Weekly Startup Ecosystem Overview in Europe / November 20 – 24

Here you can read this post in these languages:

This week, more than 80 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between November 20 – 24:


2 France, 2 Sweden, 2 United Kingdom (UK), 1 Belgium, Netherlands, 1 Finland

Secondary Transactions:

2 United Kingdom (UK)

Sectors Received Investments:

2 Software

1 Energy

1 E-Commerce / Food and Beverage

1 Financial Services

1 Green Building

1 Energy Management

1 Consumer

1 Biotechnology / Food Processing

News of the Week

🎯 Automated data transformation solution Vaultspeed raised $15.9 million.

VaultSpeed, which provides companies with an automated data transformation solution combining automation templates, has raised $15.9 million in Series A funding round, led by Octopus Ventures. Fortino Capital, PMV and BNP Paribas Fortis Private Equity also participated in the investment round.

Transaction Type: Investment

Investors: Octopus Ventures, Fortino Capital, PMV, BNP Paribas Fortis Private Equity

Co-founders: –

Headquarters: Belgium

🎯 Digital marketing solutions provider Malou raised $10+ million

Malou, which provides an ai-powered platform online tool designed to enhance the digital presence of restaurants., has raised more than $10 million. The investment round was led by henQBleu Capital, Bertrand Jelensperger and Jim Texier.

Transaction Type: Investment Venture Round

Investors: henQ, Bleu Capital, Bertrand Jelensperger, Jim Texier

Co-founders: Waad Toumi, Louiza Hacene

Headquarters: France

🎯 Sustainable aviation fuel provider SkyNRG raised €175 million.

SkyNRG, which provides sustainable aviation fuel (SAF) solutions, has raised €175 million from Macquarie Asset Management.

Transaction Type: Investment

Investors: Macquarie Asset Management

Co-founders: –

Headquarters: The Netherlands

🎯 D2C e-commerce retailer Matsmart-Motatos raised €40 million.

Matsmart-Motatos, a D2C e-commerce retailer of overstock dry foods and consumer products, has raised €40 million in growth capital round. The investment round was led by Circularity Capital, with participation from SevenVentures and existing investors.

Transaction Type: Investment

Investors: Circularity Capital, SevenVentures, other existing investors

Co-founders: Karl Andersson, Ulf Skagerström

Headquarters: Sweden

🎯 SME working capital provider TRIVER raised €22.9 million.

TRIVER, which provides small businesses with instant capital, has raised €22.9 million in debt financing round from Avellinia Capital.

Transaction Type: Investment

Investors: Avellinia Capital

Co-founders: Jerome Le Luel

Headquarters: United Kingdom (UK)

🎯 Dynamic greenhouse lighting company RED Horticulture raised $17 million.

RED Horticulture, which develops dynamic lighting solution for high-tech greenhouse operations, has raised $17 million Series A funding round. The investment round was led by European Circular Bioeconomy Fund, Unigrains and Demeter.

Transaction Type: Investment

Investors: European Circuşar Bioeconomy Fund, Unigrains, Demeter

Co-founders: Louis Golaz

Headquarters: France

🎯 Home energy platform Eliq raised €10 million.

Eliq, which provides an energy intelligence platform that focuses on home energy efficiency, has raised €10 million from Valkea Growth Club and Inven Capital.

Transaction Type: Investment

Investors: Valkea Growth Club, Inven Capital

Co-founders: Olof Hartelius, Joakim Ottander, Joakim Fischer, Joakim Botha, Håkan Ludvigson

Headquarters: Sweden

🎯 Technology-enabled delivery network Relay raised $10 million.

Relay, a tech-enabled delivery network that empowers businesses to grow and elevate their e-commerce operations, has raised $10 million in Seed funding round. The investment round was led by Project A Ventures, with participation from Prologis Ventures.

Transaction Type: Investment

Investors: Project A Ventures, Prologis Ventures

Co-founders: Jonathan Jenssen, Nicole Mazza

Headquarters: United Kingdom (UK)

🎯 Food technology startup Solar Foods raised €8 million.

Solar Foods, a food technology company that develops Solein, an alternative to animal-derived proteins, has raised €8 million in Series B funding round from Springvest and Happiness Capital.

Transaction Type: Investment

Investors: Springvest, Happiness Capital

Co-founders: Pasi Vainikka, Juha-Pekka Pitkänen

Headquarters: Finland

🛒 Aonic acquires nDreams.

Sweden-based gaming conglomerate Aonic has acquired publisher and developer of virtual reality games nDreams in a $110 million deal.

Transaction Type: Acquisition

Investors: Aonic

Co-founders: Patrick O’Luanaigh

Headquarters: United Kingdom (UK)

🛒 Team 6ix, acquired by ICP.

Content operations strategy and services company ICP has acquired martech and content operations consulting startup Team 6ix.

Transaction Type: Acquisition

Investors: ICP

Co-founders: –

Headquarters: United Kingdom (UK)

Other News:

📌 Italy-based early stage VC firm 2100 Ventures has launched a new €30 million fund to support European B2B startups across a range of verticals. 

🟥 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]

Recent Articles

Related Posts


Lütfen yorumunuzu giriniz!
Lütfen isminizi buraya giriniz