The European startup ecosystem is thriving, with new companies emerging every week. However, starting a business can be challenging, especially when it comes to securing funding. Fortunately, there are many investors and venture capitalists who are willing to invest in promising startups. To help entrepreneurs stay up-to-date on the latest funding rounds, we have compiled a comprehensive list of European startup funding rounds for the week of March 20-24.
1. Manna raises €5 million in seed funding
Manna, an Irish drone delivery company, has raised €5 million in seed funding. The funding round was led by Dynamo Ventures, with participation from Atlantic Bridge, Elkstone Partners, and others. Manna plans to use the funds to expand its drone delivery service across Europe.
2. Fintech startup Penta raises €18.5 million in Series B funding
Berlin-based fintech startup Penta has raised €18.5 million in Series B funding. The round was led by RTP Global, with participation from HV Holtzbrinck Ventures and others. Penta plans to use the funds to expand its banking services for small and medium-sized businesses.
3. Swedish edtech startup Learnster raises €3 million in seed funding
Learnster, a Swedish edtech startup, has raised €3 million in seed funding. The funding round was led by Brighteye Ventures, with participation from Luminar Ventures and others. Learnster plans to use the funds to expand its online learning platform for K-12 students.
4. Dutch food waste startup Wasteless raises €2.5 million in seed funding
Wasteless, a Dutch food waste startup, has raised €2.5 million in seed funding. The funding round was led by Slingshot Ventures, with participation from Circularis Partners and others. Wasteless plans to use the funds to expand its technology that helps retailers reduce food waste.
5. French proptech startup Homeloop raises €4 million in seed funding
Homeloop, a French proptech startup, has raised €4 million in seed funding. The funding round was led by Global Founders Capital, with participation from Partech and others. Homeloop plans to use the funds to expand its platform that helps homeowners sell their properties quickly.
6. UK-based fintech startup Wagestream raises €40 million in Series B funding
Wagestream, a UK-based fintech startup, has raised €40 million in Series B funding. The funding round was led by Balderton Capital, with participation from Northzone and others. Wagestream plans to use the funds to expand its platform that allows employees to access their earned wages before payday.
7. German insurtech startup Getsafe raises €30 million in Series B funding
Getsafe, a German insurtech startup, has raised €30 million in Series B funding. The funding round was led by Swiss Re, with participation from Earlybird and others. Getsafe plans to use the funds to expand its digital insurance platform.
These are just a few of the many European startups that have secured funding in the past week. With investors showing a keen interest in innovative and promising startups, entrepreneurs have a great opportunity to secure the funding they need to turn their ideas into successful businesses.
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