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Legora’s valuation leaps to $8.8B, Europe's tech funding rebounds, and solving the problem of brain fog

This week, we tracked more than 65 tech funding deals worth over €1.5 billion and 4 exits, M&A transactions, rumours, and related news stories across Europe.We also released our Q3 report offering...

Legora’s valuation leaps to $8.8B, Europe's tech funding rebounds, and solving the problem of brain fog

Legora's valuation surged to $8.8 billion after raising $550 million in funding. Pigment led a £250 million funding round, while iwoca secured a €185 million credit line. Blackwall reached a $2.2 billion valuation with a $100 million Series C round, just weeks after joining Estonia's unicorn club. Omnidocs acquired WoodWing, becoming a major player in document management.

Workflex acquired rhome, and Standard Chartered announced a deal to acquire Zodia Custody. Nvidia invested in four German startups as part of a 10 billion euro European investment pledge. German VCs are calling for a €15 billion annual funding boost to foster the next generation of tech giants. EIT launched a €40 million funding call to help bring university deep tech research to market.

The FSE Group introduced a £70 million London growth fund to support underserved scaleups. Seaya raised €600 million for a new growth fund to back Europe's next global tech leaders. Meanwhile, Europe's tech funding rebounded to €27.8 billion, driven by billion-euro mega-rounds. A former Google DeepMind researcher launched a London-based "compute-efficient" AI company.

Hydrogen startups PowerUP and H2Boat aim to tackle yachting's diesel problem with hydrogen technology. Novus secured a $8 million funding round to bring its electric lightbike from Germany to California. TechWolf's co-founder highlighted Ghent's flywheel as "super important." Brain fog, missed diagnoses, and lost careers due to the menopause gap are issues Cerebella aims to address.

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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