30.11.2023

Deal |

2023

Castore secures 145 million pound growth investment

Founded: 2016

Investment Raised: GBP 145M €

GBP 145M

Valuation

Investors: Felix Capital Hanaco Venture Capital Raine Ventures

30.11.2023

Deal |

2023

International Money Transfer Company Paysend Raises $65 Million in Funding

Founded: 2017

Investment Raised: USD 65M €

USD 65M

Valuation

Investors: Hermes GPE (https://hermesgpe.com/) InfraVia Capital Partners (https://infraviacapital.com/) One Peak (https://onepeak.tech/)

30.11.2023

Deal |

2023

Braincube Raises €83M in Funding

Founded: 2007

Investment Raised: EUR 83M €

EUR 83M

Valuation

Investors: Bpifrance (https://www.bpifrance.com/) Scottish Equity Partners (https://www.sep.co.uk/)

30.11.2023

Deal |

2023

ADIONICS, the cleantech pioneer in eco-friendly lithium extraction, secures $27 million in Series B funding

Founded: 2012

Investment Raised: USD 27M €

USD 27M

Valuation

Investors: Bpifrance (https://www.bpifrance.com/) Celeste Management (https://www.celeste-management.eu/) Ovive (https://www.ovive.fr/fr/) Sociedad Quimica Y Minera (SQM) (https://www.sqm.com/) Supernova Invest (https://supernovainvest.com/)

29.11.2023

Deal |

2023

Finnish One Click LCA raises €40M of growth investment from PSG and InfraVia

Founded: 2001

Investment Raised: EUR 40M €

EUR 40M

Valuation

Investors: InfraVia Capital Partners (https://infraviacapital.com/) PSG Equity (https://www.psgequity.com/)

29.11.2023

Deal |

2023

Lassie pulls in €23M funding to provide next-gen pet insurance products for pet parents

Founded: 2020

Investment Raised: EUR 23M €

EUR 23M

Valuation

Investors: Balderton Capital (https://www.balderton.com/) Felix Capital (https://www.felixcap.com/) Inventure (https://www.inventure.capital/) Passion Capital (https://www.passioncapital.com/) Philian Invest

29.11.2023

Deal |

2023

Cradle Raises $24M in Series A Financing

Founded: 2021

Investment Raised: USD 24M €

USD 24M

Valuation

Investors: Chris Gibson Index Ventures (https://www.indexventures.com/) Kindred Capital (https://kindredcapital.vc/) Thomas Glocer

29.11.2023

Deal |

2023

Hexa Raises $22 Million In Funding To Expand Startup Studio

Founded: 2011

Investment Raised: USD 22M €

USD 22M

Valuation

Investors: Adrien van den Branden Arnaud Schwartz Luc Pallavidino Paul Vidal

28.11.2023

Deal |

2023

Sport Alliance announces Further Growth Investment from PSG, with New Commitments Totaling $100m

Founded: 2011

Investment Raised: USD 100M €

USD 100M

Valuation

Investors: PSG Equity (https://www.psgequity.com/)

28.11.2023

Deal |

2023

WeRoad Closes €18M Series B Funding

Founded: 2017

Investment Raised: EUR 18M €

EUR 18M

Valuation

Investors: H14

28.11.2023

Deal |

2023

OQC Raises $100M Funding Round

Founded: 2017

Investment Raised: USD 100M €

USD 100M

Valuation

Investors: Lansdowne Partners (https://www.lansdownepartners.com/london/) Oxford Investment Consultants LLP (https://www.oxfordinvestmentconsultants.com/) Oxford Science Enterprises SBI Investment UTEC – The University of Tokyo Edge Capital Partners

28.11.2023

Deal |

2023

£25m backing for engineering AI firm PhysicsX

Founded: 2020

Investment Raised: GBP 25M €

GBP 25M

Valuation

Investors: General Catalyst (https://www.generalcatalyst.com/) Henry Kravis NGP Energy Capital Management (https://ngpenergy.com/) Radius Capital (https://www.radius.capital/?gclid=CjwKCAiApaarBhB7EiwAYiMwqmRYHfcvivc9UMK9LC9a8ejevshGpoTLv49uEkgCWGdwrvI7JGBSsRoCGQQQAvD_BwE) Standard Investments (https://www.standardindustries.com/our-businesses/standard-investments/)

27.11.2023

Deal of the Week |

Calendar Week # 48 |

2023

JPMorgan buys a 10.6% stake in Spanish defence company Indra

Founded: 1993

Investment Raised: 268M EUR €

Valuation Remains Undisclosed

Investors: JP Morgan (https://www.jpmorgan.com/AT/en/about-us)

24.11.2023

Deal |

2023

Safi just raised $19.5 million for its B2B recycling marketplace. We got an exclusive look at the pitch memo it used to secure the funds.

Founded: 2021

Investment Raised: 19.5M USD €

Valuation Remains Undisclosed

Investors: David Sutton Erez Mathan Lowercarbon Capital (https://lowercarboncapital.com/) Nosara Capital (https://www.nosaracapital.com/) Transition (https://transition.vc/)

23.11.2023

Deal |

2023

Aelius Biotech Raises £1.25M in Funding

Founded: 2018

Investment Raised: 12.5M GBP €

Valuation Remains Undisclosed

Investors: European regional development fund (ERDF) (https://ec.europa.eu/regional_policy/funding/erdf_en) Mercia Ventures (https://www.mercia.co.uk/ventures/) Northeast Venture Fund ( NEVF ) (https://www.nedfiventure.com/)

23.11.2023

Deal |

2023

Expedition Growth Capital and EIFO invest $16 Million in Factbird to boost international growth

Founded: 2015

Investment Raised: 16M USD €

Valuation Remains Undisclosed

Investors: Expedition Growth Capital (https://expedition.capital/) Export and Investment Fund (https://www.eifo.dk/en/)

22.11.2023

Deal |

2023

Italian startup Planet Farms raises $40M for its vertical farming tech

Founded: 2017

Investment Raised: 40M USD €

Valuation Remains Undisclosed

Investors: France 2030 (https://www.gouvernement.fr/france-2030)

22.11.2023

Deal |

2023

Oncovita raise 8M€ to support the development of its MVdeltaC immunotherapeutic vaccine in oncology

Founded: 2015

Investment Raised: 8M EUR €

Valuation Remains Undisclosed

Investors: Crane Venture Partners (https://crane.vc/) Material Ventures (https://www.material.ventures/) Portfolio Ventures (https://portfolio.ventures/) Runa Capital (https://runacap.com/) Triple Point Ventures (https://www.triplepoint.vc/) True Ventures (https://trueventures.com/)

22.11.2023

Deal |

2023

Relay Raises $10M in Seed Funding

Founded: 2022

Investment Raised: 10M USD €

Valuation Remains Undisclosed

Investors: Project A Ventures (https://www.project-a.com/) Prologis Ventures (https://www.prologis.com/how-we-work/start-ups)

22.11.2023

Deal |

2023

Crezco raises USD 12m in Series A funding and partners with Xero

Founded: 2020

Investment Raised: 9.6M GBP €

Valuation Remains Undisclosed

Investors: MMC Ventures (https://mmc.vc/)

21.11.2023

Deal |

2023

Newheat Secures €30 mn Investment for Expanding Renewable Heat Production

Founded: 2015

Investment Raised: 30M EUR €

Valuation Remains Undisclosed

Investors: Demeter (https://www.demeter.de/) European Circular Bioeconomy Fund (https://www.ecbf.vc/) Unigrains (https://www.unigrains.fr/en/)

21.11.2023

Deal |

2023

ECBF leads €17 million Series A financing round for RED Horticulture

Founded: 2018

Investment Raised: 17M EUR €

Valuation Remains Undisclosed

Investors: Bertrand Jelensperger Bleu Capital (https://www.bleucap.com/) henQ (https://www.henq.vc/) Jim Texier

21.11.2023

Deal |

2023

SeeChange Technologies raises £8M for AI-driven retail solutions

Founded: 2018

Investment Raised: 8M GBP €

Valuation Remains Undisclosed

Investors: Bpifrance (https://www.bpifrance.com/) Holdheat Noria Invest (https://www.noria.eu/) Swen Capital Partners (https://www.swen-cp.fr/en) the Etchart Group (https://www.groupe-etchart.fr/)

20.11.2023

Deal |

2023

AI-powered restaurant platform startup Malou raises $10M

Founded: 2021

Investment Raised: 10M EUR €

Valuation Remains Undisclosed

Investors: Barclays (https://www.barclays.de/) Legal & General Capital (https://www.legalandgeneralcapital.com/) Low Carbon Innovation Fund (https://lcif.vc/) Northstar Ventures (https://northstarventures.co.uk/) Par Equity (https://www.parequity.com/) Turquoise International (https://www.turquoiseintl.com/)

20.11.2023

Deal |

2023

England’s Advanced Electric Machines raises €26.3M to build sustainable electric motor without rare earth metals

Founded: 2016

Investment Raised: 23M GBP €

Valuation Remains Undisclosed

Investors: BlackFin Capital Partners (https://www.blackfin.com/) IXO Private Equity La Maison Partners (https://www.lamaisonpartners.fr/)

20.11.2023

Deal |

2023

Matsmart-Motatos tackling food waste with €40M Investment led by Circularity Capital

Founded: 2013

Investment Raised: 40M EUR €

Valuation Remains Undisclosed

Investors: Adepa (https://www.adepa.com/family-offices/) CDTI Innovation’s INNVIERTE program (https://www.cdti.es/en) Quest Diagnostics (https://www.questdiagnostics.com/)

20.11.2023

Deal of the Month |

November |

2023

European OpenAI Competitor Aleph Alpha Raises $500M

Founded: 2019

Investment Raised: 500M USD €

Valuation Remains Undisclosed

Investors: Bosch Ventures Burda Principal Investments Christ & Company Hewlett Packard Enterprise Innovation Park Artificial Intelligence SAP Schwarz Group

20.11.2023

Deal of the Week |

Calendar Week # 47 |

2023

Universal DX Closes $70M Series B Round, Inks Deal With Quest to Provide Colorectal Cancer Test

Founded: 2012

Investment Raised: 70M USD €

Valuation Remains Undisclosed

Investors: undefined

20.11.2023

Deal |

2023

Universal DX Closes $70M Series B Round, Inks Deal With Quest to Provide Colorectal Cancer Test

Founded: 2012

Investment Raised: 85M EUR €

Valuation Remains Undisclosed

Investors: undefined

20.11.2023

Deal |

2023

Indy Raises 40 Million Euros in a Series C Funding

Founded: 2016

Investment Raised: 40M EUR €

Valuation Remains Undisclosed

Investors: Circularity Capital (https://circularitycapital.com/germany-home) SevenVentures (https://www.commerceandventures.com/)