Today in European Tech: Fresh funds for Icebreaker and Cusp Capital, FintechOS nabs $60 million, Dott raises $85 million, and more

Hello! Here’s what happened today in European Tech. Deals – There’s a new fund on the block: Meet Cusp Capital (and its €300 million opening). – Micromobility startup Dott with headquarters in Paris and Amsterdam has secured $85 million in a Series B funding round. The capital injection was co-led by Belgium-based Sofina and UK-based […]

Tel Aviv-based DataRails raises $18.5 million in Series A round

Tel Aviv’s developer of financial planning and analysis tools, DataRails has raised $18.5 million in a Series A round. Led by Zeev Ventures Fund, existing investors Vertex Ventures Israel and Innovation Endeavors also participated alongside undisclosed private investors. To date, the company has raised $28.5 million. As part of the transaction, Oren Zeev will join […]

There’s a new fund on the block: Meet Cusp Capital (and its €300 million opening)

For the past decade, Christian Winter, Jan Sessenhausen, Helmut Klawitter and Wilken Engelbracht been picking some winners. The quartet counts Zalando, Delivery Hero, and Klarna amongst its early investments. In total, the companies they’ve chosen to stand behind now have a combined valuation north of €80 billion. That’s a lot of good bets. To this […]

Tel Aviv-founded digital adoption platform WalkMe acquires AI search company Zest

In a Tel Aviv-to-Tel Aviv transaction, digital adoption platform WalkMe has acquired AI search firm Zest. Financials were not disclosed. Founded in 2011 in Tel Aviv by Dan Adika, Eyal Cohen, and Rafael Sweary, WalkMe is a digital adoption platform that helps companies measure and act on their digital transformations and optimise the value of […]

FintechOS raises $60 million in Draper Esprit led Series B round

London-based FintechOS has raised $60 million in a Series B round. Led by Draper Esprit, whose previous investments include Revolut and N26, the round also saw participation from existing investors LAUNCHub, Earlybird Digital East, Gapminder Ventures, and OTB Ventures. FintechOS notes that further investors will be announced at a later date. “Incumbent financial services firms […]

Warsaw-based Mindgram takes on mental health, raises €1.9 million in pre-seed round

Warsaw’s Mindgram, which claims to be the “first European science-based platform and mobile app for complete mental wellness,” has raised €1.9 million in an effort to change how companies perceive employee benefits. The pre-seed round was led by Market One Capital and saw participation from the Canadian fund Pamoja Capital. “Mindgram aims to be a […]

Oxford-based biotech Biomicrogel Group raises $13 million to save nature

Biomicrogels Group has raised $13 million in an effort to bring their products to the global market and save nature from pollution. The round was led by Swiss Investor Gregory Berenstein. “I’m sure the future of the home care and industrial markets lies in modern, biodegradable, and environmentally friendly products. Biomicrogel Group is just beginning […]

Helsinki-based Icebreaker raises €120 million in fresh funds

Helsinki’s Icebreaker has closed its second fund at €100 million and raised a separate €20 million that will be used to continue investments in existing portfolio companies. This marks the final closed of the Icebreaker Fund II, almost a year to date since their first close (at €50 million). Icebreaker reports that the €6 million […]

Dutch-French e-scooter startup Dott raises $85 million as it plans to roll out e-bikes

Micromobility startup Dott with headquarters in Paris and Amsterdam has secured $85 million in a Series B funding round. The capital injection was co-led by Belgium-based Sofina and UK-based Estari, with participation from EQT Ventures, Prosus Ventures, Aberdeen Standard Investments, Expon Capital, Felix Capital, FJ Labs, Invest-NL, McRock Capital, Quadia, and angel investors. The round […]

Tel Aviv-based Affogata raises $5.5 million in seed round co-led by Mangrove Capital Partners and PICO Venture Partners

Tel-Aviv-based customer intelligence platform Affogata has raised $5.5 million in a seed funding round co-led by Mangrove Capital Partners and PICO Venture Partners. The round also saw participation from Wix Capital and Fiverr founder and CEO Micha Kaufman. The funding is slated to be used towards the expansion of the company’s R&D and customer solutions […]

Munich-based insurtech insureQ raises €5 million in seed round led by Nauta Capital

Embedded insurance for SME’s and freelancers insurtech insureQ has raised €5 million in a seed round led by Nauta Capital. The round also saw participation from existing investors Flash Ventures and Global Founders Capital. “We are strong believers in the attractiveness of the SME segment, both in software and in financial services such as insurance. […]

London-based fintech Zilch raises $80 million in Series B round

London’s BNPL (buy now, pay later) platform Zilch has raised $80 million in a Series B round. To date, the company has raised a total of $120 million and has a valuation of over $500 million. The round is backed by several investors including Gausee Ventures and M&F Fund. The capital will help fuel Zilch’s […]