Last week, 18 startups in the European entrepreneurship ecosystem received investment. The headquarters of the startups that received investment were distributed as United Kingdom, Netherlands, France, Germany, Ireland, Denmark and Finland. 3 startup purchase has been also made.
Investments:
8 United Kingdom, 4 Netherlands, 2 France, 1 Germany, 1 Ireland, 1 Denmark, 1 Finland
Acquisitions:
1 Portugal, 1 Switzerland, 1 United Kingdom
Bonus:
1 UK-based startup acquires US-based company.
Sectors Received Investments:
4 FinTech
2 HealthTech
2 Climate Tech
1 Data
1 AgriTech
1 MedTech
1 HR Tech
1 Marketplace
1 BioTech
1 Energy
1 Information Technology
1 Artificial Intelligence
News of the Week
🎯 Credit card startup Yonder raised funding.
Rewards credit card startup Yonder, received an investment of £62.5 million in Series A funding round, co-led by Northzone and RTP Global. Joseph Moore, Kunal Shah, Sharmadean Reid, Matt Robinson and Rio Ferdinand also participated in the investment round.
Transaction Type: Investment
Investment Amount: £62.500.000
Investors: Northzone, RTP Global, Joseph Moore, Kunal Shah, Sharmadean Reid, Matt Robinson, Rio Ferdinand
Co-founders: Harry Jell, Theso Jivajirajah, Tim Chong
Country: United Kingdom (UK)
🎯 SME financing services provider Factris raised funding.
Factris, a startup that specializes in the fields of SME financing, factoring, debt management, debtor insurance, and invoice finance, received an investment of €50 million from Aegon Asset Management.
Transaction Type: Investment
Investment Amount: €50.000.000
Investors: Aegon Asset Management
Co-founders: Brice Laurent, Donatas Juodelis, Marcel Meijer
Country: Netherlands
🎯 API-first platform Triver raised funding.
Triver, an api-first platform for small businesses to receive credit, has raised £7 million from Stride, Axeleo Capital and Motive Partners, with scout investment from Andreessen Horowitz and Sequoia Capital.
Transaction Type: Investment
Investment Amount: £7.000.000
Investors: Stride, Axeleo Capital, Motive Partners, Andreessen Horowitz, Sequoia Capital
Co-founders: Jerome Le Luel
Country: United Kingdom (UK)
🎯 Expense management platform Mooncard raised funding.
Mooncard, a startup that provides corporate payment card that automates the management of expense claims and business expenses, received an investment of €37 million in Series C funding round. The investment round was led by Orange Ventures and Portage, with participation from Aglaé Ventures, Blackfin Capital Partners, Partech Partners and RAISE Ventures.
Transaction Type: Investment
Investment Amount: €37.000.000
Investors: Orange Ventures and Portage, Aglaé Ventures, Blackfin Capital Partners, Partech Partners, RAISE Ventures
Co-founders: Christophe Crémer, Damien Metzger, Renaud Vaillant, Tristan Leteurtre
Country: France
🎯 AI-supported diagnostic clinic software Smart Reporting raised funding.
Smart Reporting, an ai-based health tech startup that offers a digital health solution for structured medical reporting, has raised €15 million venture debt loan from European Investment Bank. InvestEU Programme has also backed the investment round.
Transaction Type: Investment
Investment Amount: €15.000.000
Investors: European Investment Bank, InvestEU Programme
Co-founders: Stefan Klussmann, Wieland Sommer
Country: Germany
🎯 Digital cancer support clinic Perci Health raised funding.
Perci Health, which provides holistic care, telehealth, and wellness treatment for cancer diseases, received an investment of £3.4 million in Seed funding round. The investment round was led by Octopus Ventures.
Transaction Type: Investment
Investment Amount: £3.400.000
Investors: Octopus Ventures
Co-founders: Kelly McCabe, Morgan Fitzsimons, Nicole Wassink, Paddy Rehill
Country: United Kingdom (UK)
🎯 Renewable energy platform Dexter Energy raised funding.
Dexter, a startup that offers forecasting and dispatching solutions based on AI and cloud-based technology, increasing efficiency and lowering costs, has raised €10.5 million in Series B funding round. The investment round was led by ETF Partners and Astelia, with participation from existing investors Rockstart, Newion and PDENH.
Transaction Type: Investment
Investment Amount: €10.500.000
Investors: ETF Partners, Astelia, Rockstart, Newion, PDENH
Co-founders: Hubert Penn, Luuk Veeken, Pieter Broekema
Country: Netherlands
🎯 Biodiversity measurement platform Pivotal raised funding.
Pivotal, which helps to transform the economics of biodiversity tracking and build a platform to measure biodiversity at scale, received an investment of £4.5 million in Seed funding round. The investment round was led Octopus Ventures and AENU, with participation from existing investors The Clearing Ventures and Pale Blue Dot.
Transaction Type: Investment
Investment Amount: £4.500.000
Investors: Octopus Ventures, AENU, The Clearing Ventures, Pale Blue Dot
Co-founders: Zoe Balmforth
Country: United Kingdom (UK)
🎯 Confidential computing startup Oblivious raised funding.
Oblivious, which builds tools to allow you to use your sensitive data with internal and external partners while keeping it private and secure, received an investment of €5.35 million in Seed funding round. The investment round was led by Cavalry Ventures, with participation from Act VC, Atlantic Bridge, Firestreak Ventures, Expeditions Fund and Hustle Fund.
Transaction Type: Investment
Investment Amount: €5.350.000
Investors: Cavalry Ventures, Act VC, Atlantic Bridge, Firestreak Ventures, Expeditions Fund, Hustle Fund
Co-founders: Jack Fitzsimons, Robert Pisarczyk
Country: Ireland
🎯 Natural insect protein maker Ÿnsect raised funding.
Ynsect, which provides products and services that operate in the agro-food and environmental biotech industries, has raised €160 million from undisclosed investors.
Transaction Type: Investment
Investment Amount: €160.000.000
Investors: –
Co-founders: Alexis Angot, Antoine Hubert, Fabrice Berro, Jean-Gabriel Levon
Country: France
🎯 Genomic data management platform Zetta Genomics raised funding.
Zetta Genomics, a medtech startup that manages large-scale genomic data for precision medicine, received an investment of £1.9 million in a Seed II funding round. The investment round was led by Nina Capital, with participation from APEX Ventures and Cambridge Enterprise.
Transaction Type: Investment
Investment Amount: £1.900.000
Investors: Nina Capitali APEX Ventures, Cambridge Enterprise
Co-founders: Ignacio Medina, William Spoonern
Country: United Kingdom (UK)
🎯 Employee morale platform Loopin raised funding.
Loopin, an ai-generated platform that coaches to produce high-performance and boost moral in the workforce, has raised £1.6 million in Seed funding round from undisclosed angel investors.
Transaction Type: Investment
Investment Amount: £1.600.000
Investors: Angel investors
Co-founders: Antony Thompson, Ben Williams
Country: United Kingdom (UK)
🎯 Camera-sharing platform Wedio raised funding.
Wedio, a camera sharing community for filmmakers and photographers, has raised €1.25 million in Seed funding round. The investment round was participated by Founderment Ventures and Vaekstfonden.
Transaction Type: Investment
Investment Amount: €1.250.000
Investors: Founderment Ventures, Vaekstfonden
Co-founders: Daniel V. Sand, Kasper Vesth, Morten Aebeloe
Country: Denmark
🎯 Protein maker eniferBio raised funding.
Biotechnology startup eniferBio, received an investment of €11 million in Series A funding round. The investment round was led by AquaSpark, with participation from Tesi, Valio, Voima Ventures and Nordic Foodtech VC.
Transaction Type: Investment
Investment Amount: €11.000.000
Investors: AquaSpark, Tesi, Valio, Voima Ventures, Nordic Foodtech VC
Co-founders: Anssi Rantasalo, Heikki Keskitalo, Joosu Kuivanen, Simo Ellilä, Ville Pihlajaniemi
Country: Finland
🎯 Alternative materials company E-magy raised funding.
E-magy, an advanced materials company that supplies nano-porous silicon for high-energy lithium-ion batteries, has raised €20.5 million from Hydro, Invest-NL, Rubio, SHIFT Invest and PDENH.
Transaction Type: Investment
Investment Amount: €20.500.000
Investors: Hydro, Invest-NL, Rubio, SHIFT Invest, PDENH
Co-founders: Casper Peeters
Country: Netherlands
🎯 Social impact platform Social Value Portal raised funding.
Social Value Portal, an online solution that allows organisations to measure and manage the contribution, received an investment of £8.5 million in Series B funding round. The investment round was led by Mercia Fund Managers and Beringea.
Transaction Type: Investment
Investment Amount: £8.500.000
Investors: Mercia Fund Managers, Beringea
Co-founders: Guy Battle
Country: United Kingdom (UK)
🎯 Vector database and cloud service Weaviate raised funding.
Weaviate, an ai-based startup that builds, maintains, and commercializes the open-source vector database, has raised $50 million in Series B funding round. The investment round was led by Index Ventures and includes Battery Ventures and existing investors NEA, Cortical Ventures, Zetta Venture Partners and ING Ventures.
Transaction Type: Investment
Investment Amount: $50.000.000
Investors: Index Ventures, Battery Ventures, NEA, Cortical Ventures, Zetta Venture Partners, ING Ventures
Co-founders: Bob van Luijt, Etienne Dilocker, Micha Verhagen
Country: Netherlands
🎯 Deep tech startup MetaGravity raised funding.
MetaGravity, a deep-tech startup that is pushing the boundaries of blockchain and the Metaverse, has raised $9.5 million in Seed funding round from Sino Global, Spartan Group LLC, Market One Capital, Gravity Fund, Perridon Holdings, Pancasila, Ex-Capital, Mulana, Cogitent Ventures, Agrippa Capital, K5 Global Ventures, Moonpay and Project Godijra.
Transaction Type: Investment
Investment Amount: $9.500.000
Investors: Sino Global, Spartan Group LLC, Market One Capital, Gravity Fund, Perridon Holdings, Pancasila, Ex-Capital, Mulana, Cogitent Ventures, Agrippa Capital, K5 Global Ventures, Moonpay, Project Godijra.
Co-founders: Rashid Mansoor, Tobin Ireland
Country: United Kingdom (UK)
🛒 Allurity acquires CloudComputing.
Tech-enabled cybersecurity service providers group Allurity has acquired Portugal-based cloud computing, mobility and information security service CloudComputing.
Transaction Type: Acquisition
Investors: Allurity
Co-founders: –
Country: Portugal
🛒 Allurity acquires Securix.
Tech-enabled cybersecurity service providers group Allurity has acquired Swiss security solutions company Securix.
Transaction Type: Acquisition
Investors: Allurity
Co-founders: –
Country: Switzerland
🛒 Flight Story acquires Zebu Digital.
Retail investor community Flight Story has acquired Zebu Digital, web3 and emerging technologies-focused marketing agency.
Transaction Type: Acquisition
Investors: Flight Story
Co-founders: Jolyon Layard Horsfall, Henry Hankin
Country: United Kingdom (UK)
🛒 Caxton Payments acquires nimbl.
Financial payments technology company Caxton has acquired nimbl, which offers parents a safe and secure environment to help their children develop financial confidence and independence.
Transaction Type: Acquisition
Investors: Caxton Payments
Co-founders: –
Country: United States (US)
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