Top 10 Funding Wrap of the Week – September 30 – October 4 2024

The Top 10 European Startups Funding Roundup of This Week

Kurma Partners

Kurma Partners, an asset manager focused on improving human health, secures €140 million in first close of mew €250 million Biofund IV, successfully completing the first closing of Biofund IV.

Carmoola

Fintech Carmoola car finance, has made a major new debt deal with NatWest, worth £100M. The new funding will help even more people find and buy cars, and as a result of this deal, Carmoola claims it expects to deliver billions of pounds worth of loan originations over the next five years.

Dexory

Dexory, the leading robotics and data intelligence company, secures $80million in series B round funding. 

Submer

Submer secures $55.5M funding led by M&G, with Barclays Bank Ireland PLC as the placement agent. Existing investors Planet First Partners and Norrsken VC reinvest, reaffirming their support for Submer's financial position and growth potential.

HungryPanda

HungryPanda, a food delivery platform targeting Asian communities, secures $55 million in funding.

Pluq

Pluq, a specialist in electric vehicle charging solutions, secures €50million in funding framework credit facility from Swedish investor P Capital Partners. 

Ovoko

Ovoko is an online marketplace for auto parts that links recyclers, dealers, mechanics, auto dismantlers, and enthusiasts with vendors of auto parts. The Lithuanian startup recently revealed that Smash Capital had provided €20 million in Series B round funding.

Notpla

London-based Notpla, which develops scalable materials from seaweeds and plants for sustainable packaging, raises £20 million in series A round funding. 

xtype

xtype, the leading software company for multi-instance management on the ServiceNow platform, secures €19 million in series A round funding led by Norwest Venture Partners, with participation from ServiceNow Ventures and existing investors including Columbia Capital and Inner Loop Capital.

Harmonic Security

Harmonic Security raises $17.5million in series A round funding to bring its unique “zero-touch data protection” capabilities to enterprises. 

Faqs - Funding Roundup in This Week