The European startup scene is constantly evolving, with new companies emerging and existing ones securing funding to fuel their growth. Keeping track of all the funding rounds can be a daunting task, but EU-Startups has made it easier with their weekly round-up of European startup funding rounds.
For the week of June 12-16, EU-Startups tracked a total of 38 funding rounds across Europe, with a combined value of over €1.2 billion. The largest funding round of the week was secured by German fintech company N26, which raised €470 million in a Series D round led by Insight Venture Partners and GIC.
Other notable funding rounds included:
– Swedish e-scooter company Voi raised €26 million in a Series A round led by Balderton Capital and Vostok New Ventures.
– French insurtech company Alan raised €40 million in a Series B round led by Index Ventures.
– UK-based fintech company GoCardless raised €75 million in a Series E round led by Adams Street Partners and GV.
– Dutch e-commerce company Picnic raised €250 million in a Series C round led by Bill Gates’ investment firm Cascade Investment.
The funding rounds were spread across various industries, including fintech, e-commerce, healthtech, and transportation. The majority of the funding rounds were led by venture capital firms, with some participation from corporate investors and angel investors.
EU-Startups’ weekly round-up provides valuable insights into the European startup ecosystem, highlighting the companies that are attracting significant investment and the investors who are backing them. It also serves as a useful resource for entrepreneurs and investors who are looking to stay up-to-date on the latest funding trends and opportunities in Europe.
Overall, the European startup scene continues to thrive, with innovative companies securing significant funding to fuel their growth and disrupt traditional industries. With EU-Startups’ weekly round-up, it’s easier than ever to stay informed and engaged with this exciting and dynamic ecosystem.
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