This week we tracked more than 70 tech funding deals worth over €1.4 billion, and over 15 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week’s top financials, we’ve also indexed the most important/industest-related news items you required to know about.
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
???????? EV charge point operator Electra secures €433M green loan, surpasses €1B in total funding
???????? Zenobē secures €325M to boost EV fleets across Europe
???????? Xelix secures €137M to eliminate invoice fraud and overpayments with agentic AI
???????? Sunsave raises £113M to scale UK’s first solar subscription service
???????????????? Noteworthy acquisitions and mergers
???????? French recruitment startup asap.work acquires JUST CONSTRUCTION to accelerate US expansion
???????? Rail-Flow acquires Simply Deliver to build finish-to-finish digital logistics ecosystem
????????Blockstream acquired digital asset company Elysium Lab
???????? London MedTech Vicebio to be acquired by Sanofi in £1.2B deal
???? Interesting shifts from investors
???? Auxxo announces €26M first close of Female Catalyst Fund II
???????????????????????????? New investors flock to Scottish startup scene
???????? Spain invests 20 million in the Portuguese technology fund Armilar
????️ In other (important) news
???????? Invest Europe: European private capital hits €1.25T in 2024, growing 2.6x over the decade
???? Lovable becomes quickest software company ever to reach $100M ARR
???????? Osapiens invests €35M in UK expansion, creating 150+ high-skilled jobs
???? SilMach to equip French armed forces with smart ballistic plate sensors
???? Recommfinished reads and listens
???????? Chronic underfunding of open source software poses strategic risk to Europe’s digital sovereignty
???????? UK urged to set standards for startup accelerators
???????? Rebuilding through innovation: Ukraine’s tech transformation
???????? Source, the A startup led by 18-year-old Liam Fuller, secured $1.4M pre-seed
???????? Powering the front lines: startup PowerUP launches campaign to sfinish hydrogen generator to Ukraine
???? European tech startups to watch
???????? Metly raises €520,000 in a pre-seed round to accelerate pharma product launches with AI
???????? Aircap raises €500,000 to lead risk and cash flow management for private assets
???????????????????????????? Nuuri raises £275,000 pre-seed to simplify nursery search and enrolment in the UK
???????? Jaipur Robotics raised €153,000 to boost waste-to-energy gains with AI vision
???????? Kondor raises pre-seed investment to tackle industrial energy waste
