Every month, Vestbee compiles a list of the most significant financial rounds closed in Central and Eastern Europe and the broader European region. Recently, we published a selection of startups from CEE that secured funding in June, providing details on each deal. Below is a list of 50 startups from a broad European region that received funds during June.
Proxima Fusion, €130M in Series A
Location: Munich, Germany
Founded in: 2023
Total funding received: €181.5M
Recent funding resources: Wilbe Capital, Visionaries Tomorrow, UVC Partners, redalpine, Plural Platform, Omnes Capital, Lightspeed Venture Partners, Leitmotif, HTGF (High-Tech Gruenderfonds), Elaia
Munich-based Proxima Fusion, which develops advanced stellarator fusion reactors for clean, continuous energy, has raised €130 million in Series A funding, bringing its total backing to €185 million. The company aims to build the world’s first stellarator-based fusion power plant by the 2030s.
Nabla, €59.4M in Series C
Location: Paris, France
Founded in: 2018
Total funding received: €97.3M
Recent funding resources: HV Capital, Highland Europe, DST Global, Cathay Innovation, Build Collective
French healthcare tech company Nabla, which provides AI tools for real-time clinical note generation, has secured €59.4 million in a Series C funding round. The company plans to use the funds to develop personalized AI agents for clinical workflows, expand its agentic platform, and enhance EHR integration.
Tandem Health, €42.6M in Series A
Location: Stockholm, Sweden
Founded in: 2023
Total funding received: €50.5M
Recent funding resources: Visionaries Club, Northzone, Kinnevik, Amino Collective
Swedish healthcare startup Tandem Health, which provides an AI-based medical scribe that generates clinical notes from consultations, has secured €42.6 million in a Series A round to expand its operations and development efforts.
Pelico, €33.9M
Location: Paris, France
Founded in: 2019
Total funding received: €61.4M
Recent funding resources: Serena, General Catalyst, 83North
French startup Pelico, which offers a supply chain operations platform to help factory teams quickly manage disruptions and optimize production, has raised €33.9 million to expand in North America, advance agentic AI for autonomous supply chain optimization, and grow its data science and engineering teams.
Portal Biotech, €29.7M in Series A
Location: London, the UK
Founded in: 2021
Total funding received: €29.7M
Recent funding resources: WS Investment Company, We Venture Capital, SCVC, Pillar VC, Outsized Ventures, NATO Innovation Fund, Earlybird Venture Capital, British Business Bank, Amino Collective, 8VC
Portal Biotech is a biotechnology company focused on advanced proteomics and metabolomics using single-molecule detection. In June, it raised €29.7 million in Series A funding to accelerate its roadmap, expand its R&D and data-science teams, and deepen collaborations with pharma and biotech partners.
Tebi, €30M in Series B
Location: Amsterdam, Netherlands
Founded in: 2012
Total funding received: €50M
Recent funding resources: Alphabet's CapitalG, Index Ventures
Amsterdam-based hospitality platform Tebi has raised €30 million in a Series B round, bringing total funding to €56 million, to expand into new markets, starting with the UK, and to grow its team and AI capabilities.
Payrails, €27.1M in Series A
Location: Berlin, Germany
Founded in: 2021
Total funding received: €44.8M
Recent funding resources: HV Capital, General Catalyst, EQT Ventures, Andreessen Horowitz
Berlin-based payment software company Payrails has raised €27.1 million in Series A funding to accelerate product innovation across the payment lifecycle and expand its teams in Berlin, London, Paris, Dublin, Cairo, and Dubai.
Knowunity, €27M in Series B
Location: Berlin, Germany
Founded in: 2020
Total funding received: €48M
Recent funding resources: XAnge, Project A, Redalpine, Educapital, Stride.VC, Verena Pausder, Kirill Bigai, Philipp Man
Berlin-based Knowunity, which develops an AI-powered learning companion for personalized, accessible education, has secured €27 million in a Series B funding round. The company plans to focus on the US and Asian markets while expanding its team to accelerate product development, growth, and international expansion.
Definely, €25.4M in Series B
Location: London, the UK
Founded in: 2020
Total funding received: €35.6M
Recent funding resources: Revaia, Alumni Ventures, Beacon Capital, Clio, Octopus Ventures, Zrosk Investment Management, The Raine Group, Cornerstone VC
London-based startup Definely, which develops advanced document creation software, has raised €25.4 million in a Series B round, bringing total funding to €35.6 million, to support global expansion with a focus on the US market
Treefera, €25.4M in Series B
Location: London, the UK
Founded in: 2022
Total funding received: €37.5M
Recent funding resources: Twin Path Ventures, Triple Point Ventures, Notion Capital, Endeit Capital, Endeit Capital
UK-based Treefera, an AI-enabled data platform for transparent nature-based asset reporting, has raised €25.4 million in a Series B round to expand globally, enhance its AI platform, and boost supply chain risk and compliance capabilities.
MIND, €25.4M in Series A
Location: London, the UK
Founded in: 1946
Total funding received: €25.4M
Recent funding resources: Insight Partners
London-based health care firm MIND, which offers support for individuals facing mental health challenges, has raised €25.4 million in a Series A round to grow its R&D and go-to-market teams and advance its AI-powered data loss prevention and insider risk management platform.
Look Up Space, €24M in Series A
Location: Toulouse, France
Founded in: 2022
Total funding received: €64M
Recent funding resources: MIG Capital, Leadwind, K Fund, Karista, Expansion Ventures, ETF Partners, EIC Accelerator
Toulouse-based Look Up Space, which delivers high-quality space safety and security data through a sovereign sensor network, has raised €24 million in a Series A round to accelerate the global rollout of its space surveillance radar network and scale international expansion.
Maze, €21.2M in Series A
Location: London, the UK
Founded in: 2024
Total funding received: €26.3M
Recent funding resources: Theory Ventures, Tapestry VC, Cherry Ventures
London-based Maze, which develops an AI-driven platform to detect and resolve cloud security vulnerabilities, has raised €21.2 million in a Series A round to expand its team and advance its technology.
Moments Lab, €20.3M
Location: Boulogne-Billancourt, France
Founded in: 2016
Total funding received: €31.7M
Recent funding resources: Supernova Invest, Oxx, Orange Ventures, Kadmos, Elaia
French company Moments Lab, which builds AI technology to analyze and organize video content for media, sports, and brands, has raised €20.3 million to fuel US expansion and boost R&D.
Ostrom, €20M in Series B
Location: Berlin, Germany
Founded in: 2021
Total funding received: €38.7M
Recent funding resources: Union Square Ventures, Übermorgen Ventures, SE Ventures, J12, Eneco Ventures, Adjacent, 468 Capital
Berlin-based cleantech firm Ostrom, a digital green energy provider, has raised €20 million in Series B funding to expand its operations and accelerate product development.
NOAH, €18.6M in a seed round
Location: London, the UK
Founded in: 2020
Total funding received: €19.2M
Recent funding resources: Tom Stafford, LocalGlobe, Joe Lonsdale
London-based fintech startup NOAH, which offers Bitcoin trading solutions, has raised €18.6 million in seed funding to develop stablecoin-powered infrastructure, simplify cross-border payments, and build a faster, cheaper, and compliant enterprise platform for global money transfers.
Boost, €17.6M in Series B
Location: Zurich, Switzerland
Founded in: 2020
Total funding received: €17.6M
Recent funding resources: Kineo Finance, Direttissima Growth Partners, Capmont Technology
Swiss startup Boost, which digitizes vending and transforms underused spaces into thriving, data-driven sales channels, has recently raised €17.6 million in a Series B round to fuel its international expansion and product innovation.
SynthFlow AI, €16.9M in Series A
Location: Berlin, Germany
Founded in: 2023
Total funding received: €24.6M
Recent funding resources: Singular, Atlantic Labs, Accel
Berlin-based company SynthFlow AI, which offers a no-code platform designed to transform customer service, has secured €16.9 million in a Series A round. The team plans to invest the new funding in R&D to maintain its early momentum by enhancing product utility and expanding its appeal to SMEs.
Labrys Technologies, €16.9M in Series A
Location: London, the UK
Founded in: 2022
Total funding received: €21.6M
Recent funding resources: Superangel, Project A Ventures, Plural Platform, MD ONE Ventures, Marque Ventures, Expeditions Fund, AlbionVC
London-based cryptocurrency startup Labrys, which offers a secure platform to manage, verify, and pay global teams, has raised €16.9 million in Series A funding to scale operations and enhance its Axiom platform.
Mercanis, €17.3M in Series A
Location: Berlin, Germany
Founded in: 2020
Total funding received: €26.5M
Recent funding resources: Victor Jacobsson, Speedinvest, Signals Venture Capital, Partech, Mirko Novakovic, Dr. Ulrich Piepel, Dr. Marcell Vollmer, Capmont Technology, AVP, Angel Invest
German firm Mercanis, which provides AI-powered procurement and sourcing software, raised €17.3 million in a Series A round in June to enhance its platform and expand into the U.S. market.
Sifflet, €15.2M
Location: Paris, France
Founded in: 2021
Total funding received: €30.3M
Recent funding resources: Mangrove Capital Partners, EQT Ventures, Capmont Technology
Paris-based Sifflet, a data observability platform, has secured €15.2 million to accelerate its expansion and establish itself as the leading solution for AI-ready data monitoring.
CRED AI, €12.7M in a seed round
Location: London, the UK
Founded in: 2023
Total funding received: €12.7M
Recent funding resources: Streamlined Ventures, SilverCircle, Octopus Ventures, LDV Partners, HOF Capital, Gaingels, Defy.VC, BAM Ventures, Alumni Ventures
London-based CRED, an AI-powered predictive intelligence platform that connects business systems with real-world signals, has raised €12.7 million in a seed round to scale product development, enhance its AI models, expand its go-to-market team, and grow into new enterprise sectors beyond Sports & Entertainment.
Sibill, €12M in Series A
Location: Milan, Italy
Founded in: 2021
Total funding received: €18.7M
Recent funding resources: Creandum, Keen Venture Partners
Milan-based fintech Sibill, which streamlines financial management for SMBs, has raised €12 million in a Series A round to accelerate platform development, introduce automated payment features, and scale its team to 100 employees by the end of 2025.
Baobab, €12M in Series A
Location: Berlin, Germany
Founded in: 2021
Total funding received: €20.5M
Recent funding resources: Viola FinTech, Project A Ventures, eCAPITAL, ENTREPRENEURIAL PARTNERS, Christof Mascher. Augmentum Fintech
Berlin-based cyber insurance firm Baobab has secured €12 million in a Series A funding round to enhance its risk assessment capabilities, expand its scanning tools, grow its team, and accelerate expansion across the European market.
Elkedonia, €11.3M in a seed round
Location: Strasbourg, France
Founded in: 2025
Total funding received: €11.3M
Recent funding resources: WE Life Sciences, Sambrinvest, Kurma Partners, Carma Fund, Capital Grand Est, Bpifrance, ARGOBIO, Angelini Ventures
French biotech company Elkedonia, dedicated to transforming antidepressant therapy, has raised €11.3 million in a seed round to advance the development of potentially fast-acting therapeutics for treatment-resistant depression and other neuropsychiatric disorders.
Lyceum, €10.3M in a pre-seed round
Location: Zurich, Switzerland
Founded in: 2025
Total funding received: €10.3M
Recent funding resources: Redalpine, 10x Founders
Zurich-based Lyceum, which simplifies AI model training and deployment by removing infrastructure complexities, has raised €10.3 million in a pre-seed round to build sovereign GPU cloud infrastructure, streamline management, and expand sustainable data centers across Europe.
SWARM Biotactics, €10M in a seed round
Location: Kassel, Germany
Founded in: 2024
Total funding received: €13M
Recent funding resources: Vertex Ventures US, Possible Ventures, Capnamic
German firm SWARM Biotactics, which develops controllable bio-robotic systems using living insects for defense, security, disaster recovery, and industrial inspection, has raised €10 million in a seed round to support field deployment and scale its AI-enabled insect bio-robots for high-risk environments.
Jua, €10M in Series A
Location: Zurich, Switzerland
Founded in: 2022
Total funding received: €27.9M
Recent funding resources: Ananda Impact Ventures, Future Energy Ventures, 468 Capital, Promus Ventures
Zurich-based Jua has raised €10 million in Series A to accelerate the launch of its AI-powered Earth Intelligence Platform, enhance features, and expand in the energy sector and new markets.
Polar, €8.5M in a seed round
Location: Stockholm, Sweden
Founded in: 2022
Total funding received: €8.5M
Recent funding resources: Zeno Rocha, Tobias Lütke, Thomas Mann, Steven Tey, Sebastien Chopin, Jared Palmer, Michael Grinich
Swedish fintech Polar, a subscription network for open-source maintainers and backers, has raised €8.5M in a seed round to expand its team, develop new billing tools for developers, and grow its global community.
Flank, €8.5M in Series A
Location: Berlin, Germany
Founded in: 2018
Total funding received: €15.4M
Recent funding resources: Insight Partners, Gradient Ventures, 10x Founders, HV Capital
Berlin-based legaltech startup Flank has raised €8.5 million in a Series A round to advance its autonomous AI legal agent, grow engineering and commercial teams, and expand enterprise partnerships for global scaling.
aeon.life, €8.2M in a seed round
Location: Zurich, Switzerland
Founded in: 2023
Total funding received: €8.2M
Recent funding resources: Kadmos Capital, GoHub Ventures, EWOR, Daniel Gutenberg, Concentric, Calm/Storm Ventures
Zurich-based preventive healthcare platform aeon.life has secured €8.2 million in a seed round to expand into Switzerland, Germany, and the UK by opening 10+ locations offering AI-powered health check-ups.
Chatlyn, €8M in Series A
Location: Vienna, Austria
Founded in: 2022
Total funding received: €8M
Recent funding resources: Smedvig Ventures, Mathias Hiebeler, Blaguss Reisen, Andreas Burike
Vienna-based Chatlyn is a software development company that specializes in automating client communication processes such as inquiry handling and targeting. The firm has secured €8 million in Series A funding to accelerate product innovation, expand geographically across Europe, APAC, and the UAE, and grow its AI and development teams.
Latent Technology, €6.8M in a seed round
Location: London, the UK
Founded in: 2022
Total funding received: €8.5M
Recent funding resources: AlbionVC, Spark Capital, Root Ventures, Alumni Ventures
London-based Latent Technology, which develops AI-driven real-time character animation for games, has secured €6.8 million to scale its generative physics model, Phoenix.
Brandback €6.2M in a seed round
Location: Berlin, Germany
Founded in: 2023
Total funding received: €6.2M
Recent funding resources: Earlybird Venture Capital, 9900 Capital
Berlin-based resale infrastructure company Brandback has recently raised €6.2 million in a seed funding round to expand its go-to-market and engineering teams, enhance its AI capabilities, and onboard more global retailers aiming to tap into the fast-growing resale market.
Tibo Energy, €6M in a seed round
Location: Eindhoven, Netherlands
Founded in: 2022
Total funding received: €6.7M
Recent funding resources: KOMPAS VC, Hitachi Ventures, WEPA Ventures, SET Ventures, Speedinvest
Eindhoven-based energy tech startup Tibo Energy, which develops AI-powered energy management solutions to optimize usage, reduce costs, and support sustainability, has raised €6 million in a seed funding round to expand its presence in Germany and Belgium and grow its team.
deepdots, €5.5M in a seed round
Location: Copenhagen, Denmark
Founded in: 2023
Total funding received: €6.7M
Recent funding resources: Maki.vc, Geeta Schmidt, Dawn Capital
Danish firm Deepdots is an AI business creating a platform that compiles and analyzes user reviews automatically; it has raised €5.5 million in seed funding to expand its team, open a Barcelona office, and enhance its AI infrastructure.
Polaris, €5.3M in a seed round
Location: Bremen, Germany
Founded in: 2019
Total funding received: €5.3M
Recent funding resources: Spacewalk VC, Giuseppe Nardi, E2MC Ventures, Dienes Holding, Capnamic
German aerospace startup Polaris, which develops a revolutionary reusable space launch and hypersonic transport system, has raised €5.3 million in a seed round to fund global expansion.
.PhotonPath, €5.1M in Series A
Location: Milan, Italy
Founded in: 2019
Total funding received: €5.1M
Recent funding resources: Join Capital, Deep Ocean Capital, Levante Capital, 360 Capital, RoboIT, Brembo Ventures
Milan-based nanotech startup PhotonPath has secured €5.1 million in Series A funding to grow sales and commercial teams and accelerate product development in optical networking, industrial monitoring, and smart infrastructure.
DRIMCo, €4.2M in a seed round
Location: Munich, Germany
Founded in: 2020
Total funding received: €4.2M
Recent funding resources: Ventech, Bayern Kapital
Munich-based firm DRIMCo, an enterprise AI-SaaS company that analyzes document requirements and optimizes business processes, has secured $5 million in seed funding. The capital will accelerate the development of its AI product DRIM and multi-AI action agents.
RevEng, €3.5M in a seed round
Location: London, the UK
Founded in: 2022
Total funding received: €3.5M
Recent funding resources: Sands Capital Ventures, IQT, IQ Capital, Episode 1
London-based firm RevEng, a deep AI framework for analyzing binary computer programs, has secured €3.5 million in a seed round in June to enhance its platform.
Valla, €2.3M in a seed round
Location: Edinburgh, United Kingdom
Founded in: 2020
Total funding received: €M
Recent funding resources: Techstart Ventures, Resolution Foundation, Portfolio Ventures, Ada Ventures, Active Partners
UK-based Valla, offering data-driven legal tools, has raised €2.3 million in seed funding to enhance marketing, forge partnerships with unions and insurers, develop AI features, and expand into small claims, tenancy law, and new markets in the US and Europe.
Pletor, €2M in a pre-seed round
Location: Paris, France
Founded in: 2024
Total funding received: €2M
Recent funding resources: Kima Ventures, Kieran Flanagan, Claude Alexandre, Atlantic Labs, Antoine Pabst
Paris-based firm Pletor, which develops a design agents platform, has secured €2 million in a pre-seed round to expand their teams, accelerate product development, and fuel international growth.
Kiin Bio, €1.8M in a pre-seed round
Location: London, the UK
Founded in: 2024
Total funding received: €1.8M
Recent funding resources: b2venture, HEARTFELT_, rule30
UK-based startup Kiin Bio, which develops virtual scientists to accelerate drug discovery using AI, has secured €1.8 million in a pre-seed round to launch its Virtual Scientist Platform, KiinOS, in 2025.
elyndra, €1.2M in a seed round
Location: London, the UK
Founded in: 2024
Total funding received: €1.2M
Recent funding resources: Outward VC
London-based Elyndra uses AI to optimize social care processes and improve decision-making. The company will use €1.2 million in funding to accelerate platform development, hire key staff, and expand its impact in social care.
