The European startup ecosystem has been growing rapidly in recent years, with new companies emerging in various sectors and industries. One of the key drivers of this growth is the availability of funding for startups, which has increased significantly in recent years. In this article, we will provide a comprehensive review of the European startup funding rounds tracked for the week of March 20-24.
1. Fintech startup, Tink, raises €85 million
Swedish fintech startup, Tink, raised €85 million in a funding round led by Eurazeo Growth and Dawn Capital. The company provides an open banking platform that allows users to access financial data from multiple banks in one place. The funding will be used to expand Tink’s services across Europe and to develop new products.
2. Healthtech startup, Medbelle, raises €6 million
London-based healthtech startup, Medbelle, raised €6 million in a funding round led by signals Venture Capital. The company provides a digital platform that connects patients with healthcare providers and offers a range of medical services. The funding will be used to expand Medbelle’s services across the UK and to develop new products.
3. Edtech startup, Lingoda, raises €57 million
Berlin-based edtech startup, Lingoda, raised €57 million in a funding round led by Summit Partners. The company provides online language courses and has seen significant growth in recent years. The funding will be used to expand Lingoda’s services globally and to develop new products.
4. E-commerce startup, Gorillas, raises €245 million
Berlin-based e-commerce startup, Gorillas, raised €245 million in a funding round led by Coatue Management. The company provides an on-demand grocery delivery service and has seen significant growth in recent months. The funding will be used to expand Gorillas’ services across Europe and to develop new products.
5. Cybersecurity startup, CybelAngel, raises €10 million
Paris-based cybersecurity startup, CybelAngel, raised €10 million in a funding round led by Serena. The company provides a platform that helps businesses detect and prevent data breaches. The funding will be used to expand CybelAngel’s services globally and to develop new products.
Overall, the European startup ecosystem continues to attract significant investment, with funding rounds for startups in various sectors and industries. These funding rounds demonstrate the potential for growth and innovation in the European startup ecosystem and highlight the importance of supporting startups in their early stages. As the ecosystem continues to grow, it is likely that we will see more funding rounds and new startups emerging in the coming years.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- Source: Plato Data Intelligence: PlatoData