Despite the dip in VC funding across all industries, some startups still managed to score big cheques. In Europe, about 46 startups have received funding so far and we speculate more startups will be funded in the few days before the month ends.
The top takers for this month are Tissium, ANYbotics, Wingcopter, Sastrify, and Worldia, which got a total of €145 million in funding.
Paris-based medtech startup Tissium is the biggest taker in Europe with €50 million raised in a Series D funding round. Founded in 2013, Tissium hopes to solve one of the biggest challenges in medicine which is the reconstruction of damaged tissues with the help of its biomorphic programmable polymer.
Tissium plans to use all of its €50 million to bolster the company’s development plans and fund the commercialization of its first products in nerve and hernia repair and the extension of its pipeline of products and platform.
“With the closing of our Series D financing round, TISSIUM is well-positioned to finance the commercialization of its first products. This funding significantly bolsters our ability to move with speed toward our goal of enhancing tissue reconstruction for patients. We look forward to continuing our work to bring innovation in the space and develop products that make a difference in patients’ lives.” Christophe Bancel, CEO of TISSIUM
Swiss robotics pioneer ANYbotics is among the big takers this month after it secured €50 million series B funding. The leading investors were Walden Catalyst and NGP Capital.
ANYbotics has seen the demand for its robotic solutions in heavy industries surge as its robot platform ANYmal continues to build strong traction in the international market, with pre-orders and reservations up to the tune of €150 million.
The funding will be used to leverage the company’s recent success and drive growth in the international market by developing even more capabilities with the help of AI.
“This funding validates our unique approach to addressing fundamental challenges of operating complex industrial facilities. Our legged robots have already proven their value in increasing productivity and safety.”, says Dr. Péter Fankhauser, Co-Founder and CEO of ANYbotics.
German drone company Wingcopter will be ramping up production of its electric drone, the Wingcopter 198 model with EIB’s €40 million investment. Wingcopter has established itself as Europe’s leader and pioneer in unmanned delivery drone technology.
The company’s drones are already in use on small-scale commercial and humanitarian projects like the delivery of medical supplies to rural communities in Malawi. The fund is backed by InvestEU as part of a bigger agenda to reduce carbon footprint and facilitate the transition to a green and sustainable economy.
Sastrify and Worldia are among the big five takers in this month’s funding rounds. Both companies were able to secure Series B funding earmarked for global expansion. Fueling this move is the rise in demand for their services and increasing customer satisfaction.
Our hundreds of customers around the world have validated our platform as the comprehensive SaaS procurement solution. We’re positioned to grow our team, and continue to work with companies to focus and accelerate their efforts to reduce their risk, save hours per week, and save up to seven figures on their SaaS costs.
Sven Lackinger, CEO and co-founder at Sastrify
Thanks to this new round of funding, we are excited to continue our mission of transforming the travel industry and unlocking new possibilities for both travel professionals and consumers. We’re ready to make our game-changing technology available on a global scale, allowing us to empower even more travel distributors with a connected trip experience. Our post-COVID growth has shown that we are offering what customers are expecting, making the whole travel experience seamless and enjoyable. We are confident that we can make a real impact in the industry and we look forward to the journey ahead.
Grégoire Pasquet, CEO and co-founder at Worldia
Laced, Sticky, Instruqt, Aibidia, Prewave, Viceversa, and SPREAD are worth the mention as they all capped at least €10 million in funding this month. See the full list below;
Laced (€11.3 million)
Sastrify (€30 million)
Tissium (€50 million)
Cybervadis (€7 million)
Minoa (€2.5 million)
Twirl (€2.3 million)
AI SaaS (€1.8 million)
CeleBreak (€1.1 million)
Liceo de Farmacia (€500K)
Sunhat (€2 million)
Faks (€5 million)
Proofminder (€400K)
TidalSense (€8.6 million)
Oneday (€5.7 million)
Anotherblock (€4 million)
ANYbotics (€50 million)
Hotel Manager (€3.6 million)
Sticky (€17 million)
Aibidia (€13 million)
ingarden (€500K)
EWOR (€3.2 million)
Worldia (€25 million)
Freshsound (€2 million)
EnduroSat (€9 million)
Wingcopter (€40 million)
Voltfang (€5 million)
Fermify (€5 million)
Improvin (€3.5 million)
Equip (€2 million)
Prewave (€18 million)
Viceversa (€10 million)
Instruqt (€15 million)
TastyUrban (€1.5 million)
Green-Got (€5 million)
Kertos (€4 million)
Viatu (€1 million)
SPREAD (€14.6 million)
Keybotic (€3 million)
Prematch (€2.4 million)
Biolytica (€5.34 million)
The top funding recipients this month include Tissium (€50 million), ANYbotics (€50 million), Wingcopter (€40 million), Sastrify (€30 million), and Worldia (€25 million). Collectively, these startups raised €145 million and represent sectors like medtech, robotics, drone technology, SaaS procurement, and travel technology.
Tissium is a Paris-based medtech startup specializing in biomorphic programmable polymers for tissue reconstruction. The Series D funding of €50 million will support the commercialization of its first products, focused on nerve and hernia repair, and fuel R&D efforts to extend its product pipeline.
ANYbotics, a Swiss robotics company, develops robotic solutions for industries, including its flagship legged robot platform, ANYmal. It secured €50 million in Series B funding to drive international growth, advance its AI capabilities, and meet the growing demand for industrial automation.
German drone company Wingcopter received €40 million from the European Investment Bank (EIB) to increase production of its Wingcopter 198 electric drone. The investment aligns with the EU's green economy goals and supports the expansion of drone delivery services for humanitarian and commercial projects.
Key industries with notable funding this month include medtech, robotics, drone technology, SaaS procurement, travel technology, AI, and cleantech. Startups in these industries are leveraging funding for global expansion, commercialization, and sustainable growth initiatives.
Sastrify offers a comprehensive SaaS procurement solution that helps businesses manage and reduce software costs by up to seven figures. The €30 million Series B funding will allow Sastrify to scale operations globally, enhance its platform, and expand its customer base.
Worldia focuses on transforming the travel industry by offering "connected trip" technology that enhances travel planning and distribution. The €25 million Series B funding will accelerate global expansion, enabling Worldia to provide seamless, customer-focused travel experiences.
Key trends include the dominance of AI, with AI-related companies representing 37% of global deals, a focus on sustainability and cleantech, and increased corporate venture capital activity. Despite a cautious funding environment, sectors like healthcare, IT, and renewable energy are seeing continued interest.
ANYbotics has experienced a surge in demand for robotics in heavy industries due to its legged robot platform, ANYmal. The company has secured pre-orders amounting to €150 million, allowing it to capitalize on productivity and safety improvements for complex industrial operations.
Startups are navigating increased investor caution due to macroeconomic conditions. With heightened competition, startups must demonstrate strong leadership, clear product-market fit, and customer-centric solutions to stand out. Despite these challenges, sectors like AI and healthcare continue to attract significant capital.