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
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