European tech weekly recap: More than 55 tech funding deals worth over €850M

Last week, we tracked more than 55 tech funding deals worth over €850 million, and over 15 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were semiconductors (€236.7 million), software (€153.8 million), and healthtech (€69 million). Regionally, 🇬🇧 the UK took first place (€274.8 million), followed by 🇨🇭 Switzerland (€234.1 million) and 🇩🇪 Germany (€95.5 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

• SWITZERLAND: Kandou AI closes $225M Series A round to break memory bottlenecks in AI
• UK: Granola raises $125M at $1.5B valuation
• UK: Vuelo secures €64M in seed funding to build an AI-native travel booking experience
• GERMANY: Entrix raises €43M as contracted battery storage portfolio reaches 3GW
• SWEDEN: PaperShell wins up to €40.3 million for new Tibro factory
• NORWAY: Lace Lithography lands €34.5M to extend Moore’s Law by replacing light with atoms
• SWITZERLAND: PAVE Space secures $40M to fast-track satellite deployment
• SWEDEN: Resurs Bank invests €34M in Kustom
• ITALY: With €30M Series A, Subbyx scales its subscription model across Europe
• UK: Origin raises $30M Series A+ to improve global benefits efficiency
• NETHERLANDS: OpenUp secures €20M to expand its employee mental health platform across Europe
• UK: Jaaq raises £13M in funding
• ITALY: Innovative inspection company Dronus raises €15M
• SPAIN: Arkadia Space secures €14.5M EIC backing for green propulsion tech
• GERMANY: Interloom raises $16.5M to develop enterprise memory for AI agents
• UK: Epoch Biodesign raises $12M to bring recycled nylon to scale
• SWEDEN: Deeptech startup Renasens lands €10M to scale textile recycling in Europe
• GERMANY: Building the path to 3D-printed organs, Cellbricks raises €10M for biofabricated tissue implants
• GERMANY: Claret Capital is investing in Wellster healthtech
• UK: Warehouse intelligence company Dexory adds €9.8M from British Business Bank to Series C
• UK: Bioliberty raises $10.2M in funding
• LATVIA: Giraffe360 raises $10M Series B financing led by Cipio Partners
• GERMANY: Wind Capital, Venture Stars, and Angel Invest are investing €8.5M in blue activity
• FRANCE: EGIDE raises €8M seed to build affordable interceptor systems for modern warfare
• UK: Theia Insights grabs $8M to map the global economy with AI
• UK: With $8M, Eunice brings institutional-grade AI to due diligence
• UK: Climatetech platform Zevero raises $7M amid growing global demand for carbon data
• ITALY: Foreverland lands €6M to tackle cocoa supply with alternatives
• UK: Prezzo CEO’s ‘mind blown’ as he raises £4.5M for TiPJAR
• GERMANY: Vorwerk Ventures and ESN founder Benjamin Burkhardt are investing €5M in pace club
• ITALY: UpSurgeOn raises €5M in funding
• GERMANY: INCIRT secures €4.8M to power next-gen chip architecture in Europe
• UK: Stateful Robotics secures $4.8M to advance long-term robot intelligence
• NETHERLANDS: SOUS secures €4M to develop AI growth tools for restaurants
• BULGARIA: Y Combinator-backed Mandel AI raises $3.9M to automate global supply chains
• SWITZERLAND: MESH secures $3.8M seed round to automate rebar construction globally
• SPAIN: Galtea lands $3.2M to cut costly AI testing delays
• UK: Keith raises €2.3M ahead of Q3 2026 launch
• SWITZERLAND: SolidWatts closed €1.9M for industrial process heating vision
• SWEDEN: Newly secures $2M+ in funding to advance native app creation platform
• SWEDEN: Volta Greentech secures €1.7M to tackle global warming by reducing methane emissions from cows
• SWEDEN: Klarna veterans launch Galdera with €1.5M for AI financial modelling
• TURKEY: Pocket eSIM, a company that develops eSIM-based mobile connectivity solutions, has received $1.5M in investment
• SPAIN: IONLY closes a €1.2M funding round
• SPAIN: bcount closes a €1M funding round
• AUSTRIA: Minimist closes €1M pre-seed to power second-hand retail with AI
• UK: Allday Goods raises £765,000 to scale its cult, recycled-plastic knife brand
• UK: Regeno raises £422,000 from the British Business Bank for next-gen wind turbines
• TURKEY: Bulbi received a $500,000 investment from NEO Ventures
• SWITZERLAND: NanoZymeX secures €160,000 to advance lipid nanoparticle enzyme therapies for rare diseases
• TURKEY: Datasance, which develops an open-source EdgeOps platform for enterprise clients, has received investment
• AUSTRIA: Raiffeisen Holding NÖ-Wien is investing a seven-figure sum in afreshed
• TURKEY: Aidea received investment from ENA Venture Capital and RePie Portfolio
• UK: Applied Computing receives strategic investment from KBR
• TURKEY: Driventure has invested in Vignetim, a mobility platform
• SWITZERLAND: Solar Monkey and Eturnity merge and attract fresh capital
• GERMANY: Zerothird secured an undisclosed sum of investment
• GERMANY: Agent F received an undisclosed sum investment

Exits and M&A activity

• UK: Swedish-founded Kobalt is sold for €1.3B
• UK: London-based Huel joins Danone in a billion deal to scale plant-based nutrition globally
• UK: Bioniq cashes in on personalised health boom with $150 million Herbalife acquisition
• NORWAY: Kustom is acquiring Norwegian Vipps Mobile Pay's checkout solution for €43.8M
• NETHERLANDS: Unifly buys EuroUSC-Benelux to bridge drone tech and regulation at scale
• SPAIN: Adzuna acquires Trovit and Mitula jobs businesses to expand global footprint
• POLAND: Sokin acquires Genpaid
• AUSTRIA: The Italian software company Bending Spoons is acquiring the Austrian pet tracking company Tractive
• TURKEY: Ergün Holding acquired the agri-fintech company TARCOM
• UK: Zenobē acquires Revolv
• FRANCE: OVHcloud accelerates its AI efforts with the acquisition of Dragon LLM
• SWITZERLAND: Sanius Health acquires Kielo Research
• UK: TalkTalk Business acquires Planet IT
• SWITZERLAND: SEALSQ to acquire Miraex
• GERMANY: The Essen-based myneva Group is acquiring GETECO
• SWITZERLAND: Solar Monkey and Eturnity merge and attract fresh capital
• SWEDEN: Eversports and MATCHi Group are merging