Weekly Startup Ecosystem Overview in Europe / November 4 – 8

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This week, more than 60 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between November 4 – 8:

Investments:

2 United Kingdom (UK), 1 Sweden, 1 Switzerland, 1 Germany, 1 Denmark

Sectors Received Investments:

1 Health Care

1 Semiconductor

1 Financial Services

1 Cloud Infrastructure & Web3

1 Software

1 Enterprise Software

News of the Week

🎯 Telehealth platform Yazen raised €19.5 million.

Yazen, which provides digital weight loss solutions through personalized coaching and support, has raised €19.5 million in Series A funding round, co-led by Evli Growth Partners and Helsana HealthInvest, Almaz Capital, Yabeo, Luminar Ventures and Aggregate Media also participated in the investment round.

Transaction Type: Investment

Investors: Evli Growth Partners, Helsana HealthInvest, Almaz Capital, Yabeo, Luminar Ventures, Aggregate Media

Co-founders: Fredrik Meurling

Headquarters: Sweden

🎯 Semiconductor startup Forefront RF raised £16 million.

Forefront RF, a semiconductor company poised to transform the way multi-band smartphones, wearables and other connected devices are designed, has raised £16 million. The investment round was led by BGF and Foresight Group, with participation from Octopus Ventures and Cambridge Innovation Capital.

Transaction Type: Investment

Investors: BGF, Foresight Group, Octopus Ventures, Cambridge Innovation Capital

Co-founders: Ronald Wilting

Headquarters: United Kingdom (UK)

🎯 Tax technology solution Marosa raised €12 million.

Marosa, an accounting SaaS for invoicing and compliance, has raised €12 million from Aquiline.

Transaction Type: Investment

Investors: Aquiline

Co-founders: Pedro Pestana da Silva

Headquarters: United Kingdom (UK)

🎯 Web3 infrastructure startup Validation Cloud raised $10 million.

Validation Cloud, a Web3 data and AI company with products in staking, node, and data-as-a-service, has raised $10 million from True Global Ventures.

Transaction Type: Investment

Investors: True Global Ventures

Co-founders: Alex Nwaka

Headquarters: Switzerland

🎯 Observability tool provider Dash0 raised $9.5 million.

Dash0, which provides an OpenTelemetry-native observability tool, has raised $9.5 million in Seed funding round, led by Accel. Dig Ventures, Guy Podjarny and Guillermo Rauch also participated in the investment round.

Transaction Type: Investment

Investors: Accel, Dig Ventures, Guy Podjarny, Guillermo Rauch

Co-founders: Mirko Novakovic, Ben Blackmore, Miel Donkers, Marcel Birkner, Michele Mancioppi

Headquarters: Germany

🎯 SaaS startup Kanpla raised €8 million.

Kanpla, which provides software solutions for contract catering, including POS and apps, has raised €8 million in Series A funding round from HenQ.

Transaction Type: Investment

Investors: HenQ

Co-founders: Peter Bæch, Jonas Gøttler

Headquarters: Denmark

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