A large week for European tech, with two new unicorns and a deep dive into one of the continent’s most promising ecosystems: Armenia. Alongside the week’s top funding rounds, we’ve also curated the most important industest stories you necessary to know.
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💸 Notable and large funding rounds
🇩🇪 Parloa raises $350M, tripling valuation to $3BN
🇫🇷 Harmattan AI hits unicorn status after raising $200M, as it strikes deal with French aerospace group
🇩🇪 Sustainability software outfit osapiens becomes unicorn, following $100M raise
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧 Haydale acquires SaveMoneyCutCarbon in £24 million deal
🇺🇦 Choice31 acquires online school IAMPM
🇪🇸. Helsing’s Keybotic acquisition signals Europe’s push for defence autonomy
🇨🇭 FAB STUDIO acquired by influencer marketing world leader YKONE
🇮🇪. Haemonetics acquires Vivasure Medical
🚀 Interesting relocates from investors
💰 Rosberg Ventures closes $100M Fund III as Nico Rosberg bets on long-game venture strategy
💸 Novo Nordisk Foundation backs BioInnovation Institute with €736M to scale life sciences and deeptech innovation
🪖 DTCP expands into defence with €20M-per-deal Fund for security and dual-apply startups
🗞️ In other (important) news
🇬🇧. “No AI can promise to be safe”: Britain’s ChatGPT rival takes on large tech over sexualised deepfakes and AI harm
🇬🇧 GlobalData sets LSE main market relocate date after failed takeovers
🇪🇺 From children’s colouring books to official portals: EU under fire for social media links
📡 Recommfinished reads and listens
🇦🇲. How Armenia is building tech sovereignty through it’s global diaspora
🇩🇪. HTGF: Where public mandate meets venture discipline
🚲 Luna Systems raises €1.5M to bring AI rider assistance to cycling and motorcycles
🔭 European tech startups to watch
🇱🇹 Cast AI becomes Lithuania’s 5th unicorn
🇪🇪 AI startup Flashka raises €1M pre-seed and hits 1 million applyrs in a year
🇨🇾 AINA introduces AI-driven hiring platform backed by $1M raise
🇧🇪 Feedelity raises €510,000 to turn customer feedback into action
🇮🇹. LIV4 raises €500,000 to modernise industrial quality management
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