Last week, 28 startups in the European entrepreneurship ecosystem received investment. The headquarters of the startups that received investment were distributed as United Kingdom, France, Germany, Belgium, Ukraine, Switzerland, Bulgaria, Spain and Finland. 4 startup purchase has been also made.
Investments:
11 United Kingdom (UK), 7 Germany, 3 France, 3 Belgium, 1 Bulgaria, 1 Ukraine, 1 Spain, 1 Switzerland
Acquisitions:
1 United Kingdom (UK), 1 Finland, 1 Slovenia, 1 Denmark
Sectors Received Investments:
4 Fintech
4 Healthtech
4 Software
2 Artificial Intelligence
1 Data
1 Proptech
1 SaaS
1 Insurtech
1 Last Mile
1 Agritech
1 Biotech
1 Logistics
1 Foodtech
1 HR Tech
1 Cyber Security
1 Edtech
News of the Week
🎯 Cash flow management platform Finmap.online raised funding.
Cloud service platform Finmap.online, which helps business owners keep track of the company’s money and personal finances, received an investment of €1 million led by SMOK Ventures. Presto Ventures, Capital Genetics and the CEO of tbi bank Petr Baron also participated in the investment round.
Transaction Type: Investment
Investment Amount: €1.000.000
Investors: SMOK Ventures. Presto Ventures, Capital Genetics, Petr Baron
Co-founders: Ivan Kaunov, Oleksandr Solovei
Country: Ukraine
🎯 Investment platform Sprout raised funding.
Sprout, the platform that connects underserved investors to leading venture capital funds, has raised $1 million in pre-Seed funding round from undisclosed family offices and angel investors.
Transaction Type: Investment
Investment Amount: $1.000.000
Investors: Family offices, angel investors
Co-founders: Jonathan Blausten, Richard Abrahams, Daniel Lehmann
Country: United Kingdom (UK)
🎯 Upskilling platform StudentFinance raised funding.
Student Finance, the platform that provides funding after helping users improve their skills, received an investment of $41 million. The investment round was led by Iberis Capital and Smart Lenders Asset Management. Armilar VP, MSM Fund, Giant Ventures and Seedcamp also participated in the investment round.
Transaction Type: Investment
Investment Amount: $41.000.000
Investors: Iberis Capital, Smart Lenders Asset Management, Armilar VP, MSM Fund, Giant Ventures, Seedcamp
Co-founders: Mariano Kostelec, Marta Palmeiro, Miguel Santo Amaro, Sergio Pereira
Country: Spain
🎯 Forecasting analytics startup Ramp raised funding.
Ramp, a forecasting analytics platform that allows teams to predict their business, has raised $5 million in its Seed round co-led by Albion VC and Eurazeo, along side with Triple Point Ventures and angel investors.
Transaction Type: Investment
Investment Amount: $5.000.000
Investors: Albion VC, Eurazeo, Triple Point Ventures, angel investors
Co-founders: Angus Lovitt, Dan Marcus, Francois du Toit, Jan Pickard
Country: United Kingdom (UK)
🎯 Digital healthcare solution VisionHealth raised funding.
Vision Health, which develops an artificial intelligence application to treat chronic lung diseases, recevied an investment of €3 million in Series A funding round led by DB Specialty Invest.
Transaction Type: Investment
Investment Amount: €3.000.000
Investors: DB Specialty Invest
Co-founders: Sabine Haussermann
Country: Germany
🎯 Health app doctorly raised funding.
doctorly, which develops software for medical applications, received an investment of €9.4 million in Series A funding round from WELL Technologies, Horizons Ventures, The Delta, Speedinvest, UNIQA Ventures, Calm/Storm and Seedcamp.
Transaction Type: Investment
Investment Amount: $9.400.000
Investors: WELL Technologies, Horizons Ventures, The Delta, Speedinvest, UNIQA Ventures, Calm/Storm, Seedcamp
Co-founders: Samir El-Alami, Nicklas Teicke, Anna Von Stackelberg, Sebastian Lau, Alexandru Boghean
Country: Germany
🎯 Simulation devices provider Simulands raised funding.
Simulands, a startup that aims to improve patient outcomes through simulation-based medical education, has raised €10 million from SHS.
Transaction Type: Investment
Investment Amount: €10.000.000
Investors: SHS
Co-founders: Abbott Laboratories, Boston Scientific, Edwards Lifesciences
Country: Switzerland
🎯 Digital health company Mendelian raised funding.
Mendelian, which develops software to help doctors identify rare diseases, has raised $1.4 million from The Artificial Intelligence in Health and Care Awards (AI Awards), run by the NHS AI Lab in partnership with the National Institute for Health and Care Research (NIHR) and the Accelerated Access Collaborative (AAC).
Transaction Type: Investment
Investment Amount: $1.400.000
Investors: NIHR, ACC
Co-founders: Fran Garcia, Ignacio Hernández Medrano, Rudy Benfredj
Country: United Kingdom
🎯 Product management platform Cycle raised funding.
Cycle, a platform that connects customer feedback to the workflow, has raised $6 million in a Seed funding round led by Boldstart, eFounders, Base Case, The 20VC Fund, SV Angel, BoxGroup, Hummingbird Ventures, Script Capital, Kearny Jackson, Kima Ventures, Pareto Holdings and 60 operator angels.
Transaction Type: Investment
Investment Amount: $6.000.000
Investors: Boldstart, eFounders, Base Case, The 20VC Fund, SV Angel, BoxGroup, Hummingbird Ventures, Script Capital, Kearny Jackson, Kima Ventures, Pareto Holdings, angel investors
Co-founders: Mehdi Boudoukhane
Country: Belgium
🎯 Legaltech platform Henchman raised funding.
Henchman, a platform that offers contracting tools to legal teams, received an investment of €6.5 million in Series A funding round led by Adjacent VC, Acton Capital and Conviction VC. Angel investors also participated in the investment round.
Transaction Type: Investment
Investment Amount: €6.500.000
Investors: Adjacent VC, Acton Capital, Conviction VC, angel investors
Co-founders: Jorn Vanysacker, Gilles Mattelin, Wouter Van Respaille
Country: Belgium
🎯 CRM platform Attio raised funding.
Attio, which offers a real-time and customizable CRM platform, received an investment of $23.5 million in Series A funding round led by Redpoint Ventures. Balderton Capital and Point Nine also participated in the investment round.
Transaction Type: Investment
Investment Amount: $23.500.000
Investors: Redpoint Ventures, Balderton Capital, Point Nine
Co-founders: Alexander Christie, Nicolas Sharp
Country: United Kingdom (UK)
🎯 Software development company Cordless raised funding.
Cordless, a software development company that provides a platform for customer support services, received an investment of $2.3 million in a Seed funding round led by Fly Ventures. Passion Capital, TrueSight and Renaud Visage alsa participated in the investment round.
Transaction Type: Investment
Investment Amount: $2.3000.000
Investors: Fly Ventures, Passion Capital, TrueSight, Renaud Visage
Co-founders: Irina Bednova, Luba Chudnovets
Country: United Kingdom (UK)
🎯 Text-video transition company Colossyan raised funding.
Colossyan, which allows users to create videos from text using AI, received an investment of $5 million in Series A funding round led by LAUNCHub Ventures and Emerge Education.
Transaction Type: Investment
Investment Amount: $5.000.000
Investors: LAUNCHub Ventures, Emerge Education
Co-founders: Dominik Mate Kovacs, Kristof Szabo, Zoltan Kovacs
Country: United Kingdom (UK)
🎯 AI-based fintech company SESAMm raised funding.
SESAMm, a fintech company that specializes in big data and artificial intelligence for investment, received and investment of €35 million in Series B2 funding round co-led by Elaia and Opera Tech Ventures.
Transaction Type: Investment
Investment Amount: €35.000.000
Investors: Elaia, Opera Tech Ventures
Co-founders: Florian Aubry, Pierre Rinaldi, Sylvain Forté
Country: France
🎯 Data platform Sourcerie raised funding.
Sourcerie, a community-driven data platform and personalisation software for the beauty industry, received and investment of £1.8 million in pre-Seed funding round. The investment round was co-led by Playfair Capital and Vorwerk Ventures.
Transaction Type: Investment
Investment Amount: £1.800.000
Investors: Playfair Capital, Vorwerk Ventures
Co-founders: Kristin Cardwell, Alex Beyer
Country: United Kingdom (UK)
🎯 Digital venue twin platform OnePlan raised funding.
Events planning software company OnePlan, has raised $6 million. The investment round was led by Elysian Park Ventures and Verance Capital.
Transaction Type: Investment
Investment Amount: $6.000.000
Investors: Elysian Park Ventures, Verance Capital
Co-founders: Paul Foster
Country: United Kingdom (UK)
🎯 SaaS company Devyce raised funding.
The hybrid phone system Devyce, received an investment of €2.5 million in Seed funding round led by Y Combinator, Garage Capital and FoundersX Ventures.
Transaction Type: Investment
Investment Amount: €2.500.000
Investors: Y Combinator, Garage Capital, FoundersX Ventures
Co-founders: Edward Clayton, Leo Bartle, Nick Brown
Country: United Kingdom (UK)
🎯 Digital insurance platform Flock raised funding.
Flock, a digital insurance company for connected and autonomous commercial vehicles, received an investment of $38 million in Series B funding round led by Octopus Ventures. CommerzVentures, Social Capital, Dig Ventures, Anthemis and Foresight also participated in the investment round.
Transaction Type: Investment
Investment Amount: $38.000.000
Investors: Octopus Ventures, CommerzVentures, Social Capital, Dig Ventures, Anthemis, Foresight
Co-founders: Ed Leon Klinger, Antton Pena
Country: United Kingdom (UK)
🎯 Delivery analytics platform Mily Technologies raised funding.
Mily Technologies, which offers delivery companies to achieve efficient performance, has raised €1 million in pre-Seed funding round led by South Central Ventures and Katapult Akcelerator.
Transaction Type: Investment
Investment Amount: €1.000.000
Investors: South Central Ventures, Katapult Akcelerator
Co-founders: Aleksandar Buha, Miloš Zlatković
Country: Germany
🎯 AI-based food supply platform Inarix raised funding.
Inarix, an agritech startup that aims to help farmers better determine the quality and value of their crops, has raised €3.1 million in Seed funding round led by Ankaa Ventures, Label Investment, Newfund, Alliance for Impact and Resiliance. Business angel Francis Nappez, CEO of Hectar, also participated in the investment round.
Transaction Type: Investment
Investment Amount: €3.100.000
Investors: Ankaa Ventures, Label Investment, Newfund, Alliance for Impact and Resiliance, Francis Nappez
Co-founders: Pierre Chapelle
Country: France
🎯 Biotech startup PILI raised funding.
PiLi, a startup that biofabricates a sustainable alternative to create renewable inks to replace their toxic, non-biological, and non-recyclable versions, recevied an investment of $15.8 million in Series A funding round led by Bpifrance. Famille C Participations, PSL Innovation Fund of Elaia Partners, SOSV and Startupangels.de also participated in the investment round.
Transaction Type: Investment
Investment Amount: $15.800.000
Investors: Bpifrance. Famille C Participations, PSL Innovation Fund of Elaia Partners, SOSV, Startupangels.de
Co-founders: Guillaume Boissonnat, Jeremie Blache, Marie-Sarah Adenis, Thomas Landrain
Country: France
🎯 Logistics planning platform Transmetrics raised funding.
Transmetrics, a platform that optimizes logistics planning and asset management, has raised €2.5 million. The investment round was led by European Innovation Council (EIC) and Impetus Capital.
Transaction Type: Investment
Investment Amount: €2.500.000
Investors: EIC, Impetus Capital
Co-founders: Alexander Petkov, Anna Shaposhnikova, Asparuh Koev, Rado Nikolov
Country: Bulgaria
🎯 Food tech company WNWN raised funding.
WNWN Food Labs, provider of cocoa-free chocolate, has raised $5.6 million. The investment round was led by PeakBridge, with participation from Geschwister Oetker Beteiligungen Group and HackCapital.
Transaction Type: Investment
Investment Amount: $5.600.000
Investors: PeakBridge, with participation from Geschwister Oetker Beteiligungen Group, HackCapital
Co-founders: Ahrum Pak
Country: United Kingdom (UK)
🎯 Recruitment marketplace Jobtogether raised funding.
Jobtogether, provider of a search engine for remote and flexible working, received an investment of €1.4 million in Seed funding round led by finance&invest.brussels and 4Ventures, as well as angel investors.
Transaction Type: Investment
Investment Amount: €1.400.000
Investors: inance&invest.brussels, 4Ventures, angel investors
Co-founders: Juan Bourgois
Country: Belgium
🎯 Cyber security platform Secfix raised funding.
Secfix, a cyber security company that helps SME’s to achieve security certification, received an investment of €3.6 million in Seed funding round led by Octopus Ventures. Neosfer and the founders of Signavio and Blair also participated in the investment round.
Transaction Type: Investment
Investment Amount: €3.600.000
Investors: Octopus Ventures, Neosfer, founders of Signavio and Blair
Co-founders: Fabiola Munguia, Grigory Emelianov, Branko Džakula
Country: Germany
🎯 Edtech startup Edurino raised funding.
Edurino, an e-learning platform that introduces digital learning responsibly and playfully for children aged 4-8+, received an investment of €10.5 million in Series A funding round led by DN Capital. Tengelmann Ventures and FJ Labs also join the investment round.
Transaction Type: Investment
Investment Amount: €10.500.000
Investors: DN Capital, Tengelmann Ventures, FJ Labs
Co-founders: Franziska Meyer, Irene Klemm
Country: Germany
🛒 brandXchange acquires AIM Content Marketing.
Web 3.0 consultancy brandXchange has acquired content marketing platform AIM.
Transaction Type: Acqusition
Investors: brandXchange
Co-founders: Rebecca Douglas
Country: United Kingdom (UK)
🛒 Amplexor Life Sciences acquired by ArisGlobal.
Cutting-edge cloud solutions provider ArisGlobal has acquired global provider of regulatory and safety software solutions provider Amplexor Life Sciences.
Transaction Type: Acqusition
Investors: ArisGlobal
Co-founders: –
Country: Slovenia
🛒 Summa Equity acquires Logpoint.
Private equity firm Summa Equity has acquired cybersecurity platform Logpoint.
Transaction Type: Acqusition
Investors: Summa Equity
Co-founders: Søren Laustrup
Country: Denmark
🛒 Nomentia acquired by Inflexsion.
Mid-market private equity firm Inflexsion has acquired cash and treasury management tool Nomentia.
Transaction Type: Acqusition
Investors: Inflexsion
Co-founders: –
Country: Finland
Other News:
📌 Sure Valley Ventures has created a new €30 million fund to invest in early-stage AI and cybersecurity startups. With the new fund, 15 startups will be invested in the UK, especially in Ireland.
📌 Quantum Delta NL, Netherlands-based foundation committed to scaling the Dutch quantum technology ecosystem, has created a new €15 million fund to invest in companies right across the quantum technology industry, including hardware, communications, and sensing technologies.
📌 Spex Capital has created a new €100 million fund to support startups developing healthcare technologies.
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