The European startup ecosystem is constantly evolving, with new companies emerging every day and seeking funding to fuel their growth. Keeping track of the latest funding rounds can be a daunting task, but it is essential for investors, entrepreneurs, and industry insiders to stay up-to-date on the latest trends and developments. In this article, we will provide a comprehensive review of the European startup funding rounds tracked for the week of March 20-24.
1. Paddle Raises $68 Million in Series C Funding Round
Paddle, a London-based software company that provides e-commerce solutions for software developers, raised $68 million in a Series C funding round led by FTV Capital. The company plans to use the funds to expand its product offerings and accelerate its growth in the US market.
2. Zego Raises $42 Million in Series B Funding Round
Zego, a London-based insurtech startup that provides insurance products for gig economy workers, raised $42 million in a Series B funding round led by Target Global. The company plans to use the funds to expand its product offerings and enter new markets.
3. Huma Raises $130 Million in Series C Funding Round
Huma, a London-based healthtech startup that provides remote monitoring solutions for patients with chronic conditions, raised $130 million in a Series C funding round led by Leaps by Bayer. The company plans to use the funds to expand its product offerings and enter new markets.
4. Manna Raises $25 Million in Series A Funding Round
Manna, a Dublin-based drone delivery startup that provides last-mile delivery solutions for e-commerce companies, raised $25 million in a Series A funding round led by Draper Esprit. The company plans to use the funds to expand its operations and launch new services.
5. N26 Raises $570 Million in Series D Funding Round
N26, a Berlin-based neobank that provides mobile banking solutions for consumers, raised $570 million in a Series D funding round led by Insight Partners and GIC. The company plans to use the funds to expand its product offerings and enter new markets.
6. Personio Raises $125 Million in Series D Funding Round
Personio, a Munich-based HR software startup that provides solutions for small and medium-sized businesses, raised $125 million in a Series D funding round led by Index Ventures. The company plans to use the funds to expand its product offerings and enter new markets.
7. Vinted Raises $303 Million in Series F Funding Round
Vinted, a Vilnius-based online marketplace for second-hand clothing, raised $303 million in a Series F funding round led by Lightspeed Venture Partners. The company plans to use the funds to expand its operations and enter new markets.
In conclusion, the European startup ecosystem continues to attract significant investment, with a wide range of companies raising funds to fuel their growth. From insurtech and healthtech startups to neobanks and e-commerce solutions providers, there is no shortage of innovation and entrepreneurship in Europe. By staying up-to-date on the latest funding rounds, investors, entrepreneurs, and industry insiders can gain valuable insights into the latest trends and developments in the European startup ecosystem.
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- Source: Plato Data Intelligence: PlatoData