In July the European tech landscape experienced a wave of transformative transactions, underscoring the region's growing prominence in the global technology sector. This month saw a series of major deals, across various industries, reshaping the tech ecosystem across Europe.
European tech companies raised over €5 billion in July, in some 340 deals.
Here are the 10 biggest European tech deals, which collected together more than half of the total amount collected this month, highlighting key trends, innovative advancements, and the strategic directions of leading tech companies.
team.blue (Belgium)
team.blue is a collaborative ecosystem of 60+ successful brands, working together across regions to provide comprehensive online solutions for customers.
With a team of more than 2,500 experts, team.blue serves over 3.3 million customers throughout Europe and beyond.
The group includes a mix of traditional hosting businesses offering services such as domain names, email, shared hosting, e-commerce, and server hosting solutions, as well as specialist SaaS providers offering products like compliance, marketing tools, and team collaboration solutions.
This month, team.blue received a €550 million investment, valuing the company at €4.8 billion.
HR Path (France)
HR Path is a global leader in human resources consulting, implementation, and outsourcing services.
The company specializes in delivering comprehensive HR solutions that enhance the efficiency and effectiveness of human capital management. Their expertise spans HR strategy, HRIS (Human Resource Information Systems) implementation, payroll management, and talent management.
With a presence in over 22 countries, HR Path serves a diverse range of clients, from small businesses to large multinational corporations.
Known for its deep industry knowledge and innovative approach, HR Path empowers organisations to optimise their HR processes and achieve their strategic goals.
A recent €500 million investment the company will use to accelerate its growth strategies and expand its market share through new acquisitions.
Helsing (Germany)
Helsing is a specialized AI company focused on developing cutting-edge artificial intelligence solutions for defence and security applications.
By harnessing the latest technologies, Helsing aims to enhance military capabilities, improve situational awareness, and streamline decision-making processes.
Their advanced AI solutions are created to address complex defence challenges, including threat detection, surveillance, and autonomous systems. Helsing excels in integrating AI algorithms with specialized expertise to deliver robust and adaptable defence solutions for both governmental and private sector clients.
The company raised €450 million in a Series C financing round and plans to use the funds for product development and R&D with a particular focus on capabilities to secure European sovereignty including protecting the NATO Eastern Flank.
Zunder (Spain)
Zunder develops electric chargers designed to establish a network of charging stations, enabling electric car drivers to refuel as conveniently as gasoline vehicles.
The company aims to deploy an ultra-fast charging network with 100 per cent renewable energy for all electric vehicles.
Zunder's chargers offer both semi-fast and fast charging options. They also provide a mobile application for users to register their charging requests, manage charging points, and handle payments which allows clients to plan their routes and book charging sessions effortlessly through the mobile app.
With a recent €225 million loan from Spanish bank Santander Zunder plans to install more than 3,000 new charging points in European countries such as France, Portugal and Italy.
Flo Health (UK)
Flo Health is a digital health company specializing in women's health and well-being.
Known for its innovative mobile application, Flo, the company provides personalised health insights, period and ovulation tracking, and a range of health-related resources. The company’s all-in-one platform, supported by over 120 doctors and health experts, offers curated cycle and ovulation tracking. Users can monitor over 70 symptoms and access features designed to enhance their understanding and management of their health.
In their recent round, Flo Health has raised more than $200 million and has become the first purely digital consumer women’s health app to achieve unicorn status.
DNEG (UK)
DNEG is a premier visual effects and animation company, renowned for its work in the film and television industry.
With a global presence, DNEG specializes in creating high-quality visual effects, animation, and stereoscopic conversion. The company has contributed to numerous award-winning films and TV shows, consistently pushing the boundaries of creativity and technology.
DNEG's talented team of artists and technicians collaborates with top filmmakers to deliver visually stunning and innovative content, solidifying its reputation as a leader in the entertainment industry.
This month, the company has secured over £150 million in funding to transition from a pure services provider to a content production and AI-powered technology partner, offering solutions across media, entertainment, and gaming.
Nearfield Instruments (Netherlands)
Nearfield Instruments is a company specializing in advanced metrology solutions for the semiconductor industry.
Focused on delivering high-precision measurement and inspection technologies, Nearfield Instruments enables semiconductor manufacturers to achieve greater accuracy and efficiency in their production processes.
The company employs the Quadra 3D metrology system to conduct quality control on silicon wafers, allowing for early detection of faulty chips in the production process which enhances production efficiency and lowers costs.
The company received an investment of $147.6 million that it will use the new investment to increase production capacity, expand its product portfolio and accelerate growth.
osapiens (Germany)
osapiens is an ESG platform designed to ensure compliance with all ESG regulations. It aids in risk mitigation, streamlines manual processes through automation, and enhances transparency and efficiency.
osapiens assists global companies across diverse industries in embedding sustainability within their organizations and preparing for the future. It achieves this through comprehensive software-as-a-Service solutions that promote transparency and sustainable growth throughout the value chain, meet legal ESG requirements, and automate manual processes.
The company aims to enhance companies' economic performance while also advancing human rights and promoting ecologically sustainable and responsible corporate governance as a global standard.
osapiens has completed a $120 million Series B. The funds will be used to accelerate product innovation and fuel growth across existing and new markets.
Alps Blockchain (Italy)
Alps Blockchain is a company focused on Bitcoin mining, specializing in producing computing power for blockchain operations.
The company designs, builds and manages advanced infrastructure with the goal of enhancing blockchain development and efficiency.
Alps Blockchain’s mission is to create a synergistic link between Bitcoin mining and the energy sector, fostering growth, evolution, and mutual value creation.
The company has received €105 million in debt financing which will support its growth and internationalisation path.
CitiBox (Spain)
CitiBox is an innovative company offering smart, secure solutions for urban parcel delivery and storage.
The company’s cutting-edge technology provides users with convenient access to package lockers and delivery management systems, enhancing the efficiency of last-mile logistics.
CitiBox’s solutions are designed to streamline the parcel delivery process, reduce delivery times, and improve overall convenience for both consumers and businesses.
With the recent €80 million debt funding, the company aims to expand its network of smart mailboxes throughout Spain.
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