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Silicon Canals
Vishal Singh @ Silicon Canals · 09/18/2025 04:32 EDT

SkyWest invests in Dutch aircraft design company Maeve Aerospace to develop a new regional jet

Utah-based SkyWest has entered into an investment agreement with Delft-based aircraft design company Maeve Aerospace. Utah-based SkyWest has entered into an equity investment agreement with Maeve Aerospace, a Delft-based aircraft‐design company. Chip Childs, SkyWest President and CEO, says, “SkyWest is committed to leading our industry forward, and we’re pleased to invest in Maeve as the ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/18/2025 03:34 EDT

Province of Limburg and VDL Groep invest €25M to boost jobs, sustainability, and industry in Born

The Province of Limburg and VDL Groep announced that they are investing €25M to promote innovation, create jobs, and improve the quality of life around the VDL site in Born. Out of the total, VDL is contributing €10M, while the Province is proposing to allocate €15M for future development. The €15M proposed by the Provincial ... Read more Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 09/18/2025 03:00 EDT

Top 10 VC and PE in Europe: Meet the Performance Leaders

Amidst tariff uncertainty and AI-fication of everything, Europe’s private capital landscape continues to demonstrate remarkable resilience and innovation. According to PitchBook’s 2024 Annual Manager Performance Score League Tables, European VCs and PEs are not just competing on the global stage; they’re leading it. Using a methodology that accounts for strategy, performance and fund maturity, PitchBook’s ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/18/2025 02:47 EDT

Arches Capital backs PromptWatch in €1.2M round to optimise brand visibility in AI search

PromptWatch, a Generative Engine Optimisation (GEO) and AI visibility platform, has secured €1.2M in a seed funding round led by Arches Capital. “This €1.2M seed funding is incredible validation for what we’ve built together. In just a short time, we’ve managed to create something truly special, working closely with our partners and customers,” says the ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/18/2025 01:57 EDT

London-based Omnea raises €42.4M to make buying and managing suppliers easier for businesses

Omnea has secured new funding to expand its AI-powered procurement platform and enhance its supplier management capabilities. London-based Omnea, an AI-native platform that streamlines procurement across teams and systems, has raised $50M (nearly €42.40M) in Series B funding. This brings the company’s total raised funding to over $75M. The round was led by Insight Partners ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/17/2025 09:03 EDT

Amsterdam’s Fastned launches €100M bond issue to accelerate European charging network expansion

Amsterdam-based Fastned, Europe’s leading fast-charging company for electric vehicles, announced the launch of a new bond subscription to raise €100M, marking the third tranche of bonds issued in 2025. The proceeds from this issue will support the continued expansion of the company’s network of fast-charging stations across both existing and new markets. The latest bond ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/17/2025 07:33 EDT

Dream team: Rotterdam’s Somnox partners with Zovio

Rotterdam-based Somnox, a sleep technology company known for its innovative breathing-based sleep solutions, has announced a strategic partnership with Zovio to bring its products into hospitals, mental health institutions, and healthcare organisations. “With this partnership, Somnox becomes part of the Zovio range and brings it closer to the people who need it most, in a ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/17/2025 07:26 EDT

London’s Nscale teams up with Microsoft, NVIDIA, and OpenAI to supercharge UK’s AI infrastructure; Stargate UK announced 

UK-based Nscale, an AI infrastructure provider, has announced a partnership with several major US technology companies, including Microsoft, NVIDIA, and OpenAI, to support the UK AI sector. This announcement comes with the launch of the UK-US Technology Partnership aimed at enhancing AI capabilities between the two countries. Sir Keir Starmer, UK Prime Minister, says, “In ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/17/2025 05:23 EDT

Sweden’s EvoluteIQ raises €44.7M to expand its agentic AI platform for enterprise

Stockholm-based EvoluteIQ completed a growth capital round to support its global expansion in AI-led enterprise automation. Stockholm-based EvoluteIQ, a native AI platform serving global Fortune 500 clients, announced the completion of a $53M (nearly €44.73M) minority growth capital round led by Baird Capital. The investment will support the company’s global expansion and its development in ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/17/2025 05:06 EDT

Budget 2025: Netherlands commits record €1.8B R&D budget, €230M for semiconductors, €200M for startup growth, and more 

Every third Tuesday of September is Prinsjesdag Day in the Netherlands.  On September 16th, the Dutch caretaker government announced several measures to benefit businesses and entrepreneurs. Starting in 2026, the Ministry of Economic Affairs will contribute over half a billion euros to innovation.  Below are the key takeaways from the budget 2026: Quarter of a ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/17/2025 03:32 EDT

UK-based AI enterprise platform Shop Circle extends its Series B round to $100M: Know more

London-based Shop Circle, which builds AI-driven software for enterprise infrastructure, has extended its Series B round to support growth. London-based Shop Circle, a company focused on building an AI-driven software group for enterprise infrastructure, has extended its Series B funding round to $100M (nearly €84.43M). The round includes $60M in equity and additional strategic financing. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 09/17/2025 03:00 EDT

London-based BNVT Capital launches €126.5M debut fund to back AI-first startups tackling global challenges

London-based VC firm BNVT Capital announced the launch of its debut $150M (approximately €126.5M) fund to invest in AI-first and technology-driven companies that solve humanity’s most pressing challenges. BNVT Capital was founded by Rory Mounsey-Heysham (ex-Gates Foundation), Chris Corbishley (ex-Hedosophia), and Nasir Alsharif, Chairman of Sackville Capital. London-based Sackville has seeded the firm, which already ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/17/2025 02:17 EDT

Germany’s suena energy raises €8M to boost AI-powered smart trading for batteries and renewables

suena energy has completed a Series A funding round to support the growth of its AI-based trading platform for battery storage and renewable energy assets. Hamburg-based suena energy, a company focused on algorithmic optimisation and trading for energy storage systems and renewable energy, has closed a €8M Series A funding round.  The round was led ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 11:10 EDT

US-based Workday to buy Stockholm’s Sana for $1.1B to accelerate “superintelligence at work”

California-based Workday, which provides an AI platform for managing people and finances, has announced its plan to acquire Sana, a company that creates advanced knowledge tools for businesses. Under the terms of the definitive agreement, Workday will acquire all of the outstanding shares of Sana for approximately $1.1B.  The transaction is expected to close in ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 09:40 EDT

Amsterdam’s Sympower lands €19M to expand battery storage optimisation and pursue M&As

Amsterdam-based Sympower, a company enabling the transition to a fully renewable energy system, has secured €19M in funding from pension investor PGGM, investing on behalf of PFZW, the Dutch health care pension scheme. PGGM manages over €250B in pension assets and has a nearly €7B portfolio in energy infrastructure. “Sympower has a highly skilled team ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 08:20 EDT

Amsterdam’s LABFRESH launches new crowdfunding round to expand flagship retail network

Amsterdam-based Labfresh, a startup that aims to fight overconsumption by developing intelligent apparel, announced the launch of a new crowdfunding round to support the opening of additional flagship stores. According to the company, the decision to expand retail now is based on two reasons: In the upcoming months, the company plans to open two flagship ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 06:39 EDT

CSL to pay $117M upfront for option to acquire Dutch biotech VarmX, potential $2.1B in milestone payments

Leiden-based VarmX, a biotechnology company specialising in therapies for coagulation disorders, announced a strategic collaboration with Australian biotechnology firm CSL to advance the development of its lead product — VMX-C001. John Glasspool, Chief Executive Officer of VarmX, says, “The collaboration with CSL represents a transformative step for VarmX. By securing full funding for the registrational ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/16/2025 06:36 EDT

Delft-based agri-tech company PATS bags €2.7M to scale its AI pest control solutions

PATS raises funding to advance its automated pest monitoring and control systems that help growers cut chemical use and protect crops. Delft-based PATS, a Dutch agri-tech company focused on automated pest monitoring and control, has raised €2.7M in Seed funding.  The funding round came from Division Q, Percival Participations, Delft Enterprises, and several tech and ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/16/2025 05:23 EDT

Pension-powered propulsion: Aspire11 launches €500M fund to awaken and harness the dormant European pension capital

Aspire11, led by Pavel Mucha, launched a €500M pension-backed fund to connect long-term pension capital to private markets and venture capital. Prague-based global fund Aspire11 has announced the launch of its first €500M pension-backed fund, led by Pavel Mucha, a venture capital investor in the Central and Eastern European region. The fund is intended to ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/16/2025 04:34 EDT

Carl Pei’s Nothing becomes unicorn after raising $200M at $1.3B valuation, aims to reinvent smartphones with AI OS

London-based Nothing, the independent consumer technology company, today has secured $200M (approximately €170M) in a Series C funding round at $1.3B valuation. The round was led by Tiger Global, with strong participation from existing investors GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, alongside new backing from Nikhil Kamath and Qualcomm Ventures. In addition to ... Read more Read more

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