Notable funding rounds across Europe:
- UK quantum error correction tech company Riverlane has raised $75 million in Series C funding led by Planet First Partners.
- Delft-based nanotechnology research startup VSParticle has raised €6.5 million in a Series A2 extension led by NordicNinja.
- German NewSpace supplier startup Dcubed, which offers shelf products designed to reduce costs for space missions, has secured €4.4 million in a Series A round.
- London-based startup Userled, which helps B2B companies convert more key accounts through 1:1 personalization at scale, has secured £4 million.
- Helsinki-based gaming startup Social First, which creates rich social multiplayer and MMO games, has raised $4.2 million in a seed funding round.
- Berlin-based AI therapist Clare&Me, which provides a safe space for users to talk about their problems and improve their mental well-being, has secured €3.7 million.
- Cambridge-based startup OW, which developed a digital smell technology, has secured £2.2 million from Parkwalk Advisors and Innovate UK.
- London-based AI robotics startup PHINXT Robotics has raised €2.3 million. The round was led by Sure Valley Ventures.
- German's startup DC Connected Car, which specializes in maintaining vehicles through digital innovation and remote diagnostics, has secured €2.1 million seed.
- Dublin-based gaming startup MixRift has secured $1.6 million in a pre-seed funding round. The investment was co-led by Outsized Ventures and Underline Ventures.
- Swiss startup DemoSquare that develops AI global political monitoring solution has secured €1.28 million in a pre-seed funding round to expand into European markets.
CEE startup funding rounds & acquisitions:
- Vilnius-based biotech startup Biomatter has secured €6.5 million. The investment came from Inventure, UVC Partners, Practica Capital, and Metaplanet.
- Riga-based investment platform Mintos, which offers both alternative and traditional investment opportunities, has raised €3.1 million from over 3,300 investors.
- Latvian startup Electrify, which retrofits vehicles and produces electric minibuses for city and intercity transport in Europe, has secured €1.5 million from ZGI Capital.
- Polish startup Revoize, which develops noise reduction and speech enhancement technologies, has secured over $500,000 from AIP Seed and Marcin Żukowski.
- Ukrainian-founded startup InputSoft, a management software for airport operations, has secured $50,000 from Kyiv and San Francisco-based fund ZAS Ventures.
- Seeds of Bravery, a €20 million initiative aimed at integrating Ukrainian companies into the European market, has awarded €2 million to 59 Ukraine’s startups.
- Polish-founded The Linghos, specializing in speech therapy and also known for Pogaduszki, has secured investment from Simpact Ventures and SMOK Ventures.
Startup calls & Events:
My Company Polska, in partnership with Sebastian Kulczyk’s InCredibles, Vestbee, Google for Startups, OChK, and the public relations agency Hagen Comm, is on the lookout for the most exciting young startups to join the 3rd Edition of the Rookie of the Year Contest.
This competition seeks young companies (under 5 years old) with scalable technology or products already making an impact in the market. Winners will gain exclusive opportunities, including a nomination for the InCredibles mentoring program, office space at Google Campus Warsaw, and three months of marketing support from Hagen Comm.
Click HERE to access the application form. Submit your startup's story by August 14, 2024.
