The European Tech Weekly Notable Startup Funding Report takes on a trip across various ecosystems in Europe, highlighting some of the notable funding activity in the various markets that we track. The notable European Tech startup fundings for the week ending 18/3/23 featuring funding details for QuadSAt, Oculai, AG5, and ten other European deals representing £142M in new funding that you absolutely need to know about.
Medwing – €44.0M
Berlin-based Medwing is a healthcare start-up that provides opportunities to work in the healthcare sector. Founded by Johannes Roggendorf and Timo Fischer in 2017, Medwing has now raised a total of €72.0M in total equity funding and is backed by Atlantic Labs, Cathay Capital, Cherry Ventures, Hambro Perks Ltd., Northzone, Quadrille Capital, and SVB Capital.
AG5 – €6.0M
Amsterdam-based AG5 is a skills management software that visualizes and tracks the workforce’s skills in a centralized skills hub. Founded by Mathieu van Echtelt, Rick Van Echtelt, and Wouter Gazendam in 2019, AG5 has now raised a total of €7.2M in total equity funding and is backed by Acadian Ventures, Headline, and Peak.
oculai – €2.5M
Munich-based Oculai is a SaaS solution for camera-based data collection on construction sites using intelligent computer vision algorithms. Founded by Constantin Kauffmann, Tim Sippl, and Yannik Mack in 2021, oculai has now raised a total of €2.5M in total equity funding and is backed by Arno Zinke, Axeleo Capital, Bayern Kapital, Christoph Jentzsch, High-Tech Grunderfonds, and Tobias Ortmaier.
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QuadSAT – €9.0M
Odense-based QuadSAT has been established as a VSAT solution and R&D company in Horsens, Denmark. Founded by Joakim Espeland in 2014, QuadSAT has now raised a total of $12.9M in total equity funding and is backed by Helge Munk, IQ Capital, Seraphim Space, Torben Frigaard Rasmussen, and Vaekstfonden.
Intrinsic Semiconductor Technologies – £7.0M
London-based Intrinsic Semiconductor Technologies is established to developed silicon-oxide based RRAM technologies. Founded by Anthony Kenyon in 2017, Intrinsic Semiconductor Technologies has now raised a total of £8.4M in total equity funding and is backed by IP Group, Octopus Ventures, and UCL Technology Fund.
APEXX – $25.0M
London-based APEXX consolidates global payment providers into a single integration point, optimising the cost of complex payment ecosystems. Founded by Peter Keenan, Rodney Bain, and Toreson Lloyd in 2016, APEXX has now raised a total of $37.0M in total equity funding and is backed by Alliance, Forward Partners, and MMC Ventures.
Perspectum – $19.0M
Oxford-based Perspectum provides imaging solutions to help doctors in clinical decision-making as well as support patient engagement. Founded by Matthew Robson, Michael Brady, Rajarshi Banerjee, and Stefan Neubauer in 2012, Perspectum has now raised a total of $118.2M in total equity funding and is backed by Oppenheimer & Co..
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HelloSelf – $20.0M
London-based HelloSelf is a health and wellness platform that provides its users with digital access to therapists. Founded by Charles Wells in 2018, HelloSelf has now raised a total of $31.3M in total equity funding and is backed by Manta Ray Ventures, Octopus Ventures, OMERS Ventures, and Oxford Capital Partners.
Connectd – $2.6M
London-based Connectd is a product ecosystem that empowers founders, investors and advisors to manage connections. Founded by Roei Samuel and Sam Luckett in 2019, Connectd has now raised a total of $5.6M in total equity funding and is backed by Alan Morgan, Arch.Law, Blue Lake, Daniel Gerrard, Guy Carling, LiFE Ventures, Mail Venture Partners, SyndicateRoom, and Tim Levy.
FIRE1 – $25.0M
Dublin-based FIRE1 and is based in Dublin, Ireland, will focus on developing novel therapeutic devices. Founded by Hanson Gifford in 2013, FIRE1 has now raised a total of $82.1M in total equity funding and is backed by Andera Partners, Gilde Healthcare, Gimv, Ireland Strategic Investment Fund, Lightstone Ventures, Medtronic, New Enterprise Associates, Novo Holdings, and Seventure Partners.
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Legislate – $3.6M
London-based Legislate makes it easy for non-lawyers to safely create, manage and search lawyer-approved contracts on no legal budget. Founded by Charles Brecque in 2020, Legislate has now raised a total of $5.2M in total equity funding and is backed by Oxford Capital Partners and Parkwalk Advisors.
Medigo – $2.0M
Berlin-based Medigo enables global access to quality healthcare. Founded by Ieva Soblickaite, Pawel Cebula, and Ugur Samut in 2013, Medigo has now raised a total of $14.8M in total equity funding and is backed by East Ventures, Pavilion Capital, and Touchstone Partners.
FrontM – $1.5M
London-based FrontM provides a private-labeled application marketplace for airlines, cruises, shipping, and remote enterprises. Founded by Guillermo Acilu and Kiran Venkatesh in 2016, FrontM has now raised a total of $3.2M in total equity funding and is backed by Jenson Funding Partners, Motion Ventures, and Tradeworks.vc.
