{
  "id": 16580644,
  "title": "European tech weekly recap: €1.5B in funding and Q3 2026 highlights",
  "url": "https://urgent.news/2026/10/26/european-tech-weekly-recap-1-5b-in-funding-and-q3-2026-highlights",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-26T09:00:00.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/10/26/european-tech-weekly-recap-eur15b-in-deals-and-q3-2026-highlights/"
  },
  "original_language": "en",
  "account": "Last week, European tech companies raised over €1.5 billion in funding across 732 deals, marking a 32.4% increase from the previous quarter. The UK led the funding, accounting for 43% of the total at €12 billion, followed by AI companies with €6.7 billion, representing 24%. Sweden saw Legora's valuation soar to $8.8B as it raised $550M, while Croatia's Daytona hit a $1B valuation with $60M in Series B funding for its AI agent cloud. In France, Scaleup Europe Fund led a £250M funding round in Pigment. Swiss robotics startup Enact raised $30M in pre-seed round with backing from its boss and Yann LeCun. UK-based Hyperlayer secured £19.5M for programmable banking, while Arctic Therapeutics raised $21.5M in funding. Quantum spinout QuantrolOx from Finland raised €12M, and Ionexos from Switzerland raised €5.4M to reduce noise with plasmacoustic technology.",
  "summary": "Last week, we tracked more than 65 tech funding deals worth over €1.5 billion and over 4 exits, M&A transactions, rumours, and related news stories across Europe.📊 According to our Q3 2026 Report,...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}