The European startup scene is buzzing with activity, with new companies emerging every day and established ones looking to expand their operations. One of the key drivers of this growth is funding, and investors are constantly on the lookout for promising startups to invest in. In this article, we will take a comprehensive look at the funding rounds that took place in Europe during the week of March 20-24.
First up is London-based fintech startup, Curve. The company raised $95 million in a Series C funding round led by IDC Ventures, Fuel Venture Capital, and Vulcan Capital. Curve offers a platform that allows users to consolidate all their bank cards into one, making it easier to manage their finances. The funds raised will be used to expand the company’s operations in Europe and the US.
Next on the list is Berlin-based digital health startup, Ada Health. The company raised $90 million in a Series B funding round led by Leaps by Bayer and Samsung Catalyst Fund. Ada Health offers an AI-powered health assessment platform that helps users identify potential health issues and provides personalized recommendations. The funds raised will be used to expand the company’s operations globally.
Another notable funding round was raised by Paris-based e-commerce platform, Mirakl. The company raised $555 million in a Series E funding round led by Silver Lake and joined by 83North, Bain Capital Ventures, Elaia Partners, and Permira. Mirakl offers a platform that allows businesses to launch their own online marketplaces. The funds raised will be used to expand the company’s operations in North America and Asia.
Moving on to the gaming industry, Helsinki-based mobile game developer, Supercell, raised $180 million in a secondary share sale. The company is best known for its popular games such as Clash of Clans and Clash Royale. The funds raised will be used to buy back shares from employees and early investors.
Finally, Amsterdam-based fintech startup, Mollie, raised $106 million in a Series B funding round led by TCV. Mollie offers a payment platform that allows businesses to accept online payments. The funds raised will be used to expand the company’s operations in Europe.
In conclusion, the European startup scene is thriving, with funding rounds taking place across various industries. From fintech to e-commerce and gaming, investors are showing a keen interest in startups that offer innovative solutions and have the potential for growth. With these funds, these startups can continue to expand their operations and make a significant impact in their respective industries.
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- Source: Plato Data Intelligence: PlatoData