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 20/5/23 featuring funding details for Covatic, Omass, and seven other European deals representing £129M in new funding that you absolutely need to know about.
Brompton Bicycle – £19.0M
London-based Brompton Bicycle are the manufacturers of the Brompton folding bike, designed and built in their factory in West London, England. Founded by Andrew Ritchie in 1975, Brompton Bicycle has now raised a total of £19.0M in total equity funding and is backed by Business Growth Fund.
Covatic – $5.0M
Oxford-based Covatic is the use of mobile based algorithms to bring smart personalisation to apps. Founded by Nicholas Pinks, Robert Dunbar, and Stuart Timms in 2016, Covatic has now raised a total of $7.0M in total equity funding and is backed by Comcast, Creative UK, and Praetura Ventures.
Hotel Manager – £2.2M
London-based Hotel Manager offers a full-stack guest experience solution that taps into the possibilities of everyone’s most-loved device. Founded by Agni Ilango, Ajwad Hashim, and Gokulan Kannan in 2019, Hotel Manager has now raised a total of $4.2M in total equity funding and is backed by Boost Fund, COREangels Lisbon, Fuel Ventures, Pitchdrive, and Startupist Ventures.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
Moon Surgical – $55.4M
Paris-based Moon Surgical develops a new category of robotic surgery that enhances existing clinical practice with collaborative and adaptive robotics. Founded by Brice Gayet and Pierre Campredon in 2019, Moon Surgical has now raised a total of $90.1M in total equity funding and is backed by Cathay Capital, Fred Moll, M.D, GT Healthcare Capital Partners, Johnson & Johnson Innovation, Josh Makower, MD Start, NVentures, Richard Leparmentier, Sacha Loiseau, Siddarth Satish, Sofinnova Partners, and Yann Fleureau.
OMass Technologies – £10.0M
Oxford-based OMass Technologies is a drug discovery company exploiting novel mass spectrometry platforms to develop therapeutics. Founded by Hsin-Yung Yen, Idlir Liko, and Jonathan Hopper in 2016, OMass Technologies has now raised a total of £128.0M in total equity funding and is backed by British Patient Capital.
SaveMoneyCutCarbon – £5.0M
London-based SaveMoneyCutCarbon, an e-commerce platform and energy savings consultancy, Founded by Charlie Farr and Mark Sait in 2010, SaveMoneyCutCarbon has now raised a total of £7.2M in total equity funding and is backed by Barclays Sustainable and Impact Banking, Dominic Christian, IW Capital, and Low Carbon Innovation Fund.
Could your startup us a $1M investment, plus mentorship, and support to scale? Join 43North’s Why to Apply Webinar on May 31! REGISTER HERE.
Miscusi – €10.0M
Milan-based Miscusi is a restaurant that provides chinese food. Founded by Alberto Cartasegna and Filippo Mottolese in 2016, Miscusi has now raised a total of €10.0M in total equity funding and is backed by Kitchen Fund, Milano Investment Partners SGR, and Picus Capital.
Oneday – £5.0M
London-based Oneday helps entrepreneurs turn their passion into business Founded by Ranbir Arora and Taras Polik in 2020, Oneday has now raised a total of £8.3M in total equity funding and is backed by Ananda Impact Ventures, Brighteye Ventures, Flint Capital, Outward VC, and Sparkmind.vc.
VoxelSensors – €5.0M
Brussels-based VoxelSensors is at the forefront of 3D perception. Founded by Johannes Peeters and Ward van der Tempel in 2020, VoxelSensors has now raised a total of $6.7M in total equity funding and is backed by Capricorn Partners, Finance.Brussels, and Qbic Fund.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
