The European startup scene is constantly evolving, with new companies emerging and existing ones securing funding to fuel their growth. Keeping track of all the funding rounds can be a daunting task, but fortunately, there are resources available to help. In this article, we will provide a comprehensive round-up of the European startup funding rounds tracked for the week of April 24-28.
1. Fintech startup, Tink, raises €85 million in Series D funding round
Swedish fintech startup, Tink, raised €85 million in a Series D funding round led by Eurazeo Growth, with participation from existing investors such as PayPal Ventures and HMI Capital. Tink provides open banking services that allow customers to access financial data from multiple banks in one place.
2. German e-commerce platform, Trade Republic, secures €62 million in Series B funding
Trade Republic, a Berlin-based e-commerce platform that allows users to invest in stocks and ETFs, raised €62 million in a Series B funding round led by Accel and Founders Fund. The company plans to use the funds to expand its product offering and enter new markets.
3. French insurtech startup, Luko, raises €50 million in Series B funding
Luko, a Paris-based insurtech startup that offers home insurance, raised €50 million in a Series B funding round led by EQT Ventures. The company plans to use the funds to expand its product offering and enter new markets.
4. UK-based fintech startup, Curve, raises €49 million in Series B funding
Curve, a London-based fintech startup that offers a single card for all bank accounts and credit cards, raised €49 million in a Series B funding round led by Gauss Ventures and Creditease. The company plans to use the funds to expand its product offering and enter new markets.
5. Dutch fintech startup, Mollie, raises €90 million in Series B funding
Mollie, an Amsterdam-based fintech startup that provides payment services to businesses, raised €90 million in a Series B funding round led by TCV. The company plans to use the funds to expand its product offering and enter new markets.
6. German proptech startup, McMakler, raises €50 million in Series D funding
McMakler, a Berlin-based proptech startup that offers online real estate services, raised €50 million in a Series D funding round led by Target Global. The company plans to use the funds to expand its product offering and enter new markets.
7. UK-based edtech startup, GoStudent, raises €70 million in Series B funding
GoStudent, a London-based edtech startup that offers online tutoring services, raised €70 million in a Series B funding round led by Coatue Management. The company plans to use the funds to expand its product offering and enter new markets.
In conclusion, the European startup scene is thriving, with companies across various industries securing significant funding rounds to fuel their growth. From fintech and e-commerce to insurtech and proptech, there is no shortage of innovation and investment in the European startup ecosystem. As the world continues to navigate the challenges of the COVID-19 pandemic, it is encouraging to see that startups are still able to secure funding and pursue their goals of disrupting traditional industries and creating new solutions for consumers.
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