Storyblok, GetWhy, WealthOS, and Alinia

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

My name is Onofre, and I'm an entrepreneur living in Aarhus, Denmark. Each 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: ⌛️  5 min 20 sec.

SERIES B AND LATER
Austrian startup Storyblok raises €73.6 million to bring intelligent content management to the enterprise

🇦🇹 Austrian startup Storyblok, a modern content management system (CMS), announced the close of its €73.6 million Series C financing last week.

This is a very nice funding round! However, how good is the underlying business? 🧐 

According to the funding press release, over 200.000 developers and marketers from leading brands such as Adidas, T-Mobile, Renault, and Oatly use Storyblok to consolidate content and create better digital experiences across all channels.

I believe this is a good business because they have found a unique angle to sell software in a category that, in theory, was commoditized. Interesting case!

You can read more about this deal here.

More Series B (and later) interesting stories:

🇸🇪 Swedish climate tech startup Aira secured €200 million (debt) to fund the rollout of heat pumps to customers.

🇳🇱 Dutch-based BioBTX bags over €80 million to launch the first commercial renewable aromatics plant.

🇨🇭 Swiss startup Neural Concept raises €25 million to cut EV design time to 18 months.

🇫🇷 Paris-based Gireve raises €20 million to consolidate as a global leader in EV charging.

SERIES A
Copenhagen-based GetWhy snaps €31.7 million Series A to keep disrupting consumer research

🇩🇰 GetWhy, a Copenhagen-based provider of AI-powered consumer insights, has secured €31.7 million in funding, marking one of the largest Series A financings in Danish history. 🚀 

How did this company manage to raise over €30 million to improve the customer insight market? Is the market really that big?

Apparently, yes. The consumer research market is valued at around $60 billion and relies on methods and materials that have barely changed in the last 50 years.

GetWhy is changing consumer research with its AI-powered platform, delivering fast, high-quality insights for brands at a fraction of the cost of traditional methods. Nice!

You can read more about this deal here.

More Series A interesting stories:

🇫🇷 Paris-based Imagino raises €25 million Series A to expand its revenue-first customer experience platform.

🇩🇪 Berlin-based Quantica increases Series A to €19.7 million to fuel growth of its additive manufacturing tech.

🇪🇸 Madrid-based edtech Bcas bags €17 million to fuel its international expansion plans.

🇹🇷 Turkish fintech Sipay secures €13.9 million to advance product development and local and international expansion.

🇩🇪 Berlin-based Re:cap raises €13.5 million Series A to release own SaaS platform for investors and businesses.

🇩🇪 Hamburg-based Plancraft secures €12 million to digitalize the European labor industry.

🇩🇪 Berlin-based Coboworx secures €11.4 million to provide robotics to SMEs.

🇪🇸 Madrid-based Samara, a startup focused on supporting households in their energy transition, secured €9 million.

🇪🇸 Barcelona-based climate risk quantifier Mitiga bags €8 million Series A extension.

🇩🇰 Copenhagen-based EvodiaBio secures €7 million aiming to revolutionise the market for sustainable aroma.

SEED
London-based WealthOS raises €4.6 million to accelerate digital adoption within the wealth management industry

🇬🇧 WealthOS, a cloud-native wealth management infrastructure platform provider, has announced the successful closure of its €4.6 million seed round.

The goal of this startup is to enable organizations to offer incredible, omni-channel wealth management products to clients with high speed and cost efficiency.

In this case, I haven't found any numbers on how the company is doing. The only thing worth mentioning is that their main investor is Barclays Bank, which is a pretty convenient backer for a startup like this. 💰️ 

You can read more about this deal here.

More Seed interesting stories:

🇮🇹 Milan-based Sibill secures €6.2 million to simplify and automate financial operations for Italian SMBs.

🇪🇪 Estonian SensusQ raises €3.8 million for defence intelligence software.

🇫🇷 Paris-based Decade Energy closes €3.6 million to enable the electrification of commercial EV fleets.

🇱🇹 Lithuanian startup Spike raises €3.2 million to supercharge health enterprises with GenAI.

🇳🇴 Oslo-based Sloyd bags €3 million to speed up 3D design for creators and gaming companies.

🇬🇧 London-based Slip raises €2.9 million to transform receipts into a data tool for retailers.

🇩🇪 Hamburg-based SmartLoC secures €1.8 million to streamline international trade B2B payments.

🇬🇧 Manchester-based Ittybit snaps €1.7 million to make robust media workflows accessible to developers.

PRE-SEED
Barcelona-based Alinia raises €2.2 million pre-seed to enable safe deployment of genAI

🇪🇸 Alinia AI, an alignment platform ensuring safe, policy-guided deployment of generative AI for businesses, has raised €2.2 million.

An interesting case of a startup targeting a core challenge in generative AI, in my opinion, which is the “alignment” problem.

For those unfamiliar with the concept, alignment is essentially the process that ensures AI systems adhere to expected behaviors, policies, and regulatory requirements.

I think assessing the performance and reliability of generative AI applications, in terms of safety and business impact, is a big challenge for companies today… and a HUGE opportunity for new startups to emerge. 🚀 

You can read more about this deal here.

More pre-Seed interesting stories:

🇫🇮 All-female founded startup Audicin secures €522K pre-seed funding to revolutionize wellbeing with innovative audio treatments.