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Vignesh R. @ Silicon Canals · 12/22/2023 02:59 EDT

Groningen-based boat rental platform Tubber secures €1M to sail beyond the Dutch shore

The Groningen-based Tubber, a boat rental platform, announced that it has secured €1M in a fresh round of funding from NOM (Northern Netherlands Development Company). The Dutch boat rental platform will use the fund to extend its reach beyond the Dutch shore and scale up abroad more quickly. The announcement comes a few months after […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 12/21/2023 08:27 EDT

Amsterdam’s new VC firm Mindshift Ventures backs Dutch software startup Trunkstar: Know more 

Amsterdam-based Mindshift Ventures, a new venture capital firm, announced on Wednesday, December 20 that it has invested an undisclosed amount in Trunkstar, the Dutch software company in the connectivity and telecom industry. Trunkstar will use the funds to scale the business in the coming 18 months. The investment marks the focus of the Dutch VC […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/21/2023 08:14 EDT

Dutch startup Bubty secures €1.7M in seed funding to expand internationally

The Hague-based Bubty, a platform for managing flexible workforces, announced that it has secured $1.9M (approximately €1.73M) in a seed round of funding. The company aims to reshape the freelancer market by enabling companies and agencies to create and manage pre-vetted talent pools. The power of technology in talent pool management Founded in 2019 by […] Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 12/21/2023 07:53 EDT

These are the European countries breaking barriers for women in STEM in 2024

It feels like we’re always applauding Icelanders for fighting for gender equality – most recently on October 24 when thousands of women participated in an all-day strike for pay parity – but the country has been pipped at the post in new analysis on the percentage of women in STEM roles.  Lithuania ranked first in […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/21/2023 06:23 EDT

Dutch-based Helin raises €3M to grow its industrial edge intelligence platform

Rijswijk-based Helin, a Dutch industrial edge intelligence platform, has secured €3M in a Seed round of funding. The funds will help fuel the growth of the startup’s commercial and development teams and expand its Industrial Edge Intelligence SaaS platform. Joost Lasschuit, CEO and co-founder of Helin says, “With this new investment and a clear vision, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/21/2023 05:30 EDT

US micromobility company Bird files for bankruptcy: All you need to know 

North America-based Bird, a micromobiity operator, announced on Wednesday, December 20, it has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Florida. The company confirmed its “entry into a financial restructuring process aimed at strengthening its balance sheet and better positioning it for long-term, sustainable growth.” During […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/21/2023 04:30 EDT

Denmark’s open podcast platform Podimo raises €44M, sets sights on profitability

Copenhagen-based Podimo, a podcast and audiobook subscription service provider, has secured €44M in a fresh round of funding. The investment came from The Danish Export and Investment Fund (EIFO), HighlandX, and Augustinus Fabrikker.  Morten Strunge, CEO of Podimo says, “This investment allows Podimo to continue our strong growth trajectory while orienting the company towards profitability. […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/21/2023 04:24 EDT

Dutch-Norwegian cleantech firm SolarDuck bags €15M for its offshore floating solar power tech

SolarDuck, a Dutch-Norwegian cleantech company, announced that it has secured €15M in additional funding to advance its Offshore Floating Solar power technology. The funds will be used to execute SolarDuck’s first commercial projects and work towards its target of deploying over 1 gigawatt of offshore-generated solar electricity by 2030. Investors supporting SolarDuck The investment comes […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/21/2023 03:14 EDT

Dutch fund manager LUMO Labs appoints two powerhouse female investors as senior partners: Meet them here

Eindhoven-based LUMO Labs, the Dutch fund manager behind impact-driven investment funds in emerging technologies, announced on Thursday the addition of Dagmar van Ravenswaay Claasen and Sabine Schoorl as Senior Partners for the upcoming LUMO Rise Fund. LUMO Labs strengthens its partner team with two experienced female investors in digital security, compliance, impact methodologies, diversity, and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/20/2023 08:31 EDT

Dutch-based monitoring & inspection service provider Orbital Eye secures €2M; Know more

Delft-based Orbital Eye, a company that offers monitoring & inspection services, announced that it has secured €2M in a fresh round of funding. The round was led by S[&]T Ventures. The collaboration also involves support from the Netherlands Enterprise Agency (RVO) and the Ministerie van Economische Zaken en Klimaat, through the InnovatieKrediet instrument. Capital utilisation […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/20/2023 08:10 EDT

Dutch medtech startup Ansana raises €850K to combat surgical site infections: Here’s how

Limburg, the Netherlands-based Ansana, a company specialised in sterilisation technology for the healthcare & pharmaceutical industry, announced on Wednesday that it has secured €850K from investors like NLC Health Ventures, LIOF, and Rabobank.   The Dutch company will use the funds to develop alpha-prototypes, forge initial hospital collaborations, obtain ISO 13485 certification, progress EU and US […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/20/2023 07:28 EDT

Dutch Senate approves motion on 30% facility; asks cabinet to re-evaluate the reduction of the ruling 

The Dutch Senate, on Tuesday, December 19th, agreed to a motion proposed by VVD, D66, BBB, 50Plus, JA21, and CDA to urge the Cabinet to revisit the decision to scale down the 30 per cent rule.  This decision is in response to concerns about the negative impact of the cutback on attracting international talent. It […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/20/2023 06:40 EDT

Amsterdam’s ASIF Ventures backs Dutch-based OASYS NOW: Know more

Delft-based OASYS NOW, a company that offers patient-centric Clinical Trial technology solutions and healthcare data management, has secured fresh funding (undisclosed) from Amsterdam’s VC firm ASIF Ventures. ASIF Ventures aims to empower student and recent graduate-founded startups in the Amsterdam Metropolitan Area. With funding ranging from €25K to €100K, ASIF bridges the gap between student […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/20/2023 04:39 EDT

These are Amsterdam’s powerhouse entrepreneurs to watch in 2024

In the vibrant city of Amsterdam, where history and innovation converge, a new generation of powerhouse entrepreneurs has emerged, poised to make waves in 2024. The city, known for its rich culture, tulips, and canals, is experiencing a rapid transition as a breeding ground for startups and cutting-edge enterprises globally.  The entrepreneurs here are not […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 12/20/2023 03:22 EDT

Dutch-based Corporis Medical raises €4M to develop and commercialise medical devices for minimally invasive surgery

Maastricht-based Corporis Medical, a startup that focuses on developing and commercialising medical devices for minimally invasive surgery, announced that it has closed €4M in a Series B round of funding. The Dutch medtech startup completes the all-equity financing round, including the conversion of existing convertible loans. Texas-based VC firm Unorthodox Ventures led the round and […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 12/20/2023 01:33 EDT

Amsterdam’s neobank bunq launches GenAI platform ‘Finn’: Know more

Amsterdam-based bunq, the second largest neobank in Europe, announced on Tuesday, December 19, that it has launched Finn, a GenAI platform at bunq Update 24 in DeLaMar Theater in Amsterdam. Powered by LLMs, Finn enables bunq users to plan their finances, better budget, navigate the app, easily find transactions, and much more. “Finn will wow […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/19/2023 08:20 EDT

Amsterdam-based AI startups that raised €1M+ in 2023; 14 of them are hiring right now

The perception of Artificial intelligence (AI) has become diverse and opinions about it vary widely. With mixed sentiments acknowledging both the advantages and challenges posed by AI, there is a growing focus on striking a balance for responsible developments. AI, with capabilities spanning learning, reasoning, and problem-solving, has made a lasting impact across global sectors. […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/19/2023 08:01 EDT

Dutch-based Pieter Pot looks to bounce back from bankruptcy; here’s how it plans to make it happen

Dutch Pieter Pot, the sustainable packaging company, has recently faced a setback with the declaration of bankruptcy. However, the team behind the company does not seem to be giving up on their mission.  All thanks to the support of dedicated crowdfunders, Pieter Pot has a real chance of making a comeback.  “We have made this […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/19/2023 06:32 EDT

UK fintech Fiat Republic scores €6.4M; secures EMI licence from De Nederlandsche Bank 

London-based Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform, announced on Tuesday that it has raised $7M (approximately €6.4M) in a Seed extension round. Participants in the round include first-time investments from Kraken Ventures, Fabric Ventures, Arca, Inovo.vc, and Pretiosum Ventures as well as existing investors Speedinvest, Credo Ventures, and Seedcamp.  This investment will allow Fiat […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/19/2023 05:07 EDT

Adobe and Figma call off $20B merger deal; the former will pay $1B “reverse termination” fee to the latter

Adobe and Figma, on Monday, December 18, announced that they have mutually agreed to terminate their merger agreement following the mounting pressure from regulators in the UK and EU  The merger was originally announced on September 15, 2022, and would have seen Adobe acquiring Figma for $20B (mix of cash and stock). Figma is a […] Read more

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