This week, more than 70 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds between July 7 – 11:
Investments:
2 Germany, 1 Norway, 1 France, 1 Italy, 1 Finland, 1 United Kingdom (UK)
Sectors Received Investments:
1 Therapeutics
1 Automotive
1 Environmental Consulting
1 Data Center Automation
1 Electric Vehicle & Automotive
1 Customer Service
1 Augmented Reality
News of the Week
🎯 Radioligand therapy developer Actithera raised $75.5 million.
Actithera, a radiopharmaceutical biotech company that developing radioligand therapies, has raised $75.5 million in Series A funding round, led by M Ventures. Hadean Ventures, Sofinnova Partners, 4BIO Capital, Bioqube Ventures, Surveyor Capital and Arkin Bio Ventures II also participated in the investment round.
Transaction Type: Investment
Investors: M Ventures, Hadean Ventures, Sofinnova Partners, 4BIO Capital, Bioqube Ventures, Surveyor Capital, Arkin Bio Ventures II
Co-founders: Dr. Andreas Goutopoulos
Headquarters: Norway
🎯 B2B marketplace CarOnSale raised €70 million.
CarOnSale, a B2B marketplace for professional used car trading, has raised €70 million in Series C funding round. The investment round was led by Northzone, with participation from HV Capital, Insight Partners, Stripes and Creandum.
Transaction Type: Investment
Investors: Northzone, HV Capital, Insight Partners, Stripes, Creandum
Co-founders: Tom Krüger, Fabian D. Roth, Oguz Özgüler
Headquarters: Germany
🎯 Methane pyrolysis startup Tulum Energy raised $27 million.
Tulum Energy, an energy firm startup that creates a new methane pyrolysis technique for producing clean hydrogen, has raised $27 million from CDP Venture Capital, TDK Ventures and other investors.
Transaction Type: Investment
Investors: CDP Venture Capital, TDK Ventures, other investors
Co-founders: Donald Kendrick, Massimiliano Pieri
Headquarters: Italy
🎯 Deeptech startup Arago raised $26 million.
Arago, a deeptech startup pioneering a new class of energy-efficient AI chips powered by light, has raised $26 million in Seed funding round from Earlybird, Protagonist, Visionaries Tomorrow, Generative IQ, C4 Ventures and other investors.
Transaction Type: Investment
Investors: Earlybird, Protagonist, Visionaries Tomorrow, Generative IQ, C4 Ventures, other investors
Co-founders: Nicolas Muller
Headquarters: France
🎯 E-mobility tech startup Donut Lab raised €25 million.
Donut Lab, an EV Development Platform that delivers exceptional performance in all vehicle categories, has raised €25 million in Seed funding round from Risto Siilasmaa.
Transaction Type: Investment
Investors: Risto Siilasmaa
Co-founders: –
Headquarters: Finland
🎯 AI agentic startup Gradient Labs raised $13 million.
Gradient Labs builds an AI customer service platform for financial firms, automating support, compliance, and complex operational workflows, has raised $13 million in Series A funding round
Transaction Type: Investment
Investors: Redpoint Ventures, Localglobe, Puzzle Ventures, Liquid 2 Ventures, Exceptional Capital
Co-founders: Dimitri Masin, Neal Lathia, Danai Antoniou
Headquarters: United Kingdom (UK)
🎯 Deeptech company Hololight raised €10 million.
Hololight, which provides the technical bridge between XR applications and XR devices, has raised €10 million from Cipio Partners, Bayern Kapital, Direttissima Growth Partners, EnBW New Ventures and Future Energy Ventures
Transaction Type: Investment
Investors: Cipio Partners, Bayern Kapital, Direttissima Growth Partners, EnBW New Ventures, Future Energy Ventures
Co-founders: Florian Haspinger, Alexander Werlberger, Luis Bollinger, Susanne Haspinger
Headquarters: Germany
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