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Weekly VC Overview: All 110 European startup funding rounds we tracked this week (May 17-21)

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London-based Koalaa secures €145K from the British Design Fund to take its soft prosthetics to children & adults worldwide

London-based soft prosthetics company, Koalaa, is celebrating after securing investment from British Design Fund (BDF), to help bring its innovative prosthetics to children and adults across the world. Founded in 2020, Koalaa offers comfy, soft prosthetic arms and personalised support, for babies, kids, and adults. BDF invested in Koalaa under the EIS scheme and is the…

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Warsaw-based 3D sport analytics startup ReSpo.Vision closes €1 million seed round

ReSpo.Vision is a European deeptech startup that aims to disrupt sport and bookmaking industries by using computer vision to capture detailed 3D tracking data from sporting events, and then turn those into practical insights. The team has now closed a €1 million seed round led by ffVC Tech & Gaming, with participation from RKKVC. Thanks…

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Traveltech startup Omio announces partnership with KAYAK, a leading travel search engine

Omio, Europe’s leading multi-modal travel booking platform, today announced its partnership with KAYAK, the world’s leading travel search engine. The collaboration means that anyone using the KAYAK web platform will get direct access to Omio’s thousands of European rail and bus partners. The partnership is live in seven markets and across all of KAYAK’s travel…

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“The ability to orchestrate spaces in which employees love to work in, is going to be crucial”: Interview with Locatee’s CEO & co-founder, Thomas Kessler

Will hybrid work will become the more significant mode of working when the pandemic is over? There are already clear indications that it is here to stay and that it is not just a passing trend. A number of leading corporations have already made it a part of their post-vaccine, post-pandemic working mode. With hybrid…

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London-based premium restaurant and hospitality e-commerce solution Slerp lands €8.1 million

Today Slerp, a leading e-commerce partner for premium restaurants and hospitality brands, has closed Seed and Series A rounds in quick succession, raising a total of approx. €8.1 million this year. These two rounds have been led by Eight Roads Ventures, Jigsaw VC and supported by TrueSight Ventures, Aldea Ventures, as well as high-profile angels…

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Sustainable city solutions: Meet the 10 top startups shortlisted for the 2021 Future Hamburg Award (Sponsored)

The 10 finalists of the Future Hamburg Award, Hamburg’s international startup award, have been announced! These European startups, hailing from the Nordics, Belgium, France and Germany, are creating smart solutions for the city of the future. Their business ideas range from AI-based software to reduce air pollution and CO2 emissions, to new strategies for plastic…

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White Star Capital closes €40.9 million digital asset fund for crypto-networks and blockchain-enabled businesses

Today White Star Capital, a global multi-stage tech venture capital investment platform, has announced the final closing of its approx. €40.9 million Digital Asset Fund (DAF), a specialised fund investing in crypto-networks and blockchain-enabled businesses at each layer of the tech stack. The fund exceeded its previously announced target by around €16.3 million and is backed by major institutional…

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Dublin-based &Open lands around €5.9 million to scale up its gifting platform in Europe and the US

Today Irish startup &Open has announced raising around €5.9 million to make it easier for brands to send carefully curated gifts to customers to boost loyalty and engagement. The round was led by First Round Capital and LocalGlobe, along with participation from angel investors such as Andrew Robb (Farfetch), Des Traynor (Intercom) and Liam Casey…

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UK-based Cervest secures €24.6 million to launch new AI-powered Climate Intelligence platform

Today UK-based Cervest, the creator of one of the world’s first AI-powered Climate Intelligence (CI) platforms, has announced it has raised an approx. €24.6 million Series A round led by Draper Esprit. Current investors Astanor Ventures, Lowercarbon Capital (Chris Sacca), and Future Positive Capital also participated in the oversubscribed round, joined by new investors UNTITLED, the venture fund of Magnus Rausing, and TIME Ventures, the venture…

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Instabox, a locker delivery startup, enters the Netherlands with acquisition of Red je Pakketje

Instabox, a next-gen tech company transforming last-mile deliveries for e-commerce, is entering the Dutch market through the acquisition of Red je Pakketje, a Dutch market leader in same day deliveries. The acquisition gives Instabox a complete and frictionless last mile delivery solution, with home delivery, parcel locker delivery, label-free returns and flexibility to change destination…

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Paris-based Virtuo raises €78.7 million to scale its car-on-demand service

Virtuo, the car-on-demand service helping drive the shift away from car ownership across Europe, has raised €50 million in a Series C funding round led by AXA Venture Partners. The round, which also saw participation from Bpifrance through their Large Venture funds, Alpha Intelligence Capital and H14 alongside existing investors Balderton Capital, Iris Capital and…

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Austrian edtech startup GoStudent launching its digital tutoring service in Russia, Mexico and Canada

Austrian edtech startup GoStudent expands its digital one-to-one tutoring service beyond Europe for the first time. After securing a Series B investment of €70 million at the end of March, GoStudent launched its platform in Russia in May, to be followed by Mexico and Canada this summer. Founded in 2016, GoStudent’s digital learning platform brings…

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Belgium-based hospitality scaleup Apicbase raises €4 million to expand its food and beverage management platform

Apicbase, an international hospitality technology scaleup, today announces it has raised €4 million in a Series A funding round led by Volta Ventures, along with existing investors Newion, AAA Fund and Business Angels. The Belgian SaaS company, founded in 2017, has developed a food and beverage management platform for hospitality and food businesses. The digitalization of the hospitality sector is booming, and…

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Startup Founders: Manage your entire company in a single app (Sponsored)

There is a single unifying constant in many startups around the world: too many software tools and applications. Think about it. Even if you’re a solopreneur, you probably have a multitude of different products to help run your company. Even with integrations, the more tools you add, the more time you end up wasting on…

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Copenhagen-based Pento raises €12.7 million to expand its real-time, automated payroll software

Pento, the payroll automation startup, has raised around €12.7 million Series A funding to continue building the future of employee compensation. The funding will be used to expand its remote-first team around the globe, move into more countries, and continue building advanced features to simplify payroll. The round was led by US venture capital firm General Catalyst,…

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UK-based StudentFinance nabs €4.5 million to democratise education and plug the skills gap

Today StudentFinance, a fintech company building the technology and data infrastructure to enable education providers globally to offer Income Share Agreements (ISAs), has secured a €4.5 million seed round co-led by Giant Ventures and Armilar Venture Partners, with the intention to expand its operation into the UK later this year. Existing investors Mustard Seed Maze and…

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Estonia-based LightCode Photonics raises €425K to transform the autonomous vehicle industry

LightCode Photonics recently closed a pre-seed investment round of €425K, led by United Angels VC and Superangel. The round also included a list of early backers from renowned Estonian angel investors, such as Bolt co-founder Martin Villig, the country’s former CIO Taavi Kotka, Teleport co-founder Sten Tamkivi, and co-founder of Pipedrive Ragnar Sass. Founded in…

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