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The 10 largest VC rounds of September 2020

AIN.TECH selected 10 startups from CEE and Kazakhstan that have raised the largest investments in September 2020.

ICEYE, $87M

ICEYE, a SpaceTech startup, has raised an $87 million Series C round of funding. Into account, the funding round is significantly larger than originally planned, which is especially notable in the economically unstable 2020.

The round was led by True Ventures – a Silicon Valley-based venture capital firm that invests in early-stage technology startups, with participation from OTB Ventures.

 ICEYE is a world-leading SAR data provider. The company is building and operating its own commercial constellation of radar imaging satellites, with SAR data available to global customers since 2018.

Bitpanda, $52M

Vienna-based fintech Bitpanda has closed a $52 million Series A funding round, the largest Europe’s Series A round of 2020.

The round was led by Valar Ventures with participation from Vienna-based VC Speedinvest.

 Bitpanda is a popular trading platform for Bitcoin, Ethereum, gold, and over 30 other digital assets with more than 1.2 million users and 190 team members. As the company declares, it is aimed to provide easy-to-use, safe and trustworthy access to any digital assets for both new and experienced users.

Cosmose, $15M

Warsaw-based martech Cosmose has attracted $15 million in a Series A funding round pushing its valuation to more than $100 million.

The round was led by Tiga Investments, with the participation of OTB Ventures, TDJ Pitango funds, as well as investors from India, Israel and Singapore.

Cosmose develops a data analytics platform that predicts consumers’ offline shopping behaviour. The company gathers anonymous mobile user IDs and precise geolocation data that shows customers’ real behaviour in stores.

Shapr3D, $6.5M

Shapr3D has announced a $6.5 million Series A funding. To date, Shapr3D has raised a total of $7.3 million in funding over four rounds.

The round was led by top European early-stage venture capital firms Point Nine and Creandum (one of the original investors in Spotify).

Shapr3D is a direct modeling tool with an intuitive 3D modeling user interface on a tablet device. It is easy to learn and easy to use. Perfect for engineers, industrial designers, jewelry makers, 3D hobbyists, architects.

Mercuryo.io, $2.9M

Tallinn-based startup Mercuryo.io, a crypto wallet and BTC acquiring services for business, has closed $2.9 million seed funding.

The seed round was led by Target Global.

Mercuryo.io is known as a technologically developed state that has a legal definition of cryptocurrency status as an alternative means of payment. Mercuryo`s mission is to introduce cryptocurrencies into daily life and allow people to handle their crypto transactions casually.

VersaBox, $2.9M

Warsaw-based smart robotics company VersaBox has announced the completion of a $2.9M funding round. 

The investors are the Polish VC funds Fidiasz EVC, SpeedUp Energy Innovation, Movens VC and RST Ventures for Earth.

VersaBox develops robots and digital solutions for logistics. Its [email protected] system allows customers to implement and manage intralogistics processes, such as transport of goods and products within companies, production facilities, or warehouses.

Turing College, $1.4M

Turing College, a Lithuanian Edtech startup, has received $1.4 million.

The funding was from a very successful cybersecurity company Tesonet, an e-commerce startup Omnisend, a video gaming firm Unity Technologies LT, and Startup Wise Guys with participation from the EU Research and Innovation Fund.

The goal of Turing College is to become the leading education platform for top IT specialists in the Northern and Eastern European regions. The company is planning to spend the proceeds on a new study program of Data Science.

OQUDA, $1M

Nur-Sultan-based educational market network platform OQUDA has attracted $1 million from business angel Marat Tolibaiev.

OQUDA develops a SaaS platform for selling educational programs through distributors, as well as automating customer support at the post-sale stage.

The platform is aimed to help educational recruiting agencies to optimize customer management processes, freeing up to 50-70% of their time towards increasing sales. 

Linx4, $1M

The Vienna-based company operating one-stop equipment financing marketplace has raised a $1 million investment round.

The round was led by business angels including Rolf Steffens, Peter Oser, Markus Buncsak.

Linx4 provides a solution for usage-based and pay-per-use financing for Original Equipment Manufacturers.

Cartloop, $350K

Cartloop, an eCommerce startup, has raised a total of $350K in funding over 1 round.

It was a pre-Seed round led by GapMinder – a Venture Capital Fund, targeting IT Software and Services startups in Romania and CEE. Also, the round was backed by Tamas Cristian, the co-Founder of TypingDNA.

Cartloop is the human-engagement platform designed to delight and convert customers through 1:1 conversations. The platform is aimed to help e-commerce brands build customer relationships and increase sales by sending real-time messages.

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