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30.06.2025 − 06.07.2025
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/04/2025 03:43 EDT

Europe’s largest BESS manufacturing facility changes hands: Lyten acquires Northvolt’s Gdansk plant

Luxembourg-based Lyten, a supermaterial applications company, has acquired Northvolt’s Dwa Energy Storage Systems (ESS) operations in Gdansk, Poland. Robert Chryc-Gawrychowski, CEO of Northvolt Poland, states, “Northvolt set out to lead the sustainable development of Europe’s battery industry. Lyten is carrying that mission forward with BESS manufacturing and the introduction of lithium-sulphur batteries in Europe, which ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/19/2025 09:33 EDT

What’s in a Name: Founder Cristian Bello sheds light on the naming journey of Amsterdam’s Lumen Career

Finding a job these days isn’t easy. Between endless rejections and the pressure to customise every application, even experienced professionals are burning out. While AI tools promise quick help, most of them are built for other markets and often miss the mark when it comes to Dutch hiring culture. That’s where Lumen Career, a new ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/19/2025 07:22 EDT

Swedish EV maker Polestar charges up with €174M equity investment: Know more

Gothenburg-based Polestar, a premium electric vehicle firm, announced that it has secured a $200M (approximately €174M) equity investment from PSD Investment Limited, an existing investor. PSD Investment is an entity controlled by Mr. Shufu (Eric) Li, Founder and Chairman of Geely Holding Group. Under the terms of the securities purchase agreement, Polestar will issue and ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/19/2025 07:12 EDT

Prosus partners with Techleap to propel Dutch tech ecosystem by leaps and bounds

Amsterdam-based Prosus, a global technology company, has announced a strategic partnership with Techleap, a Dutch non-profit organisation supported by the Ministry of Economic Affairs.  The collaboration aims to advance Techleap’s mission to develop the Dutch tech ecosystem and assist scale-ups. As part of the deal, Prosus will offer its experience in artificial intelligence, company scaling, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 06/19/2025 05:25 EDT

Amsterdam’s Selection Lab crowned KPMG Dutch Tech Innovator 2025, advances to global finals in Lisbon

On Wednesday, KPMG officially announced Amsterdam-based Selection Lab, led by Lotte Welten, as the winner of the KPMG Dutch Tech Innovator 2025 award. The winner was decided based on the pitch and a short Q&A. “What an incredible evening filled with inspiring and impressive pitches. It was an honour to stand among such strong innovators ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/19/2025 04:08 EDT

Germany’s nuwacom raises €3.2M led by Amsterdam’s Newion to strengthen human-AI collaboration at work

Koblenz, Germany-based nuwacom, an AI startup, has secured €3.2M in a Seed funding round led by Dutch venture capital firm Newion, joined by a select group of experienced angel investors. Newion is an Amsterdam-based software investor focused on startups in Northwestern Europe. With its fourth fund of €120M, Newion invests as a (co-) lead investor ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/19/2025 04:05 EDT

Belgium’s Bizzy raises €4M to help sales teams stop chasing leads and start closing deals

Ghent-based Bizzy has secured €4M in funding to expand its AI Sales Agent across Europe. Fortino Capita led the round. Fortino leads growth-stage investments across European SaaS companies, with particular expertise in sales automation and data intelligence platforms. The round also saw participation from prominent Belgian investors, including founders of Silverfin, Lighthouse, Teamleader, and Henchman ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/19/2025 03:00 EDT

Barcelona’s Tether raises €1.3M post-Spain blackout to tackle EU’s €135B/year grid instability risk

Barcelona-based Tether, a clean energy startup, has secured $1.5M (nearly €1.3M) in pre-seed funding to accelerate its AI-coordinated electric vehicle grid integration technology. Draper B1 and K Fund led the round. Draper B1 forms the Southern European arm of the Draper Venture Network, a global alliance of 25 independent VC firms with 600+ portfolio investments. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/19/2025 01:30 EDT

Amsterdam-based Delfio secures €1.5M to take hassle out of wholesale electronics buying

Amsterdam-based startup Delfio has secured €1.5M in pre-seed funding from tech investor Peak to automate the international wholesale procurement market for consumer electronics. Founded by Roy Erdmann and Keihan Popal in 2025, the data-driven platform targets the €837.4B global procurement market through aggregated purchase orders and supplier bidding systems. The funding will support Delfio’s expansion ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/18/2025 09:00 EDT

After launching new fund, Dutch-based Invest International announces Melanie Maas Geesteranus as its new CEO

The Hague-based Invest International, an impact investor, has appointed Melanie Maas Geesteranus as its new Chief Executive Officer, effective this week. In this position, she will be responsible for overseeing the organisation’s strategy and operations, with a focus on supporting Dutch businesses in their international activities. “This is important for our competitive position in these ... Read more Read more

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Silicon Canals
Bella The AI Editor @ Silicon Canals · 06/18/2025 08:42 EDT

SWEBAL secures €3M to build Sweden’s first TNT plant since the ’90s, backed by ex-Army Chief

Stockholm-based SWEBAL has raised €3M in strategic funding to construct Sweden’s first TNT production facility since the 1990s. The investment came from notable investors, including Major General (ret) Karl Engelbrektson, Sweden’s former Chief of Army. The round includes Pär Svärdson, founder of Apotea and Adlibris, and Thomas von Koch, founding member and former CEO of ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/18/2025 06:34 EDT

Dutch firm Rival Foods secures €10M to boost clean-label plant-based meat production

Amersfoort-based Rival Foods, a Dutch food-tech company pioneering the next generation of plant-based, whole-cut meat alternatives, has secured €10M in a Series B funding round. The funding round was backed by the participation of new investors APG, Pymwymic, and ROM Utrecht Region, alongside follow-on funding from existing investor PeakBridge. Based out of Amsterdam, Pymwymic (Put ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/18/2025 05:55 EDT

Sweden’s Polar raises €8.6M to build the open-source monetisation platform for one-developer unicorns

Stockholm-based Polar, a company that offers a modern way to sell SaaS and digital products, has secured $10M (approximately €8.68M) in seed funding led by Accel. The round attracted participation from notable angel investors, including Guillermo Rauch and Jared Palmer (Vercel), Paul Copplestone (Supabase), Tobi Lütke and Harley Finkelstein (Shopify), Michael Grinich (WorkOS), Thomas Paul ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 06/18/2025 03:00 EDT

Delft’s Orange Quantum Systems raises €12M: CEO Garrelt Alberts on slashing quantum chip testing time and enabling Moore’s Law scaling

Delft-based Orange Quantum Systems, a quantum technology company, on Wednesday, announced that it has closed an oversubscribed €12M seed round. The round was led by Icecat Capital, supported by Cottonwood Technology Fund, QBeat Ventures, QDNL Participations, and InnovationQuarter Capital.  This marks the largest seed investment round thus far in the Netherlands’ quantum computing sector. Fund ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/18/2025 02:45 EDT

Dutch energy startup HeatLeap secures €1M to bring gas-free heating to social housing: Know more

Tilburg-based HeatLeap, an energy startup, has raised €1M in funding to support its mission of transforming heating in the social housing sector.  The investment round was led by Arket Ventures and supported by Rabobank, KplusV, Money Meets Ideas, Midpoint Brabant, Bas Snels, William Hermans, and Marco van Zand. Capital utilisation This funding will enable HeatLeap ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/18/2025 01:00 EDT

Helsinki’s Supermetrics acquires Amsterdam’s Relay42: CEO Anssi Rusi on unifying marketing intelligence, scaling enterprise and future-proofing with AI

Helsinki-based Supermetrics, a marketing intelligence platform, on Wednesday announced the acquisition of Amsterdam-based Relay42, a real-time Customer Data Platform (CDP). “Relay42 helps businesses to turn siloed customer data into personalised customer journeys that drive business growth,” says Relay42 CEO Christiaan van der Waal. Relay42: Personalisation engine for real-time marketing Founded in 2010, Relay42 is a ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/17/2025 09:37 EDT

Amsterdam’s TicketSwap taps Jan van Casteren as CEO to lead shift from ticket resale to discovery platform for fans

Amsterdam-based TicketSwap, an online marketplace for buying and selling tickets, announced the appointment of Jan van Casteren as its new CEO, effective immediately. With Van Casteren’s arrival, the Dutch company is entering a new phase of growth, evolving from a ticket resale platform into a broader discovery platform for fans He succeeds co-founder Hans Ober, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 06/17/2025 09:17 EDT

Dutch-based Centric acquires majority stake in Utrecht-based fintech Twelve: Know more

Utrecht-based Twelve, a Dutch fintech company which focuses on point-of-sale and order management for the foodservice and hospitality sector, has been acquired by IT software and services provider Centric. The acquisition is part of a broader strategy involving Spacetime, an Amsterdam-based investment vehicle that provides capital and founder-driven support. The firm partners with entrepreneurs who ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/17/2025 08:06 EDT

Germany’s Realyze Ventures closes first fund: Here are the VC platform’s focus areas

Köln, Germany-based Realyze Ventures, a VC platform driving sustainable transformation in the real estate, construction, and skilled trades sectors, announced the first closing of its fund. Its Assets under management now total approximately €50M. The fund is supported by an exclusive network of industry players, institutional capital, and entrepreneurial families. Investors include Art-Invest Real Estate, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 06/17/2025 05:35 EDT

Delft’s QuantWare extends Series A to €23.3M to unlock the path to million-qubit quantum processors

Delft-based QuantWare, a company that develops technology for quantum processors, has raised an additional $4.5M (approximately €3.9M) in funding. This second close brings its oversubscribed Series A round to a total of $27M (approximately €23.3M). The announcement comes two months after raising €20M in a Series A funding round. Fund utilisation The Dutch company will ... Read more Read more

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Silicon Canals
Bella The AI Editor @ Silicon Canals · 06/17/2025 04:46 EDT

Helsing raises €600M led by Daniel Ek’s Prima Materia to amp up European defence amid rising geopolitical tensions

Munich-based Helsing has secured €600M in a Series D funding round led by Prima Materia to accelerate its all-domain defence innovation capabilities. Founded by Gundbert Scherf, Niklas Köhler, and Torsten Reil in 2021, the German defence tech company has raised over €1B across multiple funding rounds following its €450M Series C in July 2024. The ... Read more Read more

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12.07.2025 06:51
Last update: 06:46 EDT.
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