This week, more than 75 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between March 31 – April 4:
Investments:
3 United Kingdom (UK), 2 France, 1 The Netherlands
Secondary Transactions:
1 United Kingdom (UK), 1 Germany, 1 France
Sectors Received Investments:
1 Biotechnology
1 Health Care
1 Financial Services
1 Recycling
1 Artificial Intelligence
1 Contact Management
News of the Week
🎯 AI-driven solutions provider Isomorphic Labs raised $600 million.
Isomorphic Labs, which builds an AI drug design engine comprising foundational AI models that are capable of working across multiple therapeutic areas and drug modalities, has raised $600 million from Thrive Capital, Google Ventures and Alphabet.
Transaction Type: Investment
Investors: Thrive Capital, Google Ventures, Alphabet
Co-founders: –
Headquarters: United Kingdom (UK)
🎯 Medical devices developer CMR Surgical raised over $200 million.
CMR Surgical, which develops and manufactures robotic surgical systems to enhance precision and efficiency in minimally invasive surgery, has raised $200 million from Trinity Capital.
Transaction Type: Investment
Investors: Trinity Capital
Co-founders: Massimiliano Colella
Headquarters: United Kingdom (UK)
🎯 Cross-border payments platform Zepz raised $165 million.
Zepz, a global digital cross-border payments platform that enables international money transfers, has raised $165 million in growth financing round from HSBC Innovation Banking and HSBC Private Credit.
Transaction Type: Investment
Investors: HSBC Innovation Banking, HSBC Private Credit
Co-founders: –
Headquarters: United Kingdom (UK)
🎯 Carbon composite recycling company Fairmat raised €51.5 million.
Carbon composite recycling company Fairmat has raised €51.5 million in Series B funding round, combining €26.5 million in equity and debt financing. The investment round was joined by Temasek Holdings, Slate VC, Singular, Pictet Private Equity Investors S.A., Compagnie Nationale a Portefeuille and Bpifrance Large Venture.
Transaction Type: Investment
Investors: Temasek Holdings, Slate VC, Singular, Pictet Private Equity Investors S.A., Compagnie Nationale a Portefeuille, Bpifrance Large Venture
Co-founders: Benjamin Saada
Headquarters: France
🎯 Digital twin platform Gradyent raised €28 million.
Gradyent, an ai-cloud platform that helps heating companies in optimizing their heating systems and reduce CO2 emissions, has raised €28 million in Series B funding round, led by Blue Earth Capital. SEB Greentech Venture Capital, Capricorn Partners, Eneco Ventures, Helen Ventures and Energiiq also participated in the investment round.
Transaction Type: Investment
Investors: Blue Earth Capital, SEB Greentech Venture Capital, Capricorn Partners, Eneco Ventures, Helen Ventures, Energiiq
Co-founders: Hervé Huisman
Headquarters: The Netherlands
🎯 Contract management platform Tomorro raised €25 million.
Tomorro, ai-powered contract management platform provider, has raised €25 million. The investment round was led by XAnge and Acton Capital.
Transaction Type: Investment
Investors: XAnge, Acton Capital
Co-founders: Antoine Fabre, Sébastien Decrême, Thibaut Caoudal
Headquarters: France
🛒 XConnect acquires Sekura.id.
Numbering intelligence solutions provider XConnect has acquired authentication and fraud prevention services provider Sekura.id.
Transaction Type: Acquisition
Investors: XConnect
Co-founders: Mark Harvey
Headquarters: United Kingdom (UK)
🛒 Seven2 acquires HRK LUNIS.
Private equity firm Seven2 has acquired independent wealth management platform HRK LUNIS.
Transaction Type: Acquisition
Investors: Seven2
Co-founders: Andreas Brandt
Headquarters: Germany
🛒 BSO acquires InterCloud.
Infrastructure and connectivity solutions provider BSO has acquired public and private cloud environments provider InterCloud.
Transaction Type: Acquisition
Investors: BSO
Co-founders: –
Headquarters: France
🟥 StartupCentrum
Find the best startup jobs or launch your future unicorn company, meet the best talents and startups, and get in contact with international accelerators and investors to grow!
For more information startupcentrum.com
To take part in the StartupCentrum Entrepreneurship Ecosystem Summary of Turkey, MENA or Europe series and to be our supporter: [email protected]