Weekly Startup Ecosystem Overview in Europe / March 4 – 8

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This week, more than 65 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between March 4 – 8:


2 United Kingdom (UK), 1 France, 1 Germany

Sectors Received Investments:

1 Cyber Security & Software

1 Chemical & Manufacturing

1 Biotechnology

1 Analytics

News of the Week

🎯 Cryptographic libraries and solutions provider Zama raised $73 million.

Zama, which builds open-source cryptographic libraries and solutions, has raised $73 million in Series A funding round, led by Multicoin Capital and Protocol Labs. Metaplanet, Blockchange Ventures, VSquared, Stake Capital, Juan Benet and Anatoly Yakovenko.

Transaction Type: Investment

Investors: Multicoin Capital, Protocol Labs, Metaplanet, Blockchange Ventures, VSquared, Stake Capital, Juan Benet, Anatoly Yakovenko


Headquarters: France

🎯 Liquid-sorbent solution Greenlyte Carbon Technologies raised €10.5 million.

Greenlyte Carbon Technologies, which develops and markets an efficient low temperature DAC process that captures CO2 from the air, has raised €10.5 million in pre-Series A funding round from Partech, Green Generation Fund, Earlybird Venture Capital and Carbon Removal Partners.

Transaction Type: Investment

Investors: Partech, Green Generation Fund, Earlybird Venture Capital, Carbon Removal Partners

Co-founders: Florian Hildebrand, Dr Niklas Friederichsen, Dr. Peter Behr

Headquarters: Germany

🎯 RNA sequencing solution Wobble Genomics raised £8.5 million.

Wobble Genomics, which specializes in maximizing RNA and DNA sequencing efficiency for the discovery and detection of nucleic acid biomarkers, has raised £8.5 million from Mercia Ventures, BGF, IQ Capital, EOS Advisors and Old College Capital.

Transaction Type: Investment

Investors: Mercia Ventures, BGF, IQ Capital, EOS Advisors, Old College Capital


Headquarters: United Kingdom (UK)

🎯 Business data analytics platform Fluent raised $7.5 million.

Fluent, which provides a technology platform that reduces data analysts’ workload and makes company data accessible to everyone through natural language querying and collaborative dashboarding, has raised $7.5 million in Seed funding round, led by Hoxton Ventures and Tiferes Ventures.

Transaction Type: Investment

Investors: Hoxton Ventures, Tiferes Ventures


Headquarters: United Kingdom (UK)

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