Last week, 20 startups in the European entrepreneurship ecosystem received investment. The headquarters of the startups that received investment were distributed as United Kingdom, France, Germany, Ireland, Denmark, Switzerland, Netherlands, Austria and Sweden. 3 startup purchase has been also made.
Investments:
9 United Kingdom (UK), 4 Germany, 1 France, 1 Netherlands, 1 Switzerland, 1 Ireland, 1 Denmark, 1 Sweden, 1 Austria
Acquisitions:
2 France, 1 Greece
Sectors Received Investments:
4 Artificial Intelligence
4 Software
4 Healthtech
1 Greentech
1 Fintech
1 E-commerce
1 Construction Tech
1 Data
1 HR Tech
1 Telecommunication
1 Climate Tech
News of the Week
🎯 AI-based technology startup Intrinsic Semiconductor Technologies raised funding.
Intrinsic Semiconductor Technologies, a startup that develops silicon-oxide based RRAM technologies, has raised €7.9 million. The investment round was led by Octopus Ventures, with participation of existing investors IP Group, UCL Technology Fund and InnovateUK.
Transaction Type: Investment
Investment Amount: €7.900.000
Investors: Octopus Ventures, IP Group, UCL Technology Fund, InnovateUK
Co-founders: Anthony Kenyon
Country: United Kingdom (UK)
🎯 Industrial automation solution Verity raised funding.
Verity, an autonomous drone technology that automates inventory checks in large warehouses and DCs, for a zero-error warehouse, received an investment of $32 million in Series B funding round. The investment round was led by A.P. Moller Holding and Exor Ventures, with participation from undisclosed existing and new investors.
Transaction Type: Investment
Investment Amount: $32.000.000
Investors: A.P. Moller, Exor Ventures, other investors
Co-founders: Markus Hehn, Markus Waibel, Raffaello D’Andrea.
Country: Switzerland
🎯 Machine learning operations platform Seldon raised funding.
Seldon, a data-centric machine learning platform for the deployment, management, monitoring, and explainability of ML models, received an investment of $20 million in Series B funding round led by Bright Pixel. AlbionVC, Cambridge Innovation Capital and Amadeus Capital Partners also participated in the investment round.
Transaction Type: Investment
Investment Amount: $20.000.000
Investors: Bright Pixel, AlbionVC, Cambridge Innovation Capital, Amadeus Capital Partners
Co-founders: Alex Housley
Country: United Kingdom (UK)
🎯 AI software developer Finmatics raised funding.
Finmatics, an ai-based software to digitize and automate accounting processes, received an investment of €6 million in Series A funding round led by Mangrove Capital Partners. eQventure also participated in the investment round.
Transaction Type: Investment
Investment Amount: €6.000.000
Investors: Mangrove Capital Partners, eQventure
Co-founders: Christoph Prieler, Patrick Sagmeister, Ulrich Tröller
Country: Austria
🎯 Product ecosystem Connectd raised funding.
Connectd, a platform that offers startups to make and manage connections with founders, investors and advisors, received an investment of $2.6 million in Seed funding round from LiFE Ventures, Blue Lake, Mail Venture Partners, Arch Law and Syndicate Room.
Transaction Type: Investment
Investment Amount: $2.600.000
Investors: LiFE Ventures, Blue Lake, Mail Venture Partners, Arch Law, Syndicate Room
Co-founders: Roei Samuel, Sam Luckett
Country: United Kingdom (UK)
🎯 Legal technology company Legislate raised funding.
Legislate, which provides patented knowledge graph technology, has raised $3.6 million. The investment round was led by Parkwalk Advisors, with participation from Oxford Capital and angel investors.
Transaction Type: Investment
Investment Amount: $3.600.000
Investors: Parkwalk Advisors, Oxford Capital, angel investors
Co-founders: Charles Brecque
Country: United Kingdom (UK)
🎯 Mobile app publisher Kovalee raised funding.
Entertainment company Kovalee, which specializes in the publishing of consumer apps, received an investment of €8 million in Series A funding round led by Iris. Breega, Bpifrance, Alan Fung and Alexandre Berriche also participated in the investment round.
Transaction Type: Investment
Investment Amount: €8.000.000
Investors: Iris, Breega, Bpifrance, Alan Fung, Alexandre Berriche
Co-founders: Vincent Hart de Keating, Damien Soulard
Country: France
🎯 IT-as-a-Service platform deeploi raised funding.
deeploi, a startup that builds an all-in-one IT platform that aims to save SMEs time and money, received an investment of €3 million in Seed funding round led by Cherry Ventures, with participation from a group of angel investors.
Transaction Type: Investment
Investment Amount: €3.000.000
Investors: Cherry Ventures, angel investors
Co-founders: Julian Lübke, Philipp Hoffmann
Country: Germany
🎯 Digital therapy platform HelloSelf raised funding.
HelloSelf, a health and wellness platform that provides its users with digital access to therapists, received an investment of $20 million in Series B funding round led by Octopus Ventures, with participation from Omers, Mantaray and Oxford Capital.
Transaction Type: Investment
Investment Amount: $20.000.000
Investors: Octopus Ventures, Omers, Mantaray, Oxford Capital
Co-founders: Charles Wells
Country: United Kingdom (UK)
🎯 Nutritional health platform ZOE raised funding.
ZOE, a startup that offers personalised nutrition programmes, has raised €2.3 million from Flight Fund.
Transaction Type: Investment
Investment Amount: €2.300.000
Investors: Flight Fund
Co-founders: George Hadjigeorgiou, Jonathan Wolf
Country: United Kingdom (UK)
🎯 Medtech startup Fire1 raised funding.
Fire1, a medtech startup that develops novel therapeutic devices for heart failure patients, has raised $25 million. The investment round was led by Andera Partners and Novo Holdings, with participation from Gilde Healthcare, Gimv, the Ireland Strategic Investment Fund, Lightstone Ventures, Medtronic, New Enterprise Associates and Seventure Partners.
Transaction Type: Investment
Investment Amount: $25.000.000
Investors: Andera Partners, Novo Holdings, Gilde Healthcare, Gimv, the Ireland Strategic Investment Fund, Lightstone Ventures, Medtronic, New Enterprise Associates, Seventure Partners
Co-founders: Hanson Gifford
Country: Ireland
🎯 Recruitment marketplace Medwing raised funding.
Medwing, a healthcare start-up that provides opportunities to work in the healthcare sector, received an investment of €44 million in Series C funding round from SVB Capital, Atlantic Labs, Cherry Ventures, Cathay Capital, Quadrille Capital, Hambro Perks and Northzone.
Transaction Type: Investment
Investment Amount: €44.000.000
Investors: SVB Capital, Atlantic Labs, Cherry Ventures, Cathay Capital, Quadrille Capital, Hambro Perks, Northzone
Co-founders: Johannes Roggendorf, Timo Fischer
Country: Germany
🎯 Solar panel provider Sunhero raised funding.
Sunhero, which delivers custom-built solar panel solutions, received an investment of €10 million in Series A funding round led by Planet A and Vorwerk Ventures. Speedinvest, Redstone and All Iron Ventures also participated in the investment round.
Transaction Type: Investment
Investment Amount: €10.000.000
Investors: Planet A, Vorwerk Ventures, Speedinvest, Redstone, All Iron Ventures
Co-founders: Christopher Cederskog, Stefan Braun
Country: Germany
🎯 Payment solutions platform APEXX Global raised funding.
APEXX, which optimizes global payment providers into a single integration point, received an investment of $25 million in Series B funding round from MMC Ventures, Alliance Ventures and Forward Partners.
Transaction Type: Investment
Investment Amount: €25.000.000
Investors: MMC Ventures, Alliance Ventures, Forward Partners
Co-founders: Peter Keenan, Rodney Bain, Toreson Lloyd
Country: United Kingdom (UK)
🎯 Marketplace Tallarium raised funding.
Tallarium, an energy market price discovery platform, has raised $1.6 million from XTX Ventures and Reciprocal Ventures.
Transaction Type: Investment
Investment Amount: $1.600.000
Investors: XTX Ventures, Reciprocal Ventures
Co-founders: Stanislav Ermilov
Country: United Kingdom (UK)
🎯 Construction company Oculai raised funding.
SaaS solution Oculai, which provides camera-based data collection on construction sites using intelligent computer vision algorithms, has raised €2.5 million. The investment round was led by High-Tech Gründerfonds. Bayern Kapital, Axeleo Capital and The Leonard Accelerator program also participated in the investment round.
Transaction Type: Investment
Investment Amount: €2.500.000
Investors: High-Tech Gründerfonds. Bayern Kapital, Axeleo Capital, The Leonard Accelerator Program
Co-founders: Constantin Kauffmann, Tim Sippl, Yannik Mack
Country: Germany
🎯 Personal data platform Gener8 raised funding.
Gener8, a startup that offers users to manage and profit from their own data, has raised €5.7 million from Tony Ryan, Shane Ryan, Simon Clegg CBE and Christopher Gayle.
Transaction Type: Investment
Investment Amount: €5.700.000
Investors: Tony Ryan, Shane Ryan, Simon Clegg CBE, Christopher Gayle
Co-founders: Sam Jones
Country: United Kingdom (UK)
🎯 Skills management platform AG5 raised funding.
AG5, a SaaS platform that visualizes and tracks the workforce’s skills in a centralized skills hub, has raised €6 million. The investment round was led by Headline, Acadian Ventures and Peak.
Transaction Type: Investment
Investment Amount: €6.000.000
Investors: Headline, Acadian Ventures, Peak
Co-founders: Mathieu van Echtelt, Rick Van Echtelt, Wouter Gazendam
Country: Netherlands
🎯 Satellite manufacturer QuadSAT raised funding.
QuadSAT, a startup that tests and verifies satellite equipment, has raised €9 million. The investment round was led by IQ Capital. Existing investors Seraphim Space, Vækstfonden, Torben Frigaard Rasmussen and Helge Munk also participated in the investment round.
Transaction Type: Investment
Investment Amount: €9.000.000
Investors: IQ Capital, Seraphim Space, Vækstfonden, Torben Frigaard Rasmussen, Helge Munk
Co-founders: Joakim Espeland
Country: Denmark
🎯 Climate labeling platform Klimato raised funding.
Klimato, a startıp that develops a platform for help restaurants and food service providers to calculate, communicate and report the carbon footprint per dish, has raised €4.2 million. The investment round was led by Global Cleantech Capital, with participation from existing investors.
Transaction Type: Investment
Investment Amount: €4.200.000
Investors: Global Cleantech Capital, other investors
Co-founders: Anton Unger, Christoffer Connée, Henric Hansson
Country: Sweden
🛒 CNH Industrial acquires Augmenta.
Industrial products provider CNH Industrial has acquired agritech startup Augementa.
Transaction Type: Acquisition
Investors: CNH Industrial
Co-founders: Dimitri Evangelopoulos, George Varvarelis
Country: Greece
🛒 Tinyclues acquired by Splio.
Omnichannel marketing platform Splio has acquired CRM solution Tinyclues.
Transaction Type: Acquisition
Investors: Splio
Co-founders: Ardavan Beigui, David Bessis, Jakob Haesler
Country: France
🛒 BlaBlaCar acquires Klaxit.
Long distance carpooling platform BlaBlaCar has acquired Klaxit, a startup that offers carpooling services to all pass holders in 9 cities in France.
Transaction Type: Acquisition
Investors: BlaBlaCar
Co-founders: Cyrille Courtière, Julien Honnart
Country: France
Other News:
📌 Rethink Ventures has launched a new €50 million fund to support early-stage startups, which operates in mobility, automotive, and logistics sectors.
📌 Geneva-based investment house ACE & Company has announced a new €150 million fund to support early-growth stage tech companies.
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