In this fast-paced world of technology, startups, and scale-ups, covering every single story can be challenging.
We at Silicon Canals strive to provide our audience with the up-to-date news possible, uncovering the latest funding rounds, acquisitions, and innovative developments in the tech industry.
However, we do miss out on the news sometimes.
In this article, we have compiled a list of news we missed this week.
Do give it a read!
UNIIQ invests €2.1M in six South Holland startups
UNIIQ, the proof-of-concept investment fund of South Holland, has announced six investments in promising startups, totaling €2.1M. This was announced by Meindert Stolk, deputy for Economy and Innovation of the Province of South Holland.
The startups include — AVIGI Therapeutics (€350,000), Leven Vision (€350,000), 1NA (€350,000), ChatLicense (€350,000), Fiducial (€350,000) and SeaHiker (€350,000). (Read more)
Redstone launches €60M fund to focus in the Alpine region
Redstone, a prominent European venture capital firm, has announced the launch of a new €60M fund to focus on the growth potential of the Alpine region.
The VC is partnering with Euregio Plus SGR, a local asset manager based in Bolzano, as well as influential entrepreneurs, including Erich Falkensteiner and Harald Oberrauch. Together, they aim to direct €60 million toward early-stage startups in the Alpine region.
The VC has built SOFIA, an analytics platform that provides data-driven insights to inform investment decisions. As part of this effort, Redstone co-led a €5M seed financing round for Covision. (Read more)
Fairmat secures €51.5M funding
Fairmat is dedicated to creating a closed-loop ecosystem that ensures valuable materials are kept out of landfills and incorporated into product design. The company employs proprietary recycling technology to transform CFRP (carbon fiber reinforced polymer) waste into a high-performance advanced recycled material.
Recently, the company raised €51.5M in Series B funding led by impact fund Slate Venture Capital, Bpifrance Large Venture with participation from new and existing investors including Singular, Temasek, Pictet Group, CNP, and the European Investment Bank (EIB). (Read more)
WeeFin closes Series B round at €25M
Paris-based WeeFin is a SaaS platform that enables financial institutions to easily scale their sustainability strategies.
By providing a centralised source of sustainable data and streamlining collaboration, it helps these institutions develop strong, forward-thinking sustainability strategies that create real impact. Recently, the company closed its Series B funding round totalling €25M. (Read more)
Fairly Made secures €15M funding
Paris-based Fairly Made provides a turnkey solution to help fashion brands transition to more sustainable production. The company has developed a 360° SaaS platform that enhances supply chain visibility and supports brands in meeting industry demands for transparency.
Recently, the company raised €15M led by BNP Paribas Solar Impulse Venture Fund, GET Fund, ETF Partners, and Frenchfounders. (Read more)
Blubrake raises €12M funding
Based out of Milan, Blubrake specialises in Anti-lock Braking Systems (ABS) for e-bikes and light electric vehicles. The company raised €12M co-led by Algebris Climatech, Algebris Investments’ first venture capital fund, Fundracer BV, and Tri-Star group (Read more)
Caldera gets €12M from GEA
Based out of Hampshire, Caldera has developed a novel electric Storage Boiler that converts renewable electricity into clean, on-demand heat for industrial applications. This enables industrial users—such as brewers, distillers, food processors, and pharmaceutical manufacturers—to replace fossil-fuel boilers with a cost-effective, low-carbon alternative. Recently, the company has secured €12M in funding from GEA. (Read more)
Lumai secures over €9M investment
Lumai, a company that emerged from research at the University of Oxford, focuses on developing a scalable computing solution for artificial intelligence.
The company utilises optical technology to tackle scalability challenges in optical computing, exceeding the limitations of traditional silicon-based GPUs and other photonic technologies. Recently, the company raised over $10M, led by VC investor Constructor Capital.
It was also supported by existing investor IP Group, alongside new investors PhotonVentures, Journey Ventures, LIFTT, Qubits Ventures, State Farm Ventures, and TIS Inc. (Read more)
voize raises €8M funding from Y Combinator and others
Based out of Berlin, voize offers AI-powered speech recognition that makes even extensive documentation simple and quick. It is primarily used in care and healthcare, as well as in vehicle inspections.
Recently, the company raised has closed a seed funding round of $9M led by HV Capital, which was joined by existing investors Y Combinator, redalpine, and HPI Ventures. voize has developed a proprietary AI for speech recognition and documentation that can be adapted to various industries and integrated into existing systems. (Read more)
ETH spin-off Manukai scores $3M funding
Manukai is at the forefront of AI-driven automation for CNC programming, helping manufacturers simplify the machining of precise metal parts.
Using new, patent-pending machine learning techniques, Manukai cuts down programming time, improves machining strategies, and helps tackle the industry’s skill shortage.
Recently, ETH spin-off Manukai raised $3M in an oversubscribed pre-seed funding round. (Read more)
All Gravy raises €2.6M funding
Based out of Copenhagen, All Gravy is an all-in-one employee app that helps retailers & restaurants streamline communications, operations, and learning. Recently, the company raised $2.9M in a seed round co-led by Scale Capital and Moonfire Ventures, with participation from other prominent investors, including Nordic Makers’ Alexander Aghassipour (co-founder of Zendesk), Jeppe Rindom (co-founder of Pleo) and Fredrik Hjelm (co-founder of Voi).
Albania’s Patoko secures investment from Kevin Sekniqi’s K4S6 Fund
Patoko is Albania’s first super app focusing on urban mobility and service accessibility. It provides on-demand rides, home services, and beauty appointments all in one mobile platform.
Recently, Kevin Sekniqi, the Albanian-American entrepreneur and co-founder of Ava Labs, made his first investment through the K4S6 fund, acquiring equity in Patoko – The Everything App.
EIT Urban Mobility appoints Marc Rozendal as new CEO
EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT) announced the appointment of Marc Rozendal as its new Chief Executive Officer, effective 1 April 2025.
Rozendal brings extensive experience in the mobility and transport sectors, having held senior leadership roles in corporate and startup environments in the Netherlands and the UK. (Read more)
Teylor acquires the factoring division of grenke AG
Based out of Zurich, Teylor aims to make capital accessible for small and medium-sized enterprises by offering fast, digital, and bank-independent financing solutions.
The platform combines cutting-edge technology with private debt capital to make the lending process simpler, more efficient, and more accessible. Recently, the company announced the acquisition of grenke AG’s entire factoring division. (Read more)
Peliqan gets €2M in funding
Based out of Ghent, Peliqan is an AI-first platform that supports users in every step of the data-activation process. It includes extracting data (ETL), centralising the data in a built-in data warehouse, cleaning & combining the data, consuming the data in any BI tool or AI chatbot, and sending data back into business applications (Reverse ETL).
Recently, the company raised €2M in a seed funding round led by welovefounders, with the participation of Torus Capital and a range of business angels from leading B2B SaaS companies such as Odoo’s CFO, Alessandro Mazzocchetti. (Read more)
33N secures additional funding from EIF and others
33N is a European venture capital fund (EuVECA) specialising in cybersecurity and information technologies, registered with the Spanish National Securities Market Commission (CNMV).
Recently, the company secured additional investment from the European Investment Fund (EIF), a part of the European Investment Bank Group, the Luxembourg Future Fund (LFF2), and Criteria Venture Tech.
Today acquires DOCKR
Today, a global micromobility company, announced that it has acquired DOCKR, the Dutch specialist in cargo bike subscriptions. As part of the deal, Pon Holdings – known for brands like Gazelle, Swapfiets, and Volkswagen in the Netherlands, is now a shareholder in Today. (Read more)
Nettle AI secures funding to simplify commercial insurance
Nettle is an AI-driven platform that simplifies commercial insurance by streamlining risk assessment. It combines remote risk identification, custom inspection guides, and instant report generation, reducing a week-long process to just one click. Recently, the company raised £1.45M in pre-seed funding led by Project A, alongside top angel investors from major insurers, startups, and insurance & AI leaders.
Tremau scores €3M funding to make the internet safer
Based out of Paris, Tremau aims to make the internet safer with cutting-edge Trust & Safety solutions for online platforms. The company has built Nima, an end-to-end content moderation platform to streamline, scale, and personalise T&S workflows through AI. Recently, the company raised €3M in funding backed by Auriga Cyber Ventures and G+D Ventures. (Read more)
Bloom Biorenewables secures funding to upgrade biomass
Based out of Marly, Switzerland, Bloom Biorenewables is transforming biomass upgrading with its innovative Aldehyde-Assisted Fractionation (AAF) process, developed at EPFL’s Laboratory of Sustainable and Catalytic Processing. This technology efficiently separates cellulose while stabilising lignin polymers and hemicellulose-derived sugars, enabling the complete valorization of these materials for the first time. Recently, the company raised CHF 13 M in a Series A funding round led by Anaïs Ventures and Valquest Partners. (Read more)
Beagle raises €5M funding
Hamburg-based Beagle operates self-developed long-range inspection drones and a charging station network. Recently, the company raised €5M in a seed funding round co-led by AENU (via partner Fabian Heilemann) and PT1 (via partner Nikolas Samios). (Read more)
Zepta secures seven-figure investment
Zepta specialises in digital pest control. The company provides a retrofit solution for existing bait stations, the BaitChecker. This gives professionals real-time insights into bait consumption, rodent activity patterns, and environmental conditions. Recently, the company secured a seven-figure sum from investors, including TGFS Technologiegründerfonds Sachsen, GIMIC Ventures, bm-t from Thuringia, and Chemovator, BASF’s incubator program. (Read more)
Next Generation Robotics secures €4.5M funding
Based out of San Giuliano Terme, Pisa, Italy, Next Generation Robotics (NGR) specialises in the field of collaborative robotics and advanced robotic systems focused on critical infrastructure applications.
Their flagship product, ARGO (Autonomous Robotic Inspection of Rolling Stocks), is designed to streamline the inspection of underbody components of trains without requiring specialized tracks.
By allowing for remote and automated inspections of train wagons, ARGO revolutionizes the inspection process, enhancing efficiency while eliminating the need for inspection pits. Recently, the company raised €4.5M in a Series A funding round from CDP Venture Capital SGR and others. (Read more)
Collecto raises €2.8M in funding
Based out of Milan, Collecto is a platform designed to facilitate luxury collecting by dividing exclusive assets into individually purchasable shares. The company focuses on modern and contemporary art, luxury watches, and investment-grade wines. Each ownership share is represented by a blockchain-registered token, which ensures security and transparency in transactions. Recently, the company raised €2.8M in funding. (Read more)