This week, more than 80 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between March 18 – 22:
Investments:
2 United Kingdom (UK), 2 The Netherlands, 2 France, 1 Sweden, 1 Belgium, 1 Bulgaria, 1 Germany
Secondary Transactions:
2 The Netherlands
Sectors Received Investments:
1 Financial Services
1 Environmental Engineering
1 Supply Chain Management
1 Energy
1 Database & Software
1 Artificial Intelligence
1 Biotechnology & Database
1 Health Care
1 Aerospace & Drones
1 Blockchain & Cryptocurrency
News of the Week
🎯 Banking-as-a-Service platform Solaris raised €96 million.
Embedded finance platform Solaris, has raised €96 million in Series F funding round. The investment round was led by SBI Group, with participation from existing investors.
Investors: SBI Group, existing investors
Co-founders: –
Headquarters: Germany
🎯 Direct air capture company Mission Zero Technologies raised £21.8 million.
Mission Zero, an electrochemical that removes carbon dioxide from the air and concentrates it for a variety of sequestration pathways, has raised £21.8 million Series A funding, led by 2150. World Fund, Fortescue, Siemens Financial Services and Breakthrough Energy Ventures also participated in the investment round.
Investors: 2150, World Fund, Fortescue, Siemens Financial Services, Breakthrough Energy Ventures
Co-founders: Nicholas Chadwick
Headquarters: United Kingdom (UK)
🎯 Delivery experience platform Ingrid raised €21 million.
Ingrid, which connects retailers, carriers, and consumers to help e-commerce businesses drive sustainable growth and shoppers to personalize delivery and returns, has raised €21 million. The investment round was led by Verdane, with participation from Schibsted Ventures.
Transaction Type: Investment
Investors: Verdane, Schibsted Ventures
Co-founders: Anders Ekman, Ilia Mikhailov, Piotr Zaleski
Headquarters: Sweden
🎯 Power management solution e-peas raised €17.5 million.
e-peas, an innovative semiconductor company developing energy harvesting solutions to help future businesses create battery free products, has raised €17.5 million. The investment round was led by Otium Capital, with participation from Nomainvest and EIC Fund, KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare and Start.Invest.
Transaction Type: Investment
Investors: Otium Capital, Nomainvest and EIC Fund, KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare, Start.Invest
Co-founders: Geoffroy Gosset, Julien De Vos
Headquarters: Belgium
🎯 Open-source billing platform provider Lago raised $15 million.
Lago, which offers a self-hosted, scalable and modular architecture for metering and usage-based billing, has raised $15 million in Series A funding round. The investment round was led by FirstMark, with participation from Y Combinator, New Wave, Addition, Script, Meghan Gill, Romain Huet and Clément Delangue.
Transaction Type: Investment
Investors: FirstMark, Y Combinator, New Wave, Addition, Script, Meghan Gill, Romain Huet, Clément Delangue
Co-founders: –
Headquarters: France
🎯 Ultra-low power neuromorphic processors provider Innatera raised €15 million.
Innatera, which provides microprocessors that mimic the brain’s processing mechanisms, has raised €15 million in Series A funding from Invest-NL Deep Tech Fund, the EIC Fund, MIG Capital, Matterwave Ventures and Delft Enterprises.
Transaction Type: Investment
Investors: Invest-NL Deep Tech Fund, the EIC Fund, MIG Capital, Matterwave Ventures, Delft Enterprises
Co-founders: Sumeet Kumar
Headquarters: The Netherlands
🎯 Techbio company Cure51 raised €15 million.
Cure51, a techbio company seeking to unlock the biological mechanisms responsible for exceptional survivors among cancer patients, has raised €15 million in Seed funding round. The investment round was led by Sofinnova Partners, with participation from Hitachi Ventures, Life Extension Ventures, Xavier Niel and Olivier Pomel.
Transaction Type: Investment
Investors: Sofinnova Partners, Hitachi Ventures GmbH, Life Extension Ventures, Xavier Niel, Olivier Pomel
Co-founders: Nicolas Wolikow, Simon Istolainen
Headquarters: France
🎯 Care enablement platform Anima raised $12 million.
Anima, a next-generation care enablement platform, has raised $12 million in Series A funding round, led by Molten Ventures. Hummingbird Ventures, Amino Collective, Y Combinator and Sidar Sahin also participated in the investment round.
Transaction Type: Investment
Investors: Molten Ventures, Hummingbird Ventures, Amino Collective, Y Combinator, Sidar Sahin
Co-founders: Shun Pang, Rachel Mumford
Headquarters: Bulgaria
🎯 Cargo airline Dronamics raised €10 million.
Dronamics, which develops unmanned aerial systems for shipping commercial and special cargo applications, has raised €10 million from European Innovation Council.
Transaction Type: Investment
Investors: European Innovation Council
Co-founders: Konstantin Rangelov, Svilen Rangelov
Headquarters: United Kingdom (UK)
🎯 Crypto derivatives exchange company D2X raised $10 million.
D2X, a crypto derivatives exchange company for institutions, has raised $10 million in Series A funding round, led by Point72 Ventures. GSR Markets, Tioga Capital, Fortino Capital, Jabre Capital Partners, Picus Capital and TRGC also participated in the investment round.
Transaction Type: Investment
Investors: Point72 Ventures, GSR Markets, Tioga Capital, Fortino Capital, Jabre Capital Partners, Picus Capital, TRGC
Co-founders: Théodore Rozencwajg
Headquarters: The Netherlands
🛒 ServiceNow acquires 4Industry.
Digital workflow company ServiceNow has acquired mobile-enabled application 4Industry.
Transaction Type: Acquisition
Investors: ServiceNow
Co-founders: Luc Raeskin
Headquarters: The Netherlands
🛒 Accenture acquires Flo Group.
Professional services company Accenture has acquired Flo Group.
Transaction Type: Acquisition
Investors: Accenture
Co-founders: Michiel Keijzer
Headquarters: The Netherlands
🟥 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]