VC Traders Eye European B2B Software program Corporations

Up to now week, enterprise capital (VC) traders have been targeted on European software program builders.

London-based VC agency One Peak introduced on Tuesday (Dec. 6) that it had closed its third fund devoted to growth-stage business-to-business (B2B) software program firms in Europe and Israel.

With a tough cap of $1 billion, One Peak Progress III will write checks between $15 million and $100 million, with a give attention to B2B Software program-as-a-Service (SaaS) companies.

One Peak Progress’s current portfolio from beforehand closed funds contains an array of B2B SaaS firms creating merchandise equivalent to Brightflag’s authorized operations platform, Deepki’s ESG Intelligence service and Neo4j’s database administration system.

With the scope to faucet innovation hubs equivalent to Cambridge’s world-leading synthetic intelligence analysis cluster and Israel’s community of cybersecurity startups, One Peak appears to be positioning itself to gasoline the subsequent wave of innovation within the B2B software program market.

One SaaS startup that is already making waves within the area is Mapiq, which just lately picked up 17 million euros ($17.9 million) in Collection A funding to create extra accountable international workplaces.

The Delft, Netherlands-based firm has developed a office expertise platform that mixes services with human assets administration capabilities.

And as international companies have adjusted to the brand new actuality of hybrid working, Mapiq has advanced from its unique premise of serving to companies optimize their real-estate prices, to a extra holistic resolution for managing the workplace and know-how wants of a distributed workforce.

Having already onboarded purchasers together with Microsoft, PwC, Danone, Heineken and KPMG, Mapiq’s resolution proves that there’s demand for programmable programs that enable companies to combine their totally different IT ecosystems and adapt their workplace administration methods for contemporary modes of working.

Sustainability Tech Continues to Shine

With EU GreenTech funding on the rise, one other space of ​​the software program business that is attracting VC consideration is the sustainability tech area.

Final month, Finnish startup Synergi raised an 800,000 euros ($840,900) pre-seed spherical to assist develop its dwelling vitality administration system.

And on Wednesday (Dec. 7), Berlin-based good vitality startup Ostrom turned the newest developer within the area to safe funding through a 9.3 million euros ($9.78 million) Collection A.

Ostrom will use the newest injection of capital to additional assist shoppers use much less electrical energy.

With options together with good meter help, real-time dynamic pricing tariffs, electrical automobile (EV) charging and warmth pump optimization, Ostrom is a part of a wave of SaaS companies tapping right into a rising consciousness of the benefits of growing vitality effectivity.

Whereas owners are turning to software program options to decrease their vitality consumption, land managers face a distinct set of challenges relating to sustainability.

And whereas software program is probably not the very first thing that involves thoughts when fascinated about industries like agriculture and forestry, highly effective information and analytics instruments are definitely being developed to assist resolution makers higher handle the world’s pure atmosphere.

For instance, London-based developer Verna introduced earlier this week the shut of its first fairness funding spherical, led by Vanneck EIS.

The 860,000 kilos ($1.05 million) VC funding can be used to additional develop Verna’s software program instruments, such because the ForestFounder information system to establish and assess tree-planting alternatives.

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