Silicon Canals

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25.08.2025 − 31.08.2025
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 08/28/2025 05:33 EDT

Aachen-based everwave closes growth funding to clean rivers and stop plastic pollution

Aachen-based everwave, an impact company for clean waters, announced the closing of growth financing. This round included investment from Viessmann Generations Group, which is now a strategic partner for the company. Based out of Munich, Viessmann Generations Group is a purpose-driven family ecosystem, delivering solutions to urgent global priorities: reducing greenhouse gases, improving air and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/01/2025 07:16 EDT

Portugal’s Reckon.ai raises €5.1M to accelerate global rollout of AI-powered smart lockers

Porto-based Reckon.ai, a SaaS startup, has raised €5.1M in a fresh funding round led by Iberis Capital.  Private equity funds Alea Capital Partners and Touro Capital Partners also participated in this round.  Founded in 2017, Iberis Capital is a Portugal-based private equity and venture capital firm with over €600M in assets under management and a ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 08/01/2025 07:14 EDT

UK BFR wearables startup Hytro secures €2.3M from Arsenal’s Timber Twins, NFL stars, others

London-based blood flow restriction (BFR) brand Hytro has raised approximately £2M (nearly €2.30M) in its latest funding round, backed by athlete-led investment syndicates Joyned Capital and Skin In The Game. New investors include Arsenal footballer Jurrien Timber (Arsenal FC), his twin brother Quinten Timber (Feyenoord), and NFL player Benjamin St-Juste of the LA Chargers. They ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/01/2025 06:12 EDT

Cambridge Innovation Capital commits €115.3M to University of Cambridge spinouts, also launches EIR programme

Cambridge Innovation Capital (CIC), the VC firm investing in the UK’s highest-potential deep tech and life sciences companies, announced that it is committing at least £100M (approximately €115M) to invest in spinouts from the University of Cambridge.  The £100M funding is part of the launch of CIC’s Fund III, its latest £250M (approximately €280M) early-stage ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/01/2025 05:26 EDT

Madrid-based Altano Energy secures €60M to expand its renewable energy platform in Spain

Madrid-based Altano Energy, a renewables investment company, has announced that M&G Investments will invest €60M in its platform. The funding will support the expansion of Altano Energy’s operations across solar, hydro, wind, and storage sectors. The partnership aligns with Altano’s ongoing efforts to build a diversified energy model. M&G’s Infrastructure & Real Assets team, part ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/01/2025 04:05 EDT

Amsterdam’s Labfresh raises €1M via crowdfunding to launch smart womenswear line

Amsterdam-based Labfresh, a startup that aims to fight overconsumption by developing intelligent apparel, announced that it has reached the target amount of €1M through crowdfunding on the eyevestor platform.  The Dutch company raised a total funds from 331 investors. The company will use the funds to launch a smart womenswear collection.   According to  Kasper Brandi ... Read more Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 08/01/2025 02:17 EDT

Entrepreneurship in Europe: Unlocking the next 10 years of growth

In 2015, the year Oscar Pierre and I founded Glovo, the environment for entrepreneurs in Southern Europe was still quite limited. Capital access, regulatory frameworks and support networks were inconsistent, restrained within markets or simply unclear, and high-level VCs with capital were scarce. Today the landscape is certainly better, but many challenges remain that are ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/01/2025 02:11 EDT

KKR backs Lisbon’s Greenvolt with €150M capital boost to accelerate battery storage push

Lisbon-based Greenvolt Group, a company that operates in the renewable energies market, announces €150M through a share capital increase. Shareholder KKR will subscribe to the full amount. The transaction follows the investment plan set during KKR’s acquisition of Greenvolt and is intended to support the Group’s ability to invest across its operating regions, with a ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/31/2025 11:10 EDT

What’s in a Name: Why this German green energy startup named itself after the first woman to win the Nobel Prize in economics

Despite the global push for sustainability, household energy systems remain outdated and difficult to manage. Consumers often face unpredictable pricing and limited insight into their energy usage. Here’s where Ostrom addresses this gap by delivering transparent, flexible, and technology-driven green energy solutions for modern households. Ostrom: Digital green energy provider Based out of Berlin, Ostrom ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/31/2025 09:03 EDT

Monaco Hydrogen Alliance and MobilityVC launch MH2Fund to accelerate Europe’s hydrogen ecosystem

The Monaco Hydrogen Alliance, a nonprofit organisation based in the Principality of Monaco, in collaboration with MobilityVC, announced the formation of MH2Fund, a new venture dedicated to backing early-stage companies advancing the hydrogen economy. The MH2Fund aims to support hydrogen technologies that can help reduce carbon emissions in transportation, industry, and logistics. By combining strong ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/31/2025 08:52 EDT

Google and Microsoft embrace EU’s AI Code of Practice; Meta calls it ‘overreach’ and refuses to sign

Google, on Wednesday, announced its intentions to adhere to the European Union’s General-Purpose AI Code of Practice. The EU’s AI Code aims to create safety guidelines that are both flexible and strong, helping Europe make the most of AI technology. In a blog post, Kent Walker, Google’s president of global affairs, says, “We will join ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/31/2025 06:27 EDT

Oxford-based Ultromics lands €48M to advance AI tools for early heart disease diagnosis

Oxford-based Ultromics, a company that claims to be a pioneer in AI-driven cardiology diagnostics solutions, has secured $55M (nearly €48M) in a Series C funding round.  The round was co-led by L&G, Allegis Capital, and Lightrock. Existing backers, including Oxford Science Enterprises, GV, Blue Venture Fund, and Oxford University, also participated.  The University of Chicago ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 07/31/2025 04:44 EDT

Rust, unrust, recharge, repeat: Amsterdam startup makes history with world’s first grid-connected iron-air battery system

Amsterdam-based Ore Energy, a science startup that originated from TU Delft, has successfully connected its flagship iron-air battery system to the electric grid in the city of Delft. This marks the first instance of an iron-air battery system being grid-connected and fully operational anywhere in the world. The pilot system is also the first long-duration ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/31/2025 04:37 EDT

Sprout Social acquires Ireland’s NewsWhip in €48M deal to strengthen AI-powered media intelligence

Chicago-based Sprout Social, a social media management software provider, has acquired Dublin’s predictive media intelligence company NewsWhip. The deal includes $55M (nearly €48M) in cash, with up to an additional $10M (nearly €8.74M) in performance-based earnouts over the next two years. The deal closed on July 29, 2025, and was funded through Sprout’s credit facility ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/31/2025 02:29 EDT

UK’s Sava lands €16.6M to democratise glucose monitoring and advance health tracking

London-based Sava Technologies, a startup pioneering real-time molecular health monitoring, has secured $19M (approximately €16.6M) in Series A funding led by Balderton Capital and Pentland Ventures. “Understanding what’s going on in our bodies is the first step to improving our health,” says James Wise, Partner at Balderton. “Sava’s innovation has the potential to democratise access ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/31/2025 02:23 EDT

Dutch cybersecurity startup Dawnguard exits stealth with €2.6M to help developers build safer code from the ground up

The Hague-based Dawnguard, a cybersecurity startup, has exited stealth mode with $3M (nearly €2.62M) in pre-seed funding. The round was led by 9900 Capital and supported by angel investors, including company founders and experienced CIOs and CISOs. Dawnguard is developing a cybersecurity approach that places security at the centre of system architecture during the early ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/30/2025 10:56 EDT

Amsterdam-based startups that raised funding in July 2025; 8 of them are hiring right now

The Netherlands is maintaining a strong position within the shifting European tech landscape. While startup funding across Europe declined by 5 per cent, Dutch startups raised €3.1B over the past year, a 47 per cent increase from 2023.  This growth is largely driven by deep tech and the continued scale-up of established ventures. Deep tech ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/30/2025 10:00 EDT

Athens-based Delian Alliance Industries lands €12M to scale autonomous defence systems across Europe

Athens-based Delian Alliance Industries, a defence technology company building autonomous, sovereign defence systems at scale, has raised a $14M (approximately €12M) in a Series A funding round co-led by Air Street Capital and Marathon Venture Capital. Other investors, including 201 Ventures, HCVC, Entropy Industrial Capital, and Nebular, also participated. The Greek company will use the ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/30/2025 09:23 EDT

Stockholm-based Quartr raises €8.7M to expand qualitative market research platform

Stockholm-based Quartr, a platform specialised in qualitative public market research, has secured $10M (approximately €8.7M) in the latest funding round from existing investors Altos Ventures, Yanno Capital, and Öhman. Altos Ventures is a purpose-driven investment firm that partners with founders to build enduring, world-class businesses. The firm invests in early-stage companies with strong operating fundamentals, ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/30/2025 07:48 EDT

Garmin acquires Dutch timing tech startup MYLAPS: Know more

US-based Garmin announced that it has acquired MYLAPS, a Dutch provider of timing, tracking, and performance analysis tools for sports competitions. However, the financial terms of the acquisition were not disclosed. Based out of Haarlem, MYLAPS specialises in technology solutions for running, cycling, motor sports, and equine competitions. The company employs over 200 full-time associates ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/30/2025 06:14 EDT

Groningen’s Ivy Medical goes bankrupt despite developing a functional smart infusion system nearing CE certification and market launch

Groningen-based Ivy Medicals, a medtech startup specialised in infusion therapy through advanced automation, has officially filed for bankruptcy. The announcement was made by founder and CEO Melcher Frankema through a LinkedIn post. “In recent years, we have worked with a fantastic team and committed partners on an innovative infusion system. This has resulted in a ... Read more Read more

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03.09.2025 19:24
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