Notable funding rounds across Europe:
- London-based Form3 that develops a cloud native payments-as-a-service platform has raised $60 million in Series C extension funding.
- Paris-based Brightflow SAS, a company developing an implantable cardiac device to treat end-stage heart failure, has raised €16.5 million in a Series A funding round.
- German Retraced, a platform that helps fashion and textile brands digitize and track their supply chains, has closed a €15 million Series A round led by Partech.
- Berlin-based climate tech startup Ucaneo, which develops lung-inspired tech to capture CO2 from the air, has secured €6.75 million in a seed funding round.
- Cambridge-based biotech CardiaTec, which uses computational biology to discover new treatments for cardiovascular disease, has secured a $6.5 million seed funding led by Montage Ventures.
- Norwegian startup Vind AI that develops an AI platform for wind park design has raised €3 million in a seed round led by Norrsken VC.
- Amsterdam-based Churned.io, which develops AI-powered software to help subscription businesses retain customers and maximize revenue, has raised €2.5 million.
- London-based startup Twin Science & Robotics, specializing in STEM education, has secured £1.25 million from Soulmates Ventures, APY Ventures.
- Swedish startup Wingbits, working in the air travel sector, has secured €3.1 million from Borderless Capital, Tribe Capital, and Antler.
CEE startup funding rounds & acquisitions:
- Warsaw-based in1, a platform that allows users to manage all their cards and accounts through a single app, has secured $6 million in seed funding.
- Czech-Slovak all-in-one HR solution Sloneek has secured €3.6 million in a late-seed funding round to accelerate its expansion into Western Europe, particularly Italy.
- Romanian-British energy tech startup Ogre AI, which specializes in data science and AI-based forecasting solutions for the energy sector, has secured €3 million.
- Lithuanian deverium has secured €2 million in EU funding to develop an identity verification product.
- Polish startup Petsy, which operates a marketplace connecting pet owners with local petsitters offering pet care services, has raised €1.1 million.
- Prague-based AI-based platform to create personalized concert videos Get Moments has secured a €500,000 funding round from Purple Ventures.
- Kyiv-based Osavul has raised €2.78M in a late seed round led by 42CAP, u.ventures, and SMRK.
- Ukrainian startup Mantis Analytics, known for its AI-powered real-time field monitoring platform, has secured $240,000 from Nezlamni.
- Budapest-based payment platform PastPay has raised €12 million in a round led by Platina Capital.
New venture capital funds and VCs’ news:
- London’s VC Atomico has raised $1.24 billion across two funds: $485 million for Atomico Venture VI, which invests in Series A and occasionally seed rounds, and $754 million for Atomico Growth VI, which invests from Series B to pre-IPO. The funds aim to help European tech founders scale globally.
- UK investment firm Outward VC has closed the first round of its £51 million Fund II, aimed at supporting early-stage founders. It will lead pre-Series A funding rounds of up to £5 million, with a substantial portion reserved for follow-on investments.
- Belgium-based VIVES IUF, a European science-based early-stage fund investing in companies developing disruptive innovations with a positive societal impact, has secured €5 million from the Luxembourg Future Fund 2.
- Paris-based Wind has secured €30 million for its Article 9 fund, Wind II, from the European Investment Fund (EIF).
- Antler has invested £840K in 7 tech startups in the Spring 2024 Residency.
Startup calls & Events:
- AWS Cloud Day in Warsaw and Prague
AWS Cloud Day Warsaw and AWS Cloud Day Pragues are premier events 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 Warsaw will take place on September 18 at the PGE Narodowy, and AWS Cloud Day Prague — on October 23 at O2 Universum. The both events are free to attend.
