21.11.2022

Deal |

2022

Sustainable grocery delivery service Modern Milkman has announced it has raised £50 million in total funding

Founded: 2018

Investment Raised: GBP 50M €

Valuation Remains Undisclosed

Investors: Avery Dennison (https://www.averydennison.com/en/home.html) ETF Partners (https://etfpartners.capital/) Insight Partners (https://www.insightpartners.com/) Praetura Ventures (https://www.praeturaventures.com/)

17.11.2022

Deal |

2022

Former Goldman Banker’s AI Startup AAICO Gets Backing from UAE Royals in the amount of $42 million

Founded: 2021

Investment Raised: USD 42M €

Valuation Remains Undisclosed

Investors: G42 (https://www.g42.ai/)

15.11.2022

Deal |

2022

WeGift Finalizes £26M Series B as Demand for Digital Payouts Platform Increases

Founded: 2016

Investment Raised: GBP 26M €

Valuation Remains Undisclosed

Investors: AlbionVC (https://albion.vc/) Clocktower Technology Ventures (https://www.clocktowerventures.com/) CommerzVentures (https://commerzventures.com/) Element Ventures (https://elementventures.vc/) SAP (https://www.sap.com/investors/en.html) Volution Capital Management LLC (https://www.volitioncapital.com/)

15.11.2022

Deal |

2022

Payments Fintech Banked Secures US$15million to expand global Pay By Bank Network

Founded: 2018

Investment Raised: USD 15M €

Valuation Remains Undisclosed

Investors: Citi (https://www.citi.com/) Insight Partners (https://www.insightpartners.com/) NAB Ventures (https://www.nab.com.au/about-us/nab-ventures) Rapyd Ventures (https://www.rapyd.net/company/ventures/)

15.11.2022

Deal |

2022

LVMH Group’s eldest son and his wife participated in a new round of financing of 25 million US dollars for German high-end skin care brand Augustinus Bader

Founded: 2017

Investment Raised: USD 25M €

Valuation Remains Undisclosed

Investors: General Atlantic (https://www.generalatlantic.com/) Impala (https://impala.travel/)

14.11.2022

Deal |

2022

London-based BeZero Carbon secures €48 million to bring transparency to the growing carbon market

Founded: 2020

Investment Raised: EUR 48M €

Valuation Remains Undisclosed

Investors: Contrarian Ventures (https://www.cventures.vc/) EDF Ventures (https://www.edf.fr/en/pulse/ventures) Hitachi Ventures (https://www.hitachi-ventures.com/) Illuminate Financial (https://www.illuminatefinancial.com/) IntercontinentalExchange (https://www.theice.com/index) Molten Ventures (https://www.moltenventures.com/) Norrsken VC (https://www.norrsken.vc/) QIMA (https://www.qima.com/) Quantum Energy Partners (https://www.quantumep.com/)

14.11.2022

Deal of the Week |

Calendar Week # 47 |

2022

Atom Bank has pushed back its flotation by at least two years after tapping backers for another £30 million, giving it a post-deal valuation of £460 million

Founded: 2014

Investment Raised: GBP 30M €

Valuation Remains Undisclosed

Investors: BBVA (https://www.bbva.com/en/) Toscafund (https://www.toscafund.com/)

09.11.2022

Deal |

2022

Investors back Antavo’s API-centric loyalty program tools with €10 million

Founded: 2012

Investment Raised: EUR 10M €

Valuation Remains Undisclosed

Investors: Euroventures (https://www.euroventures.hu/en) iEurope Capital (https://ieurope.com/) Innovation Nest Lead Ventures (https://leadventures.eu/) Zoltan Vardy (https://zoltanvardy.com/)

09.11.2022

Deal |

2022

NRG Therapeutics Announces £16 million Series A to Advance Mitochondrial Therapeutics for Parkinson’s and ALS

Founded: 2018

Investment Raised: GBP 16M €

Valuation Remains Undisclosed

Investors: Brandon Capital Partners (https://brandoncapital.vc/) Omega Funds (https://omegafunds.com/) Parkinson’s Virtual Biotech (https://www.parkinsons.org.uk/research/parkinsons-virtual-biotech)

08.11.2022

Deal |

2022

Digital asset exchange Archax completes $28.5 million in Series A financing, led by Abrdn

Founded: 2018

Investment Raised: USD 28.5M €

Valuation Remains Undisclosed

Investors: Abrdn (https://www.abrdn.com/corporate) BitRock Capital (http://www.bitrockpartners.com/) Blockchain Coinvestors (https://www.blockchaincoinvestors.com/) Tezos (https://tezos.com/)

07.11.2022

Deal |

2022

UK’s Osler Diagnostics secures €84.9M for its lab-quality portable diagnostic tool

Founded: 2017

Investment Raised: EUR 84.9M €

Valuation Remains Undisclosed

Investors: Braavos Investment Advisers (https://braavos.uk/) Lansdowne Partners (https://www.lansdownepartners.com/london/) M&G Investments (https://www.mandg.com/investments/gb) Oxford Science Enterprises (https://oxfordscienceenterprises.com/)

31.10.2022

Deal |

2022

Cambridge-based Eagle Genomics bags €20M for its AI-augmented knowledge discovery platform: Know more

Founded: 2011

Investment Raised: EUR 20M €

Valuation Remains Undisclosed

Investors: Granpool Innovative Investments (http://www.granpool.com/) ETF Partners (http://www.etfpartners.capital/) Aberdeen Standard Investments (https://www.aberdeenstandard.com/)

27.10.2022

Deal |

2022

CloudPay raises $50 million and reports high growth as payroll evolution continues

Founded: 1996

Investment Raised: USD 50M €

Valuation Remains Undisclosed

Investors: Runway Growth Capital (https://runwaygrowth.com/) The Olayan Group

26.10.2022

Deal |

2022

Tymit raises £23m from Sports Direct founder Mike Ashley’s Frasers Group for BNPL pivot

Founded: 2017

Investment Raised: GBP 23M €

Valuation Remains Undisclosed

Investors: Frasers Group (https://frasers.group/)

26.10.2022

Deal |

2022

UK-based gynae health startup Daye raises €11.5 million to launch at-home screening kit and bridge the gender health gap

Founded: 2017

Investment Raised: EUR 11.5M €

Valuation Remains Undisclosed

Investors: Cross-Border Impact Ventures (https://www.crossborder.ventures/) Fiona Pathiraja Hambro Perks Ltd. (https://www.hambroperks.com/) MassMutual Ventures (https://massmutualventures.com/) Michelle Tempest Simplyhealth (https://www.simplyhealth.co.uk/)

25.10.2022

Deal |

2022

BMLL Secures USD 26 Million Series B Funding

Founded: 2014

Investment Raised: USD 26M €

Valuation Remains Undisclosed

Investors: FactSet (https://www.factset.com/) IQ Capital (https://iqcapital.vc/) Nasdaq Ventures (https://www.nasdaq.com/nasdaq-ventures)

24.10.2022

Deal |

2022

Moneyhub lands £40m investment from Legal & General, Lloyds and Shawbrook

Founded: 2014

Investment Raised: GBP 40M €

Valuation Remains Undisclosed

Investors: Legal & General (https://www.legalandgeneral.com/) Lloyds Banking Group (https://www.lloydsbankinggroup.com/)

24.10.2022

Deal |

2022

The German neobank Nuri had invested around 40 million euros with the crypto lender Celsius

Founded: 2017

Investment Raised: EUR 40M €

Valuation Remains Undisclosed

Investors: Nuri (https://bitwala.com/)

20.10.2022

Deal of the Month |

October |

2022

Blockchain development platform Tatum nabs $41.5M to untangle Web3

Founded: 2018

Investment Raised: USD 41.5M €

Valuation Remains Undisclosed

Investors: 3VC (https://three.vc/) Christian Trummer Circle (https://www.circle.com/en/) DEPO Ventures (https://depoventures.com/) Eric Demuth Evolution Equity Partners (https://evolutionequity.com/) LeadBlock Partners (https://leadblockpartners.com/) Octopus Ventures (https://octopusventures.com/) Paul Klanschek Tensor Ventures (https://tensor.ventures/)

20.10.2022

Deal |

2022

Hoxton Farms raises £20m for cultivated fat pilot facility

Founded: 2020

Investment Raised: GBP 20M €

Valuation Remains Undisclosed

Investors: AgFunder (https://agfunder.com/) BACKED VC (https://www.backed.vc/) Collaborative Fund (https://collabfund.com/) CPT Capital (https://cptcap.com/) Fine Structure Venture (https://finestructure.vc/) Founders Fund (https://foundersfund.com/) My Climate Journey Collective (https://www.mcjcollective.com/) Presight Capital (https://presight.vc/) Sustainable Food Ventures (https://www.sustainablefoodventures.com/) Systemiq Capital (https://www.systemiqcapital.earth/)

20.10.2022

Deal |

2022

Digital Twin Software Company Sensat Raises $20.5m to Automate the Way Infrastructure is Planned, Built and Managed

Founded: 2015

Investment Raised: USD 20.5M €

Valuation Remains Undisclosed

Investors: National Grid Partners (NGP) (https://ngpartners.com/)

19.10.2022

Deal |

2022

Startup using machine learning to find new medicines Nucleome Therapeutics raises £38m

Founded: 2019

Investment Raised: GBP 38M €

Valuation Remains Undisclosed

Investors: British Patient Capital (https://www.britishpatientcapital.co.uk/) Johnson & Johnson Innovation (https://jnjinnovation.com/home) M Ventures (https://www.m-ventures.com/en) Oxford Science Enterprises (https://oxfordscienceenterprises.com/) Pfizer Venture Investments (https://www.pfizer.com/about/partners/venture-investments)

18.10.2022

Deal |

2022

Orbex lands £40.4 million, all systems go for Europe’s first full orbital micro-launcher

Founded: 2015

Investment Raised: GBP 40.4M €

Valuation Remains Undisclosed

Investors: BGF Ventures (https://www.bgf.co.uk/) Heartcore Capital (https://www.heartcore.com/) High-Tech Grunderfonds (https://www.htgf.de/de/) Jacobs (https://invest.jacobs.com/overview/default.aspx) James Chambers Octopus Ventures (https://octopusventures.com/) Phillip Chambers Scottish National Investment Bank (https://www.thebank.scot/) Vaekstfonden (https://www.vf.dk/en/) Verve Ventures (https://www.verve.vc/)

13.10.2022

Deal |

2022

GoHenry raises $55m after its losses balloon 20-fold

Founded: 2012

Investment Raised: USD 55M €

Valuation Remains Undisclosed

Investors: Edison Partners (https://www.edisonpartners.com/) Nexi (https://www.nexigroup.com/en/) Revaia (https://revaia.com/)

12.10.2022

Deal |

2022

Blackstone invests $500 mln in Resolution Life as part of asset management deal

Founded: 2003

Investment Raised: USD 500M €

Valuation Remains Undisclosed

Investors: Blackstone Group (https://www.blackstone.com/)

12.10.2022

Deal |

2022

Immersive Labs Secures $66 Million in New Capital and Expands its Leadership Team to Accelerate Growth

Founded: 2017

Investment Raised: USD 66M €

Valuation Remains Undisclosed

Investors: Citi Ventures (https://www.citi.com/ventures/) Goldman Sachs Asset Management (https://www.gsam.com/content/gsam/global/en/homepage.html) Insight Partners (https://www.insightpartners.com/) Menlo Ventures (https://www.menlovc.com/) Summit Partners (https://www.summitpartners.com/) Ten Eleven Ventures (https://www.1011vc.com/)

12.10.2022

Deal |

2022

Blockchain development platform Tatum nabs $41.5M to untangle Web3

Founded: 2018

Investment Raised: USD 41.5M €

Valuation Remains Undisclosed

Investors: 3VC (https://three.vc/) Christian Trummer Circle (https://www.circle.com/en/) DEPO Ventures (https://depoventures.com/) Eric Demuth Evolution Equity Partners (https://evolutionequity.com/) LeadBlock Partners (https://leadblockpartners.com/) Octopus Ventures (https://octopusventures.com/) Paul Klanschek Tensor Ventures (https://tensor.ventures/)

12.10.2022

Deal |

2022

Crypto Custodian Copper Raises $196M in Series C Funding Round

Founded: 2018

Investment Raised: USD 196M €

Valuation Remains Undisclosed

Investors: Barclays Ventures (https://home.barclays/news/2019/2/barclays-uk-ventures--developing-business-models-for-the-future-/) Tiger Global Management (https://www.tigerglobal.com/)

11.10.2022

Deal |

2022

UK-based YardLink bags €18M to digitise the construction supply chain

Founded: 2018

Investment Raised: EUR 18M €

Valuation Remains Undisclosed

Investors: Amplifier (https://amplifierlab.io/) Beringea (https://www.beringea.com/) FJ Labs (https://fjlabs.com/) Speedinvest (https://www.speedinvest.com/)

10.10.2022

Deal |

2022

Ochre Bio Raises $30M Series A Financing for the Development of RNA Therapies for Chronic Liver Diseases

Founded: 2019

Investment Raised: USD 30M €

Valuation Remains Undisclosed

Investors: AixThera (https://www.aixthera.com/) Alice Zhang BACKED VC (https://www.backed.vc/) EIT Health (https://eithealth.eu/) Hermes-Epitek (https://www.hermes-epitek.com.sg/) Khosla Ventures (https://www.khoslaventures.com/) Kristen Fortney Lifeforce Capital (https://www.lifeforcecap.com/) LifeLink Ventures (https://www.lifelinkventures.com/) Martin Chavez Selvedge Venture (https://www.selvedgeventure.com/)