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Vigneshwar Ravichandran @ Silicon Canals 1 place · 11/09/2024 04:00 EDT

In other news this week: Emerge secures €68M, Faber launches third fund at €60M, Entrepreneur Peter Goedvolk turns Professor, and more

In today’s fast-paced digital age, we’re constantly bombarded with overwhelming information. Consequently, it is easy to overlook some equally important news stories that deserve our attention.  While we are all focused on the latest findings, breakthroughs, and acquisitions, other significant events are happening that may not hit our radar immediately. In this edition of “In ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 11/08/2024 09:31 EDT

ImpactFest 2024: €44M in new funds launched for impact entrepreneurship; Solvoz wins the Hague Innovator Award, and more

The 9th edition of the ImpactFest was held on Thursday, 9th November. The annual flagship event of ImpactCity The Hague, founded by the municipality of The Hague, attracted 1,500 visitors from 35 countries. It focuses on the combination of ‘doing good’ and ‘doing business. Here’s everything that was announced or launched during ImpactFest 2024 Unveiled ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/08/2024 07:31 EDT

Hamburg-based Tomorrow, a sustainable banking provider, has raised nearly €5M in funding. Existing investors Abacon Capital, ETF Partners and Kopa Ventures as well as first-time investor IFB Innovationsstarter participated in this round. Existing investors are also involved in the funding round by converting convertible loans worth tens of millions of euros. These investors include Abacon ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/08/2024 06:07 EDT

Amsterdam-based Pantheon Mining, a provider of “Mining-as-a-Service” for investors and financial institutions, announced on Thursday, November 7, that it has secured €1M in a seed funding round. The Dutch company will use the funds to accelerate its growth and invest in expanding its offerings and technological infrastructure. Additionally, the company will allocate the funds to ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/08/2024 05:08 EDT

Delft-based uPATCH, a health-tech startup, has secured seed funding from INZET, a fund managed by Shaping Impact Group, to further its mission of advancing global drug delivery through microneedle technology. The funding amount, however, remains undisclosed. uPATCH specialises in developing applicators for microneedle array patches, aiming to make drug delivery more accessible worldwide.  “The team ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 11/08/2024 04:03 EDT

The Netherlands Enterprise Agency (RVO) invests €36M in these 6 new seed capital funds in 2024: Read more

The Netherlands Enterprise Agency (RVO) helps entrepreneurs and organisations to invest, develop and expand their businesses and projects both in the Netherlands and abroad. RVO, which is part of the Dutch Ministry of Economic Affairs, does this by supporting around 1.9M entrepreneurs every year through funding and network.  In 2024, RVO allocated €36M to six ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 11/08/2024 02:03 EDT

Paris-based ZE Energy, an independent renewable energy producer specialising in Battery Energy Storage Systems (BESS), has raised €54M in a new funding round.  The investment, led by Amundi Transition Énergétique, introduces two new stakeholders: Amundi’s Core+ infrastructure funds, and Demeter’s Climate Infrastructure Fund, a player in energy transition financing. Existing shareholder Sorégies also invested in ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/08/2024 01:42 EDT

Amsterdam’s DataSnipper wins Deloitte Technology Fast 50 for second year running: Meet the other winners here 

London-based Deloitte, a management consultancy company, organised its 25th edition of Deloitte Technology Fast 50 2024, an annual ranking recognising fast-growing technology startups in the Netherlands for their exceptional growth performance.  In 2024, DataSnipper, an Amsterdam-based intelligent automation company, claimed the top spot as the champion for the second consecutive time.  The Dutch company took ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/07/2024 07:21 EDT

Norwegian fintech startup Bislab raises €1.7M in pre-seed funding

Oslo-based Bislab, a fintech startup, has secured €1.7M in a pre-seed round of funding to fuel its international expansion.  The round was led by Sondo Capital, with additional contributions from angel investors, including Frank Vikingstad (Sysco, Viglio), Christoffer Herheim (Optio), and Bent Skisaker (Autostore). Credit rating and financial crime prevention Bislab, a fintech startup founded ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/07/2024 06:04 EDT

The Hague-based UNIIQ, an investment fund focused on the proof-of-concept phase, announced on Thursday, that it has invested €350K in Bionomic, a Dutch agtech company. The investment comes around a month after UNIIQ invested €2.5M in seven startups and signed a partnership with TNO, an independent organisation for applied research.  The seven startups, which also ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/07/2024 05:54 EDT

Oslo-based Glint Solar, a Norwegian solar developer software, announced that has raised $8M (approximately €7.43M) in a Series A round of funding. The round was led by Smedvig Ventures, with support from Momentum, Futurum Ventures, and Antler.  Jonathan Lerner, Partner at Smedvig Ventures, says, “The solar industry has done a great job at developing ways ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/07/2024 04:41 EDT

The Hague-based 4impact Capital closes second fund at €68M; will focus on these areas

The Hague-based 4impact Capital, a venture capital firm, announced on Thursday that it has closed its second fund (Fund II) at €68M supported by the European Investment Fund (EIF) and Invest-NL. Out of the total, EIF invested €17.5M in the fund, while €7.5M comes from Invest-NL, of which €5M has already been committed in 2023. ... Read more Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 11/07/2024 03:22 EDT

Few mid-career and older workers use AI at work — yet

New research conducted with grant support from Google.org and The SCAN Foundation, reveals some surprising statistics about mid-career and older workers. For the Generation.org study, YouGov surveyed two audiences across the U.S. and Europe: people aged 45+ who work in entry and mid-level roles, and hiring managers who evaluate  candidates for these roles.  It covered ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/07/2024 02:42 EDT

Danish startup Cordulus raises €3M funding to provide accurate weather predictions using AI

Aarhus, Denmark-based Cordulus, a provider of AI-based weather solutions, announced on Monday, November 4, that it has secured €3M in funding from international agricultural group Danish Agro and the Pajbjerg Foundation. The company will use the funds to accelerate its expansion of weather solutions into new markets.  “We are proud of the continued support from ... Read more Read more

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Silicon Canals
Editorial team @ Silicon Canals · 11/07/2024 02:12 EDT

Meet the 22 most innovative companies from Utrecht, according to the Dutch Chamber of Commerce (KvK)

Utrecht, with its vibrant blend of talent, resources, and forward-thinking entrepreneurs, has become a thriving hub for innovation and entrepreneurship. The city’s startup ecosystem, bolstered by esteemed incubators and accelerators, has proven to be a fertile ground for early-stage companies in diverse sectors such as health, education, gaming, and biotech. The Kamer van Koophandel (KvK), ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/07/2024 02:00 EDT

Acai Travel secures €3.7M to modernise travel operations using AI

Barcelona and New York-based Acai Travel, an AI-driven software platform aiming to transform travel operations, has secured $4M (approximately €3.72M) in seed funding. The round was led by Nauta, with participation from DraperB1 and existing investor One Travel Ventures. Jordi Viñas, General Partner at Nauta, says, “Covid-19 restrictions caused a huge drop in demand for ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/06/2024 07:03 EDT

Cambridge-based AllFocal Optics bags €5M from SpeedInvest and others to advance nanophotonic lenses

Cambridge-based AllFocal Optics, a deeptech startup specialising in nanophotonic lens technology, announced on Wednesday that it has secured $5.3M (approximately €5M) funding, comprised of a $3.6M (approximately €3.3M) equity raise, led by SpeedInvest, and Innovate UK grants. Others, including 7PC Ventures (an early investor in Oculus VR), Martlet, Another.VC, Professional football player, and business angel ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/06/2024 06:59 EDT

The province of Noord-Brabant has announced the launch of BOOST (the Brabant Supporting Organisation Student Teams), a new development platform designed to accelerate student innovation across the region. With an allocation of €2.8M from the Provincie Noord-Brabant, the initiative offers funding to student teams from MBO, HBO, and WO institutions in the province. The subsidy ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 11/06/2024 05:56 EDT

Amsterdam’s Pymwymic closes second fund at €71.5M; will back AgriFood scale-ups 

Amsterdam-based Pymwymic, an impact investment firm, announced on Wednesday that it has closed its Healthy Food Systems Impact Fund II at  €71.5M, surpassing the target of €70M. Over 250 private investors and seven institutional investors – AGCO, ASR, Invest International, Invest-NL, Klaverblad Verzekeringen, Oost NL, and Van Lanschot Kempen, backed the fund. The announcement comes ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 11/06/2024 04:50 EDT

Austrian SaaS startup iDWELL secures €10M to simplify property management: Here’s how

Vienna-based iDWELL, a PropTech company, announced on Monday, November 4 that, it has secured €10M in funding from Knight Capital as well as existing investors such as Flashpoint Venture Capital and Wecken & Cie. The Austrian company will use the funds to accelerate its growth, invest in an even smarter property management platform, and expand ... Read more Read more

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23.11.2024 14:37
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