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Stefano De Marzo @ EU-Startups · 07/18/2024 03:14 EDT

Berlin-based Grover secures €50 million to make rental commerce lead the circular economy

Grover, a market leader in rental commerce for consumer electronics, announced the completion of a bridge financing round in which a total of €50 million was raised. For the first time, the investors in this financing also include Cool Japan Fund (CJF), a public-private fund from Japan. Existing investors such as Energy Impact Partners, Korelya, ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 2 place · 07/17/2024 05:53 EDT

13books Capital closes new €144 million fund to invest in fintech from seed to Series A

Amid a challenging fundraising environment, London-based 13books Capital announced the closing of a €144 million fund dedicated to fuelling the next wave of financial technology (fintech) disruptors. This fund continues 13books Capital’s commitment to backing visionary founders reshaping the future of financial services. The initial scepticism amongst financial services companies has been replaced in recent ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 3 place · 07/17/2024 05:42 EDT

Lisbon-based Indie Campers raises €35 million to reinforce its leadership as global RV rental platform

Indie Campers, a leading global RV rental platform, has announced the successful completion of a €35 million funding round. Indico Capital Partners led the round with the participation of Cedrus and GED Ventures.   Founded in 2013, Indie Campers has revolutionized the road trip experience, offering flexible and customizable Recreational Vehicle (“RV”) travel options through ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/17/2024 04:34 EDT

Stockholm-based no-code app builder Lemonado raises €1.2 million for global expansion

Lemonado, a Sweden-founded no-code platform that enables anyone to build custom business apps with ease, has raised €1.2 million in seed funding. Lemonado, co-founded by early Trustly team members, is the go-to tool for non-developers who want to build business software to automate their work and streamline business processes. Lemonado’s largest market is currently the ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 3 place · 07/17/2024 04:14 EDT

Manchester-based CultureAI raises €9.1 million to evolve the way organisations manage human cyber risk

Leading Human Risk Management Platform CultureAI has announced it has closed a €9.1 million Series A funding round. The funding was jointly led by Mercia Ventures and Smedvig Ventures, with existing investors Passion Capital and Senovo also continuing their support. Despite many companies investing heavily in awareness and training programmes over the years, Forrester predicts ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 3 place · 07/17/2024 03:32 EDT

Copenhagen-based Again raises €39.4 million to build full-scale decarbonisation plants

Again, a carbon utilisation company capturing carbon dioxide (CO₂) and turning it into valuable chemicals, has raised €39.4 million in a Series A round co-led by GV and HV Capital. Born out of research developed over 10 years at the Danish Technical University, Stanford and MIT, the new funding will be used to build additional ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/17/2024 03:16 EDT

Berlin-based VARM gets €5.7 million to bridge the skills gap in insulation efforts

VARM, a pioneering insulation startup, has announced it has secured €5.7 million in seed funding, led by Emerge and Pale Blue Dot, with additional support from noa (formerly A/O), Foundamental, and previous angel investors. This investment will significantly advance VARM’s mission to decarbonize Europe by revolutionizing the insulation industry. Founded in 2023 by serial founders ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/16/2024 09:00 EDT

Oslo-based Heimdall Power nabs €22.9 million Series B to optimise utilities with “Magic Balls”

Heimdall Power, a technology company that’s driving power grid optimization for utility companies around the world, announced the closing of its €22.9 million Series B funding round. The round was co-led by international energy giant Orlen, Nordic cleantech fund NRP Zero and the Steinsvik Family Office. Additional investments were made by existing investors, Investinor, Eviny, ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/16/2024 06:11 EDT

Czech home-improvement platform Adam raises €3 million to expand beyond Europe

Adam, a Prague-based startup modernising the way clients find reliable and available tradespeople without the hassle of long wait times and confusing price lists, has raised €3 million in late-seed funding from Brighteye to support the startup’s big plans ahead. After a successful expansion to 11 European countries, Adam now plans to extend their services ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 1 place · 07/16/2024 04:33 EDT

Paris-based Presti snaps €3.2 million seed for product photography made by AI

Presti, a pioneering startup in AI-generated product photos, has successfully closed a €3.2 million seed round led by Partech, alongside a handful of angel investors including the likes of Thibaud Elzière, Maxime Brousse, Abou Laraki, Rémi Lemonnier and Julien Hirth.  Presti plans to revolutionize product photography through generative AI for the furnishing industry. The company ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/16/2024 03:55 EDT

London-based fashion tech Hey Savi bags €2.6 million for AI-powered search and recommendation platform

Hey Savi, a new UK fashion search and recommendation platform, announced it has secured €2.6 million in investment. The funding round is one of the largest pre-seed rounds by an all-female-founded UK startup.  Using advanced Artificial Intelligence (AI) alongside unique customer and fashion data, Hey Savi promise to completely reshape the way fashion lovers search ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/16/2024 03:27 EDT

Paris-based Syntetica raises €4.2 million to scale  nylon recycling for the global clothing market

Syntetica, an innovative nylon recycling startup helping to solve the pollution problem in the fashion industry, has successfully raised €4.2 million in a seed round led by EQT Ventures with participation from the family offices of Peugeot and ETAM, Volta Circle (Indorama Ventures’ shareholders family office), Better Angle, Pareto Holdings, Athletico Ventures, Bear Flag Capital ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 2 place · 07/16/2024 03:11 EDT

Berlin-based doinstruct raises €7.6 million to address frontline-worker skills shortages

doinstruct, a leading training software for frontline workers, announced that it has secured €7.6 million in a funding round led by Creandum to address the challenge of millions of people starting a new job every year in key industries with inadequate onboarding and training. The German startup has built a mobile-first onboarding and training platform ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/15/2024 10:22 EDT

Dublin-based Binarii Labs secures €400k to make SMEs take back control of their data

Binarii Labs, an Irish data security solution developer, has announced that it has secured an investment of €400k from Enterprise Ireland in High Potential Start-UP (HPSU) match funding, bringing to €3 million the total raised by the company to date. The company, which was founded in 2021 by Steven Garner, Nigel Carter, Aidan Finn and ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 07/15/2024 05:18 EDT

London-based Instinct Digital raises €6 million to become the benchmark in investor reporting

Instinct Digital, a leading SaaS solution designed to streamline and automate key aspects of funds and investor reporting, announced the close of a €6 million Series A funding round led by AlbionVC. The fresh capital will enable Instinct Digital to onboard and support new clients, deepen partner integrations and expand further into new geographies – ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 07/15/2024 04:24 EDT

Feel like royalty: 10 European startups focused on beauty and personal care

Beauty is often described as being in the eye of the beholder, yet its impact transcends mere appearance. It encompasses both the external and internal qualities that contribute to a person’s overall presence and confidence. Feeling good about oneself is not just about vanity; it’s a cornerstone of self-esteem and mental well-being. When people feel ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 2 place · 07/15/2024 03:20 EDT

Ghent-based LegalFly bags €15 million to expand product in power corporate legal teams

LegalFly, a pioneering legal AI platform, announced it has raised over €15 million in Series A funding led by Notion Capital, with participation from redalpine and Fortino Capital. The investment will fuel LegalFly’s ambitious growth plan, tripling its current team by year’s end and accelerating feature development. The funding will also support LegalFly’s continued expansion ... Read more ›

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EU-Startups
Tea Vrcic @ EU-Startups 1 place · 07/12/2024 10:07 EDT

Weekly funding round-up! All of the European startup funding rounds we tracked this week (July 08 – 12)

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EU-Startups
Thomas Ohr @ EU-Startups 1 place · 07/12/2024 08:35 EDT

German e-commerce unicorn ABOUT YOU achieved profitability and continues to grow despite tough market conditions

ABOUT YOU, one of Europe’s fastest growing online fashion stores of scale, today announces a positive adjusted EBITDA in Q1 2023/2024, reaching break-even earlier than expected. Defying continued volatile market conditions, ABOUT YOU made significant progress on improving profitability and driving efficiency while still increasing revenue, customers, and orders. For the remaining year, ABOUT YOU ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups 3 place · 07/12/2024 04:21 EDT

Rome-based Exein raises €15 million aiming to set a global standard for embedded cybersecurity

Exein, an embedded IoT cybersecurity company based in Rome, has raised €15 million in a Series B round led by 33N, a specialised investor in cybersecurity and infrastructure software, and joined by Partech. The round also saw continued support from existing investors United Ventures, eCAPITAL, and Future Industry Ventures (a Redstone/SBI fund). The fresh capital ... Read more ›

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