European tech weekly recap: More than 70 tech funding deals worth over €1.3B

Last week, we tracked more than 70 tech funding deals worth over €1.3 billion, and over 10 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were cleantech (€791.6 million), healthtech (€151.5 million), and software (€66.8 million). Regionally, companies from 🇩🇪 Germany secured €726.3 million, followed by the 🇬🇧 UK (€262.5 million) and 🇸🇪 Sweden (€57.1 million).

❗ 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

• GERMANY: Enpal secures €700M ABS facility with M&G for residential solar and heating loans
• UK: Non-drill brain monitoring startup CoMind raises over $100M
• AUSTRIA: Refurbed closes £44M round as it targets UK expansion
• UK: Chemify raises €43M to digitise molecule creation using AI
• UK: SheMed raises €43M to advance personalised women’s healthcare in the UK
• DENMARK: MATR Foods closes €40M funding
• SWEDEN: Cleantech company Meva Energy raises €40M
• LITHUANIA: nexos.ai secures €30M to tackle the enterprise AI adoption challenge
• FRANCE: Hublo raises €20M via Bpifrance
• NETHERLANDS: TRACT lands €18.6M to help agrifood businesses build smarter, more resilient supply chains
• UK: Immaterial secures €15.4M to advance monolithic MOF industrial decarbonisation systems
• NORWAY: Riff secures $16M Series A led by Northzone for business-ready vibe coding
• UK: Y Combinator–backed Saturn raises $15M to make financial advice affordable for all
• UK: Finster AI, an artificial intelligence platform for finance professionals, raises $15M
• IRELAND: Bronto raises $14M in seed funding
• UK: Mondra raises £10M to accelerate European expansion
• ROMANIA: .lumen expands its AI vision into urban robotics with €11M grant
• UK: AI film studio Wonder lands £9M investment
• GERMANY: roclub lands $11.7M to scale solutions for medtech staffing shortages
• SPAIN: Acoru secures €10M to disrupt money mule activity and predict financial scams
• ITALY: WSense raises €10M to scale subsea Wi-Fi and expand underwater IoT tech
• FRANCE: Female-led Lisaqua nets €9M to grow its sustainable, land-based shrimp farms across Europe
• SWEDEN: Magma Math raises $10M to expand AI-powered classroom platform
• UK: General Index raises €8.6M to redefine global commodity and energy pricing
• GERMANY: etalytics extends Series A to €16M with new investment from Microsoft’s M12
• ITALY: Sizable Energy raises $8M to launch ocean-based energy storage
• UK: Milvus Advanced closes $6.9M seed funding
• UK: Cyclana Bio raises £5M for endometriosis drug discovery
• SWEDEN: Zparq’s electric drivetrains steer marine transport toward zero emissions with €5.5M
• FRANCE: Volta raises €5M led by RTP Global to revolutionize B2B commerce with AI
• FRANCE: Blaise Matuidi raises €5M with his new startup Playse
• SPAIN: Docline raises €4.6M in funding
• GERMANY: With €4M in funding, insuretech developer Enzo looks to tackle water damage with their novel sensor
• ESTONIA: Yaga raises €4M to scale its sustainable fashion marketplace
• ITALY: DMAT secures €3.8M to transform the construction sector
• FRANCE: Kotcha powers up with €3.5M to scale AI coaching for runners
• DENMARK: Scaleup Finance raises £3M to launch Nume, an AI CFO for startups and SMEs
• SWEDEN: Cytely raises €3M as labs report 75% faster analysis using its smart microscopy platform
• NETHERLANDS: Hydryx raises €2.5M to turn trash into clean power
• NETHERLANDS: Watertech startup HULO secures €2.3M
• SWITZERLAND: Chipmind exits with $2.5M to launch AI agents for faster chip design
• UK: Rightcharge raises £1.6M to power EV charging payments for Europe’s fleets
• UK: Astut lands €1.8M round for transparent reasoning-based AI
• IRELAND: Paygentic nets $2M pre-seed to power payments for AI-native firms
• UK: Elbow Beach inks £1.5M into UPP to automate broccoli waste-to-protein tech
• SPAIN: Drone developer Fuvex raises €1.7M to fly high across Europe’s inspection skies
• GERMANY: 1000 Satellites secures €1.6M investment
• GERMANY: Hi inov and the EIC Fund are investing €1.5M in Xelera
• SPAIN: Aunoa raises €1.5M to scale its conversational AI agents across Europe
• UK: HotGreen Solutions raises £1.2M for ultra-efficient heat pumps
• ESTONIA: eID Easy raised €1.3M to develop its e-signature platform
• IRELAND: Lette AI raises $1.4M in pre-seed funding
• BELGIUM: nxgsat raises €1.2M to advance next-generation 5G satellite connectivity
• GERMANY: Every Health raises €1.1M to build Europe’s first LGBTQ+ virtual clinic
• FRANCE: Certificall raises €1M seed to strengthen its position in the European market
• AUSTRIA: 2ndCycle recieves €1M investment
• SPAIN: SHINEPHI raises €1M in funding round
• SPAIN: Virtest Technologies closes €800,000 round
• ESTONIA: AI energy startup MarkeDroid raises €300,000 to expand distributed energy platform
• SWITZERLAND: TALPA Inspection secures $100,000 to accelerate structural non-contact sensor technology
• AUSTRIA: Wirtschaftsservice (aws) is investing a six-figure sum in revitalyze
• UK: PEEQUAL raises funding to scale its squat-and-go, sustainable women's urinal
• GERMANY: reverse.fashion secures a six-figure sum investment
• UK: Real Fun Group secures six-figure funding deal
• GERMANY: in.hub closes seven-figure round to deepen industrial digitalisation offering across Europe
• SWITZERLAND: Anevo secures pre-seed funding
• UK: Quantum Fabrix (QFX) secures €2.2M led by YC’s Paul Graham
• SWITZERLAND: Exnaton raises Series A to power Europe’s digital energy transition
• AUSTRIA: SteadySense secured a seven-figure sum investment
• NETHERLANDS: Aluvia Photonic secures funding from PhotonDelta
• GERMANY: Galakto receives a €4 million investment

Exits and M&A activity

• FRANCE: Ipsen expands oncology portfolio with €1B acquisition of French biotech ImCheck Therapeutics
• UK: Allica Bank snaps up UK embedded finance startup Kriya
• FRANCE: Lyon-based startup Y-Brush taken over by Biotech Dental after being placed in receivership
• SWEDEN: TrueLayer to acquire open banking rival Zimpler
• NETHERLANDS: Dutch truck-services platform TRAVIS acquired by Germany’s Knorr-Bremse
• FRANCE: Sportway acquires Amsterdam’s Eyecons and Paris-based Sportall
• UK: Sales engagement platform lemlist acquires fellow French AI platform Claap to transform sales with AI technology
• GERMANY: The Munich-based fleet management company Carsync and the Münster-based startup motum are merging
• GERMANY: Munich-based defense tech company Quantum Systems is acquiring the AI ​​company Spleenlab
• NETHERLANDS: Amsterdam’s female-founded legal AI firm Uncover gets acquired
• GERMANY: Manual buys Formula Skin
• UK: Elucidat got acquired by Learning Pool
• UK: bexio acquires fintech startup Kontera