This week we tracked more than 75 tech funding deals worth over €2.6 billion, and over 10 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.
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💸 Notable and big funding rounds
🇳🇱 NXP Semiconductors secures €1B EIB loan
🇩🇪 Green Flexibility secures €400M from Partners Group for large-scale battery storage systems
🇩🇪 Sunfire receives €200M investment
🇬🇧 Synthesia doubles valuation to $2.1B with $180M funding round, and pledges commitment to UK
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧 Early crowdfunding investors bag returns as UK startup Freetrade snapped up for £160M
🇬🇧 AccountsIQ acquires ExpenseIn
🇩🇪 Creative Dock Group acquires nFrontier to expand into hardware production
🇩🇪 The Berlin startup charles is taking over the insolvent conversational marketing startup Spectrm
🚀 Interesting moves from investors
💰Webrazzi Startup-1 Venture Capital Investment Fund, which we established with İş Portföy, received CMB approval
🇪🇺 EIT Manufacturing will invest more than €3.7M in projects with Spanish participation to promote a more sustainable industry
🇳🇱 Amsterdam’s Keen Venture Partners is raising Benelux’s first defence tech investment fund
💰 Ares closes sixth European direct lending fund at €17.1bn
🇩🇰 Venture Cup Denmark to shut down after 25 years
🗞️ In other (important) news
🤖 UK unveils £14B AI infrastructure plan
🎓 Peter Sarlin's Foundation PS boosts AI research in Finland with major donation of 13 professorships
🇵🇹 Portugal consolidates its position as a European startup hub, but faces key challenges
🇧🇬“We will be a unicorn today”, says CEO of Bulgaria’s first-ever $1bn startup
📡 Recommended reads and listens
☀️ CUER and ETA Green Power partner to advance solar car development
🎓 Edtech learns new skills in an AI-driven world
☺️ Tired of meditation? Olo's sound holograms offer a scientifically-backed alternative
🎮 Small studio, big impact: how MixRift is redefining MR gaming
💊 From legacy systems to AI-power: How an Icelandic startup is transforming pharmaceutical supply chains
🛰️ constellr's Sky-Bee-1 launches thermal infrared tech for sustainable resource management
🔭 European tech startups to watch
🇪🇸Xain raises €250,000 in its first round
🇦🇹 Minimist received €350,000 investment
🇧🇪Squire secures Entourage funding to boost AI-powered GP report automation
🇨🇭 Insurteam raises €745,000 seed capital to drive European expansion
🇬🇧Juno raises $1M to streamline loan processing with AI-powered 'employee'
🇺🇦 Disinformation startup raises $1.6M pre-seed
🇬🇷Progressive Robotics secures €1.55M
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