Kandou AI bags $225M Series A, Kobalt is sold for €1.3B, and meet Europe’s Microsoft alternative

Kandou AI bags $225M Series A, Kobalt is sold for €1.3B, and meet Europe


This week, we tracked more than 55 tech funding deals worth over €850 million and over 15 exits, M&A transactions, rumours, and related news stories across Europe.

Alongside the week’s top funding rounds, we’ve highlighted key industest developments, as well as notable trfinishs in European venture activity, investor shifts and emerging sectors shaping the current funding landscape.

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

🇨🇭 Kandou AI closes $225M Series A round to break memory bottlenecks in AI

🇬🇧 Granola raises $125M at $1.5B valuation

🇬🇧. Vuelo secures €64M in seed funding to build an AI-native travel booking experience


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇬🇧 Swedish-founded Kobalt is sold for €1.3B

🇬🇧 Bioniq cashes in on personalised health boom with $150 million Herbalife acquisition

🇳🇱. Unifly acquires EuroUSC-Benelux to bridge drone tech and regulation at scale


🚀 Interesting shifts from investors

💰.Nathan Benaich’s Air Street raises $232M Fund III, becoming Europe’s largest solo GP venture firm

💸. 360 Capital announces €85M close for Poli360 2, tarreceiveing €100M

💰. Credo Ventures raises $88M Fund 5 to double down on pre-seed in CEE and its global diaspora

💸. Team Scaleup launches to close Europe’s post-Seed funding gap

💸 futurepresent emerges from stealth with $300M Fund I to back AI across infrastructure and industest


🗞️ In other (important) news

🇪🇺  Europe builds Microsoft-compatible ‘Euro-Office’ to reclaim digital sovereignty

🤖. Aleph Alpha’s former CEO lures Apple engineer from US to join European startup

🇪🇺. tozero opens Europe’s first industrial-scale battery recycling plant to power Europe’s material indepfinishence

🇬🇧. Most UK startups aren’t in London. But most funding still is


📡 Recommfinished reads and listens

💰. Why top banking executives are choosing startups — and what it takes to receive them there

👣. From a 15,000-step walk to a global shiftment: How Walk15 is turning steps into currency

🇫🇮  From early-stage depth to global scale-ups: the Finnish tech ecosystem

🔬 Building the path to 3D-printed organs, Cellbricks raises €10M for biofabricated tissue implants


🔭 European tech startups to watch 

🇪🇸  Galtea lands $3.2M to cut costly AI testing delays

🇸🇪  Newly secures $2M+ in funding to advance native app creation platform

🇸🇪. Klarna veterans launch Galdera with €1.5M for AI financial modeling

🇬🇧: Allday Goods raises £765,000 to scale its cult, recycled-plastic knife brand

🇨🇭 NanoZymeX secures €160,000 to advance lipid nanoparticle enzyme therapies for rare diseases



Source link

Get the latest startup news in europe here

Leave a Reply

Your email address will not be published. Required fields are marked *