Funding

Funding Wrap of the Week | European Startups Funding Roundup | March 10 – March 15

Mar 16, 2024 | By Startup Rise EU

Funding Wrap of the week | European startups funding roundup

European Startups raised capital in order to expand and move into more successful. Here is this week's Top 10 European Startups Funding Roundup.

The Top 10 European Startups Funding Roundup of This Week

Ada Ventures

Ada Ventures, a broad venture capital business which encourages ground-breaking ideas, has raised €73.7 million to support an exceptionally diverse group of early-stage entrepreneurs. This fund, the second from the company, has received support from a number of esteemed institutional investors, including Molten Ventures, The Export and Investment Fund of Denmark (EIFO), Big Society Capital, The University of Edinburgh, Atomico, Legal & General Capital, and the British Business Bank.

The inclusive venture firm is called Ada Ventures. Ada Ventures seeks for and invests in exceptional talent that develops ground-breaking solutions for the most difficult issues we face. 

TheyDo

TheyDo, a leading journey management platform, TheyDo secures €31.1 million in seed funding led by Blossom Capital, with support from Highsage Ventures, 20Sales, and global customer experience evangelist Steven van Belleghem.

TheyDo is the most cooperative journey management platform yet created for service designers and managers of experience-driven, customer-focused businesses. It makes it twice as easy for those who think that working together is the only way to provide a fantastic customer experience to align and sustain alignment for the first time in years.

Micromobility Operator Voi

Voi, the leading micromobility operator in Europe, Secures $25 Million in an oversubscribed round funding. The addition of new equity and debt funds will be used in scaling Voi’s e-scooter and e-bike fleet, seizing the opportunity presented by growing consumer demand and the rapid consolidation in the industry.

Existing shareholders, including VNV Global, Raine Group, Nineyards Equity, Balderton, Creandum, Project A, Stena, Black Ice Capital and others, including founders and employees, participated in the round.

Voi, they design the solutions of tomorrow, today, by applying creativity and innovation. With their ground-breaking new method of urban mobility, they transform how people travel for passionately driven, greener cities and healthier communities.

Griffin

Griffin raises €21.9 million in funding. Leading this round were NordicNinja, Breega, and MassMutual Ventures, with participation from Notion Capital and EQT Ventures, two of the original investors.

Griffin, which was established in 2017, has reaffirmed its dedication to creating a significant, long-lasting company and to integrating sustainable business principles into all aspects of operations.

RECOMMENDED FOR YOU

recomd
Belgium
[Funding alert] Luxembourg-based Ecommerce Platform MarketLeap Secures €1.5 million in Seed Funding
Startup Rise EU
Oct 10, 2023
recomd
Austria
[Funding alert] Vienna-based Startup Refurbed Secures $57 million in Series C Round Funding
Startup Rise EU
Nov 7, 2023
recomd
Funding
trawa funding news – Renewable Energy Supplier trawa Raises €10 Million in Seed Funding
Startup Rise EU
May 16, 2024

Baanx

Baanx secures $20million in series A round funding. Ledger, Tezos, Chiron, and British Business Bank were among the backers. The company plans to utilize the money it has raised—more than $30 million in total—to grow its operations, access new markets, and continue its development work.

Baanx, In addition to physical and virtual debit cards, digital wallets, IBANs/DDA Accounts, borrowing/lending, remittance/FX, payment gateways, and other financial services that are asset-friendly for digital assets, they are a B2B2C service provider.

Adaptive ML

Adaptive ML Secures over €18.3 Million in Seed Funding. Index Ventures led this round. HuggingFund by Factorial, IRIS, Motier Ventures, Databricks Ventures, ICONIQ Capital, and numerous more well-known angel investors participated in the round.

Adaptive ML, their primary goal is to democratize these techniques so that any business may employ cutting-edge preference tweaking to achieve better results for their particular use cases and products.

NeoTaste

Osnabrück Its gastrotech app with the fastest rate of growth in Germany, NeoTaste, has announced a €15.1 million Series A extension. Leading European startup capital firm Earlybird is leading the funding round, and returning investor Burda Principal Investments (BPI), Hubert Burda Media’s autonomous investing division, is also participating.

NeoTaste is an app that helps you find local eateries and cafes. They have succeeded in bringing guests and gastronomy together digitally, which has new benefits for both parties. Restaurant owners can maximise their use and attract new clients using NeoTaste.

BotGuard OÜ

BotGuard OÜ, Estonian cybersecurity software firm that assists web hosting companies with traffic control and infrastructure protection against hostile threats. MMC Ventures led a €12 million Series A fundraising round for BotGuard OÜ. An Prominent angel investor Stefan Lindeberg invested in the round together with current backers Tera Ventures and Expeditions Fund.

Founded in 2019, BotGuard is a European business with its main office located in Tallinn, Estonia. With clients and partners in over 30 countries, they operate internationally and create cutting-edge online tools that are simple to use to shield businesses from contemporary online threats.

SUBLIME Energy

SUBLIME Energy secures €11.5 million in funding to accelerate the implementation of its innovative technology directly on farms. The fundraising round, headed by The Révolution Environnementale et Solidaire managed by Crédit Mutuel Impact, will also allow the company to hire more employees, start a demonstration project to manufacture green fuel by 2025, and establish an innovative biogas collection network.

SUBLIME Energie is a company that provides solutions for the collection, transportation, purification, and packaging of biogas. It does this by enabling farms to profit from the biogas produced by methanization process and by establishing a new local market for the supply of bioNGV (natural vehicle gas) and bioCO2.

Necture

Necture, a leading technology firm that was originally known as Ubiq and is driving the adoption of electric fleets, revealed that it has raised an extra €7 million for its Series A round of funding. Leading the investment round were Verbund X Ventures (Austria) and Smart Energy Innovationsfonds (Switzerland), which joined previously invested parties Speedinvest and smartworks innovation GmbH.

NECTURE enables the seamless integration of mobility and energy, enabling organisations to fully leverage the potential of their fleets. By fusing data-driven intelligence with human-driven knowledge, they offer customised solutions that maximise efficiency, cut expenses, and meet sustainability objectives.

In various European Startups Funding Roundup, these startups raised funding from venture capitalists and angel investors, and secured place in the Top 10 European Startups Funding Deals of this Week.

Frequently asked questions (FAQs)

Name the Top 10 European Startups Funding Roundup in This Week?

Ada Ventures, TheyDo, Micromobility Operator Voi, Griffin, Baanx, Adaptive ML, NeoTaste, BotGuard OÜ, SUBLIME Energy, Necture, are the Top 10 European Startups Funding Roundup in This Week.

Recommended Stories for You

story
Funding

[Funding alert] Dutch Online Grocery Store Picnic Secures €355 Million in Funding

Startup Rise EU Jan 11, 2024

story
Funding

[Funding alert] Oxford Quantum Circuits (OQC) Raising $100 Million in Series B Round Funding

Startup Rise EU Nov 28, 2023

story
Recent Articles

Global Regulatory Monitoring Platform Chemycal is Acquired by 3E

Startup Rise EU Nov 21, 2023

story
Funding

Paris-based Zefir Secures €11Million in Funding

Startup Rise EU Apr 23, 2024

story
Recent Articles

[Funding alert] Bio-composite Technology Startup Strong by Form Secures $5.2 Mn Seed Funding

Startuprise Dec 5, 2023

story
Funding

[Funding alert] Scottish-based Wave Energy Pioneer Mocean Energy has raised £2.2 Million in Funding

Startup Rise EU Nov 13, 2023