European tech weekly recap: Tech.eu 2025 Annual Report and over €1B in funding activity

Last week, we tracked more than 80 tech funding deals worth over €1 billion, and over 15 exits, M&A transactions, rumours, and related news stories across Europe.

📊 According to the Tech.eu 2025 Annual Report, published last week, European tech investment reached €72 billion in 2025, making it the second-strongest year of the past three, despite a modest 3.2 per cent dip from 2024. 🇬🇧 The UK remained Europe’s leading tech hub, with companies raising €21.5 billion, reinforcing its role as the primary gateway for global capital. 💳 Fintech led all sectors, attracting €11.1 billion and underlining its resilience and continued dominance.

For deeper insights and the full analysis, check out the complete report.

Have a great week!

Funding deals by amount

• GERMANY: Parloa raises $350M, tripling valuation to $3BN
• FRANCE: Harmattan AI hits unicorn status after raising $200M, as it strikes deal with French aerospace group
• GERMANY: Sustainability software outfit osapiens becomes unicorn, following $100M raise
• IRELAND: Quantum semiconductor startup Equal1 closes €51M round to scale silicon-based quantum computing
• BELGIUM: $60M Series B propels Aikido into the global unicorn ranks
• LUXEMBOURG: Hydrosat’s thermal satellite tech targets water scarcity and agricultural risk, backed by new €51M
• UK: bit.bio raises $50M in funding
• UK: Midnite raises $35M in Series C funding
• TÜRKİYE: TaleMonster Games closes $30M Series A round
• UK: Trybe raises $30M in Series A funding
• NETHERLANDS: Optics11 secures €25M EIB loan to strengthen Europe’s subsea and energy security
• UK: AI chip startup Fractile secures $22.5M from Nato Innovation Fund, Kindred, Oxford Science Enterprises
• UKRAINE: HOLYWATER secures $22M to expand mobile microdrama content
• SPAIN: Zepo Intelligence secures $15M to safeguard workspaces from AI risks
• NETHERLANDS: Klearly secures €12M for restaurant payments system
• UK: Nuclera extends Series C funding to $87M to accelerate antibody engineering work
• UKRAINE: Quantum startup Haiqu raises $11M
• GERMANY: NetBird announces $10M Series A to expand open source VPN alternative
• GERMANY: Smatch received €7.3M investment
• NORWAY: After €7M raise, reTyre builds dust-free tyre plant in Norway with Vittoria tie-up
• TÜRKİYE: Dataroid raises $6.6M to scale its analytics platform worldwide
• SWITZERLAND: Ahead Health raises $6M to build AI-powered health system in Europe
• SWEDEN: Polar Light Technologies raises €5M+ in funding
• FINLAND: Avenue Biosciences raises $5.7M to scale high-throughput protein engineering
• UK: Cyb3r Operations raises £4M to address third-party risk blind spots
• GERMANY: Sustainable materials company Noriware secures €4.3M ahead of market launch
• UK: Allos raises $5M in seed funding
• ESTONIA: Rollo Robotics secures €3.7M funding to mature monowheel security robot
• SWITZERLAND: AlphaLum raises €3.6M to build the missing hardware layer for mass-market smart glasses
• GERMANY: neuland.ai secured €3.5M investment
• SPAIN: RepScan closes a €3.5M funding round
• UK: Verna raises $4M to turn nature programs into measurable action
• ITALY: Deeptech spin-off Rara Factory closes a round of more than €3M
• SPAIN: Ringr raises €3M
• CZECH REPUBLIC: Modeinspect raises $3.4M seed to bring 'live design' to enterprise codebases
• UK: OutSee closes £2.5M seed funding round
• GERMANY: AVES Reality closes €2.7M seed funding round
• UK: Axol Bioscience raises $2.8M in funding
• FINLAND: Mö Foods raises €2.4M to scale oat-based cheese alternatives
• UK: Tech firm harnessing energy from ambient air, Ionech, secures £2M seed
• GERMANY: Mercura secured $2.1M investment
• SWITZERLAND: LegalTech startup Ex Nunc Intelligence closes €1.8M round for its 'Silex' platform
• UK: Mindsite has received a $2M investment
• ITALY: Bricks.sh secures €1.6M pre-seed to expand AI-native internal tools
• BELGIUM: Tinrate secures €1.6M to monetise expertise, dubbed “OnlyFans for knowledge” by its founder
• IRELAND: Luna Systems raises €1.5M to bring AI rider assistance to cycling and motorcycles
• NETHERLANDS: Touchwaves lands €1.5M for next-gen wearable tech for NATO
• SWITZERLAND: FluoSphera secures €1.23M to expand human-based preclinical platform
• UK: Spot Ship closes £1M round led by Ventures.eu to modernise ship chartering
• SWITZERLAND: Oxoia secured €1.1M investment and plans expansion into EU markets
• ESTONIA: AI startup Flashka raises €1M pre-seed and hits 1 million users in a year
• FINLAND: Homie nabs €1M to turn networks into sales pipelines
• CYPRUS: AINA introduces AI-driven hiring platform backed by $1M raise
• FINLAND: Skene raises €800,000 to accelerate software growth via AI agents
• SWITZERLAND: SayNode is raising €644,000 for its own software solutions
• BELGIUM: Feedelity raises €510,000 to turn customer feedback into action
• ITALY: LIV4 raises €500,000 to modernise industrial quality management
• SWEDEN: Influeri is backed by Zara Larsson with €466,000 investment
• SPAIN: Swipet closes a €400,000 pre-seed round led by Aticco
• SPAIN: REIDITE Industries closes a €300,000 funding round
• UK: Bioniq founder backs new workplace rewards platform incentifi with €173,000
• SPAIN: MOVEMENTS, the startup that was born to break with the 'clicktivism' of platform, received €150,000
• UK: Impli received €107,000 FIT funding
• SWITZERLAND: Diplotools secured €54,000 FIT funding
• SWITZERLAND: Hafnova received €54,000 FIT funding
• GERMANY: Enpulse Ventures is investing a seven-figure sum in Pluvion
• GERMANY: The Hamburg-based CHAPTERS Group is investing a seven-figure sum in Fuxam
• UK: PulseAI raises seed funding
• UKRAINE: Edtech platform Headway Inc secures Series A extension with backing from Endeavor Catalyst
• CZECH REPUBLIC: Maxfusion raises funding
• LITHUANIA: Cast AI becomes Lithuania’s 5th unicorn
• GERMANY: DealCircle secured a seven-figure sum investment
• SWITZERLAND: Johnson & Johnson invests in DistalMotion
• GERMANY: Lytra completes pre-seed financing for AI-driven manufacturing solution
• GERMANY: STS Ventures, Mosel Ventures, and business angels are investing an undisclosed sum in Talent2Go
• UK: BirdsEyeView receives seven-figure investment
• SLOVAKIA: Baryon Investment Fund invested in Airvolute
• UK: Basecamp Research unveils programmable gene insertion AI models, as confirms Nvidia investment
• AUSTRIA: Talents&company secured a six-figure sum investment
• SWITZERLAND: Rise PropTech is investing an undisclosed sum in viboo

Exits and M&A activity

• UK: Haydale acquires SaveMoneyCutCarbon in £24 million deal
• FRANCE: PSG-backed Corilus merges with Sofia to form European platform
• UKRAINE: Choice31 acquires online school IAMPM
• UK: Abound enters the mortgage market through the acquisition of Ahauz
• SPAIN: Goparity acquires Spain’s Bolsa Social to expand equity crowdfunding and strengthen Iberian presence
• SPAIN: Helsing’s Keybotic acquisition signals Europe’s push for defence autonomy
• FRANCE: BGF-backed SaleCycle makes swoop for French eCommerce firm
• UK: European firm Whitevision swoops for the UK's Document Logistix
• UK: Epic Games' SuperAwesome makes first acquisition since MBO
• FRANCE: Exegy acquires NovaSparks
• SWITZERLAND: FAB STUDIO acquired by influencer marketing world leader YKONE
• IRELAND: Haemonetics acquires Vivasure Medical
• GERMANY: Usercentrics acquires MCP Manager
• UK: Cloudflare buys AI data marketplace Human Native
• LUXEMBOURG: Munich-based mobility unicorn Flix is ​​acquiring a majority stake in the Flibco
• GERMANY: Munich-based fitness unicorn EGYM and American fitness and wellness unicorn Playlist are merging