Friday is here with a new edition of our weekly VC funding overview for our CLUB members. Below you’ll find this week’s overview of all the (equity) funding activities we tracked from across Europe.

Funding rounds in France

• Paris-based Defacto secured €167 million to provide short term financing for small and medium companies through an embedded, API-first approach.
• Grenoble-based Verkor raised €534 million and aims to enhance battery cell production as a French industrial company.
• Paris-based Sonio obtained €13 million for its AI-based support platform for fetal ultrasound, aiding practitioners in the analysis and diagnosis of congenital malformations.
• Paris-headquartered EG 427, a French biotechnology company, received €5 million, pioneering a novel gene therapy approach known as pinpoint gene therapy.
• Puteaux-based GreenBig garnered €20 million for manufacturing plastic bottles from recycled or petroleum-based materials.
• Paris-based 73 Strings offers financial advisory services utilizing artificial intelligence and technology solutions, with a funding of €8.9 million.
• Paris-based Narval, operating from Paris, empowers organizations to securely utilize their digital assets on-chain and engage with the Web3 world, securing €3.5 million.
• Paris-based Fairlyne specializes in resale SaaS for travel brands and secured €2.7 million in funding.
• Paris-based Comand AI enables defense forces to make informed decisions and enhance operational capabilities, securing €3 million.
• Paris-based finres secured €4.1 million to provide a comprehensive algorithmic solution for recognizing and evaluating climate risks, prioritizing adaptation efforts.
• Grenoble-based deeptech company MICROOLED raises €21 million to upscale smart glasses production.
• Grenobles-based Quobly picked €19 million for its quantum computing solution. 
• Puteaux-based B:bot grabbed €16 million for its Bottle recycling machine.
• Paris-based Stokelp secured €3 million for its Marketplace dedicated to overstocks of agri-food raw materials.
• Bordeaux-based OUIDROP secured €2 million for its Robotic arm for automated parcel delivery and reception.
• Nantes-based BioMAdvanced Diagnostics raised €1.4 million for its minimal invasive solutions to predict and diagnose the risk of transplant rejection.

Funding rounds in UK

• London-based Raft secured €26.7 million as an intelligent logistics platform automating processes for freight forwarders and customs brokers.
• London-based Greyparrot obtained €445 k for its leading AI waste analytics platform, contributing to the circular economy.
• Oxford-based Prolific received €29.2 million for building the most advanced global infrastructure for People Science.
• London-based RideTandem focuses on transportation technology and secured €2.7 million.
• London-based Outverse offers a platform where software companies build communities, securing €5.3 million.
• London-based Bundlee operates an online platform that allows parents to rent out their baby’s clothes, securing €400 k.
• London-based Go Eve specialises in innovations to accelerate the transition to electric vehicles, securing €3.5 million.
• London-based BoxxDocks is building a global network of data-driven logistics boxes, reducing costs and carbon emissions within the logistics sector. They received €175 k.
• London-based NK:IO secured €1.9 million as a biotech company developing novel approaches to natural killer cell-mediated immunotherapy.
• London-based Sana Jardin operates an online shop providing luxury fragrances, securing €1.8 million.
• Birmingham-based FourPlus Immersive offers immersive software solutions for the life sciences sector, including skills and facility mapping and recruitment tools, with a funding of €1.2 million.
• Camborne-based Tenpoint Therapeutics received €62 million as a biotechnology company pursuing vision-restoring engineered cell-based therapeutics.
• Manchester-based ESG Bay operates a self-assessment platform for environmental, social, and governance (ESG) purposes, securing €160 k.
• London-based Allye obtained €1 million as a software-enabled energy storage company promoting local grid resiliency and providing access to green energy.
• London-based Unstructured Media revolutionizes the approach to OSINT by gathering unstructured data and structuring it using in-house intelligence tooling, securing €5.8 million.
• London-based Secure Code Warrior raises €45 million Series C to double down on AI-driven security.
• Newbridge-based Skylark Lasers secured €2.7 million to specialize in the design and manufacture of ultra-reliable, high performance, compact DPSS single frequency lasers.

Funding rounds in Norway

• Mo I Rana-based FREYR secured €100 million for the development of a combined 32+2 GWh lithium-ion battery facility and a 600 MW onshore wind park.
• Oslo-based Optio Incentives obtained €4 million for designing, running, and optimizing equity compensation drives, with a focus on value creation.
• Oslo-based Wastefront received €38.5 million as a rubber waste recycling company that converts old tires into new commodities.

Funding rounds in The Netherlands

• Amsterdam-based GET Protocol secured €4 million as a fintech company offering ticketing solutions, event financing, token, white-label, and digital twin NFT services.
• Amsterdam-based Billy Grace obtained €2.3 million for its marketing solutions, including analytics, automation, creative solutions, artificial intelligence, and machine learning.
• Amsterdam-based NeoKe received €1.3 million for its use of blockchain and cloud-based technologies to securely store and share users’ verified identification.
• Waalre-based FononTech specializes in impulse printing, specifically for printing small electronic circuits for electronic devices, securing €2.3 million.
• Amsterdam-based Power2X secured a significant funding of €130 million as a strategic energy management service provider focusing on sustainable and conserving energy.
• Noordwiik-based Meteory raises €550k pre-seed to track environmental impact with satellite data. 

Funding rounds in Germany

• Munich-based Ivy secured €7 million for its Global API for Instant Bank Payments.
• Rostock-based Hepster obtained €10 million as an InsurTech company focusing on the insurance sector.
• Berlin-based Propel raised €2.5 million, offering a data-driven ‘Community-as-a-Service’ platform to help growth-stage companies hire top tech talent from emerging markets.
• Bremen-based Rightmart Group secured €27.5 million as a vertically integrated platform that provides legal services from law firms to customers.
• Hamburg-based vilisto GmbH received €5 million for its AI solution to address Europe’s office energy consumption problem.
• Berlin-based fintech Solaris closes €38 million Series F with profitability as main goal.
• Berlin-based Re-Fresh Global secures €1.1 million to turn textile waste into high value new materials.
• Berlin-based Seedtrace secures €2 million to bring more transparency and accountability to the supply chain.
• Bremen-based rightmart picked €2.75 million to 
• Berlin-based Weflow secured €2.85 million to develop software for sales teams that use Salesforce.
• Aalen-based Q.BIG 3D grabbed €2 million to take care of the printing of large components.
• Dusseldorf-based consalio scored €1.2 million for its B2B solution that enables customers to obtain complete transparency about all ongoing consulting activities and costs in the company. 

Funding rounds in Belgium

• Zwijnaarde-based Aphea.Bio grabbed €70 million to offer research and development in the areas of bioinsecticides and bioherbicides.

Funding rounds elsewhere in Europe

Switzerland: 

• Zug-based Shardeum secured €4.8 million as an EVM-based, linearly scalable smart contract platform aimed at bringing decentralization to everyone.
• Zürich-based Verity obtained €9.8 million for its automated inventory checks in warehouses and DCs using autonomous drones, ensuring zero-error warehouses.
• Zug-based Xterio received €13.3 million as a game developer and publisher with a global team footprint.
• Manno-based Hive Power secured €534 k for its AI engine, FLEXO, enabling companies to manage various grid-connected systems, from Energy Communities to EV Charging.
• Zurich-based Quazel bags €1.4 million to turbo charge its AI language tutor audience.
• Zurich-based BODDY secures €2 million to provide more travellers with fitness and wellness experiences.

Austria:

• Vienna-based PIUR IMAGING secures €4.9 Million to expand its AI-driven tomographic 3D to the US.
• Vienna-based Fermify grabbed €1.5 million to domesticate microorganisms and build a super simple and fully automated production platform to address the issue of large scale milk protein production.

Spain:

• Barcelona-based Saalg Geomechanics secured €3.65 million as an engineering firm specializing in advanced numerical solutions, numerical model calibrations, and soil & rock parameters.
• Madrid-based Hoop Carpool obtained €1.2 million for its SaaS Carpooling Platform catering to companies, universities, and city halls.
• Madrid-based Buz Drinks received €300 k for its refreshing alcohol with natural flavours and packaging designed for direct consumption.

Ireland:

• Dublin-based MedoSync raised €1.1 million with its platform that delivers a personalized healthcare service to patients.
• Dublin-based Roadie secured €3.3 million USD for its hosted developer portal and service catalog built on Spotify’s backstage, facilitating the scalability of growing engineering teams.

Italy:

• Trieste-based Picosats obtained €2.13 million as a developer of telecommunication systems for cubesats.
• Milan-based DEDALO Learning Solutions secured €60 k for developing technological tools that assist students in digital learning.

Sweden:

• Lund-based ChemoTech secured €500 k as an innovator in gentle cancer treatment and effective pain management.

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