The European startup scene is thriving, with new companies emerging every day. With so much activity, it can be difficult to keep track of the latest funding rounds. To help you stay up-to-date, here’s a weekly roundup of the biggest European startup funding rounds from February 27 to March 3.
The biggest funding round of the week was for UK-based fintech startup Revolut, which raised $500 million in a Series D funding round. The round was led by TCV and included participation from existing investors such as DST Global, Index Ventures, and Ribbit Capital. The funding will be used to expand Revolut’s product offering and expand into new markets.
In France, AI-powered healthtech startup Doctolib raised $200 million in a Series D funding round. The round was led by General Atlantic and included participation from existing investors such as Accel, Bpifrance, and Eurazeo. The funding will be used to expand Doctolib’s presence in Europe and develop new products.
In Germany, online grocery delivery startup Flink raised $100 million in a Series B funding round. The round was led by DST Global and included participation from existing investors such as Target Global and Earlybird Venture Capital. The funding will be used to expand Flink’s presence in Germany and other European markets.
In Spain, AI-powered cybersecurity startup Panda Security raised $77 million in a Series C funding round. The round was led by KKR and included participation from existing investors such as Accel, Atomico, and Nauta Capital. The funding will be used to expand Panda Security’s presence in Europe and the US.
In the Netherlands, AI-powered logistics startup Sixfold raised $60 million in a Series B funding round. The round was led by Lakestar and included participation from existing investors such as Atomico, DN Capital, and Endeit Capital. The funding will be used to expand Sixfold’s presence in Europe and develop new products.
Finally, in Sweden, AI-powered healthcare startup Sophia Genetics raised $50 million in a Series C funding round. The round was led by GV (formerly Google Ventures) and included participation from existing investors such as Balderton Capital and Idinvest Partners. The funding will be used to expand Sophia Genetics’ presence in Europe and the US.
These are just some of the biggest European startup funding rounds from February 27 to March 3. With so much activity in the European startup scene, it’s important to stay informed about the latest developments. By keeping track of the latest funding rounds, you can gain valuable insights into the European startup landscape and identify potential investment opportunities.
Source: Plato Data Intelligence: PlatoAiStream