27.09.2024

Deal of the Week |

Calendar Week # 39 |

2024

Connected fitness tech unicorn EGYM snaps $200M at over $1B valuation

Founded: 2011

Investment Raised: USD 200M €

USD 1B

Valuation

Investors: Meritech Capital Partners, L Catterton

20.09.2024

Deal |

2024

Quick-commerce startup Flink raises another $150M at a valuation of nearly $1B

Founded: 2020

Investment Raised: USD 115m €

Valuation Remains Undisclosed

Investors: Bond, Mubadala, Northzone, Rewe Group

20.09.2024

Deal of the Week |

Calendar Week # 38 |

2024

DeepDrive raises $33.5 mln to scale up cheaper, efficient EV motors

Founded: 2021

Investment Raised: EUR 30m €

Valuation Remains Undisclosed

Investors: BMW i Ventures, co-pace, Leitmotif

13.09.2024

Deal |

2024

Formo Closes a US$ 61 Million Series B Round

Founded: 2018

Investment Raised: USD 61m €

Valuation Remains Undisclosed

Investors: Elevat3 Capital, EQT Ventures, FoodLabs, Grazia Equity, Happiness Capital, Indiposa Investments, Lowercarbon Capital, M Ventures, Rewe Group, Sazaby League, SevenVentures, The Nature Conservancy, Woodline Partners

13.09.2024

Deal |

2024

Qualifyze swallows $54M to improve pharmaceutical supply chains

Founded: 2019

Investment Raised: USD 54m €

Valuation Remains Undisclosed

Investors: Cherry Ventures, H14, HarbourVest Partners, HV Capital, Insight Partners

13.09.2024

Deal |

2024

Habyt secures €40 million in funding from Mars Growth Capital, Liquidity Group and MUFG

Founded: 2017

Investment Raised: EUR 40m €

Valuation Remains Undisclosed

Investors: Mars Growth Capital

04.09.2024

Deal of the Week |

Calendar Week # 36 |

2024

Reonic raises €13 million to help small installers of green tech like heat pumps and solar panels

Founded: 2021

Investment Raised: EUR 13M €

Valuation Remains Undisclosed

Investors: Puzzle Ventures, Point Nine, Northzone

23.08.2024

Deal of the Week |

Calendar Week # 34 |

2024

Berlin-based Root raises €8 million to build the climate OS of the food industry

Founded: 2022

Investment Raised: EUR 8M €

Valuation Remains Undisclosed

Investors: Project A Ventures, Point Nine, Hello World, arc investors

29.07.2024

Deal of the Week |

Calendar Week # 31 |

2024

Mannheim-based osapiens raises €110.7 million Series B to help companies navigate ESG regulation

Founded: 2018

Investment Raised: EUR 110.7 M €

Valuation Remains Undisclosed

Investors: Goldman Sachs Alternatives, Armira

18.07.2024

Deal |

2024

Berlin-based Grover secures €50 million to make rental commerce lead the circular economy

Founded: 2015

Investment Raised: EUR 50M €

Valuation Remains Undisclosed

Investors: Korelya Capital, Energy Impact Partners, Cool Japan Fund, Circularity Capital, Augmentum Fintech

16.07.2024

Deal |

2024

Jeito Capital consolidates its support in CatalYm with a renewed participation in a $150 million financing

Founded: 2016

Investment Raised: EUR 150M €

Valuation Remains Undisclosed

Investors: Vesalius Biocapital Partners, Omega Funds, Novartis, Jeito Capital, Gilde Healthcare, Forbion Capital Partners, Canaan Partners, Brandon Capital, Bioqube Ventures

12.07.2024

Deal of the Week |

Calendar Week # 28 |

2024

SciRhom Secures EUR 63 Million Series A Financing Round to Accelerate iRhom2-targeting Therapies in Autoimmune Diseases

Founded: 2016

Investment Raised: EUR 63M €

Valuation Remains Undisclosed

Investors: Wellington Partners, PhiFund Ventures, MIG Capital, Kurma Partners, High-Tech Gruenderfonds, Hadean Ventures, Bayern Kapital, Andera Partners

11.07.2024

Deal |

2024

Defense Startup Helsing Raises at €5 Billion Valuation to Expand Along NATO’s Eastern Flank

Founded: 2021

Investment Raised: EUR 450M €

EUR 5B

Valuation

Investors: General Catalyst

10.07.2024

Deal |

2024

HepaRegeniX raises €15 million Series C round to advance clinical development of HRX-215 for liver regeneration

Founded: 2015

Investment Raised: EUR 15M €

Valuation Remains Undisclosed

Investors: Vesalius Biocapital Partners, Novo Holdings, Boehringer Ingelheim Venture Fund

08.07.2024

Deal |

2024

Planqc Announces €50 Million Series A

Founded: 2022

Investment Raised: EUR 50M €

Valuation Remains Undisclosed

Investors: UVC Partners, Max Planck Foundation, DeepTech & Climate Fonds, CATRON Holding

24.05.2024

Deal of the Week |

Calendar Week # 21 |

2024

Generative AI Translation Startup DeepL Locks Up $300M

Founded: 2017

Investment Raised: USD 300M €

USD 1.7B

Valuation

Investors: Index Ventures, WiL (World Innovation Lab), Teachers' Venture Growth, IVP, ICONIQ Growth, Atomico

27.03.2024

Deal |

2024

German startup watttron secures €12 million Series B to lead the sustainable packaging movement

Founded: 2016

Investment Raised: EUR 12M €

Valuation Remains Undisclosed

Investors: Circular Innovation Fund (https://circularinnovationfund.com/) CNB Capital (https://www.cnb.capital/) European Circular Bioeconomy Fund (https://www.ecbf.vc/) Rico Kleinhempel SKion (https://www.skion.de/en/#start) TGFS – Technologiegrunderfonds Sachsen (https://www.cfh.de/)

26.03.2024

Deal |

2024

ELEMENT raises €50 million

Founded: 2017

Investment Raised: EUR 50M €

Valuation Remains Undisclosed

Investors: Alma Mundi Ventures (http://mundiventures.com/) Versorgungswerk Zahnarztekammer Berlin (https://www.vzberlin.org/)

26.03.2024

Deal |

2024

Protembis raise €30M Series B for heart surgery device

Founded: 2013

Investment Raised: EUR 30M €

Valuation Remains Undisclosed

Investors: coparion (https://www.coparion.vc/en) Segulah Medical Acceleration (https://segulahmedical.com/) TechVision Fund (https://www.techvision-fonds.de/) XGEN Venture (https://xgenventure.com/)

26.03.2024

Deal |

2024

Gunzilla Games: Frankfurt-based studio raises another $20 million

Founded: 2020

Investment Raised: USD 20M €

Valuation Remains Undisclosed

Investors: undefined

20.03.2024

Deal |

2024

Auto fintech Bezahl.de receives 22 million euros from PayPal – and plans expansion

Founded: 2018

Investment Raised: EUR 22.0M €

Valuation Remains Undisclosed

Investors: Motive Ventures (https://www.motivepartners.com/) PayPal Ventures (https://paypal.vc/home/default.aspx) Seaya (https://seaya.vc/) Walter Ventures (https://waltervc.com/)

19.03.2024

Deal |

2024

Banking-as-a-Service pioneer Solaris announces €96M Series F funding

Founded: 2015

Investment Raised: EUR 96.0M €

Valuation Remains Undisclosed

Investors: SBI Group (https://www.sbigroup.co.jp/english/)

19.03.2024

Deal |

2024

Hamburg-based Novocarbo bags €25 million to catalyse Europe’s net zero infrastructure

Founded: 2017

Investment Raised: EUR 25.0M €

Valuation Remains Undisclosed

Investors: Swen Capital Partners (https://www.swen-cp.fr/en/)

14.03.2024

Deal |

2024

Tubulis Closes Upsized €128 Million Series B2 to Accelerate Clinical Development of Solid Tumor-Focused ADC Pipeline

Founded: 2012

Investment Raised: EUR 128M €

Valuation Remains Undisclosed

Investors: Andera Partners (http://www.anderapartners.com/en/) Bayern Kapital (http://bayernkapital.de) BioMedPartners (http://www.biomedvc.com) coparion (http://www.coparion.vc/en) Deep Track Capital (http://www.deeptrackcapital.com) EQT life science (http://www.lspvc.com) Evotec (http://evotec.com) Frazier Life Sciences (http://frazierls.com) Fund+ (http://fundplus.be/) High-Tech Grunderfonds (http://www.htgf.de) Nextech Invest (http://www.nextechinvest.com) OCCIDENT (http://www.occident.group) Seventure Partners (http://www.seventure.fr)

11.03.2024

Deal of the Week |

Calendar Week # 11 |

2024

Tubulis Closes Upsized €128 Million Series B2 to Accelerate Clinical Development of Solid Tumor-Focused ADC Pipeline

Founded: 2012

Investment Raised: EUR 128M €

Valuation Remains Undisclosed

Investors: Andera Partners Bayern Kapital BioMedPartners coparion Deep Track Capital EQT life science Evotec Frazier Life Sciences Fund+ High-Tech Grunderfonds Nextech Invest OCCIDENT Seventure Partners

06.03.2024

Deal |

2024

German startup Greenlyte snaps €10.5M for carbon removal from atmosphere

Founded: 2022

Investment Raised: EUR 10.5M €

Valuation Remains Undisclosed

Investors: Carbon Removal Partners (http://carbonremoval.partners) Earlybird Venture Capital (http://earlybird.com/) Green Generation Fund (http://www.greengenerationfund.com/) Partech (http://partechpartners.com) Udo Jung

05.03.2024

Deal |

2024

Green hydrogen economy gets a boost: Germany’s Sunfire secures over €215M

Founded: 2010

Investment Raised: EUR 215M €

Valuation Remains Undisclosed

Investors: Ahren Innovation Capital Blue Earth Capital (http://blueearth.capital) Carbon Direct Capital (http://carbondirectcapital.com) Carbon Equity (http://carbonequity.com/) Climate Pledge Fund (http://fund.theclimatepledge.com) GIC (http://www.gic.com.sg) LGT group (http://www.lgt.com) Lightrock (http://www.lightrock.com) Planet First Partners (http://www.planetfirst.partners/)

04.03.2024

Deal |

2024

Razor and Perch merge, raise $100M on a $1.7B valuation as more roll-ups consolidate

Founded: 2020

Investment Raised: USD 100M €

USD 1.7B

Valuation

Investors: Presight Capital (http://www.presight.vc/)

29.02.2024

Deal |

2024

Solar panel startup Enviria secures €185M from BlackRock

Founded: 2017

Investment Raised: EUR 185M €

Valuation Remains Undisclosed

Investors: BlackRock (https://www.blackrock.com)

28.02.2024

Deal |

2024

German impact firm ecoligo raises €11M

Founded: 2016

Investment Raised: EUR 11M €

Valuation Remains Undisclosed

Investors: GAIA Impact Fund (https://gaiaimpact.com/) Triple Jump (https://triplejump.eu/)