Top 10 Funding Wrap of the Week – November 4 – November 8 2024

The Top 10 European Startups Funding Roundup of This Week

Axeleo Capital

Axeleo Capital, a French venture capital firm, has raised €125 million for its Green Tech Industry I fund. The fund is supported by three main investors: the Révolution Environnementale et Solidaire fund, Bpifrance, and the Fonds National de Venture Industriel (FNVI).

Pymwymic

Pymwymic, an impact investment firm, has raised €71.5 million for its Healthy Food Systems Impact Fund II, exceeding its €70 million target.

4impact Capital

Dutch venture capital fund 4impact Capital has closed its second fund (Fund II) at €68 million. This fund focuses on early-stage digital and sustainability startups in northwest Europe, aiming to provide scalable solutions to global challenges while generating strong financial returns.

ZE Energy

ZE Energy, a renewable energy company based in Paris that focuses on Battery Energy Storage Systems (BESS), has raised €54 million in new funding.

Cintoo

Cintoo is a cloud-based reality data management company with offices in Miami and Biot-Sophia Antipolis, France, has announced the completion of a €37 million Series B funding round led by Partech. 

TCC

TCC is a German startup that specializes in telemedicine and artificial intelligence, has acquired €20 million in Series A investment. The round, which is headed by German shipping and logistics entrepreneur Captain Thomas Pötzsch, is a major step to provide hospitals with scalable tele-intensive care solutions. 

Yazen Health

Yazen Health is a Swedish healthcare platform that treats obesity, has announced that its €19.5 million Series A fundraising round is now complete.

ForeFront RF

Forefront RF Ltd, a fabless semiconductor company based in Cambridge, UK, secures £16million in series A round funding, backed by existing investors BGF and Foresight Group, alongside new VC partners, Octopus Ventures and Cambridge Innovation Capital.

Marosa

Marosa, a software company that helps businesses with invoicing and tax compliance, has raised €12 million in funding from Aquiline, a private equity firm. This is the first round of funding for Marosa and will help the company grow, expand its services, and support its global growth.

DashO

Dash0, the first OpenTelemetry-native observability tool, has raised $9.5M in seed financing to bring simple standardized observability to modern cloud-based businesses.

Faqs - Funding Roundup in This Week