The European startup scene is constantly evolving, with new companies emerging and existing ones securing funding to fuel their growth. Keeping track of all the funding rounds can be a daunting task, but EU-Startups has made it easier with their weekly round-up of European startup funding rounds.
For the week of June 19-23, EU-Startups tracked a total of 38 funding rounds across Europe, with a combined value of over €1.2 billion. The largest funding round of the week was secured by German fintech company N26, which raised €570 million in a Series D round led by Insight Partners and joined by several other investors.
Other notable funding rounds included:
– Swedish e-scooter company Voi raised €160 million in a Series C round led by The Raine Group and joined by several other investors.
– French e-commerce platform Mirakl raised €300 million in a Series D round led by Permira and joined by several other investors.
– UK-based fintech company Checkout.com raised €230 million in a Series A round led by Insight Partners and joined by several other investors.
– German insurtech company Wefox raised €235 million in a Series C round led by Mubadala Investment Company and joined by several other investors.
The funding rounds were spread across various industries, including fintech, e-commerce, transportation, and healthcare. The majority of the funding rounds were led by venture capital firms, but there were also several corporate investors involved.
EU-Startups’ weekly round-up provides valuable insights into the European startup ecosystem, highlighting the companies that are attracting significant investment and the investors that are backing them. It also serves as a useful resource for entrepreneurs and investors who are looking to stay up-to-date on the latest funding trends and opportunities in Europe.
Overall, the European startup scene continues to thrive, with innovative companies across various industries attracting significant investment. As the ecosystem continues to evolve, it will be interesting to see which companies emerge as the next big players and which investors are willing to back them.
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- Source: Plato Data Intelligence.