04.04.2022

Deal of the Week |

Calendar Week # 15 |

2022

Wagestream Announces $175M Series C to Expand its Financial Wellbeing App to 30 Million U.S. Frontline Workers

Founded: 2018

Investment Raised: USD 175M €

Valuation Remains Undisclosed

Investors: Balderton Capital (https://www.balderton.com) BlackRock (https://www.blackrock.com/corporate/global-directory) Fair By Design Fund (https://fairbydesign.com/fair-by-design-fund/) LocalGlobe (https://localglobe.vc) Northzone (https://northzone.com) QED Investors (https://www.qedinvestors.com) Silicon Valley Bank (https://www.svb.com) Smash Capital (https://smashcap.com) Village Global (https://www.villageglobal.vc) XYZ Venture Capital (https://www.xyz.vc)

30.03.2022

Deal |

2022

London-based Builder.ai secures €90M from Insight Partners to scale its AI and automation capabilities

Founded: 2016

Investment Raised: EUR 90M €

Valuation Remains Undisclosed

Investors: IFC (https://www.ifc.org/wps/wcm/connect/Topics_Ext_Content/IFC_External_Corporate_Site/Venture+Capital) Insight Partners (https://www.insightpartners.com) Jungle Ventures (https://www.jungle.vc) Nikesh Arora Revo Capital (https://www.revo.vc) WndrCo (https://www.wndrco.com)

30.03.2022

Deal |

2022

London rental platform Goodlord raises £27 million

Founded: 2014

Investment Raised: GBP 27M €

Valuation Remains Undisclosed

Investors: Columbia Lake Partners (https://clpgrowth.com) Finch Capital (https://www.finchcapital.com) Highland Europe (https://www.highlandeurope.com) Latitude (https://latitudeventures.vc) Oxx (https://www.oxx.vc)

29.03.2022

Deal |

2022

nDreams’ Growth Continues With new $35m Investment

Founded: 2006

Investment Raised: USD 35M €

Valuation Remains Undisclosed

Investors: Aonic Group (https://www.aonic.de)

28.03.2022

Deal |

2022

Sano Genetics raises £8.4m to connect rare disease patients with medicine providers

Founded: 2017

Investment Raised: GBP 8.4M €

Valuation Remains Undisclosed

Investors: Episode 1 (https://episode1.com) Margaret Georgiadis MMC Ventures (https://mmc.vc) Paul Forster Paul Wicks Seedcamp (https://seedcamp.com)

28.03.2022

Deal |

2022

Sourceful grabs $20M to make more packaging less polluting

Founded: 2020

Investment Raised: USD 20M €

Valuation Remains Undisclosed

Investors: Coatue (https://www.coatue.com) Eka Ventures (https://www.ekavc.com) Index Ventures (https://www.indexventures.com)

28.03.2022

Deal |

2022

Lantum, a platform to manage healthcare staffing, gets a $15M injection

Founded: 2012

Investment Raised: USD 15M €

Valuation Remains Undisclosed

Investors: Cedars-Sinai Accelerator (https://csaccelerator.com) Finch Capital (https://www.finchcapital.com) Piton Capital (https://www.pitoncap.com) Samos Investments (https://samos.vc)

24.03.2022

Deal |

2022

The Mothership Raises $22 Million Funding to Drive eCommerce Rollup Strategy

Founded: 2020

Investment Raised: GBP 16.7M €

Valuation Remains Undisclosed

Investors: Adrian Thompson Giles Palmer Glenn Elliott Jonathan Quin Simon Morrish

22.03.2022

Deal |

2022

Omnipresent Raises $120M to Help Businesses Build Global Teams Compliantly

Founded: 2019

Investment Raised: USD 120M €

Valuation Remains Undisclosed

Investors: Episode 1 (https://episode1.com) Kinnevik AB (https://www.kinnevik.com) Playfair Capital (https://playfaircapital.com) Tencent (https://www.tencent.com) TrueSight Ventures (https://www.truesight.vc) Uncorrelated Ventures (https://uncorrelated.com)

22.03.2022

Deal |

2022

British luxury fashion brand ME+EM wears in £55 million to fuel expansion in the U.S.

Founded: 2007

Investment Raised: GBP 55M €

GBP 75M

Valuation

Investors: Highland Europe (https://www.highlandeurope.com)

21.03.2022

Deal |

2022

Enabling farmers to grow healthier animals and trade better – Breedr, livestock management app breeds in £12 million

Founded: 2018

Investment Raised: GBP 12M €

Valuation Remains Undisclosed

Investors: Forward Partners (https://forwardpartners.com) Investbridge Capital (https://www.investbridgecapital.com) LocalGlobe (https://localglobe.vc)

17.03.2022

Deal |

2022

Lava Labs Announces $10M in Series A, Raising Its Valuation to $100M

Founded: 2019

Investment Raised: USD 10M €

USD 100M

Valuation

Investors: Weak Simp Cap Razer (https://www.razer.com/) Merit Circle (https://meritcircle.io/) Maven 11 Capital (https://www.maven11.com/) Dragonfly Capital Partners (https://www.dcp.capital/) Dialectic (https://dialectic.ch/) DeFiance Capital (https://www.defiance.capital/) Santiago Roel Santos Nick Chong Gabby Dizon

16.03.2022

Deal |

2022

Yorkshire AI firm Logically announces $24 million funding round to drive further growth

Founded: 2017

Investment Raised: USD 24M €

Valuation Remains Undisclosed

Investors: Amazon Alexa Fund (https://developer.amazon.com/en-US/alexa/alexa-startups/alexa-fund) NPIF – Mercia Equity Finance (https://www.mercia.co.uk/fund/npif-mercia-equity-finance/) Vitruvian Partners (https://www.vitruvianpartners.com/) XTX Ventures (https://www.xtxmarkets.com/ventures/)

15.03.2022

Deal |

2022

Amplience raises $100 Million in Growth Capital to Drive Dynamic Commerce Experiences

Founded: 2008

Investment Raised: USD 100M €

Valuation Remains Undisclosed

Investors: Farview Equity Partners (https://www.farviewequity.com/) Octopus Ventures (https://octopusventures.com/) Sixth Street (https://sixthstreet.com/)

15.03.2022

Deal |

2022

Shufti Pro Announces $20 Million Series A Funding to Accelerate Growth

Founded: 2017

Investment Raised: USD 20M €

Valuation Remains Undisclosed

Investors: Updata Partners (https://updata.com/)

09.03.2022

Deal |

2022

$70 million for Nothing! Carl Pei’s London-based startup rakes in big moolah to craft iconic connected products

Founded: 2020

Investment Raised: USD 70M €

Valuation Remains Undisclosed

Investors: Animoca Brands (https://www.animocabrands.com/) C Ventures (https://www.c-venturesfund.com/en/) EQT Ventures Future Shape Gaorong Capital (https://www.gaorongvc.com/)

08.03.2022

Deal |

2022

Blackstone backs Currencies Direct with £140 million for M&A opportunities

Founded: 1995

Investment Raised: GBP 140M €

Valuation Remains Undisclosed

Investors: Blackstone Tactical Opportunities (https://www.blackstone.com/our-businesses/tactical-opportunities/)

08.03.2022

Deal |

2022

Biotech spinout DIOSynVax receives $42 million to develop ‘future-proofed’ coronavirus vaccines

Founded: 2017

Investment Raised: USD 42M €

Valuation Remains Undisclosed

Investors: Coalition for Epidemic Preparedness Innovations (https://cepi.net/)

08.03.2022

Deal |

2022

SoftBank Latin America Fund Doubles down on Glorify with Infusion of $40M in Series B Funding

Founded: 2020

Investment Raised: USD 40M €

Valuation Remains Undisclosed

Investors: SOFTBANK Latin America Ventures (https://www.latinamericafund.com/)

07.03.2022

Deal |

2022

UK’s Thirdfort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraud

Founded: 2017

Investment Raised: USD 20M €

Valuation Remains Undisclosed

Investors: Andrew Mullinger (https://uk.linkedin.com/in/mullinger) Breega (https://breega.com/) Charles Delingpole (https://uk.linkedin.com/in/delingpole) David Rutter (https://en.wikipedia.org/wiki/David_E._Rutter) Dev Subrata (https://uk.linkedin.com/in/dev-subrata) Edward Bishop (https://uk.linkedin.com/in/edward-bishop-a456113b) Element Ventures (https://elementventures.vc/)

07.03.2022

Deal |

2022

AI music tech startup LifeScore raises €13M led by Octopus Ventures to ‘soundtrack life’

Founded: 2016

Investment Raised: EUR 13M €

Valuation Remains Undisclosed

Investors: 4-Good Ventures IDEO (https://www.ideo.com/eu) Metaplanet Holdings Octopus Ventures (https://octopusventures.com/) Warner Music Group (https://www.warnermusic.de/)

03.03.2022

Deal |

2022

Haruko Announces $10 Million Seed Funding to Build One-Stop Shop for Institutional Crypto Investors

Founded: 2021

Investment Raised: USD 10M €

Valuation Remains Undisclosed

Investors: Portage Ventures (https://portagevc.com) White Star Capital (https://whitestarcapital.com)

03.03.2022

Deal |

2022

LDC invests £25m in digital agency CTI to support acquisitive growth plan

Founded: 2003

Investment Raised: GBP 25M €

Valuation Remains Undisclosed

Investors: LDC (https://ldc.co.uk)

02.03.2022

Deal |

2022

Epsilogen Announces Completion of Oversubscribed £30.75 Million Series B Financing

Founded: 2016

Investment Raised: GBP 30.75M €

Valuation Remains Undisclosed

Investors: 3B Future Health Fund (https://3bfuturehealth.com) ALSA Ventures (https://www.alsaventures.com) British Patient Capital (https://www.britishpatientcapital.co.uk) Caribou Property (https://www.cariboupm.com) Epidarex Capital (https://epidarex.com) Novartis Venture Fund (https://www.nvfund.com) Schroders Capital (https://www.schroders.com)

01.03.2022

Deal |

2022

Payhawk Becomes First Ever Bulgarian Unicorn After Raising $100M in a Round Led by Lightspeed Venture Partners, Valuing the Company at $1bn

Founded: 2018

Investment Raised: USD 100M €

USD 1B

Valuation

Investors: Earlybird Venture Capital (https://earlybird.com) Endeavor Catalyst (https://endeavor.org/catalyst/) Greenoaks (https://www.greenoaks.com) HubSpot Ventures (https://www.hubspot.com/ventures) Jigsaw VC (https://jigsaw.vc) Lightspeed Venture Partners (https://lsvp.com) QED Investors (https://www.qedinvestors.com) Sprints Capital (https://sprintscap.com)

01.03.2022

Deal |

2022

LumiraDx Announces Pricing of $56.5 Million Convertible Notes Offering

Founded: 2014

Investment Raised: USD 56.5M €

Valuation Remains Undisclosed

Investors: UBS O’Connor (https://www.ubs.com/global/en/assetmanagement/capabilities/hedge-funds/oconnor.html) Ron Zwanziger

01.03.2022

Deal |

2022

Canada Pension Plan Investment Board has committed a further €260 million to Renewable Power Capital, the pension fund’s UK-based onshore renewables platform

Founded: 2020

Investment Raised: EUR 260M €

Valuation Remains Undisclosed

Investors: Canada Pension Plan Investment Board (https://www.cppinvestments.com)

24.02.2022

Deal |

2022

London-based cybersecurity firm Red Sift raises $54 million

Founded: 2015

Investment Raised: USD 54M €

Valuation Remains Undisclosed

Investors: Highland Europe (https://www.highlandeurope.com/) MMC Ventures (https://mmc.vc/) Oxford Capital Partners (https://oxcp.com/) Sands Capital (https://www.sandscapital.com/)

22.02.2022

Deal |

2022

London tech start-up Automata, which helped automate NHS Covid testing, raises £37 million

Founded: 2015

Investment Raised: GBP 37M €

Valuation Remains Undisclosed

Investors: ABB Technology Ventures (https://global.abb/group/en/technology/ventures) HCVC (https://www.hcvc.co/) Hummingbird Ventures (https://www.hummingbird.vc/) In-Q-Tel (https://www.iqt.org/) Isomer Capital (https://isomercapital.com/) Latitude Ventures (https://latitudeventures.vc/) Octopus Ventures (https://octopusventures.com/)

22.02.2022

Deal |

2022

London technology provider Weavr completes £29.5m Series A funding

Founded: 2018

Investment Raised: GBP 29.5M €

Valuation Remains Undisclosed

Investors: Anthemis Group (https://www.anthemis.com/) Force Over Mass Capital (https://www.fomcap.com/) Headline (https://headline.com/) Latitude (https://latitudeventures.vc/) Mubadala Capital Ventures (https://www.mubadala.com/en) QED Investors (https://www.qedinvestors.com/) Seedcamp (https://seedcamp.com/) Tiger Global Management (https://www.tigerglobal.com/) UFP Fintech (https://www.utdfirst.com/ufpfintech/)