The European startup scene is thriving, with new companies emerging every day and investors eager to support them. To keep track of the latest funding rounds, EU-Startups publishes a weekly round-up of the most significant investments made in European startups. Here is a comprehensive list of the funding rounds tracked from May 29 to June 02.
1. Finoa – €22 million
Finoa is a Berlin-based digital asset custody and financial services provider. The company raised €22 million in a Series A funding round led by Balderton Capital, with participation from Coparion, Venture Stars, and Signature Ventures. The funds will be used to expand Finoa’s team and develop new products.
2. Vinted – €250 million
Vinted is a Lithuanian online marketplace for second-hand clothing. The company raised €250 million in a Series F funding round led by EQT Growth, with participation from Accel, Burda Principal Investments, Insight Partners, Lightspeed Venture Partners, and Sprints Capital. The funds will be used to expand Vinted’s presence in Europe and develop new features.
3. Bitpanda – €263 million
Bitpanda is an Austrian cryptocurrency exchange and investment platform. The company raised €263 million in a Series C funding round led by Valar Ventures, with participation from DST Global, Jump Capital, and others. The funds will be used to expand Bitpanda’s team and develop new products.
4. Personio – €102 million
Personio is a German HR management software provider. The company raised €102 million in a Series D funding round led by Index Ventures, with participation from Meritech, Northzone, and others. The funds will be used to expand Personio’s team and develop new features.
5. Mambu – €110 million
Mambu is a German cloud banking platform provider. The company raised €110 million in a Series D funding round led by TCV, with participation from Tiger Global, Arena Holdings, Bessemer Venture Partners, and others. The funds will be used to expand Mambu’s team and develop new products.
6. Huma – €96 million
Huma is a UK-based digital health platform provider. The company raised €96 million in a Series B funding round led by Leaps by Bayer, with participation from Hitachi Ventures, Samsung Next, and others. The funds will be used to expand Huma’s team and develop new products.
7. Viz.ai – €50 million
Viz.ai is a UK-based AI-powered stroke detection and treatment platform provider. The company raised €50 million in a Series C funding round led by Greenoaks, with participation from Threshold Ventures, CRV, and others. The funds will be used to expand Viz.ai’s team and develop new features.
8. Aiven – €67 million
Aiven is a Finnish cloud data platform provider. The company raised €67 million in a Series C funding round led by Atomico, with participation from Salesforce Ventures, Earlybird Venture Capital, and others. The funds will be used to expand Aiven’s team and develop new products.
9. Kheiron Medical – €22 million
Kheiron Medical is a UK-based AI-powered breast cancer screening platform provider. The company raised €22 million in a Series A funding round led by Atomico, with participation from Greycroft, Connect Ventures, and others. The funds will be used to expand Kheiron Medical’s team and develop new features.
10. Flink – €52 million
Flink is a German online grocery delivery platform provider. The company raised €52 million in a Series B funding round led by Target Global, with participation from Northzone, Cherry Ventures, and others. The funds will be used to expand Flink’s team and develop new features.
In conclusion, the European startup scene is vibrant, with a wide range of companies attracting significant investments. The funding rounds tracked by EU-Startups from May 29 to June 02 demonstrate the diversity of the European startup ecosystem, with companies from various sectors and countries raising funds to expand their operations and develop new products. As the startup scene continues to grow, it will be interesting to see which companies will emerge as the next big players in Europe.
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- Source: Plato Data Intelligence.