This week, more than 65 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between April 15 – 19:
Investments:
2 United Kingdom (UK), 1 Denmark, 1 Germany, 1 Ireland, 1 Switzerland, 1 Belgium
Sectors Received Investments:
2 Financial Services
1 Energy Management & Software
1 Manufacturing & Automotive
1 Biotechnology
1 Therapeutics
1 AI & Productivity Tools
News of the Week
🎯 Payment software provider Flatpay raised €45 million.
Flatpay, which provides payment software for SMBs, has raised €45 million in Series B funding round, led by Dawn Capital. Seed Capital also participated in the investment round.
Transaction Type: Investment
Investors: Dawn Capital, Seed Capital
Co-founders: Sander Janca-Jensen, Rasmus Busk, Rasmus Hellmund Carlsen, Peter Lüth
Headquarters: Denmark
🎯 SaaS platform finmid raised €35 million.
Finmid, which enables software companies to integrate financial services into their product portfolio through a single API integration, has raised €35 million in early stage funding round from Blossom Capital, Earlybird VC and Max Tayenthal.
Transaction Type: Investment
Investors: Blossom Capital, Earlybird VC, Max Tayenthal
Co-founders: Max Schertel, Alexander Talkanitsa
Headquarters: Germany
🎯 Asset management provider GridBeyond raised €52 million.
GridBeyond, which provides wireless energy management and control systems for retail, commercial and industrial users, has raised €52 million in Series C funding round. The investment round was led by The round was led by Alantra’s Energy Transition Fund and Klima, with participation from Energy Impact Partners, Mirova, ABB, Constellation, Yokogawa Electric Corporation and Act Venture Capital.
Transaction Type: Investment
Investors: Alantra’s Energy Transition Fund and Klima, Energy Impact Partners, Mirova, ABB, Constellation, Yokogawa Electric Corporation, Act Venture Capital
Co-founders: Michael Phelan
Headquarters: Ireland
🎯 Natural fibre composite provider Bcomp raised $40 million.
Bcomp, which provides natural fibre composites for the mobility, has raised $40 million in Series C funding round. The investment round was led by EGS Beteiligungen AG (EGSB), with participation from Verve Ventures, Zürcher Kantonalbank, RKKVC, Generali and Airbus Ventures.
Transaction Type: Investment
Investors: EGS Beteiligungen AG, Verve Ventures, Zürcher Kantonalbank, RKKVC, Generali, Airbus Ventures
Co-founders: Christian Fischer, Julien Rion
Headquarters: Switzerland
🎯 Clinical stage biotechnology company Theolytics raised £19 million.
Theolytics, a biotechnology company that develops oncolytic viral therapies, has raised £19 million from Sound Bioventures, M Ventures, Taiho Ventures, Epidarex Capital, Oxford Science Enterprises and the University of Oxford.
Transaction Type: Investment
Investors: Sound Bioventures, M Ventures, Taiho Ventures, Epidarex Capital, Oxford Science Enterprises, the University of Oxford.
Co-founders: Margaret Duffy
Headquarters: United Kingdom (UK)
🎯 AI startup Cognivia raised €15.5 million.
Cognivia combines quantification of patient psychology with artificial intelligence / machine learning to improve measurement of therapeutic efficacy in clinical trials, has raised €15.5 million from Vesalius Biocapital IV, SFPIM and WE.
Transaction Type: Investment
Investors: Vesalius Biocapital IV, SFPIM, WE
Co-founders: –
Headquarters: Belgium
🎯 AI-powered field world management platform FYLD raised £12 million.
FYLD, which provides real-time remote visibility and data analytics capabilities, has raised £12 million from Ontario Teachers’ Pension Plan.
Transaction Type: Investment
Investors: Ontario Teachers’ Pension Plan
Co-founders: Anish Patel, Shelley Copsey, Karl Simons
Headquarters: United Kingdom (UK)
🟥 StartupCentrum
Find the best startup jobs or launch your future unicorn company, meet the best talents and startups, and get in contact with international accelerators and investors to grow!
For more information startupcentrum.com
To take part in the StartupCentrum Entrepreneurship Ecosystem Summary of Turkey, MENA or Europe series and to be our supporter: [email protected]