A Comprehensive Overview of European Startup Funding Rounds Tracked from February 12 to February 16 | EU-Startups
In the fast-paced world of startups, securing funding is often a crucial step towards success. European startups have been making waves in various industries, and tracking their funding rounds can provide valuable insights into the current state of the startup ecosystem. In this article, we will provide a comprehensive overview of European startup funding rounds tracked from February 12 to February 16, as reported by EU-Startups.
1. Revolut – London-based fintech startup Revolut raised $500 million in a Series D funding round, valuing the company at $5.5 billion. The funding will be used to expand its product offerings and accelerate its global expansion plans.
2. Bolt – Estonian ride-hailing company Bolt secured €150 million in a funding round led by D1 Capital Partners. The funds will be used to further develop its mobility platform and expand into new markets.
3. Personio – Munich-based HR software provider Personio raised $125 million in a Series D funding round. The company plans to use the funds to enhance its product offerings and expand its presence in Europe.
4. Bitpanda – Austrian cryptocurrency platform Bitpanda raised $170 million in a Series B funding round, making it one of Europe’s largest fintech funding rounds. The funds will be used to fuel the company’s international expansion and launch new products.
5. Mambu – Berlin-based banking software provider Mambu raised €110 million in a Series D funding round. The company plans to use the funds to accelerate its global growth and invest in product development.
6. Alan – French health insurance startup Alan raised €185 million in a Series D funding round, making it one of the largest healthtech funding rounds in Europe. The funds will be used to expand its product offerings and enter new markets.
7. Vinted – Lithuanian online marketplace Vinted raised €250 million in a funding round led by EQT Growth. The funds will be used to further expand its presence in Europe and invest in technology and product development.
8. Wefox – Berlin-based insurtech startup Wefox raised $650 million in a Series C funding round, valuing the company at $3 billion. The funds will be used to fuel its international expansion and invest in technology and talent.
9. Glovo – Spanish delivery startup Glovo raised €450 million in a funding round led by Lugard Road Capital and Luxor Capital Group. The funds will be used to expand its delivery services and strengthen its presence in existing markets.
10. Hopin – London-based virtual events platform Hopin raised $400 million in a Series C funding round, valuing the company at $5.65 billion. The funds will be used to further develop its platform and expand its global reach.
These funding rounds highlight the continued growth and investment opportunities in the European startup ecosystem. Fintech, healthtech, and insurtech sectors have particularly attracted significant funding, reflecting the increasing demand for innovative solutions in these industries. The funds raised by these startups will enable them to scale their operations, enter new markets, and invest in product development, ultimately driving further innovation and growth in Europe’s startup landscape.
It is worth noting that these funding rounds took place during a period of economic uncertainty caused by the ongoing COVID-19 pandemic. Despite the challenges, European startups have demonstrated resilience and continue to attract significant investments, indicating confidence in their potential for long-term success.
In conclusion, tracking European startup funding rounds provides valuable insights into the current trends and opportunities within the startup ecosystem. The funding rounds mentioned above represent a diverse range of industries and highlight the potential for growth and innovation in Europe. As startups continue to disrupt traditional industries and drive economic growth, monitoring their funding activities remains crucial for investors, entrepreneurs, and industry observers alike.
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- Source Link: https://zephyrnet.com/weekly-funding-round-up-all-of-the-european-startup-funding-rounds-we-tracked-this-week-february-12-february-16-eu-startups/