European tech weekly recap: Over €763M invested across 35+ deals

Last week, European tech funding reached over €763 million in 35+ deals and 10 exits, with software, security, and transportation leading the pack. The UK took the top spot with €393.5 million invested, followed by Sweden and Denmark. For more detailed insights, explore the Tech.eu Funding Explorer.

In Sweden, Lovable's valuation surged to $13.3BN after securing $400M in new funding. UK-based companies saw significant growth, with Cambridge Aerospace's valuation reaching $3.4B after raising $300M. Vertical Aerospaces, a UK-made flying-taxi maker, secured £74M. Mindgard, a spinout from Lancaster University, received €26M for enterprise AI systems. Edgify raised $9M to expand its edge AI platform.

Denmark saw Entravel Group receive $7.5M to scale its travel infrastructure platform. Cytix secured $7M Series A to tackle cyber risks from AI-driven software development. Watercycle Technologies received £3M to scale lithium production in the UK.

Palette raised €3M pre-seed to develop an OS for AI-native teams. In Norway, Visoid raised $2.5M to expand its AI visualization platform for architects. Swiss fintech Aisot Technologies secured €2.1M. Millow raised €2M to expand mycelium protein across Nordic foodservice.

In Spain, Nomade Nation closed a €1.8M funding round. Aurrigo was awarded £1.43M grant for autonomous airport vehicles. Swiss startup Zerolook raised €1.6M to tackle AI-driven flight search costs. Bruker, based in Switzerland, made a minority investment in Atinary Technologies.

Germany's Wasteside secured €700,000 investment. FlairMakers raised £500,000 to build a platform for hospitality portfolio careers. Spain's eubiOmic Health closed a €200,000 investment round. UK's Breezemove targets expansion after £160,000 investment. Portugal's GalgoSheets raised €150,000 to combat inefficiency in ride-hailing services.

Quartr in Sweden received €15.6M to expand its AI-ready public company IR data coverage. Dr. Vivien Karl received a seven-figure seed investment in Germany. Turkish game studio Rotatelab secured seed funding. MIMETAS received a majority investment from Bruker Corporation in the Netherlands. HOUF Games received investment at a $4M valuation in the UK.

HSBC Asset Management invested in Model ML in the UK. AquaNab in the UK secured funding to tackle sea lice with nanoantibodies. SubSea Craft made a multi-million-euro investment in battery specialist LORILLION, acquiring a 40% stake. Liverpool graduate raised £350,000 for Skinscanner.gg. Bruker made a minority investment in Atinary Technologies in Switzerland. Again acquired Geno in Denmark, and SEPPmail acquired CyberPilot in Denmark.