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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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Amsterdam, Noord-Holland, NL
In other news this week! In a world where innovations emerge daily, it’s easy to miss impactful updates that shape our future. As the week wraps up (Dec 16–20), take a moment to catch up on key stories you might have missed. https://lnkd.in/gwcWR78f AONIC receives €152M funding Cassava Technologies secures €86.2M Akamis Bio gets €57.2M funding Keepit secures €48M funding Nuitée | Enabling all companies to build travel solutions secures €45M Lens secures €30M funding bit.bio secures €29M funding Everfield acquires ondeso tiun. secures $2.5M in pre-seed funding Lightbringer brings €4.2M funds Orqa secures €5.8M funding Corsmed secures funding to advance MRI software technology Fluid Wire Robotics secures €1.2M Cafler raises €3M for vehicle management Ray Browser bags funding for high-end, web-based gaming Visma Net Financials merges with Peple Little John secures €1.1M funding Engineered Arts restructured as a U.S. entity Loader secures €3.8M funding BVNK secures €48M funding Yeastup secures funding Hive Power secures €3.5M funding BetaGlue Therapeutics secures €6M investment from ENEA-Tech Bikmo secures funding from Puma Growth Partners Drifter secures funding for parking management Comand AI secures €8.5M funding Concinnity Genetics gets €3.6M funding ACUA Ocean secures capital Askel.ai raises €380K in pre-seed funding El-Monde secures pre-seed funding SmiLe company Dx4Life secures funding for IVF treatments Mindgard secures funding to secure organisations’ AI system Robin Capital closes first fund at €15M
Hamburg-based 1KOMMA5°, an energy solutions provider focused on solar power, energy storage, and e-mobility solutions, has secured €150M in a pre-IPO funding round. “The new funding will enable us to execute our mission and serve millions of homeowners to switch from fossil fuels towards cheaper and cleaner energy,” says Philipp Schröder, CEO and co-founder of 1KOMMA5°. Read more here: https://lnkd.in/gbWDJyna Barbara Wittenberg, Jannik Schall
Delft-based GEHECO, a company that aims to enable carbon-neutral heating in buildings, has secured €350,000 in funding from UNIIQ - Finance for the Future. The Dutch company aims to drive sustainability and technological innovation by providing eco-friendly heating solutions. Read more about it here: https://lnkd.in/gU87Mj-2 Arjen van der Horst, Onno Bierhoff, Jasper Geselschap
Eindhoven-based NXP Semiconductors, a provider of automotive processing and networking solutions, has entered into a definitive agreement to acquire Aviva Links Inc., a company specialising in Automotive SerDes Alliance (ASA)-compliant in-vehicle connectivity solutions. The all-cash deal is valued at $242.5M (€233.13M) and is expected to close in the first half of 2025. Read more about it here: https://lnkd.in/gy5VMfEw Kurt Sievers
Finland-based ŌURA, a company behind Oura Ring, has secured $200M (€192M) in Series D funding at a valuation of over $5.2B (€5B). Additionally, the Finnish company partnered with Dexcom to help people improve their metabolic health. Read more about the deal here: https://lnkd.in/grnZ2ATG Kari Kivelä, Petteri Lahtela, Fidelity Management And Research Company, Tom Hale
Netherlands-based VC firm Capital Mills has announced the promotion of Barry de Kock and René Delsing to partner. Read more here: https://lnkd.in/g_ny3EMP Gijs den Hartog, Erwin van der Veen
Eindhoven-based shipping platform Sendcloud has acquired Rotterdam’s Lox, a specialist in delivery issue management. This strategic move aims to strengthen Sendcloud’s capabilities in tackling global shipping challenges, focusing on reducing the complexities and costs of delivery issues. Read more about the deal here: https://lnkd.in/g7qHfrsK Rob van den Heuvel, Dylan Hirsch
Finland-based ICEYE, a microsatellite manufacturer and operator, has secured $65M (€62M) in extension to the existing growth round. The financing consists of a mix of debt and equity instruments. The announcement comes eight months after the company raised $93M (approximately €87M) in funding in April. Read more here: https://lnkd.in/g84HYRbX Pekka Laurila, Rafal Modrzewski, Solidium Oy, BlackRock, Susan Repo
From healthcare breakthroughs to logistics optimisation, Dutch quantum startups are solving problems traditional computers can’t tackle. With €273M from Quantum Delta NL and the expansion of House of Quantum, the future is bright for quantum innovation. Check out some of the Dutch quantum startups that have recently raised funding and are currently hiring: https://lnkd.in/gi2VV5xW Qblox (Niels Bultink, Jules van Oven), Orange Quantum Systems (Adriaan Rol, Kelvin Loh, Garrelt Alberts, Amber Van Hauwermeiren, Thorsten Last), Q*BIRD (Ingrid Romijn), Groove Quantum (Anne-Marije Zwerver), QphoX (Simon Groeblacher)