20 C
London
HomeTechEleven Labs expands Series D to $550M+, DeepL to axe 250 staff,...

Eleven Labs expands Series D to $550M+, DeepL to axe 250 staff, and key trends and investments in April

This week, we tracked more than 65 tech funding deals worth over €1.4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

This week, we tracked more than 65 tech funding deals worth over €1.4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

This week, we tracked more than 65 tech funding deals worth over €1.4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

april2026-short-featured-199

We also released our monthly report for April (paid subscriber and free versions) 

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 get you up to speed.

💸 Notable and big funding rounds

🇬🇧  ElevenLabs adds BlackRock, Nvidia and Jamie Foxx to $550M+ Series D

🇳🇱  QuantWare secures €152M for large-scale quantum systems

🇬🇧  Quantum outfit Quantum Motion run on silicon chips raises $160M

🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇳🇱 Quantum Machines acquires QHarbor and opens Delft office to deepen European quantum footprint

See also
Europe’s tech rebounds to €21B in Q3 2025 — but fewer deals signal a more selective market

🇩🇰 Getaround Europe and GoMore merge to create Europe’s largest peer-to-peer carsharing network

🇳🇱  Netradyne acquires Moove Connected Mobility to scale AI-powered fleet intelligence across Europe

🚀 Interesting moves from investors

⚛️  Renaissance Philanthropy reshapes science funding with a new model for innovation

💵  British Business Bank commits £1m to tackling gender funding gap

🗞️ In other (important) news

🇪🇺 Europe’s first drone procurement hub targets faster defence deployment

🇪🇺 European Tech.eu Pulse: key trends and investment in April (free report)

🇩🇪 German AI translation startup DeepL to axe 250 staff

📡 Recommended reads and listens

🇪🇺 RSI Europe skipped the crowded drone race — and it paid off

🩺 Healthtech: 10 companies that raised the most in 2025

🔋  Europe’s second chance: The rise of a new battery ecosystem

🔭 European tech startups to watch 

🇵🇱  Elastics secures $2M pre-seed to build AI agents for prediction markets

🇩🇪  Mobility Signage secures €1.8M to unify public transport IT

🇧🇪  Maurice & Nora raises €1M to address rising care demand

🇩🇪  ENVIOTECH raises €1M pre-seed for smart street lighting

🇸🇪 Detecht lands €395,000 to grow global motorcycle platform

Latest news
Related News