Who Got Funded? Week 9, 2024

Good morning ☀️ 

If last week we were celebrating surpassing 350 subscribers… today, we have another exciting milestone to celebrate: over 500 people are now part of the Who Got Funded club! 🧑‍🚀 🚀 

Thank you all so much for your incredible support.

Estimated reading time: ⌛️  5 min 45 sec.

PRE-SEED
Berlin-based Yendou secures €1.2 million to scale its clinical operations automation platform for the pharma industry

🇩🇪 Berlin-based Yendou, aiming to revolutionize life sciences research with a “Salesforce for R&D teams”, has secured $1.3 million in pre-seed funding led by b2venture.

This market seems particularly interesting because, as the funding round press release highlights, it takes an average of 10 to 15 years and up to $2 billion for new medicines to reach the market. That's mind-blowing!

You can read more about this deal here.

More pre-seed interesting stories:

🇺🇸 San Francisco-based Jamix emerges with $3 million pre-seed and model-agnostic enterprise AI assistant.

🇨🇦 Vancouver-based Sonus Microsystems raised $2.1 million for its remote ultrasound technology platform.

🇬🇧 London-based KLIQ gets €1.4 million to shift creators from content generation to business ownership.

🇺🇸 Reo.dev announces $1.2 million to help developer focused companies accelerate their sales.

SEED
Paris-based Sorella secures €5 million to further strenght its hybrid healthcare offering for female health

🇫🇷 Sorella, a French startup dedicated to women's health, raised €5 million in seed funding just a year after launching its first multidisciplinary health clinic. The round was led by impact investor blisce/, with Vorwerk Ventures also participating.

Sorella follows a “hybrid healthcare model” similar to US-based Tia. This means they offer both physical clinics and digital platforms to provide comprehensive healthcare services to women of all ages, from puberty to post-menopause.

You can read more about this deal here.

More seed interesting stories:

🇩🇪 Cologne-based Sunhat extends seed round to €5 million to further provide companies with sustainability data.

🇺🇸 Former Twitter engineers are building Particle, an AI-powered news reader, backed by a $4.4 million seed funding round.

🇬🇧 London-based Heat Geek secures €4.3 million to fuel a heat pump revolution in the UK.

🇬🇧 London-based Vitrue Health raises €3.7 million to digitally tackle neck and back pain at work.

🇬🇧 London-based KIT-AR bags €3.3 million to be the go-to platform for augmented workers.

🇬🇧 Manchester-based ESProfiler raises €3.2 million to help enterprises maximize their ROI on security investment.

🇨🇿 Prague-based Choice raises €2.3 million to help restaurants digitize their customer base and increase customer retention.

🇩🇪 Stuttgart-based software company Assemblio raises €2.1 million to create the future of assembly planning.

🇫🇷 Paris-based startup Bolero’s approach to music rights royalties attracts €2 million investment.

🇬🇧 London-based VR platform MOONHUB snaps €1.3 million to replicate real-world scenarios for immersive training.

SERIES A
Madrid-based fintech Embat raises €14.7 million Series A to fuel up next-gen treasury management

🇪🇸 Embat, a Spanish fintech focused on “real-time treasury management,” secured $16 million in a Series A round led by Creandum, with Samaipata, 4Founders, and Venture Friends also investing.

Founded in 2021 by Antonio Berga, Carlos Serrano, and Tomás Gil, the company is focused on transforming and optimizing processes for finance departments. The startup already serves 150 corporate clients across Europe, including notable names such as Playtomic, Cabify, Wallapop, and Fever.

You can learn more about this deal here.

More Series A interesting stories:

🇺🇸 Exodigo closes $105 million Series A to lead underground mapping revolution.

🇨🇦 Toronto-based startup Ideogram raises $80 million for AI image generation.

🇬🇧 London-based photo-sharing app Lapse closes €28 million to build a new kind of social media for Gen Z-ers.

🇫🇷 Paris-based cybertech Filigran raises €15 million Series A to expand its open source threat intelligence platform.

🇫🇷 Microsoft made a $16 million investment in Mistral AI.

🇩🇪 Hamburg-based Heyflow secures €14.7 million Series A to pioneer conversions on autopilot.

🇺🇸 Collov AI secures $10 million in Series A funding to revolutionize home furnishing with AI design technology.

SERIES B AND LATER
Munich-based RobCo, specializing in affordable robotics automation for SMEs, has raised $42.5 million

🇩🇪 Munich-based RobCo, specializing in affordable and integrated robotics automation for SMEs, has raised $42.5 million, bringing its total funding to over $60 million. The funding was led by Lightspeed, with Sequoia, Kindred, and Promus also participating.

In my opinion, it's a smart move for RobCo to focus on producing customizable robotic solutions for SMEs. While large companies have the resources to customize robots, small businesses do not… so there might exist a great market opportunity in this space.

You can read more about this deal here.

More Series B (and later) interesting stories:

🇺🇸 AI Robotics company Figure raises $675 million at $2.6B valuation from Microsoft, OpenAI, NVIDIA, Intel, Jeff Bezos, others.

🇺🇸 Geothermal startup Fervo Energy is tapping fresh $221 million round.

🇺🇸 AI-powered work assistant Glean grabs $200 million at $2.2B valuation.

🇩🇪 Frankfurt-based ENVIRIA secures €185 million to offer decentralized energy via rooftop solar at scale.

🇵🇹 Lisbon-based Powerdot bags €100 million to lead the way in the EV charging point operator market.

🇫🇷 Unseenlabs secures €85 million for maritime surveillance tech.

🇺🇸 Intenseye, which uses AI computer vision to enhance workplace safety, raises $64 million.

🇫🇷 Paris-based Photoroom bags €40 million Series B to launch next-gen AI photo-editing features for businesses.