This week, more than 80 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between March 24 – 28:
Investments:
2 Sweden, 2 Germany, 1 Belgium, 1 United Kingdom (UK)
Sectors Received Investments:
1 E-Learning
1 Biotechnology
1 Cloud Computing
1 Pharmaceutical
1 Machine Learning
1 Electronics
News of the Week
🎯 Digital medical knowledge platform Amboss raised €240 million.
Amboss, which provides a global medical knowledge platform improving the acquisition and the use of the medical know-how at the point of care, has raised €240 million from KIRKBI, M&G Investments and Lightrock.
Transaction Type: Investment
Investors: KIRKBI, M&G Investments, Lightrock
Co-founders: Dr. Madjid Salimi, Benedikt Hochkirchen
Headquarters: Germany
🎯 Biotechnology startup Augustine Therapeutics raised €77.7 million.
Augustine Therapeutics, a biotechnology company focused on the treatment of neuromuscular, has raised €77.7 million in Series A funding round from Novo Holdings, Jeito Capital, Asabys Partners, Eli Lilly and Company, AdBio partners, V-Bio Ventures, PMV, VIB, Gemma Frisius Fund, Charcot-Marie-Tooth, Research Foundation and Newton Biocapital.
Transaction Type: Investment
Investors: Novo Holdings, Jeito Capital, Asabys Partners, Eli Lilly and Company, AdBio partners, V-Bio Ventures, PMV, VIB, Gemma Frisius Fund, Charcot-Marie-Tooth, Research Foundation, Newton Biocapital
Co-founders: Prof. Ludo Van Den Bosch
Headquarters: Belgium
🎯 Cloud computing startup evroc raised €50 million.
evroc, which builds hyperscale cloud and critical AI infrastructure, has raised €50 million Series A funding round, led by EQT Ventures. Norrsken VC and Giant Ventures also participated in the investment round.
Transaction Type: Investment
Investors: EQT Ventures, Norrsken VC, Giant Ventures
Co-founders: Mattias Åström
Headquarters: Sweden
🎯 Pharmaceutical startup Tribune Therapeutics raised €37 million.
Tribune Therapeutics, a biotechnology company advancing novel medicines to treat fibrosis, regardless of the cause, tissue or diagnosis, has raised €37 million from Novo Holdings, LifeArc Ventures, Investinor, Inven2, Innovestor, Industrifonden and HealthCap.
Transaction Type: Investment
Investors: Novo Holdings, LifeArc Ventures, Investinor, Inven2, Innovestor, Industrifonden, HealthCap
Co-founders: Georg Vo Beiske
Headquarters: Sweden
🎯 AI-powered SaaS platform Buynomics raised $30 million.
Buynomics, an ai-powered SaaS platform that helps businesses optimize pricing, promotions, and portfolio strategies through large-scale consumer simulations, has raised $30 million in Series B funding round, led by Forestay Capital. Anais Ventures, VI Partners, Insight Partners, Seedcamp, DvH Ventures and Tomahawk Ventures also participated in the investment round.
Transaction Type: Investment
Investors: Forestay Capital, Anais Ventures, VI Partners, Insight Partners, Seedcamp, DvH Ventures, Tomahawk Ventures
Co-founders: Dr. Ingo Reinhardt, Dr. Sebastian Baier
Headquarters: Germany
🎯 Interconnect technology company CamGraPhIC raised €25 million.
CamGraPhIC, which designs, develops and manufactures photonic circuits for telecoms and datacoms, has raised €25 million in Series A funding round from CDP Venture Capital, NATO Innovation Fund, Sony Innovation Fund, Join Capital, Bosch Ventures, Frontier IP Group and Indaco Venture Partners.
Transaction Type: Investment
Investors: CDP Venture Capital, NATO Innovation Fund, Sony Innovation Fund, Join Capital, Bosch Ventures, Frontier IP Group plc, Indaco Venture Partners
Co-founders: Andrea Ferrari, Marco Romagnoli
Headquarters: United Kingdom (UK)
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