Green hydrogen boost, £340M for Monzo, and €1.85B was invested in tech this week

This week our research tracked more than 90 tech funding deals worth over €1.85 billion, and around 15 exits, M&A transactions, rumours, and related news stories across Europe.
Green hydrogen boost, £340M for Monzo, and €1.85B was invested in tech this week

This week our research tracked more than 90 tech funding deals worth over €1.85 billion, and around 15 exits, M&A transactions, rumours, and related news stories across Europe.

In addition to this week's top financials, we've also indexed the most important/industry-related news items you need to know about.

If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox.

Either way, let's get you up to speed.


💸 Notable and big funding rounds

🇩🇪 Sunfire raises over €500M to boost European's green hydrogen economy

🇬🇧 Monzo raises £340M for expansion

🇳🇱 Mews, the hotel SaaS startup, books $110M at a $1.2B valuation


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇬🇧 Nationwide to buy Virgin Money for £2.9B

🦄 Fintech unicorn Qonto to acquire Regate

☸️ Civo Expands cloud-native offering with Kubefirst acquisition


🚀 Interesting moves from investors

📈 Grwth Club launches consumer venture fund Grwth Ventures, with £5M cornerstone investment

🍒 Cherry Ventures introduces executive coaching for newly-backed founders

🔬 Nordic Science Investments launches a new era for academic deeptech spinouts

🩺 Fluidra launches a €20M fund specialised in health and wellness startups

Invivo partners launches the €100M Invivo Ventures III fund to invest in life sciences


🗞️ In other (important) news

🍎 Apple fined €1.84B in EU over anti-steering on iOS music streaming market

♀️ New PitchBook report — All In: Female Founders in the European VC Ecosystem

🇪🇺  EU looking into Apple’s decision to kill Epic Games’ developer account

🧑‍🤝‍🧑 New report confirms Europe’s tech investment doldrums, but there are signs of life

🇪🇺 Now the EU is asking questions about Meta’s ‘pay or be tracked’ consent model


📡 Recommended reads and listens

🇪🇪 Estonia offers a lifeline to UK startups stifled by regulatory hurdles

🦄 10 female-founded unicorns to watch

🌀 We need to rethink IP to stop another UK semiconductor exodus

🚀 UK sets out plan to propel private investment into space tech

♀️ VC funds must be proactive to boost capital for underserved female founders


🔭 European tech startups to watch

🇬🇧 Cogna's AI-powered SaaS raises £3.76M to improve industry problem-solving

🇩🇰 Climatetech NitroVolt secures €750,000 for green ammonia production

🇬🇧 un:hurd levels up artist marketing with strategic funding and AI-powered tools

🇷🇴 Medtech Rayscape raises $500,000 in fresh investment

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Wobble Genomics' novel approach to RNA sequencing attracts £8.5M investment

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