Top Funding Wrap of the Week – December 16 – December 20 2024

The Top 10 European Startups Funding Roundup of This Week

Oura

ŌURA, the popular Oura Ring smart ring maker, has completed a $200 million Series D funding round. Fidelity Management & Research Company and glucose biosensing leader Dexcom participated in the round, bringing the company's valuation to $5.2 billion.

Aonic

Swedish gaming and tech company Aonic has raised €152 million. Aonic is a growing group of game studios and service providers, helping founders and teams boost their expertise and encourage collaboration.

1KOMMA5°

German startup 1KOMMA5° has raised €150 million in a Pre-IPO round, bringing its total funding to over €650 million. The company operates Heartbeat AI, a virtual power plant.

Voima Ventures

Voima Ventures has closed its €100 million+ Fund III, a deep tech fund that follows Article 8 regulations. Based in Helsinki and Stockholm, the fund has already made 8 investments to support innovative deeptech projects in the Nordic and Baltic regions.

ICEYE

ICEYE, the global leader in synthetic aperture radar (SAR) satellite operations for high-fidelity Earth Observation, persistent monitoring, and natural catastrophe solutions, announced that it has closed a $65M extension of the company’s earlier growth funding round of $93M, announced in April 2024.

BVNK

London-based fintech company BVNK has successfully closed a $50 million Series B funding round. BVNK offers stablecoin payment solutions, bringing together banks and blockchains on one platform to speed up global money transfers.

Bnewable

Belgian energy director Bnewable, founded in 2022 and specialized in battery systems and energy management for companies, announces a commitment of 40 million euros in fresh growth capital from its existing investors.

Robin Capital

Robin Capital, a German venture fund founded by Robin Haak, has closed its first fund, Robin Fund One, raising €15 million.

VÆRIDION

VÆRIDION, the aviation company developing a market leading e-aircraft for short-haul commercial flights, announced that it has raised a €14 million Series A funding round in equity financing.

Excess Materials Exchange

Excess Materials Exchange (EME), a waste management company based in Amsterdam, has raised $5M (about €4.7M) in Series A funding, led by Wa’ed Ventures.

Faqs - Funding Roundup in This Week