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Vishal Singh @ Silicon Canals 3 place · 07/25/2025 06:49 EDT

Milan-based SunCubes secures €1.1M to develop laser-based drone charging technology

Milan-based SunCubes, a company that claims to be pioneering energy transfer via laser technology, has secured €1.1M in Seed funding. The round was jointly led by RoboIT and CrossConnect, both programmes of CDP Venture Capital’s National Accelerator Network. The round also saw participation from Plug and Play Tech Center and ELIS. The investment will enable ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/25/2025 05:08 EDT

German warehouse software startup pyck picks up €2.6M in Seed funding

Germany-based pyck, a warehouse software startup, has secured €2.6M in Seed funding to advance its open-source and AI-focused toolkit for logistics infrastructure. Thorben Rothe, Partner at IRIS, says, “At IRIS, we look for outstanding tech teams who are reshaping critical infrastructure categories with long-term impact. The warehousing software stack has been stuck in the past ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/25/2025 05:03 EDT

NATO Innovation Fund appoints these two deep tech veterans as investment partners; founding team partner Kelly Chen departs

The NATO Innovation Fund (NIF), an independent venture capital firm backed by 23 NATO Allies, has announced the appointment of two seasoned deep-tech investors to its investment team. Industrial adoption and deep-tech expertise will be crucial to implement the agenda agreed at the 2025 NATO Summit. In the light of the Alliance’s strategic needs, Ulrich ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/25/2025 03:22 EDT

Swiss chipmaker STMicro to acquire Eindhoven-based NXP Semiconductors’ MEMS sensor business for €808.1M

Switzerland’s semiconductor company STMicroelectronics has agreed to acquire Dutch-based NXP Semiconductors’ MEMS sensor business for a total purchase price of up to $950M (nearly €808.17M) in cash.  The agreement includes $900M (nearly €765.59M) payable at closing and $50M (nearly €42.53M) contingent on the achievement of technical milestones. The deal, funded through existing liquidity, is expected ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/24/2025 11:45 EDT

What’s in a Name: How Amsterdam’s Brighter Signals shows naming doesn’t need to be a gimmick

In a world racing toward smarter, more intuitive machines, the ability to truly understand touch has become a pressing need—not just in labs, but in real-life applications from robotics to healthcare.  Yet until recently, most tactile sensing technologies have been too expensive or inconsistent for widespread use. That’s where Brighter Signals comes in. Based out ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/24/2025 10:11 EDT

Amsterdam’s Fortaegis secures TNO backing to develop quantum-resistant chips for military and civilian use

The Hague-based TNO, an independent organisation for applied research, has entered into a strategic partnership with Fortaegis, an Amsterdam-based deep-tech scale-up pioneering a new generation of secure chip technology. By leveraging TNO’s technological expertise, networks, and infrastructure, this collaboration will help accelerate the development of a new generation of security where protection is built into ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/24/2025 07:00 EDT

Berlin’s Trade Republic takes on Dutch banks; introduces the first free current account that pays the full ECB interest rate

Berlin-based Trade Republic, an online broker and bank, has announced a new free current account for its Dutch customers that pays the full ECB interest rate of 2 per cent on unlimited cash balances. With this announcement, customers can now send and receive money instantly, move funds between banks with ease, and earn 2 per ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/24/2025 06:34 EDT

London’s Zenobē secures €325M to expand electric vehicle fleet operations across Europe

London-based Zenobē has secured €325M in debt financing from a syndicate of seven international banks to accelerate electric vehicle fleet expansion across Europe. The syndicate comprises six existing lenders – Mitsubishi UFJ Financial Group, Canadian Imperial Bank of Commerce, ABN AMRO, National Australia Bank, Siemens, and Credit Agricole CIB – plus new participant BayernLB. The ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/24/2025 05:00 EDT

Italy’s IdentifAI raises €5M tackle the threat of AI-generated disinformation

Milan-based IdentifAI has secured €5M in funding led by United Ventures to expand its AI-driven deepfake detection platform across European markets and into the United States. This round follows the company’s €2.2M seed funding it raised less than a year ago. The investment will fuel international expansion and accelerate research and development of the company’s ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/24/2025 04:36 EDT

Belgium-based FixForm’s co-founder Thomas Vanhumbeeck steps down as CEO; find out who’s filling his shoes

Thomas Vanhumbeeck, Co-founder and CEO of FixForm, the smart maintenance platform, announced that he is stepping down from his role after 4.5 years at the helm. He also announced that he will step away from day-to-day operational involvement through a LinkedIn post. “It’s one of the hardest decisions I’ve made — but also the right ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/24/2025 03:36 EDT

London-based Lightyear secures €19.5M to expand investment platform across Europe

London-based investment platform Lightyear has secured $23M (nearly €19.55M) in Series B funding led by NordicNinja, bringing its total funding to $58M (nearly €49.30M). The round also saw participation from existing investors Lightspeed Venture Partners, Metaplanet and Skaala, alongside newcomers Superangel, SpecialistVC, and Bolt founder Markus Villig. Other investors included Sir Richard Branson, Wise’s Taavet ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 07/24/2025 02:47 EDT

Swiss startup Freename raises €5.5M to build the world’s first unified internet: Here’s how

Zurich-based Freename, a domain registrar bridging Web2 and Web3 technologies, has secured $6.5M (approximately €5.5M) in a  Series A funding round led by Entrée Capital. Based out of Tel Aviv, Entrée Capital is a VC investment firm that invests in a wide range of sectors, including AI, Data, DeepTech, FinTech, Cyber, SaaS, and Crypto. The ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 07/24/2025 02:11 EDT

360Learning awarded €1.8M French Government grant for its AI-driven skills training platform

Paris-founded 360Learning, a collaborative learning platform, has received a €1.8M grant from the French Government to support its research and development in AI-powered skills-based learning.  The funding is part of France’s 2030 investment strategy aimed at promoting industrial transformation through innovation.  360Learning plans to use the funds to grow its software and machine learning engineering ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/23/2025 10:24 EDT

Zurich-based Candi Solar secures €20M to expand clean energy reach; eyes major Series D in 2026

Zurich-based Candi Solar, a distributed energy company simplifying clean power for businesses, has secured $24M (approximately €20M) in fresh funding from its existing investors, bringing the total capital raised to over $140M (approximately €120M). The raise includes a $20M convertible loan from Norfund and STOA, alongside a $4M top-up to its existing mezzanine facility with ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/23/2025 08:54 EDT

After hitting unicorn status, Sweden’s AI ‘vibe coding’ startup Lovable becomes the fastest-growing software company ever

Stockholm-based Lovable, an AI platform that lets anyone build end-to-end software by talking to AI, announced that it has just surpassed $100M (approximately €85.2M) in annual recurring revenue (ARR) in just eight months, and has amassed more than 2.3M active users. This makes Lovable the fastest software company to grow from $1M to $100M of ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/23/2025 08:11 EDT

Amsterdam’s Supplied AI raises €1.6M to become the ‘Stripe for compliance’, plans to double its team by 2025-end

Amsterdam-based Supplied AI has secured €1.6M in seed funding led by Rethink Ventures and Volve Capital to transform how digital platforms handle onboarding, compliance, and regulatory reporting. The round also saw participation from Volta Ventures, EWOR, and Newschool.VC, alongside angels including Christoph Morbee, Michiel Goris, Constantine Gerasimovich, and Ardan Bousche (ClickPatrol). Supplied AI already serves ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/23/2025 07:27 EDT

Milan-based Soplaya secures €6M to digitise restaurant supply chains

Lombardy, Italy-based Soplaya, the digital platform transforming supply chains for the HoReCa sector, today announced the successful closing of its €6M in a Series A round, bringing its total funding to €22M to date. The round was backed by leading investors Alkemia Capital, CDP Venture Capital SGR, Riello Investimenti SGR, and P101, with legal support ... Read more Read more ›

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Silicon Canals
Bella The AI Editor @ Silicon Canals · 07/23/2025 06:16 EDT

Germany’s 4screen shifts gears with €17.89M to scale the world’s first driver interaction platform

Munich-based 4screen has secured $21M (€17.89M) in Series B funding led by Bosch Ventures, with participation from NewRoad Capital Partners and Bayern Kapital. The round also included participation from Dr. Mark Grether, Uber & PayPal Ads architect, alongside all existing Series A investors, including S4S Ventures, Continental VC, Summiteer, BayBG, FRIBA Investment, and Opera Ventures. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/23/2025 06:06 EDT

Amsterdam’s Greener Power Solutions appoints Jasper van den Driest as new CEO: Know more

Amsterdam-based Greener Power Solutions, an impact startup looking to lower the CO2 footprint with mobile batteries and smart energy planning, announced the appointment of Jasper van den Driest as its new Chief Executive Officer, effective 1 September 2025. He will succeed co-founder and outgoing CEO Dieter Castelein, who steps down after eight years of leadership. ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/23/2025 04:41 EDT

German property management startup Buena rides 500% growth wave to €49.4M Series A backed by GV, 20VC, others

Berlin-based Buena, a proptech company, has secured $58M (nearly €49.42M) in total funding, including a Series A, to digitise property management. The funding follows the company’s revenue growth of over 500 per cent in 2024 and over 300 per cent in 2023. The round was led by GV, with participation from investors including 20VC, Stride, ... Read more Read more ›

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13.08.2025 17:49
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