Oura raises over $900M, startups embracing "AI roll-up" strategies, and H1's biggest European gaming deals

This week, we tracked more than 85 tech funding deals worth over €2.2 billion, and over 10 exits, M&A transactions, rumours, and related news stories across Europe.
Oura raises over $900M,  startups embracing

This week, we tracked more than 85 tech funding deals worth over €2.2 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.

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

🇫🇮 Oura raises over $900M, valuing it at "approximately $11B”

🇩🇪 Biotech Tubulis secures record-breaking €308M Series C

🇳🇱 Energy innovator Return raises €300M in growth capital to scale battery storage capacity




🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇨🇭 The Indian company KPIT Technologies (KPIT) is acquiring the Swiss in-car gaming startup AirConsole

🇩🇪  The Archer Aviation is acquiring the remnants of the insolvent Munich-based air taxi startup Lilium

🇪🇸 Cooltra has acquired the business operations of urban cycling startup Kleta Mobility


🚀 Interesting moves from investors

💲Invalda INVL Private Equity Fund II raises €410M to invest in high-growth companies across the Baltics, Poland, and EU

💰Maia Ventures launches €55M Fund to back early-stage agrifood tech entrepreneurs

💵 Odyssey Ventures comes out of stealth to close the transatlantic valuation gap


🗞️ In other (important) news


🇪🇺 Europe’s biggest seed rounds of Q3 2025: Top tech startups to watch

🗞️ Startups embracing "AI roll-up" strategies

🚘 Waymo to launch in London

🎮 The biggest European gaming deals in H1 2025

🧱 Sort A Brick launches world’s first AI-powered LEGO sorting system




📡 Recommended reads and listens

Profile: The Serbian maths whizz aiming to crack voice AI

🇮🇹 Autumn and Arduino Bring Out the Best of Italy

🇺🇦 Breaking the cybersecurity poverty line: How Stackbob is transforming enterprise IAM

🇺🇦 Dwarf Engineering is building the universal infrastructure layer for Ukraine’s defence sector



🔭 European tech startups to watch 

🇬🇧 Fuel Ventures leads $1.3M pre-seed for Theodosian to reinvent cybersecurity

🇮🇹 Finanz secures €700,000 to expand financial education across Europe

🇳🇱 Northsea raises €660,000 pre-seed to reinvent customer research with AI

🇱🇹 Supernaut AI bags €530,000 to help developers resolve stalled tickets and reduce technical debt

🇬🇧 Orbiri secures £320,000 for community-powered solution to end screen-time nightmare




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