Top 10 Funding Wrap of the Week – October 21 – October 25 2024

The Top 10 European Startups Funding Roundup of This Week

Vinted

Lithuanian second-hand marketplace Vinted has strengthened its position as a European leader by securing €340 million in funding led by asset manager TPG. 

Resurge Growth Partners

Resurge Growth Partners, based in London, has started a €120 million fund to help high-potential companies in Europe and Israel that have outgrown traditional venture capital but are not yet ready for private equity.

Agomab Therapeutics

Agomab Therapeutics NV secures $89 million in series D round funding, with participation from new investors Sanofi and Invus, as well as existing investors.

terralayr

Terralayr, a company that develops renewable battery storage systems. It has recently secured €77 million in funding.

MobilityPlus

MobilityPlus, based in Ghent, has raised €40 million to grow its electric vehicle (EV) charging services in Europe. The funding comes from Suma Capital’s Climate Impact Fund III, which supports projects aimed at energy transition.

360 Capital

360 Capital, a venture capital firm from Italy and France managing over €500 million, has announced the first closing of its new fund, 360 Digitaly, with €30 million dedicated to seed and early-stage investments in startups focused on digital transformation.

Vortexa

Vortexa, a leading provider of real-time global energy and freight analytics, is proud to announce a $25m strategic debt financing with CIBC Innovation Banking, following the company’s successful $34m Series C funding round led by Morgan Stanley.

Cyber Guru

Cyber Guru is a fast-growing cybersecurity training platform has raised €23 million in Series B funding. This funding will help organizations strengthen their defenses against cyber threats by changing employee behavior.

Oriole Networks

Oriole Networks, a company that uses light to train Large Language Models while consuming a fraction of the usual AI energy, has secured an additional €20.2 million from top investors to expand its "super-brain" solution.

Granola

Granola, an AI-powered meeting notepad, has raised $20 million in Series A funding led by Spark Capital, with participation from AI Grant, Lightspeed, Betaworks, and others.

Faqs - Funding Roundup in This Week