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↑Microbiotica €42.7M Series C round led by British Business Bank ↑Goodweek €10.7M funding round led by Adara Ventures ↑Qilimanjaro Quantum Tech €19.6M raises a Series A round ↑Ambio €5.1M Seed round led by Lifeline Ventures ↑Duvo €28.5M Series A round led by Balderton Capital ↑Salience Labs €111.4M Series B round led by Bullhound Capital ↑Wavo €10M funding round led by Eurazeo ↑Cofrai €2.6M funding round led by DFF Ventures ↑Undecimal Bio €16M Seed round led by 4BIO Capital ↑Obsero €1M Seed round led by SFC Capital ↑ParkMundo €2.3M Seed round led by Rabobank ↑Ubitium €12.5M Seed round led by Ibex Investors ↑Alchera Technologies €3.2M Seed round led by Maven Capital Partners ↑Sainaptic €1.2M funding round led by Brighteye Ventures ↑reebuild €3M Seed round led by Rise PropTech ↑Causa Prima €17.9M Seed round led by Base10 Partners ↑Affinity Labs €1.8M Pre-seed round led by Antler ↑Epyr €15M Series A round led by SlateVC ↑CarbonFarm €7M Series A round led by Colam Impact ↑CMR Surgical €358.1M funding round led by Stryker
Sesame Summit 2027
Sesamers
What VCs actually look for at seed
8 min

What VCs actually look for at seed

The fund maths behind every seed decision - why a reliable 3x gets rejected, what quality of demand really means, and the questions to ask investors back.

Stéphane Paillard · 28 Aug 2026
What percentage of startups fail? What the data actually says
8 min

What percentage of startups fail? What the data actually says

The "90% of startups fail" figure is untraceable - here is what the BLS and Dealroom data actually show, and why high attrition is the venture model working as designed.

Stéphane Paillard · 28 Aug 2026
Startup grants in Europe: the non-dilutive funding guide
8 min

Startup grants in Europe: the non-dilutive funding guide

The EIC Accelerator, national agencies and the long tail of European grant money - how to interleave grants with a raise, and the hidden costs nobody announces.

Stéphane Paillard · 28 Aug 2026
Startup dilution explained: what three rounds really cost founders
8 min

Startup dilution explained: what three rounds really cost founders

A worked example of what pre-seed, seed and Series A really do to founder ownership - plus the three traps that make dilution cost more than the headline numbers suggest.

Stéphane Paillard · 28 Aug 2026
SAFE vs convertible note vs BSA-AIR: startup instruments explained
9 min

SAFE vs convertible note vs BSA-AIR: startup instruments explained

How SAFEs, convertible notes and France's BSA-AIR actually work - caps and discounts with a worked example, the stacking trap, and the questions to ask before signing.

Stéphane Paillard · 28 Aug 2026
What is Series A funding? What it takes to raise one in Europe
9 min

What is Series A funding? What it takes to raise one in Europe

Series A investors buy a demonstrated growth machine, not promise - here is what European A rounds look like, what diligence interrogates, and what the round costs founders.

Stéphane Paillard · 28 Aug 2026
How to raise a pre-seed round in Europe
9 min

How to raise a pre-seed round in Europe

The mechanical guide to raising pre-seed in Europe: when to start, what to prepare, how to build the investor list, and how to close - calibrated against real round data.

Stéphane Paillard · 28 Aug 2026
What is a seed round? The European founder’s guide to seed funding
9 min

What is a seed round? The European founder’s guide to seed funding

A seed round funds the search for repeatable demand - here is what European seed rounds look like, what happens to your cap table, and the honest odds of reaching…

Stéphane Paillard · 28 Aug 2026
European accelerators and incubators: the complete guide
10 min

European accelerators and incubators: the complete guide

What accelerators, incubators and studios actually cost, why Europe's equity-free programmes change the maths, and how to evaluate any programme before you sign.

Stéphane Paillard · 28 Aug 2026
What is pre-seed funding? Cheque sizes, investors and how it works in Europe
9 min

What is pre-seed funding? Cheque sizes, investors and how it works in Europe

Pre-seed funding is the first outside capital a startup raises to prove the team and the problem - here is what European rounds look like, who writes the cheques, and…

Stéphane Paillard · 28 Aug 2026
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