A Comprehensive Overview of European Startup Funding Rounds: Weekly Round-up (July 31-04) | 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 keeping track of their funding rounds can provide valuable insights into the current trends and opportunities in the startup ecosystem. In this weekly round-up, we will take a comprehensive overview of the funding rounds that took place in Europe from July 31 to August 4, as reported by EU-Startups.
1. Revolut – London-based fintech startup Revolut raised an impressive $800 million in a Series E funding round, bringing its valuation to $33 billion. The funding will be used to fuel the company’s global expansion plans and further develop its product offerings.
2. Bolt – Estonian ride-hailing and food delivery platform Bolt secured $713 million in a Series E funding round. The company plans to use the funds to expand its services across Europe and Africa, as well as invest in electric vehicles and other sustainability initiatives.
3. Hopin – Virtual events platform Hopin raised $450 million in a Series D funding round, valuing the company at $7.75 billion. The funding will support Hopin’s continued growth and innovation in the virtual events space.
4. Wolt – Finnish food delivery startup Wolt closed a $530 million funding round, led by ICONIQ Growth. The company plans to use the funds to expand its operations in Europe and Asia, as well as invest in technology and product development.
5. Personio – Munich-based HR software provider Personio raised $125 million in a Series D funding round. The company aims to use the funds to accelerate its international expansion and further develop its product offerings for small and medium-sized businesses.
6. Bitpanda – Austrian cryptocurrency platform Bitpanda secured $263 million in a Series C funding round. The funding will be used to support the company’s international expansion plans and enhance its product offerings.
7. Alan – French health insurance startup Alan raised $220 million in a Series D funding round. The company plans to use the funds to expand its operations across Europe and invest in new product features.
8. Vinted – Lithuanian online marketplace Vinted closed a $303 million funding round, led by Lightspeed Venture Partners. The funds will be used to support the company’s growth and expansion into new markets.
9. Mambu – Berlin-based fintech platform Mambu raised $135 million in a Series D funding round. The company plans to use the funds to accelerate its global expansion and invest in product development.
10. Pleo – Danish fintech startup Pleo secured $150 million in a Series C funding round. The company aims to use the funds to fuel its international growth and enhance its product offerings.
These funding rounds highlight the continued growth and potential of European startups across various sectors. The significant investments received by these companies demonstrate the confidence of investors in their business models and future prospects. As the startup ecosystem in Europe continues to thrive, it will be interesting to see how these companies utilize their funding to drive innovation, expand their operations, and make a lasting impact in their respective industries.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: Plato Data Intelligence.