European tech weekly recap: More than 70 tech funding deals worth over €3.9B
Last week, we tracked more than 70 tech funding deals worth over €3.9 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.
Tamara Djurickovic19 minutes ago
Last week, we tracked more than 70 tech funding dealsworth over€3.9 billion and over 5 exits, M&A transactions, rumours,and related news stories across Europe.
📊 The top three industries that raised the most were cloud (€2.95 billion), cleantech (€193.6 million), and energy (€186.1 million). At the country level, 🇬🇧 the UK took first place (€3.1 billion), followed by 🇸🇪 Sweden (€305.8 million) and 🇩🇪 Germany (€215.1 million).
❗ Be sure to check out the Tech.eu Funding Explorer, free and open to everyone, for deeper insights into funding data, investor activity, company profiles, and market trends. Now, let’s get you up to speed on everything that happened last week.
Have a great week!
Funding deals by amount
- UK: Nscale raises $3.36B in pre-IPO financing to accelerate full-stack AI cloud expansion
- GERMANY: Reverion raises €154M and plans to hire 800 people in a new factory
- SWEDEN: Micromobility company Voi secures €150M RCF to redeem outstanding bonds and scale its fleet
- DENMARK: Onomondo raises €100M+ to scale its global IoT infrastructure
- DENMARK: Breye Therapeutics raises €67.5M to advance oral therapies for early treatment of retinal diseases
- SWEDEN: AnaCardio raises €62.5M in Series B funding
- UK: Metaview raises $60M in Series C funding
- SWEDEN: Material startup Papershell raises €40.3M to advance paper-based technology
- ITALY: Biotech Aptadir Therapeutics raises $45M seed round
- SWEDEN: Trustly receives $40M equity commitment from key shareholders
- UK: Reactive Technologies secures €19M EIB financing to strengthen Europe’s power grids
- GERMANY: Restate raises $20M
- GERMANY: Everphone secures €15M to finance new devices for corporate customers
- SWEDEN: Machine fitness tracker IPercept raises $16.5M
- ITALY: Complaion raises €13.5M to simplify compliance for European SMEs
- FRANCE: Inbolt raises €11M to bring real-time vision and intelligence to industrial robots
- FRANCE: Rayon raises €10M Series A to expand AI-powered interior design platform
- UK: eEnergy Group plc <a href="https://businesscloud.co.uk/news/eenergy-group-plc-raises-6-3m-to-pay-overdue-creditors/” rel=”nofollow noopener” target=”_blank”>raises £6.3M to pay overdue creditors
- GERMANY: Kuro <a href="https://www.eu-startups.com/2026/10/berlin-based-kuro-raises-e10-million-to-build-the-ai-foundation-for-general-contractors/” rel=”nofollow noopener” target=”_blank”>raises €10M to build the AI foundation for general contractors
- UK: Foundational secures £8.2M pre-seed as it emerges from stealth
- UK: Zenithon raises $10M to build world models for extreme physics
- UK: Promenaut raises $8.9M in total funding
- GERMANY: Deepslate secures €7.7M for its European voice AI platform
- SPAIN: PERPTools raises $8M in funding
- FRANCE: GRANEET raises €7M to make electronic invoicing the entry point for its construction site ERP system
- FRANCE: Marble raises €6.5M to automate fraud and AML compliance with its no-code, open-source platform
- UK: Something & Nothing raises $6.4M in funding
- SWITZERLAND: FOOD FOUNDERS Studio raises €4M to build foodtech companies
- PORTUGAL: Granite raises €4M to bring its agentic cloud infrastructure to market
- BELGIUM: Construction tech Spotable raises €4M for international expansion
- GERMANY: Amara secured €3.7M pre-seed investment
- NETHERLANDS: Preventive healthtech Blue Health Intelligence raises €3.4M to expand across Europe
- FRANCE: One Biosciences receives €3.3M in non-dilutive public funding
- BELGIUM: NOX Energy raises €3M to become the SWIFT of energy flexibility for Europe’s homes
- PORTUGAL: FRANK raises €2.9M to cut paperwork for insurance brokers
- PORTUGAL: Humanos raises $3.2M to build risk infrastructure for AI agents
- FRANCE: Voltaback raises €2.8M to scale EV charging reimbursement across Europe
- GERMANY: Cotierra raises $3M to scale decentralised biochar across tropical agriculture
- UK: AI sales startup Revnu raises €2.6M to build team and accelerate international growth
- LITHUANIA: Blackswan Space raises €2.5M to take autonomous spacecraft navigation into orbit
- POLAND: autoMEE has closed a €2.3M seed round
- AUSTRIA: Former Woom CEO and existing investors contribute €2.25M in Froots
- GERMANY: Ahron raises €2.2M to automate HR processes with AI
- UKRAINE: Hostile threat warning startup Osavul raises €8.5M
- BULGARIA: OfficeRnD Founder’s 1club raises €2.2M seed round
- FINLAND: KHOY raises €2M to take its vacuum-packed sofa beds across Europe and the US
- FRANCE: Joe AI raises €2M to automate customer relations in the real estate sector
- LUXEMBOURG: ANote Music raises €2M to transform music royalties into an accessible asset class
- DENMARK: From six engineering students to 10M users: Tryp.com raises €1.9M
- UKRAINE: DOD Solution raises €1.8M to scale AI autonomy for unmanned systems
- SWEDEN: Fintech startup EQL Global secures €1.8M and partners with Replit to challenge US finance data giants
- SWITZERLAND: Bee People secures €1.4M
- SWEDEN: Cellink founders raise €1.2M for Aventix
- GERMANY: The business angel network Companisto is investing €1.2M in Pakajo
- FRANCE: EDISON AI raises €1M to help SMEs move from testing AI to profitable AI
- ITALY: Qsensato secures a €1M SAFE funding round for its deep-tech sensors
- GERMANY: Atlantic has invested $1.1M in Flocta
- TURKEY: M-Based, which develops mushroom-based alternative materials, has received approximately $700,000 in investment
- ESTONIA: ‘Shopify of mobile apps’ bilt.me raises $700,000 to turn ideas into mobile businesses
- DENMARK: Sovera Security secures €535,000 from EIFO to build sovereign AI cybersecurity
- ITALY: Billding helps customers save on their bills and secures a €530,000 funding round
- ROMANIA: Kyndred raises €500,000 from Early Game Ventures to build AI companions
- SWITZERLAND: RheoCarti awarded €158,500 to advance hydrogel-articulated joint implants
- UKRAINE: M-Fly closes new funding
- DENMARK: Good Tape raises fresh funding and launches Explore to uncover stories buried in old interviews
- GERMANY: EU backs spotixx
- GERMANY: Motorsport legend Helmut Marko invests in Lebensstimmen (Voices of Life)
- GERMANY: EMERAM is investing a double-digit million euro sum in hello again
- GERMANY: Christian Lindner is investing in Ginmon
- GERMANY: The Hansmann Family Office is investing in 3Folio
Exits and M&A activity
- CROATIA: Croatian RPA platform Robotiq.ai to be acquired by Indian HCLSoftware
- UK: Lottie snaps up CareMaster as AI push moves deeper into care operations
- UK: AI study platform StudyStash acquired by Kortext after rapid global expansion
- UK: AI study platform StudyStash acquired by Kortext after rapid global expansion
- FRANCE: Airbus has acquired French cybersecurity company Quarkslab
- AUSTRIA: DHL subsidiary acquires Salzburg-based parcel station provider myflexbox
- SWITZERLAND: German measurement technology group acquires IoT specialist akenza
- SWITZERLAND: Project Eleven acquires Riva Labs to expand post-quantum research and engineering
- AUSTRIA: The American AI company Sprouts.ai is acquiring Vienna-based company StartUs Insights
Would you like to write the first comment?
