
The round was led by Smedvig Ventures, with participation from Wecken & Cie., Dennis Bemmann, and Michael Brehm.

Despite longevity becoming one of the fastest-growing trends globally, Europe has produced remarkably few venture-backed winners. Why so?

The fund is anchored by British Business Bank, with participation from returning LPs Aldea Ventures, Sella Venture Partners, and Molten Ventures.