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The 10 largest VC rounds of January 2021

AIN.TECH selected 10 startups that have raised the largest investments in January 2021.

InPost, $3.3B

On January 27, InPost became Europe’s biggest IPO since 2018. The startup’s shareholders Advent International, Templeton Strategic Emerging Markets Fund, and PZU Fundusz have sold 175 million existing shares at 16 euros each, totally raising €2.8 billion ($3.3B).

Started in 1999 by Rafał Brzoska, InPost today offers logistics services and creates a network of automated parcel lockers, self-service parcel dispatch and collection points, open 24/7.

Delivery Hero, $1.4B

Berlin-based Delivery Hero has raised around €1.2 ($1.4) billion by issuing new shares. 

Established in 2011, Delivery Hero is the world’s leading delivery platform, operating its service in more than 40 countries across Asia, Europe, Latin America, the Middle East, and North Africa and processing over 120 million orders on average per month. 

sennder, $160M

German tech startup sennder has raised a $160 million Series D funding from existing investors Accel, Lakestar, HV Capital, Project A, and Scania.

Founded in 2015 by CEO David Nothacker, Julius Köhler and Nicolaus Schefenacker, sennder is a digital road freight forwarder, linking large commercial shippers with small and mid-sized freight carriers. 

Personio, $125M

The Germany-based startup Personio has received $125 million in a Series D funding round at a valuation of $1.7 billion. The round was co-led by existing investor Index Ventures and new one Meritech Capital. Previous backers Accel, Lightspeed Venture Partners, Northzone, Global Founders Capital and Picus also participated.

Founded in 2015 in Munich, Personio offers cloud-based HR management and recruiting solutions and software for startups, and small- and medium-sized enterprises. 

Jedox, over $100M

Jedox, an international provider of Enterprise Performance Management software, has raised more than $100 million in a round led by global venture capital and private equity firm Insight Partners with participation from previous backers Iris Capital, eCAPITAL, and Wecken & Cie.

Jedox was founded in 2002 and headed by CEO Florian Winterstein, who joined the company in 2018. Jedox solutions help companies to optimize business processes across all stages of growth – from transitioning existing financial processes to the cloud to leveraging AI and advanced analytics for more accurate, agile planning. 

iziwork, $42.5 million

Iziwork, the digital marketplace for temporary work, has raised $42.5 million in Series A round. The round was led by Cathay Innovation and Large Venture.

Founded in 2018 by Nitsan Seniak and Mehdi Tahri, iziwork digitizes temporary recruitment through its platform. The platform relies on technological innovation to radically improve access and work experience.

Ondato, $2 million

Ondato, the digital and biometric authentication startup, has raised $2 million in a seed funding round. The round was led by OTB Ventures – a venture capital fund investing in technology with unique IP in the CEE region.

Founded in 2016 by CEO Liudas Kanapienis, Ondato provides complete compliance management solutions starting from both photo and live video identity verification, data monitoring, screening, due diligence, risk scoring, and case management all in one place. 

Surgify Medical Oy, $1.7 million

Espoo-based Surgify Medical Oy, a healthcare technology startup, has raised $1.7 million in funding. The round was led by Finnish venture capital investor Innovestor Ventures, Swedish investor Peter Lindell, and well-known Finnish angel investor and healthcare entrepreneur Leena Niemistö.

Founded in 2017 by Shahab Haeri, Visa Sippola, Juho Carpén, and Jukka Kreander, Surgify Medical Oy is developing an internationally recognized surgical drill that aims to make bone surgery safer. The product is a safety tip that is connected to existing surgical drills.

Rendin, $1.4 million

Estonian Rendin, a long-term home renting service, has closed a $1.4 million seed investment round. The round was led by Tera Ventures, Iron Wolf Capital, Truesight Ventures, Atomico’s Angel Programme, and Startup Wise Guys. 

Launched in 2020 by Alain Aun, Maiko Saluorg, and Alar Mäerand, Rendin is a home rental agreement platform that makes the whole process of home renting more comfortable for users. Rendin creates a community of landlords and tenants ready to trust each other, value integrity, and fair play.

Hyperhuman, $607K

Bucharest-based Hyperhuman, a startup that turns workout videos into personal fitness content, has raised $607K in its first financing round. The round was led by Early Game Ventures with participation from Sparking Capital and Simple Capital.

Founded in 2020 by Bogdan Presdusca, Dan Nica, and David Teodorescu, Hyperhuman is building an AI-powered platform that detects how fitness content is produced, personalized, and monetized. Using its proprietary video AI technology, the product extracts key insights and metadata from video workouts and turns them into reusable blocks of content.

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