European tech weekly recap: Over €2.7B invested across 55+ deals
Last week, we tracked more than 55 tech funding deals worth over €2.7 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.📊 The top three industries that ra...
In Europe, over €2.7 billion was invested across 55+ tech deals last week, accompanied by 5 exits and related news stories. The industries that raised the most money were content, energy, and fintech, with investments totalling €1.2 billion, €857.5 million, and €291.7 million respectively. Türkiye led the country rankings in investments, receiving €1.2 billion, followed by the Netherlands with €900 million, and the UK with €242.4 million.
Fal, a Turkish tech company, doubled its valuation to $16 billion after raising $1.3 billion in Series F funding. In the Netherlands, Return secured €835 million to expand its battery storage capacity in Germany. Hoxton Wealth, a UK-based firm, received a $135 million minority investment from Aspirity Partners.
Spanish startup EOS-X Space raised $120 million at a $1.2 billion valuation just before its first commercial balloon flight. Germany's defence startup Hypersonica raised €100 million, while Pliant, another German company, received $80 million in Series C funding for its AI agent payments technology.
Netherlands-based Fourthline received up to €65 million in funding. Spanish developer Titan OS raised $46 million for its smart TV operating system. Aerospace startup Vaeridion in Germany raised €30 million for zero-emission regional flights. UK-based FluoRok raised €26.64 million to scale fluorochemical production. UK-based Supa received £21 million in seed funding to transform residential block management.
In Denmark, Biograil raised €20 million for an oral drug delivery device. Sweden's Green Voltis raised €13.5 million to operate and trade battery storage. Germany's Quint Computing raised €9.1 million to scale its quantum computing technology. UK-based LO:TECH landed $12 million in Series A funding led by MMC. Spanish company Kabilio raised €10 million to expand its AI accounting platform and introduce AI agents.
Finland's Vensum Power raised €9 million to cut power losses in AI data centres, EV charging, and energy storage. UK-based OSSTEC raised $8 million in funding. Finland's Vensum Power raised €9 million to cut power losses in AI data centres, EV charging, and energy storage. UK-based OSSTEC raised $8 million in funding. France's Gallium Defense raised €7.1 million to make drone detection cheaper and more scalable.
Austria's Tumbleweed secured a record €6.9 million seed round for microgravity research. Germany's Conlio received €6.4 million to expand its AI-powered financial tools. Norway's Vitroscope raised $7 million to turn living human tissue into a new source of drug discovery data. UK-based Sporta received £5 million from Lazaroo-Hood Group.
Denmark's Claimlane bagged €5.6 million to turn product claims into business value. UK-based Symbe raised $5.7 million in funding. UK-based Tallia raised €4 million to bring AI-powered research and review tools. Germany's Marble raised $3.75 million to build AI coworkers that learn by watching. UK-based Memory magicians raised $3.3 million for Mindmax to put human learning first in the AI age.
Estonia's Veriff co-founders' Roleo raised €2.9 million to expand its AI career agent across Europe. Italy's CyberKord raised €2.7 million to automate IT and cybersecurity operations with AI.
Written by urgent.news from Tech.eu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.