This week, more than 75 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between December 2 – 6:
Investments:
3 Germany, 2 United Kingdom (UK), 1 France, 1 Switzerland
Sectors Received Investments:
1 Analytics & AI
1 Human Resources
1 Legal Tech
1 Enterprise Applications
1 Advanced Materials
1 Biotechnology
1 Cryptocurrency
News of the Week
🎯 AI-powered analytics platform 9fin raised $50 million.
9fin, an AI-powered analytics platform designed for credit analysis and mandate acquisition, has raised $50 million in Series B funding round, led by Highland Europe. Spark Capital, Redalpine, Seedcamp, 500 Startups and Ilavska Vuillermoz Capital also participated in the investment round.
Transaction Type: Investment
Investors: Highland Europe, Spark Capital, Redalpine, Seedcamp, 500 Startups, Ilavska Vuillermoz Capital
Co-founders: Steven Hunter
Headquarters: United Kingdom (UK)
🎯 Digital coaching platform CoachHub raised €40 million.
CoachHub, a digital coaching platform that enables organizations to provide personalized coaching programs for their employees, has raised €40 million in growth funding round from HSBC Innovation Banking.
Transaction Type: Investment
Investors: HSBC Innovation Banking
Co-founders: Matti Niebelschütz
Headquarters: Germany
🎯 Legaltech startup Lawhive raised $40 million.
Lawhive, which operates an AI-powered platform for lawyers, providing them with tools covering workflow management, compliance and payments, has raised $40 million in Series A funding round, led by Google Ventures. TQ Ventures, Balderton Capital, Jigsaw, Episode 1, Harry Maguire and Reece James also participated in the investment round.
Transaction Type: Investment
Investors: Google Ventures, TQ Ventures, Balderton Capital, Jigsaw, Episode 1, Harry Maguire, Reece James
Co-founders: Pierre Proner, Jaime Van Oers, Flinn Dolman
Headquarters: United Kingdom (UK)
🎯 Carbon management solution carbmee €20 million.
carbmee, an ai-powered carbon management software, has raised €20 million from CommerzVentures and Fly Ventures.
Transaction Type: Investment
Investors: CommerzVentures, Fly Ventures
Co-founders: Christian Heinrich, Robin Spickers
Headquarters: Germany
🎯 Space materials startup FibreCoat raised €20 million.
FibreCoat, which produces thermoplastic-coated fibres for composites and aluminium-coated fibres for shielding applications, has raised €20 million in Series B funding round from NewSpace Capital, Goose Capital, Nova Saint-Gobain, 212 NexT, Otto Krahn New Business, Convergent Ventures and TiE.
Transaction Type: Investment
Investors: NewSpace Capital, Goose Capital, Nova Saint-Gobain, 212 NexT, Otto Krahn New Business, Convergent Ventures, TiE
Co-founders: Dr. Robert Brüll
Headquarters: Germany
🎯 Precision oncology startup Orakl Oncology raised €11 million.
Orakl Oncology, a precision oncology company that combines data and biology to bring new drugs to cancer patients, has raised €11 million in Seed funding round, led by Singular. Bpifrance also participated in the investment round.
Transaction Type: Investment
Investors: Singular, Bpifrance
Co-founders: Fanny Jaulin, Diane-Laure Pagès, Gustave Ronteix
Headquarters: France
🎯 Digital finance platform Brighty raised $10 million.
Brighty, a mobile digital finance app with fiat and stablecoin accounts, cards linked to any of the two, and earning features, has raised $10 million from Futurecraft Ventures.
Transaction Type: Investment
Investors: Futurecraft Ventures
Co-founders: Roger Buerli
Headquarters: Switzerland
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