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28.07.2025 − 03.08.2025
Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 07/29/2025 04:50 EDT

Bavarian parliament pushes to unlock foundation capital for startups and VC funds in landmark resolution: Learn more

The Bavarian State Parliament has introduced a resolution aimed at accelerating innovation and entrepreneurship by mobilising foundation capital for startup investments. The proposal urges the state government to assess and revise investment regulations, specifically allowing state-affiliated foundations to invest up to 5 per cent of their capital in venture capital funds and fund-of-funds. “A major ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 1 place · today 06:58 EDT

With TechCrunch vets at the helm, Resilience Media raises Seed funding to shape the narrative of NATO’s defence tech ecosystem

London-based Resilience Media, a media platform focused on NATO’s defence tech sector, has raised seed funding from a group of investors based in the Netherlands, the UK, the US, Germany, Israel, and Poland. The company also announced a team of former TechCrunch journalists joining its editorial line-up. Founded by Leslie Hitchcock and Dr Tobias Stone, ... Read more Read more ›

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05.08.2025 ♓︎ Dear Pisces, today promises to be filled with vibrant events and new impressions. In the... Read more ›
Silicon Canals
Vishal Singh @ Silicon Canals 2 place · today 04:31 EDT

Barcelona Supercomputing Centre spinout Qbeast raises €6.5M in Seed funding

Qbeast, a spin-off of the Barcelona Supercomputing Centre, created to solve the toughest trade-offs in lakehouse technology, has secured $7.6M (nearly €6.57M) in seed funding to enhance its data optimisation platform. The funding round was led by Peak XV’s Surge (formerly Sequoia Capital India), with additional participation from HWK Tech Investment and Elaia Partners. Qbeast ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · today 05:06 EDT

Airwallex soars in the land of windmills: Dutch revenue up 199% in Q2 2025 YoY

San Francisco-based Airwallex, a payments and financial platform for modern businesses, announced that it has witnessed exponential growth in the Netherlands (NL), in the last year. In Q2 2025, its revenue increased by 199 per cent compared to the same period in 2024. Additionally, the company has tripled its customer base in the same period. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 06:06 EDT

Munich-based Tanso Technologies secures €12M to help industrial companies tackle sustainability compliance

Munich-based Tanso Technologies, a software company that offers a climate intelligence suite to industrial companies, has raised €12M in a Series A round of funding. The round was led by international venture capital firms henQ and Fortino Capital, with participation from existing investors Capnamic and UVC Partners The German company plans to use the capital ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · today 02:30 EDT

France-based EssilorLuxottica acquires Belgium’s Automation & Robotics: Know more

Paris-based EssilorLuxottica, a company that designs, manufactures and distributes ophthalmic lenses, frames and sunglasses, has acquired Automation & Robotics (A&R), a designer and manufacturer of automated systems for optical lens quality control. A&R serves both mass production facilities and prescription laboratories. Aim of the acquisition Founded in 1983 and based in Belgium, A&R provides technologies used ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/04/2025 10:34 EDT

Luxembourg’s Banking Circle finalises acquisition of ASL: Know more

Luxembourg-based Banking Circle, a technology-led payments bank, has completed its acquisition of Australian Settlements Limited (ASL), a licensed Authorised Deposit Taking Institution (ADI) in Australia. The agreement was signed in December 2024.  The acquisition brings together ASL’s ADI licence and domestic banking, payments, and settlement operations with Banking Circle’s cross-border payments and infrastructure network. The ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 03:31 EDT

US AI startup AIxBlock secures EU backing: €1.5M grant awarded, €61.5M pre-approved for European expansion

Delaware, US-based AIxBlock, a decentralised AI tech startup, has secured a €1.5M innovation grant from the European Union, along with up to €61.5M in two additional grants that have been pre-approved to support its long-term expansion across Europe. The US company’s €1.5M secured grant comes with zero dilution, with onboarding (KYC) underway prior to fund ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · today 09:08 EDT

Vienna’s RUBICON acquires Gentics to build an end-to-end platform to digitise eGovernment processes

Vienna-based RUBICON, a provider of eGovernment software solutions, has acquired Gentics Software, an Austrian company specialised in enterprise content management systems (CMS). The acquisition, supported by growth financier Pride Capital Partners, signifies an important step in RUBICON’s strategy to create a fully integrated platform for end-to-end digitisation of public administration. Founded by Lars van ‘t ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/04/2025 10:08 EDT

Edinburgh-based Approov raises €5.7M to boost mobile app and API security

Edinburgh-based Approov, a company specialised in mobile app and API security, has raised £5M (approximately €5.7M) in a Series A funding round led by the Investment Fund for Scotland managed by Maven Capital Partners.  Operated by the British Business Bank, the Investment Fund for Scotland (IFS) provides a mix of debt and equity funding. IFS ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/04/2025 07:33 EDT

Amsterdam BUX launches Europe’s first self-directed active ETF portfolios with J.P. Morgan

Amsterdam-based BUX, a neo-brokerage platform, has announced the launch of BUX Prime Investment Plans. These plans feature J.P. Morgan Asset Management’s active ETFs in pre-built multi-asset portfolios designed to make active management accessible and affordable. The announcement comes a couple of weeks after UpToMore, The Hague-based fintech company, announced the launch of an investment app ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/04/2025 07:01 EDT

Estonia’s Sunly gets €85M to build solar parks powering 180,000 homes in Latvia

Tallinn-based Sunly, a renewable energy company and an investor in renewable energy and electrification startups, has secured nearly €85M in international financing to develop solar energy projects in Latvia. The Estonia-based renewable electricity provider will receive €35.2M each from the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), and €14.4M ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/04/2025 05:30 EDT

Prague-based Resistant AI secures strategic investment from Experian to combat APP fraud

Prague-based Resistant AI, a company that protects financial services from financial crime, has secured a strategic investment from Experian, a global data and technology company. Experian is a global data and technology company that focuses on providing data-driven solutions for individuals and businesses. The company works to improve lending practices, identify and prevent fraud, simplify ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/04/2025 03:58 EDT

England’s SIS Pitches acquires Dutch-based DrainTalent and HeatTalent to boost sustainable sports surfaces

Maryport, England-based SIS Pitches, a company specialised in sports surface solutions, has acquired a majority stake in DrainTalent, a Netherlands-based business specialising in circular soil management systems, and HeatTalent, an innovative and sustainable electric undersoil heating. SIS Pitches manufactures and installs sports surface solutions, pitches, courts and track construction and maintenance services. This recent acquisition ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/04/2025 03:03 EDT

AXA to acquire Italian insurtech Prima: Know more

Paris-based AXA, a global insurance and financial services company, has announced an agreement to acquire Milan’s Prima, a direct insurance company in Italy with recorded premiums of €1.2B in 2024. Founded in 2015, Prima has gained a significant share in the retail motor insurance segment in Italy, holding around 10 per cent of the market. ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/02/2025 05:46 EDT

In other news this week: Unmind raises €30.6M, Evaro raises €23M, Xoople lands €22M, and more

The startup world hasn’t slowed down one bit. Over the past couple of weeks, there’s been a wave of fresh funding, partnerships, and acquisitions across Europe and beyond. From AI and fintech to deeptech and health, companies are raising funding, expanding globally, and teaming up to solve real-world problems. Having said that, it is important ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 08/01/2025 11:37 EDT

AI Tool of the Week: Amsterdam’s LearnWise unveils AI tool to streamline university grading and ease educator burnout

When it comes to large institutions, feedback is often too slow and inconsistent. As a result, educators spend countless hours grading long-form assessments. And here’s where Amsterdam-based LearnWise comes into play! LearnWise: AI-powered edtech platform Founded in 2023, LearnWise is led by a team of education technology experts, including Greg Marschall, Michel Visser, Pietro Vigilanza, ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/01/2025 09:07 EDT

Delft-based Arceon lands investment from GA-ASI to advance high-temperature composite tech

Delft-based Arceon, a company developing Advanced Ceramic Matrix Composites (ArCMC) to improve materials and structures, secures investment from General Atomics Aeronautical Systems Inc. (GA-ASI). The announcement comes ten months after the Blue Magic investment and innovation conference in the Netherlands last November, where GA-ASI and its partners heard pitches from innovative Dutch companies about the ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 08/01/2025 07:16 EDT

Portugal’s Reckon.ai raises €5.1M to accelerate global rollout of AI-powered smart lockers

Porto-based Reckon.ai, a SaaS startup, has raised €5.1M in a fresh funding round led by Iberis Capital.  Private equity funds Alea Capital Partners and Touro Capital Partners also participated in this round.  Founded in 2017, Iberis Capital is a Portugal-based private equity and venture capital firm with over €600M in assets under management and a ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals 3 place · 08/01/2025 07:14 EDT

UK BFR wearables startup Hytro secures €2.3M from Arsenal’s Timber Twins, NFL stars, others

London-based blood flow restriction (BFR) brand Hytro has raised approximately £2M (nearly €2.30M) in its latest funding round, backed by athlete-led investment syndicates Joyned Capital and Skin In The Game. New investors include Arsenal footballer Jurrien Timber (Arsenal FC), his twin brother Quinten Timber (Feyenoord), and NFL player Benjamin St-Juste of the LA Chargers. They ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 3 place · 08/01/2025 06:12 EDT

Cambridge Innovation Capital commits €115.3M to University of Cambridge spinouts, also launches EIR programme

Cambridge Innovation Capital (CIC), the VC firm investing in the UK’s highest-potential deep tech and life sciences companies, announced that it is committing at least £100M (approximately €115M) to invest in spinouts from the University of Cambridge.  The £100M funding is part of the launch of CIC’s Fund III, its latest £250M (approximately €280M) early-stage ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/01/2025 05:26 EDT

Madrid-based Altano Energy secures €60M to expand its renewable energy platform in Spain

Madrid-based Altano Energy, a renewables investment company, has announced that M&G Investments will invest €60M in its platform. The funding will support the expansion of Altano Energy’s operations across solar, hydro, wind, and storage sectors. The partnership aligns with Altano’s ongoing efforts to build a diversified energy model. M&G’s Infrastructure & Real Assets team, part ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 08/01/2025 04:05 EDT

Amsterdam’s Labfresh raises €1M via crowdfunding to launch smart womenswear line

Amsterdam-based Labfresh, a startup that aims to fight overconsumption by developing intelligent apparel, announced that it has reached the target amount of €1M through crowdfunding on the eyevestor platform.  The Dutch company raised a total funds from 331 investors. The company will use the funds to launch a smart womenswear collection.   According to  Kasper Brandi ... Read more Read more ›

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Silicon Canals
Guest Contributor @ Silicon Canals · 08/01/2025 02:17 EDT

Entrepreneurship in Europe: Unlocking the next 10 years of growth

In 2015, the year Oscar Pierre and I founded Glovo, the environment for entrepreneurs in Southern Europe was still quite limited. Capital access, regulatory frameworks and support networks were inconsistent, restrained within markets or simply unclear, and high-level VCs with capital were scarce. Today the landscape is certainly better, but many challenges remain that are ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 08/01/2025 02:11 EDT

KKR backs Lisbon’s Greenvolt with €150M capital boost to accelerate battery storage push

Lisbon-based Greenvolt Group, a company that operates in the renewable energies market, announces €150M through a share capital increase. Shareholder KKR will subscribe to the full amount. The transaction follows the investment plan set during KKR’s acquisition of Greenvolt and is intended to support the Group’s ability to invest across its operating regions, with a ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/31/2025 11:10 EDT

What’s in a Name: Why this German green energy startup named itself after the first woman to win the Nobel Prize in economics

Despite the global push for sustainability, household energy systems remain outdated and difficult to manage. Consumers often face unpredictable pricing and limited insight into their energy usage. Here’s where Ostrom addresses this gap by delivering transparent, flexible, and technology-driven green energy solutions for modern households. Ostrom: Digital green energy provider Based out of Berlin, Ostrom ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/31/2025 09:03 EDT

Monaco Hydrogen Alliance and MobilityVC launch MH2Fund to accelerate Europe’s hydrogen ecosystem

The Monaco Hydrogen Alliance, a nonprofit organisation based in the Principality of Monaco, in collaboration with MobilityVC, announced the formation of MH2Fund, a new venture dedicated to backing early-stage companies advancing the hydrogen economy. The MH2Fund aims to support hydrogen technologies that can help reduce carbon emissions in transportation, industry, and logistics. By combining strong ... Read more Read more ›

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Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/31/2025 08:52 EDT

Google and Microsoft embrace EU’s AI Code of Practice; Meta calls it ‘overreach’ and refuses to sign

Google, on Wednesday, announced its intentions to adhere to the European Union’s General-Purpose AI Code of Practice. The EU’s AI Code aims to create safety guidelines that are both flexible and strong, helping Europe make the most of AI technology. In a blog post, Kent Walker, Google’s president of global affairs, says, “We will join ... Read more Read more ›

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Silicon Canals
Vishal Singh @ Silicon Canals · 07/31/2025 06:27 EDT

Oxford-based Ultromics lands €48M to advance AI tools for early heart disease diagnosis

Oxford-based Ultromics, a company that claims to be a pioneer in AI-driven cardiology diagnostics solutions, has secured $55M (nearly €48M) in a Series C funding round.  The round was co-led by L&G, Allegis Capital, and Lightrock. Existing backers, including Oxford Science Enterprises, GV, Blue Venture Fund, and Oxford University, also participated.  The University of Chicago ... Read more Read more ›

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05.08.2025 10:28
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