significant event in the world of innovative technologies – the European CEO Awards 2024. Only the best CEOs of companies that expand the boundaries of business and generally contribute to the development of scientific and technological progress are nominated for this award. In the FinTech industry, the title of CEO of […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/28/2024 04:33 EDT

Amsterdam’s 10x.team raises €1M for its members-only fractional talent platform: Know more

Amsterdam-based 10x.team, a members-only platform uniting fractional talent with ambitious companies to deliver 10x outcomes, announced that it closed an oversubscribed seed funding round of €1M. The investment included important angel investors who are a group of founders and former top managers from companies like Adyen, Euro-Rijn, Brand New Day, Ohpen, Narwhal Investments, and Valtech. […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 05/28/2024 03:17 EDT

German climate fintech Cloover raises €104.8M in Seed round led by Chris Sacca’s Lowercarbon Capital

Berlin-based Cloover, a climate fintech startup that enables vendors of renewable energy technologies to offer their services as a subscription, has secured $114M (approximately €104.82M) in a seed round of funding. The investment was led by Lowercarbon Capital, a company started by “renowned” venture capitalist Chris Sacca. Other investors include 9900 Capital and QED. Shawn […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/28/2024 03:00 EDT

Delft-based Q*Bird bags €2.5M to secure quantum communications: Exclusive interview with co-founder & CEO Ingrid Romijn

Delft-based Q*Bird, a provider of secure quantum communications, announced on Tuesday that it has secured €2.5M in a fresh funding round jointly led by QDNL Participations and Cottonwood Technology Fund, with participation from InnovationQuarter. The Dutch company will use the funding to scale its commercial partnerships, including those with Port of Rotterdam and Eurofiber. “With […] Read more ›

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25.11.2024 17:01
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