Silicon Canals

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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
Vignesh R. @ Silicon Canals · 01/16/2024 03:27 EDT

UK’s sustainable shopping platform Finsu sells aggregator business to an entity controlled by serial tech entrepreneur Dr. Sven Lachhein

London-based Finsu, a sustainable shopping platform, announced on Monday, January 15, that it has sold its online aggregator business to an entity controlled by serial tech entrepreneur Dr. Sven Lachhein. The move aims to help Finsu’s sustainable e-commerce approach scale faster.  Dr Lachhein has previously built and led several tech companies, raising millions in venture […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/16/2024 02:45 EDT

Amsterdam’s cycling app JOIN picks up €1.5M to expand its services in the UK and US

Amsterdam-based JOIN, an app for custom-made training plans for recreational cyclists, announced that it has secured €1.5M in a fresh round of funding. The startup will use the funds to bolster its team, broaden its services, and target international expansion, particularly in the UK and US. The next funding round is anticipated in mid-2025. An […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 01/16/2024 02:09 EDT

Event of the month: Top 5 reasons to be a part of DNNL unConference 2024 

In today’s rapidly changing world, diversity and inclusion have become crucial elements for the success and growth of businesses.  Recognising the need to foster innovation and create a more inclusive startup ecosystem, the Dutch New Narrative Lab (DNNL) has launched the DNNL unConference.  On February 10, 2023, this conference brings together industry experts, peers, investors, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 01/15/2024 09:46 EDT

Slovakia startup Elv.ai secures €500k to mitigate cyberhate through AI and human moderators

Bratislava, Slovakia-based Elv.ai, a startup that’s making a significant impact in the fight against cyberhate and the spread of misinformation, announced on Monday that it has secured €500k funding from the Slovak CB ESPRI Impact One fund, which focuses on projects with measurable positive social benefits. By combining the power of artificial intelligence (AI) and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/15/2024 06:21 EDT

UK-based Trudenty raises funding from Fuel Ventures, Techstars, others

London-based Trudenty, a consumer data network providing fraud risk intelligence in real-time, announced that it has secured $500K (nearly €457K) in a pre-seed round of funding. The UK-based startup specialises in consumer data networks, offering fraud risk intelligence to enhance personalised payment experiences for merchants and acquirers, aiming to boost customer satisfaction and prevent fraud. […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 01/15/2024 05:41 EDT

Dutch-based Soly bags €30M to make solar energy accessible; here’s how 

Groningen, Netherlands-based Soly, an international solar energy company, announced on Monday that it has secured €30M in funding led by ArcTern Ventures in partnership with US-based Fifth Wall. Existing investors, including Shell Ventures and the pension fund ABP, participated in the round. The Dutch firm will use the funds to expand its operations into new […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/15/2024 05:23 EDT

Amsterdam’s Founda Health acquires Philips Interoperability Solutions: Know more

Amsterdam-based Founda Health, a technology company that builds infrastructure for the global healthcare sector, announced that it has acquired Philips Interoperability Solutions, previously known as Forcare. With this deal, the Philips Interoperability Solutions team will be integrated with the Founda Health team. The specific terms of the deal remain undisclosed. Enhancing patient care Philips Interoperability […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 01/15/2024 03:00 EDT

Linearity launches new AI motion graphics tool; aims to strike a balance between Canva’s simplicity and Adobe’s offerings

Berlin-based Linearity, a software company, announced on Monday that it has launched Linearity Move, a new motion graphics tool.  Linearity Move enables businesses to produce high-quality animated social media content in-house, saving time and money and overcoming traditional barriers. The German company says it aims to balance the simplicity of tools like Canva and the […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 01/12/2024 08:06 EDT

London-based Pivot secures €80M+ funding commitment: Know more

London-based Pivot Finance, a platform providing real estate loans, announced on Friday, January 5, that it has secured £70M (approximately €81.4M) funding commitment from Foresight Group and Quilam Capital. As a part of the funding round, Foresight Group will provide senior debt, while Quilam will offer junior capital and equity of £40M, including significant working […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 01/12/2024 06:56 EDT

Dutch startup Vi raises funds to support working women through menopause

Rotterdam-based Vi, a startup that claims to be an expert in the field of menopause, announced that it has secured fresh funding from Dutch financial services company NN Group. Vi aims to assist the 1.8 million working women in the Netherlands experiencing menopause as about 90 per cent of them feel lost with questions and […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 01/12/2024 06:00 EDT

BOM director Brigit van Dijk wins Gerard & Anton High Tech Piek Awards: Meet the other winners here

Some individuals stand out in high-tech innovation for their exceptional contributions and dedication. One among those is Brigit van Dijk – van de Reijt, the Director of Brabantse Ontwikkelings Maatschappij (BOM).  Recently, Brigit emerged as the big winner at the seventh edition of the Gerard & Anton High Tech Piek Awards.  The ceremony was held […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 01/12/2024 04:28 EDT

Amsterdam’s Pickler bags €500K to help packaging industry achieve 55% CO2-eq EU reduction target for 2030

Amsterdam-based Pickler, a software startup that enables packaging companies to calculate, reduce and share the impact of packaging, announced that it has secured €500K in a fresh round of funding. The investment was led by Shamrock Ventures, known for sustainable tech investments. The round also saw support from existing angel investor and early-stage startup investor […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 01/12/2024 03:02 EDT

Dutch biotech startup RIBOPRO secures €1.9M to boost mRNA technology: Know more

Noord-Brabant-based RIBOPRO, a biotechnology company focused on developing advanced mRNA technologies, announced on Thursday that it has secured €1.9M in a Convertible Loan Agreement (CLA). The funding round was backed by existing investors Vlasroot, BOM, the Fredriks family, and supervisory board member Wietse Mulder, representing EchiumBio Holding BV. The capital injection will boost the Dutch […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 01/12/2024 02:32 EDT

OpenAI-backed humanoid robotics firm 1X raises €91.1M to market its second-generation Android

Oslo-based 1X Technologies, an AI and robotics company producing androids capable of human-like movements and behaviours, announced that it has secured $100M (approximately €91.14M) in a Series B round of funding. In March 2023, 1X raised $23.5M in a Series A2 round of funding. The company, backed by OpenAI and Tiger Global, has now raised […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 01/11/2024 08:57 EDT

CES 2024: Check out the coolest AI tech announcement so far

Every year, around January, Las Vegas becomes the epicenter of technological innovation, thanks to the world’s most influential tech event — Consumer Electronics Show (CES). CES 2024, organised by the Consumer Technology Association (CTA), is an event that connects the entire tech industry’s ecosystem. This year’s CES, scheduled for January 9-12, will feature over 4,000 […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 01/11/2024 05:22 EDT

German car subscription platform FINN secures €100M at $600M+ valuation 

Munich-based FINN, a car subscription platform, announced on Thursday that it has raised €100M in a Series C round of funding at over $600M valuation, led by Planet First Partners.  Other existing investors, such as HV Capital, Korelya Capital, UVC Partners, White Star Capital, and Picus Capital, participated.  As a part of the funding round, […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/11/2024 04:52 EDT

Spanish unicorn Cabify secures €15M loan to drive sustainable urban mobility with profitable growth

Spain’s first unicorn Cabify, a ride-sharing company, announced that it has secured €15M “Venture Debt” financing deal from Madrid-based BBVA Spark, the bank specialising in high-growth companies. Cabify looks to expedite the execution of its strategic plan, focusing on driving sustainable and accessible urban mobility with profitable growth. Roberto Albaladejo, Head of BBVA Spark says, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 01/11/2024 04:27 EDT

Dutch-based Elysian exits stealth mode; develops 90-passenger e-aircraft that can fly 800 km on batteries alone

Delft-based Elysian, an aerospace startup, on Wednesday, announced new research findings that demonstrate the viability of battery-electric air travel on a larger scale, in collaboration with Delft University of Technology. Founded by Rob Wolleswinkel, Reynard de Vries, and Daniel Rosen Jacobson and backed by Panta Holdings and Caravelle, Elysian is developing the first-ever 90-passenger, battery-electric […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 01/11/2024 03:06 EDT

Dutch-based cell-cultured leather company Qorium raises funds; appoints former Nike exec as new CEO

Limburg-based Qorium, a cell-cultured leather company, announced that it has raised fresh funding from Brightlands Venture Partners and Sofinnova Partners.  Additionally, Michael Newton, a former senior executive at Nike, is appointed as the Chief Executive Officer (CEO) to lead the company in its next phase of growth. Newton says, “As soon as I met Mark, […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 01/11/2024 02:00 EDT

Dutch startup tibo energy bags €3M from SET Ventures, Speedinvest, others

Eindhoven-based tibo energy, a company that manages network congestion, saves energy costs and reduces emissions with smart grid management, has secured €3M in a seed round of funding, to expand its team and venture into international markets. The investment was led by Amsterdam-based SET Ventures, with contributions from Speedinvest and tibo energy’s founding team members. […] Read more

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26.11.2024 23:31
Last update: 23:25 EDT.
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