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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 1 place · 10/27/2023 10:09 EDT

Spain’s women-led fintech Twinco Capital secures €50M debt facility from BBVA Spark: Know more

Spanish green fintech company Twinco Capital secures €50M debt facility from BBVA Spark to develop services. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 1 place · 10/27/2023 08:42 EDT

French startup Wheere bags €11M to advance indoor & outdoor geolocation technology

Montpellier, France-based Wheere, a startup that specialises in developing indoor and outdoor location systems, announced that it has secured €11M in a fresh round of funding. The investment came from Blast.Club, SOFILARO Capital Investissement, Bpifrance, and business Angels, including Arnaud Frey, Adrien Montfort, and Jacques Arthur Essebag. The French company says it will use the […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/27/2023 08:04 EDT

Leading Odoo partner Dynapps boosts global expansion, acquires Dutch counterpart Alpiek

Dynapps, a key Odoo implementation partner in Europe, announced that it has acquired Dutch counterpart Alpiek to expedite its global expansion efforts. The partnership enhances Dynapps’ service offerings and expertise, solidifying its position as a global leader in Odoo. Dynapps claims to be Europe’s largest Odoo partner with 200+ references and 5700 active users. This […] Read more

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Silicon Canals
Editorial team @ Silicon Canals 1 place · 10/27/2023 08:00 EDT

Swedish playtech Boxbollen capitalises on global growth with a €3.1M capital partnership with Juni

Playtech startup Boxbollen announces €3.11M capital partnership with fintech Juni to capitalise on the former’s global growth. Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/27/2023 07:45 EDT

These are the 5 finalists of FEM-START Awards 2023

The Hague-based FEM-START, a platform for education, mentoring, and networking to bridge the funding gap for female entrepreneurs, announced the five finalists of the FEM-START Awards 2023 edition! FEM-START Awards 2023: Top 5 finalists Powered by Antler, this year’s FEM-START Awards offer an investment prize of €100,000, and the runner-up will receive the opportunity of […] Read more

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Silicon Canals
Editorial team @ Silicon Canals 1 place · 10/27/2023 07:01 EDT

Munich-based The Landbanking Group bags €10.4M to launch natural capital management platform Landler

Climate fintech The Landbanking Group raises €10.4M to launch and develop natural capital management platform Landler. Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/27/2023 06:43 EDT

How to streamline processes using fintech solutions

For many startups and scale-ups financial administration is clunky and time-consuming. Seeing your revenues increase is exciting, and nobody wants to do expenses, invoicing, payroll, and financial reporting manually. These practices are complicated and outdated. Fintech solutions have modernized the way we do finance and for all types of businesses help significantly streamline financial processes. […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/27/2023 06:01 EDT

Dutch housing rental platform HousingAnywhere raises €8M from BNP Paribas

Rotterdam-based HousingAnywhere, a company that claims to be Europe’s leading housing rental platform, announced that it has raised €8M in a venture debt round from global bank BNP Paribas. This funding marks the start of a collaborative effort to transform the real estate sector using “innovative” technology solutions, aligning with HousingAnywhere’s mission to empower individuals […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 10/27/2023 04:48 EDT

Berlin-based HelloFresh publishes Q3 financial reports; announces €150M share buy-back programme

Berlin-based HelloFresh, a meal-kit company, announced on Thursday, October 26, its financial results for Q3, 2023.  The company achieved a positive 3.5 per cent YoY revenue growth on a constant currency basis, reaching a revenue of €1.80B in Q3 2023.  The company’s constant currency revenue growth further accelerated in September 2023. This growth can be […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/27/2023 04:43 EDT

London-based spatial computing startup Threedium bags €2.2M to advance 3D e-commerce

Threedium secures €10.4M in Series A funding from key players, advancing omnichannel 3D solutions and pioneering immersive 3D/AR experiences Read more

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/27/2023 04:25 EDT

Germany’s RAYDIAX raises €3.5M to develop cancer therapy assistance system

Magdeburg-based RAYDIAX announced that it has raised €3.5M in a fresh round of funding to develop its computed tomography-based image assistance system for minimally invasive cancer treatments.  The funding includes a seed round of €2.4M led by HTGF and bmp Ventures with IBG funds, and a €1.1M top-up grant from the German Federal Ministry for […] Read more

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Silicon Canals
Guest Contributor @ Silicon Canals · 10/26/2023 09:39 EDT

Want to earn more in 2024? Look to non-traditional tech companies

In the halcyon days, Big Tech companies were viewed as a safe bet thanks to the above-average remuneration and bountiful benefits packages they offered, not to mention the unlimited snacks, on-site massages––and in Meta’s case, free dry cleaning. But with mass layoffs sweeping through the industry in 2023, lavish perks drying up and experts frequently […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 10/26/2023 09:34 EDT

Mastering the compliance challenge: How Fourthline is revolutionising the fourth line of defence

The most common organisational principle in risk management is called the ‘three lines of defences’. It is especially followed by banking and financial institutions to strengthen their business processes. The first line of defence is the management or primary owners of the day-to-day operations while the second line of defence is control functions such as […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/26/2023 09:18 EDT

Germany’s Empion raises €6M from Cavalry Ventures, others to automate hiring with AI

Berlin-based Empion, a provider of HR management software solutions, announced on Wednesday, October 25,, that it has raised €6M in a seed round of funding led by Cavalry Ventures with participation from existing investors Redstone VC and VR Ventures. The announcement comes a year after raising €2.4M in a pre-seed financing round from Redstone VC, […] Read more

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Silicon Canals
Karthek Iyer @ Silicon Canals · 10/26/2023 08:40 EDT

Founders on Funding: Quatt’s Marijn Flipse on smart heat pumps and sustainable home energy

On May 16, Dutch startup Quatt announced its €1.5M debt financing through Duurzaam Investeren, an online investment platform designed for sustainable energy projects in the Netherlands. This funding came eight months after the startup had raised €2M in seed funding from Impact Equity Fund and Siep van der Valk. Marijn Flipse, who co-founded Quatt with […] Read more

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/26/2023 08:35 EDT

Omek Summit 2023: An event where culture, mentorship, and tech converge

Attending summits and events is essential to thriving in today’s fast-paced world.  With the constant need to innovate, network, and share ideas, these gatherings offer a unique possibility to stay ahead of the curve.  These summits act as a bridge that connects us to a vast pool of opportunities, enabling us to learn, grow, and […] Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/26/2023 08:08 EDT

Swiss-based Viso raises €8.7M to make and deploy AI vision apps for businesses

Schaffhausen-based Viso, a no-code computer vision platform to build, deploy and operate AI vision applications, announced that it has raised $9.2M (approximately €8.73M) in a seed round of funding.  The investment was led by Accel, a global VC firm supporting innovative teams from startup to growth stages. The firm has backed companies like Facebook, Spotify, […] Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/26/2023 06:45 EDT

London’s transit advertising firm Drovo raises €3.4M from Maven Capital Partners, others

Drovo, on-vehicle AdTech company, has secured £3M (€3.4M) in Series A funding round led by Maven Capital Partners. Read more

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Silicon Canals
Editorial team @ Silicon Canals · 10/26/2023 06:33 EDT

UK’s biotech firm ImmuOne bags €2.2M to scale up 3D human lung model for drug testing

UK biotech firm ImmuOne secures €2.2M investment to transform drug testing, replacing animals with innovative 3D lung models. Read more

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/26/2023 06:32 EDT

Sofinnova Partners closes €190M Digital Medicine I fund; backs L’école AI in a €2.8M deal

Sofinnova Partners, a life sciences venture capital firm based in Paris, London, and Milan, announced that it has successfully closed Sofinnova Digital Medicine I Fund at €190M, surpassing its target. Led by Partners Edward Kliphuis and Simon Turner, the fund supports innovative entrepreneurs navigating the convergence of biology, data, and computation. Since its launch, the fund […] Read more

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27.11.2024 18:26
Last update: 18:12 EDT.
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