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.
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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.