• $25 million was donated for building plastic pollution technology
• new early stage funds popping out
• more Americans relocated to deal with Euro business

 

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Interesting deals

Nordics and Baltics

🇳🇴 Kvist, doing SAAS that makes it easy for companies to do an environmental assessment and get a green certificate in Norway, raised a $1.7 million round co-led by DNB Ventures and Arkwright X.

🇳🇴 Hyperthermics, producer of technology for converting biomass on bioactive pretreatment plants, raised $1.8 million first round.

🇸🇪 Northe, operating a marketplace for charging electric vehicles across Sweden, raised $1.9 million from local angels.

🇩🇰 Uniify, developing a SAAS tool used to simplify financial customer onboarding, raised $3.2 million seed in a round backed by Forward VC, People VC and angel investors.

🇸🇪 Zero Point, developing technology that compresses data in RAM instead of the hard drive without losing transmission time, raised $3.4 million from Climentum Capital, Nordic VC, Industrifonden and Chalmers Ventures.

🇩🇰 Mazepay, doing SAAS for automated billing for large corporates, raised $4 million seed in a round led by Scale Capital and backed by Hambro Perksand Outward VC.

🇩🇰 Growblocks, selling SAAS via a revenue planning & execution platform for SMBs, raised $6 million seed in a round led by Project A, joined by Headlineand angel investors.

🇫🇮 Skipperi, operating a peer-to-peer boat rental marketplace, raised $7.5 million from Yamaha and local investors as it expanded overseas.

🇩🇰 Reshape Biotech, YC alum (2021) building an integrated hardware and software platform digitizing microbiology experiments, raised $8.1 million seed in a round led by ACME Capital and joined by YC, FundersClub and Danish angel investors.​
​

France

🇫🇷 Humasana, building a pharma ecommerce op available in France and Germany, raised $1.3 million from local angel investors.

🇫🇷 Dotfile, developing a compliance operating system, raised $3 million seedin a round led by V13, joined by Kima Venture, Polymatter, Super Capital VC et al. 

🇫🇷 Agua Blanca, D2C provider of home + laundry + body care products, raised $3.2 million from Daphni and Prisma Media.

🇫🇷 Axeptio, developing SAAS that simplifies the collection of consent with a compliant solution and turnkey for websites, raised $3.7 million seed from Isai, Evolem and Ovni Capital.

🇫🇷 Blobr, doing "Shopify for APIs" - noCode API manager built for product people and helping manage their APIs as products - raised a $5.3 million seed round led by 10x Founders, joined by FJ Labs, another vc and high profile angels.

🇫🇷 Riot Security, developing a security platform designed for fighting phishing attempts, raised $12 million series A led by Base10 Partners, joined by Founders Future, Funders Club and angel investors.

🇫🇷 Omie & Cie, food producer using regenerative agriculture suppliers and doing 1 million ARR from 10k customers, raised $16 million series A.

​

The UK

🇬🇧 Phinxt Robotics, developing autonomous robots for warehouse operators, raised $750k pre-seed from Fuel Ventures, Atlas Ventures, Prequel Ventures et al. 

🇬🇧 Latent Technology, developing the next-generation animation technology for virtual worlds, raised $2.1 million pre-seed co-led by by Root Venturesand Spark Capital, along with BITKRAFT Ventures. The company expects to release a demo in collaboration with a gaming company in 18 to 24 months.

🇬🇧 Cudoni, a luxury resale service - apparel, jewelry, watches and other items from 4,000 designer brands - raised $9.2 million from Ebay Ventures and dmg ventures.

🇬🇧 Dash Water, a D2C zero-sugar bubble water brand operation claiming a market leader position in the British soda category, raised $10.6 million series A from Beringea and angel investors.

🇬🇧 Magic.dev, working on a computer programming AI assistant that would be trained to understand computer programming queries from vast language datas, raised a $23 million series A round led by CapitalG, joined by Amplify Partners and high profile angels. 

🇬🇧 Coincover, operating a platform providing industry-leading protection and insurance-backed guarantees for cryptocurrency investors, raised $30 million series B led by Foundation Capital.

🇬🇧 Carbonplace, building a carbon credit transaction network that will enable the secure, and transparent transfer of certified carbon credits, raised $45 million in seed money from 9 international banks.
​

Other geographies

🇮🇹 Wora, doing same day delivery services by appointment, dedicated to retailers and e-commerce, raised $650k from local angel investors. 

🇪🇸 Snab, doing a SAAS platform for automating, digitising and streamlining B2B payments, raised $1.2 million in a pre-seed round raised from Spanish investors, after having been part of YC last year.

🇩🇪 Riiico, developing a software tool helping manufacturing companies generate digital layouts at the factory floor level, raised $1.2 million pre-seedfrom Earlybird Ventures.

🇩🇪 Degura, finanical services startup that provides HR departments with a bespoke digital-led pensions programme, raised $2.2 million seed from btov partners and local angel investors.

🇮🇹 FTnet, developing a B2B multi-sided platform for the pharma market, raised $3 million from friends and family. 

🇩🇪 Frond, developing a tool for building online communities dubbed "the next Canva", raised $3.3 million seed in a round led by Cherry Ventures, joined by multiple high profile American angels.

🇳🇱 Vev, developing a software framework allowing entrepreneurs start an online business, raised $5.4 million seed from Notion Capital and Point Nine Capital after two years of working to launch.

🇬🇷 Wikifarmer, operating a marketplace for farmers, raised $5.4 million seed from Point Nine Capital and angel investors.

🇪🇸 Opscura, developing industrial control system cybersecurity, raised $9.4 million series A led by Anzu Partners, with participation from Dreamit and Mundi Ventures

🇳🇱 Byborre, a textile company specializing in design, material development, engineered knits, and supply chain services, raised $18 million series B co-led by VP Capital and Invest-NL.

​
​Please note that this is just a selection, all deals are available here.

 

Investors

Active last month 

Angels
​🇳🇴 TRK (2 deals)
🇮🇹 Davide Dattoli (2 deals)
🇬🇧 Will Neale (2 deals) 
🇮🇪 Brian O'Hagan (2 deals)
🇪🇸 Hugo Arévalo (2 deals)​
​see all​
​
VCs
​🇩🇪 HTGF (7 deals)
🇬🇧 Elbow Beach Capital (5 deals)
🇫🇷 Demeter (5 deals)
🇧🇪 Finindus (5 deals)
🇬🇧 Fuel Ventures (4 deals)
🇫🇷 Axeleo Capital (4 deals)
🇫🇷 Kima Ventures (4 deals)​
​🇺🇸 Accel (4 deals)
​see all​

​
Powder

🇫🇷 Partech held a €245 million first close on its second Africa-focused VC fund.

🇬🇧 Hanover Investors, a PE firm focused on small-cap public companies in the UK and Nordics, announced £150 million second close for its third fund.

🇩🇪 Planet A closes its first fund at €160 million to be deployed in startups dealing with planet-positive solutions.

🇫🇷 Weinberg Capital Partners of Paris announced a first closing of €100 million for a new fund Eiréné, dedicated to French startups in the strategic security and defense sector.

🇫🇷 Ovni Capital, announced a €15 million first close on its debut fund targeted at 50M - founded last year by Arnaud Laurent (ex-XLR Capital) and Augustin Sayer (ex-Newfund Capital), and planning to deploy between €250,000 and €2 million in 30 different startups. 

​

On the move

🇬🇧 Sanne de Jongh joined Oxford Science Enterprises as a partner focused on life sciences investments, moving on from an investment manager position at Gilde Healthcare in the Netherlands.

🇩🇪 Stephanie Caspar joined the Berlin office of Summa Equity as Head of Portfolio and Via Summa, jumping ship from Axel Spinger.

🇺🇸 Luna Schmid relocated from USA to London as she joined Alphabet's venture arm, GV as a general partner. She has IB background and she did VC for Summit Partners for 3 years prior to this European gig.

🇬🇧 Pietro Invernizzi was promoted as a venture partner at Stride VC, after almost 3 years of working as a principal. 

🇫🇷 François-Xavier Meyer joined Sienna Venture Capital as operating partner, switching from doing corporate VC at Groupe SEB.

🇳🇱 Koen Köppen was promoted as CEO at Mollie after a 10 months stint as CTO, preceded by 5 years as CTO at Klarna. He does angel investments occasionally.

🇬🇧 Chris Miller joined Whitehorse Liquidity Partners as a London-based head of EMEA fundraising. He previously was with Rede Partners.

🇫🇷 Christophe Baviere and William Kadouch-Chassaing were named co-chairs at Eurazeo as the French voted out Virginie Morgon as CEO and installed a new executive board.

🇬🇧 Steve O’Hear, ex-Techcrunch journalist and VP of strategy at Zapp, launched a communication agency that's working with Zapp, Cleo, and Hoxton Ventures. 

​
Also notable

🇳🇱 Ocean Cleanup, developer of technologies used to extract, prevent, and intercept plastic pollutions, secured a $25 million donation made by Airbnb and Samara co-founder Joe Gebbia.

🇩🇪 La Famiglia invested in a seed round closed by American Replo, which does a visual CMS that enables brands to build beautiful, performant e-commerce experiences with less dev time.

🇪🇺 RTP Global (UK) and Foundamental (Germany) invested in a $16.9 million Series A round led by Sequoia and closed by Singapore-based Tazapay, a cloud-based trade management platform for small and medium-sized businesses.

🇬🇧 Anthemis led a $3 million seed round raised by Kasheesh, a NY-based startup selling BNPL alternatives. 

🇸🇪 Snow Software, an asset management software provider, hired JPMorgan to find a buyer for $1 billion (including debt). The company is in private hands, backed by Sumeru Equity Partners, Adams Street Partners, Ontario Pension Board and Vitruvian Partners.

🇫🇷 Criteo, an ad tech firm listed on Nasdaq w/ nearly a $2 billion market cap, hired Evercore to help find a buyer. The company's been trying to sell itsllf since 2021.

 

Investors profile

🇪🇸 Samaipata Capital

• founded in 2016 by Jose del Barrio and Eduardo Diez-Hochleitner, leading a team of 21
• HQ-ed in Madrid, operational also in London and Paris.
• invests from a €100 million fund (second) closed in 2020.
• checks of up to €1.5 million in startups with a focus on pan-European digital platforms
• co-investors: FJ Labs, Mediaset, Alpana Venture, Piton Capital, Breega
• 8 new deals in the European portfolio closed in 2022:

🇫🇷 Allisone - sells dental services based on a tool using intelligent analysis of dental X-rays 
🇫🇷 Karmen - revenue-based financial solutions such as venture capital and loans to accelerate business growth for SaaS companies.
🇪🇸 Komon - an NFT-based creative platform that will allow fans to purchase an NFT to gain access to an exclusive online community for different artists.
🇦🇺 Prophero - SAAS for property investment.
🇫🇷 Sqwad - a B2C customer acquisition tool used for helping communities of brands acquire new customers. 
🇬🇧 SymTerra - a Slack-like product for the construction industry in order to reduce miscommunication and reduce delays
🇬🇧 Veremark - software used as a pre-employment screening service that helps companies verify employee credentials.
🇪🇸 Vivla - real estate startup that offers second homeownership by helping people buy, own, and sell the fractions of the second home that fits their life.

​

🇬🇧 Stride VC

• founded in 2018 by a Belgian - Fred Destin - and a Norwegian - Harry Stebbings - based in London, kicking it off with a £50M seed fund. 
• Fred is a veteran VC in Europe, as he had previously worked for Acceland Accomplice (fka Atlas Venture) in London for more than a decade. In 2020, Harry jumped ship to start his own fund on top of 20VC, a podcast operation. 
• invests from a second £123 million fund closed in the spring of 2021, doing seed deals across Europe, supported by a team of 8.
• co-investors: Kima Ventures, Heartcore, TrueSight Ventures, Kindred Capital, NFX.
• 11 new deals in the Euro portfolio in 2022:

​
🇬🇧 Alena - SAAS framework using computational neuroscience to deliver tailored mental health solutions.
🇬🇧 Bother - grocery e-commerce business.
🇦🇹 Deepopinion - a no-code B2B SAAS used for text and document process automations.
🇬🇧 Footium - a football management game that allows players to become the owner, manager and scout for their very own football club.
🇩🇪 Knowunity - digital learning platform for students enabling them to solve any learning problem.
🇬🇧 Kolleno - AI-powered SaaS invoice management software and collection solutions to accelerate client payments.
🇪🇸 Oliva - a digital therapy platform selling packages of therapy sessions via real-time video calls with expert-curated and experienced therapists
🇬🇧 Qargo - a road transport management system used for automated logistics management.
🇬🇧 Screenloop - SAAS solution providing intelligence, performance and automation to the hiring process.
🇷🇴 Sessions - a web-based B2B video conferencing solution.
🇧🇪 TechWolf - HR software tool used to connect people jobs and education based on skills.
​​
​

Interested in a particular VC digging? Let me know!

 

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