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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
Vignesh R. @ Silicon Canals · 11/13/2023 09:59 EDT

Event of the month: Here’s why you should attend Techleap.nl’s DEI in Tech Summit 2023 in November

In the fast-evolving landscape of technology, where innovation often takes centre stage, the requirement for fostering diversity, equality, and inclusion has become more crucial than ever.  As the tech industry continues to shape the fabric of our existence, there is a growing recognition of the need for representation and equal opportunities for all voices in […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/13/2023 09:00 EDT

Former Adyen VPs raise €9M for their Dutch-based billing platform Solvimon

Utrecht-based Solvimon, a next-generation billing platform designed to help businesses manage their billing and pricing operations, announced that it has secured €9M in a seed round of funding. The investment came from London-based venture capital fund Northzone and select business angels. Northzone, founded in 1996, has raised over €1B in its latest fund and has […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 11/13/2023 06:35 EDT

Remote-first is the way to go: Remote CPO Barbara Matthews on distributed teams, AI, and future of work

What is the future of work? This question has dominated the minds of employers, employees, HR leaders, and business leaders around the world. Even though return to office dominates the news, the future of work is one dominated by distributed workforce and one where employers no longer need to look for the best talent in […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/13/2023 06:17 EDT

Oslo-based solar and battery storage marketplace Otovo bags €40M to expedite its path to profitability

Oslo-based Otovo, a marketplace for solar and battery storage, announced on Friday, November 10, that it has secured €40M (approximately NOK 450M) in a fresh funding round. The round was led by the existing investors Å Energy, Axel Johnson Group, and Nysnø (The Norwegian Government Climate Investment Fund).  Otovo’s top investors, who previously owned 44 […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/13/2023 06:03 EDT

Rotterdam-based Travel Diaries renames to Journal Lab; secures €1.2M funding

Rotterdam-based Travel Diaries, a digital platform enabling travellers to chronicle their adventures in a photo-filled diary for free, announced on Friday, November 11, that it has secured €1.2M in funding.  However, the company didn’t disclose the investor’s name.  In addition to funding, the Dutch company announced a rebrand to Journal Lab. Talking about it, Veerle […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/13/2023 05:47 EDT

Multiplayer game and livestreaming platform Noice exits “incredibly long” stealth mode with €19.6M funding

Helsinki-based Noice, a next-gen live streaming platform for gamers, announced that it has secured $21M (approximately €19.64M) in a Series A round of funding. The company says, “We’ve been building Noice in stealth for over 4.5 years. Today that incredibly long stealth mode is finally over and we are revealing for the first time that […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/13/2023 02:30 EDT

Amsterdam startup BASH raises €750K to help you discover great parties

Amsterdam-based BASH, a party discovery startup that helps connect with others and keep track of everything via its app, announced that it has secured €750K in a fresh round of funding. With plans for expansion across the Netherlands, the startup told De Ondernemer that it has witnessed significant growth; the company increased its active user […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/10/2023 07:05 EDT

Paris-based Beev secures €3M to create an ecosystem around electric mobility

Paris-based Beev, a partner for a “smooth” transition to electric mobility, announced that it has secured €3M in a fresh round of funding to accelerate the electrification of businesses. The investment came from Founders Future, Karista, and renowned funds like SIDE ANGELS. Existing investor Via ID – Mobivia also participated in this round. “In just […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 11/10/2023 07:05 EDT

Portugal-based alternative Android app store Aptoide downloads €8.5M funding

Lisbon-based Aptoide, an online marketplace for Android apps, announced on Thursday, November 9, that it has secured €8.5M in a fresh funding round from Digital Turbine, the premier independent mobile growth platform.  The announcement comes over a year after Digital Turbine announced a strategic investment in Aptoide in October 2022.  The investment from Digital Turbine […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/10/2023 05:36 EDT

Meet JUNA: Scania and sennder’s new JV established to drive large-scale electric truck adoption in Europe

Södertälje, Stockholm-based Scania, a motor vehicle manufacturer, on Wednesday, November 8, announced a joint venture — JUNA with sennder Technologies, a digital road freight forwarder. The joint venture aims to advance electric solutions in road logistics across Europe, aligning with the EU’s Green Deal, aiming for climate neutrality by 2050.  JUNA is managed by Matteo […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/10/2023 05:13 EDT

Austria-based VALANX Biotech bag €2.3M for drug development and diagnostics

Austria-based VALANX Biotech, a synthetic biology company, announced that it has secured €2.3M in a growth round of funding. In 2020, VALANX secured a six-figure seed investment from a syndicate including IST cube, tecnet equity, and SOSV. The company has now raised additional growth financing comprising equity and public funding. SkyGene from Lower Austria led […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 11/10/2023 03:39 EDT

Amsterdam-based Eddytec raises funding to detect faults in carbon fibre composites; here’s how

Amsterdam-based Eddytec is a spin-off of the University of Amsterdam and the Hogeschool van Amsterdam that develops sensing solutions for the detection of defects in carbon fibre composites.  On Monday, November 6, the Dutch startup announced that it has received a €300K convertible loan from Innovatiefonds Noord-Holland. Dr Alina Chanaewa, co-founder and CEO of Eddytec, […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 11/10/2023 02:40 EDT

French photonic quantum computing company Quandela raises €50M from EIC, others

Paris-based Quandela, a startup that provides photonic quantum computers, announced that it has secured over €50M in a fresh round of funding.  The investment came from various sources, including new investors Serena, Credit Mutuel Innovation, and the European Innovation Council Fund, as well as support from the French government’s France 2030 Plan. Existing investors Bpifrance, […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/09/2023 08:29 EDT

Dutch startup SUPPLYZ rebrands to RESONIKS; secures funding from Nordic investor Kvanted

The Hague-based company, SUPPLYZ, announced on Monday, November 7, that it has changed its brand name to RESONIKS.  The origin of the brand name “RESONIKS” stems from the combination of “resonance” and “Akustik” (the German term for acoustics).  The name echoes its commitment to harnessing the unique acoustic elements inherent in its sensor solutions, claims […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 11/09/2023 06:33 EDT

These startups are heading to Slush 2023 as part of the Amsterdam delegation

Slush 2023 is just around the corner, and the excitement is building up among the startup community. This highly anticipated event, known for its founder-focused approach, is set to bring together some of the brightest minds, innovative ideas, and groundbreaking startups globally.  Held annually in Helsinki, Finland, Slush 2023 will take place at the Helsinki […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/09/2023 06:08 EDT

UK-based tech rental startup Ooodles raises €11.2M

London-based Ooodles, a transparent and flexible asset management platform, has secured $12M (approximately €11.22M) in a fresh round of funding.  The investment was led by Paris-based asset manager, Smart Lenders Asset Management (SLAM). SLAM specialises in US and European consumer credit markets and lending to small and medium-sized enterprises. Established in 2014, the firm manages […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/09/2023 04:39 EDT

German healthtech startup Doctorly raises €6.7M in Series A extension round

Berlin-based healthtech startup doctorly, announced that it has secured a $7.2M (nearly €6.72M) extension to its Series A funding round, increasing the total Series A funding to $17.2M (nearly €16M), which includes the $10M (then, nearly €9.39M) announced in February 2023. Investors supporting doctorly The round was led by Dusseldorf-based Simon Capital, a VC fund […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/09/2023 02:35 EDT

Performativ raises €5.5M as it aims to improve Europe’s outdated wealth management industry

Copenhagen-based Performativ, a SaaS-based client reporting software company that aims to revolutionise the wealth management sector, announced that it has secured €5.5M in a seed round of funding. The investment was led by FinTech Collective (FTC), a global VC firm that backs founders who reimagine the way money moves through the world.  Performativ’s existing investors […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/08/2023 08:52 EDT

Finland’s SpinDrive raises €3.8M from Rhapsody Venture Partners, others

Lappeenranta, Finland-based SpinDrive, a company specialised in active magnetic bearings (AMBs), announced on Wednesday that it has secured €3.8M in a Series A round of funding.  The round was led by US-based Rhapsody Venture Partners, with participation from existing investors Innovestor and Born2Grow.  To date, the company has raised a total of €8M in funding […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/08/2023 07:31 EDT

Watermelon launches new AI chatbot aims to facilitate voter decision-making for upcoming Dutch parliamentary elections

Utrecht-based Watermelon, a startup specialised in AI chatbot solutions, announced on Wednesday that it has recently launched Kiesbot, an AI chatbot, facilitating vote choice for the House of Representatives elections.  The tool provides voters with objective answers to their questions about the upcoming elections through popular messaging platforms like WhatsApp and Instagram. The AI ​​chatbot […] Read more

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27.11.2024 14:42
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