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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/15/2025 08:02 EDT

Antler launches Antler ONE programme to back continental Europe’s top tech founders

Antler, a global early-stage venture capital firm, has announced the launch of Antler ONE, a new flagship product for outlier founders in Continental Europe. Christoph Klink, Partner at Antler, comments, “We’re doubling down on the best founders in Europe – with double the capital and a bigger commitment than ever.” Antler ONE explained Starting from ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/15/2025 06:52 EDT

Elon Musk’s X faces EU complaint over alleged use of sensitive data for targeted ads

A coalition of nine civil society organisations has filed a formal complaint against X, Elon Musk’s social media platform, over suspected violations of the EU’s Digital Services Act (DSA). The complaint alleges that X used sensitive categories of personal data to serve targeted ads, an act explicitly prohibited under the EU’s new digital rules. “We, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/15/2025 06:43 EDT

London’s Laka lays out path to profitability with €8.9M raise; plans 2025 strategic round and M&A push

Laka, a London-based mobility insurance firm, has secured $10.4M (nearly €8.90M) in a Series B funding round co-led by Shift4Good and MS&AD Ventures. The round also included participation from Ponooc, Achmea Innovation Fund, Autotech Ventures, Motive Partners, Creandum, LocalGlobe, 1818 Ventures, and Republic (formerly Seedrs). Matthieu de Chanville, Founding Partner at Shift4Good, says, “As sustainable ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/15/2025 04:54 EDT

Amsterdam’s SeaO2 and partners secure €1.6M to produce sustainable aviation fuel from CO2 and seawater

Amsterdam-based SeaO2, along with TU Delft, University of Twente, and NERA, has received €1.64M in funding from the TKI Energy and Industry programme.  The funding will support the development of a decentralised process to produce aviation fuel using seawater, renewable electricity, and captured CO2. The project combines work in CO2 capture, electrochemical conversion, and catalysis ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 07/15/2025 04:30 EDT

Oracle commits $1B to boost AI and cloud infrastructure in the Netherlands: Here’s what to expect

Texas-based Oracle, a cloud technology company, announced its plans to invest $1B (approximately €855.4M) in the Netherlands over the next five years. This investment will boost Oracle Cloud Infrastructure (OCI) in the Netherlands by expanding AI capacity in the Oracle Cloud Amsterdam Region. “Organisations in the Netherlands are rapidly embracing AI and new technologies,” says ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/15/2025 02:52 EDT

EIB and Mediobanca join forces to unlock €200M in funding for Italy’s microenterprises and women-led businesses

The European Investment Bank (EIB) and Milan-based Mediobanca have entered into a €100M agreement to expand credit access for small and medium-sized enterprises (SMEs) in Italy. The financing is expected to generate up to €200M in total credit for businesses. The agreement includes support for microenterprises, female-led entrepreneurs, and companies located in cohesion regions. A ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 07/15/2025 02:45 EDT

Rotterdam’s AI startup Passionfruit secures backing from Smarter Ventures to automate ESG and food safety compliance

Rotterdam-based Passionfruit, an AI startup that helps food companies tackle ESG, quality, and compliance challenges, has secured a €250,000 investment from Smarter Ventures. Smarter Ventures offers a new approach to venture capital by investing in entrepreneurs who use technology to solve real-world problems. They focus on early-growth software companies, especially in AI and Web3. In ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/14/2025 12:03 EDT

Berlin’s MOTOR Ai raises €17.1M to expand explainable and regulation-ready autonomous driving in Europe

Berlin-based MOTOR Ai, a company specialised in developing Level 4 intelligence for autonomous driving, has secured $20M (approximately €17.1M) in a seed funding round led by Segenia Capital and eCAPITAL, with participation from mobility-focused angels. The German company will use the funds to grow its engineering, safety, and type approval teams, expand deployment partnerships with ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/14/2025 08:52 EDT

Ukraine’s TENCORE lands €3.19M from US-Ukrainian investor to scale NATO-grade ground drones

Ukraine-based TENCORE LLC, a defence technology company, has secured $3.74M (nearly €3.19M) in funding from MITS Capital. The deal was announced at the Ukraine Recovery Conference (URC2025) in Rome. The investment was enabled through collaboration with the Diia.City government team and supported throughout by Diia.City United, an association representing Ukrainian product tech companies.  “This agreement ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/14/2025 08:13 EDT

London’s CityFibre secures €2.6B to accelerate UK full fibre rollout and M&A expansion

London-based CityFibre, an independent telecommunications network provider, has secured £2.3B (approximately €2.6B) in a financing round to support its growth. This funding includes £500M (approximately €5.7M) in new equity investment from shareholders such as Goldman Sachs Alternatives, Antin Infrastructure Partners, Mubadala Investment Company, and Interogo Holding. Alongside the equity injection, the UK company has also ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/14/2025 05:38 EDT

Barcelona’s Murphy exits stealth mode with €12.8M to replace call centres with AI agents for debt recovery

Barcelona-based Murphy, a platform that uses AI for debt servicing, has emerged from stealth and secured $15M (nearly €12.84M) in combined pre-seed and seed funding. The investment round was led by Northzone, with participation from ElevenLabs, Lakestar, Seedcamp, and previous investors. AI agent for debt collection Debt servicing has relied on call centres and standard ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/14/2025 05:15 EDT

The Hague’s UpToMore raises €3M to challenge BUX with the ‘most boring investment app in the Netherlands’

The Hague-based UpToMore, a fintech company, announced the launch of an investment app today that bypasses banks and brokers. Additionally, the startup has raised €3M for further growth and plans to launch in Europe by the end of this year. Fund utilisation The Dutch startup will use the funds to strengthen the team and further ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/14/2025 04:20 EDT

Dutch NFC ID verification firm Inverid acquired by Norway’s Signicat: Know more 

Trondheim, Norway-based Signicat, a pan-European digital identity company, announced the acquisition of Inverid, the Dutch provider of NFC-based digital identity verification solutions, from majority shareholder Main Capital and the founders. The financial details of the deal haven’t been disclosed. Existing shareholders will reinvest a substantial part of the consideration in Signicat, underlying their strong support ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/14/2025 03:18 EDT

3% R&D Action Plan: Dutch govt commits to 3% GDP investment in R&D by 2030

The Dutch government has launched an ambitious 9-point plan aimed at reversing the country’s lag in innovation and boosting long-term economic resilience. “This is primarily due to our rock-solid science, excellent education, digitalisation, and public-private partnerships. If we stop investing now, we will lose this position in the future. We are only number 9 when ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/14/2025 02:00 EDT

Amsterdam-based Employes acquired by Copenhagen’s Ageras: Know more

Copenhagen-based Ageras, a software platform for accounting, administration, and banking for small businesses, has acquired Amsterdam’s Employes, a payroll software company.  This is Ageras’s second acquisition in 2025 and its eighth overall. The company has expanded its operations in several European markets, including through the 2024 acquisition of Shine from Société Générale. With the acquisition ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/12/2025 04:32 EDT

In other news this week: NUCLIDIUM raises €84M, CarOnSale drives away with €70M, EvlaBio lands €21M and more

It’s been a fast-paced week in the world of startups and tech innovation, with news flying in from all corners — funding rounds, strategic partnerships, product launches, and major acquisitions. So much is happening, and let’s be honest, keeping up with everything is nearly impossible. While we try our best to catch every major headline, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/11/2025 10:39 EDT

AI Tool of the Week: Copenhagen’s Corti launches Europe’s first sovereign healthcare AI infrastructure

Copenhagen-based Corti, an AI infrastructure provider for healthcare, has introduced new cloud capabilities to help European health systems use advanced, real-time AI while following strict data privacy laws. Led by Andreas Cleve, Corti is a research and development company that specialises in state-of-the-art AI foundation models and infrastructure for healthcare. Corti’s goal is to remove ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 07/11/2025 08:28 EDT

Amsterdam-based CapitalT announces first close of €50M Fund II to scale impact investing

Amsterdam-based CapitalT,  a (pre) seed stage VC that invests in software technology companies, announced the first close of its second fund, targeting €50M. “This milestone is more than just a number – it’s a signal that our approach is working, and we’re ready to scale it,” says Eva de Mol, the founding partner of CapitalT ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 07/11/2025 07:00 EDT

Sequoia-backed Norwegian fintech Two raises €13M to make business payments as simple as card payments

Oslo-based Two, a European B2B payments platform, has secured €13M in a strategic funding round. With this round, the company’s total funding has reached over €40M. The current investment round was led by Idékapital and Shine Capital, with participation from new investor Investinor and existing investors Antler, Sequoia Capital, Alliance Ventures, Arkwright, and Local Globe. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 07/11/2025 06:57 EDT

EXIST Lighthouse Competition: Meet the 10 projects chosen to become Germany’s official ‘Startup Factories’

In an attempt to further accelerate Germany’s startup ecosystem, German Federal Minister for Economic Affairs Katherina Reiche announced the winners of the EXIST Lighthouse Competition: Startup Factories. As part of the federal startup strategy, ten selected winners will receive up to €10M in matching funds to scale highly integrated, science-driven startup ecosystems over the next five ... Read more Read more

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30.07.2025 00:38
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