This week, more than 65 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds between February 24 – 28:
Investments:
1 Poland, 1 Switzerland, 1 Denmark, 1 Spain, 1 United Kingdom (UK)
Sectors Received Investments:
1 Robotics
1 Artificial Intelligence
1 CleanTech
1 Wealth Management
1 Spacetech
News of the Week
🎯 Robotics startup Nomagic raised $44 million.
Nomagic, which provides smart pick and place robotic solutions for order fulfillment, has raised $44 million in Series B funding round from EBRD Venture Capital, Khosla Ventures, SignalRank Corporation and Almaz Capital.
Transaction Type: Investment
Investors: EBRD Venture Capital, Khosla Ventures, SignalRank Corporation, Almaz Capital
Co-founders: Kacper Nowicki
Headquarters: Poland
🎯 Wealth management platform Unique raised $30 million.
Unique, an AI platform for financial firms, has raised $30 million in Series A funding round from CommerzVentures , DN Capital, VI Partners and Pictet Group.
Transaction Type: Investment
Investors: CommerzVentures , DN Capital, VI Partners, Pictet Group
Co-founders: Manuel Grenacher
Headquarters: Switzerland
🎯 Maritimetech startup ZeroNorth raised $20 million.
ZeroNorth, which offers six core services, which harness data and AI to create insights that enable voyage, vessel, and bunker optimisation and commercial decision-making, has raised $20 million round from CIBC Innovation Banking.
Transaction Type: Investment
Investors: CIBC Innovation Banking
Co-founders: Søren Meyer
Headquarters: Denmark
🎯 End-to-end wealth management platform Flanks raised €14 million.
Flanks, an end-to-end wealth management platform, has raised €14 million in an equity round, led by Motive Ventures. Battery Ventures, Earlybird, JME Ventures, and 4Founders Capital also participated in the investment round.
Transaction Type: Investment
Investors: Motive Ventures, Battery Ventures, Earlybird, JME Ventures, 4Founders Capital
Co-founders: Joaquim de la Cruz
Headquarters: Spain
🎯 Spacetech startup Magdrive raised $10.5 million.
Magdrive, which develops advanced electric propulsion systems for satellites and spacecraft, has raised $10.5 million in Seed funding round from Redalpine.
Transaction Type: Investment
Investors: Redalpine
Co-founders: Mark Stokes
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]