These European tech startups raised the 10 biggest funding rounds of Q3 2024: 6 of them are now hiring

These European tech startups raised the 10 biggest funding rounds of Q3 2024: 6 of them are now hiring

HQ: Munich

Funding raised: €450M 

Hiring: Yes| Click here

Helsing was founded to protect democratic values and open societies, emphasising the importance of freedom of expression and identity. 

Recognising that modern defence challenges are primarily software-related, Helsing develops advanced architectures and AI algorithms to safeguard societies. 

By collaborating with governments and industry partners, Helsing enhances existing hardware capabilities and has earned the trust of several government contracts.

Since its founding in 2021, Helsing has been active in Ukraine and recently formed the Defence Manufacturers Alliance with the Ukrainian government. 

The company has also secured several government contracts, including upgrades to the German Eurofighter Electronic Warfare system, AI infrastructure for the Future Combat Air System (FCAS), and various classified maritime and land contracts.

Image credits: HR Path
HR Path

Founder/s: Cyril Courtin and Francois Boulet

HQ: Paris

Funding raised: €500M

Hiring: Yes| Click here

HR Path is a Human Resources company that supports companies for which the human experience is essential to their digital transformation.

Advise, Implement, and Run are the 3 business lines of HR Path that contribute to our customers’ corporate HR performance.

It offers HR strategy consulting (Advise) through the implementation of software solutions (Implement) to payroll outsourcing (Run).

The company aims to continue its expansion and expand its value proposition in all countries of the world, especially in the 19 countries where it is already present.

Image credit: Fundu
Fundu

CEO: Lasse Vuola

HQ: Helsinki

Funding raised: €200M

Hiring: No

Fundu aims to provide flexible and competitive financing for Finnish small and medium-sized enterprises (SMEs).

Since its establishment in 2014, Fundu claims to have become a trusted financing partner, offering tailored, unsecured loan-based financing to meet the needs of these businesses.

The company secured a €200M loan financing arrangement from London-based Pollen Street Capital. 

The partnership with Pollen Street Capital enhances Fundu’s operational capacity and strengthens its position as a primary financing source for Finnish SMEs, contributing to the growth and development of the country’s financial sector.

Image credits: EGYM
EGYM

CEO: Philipp Roesch-Schlanderer

Funding raised: €200M

Hiring: Yes| Click here

EGYM is a smart fitness startup that provides fitness and health facilities with intelligent workout solutions.

The company offers gym operators the “new age” of smart, integrated strength equipment and data-enabled tools to engage with, train, and retain members through AI-developed personalized workouts, health metrics tracking, and interconnectivity across a member’s activities and workouts in any fitness club.

EGYM has driven rapid and profitable growth in Europe and aims to transform the US fitness market.

Image credits: Flo Health
Flo Health

CEO: Dmitry Gurski

HQ: London

Funding raised: €182M

Hiring: Yes| Click here

Flo Health is on a mission to build a better future for female health.

The company aims to support women at every stage of their health journey, from menstruation to conception, pregnancy, and menopause.

With over 120 doctors and health experts, Flo’s all-in-one platform offers curated cycle and ovulation tracking.

Users can monitor over 70 symptoms and access various features designed to enhance their understanding and management of their health.

Flo also provides users with tailored health insights, expert tips, daily bite-sized visual content, and access to a private digital discussion community focused on health and wellness-related topics.

Image credit: Alan
Alan

Founder/s: Jean-Charles Samuelian and Charles Gorintin

HQ: Paris

Funding raised: €173M

Hiring: No

Alan is a health insurance company that gives access to Alan Clinic for healthcare and Alan Mind for mental well-being.

The French company’s services include personalised prevention plans, a virtual clinic, and an online optical center.

The company uses technology to simplify access to care, with an average response time of two minutes and processes 80 per cent of reimbursements in under an hour.

With 600 employees, the company currently serves over 650,000 members and 23,000 businesses across France, Spain, and Belgium. They are also projected to reach €450M in annual recurring revenues by 2024.

Image credits: Techmet
Techmet

Founder/s: Brian Menell

HQ: Dublin

Funding raised: €162M

Hiring: No

TechMet is an investment company focused on building businesses across the critical minerals value chain, from extraction and processing to refining and recycling.

Since its inception, TechMet has invested more than $450M into critical minerals projects in its existing portfolio of assets across North and South America, Europe, and Africa, including — Brazilian Nickel, Cornish Lithium, EnergySource Minerals, US Vanadium, Trinity Metals, Xerion Advanced Battery Corp, TechMet-Mercuria, Rainbow Rare Earths, REEtec, and Momentum Technologies.

Image credit: Lockall
Lockall

Co-founder: Alexis de l’Épine

HQ: Paris

Funding raised: €155M 

Hiring: No

Lockall specialises in providing flexible storage solutions for individuals and businesses in Île-de-France.

Lockall offers a variety of storage boxes ranging from 0.5 to 150 m², with no commitments or security deposits required.

The storage spaces are designed for easy access, featuring parking and unloading areas along with handling tools.

Security is ensured through internal encrypted digital key technology.

The company operates facilities in busy areas such as the 8th and 13th arrondissements of Paris or in Suresnes in Hauts-de-Seine.

Image credits: CatalYm
CatalYm

CEO: Phil L’Huillier

HQ: Munich

Funding raised: €135M

Hiring: Yes| Click here

CatalYm is developing GDF-15 as a safe and effective cancer therapy for solid tumors.

The company’s lead antibody — Visugromab is a humanised monoclonal antibody engineered to neutralize the tumor-produced Growth Differentiation Factor-15 (GDF-15), which acts as a key regulator of immune resistance to cancer therapies. 

CatalYm is advancing to Phase 2b studies to confirm Visugromab as a new cancer immunotherapy.

Image credit: Nearfield Instruments
Nearfield Instruments

Founder/s: Hamed Sadeghian and Roland van Vliet

HQ: Rotterdam

Funding raised: €135M

Hiring: Yes| Click here

Nearfield Instruments, a spin-off of the Dutch research institute TNO, addresses the complexities of advanced semiconductor manufacturing with process control solutions, including the QUADRA 3D metrology system. 

QUADRA offers non-destructive, high-throughput, high-resolution metrology capabilities and is validated and deployed in high-volume manufacturing by major chip manufacturers worldwide.

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=66fd23d29e024dcf9201cf651ad94f39&url=https%3A%2F%2Fsiliconcanals.com%2Feuropean-tech-startups-funding-rounds-q3-2024%2F&c=5010654695794460639&mkt=de-de

Author :

Publish date : 2024-10-02 03:39:00

Copyright for syndicated content belongs to the linked Source.

Exit mobile version