Weekly Startup Ecosystem Overview in Europe / 1 – 6 May

Last week, 10 startups in the European entrepreneurship ecosystem received investment. The headquarters of the startups that received investment were distributed as United Kingdom, Germany, France, Sweden, Switzerland, Ukraine, Spain and Greece. 1 startup purchase has been also made.

Investments:

3 United Kingdom (UK), 1 Sweden, 1 Greece, 1 Germany, 1 Switzerland, 1 Ukraine, 1 France, 1 Spain

Bonus:

1 UK-based startup acquires US-based company.

Sectors Received Investments:

2 Energy

2 Artificial Intelligence

1 Software

1 Industrial Engineering

1 Travel Tech

1 Fintech

1 E-commerce

1 HR Tech

News of the Week

?? Sodium-ion battery developer?Altris raised funding.

Altris, a startup that develops a new sodium-ion battery cathode material that is made entirely of abundant and environmental materials, has raised €4.8 million in bridge financing transaction.

Transaction Type: Investment

Investment Amount: €4.800.000

Investors: -

Co-founders: Adam Dahlquist, Reza Younesi, Ronnie Mogensen, Tim Nordh

Country: Sweden

?? AI-based energy startup SMPnet raised funding.

Real-time optimisation and control technology to accelerate the energy transition SMPnet, received an investment of $1.4 million in Seed funding round, led by Marathon Venture Capital . Angel investor Ian Marchant also participated in the investment round.

Transaction Type: Investment

Investment Amount: $1.400.000

Investors: Marathon Venture Capital, Ian Marchant

Co-founders: Anastasios Rousis, Dimitris Tzelepis

Country: Greece

?? AI-based software Osavul raised funding.

Osavul, an ai-based software company, has raised $1 million in Seed funding round from SMRK Venture Fund .

Transaction Type: Investment

Investment Amount: $1.000.000

Investors: SMRK Venture Fund

Co-founders: Dmytro Bilash, Dmytro Pleshakov

Country: Ukraine

?? Pet tech company Barkibu raised funding.

Barkibu, a startup that offers an ai-based platform for preventing pet illnesses and predicting consumer behavior in retail, has raised $5 million. The investment round was led by Kfund , with participation from Alma Mundi Ventures .

Transaction Type: Investment

Investment Amount: $5.000.000

Investors: Kfund, Alma Mundi Ventures

Co-founders: Enrique Torres Redondo, Pablo Pazos Rey, Patricia Mendez Seoane

Country: Spain

?? Simulation developer Quaisr raised funding.

Quaisr, which develops simulations for the full digital-twin lifecycle, received an investment of $3.1 million in pre-Seed funding round, led by Crane Venture Partners . Acequia Capital, Carsten Thoma and Eric Landau also participated in the invesment round.

Transaction Type: Investment

Investment Amount: $3.100.000

Investors: Crane Venture Partners, Acequia Capital, Carsten Thoma, Eric Landau

Co-founders: Lachlan Mason

Country: United Kingdom (UK)

?? Engineering intelligence platform Spread raised funding.

Spread, a digital engineering software developer that aims to increase sustainability by understanding 3D data like engineers, has raised $16 million in Series A funding round. The investment round was led by HV Capital , with participation from Cavalry Ventures , Dylan Field and Walter Kortschak.

Transaction Type: Investment

Investment Amount: $16.000.000

Investors: HV Capital, Cavalry Ventures, Dylan Field, Walter Kortschak

Co-founders: Daniel Halbig, Philipp Noll, Robert G?bel

Country: Germany

?? Booking platform?Viatu raised funding.

Sustainable travel company Viatu, received an investment of $1 million in Seed funding round, led by Ndoto LLC , with participation from ASI Reisen and Loic Amado.

Transaction Type: Investment

Investment Amount: $1.000.000

Investors: Ndoto LLC, ASI Reisen, Loic Amado

Co-founders: Alfredo Seidemann, Barbara Buchel

Country: Switzerland

?? Banking platform Green-Got raised funding.

Green-Got, a startup that provides services for payment service provider, received an investment of €5 million, led by VC Pale Blue Dot .

Transaction Type: Investment

Investment Amount: €5.000.000

Investors: Pale Blue Dot

Co-founders: Andréa Ganovelli, Maud Caillaux

Country: France

?? E-commerce marketplace Secret Sales raised funding.

Online fashion marketplace Secret Sales, has raised €11.3 million in Series A funding round. The investment round was led by Perwyn , with participation from Belerion Capital , THG , Big Ideas Group and Boohoo Group .

Transaction Type: Investment

Investment Amount: €11.300.000

Investors: Perwyn, Belerion Capital, THGi Big Ideas Group, Boohoo Group

Co-founders: Chris Griffin, Matt Purt

Country: United Kingdom (UK)

?? Technical hiring platform hackajob raised funding.

hackajob, a hiring platform for companies to grow their permanent tech teams, has raised $25 million in Series B funding round, led by Volition Capital . Foresight Group and AXA Venture Partners also participated in the investment round.

Transaction Type: Investment

Investment Amount: $25.000.000

Investors: Volition Capital, Foresight Group, AXA Venture Partners

Co-founders: Mark Chaffey, Razvan Creanga

Country: United Kingdom (UK)

?? Paragraf acquires Cardea Bio .

UK-based graphene device manufacturer?Paragraf has acquired graphene biosensor maker Cardea Bio.

Transaction Type: Acquisition

Investors: Paragraf

Co-founders: Brett Goldsmith, Kiana Aran, Ross Bundy

Country: United States (US)

Other News:

?? Early-stage and growth venture capital investor HV Capital, has announced the close of a €710 million fund to back European startups of all stages.

?? Pan-European firm Claret Capital Partners has launched a new €72 million Opportunity Fund, earmarked to provide follow-on funding for its portfolio.

?? Digital transformation and cybersecurity firm Noventiq has signed a merger agreement with special purpose acquisitions company Corner Growth Acquisition Corp in order to list on New York’s Nasdaq.

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