Top 10 Funding Wrap of the Week – November 18 – November 22 2024

The Top 10 European Startups Funding Roundup of This Week

Odoo

Odoo S.A., a leading provider of integrated business software, has secured €500 million in funding led by CapitalG and Sequoia Capital, with participation from BlackRock, Mubadala Investment Company, HarbourVest Partners, AVP, and Alkeon.

Lighthouse

Lighthouse, a top commercial intelligence platform for the travel and hospitality industry, has raised $370 million in Series C funding led by KKR.

The Exploration Company

European spacetech company The Exploration Company (TEC) has raised $160 million in Series B funding, bringing its total funding to nearly $230 million.

TEKEVER

TEKEVER, the European market leader in AI-centric Unmanned Aerial Systems (UAS), announces that it has secured €70 million in funding led by Baillie Gifford, the investment manager and early backer of Airbnb, Spotify and SpaceX, and the NATO Innovation Fund (NIF).

Nivoda

Nivoda, a digital marketplace for the diamond industry, has raised €48.4 million in its latest funding round. Led by Northzone and supported by investors like Avenir, Headline, Abstract Ventures, and Canaan Partners, this brings the company’s total funding to €91.2 million.

Liquid Wind

Liquid Wind, a Swedish company that develops eFuel production facilities, has raised €44 million in a Series C funding round. The round, led by Uniper, HYCAP Fund I SCSp, and Samsung Ventures, is one of the largest investments in Europe’s eFuel sector this year.

KoRo

KoRo, a European snack brand, has raised €35 million in Series C funding. The round was led by New York-based Coefficient Capital, known for supporting brands like Oatly and Magic Spoon, with participation from existing investors such as Five Seasons Ventures, HV Capital, Partech, Haub Legacy, and SevenVentures.

Goodstack

Goodstack, a SaaS and fintech platform for managing charitable donations, has raised $28 million in Series A funding, led by General Catalyst with support from Morpheus Ventures and Repeat.

QPLIX

QPLIX, a leading Wealth Tech company specializing in portfolio management software for family offices, private banks, and asset managers, has raised over €25 million from Partech via its Growth Fund to expand globally.

Faircraft

Faircraft, a company that makes lab-grown leather, has raised €15 million in Series A funding. Faircraft investment comes from international funds including Entrepreneur First, Blue Wire Capital, Kindred Ventures, Heirloom, Cap Horn, BPI, Alliance for Impact, and Sake Bosch.

Faqs - Funding Roundup in This Week