Top 10 Funding Wrap of the Week – June 24 – June 28 2024

The Top 10 European Startups Funding Roundup of This Week

DTCP

DTCP, an independent investment management firm focused on digitization and automation, secures €420 million of its DTCP growth equity III fund and an initial closing of its additional B2B early stage investment fund.

Rohlik Group

Food Retailtech and Online Grocery Company Rohlik Group announces it has successfully secures $170 million in fresh growth funding bringing its funding to over $780 million.

SkyCell

Swiss-based pharmatech company SkyCell secures $116million in series D round funding. The investment will be used to expand SkyCell’s global footprint with a key focus on growth across the US and Asia.

Neustark

Switzerland-based Neustark, a carbon removal provider, secures $69 million in funding to underpin its rapid scale-up in the carbon dioxide removal (CDR) market.

Axelera AI

Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, announced its successful close of an oversubscribed $68 million Series B financing round.

Prewave

Prewave, the AI-enabled sustainability, risk and compliance platform, secures €63 million in series B round funding, led by the global investment firm Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest and Working Capital Fund.

MiddleGame Ventures

MiddleGame Ventures (MGV), a Luxembourg-based investment firm focused on fintech startups, announced that it has raised a new fund targeting early-stage investments in Europe.

TechWolf

TechWolf, a leading Belgian AI company, is proud to announce the successful closure of a $42.75 million Series B funding round to build the AI Infrastructure layer for Skills.

Hive Technologies

Berlin-based Operations platform Hive Technologies secures €28.2 million in series A extension at an increased valuation. Hive, a 2020 startup, raises revenue by up to 24% while saving commerce businesses on average 17% in costs by integrating potent technology with a network of top operations suppliers.

Innatera

Netherlands-based Innatera, the leading innovator in ultra-low power neuromorphic processors, proudly announces the oversubscription of its Series A funding round, securing an impressive influx of capital totaling $21 million.

Faqs - Funding Roundup in This Week