Funding

Weekly Startup Funding News Report For Monday, 24 June 2024 to Saturday, 29 June 2024

Jun 25, 2024 | By Startup Rise EU

Weekly Funding Roundup: Each week, we put out a report called Weekly Startups Funding News that summarises all the startups that raised funding that week.

Weekly Startups Funding News [Monday, 24 June 2024 to Saturday, 29 June 2024]

Weekly Funding Roundup: Each week, we put out a report called Weekly Startups Funding News that summarises all the startups that raised funding that week. This report offers a brief overview of the most recent developments in the startup financing ecosystem by compiling a list of these recently financed enterprises arranged by day.

Monday, 25 June 2024 – Startups Funding News

Vico Therapeutics Funding News - Vico Therapeutics, a clinical-stage genetic medicines company has raised €11.5M in second Series B funding from Seroba and Kurma Partners. 

ICSR Acquisition News - ICSR announces that it has been acquired by Arthur J. Gallagher & Co. through its subsidiary Artex, the captive and alternative risk transfer solutions business. 

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Hive Technologies funding news - Berlin-based Operations platform Hive Technologies secures €28.2 million in series A extension at an increased valuation. 

Tengo funding news - Tengo, a SaaS platform based in Paris that assists companies in winning more public tenders, has raised €3 million in finance, lead by Point Nine.

Estuaire funding news - Paris-based Climate Tech startup Estuaire, which offers a data platform for airlines, airports, and aviation financiers, secures €2.2million in seed funding. 

Neustark funding news - Switzerland-based Neustark, a carbon removal provider, secures $69 million in funding to underpin its rapid scale-up in the carbon dioxide removal (CDR) market.

SkyCell funding news - Swiss-based pharmatech company SkyCell secures $116million in series D round funding. The investment will be used to expand SkyCell’s global footprint with a key focus on growth across the US and Asia.

Prewave funding news - Prewave, the AI-enabled sustainability, risk and compliance platform, secures €63 million in series B round funding.

Getir funding news  - Food delivery giant Getir secures $250 million in funding led by Abu Dhabi wealth fund Mubadala Investment Co. Founded in 2015.

Monday, 24 June 2024 – Startups Funding News

Skynopy funding news - French-based spacetech startup Skynopy secures $3.1 million in funding. With this round, the total funding raised by the company accounts for $200 million.

Zing Coach funding news  - Munich-based Zing Coach, a health tech startup with an AI-powered fitness app, raises $10million in series A round funding from Zubr Capital and Triple Point Capital.

Trampoline funding news - UK-based Trampoline, a cross-border B2B home décor brand Secures $5 million in seed funding.

Net Zero Company funding news - Net Zero Company, a carbon removal startup situated in Stockholm, raises $5.5 million in venture money. 

CarCloud funding news - UK-based car finance platform CarCloud, secures £425k in seedrs round funding and exceeding its £325,000 target. 

Silence Therapeutics Funding News - Silence Therapeutics plc, an experienced and innovative biotechnology company committed to transforming peoples’ lives by silencing diseases through precision engineered medicines, announced that it will receive a $2.0 million cash payment.

CUREosity Funding News - Germany-based medtech startup CUREosity has secured €3.8M in a growth financing round from existing and new investors.

MarketSizer Funding News - Dublin-based Market intelligence platform, MarketSizer, has announced the closing of its pre-seed funding, totalling €1M.

FirstVet Funding News - FirstVet, online petcare platform has raised €20M Series C funding led by TELUS Global Ventures, the strategic investment arm of global technology company TELUS.

Curve Funding News - Curve has Secured Funding from Samsung Next. This new investment takes Curve's total raised funds to over $250 million and will be used to further enhance its products and offerings to financial consumers.

EpilepsyGTx Funding News - EpilepsyGTx, a biotechnology company focused on research and development of cutting-edge gene therapies to treat focal refractory epilepsy, announced it has raised a total of $10 million in seed funding. 

Saturday, 22 June 2024 – Startups Funding News

Zing Coach Funding News - Zing Coach , a new generation of fitness products - personal fitness companions has secured $10M in Series A Funding.

Char.gy funding news   - London-based EV charging company Char.gy secures €118.25million in funding from the Charging Infrastructure Investment Fund (CIIF), to expand its on-street charging network across the UK in the next five years.

Friday, 21 June 2024 – Startups Funding News

Lifesum Acquition News - The leading healthy eating platform, Lifesum has acquired Lykon, a biomarker-based personalized nutrition company. 

Wordsmith Funding News - Wordsmith announce $5M seed round led by Index Ventures with participation from General Catalyst, Felix, Yellow and S16vc. 

EventCHI funding news - EventCHI, a payments, ticketing, and intelligence platform, raises over €1.6million in seed funding. 

Donna funding news - Donna, a AI-based assistant that enables sales professionals on the go to focus on selling, secures $1.6 million in pre seed funding from US and European investors.

Nebul funding news - Nebul, a European leader in providing sovereign-hybrid cloud solutions secures €20million in funding aimed at growing its ability to fulfill rapidly accelerating client demand.

Wave Photonics funding news - UK-based Wave Photonics raises £4.5Million in seed round Funding to develop on-chip photonics designs for quantum technologies, sensors, and datacentre applications.

SAVA funding news - SAVA – the startup reinventing health monitoring with its real-time, affordable and painless microsensor – is emerging from five years of stealth secures over €7.4 million in seed funding round led by Balderton Capital and Exor Ventures.

LillianCare funding news - Mannheim-based LillianCare, a pioneering healthcare company dedicated to tackling Germany's critical physician shortage, proudly announces the successful completion of a €1.5 million extension funding round.

Isar Aerospace Funding News - Satellite launch service company Isar Aerospace announced a significant extension of its Series C round by more than EUR 65m, now totaling more than EUR 220m.

Thursday, 20 June 2024 – Startups Funding News

Accenture Acquistion News - Accenture has agreed to acquire Fibermind, an Italy-based network services company, specializing in fiber and mobile 5G networks deployment, as well as infrastructure engineering services. 

DeepJudge Funding News - DeepJudge has raised $10.7 million in an oversubscribed seed funding round led by Coatue, with participation from notable angel investors such as Gokul Rajaram, Michele Catasta and others.

atmio funding news  - atmio, the operating system for effortlessly finding, fixing, and reporting methane emissions secures €5.1 million in seed funding led by Notion Capital, with participation from SquareOne.

C12 funding news - C12, a Physics Laboratory of the École Normale Supérieure in Paris which is developing a carbon nanotube-based universal quantum computer, secures €18million in second round funding.

Qblox funding news - Delft-based Qblox, a leading innovator in quantum technology, Secures $26 million in series A round funding.

Avaneidi funding news - Avaneidi, an innovative Italian startup specializing in security enterprise storage systems, raises €8million in series A round funding led by United Ventures.

Quantum Innovations funding news - Warsaw-based Quantum Innovations has secures €9.4 million in second round funding.

PQShield funding news - PQShield, a cybersecurity company specializing in post-quantum cryptography (PQC), secures $37million in series B round funding.

Zerops funding news  - Platform as a Service cloud provider Zerops secures $500k in pre-seed round funding for its hosting service where customers can for develop, deploy, and run applications.

DealCircle funding news - DealCircle, a company offering technology-based M&A solutions for M&A advisors and buyers, raises 7-figure funding from Round2 Capital, to support its business expansion.

SLAY funding news - SLAY, a social gaming company secures $5Million in seed funding.

iOnctura Funding News - iOnctura, a clinical-stage biopharmaceutical company has secured €80 million Series B financing.

Wednesday, 19 June 2024 – Startups Funding News

Ethris funding News - Ethris GmbH, a leading biotechnology company pioneering next-generation RNA therapeutics and vaccines, announced that it has received funding from the Gates Foundation to support the advancement of the company’s lead mRNA-based product candidate, ETH47.

epresspack Funding News - epresspack, the SaaS solution for communication professionals that supports more than 300 major French and international brands (Accor, Allianz, Bercy, Orange, LVMH, Renault, Hermès, Dove…) and 1,300 users in 24 countries, announces that it has raised €7M from the investment fund Entrepreneur Invest. 

SurrealDB Funding News - SurrealDB, the ultimate multi-model database, today announced a $20 million investment round led by FirstMark and Georgian with participation from Crew Capital and Alumni Ventures. 

Dedagroup Acquistion News - Dedagroup, one of the leading fully Italian-owned IT players and a natural reference for businesses, financial institutions, and public administrations in evolving their IT and digital strategies, accelerates its development across borders. 

Apolitical Funding News - Apolitical, the global online learning platform and community for public servants, has received a $5 million grant from Google.org to scale up its Government AI Campus program.

Wind funding news - Wind, an emerging European VC built and backed by successful entrepreneurs, announced the launch of a new Article 9 fund.

Zilch funding news - Zilch, the world’s first ad-subsidised payments network (ASPN), secures £100 million in debt funding arranged by Deutsche Bank (DB).

Bisly funding news - Bisly, a startup providing next-gen smart building automation solutions, secures €6.2 million in funding.

StoryBox funding news - StoryBox, a pioneer in AI-powered corporate video production solutions, has raised €5.5 million in a Series A round of funding.

FOSSA Systems funding news - FOSSA Systems, a startup empowering global industries with accesible IoT and Space Technologies, secures €6.3 million in series A round funding.

forward earth funding news - Forward earth, an AI-powered environmental software company, secures €3.2 million in funding.

Condense funding news - Condense a virtual streaming company secures £500k in funding. This round was led by BBC's investment arm BBC Ventures BBC will also partner with Condense.

Avalor AI funding news - Amsterdam-based Avalor AI secures €2 million in seed funding, led by Keen Venture Partners, to accelerate autonomous capabilities of unmanned military systems.

Tecnotree funding news  - Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, strategic partnership with HCLTech.

Liquid Instruments Funding News - Liquid Instruments, a leading innovator of reconfigurable test instrumentation, today announced that it has secured a new round of funding totaling $12 million, led by a $10 million investment from Breakthrough Victoria, with other investors including Lockheed Martin Ventures, Acorn Capital, and Powerhouse Ventures. 

Tuesday, 18 June 2024 – Startups Funding News

Kfund funding news  - Spanish Kfund has secured €70M in commitments for its sixth fund. The fund manager plans to support entrepreneurs in creating and consolidating the companies that will define the future of business in southern Europe. 

Avolon funding news - Dublin-based Avolon, a leading global aviation finance company, announces it secures $750 million in a new unsecured credit facility.

TravelPerk acquisition news - TravelPerk, the hyper-growth global business travel management platform, acquired the industry-leading United States company AmTrav, doubling down on its expansion in the US.

CuspAI funding news - CuspAI, a transformational AI company building a platform for next-generation materials to tackle global sustainability and clean energy challenges secures $30million in seed funding from leading European an US venture funds.

Ramify funding news - Ramify, a innovative wealth management and financial advisory platform, secures €11 million in series A round funding.

mika funding news - mika, a GenAI startup focused on reducing bureaucratic hurdles for small businesses, secures €800k in pre-seed funding.

FINBOURNE funding news - FINBOURNE Technology’s solutions deliver an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market; it secures £55 million in series B round funding.

Droppe funding news - Droppe, a pioneering Finnish company in B2B distribution, secures €3.9million in funding.

Monday, 17 June 2024 – Startups Funding News

RSK Group funding news - RSK Group Limited, a global leader in the delivery of sustainable solutions, sign an agreement to secures £500 million in Funding.

IENAI Space funding news - Space mobility company IENAI Space secures €3.9 million in funding during its latest funding round. Together with previous investments, this latest round brings the total funding of IENAI to €7 million.

Preqin partnership news - Preqin, the global leader in alternative assets data, tools, and insights, and Measurabl, the world’s most widely adopted ESG technology for real estate, announced a partnership.

Elin.ai funding news - Czech-based Gen Z mental health app Elin.ai secures €600k in pre-seed funding from Presto Ventures, BD Partners, and angel investors.

Saturday, 15 June 2024 – Startups Funding News

Highview Power funding news - Highview Power has secured the backing of the UK Infrastructure Bank and the energy industry leader Centrica with a £300 million investment.

DuckDuckGoose funding news - Delft-based DuckDuckGoose, a startup that has developed AI detection software to prevent deepfake threats, raises €1.3million in a pre-seed round funding

Friday, 14 June 2024 – Startups Funding News

Danelfin funding news - Danelfin, a company developing AI tech to improve stock selection and portfolio management for retail investors, secures €2 million in funding.

Rendesco funding news - Rendesco, the leading clean heat network developer and owner-operator, secures £6million in funding.

Pluxee acquisition news - Pluxee , a global player in Employee Benefits and Engagement, to acquire Cobee, a Spanish Employee Benefits digital-native player. 

Real World Health funding news - Real World Health, a healthcare data analytics company, secures £1.7million in series A round funding. Maven Capital Partners led the round, with Dowgate Capital also participating.

Sondrel funding news - Sondrel, a leading provider of ultra-complex chips for leading global technology brands, secures £5.6 million in funding.

RemotiveLabs funding news - RemotiveLabs, focused on bringing modern software patterns and new ways of working into the automotive industry, secures €900K in its second investment round.

Thrusday, 13 June 2024 – Startups Funding News

SaleSqueze funding news  - SaleSqueze, a manufacturer sales management platform situated in Slovenia, has raised $1.5 million in seed money. 

Parquest funding news - Parquest, a leading independent French mid-market private equity firm, secures Parquest III (“the Fund”), with total limited partner commitments of €414M.

Restate funding news - Restate, a startup that takes the guesswork out of building distributed applications, secures $7million in seed funding.

Sidekick funding news - Sidekick, a wealth management platform provider, secures £4.5m in a seed round and £4m via a debt facility.

Roamless funding news - Roamless, known for its eSIM technology and pay-as-you-go model, secures $5million seed funding to bolster its international growth.

Echion Technologies funding news  - The world’s leading developer of niobium-based, fast-charging battery materials, Echion Technologies, secures £29million in series B round funding .

AccountsIQ funding news - AccountsIQ, the cloud-based accounting platform, raises €60Million in series C round funding from Axiom Equity, a specialist B2B SaaS growth equity fund.

Wednesday, 12 June 2024 – Startups Funding News

Cognigy funding news - Cognigy, a global leader in AI-first customer service automation, secures €93 million in series C round funding.

Mistral funding news  - France-based challenger AI startup Mistral secures €600million in funding for its bid to rival industry leader OpenAI.

Moleculent funding news - Moleculent AB, a company pioneering technology to study the communication between cells in human tissue, secures $26million in series A round funding. 

Raily funding news - Raily, a company specialising in an AI-driven platform that fosters meaningful human connections, raises €1.5million in pre-seed funding at a valuation of $17M (nearly €15.79M).

Rivia funding news  - Rivia, a Swiss startup specializing in AI-driven analytics and clinical trial data infrastructure for Biotechs, secures €3 million in seed funding led by Speedinvest.

Light funding news - Light, the creator of a fully automated general ledger for multinationals secures €12.1 million in seed funding to scale the first AI-powered general ledger for automating global company finances.

Black Semiconductor funding news - Black Semiconductor, a pioneer in next-generation chip technology, raises €254.4 million in seed funding, one of the largest funding for a deep tech company manufacturing chips in Europe to date.

Gorilla funding news  - Gorilla, a technology company that enables energy retailers to gather and process vast amounts of critical data, secures €23million in series B round funding.

Tuesday, 11 June 2024 – Startups Funding News

vorteX-io funding news - VorteX-io, a climate tech business based in Toulouse, has raised €2.9 million to deliver hydrological data for sustainable water management during floods and droughts.

OnSecurity Technology funding news  - OnSecurity Technology, a UK-based provider of IT security services has announced that Gresham House Ventures has made a growth investment of £5.5M.

Valeo partnership news - Valeo, a world leader in mobility technologies, partnership with Dassault Systèmes.

Zeliq funding news - Zeliq, a AI sales solution provider, raises €9.2 million in seed funding. Leading the round was Exor Ventures.

CampusAI funding news - CampusAI secures €9.2 million in pre-seed funding, a record for a Polish startup, to develop its online training ecosystem.

Haaven funding news  - Haaven, a startup streamlining the complex homebuilding industry, secures €1.1 million in pre-seed funding led by Speedinvest, paving the way for expansion in Italy and The Netherlands.

Cardino funding news - Cardino, a pioneer in the used electric vehicle (EV) market, secures €4 million in seed funding spearheaded by Point Nine.

Monday, 10 June 2024 – Startups Funding News

Microcaps funding news - Microcaps AG, a leading innovator in advanced microencapsulation technology, secures €9.6million in series A round funding. 

Italian Founders Fund - Italian Founders Fund (IFF), a first-ever Italian Venture Capital fund created by founders for founders, secures inaugural €50 million fund.

Visibly funding news - Visibly, a startup built for the blue- and green-collar industries, secures €7 million in funding led by Creandum, the European backer of Spotify and Klarna.

Bluedot funding news - Bluedot, a startup transforming meeting recordings and documentation for businesses, secures €560K in angel investment to continue its rapid growth.

ARX Robotics funding news - ARX Robotics, a manufacturer of scalable robotic systems for mass deployment in both defence and commercial applications, secures €9 million in seed funding.

Continuity funding news  - Continuity, a pioneer in leveraging artificial intelligence and external data for professional and commercial P&C insurers, secures €10million in series A round funding.

Saturday, 8 June 2024 – Startups Funding News

EvodiaBio funding news - Danish-based startup EvodiaBio raises €7 million in funding from both foreign and Danish investment funds, including EIFO and The March Group.

Friday, 7 June 2024 – Startups Funding News

Luffy AI funding news  - Luffy AI, a company which specializes in adaptive AI for industrial control, secures an investment from Momenta. The deal's total value was not made public.

Unify funding news - Unify, a provider of a platform that automatically finds the best LLM for every prompt, secures $8million in funding.

Quorum Cyber funding news - Quorum Cyber, an global cybersecurity firm, secures strategic growth Investment from Charlesbank Capital Partners.

BlackWood funding news - BlackWood, a network and technology-driven venture capital fund, raises €14.7 million in 2nd closing of Fund I.

Kaspar& funding news - Kaspar&, a software and wealth management company, secures €2.58million in seed funding. The Zurich-based Avaloq, a pioneer in wealth management technology, and the corporation formed a strategic alliance.

Dealt funding news - Dealt, a French software as a service firm, has raised €6 million to help shops transition more quickly to the service and circular economies.

Qargo funding news - Qargo , the transport management solution transforming the logistics industry secures €12million in series A round funding.

Thursday, 6 June 2024 – Startups Funding News

Alinia funding news  - Alinia AI, an alignment platform enabling companies’ safe and controlled deployment of generative AI, guided by their policies and business preferences, secures €2.2 million in pre-seed funding.

RivalSense funding news - Market intelligence platform RivalSense, based in Riga, closes an angel round headed by Change Ventures, with participation from Fiedler Capital and regional business angels.

SensusQ funding news - SensusQ, an Estonian defence technology company, has raised €3.8 million from angel investors and US-based New North Ventures. This is New North Ventures' first investment in dual-use technologies.

M^0 funding news - M^0, a decentralized infrastructure layer for the issuance of cryptodollar assets, Secures $35Million in Series A Round Funding.

Sloyd funding news - Sloyd, a pioneering 3D creation technology provider, secures €3 million in seed funding.

SmartLoC funding news  - SmartLoC, a pioneering startup focused on developing a cutting-edge, fully digital B2B payment solution based on the monitoring of shipments and specifically tailored for international trade, raises €1.8million in funding.

Quantica funding news - Quantica, an advanced additive manufacturing technology company based in Berlin, Increases Series A funding to a total of €19.7 million.

Wednesday, 5 June 2024 – Startups Funding News

Spike funding news  - Spike, a B2B data technology and AI startup, secures €3.2 million in oversubscribed seed funding. The funds will be utilised to support the company's ongoing growth and product expansion.

imagino funding news - imagino, a marketing technology provider headquartered in Paris, secures €25 million in series A round funding led by Cathay Innovation and joined by henQ.

Plancraft funding news - Plancraft, which helps craftsmen digitize their work processes, raises €12 million in Series A funding led by Creandum.

Nova Carbon funding news - Climate Tech Nova Carbon secures €1.4million in funding for technology that enables the recycling of carbon fibre. The goal of Nova Carbon is to make it possible to repurpose industrial production leftovers and end-of-life items.

Ittybit funding news  - Ittybit, a pioneering developer tools company, secures €1.7 million in oversubscribed funding, led by Mercuri and Sure Valley Ventures.

Synthara funding news - Zurich-based Semiconductor Innovator Synthara secures €10.5 million in funding through investments and European and Swiss grants to bring in-memory computing to the mass market.

coboworx funding news - Coboworx, a German B2B robotics startup, has raised €11.4 million in funding to assist businesses without any prior robotics experience in integrating robots into their digital architecture.

Sipay funding news  - Sipay, a Turkish fintech offering offline and online payment services, wallet services and host of a modular platform, secures $15million in series A round funding.

Slip funding news - Slip, a platform redefining the role of receipts in retail, secures €2.9 million in seed funding led by Adjuvo and joined by Haatch Ventures, Unbundled VC.

Tuesday, 4 June 2024 – Startups Funding News

Decade Energy funding news - Decade Energy, the French logistics electrification and energy management service provider, secures €3.6 million in seed funding.

Ciphr acquisition news - HR and payroll software provider Ciphr has further strengthened its payroll business by acquiring Shape, a cloud-based payroll platform.

SERDA Therapeutics funding news - Amsterdam-based SERDA Therapeutics, a health venture secures €2million in funding led by NLC Health Impact Fund. The infusion of new capital will be used to complete Phase I / IIa clinical studies with the company’s innovative wound debridement product SN514.

Seedtag acquisition news - Seedtag, a contextual advertising company, acquired Beachfront, a NYC-based provider of a sell-side ad platform built for CTV and streaming.

re:cap funding news  - Financing and data insights company re:cap secures $14.6 million in series A round funding and the release of its proprietary software as a service (SaaS) platform. 

Carv funding news - Recruitment AI company Carv, secures $10million in seed funding following the launch of its recruitment platform in March and the significant traction the company has experienced since.

WealthOS funding news - WealthOS, the cloud-native wealth management infrastructure platform provider, secures €4.6 million in seed funding led by Barclays Bank.

Neople funding news - Dutch startup Neople, the software solution that creates AI co-workers for e-commerce customer support teams, raised a €6 million investment round led by Newion and Simon Capital.

Storyblok funding news - Storyblok, a modern content management system (CMS) for all teams, based in Linz, raises $138 million in total after securing €73.6 million in series C round funding. 

Monday, 3 June 2024 – Startups Funding News

Overcast HQ funding news - Overcast HQ, a software company based in Dublin, has raised $1.2 million to provide cloud solutions and artificial intelligence (AI) to enable the biggest brands and broadcasters in the world handle terabytes of video information.

BIOPHTA funding news - BIOPHTA, a preclinical biotech company developing a game-changing technology for the treatment of eye diseases, secures €6.5 million in seed funding.

Bcas funding news - Bcas, a platform dedicated to enabling students to access higher education without financial barriers, secures €17 million in funding.

Gireve funding news  - Gireve, a French player in electric vehicle charging and decarbonisation of transport, secures €20 million in funding from Partech’s Impact Fund.

Sibill funding news  - Sibill, an all-in-one tool that simplifies and automates financial operations for Italian SMBs, raises €6.2 million in funding from Keen Venture Partners, Founders, and Exor Ventures since founding.

Dreamcraft Ventures funding news - Dreamcraft Ventures, one of the leading emerging venture capital firms in the Nordics, secures €66 million of fund II.

Friday, 31 May 2024 – Startups Funding News

EthonAI funding news - EthonAI, a pioneer of AI-powered manufacturing analytics, secures €15.3 million in series A round funding.

Cambridge Future Tech funding news - Cambridge Future Tech, a Cambridge-based company, has raised $5 million to help deeptech firms in the pre-seed and pre-incorporation phases grow their companies in order to draw in venture capital.

StructureFlow funding news - London-based data visualisation platform StructureFlow Secures $6million in series A round funding.

SCRYPT funding news - SCRYPT, a leading provider of crypto asset financial services, secures $5 million in strategic funding round led by Braza Bank, with additional participation from venture capital firms including Funfair Ventures, Cabrit Capital, and Atlantic Labs. 

Packwise funding news - Dresden-based IoT startup Packwise raises an undisclosed seven figure amount of funding to drive upcoming internationalisation to North America.

Yondr funding news - Yondr Group, a leading global developer, owner and operator of hyperscale data centers, raises $150 million in funding from the International Finance Corporation (IFC).

DataHow funding news - DataHow, a leader in AI-powered solutions for bioprocess development and manufacturing, secures an undisclosed amount series A round funding .

Thursday, 30 May 2024 – Startups Funding News

Natural Cycles funding news - Natural Cycles, a leading women’s health company that developed the world’s first birth control app, secures €50.8 million in series C round funding.

Clean Energy Ventures funding news - Clean Energy Ventures (CEV), a leading global venture capital firm funding early-stage climate innovations, secures €281 million in oversubscribed second fund with total capital commitments of $305 million.

Banktrack funding news - Spain-based Banktrack, a treasury management software for SMEs, secures €2million seed funding.

ifeel funding news  - ifeel , a provider of a mental health solution secures $20million in series B round funding.

QOMMUTE funding news - QOMMUTE, a French leader in passenger information, secures €2.4 million in funding to accelerate its integration with the biggest French operators, while developing its presence on a European scale.

Zenobē funding news - Zenobē, the leading EV fleet and battery storage specialist, raises an additional £410 million in funding– securing the largest electric bus platform financing in Europe.

Exactly.ai funding news - Exactly.ai has raised €4 million in seed funding. It is a generative AI platform that assists artists in commercialising their work by quickly and large-scale recreating designs while maintaining legal ownership over their creations.

Doconomy funding news - Doconomy, a leading impact fintech company providing banks with innovative tools to drive climate action and financial wellbeing, secures €34 million in series B round funding.

Wednesday, 29 May 2024 – Startups Funding News

OSCAR funding news - The home services app OSCAR, founded in Portugal, has raised more than €6 million.

Zefi.ai funding news - Zefi.ai is a startup that aims to transform software development by empowering product teams. It has raised €1.6 million in pre-seed funding

Vizcab funding news - Vizcab, a software as a service platform that estimates the carbon effect of building projects using Life Cycle Assessments (LCAs), has raised €4.5 million in funding.

Faircado funding news - Faircado, a trailblazing AI-powered second-hand shopping assistant, secures €3 million in pre-seed funding.

Product Fruits funding news - Product Fruits, a leading AI-driven digital adoption platform (DAP), raises €1.5 million in funding.

Iris.ai funding news - Iris.ai, a provider of a world-leading and award-winning AI engine for scientific text understanding, secures €7.64 million in funding.

Punto funding news - Punto Health, a digital health company focused on managing Alzheimer’s and other dementias, secures €645k in funding .

Tuesday, 28 May 2024 – Startups Funding News

Altach funding news - Dublin-based Altach Biomedical Ltd, a healthtech company backed by Amsterdam’s NLC, raises €1.2million in fresh funding.

NcodiN funding news - Palaiseau-based Optical interposer company NcodiN raises €3.5 million in funding from Elaia, Earlybird Venture Capital, and OVNI Capital.

ZTLment funding news - Copenhagen-based fintech startup ZTLment secures €2.4 million in total pre-seed funding from investors PreSeed Ventures, Upfin, Giant Ventures, and strong business angels.

Cloover funding news  - Berlin-based startup Cloover, wraises $114 Million in Seed Funding to fuel the growth of its operating system for the renewable energy industry.

Q*Bird funding news - Next-generation communications security startup Q*Bird secures €2.5 million in funding to accelerate its growth in the emerging quantum security market.

Claimlane funding news  - Claimlane, a startup leading returns and claims management platform for brands and retailers that sell physical products, secures €1.8 million in seed funding.

Swiipr funding news  - London-based Swiipr, a travel paytech firm revolutionising the airline industry's antiquated and ineffective disrupting payments systems, raises €7 million in series A round funding.

Eneryield funding news - Eneryield, a Swedish energy tech business, has raised an undisclosed sum of seed funding to use fault prediction to stop power outages in people's homes.

Identity.vc funding news - Identity.vc has launched Europe's first LGBTQ+ venture capital fund, with €50Million LGBTQ+ Founders in the form of €250K to €1.5M initial tickets.

Inspeq funding news - Inspeq, a Dublin-based Full-stack AI Operations Platform, has raised $1.1 million to support the upkeep of its generative AI. 

Monday, 27 May 2024 – Startups Funding News

Powall funding news - Delft-based Powall, a company that offers R&D services and IP licensing on scalable production of nanostructured materials, secures €3million in follow-up investment round.

Spectrum.Life funding news  - Spectrum.Life, a startup delivering clinically backed digital health, mental health and wellbeing solutions to organisations and their people, secures €17 million in funding . 

Delta Green funding news - Energy technology company Delta Green, formerly known as Nano Green, raises €2.2 million in capital. 

Saturday, 25 May 2024 – Startups Funding News

Bicycle Therapeutics funding news - Bicycle Therapeutics, a Cambridge-based medical technology startup, raises $555 million in a private placement for equity funding.

Friday, 24 May 2024 – Startups Funding News

Grey Wolf Therapeutics funding news - Grey Wolf Therapeutics (“Grey Wolf” or “the company”), a clinical-stage biotechnology company leveraging first-of-its-kind antigen modulation therapies to address the source of immune dysfunction in oncology and autoimmunity, secures $50 million in series B round funding , bringing the total amount of Series B funds raised to $99 million.

CIRCTEC funding news - Novo Holdings and A.P. Moller Holding have enabled a €150 million fundraise for CIRCTEC by leading with a €75 million equity investment.

Resilience funding news - Resilience, a healthtech startup based in Paris that has already been implemented in over 90 hospitals serving over 10,000 patients, has raised $25 million in capital.

Unmanned Defence Systems funding news - Unmanned Defence Systems (UDS), a leading swarm detection firm, has successfully obtained €3.2 million in funding.

Rows funding news - Berlin-based Rows, a collaborative cloud platform-based spreadsheet app, secures €8 million in funding led by Indico Capital Partners and with participation from existing investors Cherry Ventures, Accel, Lakestar, Armilar Venture Partners and others.

Payretailers acquisition news - PayRetailers, a fintech company with headquarters in Spain, has purchased Transfeera, a Brazilian payment company.

Medi2data funding news  - UK-based healthtech company Medi2data secures £2.1million in funding under the Enterprise Investment Scheme (EIS).

Thursday, 23 May 2024 – Startups Funding News

Captain T Cell funding news  - Captain T Cell GmbH, a biotechnology company developing next-generation T cells against solid tumors, secures €8.5million in seed funding.

Nory funding news - Nory, an AI-powered operating system for hospitality businesses, has raised €14.7 million in a series A round of funding.

DeepL funding news  - Cologne-based DeepL , a leading Language AI company, secures €277 million in funding at a $2 billion valuation.

Enifer funding news   - Finnish-based mycoprotein company Enifer secures €36 million in funding that enables it to start constructing a unique food-grade mycoprotein factory in Kirkkonummi, Finland.

Colendi funding news - London-based fintech startup Colendi secures $65million series B round funding at a valuation of $700 million.

Viable funding news - London-based Viable, an intelligent finance startup that helps consumer brands improve growth, profit and cash flow outcomes, secures €2.8 million in seed funding.

Unlockit funding news - Portuguese-based Unlockit, a real-estate transaction management platform, Secures €1.4 million in pre-seed round funding.

BBVA acquisition news - Financial Services Group BBVA partnered with OpenAI allowing employees to use ChatGPT’s APIs for market analysis and decision-making.

Wednesday, 22 May 2024 – Startups Funding News

Capchase funding news  - Capchase, a revenue accelerator platform for SaaS companies, has secured €105 million in financing in a credit facility warehouse led by Deutsche Bank.

Imec funding news - Imec, a global R&D centre, has secures €2.5 billion in funding to establish a new R&D pilot line for advanced chip technology and systems-on-chip.

Silana funding news - Vienna-based Silana, a robotics startup that has created the world's first sewing automaton with the objective of alleviating the precarious working conditions in garment manufacturing, has received €1.5 million.

Pratika funding news  - Pratika, a language learning application, has raised $35.5 million in a series of funding.

CARÁ Health funding news - Tallinn-based CARÁ Health, a comprehensive health and wellness resource that offers women support and guidance throughout the maternity journey, from pregnancy to postpartum, has secured €620k in initial funding. 

KARRI funding news - KARRI, a startup developing a smart walkie-talkie for children, has raised £775k in pre-seed funding.

En Carta Diagnostics funding news - En Carta Diagnostics, a deeptech firm based in Paris that specialises in the development of rapid Point-of-Care (POC) molecular diagnostics kits, has received €1.5 million in pre-seed funding.

FE fundinfo acquisition news - London-based FE fundinfo, an international asset management technology and data company connecting the investment industry with its distribution partners in the UK, Europe and Asia Pacific, today continues its European expansion* with the acquisition from Dericon, a Frankfurt-based pioneer of the fintech industry in the German securities business.

Tuesday, 21 May 2024 – Startups Funding News

Oxford Endovascular funding news - Oxford University spinoff Oxford Endovascular has secured £8 million in series A funding to further its cerebral aneurysm technology. The company anticipates conducting human trials in the immediate future.

DiffuseDrive funding news - Budapest-founded DiffuseDrive secures undisclosed funding founded by Balint Pasztor, CEO, and Roland Pinter, CTO the company aims to solve the lack of data in AI-based computer vision development.

Alicorn Venture Partners acquisition news - Glassbox , the premier provider of AI-fueled customer intelligence solutions, said into a definitive agreement with Alicorn Venture Partners in an all-cash transaction valued at approximately $150 million.

Battery Ventures acquisition news - Battery Ventures, a global, technology-focused investment firm, is to Acquired Steute Technologies GmbH & Co. KG.

Haz funding news - Haz, a London-based AI social commerce app that connects friends through the things they own, has secured €1.2 million in pre-seed funding led by Speedinvest. 

Cellugy funding news - Søborg-based Cellugy, a Danish industrial biotech startup that is dedicated to the development of innovative, natural, biofabricated cellulose-based solutions.

Limula funding news - Switzerland-based, life science startup Limula raises €6.2 million in oversubscribed seed funding to take their solution for automating cell therapy manufacturing to the next stage of development.

Zen Educate funding news  - Zen Educate, an online marketplace that connects schools with the most qualified substitute instructors and teaching assistants, has secured €34 million in series B round funding.

OneStock funding news  - OneStock, a leading provider of Order Management Systems (OMS), secures €66 million in funding from global growth equity investor Summit Partners.

Monday, 20 May 2024 – Startups Funding News

Quantia funding news - Quantia, a London-based e-commerce analytics company, raises $1.2 million to give businesses access to marketing tools for various media.

PIXEVIA funding news - PIXEVIA, a retail technology firm headquartered in Lithuania, has successfully obtained €1.5 million in funding.

qomodo funding news - London-based qomodo, the Internet of Things (IoT) cybersecurity company, secures £1.3 million in pre-seed funding.

Behavio funding news - Prague-based Behavioural brand measurement tech company Behavio has secures €2.25 million in late-seed funding from Amsterdam-based Airbridge Equity Partners.

QA.tech funding news  - Sweden-based quality assurance testing startup QA.tech has secures €3million in funding six months after its pre-seed raise.

Saturday, 18 May 2024 – Startups Funding News

Ember funding news  - London-based embedded accounting startup Ember secures £5million in funding and struck a deal with HSBC to provide digital tax services to hundreds of thousands of its SME customers amid the UK’s shift to a fully digital tax system.

Companion.energy funding news - Brussels-based energy software company Companion.energy, secures €2.1million in funding from international investors. The firm from Ghent has created a platform that lets industrial businesses manage their own energy use in real time.

Friday, 17 May 2024 – Startups Funding News

Tulyp funding news  - Tulyp, the one-stop shop software platform digitalizing trade finance based in Paris, secures €1.5 million in seed funding led by Speedinvest alongside other major investors including Kima Ventures, Purple Ventures and business angels.

HEPHAISTOS-Pharma funding news - French-based HEPHAISTOS-Pharma, a biotechnology company developing next generation immunotherapies against cancer targeting innate immunity to increase the cure rate of patients.

Leya funding news  - Leya, a ledtech firm located in Stockholm, has raised $10.5 million in a fundraising round led by Benchmark, with participation from SV Angel, Y-Combinator, and Hummingbird.

PolyAI funding news - PolyAI, a provider of enterprise voice assistants, secures $50million in series C round funding. Backers Included Hedosophia, Nvidia’s NVentures, Zendesk, Khosla Ventures, Georgian, Point72 Ventures, Sands Capital and Passion Capital.

Codesphere funding news  - Codesphere, which enables developers to program and scale complex applications directly in the cloud, has secures €16.5 million in funding.

Tensor Ventures becomes the first VC Fund supported by the Czech Republic’s National Recovery Plan : The European Investment Fund has independently selected the investment company Tensor Ventures to manage the first venture capital fund financed by the Czech Republic's National Recovery Plan.

Turbine funding news - Turbine , a predictive simulation company that is building a platform for interpreting human biology, secures investment from Accenture.

ULEMCo funding news - ULEMCo, a company that converts commercial vehicles to run on hydrogen fuelsecures over £5 million in funding.

Thursday, 16 May 2024 – Startups Funding News

trawa funding news - Berlin-based renewable energy supplier trawa, which simplifies energy purchasing and management for small and medium-sized enterprises (SME) through its AI solution, raises €10 million in seed funding.

Malted AI funding news  - Malted AI, a Scottish company located in Edinburgh that assists businesses in creating AI models that are more focused, smaller, and perform better at a lower cost, has raised €6.9 million in early money.

Holidu acquisition news - Munich-based Holidu, a fast-growing vacation rental company with a presence across Europe and five branches in Spain (Mallorca, Barcelona, Tenerife, Alicante, and Malaga), has acquired Clubrural, a leading portal for rural vacation rentals in Spain and Portugal.

Peachies funding news - Peachies, a high-end diaper business for modern parents located in London, has raised €1.6 million in investment.

Native Teams funding news - Native Teams, a work payments platform for freelancers, remote workers, and business owners, secures €6.2 million in funding to power its ambitious plans of becoming the go-to platform for work payments.

Caeli Wind funding news - Caeli Wind, a platform for analysing and marketing wind energy locations founded by Ben Schlemmermeier and Heiko Bartels in 2022, secures €11 million in series A round funding in growth capital from international investors.

Wednesday, 15 May 2024 – Startups Funding News

Purple Dot funding news - London-based Purple Dot, a pioneering e-commerce pre-order and waitlist platform, secures €9.2 million in series A round funding.

Enspired funding news - Enspired, a company that provides trading-as-a-service on the short-term energy markets, has raised €25.5 million in capital during its series B round to expedite the energy transition by optimising power assets.

cylib funding news - Aachen-based Sustainable end-to-end battery recycling firm cylib today Secures €55 million in series A round funding. The round, which is the largest round ever raised by a European battery recycling company, was completed less than 24 months after the company started operations.

Harbor Lab funding news - Harbor Lab, a maritime software company modernising the outdated accounting practices hampering the $14 trillion shipping industry, secures €14.7 million in series A round funding round led by European VC Atomico.

Tuesday, 14 May 2024 – Startups Funding News

Pitchdrive funding news - Pitchdrive, a venture capital business located in Antwerp, has secured a €40 million third fund. Due to the tremendous interest from LPs, they were forced to accept only family offices and entrepreneurs and overstretched their original fund size by +30%.

Norrsken funding news - Stockholm-based venture capital firm Norrsken a pioneer in impact investing in Europe, secures oversubscribed second fund at €320 million to help entrepreneurs solving the biggest challenges facing humanity.

Apeiron Ventures funding news - Greece-based Apeiron Ventures secures a new seed funding focused on nurturing the Gen Z economy and B2B software across Greece, the Greek Diaspora, and Europe.

AimHi Earth funding news - London-based Climate and sustainability training provider AimHi Earth has secures £1million in funding to "create 100 million nature-first employees”.

hexafarms funding news - Berlin-based hexafarms, a pioneer in agricultural technology leveraging AI to optimize greenhouses to power the future of food production, raises €1.3 million in pre-seed funding.

Accel funding news - Accel, a first partner to outstanding teams worldwide, said that it has raised an early-stage fund of €602.7 million to assist driven entrepreneurs creating internationally recognised brands in Israel and Europe.

Grasp funding news - Grasp, one of the first AI assistants in the world for management consultants and investment banks, has raised €1.7 million to support Yanno Capital and Philian Invest. Taken all, they have gained somewhat less than 13 percent of the shares. 

Monday, 13 May 2024 – Startups Funding News

tiney funding news - Tech-enabled childcare startup tiney.co, set up by the founder of Teach First, secures €8.3 million in series A round funding led by Mustard Seed Partners and joined by PortfoLion, Sparkmind, and Rubio.

Refreshworks.ai funding news - The Hague-based Refreshworks, a partner in AI business transformations secures €750k in funding. Eleven angel investors in all, with expertise in technology, safety, compliance, and consulting, took part in this round.

Magic Lane funding news - Amsterdam-based Mapping and location platform Magic Lane Secures €3Million in funding for navigation for micro-mobility, specialized vehicles, apps and platforms.

Infinite Orbits funding news - French - based New Space In-Orbit Services company, Infinite Orbits, decures €12 million in funding led by Newfund Capital along with the EIC Fund, IRDI Capital Investissement and Space Founders France (a CNES’s venture arm). 

Here is the Weekly Recap of the Most Noteworthy Funding Rounds -

Funding Wrap of the Week | European Startups Funding Roundup | May 5 – May 10

Saturday, 11 May 2024 – Startups Funding News

Jamango! funding news - The game production platform Jamango!, situated in Ireland, has successfully raised $2.5 million to expedite its development in anticipation of its worldwide launch later this year.

Access Legal acquisition news - Access Legal, a division of the Access Group, has completed the acquisition of inCase, the pioneering mobile app that was one of the first to pave the way for clear communication between legal professionals and clients on a mobile device and awarded for its innovation at this year’s Modern Law Awards.

Friday, 10 May 2024 – Startups Funding News

Nami Surgical funding news - Nami Surgical, a company which specializes in robotic-assisted surgery, secures $4million in investment and grant funding.

Kubos Semiconductor funding news - Cambridge-based Kubos Semiconductors, a microLED material technology company, secures $2million in funding.

Early Game Ventures funding news - Venture capital firm Early Game Ventures (EGV), located in Bucharest, has raised €60 million to launch its Early Game Ventures launch II, which will be used to invest in CEE early-stage companies.

Luzia funding news  - Madrid-based Luzia, a startup that offers an AI assistant for WhatsApp, raises $19million in fresh funding in fresh funding.

Ocean 14 Capital Fund funding news  - Luxembourg-based Ocean 14 Capital Fund I, which has raised €201 million to further its goal of supporting long-term solutions that enhance ocean health. 

fundcraft funding news - fundcraft, a leading provider of digital infrastructure for asset management, secures €5 million in Series A round funding.

Sesame funding news - Sesame, the Valencia-based HR management startup, has reached an important milestone secures €23 million funding, consolidating their position as a leader in the sector and one of the solutions with the largest number of clients in Spain.

Thrusday, 09 May 2024 – Startups Funding News

Electricity Maps funding news - Electricity Maps, a climatetech firm located in Copenhagen, has raised €5 million to quicken the grid's data-driven decarbonisation process.

Abound funding news  - London based credit technology company Abound secures £0.8bn in equity funding.

Dendra funding news - Oxford-based Dendra Systems, a leader in technology-driven ecological restoration, raises $15.76million in series B round funding to accelerate its mission of advancing global ecosystem restoration efforts.

Commit Biologics funding news - Denmark-based Commit Biologics launches with €16million in seed funding from Bioqube Ventures and Novo Holdings. 

Investcorp funding news  - United Kingdom-based Investment Firm Investcorp secures investcorp technology partners V fund, at $570million in funding. 

Hexis funding news - London-based Hexis, an AI-powered personalized sports nutrition app, secures $2million pre-seed funding

CUBE acquisition news - CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), acquired peer Reg-Room a leading regulatory intelligence provider serving the financial services industry.

Wednesday, 08 May 2024 – Startups Funding News

Insempra funding news - Germany-based Insempra, secures $20 million in series A round funding. Following an initial $15m seed round conducted in 2021.

Inheart funding news - inHEART, a medical device company delivering the world’s most advanced, AI-driven digital twin of the heart, secures USD11million in funding.

Armira Growth funding news - Munich-based Armira Growth, a venture capital investing in tech and tech-enabled growth companies, raises €200million funding for its inaugural Armira Growth Fund I.

Corlytics acquisition news  - Corlytics has acquired a digital RegTech platform from Deloitte UK. Corlytics continues to be an industry pacesetter, from its work developing intelligent regulations and taxonomies with regulators such as the FCA, to its acquisitions of key policy management technologies of ING’s SparQ and Clausematch last year. 

Oisoi Studio funding news - Oisoi company, a VR art company situated in Belgium, has raised €450K. Painting VR, a ten thousand-square-foot virtual painter's workshop designed by Oisoi workshop, gives users unrestricted creative expression with cutting-edge equipment, an endless supply of paint choices, and canvases of any size.

Eleos funding news - London-based insurtech company Eleos has secures €3.75 million in a seed funding by Fuel Ventures and Indico Capital. 

Axmed funding news - Switzerland-based Healthtech marketplace Axmed secures $2 million in seed funding.

Tuesday, 07 May 2024 – Startups Funding News

Cetasol funding news - Cetasol, an innovative technology firm dedicated to revolutionizing energy efficiency in the maritime industry, raises €2million in seed funding.

iwoca funding news - iwoca, one of Europe’s largest SME lenders, secures £150 million in debt funding, taking total gross investment in the company to over £1bn since it was founded in 2012.

everyone energy funding news - Everyone Energy, a greentech startup located in Berlin, has raised seven figures for initial capital from early-stage VC firm Neoteq Ventures in Cologne and High-Tech Gründerfonds (HTGF), one of Europe's top seed investors.

mimic funding news  - Switzerland-based mimic, is to challenge US supremacy in the robotics space and compete to be the first to bring a robotic arm and humanoid hand combo to market through the use of generative AI has raised €2.3 million in pre-seed investment.

Wayve funding news  - Wayve, a market leader in Embodied artificial intelligence (AI) for autonomous driving, secures €975.350 million ($1.05 billion) in Series C funding.

Futura funding news - Futura, an AI-powered education startup located in Milan, has raised €14 million in its series A round of investment.

Freefik acqusition news - Freepik acquired Magnific, the most advanced AI image upscaler, enhancer and transformer tool in the market.

Monday, 06 May 2024 – Startups Funding News

Stonal funding news - Paris-based Stonal secures up to €100 million in a strategic investment by Aareon, a European provider of SaaS solutions.

Allegria Therapeutics funding news - Switzerland-based Allegria Therapeutics , a biotech company redefining the treatment landscape of therapeutics for mast cell-mediated diseases, secures seed funding of USD 3.5 million by founding investor Forty51 Ventures.

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