Weekly Startup Ecosystem Overview in Europe / November 13 – 17

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This week, more than 90 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between November 13 – 17:

Investments:

4 United Kingdom (UK), 2 The Netherlands, 2 France, 1 Denmark, 1, Switzerland, 1 Norway, 1 Spain

Secondary Transactions:

1 Germany, 1 Denmark

Sectors Received Investments:

5 Biotechnology

2 Financial Services

1 Solar Energy

1 Supermarket App

1 Software

1 Food Tech

1 Career Planning

News of the Week

🎯 Integrated gene therapy company VectorY raised €129 million.

VectorY, an integrated gene therapy company focused on development of therapeutics for CNS, somatic disorders and muscle diseases, has raised €129 million in Series A funding round, led by EQT Life Sciences and the Forbion Growth Opportunities Fund. MRL Ventures Fund, Rahway, NJ USA, Insight Partners, ALS Investment Fund, Forbion Ventures and BioGeneration Ventures also participated in the investment round.

Transaction Type: Investment

Investors: EQT Life Sciences, the Forbion Growth Opportunities Fund, MRL Ventures Fund, Rahway, NJ USA, Insight Partners, ALS Investment Fund, Forbion Ventures, BioGeneration Venture

Co-founders: Anthony Newcombe, Barbara Sanders, Pavlina Konstantinova, Sander van Deventer

Headquarters: Netherlands

🎯 Neuromuscular disorders treatments developer NMD Pharma raised €75 million.

NMD Pharma, a small molecule drug discovery company that develops novel treatments of neuromuscular disorders, has raised €75 million in Series B funding round. The investment round was led by Jeito Capital, with participation from Novo Holdings, Lundbeckfonden BioCapital, INKEF Capital and the Roche Venture Fund.

Transaction Type: Investment

Investors: Jeito Capital, Novo Holdings, Lundbeckfonden BioCapital, INKEF Capital, the Roche Venture Fund

Co-founders: –

Headquarters: Denmark

🎯 Cancer vaccine developer Nouscom raised €67.5 million.

Nouscom, a clinical-stage immuno-oncology company developing off-the-shelf and personalized cancer immunotherapies, has raised €67.5 million in Series C funding round, led by Andera Partners, Bpifrance, and M Ventures. Revelation Partners, Indaco Venture Partners, Panakès Partners, XGen Ventures, 5AM Ventures, EQT Life Sciences and Versant Ventures also participated in the investment round.

Transaction Type: Investment

Investors: Andera Partners, Bpifrance, M Ventures, Revelation Partners, Indaco Venture Partners, Panakès Partners, XGen Ventures, 5AM Ventures, EQT Life Sciences, Versant Ventures

Co-founders: –

Headquarters: Switzerland

🎯 Biotechnology startup EyeBio raised $65 million.

EyeBiotech, a clinical-stage ophthalmology biotechnology company, has raised $65 million in Series A funding round from Bain Capital Life Sciences, Omega Funds and Vertex Ventures HC, SV Health Investors, Jeito Capital, Samsara Biocapital and MRL Ventures Fund.

Transaction Type: Investment

Investors: Bain Capital Life Sciences, Omega Funds and Vertex Ventures HC, SV Health Investors, Jeito Capital, Samsara Biocapital, MRL Ventures Fund

Co-founders: David Guyer

Headquarters: United Kingdom (UK)

🎯 TCR therapeutics developer T-Therapeutics raised £48 million.

T-Therapeutics, a biotechnology company that develops next-generation TCR therapeutics designed to reshape the clinical landscape for cancer patients, has raised £48 million in Series A funding round. The investment round was led by Sofinnova Partners, F-Prime Capital, Digitalis Ventures and Cambridge Innovation Capital, with participation from Sanofi Ventures and the University of Cambridge Venture Fund.

Transaction Type: Investment

Investors: Sofinnova Partners, F-Prime Capital, Digitalis Ventures, Cambridge Innovation Capital, Sanofi Ventures, the University of Cambridge Venture Fund

Co-founders: –

Headquarters: United Kingdom (UK)

🎯 Digital cash system Fnality raised £77.7 million.

Fnality, which provides blockchain-based payment systems, has raised £77.7 million in Series B growth funding, led by Goldman Sachs and BNP Paribas. DTCC, Euroclear, Nomura, WisdomTree, Banco Santander, BNY Mellon, Barclays, CIBC, Commerzbank, ING, Lloyds Banking Group, Nasdaq Ventures, State Street, Sumitomo Mitsui Banking Corporation and UBS also participated in the investment round.

Transaction Type: Investment

Investors: Goldman Sachs, BNP Paribas, DTCC, Euroclear, Nomura, and WisdomTree. Existing investors Banco Santander, BNY Mellon, Barclays, CIBC, Commerzbank, ING, Lloyds Banking Group, Nasdaq Ventures, State Street, Sumitomo Mitsui Banking Corporation, UBS

Co-founders: Jan Schoombee

Headquarters: United Kingdom (UK)

🎯 Fintech startup Defacto raised €10 million.

Defacto, which offers embedded B2B lending solutions, has raised €10 million in Series A funding round from Citi Ventures, Northzone, Headline and Global Founders Capital.

Transaction Type: Investment

Investors: Citi Ventures, Northzone, Headline, Global Founders Capital

Co-founders: Jordane Giuly, Morgan O’hana, Marc-Henri Gires

Headquarters: France

🎯 Solar installations marketplace Otovo raised €40 million.

Residential solar and battery installations marketplace Otovo, has raised €40 million from AxSol, Nysnø, Obos and Å Energi.

Transaction Type: Investment

Investors: AxSol, Nysnø, Obos, Å Energi

Co-founders: Simen Fure Jorgensen, Andreas Thorsheim

Headquarters: Norway

🎯 Supermarket app Crisp raised €35 million.

Crisp, an app-only supermarket app that focuses on fresh food, has raised €35 million in Series C funding round from Keen Ventures, Target Global, Adriaan Mol, Sander van der Laan and Joes Daemen.

Transaction Type: Investment

Investors: Keen Ventures, Target Global, Adriaan Mol, Sander van der Laan, Joes Daemen

Co-founders: Tom Peeters, Eric Klaassen, Michiel Roodenburg

Headquarters: Netherlands

🎯 AI software provider Lynx raised €17 million.

Lynx, which provides an ai-based software to detect and prevent fraud and financial crimes, has raised €17 million in Series A funding round, led by Forgepoint Capital. Banco Santander also participated in the investment round.

Transaction Type: Investment

Investors: Forgepoint Capital, Banco Santander

Co-founders: –

Headquarters: Spain

🎯 Returnables startup Le Fourgon raised €10 million.

Le Fourgon, a startup that is rehabilitating the use of returnable glass bottles and containers everywhere in France, has raised €10 million in Series A funding round. The investment round was led by Id4 and Teampact, with participation from La Poste Ventures.

Transaction Type: Investment

Investors: Id4, Teampact, La Poste Ventures

Co-founders: Charles Christory

Headquarters: France

🎯 Career coaching platform Bloom raised $10 million.

Bloom, a coaching platform that blends technology and human knowledge to offer an approachable and successful behavior modification, has raised $10 million in Seed funding round from Octopus Ventures and MMC Ventures.

Transaction Type: Investment

Investors: Octopus Ventures, MMC Ventures

Co-founders: Jamie True

Headquarters: United Kingdom (UK)

🛒 MetaCompliance acquires Increase Your Skills.

Cyber security company MetaCompliance has acquired data protection and information security awareness platform Increase Your Skills.

Transaction Type: Acquisition

Investors: MetaCompliance

Co-founders: Carolin Andree, Hannes Hartung

Headquarters: Germany

🛒 iVISION, acquired by Visma.

Business software provider Visma has acquired iVISION, admin software for law firms.

Transaction Type: Acquisition

Investors: Visma

Co-founders: –

Headquarters: Denmark

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