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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
Guest Contributor @ Silicon Canals · 11/30/2023 04:48 EDT

Stuck in an ineffective work rut? Try a not-to-do list

Good productivity-practice says to write a to-do list for the week ahead every Friday afternoon for maximum workplace efficiency, but taking the time to write a not-to-do list could make an even bigger impact on your work in the long-term.  While the former focuses on what’s important to prioritise on a week-to-week basis, the latter […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/30/2023 04:45 EDT

Finland’s issuer processing company Enfuce raises €8.5M for growth in key European markets

Espoo-based Enfuce, a provider of embedded finance solutions, announced that it has secured €8.5M in a new follow-on investment round. This funding comes on the heels of Enfuce’s €45M Series C funding round launched in 2021, bringing the total funds raised to €62M. The latest investment was led by Vitruvian Partners, with contributions from Maki.vc […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 11/30/2023 02:36 EDT

Dutch startup HULO.ai raises €800K to deploy AI in tackling large-scale drinking water losses

Netherlands-based HULO.ai, a startup that develops advanced AI algorithms to tackle water loss, has secured €800K in a fresh round of funding from LUMO Labs and the Netherlands Enabling Water Technology (NEW) Fund. Wetsus Research Institute spin-off HULO.ai will use the funds to enhance its cloud-based solution, making it highly scalable and adaptable to different […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/29/2023 09:26 EDT

Check out the Amsterdam startups that raised funding in November; 5 of them are hiring

Amsterdam, renowned for its picturesque canals and historic charm, has increasingly become a hotbed for cutting-edge technology and forward-thinking businesses.  The city’s startup scene is characterised by diversity and a collaborative spirit, drawing in talent from across the globe. In the vibrant and thriving landscape of Amsterdam’s startup ecosystem, November has proven to be a […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/29/2023 08:21 EDT

Polish Startup Evidose secures €455K to validate dietary supplement effectiveness

Warsaw-based Evidose has secured $500K (approximately €455,187) in funding from Inovo VC and 500 Emerging Europe. The company specialises in conducting decentralised effectiveness trials for dietary supplements and wellness products. Providing science-backed marketing claims for products Founded in 2023 by CEO Anna Litwińska and COO Kacper Zambrzycki, Evidose’s platform enables manufacturers of dietary supplements and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/29/2023 05:06 EDT

Partech elevates leadership; appoints new Deputy CEO and strategic C-Level functions

Paris-based Partech, a global tech investment firm, aiming to solidify its position as a leading technology investment platform in Europe and Africa, has undergone strategic changes and reinforced its C-Level functions. Karen Noël is appointed Deputy CEO, Christelle Pariat transitions to CFO Corporate, Olivier Michelon becomes CFO Funds & Head of Operations, Benoît Piquette is […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 11/29/2023 03:35 EDT

Dutch startup Carbyon revolutionises Direct Air Capture with the breakthrough fast-swing process; drastically reduces CAPEX costs

Eindhoven-based Carbyon, the Dutch Direct Air Capture (DAC) company, announced on Tuesday, November 28 that it has successfully proven its unique fast-swing process that can capture CO2 using less than 2,500 kWh/ton.  The Dutch company became the world’s first to drastically reduce the CAPEX (capital expenditure) costs of DAC equipment using its fast-swing process. The […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/29/2023 02:53 EDT

OASYS NOW launches GRIP: aims to revolutionise treatment discovery for chronic and rare diseases

Delft-based OASYS NOW, a company that offers patient-centric Clinical Trial technology solutions and healthcare data management, announced the launch of its new platform, GRIP, which gives citizens control and insight into their health and patient journey. This tool aims to simplify the trial matching process, boost patient engagement, and expedite medical research. Nima Salami, CEO […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/29/2023 02:39 EDT

London-based Oxx closes €172.9M fund to back SaaS companies with “Go-To-Market Fit” products

London-based Oxx, a specialist investor in European B2B SaaS companies at the scale-up stage, announced on Wednesday the final close of its second fund generation at $190M (approximately €172.9M).   Oxx has attracted new LPs to its second fund with a promise of growth equity and a significant venture-driven upside. The firm aims to invest in […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/28/2023 09:19 EDT

Stockholm-based Lassie ropes in €23M to provide bespoke insurance products and coaching for cat and dog owners

Stockholm-based Lassie, a preventive pet insurance ecosystem, announced on Tuesday that it has raised €23M in a Series B round of funding led by Balderton Capital.  Previous investors Felix Capital, Inventure, Passion Capital, and Philian (H&M Chair Karl-John Persson) also participated in the round, bringing the total raised by Lassie to €36.5M.  Fund utilisation The […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/28/2023 08:22 EDT

UK-based PhysicsX raises €29.2M to reinvent AI and simulation engineering technologies

London-based PhysicsX, a deep-tech startup building artificial intelligence(s) to power engineering, has secured $32M (approximately €29.2M) in a Series A round of funding.  The investment was led by General Catalyst. The round also saw participation from Standard Industries, NGP Energy, Radius Capital, and KKR co-founder and co-executive chairman, Henry Kravis. With this investment round, Jim […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/28/2023 08:19 EDT

EXCLUSIVE: Ukrainian-founded startup AiSDR ropes in €2.7M to develop an AI-powered tool designed to replace human SDRs

In the ever-evolving world of sales, companies constantly seek innovative ways to streamline their processes and reduce costs.  Enter AiSDR, a Ukrainian-founded startup that has raised $3M (approximately €2.7M) in funding to develop an AI-powered tool designed to replace human sales development representatives (SDRs).  The funding round saw participation from Y Combinator, Rebel Fund, SID […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/28/2023 07:05 EDT

Finnish firm One Click LCA bags €40M to accelerate sustainable construction and manufacturing solutions 

Helsinki-based One Click LCA, a decarbonisation platform for the construction and manufacturing industries, announced on Tuesday that it has secured €40M investment from PSG Equity (PSG) and InfraVia Capital Partners. The Finnish company will use the funds to boost R&D, accelerate the delivery of enterprise solutions, fund global expansion, and enable M&A across construction and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/28/2023 06:18 EDT

Dutch-Swiss startup Cradle raises €21.9M for pioneering Generative AI in protein design

Amsterdam and Zurich-based Cradle, a biotech startup, has raised $24M (approximately €21.92M) in a Series A funding round. The company specialises in utilising generative artificial intelligence (AI) to assist scientists in designing and engineering proteins.  With this round, the total raised by Cradle comes to $33M, to date. Prior to this round, in November 2022, […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/28/2023 04:16 EDT

ZeroAvia raises €105.9M to propel clean aviation innovation and expand in the UK

ZeroAvia, a company focused on clean aviation solutions, has completed its Series C funding round, raising a total of $116M (approximately €105.95M).  The funding will accelerate ZeroAvia’s efforts to certify its first engines and further research and development to expand clean propulsion technology for larger aircraft. According to ZeroAvia, this financial support is expected to […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/28/2023 03:00 EDT

ElevenLabs unveils new grants programme, providing early-stage innovators with access to state-of-the-art AI technologies: Apply now

ElevenLabs, an audio AI company, announced on Tuesday that it has launched its grants programme, an initiative to give early-stage innovators free access to cutting-edge AI.  An initial batch of over 4,000 grants will be awarded to innovators experimenting with leveraging audio AI and incorporating it into their workflow.  Each grants recipient will unlock 11 […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 11/28/2023 02:24 EDT

Accelerate your startup: Philips Innovation Award 2024 for student innovators and recent graduates!

The Philips Innovation Award is the largest student entrepreneurship award in the Netherlands, meant for students and recent graduates, for up to 3 years. For those who have a burning desire to take their startup or groundbreaking idea to the next level, this is a golden opportunity. The Philips Innovation Award trajectory provides access to […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/27/2023 08:45 EDT

Scotland’s 1nhaler secures €2.3M to advance the development of sustainable inhaler

Edinburgh-based 1nhaler, a drug delivery device developer, has secured £2M (approximately €2.3M) in a fresh round of funding to advance its single-use dry powder inhaler (DPI). The investment was led by Archangels, with contributions from Dr. Yusuf Hamied, British Business Investments (BBI), and seed investors. Dr. Hamied, the non-executive Chairman of Indian pharmaceutical giant Cipla, […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 11/27/2023 08:01 EDT

Breaking Barriers: How PE Front Office drives success for Investment Management and Investor Relations Teams in Private Equity and Private Debt

What was the venture capital deal value in Europe in 2023? PitchBook Q3 2023 European Venture Report shows it was €43.6B during the first nine months of this year. The report further reveals that the deal value in Q3 grew 5.9 per cent compared to Q2 even though the overall deal value declined over the […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/27/2023 07:44 EDT

London-based Statera Energy gets €346M debt financing for its Thurrock battery energy storage system: Know more

London-based Statera Energy, an energy storage and flexible generation developer and operator, announced recently that it has secured up to £300M (approximately €346M) of debt financing through a syndicate led by Lloyds Bank.  Managing Director, Head of Infrastructure and Project Finance at Lloyds Bank, James Taylor, says, “By storing excess energy, Statera’s technology ensures the […] Read more

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27.11.2024 09:35
Last update: 09:31 EDT.
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