European tech weekly recap: More than 55 tech funding deals worth over €504M

Last week, we tracked more than 55 tech funding deals worth over €504 million, and 3 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were fintech (€118 million), artificial intelligence (€82.7 million), and software (€63.7 million). Regionally, 🇩🇪 Germany took first place (€155.6 million), followed by🇬🇧 the UK (€146.7 million) and 🇳🇱 the Netherlands (€50 million).

❗ Now, 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: Upvest raises $125M to strengthen its API-based investment platform
• NETHERLANDS: WorkFlex secures €37M to automate cross-border workforce compliance
• SWEDEN: Candela, the ‘Tesla of boats’, lands €30M from EQT and World Bank’s IFC
• UK: Sequoia-backed Edra raises $30M Series A to turn enterprise data into self-improving AI agents
• UK: Foresight raises $25M in Series A funding
• FRANCE: Parallel raises $20M to scale AI solutions for hospital administration
• UK: Tracebit raises $20M Series A to expand cloud-native deception tech
• UK: Maven invests £15M in law enforcement software group
• SPAIN: Eranovum closes €16M investment round
• SWITZERLAND: Rivia raises $15M to fix the broken data infrastructure behind clinical trials
• UK: Data centre boom fuels need for cement substitutes as Cocoon Carbon lands €13M
• IRELAND: GridBeyond receives €12M investment
• UK: Agentic healthcare platform Flexzo AI raises £9M
• GERMANY: Kupando raises additional €10M in Series A funding
• GERMANY: With Europe reliant on foreign critical raw materials, WeSort.AI raises €10M to recover them from waste
• UKRAINE: Defence startup Buntar Aerospace lands €9M
• GERMANY: Eternal.ag raises €8M to automate greenhouse harvesting with AI-powered robots
• UK: Climate analytics startup Earth Blox lands €6.9M investment round
• GREECE: Wikifarmer raises $7.7M to develop AI tools for the agricultural supply chain
• CZECH REPUBLIC: Choice secures $7.1M Series A to expand its restaurant operating system across Europe
• UK: Pi Labs leads $7M round in VerbaFlo for AI real estate platform
• UK: Oxford Medical Simulation secures €5.78M to tackle healthcare training gap with virtual reality
• GERMANY: Tower.dev raises over €5M
• FRANCE: Young "bug bounty hunter" bags $6M pre-seed round for security startup
• GERMANY: Logistikbude has convinced a renowned consortium of investors and secured over €5M in a Series A financing round
• NETHERLANDS: Reson8 collects €5M to develop Europe-focused speech AI
• NETHERLANDS: Agritech startup BBLeap secures €5M to scale precision spraying technology globally
• FRANCE: games2gether closes €4.5M Series A funding
• UK: Steward, an AI-driven compliance platform managing $100B, raises $5M
• SPAIN: Webel closes €4.3M funding round for its home services platform
• UK: Biotech building "molecular glues" AI platform raises £3.6M
• GERMANY: Level Nine raises €4M to unlock local feedstocks for chemicals
• ITALY: Alomana raises €4M for its AI operating layer for enterprise workflows
• GERMANY: Ventech leads Bounti’s €4M funding to apply AI in the physical economy
• FRANCE: Homaio lands €3.6M to extend access to energy transition assets
• UK: xmemory raises $4M in pre-seed funding
• UK: Chalkie raises $4M in funding
• SWEDEN: Everdrone raises €3.34M in funding
• UK: Sequential raises $3.5M in funding
• AUSTRIA: sequestra secures €3M seed to scale its CO2 mineralisation technology for industrial use
• NETHERLANDS: Scinus secures €3M to tackle one of the biggest challenges in cell therapy
• UK: Agent debugging startup Laminar raises $3M seed to tackle the observability gap in AI agents
• FINLAND: Elea & Lili raises €2.5M to scale fossil-free absorbent materials
• SPAIN: Health Lean Analytics secures over €2.1M to automate hospital data and optimise surgical workflows
• FRANCE: Blify secures $2.1M pre-seed to develop AI training platform
• BELGIUM: Ringtime secures €1.8M to improve blue-collar hiring processes
• ITALY: CiaoDott raises €1.5M pre-seed to bring vertical voice AI to Italy’s medical sector
• FRANCE: Cleavr raises €1M to develop an AI solution for accounts receivable
• SWITZERLAND: Rhonexum secures $1M to scale cryogenic electronics for quantum computing
• UK: First Concepts raises $1M to develop AI-native OS for creative work
• SPAIN: LUDA Partners closes a round of more than €750,000
• SWEDEN: Noru raises €560,000 to develop an agentic compliance platform
• TURKEY: Sanamekan, which has moved the venue finding and rental processes to the digital environment, received a $400,000 investment
• ROMANIA: eYou raises €300,000 to build a European social media platform focused on trust
• GERMANY: Kewazo closes Series A extension funding
• UK: TradingHub receives strategic investment from Nordic Capital
• AUSTRIA: Diamens received a six-figure sum investment

Exits and M&A activity

• UK: Nscale snaps up major US data centre site, American Intelligence & Power Corporation, inks AI compute deal with Microsoft
• NETHERLANDS: TMA acquires Amsterdam’s BrainsFirst to combine psychometrics with neuroscience-based talent insights
• SWITZERLAND: Amazon acquires Zurich-based Rivr, developer of stair-climbing robots for doorstep delivery