Every month, Vestbee compiles a list of the most significant financial rounds closed in Central and Eastern Europe and the broader European region. Recently, we published a selection of CEE startups that secured funding in December, providing details on each deal. Below is a list of startups from across Europe that received funding in December.
Black Forest Labs, €256M in Series B
Location: Freiburg Im Breisgau, Germany
Founded in: 2024
Total funding received: €385.3M
Recent funding resources: Andreessen Horowitz, General Catalyst, Temasek Holdings, NVIDIA, Headline
German AI research and technology company Black Forest Labs has announced a €256 million Series B round to accelerate its research and development, expand the infrastructure needed to train and deploy increasingly large FLUX models, and grow its teams in Freiburg and San Francisco.
Exein, €100M
Location: Rome, Italy
Founded in: 2018
Total funding received: €193M
Recent funding resources: Lakestar, Redstone.VC, Balderton Capital, Geodesic Capital, 33N Ventures
Rome-based cybersecurity firm Exein, which develops AI-powered embedded cybersecurity for connected devices, has secured €100 million in new funding to fuel technology innovation, support global expansion, and pursue strategic acquisitions to strengthen its position in embedded cybersecurity.
Green Energy Origin, €94.1M in Series B
Location: Weinheim, Germany
Founded in: 2023
Total funding received: €94.1M
Recent funding resources: HSG, Qiming Venture Partners, NIO Capital, Sofina, BlueCrest Capital Management
Green Energy Origin, a sustainable firm developing specialty chemicals and battery raw materials for cost-effective energy solutions, secured €94.1 million in a Series B round in December to expand factories in Europe and North America, boost R&D, advance commercialization, and strengthen its global supply chain.
Sidera Bio, €93.7M in Series A
Location: Copenhagen, Denmark
Founded in: 2023
Total funding received: €93.7M
Recent funding resources: RA Capital Management, Forbion Capital Partners, Novo Holdings, Gilde Healthcare
Copenhagen-based firm Sidera Bio, which harnesses human genetics to develop transformative medicines for patients, has raised €93.7 million in a Series A round to advance its rare-disease drug development and accelerate growth in the Nordic biotech market.
Generative Bionics, €70M in a seed round
Location: Genoa, Italy
Founded in: 2025
Total funding received: €70M
Recent funding resources: CDP Venture Capital, Tether, AMD Ventures, RoboIT, Duferco
Italian-based company Generative Bionics, which builds AI-powered humanoid robots for industrial use, has secured €70 million in a seed round. The funding will be used to advance product development, scale industrial deployment, and support the company’s growth.
Gradium, €59.9M in a seed round
Location: Paris, France
Founded in: 2025
Total funding received: €59.9M
Recent funding resources: FirstMark, Liquid 2 Ventures, Amplify Partners, Eurazeo, Korelya Capital
Paris-based AI voice startup Gradium, specializing in ultra-low-latency audio language models for voice generation, transcription, and real-time interaction, has secured €59.9 million in a seed round to refine its technology and scale adoption.
Fuse Energy, €59M in Series B
Location: London, the UK
Founded in: 2022
Total funding received: €145.5M
Recent funding resources: Accel, BoxGroup, Creandum, Lakestar, Lowercarbon Capital
London-based company Fuse Energy raised €59 million in a Series B round. The firm simplifies gas and electricity management through accurate bill forecasting and will use the funding to support global expansion and accelerate the launch of new products.
Nu Quantum, €51.8M in Series A
Location: Cambridge, the UK
Founded in: 2018
Total funding received: €64.8M
Recent funding resources: IQ Capital, Expeditions, Amadeus Capital Partners, Ahren Innovation Capital, National Grid Partners (NGP)
UK-based Nu Quantum, which focuses on developing quantum networking hardware and software to scale quantum computers for practical use, has secured €51.8 million in Series A funding to advance quantum networking, develop products, and expand internationally.
Titan Operating System, €50M in Series A
Location: Barcelona, Spain
Founded in: 2023
Total funding received: €56M
Recent funding resources: Highland Europe, Mangrove Capital Partners, Secways
Spanish company Titan Operating System (Titan OS) develops a TV platform that simplifies content discovery and provides advertising solutions through Titan Ads. It raised €50 million in Series A funding to drive innovation, enhance user experience, expand globally, and advance its ad technology.
Sokin, €42.8M in Series B
Location: London, the UK
Founded in: 2019
Total funding received: €82.1M
Recent funding resources: BlackRock, Prysm Capital, Morgan Stanley, Morgan Stanley Expansion Capital, Aurum Partners
London-based fintech firm Sokin, which provides multi-currency accounts and cross-border payment services for businesses, has secured €42.8 million in Series B funding to expand globally, strengthen its financial infrastructure, and enhance its cross-border payment and treasury platform.
Runware, €42.8M in Series A
Location: London, the UK
Founded in: 2013
Total funding received: €56.4M
Recent funding resources: Speedinvest, Insight Partners, Lakestar, Dawn Capital, Zero Prime Ventures
Uk’s Runware, which provides a unified API for high-performance AI model inference, has secured €42.8 million in Series A funding to scale its technology, expand its team, and enhance its AI inference platform.
Blykalla, €42.8M
Location: Stockholm, Sweden
Founded in: 2013
Total funding received: €49M
Recent funding resources: Oklo, Armada Investment AG, August One, Nucleation Capital, Earth Venture Capital
Swedish firm Blykalla, which develops advanced lead-cooled small modular reactors (SMRs), has secured €42.8 million in funding to accelerate its SEALER project, reach key milestones, and expand strategic partnerships for Europe’s first advanced lead-cooled SMR.
FoRx Therapeutics, €42.7M in Series A
Location: Basel, Switzerland
Founded in: 2019
Total funding received: €93.5M
Recent funding resources: Pfizer, Omega Funds, EQT Life Sciences, Novartis Venture Fund, Pfizer Venture Investments
Swiss biotech company FoRx Therapeutics has raised €42.7 million in a Series A funding round. The capital will support Phase 1 clinical development of its lead drug candidate, FORX-428, a potential best-in-class PARG (poly [ADP-ribose] glycohydrolase) inhibitor aimed at disrupting the DNA Damage Response (DDR) in advanced solid tumors.
Mirelo AI, €35.1M in a seed round
Location: Tübingen, Germany
Founded in: 2023
Total funding received: €35.1M
Recent funding resources: Andreessen Horowitz, Index Ventures, Atlantic, Vela Partners, Thomas Wolf
German company Mirelo, which generates perfectly timed music and sound effects for videos, has secured €35.1 million in funding to expand its AI research, grow its team, and bring real-time audio to gaming, film, and other visual content.
Cellular Origins, €34.2M in Series A
Location: Cambridge, UK
Founded in: 2022
Total funding received: €35.3M
Recent funding resources: Highland Europe, Innovate UK, NYBC Ventures, Johnson & Johnson Innovation, BGF Ventures
Cambridge-based Cellular Origins, which enables the scalable manufacture of cell therapies through robotic automation, has secured €34.2 million in Series A funding to expand its commercial team, broaden its automated platform, and scale its manufacturing infrastructure to meet growing global demand.
Spark Cleantech, €30M in Series A
Location: Gif-sur-yvette, France
Founded in: 2022
Total funding received: €34M
Recent funding resources: Bpifrance, 360 Capital, Wind, Asterion Ventures, Île-de-France Reindustrialization Fund
Paris-based Spark Cleantech, which uses methane plasmolysis to produce low-carbon hydrogen and solid carbon for heavy industry, has raised €30 million in Series A funding to build its first production module, advance commercial carbon grades, and grow its team.
Modo Energy, €28.8M in Series B
Location: London, the UK
Founded in: 2019
Total funding received: €47.4M
Recent funding resources: Triple Point Ventures, MMC Ventures, ETF Partners, Molten Ventures, Catalyst Capital
UK-based Modo Energy, which provides benchmarking, forecasting, and valuation services for battery energy storage systems, has raised €28.8 million in Series B funding to expand globally and develop AI-powered valuation and modelling tools.
Ben, €23.5M in Series B
Location: London, the UK
Founded in: 2019
Total funding received: €42M
Recent funding resources: Cherry Ventures, QuantumLight, Atomico, Seedcamp, Mercia Ventures
UK-based Ben, which provides an AI-powered platform to simplify employee benefits and HR management, has secured €23.5 million in Series B funding to accelerate global expansion and enhance its AI-driven platform for employees, HR teams, and leadership.
Assaia, €22.7M in Series B
Location: Zurich, Switzerland
Founded in: 2018
Total funding received: €22.7M
Recent funding resources: Armira, Acequia Capital (AceCap), Radius Capital, Intelak Hub
Zurich-based Assaia, which provides AI-driven software to optimize aircraft turnaround and airport operations, has secured €22.7 million in Series B funding to scale its platform globally, develop new solutions, and accelerate adoption in key markets.
TargED Biopharmaceuticals, €21.5M in Series A
Location: Utrecht, The Netherlands
Founded in: 2018
Total funding received: €74.4M
Recent funding resources: Andera Partners, BioGeneration Ventures, Hadean Ventures, Inkef, Sunstone Life Science Ventures
Dutch firm TargED Biopharmaceuticals, a clinical-stage biotech developing targeted thrombolytic therapies, has secured €21.5 million in a Series A extension to accelerate the clinical development of its first-in-class therapy, TGD001, and to initiate Phase 1/2 trials in Europe and the US.
Ankar AI, €17.1M in Series A
Location: London, the UK
Founded in: 2023
Total funding received: €20.5M
Recent funding resources: Index Ventures, Daphni, Atomico, Norrsken VC, BOOOM
London-based Ankar AI, which provides an AI-powered platform to streamline patent analysis, drafting, and management, has secured €17.1 million in Series A funding to expand its team, enhance its platform, and grow its presence across Europe and the US.
T-CURX, €17.1M in Series A
Location: Würzburg, Germany
Founded in: 2017
Total funding received: €17.1M
Recent funding resources: Bayern Kapital, BioMedPartners, i&i Biotech Fund, HighLight Capital
German biotech T-CURX, which develops non-viral CAR-T therapies for cancer, has secured €17.7 million in Series A funding to advance its clinical CAR-T programs and scale its proprietary in vivo CAR-T platform.
Sequence, €17.1M in Series A
Location: London, the UK
Founded in: 2021
Total funding received: €36.5M
Recent funding resources: Andreessen Horowitz, 645 Ventures, Salesforce Ventures, Passion Capital, DIG Ventures
London-based Sequence, which offers an all-in-one financial management platform for consumers and small businesses, has secured €17.1 million in funding to grow its development team and support rapid business expansion.
Endra, €17.1M in a seed round
Location: Östermalm, Sweden
Founded in: 2024
Total funding received: €20M
Recent funding resources: Norrsken VC, Notion Capital, Oljibe, Maximilian Viessmann, Oscar Höglund
Swedish startup Endra, which uses AI to automate mechanical, electrical, and plumbing (MEP) design for commercial buildings, has secured €17.1 million in a seed round to expand its team, add HVAC and plumbing capabilities, and establish offices in the US, UK, and Germany.
Enlightra, €12.8M in a seed round
Location: Lausanne, Switzerland
Founded in: 2021
Total funding received: €16.2M
Recent funding resources: Y Combinator, Protocol Labs, Creator Fund, Pegasus Tech Ventures, Runa Capital
Swiss-American startup Enlightra, which replaces copper cables with chip-scale lasers to accelerate data transfer in GPU clusters, has secured €12.8 million in a seed round to begin pilot production and scale its optical data-link technology.
Bitstack, €12.8M in Series A
Location: Paris, France
Founded in: 2021
Total funding received: €20.1M
Recent funding resources: Plug and Play, Y Combinator, Founders Future, 13books Capital, Goodwater Capital
French Bitstack, which enables users to save and invest in Bitcoin through a simple, secure platform, has secured €12.8 million in Series A funding to accelerate its European expansion, launch new financial products, and grow its team.
Rail-Flow, €12.5M in Series A
Location: Frankfurt, Germany
Founded in: 2020
Total funding received: €16.1M
Recent funding resources: Rethink Ventures, Climentum Capital, Bonsai Partners, Trill Impact, Futury Capital
Frankfurt-based Rail-Flow, which provides a transport management platform for rail freight and intermodal logistics, has secured €12.5 million in Series A funding to expand its AI-driven platform, accelerate international growth, and enhance scalability for enterprise customers.
Matta, €11.9M in a seed round
Location: London, the UK
Founded in: 2022
Total funding received: €12.5M
Recent funding resources: Lakestar, Giant Ventures, Boost VC, Innovate UK, Redseed
London-based Matta, which develops industrial AI to enable self-learning “sentient factory” systems for real-time quality control and production optimisation, has secured €11.9 million in a seed round to accelerate technology rollout, enhance its AI platform, and expand into key manufacturing markets in Europe and the US.
Iconic, €11.1M in a seed round
Location: London, the UK
Founded in: 2023
Total funding received: €14.5M
Recent funding resources: Sequoia Capital, Northzone, Kindred Ventures, Atomico, Google AI Futures Fund
London’s Iconic, which builds AI-native, voice-driven games using on-device intelligence, has secured €11.1 million in a seed round to develop new personalised gaming experiences while reducing development costs and avoiding cloud and privacy trade-offs.
VIEVE, €10.3M
Location: Strathaven, the UK
Founded in: 2019
Total funding received: €11.5M
Recent funding resources: Active Partners, Piper Private Equity, Venrex, Pembroke VCT, Samos Investments
UK-based beauty brand Vieve has secured €10.3 million in funding to support international expansion, enter new retail markets, accelerate product innovation, and strengthen its leadership team.
Equixly API Security, €10M in Series A
Location: Florence, Italy
Founded in: 2022
Total funding received: €11.6M
Recent funding resources: 360 Capital, Alpha Intelligence Capital, JME Ventures, 33N Ventures, Google for Startups
Florence-based Equixly, which develops agentic AI to automate API security testing and uncover complex vulnerabilities, has secured €10 million in Series A funding to grow its team, advance its proprietary AI models, and accelerate international expansion.
Bolt Insight, €8.1M
Location: London, the UK
Founded in: 2018
Total funding received: €9.5M
Recent funding resources: 212, Active Partners, TIBAS Ventures, Velocity Capital Advisors, Pembroke VCT
London-based Bolt Insight, which uses AI-moderated research to deliver real-time consumer intelligence for brands, has secured €8.1 million in funding to scale its BoltChatAI platform globally and develop its Assistant AI Chief Insights Officer.
2501.ai, €8M in a seed round
Location: Paris, France
Founded in: 2024
Total funding received: €10M
Recent funding resources: Bpifrance, Kima Ventures, K Fund, Axeleo Capital, Cusp Capital
Paris-based company 2501.ai, which provides enterprise-grade autonomous AI agents that securely and efficiently monitor, analyze, and resolve IT incidents and cloud operations tasks, has recently secured €8 million in a seed round to enhance its platform.
GlycanAge, €7.4M
Location: Newcastle upon Tyne, the UK
Founded in: 2020
Total funding received: €11.9M
Recent funding resources: LAUNCHub Ventures, BrightCap Ventures, South Central Ventures, Exceptional Ventures, Impetus Capital
UK-based firm GlycanAge, whose vision is to make preventive and personalized healthcare the standard of care, has raised €7.4 million in funding to expand clinical testing, develop targeted products, and open a lab in Saudi Arabia.
Sofant Technologies, €7.2M
Location: Edinburgh, the UK
Founded in: 2011
Total funding received: €35.6M
Recent funding resources: British Business Bank, Seraphim Space, Scottish Enterprise, UK Space Agency, European Space Agency
Edinburgh-based Sofant Technologies, which develops low-power RF MEMS beamforming hardware to reduce power use and heat in satellite, defence, and advanced wireless terminals, has secured €7.2 million in funding to support product qualification, scale-up, and early customer deployments.
Limenet, €7M in a seed round
Location: Lecco, Italy
Founded in: 2023
Total funding received: €13.6M
Recent funding resources: CDP Venture Capital, Fassa Bortolo, Moonstone, Axel Carbon Capital, AitherCO2
Italian startup Limenet, which develops carbon dioxide removal solutions by producing decarbonized lime to capture and store CO₂ in seawater, has raised €7 million in funding to strengthen its leadership team and accelerate the development of its emissions-reduction technologies.
Alinia AI, €6.4M in a seed round
Location: Barcelona, Spain
Founded in: 2023
Total funding received: €8.4M
Recent funding resources: Speedinvest, K Fund, Precursor Ventures, Mouro Capital, RAISE
Spanish firm Alinia, which builds compliance tools for AI systems to provide real-time auditing, guardrails, and risk controls for financial services, has raised €6.4 million in a seed round to scale its AI governance platform across enterprises.
Zynap, €6M in a seed round
Location: Barcelona, Spain
Founded in: 2024
Total funding received: €11.7M
Recent funding resources: K Fund, Kibo Ventures
Barcelona-based company Zynap, which builds an AI-driven platform that helps cybersecurity teams detect, respond to, and prevent threats more efficiently, has secured €6 million in a seed round, bringing its total funding to €11.7 million.
Ecair, €5M
Location: Saint Denis, France
Founded in: 2023
Total funding received: €11M
Recent funding resources: Bpifrance, Kima Ventures, Planet A Ventures, Voyagers, INCO Ventures
French fintech platform ECAIR, which provides tailored financing solutions and AI-powered loans to help solar and energy-renovation installers scale projects efficiently, has raised €11 million to expand its operations and roll out new lending products across Europe.
Amplifold, €5M in a seed round
Location: Munich, Germany
Founded in: 2025
Total funding received: €5M
Recent funding resources: Matterwave Ventures, Bayern Kapital, b2venture, XISTA Science Ventures, Becker Ventures
German biotech startup Amplifold, which develops rapid, highly sensitive diagnostic tests using DNA-origami nanotechnology, has raised €5 million in a seed round to industrialize its signal amplification platform, advance product development and regulatory approval, and bring its first in vitro diagnostic product to market in Europe.
InfiniteWatch, €3.4M in a pre-seed round
Location: Madrid, Spain
Founded in: 2025
Total funding received: €3.4M
Recent funding resources: Sequoia Capital, Base10 Partners, Kibo Ventures, K Fund, a16z Scout Fund
Madrid-based AI startup InfiniteWatch, which helps companies analyze and optimize customer interactions across web and voice channels, has raised €3.4 million in a pre-seed round led by Base10 Partners to expand its platform, enhance AI monitoring capabilities, and accelerate enterprise deployments.
Curvestone AI, €3.4M in a seed round
Location: London, the UK
Founded in: 2024
Total funding received: €3.4M
Recent funding resources: Portfolio Ventures, Boost Capital Partners, MTech Capital, D2 Fund
London’s startup Curvestone AI, which provides reliable AI automation for document-heavy workflows in regulated industries like finance, legal, and insurance, has raised €3.4 million in a seed round led by MTech Capital to accelerate product development, expand go-to-market efforts, and scale integrations across enterprise systems.
Conveyd, €2.8M in a seed round
Location: London, the UK
Founded in: 2024
Total funding received: €2.8M
Recent funding resources: Founders Factory, Portfolio Ventures, Eka Ventures
UK-based proptech startup Conveyd, which uses AI to automate and accelerate the conveyancing process for home purchases and remortgages, has secured €2.8 million in a seed round to expand its AI capabilities, scale product development, and further reduce transaction timelines from months to weeks.
Cycle Exchange, €2.7M
Location: London, the UK
Founded in: 2013
Total funding received: €2.7M
Recent funding resources: Beringea
UK-based Cycle Exchange, a premium platform for buying, selling, and refurbishing pre-owned bikes, has raised €2.7 million from Beringea to expand its national presence, scale refurbishment operations, and enhance its technology platform to streamline transactions and improve customer experience.
Hyperpilot, €2.3M in a pre-seed round
Location: London, the UK
Founded in: 2023
Total funding received: €2.3M
Recent funding resources: Octopus Ventures, Plug & Play, Tiny Supercomputer Investment Company, Join Capital
London’s Hyperpilot, an AI-driven automation startup, has raised €2.3 million in a pre-seed round from Join Capital and Octopus Ventures to accelerate product development and scale its innovative automation tools for enterprise clients.
