Elevator Ventures Launches €70M Fund to boost Fintech and Banking Innovation

Elevator Ventures, the venture capital manager of Raiffeisen Bank International (RBI) based in Vienna, has announced the launch of EV II, a new €70M Venture Capital fund. This fund is dedicated to investing in innovative companies at the Series A & B stages, focusing on fintech and beyond banking sectors.

Austria

Elevator Ventures Launches €70M Fund to boost Fintech and Banking Innovation

United Kingdom

Automotive Fintech Bumper secures €2.3M in Series B Extension

London-based Bumper, a leading provider of Buy Now Pay Later services for car repairs and services, has successfully raised an additional €2.33M in its Series B extension round. This round saw contributions from Suzuki Motor Corporation through its corporate VC fund, Suzuki Global Ventures, and Tokyo-based Marubeni Ventures.

Scotland

EnteroBiotix from Scotland secures €31.4M to propel Microbial Therapeutics Development

EnteroBiotix, a Glasgow-based biotech firm specializing in microbiome therapeutics, has successfully closed a funding round totaling £27M (approximately €31.46M). This round combines £15.7M (approximately €18.29M) in fresh equity with the conversion of £11.6M (approximately €13.51M) of loan notes into equity.

Romania

Genezio from Romania secures €1.8M for Developer Automation Tools

Genezio, a Bucharest-based startup offering a type-safe serverless platform for modern full-stack developers, has successfully raised $2M (approximately €1.8M) in a pre-seed funding round. This round marks the first investment from Gapminder Ventures' second fund, with additional participation from Underline Ventures and a consortium of angel investors.

United Kingdom

Biofidelity raises €22M to expand in the US and enhance Cancer Detection Technology

Biofidelity, a Cambridge-based genomic technology company at the commercial stage, has announced a significant funding boost of $24M (approximately €22M), bringing its total funding to $60M (approximately €55.3M). This round of financing was supported by current investors, including Agilent Technologies, Octopus Ventures, BlueYard Capital, and Longwall Ventures.

France

Pigment from Paris secures €134M in Series D Funding

Pigment, a Paris-based platform revolutionizing business planning, has announced a substantial €134M in Series D funding, led by ICONIQ Growth. This round also saw participation from Sandberg Bernthal Venture Partners and existing investors such as IVP, Meritech, Greenoaks, and Felix Capital, propelling Pigment's mission to simplify strategic decision-making for businesses.

Denmark

REDUCED secures €6M to transform Food and Agriculture Waste into Natural Ingredients

Copenhagen's REDUCED, a trailblazer in converting food and agriculture by-products into natural food ingredients through fermentation, has successfully raised €6M. This funding round saw contributions from new investor Novo Holdings and the Nordic flavor house Einar Willumsen, alongside continued support from existing investors Investment Fund of Denmark (EIFO) and Rockstart

Sweden

Telness Tech secures €5M to accelerate Global Expansion and enters US Market

Stockholm's Telness Tech, a burgeoning software provider for the telecommunications industry, has successfully secured €5M in funding from its two principal shareholders, Industrifonden and Viltor (JCE Group). This strategic injection of capital is earmarked for propelling the company's international expansion efforts.

France

BlaBlaCar from France secures €100M Credit to propel Global Expansion

BlaBlaCar, the renowned French carpooling platform, has successfully obtained a €100 million revolving credit facility, elevating its total funding to over €637 million. This financial boost was facilitated by a consortium of both French and international banks, including BNP Paribas, Société Générale, Citi, JP Morgan, and HSBC.

Netherlands

Main Capital Partners successfully closes two Buyout Funds with €2.4B in Commitments

Main Capital Partners, a leading investor in the European enterprise software sector, has announced the successful closure of its latest buyout funds, Main Capital VIII and Main Foundation II, amassing a total of €2.44B in commitments. This achievement nearly doubles the size of the firm's previous funds, elevating Main's total

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Netherlands

Elevator Ventures Launches €70M Fund to boost Fintech and Banking Innovation

Elevator Ventures Launches €70M Fund to boost Fintech and Banking Innovation

Automotive Fintech Bumper secures €2.3M in Series B Extension

EnteroBiotix from Scotland secures €31.4M to propel Microbial Therapeutics Development

Genezio from Romania secures €1.8M for Developer Automation Tools

Biofidelity raises €22M to expand in the US and enhance Cancer Detection Technology

Pigment from Paris secures €134M in Series D Funding

REDUCED secures €6M to transform Food and Agriculture Waste into Natural Ingredients

Telness Tech secures €5M to accelerate Global Expansion and enters US Market

BlaBlaCar from France secures €100M Credit to propel Global Expansion

Main Capital Partners successfully closes two Buyout Funds with €2.4B in Commitments

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