European tech weekly recap: More than 75 tech funding deals worth over €1.9B

Last week, we tracked more than 75 tech funding deals worth over €1.9 billion, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were cleantech (€1.2 billion), semiconductors (€226 million), and healthtech (€109.5 million). Regionally, 🇸🇪 Sweden took first place (€1.2 billion), followed by 🇬🇧 the UK (€403.1 million) and 🇩🇪 Germany (€69 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

• SWEDEN: Stegra bags €1.4B rescue funding package for giant European green-steel plant
• UK: CamGraPhic secures €211M from EU to build graphene tech for faster AI data transfer
• UK: Wayve raises new £44B investment from chip giants
• UK: STORM Therapeutics raises $56M in Series C funding
• DENMARK: Energy startup Subra secures €40M from Novo Holding as it gobbles up smaller competitor
• ITALY: €38M in funding for Niulinx, the Italian robotaxi platform
• GERMANY: Synera raises $40M in Series B funding
• UK: Lightcast raises $27M in funding
• IRELAND: Solidroad scores $25M Series A to turn customer conversations into actionable data
• SWITZERLAND: Acutronic raises $25M to expand defence technology operations
• SWEDEN: BioLamina secures €20M EIB loan to scale cell therapies for chronic diseases
• UK: Gizmo secures $22M Series A to advance AI-powered education
• DENMARK: spektr raises $20M Series A to streamline financial compliance
• FINLAND: Kelluu raises €15M to scale autonomous airship intelligence platform
• FRANCE: Agriodor raises €15M to expand scent-based crop protection globally
• SWEDEN: AlixLabs closes €15M Series A to scale Atomic Layer Etching technology
• SWEDEN: Fermi secured €11.6M in external capital
• GERMANY: Nesto secures €11M to scale its AI workforce management platform for hospitality
• FRANCE: Aviationtech startup Donecle bags €10M to grow drone-based inspection platform
• UK: Wamo closes €10M Series A to power European SMEs
• UK: Helical secures $10M to advance virtual AI lab for pharma research
• UK: TraqCheck raises $8M to turn hiring into an AI-run workflow
• UK: Clean Food Group raises £4.5M to scale yeast-derived oils and fats from food waste with an additional £700,000 non-dilutive grant from Innovate UK
• UK: Round raises $6M to scale its AI-powered finance automation platform
• GERMANY: Speedinvest, Caesar Ventures, and business angels are investing $6M in Blocks
• UK: Lua raises €4.9M to scale its human-agent collaboration platform
• TÜRKİYE: Brix raises $5.5M to support the tokenisation of emerging market assets
• TÜRKİYE: Lucida AI, a voice-based AI language learning application, has received $5.4M in funding
• NORWAY: Stendr secures $5.4M pre-seed to develop AI-driven defence systems
• ITALY: UniCredit invests €4M in BlockInvest
• GERMANY: Fil Rouge Capital, Sandwater, Grazia Equity, Vi Partners, and Bayern Kapital are investing €4M in XO Life
• SPAIN: BigBuy raises €4M from GVC Gaesco Alternative Investments and international investors
• GERMANY: Play Ventures, Y Combinator, 20VC, Multimodal Ventures, and Rebel Fund are investing $4.5M in Uplane
• DENMARK: As the AI era strains human verification, Flare bags €3.6M to support knowledge validation
• UK: Mission Control Games launches with $4M to develop new casual gaming sub-genres
• GERMANY: SPiNE secured a €3M investment
• IRELAND: Otel AI raises €2.8M in total funding
• GERMANY: YC-backed Openlaw closes $3.3M seed to digitise Europe's notary nightmare
• SPAIN: Modern Relay raises $3M to build a shared infrastructure layer for AI agents in the enterprise
• SWEDEN: SolvaPay raises €2.4M to build payment infrastructure for agentic commerce
• GERMANY: EVANIUM secures €2.2M to improve the solubility and bioavailability of nutraceutical ingredients
• GERMANY: Peak Quantum reaches €5M in total funding for quantum chips
• SPAIN: Methinks Software receives €2.19M from the State Investigation Agency
• POLAND: Replenit raises $2.5M to bring real-time AI decision-making to retail
• POLAND: Graftcode secures €2.1M to simplify AI-era software integration
• UK: Ralio raises £1.8M for its agentic business payments platform
• ITALY: Smartwage raises €2M in pre-seed funding
• LITHUANIA: Outcraft AI raises €2M to support autonomous sales and revenue agents
• DENMARK: Sapient Perception secures €2M pre-seed to develop large-area drone perception
• UK: HR startup for the AI era, urfuture, raises £1.7M
• FINLAND: Algorithmiq wins €1.7M prize for quantum-enabled light-sensitive cancer drug discovery
• SWITZERLAND: Redstone, Concept Ventures, Octopus Ventures, and business angels are investing $2M in Connectome Health
• IRELAND: Audrey AI secures $1.8M to develop AI platform for financial auditors
• UK: StirLight raises £1.25B to bring real-time quality assurance to friction stir welding at scale
• IRELAND: Vox Talk AI secures €1.35M to bring AI operators to alarm monitoring and the CCTV industry
• SPAIN: GuruSup closes a €1.3M seed round led by 4Founders Capital
• SPAIN: SETT invests €1.1M in ScrapAd, a digital technology platform that contributes to the circular economy
• UK: The Little Loop raises £750,000 to drive sustainable fashion resale
• TÜRKİYE: Shubuo, a company operating in the field of outdoor advertising, received a $1M investment from Turpe
• UK: openmoove receives £700,000 equity investment
• SPAIN: Bel Community closes an €800,000 funding round to boost personalised education
• SWITZERLAND: CONDA.ch relies on its own crowdfunding platform and raises €634,000
• FINLAND: Proptech Jaakko.com secures €500,000 to scale beyond the domestic market
• GERMANY: Zell raises €500,000 to scale AI-powered sales management
• UKRAINE: Obriy AI raises $500,000 to take multi-agent enterprise automation global
• GERMANY: IBB Ventures is investing €400,000 in Insellar
• SPAIN: CarHub closes a €350,000 funding round led by Encomenda
• UK: Qalzy secures pre-seed backing
• TÜRKİYE: Maxi Mobility Solutions Technology received a $225,000 investment
• SWITZERLAND: LightSeeds awarded €160,000 to turn walls into watts
• AUSTRIA: SchuBu receives a seven-figure sum investment
• UK: The Schwarz Group is investing in 1Global
• UK: Best.Energy receives investment from Future Business Partnership
• SWITZERLAND: AlpineAI raises double-digit million seed round for sovereign AI
• FRANCE: Fine art logistics company Convelio secures Series C funding
• UK: Smash received an undisclosed sum investment
• GERMANY: EKK & Co. is investing a seven-figure sum in smartvillage
• AUSTRIA: Gro Capital is investing a double-digit million-euro sum in ToolSense
• GERMANY: Real estate developer Landmarken and existing investor neworld are investing a seven-figure sum in lively

Exits and M&A activity

• UK: Standard Life announces £2B acquisition of Aegon UK
• BULGARIA: Codery acquires Elfshock to launch AI automation division
• SPAIN: Fracttal acquires TCMAN to strengthen its strategic position in Europe
• CANADA: Aryza acquires Toronto's Umbrella Tech
• UK: Experian acquires Konfir
• FRANCE: The French startup WeMaintain acquired by the American giant Otis
• SPAIN: Euronet acquires PaynoPain
• GERMANY: The Heidelberg-based InsurTech company Getsafe is acquiring its Hamburg-based competitor helden.de
• GERMANY: The Dortmund-based data and analytics company Dataciders is acquiring the AI ​​startup DataSpark