EU-Startups, a leading online platform for news and information on the European startup scene, recently released a weekly round-up of startup funding rounds that took place from April 15 to April 19. The report provides a comprehensive overview of the funding activities in the European startup ecosystem during this period.
According to the report, a total of 25 funding rounds were announced during the week, with a combined value of over €200 million. This indicates a strong investor interest in European startups, despite the ongoing challenges posed by the COVID-19 pandemic.
One of the notable funding rounds highlighted in the report was the €40 million Series B round raised by German fintech startup Trade Republic. The company offers a mobile trading platform that allows users to invest in stocks and ETFs without paying any commission fees. The funding will be used to expand its product offerings and accelerate its growth in the European market.
Another significant funding round was the €30 million Series B round raised by French e-commerce platform Mirakl. The company provides a marketplace solution for retailers to launch and manage their online marketplaces. The funding will be used to further develop its technology and expand its presence in international markets.
Other notable funding rounds included a €20 million Series A round raised by Dutch healthtech startup Castor, a €15 million Series A round raised by Swedish fintech startup Anyfin, and a €10 million Series A round raised by Spanish proptech startup Badi.
Overall, the report highlights the diversity and strength of the European startup ecosystem, with startups from various sectors such as fintech, e-commerce, healthtech, and proptech attracting significant investments. The funding rounds announced during this period demonstrate the resilience and innovation of European startups, as they continue to grow and thrive in a challenging economic environment.
In conclusion, the weekly round-up by EU-Startups provides valuable insights into the funding activities in the European startup ecosystem, showcasing the exciting opportunities and developments taking place in the region. Investors, entrepreneurs, and industry stakeholders can use this information to stay informed about the latest trends and opportunities in the European startup scene.
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