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 May 22-26, EU-Startups tracked a total of 38 funding rounds, with a combined total of €1.2 billion raised. The largest funding round of the week was secured by German fintech company N26, which raised €470 million in a Series D round led by Insight Venture Partners and GIC.
Other notable funding rounds included French e-commerce platform Mirakl raising €70 million in a Series C round led by Bain Capital Ventures, and UK-based cybersecurity company Darktrace raising $50 million in a Series E round led by Vitruvian Partners.
The funding rounds were spread across various industries, with fintech and e-commerce being the most popular. Other industries that secured funding included healthtech, proptech, and edtech.
The funding rounds were also spread across various European countries, with Germany and the UK leading the way in terms of the number of funding rounds. Other countries that secured funding included France, Spain, Sweden, and Switzerland.
EU-Startups’ weekly round-up provides valuable insights into the European startup scene, highlighting the companies that are securing funding and the investors that are backing them. It also provides a comprehensive list of funding rounds, making it easier for investors and entrepreneurs to keep track of the latest developments in the European startup ecosystem.
Overall, the European startup scene is thriving, with companies across various industries securing funding to fuel their growth. With EU-Startups’ weekly round-up, it’s easier than ever to stay up-to-date on the latest funding rounds and emerging startups in Europe.
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- Source: Plato Data Intelligence.