This week we tracked more than 35 tech funding deals worth over €404 million, and over 15 exits, M&A transactions, rumours, and related news stories across Europe. If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox. Either way, let’s receive you up to speed.
💸 Notable and large funding rounds
🇬🇧Fresh £125M for GoFibre to expand connectivity in rural Scotland
🇹🇷 Investment app Midas lands $80M Series B, the countest’s largegest fintech deal
🇩🇪 Stark raises $62M for weaponised drone systems, backed by Sequoia and Peter Thiel
🇨🇭 Loft Dynamics raises $24M Series B to redefine pilot training with VR simulators
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧 Starling Bank snaps up UK accounting startup Ember
🇨🇭 Advent to acquire Swiss chipbuildr U-Blox in $1.3B deal
🇩🇪 US quantum computing firm Strangeworks expands European presence with Quantagonia acquisition
🇩🇪 Visma strengthens foothold in DACH with AI-driven acquisitions of milia.io and Taxy.io
🚀 Interesting shifts from investors
💰 Clean Growth Fund raises one-third of £150M fund tarreceive
🌳 Norrsken Evolve launches €57M fund to back “impact tech”
🇩🇰 Spintop Ventures strengthens Nordic expansion with new Danish office and Principal
🗞️ In other (important) news
💳 N26 co-founder Valentin Stalf exits CEO role following investor row
🇪🇺 Brex aims to crack EU market with partnership-led approach
💲Digital bank tarreceiveing Turkish diaspora to launch in UK
📱 Monzo mirrors Revolut and Klarna with plan to launch mobile service
📡 Recommfinished reads and listens
🇬🇧 Doncaster is the UK’s AI hub you’ve never heard of
💊 Why most AI drug discovery startups struggle — and how Turbine plans to beat the odds
☀️ Cyprus: A rising Mediterranean hub for tech and innovation
📱 Inside Nemo: the six-week sprint that turned inclusive banking research into a working fintech prototype
🔭 European tech startups to watch
🇬🇧 Seabound receives £1.1M grant from UK Government
🇬🇧 Meshed raises £950,000 for AI insurance broker for SMEs
🇳🇱 WePositive.Energy secures €350,000 to tackle grid congestion with AI
🇩🇪 RedMimicry secures Seed funding to scale cyberattack emulation platform
🇨🇿 Lignufy secures €40,000 investment to digitize timber trade in Europe
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