NorthSea Therapeutics completes $80 million Series C fundraising to advance clinical programmes in metabolic disorders
NorthSea Therapeutics B.V., a biotech company developing novel and innovative strategies for the treatment of non-alcoholic steatohepatitis (NASH) and other metabolic diseases, has announced the close of a $80 million Series C financing round. The financing round was co-led by Ysios Capital and Forbion Growth, and was joined by new investors, a large managed care organization, and Hercules Capital, Inc. Existing investors, Forbion Ventures, venBio, Novo Seeds, Sofinnova, BGV and New Science Ventures also participated. The fundraising will be used to advance the development of the company’s pipeline of Structural Engineered Fatty Acids (SEFA) clinical-stage programmes in NASH and other metabolic disorders.
Silverflow raises $17 million in Series A funding
The Amsterdam-based modern global payment technology company, Silverflow, has raised a $17 million Series A funding round. The round was led by Coatue Management, with participation from Crane Venture Partners, INKEF Capital, and Global Paytech Ventures. Angel investors Jason Gardner, founder and CEO of Marqeta, and Gokul Rajaram, a former Square product lead and current Coinbase board member also took part. Silverflow is a cloud-based platform that provides direct access to card networks for payment services providers, merchants, and acquirers through APIs. The company will use the funds to grow the team and expand into the US over the following years.
The soft skill scaleup Lepaya secures €35.5 million
Lepaya, a leading provider of power skills trainings that combines online and offline learning, has announced a €35.5 million Series B investment - one of the largest financing rounds to date for an education technology company in Europe. The round was led by Target Global, and joined by Noor van Boven (formerly N26) and Anna Brandt (formerly Mollie), alongside entrepreneurs Jordy Kool (Urban Gym), and Chris Zadeh (formerly Ohpen). Existing investors Mediahuis Ventures and Tablomonto also participated. The recent funding brings the total capital raised to $47 million. Lepaya will continue to drive its mission to make multinational corporations and fast-growing companies more productive by upskilling their workforce through this investment.
Reveall has raised €1.5 million in pre-seed funding
Reveall, a customer insights platform, raised €1.5 million in pre-seed funding. The funding round was led by Fortino Capital with additional investment from the Dutch Founders Fund. Launched in July 2021, Reveall aims to help companies gain more actionable customer insights and make easier decisions through its platform.
€2.5 million venture capital for vintage marketplace Whoppah
The first-class online marketplace for second-hand design furniture and art, Whoppah, has raised €2.5 million in venture capital from existing shareholders and new private investors. The company is working on an additional €10 million investment round to scale internationally.
Greencast raises €400 thousand to build software for climate impact
The Amsterdam-based climate-tech startup, Greencast, has raised a €400 thousand pre-seed funding round, led by Shamrock Ventures, with additional participation from a group of leading Dutch entrepreneurs and angels. The investment will allow Greencast to expand its carbon management solutions through its unique platform and API offering. Greencast currently helps companies to gain real-time emission insights with minimal human input by leveraging cloud-based machine learning models. Greencast’s API, which contains pre-written code, will enable companies to integrate their emission accounting engine into their platforms directly.
Mambu raises €235 million at €4.9 billion valuations in EQT Growth-led Series E
The market-leading, modern SaaS banking platform, Mambu has raised €235 million in an EQT Growth-led Series E funding round. This is the largest financing round to date for a banking software platform. The funding brings the company’s valuation to €4.9 billion post-money, making it one of the highest-valued B2B SaaS companies founded in Europe. The company will use the funding to accelerate innovation in its next-generation platform to introduce new functional and technical capabilities.
KIMO raises €3 million
KIMO, the Amsterdam-based AI start-up that focuses on personalised education in tech domains such as AI, blockchain, and cloud computing, has raised a €3 million funding round. The round was led by two Dutch investors and came 13 months after an initial round of €1.25 million closed in September last year. The company aims to work closely with local OEMs, telcos, and partners in the education space to scale more efficiently.
Convious raises €10.6 million by Begin Capital
Convious has raised €10.6 million in a Series A round of funding led by Begin Capital. In the round, other investors including Market One Capital, MillionMonkeys, and FJ Labs, also participated alongside existing investor Capital Mills. The A.I.-driven all-in-one inbound marketing and sales platform aims to empower leisure venues to sell online at better prices.
Tablevibe raises $1.5 million
Tablevibe raised a $1.5 million seed investment round led by venture capital firm Global Founders Capital. VC Velocity Ventures and multiple angel investors also participated in the round. The software startup was part of Y Combinator’s most recent batch and aims to gather customer data while drawing in sales for restaurants.
Synekrine Pharma raises €3.5 million in an extended Series A financing
Synerkine Pharma B.V. has added €3.5 million to its Series A funding. The extension was led by Flerie Invest, with support from existing investors Thuja Capital and Utrecht Holdings. Synerkine Pharma is a preclinical stage biotech company, developing a new class of powerful cytokine fusion proteins aimed to treat disorders such as chronic pain, osteoarthritis, and chemotherapy-induced neuropathy, which are all diseases with a high unmet need.
Medal.tv raises €53 million in its Series C round of funding
Naarden-based Medal.tv raised a €53 million Series C round led by OMERS Ventures. This scaleup provides a platform that allows users to capture, upload, and share gaming videos. The proceeds from the recent round will be used to bring strategic acquisitions, expand research and development, and hire key talent.
Textkernel acquires US-based software company Sovren
Amsterdam-based Textkernel, backed by strategic software investor Main Capital Partners, has acquired the US-based AI company Sorven. The company uses artificial intelligence, machine learning and semantic technology to enable recruitment and staffing agencies to work smarter and more efficiently. With the acquisition of Sorven, the company will strengthen its position as a global leader in search and match technology.
Maven 11 Capital closed Venture Fund II at $120 million
The crypto investment fund, Maven 11 Capital announced that it had closed its second fund, Venture Fund II, at $120 million. Founded in 2015, the Amsterdam-based blockchain and crypto-asset investment firm supports and invests in ventures globally. Following the success of their first fund, the team will continue to scale their backing of incredible founders looking to build novel infrastructure protocols, DeFi primitives and Web 3.0 applications in the crypto industry.
MetaMundo raised over $2.7 million in seed funding
MetaMundo, the 3D NFT marketplace for building the metaverse, has raised over $2.7 million in seed funding. The funding round was led by the Anomoca Brands, with the participation of other companies with a focus in metaverse. The company will use the funding to build and launch the 3D NFT marketplace.
Exeger acquires Intivation BV
Intivation BV, a boost converter designer that is specialised in low power applications, had been acquired by the Swedish industrial company, Exeger. The acquisition will optimise system output and strengthen the ecosystem around the patented solar cell technology, Powerfoyle - allowing it to provide more power to devices.
TabTrader raises $5.8 million
TabTrader, a trading terminal for crypto exchanges, has raised $5.8 million in Series A funding. The round was led by BitMEX Ventures, with the participation of Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. The company now aims to grow their team and focus on global expansion - including the aggregation of decentralised crypto exchanges, starting with Solana based Serum, Raydium, and Orca.
Dealroom raises a €6M Series A round led by Beringea
Amsterdam-based market intelligence and data scaleup Dealroom has raised a €6M Series A round led by Beringea, supported by existing investors Knight Venture Capital and Shoe Investments. The fresh capital will allow the team to accelerate product development and double down on their global expansion. Dealroom will stay true to its mission to accelerate tech entrepreneurship by providing data transparency, and be the intelligence layer at the heart of tech ecosystems globally.
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