This week we tracked over 65 tech funding deals totaling over €685 million, 5+ exits, M&A deals, rumors and related news across Europe.
In addition to the top financial news for the week, we’ve also indexed the most important industry-related news items you need to know.
If you prefer email, you can always subscribe to our newsletter and get a more robust version of this roundup delivered to your inbox.
Either way, we’ll keep you updated.
💸 Notable large funding rounds
🇳🇱 RE&UP Recycling Technologies secures €70 million from Proparco to advance circularity in the fashion and textile industry
🇨🇭 H55 completes €67.7 million Series C funding
🇪🇸Traveltech Exotica secures €60 million in Series D
🇱🇺 Gcore secures $60M for advanced edge AI and cloud solutions
🫱🏽🫲🏻 Notable acquisitions and mergers
🇩🇪 Salesforce acquires Berlin-based AI startup Spoke.ai
🖥️ Middleground Capital launches voluntary tender offer for computer vision company
🇦🇹 Assa Abloy acquires SkiData
🇵🇱 UniCredit acquires Vodeno
🚀 Interesting developments from investors
💸 Lead Ventures launches €100 million fund for CEE startups
🚀 Tech venture capital firm Molten Ventures announces new £180m financing facility
💻 Biovance Capital Partners announces launch of biotech fund with initial close of €51 million
🐄 FoolFarm increases capital by 2.55 million euros
🗞️ Other (important) news
🕸️ Inrupt’s Data Wallet makes Sir Berners-Lee’s dream of data ownership a reality
💸 Cash App to pull out of UK as global expansion is deprioritized
💰 Revolut finally receives UK banking license
⭐”There may have been some instability,” Techstars’ CEO said in response to criticism of the company culture.
📡 Recommended reading and listening material
🇬🇷 Greece: From ancient roots to modern heights
🏳️🌈 Beyond the Swipe: How Cosmic Latte Developed a Safe and Dynamic Dating App for the LGBTQ+ Community
🚒 How Fotokite’s tethered drones give emergency responders instant aerial intelligence
🎒 Berlin-based startup school with teaching methods dating back to Socrates
📦 Reuse, Remanufacture, Reinvent: Startups Leading the Future of Materials Innovation
🔭 European tech startups to watch
🇮🇪 Schippio secures 540,000 euros for queue management
🇨🇭 Amporin Pharmaceuticals secures €157,000 to treat degenerative diseases
🇦🇹 Syntropic Medical secures €1.1 million to treat drug-resistant depression
🇪🇪 Estonia’s Enty raises €700,000 seed funding for financial SaaS
🇮🇪 Irish analytics company INQDATA secures £750,000
🇬🇧 Pensions fintech Jarvis secures £1.8m to help inform when it’s time to retire
