The European startup scene is thriving, with new companies emerging every day and investors eager to support them. To keep track of the latest developments in the industry, EU-Startups publishes a weekly round-up of funding rounds that took place in the previous week. Here is a comprehensive overview of the funding rounds tracked from May 15-19.
1. Fintech startup, Tink, raised €85 million in a funding round led by Eurazeo Growth and Dawn Capital. The Swedish company provides open banking services to financial institutions and has already partnered with major banks such as ABN AMRO and BNP Paribas.
2. German e-commerce platform, Trade Republic, raised €62 million in a Series B funding round led by Accel and Founders Fund. The platform allows users to invest in stocks and ETFs without paying any commission fees.
3. French startup, Alan, raised €50 million in a Series C funding round led by Temasek and Index Ventures. The health insurance company aims to provide affordable and transparent healthcare to its customers.
4. UK-based fintech company, GoCardless, raised €70 million in a funding round led by Google Ventures and Adams Street Partners. The company provides a platform for businesses to collect recurring payments from their customers.
5. Dutch startup, MessageBird, raised €200 million in a Series C funding round led by Spark Capital. The company provides a cloud communications platform for businesses to communicate with their customers through various channels such as SMS, voice, and chat.
6. German proptech startup, Homeday, raised €40 million in a Series C funding round led by Project A Ventures and AXA Venture Partners. The company provides a platform for homeowners to sell their properties with the help of local real estate agents.
7. French startup, Yubo, raised €11.2 million in a funding round led by Iris Capital. The social media platform is aimed at teenagers and allows them to connect with each other through live streaming and chat.
These funding rounds demonstrate the diversity of the European startup scene, with companies from various industries and countries receiving support from investors. The total amount raised in these funding rounds alone is over €500 million, highlighting the significant investment opportunities available in the industry.
Overall, the European startup scene is thriving, with new companies emerging every day and investors eager to support them. The weekly round-up by EU-Startups provides a valuable resource for keeping track of the latest developments in the industry.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Minting the Future w Adryenn Ashley. Access Here.
- Buy and Sell Shares in PRE-IPO Companies with PREIPO®. Access Here.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Source: https://zephyrnet.com/weekly-funding-round-up-all-of-the-european-startup-funding-rounds-we-tracked-this-week-may-15-19-eu-startups/