Top Funding Wrap of the Week – February 17 – February 21 2025

The Top 10 European Startups Funding Roundup of This Week

Reneo

Reneo, the Hamburg based single-source solution for cost-efficient, large-scale decarbonisation of residential real estate, is pleased to announce it has amassed a €600 million capital platform to identify and realise the ecological and economic potential of stranded real estate assets.

Polestar Capital

Polestar Capital, based in Hilversum, Netherlands, has launched a €500M fund called the Polestar Capital e-Mobility & Infrastructure Fund (PCEIF) to help with the shift to zero-emission transportation.

Lion Storage

Lion Storage, based in The Hague and part of Return, announced that its ‘Mufasa’ energy storage project has secured funding. The project is being supported by Macquarie Capital as the lead investor, along with TINC, other Return investors, and six banks.

naturalX Ventures

naturalX Ventures has closed a €100M VC fund to support consumer health startups. The fund aims to fill a gap in Europe’s healthcare investment landscape, primarily targeting Series A investments, but also open to late Seed and Series B rounds.

Pulpex Limited

Pulpex Limited, the sustainable packaging technology company, has today announced a £62m Series D investment round led by the National Wealth Fund (“the NWF”) and the Scottish National Investment Bank (“the Bank”).

73 Strings

73 Strings, the financial intelligence platform using AI to revolutionize data extraction, monitoring, and valuation for the $17.6 Trillion AUM Alternative Asset Management space, has successfully closed a $55m Series B.

4Founders Capital

4Founders Capital, a VC firm in Barcelona, has launched its third fund, 4Founders Capital III, aiming to raise €65 million. The fund has already raised €44 million, over 67% of its goal, from existing investors like family offices, internet entrepreneurs, and institutions.

Cambridge GaN Devices (CGD)

Cambridge GaN Devices (CGD), a leading innovator in gallium nitride (GaN) power devices, has successfully closed a $32 million Series C funding round.

EG 427

EG 427, a biotech startup in Paris, has raised €27 million in a Series B funding round to develop targeted genetic medicines for common chronic neurological diseases. The round was co-led by Andera Partners and Bpifrance, with MTS Health Partners advising EG 427.

Spore.Bio

Spore.Bio has created a groundbreaking technology that uses AI to detect and measure bacteria in minutes instead of days. The company has raised $23 million in Series A funding, led by the European venture capital firm Singular.

Faqs - Funding Roundup in This Week