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Silicon Canals
Vignesh R. @ Silicon Canals · 11/27/2023 07:38 EDT

Millennial-focused travel tech firm WeRoad accelerates with €18M Series B funding from H14

Milan-based WeRoad, a travel tech scaleup, announced on Monday that it has secured €18M in a Series B round of funding led by H14, with participation from a consortium of investors. The latest round brings the total amount raised to €36M.  The capital infusion will help the Italian startup fuel its growth and develop technology […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/27/2023 06:22 EDT

Finland-based Failup Ventures secures €30M in first closing of its new early-stage fund; Know more

Helsinki-based Failup Ventures, a new early-stage venture capital fund, has announced the first closing of €30M of its new early-stage fund of €50M. Business Finland Venture Capital Oy acted as the anchor investor in Failup Ventures’ new fund. Topias Soininen, co-founder and General Partner at Failup Ventures says, “We are thrilled to launch Failup Ventures […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/27/2023 05:51 EDT

Ukrainian startup Getpin ropes in €365K from Presto Ventures to help businesses manage their online presence: Here’s how

Kyiv-based Getpin, a SaaS online marketing tool provider, announced on Monday that it has secured $400K (approximately €365K) in a Seed round of funding from Czech venture capital fund Presto Ventures.  The Ukrainian company will use the funds to scale the product in Central and Eastern Europe and expand into Latin America.  Getpin: Helping businesses […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/27/2023 03:00 EDT

These are the top tools to supercharge your e-commerce business in Europe in 2024

As the world transitions into a digital-first, interconnected global economy, organisations worldwide are looking to innovate to stay ahead of the competition and remain at the forefront of their respective industries.  Nowhere is this evolution more evident than in the extraordinary growth of e-commerce businesses, particularly in Europe. E-commerce businesses in Europe have experienced incredible […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 11/24/2023 08:24 EDT

819 Capital Partners launches with a €60M asset portfolio, investing in deep-tech startups addressing societal challenges

Deventer and Amsterdam-based 819 Capital Partners, an investment firm specialising in venture capital, private equity, and corporate finance, have recently announced their launch.  The venture capital firm aims to invest in industries impacted by an aging population, sustainability, and digitalisation. “Our mission is to drive innovation, growth, and value creation through a diverse portfolio of […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 11/24/2023 05:28 EDT

Milan-based Planet Farms, a vertical farming company, announced recently that it has secured $40M (approximately €36.6M) at $500M valuation in a fresh round of funding, bringing its total fund raised to $140M (approximately €128.3M).  The latest capital infusion will help the Italian company to expand its operations into Italy and the UK. Planet Farms will […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 11/24/2023 04:49 EDT

Cybersecurity platform Kiteworks acquires Round2 Capital-backed DRACOON; Know more

Round2 Capital, a pan-European software lending firm, has facilitated the sale of all shares in its portfolio company, DRACOON, through a definitive agreement with Kiteworks. Kiteworks, a US-based cybersecurity platform provider founded in 1999, offers file sharing, managed file transfer, and email data communications with a focus on meeting compliance standards.  Active globally, Kiteworks empowers […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/24/2023 03:50 EDT

NP-Hard Ventures closes €12M inaugural fund to back early stage product obsessed founders

NP-Hard Ventures, an early-stage venture capital fund, announced on Friday that it has closed its inaugural fund, raising a total of €12M.  The fund, which surpassed its initial target of €10M, will be used to back early-stage ‘product obsessed’ founders in Europe and the US.  Paul Veugen, co-founder of NP-Hard Ventures, says, “I’m obsessed over […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/24/2023 03:11 EDT

Amsterdam’s ImpactPilot set to revolutionise customer success through HubSpot integration

Konstantin Goncharuk and Pieter Boon, former founders of 24sessions, have announced the launch of their new startup, ImpactPilot, a customer success solution deeply integrated with HubSpot. ImpactPilot is a solution for effective Customer Success Managers (CSMs) within HubSpot. Positioned as a strategic customer success add-on, it is designed to proactively enhance, measure, and integrate customer […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 11/23/2023 04:21 EDT

Denmark’s European Energy announces €150M funding facility for renewable energy projects

Denmark-based European Energy has partnered with two Scandinavian banks SEB and DNB to secure a €150M Green Portfolio Financing Facility. This five-year funding initiative aims to expedite the implementation of renewable energy projects, focusing on solar and wind energy across 10 Northern European countries. The Green Portfolio-Financing Facility, initially spanning five years with potential extensions, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 11/23/2023 03:46 EDT

Former Blackstone co-head John McCormick joins Sweden’s Ark Kapital as new strategic investor

Stockholm-based Ark Kapital, a Swedish growth platform for tech, announced on Wednesday, November 22, that John McCormick, former co-head of the alternative asset management Blackstone, joins the company as a new strategic investor. John McCormick: A personal investor and advisor  John McCormick is an experienced personal investor and advisor.  Until recently, he served as the […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 11/23/2023 03:34 EDT

French startup Indy bags €40M to support self-employment: plans to hire 200 new employees

Lyon-based Indy, a startup that automates accounting and tax returns for self-employed professionals and entrepreneurs, announced on Monday, November 20, that it has raised €40M from BlackFin Capital Partners, as well as La Maison and iXO. The latest round brings the total funding raised to €86M.  The company will use the funds to enhance its […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 11/23/2023 02:58 EDT

Amsterdam’s LAYCO raises €300K to make healthcare more sustainable and accessible

Amsterdam-based LAYCO, a startup that provides high-quality medical equipment at affordable pricing, has secured a convertible loan of €300K from the North Holland Innovation Fund (INH). INH is an initiative of the Province of North Holland, University of Amsterdam, Vrije Universiteit, Amsterdam University of Applied Sciences, Amsterdam UMC and Sanquin. The Fund offers loans to […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/23/2023 01:47 EDT

Eindhoven-based CityLegends bags €1M in Seed funding from LUMO Labs, others

Eindhoven-based CityLegends, a community platform for urban athletes and artists announced on Thursday that it has closed €1M in a seed round of funding by a syndicate of investors. The investor’s list includes LeanSquare, LUMO Labs, imec.istart, Dutch Sport Tech Fund, and industry expert and angel investor Matthieu de Clercq.  Fund utilisation The Dutch platform […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/23/2023 00:59 EDT

German biotech startup Quazy Foods raises €800K to harness microalgae for human nutrition

Berlin-based Quazy Foods, a biotech startup cultivating proprietary microalgae strains with applications in the food industry and beyond, has secured €800K in a pre-seed round of funding. ProVeg International, Antler, and Sprout & About Ventures are among the investors, along with various business angels and support from local and European innovation grants. Frederik Brandis, associate […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/22/2023 09:57 EDT

Meet the winners of the Amsterdam Science & Innovation Award 2023

The Amsterdam Science & Innovation Award (AmSIA) is the competition for research-based innovative ideas and impactful innovations hosted by the Innovation Exchange Amsterdam (IXA). On Tuesday, November 21, the 16th edition of the Amsterdam Science & Innovation Awards took place at the NEMO Science Museum, honouring exceptional contributions to science and technology.  Zeliha Guler, Pepijn […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/22/2023 07:44 EDT

London-based Phare Health raises €2.8M in Seed round led by General Catalyst

London-based startup Phare Health has secured £2.5M (approximately €2.87M) in a seed round of funding led by General Catalyst.  Strategic support comes from backers KHP Ventures and Bertelsmann Investments, providing industry expertise, extensive European networks, and healthcare resources. Phare Health specialises in advanced AI products designed to assist hospitals in managing their finances and monitoring […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/22/2023 04:12 EDT

UK micromobility startup HumanForest raises €5.7M in Series A extension round

HumanForest, the parent company of Forest – an affordable and sustainable eBike app, has secured a £5M (approximately €5.73M) extension to its Series A round of funding. This round brings the total Series A funding to £17M (approximately €19.51M), building upon the initial £12M investment announced in April of the same year. In April, HumanForest […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/22/2023 02:57 EDT

Sam Altman to return as OpenAI CEO: Here’s what happened

Sam Altman is back in OpenAI as CEO!  He will return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. OpenAI announced the news on X, previously known as Twitter: Besides Altman, Greg Brockman confirmed he is returning to OpenAI and coding tonight.  The announcement follows […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/22/2023 02:14 EDT

Binance CEO Changpeng Zhao steps down, pleads guilty to money laundering charges; appoints new CEO

Changpeng Zhao, the founder and CEO of the world’s largest cryptocurrency exchange Binance, has stepped down from his role and pleaded guilty to breaking the US anti-money-laundering laws, as a part of a $4.3B settlement. Additionally, Zhao is not allowed to take on a management position in the company for the next three years, as […] Read more ›

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27.11.2024 15:30
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