This week, more than 70 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds between May 12 – 16:
Investments:
3 United Kingdom (UK), 1 The Netherlands, 1 Spain
Sectors Received Investments:
1 Artificial Intelligence
1 Hardware & Spacetech
1 Enterprise Software & AI
1 Sensor
1 Consulting & HR
News of the Week
🎯 AI-powered notepad provider Granola raised $43 million.
Granola, which provides an ai-powered notepad that combines typed notes with AI transcriptions, has raised $43 million in Series B funding round from Nat Friedman, Daniel Gross, Mike Mignano, Nabeel Hyatt, Guillermo Rauch, Amjad Masad, Tobi Lutke, Karri Saarinen, Lenny Rachitsky, Des Traynor, Karim Atiyeh, Zach Lloyd, Charlie Songhurst, Noah Weiss, Romain Huet, Nilan Peiris and Laura Modiano.
Transaction Type: Investment
Investors: Nat Friedman, Daniel Gross, Mike Mignano, Nabeel Hyatt, Guillermo Rauch, Amjad Masad, Tobi Lutke, Karri Saarinen, Lenny Rachitsky, Des Traynor, Karim Atiyeh, Zach Lloyd, Charlie Songhurst, Noah Weiss, Romain Huet, Nilan Peiris, Laura Modiano
Co-founders: Chris Pedregal, Sam Stephenson
Headquarters: United Kingdom (UK)
🎯 Reusable satellites developer Space Forge raised £22.6 million.
Space Forge, which develops reusable satellites for manufacturing materials in space, has raised £22.6 million in Series A funding round, led by NATO Innovation Fund. World Fund, the National Security Strategic Investment Fund and the British Business Bank, Innovation Investment Capital, Gaingels, SpaceVC, Unruly, Stellar, TypeOne and the London Technology Club also participated in the investment round.
Transaction Type: Investment
Investors: NATO Innovation Fund, World Fund, the National Security Strategic Investment Fund, the British Business Bank, Innovation Investment Capital, Gaingels, SpaceVC, Unruly, Stellar, TypeOne, the London Technology Club
Co-founders: Joshua Western
Headquarters: United Kingdom (UK)
🎯 AI platform Origin raised $21 million.
Origin, an AI platform that transforms global benefits – cutting costs, ensuring compliance, and scaling with Fortune 500 partners, has raised $21 million in Series A funding round from Felix Capital, Acadian Ventures, Notion Capital and angel investors.
Transaction Type: Investment
Investors: Felix Capital, Acadian Ventures, Notion Capital, angel investors
Co-founders: Chris Bruce
Headquarters: United Kingdom (UK)
🎯 Fibre optic sensing startup Optics11 raised €17 million.
Optics11, which combines fibre optic sensors and advanced threat detection software, has raised €17 million from FORWARD.one, SET Ventures, Join Capital and Value Creation Capital.
Transaction Type: Investment
Investors: FORWARD.one, SET Ventures, Join Capital, Value Creation Capital
Co-founders: –
Headquarters: The Netherlands
🎯 Workforce management platform Shakers raised €14 million.
Shakers, a platform that helps companies build high-performance teams by combining human freelancers and AI agent, has raised €14 million in Series A funding round from Partech, KFund, Brighteye Ventures, Athos Capital and Wayra.
Transaction Type: Investment
Investors: Partech, KFund, Brighteye Ventures, Athos Capital, Wayra
Co-founders: Héctor Mata
Headquarters: Spain
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