Netomnia secures €346.2M, 0TO9's plan to build 1,000 fintechs by 2045, and August tech funding cooldown

This week, we tracked more than 60 tech funding deals worth over €1.3 billion, and over 25 exits, M&A transactions, rumours, and related news stories across Europe.
Netomnia secures €346.2M, 0TO9's plan to build 1,000 fintechs by 2045, and August tech funding cooldown

This week, we tracked more than 60 tech funding deals worth over €1.3 billion, and over 25 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

🇬🇧 Netomnia secures €346.2M

🇫🇮 IQM raises record $320M Series B to cement Europe’s place in the quantum computing race  

🇳🇱 Bitcoin treasury company Treasury debuts with €126M funding


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇸🇪 Aonic completes $250 million+ acquisition of Prime Insights in largest deal to date

🇬🇧 SeqOne acquires Congenica to create a global leader in AI-powered genomic medicine

🇬🇧 Zopa buys UK payments infrastructure outfit Rvvup

🇩🇰 Flowbox acquires Dreaminfluence

🇫🇷 French startup Cycle joins Atlassian, embedding customer insight tech into Jira


🚀 Interesting moves from investors

💸 💵 More than €1.2 billion raised by EIC Scaling Club members

💰 Siena Secondary Fund II builds momentum with institutional and founder backing  

🔬 EQT Foundation’s fast-track grant program targets rare disease moonshots


🗞️ In other (important) news

☀️ Summer chill: European tech funding cools by 66% in August

🇪🇺 European Tech.eu Pulse: key trends and investment in August

🇪🇺 Europe’s digital health innovators warn: “unite or fall behind”

💲 Klarna targets $1.27BN raise in second stab at US IPO


📡 Recommended reads and listens

🇧🇪 Dalton raises €1M to turn static websites into self-improving growth engines

💵 Europe's 10 biggest fintech deals in H1 2025

🇩🇪 FERNRIDE bags €18M Series A extension as it expands into defence

🤖 Can algorithms rule better than humans? Sensay Island resurrects Churchill, Gandhi, and Tesla to find out



🔭 European tech startups to watch

🇩🇪 TrustNXT raises €1.6M pre-seed to fight AI-driven image and video manipulation

🇧🇪 Driven lands €1.5M to transform sales commissions management

🇬🇧 RYE raises €1M pre-seed to help hospitality and retail monetise energy demand

🇦🇹 mypaperwork secures €500,000 to streamline EU work and residence permits

🇸🇪 Greenvoltis secures new strategic investment to drive AI energy innovation in Europe



Follow the developments in the technology world. What would you like us to deliver to you?
Your subscription registration has been successfully created.