Last week recap: European tech companies raised over €2.5B, around 76% collected by 10 biggest deals

Last week, we tracked more than 95 tech funding deals worth over €2.5 billion, and over 15 exits, M&A transactions, rumours, and related news stories across Europe.

The top three industries that raised the most were software (€667.6 million), fintech (€534 million) and analytics (€418.3 million). Regionally, companies from the 🇬🇧 UK secured €693 million, followed by 🇧🇪 Belgium (€512.3 million) and 🇪🇸 Spain (€412.9 million).

As a paying subscriber, you're privy to our monthly reports that break down the essential deals, actions, and players across the European tech ecosystem. Now, let's get you up to speed on everything that happened last week, including your handy.csv file allowing for an even more in-depth analysis.

Have a great week!

Funding deals by amount

• BELGIUM: Odoo raises €500 M, reaching a €5B valuation
• SPAIN: seQura raises a round of €410M
• UK: New unicorn Lighthouse secures $370M Series C for travel analytics
• GERMANY: The Exploration Company raises $160M Series B for reusable spacecraft development
• UK: Tokamak secured £100M to power fusion energy
• SWEDEN: Northvolt secured $100 million in new financing for the bankruptcy process
• FRANCE: ChapsVision raises $90M in funding
• FINLAND: Oura, which develops smart rings, raises $75M at a $5 billion valuation
• PORTUGAL: TEKEVER raises €70M for Unmanned Aerial Systems development
• UK: Quanta Dialysis Technologies closes over $60M Series E funding
• UK: Nivoda raises $51 million in funding
• SWEDEN: Neo4j takes in €43M
• NETHERLANDS: EV maker Ebusco raises €36M to boost operations
• GERMANY: Natural snack brand KoRo secures €35M Series C for European expansion
• UK: CellPoint Digital raises $30M in funding
• UK: Goodstack secures $28M from General Catalyst
• GERMANY: Partech invests over €25M in QPLIX's wealth management platform
• GERMANY: Zeotap closed $25M investment round
• GERMANY: Yttrium und Altinvestor 5I Ventures invest €20M in Eye Able
• GERMANY: PSG Equity and existing investors Redalpine, Force Over Mass Capital and Rockaway Ventures are investing €20M in apaleo
• NETHERLANDS: Qredits signs new €15M credit facility with ING Nederland
• FRANCE: Faircraft raises €15M to scale lab-grown leather production
• ITALY: Cardo AI raises $15M in Series A funding
• SWEDEN: Swedish ‘flying ferry’ startup Candela secures €13.3 million
• FRANCE: METRON secures €12.5M for industrial energy management
• UK: Echion Technologies raises further £10M in funding
• SWITZERLAND: LAK3 secures $12.4M to disrupt the water economy
• DENMARK: Freya Biosciences raises $11.8M
• AUSTRIA: Udo Filzmaier and Heinz Senger-Weiss as well as other investors are investing €11M in e.bs
• NETHERLANDS: TRACT raises €10.5M to boost sustainability in agriculture
• NETHERLANDS: Organic Development Finance secures €10M
• TÜRKIYE: Kalder raises $10.5M to transform loyalty programs into revenue streams
• UK: Konsileo raises £8M in funding
• SWITZERLAND: Zitadel raises $9 million Series A
• GERMANY: GEMESYS secures €8.6M pre-seed for AI chip tech
• FINLAND: Keto Software raises €8.4M to transform R&D portfolio management
• UK: ITC secures £7M to accelerate expansion
• FRANCE: Arenametrix raises €8M for its CRM platform dedicated to events
• UK: Little Journey raises £6M to redefine delivery of paediatric care
• BELGIUM: Apideck raises $7.5M Series A for API platform
• GERMANY: Juna.ai exits stealth mode with €7.1M to decarbonise and optimise complex industrial processes
• GERMANY: Pruna AI raises $6.5M to make AI development faster, cheaper and greener
• SWEDEN: Kodiak Hub secures €6M
• UK: Cytomos raises £5M to scale up cell-analysis production
• BELGIUM: BiocSol secures €5.2M seed funding for microbial pesticides
• NETHERLANDS: Firsty raises €5.1M to increase data connectivity
• FRANCE: Twenty secures $5M to challenge CRM giants with open source
• SWITZERLAND: Digt closes €4M funding round to expand internationally
• UK: PervasID on growth trail with £3.25M support
• SWITZERLAND: Calvin Risk raises $4M to enhance AI safety and compliance
• GERMANY: Ubitium receives $3.7M investment
• GERMANY: IonKraft secures €3.5M equity funding to fuel circular economy in packaging
• UK: Tewke raises £2.6M in seed round to develop intelligent light switch
• UK: Linkup raises €3M to better train models using press content
• FRANCE: Eden AI raises €3M seed for AI interoperability
• FRANCE: Freqens raises €3M to help companies buy at the right price
• UK: Heim Health raises €2.65M for at-home healthcare
• FINLAND: Taito.ai raises $2.7M in seed funding
• IRELAND: Continuous Software raises €1M seed funding to fuel EMEA expansion
• FINLAND: Serviceform secures €2.45M for SME marketing suite
• SWEDEN: Forsway secures €2.3M funding from the European Space Agency
• NETHERLANDS: AI edtech startup LearnWise bags €2M
• NORWAY: Augere Medical raises €1.9M in first close funding
• FINLAND: Happy Plant Protein bags €1.8M to disrupt plant protein market with local, low-cost production
• UK: Female founding duo secure £1.4M seed funding for needi
• ITALY: Eye2Drive closes a round of €1.5M
• UK: MannyAI raises €1.5M to reduce overproduction in the fashion industry
• UK: Dote raises £1.15M in seed funding
• SLOVAKIA: SuperScale raises $1.2M for gaming analytics platform
• NETHERLANDS: Blockchain ticketing startup Celebratix secures €1.1M
• SPAIN: Insectius closes a round of €1M
• SPAIN: EZ Telecom closes a new round of €1M
• NETHERLANDS: OASYS NOW wins €1 million in Slush 100 competition
• ROMANIA: Fagura raises €1M for their digital financial ecosystem
• GERMANY: The private investor network Companisto is investing €960,000 in Adaptive Balancing Power
• GERMANY: Sedivention raises €800,000 in pre-seed funding
• UK: Bristol startup secures £500,000 for ‘world-first’ aqua rehab tech
• ITALY: DoctorApp closes a crowdfunding at €500,000
• SPAIN: Rhyde closes a €460,000 round
• SPAIN: Zonox raises €440,000 in its first round of financing
• NETHERLANDS: Noordwijk-based Spatialise raises €350,000 from UNIIQ
• CROATIA: SaaS startup Bitreport raises €300,000 for chain store management
• ITALY: Edtech, the Discentis startup closes a 250 million euro round
• SWITZERLAND: Grensol awarded €161,000 to advance its waste-to-materials technology
• GERMANY: VIZTA DGTL secured €1.5M investment
• FINLAND: Snorble receives strategic investment from FinestLove VC
• TÜRKIYE: Cybersecurity startup ThreatMon raises investment from Pragma Capital Partners
• GERMANY: Bonventure is investing a seven-figure sum in caera
• GERMANY: Deutsche Bank is investing an undisclosed sum in Aleph Alpha
• TÜRKIYE: MonSpark receives investment from Fuzul Ventures at a valuation of $5M
• FRANCE: Applied Ventures backs Microoled in advancing OLED microdisplays
• SWITZERLAND: B'ZEOS raises seed funding for seaweed-based packaging
• UK: Chiron Health AI raises funds to target chronic disease management
• NETHERLANDS: Delft-based GEHECO raises funds to decarbonise residential heating
• NETHRELANDS: Amsterdam’s Treety secures funding to help companies resolve ESG data challenges
• GERMANY: Brandenburg Kapital and PRO Sunflower are investing a seven-figure sum in Robovis
• SWITZERLAND: Spectroplast received an undosclosed sum investment

Exits and M&A activity

• FRANCE: Halma plc makes £42 million swoop for French leader
• FRANCE: Adzuna strengthens presence in North America and Europe with Seiza acquisition
• UK: PayPal-backed Modulr snaps up first acquisition
• GERMANY: The private equity company Inflexion is taking over the majority of Finanzen.net
• GERMANY: Amundi will acquire Axigo
• FRANCE: Bloomflow acquires Agorize
• GERMANY: The Koblenz-based GovTech company mps is now part of the MACH group of companies
• UK: Ciphr acquires Avantus
• TÜRKIYE: Game District acquires majority stake in local mobile gaming startup Gleam Games
• GERMANY: The content marketing agency Rheindigital is taking over the Berlin content marketing startup fyrfeed
• SPAIN: Septeo acquires Nivimu, a Spanish HR software
• GERMANY: The Leipzig-based Spread Group is taking over the Berlin-based company BerlinTextil
• SWEDEN: Amsterdam’s Mews acquires Sweden’s Atomize
• UK: Growth Catalyst Partners acquires InspiredMinds!
• NETHERLANDS: Amsterdam’s TNW Programs to merge with nlmtd
• GERMANY: The listed Hamburg cooking company Circus is planning to take over the AI ​​software provider Campo Group