EU-Startups is a leading online publication that provides comprehensive coverage of the European startup ecosystem. One of the key features of the website is its weekly round-up of startup funding rounds that have taken place in Europe. In this article, we will provide a comprehensive overview of the funding rounds tracked by EU-Startups from June 05-09.
The week of June 05-09 saw a total of 29 funding rounds take place in Europe, with a combined value of €1.2 billion. The largest funding round of the week was raised by the German fintech company N26, which secured €470 million in a Series D funding round led by Insight Partners and GIC. This brings the total amount raised by N26 to €670 million, making it one of the most well-funded fintech startups in Europe.
Another notable funding round was raised by the French e-commerce company Mirakl, which secured €300 million in a Series D funding round led by Permira. Mirakl provides a platform for businesses to launch and manage their own online marketplaces, and has seen significant growth in recent years as more companies look to expand their online presence.
Other notable funding rounds from the week include:
– The German insurtech company Wefox, which raised €235 million in a Series C funding round led by Target Global and Salesforce Ventures.
– The UK-based fintech company Checkout.com, which raised €230 million in a Series A funding round led by Insight Partners and DST Global.
– The Swedish e-scooter company Voi, which raised €160 million in a Series C funding round led by The Raine Group.
Overall, the week of June 05-09 saw a strong showing for European startups, with several companies raising significant amounts of funding to fuel their growth and expansion plans. The fintech and e-commerce sectors were particularly active, with several companies in these industries securing large funding rounds.
In conclusion, the weekly round-up of startup funding rounds by EU-Startups provides a valuable resource for anyone interested in tracking the growth and development of the European startup ecosystem. The week of June 05-09 saw several notable funding rounds take place, with N26 and Mirakl raising particularly large amounts of capital. As the European startup ecosystem continues to mature and evolve, it will be interesting to see what other exciting developments emerge in the coming weeks and months.
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- Source: Plato Data Intelligence.