European tech weekly recap: €632M in deals and Tech.eu Summit London

Last week, we tracked more than 65 tech funding deals worth over €632 million, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were deeptech (€104.1 million), artificial intelligence (€63.4 million), and security (€61.5 million). Regionally, 🇬🇧 the UK took first place (€192.4 million), followed by 🇫🇮 Finland (€111.5 million) and 🇨🇭 Switzerland (€96.4 million).

The Tech.eu Summit London 2026 took centre stage on April 21–22, bringing together founders, investors, and industry leaders at the Queen Elizabeth II Centre for two days of discussions. Day one focused on AI, enterprise software, and Europe’s global competitive positioning, while day two broadened the agenda to fintech, healthtech, capital markets, agentic commerce, and the future of deeptech, offering a comprehensive snapshot of the trends shaping Europe’s technology landscape.

❗ 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

• FINLAND: Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power
• UK: Cloudsmith raises $72M Series C to secure the AI-era software supply chain
• UK: Arm subsidiary invests £50M into Raspberry Pi
• SWITZERLAND: AI scale-up BLP Digital secures $50M from Goldman Sachs
• UK: Rivan raises $34M to build synthetic gas infrastructure for Europe
• GERMANY: ATMOS Space Cargo secures €25.7M Series A to expand Europe’s sovereign return-from-orbit capability
• FRANCE: UNIVITY raises €27M to build sovereign space connectivity for telecom operators
• SWITZERLAND: Planetary raises nearly €23M to build the industrial backbone of the bioeconomy
• SWEDEN: Volta Trucks founder takes in €22M
• FRANCE: Decade Energy secures €22M to electrify logistics depots at scale
• SWITZERLAND: €16.3M to accelerate Daphne Technology methane abatement system sales
• NETHERLANDS: ScreenPoint Medical raises $14M in funding
• UK: Exergy3 raises £10M to shake up the clean heat market
• GERMANY: Omegga closed a seed funding of €10M for AI innovation
• SPAIN: McWin Capital Partners leads €10M round in Incapto to replace coffee capsules with smart subscriptions
• NETHERLANDS: Smart Robotics secures €10M Series A to expand AI robotic picking in Europe
• GERMANY: VisioLab raises $11M Series A to scale AI self-checkout globally
• UK: Crypto casino BetHog closes €8.5M Series A to scale AI live dealer platform from the UK
• IRELAND: Alesi Surgical raises £7M to clear the air in operating theatres with next-gen smoke management tech
• POLAND: GRAI raises $9M seed to transform AI music interaction
• IRELAND: Seapoint raises €7.5M in seed funding
• CROATIA: Fasal Bio secures €7M to replace plastics with renewable raw materials
• UK: Firenze secures £6M to accelerate access to Lombard lending
• FRANCE: HrFlow.ai secures €6M pre-Series A to build “Hiring SuperIntelligence” to tackle unemployment
• SWITZERLAND: Cosaic secures $6M as industry leaders back next-generation food ingredients
• PORTUGAL: DOJO AI secures €5.1M to expand its AI marketing platform in the US
• GERMANY: Warsaw Equity Group and Porsche Ventures invest €5M to &Charge
• UK: Cerca Magnetics raises €4.3M to scale wearable brain imaging systems powered by quantum sensing
• SWITZERLAND: Cleaning robot manufacturer KEMARO secures $5M to fuel global expansion
• SWITZERLAND: Bubble Robotics emerges from stealth with $5M to scale autonomous ocean robotics
• UK: Naturbeads secures €4.1M in EU funding to curb microplastic pollution with biodegradable microbeads
• FINLAND: Proteins.1 raises $4.7M in pre-seed funding
• FRANCE: Axomove completes €4M Series A to improve rehabilitation monitoring
• FINLAND: $4.5M seed for Realm to advance AI in enterprise sales
• FINLAND: TheStorage raises €3.6M to scale industrial thermal energy storage
• UK: Talent recruitment platform inploi raises £3M
• GERMANY: VREY raises €3.3M to unlock shared-roof solar
• NETHERLANDS: OrangeQS extends seed round to €15M as it launches quantum chip testing partnership programme
• NETHERLANDS: Foamlab raises €3M to replace fossil-based plastics with its bacterial cellulose foams
• UK: Calibre emerges from stealth with $3.3M to tackle “health guesswork” through causal AI
• GERMANY: Logicc secures €2.5M amid continued momentum in Germany’s secure AI market
• TÜRKİYE: Qubitrium, a company developing quantum technologies, has received a €2.25M investment
• GERMANY: Pluto Capital, an investment vehicle of the Check24 Investment Office, is investing €2M in studio vaai
• GERMANY: Linexa closes €2M pre-seed to advance AI-driven manufacturing
• GERMANY: brainjo expands mental healthcare through VR and secures €2M in seed funding
• GERMANY: Nox Mobility raises €2M pre-seed to rethink Europe’s night trains
• BELGIUM: Wenite secures €1.8M to power the future of data-driven HR
• LUXEMBOURG: Spacebackend raises €1.8M to accelerate the aerospace industry through Artificial Intelligence
• FRANCE: Sillage raises €1.7M to help sales teams follow the right signals
• ITALY: Cato's AI-powered tender management platform raises €1.6M in a pre-seed round
• BULGARIA: Quillon raises $1.5M for audit-grade AI in accounting
• UK: Locai raises £1M to develop its off-cloud AI infrastructure
• UK: QMatter secures $1.2M to tackle quantum scaling challenges
• SPAIN: Swanlaab leads a €1M funding round at Eaship
• SPAIN: BASE4 Biosciences raises $1M with the support of Kfund, Baobab Ventures, Itnig Fund and Masia VC
• SWITZERLAND: Parkn'Sleep secures €653,000 for the next expansion phase
• UK: Goldwise raises £500,000 in funding
• POLAND: Zynt raises $500,000 pre-seed to drive signal-based B2B sales
• SPAIN: TucanPay closes a €150,000 investment round to accelerate its international expansion
• FRANCE: Uber invests in HysetCo, a leader in hydrogen mobility in France
• SPAIN: SeniorDomo closes an investment round led by Bcombinator
• FINLAND: Geopyörä receives investment from Chrysalix Industrial Innovation Fund
• GERMANY: Media company Axel Springer is investing an undisclosed sum in Bryght
• GERMANY: Lumnion completes bridge funding round
• LUXEMBOURG: HQLAX closes Series C-1 funding
• SPAIN: MONDRAGON invests in Remolonas

Exits and M&A activity

• SWEDEN: €500 million Acquisition: SAGA Diagnostics acquired by Foundation Medicine, a subsidiary of Roche
• GERMANY: doValue has acquired coeo Group for €354.3M
• SWEDEN: Legora snaps up Stockholm legal research startup Qura
• SWITZERLAND: Norwegian energy tech group acquires gas trading software startup dispoEnergy
• TÜRKİYE: Mobile game publisher Tamatem has acquired Playable Factory.
• GERMANY: The Dutch payment giant Adyen is acquiring the Berlin-based scaleup Talon.One