This week, more than 70 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds between June 9 – 13:
Investments:
2 United Kingdom (UK), 1 France, 1 Germany, 1 Lithuania, 1 Spain
Sectors Received Investments:
1 Machinery Manufacturing
1 Legal Tech
1 E-Learning
1 Financial Services
1 Information Technology
1 Medtech
News of the Week
🎯 Autonomous walking exoskeletons developer Wandercraft raised $75 million.
Wandercraft, which develops autonomous walking exoskeletons designed to restore upright mobility to individuals with walking impairments, has raised $75 million in Series D funding round from Renault Group, BPIFrance, the European Investment Bank, Teampact Ventures, Quadrant Management, LBO France, Mutuelles Impact, Cemag Invest, Martagon Capital and AG2R LA MONDIALE.
Transaction Type: Investment
Investors: Renault Group, BPIFrance, the European Investment Bank, Teampact Ventures, Quadrant Management, LBO France, Mutuelles Impact, Cemag Invest, Martagon Capital, AG2R LA MONDIALE
Co-founders: Matthieu Masselin
Headquarters: France
🎯 Legaltech startup Definely raised $30 million.
Definely, a legal tech company that develops AI-powered tools for drafting, editing, and proofreading legal documents, has raised $30 million in Series B funding round from Revaia, Alumni Ventures, Beacon Capital, Clio, Octopus Ventures, Zrosk Investment Management. The Raine Group and Cornerstone VC.
Transaction Type: Investment
Investors: Revaia, Alumni Ventures, Beacon Capital, Clio, Octopus Ventures, Zrosk Investment Management. The Raine Group, Cornerstone VC
Co-founders: Nnamdi Emelifeonwu, Feargus MacDaei
Headquarters: United Kingdom (UK)
🎯 Learning platform Knowunity raised €27 million.
Knowunity, which builds daily AI learning companion for students worldwide, has raised €27 million in Series B funding round from XAnge, Portfolion, Isomer Capital, Project A, Redalpine, Educapital and other investors.
Transaction Type: Investment
Investors: XAnge, Portfolion, Isomer Capital, Project A, Redalpine, Educapital, other investors
Co-founders: Benedict Kurz, Gregor Weber, Yannik Prigl
Headquarters: Germany
🎯 Global payment network Noah raised $22 million.
Noah, a financial service company providing application solutions for trading in Bitcoin, has raised $22 million in Seed funding round from LocalGlobe, Felix Capital, FJ Labs and angel investors.
Transaction Type: Investment
Investors: LocalGlobe, Felix Capital, FJ Labs, angel investors
Co-founders: Thijn Lamers, Shah Ramezani
Headquarters: United Kingdom (UK)
🎯 AI-based business tools developer Sintra raised $17 million.
Sintra, a developer of AI-based business tools to automate workflows for everyday tasks, has raised $17 million in Seed funding round from Practica Capital, Inovo.vc, Earlybird Venture Capital and angel investors.
Transaction Type: Investment
Investors: Practica Capital, Inovo.vc, Earlybird Venture Capital, angel investors
Co-founders: Chris Sidlauskas
Headquarters: Lithuania
🎯 Medtech startup Aortyx raised €13.8 million.
Aortyx, which develops a minimally invasive solution to what is called aortic dissection, has raised €13.8 million in Series A funding round, led by Ship2B Ventures.
Transaction Type: Investment
Investors: Ship2B Ventures, other investors
Co-founders: Jordi Martorell
Headquarters: Spain
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