European Startup Funding Round-up: Highlights from Jan. 26-30

Friday is here with a new edition of our weekly VC funding overview for our CLUB members. Below you’ll find this week’s overview of all the (equity) funding activities we tracked from across Europe.

Funding rounds in France

• Paris-based GoCanopy secured €2.1 million to use AI-driven insights to transform real estate investing.
• Paris-based Radiant raised €2 million to develop a solar thermal solution that replaces fossil-fuel heat sources in heavy industries
• Paris-based Twin landed €8.4 million to offer automated tools for repetitive operations, such as onboarding new staff across internal systems.
• Paris-based Dowgo closed €1.6 million to develop a blockchain-based digital investment platform that enables investors to finance impact-driven private market assets.
• Paris-based Recupere Metals obtained €5 million to develop recycled copper wire manufacturing using a proprietary process to produce high-performance electrical conductors.
• Paris-based Twin Labs landed €8.4 million to build automation tools for daily and repetitive business tasks.
• Toulouse-based Aviwell raised €11 million to develop natural and sustainable animal health solutions aimed at improving livestock performance, nutrition, and long-term food security.

Funding rounds in Germany

• Berlin-based heyData raised €13.8 million to develop a comprehensive compliance SaaS solution for SMBs by combining legal expertise with technology.
• Berlin-based Recare obtained €37 million to provide a software-as-a-service platform to digitise and streamline hospital discharge and patient transfer processes
• Erkrath-based Co-reactive secured €6.5 million to turn captured CO2 into carbon-negative building materials by using a continuous mineralisation process.
• Martinsried-based Twogee Biotech landed €2.2 million to specialise in enzyme discovery and custom enzyme mixtures for degrading agricultural residues.
• Munich-based RobCo raised €100 million to design, build, and deploy modular AI-driven robotic automation systems for industrial manufacturing processes.
• Munich-based SEAL Robotics secured €1.7 million to build modular AI-enhanced robots that automate container logistics tasks at ports and terminals.
• Stuttgart-based Metergrid raised €10 million to develop SaaS products addressing challenges in decentralised energy systems.

Funding rounds in Poland

• Warsaw-based Nomagic closed €8.4 million to provide smart pick-and-place robotic solutions for order fulfilment.
• Warsaw-based Rainbow Weather landed €4.6 million to use AI to deliver fast and accurate weather forecasts.
• Poland and the United States-based Mos Health secured €920k to build an AI health partner combining personalised health protocols with matched supplementation.

Funding rounds in Spain

• Barcelona-based Salicru raised €2.5 million to provide energy optimisation solutions and protection for technological equipment affected by electrical supply issues.
• Espinosa-based BigGuardian secured €1.5 million to develop remote clinical diagnostics solutions for livestock.
• Madrid-based STAMP landed €4 million to provide digital tax-free services for travellers.
• Madrid-based TetraxAI closed €1.2 million to develop an AI-driven platform for building energy transition infrastructure more quickly and safely.
• Sangüesa-based Opportunity Health obtained €334k to develop an automatic, self-applicable medical device designed to save lives in choking emergencies.
• Valencia-based NovaHiring secured €350k to automate recruitment processes using AI-powered agents and analytics.

Funding rounds in Sweden

• Lund-based MedVasc raised €2.2 million to develop a catheter system enabling pain-free and precise local anaesthesia.
• Malmö-based Paraglide AI landed €4.2 million to automate financial inbox management, including invoice queries and payment follow-ups.
• Stockholm-based Brickanta obtained €6.7 million to use AI to automate construction documents and project workflows.
• Stockholm-based Dentio secured €1.9 million to develop an AI-powered administrative assistant for dentists.
• Stockholm-based Funnel raised €67.1 million to build software that helps marketers automate data collection for reporting and analysis.

Funding rounds in the Netherlands

• Amsterdam-based Dealroom.co landed €5.8 million to continue growing as a data platform tracking startups and high-growth companies globally.
• Amsterdam-based Lucend obtained €2.7 million to develop an AI-based roof-to-room optimisation solution for data centres.
• Amstelveen-based Proba raised €1.3 million to simplify supply chain decarbonisation through tradable carbon certificates.
• Leiden-based LeydenJar Technologies secured €7.8 million to develop pure silicon anodes for energy-dense batteries.

Funding rounds in the United Kingdom

• London-based WealthAI raised €838k to develop an AI operating system for wealth managers, family offices, private banks, and asset managers.
• Camborne-based Tenpoint Therapeutics closed €71 million to develop engineered cell-based therapies aimed at restoring vision.
• Glasgow-based Afternoon Finance secured €57k to build AI software that helps financial advisers automate billing, bookkeeping, and reporting.
• Glasgow-based Nami Surgical landed €2.2 million to develop robotic surgery technology aimed at improving patient care.
• London-based Automata obtained €38 million to provide workflow automation solutions for the life sciences industry.
• London-based Bleap closed €5 million to offer a platform for buying crypto, making payments, and splitting bills.
• London-based Dragonfly AI snagged €5.8 million to develop predictive visual analytics technology that simulates audience attention.
• London-based Emerald received €1 million to offer a preventive health membership combining screenings, health data, and personalised action plans.
• London-based Finspector obtained €58k to develop an AI-driven financial marketing compliance tool.
• London-based Flowla secured €2.1 million to build a smart deal room with AI-powered workflows.
• London-based HomeCooks raised €1.6 million as a meal-prep marketplace connecting consumers with independent chefs.
• London-based Levellr landed €2.1 million to help creators and brands to build, manage and monetise messaging communities.
• London-based Milliways obtained €2.5 million to make plant-based, plastic-free and biodegradable chewing gum.
• London-based MyARC secured €1.7 million to develop a fitness app connecting content creators with their communities.
• London-based Orbital Witness raised €50.3 million to provide legal due diligence and risk assessment for property transactions.
• London-based Pallma AI landed €1.3 million to develop a security platform protecting AI agents across their lifecycle.
• London-based Pantaloon obtained €173k as a game publisher platform that champions unusual games.
• London-based Raylo raised €23 million to offer leasing services for consumers to access phones, tablets, and laptops.
• London-based Sokin secured €38 million to provide multi-currency accounts and cross-border payment services for businesses.
• London-based tem.
  

  European Funding Rounds Overview

  Several European startups have recently secured significant funding rounds to support their innovative projects and business expansions. Here is a breakdown of the latest funding activities across various European countries:

  Funding Rounds in the UK

  • €46.3 million was raised by a UK-based company to assist businesses in reducing energy costs and supporting renewable energy generators.
  • Vennre, a London-based firm, obtained €8 million to offer investment management and advisory services.
  • Voxelo.ai, also based in London, secured €346k to develop 3D e-commerce technology for interactive shopping experiences from product videos.
  • Modern Milkman, a Manchester-based startup, raised €11.53 million for their return-and-reuse grocery delivery service focused on waste reduction.
  • Summize, based in Manchester, landed €46.2 million for their AI-powered software platform that aids teams in creating, reviewing, and managing contracts efficiently.
  • Evaro, located in Norwich, closed a €20.9 million funding round to enhance digital health integrations and improve access to pharmacy products.
  • Kit & Kin, a Saint Albans-based company, obtained €106k to provide environmentally friendly products for babies and households.

  Funding Rounds in Other European Countries

  Austria:

  • Sipfront, headquartered in Vienna, raised €1.8 million to assist companies in testing and monitoring VoIP and SIP communication systems.

  Belgium:

  • banqUP, based in Kontich, secured €5.45 million to develop an API-driven open banking platform for European banks and FinTech companies.

  Denmark:

  • Lunar, located in Aarhus, closed a €46 million funding round for their digital banking services aimed at helping consumers manage personal finances through a mobile app.
  • KIME, based in Copenhagen, landed €2 million to create an AI SaaS platform for enhancing operational processes for founders and tech teams.

  Finland:

  • Carbonaide, based in Joensuu, obtained €3.7 million to develop solutions for removing carbon dioxide from circulation and improving concrete material performance.

  Ireland:

  • XFuel, headquartered in Dublin, secured €16.76 million to produce sustainable drop-in fuels for road, marine, and aviation use.

  Italy:

  • Massima Energia, located in Milan, raised €10 million to provide electricity and gas services.
  • BandoSubito, based in Turin, landed €2 million to develop an AI tool for grant and tender management.

  Switzerland:

  • Scholé, headquartered in Lausanne, secured €2.5 million to develop personalized learning solutions using AI technology.
  • SamanTree Medical, also based in Lausanne, raised €20 million to develop a medical device for acquiring tissue images in surgical cancer procedures.

  This comprehensive overview showcases the diverse range of innovative startups across Europe securing substantial funding for their projects and advancements. Each funding round represents a significant milestone in the growth and development of these companies, highlighting the thriving entrepreneurial landscape in Europe.

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