Who Got Funded? Week 8, 2024

Good morning ☀️ 

A huge THANK YOU to the more than 130 new subscribers who joined this club last week. We've now surpassed 350 subs! 🚀 And we are just getting started.

Now, let’s dive deep into the most interesting startup funding stories from last week. 👀 

Estimated reading time: ⌛️ 6 min.

PRE-SEED
Vilnius-based Evergrowth lands €2 million pre-seed to kill the spam mindset in sales

🇱🇹 Evergrowth, a Vilnius-based platform offering an AI-driven account-based sales solution, has secured €2 million in a pre-seed funding round, marking one of the largest of its kind in the Baltics. 🔝 

Up until today, I believe we've encountered many compelling proposals at the intersection of AI and sales. It's certainly an intriguing sector where AI is poised to make significant contributions.

As evidence of this company's potential, it's reported to be on track to reach $500,000 in Annual Recurring Revenue (ARR) within three months of launching its Minimum Viable Product (MVP).

You can read more about this deal here.

More pre-seed interesting stories:

🇬🇧 London-based Samphire Neuroscience raises €2.1 million to launch wearable that targets premenstrual symptoms and menstural pain.

🇵🇹 Porto-based Connected raises €2 million pre-seed to deliver universal connectivity from space.

🇸🇪 Stockholm-based Serverpod secures €1.7 million to remove barriers for faster app development.

🇬🇧 London startup Juniper raises €1.6 million for "dental insurance, but for your genitals".

SEED
Aarhus-based Hakio gets €4 million to help fashion brands reduce global waste due to bad forecasting

🇩🇰 Aarhus-based Hakio has successfully closed a seed round of €4 million, co-led by People Ventures and Dreamcraft Ventures, with participation from existing investors Blazar Capital and Founderment.

Hakio’s proposal seems very interesting to me. According to the press release, retailers worldwide face losses of up to €1 trillion due to poor planning, resulting in overproduction, lost sales, and operational inefficiency.

By leveraging machine learning, Hakio’s platform offers insights that help retailers plan more effectively and enhance accuracy, significantly reducing costs. The platform has been co-developed with clients such as Jack & Jones and Only.

You can read more about this deal here.

More seed interesting stories:

🇫🇷 Paris-based Bioptimus raises €32 million seed round to develop AI foundational model focused on biology.

🇩🇪 Berlin-based Monite adds €5.5 million to expand embeddable financial services for US B2B platforms.

🇫🇷 Paris-based Avatar Medical bags €5 million to democratize access to 3D medical images.

🇩🇰 Copenhagen-based fintech Spektr comes out of stealth raising €5 million to transform due diligence.

🇳🇱 Eindhoven-based Scinvivo secures €4.7 million to radically improve bladder cancer diagnostics.

🇩🇪 Berlin-based insurtech Embea snaps €4 million to build pan-European embedded life insurance platform.

🇭🇷 Croatian longevity startup GlycanAge secures €3.9 million to advance personalized preventative care.

🇩🇰 Copenhagen-based Januar raises €1.5 million seed extension to launch B2B crypto services platform.

🇳🇱 Amsterdam startup Sparqle secures €1.2 million for sustainable delivery platform.

🇪🇪 Tallinn-based Cognitiwe captures €1 million to spearhead AI-driven retail solutions.

SERIES A
Barcelona-based WIVI Vision raises €4 million to improve visual health with gamified AI-based therapies

🇪🇸 WIVI Vision has closed a €4 million funding round led by Adara Ventures, an early-stage VC focusing on deep tech in Europe, to enhance visual efficiency and treat visual dysfunctions.

This startup leverages AI, Big Data, and 3D technologies through video games to deliver personalized visual assessments and training, improving patient care while providing specialists with precise data.

You can learn more about this deal here.

More Series A interesting stories:

🇺🇸 PermitFlow has raised a €29 million Series A to advance construction permitting.

🇺🇸 Microservices orchestration platform Orkes raises €18 million Series A.

🇮🇱 Israel-based Faddom raises €11 million to help companies map IT infrastructure wherever it lives.

🇩🇪 Darmstadt-based Threedy secures €9.6 million to fulfill industrial 3D visualization across devices.

SERIES B AND LATER
Paris-based Planity bags €46 million Series C to drive international expansion to its booking platform for beauty

🇫🇷 Planity, a Paris-based SaaS provider offering booking solutions for the beauty sector, has announced raising $50 million in a Series C investment round. InfraVia Capital Partners has led the round with participation from existing shareholders.

This startup facilitates over 10 million monthly bookings across 40,000 establishments, achieving a $40 million ARR in 2023, with salon partners seeing up to a 16% revenue increase during the first year of collaboration.

You can learn more about this deal here.

More Series B (and later) interesting stories:

🇺🇸 Healthcare startup Abridge raises $150 million for AI model for clinicians.

🇺🇸 AI 'coworker' startup Magic quintuples funding with $117 million in fresh cash.

🇺🇸 Self-driving startup Recogni nabs $102 million to design AI chips.

🇺🇸 California-based Clumio raises $75 million to automate cloud data backup and recovery.

🇺🇸 New York-based Qloo raises $25 million to predict your favorite movies, TV shows and more.