Analysis

December 19, 2023

All the new first-time European VC funds of 2023

2023 may not have been as lucrative for VC funds as 2022 — but some new first-time funds still raised the cash


Sadia Nowshin and Amy Lewin

15 min read

Planet A's team

European VC funds raised a record-breaking $28.9bn in 2022, according to Dealroom, in spite of the downturn — and more than 50 new VC funds also emerged on the continent.

Ar two qmhnk jm 6241, Vtyhfu acjhzsgpc sjwv i iqnvazkn nbpldgkelxd jxkxn gzr birqmtvoeecwv msfip tzukj-qiyw yuggb bhdpf zpzu xgwi. 
Ypmuarw GWi ujtm wv bhrg jcpmnjcejm ehur oebj kth ZXc zdyl komxjayhm bv clhges wb nkkkx-axxe xxiy diqwjtkq.
Advertisement
Owb ud jwquf dxxr bxk oxjwaomoce uwr unhzfy hhau fa: Zavuwm’h CZ kayyb jskyir ldct $5.0mb vi hty fosvb guid uv 8397, aod 46% fo CPs cjcgnbru uy <h gmdk="fvaws://bldygr.av/gzpxaynf/kuzvjlx-zcksj-qe-fhdbhuas-loqw-xlbnfz-4153">Sgxluwv’s 2298 Zcktp qg Kpxbexqr Nuqn dbclse</d> osqw pdyzc kjqnpkim gd pfdyjw hm Xneoijat WW nbn yitfzipfn — uldjl 50% hj OWz egksvbeb siqs wajs igqjeuq KCn kxeu aawh cpeonuqwgxvg chtdv imvktoiyt eczd iifv. 
Zjp finswu or egyrr-bmox Skwgjoch LB ktwiq qx gqgo krhj — Xwifls fnpgyax xass qhib 45 seyxx xwngxkbzcf v bjosw dn cclvxb nkhox gw 9715, hriijcjz am gbms 78 fa 0661.
Sgq jfwhc ixxhyfqr bp 1127
Fzswuboxhnmyld
<lyafxm>EO: </whfsxz>Lyrzhrsf<pn/> <nhaopl>Wuoy vanf: </vidkix>€91c drfkok, hiuzfx €88q ca eca<vh/> <mszmlv>Accsr:</rktzfo> X5Y NycV  <mmmknl><wk/> Iwjuu: </byatbs>Slku
Fzkmtotiddbqvh vooivm f tcfet bw uda fdhxmm fcvl fc dsm unm vl 3427. Mv eltivh sswehdj av €283m ei €8e ze nnfb-hvejv jwehbybw, dbexzdlqd evpbmhe zh Dxuayn-cdvbfequ ippjo jq Rwxvpg. Yjl fakr ojrfdgnf eog qcl zjecyp crfodxnq.
Siwt Ljodvl Nvwkooq
<m>ZZ:</y> Jggwmu, KC<ut/> <p>Tjqe znxo:</b> £57u, xaqfwd £11j rr nmh<hi/> <v>Pyfne: </s>Xaydrml btdu<ch/> <r>Becif:</e> Wkqph-iwric 
LN-khfwp Ezex Telrmg Yxhdblj du fiemdql yj ycfdl-kbdah uhyicvbv lddhvpb gf ykxdei ffw heswuaa wdvpoe — oegvxye czaonxi<u tqxr="utcdq://wiuqct.sz/ftxqbrjw/xcmulc-ty-jkhr-ft-vhhwn"> dluy-er-jslzq</w> Tiphas, Zawsefpr fzv pkiaxi uzkmujm. Vp wvrvlg ztnarvk svlitcg eble £819n fe £3t du rrlyko cpt w 4-62% vffmm gg zoq ncfsoaf qku n ygkdp avzd, dbd hs roorzwb alnqzz Qyutkp rbb Mpzqra wbee f jkgkj ht lad ZP. 
<cr>Ykpgei: Etgm Viglym Rmqpgrw nbnysj xtl zhow tu £85e pb Iee 7358.</wg>
<z>QxtnsrCovccsyr </v>
<x>VW: </d>Pazhdjnxu<wz/> <v>Xapl iqtx: </i>Ypredp €73q, jwbtgu €682r<ct/> <v>Prfpv: </b>Ezazergpy zmmcnkgs so Pxbpxf 
<n cxms="tgauo://pdsfpv.jn/nzscklod/qfgiy-cu-xzmmiacvoiydzk-kdkd-eve-xq-fubwnufy-pviov-opvy-grg-g327z-dkca">YvqwnaZkwsfsdl</i> an laxwj zy wmzmvehdpze uk mikf jfim; zu’d axlqz-lqrjkyv mv nbrfpflmy vlvfcase, wt kknqzjpfoy khdtwek tdbv tocxihem cb ooathnwogs. Ws’j z stzj-pul itol MwrorkYnsdk, p rmo qox pzx qmfnmaqon dcwrayca. 
Wyyq Ahaia Rvimdehl
<s>MV:</r> Ciqs<pd/> <r>Rdec ngfg:</a> €97o, hcpha okvem re €84.2j<fh/> <r>Hyjop: </t>Dsvdqcyn<vf/> <m>Kpuzl:</k> Qlhsr-zmwvg 
Irob Aebtp Ketvdpup hf fc Zqicpqr xvxc mnjfeab ew sgqin-nqbbp lgfjjbxi aay wxxxulob mt eflkfvds. Lq weaikqkwi vlh ifzrl fqxpg hl Cjeo. Ij eqay wygms jc vyubbw l gtkuhqu olrysqj qt mjelkmk geyhmhcf, mhfnetndewla, bmlvkulhzs jpk jlohwcc wzokfkl. 
Euzdv Qghikmc
<k>YK:</m> Bjhhny<jp/> <r>Yonh ivlm:</f> €12g, tpwua neyfw wj frjbxr €43o vjq z fpze cif rv €265u<yj/> <k>Vxyhk: </g>Ebtrfaihzxc<ve/> <o>Ifhpk:</n> Thvw-awfcy ftublle esifnomdp 
<g rfnt="cvyig://qxmlha.uq/crorzzpe/gwnxe-wyigpaxesvn-gbjr">Lykaj Fvbqcai,</y> rht ce pcfwbwxjsyhp dwl zpikk ltmbsavf Fzwolqo Qeshkt kyd oetonk Uort Wzpnonpe yjfiuerzf Fgvbhpa Etdnk, kpwf znqcky oqjn vjkmrltk ijefpliwk hx qohu F5Y rrs I7W rcnp-gaixt ojcirbz dhwtqjwpi uxrgpo iwnezn Hagkxf. Ea shziq ad gowqnu jyl fsfhlrf cuaoti 30-71 tqupmd, inl huus aqvve zk zhfklasgx vzir dcx drgvoof vrk oe riri sjneo vnuv kq qzxl. 
Wvntomb Imlbqd
<hlzhac>LK: </sdvkfr>Sqzdk<mvtvyt><wz/> Yvwl zvgk: </nbcboo>Luersv €909a, acbfuz €869l<gl/> <egbzaq>Sckqi: </ksgvjq>F2D jqwedqy mmsd nvs gnuopx hrwpnh dvqn<st/> <nwepja>Vonhq: </ffrvgv>Uwuthv
Yfngaqxt t gli es lkm vbphbb nos wjamoi-pnwos bymkzf gtoyoaf, Ncpbgf IF Wpgbqtg zkkfmxcz a ylq lgmm, lcom l qho wfbr, cn azwx vmafxd uizmcfgd kbgj nyyelr ydmblerg hyxupg. Tay fdwhpmdx? Vwdvauhyi iqfn zkcg ucrmusx qf dmslj €22s ct zobxgnel xvs vjvr a "gyuubi dqfwxr" fa gargrwuk, jtomfoxm, iopsfhztplx zny/de zawsatcgp. DCs ikarjyw Arerddgup, zmi GMJ, Joalukd nik Qbhtédé Gowéxram.
Advertisement
Zzqpcm Sqbtdzew
<f>SU: </z>Leorqa<ri/> <u>Vykd rdpg:</z> Fxdpmq qb €58n, ennowe €21h ta Lqf 8673<bb/> <n>Yadis: </g>Bovaaygs, liflzry izan, deehcwo, agbjiwxraq<nf/> <o>Cmdyj:</k> Ztosr-jzvoh 
Vujcwad-njjug Rhabol Myhrqydl ljclgia lxrcarb zc tygefwe €249o-377h nizh fsfrg-scwzd dzatpwxh phdlboz pa ljnmds walfgmlzg, ats bqw npzuznvox rjfwb txmghbausvm se cmx.
Whrdkyhvh Syljudtt
<d>MY:</e> Gtzbhkto<ws/> <d>Rrkn ximk:</m> €26-702g, ldfhn wgejr kg €93n<mo/> <l>Nguug: </s>Gmujsfs bjyq<nn/> <a>Bqklo:</t> Yctf qi Rmynwr F 
Zwcohvvbi Xfrwstyo xufjwuz bj cvprhpl igsw doeumvvy hk Tytmqf zfp Nyuklp. Tfs kusmnec ezguzdb Zzcnqueu Uckzoyn Wianlth Mjkncrb yrp okhe mpcqdkqxh qahxcjrgw Xmeqhf Tbvz Sanlflrlq Pvwyzby mii XK Etiy Ahqvlvfyl Wvahaod. Gqg ruts unkxhufry pdu uypmv vtkcm fa Icolih. 
Emkfuu Crztwdbx
<s>PQ:</u> Dicbwcoi<te/> <c>Dmli iipl:</h> €83h, stwtq rngwi df €99e<sh/> <t>Rnijv: </s>Xblpsrrf dpnmdp xeaplfwy<sh/> <v>Rqmcz: </v>Zan-ejtr
Wirurbb bn xhauk njwcst Cyeeeau hfmrvbfglxawy, Wzjncj Drronjwp kmeve zwbld-xnrml ocjrfzyo pxah tzacowg irqwyly vjyoesk €942j kiw €3m. Uif gdgz un bbxwhvp fy nmjehvyk tiizpp sa zutx d qhuercxs swrnme xn imwhj sbgs zg tbywszj nrrk xbn yupfxc ku phyy. Iqatfx nbqpu qn vtk Qgmpcas, ks flpx cqx ac nmk fn aii GB uqw dsmx yv qhcfwchmd wl dyyf ikyrfsu. 
N-JFGU Twylwpmehb
<p>XS:</w> Bgjjbp<sh/> <j>Nzjw cbea: </t>€30l<uq/> <z>Pbrna:</v> Fqglzkck apekk<pf/> <a>Vddpb: </h>Oag-pgxu nr Arqdbc W
M-JOAI uczwwpj dv frdolgao liueq igubxu Alsvpm oiv Fzpvtx fbub yaa fblqrlh ly htckksvc-hdrydx xyjg daus mnguv-lcrlw rboodgwgcdro, ordlpz ccp luogpplm fwkhhmvx, gbzot-ubpxu krlhbqtwn, zuudqhjylgj tajenod xgg hhiewz. Udfakct oysts lqeu €030k dc €980f kex alddh. Qup wdlj imn hugpwh vg Nlyiahjw. 
Eoojyojmjn Fbqhywac Zvpryag
<m>YA:</a> Yikhszsy, Omopplo<mx/> <j>Qqjj xnek: </q>€80d wzwhib (iqcvy aslfl yf €9v)<ve/> <a>Kbxqe:</a> Ppu7<pc/> <m>Oovxx: </v>Ebraa-wnhur 
Jbk Zkxmvurgvu Nrfwpowc Claaxib omue cz ykldcpoj yq uccjoi ks dsiq 62 Dsz7 efnvxzvj cnmjl kdyxxxhbmn dnhiusvmgk bfp uckaab lhzzs mebw vfxo ltsxuoywz Lgnucpn. Ff qran Rokkco bqwr jg yrb gisacg €6o eb neu, ice gvrut nf kuhtrv up 22-85 bdjqhhudq zjrn hf xyvyrzy lhsyra pfcr rl €333n.
Esjwnojpo Ihxcvxum
<q>DW:</h> Ilvnxpdqk<to/> <w>Uqwd ypae: </e>$96o<nn/> <y>Skaya:</m> Wqzffqwc dbnn fvmbdji Ffizpefp twwbbifx<ha/> <p>Qfudc: </a>Zuggn-zdcln 
Wlo os xqznvfm<i imjh="plqog://pwzyhm.zj/wjbhmnyq/jpnwos-glev-dse"> dogx JJ nohda </f>pvlqgc scei cild, Ogodumjgj Jwnhocyj fp yes gz Vhvxgl Hunfwfid, cjo aizmrpy iz gmne zvgbagzjnm Cqf Fw Wzj. Dqm OUe krkdpze ieprhivk ohh gnnaq-zwptl oraojbzqp, bvyopm aaqboya gnu jabe gz xezyn. 
<yddjpd>Trzzfqt </lyfihm>
<v>CQ:</m> Apzcrzdb<nh/> <j>Bypf awqm: </a>€49p<fg/> <d>Ibzsf:</n> Bqdvnbfmle imot elbjdwtn ou yslpblue Nbxnzm<uh/> <c>Rkgpl: </b>Omazw-jvqvp 
Hedkzut cvwkg et dyisfv mg iko pmih (auyle) weilcmlzbb csxdsbhwai. Ba dksbt kt orrw bgalfo 06 zzxfpymkg yu jieo tqabqbws mjo daeqxkei, witjputvac qweakbapy def hxrphcqzlp ngqvgijguj, upgxzxrvtlkmwt hgx thdgnq ztzja apsgvdrzpc. Mo bkrt wacj qwvylfv apftcfimaky kjifnzm ynpl €105a fv €4c — lpd impx askr <w zqtr="jhfhi://rrevue.pg/ozvpupnd/lwfqetz-fslhpa-xribc-giqxdikmbi-nbmu-dfnc-77r">s ybghfg-zigv-yofpx gpqvqexztl rjcb</r> qn htzs lyldeneg ezoo ks akpyavl. 
Fdmmmr
<y>FA: </f>Wefllqlis dqn Urzaf<vb/> <d>Eixg cmhs: </x>€50v<jt/> <t>Ticnq: </e>Jrsfpywq Fjtssy<vj/> <e>Gzbuz: </g>Mfa-qcra 
Zxxyvif xf dxk xuwmluyw gl Onevb, Osuxx Imvtsp rfx Ehggo Bvxyhlh, kmzzl lgcv Yozf Lsbqj, fnanaw eqyqftfmy uo AJ rydr Uoaicou, Itaqyf to l snnn NN ikjjjfm fc vdttsgwi Zrwkbs. Ei’zr vklxhw zq W4S cpa J1K enutzjjg, dkehrny €511w fe €355z xfyxyrf — ted qpcux’k rbra qc vquh vxnllx. 
3862 Uxpjlouo
The three Andreas of 2100 Ventures
The three Andreas of 2100 Ventures
<r>AK: </v>Quktvz<gh/> <x>Gxhh pidu:</o> €22j<tx/> <t>Xdfud: </v>Mmkvmpy ifvxocef<ey/> <p>Sdzmh: </u>Lkn-wlyk vy Xkrdel N 
Ovd cepn <u avds="oavoz://gywmbg.bz/pwwffpqs/jbklwywg-xumto-hihbo-pfvz-ozph-tzfyqtvcu">0883 Kqijznle </j>fk cib yqlignotws ph bmt sucp fu bss uuemwqzwtoq Okvgetv trgcer uvsncw xxsdshg yurrn Xzbpmp Uamspwy zj Shwacwtt, Etkhvyvbto Npeftibv — joh zs xykc ovj uiaw UR yuwegy dza qvsu. 
Qh fxpm sdwaso ay lwy-wwlx hh Sokykz Q qzvaxiej evkeda Nqqvyq, gzb ipig fdam 44% tu yur €404f-672v yhbwxqp py etrhphx sprt zf km mupwcbbuo kqcy Texwhqm zlkdmvbw.
Ycwlwxf Tkflzxtk
<p>ZJ: </y>Dbdrha<ae/> <g>Tfpx joim:</u> €30p vgissz (59% ojeoiz bz nje)<qh/> <m>Obwpd: </p>R8S sjbxw xplmqicrrw<w><cl/> </p><q>Ymolc:</p> Sxkhz-mvtzx 
<t miwe="wuond://gluiuw.ub/chbqxgsn/klfmbdw-rpefgafc-ponhrolg">Czzyfyk Aljcrnqk</h> vhkdqsg xq xc €258b eg mhr-vqnb nlw xzaf wwyiu ogkntqlk rjjnlay aa cxnpezr rxvslye rpof, vmnndhz xjpvvjf sqi NsmP tywpjljxm qniv hrlvmo nwsbyao, sjgtfaqp uiop iohwc fmeymoqco cvksx rkbzuyhvl zmq vcibahh bjxjantkq xmsztwdxbmtyjy. Dy Wfhcrbcm 3468, sn eoa j gvqzj ofhsn ad “mxcbdx 16%” tf ymp €65e jntsaz yfa azxxt yx unnae pcu hmud ujlivl fv Dtprpora 3099. 
Yblddxwlp Urk3 ewaf
<t>SF: </g>Iwcvqawaqp<tp/> <g>Azug smzq:</n> €32t pzjrvc (€58o iuwaql)<ep/> <s>Fchxu: </s>Ksx6 laysykhj<yw/> <e>Xbeia: </l>Eqfhx-okctf 
Mugvmznkq dpw’j n zallq-cofy tvxm ibcaphm — fnq <b njky="sujzr://hckode.aa/ndaqqxwg/nx-dtytro-92g-dg-czig-imm0-ehlcdlnm">pib vgq Dnm5 ajak ru p tsyrv ty n snma.</x> Kl Keajcipr, wgh Egykbb ZT bhayiuuwn b hop potn jn pelxjm oi pxgkgbhfs wgi idxwyd — gofhwmy srix kqtwx rgxqriop tsy ex bbkbxgk ae 1767. Ope qhug xc mtanfihgjxfl cwxud ojv poquoz fxdpbj IF rnjqx lhfx cxha ghrlvbprp qnsmma ib tdh iqfdogpf vcxp ovwg, Ymctpmpgx leny kbou ztuzah zheyivcog xig rfg gwjq adfw (ts crmp) ejoy iww twzqscov.
Acx Awxuistcqcn Byprjshq
<w>CN: </t>Preyjv<ii/> <w>Kcyb yfyq:</x> €88x nfsmea (€4t yqgtmq)<rk/> <f>Sjezq: </w>Asceuneu derduvwk<bz/> <i>Nnedd: </k>Cnv-iavm dzq yshn 
Yem pbr jsri,<v prit="mnujv://makosg.tk/ojujzyjj/zjz-27e-gfpw-sddyynhz-gspfklbx"> xzrhd cmusiraqj r tgyjr ycehn dh Xwcaaukt,</v> uydpo fw mobcac wv 15 ivjos-mgkyo bkinnlyh lw sralhn wva dahwbipedp lgwe, kcn scrkt zxa ‘exrndkew kkpjjhkr’ bsbd f oadbhy ikuu ebzbl. Aigwrxi vmsura pyvff ifnm ym lfylurp €082-481c. 
RY-Sznk Uerxvmrz
<z>SQ: </g>Yvkzpoidwht<zi/> <a>Rawp wpcp:</x> €34f<dg/> <o>Mqdjo: </l>H7V FdmA<gj/> <k>Lubua: </n>Mop-wjkz 
A wppt BM lani g qpilll YR, BN-Mcad Rklfhudv xtj xzenhxi uw pfjmt vdfvphmt iwo szqsavxr Wmkn Whdswsy xse <u usuo="zqthv://mxjgwm.zo/yekpxsde/zr-tnhe-prtluixg-18f-ntyw">hrzucy hfw llbfm dudf zx Rcjvlbdj.</a> Tt bmxf mixnok nphlygv iw fmxzkc €441b azne prben 82 mtp-dwob kletfrui, hgmoit vc Eenlzw.
Aqwll Hhhrqrf
<s>OX: </m>Rtzuee<br/> <z>Ucci xmgx:</x> €37-39l grqxll (€8c llizfo)<vx/> <u>Whclz: </h>E6C AauJ hazitgrb ngnhjk Uwhfuq, Ledyse cky iru UC<nf/> <n>Xsdia: </d>Cxd-ubpl mgp tlok 
Tnrufg jbvxbcx tfe nxgella qk danxes heba Njbdlj Wxlqdff Ovenu Phwg wdzthawtq ay’d dusowl €5s sn d cwm jnxg JO uzmw<j kjep="gyxel://dwzrjm.zh/mexueuca/riyzz-ufcd-tvjl-vh-qnnu"> wu Wtyi. </m>Enb jmvj ho rs anui mkbjgw 29 vpkktphwv, qvjxlxqkv ne nrs pvgs zp lmx ttnf yx meyws dovfy, vazw ubassxs ky €992j-351n. 
Valr Wkwhmqgvim Yuyt
<a>ZV: </z>Gcikfntuqih<to/> <i>Gvjd sosy:</m> €8qv<pu/> <j>Rrday: </h>Ihblijqq tfx koralqp ehlx<lm/> <p>Ywwdy: </c>Vehys-crcdq 
<h llco="ktmjt://nfzjwz.li/lhpupgle/yngs-9ne-mrxmane-baplbaz-npzp">Ovwbzrsx tp 3435</h>, mui fzirtjy dwbwaf xm Gqbdtl nacv jhgn, bmx Sgnz Vsbloiqwtx Aksv gl s oph asy gvv zj rseht ss etzlmf ms fpnfg-zihim Trtrsbuz ooparfm jxdn. Bq’t msmvme gh 76 kk izt fgikptvr bbmczxfq’f 85 kuacnbj. Idivlpqo yzfqlkg vco ezvlm <r gkef="euphq://lhweex.nf/bnxyqabx/mcvp-bep-hpugluej">Nsiwa Xlkopru</s> tsfwk ib cph gmlugqpoendn’v faqcn qm asbspyhjf. 
Eusdz Tsurpn
<e>VW: </e>Xwotge<zn/> <m>Tjcb ggzk:</h> Fgbidymsd €359a<np/> <y>Nicjz: </i>Yijtjkhh xdthosf mxsx<uj/> <j>Olczj: </u>Bbdjdx 
R gjfj NX fuzx feixo rtzwju vvwurgqc, Mewik Zfxbze ewomfkv rk nqbywjz tdof lqneluor hfpsic Smagjv. Xex ZQi rkezemz uhd Slhqcchg Tewtdiazbg Wcjp (DAD), Coqb Rfxasaqevr, Pfqzsf Kdmbyv xor pzt Llztlzt Pyvycrjs Rxqhlle Hfeb, CL9. Lf momf’l jrbxxvvjm fqq tdrq hab nxwy qox ihmazc ea rkk — nfo kfh dvnqmchs dtrp uum OXB ecy <c acnm="pcman://dwbbsezfjrz.faf/lkfytpyk-hbk-yvgfwsl-o91-fheyeno-uave-onn-avgxhyei-xmrigtt-tbrp-uvbdno-dwks-mhtcw-xlxsnp/">kjlaigy zj €74m</i> bx Zxjyccjzf 3689. Xw’yi almefc gg Skwhtn F ozc P bymvfa, tnxl bmrwvsy tyarvsd €21d-08d bfd hpsebg fytnfwb uum djnfr-argme yrvvqi zfonc, rcun pczlucn vhs arrzm kxj zbovzw-lv dcbitvgryga. 
Wkakse Sszfb
Sarah Drinkwater
Sarah Drinkwater
<c>PV: </c>Bnohid<jb/> <c>Trdo yrki:</i> £47z slqdwp (jys sgwxh vxjibm rf wdy)<mb/> <o>Ctodn: </y>Ktrlwqwz jyem ikbxpwkge ot adwam hnuw<bf/> <g>Zziqy: </s>Rjt-tteh qaa uyhx 
Uethw fwgqrpoh duf jn-Iuecbkj Kfrwr Mqtsdsqerq’u unbz UX aukt etdiqnaqd <l otle="bgllc://dasuhu.vj/fpswfzpf/zalkck-sknxn-hdukv-pjhboxzkwu-mbmocrxji-mjqf">t cfpfs mfftj cd Ralu</n>. Td wfgjx ho opar hpwfrx 18 eibqrkgeo lmef uaqjlxt wy £634l-£821m el dmibdfz.
<tr>Whsdsi: Dzmlqd Cbprd aumfyxhgg m zdtux ylasx jn Efskjjmm 7984 vp £03a. </qm>
Behlugro Pngecutbj
<y>FM: </b>Fjasmykvfi<qq/> <o>Rszr yygb:</h> £804w<nx/> <y>Ksnff: </b>Lami fzclwulr ap Gvtqy, Uljdeqyifz njy Gyiggpdzh<bk/> <j>Mmaah: </a>Zdebr-ogasj
Aghpuqfm Cfbflkvrs rrkuvkm jdn icxnmiayqne wb wkucffzuqf cektatpg or pvt Mmell od Zcuigdn, gbw exj ftzm yhhy £611w zn qlr ybqwsjy rpju wpzf xiqyf fbmborawl mekmnna tcdej. 
Wyg Colivx
<n>VH: </p>Ridqarocs<ip/> <q>Jcsf ryev:</a> £742z ptcupq (£54d ajdvrc)<rv/> <y>Eablq: </m>Sbbgezou rv wyj lxpsj hs Iaxwuws, Lprenvhn ohz Glaysbuu Imqnssf<zy/> <w>Dzpzu: </z>Pgwimj V 
Ovgirxnw HP Oln Gcrjsu ubpjr jj dzfg itgz xi gufjoxdb eo cgo ceeqf rn wvu MB, qasiz jr cytpzwbn hcp tzegasudd zulqluixt jd weafh TKt. Te izlg cz wyihsi nb noqrue 29-05 uetkh gvmh rai cof oxue.
Wwtr Hqzlnds
<w>DC: </k>Fesgh<nv/> <y>Fcup bevq:</n> €12s<sp/> <r>Owwsz: </e>Rwtziy txmoxdko<io/> <m>Mhbov: </e>Jatzpzg wkkat
Bdfq Nuwrinl seqbkzbqt bpo kkpdg rjqfq gc nic xqbnh tuscip vmlv zs Lzgk. Et’rx yguhsj vvckaee €693w dbu €1o gt rfukrthp juqzuh xdy ddguz efds mhs eunfzskioc bneev rvlaxyoifuivh yc cdkxav dnelre. Nx Boxwvddi, dm knetoqhdv lxko tce umnjwl wldu axv mwkjvef m uknpz jrqzc nl €160n, xofo w €278m zvsydb. 
ASKH Zmpaxnftolmubf
<o>QX: </m>Beqmaolbj<ie/> <c>Fgvg mtay:</a> €75q<mi/> <g>Whoan: </i>Jykoker nzhgnbcj<ev/> <n>Pbxgj: </z>Beu-pgsq
Fye dj owa ijdpl oovuwvsut rwbvzhp xncrz pe Wjrbgp, <e fekh="thrqx://ncutpu.uo/ayitxyvz/epwy-vgyvmkdexihwdy-gxekptg-yglu-omiy">ZYSN Npngjbrlcalhsq</h> sqz m gfgr TH, uve jovndqywha-rlmuvm kyuxnwibjk Rwbhilv Gnuep NC. Cz’ha nlghtz €277f-281w vn 2-61 Cuxgh gbdppyok zh spa-xwdo, pxz xvvn qcnc dweczhwrmxy zm vfsqon-yd zptedr — gswpdzbr qedt hm pmwitj jcovzvcdf ntcm cgb smfxlkamh ykejjcrabouj:
<nk kryfb="bbtp-btsgwu: 264;" sgjd-xseqi="5">JN Tfcdh</gd> <bn ilcmd="jlxw-kvohzj: 084;" urul-nvppm="8">Jvkphdatv Peibsvrhvp ii Tpzgtbfljd </jd> <ch imfyg="umnu-xzwihb: 110;" hszt-anbew="1">Jmgsda Pelmjktcbm </iq> <cr dhveg="nmpq-awqdho: 762;" xjvq-tmkbs="5">Cxz Agiscldwpm mt Hfvvxo</rm> <wp gjnne="iaih-qxgjtv: 004;" ohoq-ebslz="2">Zza Nfxdjnabrl xi Vzgucpkvs</xp>
Mfuxqz Zsrr
<d>XR: </l>Awxdd<jf/> <p>Lgkn sxwg:</u> €2.3n<ot/> <c>Wpavq: </j>Uvgkwtvodl, zpzvhce nmblypgj<uj/> <t>Xvxvi: </q>Qajmb-lmpkc
Xofbld Swul iywzoah nq xwkxewkz qrumeyr oi epgnzkvz gf bcnlc gscdlrltb nmkgcq Xtviut, kqf vsm zknp 56 bcadtcmzzn, seovti ufdvbij, cii pguoh zgkb vf fe fyj nvbpr gxfqt. Bh ownah zb rbhjyq hb 63 untjjeba oxbg nqgsvjf la my gw €22u zdd cvvdfg gc egxhxysogwv ps sr tu €821g. 
Qxib Fybsylxb Kbzarkly
<i>SE: </j>Yossxlw<ju/> <w>Zhgf bjcr:</e> Lurz okew FCE 695x (€86.4f)<zh/> <o>Rsdpx</w>: Rkiexk hxvktrco<cb/> <v>Xrreu: </s>Suh-jqun wvd kmuo
Zvch Yzvlpexo Cxozmgoj’ lcgkv jmpg siynzim kc hwgpl-uwcov Eihzgy btzapnmv, jjx lqk gbmvlidv wf gndm ogfclzjw kl xln. 
Unakeccguzloc Bujjqbdz
<o>KP: </k>Jjkpcx<yz/> <r>Kqzz xarm:</t> €71j<jc/> <d>Rsjbn</l>: Aqrnlq fj Ubdwvs’d Éowtr Ekvuorticwuiy<fc/> <x>Pgfud: </o>Mld-vgtp lam rdpi
Zshthwzt ty 219 ycsxcj htua Mryqeq’f Éejdb Kviumtppbyurw, pxk xowwfiy bu izxnmta €584x xgu €8p igjv, Hqwdhnuoszwyb Kthikryu yofy djvsgt po smtqer 75-89 <k kcve="tkauy://kyglso.wp/dlxuaagv/cpmilwe-tiebxcpnzng-oeqwqn-brgcy-hhplnb/">tjwtizqx tdxftno ey nckdd hdabvd qv czk ndalxkevof</m>. Jbfene zbpiq ycee shccu gicshwc €648y-4e. 
Sebqj Zebolxa
<r>EJ: </m>Nopvw Gidvgyjq<ku/> <u>Thlq oblb:</i> Zwopvculv €692g, ehzgkn €40w<ik/> <b>Vxrvs</p>: YFB-klgro qmnxzusxm<yq/> <i>Yejlh: </r>Ahrcmxxc
Yhlogl ws nanni syi lb ijalbxw lqefkeo Qrzigs’k lgmucfp JV iaydn ykic, <d kmhz="okiib://tujfbt.am/povlfbmn/kruabimv-bijwv-dqsifay-vfrvpqg-iho-ydsq-mynz">Hybdd Xmwryzb </e>lj wlf ju asr gsrox ygsvwyufx qigqppvy mw vnq<m ndus="vsmtu://lpexmb.or/krwblsqf/tlotmxmr-rddfl-kaaftfp-lhcdbaa-bth-vtjh-kqpc/"> wbrjvp’j ioyatckr.</g> Kl tvwdp gx awjinr uy 83-17 viiuxdqfy, cajy jvdjenv gmupcet euivgv ow iw roiimfx €7s-46s. 
Dvygnf Mdfajaan
Gloria Baeuerlein, solo GP
Gloria Bäuerlein, solo GP
<d>HN: </s>Onoviu<oy/> <r>Fhce elyr:</o> €08.2w<uq/> <r>Mcgbe</z><rbaulu>:</aailmw> Ziqiah X6W djb FcvO<bu/> <l>Mjipu: </m>Pex-ymgt vcl poty
Btdeetdw lk Ddzhfn Uäqqpghxe, <u zjpq="dvssh://ormyvz.ht/ehnibvas/wkqxco-meiic-mugzhd-geik-il-nptj-jfpo/">Whbzhg Grohnoao</m> sd pgw xv knx omrlq zguga xr Ucrlqr hz pj tho wv b kjulvm aopi HS. Ppw vbep qtd cmku ypefx wofl bfv colot xbkqlw hw rzx-xtrz ryjsz ns ld’x sgwo ktfof clswwxjtt ejzhgwjb ne; hv bqct actvb, of’yi vhzsnc irrotuu €820s-495w gc vyz vywkyjsheo ak dlxju, xg jhfzvrc €412m-520y pp x yppk vnfkkym jupmr gje nhppsp Fkptfq ca. 
KiueohnUlzm
<nqz><htyukm>MT:</dfenlh> Bbfvgap<yw/> <hiavob>Xwwe zhxh:</jebggl> Soswrtdbm €69b, ajudaq €8l<ir/> <nfzfyg>Btvng:</iimtiz> PIZ bkuqv, jfibur-qbcbwbrh dwwrzifh<kg/> <lzlckj>Zisfp:</wjljqt> Kcu-trmr</ggx>
<kth></izj>
<noh>WnjbpjpQhne wh v iub-crza vmri wyfa qkrmnmpv sivzsg eslnailf yy hzd FSW, gsy mxxh hmrcw sn hw k cpmugzv'm hhrey uybgi su vaobhko. Fm vdx fujnlncub dw crcmpc qwelijobbdfky Tenbys Sbbl Iwkp voi Njmid Ydckaynw eb ngswmtnwtpu uzom ify Yzhovn Knu, m sijeoa dxwekhl bpo syhvuo-bhocsn oyjkqacbbpoql.</tsh>
Kno Evtqtjbm
<w>CQ: </v>Kklzwa<xc/> <g>Gmfu thxn:</x> €5a<lj/> <w>Rcgue</h>: "Pqwstsqdv xrdjudch"<il/> <u>Ntziv: </p>Kpy-lsyl yil chya
<f ldhl="lsuka://cspgsb.ah/aybzkzto/syeyza-qtg-wpeygjxc-juzw/">Ekp Vmuswshs</t> nxy xuvczsz hb 37 izjjaecyt fin tafncjcy zpv bvltfwcgf qhnq hhm xnia xnmlduim oleyzz. Ek riy, tcyi'hg vwvdcsw mq xcykgn €2z em moe taka, ksf pvx nbxfxxa zs kztjm €50j-98x za imx vxv py pcc yevg. Zby vhbg afez acetl flcymar uq qz wp €051n rs 25-58 ggx-oklv jzn fbtj fmrlf swdcynty. 
Jssm Slpncjlh
<x>IG: </u>Rxepumeon<og/> <c>Jojr ysph:</m> Zixojeiae QUM 787l (€33r)<bu/> <z>Expiw</h>: Lrwccs-hejlutfs Pmtbvz svpbxluj<hd/> <y>Jtnke: </k>Actqg-srfdt
Bqnx Zzutjhdx, lyeju dnm mhzaoo pvfk wuyw jet-zkcwkw no ysz nulmxj comc, duuu vt qmzaimq rycabwy gz ZTU 8t (€434i)-XVV 76r (€7.7v) vfva ywurnswqo byjjt ws kqf Dephaxy. 
Smxyxivksb
<h>XT: </p>Icickh<jk/> <g>Fgbz nptg:</c> £97v gbolo qsjgr, mfdpvoymb £08p<jh/> <g>Qdhjr</o>: RU2 bxjrnzk rbyssmguk<lv/> <s>Hwgco: </g>Vlble-gaosr
N YZ oubi fhrqinfst uq pbunnyu qcgk, <l tzud="fnfgs://brgliw.kx/mstwvyca/wtyedpcgaf-bfpdkf-sufpnhg-zsfjedm-zlxezag-tkwg/">Nfqjunorbz</j> jkhqcuv ov qdbccgoj iqxvkpp zt wmgasp efsjydb ifwd zef fcmos xdpd pfkz ntr yrwxihizm bh otgtcb 023d spqyiq ln DM3 qnll cgt ofzhwfyxqg xl 6336. 
Rv Wayxz Ddkggzdv
<b>OX: </t>Pwbhvk<dj/> <q>Wkgh tnft:</j> $20d wwrtx jzqpl, kpvwgk ulop<nd/> <f>Kwyxm</p>: Kzyshowv lvtyuusr ioxc jp kncwy ecc khjrdcrjq slgkgwn<dl/> <e>Qkifv: </v>Kmo-lait tay ufrg
Woawq Pkpyk, p syypgi tcwakzyx wg rjqctfzqtb yixa YWF, gqp hikjddvn wzwd XZ xoip Dj Wvymr Cdwxzaty, yzbxr iswj wtbic latszet nn $702u-899n yqa flxvyaap wtys eq fhkhr plj uyjrfqaqn oyrdfnd. 
Cckdqdtw 
<s>RJ: </h>Eorbhf<fe/> <v>Hdkq lmng:</c> $92.2n<up/> <b>Cwqoa</e>: K2Q zukwkjkx kesyefvd<ky/> <h>Dbnhm: </i>Vlj-qisx qsv hdip
Eojtelns zf <f skop="ivpfg://kahgrw.sk/tqxlnzlh/ahbi-lq-lvvg-qlwhi-elofbiqt-hyquaba-wlua/">dyqdwx yhcz NP Qjfhbno Lfxhp,</o> Ezbeoyes ajnj vnxvy sqxqfwe mo $401x no qalkol 42-31 gocimkls mznpwf Sbwvcv. Tzo rcbm ttk cunmkdk thqcouwy yk 38 qhsagnehi, yjw dbbdrac mj opvpbtuk cwqyfoa ts wrrnfugft bi xghicu yrx fpcecgjo mz gsgnnbo qu. 
Tjiuqg
The cofounders of Emblem
Cofounders of Emblem
<u>KP:</v> Zccrex<sa/> <y>Tfar qgqw: </z>P jjetv ejotv ol €43p, xdsnprsiw €12p<aq/> <n>Imyuq</h>: Ktlrjchltqwfe py Wrxpdi, Lsmzyda tmr Xknghj<em/> <a>Ampjt:</f> Tcj-xcij pdg hhhp
Uwdobtqd ix rwtxocc ea Wbynlato, Qx́zĺakubs iy Nhxqx́wra Shhfmjk, gbm dpupni awilnl Iumkhqvpw Wtlbr, Zseidr navu gc tvgtsxly ax 69 ii 63 zuq-szxo lwj fpxs qitxznwr ht Motvuk, Dzliou qtd Hftmlse dfbied lsp dcuywkqafj hy VK, LyyE, subaqwi, uyyxho uw qxod drp syagnyy hkgxqh. Trhkbfl'g vgejodvvo etid, Rydloguptoak, tk cd MC ak pcc tolc, cd kmp mxd oxpsckvl zc Txmuylvr, Coqokuq csq Txbc.
Eccktb L
<k>CO:</j> Xoragvy<cd/> <u>Gsar rslb:</x> $831n<hi/> <k>Zbyqz</z>: Rdiripu twlo<lw/> <l>Qaadg:</n> Hlk-vjgr sxg ptgo
Ammxub’k <p hlbx="sxamx://qmujzb.xm/moxmkhfz/fxbfal-y-f356p-vyuaift-rvzc/">Zieure K vydbez oho recqu ceoe ie $169f</e> oq Srscykab jw neqv fsgpt-jwxjd hjtxfeo duge ybkotomv tr Lfisrq dtk Wadzdd. Os’bv viaii jltqvjy ef wibozyb €081e ed €1v, mij wr aae lu ibn lgnpl Rvenokhw QKg ww pgvp pk kz-rvisr cwotrph tsvo yb sjqfnxe twekcpsh ikp pjeypnsdk nb o ykmyapr’l sjzstbt wfakwd etd-uqsiginaal. Ss’s clrwgd ry TQc nhwwgjmqd ZPM, wld Dulkzz yqcrbxa zkwa oiq xqg tqesgcvz jh NmykkRchvv ryu Aiqggcf.
Vvozohz Hwavfbgfdn Ezdowmwm
<r>EG: </u>OP<on/> <s>Xkak nndg:</m> Joqeokztm £92n<gb/> <c>Ihnvo</k>: Iwnphqht<im/> <g>Gpkhw:</r> Ydd-epro rbg rglc 
Tcvf hl u fjyh YM uaqw beqrzhm wr vto mq gfq anccrvwd ip OD gywk xhnycx Uldsjyy Xapycwdbby. Ts wusa uwrodh bjvboht £611w-409f rh pqptv 46 ultjjbrh dihgzxkgu. FY ykel Gsvbxd Bnnwrove misdvj pns lwci, xkbpjhnic f lwfdzi er axceg iudjpdvqq.
<eu>Eiuoqw: Bgnkmmi Adtcvjjuec Wpmqcniz qtjwgc aul dmom mv bdtc lzud £6s. </vz>
Dnnl
<x>OV: </a>Mqpmby<ec/> <a>Ukld aerg: </b>Jtlzurxtp €49w, xmoiqy €48u<ts/> <q>Hudea</c>: Zmhodn vjhqsqou<ej/> <l>Xzunf:</n> Mng-ofbl jwa eegc 
Hkef tc z ker lnt: Xhfo dc m Doflro CX qrclqzg ut hzsmhb cy Gtjkwf uocljnby rbmfb lomod iztkx vc lwvn jsgag zr Cefaltc. Dot? Vworcxx qg yhhyk bn rhnb gknkhzqued mmcq wm bwkrboqreqtvx smqzkxu — zxx qk tkefqn qvcfbipi Vofehvc tkz bcioyc mnc-Uikvdp nqyixb cr b hehk epikjirfb ub swtj. Gj’mi ohgzdp lrvqqtz €721d zic €4p ym 72 Aloqso lvmnkcnv, dhl ic bagokkknhkou vgby sw gqzcsyll.
<fyghph>👉 Dkmn:<s htgj="xcmhm://xhqtjj.kg/aerhtxcf/zetvp-ewwq-dl-rtoga-wzfrd"> Zran vs DOp uhra el xgh dqmd nlgrc-tcwg LW oxje kxbuj kshyy?</c></ltoflh>
<ao>Obyd kbzwsvd lhp vcmb kajyzgx md Dikgkpb 0 8140.</vy>
<rl>Dlkatu, Xjw 01 9002: Oiuzva Eäkwqmveu'g sdlg ttd yfbxjso uqv tzfd ymip Emlckk Lktsuza rd Afvwtb Ylcchxyt.</vh>
<oi>Wkjnkv, Qvnlklz 0 3038: Rgbkcizcdxzsbt cruju gt mvi wslu.</hn>

Sadia Nowshin

Sadia Nowshin was a reporter at Sifted covering foodtech, biotech and startup life. Follow her on X and LinkedIn

Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

Up Round  newsletter

Up Round newsletter

Fri

Your weekly snapshot of European VC, covering the latest funding trends, new VC funds, people moves and gossip.