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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 1 place · 05/13/2024 03:00 EDT

UK childcare startup tiney secures €8.3M from Rubio Impact Ventures, others

London-based tiney, a childcare startup offering early years education to children across England, announced on Monday that it has raised  £7.2M (approximately €8.3M) in a Series A funding round led by Mustard Seed Partners, with participation from PortfoLion, Sparkmind, and Rubio.  The latest funding round brings tiney’s total funding to date to £19M (approximately €22M).  […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 05/10/2024 07:00 EDT

Dutch New Narrative Lab (DNNL) joins forces with VU Amsterdam to empower underrepresented entrepreneurs: Know more

The Dutch New Narrative Lab (DNNL), announced recently that it has signed an agreement with President of the Executive Board Margrethe Jonkman and Chief Impact Officer Davide Iannuzzi of VU Amsterdam. The collaboration is a strategic move towards fostering diversity, sustainability, and entrepreneurship within the Dutch startup ecosystem. “With this agreement, we fortify our collaboration, […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 05/10/2024 06:43 EDT

Dutch-based Solvari continues its buy-and-build strategy; acquires Amsterdam-based Offerte.nl

Utrecht-based Solvari, a platform where people find renovation and sustainability jobs, has acquired Amsterdam’s Offerte.nl, an SME mediator in the Netherlands and Belgium. Offerte.nl connects people who need services with local businesses. The company has been operating in the Netherlands for 10 years and expanded to Belgium in 2021 and Scandinavia in 2023. Currently, it […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 05/10/2024 04:38 EDT

France-based inHEART secures €10.2M to optimise cardiac care with its AI-powered health solutions

France-based inHEART has secured $11M (nearly €10.20M) in fresh funding to grow its business. The company makes medical software that uses AI to create a digital version of the heart. The software helps doctors do cardiac ablation, which treats heart problems. Vesalius Biocapital IV and Elaia Partners led the investment. Other investors, like NACO, Sagana, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/10/2024 04:32 EDT

Scottish startup Nami Surgical bags €3.7M funding to advance robotic surgery

Glasgow-based Nami Surgical, a spin-out company from the Centre for Medical and Industrial Ultrasonics (C-MIU) at the University of Glasgow, announced on Wednesday, May 8, that it has secured $4M (approximately €3.7M) of investment and grant funding.  Eos Advisory, an impact investment firm based in St Andrews, led the seed round with $3.1M approximately €2.8M).  […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/10/2024 02:57 EDT

Scotland-based 2i raises fresh funding to expand its software testing, automation and engineering services

Edinburgh-based 2i, a company that helps clients with testing and quality assurance, has secured eight-figure funding from Rockpool Investments, a London-based company that helps businesses grow fast. Founded in 2005, 2i is a quality assurance and software testing company that helps both private and public organisations launch big IT programmes safely. The company works with […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/09/2024 08:24 EDT

Cambridge-based Kubos Semiconductor closes  €1.8M to accelerate its cubic GaN technology 

Cambridge-based Kubos Semiconductor, a microLED material technology company, announced on Tuesday, May 7 that it has secured $2M (approximately €1.8M) in funding, bringing the company’s total funding raised to $5.5M (approximately €5.1M).  The UK-based company has received support from three veterans of the compound semiconductor industry and three strategic investors — Martin Lamb, Drew Nelson, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/09/2024 06:42 EDT

Romanian VC Early Game Ventures launches Early Game Ventures Fund II at €60M: Know more

Bucharest-based Early Game Ventures (EGV), a venture capital firm, on Thursday, announced the launch of a new €60M fund — Early Game Ventures Fund II, to invest in early-stage startups in CEE. The fund received €30M from the European Investment Fund’s Recovery Equity Fund, financed by the National Plan for Recovery and Resilience under the […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/09/2024 06:16 EDT

Innovate UK grants €1.1M to London’s Stratiphy to accelerate trustworthy AI solutions in finance

London-based Stratiphy, a company which builds technology for creating personalised investment plans, announced the consortium it leads, has been awarded a £1M (approximately €1.16M) grant from Innovate UK. This will help the consortium, led by Stratiphy, speed up the development and use of reliable AI solutions in the financial services industry. Innovate UK, a part […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/09/2024 04:51 EDT

Meet the six finalists of Draper’s Silicon Spring Pitch Competition

Eindhoven-based LUMO Labs, in collaboration with its local ecosystem partners and Draper University, announced the six startup finalists for Draper’s Silicon Spring Pitch Competition. An international group of finalists from Belgium, Germany, and the Netherlands were selected by the jury members from dozens of applications.  The six finalists include:  What is Draper’s Silicon Spring Pitch […] Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 05/09/2024 04:48 EDT

How should you handle asking your boss for a promotion?

No matter how good your working relationship is with your manager, asking for a promotion will need careful preparation and strategy.  Prep is key, because in this scenario, you need to make a bullet-proof case for why you should be given more responsibility––and money. Asking off the cuff will make it far easier for your […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 05/09/2024 04:41 EDT

Khosla Ventures and former NBA star Pau Gasol-backed Luzia lands €17.7M for its AI assistant on WhatsApp

Madrid-based Luzia, a startup that offers an AI assistant for WhatsApp, announced that it has secured $19M (approximately €17.70M) in fresh funding. The investment came from Monashees, Khosla Ventures, Endeavor Catalyst, former basketball player Pau Gasol and A*, among other investors and partners. This funding will help Luzia improve its AI products and expand its […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/09/2024 02:48 EDT

UK’s online jewellery marketplace Nivoda raises €27.9M; plans to double its team size

London-based Nivoda, an online jewellery marketplace, announced that it has secured $30M (approximately €27.92M) in its Series B round of funding. The round was led by Avenir Growth Capital and joined by existing investors Headline and Abstract Ventures, along with the addition of Canaan Ventures. Taylor Brandt, Principal at Headline, says, “We were lucky to […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/08/2024 08:28 EDT

Dutch VC Capital Mills’ first German investment: Innoloft secures funding to make coding as easy as PowerPoint

Aachen, Germany-based Innoloft, a no-code startup, announced on Wednesday that it has secured investment in a fresh funding round led by Dutch VC Capital Mills, with participation from existing shareholders. This is Capital Mills’ first investment in a German company.  This new round builds upon the success of the previous seed round closed in 2023, […] Read more ›

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

Valencia-based AI-powered HRtech startup Sesame raises €23M in funding round led by GP Bullhound

Valencia-based Sesame, a human resources management startup, announced that it secured €23M in fresh funding led by GP Bullhound funds, with the participation of PSG.  The startup claims it is one of the top choices for HR solutions in Spain, serving a large number of clients. Albert Soriano, CEO of Sesame, says, “In Spain, it […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/08/2024 06:50 EDT

UK’s fintech startup Abound secures €0.9B to increase access to fair credit through AI and open banking

London-based Abound, a credit technology company, announced on Tuesday, May 6, that it has secured £0.8B (approximately €0.9B) in debt and equity in a new funding round, bringing the total up to £1.3B (approximately €1.5B).  The funding round includes a multi-year asset-backed debt financing arrangement from Citi, backed by loan originations. In addition, the Series […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/08/2024 05:27 EDT

Germany’s everyone energy closes seed funding to automate renewable energy planning

Berlin-based everyone energy, a greentech startup that accelerates the expansion of renewable technologies in buildings through energy transition consulting software, has secured fresh funding in its seed round. The seven-figure funding amount, however, remains undisclosed. The round was led by High-Tech Gründerfonds (HTGF) and Germany-based neoteq ventures, an early-stage VC. Fabian Reetz, co-founder of everyone […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/08/2024 05:25 EDT

Founded by a registered blind lawyer and backed by Microsoft and Google, UK legaltech startup Definely raises €6.5M

London-based Definely, a legaltech company created to make legal documents easier to read, edit, and understand, announced on Wednesday that it has raised $7M (approximately €6.5M) in a Series A funding round.  The funding round was led by Octopus Ventures, with participation from Cornerstone VC and Zrosk Investment Ltd.  The round also saw participation from […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 05/08/2024 03:47 EDT

Norwich-based Homemove raises €1.3M to streamline the home-moving experience

Norwich, England-based Homemove, a startup specialised in home moving services, announced recently that it has secured $1.5M (approximately €1.3M) funding from angel investors and family offices without a lead Venture Capital investor. The company will use the capital to expand its network, accelerate its marketplace technology, innovate, and enhance customer home-moving journeys and experiences with […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 05/08/2024 03:08 EDT

Swiss-based Yuon Control raises funds to help reduce your energy consumption and CO2 emissions

Bern-based Yuon Control AG, a company that specialises in developing solutions for heating control, has completed its initial funding round. The funding amount, however, remains undisclosed. In April 2024, Yuon claims to have concluded its initial financing round. Investors include climate-tech investors and industry professionals from Switzerland, as well as S2S Ventures and Kiilto Ventures […] Read more ›

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25.11.2024 16:35
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