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Silicon Canals
Vishal Singh @ Silicon Canals · 06/24/2025 03:53 EDT

Axiles Bionics closes first €6M of its €8M Series A round to globalise its biomimetic prosthetic foot

Brussels-based Axiles Bionics, a deeptech and medtech spin-off from Brubotics at the Vrije Universiteit Brussel (VUB), has closed the first €6M tranche of its €8M Series A financing round.  The round was led and structured by PE Group, with support from the EIC Fund, Finance&Invest.brussels, private investors, entrepreneurs, and the company’s management team. Capital utilisation ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/23/2025 09:41 EDT

Polish VC firm Movens Capital launches €60M Fund II to back Central European tech startups

Warsaw-based venture capital firm Movens Capital has announced the launch of its second fund with a €60M commitment to invest in Central and Eastern European tech startups. As of mid-2025, the fund has secured €40M in commitments. The multi-stage fund has attracted backing from prominent institutional investors, including the European Bank for Reconstruction and Development ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/23/2025 06:41 EDT

After €92.7M, Amsterdam’s FINOM raises €115M from AVP and others

Amsterdam-based FINOM, a digital banking solution for SMEs and entrepreneurs, has secured €115M in a Series C funding round led by AVP (previously AXA Venture Partners). AVP is an independent global investment platform dedicated to high-growth, tech (from deep-tech to tech-enabled) companies across Europe and North America, managing more than €2.5B of assets across four ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/23/2025 06:27 EDT

Italy’s Zanichelli turns a new page: 166-year-old publisher’s €60M tech bet on future of learning

Italy’s publishing house Zanichelli Editore has launched ZNEXT, a €60M build-and-acquire initiative dedicated to developing ‘world-class’ technology businesses focused on unlocking human potential. Founded in 1859 in Italy, the 166-year-old publishing company is creating this new venture to invest in edtech, future of work, lifelong learning, and wellbeing technology companies through both a venture builder ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/23/2025 05:18 EDT

Cedars-Sinai launches €43.4M Coronet Ventures Netherlands Fund to back Dutch health tech startups

Los Angeles-based Cedars-Sinai Technology Ventures has officially launched Coronet Ventures Netherlands, its third international healthcare-focused investment fund, aimed at supporting early-stage health and life sciences startups across the Netherlands. “At Cedars-Sinai, we are dedicated to advancing innovations that improve patient care while making healthcare more efficient and cost-effective. With Coronet Netherlands, we are building new ... Read more Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals 2 place · 06/23/2025 03:00 EDT

From Mexico City to Rotterdam: How the Dutch Startup Visa launched Estefania Hernandez’s HR tech revolution

In January 2024, Estefania Hernandez packed her bags and left Mexico City behind, embarking on a journey that would see her launch her third startup in an entirely new ecosystem. With approval for the Dutch Startup Visa in hand, she arrived in Rotterdam ready to build a company with global ambitions. Today, just over a ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 06/23/2025 02:24 EDT

London’s AI startup PhysicsX raises €117.4M in Atomico-led round to reshape engineering and manufacturing

London-based PhysicsX, a deeptech startup building AI to power engineering, has secured $135M (nearly €117.43M) in Series B funding led by Atomico. The round saw participation from Temasek, Siemens, Applied Materials, and July Fund, along with continued support from existing investors including General Catalyst, NGP, Radius Capital, Standard Investments, and Allen & Co. Peter Koerte, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/23/2025 02:00 EDT

Sweden’s Techarena secures €1.08M: Founder Omid Ekhlasi on European growth plans, founder needs, and why collaboration beats competition

Stockholm-based Techarena, Europe’s fastest-growing entrepreneurship platform, announced that it has secured SEK 12M (approximately €1.08M ) from venture capital firm BackingMinds. BackingMinds is a European venture capital firm that invests in the blind spots of venture capital and overlooked founders and segments. The company has invested in successful companies such as CemVision, TransferGalaxy, and TrusTrace ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 06/21/2025 05:08 EDT

In other news this week: AURELIUS closes Fund V at €830M, Pelico raises €34.7M to expand AI-powered supply chain platform, Jet HR raises €25M and more

The past few days have been packed with big news across the startup world. From fresh funding rounds and new partnerships to acquisitions, there’s been a lot happening all at once.  With so many updates, it’s hard to keep track of everything, and let’s face it, we’ve probably missed a few along the way. That’s ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 06/20/2025 11:01 EDT

Amsterdam’s Plek acquired by Dutch-based BCS HR Software: Know more 

s-Hertogenbosch, the Netherlands-based BCS HR Software, a Human Resource Management (HRM) and payroll software provider, announced the acquisition of Amsterdam-based Plek, a provider of employee engagement and internal communication solutions. The acquisition marks the eighth add-on since BCS partnered with Main Capital Partners in April 2022. Main Capital Partners is a software investor managing private ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 06/20/2025 10:35 EDT

AI Tool of the Week: Voicemod’s AI dongle unlocks real-time AI voice changing for console gaming; now available in Europe 

As gaming and digital self-expression continue to evolve, more players are seeking tools that enhance creativity across platforms. One company at the forefront of this movement is Voicemod, known globally for its real-time AI voice transformation technology. Based out of Valencia, Spain, the company’s mission is to empower people to supercharge their voice wherever they ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/20/2025 08:22 EDT

French AI-powered kids’ media company raises €73.8M to turn platform-native children’s IPs into global franchises

Paris-based Animaj,  a next-generation kids’ media company, announced the close of an $85M (approximately €73.8M) funding round. The round was led by HarbourView Equity Partners (USA) and Bpifrance Large Venture (France), with participation from JP Morgan, Bootstrap Europe, Left Lane Capital, XAnge, Daphni, and Marquee Ventures. ‍Fund utilisation The company will use the new funding ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 06/20/2025 08:07 EDT

Amsterdam-based email security firm Zivver gets acquired by California’s Kiteworks

Amsterdam-based Zivver, a provider of secure communications known for its AI-powered email security solutions, has been acquired by California’s Kiteworks.  Kiteworks operates a Private Data Network used for managing the sending, sharing, receiving, and use of private data. The network supports over 100 million end-users and 1,500 enterprises.  In August 2024, Kiteworks received $456M in ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 06/20/2025 06:19 EDT

Dutch-based Eneve emerges after merger of these 4 energy software firms; secures backing from Vortex Capital partners

Four energy software companies, Energy21, Ecedo, Jules and Gridhub, have merged and will continue under the name Eneve. The merger supports the development of a software platform that enables energy companies to manage the full energy value chain. The companies combine more than 25 years of experience, over 130 specialists, and offices in the Netherlands, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/20/2025 05:18 EDT

Eindhoven’s secure data transfer startup LiveDrop raises €2.1M for deployment in NATO-aligned markets

Eindhoven-based LiveDrop, a company specialised in secure offline data transfer, announced the closing of an oversubscribed $2.5M (approximately €2.1M) seed round. The funding round was led by Value Creation Capital, with additional participation from Secfund, a strategic Dutch initiative supporting national security innovation, and UK-based Kadmos Capital. Value Creation Capital is a Dutch deep-tech investor ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/20/2025 03:59 EDT

Oslo’s ONiO raises €5M to scale MCU that cold-starts under 1µW, runs on ambient energy

Oslo-based ONiO, a fabless IoT company specialising in ultra-low-power microcontrollers, has raised €5M led by Stockholm-based node.vc, with Helsinki’s Maki.vc as co-lead. Node.vc is an early-stage venture capital firm based in Stockholm, investing in groundbreaking tech startups across the Nordic and Baltic regions. The firm manages a €80M fund backed by over 70 prominent tech ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/20/2025 03:22 EDT

Punto Health wins NN Social Innovation Startup Award 2025; secures €100K grant for AI platform transforming dementia care

The most impactful solutions often come from those who’ve lived the problems they aim to solve. This truth was reflected clearly at the second edition of the NN Social Innovation Startup Award, where six startups pitched their solutions to pressing social challenges aimed at improving well-being. Punto Health, a company transforming dementia care, emerged as ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/19/2025 09:33 EDT

What’s in a Name: Founder Cristian Bello sheds light on the naming journey of Amsterdam’s Lumen Career

Finding a job these days isn’t easy. Between endless rejections and the pressure to customise every application, even experienced professionals are burning out. While AI tools promise quick help, most of them are built for other markets and often miss the mark when it comes to Dutch hiring culture. That’s where Lumen Career, a new ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/19/2025 07:22 EDT

Swedish EV maker Polestar charges up with €174M equity investment: Know more

Gothenburg-based Polestar, a premium electric vehicle firm, announced that it has secured a $200M (approximately €174M) equity investment from PSD Investment Limited, an existing investor. PSD Investment is an entity controlled by Mr. Shufu (Eric) Li, Founder and Chairman of Geely Holding Group. Under the terms of the securities purchase agreement, Polestar will issue and ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/19/2025 07:12 EDT

Prosus partners with Techleap to propel Dutch tech ecosystem by leaps and bounds

Amsterdam-based Prosus, a global technology company, has announced a strategic partnership with Techleap, a Dutch non-profit organisation supported by the Ministry of Economic Affairs.  The collaboration aims to advance Techleap’s mission to develop the Dutch tech ecosystem and assist scale-ups. As part of the deal, Prosus will offer its experience in artificial intelligence, company scaling, ... Read more Read more

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11.07.2025 20:02
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