The last month of 2022 has gone, and we are here with the following overview of investments in Europe - we would like to provide you with the TOP European startups that closed funding rounds in December. This month, investors were attracted mainly to the FinTech, Software, Financial Services, Information Technology, Machine Learning, and Analytics sectors.
Let's check out the top 30 December funding rounds in Europe!
Einride
Location: Stockholm, Swede
Launch date: 2016
Funding Round: Series C €188.4M
Funding Source: AMF, EQT Ventures, Norrsken VC, Northzone, Polar Structure, Temasek Holdings
Total funding received: €614.6M
Einride, established in Stockholm in 2016, is a freight technology startup that provides end-to-end solutions for electric and autonomous transportation. Its customers may decarbonize their operations by making a rapid change to digitalized, electric road freight by installing technologies that are integrated and utilizing its data-driven operating system, Saga. AMF, EQT Ventures, Norrsken VC, Northzone, Polar Structure, and Temasek Holdings led Einride’s €188.4M series C funding round.
Mews
Location: London, United Kingdom
Launch date: 2012
Funding Round: Series C €174.3M
Funding Source: Battery Ventures, Derive Ventures, Goldman Sachs, henQ, Kinnevik, Notion Capital, ORBIT Capital, Revaia, Salesforce Ventures, Thayer Ventures
Total funding received: €218.8M
Mews is a cloud-based hotel property management system founded in London in 2012. It provides hotel owners with the ability to create an exceptional guest experience while enhancing the operations and performance of their property through smart automation and an innovative, user-friendly collection of products and services. Battery Ventures, Derive Ventures, Goldman Sachs, henQ, Kinnevik, Notion Capital, ORBIT Capital, Revaia, Salesforce Ventures, and Thayer Ventures joined the recently raised series C round of €174.3M.
Allica Bank
Location: London, United Kingdom
Launch date: 2017
Funding Round: Series C €113.2M
Funding Source: Atalaya Capital, TCV, Warwick Capital LLP
Total funding received: €363.7M
Founded in 2017 in London, Allica Bank is a fintech startup that provides digital banking services to small and medium-sized enterprises by mixing current technology with local community contacts. It is committed to helping, supporting, and inspiring small and medium-sized enterprises to prosper. They just received €113.2M in series C fundraising from Atalaya Capital, TCV, and Warwick Capital LLP.
Choco
Location: Antwerpen, Belgium
Launch date: 2018
Funding Round: Venture Round €33M
Funding Source: Bessemer Venture Partners, G Squared, Insight Partners, Left Lane Capital
Total funding received: €292.1M
Choco offers a digital platform that connects restaurants and their suppliers in order to streamline the food supply chain. It also makes ordering and communicating with vendors faster and easier. Their goal is to establish a sustainable food system that is transparent and waste-free. Choco has just received €33 million from Bessemer Venture Partners, G Squared, Insight Partners, and Left Lane Capital.
VMRay
Location: Bochum, Germany
Launch date: 2013
Funding Round: Series B €32M
Funding Source: eCAPITAL ENTREPRENEURIAL PARTNERS, Gruenderfonds Ruhr, High-Tech Grunderfonds, NRW.BANK, Tikehau Capital
Total funding received: €59.3M
Germany-based VMRay, founded in 2013, provides a game-changing tool for the dynamic analysis of advanced threats, including zero-day and targeted attacks. It is headed by trustworthy cybersecurity pioneers who assist enterprises in developing and expanding their goods, services, operations, and connections, allowing them to focus on what matters while maintaining complete peace of mind. The €32 million fundraising round was headed by eCAPITAL ENTREPRENEURIAL PARTNERS, Gruenderfonds Ruhr, High-Tech Grunderfonds, NRW.BANK, and Tikehau Capital.
Chattermill
Location: London, United Kingdom
Launch date: 2015
Funding Round: Series B €24.5M
Funding Source: Beringea, Blossom Street Ventures, btov Partners, DN Capital, Runa Capital, Silicon Valley Bank, Ventech
Total funding received: €32.8M
Chattermill, founded in London in 2015, is a unified customer intelligence platform that assists businesses in unlocking their customer reality. Companies may combine customer feedback data from reviews, support requests, chats, and social media to learn more about what their consumers want, need, and expect from their goods and services. Beringea, Blossom Street Ventures, btov Partners, DN Capital, Runa Capital, Silicon Valley Bank, and Ventech recently led a €24.5M series B investment round.
fruitcore robotics
Location: Konstanz, Germany
Launch date: 2017Funding Round: Series B €23M
Funding Source: btov Partners, Capricorn Partners, CNB Capital, Kompas, Matterwave Ventures, Pecon, UVC Partners, XAI technologies
Total funding received: €40M
fruitcore robotics, founded in Germany in 2017, is a robotic system that uses intelligent software and advanced mechatronics and allows businesses of all sizes to enter the field of automation. The firm focuses on the design, construction, and marketing of technically superior and user-friendly industrial robots. btov Partners, Capricorn Partners, CNB Capital, Kompas, Matterwave Ventures, Pecon, UVC Partners, and XAI technologies are the companies that recently supported fruticore robotics with an amount of €23M during a series B funding round.
Acin
Location: London, United Kingdom
Launch date: 2018
Funding Round: Series B €22.6M
Funding Source: Barclays Corporate Banking, BNP Paribas, Citi Ventures, Fitch Ventures, JP Morgan, Lloyds Banking Group, Notion Capital, Talis Capital
Total funding received: €33.9M
Acin is a London-based fintech firm founded in 2018 to make banks safer and transform the financial industry's approach to non-financial risk via the use of data. Their technology digitizes and ensures operational risk management across the financial services industry in a linked data network. Barclays Corporate Banking, BNP Paribas, Citi Ventures, Fitch Ventures, JP Morgan, Lloyds Banking Group, Notion Capital, and Talis Capital led its €22.6M series B funding round.
9fin
Location: London, United KingdomLaunch date: 2016
Funding Round: Series A €21.6M
Funding Source: 500 Global, AI Seed, Ilavska Vuillermoz Capital, Redalpine, Seedcamp, Spark Capital
Total funding received: €35M
Established in London in 2016, 9fin is the leading data, news, and predictive analytics platform for the debt capital markets. It uses artificial intelligence to extract critical information from bond and loan papers. The company assists fixed-income professionals in making better, more aware decisions using data that is easier to search, filter, and analyse. They raised €21.6M in the most recent series A funding round, headed by 500 Global, AI Seed, Ilavska Vuillermoz Capital, Redalpine, Seedcamp, and Spark Capital.
TAINA Technology
Location: London, United Kingdom
Launch date: 2016
Funding Round: Series A €18.3M
Funding Source: Anthemis Group, Deutsche Bank, HSBC Asset Management, SIX FinTech Ventures
Total funding received: €18.3M
TAINA Technology provides a completely automated validation platform for FATCA and CRS compliance management. Their lightweight and adaptable software verify forms in any format, saving their clients money, lowering risk, and vastly enhancing customer and investor experiences. The firm was founded in 2016 and is based in London. It just raised €18.3M in a series A funding round headed by Anthemis Group, Deutsche Bank, HSBC Asset Management, and SIX FinTech Ventures.
Basecamp Research
Location: London, United Kingdom
Launch date: 2019
Funding Round: Series A €18.2M
Funding Source: Blue Horizon Corporation, Hummingbird Ventures, Systemiq Capital, True Ventures, Valo Ventures
Total funding received: €18.2M
London-based Basecamp Research is a biotechnology firm that creates protein products for all areas of the bioeconomy. BaseDiscovery is the company's platform technology, which uses next-generation DNA analysis and environmental monitoring to connect the dots and increase its understanding of the natural world. They just obtained €18.2M in a series A funding round led by Blue Horizon Corporation, Hummingbird Ventures, Systemiq Capital, True Ventures, and Valo Ventures.
RobCo – The Robot Company
Location: München, Germany
Launch date: 2020
Funding Round: Series A €14.1M
Funding Source: Daniel Dines, Interface Capital, Kindred Capital, Promus Ventures, Sequoia Capital, Torsten Reil
Total funding received: €17.4M
RobCo, headquartered in Germany, and created in 2020, offers customizable, inexpensive, and linked end-to-end robot solutions for repetitive manual worker activities in industrial SMBs. Its goal is to boost the efficiency of the manufacturing process by producing industrial robots for small enterprises. The startup has received €14.1M in a series A funding round from Daniel Dines, Interface Capital, Kindred Capital, Promus Ventures, Sequoia Capital, and Torsten Reil.
Bondaval
Location: London, United Kingdom
Launch date: 2020
Funding Round: Series A €13.5M
Funding Source: Broadhaven Capital Partners, Expa, FJ Labs, Insurtech Gateway, Octopus Ventures, Talis Capital, TrueSight Ventures
Total funding received: €22.1M
Bondaval, which was founded in London in 2020, is a digital platform for B2B credit security that will replace traditional collateral-based instruments and trade credit insurance. It provides a more secure, capital-efficient, and cost-effective type of secured credit that may be issued, altered, renewed, and claimed in real-time. During its series A funding round, the firm received €13.5 million from Broadhaven Capital Partners, Expa, FJ Labs, Insurtech Gateway, Octopus Ventures, Talis Capital, and TrueSight Ventures.
Vaultree
Location: Cork, Ireland
Launch date: 2020
Funding Round: Series A €12M
Funding Source: CircleRock Capital, Cyber Club London, Elkstone Capital Partners, Molten Ventures, SentinelOne, Ten Eleven Ventures
Total funding received: €15.1M
Vaultree is an Ireland-based firm that was created in 2020 with the goal of developing a fully functioning data-in-use encryption solution that tackles the problem of permanent data encryption. Its technology allows anybody to interact with securely encrypted data at unprecedented performance levels in a simple, transparent, and compliant manner. CircleRock Capital, Cyber Club London, Elkstone Capital Partners, Molten Ventures, SentinelOne, and Ten Eleven Ventures have invested €12 million in the company in a series A funding round.
Flow Engineering
Location: London, United Kingdom
Launch date: 2016
Funding Round: Seed €8M
Funding Source: BACKED VC, Charlie Songhurst, David Helgerson, EQT Ventures, Kima Ventures, Kyle Parrish, Matt Clifford, Nathan Benaich, Seedcamp
Total funding received: €8M
Flow Engineering, founded in London in 2016, provides a collaboration platform that enables teams to bring innovations to market faster by seamlessly integrating and synchronizing their engineering models. It ensures that users are always connected to the proper data, regardless of the tool they are using. BACKED VC, Charlie Songhurst, David Helgerson, EQT Ventures, Kima Ventures, Kyle Parrish, Matt Clifford, Nathan Benaich, and Seedcamp led the €8M seed round.
Fiscozen
Location: Milano, Italy
Launch date: 2018
Funding Round: Series A €8M
Funding Source: Keen Venture Partners, United Ventures
Total funding received: €11.5M
Founded in Milano in 2018, Fiscozen is a technology firm that provides a digital platform that assists 3 million people with a VAT number (so far) in overcoming bureaucratic barriers and realizing their professional objectives. Fiscozen believes that the future of Italy is in the hands of people who start their businesses and create jobs. It raised €8M in a series A funding round headed by Keen Venture Partners and United Ventures.
Harbor Lab
Location: Athens, Greece
Launch date: 2020
Funding Round: Seed €6.1M
Funding Source: Alexandros Chatzieleftheriou, Charge Ventures, Innoport, Motion Ventures, Signal Ocean, Speedinvest, TecPier, theDOCK, VentureFriends
Total funding received: €6.1M
Harbor Lab, which was founded in Athens in 2020, is an innovative platform for shipowners, management organisations, and charterers looking to increase operating efficiencies. Their purpose is to digitalize present systems and bring transparency to all stakeholders. The company recently secured a seed round in the amount of €6.1M from Alexandros Chatzieleftheriou, Charge Ventures, Innoport, Motion Ventures, Signal Ocean, Speedinvest, TecPier, theDOCK, and VentureFriends.
Dreamdata
Location: Copenhagen, Denmark
Launch date: 2018
Funding Round: Series A €5.8M
Funding Source: Crowberry Capital, Futuristic.vc, InReach Ventures, PreSeed Ventures, Seedcamp, Signals Venture Capital
Total funding received: €10.4M
Dreamdata, established in Copenhagen in 2018, is a B2B revenue attribution platform for small to medium organisations that want to be fully data-driven. They collect and clean current, siloed commercial data sources before combining them with behavioural data to provide a comprehensive picture of the real B2B client experience and translate it into an easy-to-digest, actionable analysis. Recently, they secured a €5.8M series A round from Crowberry Capital, Futuristic.vc, InReach Ventures, PreSeed Ventures, Seedcamp, and Signals Venture Capital.
Pixelgen Technologies
Location: Stockholm, Sweden
Launch date: 2020
Funding Round: Seed €5.6M
Funding Source: Colibri Ventures, Fibonacci Growth Capital, Navigare Ventures
Total funding received: €5.6M
Pixelgen Technologies is a Swedish company that creates technologies for biomedical research and diagnostics. It was created in 2020 by a group of enthusiastic, experienced innovators and entrepreneurs with a desire to provide new knowledge to biology by inventing tools allowing the mapping of cell surface proteins and their spatial inter-relationships. It has raised €5.6M in a seed round led by Colibri Ventures, Fibonacci Growth Capital, and Navigare Ventures.
Welcome Pickups
Location: Athens, Greece
Launch date: 2015
Funding Round: Venture Round €5.3M
Funding Source: Flashpoint, Market One Capital, VentureFriends
Total funding received: €11.7M
Welcome Pickups, located in Greece, and founded in 2015, is an online platform for in-destination travel communities that provides users with a straightforward, pleasant, and personalised travel experience. Their network connects and communicates with local inhabitants and organises requirements, pre-ordered tickets, guidance, and personalised experiences directed by locals, allowing foreigners to travel securely and efficiently. They just received €5.3M from Flashpoint, Market One Capital, and VentureFriends.
SmartHelio
Location: Lausanne, Switzerland
Launch date: 2019
Funding Round: Seed €4.7M
Funding Source: ACE & Company, Collab Capital, Gaingels, Pegasus Tech Ventures, Serpentine Ventures, Soma Capital, Y Combinator
Total funding received: €5.6M
SmartHelio, founded in Switzerland in 2019, is a revolutionary software that assists solar enterprises in promptly detecting and identifying errors, enabling them to reach a considerable performance boost of up to 3%! Their software pinpoints issues within a solar system using advanced algorithms and data analysis, providing real-time insights and recommendations for immediate action. The startup raised €4.7M in seed funding from ACE & Company, Collab Capital, Gaingels, Pegasus Tech Ventures, Serpentine Ventures, Soma Capital, and Y Combinator.
Phlux Technology
Location: Sheffield, United Kingdom
Launch date: 2020
Funding Round: Seed €4.5M
Funding Source: Foresight Williams, Northern Gritstone, Octopus Ventures, QUBIS Innovation Fund
Total funding received: €4.6M
Phlux Technology is a photonic startup forged at the University of Sheffield in 2020, developing high-performance infrared sensors for LIDAR, fibre sensing, and imaging systems. It recently secured a seed funding round in a total of €4.5M from companies like Foresight Williams, Northern Gritstone, Octopus Ventures, and QUBIS Innovation Fund.
Novatron
Location: Stockholm, Sweden
Launch date: 2022
Funding Round: Seed €3M
Funding Source: InnoEnergy, KTH Royal Institute of Technology
Total funding received: €3M
Founded in Stockholm in 2022, Novatron is collaborating with physicists, engineers, and academics to develop a new exclusive fusion power concept. They have created a novel approach for stable plasma confinement, which is a huge step forward in the generation of fusion power. Recently, they secured a seed round led by InnoEnergy and KTH Royal Institute of Technology for a total of €3M.
Argus
Location: London, United Kingdom
Launch date: 2021
Funding Round: Seed €2.6M
Funding Source: CRV, Y Combinator
Total funding received: €2.7M
Argus, founded in 2021 in London, is a developer of an employee trade compliance platform for professional services organisations, asset managers, banks, and fintech. It enables bankers, consultants, crypto natives, and others to quickly trade their liquid assets by employer compliance constraints, allowing organisations to automate internal compliance, reduce back-office manpower, and minimize risks. It received 2.6M in startup funding from CRV and Y Combinator.
Native Teams
Location: London, United Kingdom
Launch date: 2021
Funding Round: Seed €2M
Funding Source: Eleven Ventures, Fil Rouge Capital (FRC), Haatch, Quake Capital Partners
Total funding received: €2M
London-based Native Teams, established in 2021, is a platform that provides payment solutions, employer-of-record services, and tools for remote workers, freelancers, and their clients. It recently secured an amount of €2.1M from companies like Eleven Ventures, Fil Rouge Capital (FRC), Haatch, and Quake Capital Partners during their seed funding round.
MetaVersus World
Location: London, United Kingdom
Launch date: 2021
Funding Round: Seed €1.8M
Funding Source: Alpha Sigma Capital, Alphabit Fund, FBG Capital, GBIC, Launchpool, NetZero Capital, Westridge Markets, Xeta Capital, xSquared Ventures
Total funding received: €1.8M
MetaVersus World, launched in 2021 in London, is a Web3 metaverse service provider that has created a true merger of AAA gaming with blockchain dynamics in an expansive virtual universe. Their forerunner virtual world in the Metaverse is blending traditional competitive online gaming with the emerging worlds of blockchain and metaverse gaming. They received €1.8M in a seed round from Alpha Sigma Capital, Alphabit Fund, FBG Capital, GBIC, Launchpool, NetZero Capital, Westridge Markets, Xeta Capital, and xSquared Ventures.
Everimpact
Location: Paris, France
Launch date: 2015
Funding Round: Seed €1.7M
Funding Source: ADB Ventures, Blue Star Group, Climate-KIC, EIT Urban Mobility, IMC Ventures, MOL PLUS, Motion Ventures, Rainmaking, Transport Capital, Wilhelmsen Marine Fuels (WMF)
Total funding received: €2M
Founded in Paris in 2015, Everimpact is a carbon tracking system for cities, ships, ports, and industrial locations. Their technology can track carbon emissions and sequestration in real-time, discover opportunities for GHG reduction, meet climate goals, and monetize and fund climate initiatives through carbon markets. It recently received €1.7M in a seed round from ADB Ventures, Blue Star Group, Climate-KIC, EIT Urban Mobility, IMC Ventures, MOL PLUS, Motion Ventures, Rainmaking, Transport Capital, and Wilhelmsen Marine Fuels (WMF).
Tapline
Location: Berlin, Germany
Launch date: 2021
Funding Round: Pre-seed €1.7M
Funding Source: 365.fintech, Antler, Black Pearls VC, DEPO Ventures, Fasanara Capital, Impetus Capital, V-Sharp Venture Studio
Total funding received: €31.5M
Tapline, founded in Berlin in 2021, is a digital funding marketplace that enables SaaS companies to raise instant, non-dilutive, non-debt-like capital to help them grow. They enable their clients to exchange recurring revenues for immediate cash without being diluted or incurring debt. 365.fintech, Antler, Black Pearls VC, DEPO Ventures, Fasanara Capital, Impetus Capital, and V-Sharp Venture Studio led the €1.7M pre-seed round.
THE PACK
Location: London, United Kingdom
Launch date: 2020
Funding Round: Seed €945K
Funding Source: Accel, Akoleo, Alicia Robb, Companion Fund, Kale United, Leap Venture Studio, Leo Groenewegen, Scelta Products, Simon Day, Simon Newstead, Veg Capital, Victoria Betoeski
Total funding received: €1.1M
THE PACK is a food technology firm located in London that produces delicious, healthful plant-based pet food. Their goal is to make the world a better place for pets and the environment. During its seed round, the firm received €945K in funding from Accel, Akoleo, Alicia Robb, Companion Fund, Kale United, Leap Venture Studio, Leo Groenewegen, Scelta Products, Simon Day, Simon Newstead, Veg Capital, and Victoria Betoeski.
Leyr
Location: Stockholm, Sweden
Launch date: 2022
Funding Round: Pre-seed €590K
Funding Source: Antler, Icebreaker.vc
Total funding received: €707K
Stockholm-based Leyr provides an API aggregator platform for building interfaces between health data and medical record systems. The platform develops, manages, and monitors integrations for the customer and enables standardised and secure health data sharing between qualified parties. During the pre-seed round, it received €590K from Antler and Icebreaker.vc.
Sources: Vestbee VC & startup community, startup press releases, web & social media monitoring, Crunchbase.
Related Posts:
TOP European Funding Rounds Closed In November 2022 (Paweł Pliszka, Community Builder, Vestbee)
TOP European Funding Rounds Closed In October 2022 (Konrad Koncerewicz, Head of VC & Startups, Vestbee)
TOP European Funding Rounds Closed In September 2022 (Konrad Koncerewicz, Head of VC & Startups, Vestbee)
