Last week, we tracked more than 80 tech funding deals worth over €6.1 billion, and 5+ exits, M&A transactions, and rumours; all alongside a host of related news stories across Europe.
The majority of that hefty €6.1 billion figure goes to H2 Green Steel and its closing of a €4.5 billion (€4.2 billion debt, €300 million equity) financing round. In addition to the company's revolutionary approach to steel production, one that is hydrogen-powered amongst others, H2 Green Steel has connections to Northvolt, both companies a member of Sweden's Midas-touch fund Vargas.
Meanwhile, last week saw the Czech Republic make an appearance among the top 10 highest-funded countries. Prague-based startup, Better Stack contributed to this, with a $10 million raise in new capital aimed at helping the startup go from making a profit to making a mint.
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