European tech weekly recap: €1.4B in deals and April's highlights

Last week, we tracked more than 65 tech funding deals worth over €1.4 billion, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.

📊 European tech activity in April 2026 showed stable deal volume compared to March, while total capital raised declined. The ecosystem recorded 290 funding deals and €5.1 billion in capital raised, compared to 292 deals and €7.5 billion in March.

At the country level, 🇬🇧 the UK remained the largest funding hub, although capital raised decreased to €1.9 billion from €2.6 billion in the previous month. Exit activity also declined, with 35 exits recorded in April compared to 52 in March.

Sector allocation shifted between major verticals, with 🌱 cleantech attracting €1.3 billion in April, following 🤖 AI’s lead position in March with €1.8 billion in funding.

For a more detailed review of the European tech ecosystem, including country and sector performance, funding activity, and exits, check out our April report.

❗ 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

• UK: ElevenLabs adds BlackRock, Nvidia and Jamie Foxx to $550M+ Series D
• NETHERLANDS: QuantWare secures €152M for large-scale quantum systems
• UK: Quantum outfit Quantum Motion run on silicon chips raises $160M
• AUSTRIA: Waterdrop secures over €100M in funding
• FRANCE: LegalPlace raises €70M and acquires Legalstart
• GERMANY: Deeptech eleQtron lands €57M Series A funding
• UK: Nyobolt raises $60M in Series C funding, at $1B valuation
• ITALY: Traveltech startup Smartness closes €47M Series B for European expansion
• ESTONIA: Skeleton Technologies announces €33M first close of pre-IPO round as it prepares for 2027 US IPO
• SWEDEN: SWEBAL raises €30M to build Sweden’s first TNT facility and strengthen NATO ammunition supply
• GERMANY: LiveEO lands €28M from b2venture, EIC, Helantic for satellite constellation
• FRANCE: Lithosquare raises €22M to accelerate transition-critical mineral discovery with Geology AI
• UK: EnteroBiotix secures £19M to support IBS microbiome clinical trial
• FINLAND: Peter Sarlin's AI startup Qutwo raises €25M and hits €325 million valuation months after launch
• UK: AI consulting startup co-founded by DeepMind scientist, Ethos, lands $22.75M Series A
• DENMARK: Reel raises €15M to make renewable energy predictable for businesses and profitable for producers
• UK: OpenTrade secures $17M in strategic funding to scale its stablecoin yield infrastructure
• SWEDEN: Pit launches with $16M, led by Andreessen Horowitz, to power AI-native enterprise operations
• UK: Meatly raises £10.4M to build Europe’s largest cultivated meat bioreactor facility in London
• FRANCE: OpsMill raises $14M to address enterprise infrastructure data challenges
• BELGIUM: AI startup Tekst raises €11.5M to tackle the bottleneck holding back enterprise AI
• SWEDEN: Playreplay brings in €10.2M
• UK: Cambridge spinout Barocal secures £7.4M seed fund
• UK: Palatine Growth Credit backs Beauhurst’s European expansion with £7M
• UK: CodeWords raises $9M to bring proactive AI agents to businesses
• NORWAY: Backed by Y Combinator and 20 unicorn founders, Moritz lands $9M
• UK: WaiV Robotics emerges from stealth with €6.4M to develop autonomous UAV landing infrastructure
• UK: Kohort raises $7M in Series A funding
• FRANCE: Davis secures $5.5M to accelerate real estate design workflows
• ITALY: A-Cube lands €4M to accelerate global expansion
• FINLAND: Deeptech startup Reduciner secures €3.6M to convert emissions into value
• UK: Corvera raises $4.2M to bring agentic AI to CPG supply chains
• PORTUGAL: Pollen grabs €3.2M co-led by Pale Blue Dot to build battery-swap network for mopeds and motorcycles
• FRANCE: Nabu raises €3M to scale digital customs in Europe
• GERMANY: One-time treatment with lasting effects as Sedivention advances obesity therapy with €2.9M funding
• SWITZERLAND: Moonlight AI raises €2.8M to turn routine blood and cytology imaging into genomic insights
• SWITZERLAND: Oberland Biotech raises €2.7M in seed funding
• UK: Asterix Health raises £2.1M to boost NHS primary care hiring
• NETHERLANDS: Rabobank and LUMO Labs Avendar’s €2.2M round to give European governments a sovereign AI alternative to Palantir
• GERMANY: vGreens secured a €2M investment
• GERMANY: Mobility Signage secures €1.8M to unify public transport IT
• POLAND: Elastics secures $2M pre-seed to build AI agents for prediction markets
• TÜRKİYE: Mobile game studio Mindtail has received a $2M investment
• LATVIA: BirdyChat raises €1.7M to keep work chats off personal phones
• GERMANY: Vireo Ventures, Italian Founders Fund, and business angels are investing €1.7M in Invertix
• ITALY: South Tyrol’s profitize raises €1.4M to scale AI-powered financial planning for the hospitality sector
• NETHERLANDS: FrostByte secures a cool €1.3M to scale cryogenic electronics for quantum computing
• SPAIN: Humara raises €1.2M to cut waste plant design cycles from months to days with AI SaaS
• BELGIUM: Maurice & Nora raises €1M to address rising care demand
• GERMANY: ENVIOTECH raises €1M pre-seed for smart street lighting
• SPAIN: Hirevoice closes a €900,000 funding round led by Draper B1
• UK: Luna Pet Healthcare secures £700,000 to improve pet dental care
• SWEDEN: Detecht lands €395,000 to grow global motorcycle platform
• SPAIN: Neety raises €330,000 in a pre-seed round
• SWEDEN: Kabloie raised €200,000 from Antler to make short-form audio
• TÜRKİYE: Karavan received a €187,000 investment from StartupCentrum Alpha GDPR
• SWITZERLAND: SurgExplore received €163,000 from InnoBooster
• IRELAND: FotoNation closes pre-A funding
• GERMANY: meteoviva receives investment from Bregal Milestone
• GERMANY: ViViRA secured an undisclosed sum investment
• GERMANY: TukToro secured an undisclosed sum investment
• SPAIN: Visma invests in Bilky to strengthen its growth in Spain
• NETHERLANDS: CarCollect secures backing from Main Capital to scale automotive remarketing platform
• GERMANY: The medical technology and healthcare group Fresenius is investing an undisclosed sum in Avelios Medical
• GERMANY: Onyx Biotech received an undisclosed sum investment
• SWEDEN: Duiu raised an undisclosed amount in funding
• SWITZERLAND: Fruitful AI closes strategic investment round

Exits and M&A activity

• NETHERLANDS: Quantum Machines acquires QHarbor and opens Delft office to deepen European quantum footprint
• DENMARK: Getaround Europe and GoMore merge to create Europe’s largest peer-to-peer carsharing network
• NETHERLANDS: Netradyne acquires Moove Connected Mobility to scale AI-powered fleet intelligence across Europe
• UK: Doctolib acquires Medicus, plans to invest £100M+ in UK
• GERMANY: SAP bets €1B on German AI startup Prior Labs
• FRANCE: ZigZag expands global presence with Shipup swoop
• GERMANY: The American HR company Deel is acquiring the Cologne-based scaleup Sastrify
• GERMANY: Scandinavian private equity investor Norvestor is acquiring a majority stake in the debt collection startup Debtist