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Silicon Canals
Vishal Singh @ Silicon Canals · 03/28/2024 08:07 EDT

German B2B fintech startup Bavest raises €1.1M in pre-seed funding: Know more

Bavest, a Frankfurt/Munich-based B2B fintech company, has announced that it secured €1.1M in a pre-seed round of funding. The latest round includes notable backers such as Bitpanda’s Christian Trummer, ReZoom Capital, Nautic Ventures, Jens Rehwinkel, Dieter Staib, and senior figures from leading consultancies and the fintech sector.  They support the founders with strategic guidance as […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/28/2024 08:04 EDT

Paris-based Surge gets €7.5M to decrypt immune system and accelerate precision medicine

Paris-based Surge, a company specialised in high-dimensional immune system analysis, announced on Thursday that it has secured €7.5M in a fresh funding round.  The funding round was led by Eurazeo with the participation of Kima, Teampact, and MH Innov’, as well as the support of historical funds Boutique Venture, HCVC, and 50 Partners Santé.  The […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/28/2024 07:07 EDT

Meet the 48 companies joining the EIC Scaling Club to boost European deep tech scale-up ecosystem

The EIC Scaling Club, on Thursday, announced the list of the first 48 European deep tech scale-ups to join its community of investors, corporate innovators, mentors, media firms, and other industry stakeholders. The announcement comes ahead of the ‘Ignition Forum’ event scheduled on 9-10 April in Brussels and Leuven, Belgium. What is the EIC Scaling […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/28/2024 05:20 EDT

England’s LiNa Energy gets €4M to develop low-cost solid-state sodium batteries: Know moreLiNa Energy

Lancaster, England-based LiNa Energy, a developer of low-cost solid-state sodium batteries, announced that it has secured £3.5M (approximately €4M).  The funding round was led by Jacob Wolff-Petersen (partner in LiNa Energy), which comprises £2.7M (approximately €3.1M) of equity and £815k (approximately €952K) grant from the Future Enterprise Investor Partnership administered by Innovate UK. Besides standalone […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 03/28/2024 04:05 EDT

Germany’s Innocent Meat bags €3M to enable meat processors to produce cultured meat directly in-house

Germany-based Innocent Meat, a company creating an end-to-end system to enable meat producers to transition to cell-based meat, announced that it has secured €3M in a fresh round of financing.  The investors in this round include Venture Capital Fonds MV, contributing €500K, and a new private investor, with €2.5M. Capital utilisation Innocent Meat says this […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/28/2024 03:57 EDT

Eindhoven’s Integer Technologies gets backing from Rotterdam’s Graduate Entrepreneur Fund: Know more

Eindhoven-based Integer Technologies, a startup specialised in sustainable energy installation solutions, announced on Monday, March 25, that it has secured pre-seed investment from Graduate Entrepreneur Fund.  The funding comes six months after Integer Technologies won the Gerard & Anton 2023 awards in September last year. Birth of Integer Technologies Heat pumps, solar panels, and thermal […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/28/2024 02:47 EDT

London-based Bitcoin startup raises €9.2M in Seed funding: Know more

London-based Build on Bitcoin (BOB), a “first-of-its-kind” hybrid Layer-2 powered by Bitcoin and Ethereum, has closed a $10M (approximately €9.24M) seed funding round led by Castle Island Ventures.  The round also saw participation from investors, including Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, Asymmetric, Antalpha, Web3.com Ventures, BTC Frontier Fund, Zeeprime, and angels such […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/27/2024 18:59 EDT

Invest-NL invests €10M in Amsterdam-based SET Ventures’ fourth fund to set the path to a carbon-free economy

Amsterdam-based Invest-NL, a Dutch national financing and development institution, has injected €10M into SET Fund IV, managed by Dutch VC firm SET Ventures. Other investors in Fund IV include the European Investment Fund (EIF), ABN AMRO Bank, Triodos and ASR.  The SET Fund IV focuses on backing companies leveraging digital technologies and data to drive […] Read more

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Silicon Canals
Origin Hope @ Silicon Canals · 03/27/2024 10:03 EDT

10 trailblazing Dublin-based startups to watch out for in 2024

As the tech industry continues to evolve in Ireland, various startups are making buzz in Dublin. Read more

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Silicon Canals
Origin Hope @ Silicon Canals · 03/27/2024 09:56 EDT

Meet the companies that raised the top 7 UK funding rounds in Q1 2024; 6 of them hiring right now

UK startups have been thriving in the first quarter of 2024 with several startups securing considerable funding rounds. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/27/2024 09:44 EDT

UK’s iCustoms scores €2M to help businesses automate customs processes more efficiently using AI

London-based iCustoms, a company offering fully automated customs management solutions, announced on Tuesday, March 26, that it has secured $2.2M (approximately €2M) in a seed funding round. Fuel Ventures, PlugnPlay, Outrun Ventures, Montblu Capital, SyndicateRoom, and leading angels backed the funding round. The company will use the funds to improve and enhance its technology to […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/27/2024 09:07 EDT

Amidst Adobe’s AI advances, Canva acquires UK’s creative software platform Affinity: Know more

Canva, an online design and publishing tool, on Tuesday, announced the acquisition of Affinity, a creative software suite for professional photo editing, illustration, graphic design, and page layout. The announcement comes a few hours after Adobe unveiled its GenStudio, a new application that lets brands create content through generative AI at Adobe Summit.    This acquisition […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/27/2024 08:05 EDT

UK-based WASE raises €9.9M to scale its waste-to-energy technology: Know more

Bristol-based WASE, a startup that aims to accelerate sustainable waste and energy innovation, announced that it has secured over £8.5M (approximately €9.91M) in funding, including £2.4M (approximately €2.79M) in non-dilutive support. This capital influx will facilitate WASE’s expansion efforts, enabling them to fulfil signed contracts, advance projects in their pipeline, and enhance their product range. […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/27/2024 07:17 EDT

London-based Oriole Networks gets €11.6M to optimise machine learning processing: Here’s how

London-based Oriole Networks, a developer of artificial intelligence (AI) optimisation technology, announced on Thursday that it has raised £10M (approximately €11.6M) in the Seed funding round.  The funding round was co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. What does Oriole Networks solve? […] Read more

0 newcommer

Silicon Canals
Vishal Singh @ Silicon Canals · 03/27/2024 06:28 EDT

UK-based WASE raises €9.9M to scale its waste-to-energy technology: Know more

Bristol-based WASE, a startup that aims to accelerate sustainable waste and energy innovation, announced that it has secured over £8.5M (approximately €9.91M) in funding, including £2.4M (approximately €2.79M) in non-dilutive support. This capital influx will facilitate WASE’s expansion efforts, enabling them to fulfil signed contracts, advance projects in their pipeline, and enhance their product range. […] Read more

0 newcommer

Silicon Canals
Vignesh R. @ Silicon Canals · 03/27/2024 05:11 EDT

Stockholm-based Agteria Biotech secures €1.4M from Norrsken Launcher to combat methane emissions

Stockholm-based Agteria Biotech, a company specilised in biotechnology solutions for reducing methane emissions from livestock, announced on Wednesday that it has secured €1.4M in a pre-seed funding round led by Norrsken Launcher.  The Swedish company will use the capital to provide scalable, cost-effective solutions to tackle cattle methane emissions. Cattle methane emissions constitute approximately 10% […] Read more

0 newcommer

Silicon Canals
Vishal Singh @ Silicon Canals · 03/27/2024 04:40 EDT

Dubai firm signs “historic” deal with Dutch-based PAL-V, orders over 100 flying cars

Dubai-based Aviterra, an aviation and aerospace component manufacturing firm, has inked a deal with PAL-V, a Dutch company that designs roadable aircraft, to introduce the Liberty flying car to the Middle East and Africa. The agreement includes Aviterra acquiring more than 100 PAL-V Liberty flying cars, making an investment, and establishing a strategic partnership for […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/27/2024 04:19 EDT

Dutch pension funds PMT and PME invest €100M to back deep-tech scale-ups in Netherlands

PMT (Pensioenfonds Metaal en Techniek) and PME (Pensioenfonds van de Metalektro), on Friday, March 22, announced that they are jointly investing €100M in Dutch deep-tech scale-ups.  Deep-tech refers to advanced technologies that offer solutions to complex societal problems in healthcare, agriculture, energy, and manufacturing. The unique aspect of deep-tech is the integration of innovative, complex […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/26/2024 10:41 EDT

‘Off the Grid’ developer Gunzilla Games secures €27.6M for its blockchain-based digital economy platform

Frankfurt-based Gunzilla Games, a AAA games developer, announced on Tuesday that it has secured a combined funding of $30M (approximately €27.6M). This includes a $10M strategic token round co-led by CoinFund and Avalanche’s Blizzard Fund, with participation from Republic Capital and Morningstar Ventures.  Additionally, there were previously unreported equity and validator sales. The company will […] Read more

0 newcommer

Silicon Canals
Vignesh R. @ Silicon Canals · 03/26/2024 09:50 EDT

Estonian EV-charging startup Eleport secures undisclosed funding; plans to invest €20M+ in 2024 

Tallinn-based Eleport, a provider of electric vehicle charging networks, announced that it has closed a funding round from its current investors Ambient Sound Investment and Gren.  The company did not reveal the specific amount of funding they received. The Estonian company plans to invest over €20M in 2024 and more than €100M in the upcoming […] Read more

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26.11.2024 09:35
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