Verda raises $117M, Aleph Alpha to be acquired, and solving the quantum bottleneck

Either way, let's get you up to speed.

💸 Notable and big funding rounds

🇫🇮 Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power

🇬🇧 Cloudsmith raises $72M Series C to secure the AI-era software supply chain

🇬🇧 Arm subsidiary invests £50M into Raspberry Pi

🇨🇭 AI scale-up BLP Digital secures $50M from Goldman Sachs

🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇩🇪  Aleph Alpha to be acquired by Cohere

🇸🇪  Legora snaps up Stockholm legal research startup Qura

🇸🇪 €500 million Acquisition: SAGA Diagnostics acquired by Foundation Medicine, a subsidiary of Roche

🇩🇪 doValue has acquired coeo Group for €354.3M

🚀 Interesting moves from investors

💸 EU–Ukraine launches €160M defence innovation programme to unlock €400M in financing

💰 Balderton adds serial entrepreneur Phil Chambers to its partnership

💵  London’s Passion Capital closes €46 million fourth Seed fund targeting AI and FinTech startups

🗞️ In other (important) news

❤️‍🩹 Hello Inside pushes metabolic health into mainstream care with BARMER deal

🤖  Aikido launches Endpoint to secure AI-native developer workflows

🇪🇺 What Happened on the First Day of the Tech.eu Summit London 2026?

🇪🇺  What Happened on the Second Day of the Tech.eu Summit London 2026?

📡 Recommended reads and listens

⚛️ The quantum bottleneck isn’t chips — it’s lasers, and Vexlum wants to fix it

💰 Fintech: 10 companies that raised the most in 2025

🇸🇮 A Small Country With a Big Playbook: How Slovenia Is Rethinking Startup Internationalisation

🔭 European tech startups to watch 

🇩🇪 Nox Mobility raises €2M pre-seed to rethink Europe’s night trains

🇧🇪  Wenite secures €1.8M to power the future of data-driven HR

🇧🇬  Quillon raises $1.5M for audit-grade AI in accounting

🇬🇧 QMatter secures $1.2M to tackle quantum scaling challenges

🇵🇱 Zynt raises $500,000 pre-seed to drive signal-based B2B sales