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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