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 from a broad European region that received funds during May.
Cytospire Therapeutics, £61M in a Series A round
Location: Altrincham, the UK
Founded in: 2023
Total funding received: £61M
Recent funding resources: British Business Bank, Modi Ventures, Abingworth, 4BIO Capital, Sound Bioventures
Cytospire Therapeutics, a UK-based immuno-oncology company developing first-in-class pan-gamma delta T cell engager antibodies, has closed a £61 million Series A financing to advance its multispecific cancer immunotherapy pipeline into clinical trials.
eleQtron, €57M in a Series A round
Location: Siegen, Germany
Founded in: 2020
Total funding received: €73.5M
Recent funding resources: Earlybird Venture Capital, NRW.BANK, European Innovation Council Fund, IFB Innovationsstarter, European Union
German quantum computing firm eleQtron has secured a €57 million Series A financing round aimed at accelerating the industrial scaling of its technology, expanding cloud-based access to its quantum computing systems, and further advancing development of its hardware platform.
Eyeo, €40M in a Series A round
Location: Eindhoven, the Netherlands
Founded in: 2023
Total funding received: €55M
Recent funding resources: HTGF (High-Tech Gruenderfonds), Innovation Industries, Invest-NL, imec.xpand, Qbic Fund
eyeo, a Dutch nanophotonic imaging company, has raised €40 million in a Series A funding round led by Innovation Industries to expand its engineering teams, advance next-generation sensor development, and strengthen partnerships with original equipment manufacturers (OEMs).
Pivot, $40M in a Series B round
Location: Paris, France
Founded in: 2023
Total funding received: $66.8M
Recent funding resources: Emblem, Notion Capital, Visionaries Club, Forestay Capital, Cocoa
Paris-based Pivot, which builds an AI-native operating system for enterprise procurement, has secured $40 million in a Series B funding round. The new capital will be used to scale its AI procurement platform, expand into new enterprise markets, and deepen ERP and financial system integrations.
Mantle8, €31M in a Series A round
Location: Sassenage, France
Founded in: 2024
Total funding received: €36.5M
Recent funding resources: Bpifrance, Breakthrough Energy Ventures, IP Group, Wind, Sandwater
French natural hydrogen exploration startup Mantle8 has recently raised €31 million in a Series A funding round to advance its proprietary exploration technology and pursue the world’s first commercially viable high-purity natural hydrogen reservoirs.
Geordie AI, $30M in a Series A round
Location: London, the UK
Founded in: 2025
Total funding received: $41.5M
Recent funding resources: General Catalyst, Balderton Capital, Ten Eleven Ventures, Crosspoint Capital Partners, AWS & Crowdstrike Cybersecurity Accelerator
London-based Geordie AI has raised $30 million in a Series A round led by Balderton Capital. The firm aims to expand its platform for securing and governing enterprise AI agents and help companies safely manage autonomous AI systems at scale.
Lithosquare, $25M in a seed round
Location: Paris, France
Founded in: 2024
Total funding received: $25M
Recent funding resources: Daphni, Kindred Capital, Omnes Capital, World Fund, OVNI Capital
French firm Lithosquare has raised $25 million in funding in May. The firm plans to accelerate the discovery of critical minerals by combining AI with geological expertise, significantly reducing the time from initial exploration to deposit discovery and supporting global demand for energy transition materials.
Ethos, $22.8M in a Series A round
Location: London, the UK
Founded in: 2024
Total funding received: $26M
Recent funding resources: Andreessen Horowitz, General Catalyst, Sequoia Capital, 8VC, a16z crypto
In May, the London-based Ethos raised $22.8 million in a Series A funding round to scale its AI-powered professional matchmaking platform, improve its voice-based expertise profiling system, and expand the matching of professionals to consulting work, expert engagements, research projects, and full-time roles beyond traditional resumes.
Lucis, $20M in a Series A
Location: Paris, France
Founded in: 2024
Total funding received: $28.5M
Recent funding resources: General Catalyst, Y Combinator, Singular, Rebel Fund, Kima Ventures
French healthcare firm Lucis has secured a $20 million Series A funding round to expand across Europe, including Spain, Germany, and Italy, while strengthening its clinical and operational infrastructure and scaling its blood biomarker–based preventive health platform.
Prelude, $20M in a Series A
Location: Paris, France
Founded in: 2022
Total funding received: $28M
Recent funding resources: The Twenty Minute VC, Deel, Singular, Seedcamp, Willem Delbare
Paris-based SMS verification startup Prelude has secured $20 million in Series A funding to scale its trust infrastructure, deepen telecom partnerships, expand API coverage across Europe, and invest further in machine learning-based fraud detection.
Adfin, $18M in a Series A round
Location: London, the UK
Founded in: 2024
Total funding received: $31.2M
Recent funding resources: Index Ventures, Visionaries Club, Andrey Khusid, Stephane Kurgan, Eric Queathem
London-based Adfin has raised $18 million in Series A funding, bringing its total capital to over $30 million. The company plans to expand its platform into end-to-end cashflow management and prepare for international expansion.
Reel Energy, €15M in a Series A
Location: Copenhagen, Denmark
Founded in: 2020
Total funding received: €22.3M
Recent funding resources: Future Energy Ventures, UVC Partners, The Footprint Firm, Transition, Christian Bach
Danish firm Reel Energy has recently raised €15 million in Series A funding to expand in Germany, refine its products, grow its portfolio, and build a commercial team to make renewable energy more predictable and profitable.
OpenTrade, $17M
Location: London, the UK
Founded in: 2023
Total funding received: $32.7M
Recent funding resources: Circle, a16z crypto, Notion Capital, Mercury, CMCC Global
UK’s stablecoin yield infrastructure startup OpenTrade has raised $17 million to expand its platform that enables fintechs, exchanges, and neobanks to offer stablecoin yield products backed by real-world assets without building their own investment, custody, or infrastructure systems.
Pit, $16M in a seed round
Location: Stockholm, Sweden
Founded in: 2025
Total funding received: $16M
Recent funding resources: Andreessen Horowitz, Lakestar
Stockholm-based Pit has raised $16 million in funding to accelerate the adoption of its AI-native operations software, helping enterprises automate complex internal processes and replace manual workflows built around spreadsheets, emails, and disconnected legacy tools.
RevEng, $15M in a Series A round
Location: London, the UK
Founded in: 2022
Total funding received: $19.2M
Recent funding resources: IQ Capital, Sands Capital Ventures, Episode 1, IQT, Osney Capital
London-based cybersecurity startup RevEng has raised $15 million in a Series A funding round. The company plans to expand its platform for analyzing compiled software binaries, helping organizations identify hidden threats, vulnerabilities, and malicious functionality to strengthen software supply chain security.
Meatly, £10.4M in a Series A round
Location: London, the UK
Founded in: 2022
Total funding received: $20M
Recent funding resources: Clean Growth Fund, Oyster Bay Venture Capital, JamJar Investments, Agronomics, Siddhi Capital
UK-based foodtech firm Meatly has secured £10.4 million in a Series A funding round to build a 20,000-litre bioreactor facility in London, expand commercial production, and support new product launches as demand for sustainable protein alternatives grows.
Slamcore, $14M
Location: London, the UK
Founded in: 2016
Total funding received: $41.4M
Recent funding resources: Toyota Ventures, Octopus Ventures, Amadeus Capital Partners, IP Group, Global Brain Corporation
UK’s spatial intelligence startup Slamcore has recently raised $14 million in funding to scale deployment of its visual AI technology across factories and warehouses.
OpsMill, $14M in a Series A round
Location: Paris, France
Founded in: 2023
Total funding received: $14M
Recent funding resources: Benhamou Global Ventures, Partech, Kima Ventures, OVNI Capital, IRIS
In May, the infrastructure automation startup OpsMill secured $14 million in a Series A funding round to accelerate product development, expand its engineering and go-to-market teams, and support the growth of Infrahub, its platform for infrastructure data management, automation, and AIOps adoption.
allO, $14M in a Series A round
Location: Munich, Germany
Founded in: 2021
Total funding received: $20.5M
Recent funding resources: The Twenty Minute VC, Zigg Capital, LifeX Ventures, Keen Venture Partners, Wecken & Cie.
German restaurant software startup allO has raised $14 million in a Series A funding round. The new capital will be used to expand across European markets and accelerate development of its AI agent suite for reservations, ordering, inventory management, and menu optimization, with the goal of automating restaurant operations through a unified platform.
getquin, €12M
Location: Berlin, Germany
Founded in: 2020
Total funding received: $30.2M
Recent funding resources: Heartfelt Capital, Portage Ventures, State Street, APX, Motive Ventures
getquin, a Berlin-based digital wealth platform for private investors, has raised €12 million to accelerate its expansion from portfolio tracking into a full-stack wealth management platform combining AI-powered insights, financial planning, and hybrid advisory services.
Perceptic, $12M
Location: London, the UK
Founded in: 2024
Total funding received: $12M
Recent funding resources: Accel, Air Street Capital, Outlier Grove, Elder Gull
Perceptic, a UK-based AI biotech software company building an “AI operating system” for drug development across research, clinical data, and asset discovery, has raised $12 million to accelerate adoption of its platform across pharma companies and expand its AI-driven drug discovery and clinical intelligence infrastructure.
Happl, $11M in a Series A round
Location: London, the UK
Founded in: 2020
Total funding received: $16.6M
Recent funding resources: Gaingels, Y Combinator, Ascension, Haatch, Pioneer Fund
Happl, a UK-based AI-native benefits infrastructure platform for global employers, has raised $11 million in a Series A round to expand its global benefits operating system for multinational companies operating across over 160 countries.
Barocal, $10M in a seed round
Location: London, the UK
Founded in: 2019
Total funding received: $14.5M
Recent funding resources: Parkwalk Advisors, Breakthrough Energy Ventures, IP Group, World Fund, Cambridge Enterprise Ventures
Barocal, a Cambridge University spin-out developing solid-state cooling and heating technology to replace conventional vapor-compression HVAC systems, has raised $10 million in seed funding. The firm plans to scale its engineering team and accelerate commercialization of its low-emission cooling solutions for applications such as data centers and refrigeration.
ClearOps, €8.6M in a Series A round
Location: Munich, Germany
Total funding received: €8.6M
Recent funding resources: Hitachi Ventures, Barkawi Group, Schoeller Holding
German sales tech firm ClearOps has recently secured an €8.6 million Series A funding round. The fresh capital will be used to scale its AI-powered after-sales operating system for industrial OEMs, expand globally, strengthen go-to-market efforts, and advance its platform from predictive parts planning toward fully automated service and supply chain orchestration.
CodeWords, $9M in a seed round
Location: London, the UK
Founded in: 2023
Total funding received: $9M
Recent funding resources: Fly Ventures, Visionaries Club, Firstminute Capital, Mati Staniszewski, Hanno Renner
UK-based AI automation platform company CodeWords has secured a $9 million seed funding round to scale its platform, improve its AI agent “Cody,” and expand no-code automation capabilities for non-technical business users.
LawX, €7.5M
Location: Berlin, Germany
Founded in: 2024
Total funding received: €7.5M
Recent funding resources: Motive Partners, SIVentures (prev. Smart Infrastructure Ventures), WENVEST Capital, xdeck, Christoph Cordes
LawX, a legal AI startup building an operating system for law firms and notaries, has raised €7.5 million in seed funding. The firm aims to scale its AI-powered platform that automates end-to-end legal operations including workflows, document management, billing, and administrative processes.
Pacifico Biolabs, €7M in a Series A round
Location: Berlin, Germany
Founded in: 2021
Total funding received: $11.4M
Recent funding resources: Simon Capital, FoodLabs, Stray Dog Capital, Exceptional Ventures, TGFS - Technologiegründerfonds Sachsen
German biotech startup Pacifico Biolabs, which makes alternative protein from mycelium using fermentation, has raised €7 million in Series A funding to scale production, expand manufacturing using brewery facilities, and speed up the launch of its meat alternative products across Europe.
Neurosoft Bioelectronics, $7.5M in a seed round
Location: Geneva, Switzerland
Founded in: 2019
Total funding received: $10.7M
Recent funding resources: Plug and Play, Connecticut Innovations, European Innovation Council, Kickfund, Venture Kick
Swiss neurotechnology company Neurosoft Bioelectronics, which is developing AI-powered brain-computer interface systems, has raised $7.5 million to advance its clinical trials and scale its neural data platform.
Didit, $7M in a seed round
Location: Barcelona, Spain
Founded in: 2023
Total funding received: $8M
Recent funding resources: Founders Fund, Y Combinator, Pioneer Fund, Orange Collective, Rebel Fund
Spanish identity and fraud infrastructure startup Didit has raised $7.5 million. The funding will help scale its AI-powered identity and fraud platform globally and expand its compliance, verification, and risk infrastructure. The company says it is already used by more than 2,000 customers worldwide.
Imperagen, £5M in a seed round
Location: Manchester, the UK
Founded in: 2021
Total funding received: £8.5M
Recent funding resources: IQ Capital, Northern Gritstone, PXN Ventures
Manchester-based biotech startup Imperagen has raised £5 million in seed funding to accelerate R&D, expand its wet lab capabilities, and build out its go-to-market function over the next 18 months.
Greenpixie, £4.7M in a seed round
Location: London, the UK
Founded in: 2021
Total funding received: £6.7M
Recent funding resources: Ascension, Octopus Ventures, Verbund X Ventures, Green Angel Ventures, Revenue Syndicate
London-based sustainability tech startup Greenpixie has raised £4.7 million in a funding round led by VERBUND X Ventures. The firm aims to expand its sustainability intelligence platform for cloud and AI infrastructure, helping enterprises reduce IT waste and improve cloud efficiency.
Squid, $6M
Location: Zug, Switzerland
Founded in: 2021
Total funding received: $13.5M
Recent funding resources: Ripple, Borderless Capital, Altos Ventures, North Island Ventures, Scenius Capital Management
Zug-based crypto interoperability platform Squid has raised $6 million in a round led by North Island Ventures. The funding will support expansion of its cross-chain routing, settlement, and developer tooling infrastructure powering transfers across over 100 blockchains and 20,000 tokens.
Davis AI, $5.5M in a pre-seed round
Location: Paris, France
Founded in: 2025
Total funding received: $5.5M
Recent funding resources: Entrepreneurs First, Balderton Capital, Evantic Capital, Heartcore Capital, Yellow
French AI-native real estate development startup Davis has raised $5.5 million in pre-seed funding to speed up early-stage project development by using AI to generate feasibility studies and architectural designs in days instead of months.
Ruka, $4.5M
Location: London, the UK
Founded in: 2020
Total funding received: $8.1M
Recent funding resources: Freedom Trail Capital, Henkel Ventures
Biotech beauty startup Ruka has raised $4.5 million in funding co-led by Freedom Trail Capital and Henkel Ventures. The firm plans to expand production, grow its retail footprint, and prepare for its 2026 US launch.
Pollen, €3.2M in a seed round
Location: Lisbon, Portugal
Founded in: 2024
Total funding received: €3.2M
Recent funding resources: MSM, Pale blue dot
Portuguese startup Pollen, which is building a universal battery-swapping network for mopeds and motorcycles, has raised €3.2 million in funding. The company will use the funding to expand its battery-swapping infrastructure and scale adoption of its network across electric two-wheel mobility.
Nelson Mobility, €3M in a seed round
Location: Paris, France
Founded in: 2022
Total funding received: €4.2M
Recent funding resources: Asterion Ventures, EIT Urban Mobility, Climate Club, La Poste Ventures
French mobility tech startup Nelson Mobility has recently raised €3 million in a seed round. The startup will use the funding to develop its software platform, which combines fleet and charging ecosystem data to deliver real-time electrification recommendations and support deployment of EV strategies across Europe.
Tequipy, €3M in a seed round
Location: London, the UK
Founded in: 2022
Total funding received: €3.7M
Recent funding resources: Manta Ray Ventures, Smedvig Ventures, Unfold.vc, Pawel Grabowski, Kamil Stanuch
Polish-British startup Tequipy, which automates global device logistics and IT hardware provisioning, has raised over €3 million in funding to expand its platform beyond hardware logistics into software and security operations, as it scales its device sourcing, configuration, and lifecycle management services across 180 countries.
NanoStruct, €2.6M in a seed round
Location: Würzburg, Germany
Founded in: 2021
Total funding received: €2.6M
Recent funding resources: HTGF (High-Tech Gruenderfonds), Auxxo, Bayern Kapital
German food-tech startup NanoStruct has raised €2.6 million in seed funding. The company plans to run pilot projects, expand its team, and accelerate commercialization of its rapid food analysis platform.
Crimson, $2.5M in a seed round
Location: London, the UK
Founded in: 2025
Total funding received: $3M
Recent funding resources: Symphony Ventures, Y Combinator, Amino Capital, Progressive Ventures, TwentyTwo VC
UK legal AI startup Crimson has secured a $2.5 million seed round led by Y Combinator to expand its AI-powered case intelligence platform for litigation and arbitration teams, as it scales in the US following the launch of its New York office.
mafer AI, €2M in a pre-seed round
Location: Barcelona, Spain
Founded in: 2025
Total funding received: €2M
Recent funding resources: K Fund, 4Founders Capital, Masia.vc, Juanjo Mostazo, Adrián Mato Gondelle
Spanish AI startup Mafer AI has raised €2 million in a pre-seed round led by Kfund to develop MaferOS, an AI operating system for R&D teams in formulation-driven industries. The platform centralises fragmented research data and reduces knowledge loss, helping companies in sectors such as cosmetics and food speed up product innovation cycles.
Tolemy Bio, €1.4M in a pre-seed round
Location: Cambridge, the UK
Founded in: 2024
Total funding received: €1.4M
Recent funding resources: Big Sur Ventures, Norrsken Evolve
UK biotech AI startup Tolemy Bio has raised €1.4 million in pre-seed funding led by Norrsken Evolve to advance its AI-powered cell biology platform, Orbit, which helps scientists analyse and optimise living cells for drug discovery and advanced therapies.
Overwatch AI, $1.5M in a pre-seed round
Location: Barcelona, Spain
Founded in: 2024
Total funding received: $1.6M
Recent funding resources: Techstars, Masia.vc, Baobab Ventures, Pegasus Innovation Lab, United Airlines Ventures
Spanish AI aviation startup Overwatch AI has raised $1.5 million in a pre-seed round to expand Wingman, its AI decision-support platform for airline operations that helps pilots and operations teams access real-time, sourced answers from live operational data and documentation to improve decision-making across flight operations.
Silixon, £1.1M in a pre-seed round
Location: London, the UK
Founded in: 2024
Total funding received: £1.1M
Recent funding resources: Antler, System.One, helloworld vc
UK-based AI hardware startup Silixon has raised $1.5 million to develop a platform that uses natural language AI to design circuit boards, streamlining PCB development from concept to production and accelerating time to market for hardware teams.
HUMARA, €1.2M in a seed round
Location: Galicia, Spain
Founded in: 2021
Total funding received: €1.2M
Recent funding resources: Google for Startups, Impact Shakers, Ship2B Ventures, Zubi Capital, Inclimo Climate Tech Fund
Spanish waste management infrastructure startup Humara has raised €1.2 million in a seed round led by Impact Shakers to scale its physics-based design platform and expand Duplantis, an AI copilot for live plant operations, modernising the design and management of recycling and waste facilities.
ComplyDo, $1.3M in a pre-seed round
Location: Berlin, Germany
Founded in: 2025
Total funding received: $1.8M
Recent funding resources: Y Combinator, TwentyTwo VC, a16z Scout Fund, adesso ventures, Gokul Rajaram
Berlin-based compliance startup ComplyDo has raised $1.3 million in funding, backed by Y Combinator and Reaktor.Berlin, to expand its compliance management platform and accelerate adoption across regulated industries.
