Funding Wrap of the Week | European Startups Funding Roundup | Feb 18 – Feb 23

The Top 10 European Startups Funding Deals

Napier AI

Napier AI secures £45milion in funding from Crestline Investors, The funds will be used by the company to quicken its growth trajectory. Customers employ its products, which include regulatory reporting features, to screen, monitor, and identify unlawful or suspicious actions.

Napier AI specialise in compliance technologies. Their products successfully integrate big data technologies with artificial intelligence and machine learning to maximise productivity and avoid risk. 

Planity

Planity secures $50 million in series C round funding from InfraVia Capital Partners and included current investors Crédit Mutuel Innovation, Revaia, and Bpifrance Digital Venture.

In France, Planity is the top platform for booking beauty appointments. Planity, which was founded in 2016 by Antoine Puymirat, Jérémy Queroy, and Paul Vondersher, enables you to quickly and simply book a beauty service in France, Germany, or Belgium with only a few clicks.

AZmed

AZmed Secures €15milion in series A round funding from Tempact Ventures, Techstars, and Maison Worms are among the investors in this round. The business has created Rayvolve, an AI diagnostic tool that can recognise a variety of anomalies in conventional radiography.

The first French business to commercialise AI-powered radiography software was AZmed. In OECD nations, the number of medical imaging acts has increased by two during the past ten years. On the other hand, there are no longer as many experts available to evaluate this information flow.

Monumo

Monumo secures £10.5million in seed funding from Unidentified angels and LQD VC were among the backers. The money will be used by the business to increase operations and development initiatives.

The goal of deeptech engineering startup Monumo is to develop the greatest electric motors available. The goal of guiding the globe towards a sustainable future gave rise to Monumo. Currently, half of the electricity used worldwide is consumed by electric motors.

Threedy

Threedy raises €9.6 million in series A round funding from The new investors TRUMPF VENTURE, Futury Capital, EquityPitcher Ventures, and LBBW Venture Capital supported this round. By taking part in the Series A investment, previous investors Matterwave Ventures, Fraunhofer, and High-Tech Gründerfonds (HTGF) reaffirmed their dedication.

With the help of Threedy’s distinctive infrastructure component, businesses can now satisfy the ever-increasing need for highly available 3D data in interactive and responsive apps.

IsomAb

IsomAb secures £7.5million in funding from Broadview Ventures, with further backing from existing investor, SCVC and participation from MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia Ventures and part of the Midlands Engine Investment Fund (MEIF).

IsomAb Ltd, founded in 2022, is a UK-based biopharmaceutical company and is a spin-out from the University of Nottingham; early research was conducted at the University of Bristol and funding has been received from the British Heard Foundation, Wellcome Trust and the Medical Research Council.

Climate Policy Radar

Climate Policy Radar secures $6.8million in funding from foundations and philanthropists, such as Open Society Foundations (OSF), Google.org, and the Environmental Defence Fund (EDF). The current backer Quadrature Climate Foundation (QCF) will continue to support Schmidt Futures, the philanthropic effort created by Eric and Wendy Schmidt, the Patrick J. McGovern Foundation, and Sequoia Climate Foundation.

Climate Policy Radar, In order to facilitate evidence-based decision-making, they are mapping and analysing the global climate policy landscape using data science and machine learning. They operate without profit, with open data and open source.

Monite

Monite secures $6million in seed funding. With assistance from current investors, Valar Ventures and Third Prime led the financing. With the money, the company hopes to strengthen its leadership position in European embedded finance and increase its presence in the US.

Monite, SMBs lose 5% of their sales because they still handle their finances using paper, Excel, and more than five outside programs. Their goal is to transform neobanks, fintechs, and B2B platforms into super-apps that use automated payables, B2B payments, and invoicing to address this issue.

Spektr

Spektr secures €5 million in funding. Invested from Pan-European Seedcamp, Danish PreSeed Ventures’ tech fund PSV Tech01 (Vivino and Trustpilot), and Northzone (an early backer of Klarna, TrueLayer, and Personio, among others). HelloFlow received funding from Seedcamp and PreSeed Ventures as well.

Spektr, where revenue growth and compliance collide. Their technology offers an automated solution that streamlines your continuous cycle of due diligence in every way.

Avatar Medical

Avatar Medical secures €5 million in seed funding. Leading the investment was GO Capital, with assistance from US-based Plug & Play, Acorn Pacific Ventures, Rives Croissance, and Cenitz.

Medical picture access is made more accessible by Avatar Medical. Our XR visualization technology is straightforward, scalable, and produces 3D avatars from patient medical photos with ease.

Name the Top 10 European Startups Funding Deals of this Week?

Napier AI, Planity, AZmed, Monumo, Threedy, IsomAb, Climate Policy Radar, Monite, Spektr, Avatar Medical, are the Top 10 European Startups Funding Deals of this Week.