Notable funding rounds across Europe:
- Vienna-based Prewave, which develops an AI-enabled sustainability, risk, and compliance platform, has secured €63 million in a Series B round led by Hedosophia.
- Belgian AI company TechWolf has closed a $42.7 million round to build the AI Infrastructure layer for employee skills. Felix Capital led the funding.
- German operations platform Hive Technologies has raised a €28.2 million in a Series A extension led by Earlybird Venture Capital.
- Swedish pet healthcare company FirstVet today announced the successful close of a €20 million Series C funding round.
- Berlin-based startup Synthflow has secured $7.4 million for its AI voice assistance platform development. The investment was led by Singular.
- German insurance platform Feather has raised €6 million in Series A funding from Keen Ventures Partners and existing investors.
- Stockholm-based carbon removal solutions provider Net Zero Company has raised $5.5 million from Oilinvest, SilviCarbon, and VARO Energy.
- Edinburgh-based legal AI workplace Wordsmith has raised a $5 million seed round led by Index Ventures. General Catalyst, along with Felix Ventures, Yellow Ventures, and S16vc, also joined the funding.
- German medtech CUREosity has raised €3.8 million from existing investors, including TechVision Fonds (TVF), and the Belgian family office Nomainvest.
- Paris-based Skynopy, focusing on satellite connectivity, has raised $3.1 million to develop its LEO (Low Earth Orbit) satellite operations and grow its team.
- Ghent-based hospitality management platform Otamiser has secured $3 million in funding to support its global expansion.
- German healthcare startup LillianCare has raised €1.5 million in a recent funding round. The investment was led by existing investors Nina Capital and Caesar.
- Dublin-based market intelligence platform MarketSizer has raised €1 million in a round led by Delta Partners, with participation from Enterprise Ireland.
CEE startup funding rounds & acquisitions:
- Ukrainian-founded no-code CRM and workflow platform Creatio has raised $200 million in funding at a valuation of $1.2 billion.
- Prague-based online grocery delivery company Rohlik has raised €160 million in growth capital led by the European Bank for Reconstruction and Development.
- Zagreb-based startup that develops an event management platform Entrio has raised a €9 million funding round led by Croatian private equity fund manager Invera Equity Partners.
- Ukrainian-founded startup Esper Bionics has raised $5 million led by YZR Capital, with participation from EBRD and u.ventures.
- Czech company SprayVision that provides digitalization, automation, simulation, and analysis of spray patterns has raised €2 million co-led by Momenta Ventures and J&T Ventures.
- Budapest-based agritech startup scoutlabs, which is addressing a critical agricultural challenge by offering data-driven, sustainable pest control, has raised $2 million.
- Founded by Ukrainians, martech startup Ability AI has secured a $1.1 million funding led by SMRK, with participation from SID Venture Partners.
- Ukrainian-founded tech startup Dynamiq has closed a pre-seed funding round led by TA Ventures. The amount of the deal is undisclosed.
- California-based SoundHound AI, which develops voice AI technology, has acquired the Ukrainian-founded ordering platform Allset. The amount of the deal is undisclosed.
New venture capital funds and VCs’ news:
- Prague-based venture capital firm Presto Ventures has launched a €150 million Presto Tech Horizons fund in collaboration with CSG Capital Partners. The fund will support security and defence tech startups from NATO countries.
- Luxembourg-based MiddleGame Ventures has announced an initial close of its €150 million third fund at €52 million. It targets early-stage fintech startups across Europe.
- Czech Purple Ventures has announced the first closing of a €40 million fund, which it announced in April. The Purple Group has committed €14 million to the fund as an anchor investor.
Startup calls & Events:
- AWS and Anthropic GenAI Scale Program
AWS and Anthropic GenAI Scale Program is a 2 -week virtual and equity-free program for EMEA startups wanting to build generative AI applications with the support of experts from AWS and Anthropic. You will learn from top engineers at both Anthropic and AWS, and complete the program prepared to launch a generative AI application.
Applications are open until July 9, 2024, here.
- Western Balkans Summer Investment Program 2024
The WB Summer Investment Program (WBSIP) supports tech founders from the Western Balkans in securing investments and scaling their businesses. This summer, 50+ startups will receive education, with 20 selected for tailored mentorship to support their seed and Seed+ funding through 2025. The program includes an online boot camp, one-on-one mentorship, and personalized advisory, culminating in presentations to investors at the MatchIn Summit in Skopje.
Applications are open until July 21, 2024, here.