Mid year review

As we bid farewell to the first half of 2023, let’s reflect on an eventful period filled with exciting developments in the start-up world. The year kicked off with a resounding boom as startups raised a staggering €11 billion in January, signaling a promising start. While February experienced a slight dip with €4.8 billion raised, the tide turned once again in March, witnessing a remarkable surge to €9.5 billion in start-up funding. The subsequent months, from April through June, showcased consistent growth with €3.9 billion raised in both April and May, and a still-impressive €3.4 billion in June.

Start-up fundraising in June 2023

According to data analysed from the Skopai platform, 145 start-ups received funding worldwide in June 2023.  

Total amount of money raised: €3.4 Billion

To see the full list of start-ups that received funding, click on the link: 

Thematic clusters

The word cloud represents the markets and technologies of start-ups that received funding in June. Tags such as Platform (representing 23% of start-ups), Fintech (222%), Software (21%), AI (18%) dominate the landscape, giving us insight into which markets saw a lot of activities. 


By their maturity, most start-ups, representing 50% are on the Go-to-market stage. Matured stages and Early-stage ventures follow with 23% and 22% respectively. The analysis shows that companies across the various stages are diverse in their offerings and operate in different markets although AI and software solutions are more dominant. To add, 61 funded start-ups have patents. 

Funding rounds in June 2023  

Start-ups received funding across different funding rounds ranging from Seed series to Series E rounds.

📌 Note that all amounts are quoted in Euros on the Skopai platform for comparison reasons. 

Seed round

Syntax Health develops SaaS-based enterprise solution designed for empowering payors and providers to navigate the complex healthcare landscape with confidence and clarity
Country: USA
Amount raised: €7M

Series A

Bioenzymatic Fuel Cells provide Eco-friendly paper-based bio-enzymatic fuel cells for sustainable energy generation.
Country: France
Amount raised: €16M

Series B

Rose Rocket is a platform transportation management software (TMS) that help manage the unique needs of today’s transportation companies.
Country: Canada
Amount raised: €35.52M

Series C

The Green Coffee Company develops coffee farms and full ownership of the supply chain designed for providing clients with peerless traceability, verified sustainability and quality control
Country: Colombia
Amount raised: €23.37M

Series D

Capillary Technologies develops solutions designed for loyalty management and customer engagement.
Country: India
Amount raised: €42M 

Series E

Ecovative develops a mycelium technology designed for sustainable materials that come straight from nature. Mycelium Foundry designs fully formed structures that perform just like or better than plastic, leather, meat, and more, turning to compost at the end of their life to meet demand without the environmental costs.
Country: USA
Amount raised: €28M

To see the full list of start-ups that received funding in January 2023, click on the link: 


Make more analysis using the events view tab to keep up with the funding activities of your favourite start-ups on the Skopai platform. You can also book a demo with our experts now to discover the Skopai platform. 

The data used to generate the figures in this article was collected on June 30, 2023, thus the numbers could change as fresh information is regularly added to the database by our AI.

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