German agritech Weenat has raised an $8M Series C round for its meteorological sensors that help farmers conserve water. The funding will enable Weenat to expand across Europe. Founded in 2014, Weenat established itself by launching the first wireless weather station connected to a mobile application. Since then, the company has developed its R&D capabilities - enhanced by its acquisition of Waether Measures in 2021 - in order to cultivate in-house proficiency in engineering, machine learning, agronomy and metrology. Other investors in this round include Pymwymic, LIBERSET, and IDIA Capital Investissement. https://tech.eu/2024/04/09/weenat-raises-8m-series-c-for-water-monitor/
Austrian fintech startup Monkee, a pioneer in the area of "Save Now Buy Later" raised a seven-figure investment and is expanding its reach to over 150,000 account holders through a partnership with Vereinigte Volksbank Raiffeisenbank eG. This infusion of capital — the company has previously raised over €2.5 million — supported by new and existing investors, fuels Monkee's ambitions for further growth and expansion. The alliance with VVRB strengthens Monkee's product offering, particularly for long-term savings, and bolsters customer trust through a reputable banking partner. https://tech.eu/2024/04/10/monkees-save-now-buy-later-model-gains-momentum-with-new-seven-figure-investment/
German medtech spinout Enatom has received €900,000 to develop its holographic models of human anatomy, which give medical students with a VR headset the ability to study anatomical structures in 3D. The funding will be used to expand Enatom's technical and sales teams The round was co-led by LUMO Labs, NOM and UNETI Ventures and follows earlier funding from G-Force Capital and Triade Investments. Enatom was spun out of University Medical Center Groningen, who also provided financial support. https://tech.eu/2024/04/11/enatom-raises/
Berlin-based Torg, a B2B startup digitising product sourcing to bring buyers and suppliers together, has raised an oversubscribed €2.7M Seed round to transform food & beverage sourcing with its AI-powered platform. The funding will fuel the company’s platform development, supplier database expansion, and the creation of more “intuitive” tools to streamline sourcing processes. The investment was led by Connect Ventures. Existing investor FoodLabs and new investors, including Sondo, Ventures Together, Sameer Singh, and Jonas Meynert (co-founder of Lanch), also participated. https://siliconcanals.com/crowdfunding/torg-raises-2-7m/
Sofia-based e-commerce tech startup Rush has been acquired by Shop Circle, now being fully managed by the company. The process will take a few months in order to fully implement the new strategy. Rush was founded in 2019 by Kiril Kirilov and Stanislav Stankov. The app aims to help e- commerce businesses, individual merchants, and dropshippers to transform their shipment tracking pages into marketing opportunities. Its integration with Shopify offers a SaaS solution for order tracking and notifications, facilitating post-purchase communication between Shopify merchants and their customers. https://ain.capital/2024/04/11/rush-is-acquired-by-shop-circle/
Romanian electric ridesharing platform ELEC attracted over EUR 1 million in investment funds to become an electromobility ecosystem. The startup will use the funds to develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform. https://www.romania-insider.com/romanian-elec-funding-electromobility-april-2024
Early Game Ventures (EGV), one of the most important venture capital managers in Romania, announced on April 10 that it sold CODA Intelligence, a Romanian provider of next-generation automated cybersecurity solutions and one of the first investments of EGV I fund managed by EGV, to the global supplier PDQ. https://www.romania-insider.com/early-game-ventures-exit-coda-intelligence-april-2024
German agritech Weenat has raised an $8M Series C round for its meteorological sensors that help farmers conserve water. The funding will enable Weenat to expand across Europe. Founded in 2014, Weenat established itself by launching the first wireless weather station connected to a mobile application. Since then, the company has developed its R&D capabilities - enhanced by its acquisition of Waether Measures in 2021 - in order to cultivate in-house proficiency in engineering, machine learning, agronomy and metrology. Other investors in this round include Pymwymic, LIBERSET, and IDIA Capital Investissement. https://tech.eu/2024/04/09/weenat-raises-8m-series-c-for-water-monitor/
Austrian fintech startup Monkee, a pioneer in the area of "Save Now Buy Later" raised a seven-figure investment and is expanding its reach to over 150,000 account holders through a partnership with Vereinigte Volksbank Raiffeisenbank eG. This infusion of capital — the company has previously raised over €2.5 million — supported by new and existing investors, fuels Monkee's ambitions for further growth and expansion. The alliance with VVRB strengthens Monkee's product offering, particularly for long-term savings, and bolsters customer trust through a reputable banking partner. https://tech.eu/2024/04/10/monkees-save-now-buy-later-model-gains-momentum-with-new-seven-figure-investment/
German medtech spinout Enatom has received €900,000 to develop its holographic models of human anatomy, which give medical students with a VR headset the ability to study anatomical structures in 3D. The funding will be used to expand Enatom's technical and sales teams The round was co-led by LUMO Labs, NOM and UNETI Ventures and follows earlier funding from G-Force Capital and Triade Investments. Enatom was spun out of University Medical Center Groningen, who also provided financial support. https://tech.eu/2024/04/11/enatom-raises/
Berlin-based Torg, a B2B startup digitising product sourcing to bring buyers and suppliers together, has raised an oversubscribed €2.7M Seed round to transform food & beverage sourcing with its AI-powered platform. The funding will fuel the company’s platform development, supplier database expansion, and the creation of more “intuitive” tools to streamline sourcing processes. The investment was led by Connect Ventures. Existing investor FoodLabs and new investors, including Sondo, Ventures Together, Sameer Singh, and Jonas Meynert (co-founder of Lanch), also participated. https://siliconcanals.com/crowdfunding/torg-raises-2-7m/
Sofia-based e-commerce tech startup Rush has been acquired by Shop Circle, now being fully managed by the company. The process will take a few months in order to fully implement the new strategy. Rush was founded in 2019 by Kiril Kirilov and Stanislav Stankov. The app aims to help e- commerce businesses, individual merchants, and dropshippers to transform their shipment tracking pages into marketing opportunities. Its integration with Shopify offers a SaaS solution for order tracking and notifications, facilitating post-purchase communication between Shopify merchants and their customers. https://ain.capital/2024/04/11/rush-is-acquired-by-shop-circle/
Romanian electric ridesharing platform ELEC attracted over EUR 1 million in investment funds to become an electromobility ecosystem. The startup will use the funds to develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform. https://www.romania-insider.com/romanian-elec-funding-electromobility-april-2024
Early Game Ventures (EGV), one of the most important venture capital managers in Romania, announced on April 10 that it sold CODA Intelligence, a Romanian provider of next-generation automated cybersecurity solutions and one of the first investments of EGV I fund managed by EGV, to the global supplier PDQ. https://www.romania-insider.com/early-game-ventures-exit-coda-intelligence-april-2024
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