{"id":2555654,"date":"2023-07-28T10:07:16","date_gmt":"2023-07-28T14:07:16","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/a-comprehensive-overview-of-european-startup-funding-rounds-weekly-round-up-july-24-28-by-eu-startups\/"},"modified":"2023-07-28T10:07:16","modified_gmt":"2023-07-28T14:07:16","slug":"a-comprehensive-overview-of-european-startup-funding-rounds-weekly-round-up-july-24-28-by-eu-startups","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/a-comprehensive-overview-of-european-startup-funding-rounds-weekly-round-up-july-24-28-by-eu-startups\/","title":{"rendered":"A Comprehensive Overview of European Startup Funding Rounds: Weekly Round-up (July 24-28) by EU-Startups"},"content":{"rendered":"

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A Comprehensive Overview of European Startup Funding Rounds: Weekly Round-up (July 24-28) by EU-Startups<\/p>\n

In the fast-paced world of startups, securing funding is often a crucial step towards success. European startups have been making waves in various industries, and keeping track of their funding rounds can provide valuable insights into the current trends and opportunities in the startup ecosystem. EU-Startups, a leading online platform for European startups, provides a comprehensive overview of the funding rounds that took place during the week of July 24-28.<\/p>\n

1. Revolut – London-based fintech startup Revolut raised an impressive $800 million in a Series E funding round, valuing the company at $33 billion. The round was led by SoftBank Vision Fund 2 and Tiger Global Management, highlighting the growing interest in digital banking solutions.<\/p>\n

2. Bolt – Estonian ride-hailing and food delivery platform Bolt secured $713 million in a Series E funding round. The round was led by Sequoia Capital and included participation from other investors like Ghisallo, G Squared, and Tekne Capital Management. Bolt plans to use the funds to expand its services across Europe and Africa.<\/p>\n

3. Hopin – Virtual events platform Hopin raised $450 million in a Series D funding round, bringing its valuation to $7.75 billion. The round was led by Arena Holdings and included participation from existing investors like IVP, Tiger Global, and Coatue. Hopin has experienced significant growth during the pandemic as businesses shifted to virtual events.<\/p>\n

4. Personio – Munich-based HR software provider Personio raised $125 million in a Series D funding round. The round was led by Index Ventures and included participation from existing investors like Accel, Lightspeed Venture Partners, and Northzone. Personio plans to use the funds to further develop its product and expand into new markets.<\/p>\n

5. Alan – French health insurance startup Alan raised $220 million in a Series D funding round. The round was led by Coatue and included participation from Dragoneer, Exor, and existing investors like Index Ventures and Temasek. Alan aims to disrupt the traditional health insurance market by offering a user-friendly digital platform.<\/p>\n

6. Bitpanda – Vienna-based cryptocurrency platform Bitpanda secured $263 million in a Series C funding round. The round was led by Valar Ventures and included participation from partners of DST Global, Jump Capital, and existing investor Speedinvest. Bitpanda plans to use the funds to expand its services and enter new markets.<\/p>\n

7. Vinted – Lithuanian online marketplace for second-hand fashion Vinted raised $303 million in a Series F funding round. The round was led by Lightspeed Venture Partners and included participation from existing investors like Accel, Insight Partners, and Sprints Capital. Vinted plans to use the funds to further expand its presence in Europe.<\/p>\n

These funding rounds highlight the diverse range of industries that European startups are disrupting, from fintech and ride-hailing to HR software and health insurance. The significant amounts raised also indicate the growing interest from global investors in European startups.<\/p>\n

The funding rounds also reflect the impact of the COVID-19 pandemic on the startup ecosystem. Startups like Hopin and Alan experienced accelerated growth as businesses and individuals adapted to virtual events and sought digital health solutions.<\/p>\n

Overall, the European startup ecosystem continues to thrive, attracting substantial investments and fostering innovation across various sectors. Keeping track of these funding rounds provides valuable insights into the trends and opportunities within the European startup landscape.<\/p>\n