Top Funding Rounds in 2018 Europe
The world of Finance never sleeps. Startups and scale-ups get funded all the time, world-wide. IPOs take place about every day. Mergers and Acquisitions are closed faster than you can imagine. What was 2018 like in the Finance Europe? Read on to find out which startups and scale-ups are now accelerating their game thanks to the funding they’ve received. After that, apply to get a subsidy for your dream project instantly!
Auto1: €460 million
This company is a Unicorn by now. Founded in 2012 in Germany, Auto1 connects buyers and sellers of cars on an online platform. In January 2018, SoftBank’s Vision Fund has provided them a whopping funding round that has given them the valuation of more than €2 billion. One of the major things that makes them successful is that they operate in more than 30 countries and roughly 3000 used cars are added to the platform every day. What a success story!
About You: €265.186.500
A little younger, this German business was founded in 2014. As some of you, readers in The Netherlands, may know from their TV commercials, they are a fashion e-commerce unicorn. Their product is an online retail platform which consists of more than 10 million monthly active users. Bestseller, a branded-clothes web-shop, has provided the funding. As you can tell, it is all about having connections in a common industry that gets you funded.
Yet another German success story: this company has raised an alarming €240 million. How do the Germans do it? BioNTech is a biopharmaceutical company whose research is focused on finding ways to treat cancer. Last January, they’ve raised their Series A, with Redmile Group being the lead investor. Redmile is a VC firm focused on the Healthcare industry. So get up and look for subsidies in your own industry!
Founded in 2015, UK’s Revolut is a digital banking Unicorn. They have already more than 2 million customers able to use and manage their money worldwide. Recently, they have received a European banking license, hence able to expand their operations around Europe. I’d say that their catchy name and fancy website distinguishes them from the rest!
Graphcore: €175 million
Founded quite recently in 2016, this UK Unicorn is a semiconductor company developing accelerators for AI and Machine Learning applications. The most recent Series D round was allocated to them by major investors such as Microsoft, BMW i Ventures, Sequoia Capital and Robert Bosch Venture Capital. The fact that they develop things to accelerate the pace of innovation for others is an original idea deserved to be recognized.
Atom Bank: €164 million
This UK FinTech company was founded in 2014. They specialize in mortgages, business loans and savings. What sets them apart is that they focus on satisfying the customer, for instance by providing a 24/7 customer service. In fact, they provide their services so well that they’ve received a number of awards, according to their website. Worth taking a look and getting inspired! With our subsidies, you’ll get a kickstart to reach the same potential as them.
Taxify is an Estonian Unicorn which was founded in 2013. They’re one of the biggest European ridesharing platforms, connecting more than 10 million passengers and 500.000 drivers in more than 25 countries. It’s basically Uber, but European. Their most recent funding round was granted to them by Daimler (a German automotive company), amongst others. The fact that they’ve come up with such a simple but crucial idea has given them the funding. Be like them!
If you want to take part in Europe’s ever-growing funding round successes, you need to start somewhere. Don’t hesitate any further – go ahead and visit our platform where you can pitch your project and apply for a subsidy of your choice. Remember that since subsidies are free, starting there won’t hurt you as much as starting with an Angel or an Equity Crowdfunding round. More on this will be published later, but for now, apply for your free round of funding. We look forward to reading your success stories in international news!