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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · today 09:34 EDT

UK’s Oxford Ionics delivers field-upgradeable quantum computer to National Quantum Computing Centre for R&D

A couple of months after the acquisition by US-based IonQ, this UK quantum computing company delivered and installed a full-stack quantum computer on this campus.  CL Oxford-based Oxford Ionics, a company specialised in trapped-ion quantum computing, announced that it has delivered and installed a full-stack quantum computer — called Quartet in the UK’s National Quantum ... Read more Read more ›

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13.08.2025 ♋︎ Dear Cancer, today promises to be extraordinarily diverse and eventful. Your energy and mood will... Read more ›
Silicon Canals
Vishal Singh @ Silicon Canals 2 place · today 10:17 EDT

Meet the top small companies to work for in the Netherlands in 2025; 12 are hiring right now

Netherlands-based Great Place To Work is a research and consultancy agency that helps organisations develop workplace cultures built on trust. For more than 30 years, it has worked with businesses to create environments that support revenue growth, talent attraction, and employee retention. On June 13, the agency’s 23rd edition of the Best Workplaces Awards was ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · today 06:16 EDT

After securing €10M, Amsterdam’s Avantium strikes conditional deal with lenders; plans September 2025 equity raise

This Dutch company, specialised in renewable and circular polymer materials, reached a conditional agreement with its Lenders to extend and amend its existing Senior Debt Financing Agreement. Amsterdam-based Avantium, a company specialising in sustainable chemistry technologies, announced a conditional agreement with its lenders — ABN AMRO, ASN, ING, Invest-NL, and Rabobank to extend and amend ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · today 03:16 EDT

Hamburg-based Plancraft secures €38M to advance construction planning platform

Plancraft has secured funding to drive its AI-powered transformation of the construction industry across Europe. This investment will accelerate product innovation and support the company’s growth and expansion. Hamburg-based construction SaaS platform Plancraft has raised €38M in Series B funding led by global venture capital firm Headline. The round, which brings the company’s total funding ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 04:10 EDT

Meet Delphinus Venture Capital, new Aarhus-based €80M venture fund launched to boost the startup ecosystem of these regions 

The Aarhus University Research Foundation join hands with these local firms to drive growth in the startup ecosystem across these regions. The Aarhus University Research Foundation announced that it has joined forces with HEARTLAND, Norlys, and the Salling Group to drive growth in the startup ecosystem across East and Central Jutland. As a part of ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · today 05:30 EDT

Amsterdam’s ReadLer secures funding to boost Speaklee, its AI speech assistant for kids

ReadLer has secured funding from the Noord-Holland Innovation Fund. The company is developing Speaklee, a speech-focused digital tool for children. ReadLer, the startup behind Speaklee and based at Vrije Universiteit Amsterdam, has received a €350K convertible loan from the Noord-Holland Innovation Fund. Ludolf Stavenga, fund manager of the North Holland Innovation Fund, “ReadLer combines smart ... Read more Read more ›

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Other news
older that 24 hours
Silicon Canals
Vishal Singh @ Silicon Canals · 08/12/2025 07:31 EDT

Swiss-based Oculis upsizes BlackRock loan facility to €106.2M for eye disease breakthroughs

Oculis has amended its loan facility with BlackRock, increasing potential access to CHF 100M. The company develops therapies for ophthalmic and neuro-ophthalmic diseases. Lausanne-based biopharmaceutical company Oculis has amended its loan facility with funds and accounts managed by BlackRock, increasing the facility to allow access of up to CHF 100M (nearly €106.23M). The Swiss company ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/12/2025 07:19 EDT

Swiss biotech firm Mabylon lands €32M to fight peanut allergies

A Swiss biotech company working on engineering novel antibody therapeutics in allergy, inflammation and neurology, raises funding.  Zurich-based  Mabylon AG, a biotech company, has raised a total of CHF 30M (approximately €32M) in the form of both equity investment and convertible loan from existing private investors, with the major investment coming from former management and ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/12/2025 07:06 EDT

UK’s AI game-making startup TILKI raises €1.8M to let anyone create video games without coding

London-based TILKI outlined its plans for platform development, community features, and broader market participation, supported by investment from several venture firms. London-based TILKI, an AI-powered game creation platform, has raised $2.2M (nearly €1.89M) in a pre-seed funding round. The platform enables consumers to create video games without coding. The round was led by early-stage venture ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/12/2025 05:03 EDT

Amsterdam-based Marktlink Capital secures €520M to back eleven PE managers

A Dutch investment firm just closed two new funds with big numbers. The investment will be allocated to various private equity and venture capital funds. Amsterdam-based Marktlink Capital, an investment firm for entrepreneurs and private investors, has raised €520M from private investors for two funds. The capital raised will be invested in eleven private equity ... Read more Read more ›

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Silicon Canals
Editorial team @ Silicon Canals · 08/12/2025 04:08 EDT

Strategic AI Leadership in the Enterprise: How Lohitaksh Yogi is Pioneering Customer-Centric Innovation

August 12th, 2025 – The landscape of enterprise artificial intelligence presents a compelling paradox. On one hand, it is a domain of unprecedented opportunity, with the global conversational AI market projected to surge from USD 11.58 billion in 2024 to USD 41.39 billion by 2030. This growth is fuelled by a fundamental shift in consumer ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/12/2025 03:32 EDT

Amsterdam’s Prosus gets European Commission nod for Just Eat Takeaway deal

A massive delivery deal just cleared in Europe. The acceptance period for the offer will remain open until October 1, 2025, at 17:40 CEST. Amsterdam-based Prosus, a global technology company, announced that it has received European Commission approval to acquire Just Eat Takeaway.com, securing the final regulatory clearance for its €4.1B offer. This was the final ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/12/2025 02:35 EDT

Riva Money lands €2.5M to make sending money abroad faster and cheaper

Riva Money has secured funding to develop its payment platform and expand its market presence. The company plans to enhance its infrastructure to improve the movement of money across borders. Riva Money, a global payments firm leveraging blockchain technology, has secured $3M (nearly €2.58M) in a pre-seed funding round. The investment was led by Project ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/11/2025 10:58 EDT

US-based Rumble, backed by Tether, proposes $1.17B acquisition of German AI cloud company Northern Data

Rumble announces its intention for a share swap with this company backed by Tether, which could potentially reshape AI cloud ambitions.  US-based Rumble, a video platform and cloud services provider, announced that it is interested in a potential exchange offer with Northern Data, a provider of AI and High-Performance Computing solutions. If the deal happens, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/11/2025 09:16 EDT

London-based Smart Communications acquires Pendula to accelerate cross-channel conversations

This London-based technology company, focused on helping highly-regulated organisations engage in more meaningful customer conversations, made a significant acquisition.  London-based Smart Communications, a company focused on helping highly-regulated organisations engage in more meaningful customer conversations, announced its acquisition of Pendula, a provider of intelligent orchestration and digital delivery technology. Founded in 2017, Pendula’s customer engagement ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/11/2025 07:05 EDT

Dutch-based aizy secures €1.5M to advance AI marketing software for SMEs

aizy, founded in 2024 in Breda by Stefan Nuijten, develops AI-based marketing software that automates and optimises online campaigns for SMEs across Google, Facebook, and Instagram. Dutch AI marketing software company aizy has secured €1.5M in growth capital from investors including Gijs Nagel, founder of trading platform DEGIRO, and Joost van der Klooster. Founded in ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/11/2025 05:53 EDT

US-based HOPCo acquires Amsterdam’s Caro Health to advance AI-driven patient care

A US-based firm specialised in improving care for musculoskeletal (MSK) conditions announced the acquisition of this Amsterdam-based AI-powered digital health company. Phoenix, US-based Healthcare Outcomes Performance Company (HOPCo), a company specialised in comprehensive musculoskeletal care delivery, announced the acquisition of Caro Health, an AI-powered digital health company based in Amsterdam. “Our partnership with HOPCo enables ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/11/2025 05:37 EDT

Belgium’s EDGX secures €2.3M to advance AI edge computing for satellites: Know more

EDGX has raised €2.3M to develop AI edge computing technology for satellites. The company’s products enable satellites to process data directly in orbit. Ghent-based EDGX, a company that claims to be building the world’s fastest edge computer for satellites, has closed a €2.3M seed funding round. The round was co-led by Antwerp’s imec.istart future fund ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/11/2025 03:28 EDT

Stockholm-based Aira secures €150M to accelerate its mission to take Europe off gas

In a span of ten months, this Swedish company, helping thousands of homes switch to cleaner, cheaper home heating, secures another equity financing. Stockholm-based Aira, a company that offers clean energy-based heating solutions, has secured €150M in equity financing. The investment is secured from existing investors, including Altor, Kallskär1, Kinnevik, Lingotto, and Temasek.  The announcement ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/11/2025 02:44 EDT

German edtech startup paddy secures €1M to expand its language learning platform

Three 22-year-olds in Germany have secured pre-seed investment for their company developing an AI-powered tool designed to assist teachers throughout the teaching cycle. German edtech startup paddy has secured €1M in pre-seed funding led by High-Tech Gründerfonds (HTGF), just six months after launching its AI-powered platform for teachers. HTGF, one of Europe’s early-stage investors with ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/09/2025 05:24 EDT

In other news this week: Bit2Me secures €30M, Billions raises €27.2M, Bling Energy lands €15M and more

The past few weeks have been buzzing with activity in the tech world. Startups, scaleups, and established players have been busy raising fresh rounds of funding, announcing strategic partnerships, and making acquisitions to strengthen their market positions. With so much happening at once, it’s easy for important stories to slip past even the most dedicated ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/08/2025 10:34 EDT

Millog launches AI-ready test centre driving dual-use tech to boost Finnish and NATO security 

Tampere-based Millog, a provider of smart lifecycle management, logistics and maintenance services for government authorities and businesses, has officially launched a state-of-the-art test centre at the DEFINE (Defence Innovation Network Finland’s) Innovation Hub in Riihimäki, Finland. It offers companies versatile testing environments to support the development of dual-use technologies and innovations. The test centre is ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/08/2025 09:12 EDT

London-based Watergate raises €848K via crowdfunding to end the era of dumb water

London-based Watergate, a water tech company dedicated to combating water leaks and promoting conservation, has raised £735,687 (approximately €848,504) through crowdfunding from more than 400 investors. This marks the largest-ever water-tech crowdfunding campaign on Republic Europe. This funding is part of a £2M (approximately €2.3M) Pre-Series A round that is almost finished and involves several ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/08/2025 07:43 EDT

US-based Lyten to acquire Northvolt’s all remaining assets in Sweden and Germany, plans to rehire most of the previously laid-off workforce

US-based Lyten, a supermaterial applications company,  has announced a deal to buy Northvolt’s remaining assets in Sweden and Germany. The acquisition includes Northvolt Ett and Ett Expansion (SkellefteĂĄ, Sweden), Northvolt Labs (VästerĂĄs, Sweden), and Northvolt Drei (Heide, Germany). “This is a defining moment for Lyten,” states Dan Cook, Lyten CEO and Co-Founder. “Lyten’s mission is ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/08/2025 06:34 EDT

SoftBank-backed Energy Vault secures €258M to launch Asset Vault, a subsidiary to build and operate energy storage assets

Switzerland and US-based Energy Vault, a company specialised in grid-scale energy storage solutions, announced it has entered into an exclusivity agreement for a $300M (approximately €258M) preferred equity investment. This funding will help launch Asset Vault, a new subsidiary dedicated to developing, building, owning, and operating energy storage projects. Meet Asset Vault Asset Vault will ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/08/2025 06:15 EDT

Latvian biotech Cellbox Labs raises €3.3M to develop lab-grown mini organs for safer, faster drug testing

Riga-based Cellbox Labs, a company developing organs on a chip that are miniature organ replicas outside the human body, has secured €3.3M in non-dilutive funding to accelerate the development of its technology. The funding roadmap follows recent regulatory changes, including the FDA’s plan to end animal testing requirements for certain drugs and the NIH’s mandate ... Read more Read more ›

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13.08.2025 13:45
Last update: 13:40 EDT.
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