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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 · 12/14/2023 02:00 EDT

ABN AMRO to acquire Amsterdam-based neo-brokerage platform BUX: Here’s why

ABN AMRO Bank, on Thursday, announced that it has reached an agreement to acquire Amsterdam-based neo-brokerage platform BUX to strengthen its footprint in the retail investment space and enhance its digital offering. The transaction is subject to approval by the regulator and is expected to be finalised in 2024.  Based out of Amsterdam, ABN AMRO […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/13/2023 08:24 EDT

French medtech startup BCV bags €6M: Know more 

Paris-based BCV (Basecamp Vascular), a medtech company, announced on Wednesday that it has secured €6M in a Series A round of financing led by New York-based Forepont Capital Partners.  Others, including NTI, MEDCO, and existing French investors, participated in the round.  This Series A funding brings the total amount raised since inception to €13M.  The […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/13/2023 07:30 EDT

Amsterdam’s AI-focused VC firm Curiosity secures funding from Eu.vc: Know more

Amsterdam-based Curiosity, a VC firm focused on European early-stage investments in AI-driven B2B software companies, has secured fresh funding from London-based Eu.vc. Eu.vc’s goal is to establish a vibrant and exclusive community tailored for angel investors eager to explore the opportunities within European venture capital funds. According to eu.vc, Curiosity’s “Equitable Venture’ model resonates with […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/13/2023 06:48 EDT

Just two months after announcing its €5M pre-seed round, Paris-based Pivot raises €20M

Paris-based Pivot, the developer of procurement software that helps companies keep their spending under control, announced on Wednesday that it has secured €20M in a Series A round of funding. The funding comes from its long-standing backers, including Visionaries, Emblem, Anamcara, and Oliver Samwer (co-founder of Rocket Internet).  The recent capital will enable the company […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/13/2023 05:12 EDT

After Amazon and X, Dutch privacy foundation SDBN files lawsuit against Adobe: Here’s why

Stichting Data Bescherming Nederland (SDBN), a Dutch non-profit foundation established to protect universal privacy rights, announced on Wednesday that it has filed a lawsuit against Adobe. Known for its PDF and graphics software, Adobe is facing allegations of covertly gathering significant volumes of personal data from prominent Dutch websites such as KPN, ABP, the Dutch […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/13/2023 05:05 EDT

Amsterdam-based Decodata, a digital data hub for interior products, secures fresh funding

Amsterdam-based Decodata, a company making interior products accessible to a larger audience, has secured fresh funding. The amount, however, was undisclosed. The startup was supported by a group of six investors, including existing backers and new additions from the stock market and the entrepreneurs associated with Stoov. Anne de Jongh, founder and CEO of Decodata […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 12/13/2023 03:42 EDT

Swiss startup Aesyra bags €2.7M to tackle bruxism and sleep apnea: Here’s how

Lausanne, Switzerland-based Aesyra, a medical device company that develops oral appliance technologies to improve sleep, announced that it has secured $3M (approximately €2.7M) in a seed round of funding.  The funding round was led by Supermoon Capital, the world’s first fund focused on sleep tech, and deep tech investor Creadd Ventures, with participation from existing […] Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 12/13/2023 03:20 EDT

Easee – the medtech startup tackling raising capital in a different way

In an era where medtech startups face daunting fundraising challenges, especially due to substantial capital requirements, easee, a pioneer in digital eyecare testing, presents a compelling case study. Since its inception in 2016, easee has innovated the traditional eyecare industry with its innovative online eye exam, achieving the significant distinction of being the first and […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/13/2023 02:24 EDT

Dutch-based RTI Blockchain raises €2.5M to foster improvements and sustainability in logistics

Delft-based RTI Blockchain, a company that offers digital management for reusable transport items in the logistics sector, has secured €2.5M in a fresh round of funding.  The Dutch startup aims to transform blockchain into the world’s leading solution to manage load carriers. Investors in this round The diverse group of investors includes experts in technology, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/12/2023 08:56 EDT

German cleantech startup NeoCarbon bags €3.2M to remove carbon dioxide from the atmosphere

Berlin-based NeoCarbon, a cleantech startup that retrofits industrial sites to remove CO2 from the atmosphere, announced on Tuesday that it has secured €3.2M in a seed round of funding. The funding round was led by RAISE Seed For Good, a Seed and Pre-Seed fund operated by RAISE Ventures.  The fund supports Europe’s responsible tech leaders […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/12/2023 07:46 EDT

German Bionic raises €15M to develop AI-powered robotic exoskeletons for workplace safety 

Bavaria, Germany-based German Bionic, a robotics firm that develops and manufactures smart power suits and other wearable technologies, announced on Monday, that it has secured €15M in an extension Series A round of funding. The funding round was led by German automotive supplier Mubea, with participation from existing investors Benhamou Global Ventures, Bayern Kapital, IT […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/12/2023 07:12 EDT

ESA-backed insurtech space startup BirdsEyeView secures ‘seven-figure’ funding

London-based BirdsEyeView, an insurtech space startup backed by the European Space Agency, has secured a seven-figure investment in a fresh round of funding. The startup leverages satellite data to design insurance solutions for severe weather events and offers SMEs access to weather-based parametric insurance products. Investors supporting BirdsEyeView The round was led by the European […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/12/2023 04:35 EDT

This French startup aims to make consumer goods safer with its novel bacteria detection device; exits stealth mode with €8M funding

Paris-based Spore.bio, the deeptech startup behind the world’s first real-time pathogen detection device for factories, announced on Tuesday that it has secured €8M in a pre-seed round of funding. The funding round was led by LocalGlobe with participation from top-tier investors and angels with experience in the industry, FMCG, and AI, including EmergingTech Ventures, No […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/12/2023 04:00 EDT

Hamburg-based nuvo raises €3M to develop AI-powered data onboarding solutions for companies

Hamburg-based nuvo, a SaaS startup that offers AI-powered data onboarding solutions, announced on Tuesday that it has secured €3M in a seed round of funding. The funding round was led by La Famiglia, joined by new and existing investors, including FoodLabs, APX and Collective Ventures, Exxeta Ventures, and various business angels.  The German company will […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/12/2023 03:57 EDT

Dutch service management provider TOPdesk raises €200M from CVC Growth Funds: Know more

Delft-based service management provider TOPdesk announced that it has secured €200M in a fresh round of funding.  The investment came from CVC Growth Funds, marking a significant milestone as the company welcomes its first external capital infusion while staying under founder ownership. Sebastian Künne, Senior MD at CVC says, “The passion that Wolter (co-founder of […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/12/2023 02:58 EDT

Dutch startup SCIL Nanoimprint Solutions spins out from Philips, secures over €10M

Eindhoven-based SCIL Nanoimprint Solutions, a company that offers solutions for patterning nano-structures on large wafers by using its lithography technology, has secured over €10M in a fresh round of funding. The investment round was led by Invest-NL through the Deep Tech Fund, imec.xpand, RSBG Ventures, and Brabantse Ontwikkelings Maatschappij (BOM). Tom Vanhoutte from lead investor […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/11/2023 08:54 EDT

Germany’s autarc raises funding to promote fossil-free heating in Europe; here’s how 

Berlin-based autarc, a developer of heat pump OS (operating system) for HVAC installers, announced on Monday that it has secured ‘single-digit million’ funding in a pre-seed round of funding. The funding round was backed by PT1 – PropTech1 Ventures, along with the participation of several business angels such as  The German company plans to use […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 12/11/2023 08:36 EDT

British fintech firm SumUp secures €285M at a valuation of over €8B: Know more

London-based SumUp, a fintech company, announced on Monday that it has secured €285M in a fresh round of funding at a valuation of above $8.6B (nearly €8B). The latest funding injection was spearheaded by Sixth Street Growth, with participation from existing investors, including Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group. The round predominantly […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/11/2023 08:06 EDT

UK proptech startup Housr raises €1.7M; looks to expand its team

Manchester-based Housr, a student living startup focused on addressing the housing crisis, has secured £1.5M (30 per cent of the funding) (€1.75M), in a growth funding round to support its expansion plans in the UK and the US.  The startup targets a total funding of £5M to close its current growth funding round. Founded by […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 12/11/2023 05:42 EDT

London-based regulated digital asset derivatives venue GFO-X raises €27.8M

London-based GFO-X, the UK’s first regulated and centrally cleared trading venue dedicated to digital asset derivatives, has secured $30M (approximately €27.84M) in a Series B round of funding. The funding aims to support GFO-X in its upcoming launch and drive innovation in the regulated digital asset sector. The investment was led by M&G Investments, with […] Read more ›

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27.11.2024 05:45
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