Weekly Startup Ecosystem Overview in Europe / October 21 - 25

Weekly Startup Ecosystem Overview in Europe / October 21 - 25

This week, more than 75 funding rounds took place in European entrepreneurship ecosystem. Here is the notable funding rounds and secondary?transactions between October 21 - 25:

Investments:

2 United Kingdom (UK), 1 Italy, 1 Portugal, 1 Switzerland, 1 Poland

Sectors Received Investments:

1 Cyber Security

1 Analytics

1 Artificial Intelligence

1 Cloud Infrastructure

1 Decentralized Finance

1 Identity Management

News of the Week

?? Cybersecurity awareness training platform Cyber Guru raised $25 million.

Cyber Guru, which develops a cybersecurity awareness training platform to improve the security of individuals and organizations, has raised $25 million in Series B funding round, led by Riverside Acceleration Capital. Educapital, Adara Ventures and P101 Ventures also participated in the investment round.

Transaction Type: Investment

Investors: Riverside Acceleration Capital, Educapital, Adara Ventures,?P101 Ventures

Co-founders: Gianni Baroni

Headquarters: Italy

?? Retail solution provider Sensei raised €15 million.

Sensei, which offers a scalable, seamless store-wide solution that empowers the stores of the future to be check-out and cash free, has raised €15 million in Series A funding round. The investment round was led by BlueCrow Capital, with participation from Metro AG, Techstars Ventures, Lince Capital, Explorer Investments and Kamay Ventures.

Transaction Type: Investment

Investors: BlueCrow Capital, Metro AG, Techstars Ventures, Lince Capital, Explorer Investments, Kamay Ventures

Co-founders: Vasco Portugal

Headquarters: Portugal

?? AI legal editor Genie AI raised £13.3 million.

Genie AI, an ai-based egal editor that enables everyone to draft, review, edit, and negotiate legal documents more efficiently, has raised £13.3 million in Series A funding round from Google Ventures and Khosla Ventures.

Transaction Type: Investment

Investors: Google Ventures, Khosla Ventures

Co-founders: Nitish Mutha,?Rafie Faruq

Headquarters: United Kingdom (UK)

?? Intelligent platform Validation Cloud?raised $10 million.

Validation Cloud, a Web3 infrastructure company that connects organizations into Web3 through a fast, scalable and intelligent platform, has raised $10 million from True Global Ventures.

Transaction Type: Investment

Investors: True Global Ventures

Co-founders: Alex Nwaka

Headquarters: Switzerland

?? DeFi platform Alvara Protocol raised $10 million.

Alvara, a platform that enables fund managers to create, manage, and earn tokenized basket funds, has raised $10 million from Nimbus Capital.

Transaction Type: Investment

Investors: Nimbus Capital

Co-founders: -

Headquarters: United Kingdom (UK)

?? Identity verification solution Authologic raised $8.2 million.

Autholgic, which provides a solution that allows users to execute verification of the user’s identity, has raised $8.2 million in Series A funding round, led by OpenOcean. YCombinator and Peak Capital also participated in the investment round.

Transaction Type: Investment

Investors: OpenOcean, YCombinator, Peak Capital

Co-founders:?Krzysztof Klimczak

Headquarters: Poland

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