August update from Isomer Capital
Happy summer! We hope this season finds you enjoying some well-deserved relaxation and sunshine. While many are on holiday, the Isomer team is still hard at work, preparing for an exciting September.
We wanted to keep this month's update short and sweet, as we know many of you are enjoying your summer break. Rest assured, we have plenty of news and insights to share in our upcoming full newsletter next month.
Until then, enjoy the rest of your summer, and we look forward to reconnecting in September!
A snapshot of the top European funding rounds and exits in H1 2024:
1950Â funding rounds were completed.
€50.1bn was invested into European Startups.
353 exits occurred, out of which 23 totalled €13.3 billion, while 330 were undisclosed
Sweden raised €12.7bn representing 25.2% of total investments in
Taking a look at some of the August events in the Isomer portfolio also showcases exactly the trajectory Europe is on 📈
🇪🇸 Exoticca, traveltech platform, raises €60m Series D
🇩🇪 planqc, quantum computer company, raises €50m Series A
🇩🇪 Grover, rental commerce platform, raises €50m Venture Round
🇩🇰 Again, carbon utilisation company, raises $43m Series A
🇩🇪 Wefox, insurtech platform, raises €25m Venture Round
🇬🇧 Supercede, reinsurance tech platfom, raises $15m Series A
🇩🇪 Bunch, fintech startup, raises $15.5m Series A
🇩🇪 Lemon.markets, digital brokerage company, raises €12m Seed Round
🇩🇪 Alcemy, decarbonisation start-up, raises $10m Venture Round
🇸🇪 Greenely, energy startup, raises €8m Series A
🇩🇪 Feather, expat insurance startup, raises €6m Series A
🇬🇧 Tracebit, threat detection platform, raises €5m Seed Round
🇩🇪 Trail, governance workflow startup, raises €1.45m Pre-Seed
🇬🇧 Briefly Bio, biotech startup, raised $1.2m Pre-SeedÂ
With that, let’s get on to the big events and what they left us with 👇
Isomer Insights & Events
Isomer in the News
EUVC:Â Mid Year Review 2024: European Fundraising Sentiment with Chris Wade, Isomer Capital
Pitchbook:Â Old VC fund breathe new life into secondhand stakes trading
EUVC:Â Achievement of the Year Finalist: On resilience and making difficult decisions - Tour Radar story
Isomer Report:Â Commercial Opportunities for Venture Capital with Artificial Intelligence
EUVC: The deep dive on Isomer's 100M€ Secondaries Fund with Joe Schorge and Omalade Adebisi
SuperVenture Interview:Â What's hot in European Tech?
European VC Awards Interview:Â Celebrating excellence in venture capital: The European VC awards!
Vestbee:Â Chris Wade, Founding Partner of Isomer on Mastering the VC game
Upcoming events
🇰🇷(Seoul, 9th September) - Chris will be meeting with investors
🇧🇹Happiness Capital (Bhutan, 10th - 13th September) - Chris will be attending Happiness Capital's Portfolio eventÂ
ðŸ‡ðŸ‡°(Hong Kong, 16th-17th September) - Chris will be meeting with investors
🇩🇰Tech BBQ, (Copenhagen, 10th September) - Harry will be attending and meeting with investors
🇫🇷Eurazeo (Paris, 10th September) - Thomas will be attending the annual event
🇫🇷IPEM - (Paris, 9th-11th September) - Thomas will attend the event in Paris.
🇬🇧BVCA UK Pension Summit (London, 11th September) - Harry and Joe will be attending
🇬🇧FRAME by VentureESG (London, 19th September) - Laura will be attending
🇳🇱Venture Capital Forum (Amsterdam, 25th September) - Joe will be attending
🇫🇷WVC:E (Paris, 7th-8th October) - Chloe will be participating in an LP panel covering the topic "Whats in store for the next 12 months"
🇸🇬SuperReturn Asia (Singapore, 24th-27th September) - Thomas will meet with Asian investors during SuperReturn in Asia.Â
🇦🇹 Micro GP Summit (Vienna, 4th November) - Chloe will be attending and meeting VCsÂ
