Top Funding Wrap of the Week – January 6 – January 10 2025

The Top 10 European Startups Funding Roundup of This Week

Verdiva Bio

Verdiva Bio Limited (“Verdiva” or “the Company”) announced its launch as a clinical-stage biopharmaceutical company focused on developing innovative therapies for obesity and other cardiometabolic disorders.

Smartfin

Smartfin, a leading growth equity investor in European B2B technology companies, has successfully closed its third growth fund at its €250 million target.

FIRE1

FIRE1, a company that provides connected medical device solutions, has raised $120M in funding, led by Polaris Partners and Elevage Medical Technologies. New investors like Longitude Capital and Sands Capital joined existing investors in this round.

CeQur

CeQur, a company that makes medical devices for easier insulin delivery, has raised $120 million.

XOCEAN

Ireland-based XOCEAN, which provides ocean data for offshore energy and civil hydrography sectors, has raised €115M in funding to expand globally.

Orbis Medicines

Orbis Medicines, a leader in oral macrocycle drug discovery, announces the close of a €90Million Series A funding round, bringing the total amount raised by the company to EUR 116 million. The funds will support the development of Orbis’ pipeline of next-generation oral macrocycle drugs, called ‘nCycles.’

Leyden Labs

Leyden Laboratories B.V. (the “Company” or “Leyden Labs”) announced it has raised $70M in funding to advance its Mucosal Protection Platform.

Numab Therapeutics

Numab Therapeutics AG , a clinical stage biotechnology company advancing a proprietary pipeline of multi-specific antibodies in immunology and oncology, announced today the closing of an oversubscribed CHF 50 million (approximately USD 55 million) Series C extension, bringing the total Series C to CHF 180 million.

Superhero Capital

Helsinki-based Superhero Capital has launched its fourth fund, focusing on investments in Finland and the Baltics. The firm has typically invested up to €1 million in each project.

Hycamite

Hycamite TCD Technologies (“Hycamite”) has attracted strong global interest in its methane-splitting technology, which produces low-carbon hydrogen and high-value solid carbon products from methane.

Faqs - Funding Roundup in This Week