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Nscale raises $2B, Legora makes first acquisition, and the 28th regime in trouble?

This week, we tracked more than 85 tech funding deals worth over €4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

This week, we tracked more than 85 tech funding deals worth over €4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

Alongside the week’s top funding rounds, we’ve highlighted key industry developments, as well as notable trends in European venture activity, investor moves and emerging sectors shaping the current funding landscape.

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

🇬🇧 Nvidia-backed Nscale raises $2B, appoints Sheryl Sandberg, Nick Clegg to board

🇫🇷  Yann LeCun’s AI world model startup Advanced Machine Intelligence (AMI) raises more than $1B

🇸🇪  Legaltech Legora raises $550M Series D at $5.55B valuation to accelerate US expansion

🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇨🇦  Legora makes first acquisition, as it expands North America presence

🇫🇷  Energy Aspects to buy Paris-based Kayrros to add satellite and geospatial analytics capabilities

🇫🇮 ŌURA acquires Helsinki-based gesture-tech startup Doublepoint to expand wearable AI capabilities

🇸🇪  Expense management startup Ramp takes on rival Brex with European acquisition

See also
Tyten raises £750K to bring AI-powered automation to the global facilities management industry

🚀 Interesting moves from investors

💸 Deep Science Ventures launches new doctoral cohort to turn science into startups

💰. Elaia closes €134M fund DTS3 to back Europe’s next generation of breakthrough startups

💸.Samaipata launches €110M Fund III to back Europe’s next generation of AI-native startups

🗞️ In other (important) news

🚀 Here is what to expect at the Tech.eu Summit London 2026

🇪🇺. EU–INC campaign warns: Without a pan-European standard, founders will keep choosing Delaware

🇪🇺 February 2026’s top 10 European tech deals you need to know about

🇺🇦. Ukraine launches world-first programme giving startups access to real war data for AI training

📡 Recommended reads and listens

.🇪🇺. EIC Scaling Club companies double peer funding growth with 66% increase

🎧 Why the future of audio may be built on a semiconductor chip

🏭. This open-source bet is paying off as United Manufacturing Hub takes on industrial giants

🤖. Chipmaker Axelera AI hoping to benefit from European businesses wanting to run AI locally

🔭 European tech startups to watch 

🇬🇧 Hosel raises £500,000 pre-seed to create the ‘Vinted for golf’

🇩🇰. Vasuqi received €500,000 in convertible loan funding from BioInnovation Institute through Venture Lab programme

🇺🇦. Defencetech Black Forest Systems raises $400,000 to scale infantry drone platform

🇮🇪  SignaCor Therapeutics lands €288,000 investment as pat of €1.1M seed round

🇫🇮  Mental health startup Bliss raises $270,000 to build culturally intelligent AI for therapy

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