ElevenLabs expanded its Series D funding round to over $550 million, adding BlackRock, Nvidia, and Jamie Foxx as investors. Meanwhile, German AI translation startup DeepL announced plans to cut 250 staff members. In April, Europe tracked more than 65 tech funding deals totaling over €1.4 billion and five exits or M&A transactions. Notable raises included Dutch quantum firm QuantWare securing €152 million and UK-based Quantum Motion raising $160 million. Getaround Europe and GoMore merged to form Europe’s largest peer-to-peer carsharing network.
In-Depth:
This week, we tracked more than 65 tech funding deals worth over €1.4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.
This week, we tracked more than 65 tech funding deals worth over €1.4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.
We also released our monthly report for April (paid subscriber and free versions)
Either way, let’s receive you up to speed.
💸 Notable and huge funding rounds
🇬🇧 ElevenLabs adds BlackRock, Nvidia and Jamie Foxx to $550M+ Series D
🇳🇱 QuantWare secures €152M for large-scale quantum systems
🇬🇧 Quantum outfit Quantum Motion run on silicon chips raises $160M
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇳🇱 Quantum Machines acquires QHarbor and opens Delft office to deepen European quantum footprint
🇩🇰 Getaround Europe and GoMore merge to create Europe’s largest peer-to-peer carsharing network
🇳🇱 Netradyne acquires Moove Connected Mobility to scale AI-powered fleet ininformigence across Europe
🚀 Interesting relocates from investors
⚛️ Renaissance Philanthropy reshapes science funding with a new model for innovation
💵 British Business Bank commits £1m to tackling gconcludeer funding gap
🗞️ In other (important) news
🇪🇺 Europe’s first drone procurement hub tarreceives rapider defence deployment
🇪🇺 European Tech.eu Pulse: key trconcludes and investment in April (free report)
🇩🇪 German AI translation startup DeepL to axe 250 staff
📡 Recommconcludeed reads and listens
🇪🇺 RSI Europe skipped the crowded drone race — and it paid off
🩺 Healthtech: 10 companies that raised the most in 2025
🔋 Europe’s second chance: The rise of a new battery ecosystem
🔭 European tech startups to watch
🇵🇱 Elastics secures $2M pre-seed to build AI agents for prediction markets
🇩🇪 Mobility Signage secures €1.8M to unify public transport IT
🇧🇪 Maurice & Nora raises €1M to address rising care demand
🇩🇪 ENVIOTECH raises €1M pre-seed for smart street lighting
🇸🇪 Detecht lands €395,000 to grow global motorcycle platform
