In Europe’s daily deals we bring you a roundup of the startup fundraises happening on the continent, as they happen. Today, Dutch climate tech Battolyser Systems tops the chart with a €30m Series A, followed by €20m in debt funding for Danish foodtech Matr Foods.
We’ll be posting an article like this every weekday, covering the most eye-catching rounds we’ve seen, starting from €1m. If you have news to share, please email news@sifted.eu with a clear embargo.
Today's startup deals:
Schiedam, Netherlands-based Battolyser Systems, which is developing hydrogen electrolysers, raised €30m in Series A funding from Global Cleantech Capital, Innovation Industries and Invest-NL.
Copenhagen-based Matr Foods, which makes plant-based meat alternatives, raised €20m in debt funding from the European Investment Bank (EIB).
- There have been a number of raises this year for plant-based meat companies in Europe. Among them, Spain-based Heura Foods’s €40m Series B and UK-based THIS’s £20m Series C.
Turin, Italy-based Tau Group, which creates technologies for the electrification of mobility, raised €11m in Series B extension funding. CDP Venture Capital and Santander Alternative Investments led the round.
- It's the 21st equity deal CDP Venture Capital has done so far this year, according to Sifted data, which also shows Santander as top for Series B+ deal count in Q3 so far.
Oxford, UK-based Purple Transform, which uses AI data analytics business to identify and prevent incidents like theft and trespassing on railway lines, raised £4.5m in funding. Mercia Ventures led the round and was joined by Sure Valley Ventures.
Stockholm-based Wingbits, a community driven flight tracking network, raised $3.5m in funding. Borderless Capital and Tribe Capital led the round and were joined by Antler.
