Top 10 Funding Wrap of the Week – October 28– November 1 2024

The Top 10 European Startups Funding Roundup of This Week

Flower

The Swedish energy tech company Flower has raised €45 million in a Series A funding round, with an extra €20 million bringing the total to €45 million. 

Beyond Aero

Beyond Aero, a startup working on the first hydrogen-powered electric business aircraft, has raised $44 million in Series A funding, including an extra $20 million.

Aignostics

Aignostics, a global artificial intelligence (AI) company that turns complex multi-modal pathology data into transformative insights, raises €31.4 million in series B round funding.

Mine Storage

Stockholm-based Mine Storage has secured a €22 million grant from the EU Innovation Fund. This funding will help the company improve grid stability and resilience while incorporating renewable energy sources.

Infraspeak

Infraspeak, a smart platform for managing facilities, has secured €18 million in Series B funding led by Endeit Capital. Other investors, including Bright Pixel Capital, Caixa Capital, Innovation Nest, and Indico Capital Partners, also took part.

Creative Capital Ventures

Creative Capital Ventures (CCV) is a venture studio in London, has launched a new investment fund to support early-stage tech companies and intellectual property acquisitions. 

Semble

Semble, a health tech software company that helps providers organize their data, has secured $15 million in Series B funding led by Mercia Ventures, with participation from Octopus Ventures, Smedvig Ventures, and Triple Point.

Modash

Modash, a platform that helps brands connect with content creators, has raised €11 million in Series A funding. The round was led by henQ VC, along with previous investors from Modash’s earlier funding rounds.

Buddy.ai

Montenegro-based Buddy.ai, a conversational AI tutor for kids, has raised €10.2 million in seed funding, bringing its total funding to €12 million since it started.

FYLD

London-based FYLD, a platform that improves fieldwork in the infrastructure sector, has received a $10 million investment from NatWest. This partnership will help FYLD to grow and invest more quickly as it moves beyond its development stage.

Faqs - Funding Roundup in This Week