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Silicon Canals
Vignesh R. @ Silicon Canals · 03/12/2024 07:50 EDT

Finnish medtech firm Sooma bags €5M to treat neurological and psychiatric disorders: Here’s how

Helsinki-based Sooma, a medical device company, announced on Tuesday that it has secured €5M in growth funding led by Voima Ventures, a Nordic early-stage investor. Others, including Verge HealthTech Fund and existing investor Stephen Industries, participated in the round.  The funding will help the Finnish company to help more patients globally by accelerating product development […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/12/2024 06:17 EDT

French healthcare startup HawkCell bags €5M to enhance animal healthcare and preclinical research

Lyon-based HawkCell, a healthtech startup, announced that it has secured €5M in a Series A round of funding led by a German venture capital firm MIG Capital, with participation from French investment bank, Bpifrance. HawkCell transforms human MRI into the first animal-dedicated imaging with AI algorithms, using its plug-and-play technology for veterinary applications, advancing animal […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/12/2024 04:43 EDT

Amsterdam’s Ellogon secures €1M to advance personalised immunotherapy innovation

Amsterdam-based Ellogon, a company working on personalising immunotherapy with data and algorithms, announced that it has secured €1M in fresh funding from ROM InWest and UvA Ventures Holding. Rudi Rust, CEO of UvA Ventures, says, “We are pleased to announce our recent investment in Ellogon, a company at the forefront of cancer immunotherapy. Emerging from […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 03/12/2024 04:09 EDT

EIC selects 27 projects to receive funding; 3 are from the Netherlands

The European Innovation Council (EIC) has announced that 27 projects have been selected from the September 2023 EIC Transition cut-off. Out of the total, three are from the Netherlands. These successful proposals were chosen from 257 eligible submissions and will each receive a grant of up to €2.5M. Participants from 16 EU Member States and […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/12/2024 02:53 EDT

UK’s Ada Ventures closes €73.8M second fund to support “Inclusive Alpha” founders: Know more

London-based Ada Ventures, an inclusive venture firm, has announced the final close of a £63M (approximately €73.83M) fund, the second fund from the firm, to support a diverse group of early-stage founders. Institutional investors, including the British Business Bank, the University of Edinburgh, Big Society Capital, Atomico, the Export and Investment Fund of Denmark (EIFO), […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/12/2024 02:46 EDT

Berlin’s Quantistry bags €3M to foster R&D innovation through AI and Quantum tech: Here’s how

Berlin-based Quantistry, a provider of cloud-native chemical simulation platforms, announced on Tuesday that it has secured €3M in a fresh funding round led by Ananda Impact Ventures. Other investors, including Chemovator, the business incubator of BASF, IBB Ventures, and a Family Office, also participated in the round.   The capital injection will boost Quantistry’s efforts to […] Read more ›

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Silicon Canals
Origin Hope @ Silicon Canals · 03/11/2024 10:18 EDT

The hottest of Helsinki – 10 startups to watch out this year

Helsinki is one of the hottest startup hubs in the world, growing numerous successful startups to watch out for in 2024. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/11/2024 10:09 EDT

Event of the month: 6 reasons why you should attend 0100 Conference Europe 2024 in April

The 0100 Conference Europe is quickly becoming the event of the year for private equity and venture capital professionals.  With an optimistic outlook for the year, professionals are gearing up to tackle emerging challenges and explore new opportunities.  This conference not only offers a platform to discuss economic trends and investment strategies but also addresses […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/11/2024 08:48 EDT

London-based Griffin secures €21.9M, receives regulatory approval to launch as fully operational UK bank

London-based Griffin, a Banking-as-a-Service platform, announced that it has gained approval from the UK’s financial regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), to lift restrictions and transition into a fully operational bank. The company has also been supported by a $24M (approximately €21.94M) funding round led by MassMutual Ventures, NordicNinja, and […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/11/2024 08:03 EDT

Meet Syre, a new Swedish venture launched by Vargas and H&M Group to decarbonise textile industry; secures “substantial investment”

Vargas Holding and H&M Group have announced the launch of their initiative, Syre, to revolutionise the textile industry by recycling polyester on a massive scale.  Syre plans to establish global production plants for circular polyester. Syre will offer textile-to-textile circular polyester (cPET), with oil-based virgin polyester quality and “superior” sustainability, reducing CO2 emissions by up […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/11/2024 05:43 EDT

Finnish startup Infinited Fiber Company secures €27M to make textile circularity a reality

Espoo, Finland-based Infinited Fiber Company, a fashion technology firm, announced on Friday, March 8, that it has secured €27M in a new funding round.  The round marks the completion of a two-part development financing round totalling €40M, with significant investments from new investors. The list of new investors includes: The announcement comes around a year […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/11/2024 03:44 EDT

Dutch-based Eye Security secures €36M from Bessemer Venture Partners, others to protect SMEs from cyber threats

The Hague-based Eye Security, a startup specialised in protecting small and medium-sized European enterprises from cyber threats, announced on Monday that it has secured €36M in a Series B funding round led by J.P. Morgan Growth Equity Partners. Other existing investors, including Bessemer Venture Partners and TIN Capital, participated in the round.  With the latest […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/11/2024 03:34 EDT

Amsterdam’s Generative AI platform Orq.ai secures €1.5M, unveils two new products

Amsterdam-based Orq.ai, a Generative AI platform for enterprises that integrates with large language models (LLMs) and enables collaboration across the organisation, announced that it has secured an additional €1.5M in growth funding. Following its oversubscribed pre-seed round of €800K in September 2023, the Dutch company is introducing two new products, Experiment and Optimize. Orq.ai says […] Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals 1 place · 03/08/2024 07:59 EDT

International Women’s Day is a painful reminder of how dire the situation is for women in tech

Every year is the same. Come March 8th, our social media feeds, inboxes, and news channels are flooded with stories of women who have “made it” despite adversities in all walks of life. Not much of that talk, however, seems to translate to real change in the other 364 days of the year. International Women’s […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 03/08/2024 07:17 EDT

Dublin-based Legitify raises €1.5M to simplify cross-border transactions through digital notarisation

Legitify, an online notarisation platform headquartered in Dublin, announced that it has secured €1.5M in a seed round of funding. The round was led by Verb Ventures and supported by Enterprise Ireland, Actium Partners, Redbay Ventures, and other investors. Alexander Chikunov, Founding Partner at Verb Ventures, says, “In a remarkably short time, Legitify has emerged […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 03/08/2024 07:10 EDT

Dutch biotech startup CryoCloud secures €500K funding: Know more 

Utrecht-based CryoCloud, a biotech startup, announced that it has secured €500,000 in a pre-seed round of funding led by Nina Capital, with significant contributions from Utrecht Health Seed Fund and ROM Utrecht Region. The company will use the funds to accelerate growth and forge partnerships with leading companies and key opinion leaders. The Dutch firm […] Read more ›

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Silicon Canals
Origin Hope @ Silicon Canals · 03/08/2024 05:58 EDT

Women at the Helm: 8 French startups and scaleups thriving under female leadership

With initiatives and support for French women in tech, many startups and scaleups are on the rise to challenge the once male-dominated industry. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/08/2024 05:36 EDT

Women have fewer opportunities to show leadership skills in the PR industry, but things are changing: Report

Between 60 per cent to 75 per cent of PR specialists are women. Yet, they get lower salaries than their male colleagues and are governed by males, according to the report from Entrie. However, this is shifting, but rather slowly.  Deborah Gray, founder at Canela, says, “The good news is there has never been a […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 03/08/2024 04:28 EDT

Amsterdam’s Vini Mini bags €500K in Seed funding to prevent food allergies in babies

Amsterdam-based Vini Mini, a startup that offers nutritional products and supplements to prevent food allergies in babies, announced that it has secured €500,000 in a seed round of funding. This funding follows Vini Mini’s victory at the FEM-START Up Awards 2023, earning them a €100,000 investment from Antler. With the seed funding, the company plans […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 03/08/2024 03:35 EDT

5 South Holland innovation campuses receive €3M in subsidies: Know more

During a celebratory meeting held in Delft on Thursday, March 7, Deputy Meindert Stolk presented subsidy cheques worth €3M to five innovation campuses. It includes:  The subsidies are provided through the multi-year subsidy program Kansen voor West, which is financed, in part, by the European Regional Development Fund (ERDF).  The main objective of this program […] Read more ›

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26.11.2024 15:41
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