CEE VC SUMMIT 2025

25th of March 8:00 am CET

October 7, 2024·3 min read

Lisa Palchynska

Editor-in-Chief, Vestbee

VC & Startup weekly news from Europe, September 28-October 4, 2024

Notable funding rounds across Europe:

  • UK-based robotics and data intelligence company Dexory has closed an $80 million Series B round. Investors include DTCP, Latitude Ventures, Atomico, Lakestar.
  • German ESG platform Atlas Metrics has raised a €12.2 million Series A funding, which came from MMC Ventures, b2ventures, Cherry Ventures, and Redstone.
  • Swiss drone aerial robotics startup Voliro has raised $12 million in Series A funding. The round was led by Cherry Ventures.
  • Paris-based contract management platform Formality has secured €8 million in funding. The round was led by Partech and Serena, with additional support from BPI.
  • Vienna-based Flinn.ai, which automates medtech quality and regulatory processes, has raised €6 million in a seed round  led by Cherry Ventures.
  • Paris-based DinMo, which assists marketing teams in activating and managing customer data from the cloud, has secured €5 million. 
  • German AI startup Briink, which builds tools to help ESG analysts accelerate sustainable investments, has secured €3.85 million co-led by EquityPitcher Ventures and 13books Capital.
  • Amsterdam-based digital banking experience platform Plumery has raised $3.3 million. The capital came from DN Capital and Fontes.
  • Vienna-based legaltech startup fynk, which develops contract management software, has secured €3.1 million. The round was led by 3VC and 10x Founders.
  • Cologne-based foodtech startup Foodforecast has raised €3 million in an equity round. The funding was co-led by Scalehouse Capital and Future Food Fund II. 
  • French deeptech startup Dessia, which develops AI-powered robotic process automation software, has raised €3 million.
  • Aachen-based Voltfang, which transforms used electric vehicle batteries into sustainable energy storage systems, has raised €8 million in a Series A round, led by FORWARD.One. 

CEE startup funding rounds & acquisitions:

  • Zagreb-based adtech startup all eyes on screens has secured €10 million in a Series B funding. The round was led by Taiwania Capital, with participation from Lead Ventures, J&T Ventures, and South Central Ventures.
  • Vilnius-based regtech startup AMLYZE has secured a €2.35 million seed funding led by Practica Capital, with backing from FIRSTPICK, Coinvest Capital, and NGL. 
  • Czech startup PARTORY, which develops a software solution designed to help engineering and manufacturing companies digitize their supply chains, has raised €1.25 million from Jet Ventures.
  • Berlin-based healthtech startup family.cards has raised €1.2 million in a seed round led by Brandenburg Kapital, OHA, and Healthcare 7 Ventures.
  • Vilnius-based AI startup Sort A Brick has raised €1.15 million in pre-seed funding. The investment was led by FIRSTPICK, with support from nine business angels.
  • Budapest-based edtech startup Voovo has raised $500,000 in a pre-seed funding round led by Techstars, with participation from OUVC and STRT Holding Nyrt.

New venture capital funds and VCs’ news:

  • Paris-based VC firm Kurma Partners has secured €140 million for Biofund IV, marking the first closing of the fund. It aims to support 16 to 20 startups focused on innovative therapeutics solutions. 

Startup calls & Events:

  • AWS Cloud Day in Prague

AWS Cloud Day Prague is a premier event for networking, collaboration, and learning about how leading companies leverage AWS technologies to foster innovation and achieve growth. Attendees will have the opportunity to explore a range of topics, including AI, Machine Learning, and digital transformation.

Participants can connect with visionary founders and leaders, visit the AWS Startup Loft, and interact with the AWS startup team to gain valuable insights and learn about the resources available to support startups at various stages of development.

AWS Cloud Day Prague will take place on October 23 at O2 Universum. The event is free to attend.


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