23 January 2024 Newnex tracked $1.6+ billion in funding rounds over the past two weeks in European Venture Capital. London-based software company Patchworks has secured £1.75 million in additional funding through a convertible loan note, with participation from Gresham House Ventures . This follow-on funding brings the total investment in Patchworks to £10.5 million, supporting the company in its mission to assist e-commerce businesses in automating and overseeing data flows across their IT systems. Vico Therapeutics , a genetic medicines company based in Leiden, Netherlands, has successfully raised €54 million in its Series B funding round. The funding, primarily led by Ackermans & van Haaren , also saw participation from existing co-leads Droia Ventures, EQT Life Sciences , and Kurma Partners , as well as continuing support from previous investors such as Polaris Partners, Pureos Bioventures , and Eurazeo . The capital will be utilized to advance the development of therapies targeting severe neurological diseases. Matisse Pharmaceuticals , located in Geelan, Netherlands, a clinical-stage company focused on developing a medicinal product for sepsis, has revealed the successful acquisition of €3.6 million in a new funding round. The funding comes from a variety of sources, including Brightlands Venture Partners , private investment firms, informal investors, and the company's management team. Holiferm Limited , a spin-out from the University of Manchester specializing in the production of sustainable biosurfactants, has successfully concluded a Series B funding round, securing £18.5 million . The funding was led by Rhapsody Venture Partners and Clean Growth Fund , highlighting strong support for Holiferm's innovative approach to manufacturing environmentally friendly biosurfactants. Genomics , headquartered in Oxford, UK, successfully raised £35 million in a funding round. F-Prime Capital and Foresight Partners spearheaded the investment, and they were joined by Infinity Investment Partners and MassMutual . Milan-based startup Contents.com , utilizing AI for its multi-lingual content generation services, has secured $18 million in a Series B funding round. The funding was spearheaded by the existing investor Synergo Capital , with additional participation from Azimut Digitech Fund , Invictus Capital , and Thomson Reuters Ventures . Whispp , an innovative AI startup headquartered in the Netherlands, is working on assistive voice technology that presents a groundbreaking solution for individuals with vocal cord impairment and whispered speech.The startup recently revealed the completion of a successful €750,000 seed investment led by the prominent investor LUMO Labs . Supported by additional funding from Leiden University’s Libertatis Ergo Holding BV (LEH) and other angel investors, this funding round is intended to strengthen Whispp's mission to transform voice technology. Mogu , an Italian biotech and biomaterials company focused on mycelium, has successfully secured €11 million in a Series A funding round. The primary goal of this funding is to facilitate the scaling of operations, support ongoing research and development projects, and inaugurate a new production plant. CDP Venture Capital and ECBF VC jointly led the Series A round, with participation from Kering Ventures and existing investor Progress Tech Transfer . The real estate value management platform einwert has successfully secured a new financing round, raising over €4 million . The funding is led by Ventech , who joins the existing group of investors, including 468 Capital, Wecken & Cie, Auxxo Female Catalyst Fund, and Infinitas Capital . Notable additions to the investor group include Peter and Anne Bosch, Martin Linder (McKinsey), Ulrich Groß, and Jürgen Roth (Immowelt). They join the existing business angels Oliver Manojlovic , VP Sales of Personio, and Dr. Stephan Rohr , founder and co-CEO of TWAICE. In an ongoing Series C round, the UK nuclear fusion startup Tokamak Energy has secured over $50 million . The funding round includes support from existing investors, as well as new investors and strategic partners. Noteworthy previous backers comprise Legal & General Capital, Hans-Peter Wild (founder of Capri Sun), and British billionaire financier David Harding . Scorestars , a basketball fan engagement platform headquartered in Tallinn, has revealed the successful raising of €725K in a Seed round of funding. Leading the investment were Trind VC, Startup Wise Guys, 3 Comma Capital , and Estonian angel investors . Dott from Amsterdam and TIER Mobility from Berlin have announced a strategic collaboration to establish Europe's leading micro-mobility operator. Operating under the names TIER and Dott, the joint entity aims to leverage their collective expertise to offer shared mobility services across European cities. The agreement is supported by a combination of exi
