21.11.2022

Deal of the Week |

Calendar Week # 48 |

2022

Crypto market maker Keyrock raises $72 million

Founded: 2017

Investment Raised: USD 72M €

Valuation Remains Undisclosed

Investors: Middlegame Ventures (https://www.middlegamevc.com/) Ripple (https://ripple.com/) SIX FinTech Ventures (https://www.six-group.com/en/company/innovation/start-ups.html)

16.11.2022

Deal |

2022

Belgium-based co-living startup Cohabs bags €110M; aims to reach 5,000 beds by 2026

Founded: 2016

Investment Raised: EUR 110M €

Valuation Remains Undisclosed

Investors: AG Real Estate (https://www.agrealestate.eu/) Alphastone (https://alphastone.de/) Ivanhoe Cambridge (https://www.ivanhoecambridge.com/en/) SFPI-FPIM (https://www.sfpi-fpim.be/en)

03.11.2022

Deal |

2022

Green Venture Zhero Closes Funding Round With Climate Investors

Founded: 2019

Investment Raised: EUR 2M €

Valuation Remains Undisclosed

Investors: Galvanize Climate Solutions (https://galvanizeclimatesolutions.com/) Fortescue Future Industries (https://ffi.com.au/)

19.10.2022

Deal |

2022

Univercells Raises € 44 Million in First Close of Its Series D

Founded: 2013

Investment Raised: EUR 44M €

Valuation Remains Undisclosed

Investors: 3d investors (https://www.3d-investors.be/en) AdBio partners (https://adbio.partners/) Adjuvant Capital (https://adjuvantcapital.com/) Amerigo Fund (https://www.amerigocap.com/) Global Health Investment Corporation (https://ghicfunds.org/) S.R.I.W. (https://www.sriw.be/fr/) SFPI-FPIM (https://www.sfpi-fpim.be/en) TheClubDeal (https://theclubdeal.com/)

06.09.2022

Deal |

2022

Building credit platform on blockchain tech, Belgian startup Credix adds €11.32 million to its coffers

Founded: 2021

Investment Raised: EUR 11.32M €

Valuation Remains Undisclosed

Investors: Abra (https://www.abra.com/) Circle Ventures (https://www.circle.com/en/circle-ventures) Claure Group (https://www.crunchbase.com/organization/claure-group) Fuse Capital (https://fuse.capital/en/) MGG Investment Group (https://mgginv.com/) Motive Partners (https://www.motivepartners.com/) ParaFi Capital (https://parafi.com/) Ricardo Marino Valor Capital Group (https://valorcapitalgroup.com/) Victory Park Capital (https://www.victoryparkcapital.com/)

13.07.2022

Deal |

2022

Agomab Raises Additional $40.5 Million Through Series B Extension Bringing Total Amount to $114 Million

Founded: 2017

Investment Raised: USD 40.5M €

Valuation Remains Undisclosed

Investors: Asabys Partners (https://asabys.com/) Pfizer Breakthrough Growth Initiative (https://www.crunchbase.com/organization/pfizer-breakthrough-growth-initiative) Walleye Capital (https://walleyecapital.com/)

08.06.2022

Deal |

2022

Belgian open source business software scale-up Odoo hits €3.2 billion valuation by raising €112 million

Founded: 2005

Investment Raised: EUR 112M €

EUR 3.2B

Valuation

Investors: Sofinnova Partners (https://sofinnovapartners.com/) Summit Partners (https://www.summitpartners.com/) XAnge (https://www.xange.vc/)

16.03.2022

Deal |

2022

Precirix raises EUR 80m in Series B to advance its pipeline of precision radiopharmaceuticals

Founded: 2014

Investment Raised: EUR 80M €

Valuation Remains Undisclosed

Investors: BioMedPartners (https://biomedvc.com/en/) Forbion Capital Partners (https://forbion.com/en/) Gimv (https://www.gimv.com/de) HealthCap (https://www.healthcap.eu/) INKEF Capital Jeito Capital (https://www.jeito.life/en/home/) Novo Holdings (https://www.novoholdings.dk/) Pontifax (https://www.pontifax.com/) V-Bio Ventures (https://v-bio.ventures/)

03.03.2022

Deal |

2022

Oxurion Successfully raises €10 million from leading us and European Healthcare Investors in a Private Equity Placement

Founded: 1991

Investment Raised: EUR 10.4M €

Valuation Remains Undisclosed

Investors: Bareldam (https://www.crunchbase.com/organization/bareldam) Epacria Capital Partners (http://www.epacria.com)

25.02.2022

Deal |

2022

Govrn closes a first seed round of 1M euros

Founded: 2020

Investment Raised: EUR 1M €

Valuation Remains Undisclosed

Investors: Remains Undisclosed

16.02.2022

Deal |

2022

Aerospacelab raises 40 million euros in Series B round

Founded: 2016

Investment Raised: EUR 40M €

Valuation Remains Undisclosed

Investors: Airbus Ventures (https://airbusventures.vc/) Belaero (https://www.britisheventing.com/about/people-and-horses/horse-profiles/BELAERO-91863) BNP Paribas Private Equity (https://www.linkedin.com/company/bnp-paribas/) Meusinvest (Noshaq) (https://www.noshaq.be/en/) S.R.I.W. (https://www.sriw.be/en/) Sambrinvest (https://www.sambrinvest.be/fr/) XAnge (https://www.xange.vc/) Miroslaw Klaba Octave Klaba

16.02.2022

Deal |

2022

COVID contact tracing wearable maker Rombit closes Series B round at $25 million

Founded: 2012

Investment Raised: USD 25M €

Valuation Remains Undisclosed

Investors: Belgian Government’s Transformation Fund

26.01.2022

Deal |

2022

Cowboy raises $80M to take its e-bike business up a gear

Founded: 2017

Investment Raised: USD 80M €

Valuation Remains Undisclosed

Investors: aldeA Ventures (https://aldea.ventures/) Eothen (https://eothen.com/) Exor Seeds (https://www.exor.com/) Future Positive Capital (https://www.futurepositivecapital.com/) HCVC (https://www.hcvc.co/) Index Ventures (https://www.indexventures.com/) Isomer Capital (https://isomercapital.com/) Siam Capital (https://www.siamcapital.com/) Tiger Global Management (https://www.tigerglobal.com/) TriplePoint Capital (https://www.triplepointcapital.com/)

24.01.2022

Deal |

2022

Deliverect Raises $150 Million in Series D Funding, as it Reaches 100 Million Orders Processed

Founded: 2018

Investment Raised: USD 150M €

USD 1.25B

Valuation

Investors: Alkeon Capital (https://www.alkeoncapital.com/) Coatue (https://www.coatue.com/) DST Global (https://dst-global.com/) Newion (https://www.newion.com/) OMERS Ventures (https://www.omersventures.com/) Redpoint eventures (https://www.redpoint.com/) SmartFin (https://smartfinvc.com/)

28.10.2021

Deal |

2021

Novadip raises USD 22M in series B funding for US trial of bone regeneration therapy

Founded: 2013

Investment Raised: USD 22M €

Valuation Remains Undisclosed

Investors: Vives Louvain Technology Fund (https://www.vivesfund.com/en) SRIW Life Sciences (https://www.sriw.be/en/our-team/) New Science Ventures (https://www.newscienceventures.com/) Investsud Fund+ CR-CP Life Science Fund (https://www.crunchbase.com/organization/cr-cp-life-science-fund)

12.10.2021

Deal |

2021

Rejuvenate Biomed raises EUR 15.7M in series B funding

Founded: 2016

Investment Raised: EUR 15.7M €

Valuation Remains Undisclosed

Investors: Vesalius Biocapital Partners (https://www.vesaliusbiocapital.com/) Rejuveron Life Sciences (https://rejuveron.com/en)

02.06.2021

Deal |

2021

RheaVita Closes EUR 2.5 million Series A Financing Co-Led by Novalis Biotech Acceleration and PMV

Founded: 2018

Investment Raised: EUR 2,5M €

Valuation Remains Undisclosed

Investors: Novalis Biotechnology Incubation (http://noval.is/) PMV (http://www.pmv.eu/en)

12.05.2021

Deal |

2021

Brussels-based network of out-of-this-world coliving spaces, Cohabs, raises €58 million in Series B round

Founded: 2016

Investment Raised: EUR 12.5M €

Valuation Remains Undisclosed

Investors: AG Real Estate (https://www.agrealestate.eu/en/) Alphastone (https://alphastone.eu/en/) Federale (https://federale.be/) Finance.Brussels (https://www.finance.brussels/fr)

05.05.2021

Deal |

2021

Accelleran, a global leader in 4G/5G Cloud-Native OpenRAN platforms, raises Series B financing to accelerate its growth in support of roll out of 5G networks worldwide

Founded: 2013

Investment Raised: USD 6.8M €

Valuation Remains Undisclosed

Investors: Ark Angels Activator Fund (http://www.aaafund.be/) Capital-E (http://www.capital-e.com/) Cogito Capital Partners (http://cogitocap.com/) Qbic (http://qbichotels.com/)

16.03.2021

Deal |

2021

Belgian health platform Neuroventis accelerates internationalisation thanks to €1 million investment

Founded: 2017

Investment Raised: EUR 1M €

Valuation Remains Undisclosed

Investors: PMV (http://www.pmv.eu/en) imec.istart (https://www.imecistart.com/en) Carevolution and BlueHealth Innovation Center

02.02.2021

Deal |

2021

Brussels-based Soda raises EUR 11.5M to bring everyone closer to data

Founded: 2018

Investment Raised: EUR 11.5M €

Valuation Remains Undisclosed

Investors: Singular (https://singular.vc/) existing investors