Alan is now worth €5.5bn after raising another €480m, adding another European company to the continent’s growing list of multi-billion-euro businesses. The UK is putting €104m behind 10 first-time VC fund managers, while Helsinki-based CapMan announced the first close of its €750m Nordic Infrastructure III fund, giving it fresh capital to invest across the Nordics.
Let’s dive in.
💰 Funding rounds
Paris-based Alan raised €480m Series G at a €5.5bn valuation to expand internationally, pursue acquisitions, and invest in AI healthcare services. Read more here.
Leiden-based Leyden Labs raised €40m to advance its intranasal antibody platform targeting influenza, coronaviruses and other respiratory viruses. Read more here.
Berlin-based Almetra raised €16.3m Series A to expand its manufacturing intelligence platform and grow into the US. Read more here.
Vienna-based Talentir raised €4m Seed to expand its AI-powered payout platform for creators, freelancers and contractors. Read more here.
Barcelona-based Kalipso raised $3.2m to expand its regulatory compliance platform internationally. Read more here.
Sweden-based Wayout International raised €2.42m Series A extension to scale its decentralised drinking water infrastructure platform. Read more here.
🌱 Startup news
Judith Dada is joining Langdock as Co-CEO after backing the company from its pre-Seed round. Read more here.
📣 Fund news
Helsinki-based CapMan Infra announced the first close of its Nordic Infrastructure III fund, targeting €750m to invest in infrastructure across the Nordics. Read more here.
London-based Blue Lake VC secured backing from the British Business Bank as it closes in on its first fund supporting immigrant-led startups. Read more here.
British Business Bank committed €104m to support 10 first-time UK venture capital fund managers through its Investor Pathways Capital initiative. Read more here.
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