Weekly Startup Ecosystem Overview in Europe / January 27 – 31

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This week, more than 65 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds between January 27 – 31:

Investments:

1 Spain, 3 France, 1 Switzerland, 1 Germany

Sectors Received Investments:

1 Travel Tech

1 Quantum Computing

1 Banking

1 Hospitality

1 Environmental Consulting

1 Green Tech

News of the Week

🎯 Travel platform TravelPerk raised $200 million.

TravelPerk, a SaaS providing business travel and expense management services for travelers, has raised $200 million in Series E funding round, led by Atomico. EQT Growth, Noteus Partners, Kinnevik and General Catalyst also participated in the investment round.

Transaction Type: Investment

Investors: Atomico, EQT Growth, Noteus Partners, Kinnevik, General Catalyst

Co-founders: Avi Meir, Ron Levin

Headquarters: Spain

🎯 Quantum computing startup Alice & Bob raised €100 million.

Alice & Bob, a quantum computing startup, has raised €100 million in Series B funding round. The investment round was led by Future French Champions, with participation from AXA Venture Partners and Bpifrance.

Transaction Type: Investment

Investors: Future French Champions, AXA Venture Partners, Bpifrance

Co-founders: Théau Péronnin

Headquarters: France

🎯 Embedded finance platform Swan raised €42 million.

Swan, a banking-as-a-service platform that offers the easiest way for companies to embed accounts, cards and payments into their own product, has raised €42 million in Series B funding round, led by Eight Roads Ventures. Lakestar, Accel, Creandum, Hexa and Bpifrance also participated in the investment round.

Transaction Type: Investment

Investors: Eight Roads Ventures, Lakestar, Accel, Creandum, Hexa, Bpifrance

Co-founders: Mathieu Breton, Nicolas Benady

Headquarters: France

🎯 Event tech startup Naboo raised €20 million.

Naboo, which specialises in simplifying corporate events planning, has raised €20 million in Series A funding round from Notion Capital.

Transaction Type: Investment

Investors: Notion Capital

Co-founders: Maxime Eduardo

Headquarters: France

🎯 Novel technology developer Oxyle raised $15.7 million.

Oxyle, a novel technology developer that degrades hazardous micropollutants from wastewater, such as pesticides, chemicals etc., has raised $15.7 million from 360 Capital, Axeleo Capital, Founderful and SOSV.

Transaction Type: Investment

Investors: 360 Capital, Axeleo Capital, Founderful, SOSV

Co-founders: Dr. Fajer Mushtaq

Headquarters: Switzerland

🎯  Greentech startup OCELL raised €10 million.

OCELL, which innovates in forestry software and analytics, enabling forest enterprises to manage their forests more sustainably and efficiently, has raised €10 million in Series A funding round from Capnamic, Bayern Kapital, AENU and Summiteer.

Transaction Type: Investment

Investors: Capnamic, Bayern Kapital, AENU, Summiteer

Co-founders: Christian Decher, David Dohmen, Felix Horvat

Headquarters: Germany

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