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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
Editorial team @ Silicon Canals 2 place · 11/17/2023 06:28 EDT

Discover the top VC locations in Europe for funding, startups and jobs

It won’t be a surprise to anyone working in the tech industry that when it comes to the share of the venture capital (VC) funding pie, the U.S. takes most of the slices––and the cherry on top. Most people are well aware also that funding has slowed down recently; a culmination of several factors including […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · 11/17/2023 05:54 EDT

Germany’s Proxima Fusion raises €7.5M to develop economically viable fusion power plants

Proxima Fusion, a Munich-based startup focused on developing emission-free fusion power plants, has secured a total of €7.5M with an extension to its pre-seed round of funding. Fusion energy, harnessed by power generated by fusing two lighter nuclei into a heavier one, releases energy that can be captured and used to power homes, industries, and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/17/2023 03:26 EDT

MAM pledges €175M to Amsterdam’s SkyNRG for sustainable aviation fuel growth

Macquarie Asset Management (MAM), a financial services organisation, has committed to invest up to €175M in Amsterdam’s SkyNRG through the Macquarie GIG Energy Transition Solutions (MGETS) Fund, fostering the growth of Sustainable Aviation Fuels (SAF). MAM’s Green Investments team will lead a new investment supporting SkyNRG’s growth and its goal to become a major Sustainable […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/16/2023 08:56 EDT

Meet the 12 Dutch startups that have won the CES Innovation Award 

Consumer Electronics Show (CES), the largest global tech fair, will happen in Las Vegas from January 9-12, 2024. Among the 70 Dutch startups participating in CES this year, 12 have been recognised with prestigious Innovation Awards. These awards mean startups have created some of the best designs, innovations, and products in their respective tech categories.  […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 11/16/2023 08:40 EDT

LSH Capital Match: An event where Dutch LSH startups, investors, and academic converge

When Dom Longford decided to build a modern ADHD care system called Cog, he decided to choose Amsterdam and the North Holland region as his base. At the age of 31, Longford was diagnosed with hyperactivity-type ADHD and received great care in the Netherlands and with Cog, he is trying to turn that care into […] Read more

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Silicon Canals
Business Wire @ Silicon Canals · 11/16/2023 05:46 EDT

DUBLIN–(BUSINESS WIRE)–#asiarisk–Global risk and compliance technology provider MCO (MyComplianceOffice) has been named Financial Services and Fintech Exporter of the Year by Asia Matters at an awards ceremony held on 15 November in Dublin. Ireland’s only Asia-focused think tank, Asia Matters is focused on building business links between Asia, the EU and Ireland. “Our selection as […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/16/2023 03:31 EDT

Amsterdam’s grocery app Crisp bags €35M from Adriaan Mol, Thomas Plantenga, others 

Amsterdam-based Crisp, an app-only supermarket focused on seasonal and local food, announced on Thursday, that it has secured €35M in a funding round from existing as well as new investors, including top Dutch entrepreneurs and family funds.  Supporting investors include Adriaan Mol (Mollie, Messagebird), John Caspers (Adyen), Sanne Manders (Flexport), Thomas Plantenga (Vinted), as well […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/16/2023 02:06 EDT

Greensphere Capital assembles top science institutes to launch new €171M fund tackling climate change and biodiversity loss

London-based Greensphere Capital, a specialist fund manager, on Wednesday, announced the launch of Gaia Sciences Innovation partnerships, bringing together the world’s largest group of globally renowned bioscience and environmental science institutes.  As a part of the initiative, Greensphere aims to raise a £150M (approximately €171M) fund to invest in and scale world-leading businesses that successfully […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 11/15/2023 08:11 EDT

Amsterdam’s Airbridge Equity Partners closes €63M Fund to back Europe’s tech-focused scaleups

Amsterdam-based Airbridge Equity Partners (Airbridge), a technology-focused investment firm, has announced the completion of its second fund, AEP-II, securing €63M in capital commitments.  Airbridge aims to explore new opportunities, foster impactful partnerships, and contribute to the evolving tech ecosystem. Airbridge’s first fund — AEP-I, was exclusively internally funded. However, for the first time, the investment […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/15/2023 08:04 EDT

Dutch revenue-based financing marketplace Levenue raises €8M; acquires Belgian startup Cake 

Breda, the Netherlands-based Levenue, a revenue-based financing marketplace, announced that it has secured €8M in Series A funding from Truffle Capital, with participation from Freshmen Fund. Levenue is the first flagship investment of the Truffles’ “Fintech Scale-Ups Fund” that will invest in up to 15 high-growth Fintech scale-ups across Europe over the next few years.  […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/15/2023 07:52 EDT

Romania’s Underline Ventures closes first fund at €18.4M to back early-stage Eastern European founders

Bucharest-based Underline Ventures, the first solo general partner venture fund in Eastern Europe, announced that it has closed its first fund at $20M (approximately €18.4M). The VC aims to back the earliest stages of Eastern European founders building high-growth startups with global ambitions.  Additionally, Underline Ventures will continue to leverage its network and develop its […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/15/2023 03:39 EDT

France-based Le Fourgon raises €10M to rehabilitate the use of returnable glass bottles, containers

France-based Le Fourgon, a startup making strides in the revival of returnable glass bottles and containers, announced that it has raised €10M in a Series A round of funding. Having previously secured €4.5M in its first financing round in 2022 and an additional €3M through crowdfunding this year, Le Fourgon is aiming for expansion. The […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/15/2023 02:56 EDT

Amsterdam’s Equals and PayPal join forces to empower female entrepreneurs on National Day of the Entrepreneur: Here’s how 

Amsterdam-based Equals, a firm that focuses on empowering and supporting women’s career growth, has announced an event — “LEVEL UP: Scaling with Confidence,” in collaboration with PayPal as a part of the National Day of the Entrepreneur celebration on November 17th.  The conference aims to highlight the importance of female founders in driving innovation and […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/14/2023 08:38 EDT

Amsterdam’s VectorY Therapeutics closes one of Europe’s largest private biotech financings in 2023

Amsterdam-based VectorY Therapeutics, a biotech company, announced on Monday that it has secured €129M in a Series A round of funding co-led by EQT Life Sciences and the Forbion Growth Opportunities Fund. Additionally, new and existing investors also participated in the financing, including MRL Ventures Fund, a corporate venture arm of Merck & Co., Inc., […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/14/2023 07:57 EDT

UK fintech Fnality raises €89M from Goldman Sachs, BNP Paribas, others: Know more

London-based Fnality, a developer of DLT-based (Distributed Ledger Technology) wholesale payment systems, announced on Tuesday that it has secured a £77.7M (approximately €89M) Series B round of funding. The round was led by Goldman Sachs and BNP Paribas, with participation from DTCC, Euroclear, Nomura, and WisdomTree.  There were also additional investments from Series A investors […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/14/2023 06:24 EDT

Dutch-based Naïf raises €23M to make skincare products that are good for people and the planet

South Holland-based Naïf, a B-corp that makes skin-friendly care products for babies and their parents, announced on Tuesday that it has secured €23M from the European impact investor Future Business Partnership (FBP). The Dutch company will use the funds to achieve sustainable growth, stimulate innovations to improve the personal care industry, and finance further expansion […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/14/2023 05:43 EDT

New career coaching app Bloom launches in the UK and US with €9.3M funding

London-based Bloom, a coaching app aiming to democratise access to coaching, has officially launched in the UK and the US following a seed funding round that secured $10M (approximately €9.33M). Anticipating the onboarding of 100,000 users in the UK and US by 2024, Bloom claims to be building a content cloud of lived experiences to […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 11/14/2023 05:33 EDT

Berlin-based IQONIC.AI raises funding from Accel, APX, others

Berlin-based IQONIC.AI (previously SQIN), an AI company, announced on Friday, November 10, that it has secured a seven-figure seed financing round from Brandenburg Kapital, YZR Capital and Arve Capital. Other existing investors such as Accel, APX (the early-stage investor backed by Axel Springer and Porsche), Thomas Hayo, Michael Schummert and Jens Apermann, also participated in […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/14/2023 04:36 EDT

Scotland’s Glox Therapeutics raises €4.9M to combat antimicrobial resistance

Glasgow-based Glox Therapeutics, a company that aims to advance its precision antibiotic therapies, focusing on naturally occurring bacteriocins, has secured £4.3M (approximately €4.93M) in a seed round of funding. The investment was led by Boehringer Ingelheim Venture Fund (BIVF) and Scottish Enterprise. Developing precision protein antibiotics Antimicrobial resistance (AMR) poses a global health crisis, causing […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/14/2023 02:14 EDT

Belgium’s Aikido Security raises €5M to secure your growing SaaS business; here’s how

Ghent-based Aikido Security, a software security app catering to SaaS companies, announced that it has secured €5M in a Seed round of funding.  The round was co-led by Notion Capital and Connect Ventures, with participation from Inovia Capital Precede Fund I, led by Raif Jacobs and former Google CFO Patrick Pichette.  The investment also saw […] Read more

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27.11.2024 11:47
Last update: 11:41 EDT.
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