Top 10 Funding Wrap of the Week – September 23 – September 27 2024

The Top 10 European Startups Funding Roundup of This Week

Mews

Mews, the industry-leading hospitality cloud, secures $100 million in new financing from Vista Credit Partners, the subsidiary of Vista Equity Partners and a strategic credit and financing partner focused on the enterprise software, data and technology markets.

Distribusion

Distribusion, the world’s leading B2B ground transportation marketplace, secures $80 million in series C round funding led by TQ Ventures, with super pro rata participation from existing investor Lightrock.

Raycast

Raycast, a software company redefining productivity, secures €27 million in series B round funding to reduce workplace context switching and improve focus.

Vsim

Simulation startup Vsim secures $21.5million in seed funding led by EQT Ventures with participation from Factorial Fund, Samsung Next, Tru Arrow, Xora (a fully owned subsidiary of Temasek), IQ Capital, Koro Capital, Concept Ventures, Lakestar Scout Fund, Carles Reina.

hlpy

hlpy, a leading Italian scale-up in full digital services for mobility and vehicle assistance, secures €18 millions in series B round funding aimed at strengthening its growth process in major European markets and acquiring a leading operator in Germany in digital roadside assistance: HESA Solutions GmbH – MySchleppApp.

Bio-Sourcing

Belgian biotherapeutic company Bio-Sourcing has been awarded €2.5 million in grants and €10 million in equity from the European Innovation Council (EIC) Accelerator.

Jet HR

Jet HR secures €12 million in seed funding, bringing total funding to €16.7 million. The Italian startup was founded by Marco Ogliengo and Francesco Scalambrino. Jet HR aims to eliminate the bureaucracy surrounding payroll, HR, and running a company in Italy.

Jump

HRtech startup Jump has secures €11 million in series A round funding. With more than 4 million freelancers in France and younger generations dreaming of more than just a traditional career, the world of work is undergoing a profound transformation.

SURGAR

SURGAR, a startup creating augmented reality (AR) tools for less invasive surgery, has raised €11 million in capital. The AR software from SURGAR combines in real-time the minimally invasive (laparoscopic) image with the patient's digital twin (obtained through MRI or CT scans).

PACT

PACT secures €10.7 million seed round to advance the development and reach of pioneering biomaterials inspired by nature. The investment came from Hoxton Ventures, ReGen Ventures, Celsius Industries (formerly UNTITLED) and Polytechnique Ventures.

Faqs - Funding Roundup in This Week