Silicon Canals

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Week's most reacted
05.05.2025 − 11.05.2025
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 05/08/2025 05:21 EDT

London-based Doubleword (formerly TitanML), a self-hosted inference platform for enterprises, has secured $12M (approximately €10.6M) in a Series A funding round led by Dawn Capital.  Dawn is Europe’s leading specialist B2B software investor, with assets under management of over $2B.  Dawn is primarily an early-stage investor, backing companies from Series A and B, and continuing ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 04/11/2025 03:14 EDT

Koppert Cress backs Amsterdam’s climate tech startup Skytree to cut CO2 emissions in horticulture

Amsterdam-based Skytree, a climate tech company specialising in carbon utilisation and removal solutions, has secured investment from Division Q, Koppert Cress’ innovation arm. DivisionQ is investing in Skytree as part of a larger Series A funding round that also includes support from Horticoop, a cooperative of 280 Dutch greenhouse growers. “The Netherlands is an international ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/10/2025 10:38 EDT

What’s in a Name: Cure51 Co-founder Nicolas Wolikow on honouring Rosalind Franklin and one of the most important photos ever taken

In the rapidly evolving landscape of biotechnology and cancer research, a growing number of companies are pushing the boundaries of what is possible in oncology. One among them is Cure51 Meet Cure51 Based out of Paris, Cure51 is a TechBio company focused on building the first global database of cancer survivors. Established in collaboration with ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/10/2025 08:48 EDT

Meet the 9 scale-ups selected by Techleap for its Rise programme batch 15

Nine scale-ups have joined the latest Rise cohort by Techleap.nl! These companies operate in fintech, cybersecurity, ESG, and travel tech. The founders are working on developments in these sectors. Rise Batch 15 brings together companies that have gained market presence and are expanding their operations beyond national borders. The cohort reflects a range of business ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/10/2025 07:58 EDT

French company Klara receives €10M from Endeit Capital and others to accelerate skills development for deskless workers

Paris-based Klara, a provider of frontline employee skills management and workplace-based training solutions, has secured £8.5M (approximately €10M) in a funding round led by Endeit Capital. Endeit Capital is a European growth capital firm fueling internationalisation and innovation of European tech scale-ups. With AI as the overall denominator, Endeit focuses on 5 segments: Future of ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 04/10/2025 06:10 EDT

German VC Revent launches new €100M fund to tackle global challenges: Here’s how

Berlin-based Revent, a specialist early-stage venture capital firm investing across Europe, announced the launch of Fund II at €100M. The German VC’s new fund is backed by a group of investors, such as the Otto Group, Goldbeck, Wepa, and Arendt Oetker. Additionally, the European Investment Fund is also increasing its commitment to Revent’s second fund. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/10/2025 05:21 EDT

NCC Group, the global cybersecurity specialist and parent company of Fox-IT, has officially completed the sale of Fox Crypto to CR Group Nordic AB. Based out of Stockholm, CR Group provides encrypted communications, cybersecurity, and hardened networks to safeguard mission-critical operations. The transaction follows the initial acquisition announcement made on August 1, 2024. Fox Crypto ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/10/2025 04:31 EDT

Copenhagen-based Sparrow Quantum, a supplier of photonic quantum chips, has raised €21.5M in a Series A funding round. The investment was led by PensionDanmark, with participation from EIFO, Novo Holdings, 2xN, LIFTT, and the European Innovation Council.  Peter Stensgaard Mørch, CEO of PensionDanmark, says, “Quantum technology can open an entirely new world of solutions to ... Read more Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals 2 place · 04/10/2025 04:00 EDT

Transitioning to renewable energy sources while coping with an increasing energy demand has emerged as one of the immediate challenges of the 21st century. Driven by global population growth, urbanisation, extreme weather events, digitalisation (data centres, AI, blockchain), and electrification (EVs, smart grids), the challenge of energy demand is immense and multifaceted. While the transition ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/10/2025 03:01 EDT

DIG Ventures closes €91M fund to back early-stage European startups

London-based DIG Ventures, an early-stage venture capital firm focused on B2B SaaS, AI, and cloud infrastructure startups in Europe, has closed a $100M (nearly €91M) fund. This is the firm’s first institutional fund.  The fund is supported by limited partners and entrepreneurs from across Europe. Institutional limited partners in DIG Ventures’ new fund include The ... Read more Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 04/09/2025 09:22 EDT

How do you organise an accessible event, and why should you care? A short guide

If your company organises regular events for internal employees or external guests, you should consider accessibility. There are lots of small things that can make an event inaccessible, which can create an uninviting space for people with different abilities. Luckily, there are many things you can do to make sure your event caters to all ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/09/2025 09:07 EDT

UK-based TransFICC raises €22.5M to improve e-trading for banks and investors

London-based TransFICC, an e-trading technology company, announced a $25M (nearly €22.55M) Series B investment. The company has now raised a total of $50M in funding. TransFICC supports institutions in fixed income and derivatives markets by managing trading connections, processes, and compliance. Tom McKee, co-founder of TransFICC, says, “Fixed Income trading firms need to support and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/09/2025 08:39 EDT

Delft-based Bi/ond, a biotechnology company specialised in drug discovery, is set to cease its operations. Cinzia Silvestri, the founder and CEO of Bi/ond announced the decision through a LinkedIn post.   “After a remarkable ride, we’re announcing the upcoming closure of Bi/ond,” she says. What happened? “Our ambition was clear: break out of the start-up mold ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/09/2025 07:42 EDT

DEME acquires Norwegian offshore wind company Havfram in €900M deal: Know more

Sandbrook Capital and the Public Sector Pension Investment Board (PSP Investments) have signed an agreement to sell Havfram, a Norwegian offshore wind infrastructure company, to DEME, a global leader in offshore energy and marine engineering. Based out of Beveren-Kruibeke-Zwijndrecht, Belgium, DEME is a contractor in the fields of offshore energy, dredging & infra, environmental remediation, ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/09/2025 05:18 EDT

UK-based Ryft raises €6.6M to help banks and businesses with lower-cost payment solutions

London-based Ryft, a payment platform focused on automating payment flows for marketplaces and digital platforms, announced a £5.7M (nearly €6.62M) Series A funding round. The investment brings the company’s total funding to £7.4M (nearly €8.60M). The round was led by EdenBase, with participation from GPOS Investments, British Business Bank, Pembroke VCT, Sidebyside, and Ingenii VC. ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 04/09/2025 04:49 EDT

Utrecht-based NOWOS bags €6M to extend battery life and reduce material waste: Here’s how

Utrecht-based NOWOS, a battery repair specialist for cars and bicycles, announced that it has raised €6M in equity funding round led by Impact Venture Fund Shift4Good. Based out of Paris and Singapore, Shift4Good, is a global impact venture capital fund dedicated to sustainable transportation.  Shift4Good’s founder, Yann Marteil, says,. “The circular economy is becoming a ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/09/2025 03:03 EDT

Iceland-based First Water, a company focused on land-based salmon farming in Þorlákshöfn, has completed a share capital increase of €39M.  The round was led by existing shareholders including Stoðir hf., FW Horn slhf., Framherji ehf., Lífeyrissjóðurverslunarmanna, Brú lífeyrissjóður, Líra ehf., and LSR. Before this capital raise, First Water secured €122M through equity investments. After adding ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/09/2025 03:00 EDT

Reykjavik, Iceland-based Optise, an AI-powered Website Insights platform for B2B companies, has secured $2.2M (approximately €1.9M) in pre-seed funding led by Frumtak Ventures. Frumtak Ventures is an Icelandic VC firm focusing on investments in local innovation with global potential. Andri Heiðar Kristinsson, Partner at Frumtak Ventures, comments, “Despite previously having worked in Silicon Valley and ... Read more Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 04/08/2025 08:44 EDT

London-based NexGen Cloud, a technology firm providing sustainable AI cloud solutions, has closed its Series A funding round, securing $45M (nearly €41.10M). The funding brings the company’s post-money valuation to $354M (nearly €323.36M). NexGen Cloud received funding from high-net-worth individuals and family trusts. The company plans to use the proceeds to expand its capacity across ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/08/2025 08:31 EDT

Amsterdam-based Carbon Equity, a climate venture capital and private equity investment platform, announced the final closing of €105M for its Climate Tech Portfolio Fund III from 460 investors. Carbon Equity now manages over €300M through 9 investment funds in climate tech and infrastructure, raised from more than 1,250 investors. Jacqueline van den Ende, CEO and ... Read more Read more

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/08/2025 06:59 EDT

Nijmegen, the Netherlands-based QurieGen, cellular technology company, has raised €2.2M in a pre-seed funding round. The project has been backed by a syndicate of investors from the CEE region: Tensor Ventures, Lighthouse Ventures, BSV Ventures, Moondust Ventures, and 22 Hor Invest. Additionally, venture US capital investor Tim Draper of Draper Associates (who invested in companies ... Read more Read more

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14.05.2025 23:39
Last update: 23:31 EDT.
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