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EU-Startups
Patricia Allen @ EU-Startups 1 place · 11/10/2021 04:07 EDT

London-based Zilch becomes fastest European double unicorn following close of €95 million Series C funding

London-based fintech company, Zilch, has today announced they have secured €95 million Series C funding round reaching a value of €1.7 billion. The fintech business is now the fastest growing company in Europe to reach unicorn status, going from Series A to unicorn status in just 14 months. The funding round was led by Ventura ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 3 place · 11/09/2021 08:45 EDT

Bucharest-based FLOWX.AI raises €7.35 million to help large banks and enterprises to become unbounded from legacy tech

FLOWX.AI, an enterprise platform that enables banks and financial institutions with complex IT infrastructures to build fast modern digital experiences unbounded from the limitations of their legacy systems, has raised €7.35 million in seed funding. The round, which is one of the largest European seed rounds this year, was led by PortfoLion. Other institutional investors ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 3 place · 11/09/2021 07:59 EDT

London-based AudioMob raises €12.1 million to accelerate the growth of its in-game audio ad business

AudioMob, the London-based startup developing in-game audio ads, today announces that it has successfully raised €12.1 million in Series A funding. The financing comes after the company opened the doors of its two new offices in London and Abu Dhabi to support the expected accelerated growth. Lead investors of this round are Makers Fund and ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 3 place · 11/09/2021 05:52 EDT

Copenhagen-based Motatos raises €24 million for the international expansion of its D2C e-commerce business tackling global food waste

Motatos, the Swedish-based D2C e-commerce business tackling global food waste, has today announced a raise of €24 million, in a round led by Blume Equity with support from existing investors. This follows the Series C round earlier this year, bringing total funds raised to €95 million. The fresh capital will be used to accelerate international ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 2 place · 11/09/2021 05:28 EDT

Estonian fintech startup Fairown secures €4.2million empowering companies to contribute to waste reduction and conscious consumption

Fairown, founded in 2018, is on a mission to empower more brands to shift from a linear to a circular economy, and in doing so put sustainability as a core part of business models. The young company bootstrapped to €1.2 million revenue, becoming profitable and has been expanding across eight countries independently. In the past ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups · 11/08/2021 11:41 EDT

Danish beauty box subscription company Goodiebox hits €40 million in revenue and plans to plant 200.000 trees

In Goodiebox’ last fiscal year, spanning between June 1st 2020 and May 31st 2021, the company’s revenue increased by 55%, from €25.5 to 40 million – a total increase of more than €14 million. Goodiebox’ growth is in large part a result of progress in international markets that currently makes up 75% of Goodiebox’ business. It’s ... Read more

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EU-Startups
Arnaud Terrisse @ EU-Startups · 11/08/2021 08:19 EDT

“As investors, we have the incredible opportunity to influence positive change in the companies we work with”: Interview with Richard Anton, Co-founder & General Partner at Oxx

SaaS businesses in Europe have been getting a lot of attention from investors in recent years. Venture investment in the region’s SaaS companies is growing quickly. According to a 2019 Accel Euroscape report, from 2016 to 2019, it rose from $2 billion to $5 billion, growing much faster than in the US, which grew from ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups · 11/08/2021 07:03 EDT

Berlin-based Founderland selected to receive funding through Google.org’s Impact Challenge for Women and Girls

Berlin-based Founderland has just been named one of 34 selected organizations to receive funds from the Google.org Impact Challenge for Women and Girls. The $25 million philanthropy challenge was launched in March with a challenge to the global nonprofit community to submit their boldest and most innovative ideas to create a more equitable economic reality ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 3 place · 11/08/2021 05:56 EDT

Finnish AR waveguide pioneer Dispelix scores €28.4 million for its solution enabling next-gen lightweight smart glasses and AR displays

Dispelix, the Espoo-based pioneer in extremely lightweight singlelayer waveguides and see-through displays for Augmented Reality(AR), today announced it has closed a €28.4 million Series B round led by Atlantic Bridge alongside new investors CCB Trust and Flashpoint. All existing investors including Lifeline Ventures, VTT Ventures, Finnish Industry Investment and 3M Ventures participated in this round, ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 1 place · 11/05/2021 12:31 EDT

Weekly VC Overview: All European startup funding rounds we tracked this week (Nov. 1-5)

This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you can sign up ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 1 place · 11/05/2021 07:59 EDT

Dublin-based sports analytics company Kitman Labs secures €45 million for its AI solutions to increase athlete performance and health

Kitman Labs, the Dublin-based sports technology and analytics company setting a new industry standard for how elite sports organizations use data and operate, just announced the close of a €45 million investment round led by Guggenheim Investments (on behalf of certain of its managed accounts), a global asset investment and advisory firm with more than ... Read more

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EU-Startups
Patricia Allen @ EU-Startups 1 place · 11/05/2021 05:19 EDT

Scottish cyber startup Lupovis raises over €700k for their cyber security solution which makes the hunter the hunted

Lupovis, a cybersecurity spin-out from the University of Strathclyde, has secured a pre-seed investment of over €700k from a syndicate co-led by Techstart Ventures and Nauta Capital, and investment form the University of Strathclyde itself.  Founded in June 2021 by Xavier Bellekens, Glasgow-based Lupovis has created a dynamic deception solution that leads cyber attackers and ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups · 11/04/2021 12:49 EDT

OQmented, a Germany pioneer in AR/VR Display and 3D Sensing Solutions, scores €8 million in funding

OQmented today announced that it extended its seed round and secured an additional €8 million from investors like IT-Farm, Leblon Capital, Deeptech-A, Vsquared Ventures (Vsquared), Salvia, and Baltic Business Angels. The Itzehoe-based deeptech startup has raised nearlabout €17.3 million since its 2018 spin-out from the Fraunhofer Institute in Germany. OQmented is a deep tech startup ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 3 place · 11/04/2021 11:39 EDT

Romanian waste management platform EcoTree raises €433k to start its internationalisation

EcoTree, a digital platform that provides businesses with an all-in-one cloud software solution for waste management, closes a new funding round and raises €433k, bringing its investment pool to €650k. This new funding round has been led by Sparking Capital, as lead investor, and SeedBlink, the crowdinvesting platform, both involved in the project since the ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups · 11/04/2021 09:26 EDT

Amsterdam-based Amberscript raises €8.65 million to make all audio and video accessible to everyone

Today, Amberscript, the AI speech recognition startup, announced that it has raised €8.65 million to further its mission of making all audio accessible. The Series A funding round was led by Endeit Capital, a leading German-Dutch growth capital firm founded by former executives of the media company Endemol, validating the potential for Amberscript’s technology in the ... Read more

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EU-Startups
Patricia Allen @ EU-Startups 2 place · 11/04/2021 05:18 EDT

London-based proptech startup Evo secures €1.18 million to brining more empowerment to renters

Described as Gen Z property management, Evo, founded in 2018, has successfully secured a €1.18 million investment round via the GroVentive investment platform, supported by Moscar Capital. The UK-based company was co-founded by Dean Shepherd and Mark Landoli, and is chaired by former MP and Minister for Transport Steve Norris. Evo aims to improve connectivity ... Read more

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EU-Startups
Patricia Allen @ EU-Startups 2 place · 11/04/2021 04:40 EDT

French music promotion platform Groover raises €6 million to help independent artists boost their success

The Paris-based startup Groover today announced a €6 million funding round co-led by Partech and Bpfriance. This is in combination with the startup’s previous financing round in 2019, brings their total funding to €7.5 million. Founded in 2018 and launched in January 2019 by founders Romain Palmeiri, Dorian Perron and Rafael Cohen, Groover is on ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 3 place · 11/03/2021 08:34 EDT

Milan-based AI startup Emotiva raises €610K to analyse people’s emotional responses in real-time

Emotiva, the Milan-based deeptech AI startup focusing on emotion recognition, closed a seed investment round of €610k led by business angels and LVenture Group. Emotiva was accelerated in 2020 by LVenture Group’s Acceleration Program LUISS EnLabs. The startup develops computer vision and machine learning algorithms to analyse people’s emotional responses in real-time, measuring facial micro-expressions ... Read more

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EU-Startups
Patricia Allen @ EU-Startups 2 place · 11/03/2021 06:18 EDT

Estonian edtech startup Mentornaut raises €200K to launch personalised education in Kenya

Mentornaut, a new online tutoring platform, has announced a €200K investment round, led by the Estonian Business Angels Network (EstBAN). The platform is aiming to increase inclusion in personalised education, and counts Superangel, United Angels VC and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors. ... Read more

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EU-Startups
Thomas Ohr @ EU-Startups 3 place · 11/03/2021 05:03 EDT

Barcelona-based social commerce app Picker extends seed funding to a total of €3.4 million, helping people ‘buy better together’

Founded in 2018 by Daniel Ramos, Conan Moriarty, and Enric Gabarró, Picker offers a marketplace where users can share, discover, and buy their favourite products based on recommendations on the Picker community. Based 100% on recommendations between people, without sponsors, Picker’s ecosystem includes products recommended by creators, experts, and users. One year after raising an ... Read more

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