This summary is generated by an algorithm. If you find any mistakes, let us know.

E-Commerce Food Delivery Grocery Western Europe

London’s Jiffy scoops $28M for speedy grocery delivery

– London grocery delivery startup Jiffy raised $28m in Series A funding.
– The round was led by family-owned investment company Heartland, with Boston-based international VC fund Flint Capital also participating, along with gaming firm Playrix and existing investors Baring Vostok Capital Partners and LVL1 among others.
– The startup operates a network of its own dark stores to do fulfilment — enabling it to offer the promise of “fresh groceries in 15 minutes.”
– It has amassed around 20,000 customers so far across its six delivery zones (all in London for now).

Source
Apps E-Commerce Loyalty Programs Marketing Retail Technology Western Europe

Swapi Raises £860K in Pre-Seed Funding

– Swapi is a London UK-based brand e-wallet platform.
– The company raised £860K in Pre-Seed funding.
– Backers included private investors, a crowdfunding round as well as Trampoline Ventures.
– The company intends to use the funds to expand the team, launch with 100+ international brands on board and bring the app to market.

Source
Health Care Sex Tech Western Europe

Mojo, a men’s sexual health startup that’s pushing therapy not pills, gets $4.4M seed

– Mojo is a sexual health startup that offers men discreet help with the awkward issue of erectile dysfunction.
– It’s announcing seed funding to step on the growth gas.
– The £3.25 million ($4.4 million) round is co-led by London early-stage fund Kindred Capital and Octopus Ventures. Angel investors in the round include some familiar names in the European startup world, including Tom Blomfield (Monzo), Julien Callede (Made.com), Ian Hogarth (SongKick), Freddy Macnamara (Cuvva), Alex Rose (Let’s Do This) and Errol Damelin (Wonga).
– The company has built a subscription service to support men’s sexual well-being by providing on-tap access to dedicated therapies.
– It partners with professional psychosexual therapists to provide online courses that are billed as offering a longer-term solution to male sexual health problems versus just popping some blue pills.

Source
Cloud Computing Developer Tools SaaS Security Software Western Europe

Software supply chain management company Cloudsmith raises $15M

– Cloudsmith has raised $15m in a series A funding round led by Tiger Global, with participation from Shasta, Amaranthine, Sorenson, Leadout Capital, Frontline, MMC, and Techstart.
– The infusion brings the company’s total raised to over $17m.
– Cloudsmith’s platform aims to solve this by helping organizations distribute software without the need for local datacenters and the costs associated with them.
– Cloudsmith can also automatically scan for security vulnerabilities, helping businesses avoid introducing exploits into their software supply chains.

Source
Financial Services FinTech Social Impact Sustainability Western Europe

Doconomy Raises $17M in Funding

– Doconomy from Stockholm develops a global climate impact technology company.
– Series D $17M round was led by CommerzVentures with participation from existing investors such as Mastercard, Wiklöf Holding and Ålandsbanken.
– The company intends to use the funds to accelerate continued expansion, support the further development of its impact applied portfolio; enabling impact calculations on transactions, lifestyle, products and companies of all shapes and sizes, and recruit new hires.

Source
Agriculture Chemical Western Europe

Calyxia bags $17.6M to tackle the global microplastics problem

– Calyxia, a greentech startup, has developed biodegradable microcapsule technology to reduce the amount of harmful microplastics that human activity is putting into the environment.
– The 2015-founded startup is now announcing a €15 million Series A (~$17.6 million) funding round, led by the impact investor Astanor Ventures, as it gears up to get its first products to market this year.
– The company says its technology can reduce the amount of microplastics in the environment by up to 90%.
– It has developed what it bills as “environmentally friendly” and “advanced performance” biodegradable microcapsule technology.

Source
Information Technology Services Western Europe

Futures Factory Raises $2.5M in Seed Funding

– Futures Factory is a French marketplace for selling sneakers.
– The company raised $2.5m in seed funding.
– The round was led by Seedcamp and Stride with participation comes from the co-founders of Voodoo, Kima Ventures, RTP Global, along with technology, crypto, and fashion angel investors.
– The company intends to use the funds to to build its product between September 2021 and March 2022.

Source
E-Commerce Enterprise Software Marketplace SaaS Western Europe

Enterprise marketplace platform Mirakl raises $555M

– Mirakl, a platform used by companies such as Kroger, Siemens, and HP Enterprise to build online marketplaces, has raised $555m in a series E round of funding led by Silver Lake.
– The French company is now valued at $3.5bn.
– Mirakl provides tools to help B2B and B2C companies easily launch, manage, and grow marketplaces.
– It’s all about “unlocking the power of the platform,” helping businesses better compete with ecommerce giants like Amazon and Alibaba.
– In the wake of the pandemic, “digital transformation” is changing the face of just about every industry, and with that comes growing expectations around what’s possible through online channels.

Source
Content Digital Media Graphic Design Presentations Social Media Software Western Europe

Genially raises $20M to make interactive content a global standard

– Genially, a leading interactive content creation platform, has raised $20M with its latest round of funding.
– Their Series B financing was led by the U.S. venture capital firms 645 Ventures and Owl Ventures and aims to accelerate the company’s goal to set a global standard in content creation.
– They were joined by the European venture capitalists DN Capital and Brighteye Ventures and successful entrepreneurs like s16VC and Kahoot founders.
– This capital injection advances Genially’s place as a leader in interactive content.

Source
Blockchain Fantasy Sports Gaming Soccer Western Europe

Sorare Raises $680M in Series B Funding; Valued at $4.3 Billion

– Sorare is a Paris, France, NFT-based fantasy football platform.
– The company raised $680m in Series B funding.
– The round was led by Softbank with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP, Liontree and existing investors Benchmark, Accel and Headline, as well as football players Gerard Piqué, Antoine Griezmann, Rio Ferdinand and César Azpilicueta.
– The new investment will be used to accelerate growth within football while also replicating its model in other sports, expand its team by hiring across key roles, and launch marketing campaigns with partners, athletes, and media companies.

Source
Health Care Western Europe

Intrance Medical Systems Raises $8 Million to Support Development of Its Innovative Therapy for Advanced Parkinson’s Disease

– Intrance Medical Systems Inc. secured USD $8m from prominent Swedish real estate investor Erik Selin through his private company, Erik Selin Fastigheter AB.
– Funding will be used to initiate the U.S. clinical development program for its fixed-dose combination treatment of carbidopa, entacapone and levodopa for enteral infusion in advanced Parkinson’s disease patients.
– The product is currently marketed as Lecigon® in the Nordic countries and certain European markets.
– Intrance Medical Systems was established in 2018 as an independent spin-out from Sweden-based Lobsor Pharmaceuticals AB, founded by Ulf Rosén and Roger Bolsöy.

Source
Audio B2B Big Data Music Music Streaming SaaS Western Europe

musicube Raises $560K in Funding

– musicube is a Hamburg, Germany-based provider of advanced artificial intelligence (AI) solutions for the music industry.
– The company raised $560k in funding.
– The round was led by Holger Hübner, co-founder of the Wacken Open Air, one of the world’s largest Metal festivals.
– The new investment will be used to expand into the U.S. market and deliver scalable solutions for the music streaming market.

Source
Biotechnology Health Care Medical Pharmaceutical Therapeutics Wellness Western Europe

Amolyt Pharma Raises $80M in Series B Financing

– Amolyt Pharma from Lyon develops therapeutic peptides for rare endocrine and related diseases.
– The company closed an $80m Series B round.
– The round was co-led by Sectoral Asset Management and Andera Partners, with participation from ATEM Capital, LSP, Novo Holdings (Novo Ventures), Kurma Partners, Mass General Brigham Ventures, Innobio 2 managed by Bpifrance, Orbimed, Pontifax, Eurazeo, Sham Innovation Santé/Turenne Capital and Credit Agricole Creation.
– The company plans to use the proceeds from the financing to advance its pipeline of potential therapeutics for rare endocrine and related diseases, including clinical development of AZP-3601 for hypoparathyroidism, pre-clinical development of AZP-3813 for acromegaly and ongoing research related to AZP-3404, and to further expand its early-stage pipeline through both internal research and development activities and potential in-licensing opportunities.

Source
Biotechnology Health Care Medical Pharmaceutical Therapeutics Wellness Western Europe

Amolyt Pharma Raises $80M in Series B Financing

– Amolyt Pharma from Lyon develops therapeutic peptides for rare endocrine and related diseases.
– The company closed an $80m Series B round.
– The round was co-led by Sectoral Asset Management and Andera Partners, with participation from ATEM Capital, LSP, Novo Holdings (Novo Ventures), Kurma Partners, Mass General Brigham Ventures, Innobio 2 managed by Bpifrance, Orbimed, Pontifax, Eurazeo, Sham Innovation Santé/Turenne Capital and Credit Agricole Creation.
– The company plans to use the proceeds from the financing to advance its pipeline of potential therapeutics for rare endocrine and related diseases, including clinical development of AZP-3601 for hypoparathyroidism, pre-clinical development of AZP-3813 for acromegaly and ongoing research related to AZP-3404, and to further expand its early-stage pipeline through both internal research and development activities and potential in-licensing opportunities.

Source
Bitcoin Blockchain Compliance Financial Services FinTech Western Europe

Coinfirm Raises $8M in Series A Funding

– Coinfirm is a London, UK-based global leader in RegTech for digital currencies and the blockchain-based financial ecosystem.
– The company closed an USD8m Series A funding.
– The round was co-led by Six Fintech Ventures, the corporate venture arm of SIX, and FiveT Fintech, followed by MiddleGame Ventures. Mission Gate and CoinShares also participated in this round.
– The new investment will be aimed at continuing the company’s growth trajectory in the EU, expanding its offering to the Asian and US markets, and strengthening the enterprise and financial institution offering.

Source
Artificial Intelligence Semiconductor Western Europe

Dutch AI Semiconductor Startup Axelera AI Launches With $12 Million Seed Round

– Axelera AI announced that it has successfully closed a seed investment round of $12m.
– The round was led by Bitfury and joined by global nanoelectronics R&D center imec and deep-tech venture capital funds Innovation Industries and imec.xpand.
– The funding will support the company’s development of an industry-defining product powering AI applications at the edge.
– Axelera AI was incubated by Bitfury Group in 2019, formerly operating as Bitfury AI until the company came out as an independent entity this year.
– Building on its extensive research and development focused on integrating world-class hardware and software technologies for edge and cloud-to-edge enterprise solutions, Axelera AI joined forces with imec in early 2020 to develop groundbreaking computing architecture for high-performance AI.

Source
Business Information Systems Computer SaaS Software Western Europe

Skello raises $47.3 million for its employee scheduling tool

– French startup Skello has raised a $47.3m funding round.
– The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company.
Partech is leading today’s funding round. Existing investors XAnge and Aglaé Ventures are also participating.

Source
Automotive Electric Vehicle Last Mile Transportation Logistics Western Europe

Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris

– Volta Trucks, an EV startup, raised $44m funding.
– The round was led by Luxor Capital Group and returning investor Byggmästare Anders J Ahlström Holding of Stockholm.
– New investors included U.S. electric truck and battery manufacturer Proterra and supply chain management company Agility.
– The company plans to pilot the trucks in London and Paris.

Source
Artificial Intelligence Semiconductor Western Europe

Axelera, which is developing an AI accelerator chip, raises $12M

– Axelera AI, a Dutch AI semiconductor startup, emerged from stealth with $12m in seed funding led by Bitfury, a security and infrastructure provider for the Bitcoin blockchain.
Innovation Industries Fund participated in the round, which the company says will support developing of AI apps at the edge.
– Edge AI, the processing of AI algorithms on devices like drones, digital signage, cameras, and sensors, derives from edge computing, which starts from the same premise: Data is processed and managed at internet of things endpoints.
– Edge AI is advantageous in industries like retail, robotics, and manufacturing, where it can deliver lower latency than sending data to remote servers — and avoid disruptions and costs in the process.
– Incubated by Bitfury, Axelera says it’s developing a chipset to accelerate AI and machine learning algorithms at the edge.

Source
Business Intelligence Cloud Data Services Data Integration SaaS Western Europe

Matillion raises $150M at a $1.5B valuation for its low-code approach to integrating disparate data sources

– Matillion, a startup that helps companies harness their data, raised $150m in funding.
– The round was led by General Atlantic and joined by Battery Ventures, Sapphire Ventures, Scale Venture Partners and Lightspeed Venture Partners.
– The company has hundreds of enterprise customers, including Western Union, FOX, Sony, Slack, National Grid, Peet’s Coffee and Cisco.
– The startup was founded in Manchester (it now also has a base in Denver), and this makes it one of a handful of tech startups out of the city — others we’ve recently covered include The Hut Group, Peak AI and Fractory — now hitting the big leagues and helping to put it on the innovation map as an urban center to watch.

Source
Biotechnology Pharmaceutical Western Europe

Anjarium Biosciences Raises $61M in Series A Financing

– Anjarium Biosciences AG is a Schliren, Zurich-based biotech company focused on creating and delivering a new class of non-viral gene therapies.
– Series A funding closed at $61m.
– The round was co-led by Abingworth and Gimv, with participation from Omega Funds, Pfizer Ventures and Surveyor Capital (a Citadel company).
– The new investment will be used to advance the company’s pipeline programs towards clinical development.

Source
Analytics Construction Robotics Western Europe

Kewazo Raises $5M in Series A Funding

– Kewazo is a Munich, Germany-based construction technology company.
– Company raised $5M in Series A funding.
– The round was led by True Ventures with participation from MIG AG.
– The new investment will be aimed at expanding operations and business reach.

Source
Biotechnology Pharmaceutical Western Europe

Anjarium Biosciences Raises $61M in Series A Financing

– Anjarium Biosciences AG is a Schliren, Zurich-based biotech company focused on creating and delivering a new class of non-viral gene therapies.
– Series A funding closed at $61m.
– The round was co-led by Abingworth and Gimv, with participation from Omega Funds, Pfizer Ventures and Surveyor Capital (a Citadel company).
– The new investment will be used to advance the company’s pipeline programs towards clinical development.

Source
Analytics Construction Robotics Western Europe

Kewazo Raises $5M in Series A Funding

– Kewazo is a Munich, Germany-based construction technology company.
– Company raised $5M in Series A funding.
– The round was led by True Ventures with participation from MIG AG.
– The new investment will be aimed at expanding operations and business reach.

Source
E-Commerce Internet Mineral Mining Precious Metals Western Europe

Open Mineral Raises $33M in Series C Funding

– Open Mineral develops a blockchain-based platform for the supply chain of raw materials.
– Series C round $33m brings company valuation to $120m.
– The round was led by Mubadala Investment Company with participation from existing investors Xploration Capital and Emerald Technology Ventures and new investors Statkraft and Lingfeng Capital.
– The new investment will be aimed at accelerating its growth, solidifying its physical supply chain merchant activities, and advancing its position in digitizing metal raw material trading.

Source
Artificial Intelligence Industrial Automation Machine Learning Robotics Western Europe

Agile Robots Closes US$220M Series C Financing

– Agile Robots from Munich, Germany and Beijing, China develops intelligent robotics.
– The company completed a Series C financing with a total investment of US$220m.
– The round was led by SoftBank Vision Fund 2 with participation from GL Ventures, Sequoia China and Linear Capital, and strategic investors including Xiaomi Group, Foxconn Industrial Internet, and Midas.
– Proceeds from the round will be mainly used for the company’s product development, mass production and global sales business expansion.

Source
Financial Services Software Western Europe

Integrated Finance Raises £2M in Seed Funding

– Integrated Finance is a London UK-based fintech infrastructure startup.
– The company raised £2M in Seed funding.
– The round was led by Octopus Ventures with participation from 500 Start-Ups, SuperSeed Ventures, and prominent Angels Chris Adelsbach, Srin Madipalli, and John Erdimansinga.
– The company intends to use the funds to increase product and engineering teams to further develop its platform, alongside building its commercial team to support the growth of new and existing customers.

Source
E-Commerce Logistics Shipping Western Europe

Sendcloud Raises $177 Million in Series C Funding to Accelerate Growth of its All-In-One Shipping Platform

– Sendcloud announced it has closed a $177m Series C financing.
– The funding round was led by Softbank Vision Fund 2 with a significant strategic investment from L Catterton and participation from HPE Growth.
– Sendcloud helps online businesses fully optimize their shipping process while delivering a superior end-shopper experience.

Source
Biopharma Biotechnology Therapeutics Western Europe

TreeFrog Therapeutics Raises $75M In Series B Financing

– TreeFrog Therapeutics, a Bordeaux, France-based biotech startup focused on developing stem cell-derived cell therapies for millions of patients, closed a $75m (€64M) Series B financing round, bringing the total funding to date to $83m (€70m).
– The round was led by Bpifrance Large Venture, part of the French Public Investment Bank, joined by U.S. investment firm Leonard Green & Partners L.P., global pharmaceutical company Bristol Myers Squibb, and European venture capital team XAnge.
– The company intends to use the funds to deploy biomimetic C-StemTM technology for clinical-grade manufacturing, grow and advance to the clinic a comprehensive pipeline of cell therapies, and finance the opening of technological hubs in Boston, MA, and Kobe, Japan.

Source
E-Learning Medical Device Western Europe

Numan Raises $40M in Series B Funding

– Numan is a digital platform for men’s health.
– Company raised $40m in Series B funding.
– The round was led by White Star Capital, with participation from existing investors Novator, Vostok New Global, Anthemis Exponential and Colle Capital, and new investor Hanwha Dream Fund.
– The new investment will be used to continue to expand operations and its business reach, as well as the therapeutic areas it covers.

Source
Financial Services FinTech Logistics Western Europe

Vector.ai’s productivity platform for freight forwarders raises $15M A round led by Bessemer

– Vector.ai, a freight forwarding platform, raised $15m in Series A funding.
– The round was led by Bessemer Venture Partners and joined by existing investors Dynamo Ventures and Episode 1.
– The company plans to accelerate its international expansion plans as an automated system for freight forwarders.

Source
Financial Services FinTech Western Europe

MODIFI Valuation Increases to $120M as Global Fintech Company Raises $24M in Equity

– MODIFI announced $24M in funding, which brings its valuation to more than $120M.
– The round was led by Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San Paolo.
– Existing investors also participated significantly, including Global Founders Capital, Maersk Growth, and Picus Capital.
– The funds will be used to grow MODIFI’s digital trade finance platform for SMBs (small-to-medium businesses) into a global trade management hub.

Source
E-Learning EdTech Education Search Engine Tutoring Western Europe

Tutorful Raises £3M in Funding

– Tutorful, a Sheffield, UK-based edtech platform for parents and students to find online tutors, raised £3m in funding.
– The funding was provided by Mercia’s Northern Venture Capital Trust (VCT) funds and NPIF – Mercia Equity Finance.
– The company intends to use the funds to continue to further enhance the platform, expand into new international markets and create around 27 additional jobs at its Sheffield headquarters.

Source
Financial Services FinTech Identity Management Software Western Europe

PassFort Secures $16.2M in Series A Funding

– PassFort is a London, UK-based SaaS RegTech platform.
– The company raised 16.2m USD in Series A funding.
– The round was led by Level Equity, with participation from existing investors OpenOcean, Episode 1 and Entrepreneur First. $4.89m worth of venture debt was also provided by Shard Credit Partners.
– The new investment will be used to expand the company’s global growth plans.

Source
Billing Cloud Computing Enterprise Software SaaS Software Western Europe

Billogram, provider of a payments platform specifically for recurring billing, raises $45M

– Billogram, a recurring billing platform, raised $45m in funding.
– The round was led by Partech and will be used to help the Stockholm-based startup expand from its current base in Sweden to six more markets, including Germany, Norway, Finland, Ireland, France, Spain and Italy.
– The company got its start working with SMBs in 2011 but pivoted some years later to working with larger enterprises, which make up the majority of its business today.
– It’s not surprising to see Stripe and others wanting to move in the area of more complex, recurring billing services.

Source
Artificial Intelligence Call Center Customer Service Enterprise Software Machine Learning Software Western Europe

AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures

– PolyAI, a voice assistant company, raised $15m funding.
– The round was led by Silicon Valley’s Khosla Ventures, and joined by Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital and Entrepreneur First.
– It brings PolyAI to a valuation of $100m.
– PolyAI claims its voice assistant can be turned live more quickly, in more languages, and charges on a per-minute basis.

Source
Biotechnology Health Care Western Europe

PetMedix Raises $37M in Series B Funding

– PetMedix, a Cambridge UK-based animal health company, raised $37M in Series B funding.
– The round was led by Tencent and Kyoritsu Holdings with participation from Digitalis Ventures, Parkwalk Advisors and Cambridge Innovation Capital.
– The company intends to use the funds to advance its innovative pipeline through clinical development.

Source
Finance Financial Services FinTech Insurance InsurTech Western Europe

UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance

– Marshmallow, a U.K.-based car insurance provider, raised $85m in a new round of funding.
– The company is valued at $1.25bn.
– The plan now is to deepen its relationships with customers, in part by providing more engagement to make them better drivers, but also potentially selling more services to them, too.
– The average age of Marshmallow’s customers is 20 to 40.

Source
Analytics Digital Marketing Marketing SaaS Western Europe

Customer data platform Zeotap raises $11M more

– Zeotap, a customer data platform (CDP) headquartered in Berlin, Germany, announced that it closed a $11 million extension to its series C round, bringing its total capital raised to $90 million.
– Participating investors included Liberty Global Ventures, which CEO Daniel Heer says will support Zeotap as it invests in product R&D and workforce expansion.
– The adoption of CDPs is expected to grow as companies look to better use data to improve customer experiences. While some research suggests that CDP uptake has been hampered by data immaturity, the global CDP market is anticipated to reach $15.3 billion in value by 2026.

Source
E-Commerce Information Technology Internet Mobile Payments Retail Western Europe

Scalapay Raises $155M Series A at a $700M valuation led by Tiger Global to Provide BNPL Globally

– Scalapay, a leading payment solution in Southern Europe that enables customers to buy now and pay later (BNPL) without interest, today announced that it has raised $155M in equity funding as part of their Series A investment round.
– The round was led by Tiger Global, with participation from Baleen Capital and Woodson Capital.
– The new investors join existing investors Fasanara Capital and Ithaca Investments.
– The new funding will go towards Scalapay’s growing team and operations.

Source
Computer Information Technology Semiconductor Western Europe

ZeroPoint Technologies Raises €2.5M in Seed Funding

– ZeroPoint Technologies, a Gothenburg, Sweden-based company focused on memory compression available, raised €2.5M in Seed funding.
– The round was led by Nordic VC Industrifonden.
– The company intends to use the funds to grow their customer base in North America and Asia Pacific, develop new products, and expand its engineering team in Sweden.

Source
Life Science Pharmaceutical Western Europe

Provepharm Life Solution Raises €120M in Funding

– Provepharm Life Solutions, a Marseille-based pharmaceutical company that finds new applications for known molecules.
– The company raised €120M in funding.
Tikehau Capital will provide the funds joining the group’s pool of banking investors, including Société Générale, BNP Paribas, Banque Populaire Méditerranée, Crédit Agricole Alpes Provence and Bpifrance.
– The new investment will be used to consolidate its position as an international and independent pharmaceutical group, specifically by hiring new staff in France and the United States, and increasing the size of its laboratories in Marseille.

Source
Computer Software Western Europe

Airship Services Raises £500K in Funding

– Airship Services from Sheffield develops hospitality software.
– The company raised £500k in funding.
NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF), provided the funding.
– The new investment will be used to expand operations and business reach.

Source
Beauty Western Europe

Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business

– Beauty Pie, a beauty startup, raised $100m in Series B funding.
– The round was led by Index Ventures and Insight Partners, with previous backers Balderton Capital, General Catalyst and Latitude VC also participating.
– Beauty Pie, founded in 2016, has now raised $170m to date.

Source
Information Technology Software Western Europe

Culture Shift Raises £1.5M in Funding

– Culture Shift, a Manchester UK-based HR tech firm helping to prevent workplace bullying, raised £1.5M in funding.
– The round was led by Praetura Ventures and Blackfinch Ventures.
– The new investment will be used to make a significant number of new hires in Manchester, and expand into new markets across the UK to enable more UK organisations to proactively improve culture.

Source
Computer Software SaaS Western Europe

Corti.ai Raises $27 Million in Series A Funding to Transform Patient Consultations With Artificial Intelligence

– Corti.ai, one of the leading SaaS companies in the fast-growing category of Artificial Intelligence for healthcare, announces a $27 Million Series A round.
– The company was founded by Lars Maaløe and Andreas Cleve in 2016.
– Unlike the majority of Artificial Intelligence startups that are pursuing image recognition use cases, Corti has focused on improving the workflow around patient consultations.
– Corti’s machine learning platform can listen in during patient consultations and help to document, code, and quality assure the interaction in real-time, saving time and reducing risk.

Source
E-Commerce Platforms Facility Management Professional Services Western Europe

Batmaid Raises €23M in Series B Funding

– Batgroup, the parent company of Batmaid, a Lausanne, Switzerland-based provider of online cleaning services, raised €23M in Series B funding.
– The round was led by Aevis Victoria.
– The company intends to use the funds for its international expansion into 21 cities in 15 countries.

Source
Big Data Cloud Computing Life Science Software Western Europe

Seqera Labs grabs $5.5M to help sequence COVID-19 variants and other complex data problems

– Seqera Labs, a Barcelona-based data orchestration and workflow platform tailored to help scientists and engineers order and gain insights from cloud-based genomic data troves, as well as to tackle other life science applications that involve harnessing complex data from multiple locations, has raised $5.5 million in seed funding.
Talis Capital and Speedinvest co-led this round, with participation also from previous backer BoxOne Ventures and a grant from the Chan Zuckerberg Initiative.

Source
Apps Hardware Software Wearables Western Europe

Women’s health tech brand, Elvie, tops up Series C to $97M

– Elvie, a women’s health tech company, raised $97m in Series C funding.
– The round was led by BGF and BlackRock alongside existing investors including Octopus Ventures.
– It brings Elvie to a valuation of $1.2 billion.
– The Series C will be used to drive more growth through geographical expansion (including entering new markets) and diversifying its product portfolio to target other “key stages” in women’s lives.

Source
B2B Business Information Systems Employee Benefits Human Resources Productivity Tools SaaS Small and Medium Businesses Software Western Europe

Factorial Closes a Series B Funding Round with $80 Million

– Factorial, a Barcelona-based HR software company that streamlines people management, has closed an $80m Series B funding round led by Tiger Global Management, with participation from previous investors CRV, Creandum, Point Nine, K Fund, and Columbia Lake Partners bringing the total funding amount to $100m.
– Factorial, which serves thousands of clients in more than 65 countries, has been ranked among the Top 10 most promising startups in Europe. With the new funds, Factorial will expand to new markets, opening offices in the USA and Brazil.

Source
Industrial Manufacturing Information Technology Manufacturing Marketplace Western Europe

Fractory Raises €7.5M in Series A Funding

– Fractory is an online metal fabrication platform based in Manchester.
– The company raised €7.5m in Series A funding.
– The round was led by OTB Ventures, with support from existing investors including Trind Ventures, Superhero Capital, United Angels VC, Startup Wise Guys and Verve Ventures.
– The new investment will be used to expand its operations internationally and accelerate the development of its technology offering.

Source
Apps Food and Beverage Western Europe

Olio Raises $43M in Series B Funding

– Olio is a London UK-based community sustainability app.
– Company raised $43M in Series B funding.
– The round was led by VNV Global and Lugard Road Capital with participation from Accel, Octopus Ventures, Rubio, Jason Stockwood, Lord Waheed Alli, DX Ventures, Alumni Ventures and Flight Ventures.
– The new investment will be used to accelerate the company’s international expansion and development of new products.

Source
Emergency Medicine Health Care Health Diagnostics Medical Device Western Europe

Owlstone Medical Raises $58M in Funding

– Owlstone Medical is a Cambridge UK-based global leader in Breath Biopsy® for applications in early disease detection and precision medicine.
– Company raised $58m in funding.
– The round was led by Horizons Ventures, which now takes a seat on Owlstone Medical’s Board, and is joined by other existing and high-profile new investors from Asia, the Middle East and the United States.
– The new investment will be used to accelerate the company’s commercialization of its Breath Biopsy tests.

Source
Human Resources Recruiting Western Europe

Veremark Raises $2.8M in Seed Funding

– Veremark is a global pre-employment screening service for companies to verify employee credentials.
– The company raised $2.8m in seed funding.
– Backers included follow-on investors ACF Investors, Triple Point Ventures and SOV Ventures, new institutional investor Vulpes Investment Management in Singapore where Veremark has an office alongside other regional presence in London, India, Philippines, Hong Kong and Australia, as well as Prasanna Sankar, co-founder of US HR Tech Unicorn Rippling; Drew Austin, the founder of recently acquired HR chatbot solution Wade & Wendy; Rika Christanto an angel/seed investor and part of the Accel Starter program who also participated in the round, and UK Regtech entrepreneur Charlie Delingpole, who founded ComplyAdvantage, one of the Veremark’s clients.
– The company, which has raised $3.8m in total funding to date, intends to use the funds to expand in the pre-employment screening market (reportedly worth $16bn per year), and to offer both a standalone web platform, as well as an API offering that lets other service providers plug the Veremark’s verification engine into their service and instantly provide pre-employment screening services to their clients.

Source
Artificial Intelligence Big Data Health Care Health Diagnostics Machine Learning Medical Medical Device Software Software Engineering Western Europe

contextflow Raises €6.7M in Series A Funding

– contextflow from Vienna develops artificial intelligence for medical image analysis.
– A second closing included an additional €2M from new co-investor Peak Pride Management GmbH, HPH (Hans Peter Haselsteiner) Start-up Unit and current investor APEX Ventures with its “APEX Best in Class” fund. A first closing was led by B&C Innovation Investments GmbH (BCII) and included participation from new co-investor TTIP Beteiligungs GmbH and current investors APEX Ventures, Crista Galli Ventures, IST cube, Nina Capital and Novacapital.
– The new investment will be used to accelerate market entry in Europe and the US, including obtaining FDA clearance for contextflow SEARCH Lung CT, as well as extending its offerings to include new products and features covering a wider range of organs and modalities.

Source
Biotechnology Clinical Trials Life Science Western Europe

EnteroBiotix Raises $21M in Series A Funding

– EnteroBiotix is a biopharmaceutical company based in Glasgow, Scotland.
– The company raised $21m in Series A funding.
– The round was led by Thairm Bio with participation from Kineticos Ventures, Scottish Enterprise and SIS Ventures.
– The new investment will be used to advance the company’s microbiome drug pipeline and product development and manufacturing capabilities and grow its headcount to around 50.

Source
Biotechnology Life Science Western Europe

ILC Therapeutics Announces Successful Completion of £3.5m Funding Round

– ILC Therapeutics, a UK-based biotechnology company and pioneer in the discovery and development of a ground-breaking new class of interferon drugs, announces the successful completion of a £3.5m funding round.
– Investors include Los Angeles-based lawyer and investor, Robert Kopple; St Andrews-based Eos Angel Investment Syndicate; Scottish Enterprise; ILCT management.
– Chairman Peter Bains said: “We are very pleased to complete this important funding round and to strengthen the Board with the appointment of Robert Kopple, Professor David Harrison and Chris Brinsmead. With this funding in place, ILCT is now well positioned to strengthen its novel technology platform and to advance its lead candidate, Alfacyte™ through IND enabling studies in preparation for clinical trials as an anti-viral therapeutic for Covid 19.

Source
Analytics Information Technology Western Europe

Mobius Labs nabs $6M to help more sectors tap into computer vision

– Mobius Labs, a Berlin-based computer vision training platform, raised €5.2m funding.
– The round was led by Ventech VC and joined by Atlantic Labs, APEX Ventures, Space Capital, Lunar Ventures plus some additional angel investors.
– The startup offers an SDK that lets the user create custom computer vision models fed with a little of their own training data — as an alternative to off-the-shelf tools which may not have the required specificity for a particular use-case.
– It also flags a ‘no code’ focus, saying its tech has been designed with a non-technical user in mind.
– Mobius Labs — which was founded back in 2018 — now has 30 customers using its tools for a range of use cases.

Source
1 2 3 14 15 16
Crunchbase icon

Content report

The following text will be sent to our editors: