The European startup scene is thriving, with new companies popping up every week and investors eager to fund them. Keeping track of all the funding rounds can be a daunting task, but luckily there are resources available to help. One such resource is Dealroom, a platform that tracks startup funding rounds across Europe. Here is a comprehensive list of the funding rounds tracked by Dealroom for the week of March 20-24.
1. Cognism – London-based sales acceleration startup Cognism raised $10 million in a Series B funding round led by PeakSpan Capital. The company plans to use the funds to expand its sales and marketing efforts.
2. Brolly – UK-based insurance startup Brolly raised £1 million in a seed funding round led by Valar Ventures. The company plans to use the funds to develop its product and expand its team.
3. Viz.ai – San Francisco-based healthcare startup Viz.ai raised $21 million in a Series A funding round led by Kleiner Perkins. The company’s AI-powered platform helps doctors quickly diagnose and treat strokes.
4. Hometogo – Berlin-based vacation rental search engine Hometogo raised €22 million in a Series C funding round led by Insight Venture Partners. The company plans to use the funds to expand its global reach.
5. Tessian – London-based cybersecurity startup Tessian raised $13 million in a Series A funding round led by Balderton Capital. The company’s machine learning technology helps prevent email phishing attacks.
6. Wefox – Berlin-based insurtech startup Wefox raised $125 million in a Series B funding round led by Mubadala Investment Company. The company plans to use the funds to expand its product offerings and enter new markets.
7. Badi – Barcelona-based room rental platform Badi raised €10 million in a Series A funding round led by Spark Capital. The company plans to use the funds to expand its presence in Europe.
8. Zego – London-based insurtech startup Zego raised £6 million in a Series A funding round led by Balderton Capital. The company provides insurance for gig economy workers, such as Uber drivers.
9. Cuvva – London-based insurtech startup Cuvva raised £1.5 million in a seed funding round led by LocalGlobe. The company provides short-term car insurance through its mobile app.
10. Qonto – Paris-based fintech startup Qonto raised €10 million in a Series A funding round led by Valar Ventures. The company provides online banking services for small businesses.
These funding rounds are just a snapshot of the vibrant European startup scene. With investors eager to fund innovative companies and entrepreneurs eager to disrupt industries, the future looks bright for startups across the continent.
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- Source: Plato Data Intelligence: PlatoData