Let's have a look at the notable closed funding rounds as of 16.02.23
We are sure we did not cover many startups worth sharing, feel free to add more in the comment section below!
Biggest mentions
SIF (Netherlands), a company that provides offshore wind turbine foundations has raised a $351M funding round to construct the world's largest monopile foundation manufacturing plant.
Germany-based biotech company Evotec has raised $150M to invest in new drug discovery and gene therapy. The European Investment Bank led the funding round.
Tokhit has raised a $100M funding round to become the largest blockchain-based social app.
The company is based in Bucharest, Romania.
Oligo Security (Israel) has raised a combined $28M Seed and Series A funding round to detect security flaws in open-source libraries. The company has been operating in stealth mode since its inception.
Brigad, a French startup operating a marketplace for restaurants, caterers, private clinics, retirement homes and hospitals so that they can find freelancers for short-term missions, has raised $30 million in equity funding, along with $5 million in debt. Balderton Capital is leading the round, with Wendel Group, Serena Capital and Square Capital also participating.
Cybersecurity
- Smile Identity (Nigeria), helps financial companies identify fraudulent accounts: $20M B led by Costanoa Ventures and Norrsken22.
Fintech
- OpenEyes, a three-year-old New York startup that offers commercial automotive insurance to fleets, raised an $18 million Series A round co-led by Insight Partners and Pitango First, with additional capital provided by MoreVC. The company has raised a total of $23 million.
Healthtech
- MDI Health (Israel), a platform that offers personalized medication treatments: $20M A led by Intel Capital with participation from Maverick Ventures Israel, Hanaco Ventures, Welltech Ventures, Arc Impact, Basad Ventures, Fresh.Fund, and Jumpspeed Ventures.
Media
- NewsWhip (Ireland), a predictive media monitoring platform: $13M Growth led by AshGrove Capital.
- Superplastic, a startup that creates "synthetic" characters that are popular on social platforms like TikTok and Instagram, raised a $20 million Series A-4 round led by Amazon’s Alexa Fund and including Craft Ventures, Google Ventures, Galaxy Digital, Kering, Sony Japan, Scribble Ventures, Kakao, Animoca Brands, Day One Ventures, and Betaworks. The company has raised a total of $58 million.
Beauty/Skincare
- Skin + Me (U.K.), a teledermatology platform that provides virtual skin checkups: $12M B led by Octopus Ventures.
3D printing
- Prevu3D (Canada), creates 3D digital twins used in manufacturing: $10M A led by Cycle Capital, with participation from Brightspark Ventures and Desjardins Capital.
Sustainability
- cylib (Germany), recycles non-lithium battery materials: $8.5M Seed led by World Fund, with participation from 10xFounders, Vsquared Ventures, and Speedinvest.
- Loam Bio, a four-year-old Australian startup whose seed coating technology removes carbon from the environment, raised a $28.6 million Series B round. Lowercarbon Capital and Wollemi Capital co-led the deal. The company has raised a total of $110.1 million.
SaaS
- Transferz (Netherlands), enables easy transfer bookings through a B2B business model: $6.9M Growth led by family offices and angel investors.
Artificial Intelligence
- EthonAI (Switzerland), uses Artificial Intelligence to help manufacturers become more efficient by monitoring quality losses: $6.8M Seed led by Earlybird Venture Capital and La Famiglia with participation from existing investors Wingman and Acequia Capital.
- SandboxAQ, AI and quantum computing startup, secured $500M in fresh funding. Investors in the firm include former Google CEO Eric Schmidt — who is also the firm's chairman, Breyer Capital, T. Rowe Price funds, and TIME Ventures.
DeepTech
- Quantum Brilliance, a four-year-old startup based in Canberra, Australia, that is building miniaturized quantum computers that can operate at normal room temperatures, raised an $18 million round. Investors included Breakthrough Victoria, Main Sequence, Investible, Ultratech Capital Partners, MA Growth Ventures, Jelix Ventures, Rampersand, and CM Equity Partners. The company has raised a total of $29.4 million.
- Smile Identity, a Nigerian startup focused on the African market that helps businesses confirm the true identity of their users in real-time using any smartphone or computer, raised a $20 million Series B round. Costanoa Ventures and Norrsken22 were the co-leads. The company has raised a total of $35.1 million.
