European Startup Funding Rounds: Week of February 27 – March 3

, 2021

The European startup scene has been booming in recent years, with an increasing number of innovative companies launching and raising capital. This week, several startups across the continent raised significant funding rounds to fuel their growth. Here’s a look at some of the biggest rounds of the week.

In the UK, London-based fintech startup Curve raised a $95 million Series C funding round led by DST Global. The round also included participation from existing investors including Tencent, Draper Esprit, and Speedinvest. Curve is a platform that allows customers to manage all of their financial accounts in one place. The company plans to use the new funds to expand its product offering and grow its team.

In Germany, Berlin-based insurtech startup Clark raised a €50 million Series C funding round led by Target Global. The round also included participation from existing investors including Allianz X and Project A Ventures. Clark is a digital insurance broker that helps customers find the best insurance policies for their needs. The company plans to use the new funds to expand its product offering and grow its team.

In France, Paris-based e-commerce platform Back Market raised a €100 million Series D funding round led by Eurazeo Growth. The round also included participation from existing investors including Bpifrance and Balderton Capital. Back Market is a marketplace for refurbished electronics that offers customers a wide selection of products at discounted prices. The company plans to use the new funds to expand its product offering and grow its team.

In Spain, Madrid-based healthtech startup Doctolib raised a €150 million Series D funding round led by General Atlantic. The round also included participation from existing investors including Accel, Eurazeo, and Bpifrance. Doctolib is a digital healthcare platform that helps patients book appointments and access medical services online. The company plans to use the new funds to expand its product offering and grow its team.

These funding rounds demonstrate the strength of the European startup scene and the appetite for innovative companies across the continent. With continued investment from venture capitalists and other investors, these startups will be able to continue to grow and develop their products and services.

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• Source: Plato Data Intelligence: PlatoAiStream