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 September providing details on each deal. You can find below a list of startups and scaleups from Europe that received funds during September.
PanTera, €100.2M in a Series A
Location: Antwerp, Belgium
Founded in: 2022
Total funding received: €134M
Recent funding resources: EQT Life Sciences, Eurazeo, Ion Beam Applications, Korys, Kurma Partners, Paladin, PMV, SFPIM
Antwerp-based pharmaceutical startup PanTera, specializing in actinium-225 for personalized cancer treatments and radiopharmaceuticals, has secured €100.2 million in a Series A funding round. The funds will enable large-scale, reliable production of Actinium-225 ahead of its anticipated commercialization in
radiopharmaceuticals.
Celestia, €89.3M
Location: Vaduz, Liechtenstein
Founded in: 2019
Total funding received: €139.8M
Recent funding resources: 1kx, Bain Capital Crypto, Placeholder, Robot Ventures, Syncracy Capital
Vaduz-based startup Celestia, which offers a modular blockchain network that allows deploying blockchains without starting a new consensus network, has raised €89.3 million in a funding round led by Bain Capital.
Distribusion Technologies, € 71.4M in a Series C
Location: Berlin, Germany
Founded in: 2012
Total funding received: € 106.6M
Recent funding resources: Lightrock, TQ Ventures
German startup Distribusion Technologies, which offers technology solutions connecting global ground transportation providers to travel retailers, has raised €71.4 million in a Series C funding round led by TQ
Ventures. The funds will support the company’s global expansion and investment in advanced retailing
technologies.
Marvel Fusion, €62.8M in a Series B
Location: Munich, Germany
Founded in: 2019
Total funding received: €100.7M
Recent funding resources: b2venture, Bayern Kapital, Deutsche Telekom, HV Capital, SPRIN-D, Tengelmann Ventures
Munich-based Marvel Fusion, which develops fusion energy technology using advanced laser-based reactors to deliver clean, safe, and reliable energy, has raised €62.8 million in a Series B funding round to accelerate the development of its commercial fusion power plant.
Formo, €54.5M in a Series B
Location: Berlin, Germany
Founded in: 2018
Total funding received: €103M
Recent funding resources: Elevat3 Capital, EQT Ventures, FoodLabs, Grazia Equity, Happiness Capital, Indiposa Investments, Lowercarbon Capital, M Ventures, Rewe Group, Sazaby League, SevenVentures, The Nature Conservancy, Woodline Partners
Berlin-based animal-free startup Formo develops animal-free dairy products using nature-identical milk proteins derived from precision fermentation. In September, the startup raised €54.5 million in a Series B funding round to expand internationally, diversify its product range, drive revenue growth, and achieve net profitability by 2027.
Form3, €55.1M in a Series C
Location: London, the UK
Founded in: 2016
Total funding received: €268M
Recent funding resources: 83North, Barclays, British Patient Capital, Goldman Sachs, Mastercard, Molten Ventures, Visa
London-based cloud-native payments-as-a-service platform Form3, which designs, builds, and manages payment technology, has secured €55.1 million in a Series C funding round. This funding will enable Form3 to develop new products and services to support exponential growth in key markets, including the UK, Europe, and the US.
Qualifyze, €48.3M in a Series B
Location: Frankfurt, Germany
Founded in: 2019
Total funding received: €76.6M
Recent funding resources: Cherry Ventures, H14, HarbourVest Partners, HV Capital, Insight Partners
Frankfurt-based Qualifyze, which offers a digital platform for supply chain risk management in the life sciences sector, secured €48.3 million in a Series B funding round in September. This funding aims to expand its operations into the US market, continue investing in its go-to-market strategy, and enhance its technology to improve global supplier risk management.
Genespire, €46.6M in a Series B
Location: Milan, Italy
Founded in: 2019
Total funding received: €62.6M
Recent funding resources: CDP Venture Capital, Indaco Venture Partners, Sofinnova Partners, XGEN Venture
Milan-based biotechnology company Genespire develops durable gene therapies for genetic diseases, focusing on primary immunodeficiencies and inherited metabolic disorders. In September, the startup raised €46.6 million in a Series B round to advance GENE202, its lead candidate, into Phase I/II clinical trials for MMA, a severe genetic disorder that affects amino acid and fat metabolism.
Essor, €44.7M
Location: Paris, France
Founded in: 2020
Total funding received: €240M
Recent funding resources: C4 Ventures, Declaration Partners, Khosla Ventures, PremjiInvest, Target Global, The Raine Group
Paris-based consumer products platform Essor leverages technology, industry expertise, and strategic partnerships to drive growth and elevate brands beyond expectations. The startup has raised €44.7 million in a recent funding round to support its expansion and innovation efforts.
CorFlow Therapeutics AG, €44M in a Series B
Location: Zug, Switzerland
Founded in: 2016
Total funding received: €59.2M
Recent funding resources: 415 Capital, Broadview Ventures, KOFA Healthcare Investments, Laerdal Million Lives Fund, M&L Healthcare Investments, Monte Carlo Capital, Merieux Equity Partners, Panakes Partners, Unorthodox Ventures, Wellington Partners
Swiss startup CorFlow, which develops the CoFI System to improve microvascular assessment and therapy delivery for heart attack patients, has secured €44 million in a Series B funding round to advance its novel diagnostic and drug delivery platform aimed at enhancing treatment outcomes for heart attack patients.
Doccla, €42.1M in a Series B
Location: London, the UK
Founded in: 2019
Total funding received: €64.6M
Recent funding resources: Bertelsmann Investments, Elaia, General Catalyst, Lakestar, Speedinvest
London-based healthcare startup Doccla is creating a virtual hospital ward that allows remote patient monitoring using medical-grade IoT devices, enabling care outside hospitals. The company has secured €42.1 million in a Series B funding round, which will be used to expand its geographic reach and enhance its presence in life sciences.
Quantum Systems, €36.4M in a Series B
Location: Gilching, Germany
Founded in: 2015
Total funding received: €186M
Recent funding resources: Notion Capital, Porsche Automobil Holding
German aerial data intelligence startup Quantum Systems, known for developing advanced eVTOL UAVs for defense, security, humanitarian, and geospatial operations, has raised €36.4 million in a Series B funding round to support global expansion, technology advancements, production scaling, and R&D efforts.
MANUAL, €35.1M
Location: London, the UK
Founded in: 2018
Total funding received: € 67.5M
Recent funding resources: Cherry Ventures, Felix Capital, Octopus Ventures
London-based MANUAL is a digital healthcare clinic that provides comprehensive treatment for conditions such as hormonal imbalances, obesity, and hair loss, offering personalized care to improve patient outcomes. The startup has raised €35.1 million in funding, which it plans to use to enhance patient health outcomes further, invest in technology, and accelerate its expansion across Brazil.
Neat, €30M in a Series A
Location: Bordeaux, France
Founded in: 2022
Total funding received: €49.3M
Recent funding resources: Alma Mundi Ventures, Athletico Ventures, ETFS Capital, Hedosophia
French startup Neat, specializing in embedded insurance, provides solutions that allow merchants to offer integrated insurance products and boost revenue without incurring integration costs. In September, the company secured €30 million in a Series A funding round to accelerate its global expansion and strengthen its presence in France.
Raycast, €27M in a Series B
Location: London, the UK
Founded in: 2020
Total funding received: € 42.8M
Recent funding resources: Accel, Atlassian Ventures, Atomico, Coatue, World Innovation Lab, Y Combinator
London-based Raycast is a productivity platform that provides a fast, ergonomic launcher with powerful tools for streamlined workflow management. The startup secured €27M in a Series B round to expand its platform to Windows and iOS.
Apron, €26.4M in a Series B
Location: London, the UK
Founded in: 2021
Total funding received: €44.5M
Recent funding resources: Bessemer Venture Partners, Index Ventures, Tony Fadell, Visionaries Club, Zinal Growth
London-based startup Apron, which simplifies and digitizes the payment process for small businesses by streamlining invoice management and cash flow, has raised €26.4 million in a Series B funding round. The capital will enable the startup to further simplify the payment process for more businesses, helping them succeed.
Notpla, €24M in a Series A
Location: London, the UK
Founded in: 2014
Total funding received: €43.2M
Recent funding resources: Astanor Ventures, EIT Food, Horizons Ventures, Kibo Invest, Ocean Born Foundation, Temasek Trust Capital, The Schmidt Family Foundation, Trousdale Ventures, UB FIGG
London-based Notpla develops sustainable, biodegradable packaging solutions from seaweed and plants and has raised €24 million in a Series A funding round. The funds will help advance the company into a new era of plastic-free materials and contribute to a healthier planet.
Ferovinum, €20.8M in a Series A
Location: London, the UK
Founded in: 2018
Total funding received: €26.1M
Recent funding resources: Notion Capital, Semapa Next, Shapers
London-based Ferovinum, which develops a working capital platform that helps wine and spirits businesses convert their inventories into on-demand financing, has raised €20.8 million in a Series A. This new equity funding will enable the company to continue investing in its platform's capabilities for UK drinks companies, as well as expand its offerings in the EU and US.
TriLite Technologies, €20M in a Series A
Location: Vienna, Austria
Founded in: 2011
Total funding received: €28.2M
Recent funding resources: APEX Ventures, B&C Innovation Investments, Continental Venture Capital, TEC Ventures
Vienna-based TriLite Technologies, which designs ultra-small projection displays for lightweight augmented reality eyewear using advanced laser beam scanning technology, has secured €20 million in a Series A funding. This investment will be used to qualify and industrialize their LBS optical engine for consumer AR systems and automotive applications.
Brightflow, €16.5M in a Series A
Location: Paris, France
Founded in: 2020
Total funding received: €16.5M
Recent funding resources: VIVES Partners, Majycc Innovation Santé, BNP Paribas Development, GO Capital, Karista
Paris-based medical device company Brightflow has raised €16.5 million in a Series A funding round led by VIVES Funds. The new capital will help the startup accelerate its key strategic goals through early 2026, including completing product development and beginning the first implantations of its percutaneous right ventricular assist device.
Tuio, €15M in a Series A
Location: Madrid, Spain
Founded in: 2020
Total funding received: €18.2M
Recent funding resources: BAMCAP, BlackRock, Extension Fund, MassMutual Ventures
Spanish insurtech Tuio, offering digital home insurance solutions, has secured €15 million in a Series A round. The funds will enable Tuio to enhance its digital strategy, roll out new insurance products, grow its team, and pursue international expansion opportunities.
tem., €12.6M in a Series A
Location: London, the UK
Founded in: 2021
Total funding received: €15.2M
Recent funding resources: AlbionVC, Atomico, Harsh Sinha, Holly Branson, Nilan Peiris, Revent, Sam Branson
London-based tem., which developed Renewable Energy Direct (RED), a platform connecting businesses with renewable energy generators, has raised €12.6 million in a Series A round in September. The funds will help tem. grow its team, improve its platform, and make affordable renewable energy available to all businesses.
Jump, €11M in a Series A
Location: Paris, France
Founded in: 2021
Total funding received: over €15M
Recent funding resources: Athletico Ventures, Breega, Index Ventures, Inovexus, Mozza Angels, Raise Ventures, Roosh Ventures, SideAngels
Jump develops a platform for freelancers, providing a range of services, including permanent contracts, social protection, loans, health insurance, and tools to streamline administrative and financial tasks.This fundraising will allow the French startup to accelerate its growth and roll out its innovative model across France and Europe, including the UK.
Convergence Labs, €10.8M in a pre-seed round
Location: Altrincham, the UK
Founded in:
Total funding received: €10.8M
Recent funding resources: Balderton Capital, Salesforce Ventures, Shopify Ventures
Convergence focuses on developing advanced AI agents designed to automate workflows across different tasks. The company’s flagship product, called Proxy, aims to create a more generalized AI assistant. The company will utilize the fresh funding to develop its technology further and enhance the capabilities of its Proxy agents.
PhoreMost, €10.8M in a Series B
Location: Cambridge, the UK
Founded in: 2014
Total funding received: more than €68.7M
Recent funding resources: Amadeus Capital Partners, Astellas Venture Management, Business Growth Fund, Parkwalk Advisors
PhoreMost is the biopharmaceutical company that develops SITESEEKER platform. The platform can pinpoint optimal therapeutic targets for any selected disease context and determine approaches to create drugs for these targets. The €10.8 million funding was led by BGF, and will help startup to further develop its technology.
Entalpic, €8.5M in a seed round
Location: Paris, France
Founded in: 2024
Total funding received: €8.5M
Recent funding resources: Breega, Cathay Innovation, Felicis, and business angels
Entalpic develops AI platform that is designed to generate and evaluate new materials and molecules that could replace outdated industrial chemical processes. Using the fresh investment, the startup plans to establish collaborations with key industry leaders. With operations in France, Germany, and Canada, it also wants to expand into the US and Asia.
Smalt, €8M in a seed round
Location: Berlin, Germany
Founded in: 2023
Total funding received: €12.1M
Recent funding resources: General Catalyst, HEARTFELT, noa, Owl Ventures
Smalt itself as the first talent development and technology services platform for the green trades sector, combining workforce development with a service delivery model to boost labor supply and productivity for the energy transition. The new funding will allow Smalt to expand into the commercial PV market and grow in southern Germany and beyond, addressing Europe’s labor shortages in renewable energy.
Puraffinity, over €8M in a Series A
Location: London, the UK
Founded in: 2015
Total funding received: more than €27M
Recent funding resources: Business Growth Fund, HG Ventures, Kindred Capital, Octopus Ventures, Verve Ventures
Puraffinity develops a technology, focusing a on removing PFAS chemicals from water across the residential, commercial, industrial, municipal and environmental services market sectors. The company will invest the Series A proceeds in manufacturing, accelerate its commercial business as well strengthen its R&D capabilities to develop new products.
Kestra Technologies, €7M in a Series A
Location: Paris, France
Founded in: 2021
Total funding received: €9.8M
Recent funding resources: Alven, ISAI Venture, Axeleo Capital, and private investors
Kestra develops an open-source orchestration platform designed to simplify orchestration for both engineers and business users. The current funding will be used to support Kestra's expansion in North America and EMEA, hiring efforts, and growth, with a focus on enterprise-grade functionality and supporting multiple cloud platforms through a vast plugin ecosystem.
Wegrow, €7M in a Series A
Location: Paris, France
Founded in: 2016
Total funding received: €7M
Recent funding resources: Nauta Capital, ScaleFund, Shapr Ventures, She1K, VU Venture Partners, Wille Finance
Wegrow is a software platform that helps organizations efficiently share and implement best practices to boost collaboration and profitability. €7 million investment will enable Wegrow to expand its platform beyond marketing and sales, introducing AI-driven, customized solutions for finance, supply chain, R&D, and human resources teams.
Lightium, €6.3M in a seed round
Location: Zurich, Switzerland
Founded in: 2023
Total funding received: €9M
Recent funding resources: Lakestar, Vsquared Ventures
Lightium helps companies develop advanced light-based circuits using its thin-film technology. The startup offer fast, cost-effective solutions for industries like telecom, quantum computing, AI, and space. The financing, led by Vsquared Ventures and Lakestar, will accelerate the commercialisation of Lightium’s foundry services.
Samp, €6M
Location: Paris, France
Founded in: 2019
Total funding received: €10M
Recent funding resources: HTGF | High-Tech Gruenderfonds, Innovacom, Kvanted Ventures, Promus Ventures
Samp develops a patented AI and 3D streaming technology to generate digital twins and optimize the management of existing industrial infrastructures. With the raised capital, thes startup plans to expand its team, particularly by building a sales in France and Europe. Additionally, Samp will continue its R&D efforts in AI and 3D developments while preparing for international expansion.
Moth, €5.5M in a seed round
Location: London, the UK
Founded in: 2021
Total funding received: €5.5M
Recent funding resources: Beringea
Moth is a canned cocktail brand. To date, its products are available in more than 3,000 UK supermarket stores. This round of funding will be used to further solidify Moth’s leadership of the UK market, accelerate growth in the US, and expand its team on both sides of the Atlantic.
Korint, €5M in a seed round
Location: Paris, France
Founded in: 2022
Total funding received: €7M
Recent funding resources: 360 Capital, Ventech
Korint develops an insurance platform that streamlines the process for insurers and brokers to launch new insurance products quickly. The startup aims to address critical issues in the insurance industry by providing digital management tool designed to handle complex B2B insurance policies. With this new funding, Korint plans to enhance its tech and insurance development team to speed up platform development.
Infact Systems, €4.8M in a seed round
Location: London, the UK
Founded in: 2022
Total funding received: €4.8M
Recent funding resources: 13books Capital, AlbionVC, Form Ventures, Outward VC, Portfolio Ventures
Infact provides a single API for lenders to search, report and manage credit information. It has raised €4.8M in seed funding after receiving FCA authorization. The investment will be used to expand its bureau database and enhance its product offerings, helping challenger lenders and banks improve credit evaluation.
Cerrion, €4.5M in a seed round
Location: Zurich, Switzerland
Founded in: 2021
Total funding received: €4.5M
Recent funding resources: 10x Founders, Goat Capital, Rebel Fund, Session.vc, Soma Capital, Y Combinator
Cerrion develops computer vision technology that provides real-time insights into manufacturing processes and detects deviations. With its latest funding, the company aims to expand into Europe and the US, enhancing its platform and boosting its impact on the manufacturing industry.
La Solive, €4M in a seed round
Location: Paris, France
Founded in: 2021
Total funding received: €5.5M
Recent funding resources: Brighteye Ventures, Partech, and business angels
La Solive is an energy renovation school that offers short, intensive training courses to help adults in retraining become energy renovation project managers or qualified craftspeople. The current €4 million funding will enable La Solive to expand by opening up to ten new campuses across France, and to launch certifications for energy renovation professionals by 2026.
QMill, €4M in a seed round
Location: Espoo, Finland
Founded in: 2024
Total funding received: €5M
Recent funding resources: Antler, Kvanted Ventures, Maki.vc
QMill is a quantum computing company committed to making quantum computing practical and accessible for real industrial applications. The company focuses on sectors such as finance, telecommunications, real estate, energy, and supply chain logistics. The new investment will allow QMill to develop resource-efficient quantum algorithms, broaden its service offerings, and recruit around 20 top-tier global talents.
Nopillo, €4M in a seed round
Location: Paris, France
Founded in: 2022
Total funding received: €4M
Recent funding resources: Kima Ventures, Newfund, SIDE Capital, Super Capital VC
Nopillo, a company focused on tax optimization for landlords, has raised €4 million from Kima Ventures, Newfund, SIDE Capital, Super Capital VC. The funding will help Nopillo grow its presence in France’s real estate investment market, offering more accessible tax management solutions.
repath, €3.6M in a seed round
Location: Hamburg, Germany
Founded in: 2021
Total funding received: €5.1M
Recent funding resources: Greencode Ventures, Lightbird, SaaSgarage
Hamburg-based repath, a climate tech company offering SaaS for managing climate risks and reporting, has raised €3.6 million in seed funding. The funds will be used to expand the team, improve asset impact assessments, and develop its AI Adaptation Co-Pilot to enhance the climate resilience of energy infrastructure.
Low Carbon Materials, €3.6M
Location: Durham, the UK
Founded in: 2019
Total funding received: €3.6M
Recent funding resources: Ada Ventures, Green Angel Ventures, Northstar Ventures
Durham-based Climate tech startup Low Carbon Materials (LCM) produces carbon-negative aggregates, OSTO® for concrete and ACLA® for asphalt, offering sustainable alternatives for the construction sector. LCM has secured €3.6 million in funding to scale production and accelerate growth.
ContextSDK, €3.6M in a seed round
Location: Vienna, Austria
Founded in: 2023
Total funding received: €3.6M
Recent funding resources: First Momentum Ventures, Heracles Capital, Speedinvest
Vienna-based ContextSDK uses real-world user information and machine learning to provide personalized notifications and content. The company has raised €3.6 million in a seed round led by Speedinvest. With this funding, ContextSDK plans to launch its platform in the US and aims to process over 40 billion events for its machine-learning models by 2025.
Sirius, €3.6M in a seed round
Location: Berlin, Germany
Founded in: 2020
Total funding received: €3.6M
Recent funding resources: Angel Invest, Fund F, Market One Capital, New Renaissance Ventures, Silicon Gardens
Berlin-based music tech startup Sirius, which offers a cutting-edge video conferencing system for one-on-one online music lessons, has raised $4 million in a seed funding round led by Market One Capital. The funds will be used to integrate AI into its platform to streamline administrative tasks for music teachers, create personalized lesson plans, and provide interactive feedback, while also expanding its engineering and marketing teams to enhance product development.
InSpek, €3.5M in a seed round
Location: Palaiseau, France
Founded in: 2021
Total funding received: €6M
Recent funding resources: Breega, Quantonation, Wind Capital
French nanotechnology research startup InSpek, which develops next-generation biological and chemical monitoring systems using integrated photonics technology, has raised €3.5 million in a seed round to accelerate biomanufacturing.
VidLab7, €3.5M in a seed round
Location: Munich, Germany
Founded in: 2024
Total funding received: €3.5M
Recent funding resources: EQT Ventures
Munich-based VidLab7, which leverages AI to transform sales processes through synthetic media and generative AI technologies, has secured €3.5 million in a seed funding round led by EQT Ventures. The funding will be used to accelerate product development, enhance AI capabilities, and bring its innovative solutions to market.
become.1, €3.3M in a seed round
Location: Heidelberg, Germany
Founded in: 2019
Total funding received: €3.2M
Recent funding resources: D11Z.Ventures, Haufe Group Ventures, HTGF | High-Tech Gruenderfonds, MBG Baden Wuerttemberg, and private investors
German startup become.1 simplifies employee benefits by allowing employees to choose how to use their employer's benefits budget through a modular cafeteria system, integrating with existing HR and payroll systems. In September, the startup secured €3.3 million in a seed round to revolutionize the management and utilization of employee benefits.
Desia, €2.9M in a seed round
Location: London, the UK
Founded in: 2024
Total funding received: €2.9M
Recent funding resources: 2100 Ventures, Dig Ventures, Exor Ventures, Foreword Ventures, Launchbay Capital, Mark Ransford, Massimo Della Ragione, Niccolo Maisto, Octopus Ventures, Plug and Play Tech Center
London-based fintech startup Desia has raised €2.9 million in a pre-seed funding round led by Dig Ventures. The company provides AI-driven solutions for productivity, automation, and analytics in the financial sector. This funding will help Desia develop a system for more organized and detailed investment analyses and support its expansion plans into the UK, US, and Continental Europe.
Zive, €2.8M in a pre-seed round
Location: Hamburg, Germany
Founded in: 2023
Total funding received: €2.8M
Recent funding resources: Headline
German enterprise AI platform Zive, which organizes company knowledge and leverages AI technology for easy employee access to information, has secured €2.8 million in a pre-seed round to develop the standard for enterprise AI, tapping into the underutilized potential of internal company knowledge.
Symphera, €2.5M in a seed round
Location: Munich, Germany
Founded in: 2023
Total funding received: €2.5M
Recent funding resources: Bayern Kapital, Carma Fund, HTGF | High-Tech Gruenderfonds, IRCAD, Stern Stewart Ventures, UnternehmerTUM
Munich-based Symphera has raised €2.5 million in a seed funding round led by HTGF | High-Tech Gründerfonds. The startup is developing an all-in-one surgical system designed to make minimally invasive procedures more efficient, aiming to transform laparoscopic surgery.
Skillvue, €2.5M ina pre-seed round
Location: Milan, Italy
Founded in: 2021
Total funding received: €2.9M
Recent funding resources: 14Peaks Capital, Italian Founders Fund, Ithaca 3, K Fund, Orbita Verticale
Milan-based HRtech startup Skillvue has raised €2.5 million in a pre-seed round. The startup develops a platform that helps companies objectively assess and match the skills of candidates and employees for recruitment, development, and internal mobility. The funding will be used to grow its team, particularly in AI, improve operations in Italy, and expand into international markets.
Involve Space, €2.5M in a seed round
Location: Erba, Italy
Founded in: 2018
Total funding received: €2.9M
Recent funding resources: Cassa Depositi e Prestiti, Earlybird Venture Capital, Fondazione CRT, Intesa Sanpaolo, Plug and Play, Takeoff Accelerator, TLI Space, UniCredit
Italian startup Involve Space uses its Stratostats® pseudo-satellite to monitor real-time activities at human speed for infrastructure, natural disasters, traffic, defense, testing, and telecom. The company has raised €2.5 million in a seed round to develop its balloon platforms, improve flight capabilities, grow its team, and strengthen international partnerships.
XRF.ai, €2.3M in a pre-seed round
Location: Telde, Spain
Founded in: 2023
Total funding received: €2.3M
Recent funding resources: GoHub Ventures, JME Ventures, K Fund
Spanish startup XRF.ai has secured €2.3 million in a pre-seed round to enhance its capabilities and accelerate its business plan. The company provides decision-making support by simplifying complex scenarios and visually presenting crucial information, leveraging generative AI to improve clarity and confidence.
Willo, €2.1M
Location: Glasgow, Scotland
Founded in: 2018
Total funding received: €4.8M
Recent funding resources: 1818 Venture Capital and private investors
Scottish startup Willo is a virtual interviewing platform that allows organizations to receive video responses from candidates anywhere, eliminating the need for scheduled calls or meetings. In September, the company secured €2.1 million to continue growing, expand its reach, and enhance its platform for both candidates and employers.
Qura, €2.1M in a seed round
Location: Stockholm, Sweden
Founded in: 2023
Total funding received: €2.1M
Recent funding resources: Cherry Ventures
Swedish legal tech startup Qura has secured €2.1 million in a seed round from Cherry Ventures. Qura's AI search engine helps lawyers quickly navigate millions of legal documents from various sources. The new funding will be used to enhance the platform and expand its legal data collection.
Capsa AI, €2M in a seed round
Location: London, the UK
Founded in: 2023
Total funding received: €2.2M
Recent funding resources: Antler, Chris Adelsbach, Cornerstone VC, Outward VC
London-based startup Capsa AI, which develops an AI operating system to help private equity investors automate tasks, has raised €2 million in a seed round led by Outward VC. With the new capital, Capsa AI plans to enhance its market penetration, expand its team, particularly by recruiting engineering talent and further develop its product.
Turneo, €2M in a seed round
Location: London, the UK
Founded in: 2022
Total funding received: €2.8M
Recent funding resources: Bessemer Venture Partners, Underline Ventures
London-based travel tech startup Turneo, which helps hotels and resorts seamlessly offer and manage in-destination experiences for their guests, has raised €2 million in a seed round led by Bessemer Venture Partners. Turneo plans to enhance its product offerings, expand its global customer base, grow its workforce, and build strategic partnerships with innovative hoteliers worldwide.
Quin AI, €1.8M in a seed round
Location: London, the UK
Founded in: 2020
Total funding received: €2.4M
Recent funding resources: Blackfinch Ventures, Finberg, Logo Ventures, SFC Capital
London-based Quin AI uses generative behavioral AI to analyze and influence customer behavior in real time, helping businesses boost conversions and growth. In September, the startup raised €1.8 million in a seed round, which will be used to expand its behavioral generative AI platform.
Steerlab, €1.7M in a pre-seed round
Location: Paris, France
Founded in: 2023
Total funding received: €1.7M
Recent funding resources: Dreamcraft VC, Heartfelt_, Lumière AI Ventures
Paris-based AI-driven RFP platform Steerlab, which automates and enhances responses to RFPs and security questionnaires while providing insights to improve win rates, has secured €1.7 million in a pre-seed round led by Dreamcraft VC. The new funding will enable Steerlab to intensify its international strategy and position the company as a global leader in its field.
ScubaTx, €1.6M in a seed round
Location: Newcastle upon Tyne, the UK
Founded in:
Total funding received: €3.3M
Recent funding resources: Praetura Ventures
ScubaTx, a life sciences startup developing a new system to preserve human organs, has raised €1.6 million in a seed round. The funding will help accelerate its goal to revolutionize the organ transplantation process, increase the number of donated organs successfully reaching recipients, and grow its workforce.
Twin Science & Robotics, €1.5M
Location: London, the UK
Founded in: 2017
Total funding received: €5.1M
Recent funding resources: APY Ventures, Soulmates Ventures
London-based edtech startup Twin Science & Robotics, specializing in STEM education, has raised €1.5 million in a funding round led by Soulmates Ventures. The investment will support the company's expansion into the US, drive international growth, and strengthen its global operations.
Jinko, €1.4M in a seed round
Location: Saint-denis-de-pile, France
Founded in: 2023
Total funding received: €1.4M
Recent funding resources: 360 Capital, AFI Ventures, Ventech
French healthcare startup Jinko, which provides personalized supportive care for people affected by cancer, has raised€2 million in a funding round led by 360 Capital. The funding will help Jinko expand partnerships in the healthcare sector, boost visibility among medical professionals, and improve its digital platform for more personalized and accessible care.
Webel, €1.4M
Location: Madrid, Spain
Founded in: 2019
Total funding received: over €4.5M
Recent funding resources: Decelera, Goodwater Capital, ZAKA VC
Madrid-based startup Webel, which offers doorstep services like cleaning and beauty, providing convenience for customers and jobs for professionals, has secured €1.4 million in a funding round to strengthen its presence in Spain and expand globally.
Bonx, €1.1M in a pre-seed round
Location: Toulouse, France
Founded in: 2022
Total funding received: €1.6M
Recent funding resources: Dynamo, Lakestar, Prequel Ventures
Toulouse-based Bonx, which offers a no-code, graph-based ERP system to help SMEs efficiently monitor and adapt industrial processes while integrating with existing business software, has raised €1.1 million in a pre-seed round to revolutionize ERP for SMBs.
PROPCORN AI, €600k in a pre-seed round
Location: Vienna, Austria
Founded in: 2024
Total funding received: €600k
Recent funding resources: Calm/Storm Ventures, Hansmen Group, Weilburg Ventures
Vienna-based PROPCORN AI has raised €600,000 in a pre-seed funding round for its AI-driven real estate tool. The startup leverages AI to help clients swiftly identify redensification and new building opportunities, enabling faster and more precise decision-making.
Vivian Lab, €300k in a pre-seed round
Location: Munich, Germany
Founded in: 2023
Total funding received: €300k
Recent funding resources: Eleven Ventures
Munich-based digital health startup Vivian Lab, which provides employer-supported healthcare for women focusing on IVF, endometriosis, and menopause, raised €300,000 in pre-seed funding from Eleven Ventures in September. The funds will be used to enhance the platform, improve user experience, and expand into new markets, with a focus on the DACH region.
