This week, more than 70 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between July 22 – 26:
Investments:
2 Switzerland, 2 United Kingdom (UK), 1 Luxembourg, 1 Spain
Sectors Received Investments:
1 Content Delivery Network
1 Adventure Travel
1 Manufacturing
1 3D Technology
1 Cyber Security & Machine Learning
1 Financial Services
News of the Week
🎯 Cloud and edge computing startup Gcore raised $60 million.
Gcore, which provides edge AI, cloud, network, and security solutions, has raised $60 million in Series A funding round, led by Wargaming. Constructor Capital and Han River Partners also participated in the investment round.
Transaction Type: Investment
Investors: Wargaming, Constructor Capital, Han River Partners
Headquarters: Luxembourg
🎯 Online booking platform Exottica raised €60 million.
Exoticca, an online tour operator that creates travel packages including flights, hotels, tours, transfers and some meals by leveraging long term partnerships with trusted local providers, has raised €60 million in Series D funding round. The investment round was led by Quadrille Capital, with participation from All Iron, ICF, 14W, Mangrove, Bonsai, Sabadell and Aldea.
Transaction Type: Investment
Investors: Quadrille Capital, All Iron, ICF, 14W, Mangrove, Bonsai, Sabadell, Aldea
Co-founders: Pere Vallès
Headquarters: Spain
🎯 Electric aviation technologies provider H55 raised CHF65 million.
H55, which specializes in electric aviation technologies, has raised CHF65 million in Series C funding round from Government of Quebec.
Transaction Type: Investment
Investors: Government of Quebec
Co-founders: –
Headquarters: Swtizerland
🎯 EV battery tech startup Addionics raised $39 million.
Addionics, which creates next-generation batteries through intelligent 3D battery architecture and engineering, has raised $39 million in Series B funding round, led by GM Ventures and Deep Insight.
Transaction Type: Investment
Investors: GM Ventures, Deep Insight
Co-founders: Moshiel Biton
Headquarters: United Kingdom (UK)
🎯 Real-time GenAI security startup Lakera raised $20 million.
Generative AI security company Lakera, has raised $20 million in Series A funding round from redalpine, Dropbox Ventures, Citi Ventures and Atomico.
Transaction Type: Investment
Investors: redalpine, Dropbox Ventures, Citi Ventures, Atomico
Co-founders: David Haber
Headquarters: Swtizerland
🎯 Personal savings assistant solutions Plum raised £16 million.
Plum, a personal finance app featuring investment accounts, payment cards and automated saving and financial management tools, has raised £16 million in Series B funding round from VentureFriends, Ventura Capital, iGrow Venture Partners and Eurobank.
Transaction Type: Investment
Investors: VentureFriends, Ventura Capital, iGrow Venture Partners, Eurobank
Co-founders: Victor Trokoudes
Headquarters: United Kingdom (UK)
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