Is Covid transforming the European Seed Landscape?

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The last couple of weeks in the UK saw plenty of Direct to Consumer startups secure funding, alongside Mental Health and Events Platforms - it seems Covid is really pulling UK startups in new directions.

🇬🇧 United Kingdom - $25m
🇮🇱 Israel - $15m
🇮🇳 India - $12m
🇫🇷 France - $1.6m

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Figures this week:

Funding rounds covered:

Countries covered:

Largest round:

Estimated funds raised:

~$54,000,000 (not all covered below)

Categories & countries:

Most rounds:

🇬🇧 United Kingdom

Largest Round:
🇬🇧 Wayflyer ~$10m
Want to announce a funding round through Seed Weely? Connect with me on LinkedIn (leave a note).

Edition 42 will be published later this month.

🇬🇧 United Kingdom - $25.5m

Wayflyer Logo

Raised: $10.2m (Seed)
Category: Fintech, e-Commerce, Software

Description: Wayflyer is a revenue-based financing platform for eCommerce brands. Plug in your analytics and revenue data, and get a financing offer within hours.
Investors: Speedinvest, QED Ventures, Middlegame Ventures and others.
Location: London, United Kingdom.

KatKin Logo

Raised: $4.5m (Seed)
Category: D2C, Consumer, Pets

Description: KatKin is an online-based platform that allows people to purchase and choose different kinds of cat food.
Investors: Octopus Ventures.
Location: London, United Kingdom.

Wild Logo

Raised: $4.5m (Seed)
Category: D2C, Consumer

Description: Wild is a natural and single-use plastic-free deodorant. Kind to your body and the planet.
Investors: JamJar Investments.
Location: London, United Kingdom.

Duel Logo

Raised: $2.34m (Seed)
Category: Brand Marketing, Consumer Review, E-Commerce

Description: Duel is a brand Advocacy Platform that enables purpose-led brands to drive organic growth & retention through word-of-mouth & advocacy.
Investors: Downing Ventures, London Co-Investment Fund and others.
Location: London, United Kingdom.

MindLabs Logo

Raised: $1.8m (Pre-Seed)
Category: Fitness, Healthcare, Wellness

Description: Building the world’s first live Mental Health Platform (dubbed Peleton for Mental Health). Techcrunch has more here.
Investors: Seedcamp, Passion Capital, Alex Chesterman (CEO of Cazoo) and others.
Location: London, United Kingdom.

Pimloc Logo

Raised: $1.8m (Seed)
Category: AI, Enterprise Software, Deep Learning, Security

Description: Pimloc's deep learning platform allows organisations to automatically ingest, detect, classify and protect the diverse image and video content.
Investors: Speedinvest and Amadeus Capital Partners.
Location: London, United Kingdom.

Heysummit Logo


Raised: $1m (Seed)
Category: Events, Software

Description: Heysummit specializes in helping to increase engagement, conversions, and revenue for online summits.
Investors: TechStart Ventures, Active Capital and others.
Location: Edinburgh, United Kingdom.

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🇮🇱 Israel - $14.25m

Deci AI Logo

Deci AI
Raised: $8.25m (Seed)
Category: Deep Learning, Cloud Computing, Natural Language Processing
Description: Deci’s platform supercharges deep learning models to top performance, ready for production at scale.
Investors: Square Peg Capital and Emerge.

Location: Tel Aviv, Israel.

Enso Security Logo

Enso Security
Raised: $6m (Seed)
Category: IT, Cyber Security, Software
Description: Enso is an information security startup that offers an application security posture management solution.
Investors: Jump Capital, YL Capital and others.

Location: Tel Aviv, Israel.

🇮🇳 India - $12m

Dukaan Logo

Raised: $6m (Seed)
Category: E-Commerce, Software, DIY
Description: Dukaan operates as a platform that enables small merchants to set up online stores. 'Very simple tools to grow your business'.
Investors: Matrix Partners India, Lightspeed Partners India, Ryan Hoover and others.

Location: Mumbai, India.

WareIQ Logo

Raised: $6m (Seed)
Category: E-Commerce, Logistics, SupplyChain
Description: WareIQ offers Amazon-like next-day delivery for eCommerce companies in India.
Investors: Y-Combinator, FundersClub, SomaCapital, Pioneer Fund and others.

Location: Mumbai, India.

🇫🇷France - $1.6m

Beam Logo

Raised: $1.6m (Seed)
Category: Internet, Software, Productivity,
Description: Beam is creating an app that will automatically generate notes summing up and classifying the knowledge they'd gathered while browsing. These notes could ultimately be shared with other Beam users to help enrich.
Investors: Spark Capital, Alven, Tiny Capital, C4 Ventures and others.

Location: Paris, France.