This week, more than 60 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between August 26 – 30:
Investments:
2 United Kingdom (UK), 1 Finland, 1 Denmark
Secondary Transactions:
1 Norway, 1 Germany, 1 The Netherlands
Sectors Received Investments:
1 E-Commerce & Shopping
1 CleanTech
1 Recruiting & HR
1 Cyber Security
News of the Week
🎯 Online shopping platform Tilt raised $18 million.
Tilt, a real-time shopping app that allows users to buy through videos, live streams, and earn rewards, has raised $18 million in Series A funding round, led by Balderton Capital. TQ Ventures, Earlybird and Seedcamp also participated in the investment round.
Transaction Type: Investment
Investors: Balderton Capital, TQ Ventures, Earlybird, Seedcamp
Co-founders: Neil Shah, Abhi Thanendran
Headquarters: United Kingdom (UK)
🎯 Cleantech startup Sunswap raised £17.3 million.
Sunswap which designs, develops, and manufactures batteries and solar-powered transport refrigeration units, has raised £17.3 million. The investment round was led by BGF, with participation from Shell Ventures, Move Energy, Barclays and Clean Growth Fund.
Transaction Type: Investment
Investors: BGF, Shell Ventures, Move Energy, Barclays, Clean Growth Fund
Co-founders: Andrew Sucis, Michael Lowe
Headquarters: United Kingdom (UK)
🎯 Online recruitment platform Jobilla raised €6 million.
Jobilla, an online recruitment platform that facilitates efficient and ethical matching between employers and job seekers, has raised €6 million from Juuri Partners, Trind VC, Business Finland and Matti Vikkula.
Investors: Juuri Partners, Trind VC, Business Finland, Matti Vikkula
Co-founders: Henri Nordström, Tommi Siro
Headquarters: Finland
🎯 Cybersecurity solution provider Uniqkey raised €5.35 million.
Uniqkey, which automates employee logins and empowers IT with centralized access management to make businesses more secure and productive, has raised €5.35 million from BackingMinds.
Transaction Type: Investment
Investors: BackingMinds
Headquarters: Denmark
🛒 Ripple Operations acquires AdonisHR.
Maritime software company Ripple Operations has acquired crew management and payroll software solutions provider AdonisHR.
Transaction Type: Acquisition
Investors: Ripple Operations
Headquarters: Norway
🛒 BrowserStack acquires Bird Eats Bug.
Software testing platform BrowserStack has acquired bug reporting tool Bird Eats Bug.
Transaction Type: Acquisition
Investors: BrowserStack
Headquarters: Germany
🛒 Podimo acquires Tonny Media.
Open podcast platform Podimo has acquired podcast production house Tonny Media.
Transaction Type: Acquisition
Investors: Podimo
Co-founders: Titus van Dijk, Jaap Reesema, Sander Schimmelpenninck
Headquarters: The Netherlands
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