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Origin Hope @ Silicon Canals · 03/19/2024 06:40 EDT

7 promising Bristol tech startups you should know about in 2024

Bristol has emerged as one of the UK’s innovation hubs, receiving funding and support that help grow its tech industry. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/19/2024 06:31 EDT

Dutch-based neuromorphic AI chipmaker Innatera raises €15m from Invest-NL, EIC, others 

Rijswijk, South Holland-based Innatera, a pioneer in ultra-efficient neuromorphic processors, announced on Tuesday that has secured €15M in a Series A financing round, co-financed by the EIC Fund, as well as existing investors MIG Capital, Matterwave Ventures, and Delft Enterprises.  The Invest-NL Deep Tech Fund is investing €4.8M in this Series A round.  The latest […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/19/2024 05:27 EDT

From Blackwell platform to quantum-computer simulation microservice: Key announcement from NVIDIA’s GTC 

NVIDIA‘s GPU Technology Conference (GTC) is here!  The company’s founder and CEO Jensen Huang has officially kicked off the annual conference saying “I hope you realise this is not a concert, this is a developers’ conference,” as he took the stage in a crowded arena reserved usually for concerts and ice hockey games. During the […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/19/2024 05:15 EDT

Dutch startup Altura secures €3M for its AI-powered bid management software: Know more

Utrecht-based Altura, a tendering platform, announced that it has secured €3M in a fresh round of funding. Altura, which unveiled its initial software iteration two years ago, initiated discussions with investors Matthijs Huiskamp and Jordi van der Hek for further growth.  Curiosity VC, drawn by Altura’s emphasis on Artificial Intelligence, expressed interest and became a […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/19/2024 03:39 EDT

Amsterdam’s spacetech startup Hiber expands IoT offerings by acquiring Paris-based Srett Industrie: Know more

Amsterdam-based Hiber, an IoT space tech startup, announced that it has acquired Srett Industrie, a Paris-based IoT LoRaWAN-enabled hardware manufacturer specialising in LoRaWAN-enabled devices for ATEX environments.  This acquisition strengthens Hiber’s R&D and manufacturing capacities, enhancing its HiberHilo operations worldwide. The move aims to accelerate innovation in well integrity & monitoring technology for remote locations. […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/18/2024 10:47 EDT

Portuguese care orchestration platform UpHill raises €7M; plans to double its team by 2024-end

Covilhã, Portugal-based UpHill, a care orchestration platform, announced that it has secured €7M in a Series A round of funding led by Explorer Investments, Redstone (and EnjoyVenture), Brighteye Ventures and MSM fund (Mustard Seed Maze). Other investors, including Caixa Capital, SCR, S.A., and Luz Saúde, participated in the round.  The company will use the funds […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/18/2024 09:01 EDT

Rotterdam’s maritime startup accelerator PortXL partners with MINDbase, innovation hub of Dutch Ministry of Defence: Know more

Rotterdam-based PortXL, a maritime startup accelerator, announced on Monday, that it has signed a partnership agreement with MINDbase Rotterdam, one of the ‘hubs’ of the Dutch Ministry of Defence’s innovation organisation. MINDbase was established in 2020 to promote military-focused innovations. Its activities take place at RDM Innovation Dock in Rotterdam, as well as locations in […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/18/2024 08:52 EDT

Spain’s Horizons Optical raised funds to develop and distribute tech for ophthalmic industry

Barcelona-based Horizons Optical, a provider of medical software used in the manufacturing of premium spectacle lenses, announced that it has secured fresh funding from London’s Oakley Capital, a pan-European mid-market private equity investor. Oakley Capital’s Origin Fund I will secure a majority stake in Horizons Optical, with CEO Santiago Soler maintaining a substantial share and […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/18/2024 07:34 EDT

Logistics companies could save over €500M using mixed electric delivery fleets, reveals EIT InnoEnergy’s new study

Globally, logistics providers worldwide are on a quest to decarbonise last-mile deliveries, seeking cost-effective and sustainable solutions.  A trend gaining momentum in this area is the transition towards mixed electric fleets, specifically incorporating e-cargo bikes.  “Logistics providers today are dealing with many simultaneous challenges: rising parcel volumes, stricter city regulations, and the need to save […] Read more

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Silicon Canals
Origin Hope @ Silicon Canals · 03/18/2024 06:29 EDT

Meet the most active investors backing European climate tech startups

The growing climate concerns have sparked a rise in European climate tech startups, with significant investors playing a crucial role in their development. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/18/2024 06:01 EDT

Germany’s Crosstown H2R exits stealth mode with €2M funding, aims to eliminate CO2 emissions from gas turbines

Germany-based Crosstown H2R, a climate tech startup that emerged from stealth mode, has announced funding and partnerships with Switzerland-based Sulzer and Finland’s Fortum. This collaboration aims to facilitate the transformation of gas power plants into zero-carbon energy producers. Crosstown has secured €2M in subsidies and grants from the Swiss Federal Office of Energy (SFOE) and […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/18/2024 04:48 EDT

After selling Reveall, Ferdinand Goetzen launches The Growth Syndicate to help scale B2B companies sustainable: Know more

Amsterdam-based growth leaders Ferdinand Goetzen, Clément Dumont, and Joliene van Grieken, announced on Tuesday, March 12, that they have launched The Growth Syndicate to help B2B companies scale sustainably. After selling Reveall last year, Ferdinand Goetzen has launched a new venture with Joliene van Grieken and Clement Dumont. “We’re aspiring to create a “new kind” […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals 1 place · 03/18/2024 04:00 EDT

Empowering digital transformation in Europe: Rierino’s Mine Ozmen and Jan van der Veen on current challenges and the low-code solution

Last week marked four years since the WHO declared COVID-19 a pandemic. While the pandemic brought the world to a standstill, it will also be seen as the year of digital reckoning for businesses globally. While businesses had been on a digital transformation journey for some time, the pandemic forced them to fast track and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 03/15/2024 08:45 EDT

German startup acto raises €3.7M to transform B2B sales with active decision intelligence

Germany-based acto, a company that offers active decision intelligence for B2B sales teams, has secured €3.7M in a seed round of funding.  The investment was led by 468 Capital and Cusp Capital, along with ongoing support from adesso ventures. The round also saw participation from another.vc and business angels such as Benedikt Franke (Planetly) and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 03/15/2024 06:29 EDT

Amsterdam’s 819 Capital Partners acquires Direct Diagnostics and offers growth funding for expansion

Amsterdam-based 819 Capital Partners (819), an investment firm, has announced the acquisition of Direct Diagnostics from Sanquin Health Solutions (SHS). The deal also includes additional growth funding from 819, a firm specialising in venture capital, private equity, and corporate finance. The amount, however, remains undisclosed. Direct Diagnostics plans to utilise the growth investment to expand […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 03/15/2024 06:22 EDT

French eSIM provider Kolet raises €5M to offer internet access to travellers

Paris-based Kolet, a sustainable eSIM provider, announced on Thursday that it has closed a €5M in a seed funding round with European investment funds daphni and 9900 Capital. The French company will use the funds to bring affordable Internet access to travellers worldwide in over 180 countries. Kolet: Sustainable eSIM provider Founded at the beginning […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/15/2024 05:15 EDT

Y-Combinator backed French firm Lago bags €20M to build Stripe Billing alternative: Know more

Paris-based Lago, an open-source metering & usage-based billing platform, announced that it has secured $22M (approximately €20M) in a fresh round of funding led by FirstMark. Others, including Y Combinator, Lee Fixel’s Addition, New Wave, and Script, as well as industry veterans Meghan Gill (who has led the monetisation efforts of MongoDB for 14 years), […] Read more

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Silicon Canals
Origin Hope @ Silicon Canals · 03/15/2024 05:00 EDT

Here are 7 promising Glasgow tech startups that you should know about in 2024

With Glasgow’s tech scene standing at €3.98B in 2023, the city’s newest wave of tech startups are now expected to grow faster than their predecessors. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 03/15/2024 04:38 EDT

Dutch-based DeepTechXL secures €110M to “support the most promising deeptech startups”

Eindhoven-based DeepTechXL, a venture capital fund, announced that it has closed its DeepTechXL Fund I. The fund was announced in 2022 and aimed for a minimum fund size of €100M. According to fd.nl, the fund has raised €110M through contributions from ASML and pension fund PME.  In addition, the fund also saw support from Brabant […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/14/2024 13:27 EDT

Databricks invests in Mistral AI; here’s everything you need to know about this partnership

San Francisco-based Databricks, a Data and AI company, on Thursday, announced an investment and partnership with Paris-based Mistral AI, a company specialised in generative artificial intelligence.  The announcement comes six months after Databricks raised $500M (approximately €469M) in a Series I round of funding at a $43B (approximately €40B) valuation.  Databrick x Mistral AI: What […] Read more

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26.11.2024 13:15
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