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18.11.2024 − 24.11.2024
Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 11/22/2024 03:22 EDT

Swedish ‘flying ferry’ startup Candela secures additional €13.3M; charts course for US market

Stockholm-based Candela, a company specialising in hydrofoiling electric boats and ferries, has finalised its Series C funding round, raising an additional $14M (approximately €13.34M) to surpass $40M in total funding for 2024.  The capital will support scaling production to meet growing demand for its electric watercraft, including the Candela P-12. The P-12 has been sold ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/15/2024 06:57 EDT

Evernote, Meetup owner Bending Spoons raises €144.4M at €2.37B post-money valuation

Milan-based Bending Spoons, a mobile app developer, announced that it has secured $155M (nearly €144.41M) in an equity funding round. The company will use the additional capital for strategic acquisitions. This investment values the company at $2.55B (approximately €2.37B) post-funding. Investors supporting Bending Spoons The investment came from Durable Capital Partners LP. Existing investors, including […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 02/15/2024 05:27 EDT

Swedish powertech startup Fever raises €10M in Seed round led by General Catalyst

Stockholm-based Fever, a powertech company building an API-centric platform for virtual power plants, announced on Thursday that it has raised €10M in a seed round of funding led by General Catalyst. Existing investors, including La Famiglia and Norrsken VC, participated in the funding round. With this funding, Fever has raised a total funding of €11.6M […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 02/15/2024 05:23 EDT

Amsterdam-based Monumental exits stealth mode with €23.2M funding; plans to automate on-site construction with robotics and software

Amsterdam-based Monumental, a robotic startup that aims to solve labour, cost, and sustainability challenges in the global construction industry, announced on Thursday that it has emerged from two-and-half years of operating in stealth mode.  The company also announced the raising of a $25M (approximately €23.2M) funding round co-led by Plural and Hummingbird. Other investors, including […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 02/15/2024 05:09 EDT

Sweden-based cash-positive startup Life Inside bags €350K to revolutionise video marketing

Stockholm-based Life Inside, a SaaS company “re-imagining” video marketing, announced that it has secured £300K (approximately €350K) in a fresh round of funding for expansion. The Swedish company specialises in automating the creation and sharing of interactive video testimonials from employees and customers. The funding came from angel investors, including Stefan Magnusson (seed investor in […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/15/2024 03:03 EDT

Dutch-based Amazec Photonics bags €1.5M to advanced cardiovascular monitoring tech

Netherlands-based Amazec Photonics, an integrated photonics company specialising in cardiovascular monitoring & diagnostics, has secured €1.5M in a Seed round of funding.  The round was led by PhotonDelta, a cross-border growth accelerator and ecosystem of photonic chip technology organisations. Several private investors also contributed to this round. Laurens Weers, CFO of PhotonDelta says, “Amazec has […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 02/15/2024 02:22 EDT

Berlin-based Simplyblock raises €2.5M to optimise cloud storage efficiency for business workloads

Berlin-based Simplyblock, a cloud storage startup, announced on Thursday that it has secured $2.75M (approximately €2.5M) in a seed round of funding led by 42CAP alongside Antler and Begin Capital. High-profile angel investors include Johan Svensson, the founder of Neo4j, the leading graph database company, who also participated in the funding round.  The latest capital […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 02/14/2024 09:25 EDT

Dutch regulator investigates Dutch online retailer Bol amid concerns of unfair marketplace practices

The Authority for Consumers and Markets (ACM), the Dutch authority responsible for consumer protection and fair competition, announced on Wednesday that it has initiated an investigation into a Dutch online retailer Bol, after receiving complaints from multiple businesses. According to ACM, several companies have voiced concerns about their offerings receiving less visibility on the platform […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 02/14/2024 08:32 EDT

Apple’s iMessage, Microsoft’s Bing exempted from EU’s DMA regulation: All you need to know

The European Commission, on Tuesday, February 13, has concluded its market investigations into the services provided by Microsoft and Apple.  After careful evaluation, the EC announced that Apple’s iMessage service and Microsoft’s Bing and Edge search engines would not be considered “gatekeepers” under the European Union’s strict digital competition laws. However, the European Commission has […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/14/2024 08:08 EDT

Amsterdam becomes the first in the EU to support Plant Based Treaty for climate emergency

Amsterdam becomes the first EU capital to push for a global Plant Based Treaty on climate-impacted food systems, gaining support from 25 cities, including Edinburgh and Los Angeles. In a statement, the City of Amsterdam Council says, “The way we produce, distribute, process, and consume food has a significant impact on the health of people […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/14/2024 06:26 EDT

Germany’s Earlybird Health closes €173M healthcare fund; aims to invest in these healthcare sectors

Earlybird Health, a unit of Berlin-based VC firm Earlybird Venture Capital, announced that it has closed its latest healthcare fund at €173M. According to Earlybird, this fund is “significantly larger” than its predecessor. Earlybird Health fund will primarily invest in European companies guiding them from Series A to Series C and facilitating the progression of […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 02/14/2024 03:28 EDT

NVIDIA unveils ChatGPT-rival ‘Chat with RTX’, an AI chatbot that runs locally on your PC

NVIDIA, an American computer hardware manufacturing company, on Tuesday, February 12, announced that it has launched a feature called “Chat with RTX.” This tool allows users to personalise a chatbot with their content while offline on their PC.  Currently, Chat with RTX is available for free to download. However, the system requirements to run Chat […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/14/2024 03:23 EDT

Dutch firms EDGE Next and Sense by PHYSEE merge to offer AI-based sustainable real estate solutions

Two Dutch software companies, EDGE Next and Sense by PHYSEE, have merged to create a new entity called Next Sense. The merger aims to boost data-driven sustainability initiatives in the real estate sector. EDGE Technologies, Timeless Investments, SHAPE Capital, and Job Dura supported the new Dutch entity. Last year, the parties worked on one platform […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 02/13/2024 09:46 EDT

Meet the winners of Women in AI Netherlands Awards 2024

Amsterdam-based Women in AI, a nonprofit global do-tank on a mission to increase female representation and participation in AI, announced on Tuesday the winners of the 2024 Women in AI Netherlands Awards. These awards celebrate the achievements of women who are driving innovation, advocating for responsible AI practices, and making a tangible impact on society […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 02/13/2024 06:49 EDT

Amsterdam’s AI startup Typetone unveils Sarah, a digital AI content marketer

Amsterdam-based AI startup Typetone has announced the launch of Sarah, a new digital AI employee specialising in content marketing.  Designed to tackle labour shortages, Sarah will contribute to developing and implementing content strategies at Typetone. How does Sarah work? When a company hires Sarah, it starts by giving her all its information. This helps her […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 02/13/2024 05:14 EDT

Amsterdam-based FINOM raises €50M from General Catalyst, Northzone, others

Amsterdam-based FINOM, a digital banking solution for SMEs and entrepreneurs, announced on Tuesday that it has secured €50M in a Series B round of funding. The funding round was led by General Catalyst and Northzone, with participation from existing investors, including Cogito Capital, Entrée Capital, FJLabs, s16vc, and Target Global.  The latest round brings FINOM’s […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 02/13/2024 04:42 EDT

Finnish tech-enabled hospitality operator Bob W raises €40M from Taavet+Sten, Supercell’s co-founder, others

Helsinki-based Bob W (Best Of the Both Worlds), a tech-enabled hospitality operator, announced on Tuesday that it has secured €40M in a Series B round of funding led by Evli Growth Partners. A group of growth capital investors and prominent European entrepreneurs, including Taavet+Sten (the investment firm of Wise’s founder Taavet Hinrikus and Sten Tamkivi), […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 02/13/2024 03:40 EDT

Swedish investment platform Kameo raises €1.29M to finance real estate projects throughout Scandinavia

Stockholm-based Kameo, an investment platform facilitating direct investments in property project loans across Scandinavia, announced that it has secured £1.1M (approximately €1.29M) in a fresh round of funding.  The investment came from Stockholm’s Incore Invest as part of a £2.26M share issuance. Having used the platform for years, the Incore team is backing Kameo’s loan […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 02/13/2024 03:18 EDT

Dutch-based PHYSEE spin-off FOTONIQ raises funding to make high-tech greenhouses greener 

Delft-based FOTONIQ, a provider of greenhouse spray coating PAR+, announced on Monday, February 12, that it has secured an undisclosed investment led by Navus Ventures and Icos Capital.  Existing investors, including Phase2.earth and EG Wernink, also participated in the funding round. The company is backed by experienced Dutch VC firms and Family Offices, such as […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 02/13/2024 02:23 EDT

Dutch real estate firm TreeHouse acquires Properize to reinforce tenant screening services

Rotterdam-based TreeHouse, the company behind Pararius and Huurwoningen.nl, has acquired Properize, a Utrecht-based scale-up that screens rental candidates and expats for real estate agents in the Netherlands. TreeHouse’s acquisition of Properize enhances its services by introducing fraud detection and paperwork simplification for real estate agents facing a surge in rental demand in the Netherlands.  Properize […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 02/13/2024 02:22 EDT

French firm ACC bags €4.4B to construct three gigafactories for lithium-ion battery cell production

Bruges-based ACC (Automotive Cells Company), a high-tech company operating in the world of battery technology for electric vehicles, announced on Monday, February 12, that it has secured €4.4B debt raising.  The company will use the funds to construct three gigafactories for lithium-ion battery cell production in France, Germany, and Italy, as well as, for R&D.  […] Read more

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26.11.2024 17:13
Last update: 17:06 EDT.
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