Aims to provide commission-free energy - Silicon Canals
London-based Tesseract, a new energy company from Revolut alumni, announced on Wednesday that it has raised $78M (approximately €78.7M) in a fresh round of funding led by Balderton Capital and Lakestar, with an aim to fix the broken energy sector.. The round also saw participation from Accel, Creandum, Lowercarbon Capital, Ribbit and BoxGroup, along with strategic angel investors such as Tom ...
OpenAI-backed humanoid robotics firm 1X raises €91.1M to …
Oslo-based 1X Technologies, an AI and robotics company producing androids capable of human-like movements and behaviours, announced that it has secured $100M (approximately €91.14M) in a Series B round of funding.. In March 2023, 1X raised $23.5M in a Series A2 round of funding. The company, backed by OpenAI and Tiger Global, has now raised over $125M in under a year after its Series A funding.
Helsinki-based DataCrunch bags €12M - Silicon Canals
Helsinki-based DataCrunch, a provider of AI computing infrastructure, announced on Monday that it has raised $13M (approx €12M) in a seed funding round led by byFounders.. Other participants in the round include J12 Ventures, and several prominent angels, including Oskari Saarenmaa (founder of Aiven), Tuomo Riekki (founder of Smartly), former …
What to expect from the Amsterdam startup ecosystem in 2024
Amsterdam, the Dutch capital, continues to remain the third major startup ecosystem in Europe, despite a difficult funding environment last year.
Engie to liquidate Amsterdam’s EVBox - Silicon Canals
Engie has confirmed to Silicon Canals that the French energy company plans to liquidate the entire EVBox group. The French company announced the acquisition of Amsterdam’s EV Box in 2017 to accelerate ENGIE’s strategy as an energy revolution pioneer.. The announcement comes a few months after the company’s electric vehicle charging station business lost €22M in …
Copenhagen Atomics secures €20M to advance thorium nuclear …
Copenhagen Atomics, a Danish company developing mass-manufacturable molten salt reactors (MSR), announced that it has raised €20M in a fresh round of funding to accelerate the development of thorium molten salt reactors.. Thomas Jam Pedersen, co-founder of Copenhagen Atomics, says, “This funding will accelerate our technology development and support our roadmap towards commercial reactors ...
9 promising sustainable startups from Amsterdam to watch in 2021
Image credits: Fairphone Fairphone. Founders: Bas van Abel, Miguel Ballester. Fairphone produces the most sustainable and fairest phones, which means the company makes sure that the raw materials in the smartphone do not come from conflict areas.. The company aims to make a positive impact across the value chain in mining, design, manufacturing, and life cycle while expanding the market for ...
The latest European technology news about Amsterdam - Silicon …
Amsterdam. Get the latest updates on Amsterdam's vibrant technology startup ecosystem. Discover insights on local economic trends, promising innovative startups & scale-ups, official reports, and key events shaping the city's future.
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London-based Pivot secures €80M+ funding commitment: Know …
Vigneshwar Ravichandran. Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena.