Top 10 Funding Wrap of the Week – August 19 – August 23 2024

The Top 10 European Startups Funding Roundup of This Week

Vandria

Vandria SA, a company at the vanguard of mitochondrial therapeutics developing first-in-class small molecule mitophagy inducers, secures $30.7million in series A round funding. Hevolution Foundation and Dolby Family Ventures joined the lead founding venture investor ND Capital.

Fresha

Fresha, a marketplace platform for beauty and wellness, secures €27.8 million in venture debt funding from J.P. Morgan. With this finance, Fresha will be able to expand into new areas more quickly and advance its platform further by developing its machine learning skills and robots powered by artificial intelligence.

Tilt

Tilt, an app that aims to give digital natives a category-defining retail experience, raises €16.1 million. Leading the Series A round was Balderton Capital, with participation from TQ Ventures, Earlybird, and Seedcamp, along with other current investors.

Reliant AI

Reliant AI, a provider of gen AI-powered data analytics software, announced today its launch out of stealth with $11.3 million in seed funding. The new capital was co-led by Tola Capital and Inovia Capital, with participation from angel investor Mike Volpi.

BeyondMath

BeyondMath, a leader in advanced engineering simulation, secures $8.5million in seed funding led by UP. Partners with significant participation from Insight Partners and InMotion Ventures, the investment arm of JLR.

Root

Root raised an €8M seed round, led by Christoph Janz at Point Nine, with participation from Project A, HelloWorld, Arc Investors, and a host of experienced startup operators.

XO Life

XO Life, a leading digital health startup, has developed the ImpactMonitor™ platform, a meta-platform that provides patients with trustworthy health information, therapy monitoring as well as support and exchange with other patients.

FLOWIT

FLOWIT, a digital coaching platform, has raised €4.2 million in seed money. It gives all employees access to real-time feedback and growth, especially those who work in front-line roles like service technicians, healthcare providers, hospitality personnel, and other non-desk employees. Conventional staff development frequently ignores these groups.

Bookbot

Bookbot, an online platform for second-hand books, secures €4 million in series A round funding at a valuation of over €20 million led by new investor Genesis Growth Equity Fund I with the participation of existing shareholder Miton.

NADMED

Helnsinki-based NADMED secures €3.5 million in series A round funding to fund its entry to the U.S. and other international markets with its proprietary nicotinamide adenine dinucleotide (NAD) measurement technology that may help clinicians establish more precise and personalized treatments for various diseases

Faqs - Funding Roundup in This Week