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TEKEVER raises $580M Series D, DTCP closes €455M defence fund, and the challenge to reinvent chip design

This week, we tracked more than 65 tech funding deals worth over €2 billion and over 4 exits, M&A transactions, rumours, and related news stories across Europe. If email is more your thing, you...

TEKEVER raises $580M Series D, DTCP closes €455M defence fund, and the challenge to reinvent chip design

TEKEVER secured $580 million in Series D funding, pushing its valuation to $6.4 billion. Meanwhile, DTCP established a €455 million defence fund aimed at bolstering Europe's strategic technological capabilities. SPRIND and NADI launched a €40 million challenge to revolutionize European chip design, joining forces with SPRIND and NADI in this endeavor.

Written by urgent.news from Tech.eu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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