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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
Vishal Singh @ Silicon Canals 1 place · 11/06/2023 03:08 EDT

Paris-based TapNation raises €15M to transform gaming with innovative technologies; Know more

Paris-based TapNation, a mobile gaming publisher, announced that it has secured €15M in a fresh round of funding. The investment came from investors including Re-Sources Capital, Paluel-Marmont Capital, and select banking partners. Helping developers elevate games to new heights Founded in 2019 by Hervé Montoute and Igor Zabukovec, TapNation specialises in mobile gaming. It leverages […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 11/03/2023 09:17 EDT

Netherlands pledges €184M for 14 Dutch research facilities: Meet them here

The advancement of innovative products and services is set to receive a significant boost in the Netherlands as the government has committed €184M for the establishment of 14 high-quality and forward-looking research facilities.  Minister Micky Adriaansens (Economic Affairs and Climate) announced his decision to grant this support from the first round of financing for Applied […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 11/03/2023 08:46 EDT

Amsterdam’s DataSnipper wins Deloitte Technology Fast 50 2023: Know more

London-based Deloitte, a management consultancy company, organised its 24th edition of Deloitte Technology Fast 50 2023, an annual ranking recognising fast-growing technology startups in the Netherlands for their exceptional growth performance.  In 2023, DataSnipper, an Amsterdam-based intelligent automation company, claimed the top spot as the champion This Dutch company has achieved a staggering revenue growth […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 11/03/2023 07:00 EDT

UK’s Accelex raises €14M, partners with FactSet to automate private markets workflows for investors

London-based Accelex, which specialises in AI automation for private markets data acquisition, reporting and analytics, announced that it has secured $15M (approximately €14M) in a Series A round of funding. Founded in 2018, Accelex offers data acquisition, analytics, and reporting solutions for investors and asset servicers, using AI and machine learning to automate the extraction […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/03/2023 06:59 EDT

Dutch-based Artica Therapeutics bags €12M to help patients suffering from autoimmune and inflammatory disorders

Leiden-based Artica Therapeutics, a biotechnology company, announced on Thursday, November 2 that it has secured €12M in a seed round of funding. The funding round was co-led by Thuja Capital and Seroba, with participation from InnovationQuarter and founding investor r BioGeneration Ventures (BGV).  Artica Therapeutics will use the fund to advance its small molecule pipeline […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/03/2023 04:24 EDT

Dutch agritech In Ovo receives €40M loan from EIB for its poultry welfare solutions

Leiden-based In Ovo, a Dutch agritech scale-up, announced on Thursday, November 2, that it has secured €40M in loan from the European Investment Bank (EIB). The funding will support the development of In Ovo’s technology, Ella, which accurately determines the sex of eggs at an early stage. According to the scale-up, currently, around 6.5 billion […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 1 place · 11/02/2023 09:42 EDT

83% of workers willing to earn less if it means loving work more

Hands up if you’d appreciate a salary increase right now. It’d be a help, right?  Amid the ongoing energy and cost of living crisis, almost everyone is feeling the pinch of household inflation. Despite this, 83 per cent of knowledge workers recently surveyed say they are willing to earn less, if it means enjoying work […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 11/02/2023 09:12 EDT

Dutch-based Luna.ai raises €2.3M to develop the world’s best AI-powered sales assistant

Eindhoven-based Luna.ai, a startup that claims to be a pioneer in the sales AI sector, has announced that it secured $2.5M (approximately €2.34M) in a pre-seed round of funding.  The oversubscribed investment was led by Amsterdam-based CapitalT, a seed-stage venture capital fund investing in tech companies. Other investors in this round include NoIon Capital’s angel […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 11/02/2023 08:59 EDT

UK-based Superhog bags €6.3M to enhance safety and security for short-term rental industry: Here’s how

Stockbridge, England-based Superhog, an all-in-one risk management platform for the vacation rental industry, announced on Thursday that it has secured £5.5M (approximately €6.3M) in a Series A round of funding led by 6 Degrees Capital, Hambro Perks, and Solano Partners.  Superhog Founder and CEO, Humphrey Bowles, says, “We are thrilled to have the support and […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/02/2023 08:00 EDT

Amsterdam fintech FERO secures €2.8M from Antler, others

Amsterdam-based FERO Payment Science (FERO), a company that aims to enable bespoke checkout and payment journeys for customers, announced that it has secured $3M (approximately €2.84M) in a seed round of funding.  The investment came from Coatue, Volta Ventures, and Antler. Elena Sakach, Partner at Coatue says, “While payment innovations have made transactions faster and […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/02/2023 06:53 EDT

Amsterdam fintech unicorn Mollie gets payment institution licence in the UK

Amsterdam-based Mollie, a payment service provider, announced on Thursday that it has been granted a Payment Institution licence in the UK by the Financial Conduct Authority (FCA).  Establishing its presence in the UK in early 2021, Mollie has been serving merchants both domestically and those expanding internationally.  With the FCA licence granted, Mollie UK plans […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/02/2023 05:36 EDT

UK government invests €258.1M to create its most powerful AI supercomputer: Know more

The University of Bristol and Hewlett Packard Enterprise (HPE) have secured £225M (approximately €258.19M) in funding from the UK government to create the UK’s fastest AI supercomputer, named Isambard-AI. This initiative is part of the UK Government’s £300M (approximately €344.21M) investment in a national Artificial Intelligence Research Resource (AIRR). Isambard-AI, set to open in the […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 11/02/2023 05:15 EDT

UK’s Atom Bank raises €114M from existing investors at lower valuation: Know more

Durham-based Atom Bank, an app-based bank, announced on Wednesday that it has raised over £100M (approximately €114M) in new equity capital from long-term shareholders BBVA, Toscafund, and Infinity Investment Partners.  The capital infusion will enable UK’s Atom to accelerate balance sheet growth and create an even more compelling proposition for savers, homeowners, first-time buyers, and […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 11/02/2023 05:00 EDT

Spectral receives investment from ABN AMRO Sustainable Impact Fund to scale its operations

Spectral, a pioneer in the fusion of energy and information technologies and a highly impactful scale-up in the energy sphere, is excited to announce a major turning point in its expansion. Spectral has successfully secured an investment from ABN AMRO’s Sustainable Impact Fund (SIF). The fund invests in impact-driven companies seeking both social and financial […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/02/2023 04:00 EDT

Finland-based Kuva Space secures €16.6M to transform spaceborne data into actionable insights: Here’s how

Espoo, Finland-based Kuva Space, an earth observation company, announced on Thursday that it has secured €16.6M in funding. The company can distinguish the molecular composition of nearly any material on Earth with its microsatellites.  The funding round was led by existing investors Voima Ventures and Nordic Foodtech VC, with Singapore-based Earth VC also participating.  The […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/01/2023 13:01 EDT

Meta faces ban on targeted advertising in EU; launches ad-free Facebook and Instagram subscriptions in Europe

The European data regulator has announced on Wednesday that it is extending a ban, which was initially imposed by the Norwegian Data Protection Authority (NO DPA) on the processing of personal data for behavioural advertising on Facebook and Instagram, to cover all 30 countries in the European Union and the European Economic Area (EEA). On […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/01/2023 10:24 EDT

Here are 5 Amsterdam-based startups that are currently fundraising

Amsterdam has long been a thriving hub for innovation and entrepreneurship, and its startup scene continues to flourish.  The Netherlands’ capital city’s startup scene is characterised by its diversity, encompassing various industries, including technology, sustainability, health, and more. Further, it also shares a unified commitment to disrupt traditional models, forging new paths, and tackling global […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 11/01/2023 09:41 EDT

Dutch-based Pelagen raises funding from UNIIQ to produce natural materials sustainably: here’s how

Leiden-based Pelagen, a biotech startup that manufactures bio-fabricated natural materials, has received investment from UNIIQ’s investment to develop its technology further.  The exact amount of funding was not disclosed. Councilor Fleur Spijker announced the investment at the Leiden Bio Science Park. “We are extremely grateful for the investment from UNIIQ, and their recognition that deep […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/01/2023 06:52 EDT

PE firm Mutares acquires Dutch-based Byldis: Know more

Munich-based private equity investor Mutares has acquired Dutch company Byldis, a prominent player in Modern methods of construction (MCC) in the UK and European markets.  Changing the construction world Founded in 2018, Byldis claims to reshape the construction industry through advanced technologies and off-site construction solutions. The company emerged as an independent entity in 2018, […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/01/2023 05:53 EDT

2100 Ventures launches €30M early-stage fund to back European startups: Know more

European venture capital firm 2100 Ventures has announced the launch of a €30M early-stage fund to support innovative startups in Europe. “We are grateful for the support of key amazing people like Alessandro Benetton and his family, who has been the first backer of our idea and source of inspiration, and our strategic advisors Luca […] Read more ›

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27.11.2024 16:29
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