Last week, 11 startups in the European entrepreneurship ecosystem received investment. The headquarters of the startups that received investment were distributed as United Kingdom (UK), Sweden, Ireland, France, Lithuania and Spain. 2 startup purchase has been also made.
Investments:
6 United Kingdom (UK), 1 Sweden, 1 Ireland, 1 France, 1 Lithuania, 1 Spain
Acquisitions:
1 Belgium, 1 Switzerland
Bonus:
1 French-based fintech acquires US-based company.
Sectors Received Investments:
3 SaaS
1 Fintech
1 Data Analytics
1 Web3
1 EdTech
1 Hospitality Tech
1 Medtech
1 Software
1 Climate Tech
News of the Week
🎯 Guest experience solution Hotel Manager raised funding.
Hotel Manager, which offers a full-stack guest experience solution, has raised £2.2 million. The investment round was led by Fuel Ventures, with existing investors Pitchdrive VC, CORE Angels, Boost Fund, StartupIst Ventures and angel investors.
Transaction Type: Investment
Investment Amount: £2.200.000
Investors: Fuel Ventures, Pitchdrive VC, CORE Angels, Boost Fund, StartupIst Ventures, angel investors
Co-founders: Agni Ilango, Ajwad Hashim, Gokulan Kannan
Country: United Kingdom (UK)
Deployed, a collaborative work authoring platform that makes it simple to define work, has raised £3.2 million in a Seed funding round, co-led by M12 (Microsoft’s Venture Fund) and Amrock Ventures. Portfolio Ventures, Angel Academe, Mayfield Fund and Hermesa also participated in the investment round.
Transaction Type: Investment
Investment Amount: £3.200.000
Investors: M12, Amrock Ventures, Portfolio Ventures, Angel Academe, Mayfielad Fund, Hermesa
Co-founders: Emma Rees, Jamie Gannaway, Kayleigh Kuptz
Country: United Kingdom (UK)
🎯 SaaS platform HR DataHub raised funding.
HR DataHub, a SaaS platform for data-driven market insights, has raised £1.4 million from MEIF Proof-of-Concept & Early Stage Fund, Oliver Black, Ben Black, Ian Dyke, Chris Bruce, Michael Whitfield and ACF Investors.
Transaction Type: Investment
Investment Amount: £1.400.000
Investors: MEIF Proof-of-Concept & Early Stage Fund, Oliver Black, Ben Black, Ian Dyke, Chris Bruce, Michael Whitfield, ACF Investors
Co-founders: Alexa Grellet, David Whitfield
Country: United Kingdom (UK)
🎯 Saving and investment platform Smart raised funding.
Smart, a global savings and investments technology platform provider, has raised $95 million in Series E funding round led by Aquiline Capital Partners. Existing investors Chrysalis Investments, Fidelity International Strategic Ventures, DWS, Barclays and Natixis Investment Managers also participated in the investment round.
Transaction Type: Investment
Investment Amount: $95.000.000
Investors: Aquiline Capital Partners, Chrysalis Investments, Fidelity International Strategic Ventures, DWS, Barclays, Natixis Investment Managers
Co-founders: Andrew Evans, Will Wynne
Country: United Kingdom (UK)
🎯 Food industry platform Tenzo raised funding.
Tezno, an ai-powered data analytics platform for the food industry, received an investment of $5 million in Series A funding round, led by Amadeus Capital Partners and S28 Capital. Existing investors Acequia Capital also participated in the investment round.
Transaction Type: Investment
Investment Amount: $5.000.000
Investors: Amadeus Capital Partners, S28 Capital, Acequia Capital
Co-founders: Adam Taylor, Christian Mouysset
Country: United Kingdom (UK)
🎯 Web3 music platform anotherblock raised funding.
Anotherblock, a startup that provides a blockchain based platform to decentralize music rights connecting non-fungible tokens, has raised €4 million in Seed funding round, led by Stride.VC and Inventure. StableNode, Fredrik Haga, Markus Ament and Axel Christofer Hedfors also participated in the investment round.
Transaction Type: Investment
Investment Amount: €4.000.000
Investors: Stride.VC, Inventure, StableNode, Fredrik Haga, Markus Ament, Axel Christofer Hedfors
Co-founders: Michel D. Traore
Country: Sweden
🎯 Education platform Oneday raised funding.
Oneday, an education platform for entrepreneurship, has raised $6.2 million in Series A funding round from Ananda Impact Ventures, Brighteye Ventures, Outward VC, Flint Capital and Sparkmind.vc.
Transaction Type: Investment
Investment Amount: $6.200.000
Investors: Ananda Impact Ventures, Brighteye Ventures, Outward VC, Flint Capital, Sparkmind.vc
Co-founders: Ranbir Arora, Taras Polik
Country: United Kingdom (UK)
🎯 Restaurant management platform Nory raised funding.
Nory, an ai-powered operating system for hospitality businesses, has raised €7 million in Seed funding round. The investment round was led by Triple Point Ventures and Samaipata VC, with participation from Playfair Capital, Cavalry VC, Circlerock Capital and Anamcara Capital.
Transaction Type: Investment
Investment Amount: €7.000.000
Investors: Triple Point Ventures and Samaipata VC, Playfair Capital, Cavalry VC, Circlerock Capital, Anamcara Capital
Co-founders: Conor Sheridan
Country: Ireland
🎯 Mobile application Faks raised funding.
Faks, a medtech startup that provides exchanges between pharmacists and laboratories through a mobile app, has raised €5 million from Connect Ventures, Seedcamp and Cocoa Ventures.
Transaction Type: Investment
Investment Amount: €5.000.000
Investors: Connect Ventures, Seedcamp, Cocoa Ventures
Co-founders: Clément Goupy, Corentin Geoffray, Félix Pignard
Country: France
🎯 Risk assessment solution Amlyze raised funding.
Amlyze, an anti-financial crime solution for fintechs, neo-banks and crypto businesses, has raised €1 million in pre-Seed funding round. The investment round was led by Practica Capital, with participation from FIRSTPICK.
Transaction Type: Investment
Investment Amount: €1.000.000
Investors: Practica Capital, FIRSTPICK
Co-founders: Alexandre Pinot, Gabrielius Erikas Bilkstys, Jekaterina Govina
Country: Lithuania
🎯 Climate tech company Mitiga Solutions raised funding.
Mitiga Solutions, a climate tech startup that predicts and prevents natural hazards from becoming disasters using a mixture of high-performance computing, AI, and science, received an investment of €13.25 million in Series A funding round, led by Kibo Ventures. Microsoft Climate Innovation Fund, Nationwide Ventures, Faber Ventures and CREAS Impacto also participated in the investment round.
Transaction Type: Investment
Investment Amount: €13.250.000
Investors: Kibo Ventures, Microsoft Climate Innovation Fund, Nationwide Ventures, Faber Ventures, CREAS Impacto
Co-founders: Alejandro Marti, Mauricio Hanzich
Country: Spain
🛒 Lepaya acquires Krauthammer.
Corporate up-skilling provider Lepaya has acquired leadership training provider Krauthammer.
Transaction Type: Acquisition
Investors: Lepaya
Co-founders: –
Country: Belgium
🛒 Edenred acquires Reward Gateway.
French-based employee fintech Edenred has acquired global employee engagement company Reward Gateway for £1.15 billion from funds managed by Abry Partners and Castik Capital.
Transaction Type: Acquisition
Investors: Edenred
Co-founders: Chris Whitcombe, Glenn Elliott
Country: United States (US)
🛒 Ripple acquires Metaco.
US-based crypto company Ripple has acquired Swiss digital asset management solution Metaco, in a $250 million deal.
Transaction Type: Acquisition
Investors: Ripple
Co-founders: Adrien Treccani, Nicolas Dorier
Country: Switzerland
Other News:
📌 Europe’s early-stage VC Seedcamp has announced the close of its sixth fund at $180 million.
📌 Finland-base early-stage investor Lifeline Ventures has announced a new €150 million fund to back next-generation startups.
📌 Dublin-based Elkstone has announced the Ireland Strategic Investment Fund (ISIF) has committed to anchoring the final close of its €100 million early-stage Irish Venture Fund.
📌 DSW Ventures has closed a £2 million regional fund to invest in early-stage startups based in London, Cambridge and Oxford.
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