This week, several notable funding rounds in Europe signify growing investments in technology and sustainability sectors. Evroc, based in Stockholm, raised over €50M in what is recognized as the largest Series A round in the Nordics, focusing on hyperscale cloud and AI infrastructure. Munich's BayWa r.e. secured €435M to support its transformation in renewable energy. Sofinnova Partners launched a biotech fund exceeding €165M, backed by major pharmaceutical companies. Meanwhile, GreenWay specialized in EV charging acquired over €50M from Mirova, emphasizing the shift towards low-carbon solutions.
Evroc, based in Stockholm, has achieved a groundbreaking feat by securing Europe’s largest Series A financing round exceeding €50M, enhancing its AI and cloud infrastructure.
BayWa r.e., a Munich-based renewable energy developer, has secured €435M through a financing agreement to support its transformation and manage its majority stake effectively.
Sofinnova Partners has raised €165M for its biotech acceleration fund, exceeding targets and attracting support from major global pharmaceutical companies, enhancing European life sciences.
GreenWay, based in Bratislava, focuses on electric vehicle charging in Central Europe, and has successfully raised over €50M from Mirova, advancing sustainable investment initiatives.
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