British unicorn Zilch turns profitable - Silicon Canals
WEBVigneshwar Ravichandran. London-based Zilch, an ad-subsidised payments network (ASPN), on Tuesday, announced its first month of operating profit while surpassing a revenue run rate of more than $130M (approximately €117M) in July 2024. Philip Belamant, CEO and co-founder of Zilch says, “This milestone fundamentally changes the game for us.
German healthtech startup Lucid Genomics secures €1.3M - Silicon …
WEBBerlin-based Lucid Genomics, a healthtech startup, has secured €1.3M in a pre-seed round of funding led by Caesar Ventures, with additional contributions from BIF Partners, Another.vc, and the MPF Accelerator Program. Lucid Genomics’ platform provides AI-powered solutions that turn all genetic data into insights for faster drug discovery.
Meet the top 10 Venture Capitalists in the Netherlands, according …
WEBNewion. HQ: Amsterdam, the Netherlands. Newion is a venture capital firm focused on early-stage investments in European B2B software companies with a global ambition. The company has invested in 70+ companies to date, among which are Collibra, Reasult, Nallian, Foleon, CustomerGauge, L1NDA, Swipeguide, and more.
Finnish startup Infinited Fiber Company secures €27M to make …
WEBMar 11, 2024 · Infinited Fiber Company: Solving biggest challenges in the textile industry. Founded by Petri Alava, Infinited Fiber Company was established to address some of the significant challenges faced by the textile industry. According to the Finnish company, the industry is burdened with excessive waste production, limited natural resources, and the growing demand for sustainable options.
UK-based Material Evolution secures €3M to create ... - Silicon …
WEBNov 22, 2021 · Material Evolution, a Middlesbrough-based company that applies machine learning to the construction industry for the formulation of smart and sustainable concrete, announced that it has raised $3.4M (approx €3M) in its Seed round of funding.. The company’s total funding includes $1.7M (approx €1.5M) in Seed investment and $1.7M (approx €1.5M) in grant funding.
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WEBSilicon Canals is a leading English language technology media source for Benelux and across Europe. Covering news, knowledge, and insights from the European technology and startup ecosystem; providing a growing number of startup CEOs, technology scale-up founders, angel investors, venture capitalists, innovation managers, and other interested parties from the startup community with ...
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Born in traffic: How Trunkrs is making same day delivery …
WEBNov 8, 2022 · E-commerce has not only changed our shopping behaviour but also accustomed us to the idea of same day and next day delivery. As people around the world warm up to the idea of climate change, they are also realising the true cost of this obsession with same day and next day delivery.
London-based video-generative AI platform Haiper bags €12.6M …
WEBVigneshwar 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.