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Startups in Europe raising funds in the Week of 8 December 2024

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A blog sponsored by the fund-raising expert WINVESTY Fundraiser.

The Danes win the Champions League again! Find out which European start-ups raised funds you shouldn't have missed between 02 and 08 December 2024. This week, Danish start-up Antag Therapeutics raises €84 million to find solutions to reduce obesity.

Reminder: this article is sponsored by our partner WINVESTY. Are you looking for a Professional Fundraiser for your start-up or SME? Find out more about its WINVESTY Fundraiser programme.

Here is a summary of recent fund-raising by European start-ups:

Tembo - Fintech - USD 16.8 million raised

  • Country United Kingdom
  • Amount raised EUR 16.8 million (Series B)
  • Domain Digital savings and mortgages platform
  • Description Tembo: London-based Tembo is using the funds to expand its platform, enabling users to better manage their savings and access mortgages more easily.

Akhetonics - Hardware - Fundraising of EUR 6 million

  • Country : Germany
  • Amount raised EUR 6 million
  • Domain : All-optical digital processors
  • Description This Berlin-based start-up develops innovative optical processors and is using the funds to accelerate its research and development.

AnyKrowd - Events SaaS - EUR 4 million fundraising round

  • Country Belgium
  • Amount raised EUR 4 million (Series A)
  • Domain : Event management software
  • Description AnyKrowd, the event management specialist, will use the funds to enhance its functionalities and expand into new markets.

9fin - AI & Finance - USD 50 million fundraising round

  • Country United Kingdom
  • Amount raised USD 50 million (Series B)
  • Domain AI analysis for capital markets
  • Description 9fin: Based in London, 9fin helps investors analyse bond markets using AI. The funds will be used to accelerate its international expansion.

Inotec - MedTech - USD 33 million fundraising round

  • Country United Kingdom
  • Amount raised USD 33 million (Series C)
  • Domain : Oxygen treatments for wound care
  • Description Inotec will further develop its medical solutions to improve the treatment of chronic wounds.

Raidium - MedTech - Fundraising of EUR 16 million

  • Country : France
  • Amount raised EUR 16 million
  • Domain : Precision radiology
  • Description Raidium: Paris-based Raidium is focusing on precision radiology to improve diagnosis using AI.

Carbmee - Ecology - EUR 20 million capital raising

  • Country : Germany
  • Amount raised EUR 20 million (Series A)
  • Domain Carbon management
  • Description Carbmee helps businesses to manage and reduce their carbon emissions, using the funds to expand its services.

Orakl Oncology - MedTech - fundraising of EUR 11 million

  • Country : France
  • Amount raised EUR 11 million
  • Domain Precision oncology
  • Description : This Paris-based start-up is developing personalised oncology treatments using a precision-based approach.

Antag Therapeutics - MedTech - USD 84 million financing round

  • Country : Denmark
  • Amount raised USD 84 million (Series A)
  • Domain : Weight loss treatments
  • Description Antag: Based in Copenhagen, Antag uses the funds to develop innovative treatments for obesity.

Refoxy Pharmaceuticals - Biotechnology - Fundraising of EUR 9.1 million

  • Country : Germany
  • Amount raised EUR 9.1 million
  • Domain Biotechnology
  • Description Refoxy, which specialises in innovative pharmaceutical therapies, will use the funds for its ongoing work on revolutionary therapeutic solutions.
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