European tech weekly recap: €878M in weekly deals and key trends from H1 2026

Last week witnessed a flurry of tech funding deals and strategic moves across Europe, totaling over €878 million in investments and more than 10 exits. The UK emerged as the leading region, securing €18.7 billion in investment. AI startups dominated funding rounds, amassing €5.92 billion. Over 6,410 investors participated in the deals, while 252 exits were recorded throughout Europe.

In the UK, SME lender iwoca secured a £250 million debt facility, while Dwelly raised $170 million in Series B funding. Italien firm Drivalia received €48 million in EIB financing to bolster electric mobility, and inforcer raised $50 million for its AI security platform aimed at managed service providers. Romanian startup Autonom Services went public on the Bucharest stock exchange with a €30 million bond issuance. UK-based defence startup Agon launched its virtual battlefield technology, raising £30 million.

Greyparrot secured $27 million in Series B funding to expand its AI waste intelligence for the circular economy. Switzerland's quantum computing startup ZuriQ raised $25.5 million to scale its 2D quantum architecture. Dutch medtech firm Xeltis received €20.5 million to advance vascular implant technology. Spain's animated audiovisual project Milo secured €18.8 million. UK-based private market fund accounting platform LemonEdge raised $21 million.

In Switzerland, AI Infrastructure Capital AG launched with €16 million to tackle AI compute bottlenecks. Germany's PadelCity secured €12 million in investment, while metr raised €10.5 million in Series B funding. UK-based AI for spare parts startup Intropy raised $11 million, and healthtech startup Onalabs secured €9.3 million in Series A funding. Bulgaria's Tiger Technology raised €8.7 million for its always-on hybrid cloud data infrastructure.

Ahead Health raised $10 million and expanded its market presence, while Perceptron secured $6.5 million for its decentralised AI data network. Atomic One closed a funding round, reaching €5.6 million. UK-based menstrual health startup DITTO raised €5.2 million, and Mirae secured $5.4 million in funding. Perceptual Robotics raised £4 million for AI-powered wind inspections in Sweden.

In Italy, cyber defence startup Beelzebub raised €3 million for its AI-enhanced solutions. Spanish biotech company Kumori closed a €3 million investment round. Germany's EVERSION medtech firm raised €2.3 million to tackle pain in footwear. Spanish nanotechnology company Nanostine secured €1 million+ to transition its coatings from lab to industry.

UK startup TaskHer raised £650,000 to connect customers with tradeswomen. Kinematic Trees raised £585,000 for nature-inspired robotics software. Spanish AI startup ELEVA AI raised €500,000 in pre-seed funding, and Ratio launched the first Claude connector for real estate developers.