Isomorphic Labs lands $2.1B, Keel's post-neobank pivot, and Poland's software evolution

This 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.
Isomorphic Labs lands $2.1B,  Keel's post-neobank pivot, and Poland's software evolution
This 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.


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💸 Notable and big funding rounds

🇬🇧 Nscale secures $790M financing to underscore commitment to Norway data centre

🇬🇧  Recursive Superintelligence emerges from stealth with $650M raise

🇩🇪 N8N's valuation doubles to $5.2B following SAP strategic investment


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇹🇷 Glocalzone acquired by MovitOn to expand decentralised logistics network

🇬🇷 Blackstone acquires Greek market leader Skroutz

🇮🇹  Superprof acquires its Italian rival


🚀 Interesting moves from investors

💵  BioInnovation Institute launches AI Lab with €7M from Danish Industry Foundation

💸  New Arāya Sie Fund closes at £7.5m to back female-led startups

💸. Ofgem and Innovate UK launch £500m energy fund


🗞️ In other (important) news

🩺  Corti launches no-equity accelerator for healthcare AI startups

💪  Nordic Compass launches to fast-track Nordic resilience and industrial competitiveness

💸 Keel unveils fintech infrastructure business after pivot from neobank


📡 Recommended reads and listens

💵 Startup nsave is bringing international banking access to Syrians shut out of the financial system

🎮  Meet the startup taking on gaming's cheating problem

🇵🇱  From outsourcing to AI-native delivery: Poland’s software evolution


🔭 European tech startups to watch 

🇮🇹  Gyver scores €1.4M to help power Europe’s industrial workforce


🇩🇪  Regulate raises €1.4M seed to bring science-backed breathwork into the workplace


🇸🇮 DDD Invoices raises €1.31M to simplify global e-invoicing compliance


🇧🇪  Holmes launches with €1.1M pre-seed for autonomous software testing


🇨🇭 Minima secured £780,000 in the form of a convertible loan


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