Top 10 Funding Wrap of the Week – September 9 – September 13 2024

The Top 10 European Startups Funding Roundup of This Week

PanTera

PanTera, the Belgian radioisotope producer, has completed a EUR 93 million oversubscribed Series A fundraise led by EQT Life Sciences, with additional equity and debt funding bringing the total amount raised to EUR 134 million.

Reverion

Reverion, a company building reversible, carbon-negative power plants, secures $62 million in series A round funding, including non-dilutive funding. Reverion oversubscribed round was led by Energy Impact Partners (EIP) with participation from Honda and the European Innovation Council Fund (EIC Fund).

Outward VC

London-based investment firm Outward VC has secures €60.5 million in funding. The fund has received a cornerstone investment of €35.5 million from the British Business Bank, which is deploying capital through its Enterprise Capital Funds programme, which has a strong track record in backing emerging, UK-based Venture Capital fund managers. A wide range of private investors are also participating in the fund.

MirrorWeb

MirrorWeb, a leader in the digital communications archiving, supervision, and surveillance software space, raises €57 million in equity funding from Mainsail Partners.

Novatus Global

Novatus Global Limited, an award-winning provider of regulatory technology solutions to global financial institutions, has secured a $40 million investment from Silversmith Capital Partners, a Boston-based growth equity firm.

Abolis Biotechnologies

Abolis Biotechnologies, a company specializing in industrial solutions using microorganisms, announced the closing of a €35 million financing round led by an international consortium of investors.'

Battolyser Systems

Battolyser Systems, the manufacturer of the world’s only electrolyser with battery functionality that enables the lowest cost green hydrogen, secures €30million in series A round funding from Global Cleantech Capital, Innovation Industries, and Invest-NL.

MATR

MATR, a foodtech startup, secures €20million loan agreement with the European Investment Bank (EIB) to expand production of plant-based meat alternatives.

Solasta Bio

Forbion, a leading global life sciences venture capital firm with deep expertise in Europe, has led the $14m Series A Financing of SOLASTA Bio, a leading agri-biotech company specialising in the next generation of green insecticides.

Elum Energy

Paris, France-based Elum Energy has secured $13 million in Series B funding led by Energize Capital, with participation from Alter Equity and Cota Capital.

Faqs - Funding Roundup in This Week