Funding Wrap of the Week | European Startups Funding Roundup | March 31 – April 5

The Top 10 European Startups Funding Roundup of This Week

Pigment

Pigment Secures €133 million in series D round funding, led by ICONIQ Growth, who also spearheaded Pigment’s Series C investment close to a year ago. Sandberg Bernthal Venture Partners as well as several other existing investors including IVP, Meritech, Greenoaks and Felix Capital have also participated in the round, demonstrating continued confidence in Pigment’s long-term growth trajectory.

Pigment, france based startup, it is a business planning platform that provides organizations with the tools needed to intuitively and intelligently build and adapt strategic plans. Industry-leading companies like Unilever, Merck, Klarna, PVH, Webhelp, Figma and Poshmark use it every day to quickly get an accurate picture of their business, make better decisions, and focus more on executing strategy in a rapidly changing world.

Scayl

Scayl, a debt financing platform founded by ex-VC, Fintech and senior financial services executives, secures €100 million in funding which it will immediately make available for European Fintech lenders.

Scayl is a Stockholm-based debt financing platform that provides lenders with access to flexible and transparent funding structures while shortening time to funding by 10x. This is achieved by partnering with banks and in turn providing them with SME and consumer credit exposure.

Luminance

Luminance, the leader in ‘legal-grade’ AI, today announced that it has raised $40 million in a Series B funding round. The investment is led by Santa Monica-based growth-stage venture firm, March Capital, with participation from National Grid Partners and other existing investors, including Slaughter and May.

Built on a proprietary legal Large Language Model (LLM), Luminance brings AI to every touchpoint a business has with its documents, from instantly flagging non-standard clauses in any incoming contract in Microsoft Word and suggesting preferred language, to automatically identifying areas of non-compliance and key terms, obligations and dates in all executed agreements.

Biofidelity

Biofidelity, a revolutionary genomic technology company dedicated to bringing the benefits of precision medicine to patients around the world, successfully completed a financing round totalling $24 million bringing total funding raised since the Company was founded in 2019 to $60 million.

Biofidelity, uk startup is a rapidly growing commercial-stage genomic technology company dedicated to improving and extending the lives of patients with cancer by enabling better targeting of therapies, early detection of treatment resistance and routine monitoring of treatment response.

ikas

New generation e-commerce infrastructure ikas secures $20Million in series A round funding. This achievement is a testament to the hard work and dedication of their team, and it marks a pivotal moment not only for them but also for the Turkish startup ecosystem.

Ikas is an, german based, innovative e-commerce platform made specifically for small companies. They assist SMBs in having excellent back-end capabilities that are ready to use right out of the box in addition to blazing-fast storefronts.

Fluid Topics

Fluid Topics pivoted in 2014 when it launched its Content Delivery platform, reinventing how people search, read, and interact with product documentation secures €15million in series B round funding.

The AI-Powered Content Delivery Platform (CDP) from Fluid Topics is a software programme that gathers and unifies all kinds of documentation, regardless of its original format or source, and then feeds pertinent content—in context with the needs and environment of the user—to any digital channel, device, or application.

Coadjute

London-based , a property technology startup Coadjute Secures £10Million from major banks. This round has been funded in part by Nationwide, Rightmove, Lloyds Banking Group, and NatWest. With this round, Coadjute has invested a total of £23 million since its establishment in 2018.

Coadjute, a london startup is a property technology business headquartered in London. Through the use of blockchain, their open network links the parties engaged in real estate transactions, reducing costs and speeding up the process. 

Keeyns

Den Bosch-based Keeyns has successfully secures €10million in funding, setting the stage for its ambitious expansion into Europe and the United States. With this investment, it will develop specialized tax engines for different tax areas. These engines will automate tax preparations and tax reporting, making it easier and more efficient. 

Founded in the Netherlands in 2017 by former tax partners, Keeyns is revolutionizing the way tax divisions operate. It’s their mission to make tax processes smarter and more enjoyable, ensuring full control and compliance worldwide.

Iceberg Data Lab

Iceberg Data Lab (“IDL”), A prominent supplier of climate and biodiversity data solutions to financial institutions, has raised €9.2 in series A round funding. The French venture capital fund MAIF Avenir, AXA Investment Managers, and other current investors provided additional investment for the round, which was headed by the transatlantic venture capital firm Beringea.

Iceberg Data Lab was established in 2019 to track and quantify environmental variables and give financial institutions a comprehensive environmental life cycle analysis of the companies in their portfolio. The company now covers all nations, industries, and scopes, including emissions under Scope 3.

Warwick Acoustics

Warwick Acoustics, a developer of in-car electrostatic speakers secures £7million in funding With support from NFU Mutual and other individual investors, Mercia Ventures led the round.

Warwick Acoustics, a uk based startup is unwavering: to provide exceptional listening experiences. The music that moves you is given new life by their innovative audio systems. They provide an immersive, personal, exhilarating, and authentic listening experience through their world-first in-car electrostatic systems and their multi-award-winning Sonoma M1 or APERIO Headphone Systems.

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.