In a previous update, we highlighted intriguing startups from Central and Eastern Europe successfully closing rounds. Now, let’s take a closer look at the European scene as well. We have witnessed a surge in successful closure of funding rounds for innovations in industries like biotech, cleantech, foodtech, and more, with hot AI solutions taking centre stage. Let's explore the lineup of the top 50 European startup funding rounds in October!

Aira

Location: Stockholm, Sweden
Launch date: 2022
Funding Round: Series A, €85.7M
Funding Source: Altor, Collaborative Fund, Creades AB, Kinnevik, Lingotto
Total funding received: €85.7M

Swedish energy tech startup, Aira, raised €87 million in its series A. Aira offers heat pumps and energy tech to reduce reliance on gas-based heating. This funding will help the company expand across Europe, and ultimately, serve 5 million households with clean energy solutions. The company has already launched in Italy and Germany and plans to enter the UK market. Aira is backed by Altor, Collaborative Fund, Creades AB, Kinnevik, and Lingotto.

Quantum Systems

Location: Gilching, Germany
Launch date: 2015
Funding Round: Series B, €63.3M
Funding Source: Airbus Ventures, Bayern Kapital, DTCP, HV Capital, Omnes Capital, Project A Ventures, Thiel Capital
Total funding received: €156M

German aerial data intelligence firm Quantum Systems has secured €63.6 million in Series B funding, led by HV Capital and DTCP. This capital will boost drone production and fund a new manufacturing and R&D center in Ukraine. Quantum Systems offers multi-sensor data collection products for government and commercial clients, with a focus on UAVs. The investment comes as UAVs play a pivotal role in military conflicts, like in Ukraine. Quantum Systems will use the funding to support Ukraine with Vector drones and advance AI capabilities and system integrations. They're also expanding their presence in Ukraine for in-country support and strengthening European resilience.

Brite Payments

Location: Stockholm, Sweden
Launch date: 2015
Funding Round: Series A, €56.1 M
Funding Source: Dawn Capital, Headline, Incore Invest
Total funding received: €56.1 M

Stockholm's Brite Payments has secured €56.1 M to expand into new markets. The investment is led by Dawn Capital and supported by Headline and Incore. Brite Payments differentiates itself with its proprietary instant payment network, allowing merchants to swiftly receive and settle funds in their preferred currency. This approach provides cost savings, better customer experiences, reduced fraud risk, and eliminates chargebacks. Brite Payments operates in 25 European markets, connecting with over 3,800 EU banks, and facilitates A2A payments between consumers and online merchants without requiring credit card details.

AstronauTx

Location: Reading, United Kingdom
Launch date: 2019
Funding Round: Series A, €55.1M
Funding Source: Brandon Capital, Bristol Myers Squibb, Dementia Discovery Fund, EQT life science, MPM Capital, Novartis Venture Fund
Total funding received: €63.7M

AstronauTx is on a mission to treat dementias by restoring astrocyte function in the brain. The company secured €55.1M in Series A, led by the Novartis Venture Fund, to advance their small-molecule drug portfolio. AstronauTx recently partnered with Saniona to expand their program offerings and received an Innovate UK grant for preclinical work.

Minervax

Location: Hellerup, Denmark
Launch date: 2010
Funding Round: Series Unknown, €54M
Funding Source: Adjuvant Capital, EQT life science, Industrifonden, LF Investment, Novo Holdings, OrbiMed, Pureos Bioventures, Sanofi Ventures, Sunstone Life Science Ventures, Trill Impact, Wellington Partners
Total funding received: €201.8M

Danish biotech company MinervaX has successfully raised €72 million for its Group B Streptococcus (GBS) vaccine. This financing is secured thanks to Adjuvant Capital, EQT life science, Industrifonden, LF Investment, Novo Holdings, OrbiMed, Pureos Bioventures, Sanofi Ventures, Sunstone Life Science Ventures, Trill Impact and Wellington Partners, bringing total funding amount to €201.8M. The funding will be used to fund late-stage work for its vaccine against group B Streptococcus. MinervaX’s vaccine has the potential to combat life-threatening infections in newborns. With neonatal sepsis as a major concern, this investment contributes to addressing unmet medical needs.

Habyt

Location: Berlin, Germany
Launch date: 2017
Funding Round: Series C, €40M
Funding Source: Deutsche Invest Equity Partners GmbH, Endeavor Catalyst, Exor Ventures, Kinnevik, Korelya Capital, P101, Vorwerk Ventures
Total funding received: €69.8M

Berlin-based coliving and flex living startup Habyt has successfully closed a €40 million Series A. The company manages a portfolio of 30,000 units in 50 cities across Asia and Europe. Habyt plans to further enhance its tech platform and expand its operations in Europe, Asia, and North America. The round was co-led by Korelya Capital and Deutsche Invest and included investors such as Exor Ventures and Endeavor Catalyst, as well as other investors. Habyt specialises in stays of six to nine months, targeting digital nomads, and those seeking flexible housing options. The company differentiates itself by managing all aspects of coliving through its tech platform.

VOLTA

Location: Berlin, Germany
Launch date: 2008
Funding Round: Series Unknown, €40M
Funding Source: Bpifrance, Eiffel Investment Group, Socadif, Tilt Capital Partners
Total funding received: €60M

VOLTA operates as a renewable energy producer. Company handles design, financing, development, construction, and management of solar power facilities in various settings, including greenhouses, outdoor installations, industrial, and commercial structures. VOLTA has successfully raised €40M. The company is backed by Bpifrance, Eiffel Investment Group, Socadif, and Tilt Capital Partners.

Automata

Location: London, UK
Launch date: 2015
Funding Round: Series Unknown, €37.4M
Funding Source: A.P. Moller Holding, aldeA Ventures, Dimension, Hummingbird Ventures, Isomer Capital, Octopus Ventures, Possible Ventures
Total funding received: €93.5M

Automata Technologies is an automation company for life sciences labs that has secured €37.4M to expand its presence in the US, UK, and EMEA. Their platform is designed to streamline automation adoption in labs, catering to those with high-throughput workflows or dynamic protocol changes. The round was led by Dimension, with participation from A.P. Moller Holding and other investors. The funding will support the company's global expansion and team growth. Since their previous funding, Automata has seen a 150% increase in revenue. Company’s clients include NHS Trusts, academic institutions, testing labs, pharma and biotech companies.

Shorla Pharma

Location: Clonmel, Ireland
Launch date: 2018
Funding Round: Series B, €32.7M
Funding Source: Enterprise Ireland, Kurma Partners, Seroba Life Sciences
Total funding received: €40.5M

Shorla Oncology, an Irish and US-based pharmaceutical company specialising in oncology drugs for orphan and paediatric cancers. The startup has successfully raised €32.7M in a Series B. The funding was led by Kurma Partners' Growth Opportunities Fund and involved existing investors Seroba Life Sciences and Enterprise Ireland. The investment will support the growth and commercialization of Shorla's oncology drug portfolio.

Lanes & Planes

Location: Munich, Germany
Launch date: 2017
Funding Round: Series B, €33.2M
Funding Source: All Iron Ventures, Battery Ventures, coparion, DN Capital, Smash Capital
Total funding received: €42.1M

Lanes & Planes, a Munich-based SaaS provider specialising in corporate travel solutions, has secured€33.2M. The startup is backed by Smash Capital and existing investors like All Iron Ventures, Battery Ventures, coparion and DN Capital. Lanes & Planes offers a comprehensive travel management platform, including booking, approvals, and expenses, with seamless integrations into corporate systems. The investment will support the company's growth and expansion efforts in the European corporate travel industry.

Umiami

Location: Paris, France
Launch date: 2020
Funding Round: Series A, €32.5M
Funding Source: Astanor Ventures, Bpifrance, Newfund, Redalpine, VERSO Capital
Total funding received: €89.6M

French foodtech company Umiami has raised an additional €32.5 million in a Series A funding round, bringing the total Series A round to €59 million. The round was led by SPI fund and French Tech Seed, both managed by Bpifrance, and included participation from Astanor Ventures, Redalpine, Newfund, and VERSO Capital. Umiami plans to expand its plant-based meat alternatives into European markets, as well as the United States. The company recently launched a factory in Alsace, France, to develop plant-based meat alternatives.

Upvest

Location: Berlin, Germany
Launch date: 2017
Funding Round: Series Unknown, €32.5M
Funding Source: 10x Group, ABN AMRO Ventures, Bessemer Venture Partners, BlackRock, Earlybird Venture Capital, HV Capital, Notion Capital, Partech
Total funding received: €88.4M

Upvest's investment platform caters to financial institutions seeking to expand their product offerings and companies entering the investment sector. Berlin-based fintech has successfully closed a funding round, raising €32.5M. The company is backed by existing investors such as Bessemer Venture Partners, HV Capital, Earlybird, Notion, ABN Amro Ventures, Partech, and 10x Capital, with new participation from BlackRock. The investment will support Upvest's path towards profitability and its expansion in partnership with fintechs, banks, and wealth managers.

Wirepas

Location: Tampere, Finland
Launch date: 2010
Funding Round: Series D, €20.7M
Funding Source: Amalfi Capital, ETF Partners, Highland Europe, In-Q-Tel, KPN Ventures, Vito Ventures, Angel Investors
Total funding received: €51M

Wirepas specialises in scalable fail-proof IoT networks. The company has secured €20.7 million in a round led by Highland Europe with participation from new investors, Amalfi and IQT, along with existing backers such as ETF Partners, KPN Ventures, Vito Ventures, and Angel Investors. Wirepas’s solution is used in smart tracking, smart building, smart manufacturing, and smart metering applications. The company operates globally with offices in multiple countries and a network of over 160 partners, connecting over 7 million devices

Lottie

Location: London, UK
Launch date: 2021
Funding Round: Series A, €19.6M
Funding Source: Accel, General Catalyst
Total funding received: €30.4M

Lottie, a SaaS platform for finding care homes, has raised around €20 million in a Series A funding round led by Accel, with participation from General Catalyst, bringing the company's total funding to €30 million. The funding will be used to expand Lottie's marketplace coverage in the UK, enhance its software offerings for care homes, and invest in artificial intelligence. Lottie plans to develop a data insight tool to help industry stakeholders make informed decisions and ensure the long-term sustainability of the sector. Founded in 2021, Lottie has experienced significant growth, with over 500,000 monthly users and a new home care category on its marketplace.

Unitary

Location: Cambridge, UK
Launch date: 2019
Funding Round: Series A, €14M
Funding Source: Creandum, Paladin Capital Group, Plural Platform
Total funding received: €23M

London-based Unitary, an AI-powered visual moderation company, has raised $15 million in a Series A round led by Creandum, with participation from Paladin Capital Group and Plural Platform. The investment will support Unitary's research and development programs, team expansion, and partnerships with social platforms and brand safety organizations. The company specializes in video moderation, employing machine learning to analyze content in context, ensuring safe and positive online experiences by interpreting visual, audio, and textual signals.

Kennek

Location: London, UK
Launch date: 2021
Funding Round: Seed, €11.7M
Funding Source: AlbionVC, DFF (Dutch Founders Fund), ff Venture Capital, HV Capital, Plug and Play Ventures, Syndicate One
Total funding received: €16.3M

London-based fintech startup Kennek has secured $12.5 million in seed funding round. Led by HV Capital, the funding round also included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek provides software-as-a-service tools to streamline the operations of non-bank lenders using open banking, open finance, and payments, automating manual tasks and consolidating fragmented data to simplify lending processes. The new capital will be used to grow Kennek's engineering team, strengthen its position in the UK, and explore expansion into other European markets.

The Landbanking Group

Location: Munich, Germany
Launch date: 20
Funding Round: Seed, €10.3M
Funding Source: 4P Capital, BonVenture, Planet A Ventures, The SUN Institute for Environment & Sustainability, Vanagon Ventures, Angel Investors
Total funding received: €10.3M

Munich-based The Landbanking Group has successfully raised €10.5 million in a seed round led by BonVenture, with participation of 4P Capital, Planet A Ventures, The SUN Institute for Environment & Sustainability, Vanagon Ventures and Angel Investors. The company’s platform assesses and assigns a "natural capital account" to different regions using earth observation, digital in-situ data, machine learning, and decentralised ledger technology. These accounts underlie "nature equity assets," which appeal to various industries, including agri-food, energy, and insurance providers. The funding will support expansion into agrifood and other sectors and enhance monitoring of different ecosystems.

Threedium

Location: London, UK
Launch date: 2017
Funding Round: Series A, €10.3M
Funding Source: ConsenSys Mesh, EdenBase, Interpublic Group, Kinisis Ventures, Lyra Ventures, Nirvana Family Office, OLMA Capital Management, Reflexive Capital
Total funding received: €13.6M

Threedium specialises in creating interactive online brand experiences through lightweight and lightning-fast 3D/AR formats that can be seamlessly integrated into eCommerce, digital advertising, and social media platforms. Threedium successfully closed a €10.3M Series A funding round. The funding was led by Interpublic Group (NYSE: IPG) and Olma Partners, with additional support from ConsenSys Mesh, Reflexive Capital, Nirvana Family Office, Lyra Ventures, Edenbase, and Kinisis Venture Fund I. The company will use funds to advance spatial computing and 3D content production on the web.

Heliup

Location: Le Bourget-du-lac, France
Launch date: 2022
Funding Round: Series Unknown, €10M
Funding Source: BNP Venture Capital, Bpifrance, EIT InnoEnergy, France 2030, Groupe IDEC, Starquest Capital
Total funding received: €10M

French start-up Heliup has secured €10 million to convert large roofs of existing buildings into clean energy sources. The round was led by Starquest Capital, with the participation of EIT InnoEnergy, BNP Paribas Développement, and IDEC Group. The investment will help establish a production line in France by 2024, meet demand for solarizing roofs, and reduce greenhouse gas emissions.

Ampacimon

Location: Angleur, Belgium
Launch date: 2010
Funding Round: Series C, €10M
Funding Source: Creos Luxembourg, Gesval, Junction Growth Investors, Korys, Meusinvest
Total funding received: €14M

Ampacimon raised $10.6 million in Series C. The company creates line rating systems that help electricity companies manage their power grids better and address challenges such as aging assets, congestion, and renewable integration. The funds will be used to expand grid optimization solutions and accelerate growth, particularly in the U.S. Ampacimon is backed by Creos Luxembourg, Gesval, Junction Growth Investors, Korys and Meusinvest.

Tilak Healthcare

Location: Paris, France
Launch date: 2016
Funding Round: Series Unknown, €10M
Funding Source: Adelie, CapHorn Invest, Elaia, iBionext, Laboratoires Théa, Matmut, Swen Capital Partners, Angel Investors
Total funding received: €19.5M

Tilak Healthcare has raised €10 million in funding. The funding round brings the total funding for the startup to €19.5 million. Tilak Healthcare has developed a device called OdySight, which is a remote monitoring system for eye conditions like macular degeneration. It uses a mobile gaming interface to monitor vision impairments remotely. OdySight is already being used in the United States and Europe, and it has improved the care of 12,000 patients with retinal diseases. The company is backed by Adelie, CapHorn Invest, Elaia, iBionext, Laboratoires Théa, Matmut, Swen Capital Partners and Angel Investors.

Qobra

Location: Paris, France
Launch date: 2020
Funding Round: Series A, €10M
Funding Source: Breega, Revenue Syndicate, Singular
Total funding received: €15.1M

Qobra, a French startup, has raised €10M in Series A led by Singular, with participation from Revenue Syndicate and existing investor Breega. Qobra helps businesses manage sales compensation, eliminating the need for using Excel spreadsheets for this task. The platform integrates with various CRM, ERP, and data warehouses, including Salesforce, HubSpot, Pipedrive, and more. The funding will be used to expand to the UK and the US.

Inuru

Location: Berlin, Germany
Launch date: 2016
Funding Round: Series A, €9.3M
Funding Source: Adamed Group, Aper Ventures, ARIA Fund
Total funding received: €12.1M

Inuru specializes in low-cost OLED micro lighting and electro lighting labels and films. The company aims to revolutionize lighting by making OLED technology affordable and accessible. Inuru's innovative approach involves using printing technology to manufacture lighting on demand, significantly reducing production costs. The company has raised €10 million in an investment round led by Aper Ventures, ARIA, and Adamed. Inuru's clients include CATTIER, COCA COLA, and DISPLATE. The company is planning to expand into the clothing and medical applications sectors.

move.ai

Location: London, UK
Launch date: 2019
Funding Round: Seed, €9.4M
Funding Source: Animoca Brands, Level2 Ventures, Play Ventures, RKKVC, Warner Music Group
Total funding received: €9.4M

Move AI has secured €9.4M in seed funding round to advance its markerless motion capture technology. Company's technology leverages AI, computer vision, biomechanics, and physics to convert standard 2D video into 3D motion data. The recently released Move One app, currently in invite-only beta, allows iPhone users to capture motion data suitable for animation projects. The company is backed by Animoca Brands, Level2 Ventures, Play Ventures, RKKVC and Warner Music Group.

W•SENSE

Location: Rome, Italy
Launch date: 2017
Funding Round: Series A, €9M
Funding Source: Axon Partners Group, CDP Venture Capital, COREangels Climate, Katapult Ocean, Moonstone, RunwayFBU, Swen Capital Partners
Total funding received: €11.5M

W•SENSE specializes in integrated cableless solutions. The company offers cableless networking interoperability across different vendors of underwater sensors and autonomous vehicles, enabling real-time monitoring and extensive surveillance of underwater environments, waterways, and marine seabeds. Italian based startup raised €9M in its Series A and is backed by Axon Partners Group, CDP Venture Capital, COREangels Climate, Katapult Ocean, Moonstone, RunwayFBU and Swen Capital Partners.

Spotted Zebra

Location: London, England, United Kingdom
Launch date: 2020
Funding Round: Series A, € 8.75M
Funding Source: Act Venture Capital, Entrepreneur First, Nauta Capital, Playfair Capital
Total funding received: € 10.5M

Spotted Zebra is a platform that assists organizations in aligning their workforce with future skill requirements. It offers tools for evaluating and managing employee skills, helping companies to navigate the global skills crisis and avoid skill shortages. By providing a detailed view of workforce capabilities, it enables targeted hiring, development, and workforce planning. Founded in 2020 and based in London, Spotted Zebra has raised €10.5M in funding, with a recent Series A round of € 8.75M from investors like Act Venture Capital and Playfair Capital. The platform underscores the importance of every individual’s unique skills or "superpower" in addressing the skills gap, a challenge deemed critical by the World Economic Forum. Interested parties are encouraged to subscribe to their newsletter for insights into creating a skills-based organization.

viso.ai

Location: Schaffhausen, Schaffhausen, Switzerland
Launch date: 2017
Funding Round: Seed, € 8.7M
Funding Source: Accel
Total funding received: € 8.7M

Viso Suite is designed to make computer vision technology accessible and manageable for businesses, regardless of their technical expertise. It accelerates the creation and deployment of computer vision applications by providing a comprehensive no-code/low-code platform. Here's a breakdown of its key features and benefits: It offers an intuitive visual programming interface, robust deployment tools, and a suite of features for image processing and AI model training. Launched in 2017 and based in Schaffhausen, Switzerland, viso.ai has raised €8.7M in seed funding.

Ai Build

Location: London, England, United Kingdom
Launch date: 2015
Funding Round: Series A, € 7.9M
Funding Source: ACT Venture Partners, Atlas Ventures, IQ Capital, Nikon, Seedcamp, SuperSeed Ventures
Total funding received: € 12.6M

Ai Build, headquartered in London, specializes in AI and robotics for large-scale 3D printing, aiming to promote sustainability and on-demand manufacturing. Their AI-powered platform, AiSync, simplifies the creation of complex multi-axis toolpaths and optimizes the 3D printing process through visual programming and a digital twin that ensures accuracy and collision avoidance. Serving sectors like aerospace, automotive, and construction, Ai Build's software enables rapid, accurate production from recycled materials. With € 12.6M in funding, including a € 7.9M Series A round, Ai Build is recognized for its innovation, evidenced by its selection for the ATI Boeing Accelerator program.

Kranus Health

Location: Munich, Bayern, Germany
Launch date: 2020
Funding Round: Series A, € 7.9M
Funding Source: A Round Capital, High-Tech Grunderfonds, Karista, SwissHealth Ventures, WENVEST Capital
Total funding received: € 15.3M

Kranus Health, a Munich-based startup specializing in digital urology care, offers online therapies for men's health issues. Founded in 2020, the company raised € 7.9M in a Series A round, reaching € 15.3M in total funding. Co-founded by Thilo Kleinschmidt and Jens Nörtershäuser, with backgrounds in healthcare and pharmaceuticals, Kranus Health aims to improve men's health through digital innovations enabled by Germany's Digital Health Care Act. Their services cover conditions like erectile dysfunction and preventive care. Kranus Health has developed a range of digital therapies anchored in contemporary scientific research, backed by telemedical support from specialists. Their services address various conditions, including traditionally taboo topics like erectile dysfunction, and emphasize preventive measures for conditions such as cardiovascular diseases.

Creature Comforts

Location: London, England, United Kingdom
Launch date: n/a
Funding Round: Seed, € 7.9M
Funding Source: Active Partners, Boost Capital Partners, Hanaco Venture Capital, Torch Capital
Total funding received: € 7.9M

Creature Comforts is reinventing the vet care experience by integrating telehealth with visually stunning clinics and digital technology, prioritizing customer experience and veterinary staff well-being. Based in London and launched in 2017, Creature Comforts has raised € 7.9M in seed funding from investors like Torch Capital and Hanaco Venture Capital. This funding will help launch two clinics, develop a proprietary app for 24/7 virtual care, and offer flexible working arrangements for vets. Creature Comforts offers a subscription model covering unlimited consultations, vaccinations, and discounts on routine procedures. Vet staff benefit from profit-sharing, competitive pay, and manageable workloads.

Laka

Location: London, England, United Kingdom
Launch date: 2017
Funding Round: Series Unknown, € 7.6M
Funding Source: 1818 Venture Capital, ABN AMRO Ventures, Autotech Ventures, Creandum, Elkstone Capital Partners, Ponooc, Porsche Ventures, Seedrs, Shift4Good
Total funding received: € 30.9M

Laka, a London-based InsurTech startup, is transforming bicycle insurance with its peer-to-peer platform, emphasizing collective coverage for theft, damage, and loss. It’s redefining insurance as a community-driven product, drawing interest from the e-mobility industry. Laka’s approach offers flexible, fair pricing for e-mobility insurance by letting community members contribute to a collective fund, which serves as the source for claims.With a remote-first workforce and collaboration hubs across Europe, Laka aims to enhance customer experience, deepen API and e-commerce integrations, and leverage AI for risk modeling.

Granular Energy

Location: Paris, Ile-de-France, France
Launch date: 2021
Funding Round: Seed, € 7.5M
Funding Source: All Iron Ventures, BoxGroup, Norrsken VC, Powerhouse Ventures, Revent, Seedcamp, Valo Ventures
Total funding received: € 9.5M

Granular Energy is a start-up pioneering a platform for managing and trading 24/7 clean energy through hourly energy certificates. It aims to ensure all energy consumption is matched with carbon-free sources in real-time. Granular has launched the world's first hourly energy certificate market with partners like NordPool and Elexon and is backed by utilities and major corporations. Their recent pre-seed funding will help them expand across Europe and the US, promoting a transparent, carbon-free electricity system.

Flanks

Location: Barcelona, Catalonia, Spain
Launch date: 2019
Funding Round: Series A, € 7.4M
Funding Source: 4Founders Capital, Earlybird Venture Capital, JME Ventures
Total funding received: € 9.9M

Flanks, a Barcelona-based API provider for wealth management, has raised €7.5M in Series A funding led by Earlybird Venture Capital, with JME Ventures, 4Founders Capital, and angel investors participating. Founded in 2019 by Joaquim de la Cruz, Sergi Lao, and Álvaro Morales, Flanks offers a real-time, aggregated view of investment portfolios through a single API. The startup is poised to benefit from European regulatory changes favoring open finance and data transparency. Its technology is crucial for financial advisors, especially with the anticipated MiFID III regulation. Serving banks, family offices, and asset managers, Flanks enhances client-advisor interactions with automation and intelligent analytics. The new funding will fuel its international growth and product development, after a year of quadrupling its revenue and leading the market in Spain and France. Total funding to date stands at € 9.9M

Lopay

Location: London, England, United Kingdom
Launch date: 2022
Funding Round: Seed, € 6.9M
Funding Source: BACKED VC, Portage Ventures, The Venture Collective
Total funding received: € 6.9M

Lopay is a UK-based payment processing startup offering an app that allows small businesses to take card payments instantly at fees significantly lower than traditional providers like PayPal. Founded by Richard Carter in January 2022, the company has processed almost 10 million payments and onboarded over 20,000 small businesses in just 18 months. Its competitive pricing model has saved merchants over £1 million in card fees. The startup offers an immediate bank transfer feature post-transaction, a significant advantage for businesses needing quick access to cash flow. Lopay's efficient and cost-effective services have positioned it as a valuable ally for small businesses, especially during economic challenges like high inflation and subdued customer demand.

Boksi

Location: Helsinki, Southern Finland, Finland
Launch date: 2018
Funding Round: Series A, € 7M
Funding Source: 3TS Capital Partners, Aikainen, Business Finland, Nexit Ventures, Trind Ventures
Total funding received: € 9.2M

Boksi is reinventing content acquisition for companies, offering a more authentic alternative to stock photos by featuring their products in custom photos and videos, while also promising significant savings compared to traditional shoots or media agencies. The Helsinki-based startup facilitates influencer marketing and content creation, with a platform that supports seamless collaborations between companies and a wide network of content providers. Recognized as one of Finland's top startups, Boksi has raised €7M in a Series A round, with a total of € 9.2M in funding from investors including 3TS Capital Partners and Nexit Ventures. Founded in 2018, Boksi is shaping up to be a key player in the evolving content creation landscape.

Cook-e

Location: Paris, Ile-de-France, France
Launch date: 2019
Funding Round: Series Unknown, € 5M
Funding Source: Breega, High Flyers Capital, Karot Capital, VisVires New Protein
Total funding received: € 6.15M

Cook-e is pioneering a robotic kitchen platform to address labour shortages, reduce the risk of MSDs, and improve margins in the catering industry. By automating repetitive tasks, Cook-e's robot can prepare up to 100 dishes per hour, handling everything from storage to cooking, while complex tasks remain with the chefs. The system integrates with order and delivery software for seamless operation. Founded in Paris in 2019, Cook-e has secured €5M in a funding round, with a total of €6.15M raised, from investors like Breega and High Flyers Capital. Cook-e represents the future of efficient, automated cooking in the catering world.

Pivot

Location: Paris, Ile-de-France, France
Launch date: 2023
Funding Round: Pre-Seed, € 5M
Funding Source: Anamcara Capital, Cocoa Ventures, Emblem, Visionaries Club
Total funding received: € 5M

Pivot is a French startup offering a procurement platform to modernize spend management, particularly for rapidly growing companies. It's led by three co-founders with robust tech backgrounds: Romain Libeau (ex-Swile), Marc-Antoine Lacroix (ex-Qonto), and Estelle Giuly (workflow expert). Pivot seeks to provide a better alternative to traditional systems like Oracle NetSuite or Coupa, focusing on European compliance and payments. After raising €5M in a Pre-Seed round in April, the product development began in the summer and launched in September with Voodoo as its first client. With careful expansion, Pivot aims to serve about 10 customers by year's end.

Auquan

Location: London, England, United Kingdom
Launch date: 2018
Funding Round: Seed, € 3.2M
Funding Source: Episode 1, Neotribe Ventures, Stage 2 Capital
Total funding received: € 4.7M

Auquan is ddressing the overwhelming amount of data in capital markets, where key insights often get lost due to the sheer volume and complexity of information. The company has developed a unique integrated research platform designed for capital markets, which serves as a central repository for a diverse range of data types such as time series, text, emails, documents, news, and research.This platform streamlines the research process, allowing users to efficiently search, analyze, and share data. Headquartered in London, Auquan was launched in 2018 and has since secured €4.7M in funding after a € 3.2M seed funding round, with Episode 1, Neotribe Ventures, and Stage 2 Capital as notable investors.

X-BOLT Orthapaedics

Location: Dublin, Dublin, Ireland
Launch date: n/a
Funding Round: Series Unknown, € 3.2M
Funding Source: Amalfi Capital, Ascentifi, Business Venture Partners, HBAN Medtech Syndicate
Total funding received: € 5.9M

X-BOLT Orthopaedics, headquartered in Dublin, Ireland, is an innovative medical device company founded by Dr. Brian Thornes, an orthopaedic surgeon with a background in device development. The company has revolutionised trauma surgery with its expanding bolt device, designed to simplify procedures and enhance patient outcomes. Suitable for all hip fractures that need fixation, X-Bolt's products streamline hip nailing and plating processes. Their success in the field is supported by a €5.9M funding from investors like Amalfi Capital, Ascentifi, Business Venture Partners, and HBAN Medtech Syndicate, aimed at furthering their development and distribution of orthopaedic devices.

Purpose Green

Location: Berlin, Berlin, Germany
Launch date: n/a
Funding Round: Seed, € 3.3M
Funding Source: Atlantic Labs, Speedinvest
Total funding received: € 3.3M

Purpose Green, a climatetech firm based in Berlin, provides a full-suite solution for transforming properties into sustainable assets. With expertise in property, construction, and digital industries, the company focuses on energy-efficient renovations, securing green subsidies and financing, and delivering ongoing ESG management. Purpose Green ensures properties not only reduce their environmental impact, but also enhance their long-term value. The startup, backed by a €3.3M seed investment from Atlantic Labs and Speedinvest, is contributing to a more sustainable world by addressing property-related emissions and energy usage.

BonusX

Location: Milan, Lombardia, Italy
Launch date: 2020
Funding Round: Seed, € 3.2M
Funding Source: 2100 Ventures, Exceptional Ventures, Exor Ventures, Giant Ventures, Raffaele Terrone
Total funding received: € 3.2M

BonusX, headquartered in Milan, is a digital platform launched in 2020 to streamline the process of claiming public and tax benefits in Italy. It tackles the issue that over 90% of families miss out on available benefits due to complex bureaucracies. Users can discover their eligibility for various services and manage their applications online, from ISEE Certification to tax returns. With more than 350k users and €25M in claimed benefits, BonusX boasts a high Trustpilot rating. The startup has secured €3.2M in seed funding to enhance its mission of simplifying benefit acquisition.

Captur

Location: London, England, United Kingdom
Launch date: 2020
Funding Round: Seed, € 2.5M
Funding Source: Ascension Ventures, Concept Ventures, MMC Ventures, Sure Valley Ventures, Two Culture Capital
Total funding received: € 4.1M

Captur is an AI-driven platform from London that streamlines image data analysis for enterprises. Since its 2020 launch, the company has raised € 4.1M to offer real-time image quality detection and workflow automation without manual intervention. It's particularly transformative for logistics, enhancing operations with smart camera technology for live feedback and compliance automation. Captur enables product and growth teams to integrate image verification into apps effortlessly, fostering scalability and user engagement while minimising fraud. With easy data connection, customizable rules, and instant AI checks, Captur simplifies image-based AI implementation for businesses.

Ctrl Alt

Location: London, England, United Kingdom
Launch date: 2020
Funding Round: Seed, € 2.5M
Funding Source: 365.fintech, Alex Macdonald, Algorand, Enterprise Ireland, Forward Partners, Marc Cohen, Middlegame Ventures, Omid Ashtari, SyndicateRoom
Total funding received: € 3.1M

Ctrl Alt, based in London, democratises alternative asset investing by enabling fractional and tokenized investments. Launched in 2023 with € 3.1M in funding, it facilitates easy access to assets like green energy and property. Founded in 2020 by finance veteran Matt Ong, the platform serves fintechs and investors by simplifying asset fractionalization for capital raising. The experienced team, hailing from firms like Morgan Stanley and Credit Suisse, positions Ctrl Alt at the intersection of traditional finance and fintech innovation.

Nortech AI

Location: Lisbon, Lisboa, Portugal
Launch date: 2021
Funding Round: Seed, € 2.3M
Funding Source: Earlybird Venture Capital, Indico Capital Partners, The Visionary Company & VC
Total funding received: € 2.4M

Nortech, headquartered in Lisbon, Portugal, empowers businesses with complete oversight of their operations through its integrated data management and analysis system. Since its launch in 2021, the startup has secured € 2.4M in funding to streamline the digital transformation process for companies. Nortech Performance Manager offers an easy-to-use platform for connecting, monitoring, and optimizing equipment, facilities, and logistics, backed by user-friendly hardware and a robust software stack designed to minimise installation costs. With affordable pricing and a focus on enabling businesses to harness their sensor data for predictive maintenance and anomaly detection, Nortech positions itself as a scalable solution for businesses at the forefront of digital innovation.

Bota Systems

Location: Zurich, Switzerland
Launch date: 2020
Funding Round: Seed, € 2.3M
Funding Source: Marathon Venture Capital
Total funding received: € 2.4M

Bota Systems, a Swiss tech firm based in Zurich, enhances robotic interaction with the physical world through its advanced force-torque sensors and robotic components. Launched in 2023 and backed by € 2.4M in funding, the company's focus is on providing robots with the ability to feel and manipulate with human-like dexterity. Its compact, precise sensors are designed for both industrial and research applications, aiming to meet the growing demand for automation with quality and affordability. Bota Systems is dedicated to improving robotic 'touch' and movement, ensuring safer and more natural robot operations through their cutting-edge sensor technology and expert engineering.

Responsibly

Location: Copenhagen, Hovedstaden, Denmark
Launch date: 2023
Funding Round: Pre-Seed, € 2.3M
Funding Source: AENU, Global Founders Capital, Hambro Perks Ltd., Pi Labs
Total funding received: € 4.1M

Responsibly, based in Copenhagen, is streamlining sustainable procurement with its AI-powered supplier data platform. Since its 2023 launch, it has raised € 4.1M, including a € 2.3M pre-seed round. The platform consolidates responsible supplier data from various sources, enabling quick access to sustainability profiles, human rights compliance, and decarbonization efforts. Responsibly aims to empower businesses to easily integrate ethical sourcing practices in their supply chains.

SynthFlow AI

Location: Berlin, Berlin, Germany
Launch date: 2023
Funding Round: Pre-Seed, € 1.5M
Funding Source: Atlantic Labs
Total funding received: € 1.5M

Synthflow, based in Berlin, democratizes AI agent creation by offering a no-code platform where anyone can build sophisticated AI agents, without coding expertise. Launched in 2023 with €1.5M from a pre-seed funding round, the platform speeds up the journey from concept to market, allowing users to deploy AI solutions at scale. Its seamless API integration, compatibility with third-party tools, and no-code plugins for platforms like Bubble and Zapier make it an accessible AI powerhouse for innovation without the need for technical know-how or costly machine learning teams.

Genie

Location: Barcelona, Catalonia, Spain
Launch date: 2021
Funding Round: Pre-Seed, € 1.14M
Funding Source: Speedinvest, Antler, Expa, HEARTFELT, Shine Capital
Total funding received: €1.24M

Genie is a Barcelona-based startup providing low/no-code solutions for creating data apps swiftly, streamlining the process for data science and R&D teams to convert their projects into web applications. Launched in 2021 and having raised €1.24M in pre-seed funding, Genie's tools facilitate the development of anything from analytics dashboards to AI-driven prototypes, enabling faster, cost-effective business innovations. Genie's open-source framework, built on Julia, allows users to develop full-fledged web applications, including backends, UIs, and integrations with databases, rapidly advancing the transition from data models to business solutions.

NOLD

Location: London, England, United Kingdom
Launch date: 2021
Funding Round: Seed, € 1M
Funding Source: Tilia Impact Ventures, Angel Ventures, Czech Founders VC, DEPO Ventures, Eleven Ventures, New Vision 3, Sofia Angels Ventures,
Total funding received: €1.1M

NOLD is a London-based startup launched in 2021 that innovates in the pre-loved fashion space by offering a platform where brands and consumers can participate in the second-hand market more efficiently. It secured €1M in seed funding, totaling €1.1M from various European VCs. NOLD's platform facilitates commission-free peer-to-peer transactions, allowing brands to benefit from the resale of their products and providing them with insights into the second-hand market impact.

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