Total amount of money raised

In this report, we'll explore the intriguing landscape of October 2023's start-up fundraising scene. According to data analysed from the Skopai platform, 100+ start-ups received funding worldwide in October 2023.  

Total amount of money raised: €3.2 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 September. AI (representing 25% of start-ups), Platform (22%), Fintech (21%), and Software (21%) are the most prevalent tags, and they provide us with information on the markets that experienced the most activity.

October 2023 start-up fundraising news: Thematic clusters

Maturity internships

By their maturity, most start-ups, representing 57% are on the Go-to-market stage. Matured stage follows with 30% and Early-stage 13%. The Go-to-market stage has always been an attractive stage for investors since the product is ready for commercialization after the research and development process. To add, 45 funded start-ups have patents

October 2023 start-up fundraising news: Maturity stages

Funding rounds in October 2023 

Start-ups received funding across different funding rounds ranging from Pre-seed to Series D rounds.
  

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

Pre-seed

PickNik Robotics develops software solutions designed for enabling companies to solve the hardest robotics problems
Country: USA
Amount raised: €1.89M

Seed

Fentech offers platform for Decision Intelligence that guarantees reliable forecasting.
Country: France
Amount raised: €1.2M

Series A

Orbem develops machine learning algorithms for diagnostic solutions for automated analysis of animal and plant data.
Country: Germany
Amount raised: €30M

Series B

STOKE Space develops rockets and satellites destined to launch small satellites into polar and sun-synchronous low Earth orbits and polar orbits.
Country: USA
Amount raised: €94.39M

Series C

Ampacimon develops smart grid solutions designed for optimizing T&D (Transmission and Distribution) assets, helping grid operators to unlock economic and operational value from their existing infrastructure by applying a range of technology products and services that safely maximizes their capacity and usage.
Country: Belgium
Amount raised: €10.03M

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

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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 October 31, 2023, thus the numbers could change as fresh information is regularly added to the database by our AI.

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