Silicon Canals

News from Silicon Canals


Fresh news
Other news
older that 24 hours
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/25/2025 05:27 EDT

UK’s Nscale secures €936M in Europe’s largest-ever Series B to expand AI data centres

UK-based Nscale, an AI infrastructure provider, has raised $1.1B (approximately €936M) in a Series B round, marking the largest Series B in UK and European history. The financing was led by Aker ASA, with support from existing shareholders, including Sandton Capital, and participation from Blue Owl Managed Funds, Dell, Fidelity Management & Research Company, G Squared, Nokia, NVIDIA, ... Read more Read more

2

Silicon Canals
Vishal Singh @ Silicon Canals · 09/25/2025 05:09 EDT

Dutch-based Rapidemic secures €2.3M grant from Gates Foundation: Know more

Dutch-based Rapidemic BV received a grant from the Gates Foundation to support the development of its molecular testing platform. Leiden-based Rapidemic BV, a Dutch molecular diagnostic company, announced that it has received a $2.7M (nearly €2.30M) grant from the Gates Foundation. The grant will support the development of RapiDetect CT/NG, the company’s platform technology for ... Read more Read more

9

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/25/2025 04:25 EDT

Copenhagen-based Light gets €25.5M from Balderton Capital and others to replace old accounting systems with AI

Copenhagen-based Light, an AI-native finance platform, has raised $30M (approximately €25.5M) in a Series A funding round led by Balderton Capital. The funding brings Light’s total raised to $43M (approximately €36.6M). Balderton Capital is a multistage venture firm with more than two decades of experience supporting Europe’s best founders from Seed to IPO. “We’ve seen ... Read more Read more

3

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/25/2025 03:30 EDT

Amsterdam’s DFF Ventures announces first close of Fund III at €50M to back Vertical AI, recommerce marketplaces

Amsterdam-based DFF Ventures (previously Dutch Founders Fund) has announced the launch of its third fund — DFF Ventures III, and has successfully secured €50M of its €60M target. The firm aims to support a diverse range of sectors, including Vertical AI, recommerce platforms, and marketplaces. The first close of Fund III was reached quickly at ... Read more Read more

1

Silicon Canals
Vishal Singh @ Silicon Canals · 09/25/2025 02:59 EDT

Holy Technologies raises €4.3M to open the world’s first autonomous factory for lightweight components

Germany-based Holy Technologies has secured funding to develop AI-driven autonomous manufacturing for lightweight components in Europe. Europe faces challenges in industrial innovation as manufacturing continues to depend on older processes and offshore production models. Hamburg-based Holy Technologies is focusing on lightweight manufacturing to address these issues. The company announced that it has secured €4.3M to ... Read more Read more

4

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 09:47 EDT

Warsaw-based sun.store raises €6M to digitise Europe’s fragmented solar procurement market

Warsaw-based sun.store, a solar-oriented trading platform connecting sellers and buyers, has secured €6M in seed funding, marking one of the largest early-stage rounds in Poland to date. The round was co-led by Contrarian Ventures, Market One Capital, and Movens Capital, with additional backing from FJ Labs, Push Ventures, and Aidiom. The fresh capital will accelerate ... Read more Read more

27

Silicon Canals
Vishal Singh @ Silicon Canals · 09/24/2025 06:03 EDT

German company Cylib receives €26M to turn old EV batteries into new materials

Cylib, a German battery recycling company, has received funding to build a lithium-ion battery recycling facility in North Rhine-Westphalia. Aachen-based Cylib, a German sustainable end-to-end battery recycling company, has received €26.1M in funding.  The investment came from the European Union ERDF/JTF programme in North Rhine-Westphalia (NRW) to construct a lithium-ion battery recycling facility at CHEMPARK ... Read more Read more

14

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 05:52 EDT

Sweden’s Cetasol secures €2.3M to scale AI-driven maritime solutions

Gothenburg, Sweden-based Cetasol, a company specialised in AI-driven solutions that transform vessel operations, has secured €2.3M in a seed funding round. The round was co-led by BackingMinds and Shift4Good, with participation from existing investor Sarsia. BackingMinds is a Swedish venture capital investor that finds and backs high-performing founders outside the networks of traditional venture capital. ... Read more Read more

2

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 04:51 EDT

Delft’s Single Quantum and Brooklyn’s Qunnect join forces with CERN to launch Quantum Networking Lab

Delft-based Single Quantum, a developer of superconducting nanowire single-photon detectors, and Qunnect, a Brooklyn-headquartered company, announced a collaboration. Together, they will work with CERN’s Quantum Technology Initiative to launch its new quantum networking laboratory at CERN. CERN: European Organisation for Nuclear Research Based out of Geneva, CERN (Conseil européen pour la Recherche nucléaire) is the ... Read more Read more

2

Silicon Canals
Vishal Singh @ Silicon Canals · 09/24/2025 04:07 EDT

London-based TRIVER secures €130.5M to help UK SMEs get faster access to cash: Know more

TRIVER, a London-based fintech, has secured new funding to expand its cash flow finance services for UK small businesses. London-based TRIVER, an SME working capital provider, has announced it has secured up to £114M (nearly €130.51M) to change how UK small businesses access finance. The £114M financing includes a £14M (nearly €16M) Series A equity ... Read more Read more

2

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/24/2025 03:19 EDT

Techleap gets €14.8M with three-year extension as Dutch govt unveils plans to fuel startup and scale-up growth

The Dutch government has announced a commitment to strengthening the country’s startup and scale-up ecosystem, unveiling its new action plan “Building the Tech Champions of Tomorrow.” This agenda further supports previously established goals in areas such as financing, talent acquisition, tech jobs, scaling growth, and a focus on knowledge-intensive startups, particularly in deep tech. Drops ... Read more Read more

0

Silicon Canals
Vishal Singh @ Silicon Canals · 09/24/2025 03:03 EDT

This US startup 3D-prints rocket fuel, and a European investor is backing it to bolster NATO and allied resilience and readiness

Firehawk Aerospace, a US-based defence tech firm, has closed an investment round with participation from European and US investors. Firehawk Aerospace, a Texas-based defence technology company, has closed a $60M (nearly €50.87M) investment round. The amount of the investment was not disclosed. The oversubscribed round was led by 1789 Capital, whose partners include Donald Trump ... Read more Read more

1

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/23/2025 09:22 EDT

etn, Europe’s take on TBPN, raises €171K at €1.1M+ valuation to ‘save European tech media’

London-based The European Technology Network (etn) has raised £150K (approximately €171K) in funding from European angels at a valuation exceeding £1M (approximately €1.1M)  to reshape European tech journalism. Angel investors who participated include: With this move, etn aims to create a technology show similar to TBPN, a daily live video podcast that started around eleven ... Read more Read more

0

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/23/2025 07:20 EDT

Amsterdam’s Insify secures €16.3M to expand AI-powered SME insurance platform

Amsterdam-based Insify, the insurtech platform for freelancers and SMEs, has raised €16.3M in a Series B funding round. The round was led by Evli Growth Partners, with continued support from Accel, Opera Tech Ventures, Munich Re Ventures, Visionaries Club, and Frontline Ventures. Based out of Helsinki, Evli Growth Partners is a later-stage VC investing in ... Read more Read more

0

Silicon Canals
Vishal Singh @ Silicon Canals · 09/23/2025 06:01 EDT

Dutch-based Time-Travelling Milkman bags €2M to roll out Oleocream, a sunflower-based dairy cream alternative

Dutch foodtech startup Time-Travelling Milkman secures funding to expand the commercial rollout of its plant-based cream alternative. Wageningen-based Time-Travelling Milkman (TTM), a Dutch foodtech startup, has secured €2M in Pre-Series A funding. TTM added two strategic investors in this round: Sparkalis, the venture arm of Puratos, which will support expansion in bakery and patisserie categories, ... Read more Read more

26

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/23/2025 04:46 EDT

Dutch-based Revyve raises €24M to expand yeast-based egg alternative production

Gelderland, the Netherlands-based Revyve, a food tech startup, has raised €24M in a Series B funding round, bringing its total capital raised to more than €40M. The round was co-led by ABN AMRO Sustainable Impact Fund and Invest-NL. Out of the total funding, Invest-NL invested €7M. The ABN AMRO Sustainable Impact Fund is one of ... Read more Read more

0

Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 09/23/2025 04:05 EDT

NVIDIA backs voice AI unicorn ElevenLabs: Know more

London-based AI voice company ElevenLabs announced an investment from NVIDIA to support its AI audio technology. ElevenLabs, a London-based AI voice technology company, announced that NVIDIA has invested in the company. The announcement followed a conversation between ElevenLabs co-founder Mati Staniszewski and NVIDIA CEO Jensen Huang on LinkedIn. The discussion coincides with ongoing AI collaboration ... Read more Read more

22

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/23/2025 03:49 EDT

NVIDIA to invest up to $100B in OpenAI for “biggest AI infrastructure project in history”

OpenAI and NVIDIA have announced a major partnership to accelerate OpenAI’s computational capabilities. The industry leaders are calling it the “largest AI infrastructure project in history.” The initiative was revealed during a joint conversation with NVIDIA CEO Jensen Huang, OpenAI CEO Sam Altman, and OpenAI President Greg Brockman, hosted by CNBC’s Jon Fortt. “This is ... Read more Read more

9

Silicon Canals
Vishal Singh @ Silicon Canals · 09/23/2025 03:00 EDT

Connect Earth acquires Stockholm’s Datia to create a platform for tracking carbon and ESG for banks and investors

Connect Earth has acquired Datia. Together, they will provide a unified sustainability data and reporting platform for financial institutions. Connect Earth, a London-based climate fintech that provides carbon measurement solutions to financial institutions, has acquired Stockholm’s Datia, an ESG reporting platform used by asset managers and financial institutions in Europe and the US. The acquisition ... Read more Read more

6

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/23/2025 02:17 EDT

London’s Tide hits unicorn status after raising €101M funding at €1.27B valuation

London-based Tide, a business management platform, has secured $120M (approximately €101M) funding led by TPG, a global alternative asset management firm, at a valuation of $1.5B (approximately €1.27B). With this round, the UK management company achieves unicorn status.  Oliver Prill, CEO of Tide, says, “Securing this investment from TPG is a major milestone for Tide ... Read more Read more

1

Most popular sources

  • You see 897 news out of 897.
  • Sources 61 out of 61.
Business Insider 27% 7
Gizmodo 12% 0
Tom's Hardware 10% 7
Wired 8% 1
The Verge 6% 2
View sources »

LIKE us on Facebook so you won't miss the most important news of the day!

21.01.2026 17:03
Last update: 16:55 EDT.
News rating updated: 23:50.

What is Times42?

Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.


Times42 © 2026