This week, more than 80 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between December 5 – 8:
Investments:
3 United Kingdom (UK), 3 France, 1 Netherlands, 1 Estonia, 1 Denmark
Secondary Transactions:
1 France
Sectors Received Investments:
1 Electronics
1 Financial Services
1 Artificial Intelligence
1 Biotechnology
1 Information Services / Software
1 Supply Chain Management
1 Cyber Security
1 Quantum Computing
1 Fuel Cell / Renewable Energy
News of the Week
🎯 Semiconductor company Pragmatic raised £182 million.
Pragmatic, which manufactures flexible integrated circuits, has completed the first close of its Series D funding round, securing an investment of £162 million. The company is planning a limited second close for key investors, of which £20m ($25m) additional investment is already allocated.
Investors: M&G’s Catalyst, UK Infrastructure Bank, Northern Gritstone, Latitude, MVolution Partners, British Patient Capital, Cambridge Innovation Capital, Prosperity7 Ventures
Co-founders: Scott White
Headquarters: United Kingdom (UK)
🎯 Finance platform Liberis raised $112 million.
Liberis, which creates embedded business finance solutions, has raised $112 million in debt financing from HSBC Innovation Banking and BCI Capital.
Transaction Type: Investment
Investors: HSBC Innovation Banking, BCI Capital
Co-founders: –
Headquarters: United Kingdom (UK)
🎯 Enterprise-level AI startup AutogenAI raised $39.5 million.
AutogenAI, which provides cutting edge natural language processing solutions to enable companies to write compelling content for bids, has raised $39.5 million in Series B funding round, led by Salesforce Ventures. Spark Capital and Blossom Capital also participated in the investment round.
Transaction Type: Investment
Investors: Salesforce Ventures, Spark Capital, Blossom Capital.
Co-founders: Sean Williams
Headquarters: United Kingdom (UK)
🎯 Gene-editing company Eligo Bioscience raised $30 million.
Eliho Bioscience, which specializes in microbiome in-vivo gene editing and is advancing a highly differentiated pipeline of precision medicines to address unmet medical needs in immuno-inflammation, oncology, and infectious diseases driven by the expression of deleterious bacterial genes, has raised $30 million in Series B funding round. The investment round was led by Sanofi Ventures, with participation from Bpifrance, Khosla Ventures, Seventure Partners.
Transaction Type: Investment
Investors: Sanofi Ventures, Bpifrance, Khosla Ventures, Seventure Partners
Co-founders: Luciano Marraffini, David Bikard, Xavier Duportet
Headquarters: France
🎯 SaaS solutions provider Rentman raised $22 million.
Rentman, a software company that provides SaaS solutions for the events and media production industry, has raised $22 million from Expedition Growth Capital.
Transaction Type: Investment
Investors: Expedition Growth Capital
Co-founders: Roy van den Broek
Headquarters: The Netherlands
🎯 SaaS platform Wakeo raised €18 million.
Wakeo, which provides a SaaS platform to bring real-time visibility on intercontinental multimodal freight transport flows, has raised €18 million. The investment round was led by Statkraft Ventures, with participation from Promus Ventures, 360 Capital, 50 Partners and Techstars.
Transaction Type: Investment
Investors: Statkraft Ventures, Promus Ventures, 360 Capital, 50 Partners, Techstars
Co-founders: Julien Cote
Headquarters: France
🎯 Cybersecurity software solution ProvenRun raised €15 million.
ProveRun, a software solutions to protect the IoT and connected objects against cybersecurity attacks, has raised €15 million in Series A funding round from Tikehau Capital and Bpifrance.
Transaction Type: Investment
Investors: Tikehau Capital, Bpifrance
Co-founders: Dominique Bolignano
Headquarters: France
🎯 Hybrid blockchain platform QANplatform raised $15 million.
QANplatform, quantum-resistant Layer 1 blockchain developer, has raised $15 million from MBK Holding.
Transaction Type: Investment
Investors: MBK Holding
Co-founders: Johann Polecsak
Headquarters: Estonia
🎯 Fuel cell system architecture company Blue World Technologies raised €11 million.
Blue World Technologies, which provides methanol fuel cells that enable efficient conversion of methanol to electricity with an electrical efficiency of up to 65%, has raised €11 million in pre-C funding round from Maersk Growth, Export and Investment Fund and Cycle Group.
Transaction Type: Investment
Investors: Maersk Growth, Export and Investment Fund, Cycle Group
Co-founders: Anders Korsgaard
Headquarters: Denmark
🛒 BC Platforms acquires Medexprim.
Healthcare data management and analytics company BC Platforms has acquired real-world data company Medexprim.
Transaction Type: Acquisiton
Investors: BC Platforms
Co-founders: Karine Seymour
Headquarters: France
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