Series A Funding NEWS Europe – July 2024

Even if they haven't demonstrated it yet, businesses are required to have a plan for creating a business model in a Series A financing. It is also anticipated that they will use the funds raised to boost sales.

Startup Series funding explained: Series A, Series B, Series C, Series D, Series E.

Latest Series A Funding News 2024

planqc : The leader in digital atom-based quantum computing in Europe, planqc, is pleased to announce that €50 million in series A funding has been secured.

Myricx Bio : Myricx Bio ('Myricx'), a biotech business based in the United Kingdom that specialises in the identification and advancement of an entirely new class of antibody-drug conjugate (ADC) payloads, completion of its series A funding, which raised £90 million ($114 million).

Nala : Nala, a London, UK-based fintech company Building Payments for the Next Billion has raised $40M in Series A Funding. 

SciRhom : SciRhom GmbH, a biopharmaceutical business situated in Munich, Germany, has closed a EUR 63 million (USD 70 million) Series A fundraising round. The company is leading the development of first-in-class therapeutic iRhom2 antibodies.

Byway : Travel tech startup Byway has raised €5.9 million in an oversubscribed Series A funding round led by Heartcore Capital, with participation from Eka Ventures and re-investing Byway angels.

Haruko : Haruko, a digital asset investment management platform based in London, has raised $6 million in a series A round of funding.

44.01 : 44.01 announces the completion of a $37m Series A funding round. 44.01 eliminates CO2 by turning it into rock. The company’s pioneering technology accelerates the natural process of CO2 mineralisation to remove captured CO2 permanently in less than twelve months. 

Instinct Digital : Instinct Digital, a software designed to streamline and automate key aspects of funds and investor reporting, secures £5million in series A round funding, led by AlbionVC.

Loci Orthopaedics : Loci Orthopaedics Ltd, an orthopaedic medical device company, secures €12.8 million in series A round funding.

CultureAI : CultureAI, a human risk management platform, has raised €9.1 million in its series A round of financing. 

Again : Carbon utilisation company Again secures $43 million in a series A round funding co-led by GV and HV Capital.

Leya : Leya has raised a $25 million Series A led by Redpoint with participation from existing investors Benchmark, Y Combinator, Wayfinder Ventures, and the addition of Alt Capital.

wamo : wamo, a leading digital business account provider for SMEs, raises €4.5 million in series A round in growth funding.

Nearby Computing : Nearby Computing, a leading platform in orchestration and automation for Edge Computing, secures €6.5 million in series A round funding.

Faqs - Series Funding