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Today: October 10, 2024
July 19, 2024
1 min read

Czech Funding Round Highlights: Mews Emerges as Unicorn Leader

TLDR: Top 10 Czech Funding Rounds in H1 2024

Key Points:

  • Czech startups have raised approximately €217M in 2024, showing significant growth from the previous year.
  • The top 10 funding rounds in the Czech Republic include companies in various verticals such as TravelTech, Retail, LogTech, Enterprise SaaS, and HealthTech.

In the first half of 2024, Czech startups have shown significant growth in funding rounds, indicating a promising landscape for the country’s startup ecosystem. Among the top 10 funding rounds, Mews emerged as the latest unicorn in the Czech Republic, securing €100M in a late VC stage. Other notable funding rounds include Rohlik, Omnetic, BetterStack, Daytrip, Adalid Science, Worldee, Green Future, Adam, and Upheal.

Rohlik, an online delivery company, raised €160M in a growth stage, while Omnetic, a dealership management system for automotive professionals, secured €100M in growth funding. BetterStack, providing DevOps observability solutions, received €9M in an early VC stage, and Daytrip, offering private car transfers, raised €9M in a Series B round. Adalid Science, specializing in advanced drug delivery systems, secured €7.9M in seed funding.

Other notable funding rounds included Worldwee offering an online platform for travel albums, Green Future developing technology to transform plastic into oil, Adam connecting consumers with painters and decorators, and Upheal providing a platform for mental health clinicians.

The variety of sectors covered by these funding rounds, including Retail, HealthTech, TravelTech, and DeepTech, highlights the diversity and potential growth areas within the Czech Republic’s startup ecosystem. With the increase in funding and support from investors, Czech startups are poised for further expansion and development in the coming years.

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