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Origin Hope @ Silicon Canals · 04/03/2024 07:46 EDT

Meet Rotterdam’s Q1-funded startups: They’re hiring now!

Rotterdam's startup landscape saw impressive growth in Q1 2024, with disruptive startups securing substantial funding. Now, they are actively seeking talented individuals to join their ranks! Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 04/03/2024 05:46 EDT

French medical robotics company Quantum Surgical bags €30M from EIB to advance tumour treatment: Know more

Montpellier, France-based Quantum Surgical, a medical robotics company, announced that it has secured €30M loan from the European Investment Bank (EIB). This investment benefits from the guarantee of the InvestEU program established by the European Commission. This is the second loan granted by the EIB to Quantum Surgical, following an initial financing in 2021 for […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 04/03/2024 05:00 EDT

Swedish ‘fintech for fintech lenders’ Scayl exits stealth mode with €100M in vault: Here’s its capital deployment plan

Stockholm-based Scayl, a debt financing platform, announced its emergence from stealth on Wednesday. It has raised €100M to provide lenders with access to flexible and transparent funding structures. The startup was founded in 2023 by Medjit Yalmaz (CEO), Patrik Blomdahl (COO), and Jatin Goyal (CTO), along with a team of ex-VC (Swedbank), ex-Private Credit (Credo […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/03/2024 04:23 EDT

Main Capital Partners closes its latest two buyout funds with €2.4B in commitments: Know more

Main Capital Partners, a European enterprise software investor, announced that it has closed its latest buyout funds, Main Capital VIII and Main Foundation II, with a total of €2.44B in commitments.  These funds have nearly doubled in size compared to the firm’s predecessor funds, bringing Main’s total Assets under Management to around €6B. Charly Zwemstra, […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/03/2024 03:00 EDT

Finland’s Aico secures funding from Accel-KKR to help companies streamline financial close processes

Accel-KKR, a global technology investment company, announced that it has invested a majority stake in Espoo-based Aico Group, a company that offers a financial close software platform for large businesses. The funding amount, however, remains undisclosed. With this investment, Accel-KKR is now joining current investor Juuri Partners as a backer of Aico. Juuri Partners and […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 04/02/2024 09:56 EDT

Austrian health tech scale-up Xund extends seed round funding to €8M to digitise the patient journey: Here’s how

Vienna-based XUND, a health tech scale-up, announced on Tuesday that it has secured €2M in an extended Seed funding round, bringing the total funding raised to €8M. New investor Thieme Group participated in the funding round, along with existing investors, including MMC Ventures and MassMutual Ventures. However, the Austrian company has been collaborating with Thieme […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 04/02/2024 09:28 EDT

Helsinki-based Onego Bio gets €37M to develop animal-free egg protein

Helsinki-based Onego Bio, a food-biotech company, announced on Tuesday that it has secured $40M (approximately €37M) in a Series A funding round led by NordicNinja, marking one of the largest A-rounds in the Nordics.  The round also included equity investments from Tesi and EIT Food, existing investors Agronomics, Maki.vc, Holdix Turret, and certain strategic partners.  […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 04/02/2024 08:35 EDT

OpenAI announces change in ownership structure: Sam Altman’s role in startup fund removed

OpenAI, a US-based AI research organisation, recently announced that it has modified the governance structure of its venture capital fund, removing former CEO Sam Altman from control, according to a filing with the US Securities and Exchange Commission (SEC).   The OpenAI Startup Fund, which has raised $175M from partners like Microsoft, invests in early-stage companies […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/02/2024 07:53 EDT

London’s proptech startup Coadjute secures €3.5M to digitally connect the UK property market

London-based Coadjute, a company that helps with property technology, has announced that it secured fresh funding from Lloyds Banking Group, Nationwide, NatWest and Rightmove. Lloyds Banking Group led the investment with £3M (approximately €3.5M) as part of a £10M funding round. This is the first time that the three large mortgage companies in the UK […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 04/02/2024 06:58 EDT

Amsterdam’s Rapid Photonics secures €300K convertible loan from Innovatiefonds Noord-Holland

Amsterdam-based Rapid Photonics, a spin-off from the Vrije Universiteit Amsterdam, announced on Thursday, March 28, that it has secured €300K convertible loan from Innovatiefonds Noord-Holland.  The Dutch company plans to use the funding to make its technology market-ready for the production of integrated photonic chips in lithium niobate, a next-generation material for integrated photonic chips. […] Read more

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Silicon Canals
Origin Hope @ Silicon Canals · 04/02/2024 05:33 EDT

Spain’s biggest Q1 funding rounds in 2024

Spain’s venture capital ecosystem is young and vibrant, with a growing number of successful startups coupled with optimistic venture capitalists. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/02/2024 05:10 EDT

Germany’s Recare secures €3.2M to help hospitals manage patient discharges smoothly

Berlin-based Recare, a SaaS platform streamlining patient transfers from hospitals to care providers, announced that it has raised €3.2M in fresh funding to enhance its digital discharge management marketplace in Germany. The funding includes contributions from existing investors and a €2M loan facilitated by Gilion, which is known for helping tech companies access funding and […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 04/02/2024 04:10 EDT

Wageningen-based Time-travelling Milkman secures €850K to make dairy alternatives more appealing

Wageningen, Netherlands-based Time-travelling Milkman, a food tech company, announced that it has secured €850K in a Seed round of funding from new investor Alianza Team and existing shareholders Oost NL, SHIFT Invest, and Oterap.  The funding will help the company to strengthen its team, scale the production, and expand the market entry of Oleocream, a […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/02/2024 04:09 EDT

Amsterdam’s travel app Stippl bags €575K to offer AI-driven travel planning: Know more

Amsterdam-based Stippl, an all-in-one travel app, announced that it has secured €575K in funding. The funding came from Australia’s Marbruck Investments and Volve Capital from the Netherlands. Joost Bijlsma, Partner at Volve Capital, says, “Investing in travel apps means backing the journey of exploration and discovery of their community. Stippl redefines traveller’s experiences, turning aspirations […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 03/29/2024 06:31 EDT

Dutch government commits €2.5B to improve Eindhoven’s infrastructure to retain ASML: Know more

The Dutch government, on Thursday, announced that it will spend €2.5B to improve the Eindhoven region’s transport and other infrastructures, including the availability of technical education. As part of the plan, the cabinet will release €1.28B from the National Growth Fund and will contribute an additional €450M on top of that. Economic Affairs Minister Micky […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 03/29/2024 05:41 EDT

Germany-based watttron raises €12M to expand its sustainable packaging solutions

Germany-based watttron, a company that claims to be a leader in digital temperature control systems, announced that it has secured €12M in a Series B round of funding.  With this funding, watttron aims to transform sustainable packaging solutions and broaden its presence in American and Asian markets. Investors supporting watttron The investment was led by […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 03/29/2024 04:12 EDT

FTX founder Sam Bankman-Fried gets 25 years of prison; SBF meme coin pump and dump: All you need to know

FTX founder Sam Bankman-Fried, on Thursday, was sentenced to 25 years of prison by U.S. District Judge Lewis Kaplan for what prosecutors called “one of the largest financial frauds in US history.” The sentence that was given in Manhattan Federal Court was shorter than the sentence that federal prosecutors had requested.  Kaplan said Bankman-Fried has […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/29/2024 03:24 EDT

Amsterdam’s Stories bags €850K to provide tailored workspaces to independent therapists, coaches

Amsterdam-based Stories, a Dutch co-working for independent therapists and coaches, announced that it has secured €850K in additional funding, enabling rapid response to increased demand for flexible practice spaces. Founded in 2019, Stories introduces co-working spaces tailored for therapists, coaches, and independent healthcare providers. The company supports healthcare professionals, emphasising mental and physical well-being to […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/28/2024 10:15 EDT

London-based Metaview bags €6.4M to help recruiters with AI-powered note-taking platform

London-based Metaview, an AI-powered interview note-taking platform for recruiters, announced on Thursday that it has secured $7M (approximately €6.4M) in a fresh round of funding round led by Plural.  Coelius Capital and existing investors Vertex Ventures US, Seedcamp, Village Global, as well as, notable angels including Kyle Parrish (Figma VP of Sales), and Barney Hussey-Yeo […] Read more

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26.11.2024 09:36
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