This week, more than 80 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between May 6 – 10:
Investments:
3 United Kingdom (UK), 2 France, 1 Germany, 1 Italy
Secondary Transactions:
1 United Kingdom (UK), 1 Spain
Sectors Received Investments:
1 Autonomous Vehicles
1 Financial Services
1 SaaS & Software
1 Biotechnology
1 Environmental Engineering
1 E-Learning & Education
1 Medical Device
News of the Week
🎯 Embodied intelligence developer Wayve raised $1.05 billion.
Wayve, which developes embodied AI technology for automated driving, has raised $1.05 billion in Series C funding round, led by Softbank. NVIDIA and Microsoft also participated in the investment round.
Transaction Type: Investment
Investors: Softbank, NVIDIA, Microsoft
Co-founders: –
Headquarters: United Kingdom (UK)
🎯 SME lender iwoca raised £270 million.
Iwoca, which offers credit financing services for small businesses, has raised £270 million in debt financing round from Citi, Värde Partners, Insight Investment and Barclays.
Transaction Type: Investment
Investors: Citi, Värde Partners, Insight Investment, Barclays
Co-founders: Christoph Rieche, James Dear
Headquarters: United Kingdom (UK)
🎯 Data management platform Stonal raised €100 million.
Stonal, which delivers data quality at scale for asset owners and investors, has raised €100 million from Aeron.
Transaction Type: Investment
Investors: Aeron
Co-founders: Michel Tolila
Headquarters: France
🎯 Biotechnology startup Insempra raised $20 million.
Insempra, a biology-powered company that enables businesses to make superior products with nature, has raised $20 million in Series A funding round. The investment round was led by EQT Ventures, with participation from BlueYard Capital, Possible Ventures, Taavet Sten, Acequia Capital, Henkel, Bayern Kapital and Alante Capital.
Transaction Type: Investment
Investors: EQT Ventures, BlueYard Capital, Possible Ventures, Taavet Sten, Acequia Capital, Henkel, Bayern Kapital, Alante Capital
Co-founders: Jens Klein
Headquarters: Germany
🎯 Ecosystem restoration platform Dendra Systems raised $15 million.
Dendra Systems, which provides an end-to-end RestorationOSTM solution to restore nature, powered by high-resolution data capture and drone-based seeding, and a comprehensive AI-enabled ecosystem insights platform, has raised $15.76 million in Series A funding round from Zouk Capital, Wedgetail, Understorey Ventures, Helium-3 Ventures, Aramco Ventures and Airbus Ventures.
Transaction Type: Investment
Investors: Zouk Capital, Wedgetail, Understorey Ventures, Helium-3 Ventures, Aramco Ventures, Airbus Ventures
Co-founders: Matthew Ritchie, Susan Graham
Headquarters: United Kingdom (UK)
🎯 AI-based learning platform Futura raised €14 million.
Futura, which provides personalized learning using data driven approach and modular classes that adapt to student’s Individual needs, has raised €14 million in Series A funding round, led by Eurazeo. United Ventures and Axon Partners Group also participated in the investment round.
Transaction Type: Investment
Investors: Eurazeo, United Ventures, Axon Partners Group
Co-founders: Andrea Chirolli, Lorenzo Pinto, Francesco Salvatore
Headquarters: Italy
🎯 Medical device developer inHeart raised $11 million.
inHeart, which provides cloud-based medical image analysis solutions for cardiac interventions on patients with arrhythmias, has raised $11 million. The investment round was co-led by Vesalius Biocapital IV and Elaia Partners, with participation from NACO, Sagana, Sofia Angel Ventures, CWR Funds and Webit Investment Network.
Transaction Type: Investment
Investors: Vesalius Biocapital IV, Elaia Partners, ACO, Sagana, Sofia Angel Ventures, CWR Funds, Webit Investment Network
Co-founders: –
Headquarters: France
🛒 Corlytics acquires Deloitte UK RegTech Platform.
Regulatory intelligence and policy compliance technology provide Corlytics has acquired digital RegTech platform from Deloitte UK.
Transaction Type: Acquisition
Investors: Corlytics
Co-founders: –
Headquarters: United Kingdom (UK)
🛒 Freepik acquires Magnific.
Design platform provider Freepik has acquired image tool provider Magnific.
Transaction Type: Acquisition
Investors: Freepik
Co-founders: –
Headquarters: Spain
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