CEE VC SUMMIT 2025

25th of March 8:00 am CET

June 10, 2024·3 min read

Lisa Palchynska

Editor-in-Chief, Vestbee

VC & Startup weekly news from Europe, June 1-7, 2024

Notable funding rounds across Europe:

  • Austrian CMS developer Storyblok has secured $80 million in a Series C round led by Brighton Park Capital, with participation from existing investors.
  • Swiss Neural Concept, a provider of deep learning software for 3D product design of machines at Airbus, Bosch, General Electric, and F1, has raised a $27 million.
  • UK iCOMAT, a producer of composites for the aerospace, automotive, and defence sectors, has raised $22.5 million in a round co-led by NATO Innovation Fund. 
  • Hamburg-based company Plancraft has closed a €12 million Series A round led by Creandum, with participation from Bitstone Capital and High-Tech Gründerfonds. 
  • German B2B robotics startup coboworx has secured €11.4 million to expend its team and open an office in Munich later this year.
  • Amsterdam-based HRtech Carv has raised $10 million from Global Founders Capital (GFC) and several angel investors. 
  • French SaaS startup Dealt has raised €6 million in a round led by La Poste Ventures and GO Capital alongside One Green and Holnest.
  • French renewable energy startup Decade Energy has raised €3.6 million in seed funding to speed the fleet's carbon reduction in logistics. 
  • Oslo-based 3D model creation tech provider Sloyd has secured €3 million in seed funding. The investment came from a16x Games Speedrun, Antler, Skyfall Ventures, FreshFund, Acecap Finance, Hartmann Capital, and Autodesk.
  • UK sign language translation software startup Signapse has raised £2 million in seed funding led by Czech fund Soulmates Ventures and Irish Deeptech Seed Fund. 
  • German startup SmartLoC, which offers full supply-chain visibility solutions, has raised €1.8 million in a seed round led by High-Tech Gründerfonds (HTGF). 
  • Amsterdam-based fintech startup Prêts has raised €1 million. Investors include Innovatiefonds Noord-Holland, Rubio Impact Ventures, and Rockstart.

CEE startup funding rounds & acquisitions:

  • SensusQ, an Estonian defence tech startup, has raised €3.8 million from US-based New North Ventures. 
  • Lithuanian data tech Spike has raised $3.5 million co-led by Practica Capital and TheVentureCity. APX, Geek Ventures, and Plug & Play Ventures also joined.
  • Tallinn-based AI-powered analytics platform heybooster has secured €770,000 from Ak Asset Management, StartersHub Ventures, Lima Ventures, and LEAP Investment.
  • Latvian provider of fleet management services, Maponhas announced its expansion to Lithuania by acquiring Trackon, a local fleet management company.

New venture capital funds and VCs’ news:

  • Creandum has closed a €500 million fund to invest in seed and early-stage startups across Europe. The new fund, Creandum VII, has received contributions from 30 global LPs, with over half of the capital originating from investors based in the US.
  • Dreamcraft Ventures has closed a €66 million fund to invest in B2B software startups across the Nordic and DACH region. 
  • Danish venture capital fund BlackWood Ventures has closed its debut fund, BlackWood Ventures Fund I, raising a total of €14.7 million. It will further invest in early-stage startups across Europe.

Startups open calls & Events:

  • AWS and Anthropic GenAI Scale Program

AWS and Anthropic GenAI Scale Program is a 2-week, online, equity-free program for EMEA startups, aimed at building generative AI applications. Each week will include workshops, presentations, and support office hours to accelerate GenAI application development. Participants will learn from top engineers at Anthropic and AWS, preparing them to launch generative AI applications with the latest models and enterprise-grade security and support.

You can apply here until July 10.


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