This week, more than 80 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary transactions between September 25 – 29:
Investments:
2 Germany, 2 United Kingdom (UK), 1, Netherlands, 1 Lithuania, 1 Switzerland, 1 Austria
Secondary Transactions:
1 Latvia
Sectors Received Investments:
1 Network Security
1 Biotechnology
1 Software Development
1 Renewable Energy
1 Logistics
1 Waste Management
1 Fintech
1 Artificial Intelligence / CleanTech
News of the Week
🎯 Internet privacy and security provider Nord Security raised $100 million.
Nord Security, which operates as an internet privacy and security provider for individuals and businesses, has raised $100 million at a $3 billion valuation. The investment round was led by Warburg Pincus, with participation from Novator Ventures and Burda Principal Investments.
Transaction Type: Investment
Investors: Warburg Pincus, Novator Ventures, Burda Principal Investments
Co-founders: Jonas Karklys
Headquarters: Lithuania
🎯 Circular bioeconomy startup traceless materials raised €36.6 million.
traceless materials, a bioeconomy startup that offers holistically sustainable alternative to conventional plastics & bioplastics, has raised €36.6 million in Series A funding round. The investment round was co-led by UB Forest Industry Green Growth Fund and SWEN CP’s Blue Ocean Fund, with participation from GLS Bank, Hamburg, Hamburger Sparkasse, Planet A Ventures, High-Tech Gründerfonds (HTGF) and b.value.
Transaction Type: Investment
Investors: UB Forest Industry Green Growth Fund, SWEN CP’s Blue Ocean Fund, GLS Bank, Hamburg, Hamburger Sparkasse, Planet A Ventures, High-Tech Gründerfonds (HTGF), b.value
Co-founders: Dr. Anne Lamp, Johanna Baare
Headquarters: Germany
🎯 No-code website builder Framer raised $27 million.
Framer, which develops design software to make interactive prototypes for iOS, Android, desktop, or the web, has raised $27 million in Series C funding round. The investment round was led by Pigment and Meritech Capital, with participation from Accel and Atomico.
Transaction Type: Investment
Investors: Pigment, Meritech Capital, Accel, Atomico
Co-founders: Koen Bok, Jorn van Dijk
Headquarters: The Netherlands
🎯 Energy investment platform Pexapark raised €20 million.
Pexapark, which provides an energy investment platform that specializes in software and advisory services for renewable energy sales, has raised €20 million in Series C funding round, led by Telstra Ventures. Swisscom Ventures and the A&G Energy Transition Tech Fund also participated in the investment round.
Transaction Type: Investment
Investors: Telstra Ventures, Swisscom Ventures, A&G Energy Transition Tech Fund
Co-founders: Florian Müller, Luca Pedretti, Michael Waldner
Headquarters: Switzerland
🎯 Storage and logistics scale-up Storebox raised €15.5 million.
Storebox, a logistics company that provides digitalized self-storage solution, has raised €15.5 million in extended Series B funding and brings the round to a total of €67.5 million. The investment round was joined by Senger-Weiss Family Offices, Wille Finance, Kineo Capital, Urban Pioneers, ActivumSG, Hansi Hansmann, Markus Ertler and Raiffeisenbank International.
Transaction Type: Investment
Investors: Senger-Weiss Family Offices, Wille Finance, Kineo Capital, Urban Pioneers, ActivumSG, Hansi Hansmann, Markus Ertler, Raiffeisenbank International
Co-founders: Christoph Sandraschitz, Ferdinand Dietrich, Johannes Braith
Headquarters: Austria
🎯 Digital waste management and recycling platform Resourcify raised €14 million.
Waste management and recycling platform Resourcify, has raised €14 million in Series A funding round, led by Vorwerk Ventures. Revent, Ananda Impact Ventures, Speedinvest, BonVenture, and WEPA Ventures also participated in the investment round.
Transaction Type: Investment
Investors: Vorwerk Ventures, Revent, Ananda Impact Ventures, Speedinvest, BonVenture, WEPA Ventures
Co-founders: Felix Heinricy
Headquarters: Germany
🎯 Payment management platform Apron raised £12 million.
Apron, a payment platform that allows small businesses to pay their suppliers, has raised £12 million in Series A funding round, led by Index Ventures. Bessemer Venture Partners and Visionaries Club also participated in the investment round.
Transaction Type: Investment
Investors: Index Ventures, Bessemer Venture Partners, Visionaries Club
Co-founders: –
Headquarters: United Kingdom (UK)
🎯 AI-powered infrastructure development platform Continuum Industries raised $10 million.
Continuum Industries, which provides an ai-powered infrastructure development platform, has raised $10 million in Series A funding round, led by Singular. Playfair Capital, Credo Ventures and Techstart Ventures also participated in the investment round.
Transaction Type: Investment
Investors: Singular, Playfair Capital, Credo Ventures, Techstart Ventures
Co-founders: Grzegorz Marecki, Emil Hansen
Headquarters: United Kingdom (UK)
🛒 Jakala acquires Roibox.
Business consulting and services firm Jakala has acquired geospatial analytics provider Roibox.
Transaction Type: Acquisition
Investors: Jakala
Co-founders: Edvarts Gaigals, Jekabs Endzins
Headquarters: Latvia
Other News:
📌 B2B software investor Dawn Capital has closed a new $700 million fund.
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