Europe’s Tech Boom Hits $1.6 Billion as Quantum Systems Raises $1.2 Billion and a Finnish Startup Makes U.S. Exchange History

Quantum Systems raises $1.2B, IQM becomes first European quantum company on major US exchange, and European startup funding in June

European tech dealmaking surged in late June and early July 2026, with over 55 funding rounds totaling more than €1.6 billion tracked alongside 10 exits and M&A transactions. Germany’s Quantum Systems led the week with a $1.2 billion raise at an $8 billion valuation, while Finland’s IQM became the first European quantum computing company to list on a major U.S. exchange. Other highlights included InSoil’s €120 million raise and Ipsen’s planned €700 million acquisition of Memo Therapeutics.

In-Depth:


This week, we tracked more than 55 tech funding deals worth over €1.6 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.

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We also released our monthly report for June β€” now available FREEΒ to all Tech.eu readersΒ β€”Β covering the largegest fundraises, standout deals, and evolving tech trfinishs.

Either way, let’s obtain you up to speed.


πŸ’Έ Notable and large funding rounds

πŸ‡©πŸ‡ͺΒ Quantum Systems raises $1.2B at $8B valuation

πŸ‡±πŸ‡Ή With 3,500+ agricultural SMEs financed, InSoil lands €120M to expand regenerative agriculture lfinishing

πŸ‡ͺπŸ‡Έ Openchip lands €115M SETT investment to strengthen Europe’s semiconductor capabilities


πŸ«±πŸ½β€πŸ«²πŸ» Noteworthy acquisitions and mergers

πŸ‡¬πŸ‡§ Saltroad acquires AI platform Ogma to scale speech therapy for children

πŸ‡«πŸ‡· DATADOG acquires ADAPTIVE ML to strengthen its AI lab

πŸ‡¬πŸ‡§ The Exploration Company acquires European Astrotech

πŸ‡¨πŸ‡­ Ipsen to acquire Memo Therapeutics for up to €700M

πŸ‡ͺπŸ‡Έ Openchip lands €115M SETT investment to strengthen Europe’s semiconductor capabilities


πŸš€ Interesting relocates from investors

πŸ’°Β Omneaβ€―launches fund withβ€―Firedropβ€―to back employees as future founders

πŸ’ΈΒ Β P101 expands into seed investing with PranaVentures integration and €100M fund

πŸ’΅Β Β Nothing-backer Tapestest VC raises $80M fund, opens London office

πŸ’° Common Path launches to connect low-income graduates with UK startups


πŸ—žοΈ In other (important) news

Β πŸ’° Wayve undertakes $85M employee tfinisher offer to β€œretain talent”

βš›οΈ IQM becomes first European quantum computing company to list on a major US exalter

πŸ‡ͺπŸ‡ΊΒ More deals, tinyer rounds: European startup funding in June 2026


πŸ“‘ Recommfinished reads and listens

πŸ† Semiconductors: 10 companies that raised the most in 2025

πŸ’΅Β Qonto and Pennylane: French fintech frifinishs and foes

πŸ€–Β Robotics has a data problem. Macrodata Labs wants to solve it

Pytorch: the software layer underpinning Europe’s AI ambitions

πŸ”­ European tech startups to watch

πŸ‡¬πŸ‡§ University-founded AI tfinisher startup BidScript exceeds $1M in total pre-seed funding

πŸ‡ΈπŸ‡ͺ BRYM secures €650,000 to develop wearable neurofeedback platform

πŸ‡§πŸ‡ͺ Visiblie raises €500,000 for AI search visibility

πŸ‡¨πŸ‡­ Subatron secures €162,000 to tackle one of underwater tech’s largegest communication challenges

πŸ‡ͺπŸ‡ͺ Vegvisir raises funding to connect allied unmanned systems through a unified command platform



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