Notable funding rounds across Europe:
- Sokin, a London-based international payments fintech, has raised $31 million. Investors include Morgan Stanley Expansion Capital and Aurum Partners.
- German Sdui acquired Austrian-based FoxEducation and raised €21 million in a Series A funding round. The investment was led by Summiteer and HV Capital.
- UK AI chip company Fractile has raised $15 million in seed funding led by Kindred Capital, NATO Innovation Fund, and Oxford Science Enterprises.
- UK startup Passionfruit, which provides pre-vetted, high-quality marketing specialists to enhance firms' teams, has secured $9 million in Series A funding.
- Austrian heat pump company ecop has been awarded €8.5 million in funding from the European Innovation Council (EIC) Accelerator.
- Stockholm-based energy management tool Greenely has raised €8 million in a Series A funding round led by Belgian investment company Korys.
- London-based digital platform Primary Portal, which enhances and digitalizes equity capital market processes for banks and asset managers, has secured £7.5 million.
- Berlin-based Meisterwerk, which develops a platform for craft businesses, has secured €6 million in a Series A funding round led by Semapa Next.
- Barcelona-based financial wellness app Payflow, which helps employees get paid and access flexible benefits, has secured €6 million in an equity fundraising round.
- Dutch biotech startup NoPalm Ingredients has raised €5 million in a seed round led by Rubio Impact Ventures.
- Copenhagen-based agtech startup Agrobiomics has raised €4 million in a seed round from NOON Ventures.
- London-based biotech company Entocycle, which provides insect farming technology, has raised $2.6 million.
- Zurich-based network observability platform NetFabric.ai has secured $2.2 million in a pre-seed funding round to revolutionize network monitoring.
- Spanish social networking platform Sqill, which collaborates with social teams to enhance their content creation, has raised €2 million to expand in the US.
- Berlin-based training app TRAIT has raised €1 million in a seed funding round. Investors include High-Tech Gründerfonds and business angels from better ventures.
- Granada-based sports and fitness management platform FitnessKP has secured €1 million in a funding round led by Angels Capital.
CEE startup funding rounds & acquisitions:
- Krakow-based martech startup Digital First AI has raised €3.5 million led by 4growth VC, with participation from Plug&Play Tech Center, Sher Ventures, and Hub71.
- Ukrainian-founded AI startup Assisterr, which offers a community-owned alternative to the AI monopoly in big tech, has secured $1.7 million in a pre-seed funding round.
- Romanian AI startup CogniSync, which aims to optimize workflows for companies and teams, has secured a €1 million pre-seed funding from Early Game Ventures.
- Polish sports e-commerce platform Sportano has raised funds from bValue Growth. The amount of the deal is undisclosed, but the fund usually invests €5-15 million.
- Czech RobosizeME has secured a seed funding from BrightCap Ventures, marking the fund's first investment from the €60 million Fund II.
New venture capital funds and VCs’ news:
- Budapest-based VC Lead Ventures has launched a €100 million fund to support CEE startups in late seed and Series A rounds.
- Berlin-based early-stage venture capital firm Join Capital, focused on deeptech investments across industrial and enterprise tech, has secured funds from the NATO Innovation Fund.