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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 09/05/2025 05:56 EDT

Dutch photonics startup MicroAlign secures funding

Eindhoven-based MicroAlign, a spin-off from the Eindhoven University of Technology, has secured €350K in funding from the Brabant Startup Fonds BV, with the support of TU/e KTO – The Gate. With this funding, the company will expand the range of its fibre array specifications, enabling smaller pitch sizes and supporting a higher number of fibres. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 09/05/2025 04:40 EDT

EIC Scaling Club’s deep tech scaleups, including Dutch-based Axelera AI, raise €1.2B funding

European Innovation Council (EIC) has announced that its 120 member companies have collectively raised over €1.2B in funding since joining the programme. The announcement was made by Stéphane Ouaki, Acting Director of the European Innovation Council & SMEs Executive Agency (EISMEA), during the EIC Scaling Club Ambition Forum in Riga, Latvia. What is the EIC ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/05/2025 04:02 EDT

Utrecht-based Zympler secures €1.5M to help businesses manage energy systems

Utrecht-based energy software company Zympler secures seed funding. The company provides a platform that links and manages energy systems for businesses. Utrecht-based Zympler (formerly Simpl.energy), an energy software company for businesses, announced that it has raised €1.5M in seed funding. Arches Capital led the round with co-investor ROM Utrecht Region. ROM Utrecht Region is a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/05/2025 02:53 EDT

Eindhoven’s TracXon raises €4.75M to offer sustainable and more material-efficient alternative to polluting PCBs

Eindhoven-based TracXon, a deep tech spin-off from TNO, has raised €4.75M in seed funding. The round was led by DeepTechXL, with participation from Invest-NL and the Brabant Development Agency (BOM). The announcement comes six months after TNO joined forces with Techleap and Invest-NL to accelerate tech-related innovations, support startup growth, and enhance competitiveness.  TracXon is ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/05/2025 02:48 EDT

Amsterdam-based NLR’s HYDRA II becomes first drone to fly on liquid hydrogen in the Netherlands

Amsterdam’s NLR completed the first flight of its drone powered by liquid hydrogen in Dutch airspace. The flight tested hydrogen technology and safety procedures. Amsterdam-based NLR – Netherlands Aerospace Centre announced the first test flights of its HYDRA II drone powered by liquid hydrogen. The flights were carried out at NLR’s site in Marknesse, a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 10:31 EDT

What’s in a name: How two rectangles and a wave function shaped Equal1’s brand story

Quantum computing can tackle complex problems that regular computers can’t handle. However, it faces challenges with scaling up and costs. Here’s where Dublin-based Equal1, founded by experts in quantum physics and semiconductors, aims to democratise quantum computing by making it accessible and affordable with its innovative quantum silicon technology. What does Equal1 do? Founded in ... Read more Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 09/04/2025 09:05 EDT

How Cradle leverages Dutch Visa for international talent to build AI-powered biology solutions

In a bustling biotech lab in Amsterdam, a quiet revolution is taking place. Cradle, the AI-powered protein engineering company, is solving some of biology’s most complex challenges by assembling one of Europe’s most diverse technical teams. With 70 employees spanning more than 10 nationalities across Amsterdam and Zurich, the company exemplifies how strategic international hiring ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 09:02 EDT

Paris-based Mistral AI reportedly set for €2B raise, eyes $14B valuation

Paris-based Mistral AI, a company specialised in generative artificial intelligence, is reportedly in the process of concluding a €2B funding round that would value the company at $14B. If successful, this investment would make Mistral AI one of the most valuable tech startups in Europe. The announcement comes at a time when European AI companies ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 06:40 EDT

Amsterdam’s DutchBasecamp joins forces with ACE to help founders expand globally; appoints new MD

DutchBasecamp (DBC), an Amsterdam-based non-profit organisation that helps startups and scale-ups towards international growth, announced a strategic partnership with ACE. With years of experience and a global network, DutchBasecamp has supported over 750 startups and scale-ups in identifying the right markets, developing effective go-to-market strategies, and overcoming the challenges of international expansion. DutchBasecamp x ACE ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/04/2025 06:38 EDT

Swiss drone startup Flybotix secures nearly €8.5M to scale confined-space industrial inspections

Lausanne-based Flybotix, a robotics company developing drones for industrial inspections, has raised a Series A extension round. Lausanne-based Flybotix, a robotics company focused on drone-based inspection of confined spaces in industrial and civilian assets, has raised nearly $10M (nearly €8.58M) in a Series A extension round.  The round was led by a family office focused ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 05:46 EDT

Dutch firm Avantium raises €65M to cover financial runway until EBITDA break-even in 2027

Amsterdam-based Avantium, a company specialising in sustainable chemistry technologies, announced the launch of a €65M capital increase through a fully committed and underwritten rights offering. The announcement comes a few weeks after signing a conditional agreement with its lenders — ABN AMRO, ASN, ING, Invest-NL, and Rabobank to extend and amend its Senior Debt Financing ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/04/2025 05:31 EDT

New Kid on the Block: After a €9M donation post-exit, Martijn Kaag returns with Dutch-based Veriam to fix ESG and B2B SaaS infrastructure

Sharing data between companies should be simple; however, often it isn’t the case. Teams face challenges with identity, access, billing, and contracts across various tools. As a result, it increases support tickets and compliance risks, along with too many logins for users.  Startups often try to fix this by linking various tools, but this can ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 09/04/2025 05:30 EDT

The PR playbook for tech scaleups: How to turn your fundraise into a story VCs, prospects, customers and talent can’t ignore

Raising capital is a significant milestone. But turning that milestone into momentum is where the real growth happens. Yet from a PR perspective, too many European scaleups make the same mistake: they announce their Series A or B, land a flurry of headlines…and then disappear from the headlines and conversation. Meanwhile, competitors with an ongoing ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/04/2025 03:35 EDT

Brussels-based Wooclap secures €25M to expand its interactive learning platform: Know more

Brussels-based edtech company Wooclap secures new funding to expand its interactive learning platform for higher education and corporate training. Brussels-based Wooclap, a Belgian edtech SaaS company specialising in pedagogical engagement and active learning platforms, has raised €25M in funding. The round was led by Impact Expansion, a €150M private equity fund that provides growth capital ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 09/04/2025 03:12 EDT

EU Quantum unicorn: Finland’s IQM raises €275M in record-breaking Series B

Espoo-based IQM Quantum Computer, a company specialised in full-stack superconducting quantum computers, has raised €275M in a Series B funding round, bringing the total funding raised to date to $600M (approximately €514M). The latest round marks the largest Series B raise ever in the quantum space, both in Europe and outside of the US. The ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 09/04/2025 02:36 EDT

Germany’s TrustNXT secures €1.6M to protect business videos and images from AI manipulation

German computer vision & cybersecurity startup TrustNXT raises pre-seed funding to develop technology that protects visual data in business processes. Hamburg-based TrustNXT, a German computer vision & cybersecurity startup and a corporate spin-off of Basler AG, has secured €1.6M in pre-seed funding. The round includes participation from D11Z.Ventures and High-Tech Gründerfonds (HTGF). Tizian Hoppen, Senior ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/03/2025 10:53 EDT

This research tech startup scaled from being founded in 2022 to being acquired by Sweden’s Aonic for €214M+

Stockholm-based Aonic, a group of multiplatform tech and gaming companies, announced the acquisition of research technology firm Prime Insights for a total transaction value of over $250M (approximately €214M). With this acquisition, Prime Insights becomes part of Aonic, creating a global rewards and data platform that serves over 50 million consumers and includes 12 consumer ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/03/2025 09:47 EDT

UK’s Xampla bags €12M to replace single-use plastics with plant-based alternatives 

Cambridge-based Xampla, a creator of natural materials for commercial applications, has secured $14M (approximately €12M) in a Series A funding round. The funding round was co-led by Emerald Technology Ventures, which focuses on packaging, along with BGF, a major investor in the UK and Ireland, and Matterwave Ventures from Munich. “Working with Xampla is part ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 09/03/2025 08:33 EDT

Meet the Draper Pitch Prize 2025 winners: Founders share their experiences, expectations, and what comes next

Draper University, in partnership with LUMO Labs, Enschede SLUSH’D, and local ecosystem partners, has announced the winners of the Draper Silicon Spring Pitch Prize 2025. The competition, held at the University of Twente’s U ParkHotel, brought together five finalists pitching before a jury of seasoned investors and ecosystem leaders. Draper’s Silicon Spring Pitch Competition is ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 09/03/2025 06:27 EDT

Dutch medtech company ViCentra secures €72M to expand its Kaleido insulin patch across Europe

ViCentra, maker of the Kaleido insulin patch pump, has closed a Series D funding round from new and existing investors. The company plans to launch Kaleido 2 in Europe. Utrecht-based ViCentra, the company behind Kaleido, has closed an $85M (nearly €72M) Series D funding round. The Dutch company develops and manufactures the Kaleido insulin patch ... Read more Read more ›

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21.01.2026 23:09
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