Last week, 13 startups in the European entrepreneurship ecosystem received investment. The headquarters of the startups that received investment were distributed as Germany, Austria, Czech Republic, Sweden, Estonia, Netherlands, Switzerland, Italy, Ireland and France. 1 startup purchase has been also made.
Investments:
4 Germany, 1 Austria, 1 Czech Republic, 1 Sweden, 1 Estonia, 1 Netherlands, 1 Switzerland, 1 Italy, 1 Ireland, 1 France
Acquisitions:
1 Sweden
Bonus:
1 Finland-based startup acquires US-based company.
Sectors Received Investments:
2 Artificial intelligence
1 Software
1 Climate Tech
1 Mobility
1 Web3
1 Insurtech
1 Food Tech
1 Climate Tech
1 AgriTech
1 FinTech
1 Logistics
1 Energy
News of the Week
🎯 Supply chain risk platform Prewave raised funding.
Prewave, an ai-based risk and sustainability monitoring platform for purchasing, supply chain and sustainability managers, has raised $20 million in Series A+ funding round. The investment round was led by Creandum, with participation from Ventech, KOMPAS, seed+speed, Segnalita, Speedinvest, Working Capital Fund and xista science ventures.
Transaction Type: Investment
Investment Amount: $20.000.000
Investors: Creandum, KOMPAS, seed+speed, Segnalita, Speedinvest, Working Capital Fund, xista science ventures
Co-founders: Harald Nitschinger, Lisa Smith
Country: Austria
🎯 Computer vision and automation service Everseen raised funding.
Everseen, a startup that provides visual AI solutions to improve retail business processes and prevent theft, has raised €65 million in Series A funding round, led by Crosspoint Capital Partners.
Transaction Type: Investment
Investment Amount: €65.000.000
Investors: Crosspoint Capital Partners
Co-founders: Alan O’Herlihy
Country: Ireland
🎯 Digital onboarding platform Product Fruits raised funding.
Product Fruits, which enriches web application with interactive guides, hints, tips and tricks, and customer feedback, has raised €1.6 million in Seed funding round, co-led by Leverage and Venture to Future Fund. Lighthouse Ventures also participated in the investment round.
Transaction Type: Investment
Investment Amount: €1.600.000
Investors: Leverage, Venture to Future Fund, Lighthouse Ventures
Co-founders: Karel Papík, Ladislav Šalom
Country: Czech Republic
🎯 Sustainability performance platform Improvin’ raised funding.
Agri-food industry-focused sustainability performance platform Improvin’ received an investment of €3.5 million in Seed funding round. The Seed round was led by Pale Blue Dot and Dynamo Ventures, with participation from Axel Johnson, Atomico’s Angel Programme, PINC and LRF Ventures.
Transaction Type: Investment
Investment Amount: €3.500.000
Investors: Pale Blue Dot and Dynamo Ventures, Axel Johnson, Atomico’s Angel Programme, PINC, LRF Ventures
Co-founders: –
Country: Sweden
🎯 E-mobility company Jolt Energy raised funding.
Ultra-fast high-power charger developer Jolt Energy, has received €150 million investment from InfraRed Capital Partners.
Transaction Type: Investment
Investment Amount: €150.000.000
Investors: InfraRed Capital Partners
Co-founders: Maurice P. Neligan
Country: Germany
🎯 Observability platform Blocktorch raised funding.
Blocktorch, a multi-chain observability platform that empowers web3 developers to scale every decentralized component globally, has raised $4.2 million in Seed funding round. The investment round was led by Ideo CoLab Ventures, with participation from Speedinvest, RockawayX, Alchemy Ventures, Remote First Ventures, Bryce Ferguson, Charlie Songhurst, Simon Jones, Andreas Klinger, Max Stoeckl, Henry Chen, Felix Wolf and Entrepreneur First.
Transaction Type: Investment
Investment Amount: $4.200.000
Investors: Ideo CoLab Ventures, Speedinvest, RockawayX, Alchemy Ventures, Remote First Ventures, Bryce Ferguson, Charlie Songhurst, Simon Jones, Andreas Klinger, Max Stoeckl, Henry Chen, Felix Wolf, Entrepreneur First.
Co-founders: Amine Afia, Gerald Pollak
Country: Germany
🎯 Satellite-based insurtech solution Value.Space raised funding.
Value.Space, a satellite-based risk assessment and monitoring system, received an investment of €2.1 million from Specialist VC, Superangel, Lemonade Stand, Inventure, BADideas.fund, Amalfi and Linnar Viik.
Transaction Type: Investment
Investment Amount: €2.100.000
Investors: Specialist VC, Superangel, Lemonade Stand, Inventure, BADideas.fund, Amalfi, Linnar Viik
Co-founders: Reijo Pold
Country: Estonia
🎯 Fermentation platform Farmless raised funding.
Foodtech startup Farmless, has raised €1.2 million in pre-Seed funding round. The investment round was co-led by Revent, Nucleus Capital and Possible Ventures HackCapital, with participation from Sustainable Food Ventures, VOYAGERS Climate-Tech Fund, TET Ventures and angel investors.
Transaction Type: Investment
Investment Amount: €1.200.000
Investors: Revent, Nucleus Capital, Possible Ventures HackCapital, Sustainable Food Ventures, VOYAGERS Climate-Tech Fund, TET Ventures, angel investors
Co-founders: Adnan Oner
Country: Netherlands
🎯 EV battery developer Voltfang raised funding.
Voltfang, which develops home storage solutions for private houses using recycled traction batteries, received an investment of €5 million, led by PT1 – PropTech1 Ventures, with participation from Helen Ventures, Aurum Impact, Eviny, AENU.
Transaction Type: Investment
Investment Amount: €5.000.000
Investors: PT1 – PropTech1 Ventures, Helen Ventures, Aurum Impact, Eviny, AENU
Co-founders: Afshin Doostdar, David Oudsandji, Roman Alberti
Country: Germany
🎯 Agriculture tech company Ecorobotix raised funding.
EcoRobotix, which provides AI powered plant-by-plant recognition and ultra-high precision crop treatment, has raised $52 million in Series B funding round. The investment round was co-led by Aqton PE and Cibus Capital, with Swisscanto Invest/Swisscanto Growth Fund I, Yara Growth Ventures, Flexstone Partners, Swisscom Ventures, BASF Venture Capital, 4FOX Ventures and Verve Ventures.
Transaction Type: Investment
Investment Amount: $52.000.000
Investors: Aqton PE and Cibus Capital, Swisscanto Invest/Swisscanto Growth Fund I, Yara Growth Ventures, Flexstone Partners, Swisscom Ventures, BASF Venture Capital, 4FOX Ventures, Verve Ventures.
Co-founders: Aurelien G. Demaurex, Steve Tanner
Country: Switzerland
🎯 Revenue-based fintech Viceversa raised funding.
Viceversa, which provides capital to European digital businesses to support companies in sustainable and ethical growth, received an investment of €10 million in Series A funding round, led CDP Venture Capital. Azimut Libera Impresa SGR, Kairos Partners SGR, Italian Angels for Growth (IAG), Fabrick, Raffaele Terrone and Paolo Galvani also participated in the investment round.
Transaction Type: Investment
Investment Amount: €10.000.000
Investors: CDP Venture Capital, Azimut Libera Impresa SGR, Kairos Partners SGR, Italian Angels for Growth (IAG), Fabrick, Raffaele Terrone, Paolo Galvani
Co-founders: Matteo Masserdotti, Patrick David, Pedro Machado Salvi, Pietro Pogliani
Country: Italy
🎯 Aircraft maker Wingcopter raised funding.
Wingcopter, a manufacturer of unmanned eVTOL fixed-wing aircrafts for commercial and humanitarian applications, has received a €40 million from European Investment Bank (EIB).
Transaction Type: Investment
Investment Amount: €40.000.000
Investors: European Investment Bank
Co-founders: Ansgar Kadura, Jonathan Hesselbarth, Tom Plümmer
Country: Germany
🎯 EV charging infrastructure builder Driveco raised funding.
Driveco, which offers a charging station for electric vehicles, has raised €250 million APG, Corsica Sole and Mirova.
Transaction Type: Investment
Investment Amount: €250.000.000
Investors: APG, Corsica Sole, Mirova
Co-founders: Ion Leahu-Aluas
Country: France
🛒 Verified acquires Pliance.
Compliance solutions company Verified has acquired Pliance, a regtech start-up specialising in automated financial crime compliance.
Transaction Type: Acquisition
Investors: Verified
Co-founders: Adam Fürtenbach, Siam Choudhury, Tomas Einarsson
Country: Sweden
🛒 Ōura acquires Proxy.
Finland-based wearable tech company Ōura has acquired US startup Proxy.
Transaction Type: Acquisition
Investors: Ōura
Co-founders: Denis Mars, Simon Ratner
Country: United States (US)
Other News:
📌 UK-based venture capital firm Felix Capital has received its B Corp certification with a score of 100.1. It becomes the first VC firm in Europe with over $1 billion in AUM.
📌 Sweden-based climate tech VC firm Pale blue dot has announced the close of its second fund at €93 million.
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