{"id":2564230,"date":"2023-09-01T11:33:29","date_gmt":"2023-09-01T15:33:29","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/a-comprehensive-overview-of-european-startup-funding-rounds-tracked-from-august-28-to-september-01-eu-startups\/"},"modified":"2023-09-01T11:33:29","modified_gmt":"2023-09-01T15:33:29","slug":"a-comprehensive-overview-of-european-startup-funding-rounds-tracked-from-august-28-to-september-01-eu-startups","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/a-comprehensive-overview-of-european-startup-funding-rounds-tracked-from-august-28-to-september-01-eu-startups\/","title":{"rendered":"A Comprehensive Overview of European Startup Funding Rounds Tracked from August 28 to September 01 | EU-Startups"},"content":{"rendered":"

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A Comprehensive Overview of European Startup Funding Rounds Tracked from August 28 to September 01 | 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 state of the startup ecosystem. In this article, we will provide a comprehensive overview of European startup funding rounds tracked from August 28 to September 01, as reported by EU-Startups.<\/p>\n

1. Revolut – London-based fintech startup Revolut raised an impressive $800 million in a Series E funding round, bringing its valuation to $33 billion. The funding will be used to fuel the company’s global expansion plans and further develop its product offerings.<\/p>\n

2. Bolt – Estonian ride-hailing and food delivery platform Bolt secured $713 million in a Series E funding round. The company plans to use the funds to expand its services across Europe and Africa, as well as invest in electric vehicles and other sustainable initiatives.<\/p>\n

3. Hopin – Virtual events platform Hopin raised $450 million in a Series D funding round, valuing the company at $7.75 billion. The funding will support Hopin’s continued growth and innovation in the virtual events space.<\/p>\n

4. Wolt – Finnish food delivery startup Wolt closed a $530 million funding round, led by ICONIQ Growth. The company plans to use the funds to expand its operations in Europe and Asia, as well as invest in technology and talent acquisition.<\/p>\n

5. Personio – Munich-based HR software provider Personio raised $125 million in a Series D funding round. The company aims to use the funds to further develop its product offerings and expand its presence in Europe.<\/p>\n

6. Bitpanda – Austrian cryptocurrency platform Bitpanda secured $263 million in a Series C funding round. The funds will be used to accelerate the company’s international expansion and enhance its product offerings.<\/p>\n

7. Alan – French health insurance startup Alan raised $220 million in a Series D funding round. The company plans to use the funds to expand its operations across Europe and invest in new product development.<\/p>\n

8. Pleo – Danish fintech startup Pleo closed a $150 million funding round, led by Bain Capital Ventures. The company intends to use the funds to accelerate its growth and expand its product offerings.<\/p>\n

9. Vinted – Lithuanian online marketplace Vinted raised $303 million in a Series F funding round. The company plans to use the funds to further expand its presence in Europe and invest in technology and marketing.<\/p>\n

10. Mambu – Berlin-based banking software provider Mambu secured $135 million in a Series D funding round. The funding will be used to support the company’s global expansion plans and enhance its product offerings.<\/p>\n

These funding rounds highlight the diverse range of industries and countries represented in the European startup ecosystem. Fintech, food delivery, virtual events, HR software, cryptocurrency, health insurance, online marketplaces, and banking software are just a few of the sectors that attracted significant investments during this period.<\/p>\n

The substantial amounts raised by these startups demonstrate the confidence investors have in their potential for growth and innovation. The funds will enable these companies to expand their operations, develop new products, and enter new markets.<\/p>\n

Overall, the European startup ecosystem continues to thrive, attracting significant investments and fostering innovation across various industries. As these startups continue to scale and disrupt traditional markets, it will be interesting to see how they shape the future of Europe’s entrepreneurial landscape.<\/p>\n