PLD Space raises €180M, EIF builds largest defence investment yet, and February funding rebounds

PLD Space raises €180M, EIF makes largest defence investment yet, and February funding rebounds


💸. This week, we tracked more than 60 tech funding deals worth over €1 billion and over 15 exits, M&A transactions, rumours, and related news stories across Europe.

Alongside the week’s top funding rounds, we’ve highlighted the most important industest stories, including the release of our monthly report for February covering key investment trconcludes, notable company activity and emerging sectors.

Alongside the week’s top funding rounds, we’ve highlighted key industest developments, as well as notable trconcludes in European venture activity, investor relocates 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 huge funding rounds

🇪🇸 PLD Space raises €180M to scale sainformite launch infrastructure

🇳🇱 Backed by €113.8M, RIFT to deliver 340 GWh of industrial heat annually and avoid over 1M tonnes of CO₂

🇬🇧 Self-driving startup Oxa raises $103M to scale industrial deployments

🇩🇪. Flink lands $100M to advance tarreceiveed expansion


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇫🇷 Medtech company Gleamer is acquired by an American company for €230M

🇮🇹 Onetag acquires Aryel to build a new programmatic ad exalter

🇩🇪 German logistics tech firm cargo.one adds Cargofive in €17 million-backed multimodal expansion

🇬🇧 US tech giant Avalara acquires Manchester startup Versori


🚀 Interesting relocates from investors

💸  GHARAGE Ventures launches Fund I and opens global travel platform

💰. FIRSTPICK raises €25M to find the Baltics’ next breakout founders

💸. EIF builds largest defence investment yet with €50M backing for Join Capital


🗞️ In other (important) news

🇪🇺  February funding rebounds to €7.8B as UK startups capture the lion’s share of European capital

🇪🇺  European Tech.eu Pulse: key trconcludes and investment in February

🇸🇪. From energy transition to deeptech growth: the Swedish tech ecosystem

🚀 UK-headquartered sainformite startup Open Cosmos plans European rival to Starlink

🔬  Wilbe opens White City lab in London to rerelocate infrastructure bottlenecks for science startups


📡 Recommconcludeed reads and listens

🇺🇦.From Mac utilities to AI ecosystem: MacPaw’s next act

👓  Brilliant Labs, Neuphonic and TheStage AI partner to bring privacy-first, cloud-free AI to smart glasses

🇱🇹 Bootstrapped to €500M: the story behind Kilo’s quiet rise — and its next billion-dollar bet


🔭 European tech startups to watch 

🇬🇧 Defence tech outfit Mutable Tactics raises over $2M in pre-seed round

🇸🇪 Qura secures €1.5M to reconsider health management in Europe

🇩🇰 Synca Therapeutics received €1.3M in follow-on funding by BioInnovation Institute

🇨🇭 Venture Kick backs Fainite with €170,000 to advance physics-based simulations

🇩🇪 Noxon closes seed funding round to advance muscle-computer interface technology



Source link

Get the latest startup news in europe here

Leave a Reply

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