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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 · 05/15/2024 07:15 EDT

Thomas Vles, CEO of Ageras Group’s Tellow, exits the Danish fintech: Here’s why

Thomas Vles, Tellow’s Chief Executive Officer (CEO), announced his decision to step down after 3.5 years of service.   The decision comes amidst the integration of Tellow into Ageras. “Following the integration of Tellow into Ageras, my role within the company changed, and as an entrepreneur at heart, I felt a strong desire to venture out […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/15/2024 06:42 EDT

Quantum Delta NL opens second ‘House of Quantum’ in Delft, Netherlands: Know more

In Delft, Netherlands, House of Quantum (HoQ) has opened its doors to a second location. The HoQ will become the world’s first national quantum campus with various buildings where companies that work with quantum technology can set up shop. King Carl Gustav XVI of Sweden, along with Ericsson’s CTO Erik Ekudden, visited the House of […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/15/2024 05:30 EDT

Germany-based cylib raises €55M to scale its lithium battery recycling facility: Know more

Aachen, Germany-based cylib, a sustainable end-to-end battery recycling firm, announced on Wednesday that it has raised €55M in a Series A funding round in equity financing.  The latest funding was co-led by World Fund, and Porsche Ventures, with participation from Bosch Ventures, DeepTech & Climate Fonds, and NRW.Venture. Existing investors Vsquared Ventures, Speedinvest, 10x Founders, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/15/2024 04:21 EDT

Amsterdam’s Innovation Industries launches new €500M fund to back deep-tech startups and scale-ups in Benelux and Germany

Innovation Industries, a prominent fund manager, on Wednesday, announced the launch of a new fund aimed at financing and supporting deep-tech startups and scale-ups in the Benelux and Germany.  The fund — Innovation Industries Fund III, has a size of €500M.  As part of the Dutch Future Fund II program, it will receive a €10M […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/15/2024 03:23 EDT

Amsterdam-based bunq enters travel insurance market, join hands with Qover: Know more

Amsterdam-based neobank bunq, on Wednesday, announced that it has introduced a worldwide one-time activation travel insurance in collaboration with Qover, a global embedded insurance provider.  Additionally, the company said it has made a significant advancement by upgrading its user-facing AI assistant, Finn, to be fully conversational.  Both announcements come at a time of strong growth, […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/15/2024 03:00 EDT

Greek maritime tech startup Harbor Lab secures €14.7M from Atomico, Notion Capital, SpeedInvest, others

Athens-based Harbor Lab, a maritime software company modernising outdated accounting practices, has secured $16M (approximately €14.78M) in a Series A round of funding led by European VC Atomico. The round also saw participation from existing investors including Notion Capital, Venture Friends, SpeedInvest and The Dock, and new investors Endeavor Catalyst and maritime VC TMV. This […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/14/2024 10:25 EDT

Event of the month: 8 irresistible reasons why you should attend TNW Amsterdam 2024 in June

Technology is ever-evolving, and staying ahead of the curve is paramount.  TNW Conference 2024, scheduled for June 20th and 21st of 2024, in Amsterdam, presents an ideal opportunity to explore the cutting-edge innovations shaping our future.  If you have an innovative idea that you want to showcase to potential investors, influencers, and customers, look no […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/14/2024 09:03 EDT

Zalando announces management board rejig: Co-founder David Schneider relinquishes co-CEO role & more

Berlin-based Zalando announced that it is changing roles in its management board to ensure it can carry out its new plan – to become the “leading” online shopping platform for fashion and lifestyle across Europe. The company is focusing on two growth factors, Business-to-Consumer (B2C) and Business-to-Business (B2B). David Schneider’s new role David Schneider, one […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/14/2024 06:30 EDT

Stefanie Broes of Moonbird wins ticket to Draper University’s Hero Training Programme in Silicon Valley: Know more

Stefanie Broes, founder of Moonbird has won the Golden Ticket to the Draper University Hero Training Programme in Silicon Valley. The development was announced via a LinkedIn post by Andy Lurling, founding partner of LUMO Labs. The prize also covers flight expenses, on-campus lodging, and access to co-working facilities in downtown San Mateo, California, US. […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/14/2024 06:29 EDT

Microsoft announces largest ever investment in France: 6 key things you need to know 

Redmond tech giant Microsoft, on Monday, announced its largest investment in France in its 41-year history in the country to accelerate the adoption of artificial intelligence (AI) and cloud technologies. With these investments, Microsoft is directly contributing to France’s National Strategy for AI and aligns with the recent recommendations of the French Commission for Artificial […] Read more

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Silicon Canals
Origin Hope @ Silicon Canals · 05/14/2024 04:40 EDT

Amsterdam-based startups that raised funding in April 2024; 6 of them are hiring right now

Several innovative Amsterdam-based startups raised fundings this April, fueling the rapid growth of startups in the city. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/14/2024 03:57 EDT

Accel announces new €602.6M early-stage fund; here’s how it plans to utilise this capital in Europe

Global venture capital firm Accel announced that it has raised a $650M (approximately €602.67M) fund to back early-stage startups in Europe and Israel. This is Accel’s eighth fund of this kind. The firm invests in startups during their early stages, offering funding from $1M to $20M for seed and Series A rounds. Over the next […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/14/2024 03:36 EDT

These are the richest young Dutch tech millionaires in 2024, according to Quote

The world of tech entrepreneurship is known for its fast-paced growth, disruptive innovations, and potential for massive financial returns. And in the Netherlands, a new generation of tech entrepreneurs is emerging, poised to take the country’s tech scene by storm.   With their innovative ideas and cutting-edge products, these young Dutch tech millionaires are attracting attention […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/14/2024 02:41 EDT

Norrsken VC closes second fund at €320M; aims to back 30+ impact startups

Stockholm-based Norrsken VC, an early-stage impact venture capital fund, announced on Tuesday the final closing of its oversubscribed second fund at €320M, surpassing the original target of €250M. The finalised total makes Norrsken VC Fund II the largest early-stage generalist impact fund in Europe. Who backed Norrsken VC II fund? The Norrsken VC II fund […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/13/2024 09:42 EDT

Amsterdam and Romania-based Magic Lane secures €3M for its mapping and location platform

Amsterdam and Romania-based Magic Lane, a revamped mapping and location platform, has secured €3M in fresh funding led by Dutch VC firm No Such Ventures, to accelerate its efforts to transform the location industry. Raymond Alves, CEO of Magic Lane, says, “With this investment, we can truly accelerate our efforts to transform the location industry. […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/13/2024 07:59 EDT

Belgian investor Pitchdrive raises €40M in third fund to back 30 early-stage European startups

Antwerp-based Pitchdrive, a Belgian VC firm, has raised its third fund of €40M to support early-stage startups in Europe. Due to high interest from LPs, Pitchdrive exceeded its initial fund size by more than 30 per cent. It is exclusively accepting investments from entrepreneurs and family offices. Pitchdrive’s previous funds, Fund I and II, performed […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/13/2024 05:02 EDT

UK-based UBIQ bags €4.6M from Blackbaud to modernise the admissions process of schools

London-based UBIQ, a company that aims to unlock new ways for schools to market and communicate, has secured £4M (approximately €4.64M) in strategic investment from Blackbaud, a software provider for powering social impact. With this funding, UBIQ is introducing AMAIS, the first digital experience ecosystem (DXE) for schools. Founded in 2021, UBIQ is on a […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/13/2024 04:57 EDT

Dutch-based Refreshworks secures €750K to drive AI adoption in Dutch businesses: Here’s how

The Hague-based Refreshworks, a partner in AI business transformations, announced on Monday that it has secured €750K from eleven angel investors, specialising in technology, compliance, safety, and consultancy. However, the specific names were not mentioned! The Dutch company will use the funds to further its growth and to transform the Dutch business community into a […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/13/2024 04:11 EDT

After being declared bankrupt, Amsterdam’s StoreShippers shuts shop: Know more 

Pieter Paul van den Hoven, the founder of Amsterdam-based StoreShippers, a provider of last-mile e-commerce delivery services, recently announced the decision to shut the operation through a LinkedIn post.  “As I close this chapter, I’m still excited about e-commerce, logistics, and the value of technology in this space. I’m currently exploring new opportunities and would […] Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 05/13/2024 03:29 EDT

Cognitive diversity: More problem-solving ability and engagement in your company

Diversity is an increasingly common theme. And rightly so, because consciously paying attention to diversity delivers a lot to society and businesses. After all, you make personal and business growth possible if you start from the idea that you can look at any problem or challenge in different ways, according to marketing expert Desmond Boateng […] Read more

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25.11.2024 15:43
Last update: 15:35 EDT.
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