In the previous update, we highlighted successful funding rounds for startups in Central and Eastern Europe. Now, turning our attention to the broader European scene, November saw a surge in funding closures across various sectors, including biotech, insurtech, and fintech. Explore the top 50 European startup funding rounds in November!
Aleph Alpha
Location: Heidelberg, Germany
Launch date: 2019
Funding Round: Series B, €462M
Funding Source: Bosch Ventures, Burda Principal Investments, Cavalry Ventures, Christ & Company, Hewlett Packard Enterprise, Innovation Park Artificial Intelligence, SAP, Schwarz Group
Total funding received: €595M
Aleph Alpha secured a significant milestone, raising €462M in one of Europe's largest AI funding rounds. The majority of the funds, with €110M in equity, comes as a grant. The round, led by seven new investors including Innovation Park Artificial Intelligence, Bosch Ventures, and SAP, aims to support Aleph Alpha in advancing its large language models (LLMs) for enterprise use. The funding will drive research, development, and commercialization efforts in healthcare, finance, law, government, and security, enabling Aleph Alpha to compete globally.
Urbanic
Location: London, UK
Launch date: 2018
Funding Round: Series C, €138.8M
Funding Source: D1 Capital Partners, JAM Fund, Mirabaud Asset Management, Angel Investors
Total funding received: €138.8M
London-based startup secured €138.8M in Series C. Urbanic plans to use the funds to expedite its growth and extend technology-driven, socially responsible fashion designs to a broader global audience. The brand utilizes AI and machine learning through its proprietary LLM to systematically generate fashion, creativity, and content, enhancing supply chain efficiency in the industry.
Northvolt
Location: Stockholm, Sweden
Launch date: 2016
Funding Round: Convertible Note, €138.8M
Funding Source: Caisse de Depot et Placement du Quebec
Total funding received: €1.1B
Northvolt, the Swedish lithium-ion battery producer, has secured €1.1B to support its ongoing expansion across Europe and North America. This funding is an extension of the previously secured convertible note signed in 2022. As part of its commissioning process, Northvolt Dwa has completed the assembly of its initial energy storage system products in Gdańsk, Poland.
Fnality International
Location: London, UK
Launch date: 2019
Funding Round: Series B, €90.5M
Funding Source: Banco Santander, Barclays, BNP Paribas, BNY Mellon, CIBC, Commerzbank, DTCC, Euroclear, Goldman Sachs, ING Group, Lloyds Banking Group, Nasdaq Ventures, Nomura, State Street Corporation, Sumitomo Mitsui Banking Corporation, UBS, WisdomTree
Total funding received: €148.8M
Fnality International, a fintech specializing in the security and institutional integrity of central bank money, has successfully secured €90.5M in Series B. Fnality International creates a digital cash system that employs blockchain technology for settling financial transactions. Additionally, Fnality provides banks with a platform to handle digital payments and contributes to the increasing use of tokenized assets and marketplaces across the industry.
NMD Pharma
Location: Risskov, Denmark
Launch date: Undisclosed
Funding Round: Series B, €75M
Funding Source: Inkef, Jeito Capital, Lundbeckfonden Emerge, Novo Holdings, Roche Venture Fund
Total funding received: €151M
Clinical-stage biotech NMD Pharma has raised €75 million in a Series B led by Jeito Capital and backed by existing investors including Novo Holdings and the Roche Venture Fund. NMD Pharma is developing small molecule inhibitors that potentially restore muscle function in rare neuromuscular diseases. The funds will support three Phase 2 studies of the lead inhibitor, in conditions like myasthenia gravis and spinal muscular atrophy.
Nouscom
Location: Basel, Switzerland
Launch date: 2015
Funding Round: Series C, €67.5M
Funding Source: 5AM Ventures, Andera Partners, Bpifrance, EQT life science, Indaco Venture Partners, M Ventures, Panakes Partners, Revelation Partners, Versant Ventures, XGEN Venture
Total funding received: €121M
Biotech company Nouscom has secured €67.5M in a Series C co-led by Andera Partners, Bpifrance, and M Ventures. Other participants include Revelation Partners, Indaco Venture Partners, Panakès Partners, X-Gen Ventures, 5AM Ventures, EQT Life Sciences, Versant Ventures, and undisclosed investors. The funds will be used to advance clinical plans, particularly the second phase of clinical trial for the off-the-shelf vaccine for treating metastatic colorectal cancer.
Refurbed
Location: Vienna, Austria
Launch date: 2017
Funding Round: Series C, €54M
Funding Source: All Iron Ventures, C4 Ventures, Evli Growth Partners, Speedinvest
Total funding received: €121M
Vienna-based startup Refurbed has secured €54M in a Series C for its marketplace of refurbished electronics. The company is addressing the environmental impact of the electronics industry, focusing on putting usable tech back into circulation. Operating across several European countries, Refurbed achieved €1 billion in merchandise sales in June and achieved profitability in Austria and Germany ahead of schedule in 2022.
EODev
Location: Vienna, Austria
Launch date: 2017
Funding Round: Series A, €46M
Funding Source: CapHorn Invest, CMA CGM Pulse, Supernova Invest, Tilt Capital Partners
Total funding received: €121M
EODev is working to speed up the shift to cleaner energy by offering eco-friendly, reliable, and cost-effective solutions for industries. The company is developing innovative solutions, such as a hydrogen vessel that is self-sufficient in clean energy. EODev secured €46M and is backed by CapHorn Invest, CMA CGM Pulse, Supernova Invest and Tilt Capital Partners.
Upway
Location: Gennevilliers, France
Launch date: 2019
Funding Round: Series B, €27.6M
Funding Source: Exor Ventures, Korelya Capital, Sequoia Capital, Transition
Total funding received: €56M
Upway, a French e-bike marketplace, has secured €27.6 million in a Series B investment led by Korelya Capital, bringing its total funding to €55.2 million. This follows a successful €23 million Series A round in 2022 with lead investors Sequoia Capital and Exor Ventures. The latest funds will be used to enhance consumer offerings and support Upway's expansion in Europe and the U.S.
Advanced Electric Machines
Location: Blaydon, UK
Launch date: 2016
Funding Round: Series B, €26.8M
Funding Source: Barclays, Legal & General Capital, Low Carbon Innovation Fund, Northstar Ventures, Par Equity, Turquoise International
Total funding received: €28.7M
UK startup Advanced Electric Machines has raised €26.8M in a Series A led by Legal & General Capital and Barclays Sustainable Impact Capital. AEM produces electric vehicle motors without rare earths or copper, making them fully recyclable. The funds will be used to scale up production, allowing AEM to create EV motors without copper for both passenger cars and commercial vehicles, potentially increasing an EV's range by at least 10%.
Noice
Location: Helsinki, Finland
Launch date: 2020
Funding Round: Series A, €19.6M
Funding Source: BITKRAFT Ventures, F4 Fund, Ilkka Paananen, Sedona Holdings, Team Builder Ventures, Angel Investors
Total funding received: €28M
Helsinki-based startup Noice has secured €19.6M in a Series A round for its innovative live-streaming platform designed for gamers. With support from key figures in companies like Unity, Supercell, and Wolt, Noice transforms traditional livestreaming by allowing gamers to actively participate in multiplayer gaming sessions while watching streams. The funding will enhance the platform's capabilities, fostering collaboration between creators and their audience.
RED Horticulture
Location: Lyon, France
Launch date: 2018
Funding Round: Series A, €17M
Funding Source: Demeter, European Circular Bioeconomy Fund, Unigrains
Total funding received: €17M
RED Horticulture has successfully closed a €17M Series A round. Operating in the Netherlands and France, the company specialises in dynamic spectrum LED lights controlled through its AI-powered platform, MyRED, for high-tech greenhouse operations. This approach optimises plant growth, leading to higher yields and improved crop quality while saving energy.
Vaultspeed
Location: Leuven, Belgium
Launch date: 2017
Funding Round: Series A, €15.1M
Funding Source: Octopus Ventures, BNP Paribas Fortis, Fortino Capital, PMV
Total funding received: €18.7M
Automated data transformation company VaultSpeed has secured €15.1 million in Series A funding led by Octopus Ventures. Additional backing comes from existing investors Fortino Capital, PMV, and BNP Paribas Fortis Private Equity. VaultSpeed plans to use the funds to expand internationally, focusing on the UK and US markets, and enhance platform automation capabilities. The move addresses the growing need for efficient data transformation and the shift to the cloud for faster analytics.
Accelex
Location: London, UK
Launch date: 2018
Funding Round: Series A, €14M
Funding Source: FactSet, AlbionVC, Expon Capital, Illuminate Financial, SixThirty
Total funding received: €22M
Accelex, an AI automation startup, has closed a €14M Series A round led by FactSet, a global financial platform.The funding will fuel Accelex's growth, allowing expanded operations. Accelex's technology streamlines workflows from document acquisition to analytics, offering transparency and insights for investors in the alternative assets industry.
Crezco
Location: London, UK
Launch date: 2020
Funding Round: Series A, €11.9M
Funding Source: MMC Ventures, 13Books Capital
Total funding received: €20.5M
London-based fintech Crezco has secured €11.9M in Series A round led by MMC Ventures and 13Books Capital. The company provides payment solutions based for easy, secure B2B invoice payments. Crezco's partnership with Xero allows small businesses to manage, approve, and pay bills securely within Xero's platform. The funds will support the expansion of operations and business reach.
Frenetic
Location: Madrid, Spain
Launch date: 2015
Funding Round: Series A, €11.2M
Funding Source: Kibo Ventures, 42CAP, Bankinter, Big Sur Ventures, Bonsai Partners, Join Capital
Total funding received: €15.7M
Custom magnetics technology pioneer, Frenetic, has secured €11.2M in a Series A round led by Kibo Ventures, with participation from existing investors. The funding will fuel the company's expansion into the US. Frenetic, having raised €15.7M million to date, revolutionises magnetic design, achieving three times the accuracy and reducing the design time to just one week for essential power supply components.
Defacto
Location: Paris, France
Launch date: 2021
Funding Round: Series A, €10M
Funding Source: Citi Ventures, Global Founders Capital, Headline, Motier Ventures, Northzone
Total funding received: €198M
Paris-based software company Defacto has raised €15 million in a Series A round led by Northzone, with participation from existing shareholders Headline and GFC. The funds will support international expansion into Spain, the Netherlands, Belgium, and Germany. Defacto specialises in an embedded lending API, offering small businesses instant, flexible financing through a B2B2B approach. The company collaborates with 15 B2B marketplaces, fintechs, and e-commerce platforms.
BHOUT
Location: Lisboa, Europe
Launch date: 2019
Funding Round: Seed, €10M
Funding Source: Explorer Investments, Lince Capital
Total funding received: €10M
Portuguese startup Bhout has raised €10M in seed funding round for its AI-powered gamified boxing bag and scalable studio concept. The round was led by Lince Capital and Explorer Investments. Bhout aims to expand its innovative fitness model, already recognized with the 2023 Startup Spotlight award. The company plans to grow its studio footprint to the U.S., Spain, Brazil, UAE, and Saudi Arabia, with a waiting list of consumers eager to purchase its smart boxing bag.
SeeChange
Location: Manchester, UK
Launch date: 2018
Funding Round: Seed, €9.3M
Funding Source: Crane Venture Partners, Material Ventures, Portfolio Ventures, Runa Capital, Triple Point Ventures, True Ventures
Total funding received: €13.4M
SeeChange, has secured €9.3M in a seed extension funding round. Led by Crane Venture Partners and Triple Point Ventures, with participation from new investors including Runa Capital, True, Portfolio Ventures, and Material Ventures, the funds will be used to expand customer commercial deployments and strengthen the commercial and support teams. SeeChange Technologies, focuses on retail-focused computer vision and AI technology. Its Visual AI platform provides intelligent systems for stores, faster checkouts, preemptive stockout management, and theft reduction.
Relay
Location: London, UK
Launch date: 2022
Funding Round: Seed, €9.2M
Funding Source: Project A Ventures, Prologis Ventures
Total funding received: €9.2M
Relay specialises in end-to-end parcel delivery for e-commerce. The company has raised €9.2M in a seed round led by Project A Ventures and Prologis Ventures. Relay's routing platform optimises courier routes, striking similarity to Uber's model, potentially providing customers with a next-day service. The secured funding aims to expand Relay's presence, particularly in Europe.
Bloom Coaching
Location: London, UK
Launch date: 2022
Funding Round: Seed, €9.3M
Funding Source: MMC Ventures, Octopus Ventures
Total funding received: €9.3M
London-based coaching app Bloom has officially launched in the UK and the US market after securing €9.3M in a seed round. The company has the mission to democratise access to coaching and anticipates onboarding 100,000 users in the UK and US by 2024. Bloom’s mobile-first app is now backed by investors including Octopus Ventures and MMC Ventures.
Raus
Location: Berlin, Germany
Launch date: 2021
Funding Round: Series Undisclosed, €8.5M
Funding Source: 10x Founders, Dupuis Investment, ROCH Ventures, Rockaway Ventures, Speedinvest
Total funding received: €11.5M
German platform, Raus, has secured over €8.5 million in a seed round led by Roch Ventures, with participation from Rockaway Ventures, Dupuis Investment, and existing investors. Raus is a hospitality startup providing unique opportunities to escape the hustle and busy city life to its nature-based cabins. The investment will fuel Raus' brand European expansion. The funding will also support the development of a new cabin model with enhanced features and construction.
Oncovita
Location: Paris, France
Launch date: 2015
Funding Round: Seed, €8M
Funding Source: Bpifrance, France 2030
Total funding received: €8M
Paris-based biotech company Oncovita has secured €8 million (including grant funding). Simultaneously, the company announced a €3.5 million financing round from private investors and business angels. Oncovita focuses on developing therapeutic and prophylactic vaccines against various cancers using its proprietary MeasovirR platform. The secured funding will support the production of a clinical batch of MVdeltaC and the initiation of a phase 1/2a clinical trial in solid tumours in 2025.
Solar Foods
Location: Helsinki, Finland
Launch date: 2017
Funding Round: Series B, €8M
Funding Source: Springvest, Fazer, Happiness Capital, Lifeline Ventures, VTT Ventures
Total funding received: €53.4M
Solar Foods, producer of sustainable food solutions, raised €8M in its Series B round from Finnish retail investors. The funds will be used to expand production and promote Solein, an environmentally friendly, air-grown protein derived from a non-modified organism using CO2 and electricity.
Nu Quantum
Location: Cambridge, UK
Launch date: 2018
Funding Round: Seed, €8.1M
Funding Source: Ahren Innovation Capital, Amadeus Capital Partners, Deeptech Labs, Expeditions Fund, IQ Capital, Martlet Capital, National Security Strategic Investment Fund, Presidio Ventures, Seraphim Space, University of Cambridge
Total funding received: €13.1M
Cambridge's Nu Quantum raised €8.1M in a Pre-Series A round, led by Amadeus Capital Partners, IQ Capital, and Expeditions Fund. The company is developing the critical quantum networking infrastructure required for the scalability of quantum computers. The funds will accelerate product rollout, support recruitment, and enhance partnerships. The company is also backed by Ahren Capital and new investors, including Presidio Ventures and NSSIF.
Risk Ledger
Location: London, UK
Launch date: 2018
Funding Round: Series A, €7.2M
Funding Source: Mercia Ventures, Episode 1, Firstminute Capital, Lifeline Ventures, Seedcamp, Village Global
Total funding received: €11.3M
London-based startup Risk Ledger has raised €7.2M in a successful Series A round, bringing its total funding to €11.3M. Risk Ledger assists organisations in managing cybersecurity risks in their supply chains, boasting over 5,000 clients. The company is supported by investors such as Mercia Ventures, Episode 1, Firstminute Capital, Lifeline Ventures, Seedcamp and Village Global.
HappyPal
Location: Paris, France
Launch date: 2019
Funding Round: Series A, €7M
Funding Source: Educapital, Anthemis Group
Total funding received: €8.9M
Paris-based FinTech, HappyPal, raised €7 million in Series A funding led by Educapital and joined by existing investor Anthemis. The company offers a SaaS and payment solution for the employee benefit market, with a user base exceeding 200,000 employees across 1,000 SMBs and large enterprises, including RATP, Toyota, Doctolib, and Meta.
DoorFeed
Location: Paris, France
Launch date: 2021
Funding Round: Seed, €7M
Funding Source: Motive Ventures, Seedcamp, Stride.VC
Total funding received: €10.5M
DoorFeed, a leading real estate investment company, recently raised €7 million in a seed extension round led by Motive Ventures, with participation from Stride VC and Seedcamp. DoorFeed offers a unique platform for managing large-scale real estate investments. The platform, a comprehensive data solution, helps investment funds assemble and manage portfolios, allowing investors to identify and renovate properties with poor energy performance.
Upciti
Location: Montreuil, France
Launch date: 2027
Funding Round: Series Undisclosed, €6M
Funding Source: Chalfen Ventures, Demeter Partners, Innovacom, Point Nine
Total funding received: €10.7M
French startup Upciti has developed a user-friendly hardware sensor for city centres, serving as the foundation for its data management platform tailored for local governments. The company recently secured €6M in a round led by Point Nine and Chalfen Ventures, with participation from existing investors; Demeter and Innovacom. Except the funding from VCs, the company additionally gained €1M from a loan.
Atlas
Location: Vienna, Austria
Launch date: 2020
Funding Round: Seed, €5.5M
Funding Source: 6th Man Ventures, Andreessen Horowitz, Collab+Currency, Contango Digital Assets, Flamingo DAO, Founders, Gaingels, Geoff Renaud, GFR Fund, Huasheng Capital, LandVault, Monaverse, Neon DAO, New Renaissance Ventures, Shrapnel, Slope Fund, Square Enix, WAGMI Ventures
Total funding received: €5.5M
Vienna-based 3D generative AI platform, Atlas, has secured €5.5M in seed funding. Atlas partners with game developers and brands to accelerate the creation of virtual worlds and experiences. The company plans to use the funds to expand its developer solutions and develop a self-service 3D AI creator platform, with alpha testing for a public platform in the coming months.
Performativ
Location: Copenhagen, Denmark
Launch date: 2020
Funding Round: Seed, €5.5M
Funding Source: Export and Investment Fund, FinTech Collective, iGlobe Partners, Upfin
Total funding received: €6.1M
Performativ is a Copenhagen-based SaaS client reporting software company. Performativ secured €5.5 million in seed round led by FinTech Collective, with participation from UpFin, iGlobe Partners, and the Danish Sovereign Wealth Fund. The company plans to use the funds to revolutionise Europe's outdated wealth management industry. The platform, serving investment advisors and financial institutions, streamlines complex tasks for clients and is already operating in five countries with plans for further expansion.
Floy
Location: Munich, Germany
Launch date: 2021
Funding Round: Seed, €5.4M
Funding Source: 10x Founders, All Iron Ventures, HV Capital, Saarbruecker 21, xdeck
Total funding received: €8.8M
Floy specialises in enhancing radiologists' diagnostics. The company has secured €5.4 million in seed funding, bringing its total funding to €8.8 million. The round was led by HV Capital, with participation from All Iron Ventures and existing investors. Floy plans to use the funds to develop new AI products and expand its presence in the EU and the US.
Filu
Location: Berlin, Germany
Launch date: 2022
Funding Round: Seed, €5.1M
Funding Source: Auxxo, DN Capital, Rivus Capital, YZR Capital, Angel Investors
Total funding received: €8.8M
Munich-based pet care startup Filu has raised €2M in a seed round led by Rivus Capital and joined by Rivus and Auxxo Female Catalyst Fund. Filu plans to open in Munich’s city center and expand to other cities. The startup combines digital processes, video, and in-person consultations to provide personalised and holistic pet care.
Qevlar AI
Location: Paris, France
Launch date: 2023
Funding Round: Seed, €4.5M
Funding Source: Edouard Viot, EQT Ventures, Florian Douetteau, Angel Investors
Total funding received: €4.5M
Qevlar AI has raised €4.5M in seed funding led by EQT Ventures, with participation from tech and AI Angel Investors. Qevlar AI focuses on boosting Security Operation Centers productivity through its generative AI solution, automating cybersecurity investigation and detection processes for enterprise environments. The company will use the funds to expand its team and invest in product development.
HeartBeat.bio
Location: Vienna, Europe
Launch date: 2021
Funding Round: Seed, €4.5M
Funding Source: aws Gründerfonds, i&i Biotech Fund, INVEST AG, Tensor Ventures
Total funding received: €6M
HeartBeat.bio has secured €4.5 million in its recent seed round. The company is backed by i&i Biotech Fund, Invest AG, aws Gründungsfonds II, and Tensor Ventures. HeartBeat.bio focuses on developing an organoid screening platform, Cardioid Drug Discovery Platform, for cardiac drug discovery. The platform utilises human organoids and AI to streamline drug development from target identification to clinical trials.
Octarine Bio
Location: Copenhagen, Denmark
Launch date: 2018
Funding Round: Series A, €4.3M
Funding Source: DSM Venturing, Oskare Capital, The Footprint Firm, Unconventional Ventures
Total funding received: €8.9M
Copenhagen-based synthetic biology platform, Octarine Bio, has raised €4.35M in a recent funding round, led by Unconventional Ventures, along with Óskare Capital, The Footprint Firm, and DSM Venturing. This funding brings Octarine Bio's total raised amount to over €12M and will accelerate the development and scaling of its flagship products, including colour optimization for commercialization.
Stockoss
Location: Paris, France
Launch date: 2018
Funding Round: Seed Round, €4M
Funding Source: 50 Partners, Global Brain Corporation, Hartwood, Kima Ventures, Pi Labs
Total funding received: €6.3M
Paris-based logistics tech startup Stockoss has raised €4 million in seed funding led by Pi Labs, with participation from Global Brain, 50Partners, Hartwood, and Kima Ventures. Stockoss provides real-time stock and flow management, offering digitalized warehousing and logistics services. The funds will be used to improve supply chain management and provide independent logistics service providers access to Stockoss' technology. The company, with 180 customers, manages 55,000 monthly shipments and aims to empower localised warehouse owners to compete with larger rivals.
Pimlico
Location: London, UK
Launch date: 2023
Funding Round: Seed Round, €3.9M
Funding Source: a16z crypto
Total funding received: €5.3M
Pimlico has secured €3.9 million in a seed round led by a16z crypto, aimed at supporting Ethereum's transition to smart accounts. Pimlico serves as an infrastructure platform for constructing the next generation of Ethereum smart accounts. This funding will be used to enhance the usability of web3.
Sweepr
Location: Dublin, England
Launch date: 2017
Funding Round: Series A, €3.7M
Funding Source: Enterprise Ireland, Frontline Ventures, Molten Ventures, TELUS Ventures
Total funding received: €22.9M
Sweepr has secured an additional €3.7M in an extension of its Series A funding, bringing the total round to €3.7M. Sweepr specialises in simplifying personalised customer care for communication service providers and device manufacturers, using data for real-time decision-making. The company, backed by Telus Ventures and Enterprise Ireland, is now planning expansion to North America and Europe.
Langfuse
Location: Berlin, Germany
Launch date: 2022
Funding Round: Seed, €3.7M
Funding Source: La Famiglia, Lightspeed Venture Partners, Y Combinator
Total funding received: €3.7M
Langfuse is developing open-source observability and product analytics for LLM-based applications. The objective is to empower product and engineering teams to leverage the capabilities of Generative AI through a comprehensive and open suite of devtools centred around visibility and insights. The company has secured €3.7M in its seed round and is backed by La Famiglia, Lightspeed Venture Partners and Y Combinator.
Sensoteq
Location: Belfast, UK
Launch date: 2016
Funding Round: Series Undisclosed, €3.6M
Funding Source: Maven Capital Partners, Techstart Ventures
Total funding received: €4.1M
Sensoteq specialises in designing and producing a variety of wireless sensors tailored for the condition monitoring market. These sensors play a crucial role in monitoring essential parameters like temperature and vibration in high-wear components across a diverse range of industrial applications. The company is backed by Maven Capital Partners and Techstart Ventures and secured €3.6M in its recent round.
Flitter
Location: Paris, France
Launch date: 2021
Funding Round: Seed, €3.5M
Funding Source: Frenchfounders, Global Founders Capital, Helvetia Venture Fund, Kima Ventures, Angel Investors
Total funding received: €6M
French insurtech Flitter has secured €3.5M in a round led by Swiss insurer Helvetia, with support from tech and insurance industry figures. After a pre-seed round in January 2022, the startup plans to double its team to 40, enhance tech and operations, and achieve profitability by 2024. Flitter has gained traction by reinventing auto insurance with pay-by-mile policies, attracting over 30,000 customers in the last 18 months.
Flatsy
Location: Paris, France
Launch date: 2015
Funding Round: Series Undisclosed, €3.5M
Funding Source: Banque des Territoires, innovation Capital, NCI
Total funding received: €7.8M
Flatsy is a platform designed for managing real estate viewings. The company offers a specialised tool for scheduling real estate appointments and provides local agents to assist professionals in conducting property visits. The company has secured €3.5M in its recent round and is supported by Banque des Territoires, innovation Capital and NCI.
GREYSCOUT
Location: Dublin, England
Launch date: 2019
Funding Round: Seed, €3.5M
Funding Source: Act Venture Capital, Enterprise Ireland, Furthr VC, Halo Business Angel Network, Tribal.vc
Total funding received: €7.8M
Dublin-based SaaS platform GreyScout, specializing in online brand protection, has raised €3.5M in seed funding, totaling €4.5 million. The round, led by Act VC and Tribal VC, with participation from Furthr VC, Enterprise Ireland, and HBAN, aims to expand product, engineering, and the platform to meet growing demand for automated brand protection.
Phare Health
Location: London, UK
Launch date: 2023
Funding Round: Seed, €2.9M
Funding Source: Bertelsmann Investments, General Catalyst, KHP Ventures
Total funding received: €2.9M
Phare Health has raised €2.9M in a Seed funding round led by General Catalyst, with participation from KHP Ventures and Bertelsmann Investments. The company develops AI tools for hospitals, focusing on financial understanding, cost intelligence, and cash flow management. Its initial product uses AI to extract high-quality data from clinicians' patient notes, improving resource management and reimbursement accuracy for NHS Trusts.
deepeye
Location: Munich, Germany
Launch date: 2021
Funding Round: Seed, €2.9M
Funding Source: Arve Capital, Bayern Kapital, YZR Capital
Total funding received: €2.9M
Deepeye is a decision support algorithm designed for ophthalmologists to deliver personalised treatment to patients with prevalent eye diseases (e.g Age-related Macular Degeneration). The aim is to prevent the causes of over 90% of blindness associated with these conditions. The company has recently gained €2.9M in a seed round in participation with Arve Capital, Bayern Kapital and YZR Capital.
Osium AI
Location: Paris, France
Launch date: 2023
Funding Round: Seed, €2.4M
Funding Source: Atomico, Collaborative Fund, Kima Ventures,Raise Phiture philanthropical fund, Sequoia Scout, Singular, Y Combinator, Angel Investors
Total funding received: €2.4M
Osium AI, a French startup using AI for sustainable materials science R&D, raised €2.4M in seed funding. Investors include Y Combinator, Singular, Kima Ventures, and Collaborative Fund, with contributions from notable business angels.
Last.app
Location: Barcelona, Spain
Launch date: 2019
Funding Round: Seed, €5M
Funding Source: All Iron Ventures, Bynd Venture Capital, Nauta Capital
Total funding received: €7.4M
Last.app is an AI backed restaurant operating system. The company has raised €5 million in a funding round led by Nauta Capital, with participation from existing investors, All Iron and Bynd. Last.app integrates with various software and hardware, offering native modules like PoS, online reservations, delivery, e-commerce, and more than 200 integrations. The funds will support the startup's growth in the restaurant industry.
Due
Location: Paris, France
Launch date: 2022
Funding Round: Seed, €2.4M
Funding Source: BlockTower Capital, Discovery Ventures, Fabric Ventures, Polymorphic Capital, Semantic Ventures, Speedinvest
Total funding received: €2.4M
Due is a financial company aiming to revolutionise international payments through the use of stablecoins and blockchain technology. The company is now backed by BlockTower Capital, Discovery Ventures, Fabric Ventures, Polymorphic Capital, Semantic Ventures and Speedinvest and secured €2.4M in its recent seed round.
Magic ID
Location: London, UK
Launch date: 2023
Funding Round: Pre-seed, €3.5M
Funding Source: Presto Ventures, SFC Capital
Total funding received: €3.5M
London-based Magic ID, a trust-building platform, raised €350K in a pre-seed round led by SFC Capital and Presto Ventures. The funds will support the launch of Magic ID's product suite in the UK and EU markets, team expansion, and ongoing R&D for their decentralised identity infrastructure.
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