Caresyntax, Gaussion, and Trumpet

Welcome to another edition of the Who Got Funded newsletter. 🚀 

My name is Onofre, and I'm an entrepreneur living in Aarhus, Denmark. Every week, I dedicate 3 to 4 hours of my free time to reading startup news, which I then summarize in this newsletter.

I hope you enjoy this content. Thank you so much for reading. ✌️ 

Estimated reading time: ⌛️ 4 min 30 sec.

SERIES B AND LATER
Berlin-based medtech Caresyntax raises €163 million for AI surgery platform

🇩🇪 Last week, Berlin-based Caresyntax raised €163 million to revolutionize surgery by integrating AI, devices, and clinical services.

First of all, let me say that I really like what this scale-up does. 👩‍⚕️ 🏥 

❓️ If you were in a life-or-death situation and facing surgery, who would you trust more: a human or an AI algorithm?

On one hand, humans are likely better at navigating the uncertainty of completely new situations. But we can also easily make human errors.

On the other hand, AI is probably much more consistent in handling known situations. I think I would prefer an AI algorithm. Besides, it would be much more cost-efficient.

Founded in 2013, this company is on a mission to make surgery smarter and safer. Their software captures and analyzes large volumes of video, audio, images, device data, clinical, and operational data, providing metadata insights and real-world evidence that help surgeons and teams improve their care.

Currently, the software is being used in more than 3.000 operating rooms worldwide and supports surgical teams in more than three million procedures per year. Impressive! 🚀 

👉️ You can read more about this deal here.

More Series B (and later) interesting stories:

🇬🇧 London-based health tech Hexarad secures €13 million for its teleradiology platform.

🇵🇹 Lisbon-based FRVR raises €11.6 million to help game developers create faster than ever.

SERIES A
London-based Gaussion raises €10.9 million to make EV’s batteries charge faster

🇬🇧 Last week, London-based battery startup Gaussion raised €10.9 million to develop rapid battery charging technology.

To begin with, I would like to say that I believe this startup is addressing a very real and significant problem.

The slow charging speed of batteries remains a major challenge that needs to be solved for the widespread adoption of electric vehicles (EVs).

This startup, a spin-off from University College London (UCL), has developed a promising solution that significantly enhances battery performance by using an external magnetic field during charge and discharge cycles.

This approach enables rapid charging by steering ions within existing battery cells. Nice!

👉️ You can read more about this deal here.

More Series A interesting stories:

🇸🇪 Energy grid startup Flower raises €25 million to help customers supply the grid during high-demand periods.

🇳🇱 Amsterdam-based Sling Money raises €13.6 million for its app that enables instant global money transfers.

🇨🇾 Cyprus-based Eschatology Entertainment secures €10.2 million to finalise upcoming games.

🇸🇪 Stockholm-based HRtech Impactpool secures €3.6 million Series A to boost inclusive job opportunities.

SEED
London-based Trumpet bags €5.7 million to centralise the whole sales cycle into collaborative pods

🇬🇧 Last week, London-based startup Trumpet, a platform that puts buyers at the center of the sales journey, announced it has raised €5.7 million in seed funding.

Let's start by understanding what this startup is doing. This startup is helping companies streamline their B2B sales processes by centralizing the entire buying journey from pitch to renewal into a single, collaborative workspace. If I'm getting it right, it's more or less like an enhanced CRM.

The company is targeting the “Sales Enablement Platform” market, which is projected to grow to nearly $9 billion by 2029. Not a huge market, but an interesting one.

According to the funding press release, customers of this startup have “reduced sales cycles by 28% and increased closed-won opportunities by 13%”. These numbers look promising! This startup may have a compelling product on their hands.

👉️ You can read more about this deal here.

More Seed interesting stories:

🇫🇮 Finnish company Collo gets €5 million to optimise food & beverage industry.

🇮🇸 Reykjavik-based PLAIO raises €4.3 million to expand its AI planning platform for pharma industry.

🇬🇧 London-based Clearly secures €3.9 million to drive Net Zero targets in supply chains.

🇩🇪 Munich-based Voiceline snaps €2.4 million to free sales teams from tedious administrative tasks.

🇬🇧 London-based Cosine raises €2.2 million to deliver autonomous AI software developers.

🇧🇪 Belgian startup Hedera-22 raises €2 million to accelerate progress for a sustainable agriculture.

🇩🇰 Copenhagen-based Contribe bags €1 million to make businesses engage with sustainability-focused consumers.