April witnessed a display of entrepreneurial success in Europe, with SaaS solutions, analytics, smart management solutions, software companies, fintech, and healthtech drawing substantial investor interest. We have already presented interesting CEE startups that closed funding rounds in April. For those seeking insights into the fresh startups at the forefront of these sectors in the whole Europe, we have prepared a selection of the top companies that secured significant funding rounds during April.
Now, let’s check out the TOP 25 April startup funding rounds in Europe!
Quantexa
Location: London, England, United Kingdom
Launch date: 2016
Funding Round: Series E, € 117M
Funding Source: ABN AMRO Ventures, AlbionVC, BNY Mellon, British Patient Capital, Dawn Capital, Evolution Equity Partners, GIC, HSBC, Warburg Pincus
Total funding received: € 335M
Quantexa is a leading global data and analytics software company, pioneering in Contextual Decision Intelligence. Contextual Decision Intelligence is an innovative approach that enables organizations to make trusted operational decisions by transforming raw data into meaningful insights. With technologies such as big data and artificial intelligence at its core, Quantexa provides a holistic, interconnected view of internal and external data, revealing hidden risks and new opportunities. Having successfully secured a total of €335M in funding, Quantexa's most recent Series E round marks another milestone in its growth.
Infogrid
Location: London, England, United Kingdom
Launch date: 2018
Funding Round: Series B, € 82M
Funding Source: Committed Capital, JLL Spark, Northzone, Original Capital, Pictet Private Equity Investors, SoftBank Vision Fund, The Venture Collective
Total funding received: € 123M
Infogrid creates AI technology that is revolutionizing facilities management by creating intelligent buildings through the integration of small, unobtrusive, and low-cost IoT sensors and proprietary algorithms as well as machine learning. By optimizing and automating building management, Infogrid is not only saving precious time and money but also making a significant contribution towards a more sustainable future while enhancing safety. With a fundraising success of € 123M, Infogrid's most recent Series B round marks another milestone in its journey towards creating a smarter world.
Complement Therapeutics
Location: London, England, United Kingdom
Launch date: 2020
Funding Round: Series A, € 72M
Funding Source: BioGeneration Ventures, Cambridge Innovation Capital, Forbion Capital Partners, Gimv, Hadean Ventures, Panakes Partners, Seroba Life Sciences
Total funding received: € 77M
Complement Therapeutics is a preclinical stage company, making strides in the field of precision medicine. Through its diagnostic platform, the company is developing a powerful tool that enables patient stratification based on their complement-activation profile. Their solution holds immense potential, not only in terms of patient selection but also as an efficacy biomarker in future clinical studies. Complement Therapeutics gained new insights into the ways the Complement System works and is now developing a portfolio of treatments for Complement-related diseases. Complement Therapeutics' most recent Series A amounts to € 72M.
Mooncard
Location: Paris, France
Launch date: 2016
Funding Round: Series C, € 37M
Funding Source: Aglaé Ventures, BlackFin Capital Partners, Orange Digital Ventures, Partech, Portage Ventures, Raise Ventures
Total funding received: € 68.5M
Mooncard was founded to leverage cutting-edge payment technologies and simplify the day-to-day operations of all businesses, while boosting their efficiency and profitability. Mooncard provides a secure and real-time payment solution, eliminating the need for manual processing and facilitating the automation of the entire payment and management cycle. Leveraging the latest technological advancements such as web, big data, and AI, Mooncard offers an easy-to-deploy solution that delivers significant efficiencies and cost savings for businesses of all sizes. Mooncard's recent Series C amounts to € 37M and is
backed by seven investors, including Aglaé Ventures and Raise Ventures.
Ariceum Therapeutics
Location: Berlin, Germany
Launch date: 2021
Funding Round: Series A, € 22.7M
Funding Source: Andera Partners, Earlybird Venture Capital, Pureos Bioventures
Total funding received: € 47.8M
Ariceum Therapeutics is a clinical-stage radiopharmaceutical firm dedicated to developing diagnostic and targeted treatment options for aggressive malignancies, including neuroendocrine tumors and hard-to-treat cancers. The company's primary product (Satoreotide) is targeted systemic radiopharmaceutical therapy. The company's innovative approach to cancer treatment has attracted investment with a total of €47.8M raised. Ariceum Therapeutics is funded by five investors, with Pureos Bioventures and Earlybird Venture Capital being the most recent investors.
TympaHealth
Location: London, England, United Kingdom
Launch date: 2017
Funding Round: Series A €20.8 M
Funding Source: Octopus Ventures, Rezayat Investments and Business Angeles
Total funding received: €28 M
Tympa is the world’s first all-in-one ear and hearing healthcare assessment platform. Tympa allows non-specialists to perform high-definition digital otoscopy, micro-suction wax removal, and hearing screening all in one 30-minute appointment. This system has a potential to revolutionize the way that ear and hearing health is assessed, making it more accessible and convenient for patients. TympaHealth has now secured funding that amounts to €28 M.
M^ZERO Labs
Location: Berlin, Germany
Launch date: 2023
Funding Round: €20.3 M
Funding Source: AirTree Ventures, Distributed Capital Partners, Earlybird Venture Capital, Kraynos Capital, Mouro Capital, Pantera Capital, ParaFi Capital, Road Capital Management, SALT, Standard Crypto
Total funding received: €20.3 M
M^ZERO Labs is building a network providing a secure and reliable way for large-scale users to connect resources to a decentralized infrastructure. The company provides participants with transparency, composability, and governance required for sophisticated on-chain monetary transactions. To achieve its mission, M^ZERO Labs has raised €20.3 M, backed by AirTree Ventures, Distributed Capital Partners, Earlybird Venture Capital, Kraynos Capital, Mouro Capital, Pantera Capital, ParaFi Capital, Road Capital Management, SALT and Standard Crypto.
EyeLights
Location: Labège, France
Launch date: 2016
Funding Round: Series A €20 M
Funding Source: Aster, Bpifrance, Breega, EIC-Fund, FK Group, Shift4Good, Techstars
Total funding received: €25 M
EyeLights is a Head Up Display GPS that allows motorbikers to truly experience the ride by keeping their eyes on the road. The company’s solution provides guidance, danger zones and traffic directly into your field of vision. The EyeLights product installs in less than 5 minutes on a full-face, convertible or jet helmet. The company has raised a total of €25 M from a Series A and is backed by Aster, Bpifrance, Breega, EIC-Fund, FK Group, Shift4Good and Techstars.
Riverlane
Location: Cambridge, United Kingdom
Launch date: 2017
Funding Round: Series B, €17 M
Funding Source: Altair, Amadeus Capital Partners, Cambridge Innovation Capital, Molten Ventures, National Security Strategic Investment Fund
Total funding received: €38.8 M
Riverlane is a company that designs and builds instruments and software tools enabling the practical application of quantum computing. By collaborating with quantum computer manufacturers, Riverlane is able to develop hardware and software solutions that can effectively control the unstable nature of qubits and correct system defects at incredibly fast speeds, unlocking the full potential of quantum computing applications. To date, the company has raised €38.8 M in funding.
Quantica
Location: Berlin, Germany
Launch date: 2020
Funding Round: Series A €14M
Funding Source: byFounders, Scale Capital
Total funding received: €14M
Quantica is a manufacturing company based in Berlin. Their innovative printhead is a game-changer, enabling efficient and streamlined production of multi-material, end-use products by combining high-viscosity materials in a single process. Their technology eliminates the need for extensive post-processing, saving time and money, while creating functional, high-performance parts and products. To support their continued growth and development, Quantica has raised a total of € 14M in funding. They are currently funded by two investors, Scale Capital and byFounders.
Finanzguru
Location: Frankfurt, Germany
Launch date: 2015
Funding Round: Series B, € 12.6M
Funding Source: coparion, Deutsche Bank, Hannover Digital Investments, PayPal Ventures, SCOR Ventures, Venture Stars, VR Ventures, Business Angel
Total funding received: € 28.5M
Finanzguru is an AI-powered financial assistant that leverages real-time data to help users manage their accounts and contracts. By analyzing a user's income, expenses, and upcoming bookings with contractual partners, Finanzguru calculates their disposable income and presents it as a single number for easy reference. The company has raised € 12.6M in funding, with its most recent Series B round backed by coparion, Deutsche Bank, Frank Strauss, Hannover Digital Investments, PayPal Ventures, SCOR Ventures, Venture Stars, and VR Ventures.
m3ter
Location: Bermondsey, United Kingdom
Launch date: 2020
Funding Round: Series A, € 13M
Funding Source: Insight Partners, Kindred Capital, Notion Capital, Union Square Ventures
Total funding received: € 27M
M3ter's pricing operations platform streamlines usage-based pricing for companies, handling complex pricing and generating real-time error-free billing. By integrating usage, pricing, and account data, M3ter allows for flexible pricing and billing logic applications. The platform automates billing operations, aligns teams with real-time usage data, and enables quick pricing optimization and industry support. With a Series B funding of € 13M, they are currently backed by Insight Partners, Kindred Capital, Notion Capital, and Union Square Ventures.
Scan.com
Location: London, England, United Kingdom
Launch date: 2017
Funding Round: Series A, € 11M
Funding Source: Aviva Ventures, Forefront Venture Partners, Oxford Capital Partners, Simplyhealth, Triple Point Ventures, YZR Venture Capital
Total funding received: € 15.3 M
Scan shapes the future of diagnostic imaging by building the UK's marketplace for self-pay MRI scans. The company has raised a total of €15.3 M in funding and is backed by investors, including lead investors such as Aviva Ventures, Oxford Capital Partners, Simplyhealth, Triple Point Ventures and YZR Venture Capital.
CarbonChain
Location: London, England, United Kingdom
Launch date: 2019
Funding Round: Series A,€ 9 M
Funding Source: Union Square Ventures, Voyager Ventures
Total funding received: € 9.1 M
CarbonChain's digital platform helps polluting industries track their supply chain greenhouse gas emissions. With a comprehensive database of greenhouse gas emissions factors, the platform fosters transparency, enhances security, and drives efficiencies and cost savings across supply chains. CarbonChain enables commodities companies to identify their highest polluting transactions and take the necessary steps to protect their supply chains against rising carbon prices. The company has raised a total sum of €9.1 M and has currently finished Series A, backed by Union Square Ventures, Voyager Ventures.
Zaptic
Location: Manchester, England, United Kingdom
Launch date: 2012
Funding Round: Series A, € 9M
Funding Source: Molten Ventures
Total funding received: € 9M
Zaptic helps global manufacturing and service organizations move daily operations out of spreadsheets and paper. This results in improvements in productivity, quality, and safety, as well as a smooth transfer of knowledge between retiring and new workers, improving market resiliency. Zaptic is bringing change to manufacturing and production, with clients such as Crlsberg, P&G or Firstgas. Zaptic's latest funding amounts to € 9M and is backed by Molten Ventures.
Graneet
Location: Paris, France
Launch date: 2020
Funding Round: Series A, € 8M
Funding Source: Axeleo Capital, Foundamental, Point Nine and Business Angeles.
Total funding received: € 10.4 M
Graneet’s management platform is designed to offer comprehensive commercial support to SMEs in the construction industry. Through real-time access to key performance indicators and streamlined financial and administrative monitoring of projects, Graneet empowers its users to increase their margin rates and optimize their operations. The company’s solution helps its clients automate tasks, process business opportunities, generate invoices, and manage payments. Graneet is backed by Axeleo Capital, Foundamental, Point Nine, and Business Angeles, with its recent Series A that amounts to € 8M.
TRIVER
Location: London, England,United Kingdom
Launch date: 2022
Funding Round: Seed, €7.9 M
Funding Source: Axeleo Capital, FJ Labs, Motier Ventures, Motive Partners, Pareto Holdings, Stride.VC and Business Angeles
Total funding received: €7.9 M
TRIVER is a fintech company aiming to provide small businesses with quick and easy access to capital through the use of Open Banking data and AI models. TRIVER intends to be integrated with various digital service providers such as accounting software, digital banks, and procurement software. This integration offers a flexible capital solution to small businesses from any industry without any complexity. The company has raised €7.9 M in seed round and is backed by Axeleo Capital, FJ Labs, Motier Ventures, Motive Partners, Pareto Holdings, Stride.VC and Business Angeles.
Reverion
Location: Munich, Germany
Launch date: 2022
Funding Round: Seed, €7.7 M
Funding Source: Doral Energy-Tech Ventures, Extantia Capital, Green Generation Fund, LANDWÄRME, UVC Partners
Total funding received: €16.7 M
Reverion works in the energy sector, providing highly efficient and carbon-negative power plants. Their technology boasts a doubling of electricity production through its superior electrical efficiencies, while also offering a reversible mode that enables the production of renewable gases for long-term energy storage. In the process, the production of pure CO2, which is readily available for storage, facilitates negative CO2-emissions. Reverion's has gathered the total funding of €16.7 M and is backed by Doral Energy-Tech Ventures, Extantia Capital, Green Generation Fund, LANDWÄRME and UVC Partners.
Clue
Location: Berlin, Germany
Launch date: 2022
Funding Round: € 7M
Funding Source: Balderton Capital, Union Square Ventures
Total funding received: €50.3 M
Clue is a reproductive health company that is dedicated to providing personalized health insights and empowering women throughout their reproductive cycle, from the onset of menstruation to the final stages of life. The company now has users in over 190 countries and managed to secure itself a recent investment amounting to € 7M, being backed by Balderton Capital and Union Square Ventures.
Oblivious
Location: Dublin, Ireland
Launch date: 2020
Funding Round: Seed, € 5.3M
Funding Source: Act Venture Capital, Atlantic Bridge, Cavalry Ventures, Expeditions Fund, Firestreak Ventures, Hustle Fund
Total funding received: € 6.2M
Oblivious’ technology maintains end-to-end payload encryption. While establishing a connection with the enclave, that is said to be a server with special super powers, the company facilitates the exchange of an attestation document, ensuring security and privacy. Oblivious has received the attention of investors and raised a seed round amounting to €5.3 M, supported by Act Venture Capital, Atlantic Bridge, Cavalry Ventures, Expeditions Fund, Firestreak Ventures and Hustle Fund.
Skarlett
Location: Paris, France
Launch date: 2023
Funding Round: Seed, €4 M
Funding Source: Alven, Motier Ventures, Raise for Good, Business Angeles
Total funding received: €4 M
Skarlett is a startup that helps seniors regain purchasing power by creating a marketplace, enabling them to sell their property while still living in their home and receiving an annuity for the rest of their lives. With a funding total of €4 million raised in a seed round Skarlett is funded by investors, including Alven, Motier Ventures, Raise for Good and Business Angeles.
VyperCore
Location: Cambridge, United Kingdom
Launch date: 2022
Funding Round: Seed, € 4M
Funding Source: BGF Ventures, Foresight WAE Technology, Octopus Ventures, Science Creates Ventures, Silicon Roundabout Ventures
Total funding received: € 4M
VyperCore is focusing on changing the performance and security paradigms for existing compute-intensive workloads. The company’s processor technology allows memory security vulnerabilities to be ruled out at the gate-level in the silicon, and application throughput is increased by an order of magnitude, all without changing a line of source code. VyperCore is still developing, with plans to start hiring for processor core designers, compiler and runtime developers, as well as verification engineers. The company raised a total of € 4 million in a seed round and is supported by BGF Ventures, Foresight WAE Technology, Octopus Ventures, Science Creates Ventures, Silicon Roundabout Ventures.
Quanscient
Location: Finland, Europe
Launch date: 2022
Funding Round: Seed, €3.9 M
Funding Source: First Fellow Partners, Maki.vc and Business Anageles
Total funding received: €4.3 M
Quanscient is a technology startup that develops software tools and solutions for scientific research. The company focuses on creating artificial intelligence and machine learning tools to help researchers improve their workflows and make more accurate predictions, thanks to simulation utilizing quantum computing algorithms. Quanscient has raised a total of € 3.9M in its seed round, being funded by First Fellow Partners, Maki.vc and Business Anageles.
Virtonomy GmbH
Location: Munich, Germany
Launch date: 2019
Funding Round: €3.5 M
Funding Source: Accenture Ventures, Bayern Kapital, DvH Ventures, Honeystone Ventures, N&V Capital, Pace Ventures Enigma, Springboard Health Angels
Total funding received: €3.5 M
Virtonomy is a healthcare company that utilizes data-driven research with a focus on virtual patients to expedite the arrival of medical products to the market. The company’s technology accelerates medical device development and clinical trials thanks to the presence of digital patient twins. Virtonomy’s database forms the basis of studies that encompass a diverse range of anatomical variations, demographic variances, and pathological conditions throughout the entire life cycle of the product, from concept to post-market surveillance. Virtonomy has secured a total of €3.5M in funding and it’s backed by Accenture Ventures, Bayern Kapital, DvH Ventures, Honeystone Ventures, N&V Capital, Pace Ventures Enigma and Springboard Health Angels.
Primo
Location: Paris, France
Launch date: 2022
Funding Round: Seed, € 3M
Funding Source: Global Founders Capital, Headline and Business Angeles.
Total funding received: € 3M
Primo offers an all-in-one IT-as-a-service platform designed to streamline and simplify the management of applications, devices, people, and security. This solution empowers small to medium-sized enterprises to efficiently scale their operations while eliminating the hours that each employee loses annually due to IT-related challenges. The company has secured € 3M in funding from Global Founders Capital, Headline and Business Angeles.
Sources: Vestbee VC & startup community, startup press releases, web & social media monitoring, Crunchbase
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