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Vigneshwar Ravichandran @ Silicon Canals · 09/09/2025 10:24 EDT

Rotterdam’s maxwell+spark raises €9M to expand lithium-ion battery solutions in the EU and US

Rotterdam-based maxwell+spark, a lithium-ion green tech company, has secured €9M in a Series B funding round from Alantra’s Energy Transition Fund, Klima. Klima is a €210M fund that invests in technology companies working towards a net-zero energy system. It is supported by Alantra and Enagás, along with investors like the European Investment Fund, the Canadian ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/09/2025 09:31 EDT

Amsterdam’s Nebius shares soar 51% after sealing €16.5B AI infrastructure deal with Microsoft

Amsterdam-based Nebius Group, an AI infrastructure company, today announced a new agreement for five years (till 2031) to deliver AI infrastructure to Microsoft, valued at around $19.4B (approximately €16.5B). As a part of this multi-year agreement, Nebius will supply dedicated GPU infrastructure capacity to Microsoft from its new data centre located in Vineland, New Jersey, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/09/2025 07:01 EDT

Amsterdam’s Asperitas raises funding to accelerate energy-efficient cooling across data centre hubs

Amsterdam-based Asperitas, a provider of thermal management solutions, has raised undisclosed funding led by STECON GROUP with participation from Shell Ventures, PDENH, and Invest-NL. STECON GROUP is one of Thailand’s largest construction companies, with over 60 years of experience in building large infrastructure projects such as mass transit systems, highways, petrochemical plants, power plants, renewable ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/09/2025 05:37 EDT

With TNW’s curtain call, here’s your ultimate guide to the Netherlands’ top tech events in 2025–26

In today’s fast-moving technology world, staying ahead isn’t just about keeping up with the latest tools or news; it’s about being part of the narrative that shapes them. Technology doesn’t stand still, and neither should we. From AI and data science to cybersecurity and fintech, some or the other breakthroughs are happening every day. And ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/09/2025 05:30 EDT

Dutch-based OAASIS launches with €2.9M funding to give small businesses big supply chain power

OAASIS raises funding and launches in the Dutch market, offering AI-based supply chain solutions for SMEs and mid-market companies. Amstelveen-based OAASIS, a company that provides AI-driven software for SMEs and mid-market companies to manage and optimise supply chains, has raised €2.9M in funding. OAASIS, launched on 9 September 2025, has officially entered the Dutch market ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/09/2025 04:05 EDT

London-based Fyxer secures €25.5.5M to expand AI executive assistant tool into the US market

London-based Fyxer AI, a startup developing an AI-powered executive assistant tool, has secured $30M (approximately €25.5M) in a Series B funding round. The funding round was led by Madrona with participation from Lakestar Capital. Previous investors include 20VC, 20Growth, and Salesforce founder Marc Benioff. The UK company will use the funds to accelerate the expansion ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/09/2025 03:22 EDT

Amsterdam-based fintech Factris secures €100M funding facility: Know more

Amsterdam’s fintech company Factris has partnered with Brand New Day Bank to provide invoice financing to SMEs across Europe. Amsterdam-based Factris, a European fintech that provides financing solutions for small and medium-sized enterprises (SMEs) using invoices as collateral, has launched a funding partnership with Brand New Day Bank.  The partnership has established a €100M facility ... Read more Read more

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

Agate Sensors bags €5.6M: Co-founder Mikael Westerlund on giving everyday devices ‘superhuman’ vision, defence use cases, and more

Espoo-based Agate Sensors, a startup developing smart sensors for material analysis, has raised €5.6M funding.   This funding round includes €4M in seed funding led by Voima Ventures and LIFTT, as well as €1.6M in grants from Business Finland. Based out of Helsinki, Voima Ventures is a Nordic venture capital firm investing in science-based and deep ... Read more Read more

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

Munich’s Proxima Fusion raises additional €15M to power Europe’s fusion energy sovereignty

Munich-based Proxima Fusion secures additional funding and outlines its next steps in developing stellarator-based fusion power plants. Munich-based fusion company Proxima Fusion has raised an additional €15M in an extension of its Series A round. Investors in the extension include CDP Venture Capital (Cassa Depositi e Prestiti Group), the European Innovation Council Fund (EICF), and ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/08/2025 08:35 EDT

Delft-based RABLE raises €2.5M to put solar panels on weak roofs

Dutch solar scale-up RABLE secures funding for its mounting system that enables solar panels to be installed on weak roofs. RABLE, a solar scale-up based in Delft (Netherlands), has secured €2.5M in funding from SHIFT Invest, Amsterdam’s Rubio Impact Ventures, and the Rotterdam Energy Transition Fund, managed by InnovationQuarter. RABLE develops a self-supporting mounting system ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/08/2025 07:14 EDT

Aarhus-based Understory raises €12M to expand AI platform for experience economy

Aarhus, Denmark-based Understory, a software company that offers business bookings, payments, a dashboard, and marketing services, has raised €12M in a Series A funding round. The round was led by London-based Smedvig Ventures, a high conviction investor backing the best of B2B tech across Europe. “Understory stands out with a stellar team, a clear vision, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/08/2025 06:19 EDT

Haarlem-based Reavant secures €350K to build AI tools for real estate management

Dutch-based Reavant, a developer of AI agents for real estate management, has received a convertible loan as it plans to expand further in Europe. Haarlem-based Reavant, a Dutch developer of AI agents for real estate management, has received a €350,000 convertible loan from Amsterdam’s North Holland Innovation Fund to continue developing its platform. The Innovatiefonds ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/08/2025 05:39 EDT

Amsterdam-based Aplauz closes sale of its Dutch EMI arm to Singapore’s WSPN: Know more

Amsterdam-based Aplauz Financial Services, a fintech company, announced the sale of its Aplauz NL, a licensed Dutch Electronic Money Institution (EMI), to WSPN (Worldwide Stablecoin Payment Network), a global digital payments company. The deal started with a 9.9 per cent minority stake transfer in October 2024 and was finalised in July 2025 following De Nederlandsche ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/08/2025 04:14 EDT

Helsinki-based DataCrunch raises €54.5M to build Europe’s first AI cloud hyperscaler

Helsinki-based DataCrunch, a cloud platform providing GPU compute for AI development, has raised a $64M (approximately €54.5M) in a Series A round co-led by byFounders, Skaala, Varma Mutual Pension Insurance Company, and Tesi. Others, including J12 Ventures and select angel investors, also participated. A portion of the funding also includes debt financing from Nordea, Armada ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/08/2025 03:14 EDT

ASML reportedly becomes French AI unicorn Mistral’s top shareholder after €1.3B investment

Veldhoven-based ASML Holding, a manufacturer of chip-making equipment, is set to invest €1.3B in the Paris-based AI company Mistral, becoming a top shareholder.  This announcement follows reports that the French company has reportedly completing €2B funding round, at a valuation of $14B. With this investment, ASML aims to strengthen European tech sovereignty, reports Reuters.  As ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/08/2025 02:54 EDT

Peter Thiel-backed German drone manufacturer Quantum Systems to invest €50M in the UK to support MoD’s autonomy push

Quantum Systems has announced plans to increase its presence in the United Kingdom through new investments, operations, and leadership appointments. Gilching-headquartered drone manufacturer Quantum Systems has announced a long-term investment plan of up to €50M in the United Kingdom over the next five years. Quantum Systems develops AI-powered unmanned systems, including electric vertical take-off and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 09/06/2025 04:30 EDT

In other news this week: CHARM Therapeutics raises €68.2M, MRM Health secures €55M, HappyRobot bags €37.7M funding and more

Lately, there’s been a lot happening in the technology world. Startups and established companies are busy announcing new funding, forming partnerships, and making acquisitions. It’s been so fast-paced that it’s hard to keep up with every update, and some important news may have gone unnoticed. We can’t cover every story, but it’s important not to ... Read more Read more

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Silicon Canals
Remco Janssen @ Silicon Canals 1 place · 09/05/2025 11:56 EDT

FT just killed The Next Web – and with it, a piece of Europe’s tech ecosystem

It feels like not a month goes by without writing an obituary for another European tech media title. After the demise of TechCrunch Europe, another one bites the dust. At the end of this month, The Next Web Conference and its media title under the same name will be gone. Done, kaput. This isn’t just ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/05/2025 10:26 EDT

Amsterdam’s Easee acquired by Chicago’s Visibly: Know more

Visibly has acquired Amsterdam’s digital eye care company, Easee, to expand its online eye care services. Visibly, a Chicago-based healthcare technology company, has acquired Amsterdam’s Easee, a company in digital eye care. Easee is a provider of digital eyecare services specialising in telemonitoring and hybrid care pathways. Yves Prevoo, founder and CEO of Easee, confirmed ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/05/2025 05:58 EDT

Europe’s fastest supercomputer JUPITER to launch in Germany: Watch live

German research centre Forschungszentrum Jülich to inaugurate JUPITER, an exascale-capable supercomputer, on 5 September 2025. Germany-based Forschungszentrum Jülich, a research centre and founding member of the Helmholtz Association, has announced the launch of JUPITER, an exascale-capable supercomputer, at the Jülich Supercomputing Centre.  The system is the first in Europe, and a livestream of the launch ... Read more Read more

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21.01.2026 21:10
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