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This week, we tracked more than 60 tech funding deals worth over €2.3 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.
This week, we tracked more than 60 tech funding deals worth over €2.3 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.
This week we also launched our monthly report for October with the biggest fundraises, standout deals, and evolving tech trends.
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❗ Want to explore the data in more detail? The free, open-access Tech.eu Funding Explorer offers deeper insights into funding rounds, investor activity, company profiles and market trends.
Either way, let’s get you up to speed.
💸 Notable and big funding rounds
🇬🇧 Defencetech UFORCE raises $700M Series A at $6B valuation
🇩🇪 SoftBank leads $500M funding round in Agile Robots
🇳🇱 Onodrim Industries hits $1.3B valuation with $300M Series A to strengthen European defence
EIC Scaling Club companies raise €4B, outpacing European deeptech peers
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇺🇦 Elomia Health acquires Earkick to expand AI mental wellbeing platform
🇨🇭 WeRoad acquires Swiss TravelTribe as it targets €70M in M&A-driven growth
🇫🇮 Peter Sarlin’s PostScriptum acquires majority stake in Brillian to accelerate global growth
🚀 Interesting moves from investors
💸 LEA Ventures goes independent to turn Europe’s industrial strength into startup success
💰 Mistral and n8n backer Redalpine closes $250M fund
💵 Too much research, too few startups: Noctua raises €15M to close Austria’s deeptech gap
🗞️ In other (important) news
🇪🇺 European tech startups raise €6B in October as healthtech leads investment
🇺🇸 European scaleups score 86/100 for commercial strength but just 17/100 for US readiness
🇪🇺 European Commission unveils five measures to boost angel investment across Europe
🇪🇺 EIC Scaling Club companies raise €4B, outpacing European deeptech peers
📡 Recommended reads and listens
💰 “We need to be in San Francisco to win in Europe,” says Spotify and Lovable backer
🤖 The future of frontend starts with the design system
🇪🇸 Inside Biscay’s startup ecosystem: Industrial strengths, public investment, and deeptech ambition
🔭 Spacetech: Europe’s 10 most-funded companies in H1 2026
🤖 Bull’s €80M factory expansion puts European supercomputing and startups in the spotlight
🔭 European tech startups to watch
🇷🇴 Edtech company Kinderpedia raises €2.7M to accelerate international expansion
🇩🇪 Opdo raises $2.3M to automate optical engineering with AI
🇬🇧 Former British Army intelligence operators’ Crowd Threat raises £1M to expand global threat intelligence
🇺🇦 From sleeping on a Kyiv factory floor to €1M funding, Valkyrie Dynamics takes on drone warfare
🇨🇭 Vale Biolabs receives €164K from Venture Kick to advance brain disease research