Silicon Canals

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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 2 place · 10/26/2023 03:37 EDT

Springer Nature boosts its publishing prowess, acquires Amsterdam-based Slimmer AI’s Science division

Berlin-based Springer Nature, a company that advances discovery by publishing trusted research, has signed an agreement to integrate Amsterdam-based Slimmer AI’s Science division (SAI) into its operations. This collaboration follows years of partnership between Springer Nature and Slimmer AI, dating back to 2015. Springer Nature is dedicated to advancing research discovery. The company ensures the […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/25/2023 09:02 EDT

Delft-based Momo Medical wins Dutch Innovation Prize 2023 for its BedSense App

Delft-based Momo Medical, a company that improves patient safety through technology, has been announced as the winner of the Dutch Innovation Prize 2023 for its groundbreaking innovation, BedSense. The Momo BedSense App provides caregivers insights and overview of all residents of the memory care community. This recognition, awarded by the Amsterdam Center for Business Innovation […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/25/2023 08:54 EDT

UK travel tech startup InterLnkd ropes in €1.1M to help travel sellers get new revenue streams

London-based InterLnkd, a travel tech startup, announced on Wednesday that it has secured £1M (approximately €1.1M)  in a seed round of funding led by Vanneck Ltd. with participation from other angel investors.  The company says it will use the funds to launch a series of functionality and design enhancements, and to support its expansion into […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 10/25/2023 07:13 EDT

Dutch House of Representatives allocates €4M to boost regional development collaboration: Know more

The Dutch House of Representatives announced on Tuesday, October 24, the approval of a one-time allocation of €4M to support nine regional development companies to strengthen their supra-regional cooperation. By adopting a more unified approach, the Regional Development Companies (ROMs) can further foster innovative SMEs and startups in the regions striving towards a sustainable future, […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/25/2023 06:13 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
Vishal Singh @ Silicon Canals · 10/25/2023 05:21 EDT

Dutch-based The Data Agency boosts its customer insight market position, acquires Whooz

Utrecht-based The Data Agency, a data firm, announced on Thursday, October 19, that it has acquired the Hague-based Whooz, a company known for its expertise in customer insight. This acquisition will enhance The Data Agency’s standing in the customer insight market and support its growth plans in the Netherlands, Belgium, and Germany. Whooz is now […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/25/2023 04:44 EDT

Dutch startup MEJOR Technologies secures funding from Graduate Entrepreneur Fund: Know more

Amsterfoot, the Netherlands-based MEJOR Technologies, a startup developing early detection and monitoring systems for wildfire, announced on Monday, October 23, that it has secured new funding in the pre-seed round from Graduate Entrepreneur Fund.  The funding comes as the developed technology and innovative solutions not only tackle a critical environmental challenge but also hold the […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 10/25/2023 03:45 EDT

Finnish scaleup Voltan bags funding from Kiilto Ventures to provide green heating, cooling solutions

Helsinki-based Voltan, a scaleup that designs, constructs, finances, and operates geothermal energy infrastructure, announced that it has secured growth funding from Kiilto Ventures. However, the company didn’t disclose the exact funding figures.  The latest capital infusion will help the Finnish firm to build more and larger energy solutions in the company’s key market areas.  The […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/25/2023 02:30 EDT

Germany’s AI-powered drone-robotics firm Quantum Systems secures €63.6M

Bayern-based Quantum Systems, a company that develops, manufactures and sells AI-powered drone-robotics, announced on Tuesday, October 24, that it has raised €63.6M in a Series B round of funding. This brings the company’s total funding to over €100M. This milestone makes Quantum Systems the first European company to raise such a significant amount in the […] Read more ›

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Silicon Canals
Karthek Iyer @ Silicon Canals · 10/25/2023 02:26 EDT

Meet Labfresh, a fashion tech startup trying to make men buy less clothes and wear them for longer

Fashion industry might not come to your mind when it comes to global carbon emission. But fashion today accounts for up to 10 per cent of global carbon dioxide output. While startups like The Next Closet are trying to create a circular fashion economy, there are others like Labfresh advocating for less production of textiles […] Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals 2 place · 10/24/2023 08:44 EDT

Say hello to Hellomarketing.ai, Amsterdam-based HelloMaaS’s new AI-as-a-Service platform for marketing teams

The world of marketing is constantly evolving, and staying ahead of the curve is essential for success.  In recent years, artificial intelligence (AI) has emerged as a game-changer in the industry, revolutionising how marketing teams operate and innovate.  To leverage this trend, Amsterdam-based HelloMaaS, a Marketing-as-a-service company, announced the launch of hellomarketing.ai, an AI-as-a-Service for […] Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 10/24/2023 05:33 EDT

UK-based Ctrl Alt raises €2.5M to accelerate alternative asset investing: Know more

London-based Ctrl Alt, a B2B expert solutions provider for alternative assets, announced on Monday, October 23, that it has secured £2.2M (approximately €2.53M) in a fresh round of funding.  The company specialises in helping fintechs and investment platforms expand their offerings to include fractionalised assets like property and green energy, beyond traditional stocks and bonds. […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/24/2023 05:05 EDT

Flash Pack bounces back from bankruptcy with a bang; bags €5.8M

Adventure travel company for solo travellers Flash Pack has bagged €5.8M in funding to expand US operations. Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 10/24/2023 03:15 EDT

Netflix of star chefs: Amsterdam’s Cheflix bags funding; plans to launch crowdfunding campaign

Besides the funding, Cheflix is also set to launch a crowdfunding campaign in partnership with the Dutch platform Crowdaboutnow. Read more ›

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Silicon Canals
Vignesh R. @ Silicon Canals · 10/23/2023 09:52 EDT

US-based Fortive acquires Germany’s EA Elektro-Automatik in €1.36B deal: Know more

Washington-based Fortive, an industrial technologies company, announced on Monday that it has entered into a definitive agreement to acquire Germany’s EA Elektro-Automatik for $1.45B (approximately €1.36B). EA Elektro-Automatik is a supplier of high-power electronic test solutions for energy storage, mobility, hydrogen, and renewable energy applications. The US company expects to finance the acquisition with available […] Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 10/23/2023 08:51 EDT

Amsterdam’s Fastned launches Android Auto App for easy and convenient EV charging across Europe

Fastned introduces a new Android Auto App to elevate EV charging convenience as the company expands for greener transportation in Europe. Read more ›

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27.11.2024 18:26
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