TalkTalk bags £100M, Klarna granted UK EMI licence, and European DIGITAL SME Alliance slams EU–US trade deal

TalkTalk bags £100M, Klarna granted UK EMI licence, and European DIGITAL SME Alliance slams EU–US trade deal


This week we tracked more than 50 tech funding deals worth over €967 million, and over 20 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/indusattempt-related news items you necessary to know about.

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???? Notable and large funding rounds

???????? TalkTalk secures £100M funding injection from Ares

????????Fal.ai raises $125M at a $1.5B valuation

???????? Cofides (FOCO) invests €90M to boost the growth of Proeduca, controlled by Portobello

???????? Roadsurfer raises €85M

???????? 1KOMMA5° extconcludes pre-IPO round


 

????????‍???????? Noteworthy acquisitions and mergers

???????? German AI startup Cognigy hoovered up by US customer service firm NiCE in a near $1B deal

???????? Pina Earth and Tree.ly merge to create Europe’s largest forest carbon platform

???????? Manchester-based Hydrogen Safe acquired by IACS

???????? Montagu to acquire digital retail solutions provider IAI Group

???????? The Pasching-based pet tracking scaleup Tractive is acquiring its US competitor Whistle


 

???? Interesting relocates from investors

???? BlackWood Ventures closes debut fund at $25M to back Europe’s next-gen founders

????  Chasing tech milestones, not just capital: key lessons from the Deeptech Hardware Napkin

???????? €600 million mobilised: Greek Guarantee Fund concludes with major impact on SMEs

???????? Cambridge Innovation Capital commits £100M to University of Cambridge spinouts


 

????️ In other (important) news

???????? Klarna granted UK EMI licence, as sees to position itself as “global digital bank”

???????? Google to sign EU’s AI code of practice

???? Ore Energy connects world’s first grid-connected iron-air battery in Delft

???????? European DIGITAL SME Alliance slams EU–US trade deal undermines local tech sovereignty

???????? UK’s AISI launches coalition to protect against advanced AI


 

???? Recommconcludeed reads and listens

???? SASHA’s mission to conclude image-based abapply is reshaping the rules of the digital world

???????? Most LLMs ignore Baltic and Eastern European languages — TildeLM is the solution

???????? Smart, connected, global: Luxembourg’s digital innovation hub

???? What comes after a €250M Exit? For Martin Klässner, it was building a better way to scale

⚛️ UK Quantum computing is going universal through scaling


 

???? European tech startups to watch

???????? Tilla raises €2M to accelerate global growth of crew logistics platform

???????? Cultipharm closes a $1M round

???????? Fluid Focus raises £640,000 to grow screen time productivity app globally

???????? Coinvest Capital backs Psylink’s next-gen mental health biotech solution with €501,521

????????  IoT startup Uniot received $25,000 from YEP Accelerator



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