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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 · 11/01/2023 04:12 EDT

Germany’s Cambrium bags €8M to shift towards a bio-based economy with molecular design tech

Berlin-based Cambrium, a synthetic biology startup, announced on Tuesday, October 31, that it has secured €8M in a seed round of funding led by Essential Capital, with participation from SNR, Valor Equity Partners, and HOF Capital. The company has raised €11M, with previous funding from Merantix.  The announcement comes eight months after launching NovaColl, the […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 11/01/2023 03:58 EDT

UK-based Spotted Zebra raises €8.8M to tackle global skills-gap crisis

London-based Spotted Zebra, a skills-based workforce management platform, announced that it has secured £7.7M (approximately €8.84M) in a Series A round of funding. The investment was led by the pan-European VC firm Nauta Capital with participation from Act Venture Capital and existing investors Playfair and Entrepreneur First. Capital utilisation Spotted Zebra says it will use […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/31/2023 09:08 EDT

EIC Accelerator: EIC selects 47 European startups; 4 are from the Netherlands

The European Commission (EC) announced on Monday, October 30, that it has selected 47 companies to receive European Innovation Council (EIC) funding, following the third 2023 EIC Accelerator cut-off in June. According to EIC, engineering and tech-based companies performed strongly, accounting for 25 per cent of the selected companies, which is close to the traditionally […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 10/31/2023 07:37 EDT

Startup of the month: Latvia-based SpirulinaNord raises €600k to harness the potential of this superfood

In the world of health and wellness, there is a growing need for innovative, sustainable, and nutrient-rich solutions that cater to the health-conscious community.  At present, companies around the globe are pioneering groundbreaking methods to deliver products that not only promote well-being but also align with eco-friendly practices.  SpirulinaNord has emerged as a game-changer in […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals 2 place · 10/31/2023 06:35 EDT

German AI, deep tech startup TVARIT bags €6.5M to expand zero waste metal manufacturing

TVARIT secures €6.5M in Series A funding led by Momenta, Futury Capital, and 4impact to drive zero-waste metal manufacturing with AI. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 2 place · 10/31/2023 06:23 EDT

Zurich’s SkyCell raises €53.5M from M&G’s Catalyst to revolutionise pharmaceutical logistics

Zurich-based SkyCell, a technology company that aims to revolutionise global pharmaceutical logistics, announced that it has secured $57M (approximately €53.51M) in a fresh round of funding.  The investment came from Catalyst, a part of M&G Investments’ $6B purpose-led private assets strategy. Catalyst focuses on investing in privately-owned businesses worldwide that tackle environmental and social issues. […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/31/2023 05:19 EDT

French textile and plastic recycling startup Recyc’ELIT secures €3.2M: Know more

Chasse sur Rhône-based Recyc’ELIT, a French startup that recycles all types of complex textiles and plastics, announced that it has secured €3.2M in a fresh round of funding. Demeter led the investment through the Metropolitan Industrial Seed Fund (FAIM) Lyon – Saint-Etienne and UI Investissement. Banque des Territoires (Caisse des Dépôts Group), Crédit Agricole Création, […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/31/2023 05:02 EDT

Ex-Wikimedia chief Katherine Maher is Web Summit’s new CEO after Paddy Cosgrave resigned over Israel-Hamas war comments

Web Summit, a platform that hosts an annual technology conference in Lisbon, Portugal, announced that it has appointed former Wikimedia Foundation boss Katherine Maher as its new CEO. The announcement comes a few days after Paddy Cosgrave, the co-founder of Web Summit, faced flak for accusing Israel of committing war crimes and breaching international law […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/31/2023 04:00 EDT

German agtech Tupu secures €3M to revolutionise mushroom farming, expand market reach

Berlin-based Tupu, an agtech company that plans to transform the mushroom farming industry through its decentralised farming system, announced that it has secured $3.2M (approximately €3M) in a Seed round of funding. The round was co-led by FoodLabs and Zubi Capital, with participation from Clear Current Capital, FoodHack, IT-Farm, Coast Cap, and notable business angels […] Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 10/30/2023 09:11 EDT

Selling is an art and Georgi Todorov found success with Flippa’s help

In order to start a business, they say one needs to have the right risk appetite but sometimes, it also requires knowing the right time to exit the business. Bulgarian entrepreneur Georgi Todorov embodies this by taking Thrive My Way from 0 to 100,000 monthly traffic in just eight months and selling it for six […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/30/2023 09:01 EDT

Amsterdam startups that raised funding this month; 10 of them are hiring right now

Amsterdam, the capital of the Netherlands, is a thriving hub for startups and entrepreneurs. Its vibrant tech scene, cultural diversity, and progressive business environment attract global investors and innovative talents.  The city is a hotspot for disruptive companies aiming for international success. The 2023 Global Startup Ecosystem Report highlights its status with 4,000 startups employing […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/30/2023 07:59 EDT

Switzerland’s Baseflow bags €2.3M funding, aims to create the world’s best CBI experience

Baseflow secures €2.3M funding to transform second citizenship with streamlined CBI programmes, aiming to create a 'Network State' for global collaboration. Category: Funding, Startups, Travel & Mobility Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/30/2023 07:43 EDT

Antler combines Founder-in-Residence programme across Berlin, Munich and Amsterdam; here’s why

Building businesses and nurturing the next generation of founders can be a daunting task. Especially, when you consider the challenges brought about by the global pandemic and shifting market trends.  Fortunately, programmes like Antler have emerged, offering a new way of creating a supportive startup ecosystem that helps founders overcome the many obstacles of building […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/30/2023 05:51 EDT

France-based Id4 Ventures launches €16M pre-seed fund to back European tech startups

Paris-based Id4 Ventures, a firm that invests in early-stage startups and venture capital funds with a focus on the European ecosystem, announced that it has secured €16M for its new pre-seed Fund. Id4 Ventures says it will use the fund to support founders developing global companies in technologies such as climate, healthcare, computer vision, and […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/30/2023 04:41 EDT

Amsterdam-based FIELDS Group acquires Dutch IT infrastructure service provider TTNL: Know more

Amsterdam-based FIELDS Group, an entrepreneurial hands-on investor focused on developing companies with potential, announced that it has acquired a majority stake in TTNL. TTNL is an IT infrastructure service provider in the Benelux region and other selected countries. They specialise in end-to-end expertise in setting up, maintaining, and optimising mission-critical, hybrid multi-cloud IT infrastructures. The […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/30/2023 03:09 EDT

UK’s credit platform multifi secures €11.4M to empower SMBs with financial support

London-based multifi, a credit platform that empowers small and medium-sized businesses (SMBs) with access to financial support, announced that it has secured £10M (approximately €11.48M) in a fresh round of funding. The investment came from Fasanara Capital, a London-based asset manager and technology platform with £4B under management.  Matt Kus, Head of Origination for Developed […] Read more ›

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27.11.2024 16:28
Last update: 16:20 EDT.
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