Amid numerous funding rounds, acquisitions, and innovation announcements, it’s easy to overlook some of the quieter, yet equally important stories that made waves this week. To help you stay in the loop, we at Silicon Canals have rounded up a list of news that we missed as part of our “In Other News This Week” segment.
Do give it a read
AMPECO raises €24.5M funding led by Revaia
Based out of Sofia, AMPECO is a software company that offers a white-label and hardware-agnostic EV charging management platform bundled with white-label EV driver apps. The company raised $26M (approximately €24.5M) in Series B funding, led by Revaia, with continued support from existing investors Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. (Read more)
Sulmara secures €17.8M funding for its survey and inspection services
Glasgow-based Sulmara is an independent provider of survey and inspection services to the offshore wind and energy markets. The company secured $18.9M (approximately €17.8M) in funding from BGF, a growth capital investor in the UK and Ireland.
The company will use the funds to support its continued growth trajectory, including further investment in new technologies such as uncrewed surface vessels (USVs), autonomous underwater vehicles (AUVs), next-generation geophysical sensors, and advanced data products. (Read more)
Biolevate secures €6M funding
Biolevate is a company that uses AI to help new therapies reach the market faster. The company’s proprietary AI driven-platform ELISE is designed to support medical writers by optimising the creation and management of research and compliance documents, leveraging Natural Language Processing (NLP) and Computer Vision and Graph Neural Networks (GNN). The company raised €6M in a seed funding round led by EQT Ventures, with participation from bpifrance and prominent angel investors. (Read more)
Reefilla secures €4.5M to make energy transition easy
Torino, Italy-based Reefilla aims to make the energy transition easy through its mobile energy storage solutions that use second-life batteries. The company’s product — Fillee is a mobile energy storage device that recharges electric cars and powers electric tools without emissions or noise. It stores clean energy from the grid or solar panels, providing accessible power anywhere, thanks to its compact and portable design. The company secured €4.5M in funding from CDP Venture Capital SGR (Green Transition Fund – PNRR), HCapital Partners, Azimut Libera Impresa via the ALIcrowd III fund, and Motor Valley Accelerator by CDP Venture Capital & Plug and Play Tech Center. (Read more)
Kapsera secures €4.2M in funding
Kapsera is an agrifood tech company based in Bordeaux that specialises in natural microencapsulation solutions using microfluidic technology. The company’s biosolutions utilise natural active ingredients like probiotics, vitamins, and pheromones, encapsulated in alginate-based microcapsules.
These solutions help clients address environmental challenges, meet consumer demands for food quality, and comply with regulations. The company raised €4.2M in a funding round led by Banque des Territoires on behalf of the French government as part of France 2030, alongside The Yield Lab Europe and Kapsera’s historical shareholders, including Demeter Investment Managers via its Agrinnovation fund. (Read more)
Doctorflix secures €4.1M funding for its medical training
Berlin-based Doctorflix aims to change medical training through its learning platform. The company connects medical professionals and institutions globally to improve patient care. The German company raised €4.1M led by Haufe Group Ventures to drive the scaling of the learning platform and the expansion to new specialist areas and target groups such as nursing staff and assistant staff. (Read more)
darwin raises €1.5M in funding
Paris-based darwin helps ESG players easily integrate biodiversity intelligence into their products. The company’s modular platform uses AI to support complete nature strategy design for consultants and software providers. The company raised €1.5M in a funding round led by Asterion Ventures and supported by leading business angels to strengthen its tech and product team and expand platform’s reach. (Read more)
Ziknes raises €1M for its robot-based 3D printing
Valencia-based Ziknes, a company specialised in industrial robot-based 3D printing secured €1M in funding with participation from notable investment funds, including Akka, First Drop, Demium VC, Mango Startup Studio, as well as financial backing from IVF and ENISA. The company offers advanced large-format 3D printing technology, providing an integrated solution combining specialised machinery and software, all developed in-house by its team. (Read more)
OpenUp partners with Urban Sports Club
Amsterdam-based OpenUp, specialists in mental well-being, has partnered with Urban Sports Club, known for their flexible sports memberships, to help companies and employees with a balanced approach to physical and mental health. (Read more)
Biotangents raises funding to revolutionise dairy farming
Founded as a spin-off of the University of Edinburgh, Biotangents is developing next-generation molecular diagnostics for the animal health sector, specifically livestock, to further animal welfare, productivity, sustainability, and food security. The company has raised £2.3M funding led by St Andrews-based Eos Advisory, which included British Business Investments through their Regional Angels Programme, and existing investors Kelvin Capital and Scottish Enterprise. (Read more)
Assai Software Services acquires Viewport.ai
Based out of Culemborg, the Netherlands, Assai Software Services, a document management and control solutions (DMS) provider has acquired Viewport.ai, a provider of advanced search and data discrepancy solutions. This acquisition will enhance Assai’s product portfolio, enabling the company to better assist organizations in managing complex engineering projects and operations with increased flexibility, efficiency, and confidence. (Read more)
Circly secures six-figure investment
St. Pölten, Austria-based Circly is a greentech startup that specialises in the development and operation of an AI-supported planning tool for production and trade. The company has secured a six-figure investment in the form of a convertible loan from PlanRadar founders Ibrahim Imam and Sander van de Rijdt. At the same time, Sander van de Rijdt is appointed as a new member of the Board of Circly.
Miracle Design and Play secures multi-million-pound investment
Based out of Northants, England, Miracle Design and Play provide a complete solution for children’s playgrounds and outdoor gyms, covering design, installation, inspection, and maintenance. The company has secured a multi-million-pound investment from BGF the UK and Ireland’s leading growth capital investor to accelerate its mission to design and install world-class play areas for kids across the UK. (Read more)
Volter secures funding to accelerate its commercial solar projects
Based out of London, Volter creates an operating system for commercial solar projects, helping real estate owners and solar installers manage rooftop solar systems profitably. The platform simplifies billing, monitoring, reporting, and customer engagement, enabling users to boost revenue and achieve sustainability goals. The company raised $𝟯.𝟮M led by Transition, with participation from Seedcamp and Neptunia Invest. (Read more).
Recovr gets admission to Cegid Data Labs
Burssels-based Recovr simplifies the invoice management and debt recovery process for businesses. The company has recently announced its admission to the Cegid Data Labs at STATION F to launch its services in France more efficiently. (Read more)
Everyman Health secures funding for its Men health platform
Zurich-based Everyman Health science-backed end-to-end treatment options for men of all ages. The company recently raised CHF 2.4M in an oversubscribed seed round from various investors, Calm/Storm, LEAD, Joyned Capital, Dr Fiona Pathiraja-Møller (founder of Crista Galli Ventures), Pieter Zwart (founder of Coolblue), Sjoerd van Berkel (founder of FitForMe). The funding will help the company cement its position by adding new verticals and continuing to drive digital innovation for even more accessible treatments. (Read more)
PocDoc secures funding to make diagnostic testing accessible
Cambridge-based PocDoc is on a mission to make diagnostic testing for Cardio, Metabolic, and Renal disease as accessible as possible.
It is an app-based technology platform that combines proprietary, patented Microfluidic Assay (MFA) technology and cloud-based AI diagnostics to deliver end-to-end digital pathways for the assessment, diagnosis, and treatment of major diseases.
The company raised £5M from leading investors MMC Ventures, Molten VC, KHP Ventures, and Simplyhealth Ventures. (Read more)
Barton Blakeley Technologies secures funding to remove industrial CO2 emissions
Barton Blakeley Technologies is an Applied Sciences Organisation based in Harpenden, Hertfordshire in the United Kingdom.
The company has created a process that permanently removes industrial CO2 emissions and turns them into clean energy and low-cost synthetic silica. Recently, the company raised £2.4M funding led by Elbow Beach Capital to deploy its first system tothe industry.
Within the next four years, each system deployed will be permanently removing 1 kilo-tonne of carbon per year from the atmosphere, the equivalent of 200 commercial aircraft flights from London to Washington DC. (Read more)
OpenTrade secures €3.7M led by AlbionVC
Based out of London, OpenTrade allows companies that use stablecoins to earn interest on their digital dollar balances, usually between 3 per cent and 6 per cent APR. These balances are backed by high-quality assets like U.S. Treasury Bills. Recently the company raised $4M in a Seed extension round led by AlbionVC, with participation from existing investors like CMCC Global. (Read more)
Vinter secures €1.4M funding for its AI-powered recruitment platform
Vinter is an AI-powered recruitment platform that enables organisations to streamline recruitment with its advanced software solution, enabling the quick identification of quality candidates while reducing costs. The platform emphasises inclusivity, offering tools for a personalised, bias-free interview process that evaluates candidates through questionnaires, tasks, and videos. Recently, the company secured €1.4M in funding from Netherlands-based ALCORA. The funding will make recruitment processes faster, more transparent, and more efficient. (Read more)
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