European tech weekly recap: More than 60 tech funding deals worth over €1.2B

Last week, we tracked more than 60 tech funding deals worth over €1.2 billion, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were artificial intelligence (€733.5 million), fintech (€232.6 million), and food (€73.7 million). Regionally, 🇫🇷 France took first place (€808.2 million), followed by 🇬🇧 the UK (€227.7 million) and 🇩🇪 Germany (€79.3 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

• FRANCE: Mistral secures first debt raise of $830M to power its first data centre
• UK: 9fin raises $170M, reaching a $1.3B valuation
• FINLAND: IQM secures €50M to accelerate global growth
• GERMANY: Midas closes $50M Series A to scale on-chain investment products
• IRELAND: Manna Air Delivery raises $50M in Series B funding
• UK: Sona raises $45M Series B funding
• FRANCE: Standing Ovation raises €30M to scale precision fermentation dairy proteins globally
• GERMANY: €23 million backs ecoworks in rolling out Germany’s largest serial building renovation
• FRANCE: Kestra raises $25M Series A to build the enterprise orchestration standard
• UK: Claret Capital just wrote Paysend a $25M cheque to compete with Wise, Airwallex and Revolut
• FRANCE: Generare secures €20M to scale molecular discovery platform
• BELGIUM: Qover raises $12M from CIBC as it celebrates 10 years of embedded insurance growth
• UK: AI diagnostic startup Lucida Medical raises £9M in Macmillan-backed round
• NETHERLANDS: Brilliance raises €6M to tackle AR hardware’s key bottleneck with RGB laser chip technology
• SWEDEN: Jane Walerud's portfolio company Graphmatech raises €5.5M
• FRANCE: Kulipa raises $6.2M for stablecoin-native card issuing infrastructure platform
• GERMANY: TerraSpark advances space-based solar power with €5M funding
• ITALY: Wearable Robotics closes €5M Series A to scale development
• SWITZERLAND: Delta Labs raises €4.4M for AI customer simulation platform
• GERMANY: Nature Robots raises €4M to tackle agriculture’s “triple threat” with AI and robotics
• BELGIUM: Nexus raises $4.3M in seed funding
• FRANCE: Omniscient raises $4.1M to strengthen data-driven executive decision-making
• SWITZERLAND: Covalo lands €3.5M funding extension to advance personal care data platform
• FRANCE: Alice & Bob secures €3.4M ARPA-E award to discover rare-earth-free magnets using quantum computing
• UK: Semarion raises $3.8M to scale cell assay technology
• SPAIN: Brickken secures €3M to expand tokenisation infrastructure
• UK: Quantcore Technologies raises £2.5M in funding
• UK: Riplo raises £2.3M to build an AI operating system for consulting
• GERMANY: deeplify raises €2M to modernise infrastructure inspections
• SWITZERLAND: Metafuels awarded €1.92M to develop Rotterdam e-SAF project
• SWITZERLAND: Lobby raises $2.2M to automate group bookings across the travel industry
• ESTONIA: “Digital Brains” for experts as Pickmybrain raises $2.1M
• SWITZERLAND: Connectome secures €1.7M to scale personalised brain health insights and early cognitive change detection
• GERMANY: PENEMUE raises over €1.7M to combat online hate, digital violence, and disinformation with AI
• FINLAND: Audicin raises $1.9M to expand real-time nervous system tech
• FINLAND: Sensmet secures €1.5M to scale real-time metals monitoring for Europe’s raw materials supply
• DENMARK: Financial News Systems raises €1.5M
• SWEDEN: Endform secures €1.5M for high-performance web testing tools
• FINLAND: Test of Things raises €1.2M to automate cybersecurity testing for connected devices
• SWITZERLAND: miros raises €1.1M to bring on-demand workpods to public spaces
• FINLAND: Metaktik raises €1M pre-seed to bring metasurface antennas to market
• SWITZERLAND: OOMNIUM secures €945,000 via its own platform
• SWEDEN: Pugz is raising €900,000 for its wireless headphones
• UK: Airspection raises £300,000 in funding
• SPAIN: After driving major citizen campaigns, values-led MOVEMENTS secures €300,000 pre-seed and opens extension round
• UK: Vuabl raises £222,000 in funding
• SPAIN: Fibtray closes a €250,000 funding round
• MOLDOVA: Paparuda Studio lands €210,000 to launch Moldova’s next generation of game development talent
• SWITZERLAND: DeltaSpark receives €163,000 from Venture Kick
• SWEDEN: Enkei secures pre-seed funding to develop circular design materials
• SWITZERLAND: UBS makes a strategic investment in Artificialy
• SWITZERLAND: Cohaga raises millions and launches a tool for presence in AI responses
• SPAIN: Maguar takes significant stake in GlobalSuite Solutions to capitalise on surging demand for compliance tech
• UK: AccessPay receives majority investment from Accel-KKR
• BELGIUM: AI platform Backbone aims to cut costly quality failures in food production
• AUSTRIA: ViaThermo secured a six-figure sum investment
• UK: REG Technologies receives debt financing from CIBC Innovation Banking
• AUSTRIA: GuardAero secured a seven-figure sum investment
• BELGIUM: Crypto startup Keyrock hits unicorn status, says valuation quadrupled
• GERMANY: Verrano received an undisclosed sum investment

Exits and M&A activity

• ITALY: Online publishing company ZNEXT acquires a majority stake in Factanza Media, worth €5.1M
• GERMANY: Afreshed acquires etepetete as food waste startups consolidate in DACH
• SWEDEN: Cafeyn acquires Readly’s non-Nordic operations to scale European press platform
• GERMANY: Uber has acquired chauffeur-driven ride-hailing company Blacklane
• SWITZERLAND: Zürich-based Starmind acquired by US AI platform company Capacity
• COLOMBIA: MiQ acquires Adsmovil
• GERMANY: Main Capital Partners is acquiring a majority stake in Gingco