This week, more than 70 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between April 1 – 5:
Investments:
3 France, 2 United Kingdom (UK), 1 Sweden, 1 Finland
Sectors Received Investments:
1 Pigment
1 Car Sharing
1 Financial Services
1 Biotechnology
1 Machine Learning & AI
1 Real Estate
News of the Week
🎯 Business planning platform Pigment raised $145 million.
Pigment, a business planning platform that helps organisations plan ahead and make better strategic decisions, has raised $145 million in Series D funding round, led by ICONIQ Growth. Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital also participated in the investment round.
Transaction Type: Investment
Investors: ICONIQ Growth, Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks, Felix Capital
Co-founders: –
Headquarters: France
🎯 Long distance carpooling platform BlaBlaCar raised €100 million.
BlaBlaCar, a long distance carpooling platform that connects drivers with empty seats and passengers to share travel costs, has raised €100 million in debt financing from several big banks in France, United Kingdom, and United States.
Transaction Type: Investment
Investors: –
Co-founders: Nicolas Brusson
Headquarters: France
🎯 Debt financing platform Scayl raised €100 million.
Scayl, which provides fintechs building credit products with access to transparent funding structures, has raised €100 million from network of banks.
Transaction Type: Investment
Investors: –
Co-founders: Medjit Yalmaz, Patrik Blomdahl, Jatin Goyal
Headquarters: Sweden
🎯 Food-based biotechnology company Onego Bio raised $40 million.
Onego Bio, a food-based biotechnology company that provides precision fermentation to manufacture real egg protein entirely animal-free, has raised $40 million in Series A funding roundi led by NordicNinja. Tesi, EIT Food, Agronomics, Maki.vc, Holdix and Turret also participated in the investment round.
Transaction Type: Investment
Investors: NordicNinja, Tesi, EIT Food, Agronomics, Maki.vc, Holdix, Turret
Co-founders: Maija Itkonen
Headquarters: Finland
🎯 Artificial intelligence platform Luminance raised $40 million.
Luminance, which applies supervised and unsupervised machine learning to the process of document review, has raised $40 million in Series B funding round. The investment round was led by March Capital, with participation from National Grid Partners and Slaughter and May.
Transaction Type: Investment
Investors: March Capital, National Grid Partners, Slaughter and May
Co-founders: –
Headquarters: United Kingdom (UK)
🎯 Property tech startup Coadjute raised £10 million.
Coadjute, which offers a blockchain open network that cuts the cost and increases the speed of property transactions, has raised £10 million from Lloyds Banking Group, Nationwide, NatWest and Rightmove.
Transaction Type: Investment
Investors: Lloyds Banking Group, Nationwide, NatWest, Rightmove
Co-founders: John Reynolds
Headquarters: United Kingdom (UK)
🎯 Climate data startup Iceberg Data Lab raised $10 million.
Iceberg Data Lab, which offers financial companies with environmental data solutions to report and manage environmental impact, has raised $10 million in Series A funding. The investment round was led by Beringea, with participation from MAIF Avenir and AXA Investment Managers.
Transaction Type: Investment
Investors: Beringea, MAIF Avenir, AXA Investment Managers
Co-founders: Matthieu Maurin
Headquarters: France
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