Contents
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.
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
🇬🇧 Nscale secures $790M financing to underscore commitment to Norway data centre
🇬🇧 Recursive Superintelligence emerges from stealth with $650M raise
🇩🇪 N8N’s valuation doubles to $5.2B following SAP strategic investment
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇹🇷 Glocalzone acquired by MovitOn to expand decentralised logistics network
🇬🇷 Blackstone acquires Greek market leader Skroutz
🇮🇹 Superprof acquires its Italian rival
🚀 Interesting moves from investors
💵 BioInnovation Institute launches AI Lab with €7M from Danish Industry Foundation
💸 New Arāya Sie Fund closes at £7.5m to back female-led startups
💸. Ofgem and Innovate UK launch £500m energy fund
🗞️ In other (important) news
🩺 Corti launches no-equity accelerator for healthcare AI startups
💪 Nordic Compass launches to fast-track Nordic resilience and industrial competitiveness
💸 Keel unveils fintech infrastructure business after pivot from neobank
📡 Recommended reads and listens
💵 Startup nsave is bringing international banking access to Syrians shut out of the financial system
🎮 Meet the startup taking on gaming’s cheating problem
🇵🇱 From outsourcing to AI-native delivery: Poland’s software evolution
🔭 European tech startups to watch
🇮🇹 Gyver scores €1.4M to help power Europe’s industrial workforce
🇩🇪 Regulate raises €1.4M seed to bring science-backed breathwork into the workplace
🇸🇮 DDD Invoices raises €1.31M to simplify global e-invoicing compliance
🇧🇪 Holmes launches with €1.1M pre-seed for autonomous software testing
🇨🇭 Minima secured £780,000 in the form of a convertible loan