Silicon Canals

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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 2 place · 05/20/2024 03:00 EDT

Prague-based Behavio secures €2.25M from Amsterdam’s Airbridge Equity Partners: Know more

Prague-based Behavio, a company specialised in behavioural brand measurement technology, announced on Monday that it has secured €2.25M in late-seed funding from Amsterdam-based Airbridge Equity Partners.  To date, the Czech company has secured €3.5M in funding from notable investors like Airbridge Equity Partners, Presto Ventures, J&T Ventures, and several angels, including ex-Emplifi Nik Pantovic. The […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 05/17/2024 10:28 EDT

Dutch-based Forestwise secures investment from Bali’s Terratai to protect rainforests in Kalimantan: Know more 

North Brabant, the Netherlands-based Forestwise, a company dedicated to halting deforestation in the rainforests of Kalimantan, on Tuesday, May 14, announced that it has received an undisclosed investment from Denpaser-based Terratai, a venture builder for nature. In addition to the funding, the Indonesian venture builder also announced partnerships with the Dutch firm to drive the […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 05/17/2024 08:57 EDT

Amsterdam-based smart distribution platform VaultN raises €1.4M in Seed funding

Amsterdam-based ValutN, a smart distribution platform for digital games, announced on Tuesday, May 14, that it has secured $1.6M (approximately €1.4M) in a seed funding round from PixCapital and Ubit.  The latest investment will accelerate the company to enter new markets, such as mobile, free-to-play (F2P), gift cards, and top-up cards, while continuing to improve […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 05/17/2024 07:21 EDT

Amsterdam’s Antfarm secures €200k to make recycling profitable through robots and AI

Amsterdam-based Antfarm, a robotic startup, announced on Thursday, that it has secured €200k investment from the company’s co-founder and CEO Sébastien Willems. The company will use the funds to accelerate its growth and enhance robots and AI to significantly impact the global waste crisis. “Our failure to manage our waste properly (yes, also in the […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/17/2024 07:06 EDT

Belgium’s Companion.energy raises €2.1M to help industries cut energy costs and emissions

Ghent-based Companion.energy, a startup specialising in energy software for industrial enterprises, has secured €2.1M in funding from investors, including Übermorgen Ventures and Cavalry Ventures. Entourage, led by Pieterjan Bouten, and Imec.istart Future Fund also participated in this round. The proceeds will help Companion.energy assist European industries in transitioning to sustainability while managing energy expenses effectively. […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 05/17/2024 06:23 EDT

Belgium’s sustainable energy startup NON.energy lands €1.1M from Birdhouse Ventures, others

Antwerp-based NON.energy, a company in sustainable energy technologies, announced that it has secured €1.15M in fresh funding from Birdhouse Ventures and six notable business angels. The funds will help the company to advance its “revolutionary” vision for energy consumption. Sustainable technologies “as a service” Founded in 2022 by Bastiaan Benoit and Roel Vaneeckhout, NON.energy claims […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/17/2024 05:45 EDT

Amsterdam’s Fairphone wins the “Oscar” for sustainable entrepreneurship: Know more

Amsterdam-based Fairphone, an ethical electronic manufacturer, has been awarded the esteemed King Willem I Award for Sustainable Entrepreneurship.  The award, often referred to as the “Oscar” for sustainable business practices, was presented by Her Majesty Queen Máxima and Klaas Knot, the chairman of the Koning Willem I Stichting and president of De Nederlandsche Bank. Since […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/17/2024 03:42 EDT

Meet Fabricio Bloisi, the new CEO of Prosus and Naspers

Amsterdam-based Prosus, a global consumer internet group and technology investor, announced that Fabricio Bloisi has been appointed as Chief Executive Officer of both Prosus and its parent company, Naspers. The appointment, approved unanimously by the Boards of both companies, will take effect on July 1, 2024. Fabricio Bloisi will assume the role of Group CEO […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/16/2024 09:38 EDT

London-based PolyAI secures $50M at $500M valuation to advance its enterprise conversational assistants powered by AI

London-based PolyAI, a provider of customer-led voice assistants for the enterprise, announced on Thursday that it has secured $50M (approximately €46M) at a valuation of $500M (approximately €460M) in a fresh funding round from Hedosophia and NVentures, the VC arm of NVIDIA. Existing investors, including Khosla Ventures and Point72 Ventures, also participated in the round, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/16/2024 09:13 EDT

Zurich-based aerial intelligence company SwissDrones secures €9.2M from Chevron Technology Ventures, others

Zurich-based SwissDrones, an aerial intelligence company, announced on Monday, May 13, that it has raised $10M (approximately €9.2M) in a Series B equity growth funding round. The round was backed by a consortium of investors, including aviation investor DiamondStream Partners, Chevron Technology Ventures, Ingleside Investors, as well as, existing shareholders. This investment will advance the […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/16/2024 07:34 EDT

UK’s female-founded eco-friendly nappy brand Peachies raises €1.6M from Antler, others

Peachies, a premium nappy brand based in London, has announced that it has completed its latest funding round, securing £1.4M (approximately €1.63M). Rima Suppan, co-founder of Peachies, says, “We are creating a new nappy category where premium product and customer service design unlocks uncharted value for families. That’s longer nights, fewer nappies per day, less […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/16/2024 07:11 EDT

EIB Group unveils €200M equity funding to support Greek startups and SMEs: Know more

The European Investment Bank (EIB) announced on Tuesday, May 14, that it is working with the Hellenic Republic to support startups and SMEs in life sciences, healthcare, and sustainability.  The European Investment Fund (EIF), part of the EIB Group, will manage €200M from European structural funds and national resources with a new equity mandate.   The […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 05/16/2024 05:33 EDT

UK-based StudioSpace secures €1.1M+ in follow-on investment from Fuel Ventures: Know more

London-based StudioSpace, a company that provides on-demand access to digital and marketing services, has secured over £1M (approximately €1.1M) in follow-on investment from Fuel Ventures. The development was announced by Pete Sayburn, CEO of StudioSpace, via a LinkedIn post. StudioSpace offers brands a flexible and scalable solution for sourcing digital and marketing services. With a […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 05/16/2024 04:01 EDT

Germany’s Caeli Wind raises €11M in growth funding to assess and promote wind energy locations

Berlin-based Caeli Wind, a platform for assessing and promoting wind energy sites, announced that it has secured €11M in a Series A round of funding led by UK-based VC fund Notion Capital. The round was also joined by Santander Alternative Investments and existing investor HTGF. Klaus Lehmann, Partner HTGF, says, “We invested in Caeli in […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 05/16/2024 04:00 EDT

London’s ekko raises €2.3M to embed sustainability into financial transactions

London-based ekko, a climate fintech platform, announced on Thursday that it has raised $2.5M (approximately €2.3M) in a fresh funding round led by Fuel Ventures and supported by Sorven Partners, Mishcon de Reya, and existing investors.  This funding will enable the UK company to further its mission of integrating sustainability into financial services, allowing banks, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/16/2024 02:53 EDT

After raising €24M, Amsterdam’s Fastned starts subscription to new bonds: Here’s why

Amsterdam-based Fastned, the fast-charging company, announced on Thursday that it will be launching a new bond subscription in the Netherlands and Belgium.  The proceeds will be used further to expand the network in both existing and new markets. Raised €24M funding The announcement comes a couple of months after the company raised over €24M through […] Read more

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Silicon Canals
Origin Hope @ Silicon Canals · 05/16/2024 00:58 EDT

Meet the new European unicorns minted in 2024; all of them are hiring right now

Leading European startups have successfully raised funding in 2024 and earned unicorn status. Learn more about the opportunities to join these companies. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/15/2024 10:13 EDT

Amsterdam’s Coolgradient gets funding from 4impact capital to optimise data centre operations through AI

Amsterdam-based Coolgradient, an AI software startup, announced on Monday that it has raised funding from 4impact capital, an impact venture capital fund.  Besides funding, 4impact capital now joins Coolgradient as a software-specialised investor to support the experienced team in scaling its business internationally.  Jasper de Vries, Co-Founder and CPO of Coolgradient, says, “We are thrilled […] Read more

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Silicon Canals
Remco Janssen @ Silicon Canals · 05/15/2024 08:31 EDT

European Investment Fund opens Amsterdam office for the Benelux

The European Investment Fund (EIF) is opening an office representation for the Benelux in Amsterdam as part of its new strategy to be closer to the markets and enhance its impact. Yesterday, the European Investment Fund (EIF) announced the opening of a new office for the Benelux region at the tenth anniversary of the EIB […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/15/2024 08:00 EDT

German cleantech startup trawa secures €10M from Balderton, Speedinvest, others

Berlin-based trawa, a renewable energy supplier, announced that it has secured €10M in a seed round of funding led by Balderton Capital. The round also saw participation from German climate tech investor AENU as well as existing investors like Speedinvest, Magnetic, and TinyVC. This latest round brings trawa’s total raised capital to over €12M. Capital […] Read more

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25.11.2024 13:49
Last update: 13:41 EDT.
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