Monday 6 June 2022 - Rimac Group gears up with €500 million, Yotta goes for £52 million, and more than €1.8 billion was invested in European Tech last week

Last week we tracked more than 110 tech funding deals worth over €1.8 billion, and upwards of 15 exits, M&A transactions, rumours, and related news stories across Europe.
Monday 6 June 2022 - Rimac Group gears up with €500 million, Yotta goes for £52 million, and more than €1.8 billion was invested in European Tech last week

Last week we tracked more than 110 tech funding deals worth over €1.8 billion, and upwards of 15 exits, M&A transactions, rumours, and related news stories across Europe.

As a paid subscriber, you get access to all the deals we've uncovered. If you want even more up-to-the-minute information on what’s happening in European tech, make sure to follow us on Twitter where we share all the latest in real-time.

As always, here's your entire weekly deals list in a downloadable Google Sheets format to use as you wish, including integrations we've seen appearing in a number of other publications, and as some of you have mentioned to us, make up a substantial portion of your internal databases.

Got an interesting usage you'd like to let us know about/have featured? Let Dan know!

Funding deals by amount

  • CROATIA: Tesla rival alert: Croatian hypercar unicorn Rimac Group gets €500 million funding from Softbank, Goldman Sachs and Porsche
  • GERMANY: Trade Republic adds another €250 million to the coffers in Series C extension at €5 billion valuation
  • UK: Freedom Fibre secures £100 million to fund high-speed broadband rollout
  • FRANCE: Diabeloop , which specializes in the treatment of diabetes, has raised €70 million to accelerate its international deployment
  • SPAIN: Odilo raises $64 million as its white-label e-learning library passes 8,500 customers and 170 million users
  • SPAIN: Minoryx raises €51 million in Series C funding
  • FRANCE: UnitySC raises €48 million in funding
  • DENMARK: Boosting decarbonisation in shipping, ZeroNorth adds $50 million to its kitty
  • UK: Transition Bio closes $50 million Series A financing
  • GERMANY: Greenoaks Capital Partners is investing a €45 million in Personio
  • UK: moa raises $44 million in Series B financing
  • GERMANY: Mondu's makin' moves with $43 million in Series A round
  • FINLAND: Gamified platform Hoxhunt hunts down $40 million to enable employees to respond to cyberattacks
  • UK: Florence welcomes $35 million in new flow of capital
  • UK: UK neobank Kroo raises £26 million
  • FRANCE: Vade secures $30 million to steer expansion in US and Europe
  • FRANCE: Upping its game in e-mobility, Upway pedals in €23 million to ride into Europe
  • UK: Colorifix raises £18 million in Series B round led by H&M
  • GERMANY: Charle receives €20 million investment
  • UK: Transine Therapeutics closes £13.7 million in seed funding
  • SWEDEN: Yabie brings in SEK160 million and puts stock exchange plans on ice
  • FRANCE: Dalma claws on €15 million to unveil superapp for pet parents in France and beyond
  • GERMANY: Meet getquin, social network for investors from Berlin scores $15 million to expand beyond DACH
  • GERMANY: ecolytiq rakes in €13.5 million to help banks take effective climate action
  • SWITZERLAND: Weather intelligence start-up Meteomatics raises CHF 13.5 million
  • GERMANY: Müller Medienand other investors are investing €12 million in reCup
  • GERMANY: Code Intelligence nabs $12 million to help developers ship secure code
  • GERMANY: Mika received €10 million investment in a round led by the Swiss company Debiopharm
  • GERMANY: General Catalyst with other investors invested $10 million in PowerUs
  • NETHERLANDS: Kryptomon raises $10 million led by NFX to scale blockchain-based gaming universe
  • UK: Merge raises $9.5 million in seed funding
  • GERMANY: ecoworks rakes in €7.7 million to boost carbon-free retrofitting for housing
  • NETHERLANDS: Utrecht-based ‘much better than a selfie’ startup Smiler raises $8 million
  • FRANCE: French serial entrepreneur Hive completes €7 million seed funding round
  • UK: Proportunity is raising €7 million Series A+ round
  • TURKEY: Domestic mobile gaming startup Hyperlab received a seed investment over $7.5 million valuation
  • UK: DynaRisk raises over $7 million in seed funding
  • IRELAND: Irish medtech company Luminate Medical raises €5 million
  • FINLAND: Huuva gobbles €4.9 million from General Catalyst to bring delivery food outside city hot spots
  • UK: Regulating online content lands $5 million at Checkstep’s doors
  • NORWAY: Globus.ai closes $4.8 million seed funding
  • SWITZERLAND: Chain4Travel closes CHF4.3 million seed round
  • REPUBLIC OF SERBIA: Hunch chips in €4 million for real-time social media placement
  • NETHERLANDS: Climate tech startup EIVEE receives €4 million of funding
  • SLOVAKIA: Decentralized exchange platform Mangata received an investment of $4.2 million with the participation of Paribu Ventures
  • SWITZERLAND: Smeetz raises over $4 million and targets the US market
  • UK: Modern Synthesis raises $4.1 million to grow textiles from microbes
  • NETHERLANDS: Talk360 raises €3.7 million to bridge connectivity and accessibility in underserved communities
  • SWEDEN: Swedish MedTech secured €3.2 million Series B for its self-sampling device
  • UK: NRG Therapeutics’ £2.68 million award will help fund new hope against Parkinson’s disease
  • DENMARK: Legal Desk lands €3.1 million for its fully digital legal platform
  • AUSTRIA: Heylog dials in €3 million to boost communication in transport dispatching
  • AUSTRIA: Pragmatech Ventures, existing investors and the AWS - Austria Wirtschaftsservice are investing €3 million in Jentis
  • TURKEY: Domestic mobile game studio Cypher Games received an investment of $3.2 million
  • UK: Debite rakes in £2.5 million to offer easy loans and corporate credit card to UK startups
  • GERMANY: Checkout.com and Sorare founders back Berlin’s Alloy with $3 million
  • UK: Breaking down the silos of wearables Vital checks stats with $2.9 million
  • NETHERLANDS: Amsterdam’s Quicargo raises €2.7 million led by ROM InWest, the regional development agency in North Holland
  • SWEDEN: Turnpike raised SEK 28 million to speed up the shops with the help of smart watches
  • PORTUGAL: Sound Particles tunes in €2.5 million to boost music metaverse
  • AUSTRIA: Greyhound Capital and angel investors are investing €2.5 million in Froots
  • GERMANY: IBB Ventures and old investor aQua healthcare Invest invest €2.5 million in Famedly
  • UK: Biocaptiva raises £2.1 million in additional seed funding
  • SWITZERLAND: Swiss longevity startup Avea gets €2.43 million booster
  • NETHERLANDS: Enabling neighbors to borrow and lend household items, Amsterdam’s Peerby nabs €2.3 million
  • AUSTRIA: NXRT raises €2.1 million to expand its simulation platform for the automotive and railway sectors
  • SWITZERLAND: Wingman Ventures and SeedX invest CHF2.1 million in Numarics
  • GERMANY: Munich’s Einwert picks up €2 million to boost property valuation industry
  • ITALY: The Sicilian startup Reiwa Engine closes a €2 million round
  • FRANCE: Villas to book to work as a team: Naboo raises two million euros
  • GERMANY: Greenlight Re, Elkstone Ventures and a “German private investor” invest €1.9 million in Garentii
  • TURKEY: Cloud-based payment gateway Craftgate receives $2 million seed investment
  • TURKEY: Fimple raises $2 million led by APY Ventures
  • SPAIN: Komon get $2 million to launch NFT-accessed creative communities
  • FRANCE: Travauxlib raises €1.8 million from Xavier Niel and Breega Capital
  • NORWAY: Plaace places NOK16.3 million
  • GERMANY: Ivy receives $1.7 million investment from a previously unknown financier and several angel investors
  • ICELAND: Nanitor raises a $1.7 million round led by Brunnur
  • GERMANY: The Cologne financier Capnamic Ventures and several business angels invest €1.5 million in Synctive
  • UK: Ayoken raises $1.4 million to grow its NFT marketplace for creatives
  • UK: Borrow A Boat raises £1 million in less than 24 hours
  • SWITZERLAND: Autentica announces its official launch and $1.2 million pre-seed funding
  • NETHERLANDS: DeNoize grabs over €1 million to commercialise its active noise canceling smart windows
  • SPAIN: Dersu, the app that plans hiking trails, raises a round of €1 million
  • SWITZERLAND: FoodHack raises $1 million to become the AngelList for climate tech
  • SWITZERLAND: Lumendo scores oversubscribed investment round
  • SPAIN: The startup REVER closes a round of €900,000
  • DENMARK: CS MEDICA A/S secures DKK6 million in loan financing to maintain momentum
  • GERMANY: German all-in-one travel platform Lambus takes flight with €800,000 as European travel booms
  • SPAIN: Kilimanjaria achieves €800,000 in its second round of financing
  • UK: Troo raises £500,000 in funding
  • UK: Hospitality tech startup ePOS Hybrid hits £500,000 crowdfund target in 15 minutes
  • UK: The Go-To, a premium gifts marketplace, has secured £500,000 in pre-seed funding
  • GREECE: Athroa Innovations raised €550,000 to increase investments in deeptech teams based on intellectual property
  • FRANCE: The Webtrans logistics platform raises €400,000
  • UK: Amsterdam-based Rockstart invests €400,000 in micro-mobility platform Lanterne
  • UK: Parenting app founded by mum-of-two amidst pandemic Onoco raises over £300,000
  • ITALY: Hygge raises €300,000 in funding
  • SPAIN: Imperia SCM closes an investment round of €300,000
  • SWEDEN: Swedish planning and collaboration app Favro raises €300,000 from Capitalia
  • SPAIN: Plazy raises €300,000 investment in a pre-seed round
  • SPAIN: The online dance startup Rebaila achieves €225,000 in a pre-seed round
  • ESTONIA: The fintech Brickfy raises €133,000 in a pre-seed investment round
  • IRELAND: 10 NI start-ups net £10,000 funding each to develop their ideas
  • TURKEY: Aktif Ventures invests in F-Ray with Mindvest venture capital fund
  • GERMANY: Vsquared Ventures and other investors are investing in Vaeridion
  • GERMANY: Klarna founder Niklas Adalberth invests in 1Komma5 via the Norrsken Foundation
  • POLAND: ORLEN VC invests in ICsec
  • GERMANY: PlanerAI receives a seven-figure sum investment
  • NETHERLANDS: Amsterdam-based Tradesnest receives convertible loan from Innovation Fund Noord-Holland
  • SPAIN: Iomob announces the completion of a six-figure investment from Cypher Capital

Exits and M&A activity

  • UK: ABBA Voyage tech provider Oxford Metrics sells Yotta division for £52 million
  • UK: Finnish game developer Supercell acquires majority stake in London-based Trailmix, commits to invest €55.9 million
  • UK: Frasers Group has acquired Missguided for €23.5 million
  • SPAIN: Virtual fertility clinic Apricity acquires period tracking app Woom
  • SWEDEN: Astrocast acquires IOT provider Hiber
  • FRANCE: Parisian October buys Credit.fr to boost SME lending
  • SWITZERLAND: EvokAI acquires spinoff from the University of Basel
  • UK: Swedish fintech Trustly acquires Ecospend in UK expansion
  • BELGIUM: Activity Stream acquired Yesplan
  • GERMANY: The Chemnitz Unicorn Staffbase takes over the Koblenz-based company dirico
  • UK: Activity Stream acquried crowdEngage
  • GERMANY: The GC Group takes over the majority in the Munich PropTech reInvent
  • GERMANY: The Munich-based Seven.One Entertainment Group is taking over the Berlin company BuzzBird
  • NETHERLANDS: After acquiring Springest earlier this year, Amsterdam edtech startup Studytube acquires Dutch-based SPEAKRS
  • AUSTRIA: Accenture to acquire Austrian General Data Center
  • SWITZERLAND: Norway-based DAM software provider FotoWare acquires Swiss counterpart Picturepark

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