The European tech scene is a thriving community for the startups and aspiring entrepreneurs. Several European countries are becoming the most capable places for startups. With the favourable business environment in many of these countries, the startups are becoming peerless as compared with their counterparts in the other continents.
This progress of startups is mainly due to their vision and idea and also the flow of investments that pour in from the investors and venture capital firms. Making this evident, an array of European startups secured funding since the debut of this year. And, here we list 10 European startups that have secured the maximum funding in January.
#1 Veeam – $500M Funding (Switzerland)
Veeam was founded in 2006 by Andrei Baronov and Ratmir Timashev in Switzerland. It specialises in developing backup, intelligent data management and catastrophic resurgence software for virtual, physical and multi-cloud infrastructures. This startup raised $500 million (approximately €435.25 million) in a funding round led by Insight Venture Partners and Canada Pension Plan Investment Board.
#2 Collibra – $100M Funding (Belgium)
Collibra, a startup based in Brussels is an enterprise data governance and catalog software company. It was founded in 2008 by Felix Van De Maele, Pieter De Leenheer and Stijn Christiaens. Recently, the startup raised $100 million (approximately €87.2 million) funding from CapitalG, Alphabet’s (Google) growth equity investment fund and existing investors including ICONIQ Capital, Index Ventures, Dawn Capital and Battery Ventures.
3 Wynd – €72M Funding (France)
Wynd based in Paris established in 2013 by Ismaël Ould. Wynd offers a software-as-a-service platform for machinery that is powered by computer. The startup has developed an API to enable it to integrate with the third-party services. It raised €72 million from Natixis, Sofina and BNF Capital. It aims to grow internationally with the recent funding round.
#4 MarketInvoice – €63M Funding (UK)
MarketInvoice is the biggest online invoice financing platform in Europe. It is involved in financial technology startup specialising in invoice managing. Founded in 2011 by Anil Stocker and Ilya Kondrashov. This UK-based startup raised €63 million in a Series-B funding round led by Barclays and Santander InnoVentures along with Northzone to further develop its products.
#5 ContentSquare – €52.5M Funding (France)
ContentSquare founded in 2012 by Jonathan Cherki in France. It is an AI-powered digital experience insights platform, which helps businesses comprehend how and why users interact with apps and websites. It uses artificial intelligence, behavioural data and big data to offer automatic recommendations. This French startup secured €52.5 million in Series C funding from existing investors including Eurazeo, Highland Europe, Canaan Partners and H14, an Italian VC.
#6 Talentsoft – $50M Funding (France)
Talentsoft is a leading French learning and human capital management software solutions provider. It was founded in 2007 by Jean-Stéphane Arcis, Alexandre Pachulski and Joël Bentolila. This cloud-based talent management software developer raised $50 million (approximately €43.25 million) in a funding round led by Francisco Partners.
#7 Personio – €35M Funding (Germany)
Personio is a Munich-based startup facilitating the HR department of small and medium-sized enterprises with its digital solution. This is possible with its ‘The HR Operating System’ enabling enterprises store and manage the HR and employee data functions. Personio raised a series B funding of €35 million led by Index Ventures along with its existing investors Northzone and Rocket Internet SE.
#8 HighLife – €32M Funding (France)
HighLife, a French medtech startup founded in 2010 by Georg Börtlein in France. This startup as developed path-breaking TMVR (Transcatheter Mitral Valve Replacement) system aimed at reducing the number of patients suffering from severe cardiac disorder. This startup raised €32 million funding from US Venture Partners (USVP), Andera Partners, Sectoral Asset Management and Sofinnova Partners to develop its medical device.
#9 Featurespace – €30M Funding (UK)
Featurespace is a leading anti-fraud and risk management company based in the UK. It aims to protect customers from fraud and risk without any disruption to the payments. This is done by using adaptive behavioural analytics for fraud detection and risk management. Recently, it raised €30 million funding from Insight Venture Partners and MissionOG and existing investors such as IP Group plc, Highland Europe, TTV Capital, Robert Sansom, and Invoke Capital. It was founded in 2008 by Professor Bill Fitzgerald and one of his PhD students, Dave Excell.
#10 Mimiro – €26M Funding (UK)
Mimiro, which was formerly known as ComplyAdvantage was founded in 2014 by Charles Delingpole in London. It is building a comprehensive global repository providing an instant and accurate risk profile for the commercial entities and individuals all over the world. It bagged €26 million in a Series B round led by Index Ventures and an existing investor Balderton Capital.
Stay tuned to Silicon Canals for more updates in the tech startup world.