This week, more than 50 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondry transactions between July 10 – 15:
Investments:
4 France, 3 Germany, 3 United Kingdom (UK), 2 Netherlands, 2 Norway, 1 Belgium
Acquisitions:
2 Ireland, 1 Norway, 1 United Kingdom (UK)
Bonus:
1 Dublin-based startup acquires US-based company.
Sectors Received Investments:
2 Fintech
1 Air Transportation
1 Semiconductor
1 Renewable Energy
1 Agritech
1 Artificial Intelligence
1 Waste Management
1 Mobility
1 Logictics
1 Product Research
1 Manufacturing
1 Health Care
1 Insurtech
News of the Week
🎯 Fintech firm Defacto raised funding.
Defacto, a fintech firm that offers short term financing for small and medium companies via an embedded, API-first approach, has raised €167 million in debt funding round from Citi and Viola Credit.
Transaction Type: Investment
Investment Amount: €167.000.000
Investors: Citi, Viola Credit
Co-founders: Jordane Giuly, Morgan O’hana, Marc-Henri Gires
Country: France
🎯 Embedded finance platform Solaris raised funding.
Solaris, a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs, has raised €38 million in Series F funding round from Samsung Catalyst Fund, FJ Labs, Lakestar and BBVA.
Transaction Type: Investment
Investment Amount: €38.000.000
Investors: Samsung Catalyst Fund, FJ Labs, Lakestar, BBVA
Co-founders: Andreas Bittner, Marko Wenthin
Country: Germany
🎯 Aircraft company Lilium raised funding.
Lilium, an aircraft company that is developing an electrically powered aircraft, has raised $192 million in shares sale and matching contribution from Tencent.
Transaction Type: Investment
Investment Amount: $192.000.000
Investors: Tencent (Post-IPO Equity)
Co-founders: Daniel Wiegand, Matthias Meiner, Patrick Nathen, Sebastian Born
Country: Germany
🎯 Independent foundry SMART-Photonics raised funding.
SMART-Photonics, a pure-play foundry for Indium Phosphide photonics semiconductors, has raised €100 million in debt-financing round from Rabobank, Innovation Industries, Government of the Netherlands, ASML, Brabant Development, VDL Groep, KPN Ventures, PhotonDelta and NXP Semiconductors.
Transaction Type: Investment
Investment Amount: €100.000.000
Investors: Rabobank, Innovation Industries, Government of the Netherlands, ASML, Brabant Development, VDL Groep, KPN Ventures, PhotonDelta, NXP Semiconductors
Co-founders: Luc Augustin, Maarten Wellens, Richard Visser
Country: Netherlands
🎯 Clean battery solution provider Freyr Battery raised funding.
FREYR, which develops clean battery solutions for industrial-scale applications, with a focus on reducing global emissions, has raised €100 million from EU Innovation Fund.
Transaction Type: Investment
Investment Amount: €100.000.000
Investors: EU Innovation Fund
Co-founders: Peter Matrai, Tom Einar Jensen, Torstein Dale Sjøtveit
Country: Norway
🎯 Agritech and portfolio company Aphea.Bio raised funding.
Aphea.Bio, which offers research and development in the areas of bioinsecticides and bioherbicides, has raised €70 million in Series C funding round. The investment round was led by Innovation Industries, with participation from Bill & Melinda Gates Foundation, Korys, BNP Paribas Fortis, SFPIM, Astanor Ventures, European Circular Bioeconomy Fund and Agri Investment Fund.
Transaction Type: Investment
Investment Amount: €70.000.000
Investors: Innovation Industries, Bill & Melinda Gates Foundation, Korys, BNP Paribas Fortis, SFPIM, Astanor Ventures, European Circular Bioeconomy Fund, Agri Investment Fund
Co-founders: Isabel Vercauteren
Country: Belgium
🎯 Preclinical discovery platform Causaly raised funding.
Causaly, which develops a biomedical research discovery tool designed to find and unlock key hidden evidence in biomedicine, has raised $60 million in Series B funding round led by ICONIQ Growth. Alex Gorsky, Index Ventures, EBRD (Investment Firm), Olivier Pomel and Marathon Venture Capital also participated in the invesment round.
Transaction Type: Investment
Investment Amount: $60.000.000
Investors: ICONIQ Growth, Alex Gorsky, Index Ventures, EBRD (Investment Firm), Olivier Pomel, Marathon Venture Capital
Co-founders: Artur Saudabayev, Yiannis Kiachopoulos
Country: United Kingdom (UK)
🎯 Recycling company Wastefront raised funding.
Wastefront, a rubber waste recycling company that converts old tyres into new commodities, has raised $43 million, with a strategic partnership with Dutch energy company VTTI.
Transaction Type: Investment
Investment Amount: $43.000.000
Investors: VTTI
Co-founders: –
Country: Norway
🎯 Charging automation company Rocsys raised funding.
Rocsys, which provides autonomous robotic chargers for electric vehicles, has raised €33 million (approximately $36 million) in Series A funding round. The investment round was led by SEB Greentech Venture Capital, with participation from Graduate Entrepreneur, the European Investment Bank and Forward.One.
Transaction Type: Investment
Investment Amount: €33.000.000
Investors: SEB Greentech Venture Capital, Graduate Entrepreneur, European Investment Bank, Forward.one
Co-founders: Crijn Bouman, Joost van der Weijde, Kanter Van Deurzen
Country: Netherlands
🎯 Logistics provider Raft raised funding.
Raft, an intelligent logistics platform that automates the process for freight forwarders and customs brokers, has raised $30 million in Series B funding round, led by Eight Roads Ventures. Dynamo, Episode 1, Bessemer Venture Partners and Moguntia Capital also participated in the investment round.
Transaction Type: Investment
Investment Amount: $30.000.000
Investors: Eight Roads Ventures, Dynamo, Episode 1, Bessemer Venture Partners, Moguntia Capital
Co-founders: James Coombes, Nisarg Mehta
Country: United Kingdom (UK)
🎯 Ethical research and ai-training platform Prolific raised funding.
Profilic, which builds advanced global infrastructure for people science, has raised £25 million in Series A funding round, co-led by Partech and Oxford Science Enterprises (OSE).
Transaction Type: Investment
Investment Amount: £25.000.000
Investors: Partech, Oxford Science Enterprises
Co-founders: Ekaterina Damer, Jim Moodie, Phelim Bradley
Country: United Kingdom (UK)
🎯 Microdisplay maker Microoled raised funding.
Microoled, a provider of microdisplays for mobile near-to-eye viewing devices, has raised €21 million in Series B funding round. The investment round was led by Jolt Capital, with participation from Ventech, Cipio Partners and Bpifrance.
Transaction Type: Investment
Investment Amount: €21.000.000
Investors: Jolt Capital, Ventech, Cipio Partners, Bpifrance
Co-founders: Eric Marcellin-Dibon, Gunther Haas
Country: France
🎯 Plastic recycling robotics company b:bot raised funding.
b:bot, which manufactures plastic bottles from recycled or petroleum-based materials, has raised €21 million from Eiffel Investment Group and Crédit Agricole Innove en Normandie.
Transaction Type: Investment
Investment Amount: €21.000.000
Investors: Eiffel Investment Group, Crédit Agricole Innove en Normandie,
Co-founders: Benoit Paget
Country: France
🎯 AI-based support platform Sonio raised funding.
Sonio, an AI-based support platform for fetal ultrasound, helping practitioners analyze and diagnose congenital malformations, has raised $14 million in Series A funding round, co-led by Cross-Border Impact Ventures and Elaia.
Transaction Type: Investment
Investment Amount: $14.000.000
Investors: Cross-Border Impact Ventures, Elaia
Co-founders: Cecile Brosset, Emmanuel Spaggiari, Erwan Le Pennec, Julien Stirnemann, Remi Besson, Stephanie Allassonniere, Yves Ville
Country: France
🎯 Insurtech plaform Hepster raised funding.
Hepsteri an insurtech company that focuses on the insurance sector, has raised €10 million in Series B funding round from Seventure Partners, Element Ventures and Claret Capital Partners.
Transaction Type: Investment
Investment Amount: €10.000.000
Investors: Seventure Ventures, Element Ventures, Claret Capital Partners
Co-founders: Christian Range, Hanna Bachmann
Country: Germany
🛒 Kahoot! gets acquired.
Game-based learning platform Kahoot! has agreed to ash offer of $1.72 billion from Goldman Sachs, General Atlantic, Kirkbi invest, Glitrafjord AS and other undisclosed investors and management shareholders.
Transaction Type: Acquisition
Investors: Goldman Sachs, General Atlantic, Kirkbi invest, Glitrafjord AS, other investors
Co-founders: Alf Inge Wang, Asmund Furuseth, Jamie Brooker, Johan Brand, Morten Versvik
Country: Norway
🛒 CapVest acquires SaaS ERP Kerridge Commercial Systems.
Private equity firm CapVest has acquired SaaS ERP Kerridge Commercial Systems from Accel-KKR in $1 billion deal.
Transaction Type: Acquisition
Investors: Capvest
Co-founders: –
Country: United Kingdom (UK)
🛒 Amavi Captial acquires SF Ventures.
Proptech investor Amavi Capital has acquired venture capital firm SF Ventures.
Transaction Type: Acquisition
Investors: Amavi Capital
Co-founders: Andreas Nordgren, Richard Lindqvist
Country: Sweden
🛒 Propylon acquired by RWS Group.
Intellectual property support services provider RWS Group has acquired computer software company Propylon.
Transaction Type: Acquisition
Investors: RWS Group
Co-founders: Paul McKeon, Sean McGrath
Country: Ireland
🛒 GridBeyond acquires Veritone.
Smart energy company GridBeyond has acquired US-based software company Veritone Inc Energy Business.
Transaction Type: Acquisition
Investors: GridBeyond
Co-founders: Chad Steelberg, Ryan Steelberg
Country: United States (UK)
🛒 Sidero acquired by GlobalLogic.
Product development services company GlobalLogic has acquired software services company Sidero.
Transaction Type: Acquisition
Investors: GlobalLogic
Co-founders: Santanu Mazumdar
Country: Ireland
🟥 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]