Notable funding rounds across Europe:
- German climate tech SaaS startup Reoni has raised a €13 million Series A funding round led by Northzone.
- Iceland-based Treble, a sound simulation and synthetic audio data generation company, has raised €11 million in a Series A round led by KOMPAS VC.
- London-based cash flow management startup Palm has raised $6.1 million in a seed funding round led by Speeinvest and Target Global.
- Brussels-based e-bike startup Cowboy, which designs and manufactures connected electric bikes for urban riders, has secured €5 million led by Cypress Capital.
- Paris-based insurtech Korint, which offers next-gen B2B mobility insurance covering new and traditional transport, has secured €5 million in funding led by Ventech
- London-based mobility tech startup Skarper, which develops an e-bike conversion kit that transforms a regular bike into an e-bike with a single click, has secured £4.5 million to bring its product to market.
- Helsinki-based Root Signals, which develops an AI control platform to make GenAI outputs measurable and reliable, has secured $2.8 million.
- UK sustainability startup Signol, which aims to reduce emissions in aviation and shipping through the use of behavioral science, has secured £2.5 million.
- Milan-based platform Skillvue that helps companies assess and match the skills of candidates and employees has secured €2.5 million. The Italian Founders Fund and 14Peaks led the investment.
- Milan-based startup IdentifAI, which ensures authenticity and transparency in the realm of generative AI, has secured €2.2 million seed led by United Ventures.
- Dublin-based startup Retrograde, which aims to create a viable AI alternative to talent management for creators, has secured €1.8 million in a pre-seed round led by Elkstone.
- Belgium-based field inventory management software company Ventory has secured €1.75 million in a seed round led by Finindus and Matterwave Ventures.
- Paris-based AI-driven RFP platform Steerlab, which automates and improves responses to RFPs and security questionnaires, has secured €1.7 million led by Dreamcraft VC.
CEE startup funding rounds & acquisitions:
- Lithuanian aerospace and defense startup Airvolve has raised €825,000 from Coinvest Capital, Baltic Sandbox Ventures, and several business angels.
- Bucharest-based biotech The Cat Health Company, which aims to prevent or delay age-related illnesses in cats, has secured €500,000 from Early Game Ventures.
- Polish PRM system Partnerplace.io that aids online businesses in managing and optimizing relationships with external B2B partners has secured €350,000 from Tar Heel Capital Pathfinder fund.
- Kyiv-based drone startup Frontline, which focuses on developing air and ground systems for robotic defense and attack, has received a $48,450 grant from BRAVE1.
New venture capital funds and VCs’ news:
- Amsterdam-based VC SET Ventures has closed its fourth fund, totaling €200 million, to support European tech companies driving the transition to a carbon-free energy system.
Startup calls & Events:
- Showcase your startup in the Krakow Startup Report
OMGKRK, Krakow's tech and startup community, is working on the second edition of the Krakow Startup Report, and your input is crucial to ensuring it accurately represents the current startup landscape. All Krakow-based startups are invited to take 15 minutes to complete the survey by September 13th: https://lnkd.in/d4gZ3Ci9
As a thank you, selected companies will be featured in the report's success stories section. This is a great opportunity to showcase your achievements — participate now!
Huge Thing is now recruiting for the second edition of the Female Founders Fundraising Academy, a program designed to support entrepreneurial women from Poland and Ukraine. This free 8-week program is organized by Huge Thing with the support of the Visa Foundation.
The academy focuses on developing business competencies, raising capital, and scaling startups effectively. Participants will gain practical fundraising skills, mentorship, and access to a broad network of investors.
Apply by September 30th to join this initiative and accelerate your startup's growth!
