Notable funding rounds across Europe:
- UK radiology tech company Hexarad has secured €13 million in funding. MTIP led the round. Existing investors, including the Foresight Group, participated.
- Portuguese gaming distribution platform FRVR has raised $12.7 million. The round was led by Iberis Capital, with the participation from Indico Capital Partners, Lince Capital, and Hiro Capital.
- Aachen-based biotech PL BioScience has secured €7.8 million in a Series A round. Investors include Better Ventures, AVANT BIO, and LePure Biotech among others.
- Berlin-based patient relationship management platform Roger has secured €7 million in a seed funding round led by Google Ventures and Partech.
- Stockholm-based mobile e-commerce startup UpUp has raised €4.3 million. The investment came from Almi Invest and Gorilla Capital.
- Iceland-founded AI-enhanced sales, operations, and supply chain planning solution for the pharmaceutical industry PLAIO has raised €4.3 million.
- London-based climate intelligence platform Clearly, which provides fleet operators with critical trip-level emission and energy insights, has secured $4.3 million.
- Stockholm-based HRtech platform Impactpool has raised $4 million in Series A funding led by Mediahuis and Fort Knox.
- German startup VoiceLine, which enhances field sales efficiency with voice and AI technology, has raised €2.4 million in a round co-led by Venture Stars and SCALEHOUSE Capital.
- Belgian biotech startup HEDERA-22, which uses DNA-based synthesis and predictive bioinformatics to develop novel natural products for agriculture, has secured €2 million in funding.
- Ghent-based startup Accurat.ai, which provides real-time retail insights, has raised €1 million from PMV, Angelwise, and several business angels.
- Copenhagen-based platform Contribe, which allows users to engage with on-brand impact projects by making online purchases, has secured €1 million pre-seed funding.
CEE startup funding rounds & acquisitions:
- Lithuanian B2B trading platform Eany.io, has raised €2 million in a seed investment round was led by Market One Capital and Practica Capital.
- Latvian sustainable auto startup BeTRITON has raised €80,000 from 150 investors through an equity crowdfunding campaign on Crowdcube.
New venture capital funds and VCs’ news:
- London-based VC Balderton Capital has raised two funds, including a $615 million Early Stage Fund IX and a $685 million Growth Fund II, totaling $1.3 billion to invest in European tech startups from the seed stage through IPO.
Startup calls & Events:
Autumn Accelerator is a 2-month program tailored to help pre-seed startups by providing investment and support in understanding the entrepreneurship and VC landscapes, further developing their solutions, and launching them to the market. The acceleration program is suitable for startup teams developing their PoC, working on their MVP, or those who have just launched their product and acquired their first customers.
Interested startup teams can apply by filling out the application on AceON's website by September 15th.