Additive Drives Secures Double-Digit Million Euro Funding Round
Deal monitor highlights significant investments in DACH startups. Cannabis firm Enua closes €25 million debt round. Additive Drives announces multi-million euro investment. Lanes & Planes and enclaive also secure substantial funding.
A February deal monitor revealed four major investment rounds in German startups across diverse sectors. Enua, a cannabis research and distribution company established in 2018, secured €25 million in debt financing from Deutsche Bank, supporting its expansion to over 1,000 partner pharmacies with €50 million annual revenue.
Additive Drives, a Dresden-based greentech company developing advanced electric motors, received multi-million euro funding from Nordic Alpha Partners and AM Ventures, building on AM Ventures' previous €1.5 million investment. Lanes & Planes, a Munich-based B2B SaaS platform for business travel, obtained growth debt financing from BBVA, complementing its previous €50 million in total funding.
enclaive, a Berlin-based confidential computing startup, raised €4.1 million to expand its multi-cloud data protection platform.
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