These are 8 most funded private B2B software companies in the Netherlands

The adoption of technology across industries is booming than ever before. Eventually, we are witnessing more and more investments flowing into the B2B tech software startups in order to solve the accountability, productivity, and management issues faced by enterprises all over the world. Talking about the B2B software startups, the Netherlands is home to numerous such startups, thanks to its policies that ensure improved quality of life and ultra-progressiveness.

Most funded B2B software in the Netherlands

A report titled ‘Dutch State of SaaS Q1 2020’ by Knight VC lists the most funded private B2B software startups. The report notes that 33% of the Dutch B2B software companies have secured investments. And, 35% of these companies are based out of Amsterdam. Here, we list the top 8 B2B software companies in the Netherlands that secured funding in the first quarter of this year.

Picture credits: GitLab


Founder/s: Dmitriy Zaporozhets, Sid Sijbrandij
Founded year: 2014
Funding: €394 million

GitLab is an open core company, which develops software for the software development lifecycle that is deployed by over 100,000 organisations. It is one of the most widely used DevOps collaboration platforms that change the way development, security, as well as ops teams, collaborate and build software. GitLab helps these teams reduce the cycle time to minutes, reduce the development costs, and enhance developer productivity.

Picture credits: Bitfury


Founder/s: Valery Vavilov
Founded year: 2011
Funding: €182 million

Amsterdam-based Bitfury is a leading security and infrastructure provider for bitcoin and blockchain. The Dutch unicorn develops blockchain solutions for organisations, businesses, governments, and individuals. It provides solutions such as bitcoin mining, asset management, blockchain security, data centre cooling, and cryptocurrency compliance. Last year, Bitfury announced the launch of an AI division that will work with its portfolio of blockchain services.

Picture credits: Snow Software

Snow Software

Founder/s: Axel Kling
Founded year: 1997
Funding: €109 million

Snow Software is a global leader in technology intelligence solutions. It ensures that expenditure on all forms of technology is optimised to get the maximum value. Snow Software’s platform is used by over 4,000 organisations all over the world to provide complete visibility, minimise regulatory risk, and optimise spend and usage. Its local offices and regional support centres ensure to provide unparalleled results to both partners and customers.

Picture credits: AMCS Group

AMCS Group

Founder/s: Jimmy Martin
Founded year: 2003
Funding: €105 million

AMCS is a supplier of integrated software and vehicle technology software for resource management, recycling, and waste collection industry. Its SaaS platform provides industry-specific Enterprise Management Software, Mobile Workforce, Digital Engagement, Vehicle Technology, Intelligent Optimisation, and Analytics solutions. The platform of ACMS is inspired by global market trends and delivers end-to-end standardisation and optimisation of all business processes.

Picture credits: Miro


Founder/s: Andrey Khusid, Oleg Shardin
Founded year: 2011
Funding: €68.2 million

Miro is an online collaborative whiteboard platform that has been built to suit modern work culture letting collocated, distributed and remote teams to collaborate and communicate across tools, formats, channels, and time zones. It has powerful collaborative features that eliminate the constraints of meeting space, physical location, and whiteboard. It works with the mission to empower teams to come up with the next big thing.

Picture credits: MessageBird


Founder/s: Adriaan Mol, Robert Vis
Founded year: 2011
Funding: €54.7 million

Amsterdam-based cloud communications provider MessageBird offers voice, SMS and chat solutions enabling developers and enterprises to communicate virtually with customers anywhere in the world. This company services over 15,000 customers enterprises including fast-growing startups such as Uber and enterprises including SAP and Lufthansa Airlines to their customers all over the world with its most reliable and fastest SMS, voice and chat APIs.

Picture credits: Anywhere365

Anywhere365 (Workstreampeople)

Founder/s: Gijs Geurts
Founded year: 2011
Funding: €60 million

Workstreampeople is an independent software supplier. This company is the developer and supplier of Anywhere365 UCC (Unified Contact Centre). It is a communication and dialogue management platform for Skype for Business and Microsoft Lync. With the Anywhere365 platform, Workstreampeople is taking the initiative towards the next generation of Collaborative Communication platforms. The company provides solutions that let organisations improve both their operational efficiency and business results.

Picture credits: Pyramid Analytics

Pyramid Analytics

Founder/s: Avi Perez, Herbert Ochtman, Omri Kohl
Founded year: 2008
Funding: €60.5 million

Pyramid Analytics is the next-generation business intelligence platform based in Amsterdam. It is a global leader offering an analytics platform that helps companies compete as world-class data-driven organisations. The company has signed hundreds of new customers and announced strategic relationships with leading partners. Its enterprise-grade platform can be deployed instantly across the organisation to provide immediate visibility into the operational data and make dramatic business changes.

Main image picture credits: MessageBird

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Startups – Silicon Canals

These coolest Irish tech startups got funded recently to fuel growth and expansion

The tech startup ecosystem in Ireland is booming in recent years. One reason for the same is the work-life balance in the country. Besides this, the Irish government supports the growth of tech startups with its Enterprise Ireland agency and benefits such as a strong research ecosystem, aspirational entrepreneurs, and a flourishing environment. And, the country has a strong venture capital and investor community.

Latest Irish tech startups funding rounds

Eventually, many Irish startups have secured funding of late to help expand their market presence and fuel their growth. This includes aspirational startups specialised in e-commerce, cybersecurity, and medtech among others. Without further ado, we at Silicon Canals showcase the coolest Irish tech startups that have secured funding recently as sourced from Dealroom.

Picture credits: Scurri


Founder/s: Rory O’Connor
Founded year: 2010
Total funding: €9.2 million

Scurri is a software provider that works with the intention to connect and optimise e-commerce ordering, shipping as well as delivery processes. It helps businesses ship their products all over the world via its network of carrier integration. During the pandemic crisis and subsequent lockdown restrictions, the startup witnessed a 55% surge in delivery volumes.

In a recent move, Scurri just announced that it has secured an additional €1.5 million investment from a group of existing investors including Act Venture Capital, Pa Nolan, Episode 1, and others. The company will use this investment to support its growth.

Picture credits: W3BCLOUD


Founder/s: Sami Issa, Wael Aburida, Maggie Love
Founded year: 2018
Total funding: €18.6 million

Dublin-based W3BCLOUD is a joint venture between Advanced Micro Devices (AMD) and ConsenSyS. This company is building a global network of high-performance data centres to enable Web 3.0 and blockchain economy.

Recently, W3BCLOUD announced its initial close of $ 20.5 million (nearly €18.2 million) in convertible notes. The funding round was led by AMD, ConsenSys along with several family offices in the UAE. This startup intends to use the investment to ramp up and operate its first Ethereum blockchain data centres.

Picture credits: PlasmaBound


Founder/s: Nick Barry, Alan Barry, Xavier Montibert
Founded year: 2017
Total funding: €1.1 million

Dublin-based PlasmaBound has developed its patented technology called controlled polymer ablation that helps industrial manufacturers achieve light-weighting goals, minimise waste, and reduce carbon emissions. It is a University College Dublin spin-out, which aims to enable global manufacturing industries to reduce their carbon emissions and increase fuel efficiency.

Late last month, PlasmaBound bagged €1.1 million investment led by Atlantic Bridge University Fund along with participation from Enterprise Ireland and other private investors. It will use the investment for its novel surface treatment technology.

Picture credits: OneProjects


Founder/s: Fionn Lahart, Christoph Hennersperger
Founded year: 2017
Total funding: €11 million

Irish medical device startup OneProjects specialises in cardiac imaging innovations. The innovative medtech company develops next-generation connected intra-vascular medical devices. The AI-powered devices are touted to treat cardiac arrhythmia. While this company is headquartered in Dublin, a majority of its R&D activities happen in Munich.

In a recent move, the Irish medtech startup has raised €11 million Series A funding led by LSP, an investment from LSP Health Economics Fund 2 along with participation from Atlantic Bridge University Fund, Enterprise Ireland, and a slew of medtech entrepreneurs. This investment will help OneProjects expand its team in Dublin and Munich and advance its product development.

Picture credits: Zipp Mobility

Zipp Mobility

Founder/s: Charlie Gleeson
Founded year: 2019
Total funding: €300k

Zipp Mobility is a dockless scooter sharing company that intends to reduce congestion and greenhouse gas emissions. This is possible with its portfolio of affordable micro-mobility solutions that improve the quality of the commute of its users.

A few days back, Zipp Mobility raised €300k seed investment led by London-based VC and private angel investors. The e-scooter startup will use this investment to scaleup its team that comprises of six people for now to 10 or 15. It will also prepare for its launch in Ireland and the UK.

Picture credits: Action24


Founder/s: Derek Mooney, Pat Maloney
Founded year: 1981
Total funding: €3.6 million

Dublin-based security business Action24 has been delivering intelligent security solutions such as intruder alarms, access control solutions, and CCTV. Now, the security solution provider has secured €3.6 million funding from BGF to help support its next phase of growth. Besides the investment, Conor Sheahan, an experienced investor has joined Action24 as its chairman and also invested in it. Also, Mark Sykes and Jack O’Kelly from BGF join the Action24 board.

Picture credits: Keelvar


Founder/s: Alan Holland
Founded year: 2012
Total funding: €17.1 million

Irish startup Keelvar is an advanced AI-driven e-sourcing software for supply chains. This company provides large enterprises with Advanced Sourcing Optimisation software and Intelligent Sourcing Automation that deploys Artificial Intelligence to automate the tactical buying processes.

Back in June 2020, Keelvar secured €16 million Series A funding in a round led by Elephant and Mosaic Ventures along with participation from Paua Ventures. The investment will be used to expand its solution that automates supply chains across Europe and the US.

Picture credits: edgescan


Founder/s: Eoin Keary, Rahim Jina
Founded year: 2011
Total funding: €11.3 million

edgescan provides cybersecurity intelligence, assessment, and more to companies across industries such as healthcare, media, financial services, and retail. Using the latest technologies, this company provides high-class vulnerability management along with expert manual validation for each vulnerability. It ensures to provide safe digital experiences to customers and partners.

Recently, edgescan secured €10.5 million investment from BGF in return for a minority stake. This investment will be used to speed up the cybersecurity startup’s international expansion and product development. Besides BGF, Bernie Waldron, a former IBM senior executive invested in the company and joined its board.

Picture credits: Buymie


Founder/s: Artavazd Sokhikyan, Devan Hughes
Founded year: 2015
Total funding: €10.7 million

Buymie, an Irish online grocery delivery startup provides same-day grocery delivery. The company works with the mission to minimise the environmental impact caused by grocery shopping. Buymie has signed a deal with Lidl Ireland in an attempt to rollout its services across all major cities in Ireland.

In June this year, Buymie announced that it has bagged €5.8 million funding led by Wheatsheaf Group along with existing investors including Act Venture Capital, Haatch Ventures, HBAN, and Sure Valley Ventures and other notable investors. The same-day grocery delivery startup will use this investment to accelerate its expansion in Ireland and the UK.

Main image picture credits: Zipp Mobility

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Startups – Silicon Canals

These 11 fintech startups are all set to shape up the industry in Europe

Village Capital helps entrepreneurs make their vision turn to reality with its program. Now, the accelerator has announced 11 early-stage fintech startups will take part in its investment-readiness program, Finance Forward Europe. It is a part of Finance Forward, which is a multi-year global coalition led by PayPal and MetLife Foundation.

Fintechs taking part in Finance Forward Europe program

The Finance Forward Europe program uses tech to help low-income individuals and families manage their finances, save for the short-term and long-term and build wealth. During the COVID-19 crisis that has taken a toll on the financial health of Europeans, both small businesses and low-income groups are greatly impacted.

Of the 80 applications sent by entrepreneurs across the region with selected companies from the UK, Germany, Ireland, Croatia, Spain, and Denmark, 11 startups have been chosen to participate. What’s interesting is that five of these chosen startups are led or founded by female entrepreneurs. And, the participating startups will get intensive feedback from peers and mentors at virtual workshops. These startups will be able to establish connections with potential customers, investors, and industry experts.

Below are the 11 fintech startups taking part in the cohort to improve the financial health in Europe.

Picture credits: Creditstretcher

CreditStretcher (Denmark)

Founder/s: Christian Thisted, Jacob Pedersen, Lars Andersen
Founded year: 2018
Funding: €690k

CreditStretcher is building a solution, which enables SMEs to grow by providing fair access to credit via upfront financing on invoices. It also extends interest-free credit to the buyer by 60 days. With this solution, it is no longer necessary to compromise the credit. CreditStretcher is a customer-centric company enabling people and businesses all over the world to realise their full potential via technological and innovative financial solutions.

Picture credits: Elifinity

Elifinity (UK)

Founder/s: Maysam Rizvi
Founded year: 2018
Funding: NA

Elifinity solves the problem of financial vulnerability with its AI-driven platform. It connects with an individual’s data in a secure way to predict existing and upcoming financial challenges. It is an app, which lets individuals take control of their finances and create a better tomorrow. The company helps banks minimise losses on tough or loss-making accounts. Also, it improves customer engagement.

Picture credits: Finclude

Finclude (Ireland)

Founder/s: Ioanna Stanegloudi, Yiannis Giokas
Founded year: 2018
Funding: NA

Dublin-based fintech Finclude provides a pan-European creditworthiness and affordability score, which lets financial institutions and individuals assess the financial standing of a user by utilising transactional behaviour analysis and machine learning. The company offers financial well-being services that empower EU citizens with fair access to credit. Also, it will expand the retail credit markets for financial institutions. The fintech platform is secure, fully automated and ensures privacy as well.

Picture credits: Finmarie

FinMarie (Germany)

Founder/s: Karolina Decker, Caroline Bell
Founded year: 2017
Funding: NA

Berlin-based FinMarie empowers women to achieve financial independence. It does this by one-stop financial advice and a cost-effective investment solution, which provides an online investment platform using robo-advisor tools. Also, this startup educates them about money and investing through one on one advice sessions and corporate workshops. The mission of this firm is to support clients with financial and wealth management projects and help them find solutions that are right for their personal situations.

Picture credits: Libeen

Libeen (Spain)

Founder/s: José Manuel Cartes González
Founded year: 2019
Funding: NA

Libeen, a Madrid-based fintech startup enables individuals irrespective of income level or savings to access affordable homeownership via a simple, smart and flexible rent-to-buy lease format. Its #SmartHousing model makes homeownership affordable thereby letting them use the monthly rent to buy fully furnished and renovated house in the centre of the city. The company believes that everyone should buy a home sans sacrificing their finances or giving up what they like.

Picture credits: PiP iT

PiP iT (Ireland)

Founder/s: Ollie Walsh
Founded year: 2014
Funding: €1 million

PiP iT lets migrants living in Europe to send cross-border payments in cash to pay the bills of their family members more affordably and control how the money is being spent. It is a Digital Cash Collection platform, which enables loading cash into e-wallets, paying e-bills with cash, and paying in cash for online orders. By enabling cash payments, customers can avoid fraud or identity theft and need no credit card or bank account. Also, businesses benefit as they get easy and secure payments.

Picture credits: Portabl

Portabl (England)

Founder/s: Mike Minett
Founded year: 2018
Funding: NA

Portabl is building a smart financial services SaaS platform that provides flexible insurance, benefits, and financial packages. These will address systemic bias issues that freelance and gig-economy workers face all over the world. With real-time data and machine learning, it is possible to understand and present optimum levels of cover and benefits that suit them. Portabl also rewards users for the good behaviours by minimising their monthly subscription fee.

Picture credits: StudentFinance

Student Finance (Spain)

Founder/s: Mariano Kostelec, Marta Palmeiro, Sergio Pereia, Miguel Santo Amaro
Founded year: 2019
Funding: NA

Spanish startup Student Finance is a fintech and edtech company, which focuses on helping partner schools financing students’ education via Income Share Agreements (ISA). This will help increase educational opportunity and empower people to access high-impact careers. It lets users unlock their potential via digital skills. It brings about a transformation in the education industry by assessing the skills that are needed in today’s world to make education easily accessible and more affordable.

Picture credits: TellJo

TellJO (UK)

Founder/s: Dominic Maxwell, Rob Harlow
Founded year: 2017
Funding: NA

TellJO‘s customer wellbeing assessment empowers social landlords, utilities and financial institutions to better understand and serve vulnerable customers. It is a digital assessment tool that helps prevent payment arrears and minimise financial exclusion by helping customers assess their vulnerability levels and financial capability. TellJo works with the mission to help as many people struggling with the difficulties that come along in their life.

Picture credits: Vested

Vested (UK)

Founder/s: Kimberley Abbott
Founded year: NA
Funding: NA

Vested is a London-based fintech startup, which provides an impact investing platform, which uses a proprietary algorithm to assess and track the impact of an investment. This way, Vested lets people invest their money in companies and assets with the biggest positive impact on society. Vested provides simple, comparable and embedded metrics for your existing assets and platforms to help you and your clients make better investment decisions aligned with values and goals.

Picture credits: Worig

Worig (Croatia)

Founder/s: Deni Ćosić, Nino Cosic
Founded year: 2019
Funding: €60k

Worig builds a solution for tenants to simplify access to the housing market by removing the high costs and risks associated with renting a new home. Its solution helps build trust between landlords and tenants by providing secure downpayment options as well as verifiable credit score with its tenant scoring system. It also lets homeowners check if the tenant is employed or has an income source and know if the person is reliable.

Main image picture credits: FinMarie

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Startups – Silicon Canals

These promising Latvian SaaS startups deserve your attention in 2020

Though Latvia is a small country in terms of population, it has more magnitude when it comes to technology and is home to a few hundreds of tech startups. The country has encouraged investments that foster a startup ecosystem to promote both native and expat entrepreneurship. Besides this, a slew of organisations such as Startup Latvia, Labs of Latvia, and Latvian Startup Association is striving hard to enable the country to build up its own successful ecosystem in the Baltic region.

SaaS startups in Latvia

Having said that, we have showcased some of the most promising SaaS startups in Latvia. Some of these startups have witnessed massive growth in recent months while others increased their valuation. Take a look at the promising SaaS startups with their roots in Latvia as sourced from Dealroom.

Picture credits: LightSpace Technologies

LightSpace Technologies

Founder/s: Ilmars Osmanis
Founded year: 1996
Funding: €9.8 million

LightSpace Technologies is a 3D optical solutions company that develops key technologies for Multi-Focal Accommodating AR headsets and future glasses-free 3D image display. This startup works with the mission to create key technologies that visualise 3D images that naturally accommodate human vision system sans causing harm to eyes even after long periods of use. The key use areas for 3D image technologies are professional, scientific, medical data 3D visualisation, airspace, etc. with 3D visualisation of control objects in various use cases.

Picture credits: Nordigen


Founder/s: Roberts Bernans, Rolands Mesters
Founded year: 2016
Funding: €980k

Nordigen is a global account data analytics provider that helps banks, fintechs, and lenders leverage open banking by extracting actionable insights directly from raw account data. Nordigen operates with the mission to enable greater financial transparency and global adoption of open banking. In addition to Riga, this fintech startup also has an office in Madrid. This company works with over 50 global banks and lenders operating across 13 countries.

Picture credits: Giraffe360


Founder/s: Mikus Opelts
Founded year: 2015
Funding: €1.6 million

Latvian proptech startup Giraffe360 is offering a game-changing subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation. Through its camera-laden device, the finest photographs are automatically created by basting multiple HDR images. With 50-megapixel resolution, photos are exportable in all the formats. Furthermore, the most accurate floor plans can be generated just in 2 minutes by the Giraffe360’s advanced photogrammetric device laden with an in-built laser.

Picture credits: Marine Digital

Marine Digital

Founder/s: Ivan Ladan
Founded year: 2019
Funding: €150k

Marine Digital works with the intention to digitalise ports and accelerate mass automation processes in the logistics industry. Its platform automates cargo acceptance, handing, and data exchange . Marine Digital was founded to solve issues that persist in accounting and planning, increasing both the speed of cargo turnover and the related workflow. The company developed DigiDock a neural network focused on logistic documents recognition and data output. The company has an additional office in the Netherlands.

Picture credits: GRANDMA


Founder/s: Aivars Slokenbergs, Rihards Rucevics, Karlis Gedrovics, Mārtiņš Zemīti
Founded year: 2010
Funding: €210k

GRANDMA operates finance data management software for midsize project-based companies. It provides easy to use, reliable project and invoice management. The company provides clean projects finance data and makes sure these data are synchronised with accountancy. It allows project managers to do their job and reduce the time spent on managing estimates and invoices in Excel. It is an effective alternative to Excel as it can be used for quoting, financial reports, invoicing, and cash flow planning.

Picture credits: Displio


Founder/s: Raivis Lancetovs
Founded year: 2015
Funding: €140k

Latvian smart living startup Displio has launched internet-connected displays that are designed for desks or shop counters and exhibit information such as weather, Facebook likes, the number of unread emails, etc. The Displio internet-connected display features a 2.7-inch e-ink display. The highlight of this display is its low power consumption and is touted to last up to one month on a single charge.

Picture credits: Motivio


Founder/s: Ansis Lipenitis, Juris Bluzmanis
Founded year: 2017
Funding: €150k

Motivio is a new generation company culture app. It provides mobile tools to build a culture that attracts and retains new generation employees like a magnet. It is a platform that is convenient for employees. Given that employees encourage new types of culture, these new processes help companies retain employees. The Motivio app lets users pay for lunch and makes it easy to control with its automatic process control system.

Picture credits: Lokalise


Founder/s: Nick Ustinov, Petr Antropov
Founded year: 2016
Funding: €50k

Lokalise is a translation and localisation management system. This Latvian startup helps companies to translate changing content available on their website, mobile apps as well as games. The Lokalise software provides developers with the necessary tools to eliminate the hassle of localisation with tools such as powerful APIs, CLI tool, mobile SDKs, and comprehensive documentation.

Main image picture credits: Nordigen

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Startups – Silicon Canals

[Portfolio companies in CTech] These startups will make your air travel healthier and safer

CTech spoke with Yakir Machluf, Director of Business Development, Mobility Lead at OurCrowd – an Israeli Venture Capital fund. He talked us through some of the most innovative ways that startups have pivoted their product to assist in the battle against Covid-19. Here are 11 that he thinks could transform the way we travel once borders open up again.

Read more here.

The post [Portfolio companies in CTech] These startups will make your air travel healthier and safer appeared first on OurCrowd.


Women coders: Meet these 10 European coding academies improving gender equality

2020 is not cancelled as some claim. It has metamorphosed into the year of human rights and issues such as equality and diversity are being raised globally. Among the hard talks we need to have and issues to handle there is also the role of women in tech. This article goes beyond the role of women in positions of leadership and focuses on women in technical roles such as computer programmers: aka coders.

The unknown history of coding

Let’s begin our journey by taking a trip to 1843 to meet the first person to be what we today call a coder. The first coder was actually a woman. Her name was Ada Lovelace. She was a British mathematician who wrote what is often regarded as the first computer programme in history. Many years after, when digital computers became a practical reality in the 1940s, women were pioneers in writing software. During the Second World War, women operated some of the first computational machines used for code-breaking at Bletchley Park in the UK. They were given this opportunity not only because men were at war, but because at the time the hardware designers believed that programming was a non-technical job. This type of work became known as coding because ”it was thought to be more transcription or translation, rather than the creation of original content”, as Margaret O’Mara simply puts it in “The Code”. After the war, as coding jobs spread from the military into the private sector, women remained in the coding vanguard. 

The fall from glory

If we want to pinpoint the moment when the number of women in coding began to drop, we can look at one year: 1984. From 1984 onward, the percentage dropped and by 2010 it had been cut in half. One reason for this decline has to do with a change in how and when kids learned to programme. For example, boys were more than twice as likely to have been given a computer as a gift by their parents. The advent of personal computers in the late ’70s and early ’80s remade the pool of students who pursued computer-science degrees at the university. When computer-science programmes began to expand again in the mid-’90s, coding culture was set. Most students were men.

Filling the gap

Nowadays women hold about 20% of the jobs in tech and less than 18% are studying computer science. From a European Union research Survey at Schools, ITC in Education from March 2019 we find that students rarely engage in coding/programming activities at the European level. In fact, 76% of upper secondary school students never or almost never engage in coding or programming at school. And on average more than 4 out of 5 female European students attending secondary schools never or almost never engage in coding school. Other studies show we are experiencing a talent shortage as the education system is slow to react to new demands. In Europe, we have up to 825,000 ICT job vacancies in 2020. 

While this might seem a quite complex problem to handle, these ten academies and startups think differently. As the story shows, they have a major gap to fill but, by the looks of it, they are on the right path to driving positive change.

Girls Code Fun – Established in 2015 in Warsaw, Poland by Karolina Cikowska and Zuzanna Kobrzynski, Girls Code Fun is a foundation that invests and empowers school-aged children, with an emphasis on girls to pursue an education in computer science.

Codam  – Inspired by School 42, Corinne Vigreux, TomTom’s co-founder founded Codam in Amsterdam, the Netherlands in 2018. Codam is a three and a half year coding programme that uses a peer-to-peer learning system instead of a traditional model. No prior experience is needed. Codam has a set gender equality goal of 25% of all students to be women currently and is giving higher visibility to female coders on their social media channels.

Codeworks  – Codeworks offers immersive courses to learn Software Engineering. The company was founded in Barcelona, Spain and now has campuses in London, Berlin and Toronto. Their 8-week and 12-week courses are focused on Software Engineering foundations, a professional understanding of the latest full-stack JavaScript technologies, and hands-on experience. In June 2020 Codeworks announced 50 scholarships totalling €70K to close the tech gender gap in partnership with GirlCode. P.S. EU-Startups readers get a special discount at this school – check it out here. 

Cypher Coders – Founded in 2016, CypherCoders teaches children aged 5-12+ years old through hands-on creative camps and courses. Founder and CEO Elizabeth Tweedale started Cypher from the desire to encourage girls to develop technological skills and eventually pursue careers in this exciting industry. Specifically, she is interested in the interaction between both girls and boys, as a way to be creative and learn together, fostering long-term collaboration skills.

Code Institute – Code Institute is the world’s first credit-rated coding bootcamp, dedicated to producing career-ready developers through mentored online or classroom programme. Code Insititute was founded in 2014 in Dublin, Ireland. 40% of the school attendees are women, and the goal is to reach 50% in the near future. 

Code First Girls – Code First Girls is a social enterprise that works with women and the companies who hire them. Code First Girls was founded in 2013 in London, the UK by Matt Clifford and Alice Bentinck, the co-founders of the talent investor Entrepreneur First. Over the past years, they have taught over 8000 women to code and delivered €6m of free education. 

Girls Who Code Romania – Girls Who Code Romania was by Monica Muntean and Adriana Valman in 2014 in Bucharest, Romania. Their mission is to bridge the gender gap in the IT industry by growing the number of girls and women who will choose or switch to a programming related career. 

HackYourFuture – HackYourFuture is a not-for-profit coding school for refugees and other people that have limited access to education and the labour market. The school offers a free 7-month programme. HackYourFuture was founded in 2016 in Amsterdam, the Netherlands and is currently active also in Canada, Belgium, and Denmark. Their curriculum is open-source and has been used by coding schools in Greece, Spain and the UK as well. In 2019 the school added a women’s coding course dedicated to women refugees.

Le Wagon – Le Wagon is a nine-week coding bootcamp that teaches students to develop web applications from scratch. Le Wagon was founded in Paris in 2013 and has received approximately €17m in funding. Today it has 39 campuses across 23 countries. Le Wagon has more than 40% of their teaching staff and other team members are women, many of whom are graduates themselves. The school organises women’s coding workshops every month.

Wild Code School – Founded in 2014 in France by Anna Stépanoff and Romain Coeur, the Wild Code School is a network of 19 schools in Europe. Dedicated to web development and data analysis training. The school has a blended teaching approach based on completing projects, working with an original online platform and personalized job coaching. In 2019, 30% of their students were women compared to 25% in 2018. They also offer scholarships for women.


These 7 ambitious European tech startups got featured in 50 global future unicorns list

Unicorns are the startups that reach a high valuation of $ 1 billion and above. Attaining this coveted status will position any company in a competitive business landscape. As per reports, there are over 400 unicorns in the world with most of them distributed across the United States and China. Following them, Europe has a slew of unicorns with the UK and Germany leading the race.

In 2019, Europe was said to have 12% of the overall unicorns in the world and the same was 11% in the year 2018. Mostly, the unicorns are circulated across businesses such as internet software, fintech, and e-commerce. Now, CB Insights, a New York-based private market intelligence firm has listed the potential 50 unicorns in the world wherein seven new companies are fall under the soon-to-be-unicorns umbrella in Europe. Here, we at Silicon Canals showcase these potential European unicorns.

Picture credits: Alan

Alan (France)

Founder/s: Charles Gorintin, Jean-Charles Samuelian
Founded year: 2016
Funding: €125 million

Paris-based digital health insurance platform Alan offers hassle-free digital health insurance solutions to users with an excellent price-quality ratio health plan. It is the first new independent insurance licensed in France since 1986 by the French Prudential Supervisory Authority (ACPR). In 2018, this startup witnessed over 500% growth in its revenue and a drastic growth in its user base.

In April 2020, Alan secured €50 million Series C funding from Index Ventures and Temasek. Prior to that, in February 2019, the French digital health insurance platform raised €40 million Series B funding led by Index Ventures and partners of DST Global. In April 2018, the potential unicorn raised €23 million Series A funding. With the latest investment, Alan’s valuation stands at €125 million.

Picture credits: Personio

Personio (Germany)

Founder/s: Hanno Renner
Founded year: 2015
Funding: €119 million

Munich-based all-in-one HR software platform Personio works with the mission to make HR processes transparent and efficient so that HR can focus on the most valuable assets – the people in the company. Personio offers its digital solution that enables enterprises to store and manage all employee data and HR functions in single place covering attendance, leaves, approvals, payroll, employee documents, performance, reporting, and employee onboarding.

In January 2020, the German HR software platform secured nearly €67.5 million funding led by Accel and other investors to expand into additional markets across Europe. With this Series C funding, the companies valuation rose to $ 500 million.

Picture credits: Sennder

Sennder (Germany)

Founder/s: David Nothacker, Julius Koehler, Nicolaus Schefenacker
Founded year: 2016
Funding: €64.6 million

Sennder is a logistics platform and marketplace that connects commercial shippers with smaller freight carriers. The digital trucking company digitalises the truck-loading-shipping ecosystem by providing mobile apps to drivers, fleet management tools to carrier managers and logistics management solutions to shippers.

In a recent move, Sennder merged with French freight tech company Everoad to build Europe’s largest digital road freight forwarding platform in an attempt to facilitate the relationship between carriers and shippers and connecting small trucking companies and enterprises. It aims to become a unicorn with a revenue of €1 billion by 2024.

Picture credits: Signavio

Signavio (Germany)

Founder/s: Mathias Weske, Nicolas Peters, Torben Schreiter, Gero Decker, Willi Tscheschner
Founded year: 2009
Funding: €208 million

Based out of Berlin, Signavio is a leading provider of business transformation solutions. Signavio’s Business Transformation Suite enables its customers to effectively mine, model, monitor, manage and maintain their business processes. Its intelligent decision-making tools address digital transformation, operational excellence and customer-centricity, helping place process at the very heart of organizations.

Back in July last year, the SaaS startup raised $ 177 million Series C investment led by Apax Digital, the growth equity team of Apax Partners along with participation from DTCP. Prior to that, the company raised €15.5 million Series B investment from Summit Partners. With the latest investment, Signavio’s valuation reached $ 400 million.

Picture credits: Tessian

Tessian (UK)

Founder/s: Edward Bishop, Thomas Adams, Tim Sadler
Founded year: 2013
Funding: €51.6 million

Tessian, a London-based cybersecurity company helps numerous enterprises across the world to keep security breaches at the bay. The startup uses machine learning to eradicate the security vulnerabilities surrounding enterprise emails such as misdirected emails and spear phishing. The platform analyses email data so that it can understand the context of communication.

Last year, the cybersecurity platform Tessian bagged €37 million in Series B funding in a round led by Sequoia along with Latitude and existing investors Accel and Balderton Capital. In 2018, the company secured a Series A funding of $ 2.7 million from Accel, LocalGlobe, Crane Venture Partners, etc. It is estimated to have a valuation of around $ 240 million after the Series B funding.

Picture credits: Thought Machine

Thought Machine (UK)

Founder/s: Paul Taylor
Founded year: 2014
Funding: €101 million

Thought Machine, which is based out of London is a fintech company that builds cloud-native technology to revolutionise core banking. Well, its core banking solution is completely built in the cloud and is dubbed Vault. It lets established as well as challenger banks to compete in the clod-native era. The fintech operates with the mission to cure one of the primary problems faced by the banking industry, which is the reliance on dated IT infrastructure.

In March this year, Thought Machine raised $ 83 million (nearly €74.3 million) Series B funding in a round backed by its existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair Capital along with IQ Capital. The fintech that aims to expand its presence in the global markets including Japan and Australia has a valuation of around $ 500 million.

Picture credits: Tink

Tink (Sweden)

Founder/s: Daniel Kjellén, Fredrik Hedberg
Founded year: 2012
Funding: €200 million

Swedish open banking platform Tink is a leader in its industry as it lets fintechs, banks, and startups to develop data-driven financial services. With its API, the company lets customers access aggregated financial data, enrich transactions, initiate payments, and build personal finance management tools. As it is a cloud-based Platform-as-a-Service company, it doesn’t really rely on people being present physically, thereby making it apt during the crisis of the pandemic.

Earlier this month, the Stockholm-based startup secured investment from PayPal to extend support for the latter’s payment system in Europe. Prior to this, the company secured €90 million funding led by HMI Capital, Dawn Capital, and Insight Partners along with Poste Italiane, a new investor and existing investors such as Opera Tech Ventures, ABN AMRO Ventures, and Heartcore Capital. With these investments, the valuation of Tink reaches around €415 million.

Main image picture credits: Tink

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Post COVID-19 era: These European tech startups will help you maintain social distancing effectively

As the whole world is prepping to face the pandemic and adapt to the new normal post COVID-19, there are some restrictions and social distancing norms that we need to face. As businesses across Europe are bouncing back to normalcy, shops and malls are opening, restaurants are serving customers, and travel restrictions are being lifted.

Eventually, it becomes highly important to follow social distancing guidelines. While this is tough to follow, there are some big tech players that have come up with solutions to avoid crowding. There are software solutions, wearables and other tech facilitating the same and help you maintain social distance from others.

Google already jumped in to help users maintain social distancing with Sodar, its augmented reality tool. It uses WebXR to visualise a ring of two-metre radius around you to help maintain social distancing. Your smartphone’s camera uses AR to map the area around you to help avoid queuing. In addition to Google Sodar, there are some European tech startups that are bringing solutions that encourage social distancing at various places and we at Silicon Canals have detailed the same here.

Picture credits: Dist-i

Dist-i (Italy)

Founder/s: Paolo Ingrassia
Founded year: 2020
Funding: NA

Dist-i is a smart wearable device, which is easy to use. It allows you to maintain the social distancing between people who wear it at all times, thanks to Bluetooth 5.1 connectivity. The wearable device works with smartphones or Wi-Fi connection and doesn’t require any software installation. The Dist-i band is meant for companies and public places and such as gyms, restaurants, cinemas, hotels, etc. and helps prevent the infection.

It is very simple to use, just wear it and it will warn you every time you are approaching other people in possession of the same device. It is possible to program an alarm distance between 1.5 and 5 metres. With a simple click, it is possible to enable the silent mode function that silences the alarms between a specific group of devices.

Picture credits: Aura Aware

Aura Aware (Netherlands)

Founder/s: Janneke van den Heuvel
Founded year: 2020
Funding: NA

Amsterdam-based Aura Aware has come up with a smart device, which helps businesses maintain safe social distancing for both themselves and customers. It is a social distance sensor, which warns if customers fail to follow social distancing norms of 2 metres.

This smart device from Aura Aware is an LED panel with a laser depth sensor fitted at its base. It alerts people with audiovisual cues and encourages them to maintain six feet distance. If people go too close, their smart device will turn from green to red. With LIDAR technology that is used in self-driving cars, this smart device lets users customise it via a mobile app. Already, Aura Aware smart device is deployed at IKEA.

Picture credits: Kinexon

Kinexon (Germany)

Founder/s: Alexander Hüttenbrink, Oliver Trinchera, Maximilian Schmidt
Founded year: 2012
Funding: NA

Munich-based Kinexon provides state-of-the-art sensor networks and edge computing solutions to logistics, manufacturing, sports, and media organisations. The company developed SafeZone, one of the most efficient and industry-proven digital solutions to adapt to the social distancing norms and stay protected against COVID-19. Kinexon SafeZone provides customers an open real-time analytics platform, which uses advanced algorithms and provide detailed and live results.

One of the first clients of Kinexon’s technology is Personio, an HR software provider for SMBs. It is currently testing how its employee base of over 400 can go back to office safely. Already, Personio started a trial of two weeks with up to 140 colleagues who volunteered to work at the Munich office.

Picure credits: Pathfindr

Pathfindr (UK)

Founder/s: Ben Sturgess
Founded year: 2015
Funding: NA

Norwich-based Pathfindr is an IoT startup that works on indoor and outdoor wayfinding technology. Last month, as the COVID-19 lockdown was being lifted in Europe, this startup started focusing on creating wearable personal safety devices that are aimed to helping workplaces adhere to social distancing standards.

Pathfindr has come developed a low-power, ultra-wideband device, which scans for nearby colleagues using 3.5GHz radiofrequency. It is touted to be more accurate than Bluetooth. The device from Pathfindr comes is priced at £49.99 per unit and has been implemented into workplaces such as construction sites, warehouses, logistics hubs, and factories.

Picture credits: The Line Lite

The Line Lite (Ireland)

Founder/s: Anthony Remedy, John O’Neill
Founded year: NA
Funding: NA

The Line Lite is a Dublin-based startup that has launched a digital booking system to let customer pre-book shopping visits so that they can avoid waiting in long queues. It also helps retailers monitor the number of people in their premises. This digital solution from The Line Lite is targeted at shopfronts and the high street. It intends to help retailers regain customer trust and better shopping experience during the post COVID-19 era.

The tech behind The Line Lite is aimed at the retail industry. It has been implemented by Siopaella as the business prepares to reopen sometime later this summer. Furthermore, the team is in talks with a slew of Irish retailers, stores and bars to help them and their customers post the pandemic lockdown.

Picture credits: Ordee

Ordee (Ireland)

Founder/s: Anthony Cronin, Criostóir O’Codlatáin Lachtna
Founded year: 2020
Funding: NA

Irish startup Ordee has developed a social distancing app targeted at the leisure and hospitality businesses. This app aims to help businesses reopen and adapt to the new normal and the government guidelines. Ordee app features a queuing functionality, which aims to prevent customers from standing in long lines or gives them notifications in the virtual queue. The app lets users see the real-time capacity in a venue and pay for the food and drinks purchased as well. Business use the Ordee app to manage bookings and set space for walk-ins. It also lets them see who clocked in and out if they aren’t using the app.

Picture credits: Veovo

Veovo (UK)

Founder/s: NA
Founded year: NA
Funding: NA

London-based Veovo is an AI-powered platform connecting people, systems and sensors across the ecosystem to provide instant situational awareness. It deploys smart smart automation and intelligent recommendations for the same. The startup has launched airport social distancing solutions for safer travel. It has launched Virtual Queueing and Passenger Density Management solutions that are meant to help social distancing in airports as the lockdown is easing in many regions and flying restrictions are getting lifted.

Veovo’s Virtual Queueing lets travellers prebook a time slot for processing at airport checkpoints instead of waiting in line. And, the company’s Passenger Density Management solutions monitors crowd density in spaces and queues across terminals letting airports take action against those surpassing social distancing norms.

Stock photo from eamesBot/Shutterstock

Stay tuned to Silicon Canals for more European technology news.

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