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 May, providing details on each deal. Below is a list of startups that received funds during May.
HAYA Therapeutics, €56.9M in Series A
Location: Lausanne, Switzerland
Founded in: 2017
Total funding received: €964M
Recent funding resources: Sofinnova Partners, Schroders Capital, +ND Capital, Longview Ventures, LifeLink Ventures, Eli Lilly, Earlybird Venture Capital, Bernina BioInvest, ATHOS, Apollo Health Ventures
Swiss-based biotech startup HAYA Therapeutics has secured €56.9 million in a Series A round to advance clinical trials for its lead heart failure therapy and expand its RNA-guided platform targeting chronic and age-related diseases.
ReproNovo, €56.9M in Series A
Location: Lausanne, Switzerland
Founded in: 2021
Total funding received: €56.9M
Recent funding resources: Ysios Capital, M Ventures, Jeito Capital, AXA Alternative Investments, ALSA Ventures
Swiss-based biotech startup ReproNovo, specializing in reproductive and women’s health, has raised €56.9 million in a Series A funding round to advance two Phase 2 clinical programs targeting male infertility and adenomyosis/ART success.
Granola, €37.6M in Series B
Location: London, United Kingdom
Founded in: 2023
Total funding received: €58.9M
Recent funding resources: Zach Lloyd, Tobias Lütke, Spark Capital, Romain Huet, Noah Weiss, Nilan Peiris, NFDG Ventures, Lightspeed Venture Partners, Lenny Rachitsky, Laura Modiano
London-based Granola, an AI-powered notepad that transcribes and summarizes meetings without joining calls, has raised €37.6 million in a Series B funding round to accelerate product development and expand its team.
Veesion, €37.6M in Series B
Location: Paris, France
Founded in: 2018
Total funding received: €53M
Recent funding resources: White Star Capital, Verve Ventures, Red River West, ODYSSEE VENTURE, Founders Future, Bpifrance
French startup Veesion develops intelligent video surveillance software to detect gestures associated with shoplifting. Recently, the company secured €37.6 million in Series B funding to support international expansion and product development.
Hilo, €36.8M in Series B
Location: Neuchâtel, Switzerland
Founded in: 2018
Total funding received: €89.1M
Recent funding resources: Wellington Partners, Verve Ventures, Translink Capital, redalpine, naturalX Health Ventures, Molten Ventures, Khosla Ventures, K Fund, Earlybird Venture Capital
Neuchâtel-based healthcare company Hilo has raised €36.8 million in Series B funding, bringing total investment to over $100 million to advance its blood pressure intelligence platform and scale its cuffless monitoring technology.
OroraTech, €37M in Series B
Location: Munich, Germany
Founded in: 2018
Total funding received: €60.4M
Recent funding resources: Rabo Ventures, Korys, Findus Venture, European Circular Bioeconomy Fund, Edaphon, ConActivity KG, BNP Paribas Solar Impulse Venture fund, Bayern Kapital, Ananda Impact Ventures
German startup OroraTech, an intelligence-as-a-service company using thermal data for wildfire detection and monitoring, has raised €37 million in a Series B round. The funding will support the construction of its satellite constellation for wildfire detection.
Flip, €24.5M in Series A
Location: Stuttgart, Germany
Founded in: 2018
Total funding received: €54.3M
Recent funding resources: Roland Berger, Notion Capital, LEA Partners, HV Capital
Stuttgart-based Flip, an employee app connecting frontline and desktop workers to streamline top-down communication, has secured €24.5 million in a Series A round to enhance its AI-powered platform, accelerate product development, and expand globally.
trawa, €24M in Series A
Location: Berlin, Germany
Founded in: 2022
Total funding received: €36.4M
Recent funding resources: Tiny VC, Speedinvest, Norrsken VC, Magnetic Capital, Headline, Balderton Capital, AENU
Berlin-based cleantech startup trawa provides electricity procurement, management, and flexibilization services for small and medium-sized enterprises. In May, the company raised €24 million in a Series A round to expand its B2B energy management solutions and accelerate growth.
bezahl.de, €23M in Series C
Location: Cologne, Germany
Founded in: 2018
Total funding received: €61M
Recent funding resources: Seaya, PayPal Ventures, BlackFin Capital Partners
Cologne-based fintech startup bezahl.de, offering digital and automated payment management solutions, has secured €23 million in a Series C funding round to accelerate European expansion, enter new markets, and strengthen partnerships with automotive companies.
SeqOne Genomics, €20M
Location: Montpellier, France
Founded in: 2017
Total funding received: €43M
Recent funding resources: Supernova Invest, Omnes Capital, Mérieux Equity Partners, Elaia
French biotech startup SeqOne Genomics, specializing in next-generation genomic analysis for healthcare, secured €20 million in May to expand globally, enhance its AI platform, and pursue strategic acquisitions.
Origin, €18.4M in Series A
Location: Kent, the UK
Founded in: 2024
Total funding received: €18.4M
Recent funding resources: Tudor Havriliuc, Paul Daugherty, Notion Capital, Laura Modiano, Jacqui Canney, Felix Capital, Acadian Ventures
UK-based Origin, the first AI platform transforming global benefits, has raised €18.4 million in Series A to expand in the US and Europe and enhance its AI-powered benefits platform, Cuido.
Breathe Battery Technologies, €18.4M in Series B
Location: London, the UK
Founded in: 2019
Total funding received: €28.9M
Recent funding resources: Volvo Cars Tech Fund, Lowercarbon Capital, Kinnevik
London-based startup Breathe Battery Technologies, which develops battery charging control software for EV manufacturers, has raised €18.4 million in Series B funding to expand its product portfolio and laboratory facilities.
StackOne, €17.5M in Series A
Location: London, the UK
Founded in: 2023
Total funding received: €20.7M
Recent funding resources: XTX Ventures, Workday Ventures, Playfair Capital, Google Ventures, Episode 1
London-based StackOne, an integration platform that connects SaaS products via APIs, has secured €17.5 million in Series A funding to develop its tool-calling LLM and expand its integration capabilities.
Orasio, €16M in a seed round
Location: Paris, France
Founded in: 2025
Total funding received: €16M
Recent funding resources: Global Founders Capital, Expeditions Fund
Paris-based startup Orasio, an AI platform that detects critical events in video streams for internal security forces, has secured €16 million in seed funding to grow its engineering team and deploy its GDPR-compliant video intelligence technology across Europe.
Filed, €15.1M in a seed round
Location: London, the UK
Founded in: 2017
Total funding received: €15.1M
Recent funding resources: Raine Ventures, Northzone, Neo, J Ventures, Greens Ventures, Day One Ventures
London-based Filed, a digital marketing and social media services provider, has secured €15.1 million in a seed funding round to drive growth and further develop its AI-driven tax solutions.
remberg, €15M in Series A
Location: Munich, Germany
Founded in: 2018
Total funding received: €28M
Recent funding resources: Acton Capital, Oxx, Earlybird Venture Capital, Speedinvest, Fly Ventures
German remberg, an AI-driven maintenance software provider for industrial firms, has raised €15 million in a Series A round to accelerate AI-driven product development, expand its sales and market presence across key European regions.
Shakers, €14M in Series A
Location: Madrid, Spain
Founded in: 2021
Total funding received: €21.8M
Recent funding resources: Wayra, Partech, K Fund, Brighteye Ventures, Athos Capital
Spanish HRtech startup Shakers helps businesses collaborate with freelancers and AI agents. In May, the firm secured €14 million in Series A funding to enhance developer assessments and scale its AI-driven platform.
Luzia, €11.8M
Location: Madrid, Spain
Founded in: 2023
Total funding received: €39.6M
Recent funding resources: Prosus Ventures, monashees, Khosla Ventures
Spanish startup Luzia, developer of an AI-powered personal assistant for everyday tasks, has raised €11.8 million to support its expansion in Latin America and open a new headquarters in Brazil.
Stotles, €11.8M in Series A
Location: London, the UK
Founded in: 2019
Total funding received: €19.8M
Recent funding resources: Seedcamp, Headline, Form Ventures, Acton Capital
London-based Stotles, which develops an all-in-one platform to streamline public sector sales, has raised €11.8 million in a Series A round to enhance its AI-driven insights, grow its customer base, and accelerate product development to simplify government procurement.
Applied Computing, €10.6M in a seed round
Location: London, the UK
Founded in: 2024
Total funding received: €20.8M
Recent funding resources: Tiny VC, Stride.VC, Repeat Ventures, Material Ventures, firedrop
London-based Applied Computing, which offers AI software for the oil, gas, and petrochemical industries, has raised €10.6 million in seed funding to expand its operations and accelerate development of its AI platform, Orbital.
Ravio, €10.5M in Series A
Location: London, the UK
Founded in: 2022
Total funding received: €19.3M
Recent funding resources: Spark Capital, Cherry Ventures, Blackbird Ventures
London-based real-time compensation benchmarking platform Ravio has raised €10.5 million in a Series A round, bringing its total funding to €19.3 million. The fresh capital will be used to expand its dataset and develop advanced market insights.
7Learnings, €10M in Series B
Location: Berlin, Germany
Founded in: 2019
Total funding received: €14M
Recent funding resources: High-Tech Gruenderfonds, Acton Capital
Berlin-based startup 7Learnings, which provides AI-powered retail optimization solutions, has raised €10 million in Series B funding to fuel international expansion, particularly in North America, and scale its AI platform and global operations.
FononTech, €8.5M in a seed round
Location: Eindhoven, The Netherlands
Founded in: 2022
Total funding received: €8.5M
Recent funding resources: TNO, SHIFT Invest, Sake Bosch, Innovation Industries, BOM
FononTech, an impulse printing company that produces fine-grained patterns in the micro to millimeter range for electronics, has raised €8.5 million in a seed round to finalize its first product and build customer traction for its Impulse Printing technology.
MX3D, €7M in Series A
Location: Amsterdam, The Netherlands
Founded in: 2014
Total funding received: €10.8M
Recent funding resources: PDENH, ING Sustainable Investments, EDF Pulse Ventures
Dutch startup MX3D, which develops and licenses large-scale robotic 3D metal printing technology, has secured €7 million in Series A funding to scale its technology and expand internationally.
Freshflow, €6.5M in a seed round
Location: Berlin, Germany
Founded in: 2021
Total funding received: €8.2M
Recent funding resources: World Fund, Venture Stars, Catatumbo Capital, Capnamic, Caesar Ventures
Berlin-based Freshflow, which utilizes AI to optimize the fresh food supply chain for grocery retailers, has secured €6.5 million to introduce new distribution center ordering features, expand its workforce, and further expand its presence in Europe.
Jupus, €6.5M in a seed round
Location: Cologne, Germany
Founded in: 2022
Total funding received: €8.4M
Recent funding resources: Stefan C. Schicker, Philipp Hammerich, Micha Grueber, Kilian Kaminski, High-Tech Gruenderfonds, Acton Capital
Cologne-based legaltech startup Jupus has secured €6.5 million in a seed funding round. The funding will support the continued development of its AI software and the expansion of its market presence.
sensmore, €6.4M
Location: Berlin, Germany
Founded in: 2022
Total funding received: €6.4M
Recent funding resources: Tiny VC, Thilo Konzok, Robin Dechant, Prototype Capital, Point Nine, Michael Wax, Investitionsbank des Landes Brandenburg, Entrepreneurs First, Arnoud Balhuizen, Andreas Klinger
German startup Sensmore develops embodied physical AI and Visual-LiDAR SLAM (VLAM) systems. In May, the company raised €6.4 million to scale its operations and accelerate product development.
Valarian Technologies, €6.1M in a seed round
Location: London, the UK
Founded in: 2020
Total funding received: €17.4M
Recent funding resources: Scout Ventures, Molten Ventures, MD ONE Ventures, IQ Capital, Artis Ventures
London-based Valarian Technologies, which provides data sovereignty infrastructure for enterprises and government institutions, has raised €6.1 million in seed funding to strengthen its government partnerships and build out new deployment channels.
Hormona, €5.8M in a seed round
Location: London, the UK
Founded in: 2020
Total funding received: €7.7M
Recent funding resources: Voima Ventures, Supernode Global VC, DLF Ventures, Nascent Invest, Techstars
London-based women’s health startup Hormona, which offers personalized tools for diagnosing and managing hormonal imbalances, has raised €5.8 million in a seed round to expand its team and advance scientific research.
Koppla, €6M in a seed round
Location: Potsdam, Germany
Founded in: 2020
Total funding received: €7.6M
Recent funding resources: Thorsten Krauß, Newion, Martin Rodeck, Ingo Holz, HPI Ventures, Earlybird Venture Capital, coparion, Brandenburg Kapital
Potsdam-based startup Koppla, which offers a real-time collaborative scheduling platform for construction management, has raised €6 million in seed funding to enhance its product and expand its team across engineering, product, sales, and customer success.
Scalera, €5.7M in a seed round
Location: Zurich, Switzerland
Founded in: 2023
Total funding received: €5.7M
Recent funding resources: Firstminute Capital, Speedinvest
Zurich-based construction tech startup Scalera, which uses AI to streamline construction tenders, has raised €5.7 million in seed funding to expand in Germany and Austria, boost its AI capabilities, and further develop its platform.
Skillvue, €5.5M in a seed round
Location: Milan, Italy
Founded in: 2021
Total funding received: €8.4M
Recent funding resources: Orbita Verticale, Italian Founders Fund, 360 Capital, 14Peaks Capital
Milan-based HR tech startup Skillvue has raised €5.5 million in seed funding to strengthen its platform, grow its team, and expand internationally.
Kyron.bio, €5.5M in a seed round
Location: Paris, France
Founded in: 2022
Total funding received: €8M
Recent funding resources: Verve Ventures, Saras Capital, HCVC, Entrepreneurs First
Paris-based biotech startup Kyron.bio, which is developing an advanced glycan-engineering bioproduction platform, has raised €5.5 million to grow its R&D team, advance the platform, and initiate preclinical studies.
MarvelX, €5.2M in a pre-seed round
Location: Amsterdam, the Netherlands
Founded in: 2025
Total funding received: €5.2M
Recent funding resources: EQT Ventures, Plug and Play, Jobi George, Mehdi Ghissassi, Keith Grose, Humphrey Valenbreder, Gert Lanckriet
Amsterdam-based MarvelX, which leverages agentic AI to automate workflows in regulated industries, has raised €5.2 million in pre-seed funding to grow its team, advance development of its ClaimOS product, and scale its AI platform in the insurance sector.
Q5D Technology, €5.2M in Series A
Location: Portishead, the UK
Founded in: 2018
Total funding received: €14.5M
Recent funding resources: UntroD Capital, Maven Capital Partners, Lockheed Martin, Chrysalix Venture Capital
UK-based startup Q5D Technology, which develops robotic tools, software, and services for automating wiring harness production, has raised €5.2 million in a Series A round to support its development plans.
RetailBook, €5.3M in Series A
Location: London, the UK
Founded in: 2021
Total funding received: €5.3M
Recent funding resources: Augmentum Fintech
London-based RetailBook, which enables retail investors to access primary capital markets, has raised €5.3 million in a Series A round to expand retail participation in investment opportunities.
Tilt Energy, €5M in a seed round
Location: Paris, France
Founded in: 2023
Total funding received: €5M
Recent funding resources: Founders Future, Daphni, AFI Ventures
Paris-based energytech startup Tilt Energy, which facilitates renewable integration by balancing electricity supply and demand, has raised €5 million in a seed round to scale its AI-powered flexibility management platform and grow its team.
Riverse, €5M in seed round
Location: Paris, France
Founded in: 2022
Total funding received: €6.5M
Recent funding resources: Alven and Racine², SpeedInvest, Kfund
Paris-based greentech startup Riverse, which builds a carbon crediting platform, has raised €5 million in seed funding to speed up certification processes and grow its network of strategic partners.
VOYA Games, €4.4M in a seed round
Location: Berlin, Germany
Founded in: 2023
Total funding received: €4.4M
Recent funding resources: RockawayX, Makers Fund, Jeffrey Zirlin, 1kx
Berlin-based game development studio VOYA Games has raised €4.4 million in a seed funding round to launch its debut title, Craft World, and expand its Web3 gaming ecosystem, supporting broader growth initiatives in the gaming sector.
Alice tech, €4.2M in a seed round
Location: Copenhagen, Denmark
Founded in: 2024
Total funding received: €4.6M
Recent funding resources: Y Combinator, PSV, Cherry Ventures
Danish startup Alice Tech, which develops an AI-powered study platform that personalizes learning, has raised €4.2 million in a seed round to expand operations, grow its market presence, and advance product development.
Gardin, €3.9M in a seed round
Location: London, the UK
Founded in: 2020
Total funding received: €14.4M
Recent funding resources: Alchimia Investments, LDV Capital, MMC Ventures, Navus Ventures, Oxford Innovation Finance, Seedcamp
Gardin develops optical phenotyping technology and analytics to optimize food production. In May, the company secured €3.9 million in a seed round to enhance its platform and grow its commercial team.
Verisian, €3.7M in a seed round
Location: London, the UK
Founded in: 2023
Total funding received: €4.9M
Recent funding resources: SuperSeed Ventures, Seedcamp, Dimension Capital
Verisian has raised €3.7 million in a seed round to expand its engineering team, develop the first version of its “builder” platform for programming clinical studies ready for submission, and grow initial design partnerships with tier-1 pharmaceutical companies.
Ankar AI, €3.5M in a seed round
Location: London, the UK
Founded in: 2024
Total funding received: €3.5M
Recent funding resources: Index Ventures, Daphni, Motier Ventures, Booom, Puzzle Ventures, Olivier Pomel, Julien Chaumond
London-based startup Ankar, which uses AI to streamline and speed up the IP process, has secured €3 million in seed funding. The company will use the funds to enhance its AI platform, accelerate product development, and expand its team.
Ontik, €3.2M in a seed round
Location: London, the UK
Founded in: 2022
Total funding received: €3.2M
Recent funding resources: Tiny VC, Seed X Liechtenstein AG, PT1, FJ Labs, Illusian Founder Office, Firstminute Capital
UK-based Ontik, a modern payment platform helping merchants grow their trade customer base, raised €3.2 million in a seed round to expand operations and business reach. The company facilitates B2B transactions with flexible payment terms and improved cash flow management.
Penzilla, €3.2M in a seed round
Location: Munich, Germany
Founded in: 2021
Total funding received: €5.7M
Recent funding resources: WENVEST Capital, Robin Capital, Motive Partners, Diana zur Löwen, Delin Ventures, Acadian Ventures
Munich-based fintech startup Penzilla, which helps users maximize benefits from corporate pension options, has secured €3.2 million in a seed round to further develop its SaaS platform for company pension schemes.
Materials Market, €2.3M
Location: London, the UK
Founded in: 2020
Total funding received: €4.9M
Recent funding resources: Fuel Ventures, Active Partners
London-based Materials Market, an online platform connecting customers and suppliers in the building materials industry, has secured €2.3 million to enhance its technology, expand operations, and scale its marketplace.
SenseUp Biotechnology, €2.4M in a seed round
Location: Jülich, Germany
Founded in: 2015
Total funding received: €5.9M
Recent funding resources: Rockstart, HBG Ventures, CHECK24 Impact GmbH, Capnamic
German biotech company SenseUp Biotechnology, which develops microbial production strains, has raised €2.4 million in a seed round to advance its biopesticide product portfolio, expand its team, and strengthen partnerships with industry players to accelerate growth and innovation.
Alba Health, €2.2M in a seed round
Location: Stockholm, Sweden
Founded in: 2022
Total funding received: €4.6M
Recent funding resources: Voima Ventures, Unconventional Ventures, Petteri Lahtela, Noaber, Bust, Exceptional Ventures
Swedish healthcare startup Alba Health, offering AI-based digital gut health support for children through microbiome testing, has raised €2.2 million in a seed round to expand commercial operations, enhance digital features, and explore clinical applications.
ReportAId, €2.2M in a pre-seed round
Location: Milan, Italy
Founded in: 2023
Total funding received: €2.2M
Recent funding resources: Vesper Holding, Vento, Italian Founders Fund, HEARTFELT, B Heroes, Exceptional Ventures, Enrico Giacomelli, Francesco Zaccariello
Milan-based AI company ReportAId, which transforms medical reports into actionable health data for patients, doctors, and hospitals, has raised €2.2 million in a pre-seed round to expand its platform across Italy and Europe and grow its team.
Zendo Energy, €2.1M in a pre-seed round
Location: London, the UK
Founded in: 2024
Total funding received: €2.1M
Recent funding resources: PactVC, Octopus Ventures, Fly Ventures
London-based startup Zendo Energy, which develops software to reduce data center emissions and increase renewable energy use, has raised €2.1 million in a pre-seed round to advance its decarbonization platform.
CryoCloud, €2M in a seed round
Location: Utrecht, The Netherlands
Founded in: 2021
Total funding received: €2.8M
Recent funding resources: Value Creation Capital, Utrecht Health Seed Fund, ROM Utrecht Region, Nina Capital
Dutch biotech startup CryCloud, which provides cloud-based cryo-EM image analysis solutions for protein structure determination, has raised €2 million in a seed round to enhance its cryo-EM SaaS platform for drug discovery.
Alta Ares, €2M in a pre-seed round
Location: Romainville, France
Founded in: 2024
Total funding received: €2M
Recent funding resources: Starburst Accelerator, Kima Ventures, Expansion Ventures, Durandal Capital, Bpifrance, Better Angle, APOK Invest, Apeiron Venture Capital
Romainville-based defense tech startup Alta Ares, developing AI-powered computer vision for drones, has raised €2 million in pre-seed funding to accelerate product development, grow its engineering team, and expand operations across Europe.
Axe, €1.5M in a pre-seed round
Location: London, the UK
Founded in: 2023
Total funding received: €M
Recent funding resources: Accel, Pitchdrive, Enterprise Ireland, Colm Lyon
UK-based Axe, a software firm developing procurement solutions for businesses, secured €1.5 million in a pre-seed round in May. The funding will support product development, team growth, and expansion into the US market.
PlaySafe ID, €1M in a pre-seed round
Location: London, the UK
Founded in: 2024
Total funding received: €1M
Recent funding resources: Early Game Ventures, Hartmann Capital, Overwolf
UK-based startup PlaySafe ID, which issues verified digital identities to prevent cheaters, bots, and online predators from ruining games, has raised €1 million in a pre-seed round to accelerate growth and enable key integrations with gaming platforms.
Iqana, €550k in a pre-seed round
Location: Barcelona, Spain
Founded in: 2022
Total funding received: €M
Recent funding resources: Heartfelt Capital
Spanish fintech startup Iqana, focused on investment management, has raised €550,000 in a pre-seed round to scale its product, expand its team, and advance regulatory approval.
