Pennylane achieves Unicorn Status with €40M Series C Funding from Sequoia Capital and DST Global

Pennylane, the Paris-based financial management and accounting platform tailored for startups and SMEs, has announced a significant milestone in its growth journey, securing €40M in a Series C funding round. This investment propels the company into the unicorn club, marking a pivotal moment in its mission to revolutionize financial management for businesses.

France

Pennylane achieves Unicorn Status with €40M Series C Funding from Sequoia Capital and DST Global

Croatia

TASARU Mobility Investments supports Zagreb’s Project 3 Mobility with Series A Funding

Project 3 Mobility, a Zagreb-based innovator in urban autonomous mobility, has successfully closed its Series A investment round, cumulatively raising approximately €100M from private investors. This round marks the first investment by TASARU Mobility Investments (TASARU), a subsidiary of the Public Investment Fund (PIF), in the next-generation technology sector outside

Netherlands

CarbonX secures €10M to address Graphite Shortage with Innovative Solution

CarbonX, a leading Dutch deep-tech startup, has successfully raised €10M in a fresh funding round to address the critical graphite shortage affecting the battery industry. The round was co-led by Innovation Industries, InnovationQuarter, and Borski Fund, positioning CarbonX to accelerate its commercial growth and expand its innovative material solutions.

Germany

DUDE CHEM from Germany raises €6.5M in Seed Funding to revolutionize Green Chemical Production

DUDE CHEM, a Berlin-based startup pioneering in green chemical manufacturing, has successfully closed a €6.5M seed funding round. The investment, co-led by Vorwerk Ventures and b2venture, with participation from Frontline, Borski Fund, Auxxo, and Push Ventures, marks a significant milestone in the company's journey to revolutionize environmentally friendly chemical production.

Netherlands

Future Food Fund II secures €40M to foster Agrifoodtech Innovations in Western Europe

The Future Food Fund II (FFF II), an impact investment fund based in Utrecht, has successfully closed its funding at €40M. This fund, supported by impact-driven entrepreneurs and the European Investment Fund (EIF), is set to play a pivotal role in transforming food and agriculture systems through investments in Seed

Estonia

Tuum secures €25M in Series B Funding to revolutionize Digital Banking for Financial Institutions

Tuum, a pioneering core banking platform based in Tallinn, has successfully raised €25M in a Series B funding round. The round was led by CommerzVentures, with contributions from Speedinvest and existing investors, underscoring the fintech's growing influence in the digital banking sector.

Spain

ID Finance attracts $150M in Debt Financing to boost Financial Wellness Platform Plazo

ID Finance, the fintech leader based in Barcelona, Spain, and extending its reach in Mexico, has successfully secured a substantial €139.5 million in debt financing. This strategic financial injection is aimed at propelling the expansion of its innovative financial wellness app, Plazo, marking a significant stride in the company's mission

Switzerland

GeNeuro from Switzerland raises €5M to revolutionize Treatment Trials for Post-COVID Conditions

GeNeuro, a Geneva-based biopharmaceutical company, has successfully raised €5M through a combination of a private placement and a public offering. This funding will accelerate the company's Phase 2 trial in Post-COVID treatment, marking a significant step forward in addressing the long-term effects of COVID-19.

Spain

Heura Foods secures €40M in Series B Funding to advance sustainable Food Solutions

Heura Foods, a Barcelona-based leader in the plant-based food sector, has successfully closed a €40M Series B funding round, marking the largest plant-based investment in 2023.

Estonia

Starship Technologies secures $90M to expand Autonomous Delivery Services

Starship Technologies, the Estonian pioneer in autonomous delivery robots, has announced a significant funding boost of $90 million (approximately €83.7 million), co-led by Plural and Iconical.

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Belgium

Pennylane achieves Unicorn Status with €40M Series C Funding from Sequoia Capital and DST Global