Doconomy from Sweden secures €34M in Series B Funding

Stockholm-based Doconomy, a fintech company specializing in tools that help banks address climate change and improve financial health, has raised €34 million in a Series B funding round. This investment marks one of the largest funding rounds in Europe for the sector.

Sweden

Doconomy from Sweden secures €34M in Series B Funding

Spain

ifeel from Spain secures €18M to enhance Corporate Mental Health Support

Madrid-based emotional well-being platform ifeel has raised $20 million (approximately €18 million) in a Series B funding round. Led by FinTLV Ventures and Korelya Capital, the round also saw participation from existing investors SCOR Ventures, Nauta, and UNIQA Ventures. This brings ifeel’s total funding to $40 million (approximately €36.9 million).

Germany

Ratepay from Germany appoints Sabrina Flunkert as New CEO

Ratepay, a Berlin-based white-label payment provider, has announced a significant leadership change with the appointment of Sabrina Flunkert as the new CEO. She succeeds Nina Pütz, who has led the company since 2020.

Switzerland

SCRYPT from Switzerland secures €4.6M to expand Crypto Asset Services

Zurich-based SCRYPT, a provider of financial services for crypto assets, has successfully raised $5 million (approximately €4.6 million) in a strategic funding round. The round was led by Braza Bank, with additional participation from venture capital firms such as Funfair Ventures, Cabrit Capital, and Atlantic Labs.

Germany

Cloover from Germany secures €104.8M to revolutionize Renewable Energy Subscriptions

Berlin-based Cloover, a climate fintech startup that enables renewable energy technology vendors to offer subscription-based services, has raised $114 million (approximately €104.82 million) in a seed funding round. This investment was led by Chris Sacca’s Lowercarbon Capital, with participation from 9900 Capital and QED Investors.

Denmark

Claimlane from Denmark secures €1.8M for European Expansion

Copenhagen-based Claimlane, a platform specializing in returns and claims management for brands and retailers, has successfully raised €1.8 million in a Seed funding round. The investment was led by Vendep Capital, aimed at supporting Claimlane's expansion in both the UK and mainland Europe.

Sweden

Elon Musk’s xAI raises €5.5B in Series B Funding

California-based xAI, led by Elon Musk, has secured $6 billion (approximately €5.5 billion) in a Series B funding round. This investment will support xAI's mission to accelerate human scientific discovery through advanced AI.

Sweden

Biodol Therapeutics from France raises €7M to advance Chronic Pain Treatment

Biodol Therapeutics, a biotech firm based in Montarnaud, France, has secured €7 million in funding from BPI France through the i-DEMO call for projects. This funding will support the company’s first-in-human clinical trials.

Sweden

Vortex Capital Partners launches €145M Fund to back High-Growth Tech Companies

Amsterdam-based Vortex Capital Partners, a firm specializing in software and technology investments, has announced the launch of a new €145 million technology fund. This fourth buyout fund is backed by both new international investors and existing ones.

Sweden

Textile Impact Firm Syre from Sweden secures €92.2M shortly after Launch

Stockholm-based Syre, a textile impact company founded by Vargas Holding and H&M Group earlier this year, has secured $100 million (approximately €92.2 million) in a Series A funding round. This significant investment underscores Syre's commitment to revolutionizing the textile industry through sustainable practices.

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Doconomy from Sweden secures €34M in Series B Funding