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 22/4/23 featuring funding details for Tanso, Weaviate, and seven other European deals representing £290M in new funding that you absolutely need to know about.
Caristo Diagnostics – £13.0M
Oxford-based Caristo Diagnostics is a biotech company that provides diagnostic platforms for heart diseases, stroke, and diabetes. Founded by Charalambos Antoniades, Cheerag Shirodaria, Keith Channon, and Stefan Neubauer in 2018, Caristo Diagnostics has now raised a total of $29.7M in total equity funding and is backed by BGF Ventures, Longwall Venture Partners, Oxford Investment Consultants LLP, Oxford Science Enterprises, and Oxford University Innovation.
Distalmotion – $150.0M
Epalinges-based Distalmotion is a Swiss medical device company. We have developed a surgical robot called Dexter to establish a new standard of care. Founded by Lionel Flaction and Ricardo Beira in 2012, Distalmotion has now raised a total of $240.0M in total equity funding and is backed by Revival Healthcare Capital.
Qdrant – $7.5M
Berlin-based Qdrant is an open-source vector search engine and database for next-generation AI applications. Founded by Andre Zayarni and Andrey Vasnetsov in 2021, Qdrant has now raised a total of $9.8M in total equity funding and is backed by 42CAP, Amr Awadallah, IBB Ventures, and Unusual Ventures.
The London TechWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the London business community and beyond. Learn more about advertising to London Tech, at scale.
Social Value Portal – £8.5M
London-based Social Value Portal is a on-line solution that allows organisations to measure and manage the contribution. Founded by Guy Battle in 2012, Social Value Portal has now raised a total of £11.5M in total equity funding and is backed by Beringea and Mercia Fund Managers.
Weaviate – $50.0M
Amsterdam-based Weaviate builds, maintains, and commercializes the open-source vector database Weaviate Founded by Bob van Luijt, Etienne Dilocker, and Micha Verhagen in 2019, Weaviate has now raised a total of $67.7M in total equity funding and is backed by Battery Ventures, Cortical Ventures, Index Ventures, ING Ventures, New Enterprise Associates, and Zetta Venture Partners.
TRIVER – £7.0M
London-based Triver is the owner of an API-first platform for small businesses to receive credit. Founded by Jerome Le Luel in 2022, TRIVER has now raised a total of £7.0M in total equity funding and is backed by Alidad Moghaddam, Axeleo Capital, Edward Lando, FJ Labs, Mandeep Singh, Motier Ventures, Motive Partners, Pareto Holdings, and Stride.VC. London TechWatch exclusive coverage of this round:
You are seconds away from signing up for the hottest list in London Tech!
KoRo – €20.0M
Berlin-based KoRo is a D2C FoodTech startup with a focus on making healthy and long-lasting food. Founded by Constantinos Calios in 2014, KoRo has now raised a total of $86.7M in total equity funding and is backed by Five Seasons Ventures, Haub Legacy Ventures, HV Capital, Partech Ventures, and SevenVentures.
Oblivious – €5.4M
Dublin-based Oblivious builds tools to allow you to use your sensitive data with internal and external partners while keeping it private and secure. Founded by Jack Fitzsimons and Robert Pisarczyk in 2020, Oblivious has now raised a total of $6.9M in total equity funding and is backed by Act Venture Capital, Atlantic Bridge, Cavalry Ventures, Expeditions Fund, Firestreak Ventures, and Hustle Fund.
Tanso – €4.0M
Munich-based Tanso aims at making sustainability accounting as integrated, transparent and verifiable as financial accounting. Founded by Fabian Sinn, Gyri Reiersen, Lorenz Hetzel, and Till Wiechmann in 2021, Tanso has now raised a total of $6.3M in total equity funding and is backed by Capnamic Ventures and UVC Partners.
The London TechWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the London business community and beyond. Learn more about advertising to London Tech, at scale.
