Monolith AI, an Artificial Intelligence Engineering (AIE) software, has announced an approx. €9.9 million Series A funding round, taking its total capital raised to around €12.3 million. The round was led by New York-based global private equity and venture capital firm Insight Partners, with existing investors Pentech and Touchstone supporting the round. Also joining the…
German startup Signature Products lands €800K from local authority for hemp protein value chain
Signature Products has landed a funding commitment of approx. €800K in funding from the state of Baden-Württemberg in Germany for the development of a regional hemp protein value chain. Founded in 2019, Signature Products is one of the largest ‘Made-in-Germany’ hemp suppliers in Europe, focusing on the complete value chain in the field of hemp….
10 promising Milan-based startups worth following in 2021 and beyond
At the beginning of the year, we introduced you to 10 of the most promising Italian startups to watch out for in 2021. Today, we’re zooming in on Milan, an economic heart of the country. The Italian city is also known for its thriving fashion industry, its famous cathedral, and, more importantly for this article,…
London-based un:hurd secures €290K for platform giving independent music artists a voice
A former Universal Music senior analyst has secured around €290K of investment to launch un:hurd, an AI-powered personalised digital platform specifically for independent artists and record labels to help them break into the industry and grow. After generating 25 million Spotify streams for independent artists in just one year, un:hurd, a data-driven music marketing company…
Weekly VC Overview: All European startup funding rounds we tracked this week (August 16-20)
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Swedish startup BoardClic raises €1.6 million for digital board and management team evaluations
BoardClic, a Swedish company selling a SaaS-based product for digital board and management team evaluations, raises a total of €1.6 million in a seed round led by Subvenio Invest. All existing owners such as Curitas Ventures, Brofund and the company’s founders also participated in the financing round. Evaluations and analysis of boards and management teams…
London-based Semeris lands €700K to speed up legal contract reviewing by 10 times
Semeris, a legal AI startup that builds contract analysis products for the financial sector, has landed approx. €700K seed funding from QVentures. Founded in 2017 to help financial services companies review, analyse and summarise legal documentation, Semeris aims to deliver “superhuman powers” for anyone interacting with complex legal documents. Semeris dramatically cuts investment analysis time…
10 promising Cologne-based startups to follow in 2021 and beyond
At the beginning of the year we hunted down 10 exceptionally promising German startups to watch in 2021, and, in case you missed it, more recently we covered 10 super promising startups both from Düsseldorf and Frankfurt. Today, we’re shifting the focus to Cologne. The German city is known for its cathedral, the largest Gothic…
Swedish startup Melt&Marble raises €750K to create fats that close the taste gap between animal and plant-based meats
Melt&Marble (formerly Biopetrolia), a company working on fermentation-based production of animal fats, has closed a seed round of €750K led by Nordic FoodTech VC. Other investors include Paulig’s venture arm PINC, Purple Orange Ventures, and Chalmers Ventures. The funding is a kick-start for the company’s new mission of providing delicious and sustainable fats for plant-based…
London-based Webiny nabs €2.9 million to help developers build serverless solutions in minutes
London-based Webiny, an open-source platform providing developer tools, libraries, ready-made apps and processes specifically created for serverless development, has raised €2.9 million in a seed funding round led by Microsoft’s venture arm M12, with notable participation from Samsung Next, Cota Capital, Episode 1 and YCombinator. Founded in 2019, Webiny was originally conceived in the context…
10 super promising Copenhagen-based startups catching our attention in 2021
Today we’re taking a close look at the Danish capital Copenhagen – one of Europe’s biggest startup hubs. Copenhagen is known for its colorful harbor, the Tivoli Gardens, the Carlsberg beer, and the unique hygge feeling. But, more interesting for today’s article, the city is also home to many big startup success stories like Too…
Hamburg-based Sport Alliance lands €60 million to grow its gym and fitness SaaS solutions
Sport Alliance, a Hamburg-based provider of innovative software solutions and services to gyms and fitness suites, today announces it has secured a growth investment of €60 million from PSG, a leading growth equity firm. With its vision of ‘More Sports’, Sport Alliance’s objective is to digitize the global fitness industry. The Group delivers innovative software…
Berlin-based fintech startup Moss secures €25 million in additional funding, led by Peter Thiel’s Valar Ventures
Moss, the technology-driven financial management platform for holistic spend management, has just closed an extension of its Series A funding round of about €25 million. Only 6 months after the last financing round, the startup once again received funding from Peter Thiel’s VC firm Valar Ventures, with participation from Cherry Ventures and Global Founders Capital…
What are investors looking for when scouting sustainability startups?
Finding the right sustainability startups may seem difficult, particularly for investors in which this industry is new. There are a lot of things happening right now in this prospective industry, which means it is experiencing a huge investment and startup-launching boom. However, it’s good to know that even with some different specifications, the process is…
British fintech startup Keebo, a challenger credit card, lands €5.8 million
Keebo, one of the first credit cards approved by the FCA to use open banking data, announces that it has closed an approx. €5.8 million seed equity round led by Breega (backers of Moneybox) and Connect Ventures (backers of Truelayer). Keebo will launch in October this year, bringing its vision of a world where everyone’s…
Copenhagen-based Develop Diverse lands €2.5 million to fight unconscious bias
Danish AI software Develop Diverse has landed a funding round of around €2.5 million. The software has increased the number of female applicants of its customers by up to 80%. Founded in 2017, Develop Diverse strives to help companies build diverse and inclusive workplaces. The team’s writing software supports biased-free writing by recognizing biased words…
Stockholm-based memmo.me raises €10.25 million to become the platform of choice for creators and fans to connect
memmo.me, the video greeting platform that connects celebrities one-to-one with fans and businesses, has raised another €10.25 million, following its Series A in February 2021, and opened an office in Los Angeles. Existing investor New York-based Left Lane Capital led on the round, which takes memmo.me total funding amout to-date to €20 million. Participating in this…
10 Helsinki-based startups to look out for in 2021 and beyond
In case you missed it, earlier this year we introduced you to 10 promising startups from Finland to watch in 2021. Today, we’re zooming in and exploring its capital, Helsinki. Awarded with “City of Design” status by Unesco, Helsinki recently made it into our annual ranking of Europe’s biggest startup hubs. The Finnish capital is also…