Weekly Startup Ecosystem Overview in Europe / February 19 – 23

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This week, more than 65 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between February 12 – 16:

Investments:

3 France, 1 Italy

Secondary Transactions:

1 United Kingdom (UK), 1 France

Sectors Received Investments:

1 Health Care & Medical Device

1 Online Portals & Beauty

1 AI & Biotechnology

1 Medical & Software

News of the Week

🎯 Robotics company Medical Microinstruments raised $110 million.

MMI, which provides robotic technology that opens new opportunities for surgeons to restore quality of life for patients with complex conditions, has raised $110 million in Series C funding round from Fidelity Management & Research Company.

Transaction Type: Investment

Investors: Fidelity Management & Research Company

Co-founders:

Headquarters: Italy

🎯 Online booking platform Planity raised $50 million.

Planity, an online booking platform for beauty appointments, including haircuts, beauty salons, barbers, manicures and spas, has raised $50 million in Series C funding round, led by InfraVia Capital Partners. Crédit Mutuel Innovation, Revaia and Bpifrance Digital Venture also participated in the investment round.

Transaction Type: Investment

Investors: InfraVia Capital Partners, Crédit Mutuel Innovation, Revaia, Bpifrance Digital Venture

Co-founders: Antoine Puymirat

Headquarters: France

🎯 Biotechnology company Bioptimus raised $35 million.

Bioptimus, which builds a universal AI foundation model in biology to drive advancements in scientific research and biotechnological innovation, has raised $35 million in Seed funding round. The investment round was led by Sofinnova Partners and Bpifrance Large Venture, with participation from Frst, Cathay Innovation, Headline, Hummingbird, NJF Capital, Owkin and Top Harvest Capital and Xavier Niel.

Transaction Type: Investment

Investors: Sofinnova Partners, Bpifrance Large Venture, Frst, Cathay Innovation, Headline, Hummingbird, NJF Capital, Owkin and Top Harvest Capital, Xavier Niel

Co-founders: Eric Durand, Felipe Llinares López, Jean-Philippe Vert, Rodolphe Jenatton, Zelda Mariet

Headquarters: France

🎯 Medtech startup AZmed raised €15 million.

AZmed, a medtech startup that offers innovative solutions to optimize healthcare specialists’ workflow by using AI, has raised €15 million in Series A funding round from Maison Worms, Techstars and Tempact Ventures.

Transaction Type: Investment

Investors: Maison Worms, Techstars, Tempact Ventures

Co-founders: Alexandre Attia, Elie Zerbib-Attal, Julien Vidal

Headquarters: France

🛒 Conscia acquires ITGL.

IT infrastructure provider Conscia has acquired digital transformation provider ITGL.

Transaction Type: Acquisition

Investors: Conscia

Co-founders:

Headquarters: United Kingdom (UK)

🛒 ShortPixel acquires ReSmush.it.

Image optimization company ShortPixel has acquired image optimization tools provider ReSmush.it.

Transaction Type: Acquisition

Investors: ShortPixel

Co-founders:

Headquarters: France

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