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Consumer Goods E-Commerce Europe

Everdrop raises $21.8M Series A round led by Felix Capital for its dissolvable cleaning tablet

– Munich-based startup everdrop raised €18m in Series A funding.
– The round was led by Felix Capital, with participation from HV Capital and Vorwerk Ventures.
– The company plans to develop a wider range of sustainable household products and market them across Europe, and eventually the U.S.

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Agriculture Artificial Intelligence Biofuel Europe

Better Origin, which turns flies into food for chickens, raises $3M from… Fly Ventures

– Better Origin, a startup that converts waste food into essential nutrients using insects fed to chickens inside a standard shipping container, raised $3m funding.
– The round was led by Fly Ventures and solar entrepreneur Nick Boyle, while previous investor Metavallon VC is also participating.
– Its competitors include Protix, Agriprotein, InnovaFeed, Enterra and Entocycle.
– The company’s product is an “autonomous insect mini-farm”.
– It is dropped on site. A farmer adds food waste — gathered from nearby factories or from the farm — into a hopper to feed the larvae of black soldier flies.
– Two weeks later, the insects are fed directly to the chickens as an alternative to the soy feed they normally get.

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Artificial Intelligence Europe InsurTech Machine Learning

Zelros raises $11 million for AI that personalizes insurance plans

– Insurance tech startup Zelros today announced that it raised $11m in series A funding led by BGV.
– The company plans to use the capital to scale operations across Europe and expand into North America.
– Zelros employs AI to provide advisors and policyholders with advice on choosing the right coverage for their needs.
– The platform ingests claims, quotes, voice calls, underwriting documents, and other kinds of data via connectors to cover tasks like claim handling and facilitate the deployment and monitoring of AI pipelines in production.
– Zelros taps natural language understanding technology to capture information from voice conversations between policyholders and insurance advisors or contact center representatives.
– The platform surfaces contextualized recommendations in real time and at the end of customer calls, storing newly detected information to enrich customer relationship management databases.

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Apps Bitcoin Europe FinTech Mobile Payments

Bottlepay Raises $15M in Seed Funding

– Bottlepay, a UK-based global payments app, raised £11m ($15m) in seed funding.
– The company intends to use the funds to expand the team, develop the platform’s functionality and geographical reach.
– Backers included British fund manager Alan Howard, venture capital firm FinTech Collective and tech entrepreneur Phil Doye.

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Europe Medical Device

Axis Spine Technologies Raises £2.2M in Funding

– Axis Spine Technologies, a UK-based MedTech startup, closed a £2.2m funding round.
– The funding was led by ACF Investors’ Delta Fund with follow-on investment from Mercia’s EIS funds.
– An angel syndicate led by Simon Cartmell, who has more than 40 years pharmaceutical, biotech and medtech experience, participated.
– The funding will be used to support the launch of the new device in the USA, and also to progress developments of Oblique, Lateral cage implants, as well as a highly differentiated access system.

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3D Printing 3D Technology Augmented Reality E-Commerce Europe Marketplace

3D model provider CGTrader raises $9.5M Series B led by Evli Growth Partners

– CGTrader, a 3D content provider, raised $10m in Series A funding.
– The round was led by Inventure and joined by other investors.
– The company plans to consolidate its position and further develop its platform.

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Europe Internet Productivity Tools Software Web Apps Web Design Web Development

Rows Raises $16M in Series B Funding

– Rows.com (previously dashdash) is a cloud platform-based spreadsheet for developing business tools.
– Company raised $16m in Series B funding.
– The round was led by Lakestar with participation from Accel and Cherry Ventures, as well as new angel investor Christian Reber, CEO of Pitch, who joined the Advisory Board.
– The company intends to use the funds to expand operations and to build out functionality.

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Europe Information Services

Space tech startup ConstellR, which can monitor land surface temperatures, raises €1M pre-seed round

– Space tech startup ConstellR raised €1m funding.
– The round was led by FTTF, with the participation of strategic investor OHB Venture Capital, Baden-Württemberg’s state bank L-Bank and an undisclosed investor.
– The company plans to launch its first system in December 2021.

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Europe Food and Beverage Food Processing

Mosa Meat completes $85m Series B investment round

– Mosa Meat completes $85m Series B investment round.
– The round was led by Blue Horizon Ventures and includes Nutreco and Jitse Groen.
– Mosa Meat will use the funds to extend its current pilot production facility at its home in Maastricht, develop an industrial-sized production line, expand its team, and introduce delicious cultivated beef to consumers.
– This third closing of $10m brings the total raised in the round to $85m.

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Employment Europe Productivity Tools Software

Orka Raises £29M in Funding

– Orka Technology Group, a Manchester, UK-based worker tech startup, raised £29m in funding.
– The round was a mixture of debt financing from Sonovate and equity funding involving the British Business Bank Future Fund and existing investors.
– The company intends to use the funds to double headcount to 50 in 2021 and accelerate rapid growth of earned wage access product Orka Pay.

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