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Silicon Canals was founded in 2014 by Remco Janssen (editor in chief) and Arjan Drost (deputy editor in chief, CTO). Silicon Canals is a blog about technology, entrepreneurship, innovation and the startup ecosystem in the Benelux (#NLTech & #BeTech). We publish and curate news and views on our blog siliconcanals.nl and via our newsletter siliconcanals.curated.co.
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In other news this week! This week (Dec 9-13), the tech world buzzed with activity, especially in energy and biotech. Here's a quick roundup of key stories you might have missed! https://lnkd.in/dtEz9Txj HEMAV secures €8M funding AgriRobot secures undisclosed funding DeepLife gets funding from YZR, Turenne Groupe, and others ERS - Ecosystem Restoration Standard secures €5M embotech secures €25.7M funding Bpacks completes €1M deal Refute bags £2.3M funding Embeddable bags €6M Mynt secures €1.5M from Incore Invest Uplift360 secures €1M in a pre-seed funding round Saventic Health secures funding to identify common rare diseases ARTEM Technologie AG secures €1.5M in Seed funding Happybase bags €650K SNIPR Biome - A CRISPR Company receives €20M from EIB Dealfront secures €30M from AshGrove Capital Vetnio secures €1M from YZR Capital and Peak Partful raises £5M funding to help manufacturers with aftersale Bitstack secures €5M funding Uptale - XR Spatial Learning secures €9M funding ARC Intelligence raises €1M in pre-seed funding Lyfegen bags funding for its rebate management software Themis secures funding to combat financial crime wefox to sell its insurance arm ION-X secures €13M funding BeePlanet Factory secures €5M funding Nscale secures $155M funding goodcarbon secures €1M funding Main Capital Partners acquires Dutch talent management player TMA Dcycle secures €6M
Warsaw-based PFR Ventures, Poland’s largest institutional investor, has invested nearly €63M in 5 new venture capital funds, increasing their total capitalisation to nearly €94M. PFR Ventures is a public fund-of-funds manager that partners with private investors, business angels, and corporations to invest in VC and private equity funds. It aims to support innovative Polish companies at all development stages. Read more about it here: https://lnkd.in/gpURacwN 4growth VC , Aegis Capital, iif.vc, Kogito Ventures, Lowercap, Maciej Cwikiewicz
Blending traditional football with the street football culture! London-based Baller League, a six-a-side football league, has raised $25M (nearly €23.87M) in a Series A funding round led by EQT Ventures. The company recently announced its expansion to the US and UK, with global stars KSI and IShowSpeed leading the leagues. Read more about it here: https://lnkd.in/grGz58MN Ashley Lundström
Leiden-based ProQR Therapeutics, a biotech company specialising in RNA therapies, has secured $8.1M (nearly €7.74M) in additional funding from the Rett Syndrome Research Trust. This expands their collaboration to a total of $9.1M, following an initial $1M grant in January 2024. Read more about the deal here: https://lnkd.in/gwUFzCwN Monica Coenraads, Daniel de Boer
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The European robotics sector is thriving, with the humanoid robot market expected to hit $38B by 2035. Labour shortages in countries like Germany, the Netherlands, and Norway are fueling demand for robotic solutions. Here are the companies to watch in 2025 leading this innovation. https://lnkd.in/g-vEPGEJ
Zurich-based ANYbotics, an AI-driven robotic inspection solutions provider, has raised an additional $60M (€57.15M), bringing its total funding to over $130M (€123.82M). The Swiss company provides AI-driven robotic inspection solutions, addressing challenges in safety, efficiency, and sustainability across industries like energy, power, metals, mining, and chemicals. Read more about the deal here: https://lnkd.in/gxvhwVUR Fredrik Isler, Péter Fankhauser, Qualcomm Ventures, Supernova Invest, TDK Ventures, Walden Catalyst Ventures, NGP Capital, Bessemer Venture Partners, Swisscanto, Swisscom Ventures, Michel Glezer
Zalando, a Berlin-based pan-European ecosystem for fashion and lifestyle e-commerce, plans to submit a voluntary public tender offer to acquire up to 100% of ABOUT YOU’s share capital, valued at €1.1B. Read more about the deal here: https://lnkd.in/gU-9gE2k Tarek Müller, Robert Gentz
Delft-based Perciv AI, a deep tech startup specialised in AI for radar perception, has secured €2.5M in a seed funding round. Read more about the deal here: https://lnkd.in/gDSpVZVb Balazs Szekeres, Andras Palffy, Srimannarayana Baratam, Dayone Capital, Keen Venture Partners, Vinci Venture Capital, Csaba Kakosy, Aylin Girgin Özbiliş