European tech weekly recap: More than 55 tech funding deals worth over €4B

Last week, we tracked more than 55 tech funding deals worth over €4 billion, and over 10 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were healthtech (€1.9 billion), artificial intelligence (€787.5 million), and cloud (€676.6 million). Regionally, 🇬🇧 the UK took first place (€3.7 billion), followed by 🇫🇷 France (€121.1 million) and 🇹🇷 Türkiye (€61.1 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

• UK: Isomorphic Labs lands $2.1B investment
• UK: Nscale secures $790M financing to underscore commitment to Norway data centre
• UK: Recursive Superintelligence emerges from stealth with $650M raise
• UK: AI chip startup Fractile raises $220M to tackle the growing inference bottleneck
• UK: Paymentology targets new growth areas with $175M investment
• UK: Blockchain analytics platform Elliptic secures £88.8M
• UK: Euan Blair’s Multiverse raises $70M at $2.1B valuation
• TÜRKİYE: Grand Games raises $70M Series B to scale hybrid casual mobile games
• FRANCE: UroMems raises $60M in funding
• GERMANY: NVision raises $55M in Series B funding
• NETHERLANDS: eyeo raises €40M to improve imaging and sensor performance
• FRANCE: Mantle8 raises €31M in Series A funding
• SPAIN: Embat raises €30M in Series B funding
• UK: Defence tech firm Rowden secures £25M from the National Wealth Fund
• UK: Iceotope raises $26M to advance cooling for next-generation AI infrastructure
• UK: Fifth Dimension raises €22M to scale AI-powered decision intelligence for real assets
• ITALY: Webidoo raises $25M in funding
• FINLAND: Algorithmiq moves global HQ to Milan and raises €18M in Italy’s largest quantum VC round
• UK: With $18M in new funding, Adfin expands AI-powered business finance
• FRANCE: Capital B raises €15.2M
• ITALY: Pillar secures €12M to build an AI-powered operating system for construction
• FRANCE: White Circle lands $11M to help companies secure AI systems
• UK: Happl raises over £8M to accelerate global employee benefits system
• UK: Agribiotech startup Resurrect Bio closes €8.8M Series A to develop disease-resistant crops
• NETHERLANDS: Healthtech Ditto raises €7.6M to bring AI-powered patient support across Europe
• ITALY: Cellply secures €7.15M to develop tools for faster immunotherapy and cell therapy development
• SWEDEN: Energy startup Elvy raises €6.4M
• FRANCE: VirtualBrowser raises €6M
• UK: Palm payments startup Five ID raises $6M
• GERMANY: EnBW New Ventures, Wepa Ventures, and business angels are investing over €5M in Elephant Company
• UK: Dessn raises €5M to help product teams design and prototype inside real codebases
• ROMANIA: DesignVerse raises $5.5M to modernise legacy enterprise software
• FRANCE: Fakto raises €3.6M to track down the millions lost in supplier invoices
• UK: PANTA raises €3.4M to modernise how financial indices are built and managed
• FRANCE: Ouinex reaches $9M in community funding, launches token platform
• UK: Kaizan raises £2.5M to boost its AI client management platform
• BELGIUM: Ventory closes €2.65M funding round led by KBC Securities
• GERMANY: NanoStruct raises €2.6M seed to bring same-day pathogen detection to the food industry
• SPAIN: Fresh People becomes Booster and closes a €2.6M funding round
• GERMANY: Clera receives $3M from 1984 Ventures, Deel Ventures, and business angels
• SPAIN: Dolfin raises €2.1M in seed funding
• UK: Envoke raises £1.6M in funding
• UK: H2CHP has secured a £1.5M investment round
• CZECH REPUBLIC: Zerops raises $2M seed to rebuild cloud infrastructure for the AI development era
• FRANCE: TwoWay raises €1.5M pre-seed, brings real-time intelligence to fragmented trading desks
• UK: Tolemy Bio lands €1.4M to power AI-driven cell biology
• ITALY: Gyver scores €1.4M to help power Europe’s industrial workforce
• GERMANY: Regulate raises €1.4M seed to bring science-backed breathwork into the workplace
• TÜRKİYE: Data platform Hardal has received over $1.5M in investment
• SWITZERLAND: capzlog.aero raised a total of €1.3M in its latest financing round
• SLOVENIA: DDD Invoices raises €1.31M to simplify global e-invoicing compliance
• BELGIUM: Holmes launches with €1.1M pre-seed for autonomous software testing
• SWITZERLAND: Minima secured £780,000 in the form of a convertible loan
• SPAIN: Healthtech company Ainovis closes a €680,000 investment round
• SPAIN: beXReal closes a €200,000 funding round in just 12 hours
• GERMANY: SAP invests in Parloa
• SWITZERLAND: AMP IT raises new funding
• GERMANY: N8N's valuation doubles to $5.2B following SAP strategic investment
• UK: AppCheck takes private equity investment from LDC

Exits and M&A activity

• TÜRKİYE: Glocalzone acquired by MovitOn to expand decentralised logistics network
• UK: London fintech Banked acquired by Australia’s top business lender
• GERMANY: The US-based inMusic is acquiring the insolvent Berlin-based music company Native Instruments
• TÜRKİYE: Insider One has acquired Silicon Valley-based unicorn Bluecore
• GERMANY: Sovendus is acquiring the Berlin-based cross-selling tech company 35up
• GERMANY: Walter Services Group is acquiring the Ingolstadt-based AI telephone agent startup novofon.ai
• UK: £100 million deal sees PE firm take majority stake in Rendesco
• GREECE: Blackstone acquires Greek market leader Skroutz
• GERMANY: The Mainz-based Aareon Group is acquiring easimo
• GERMANY: NCSoft acquires JustPlay
• UK: PrimaryBid acquired by SoFi
• ITALY: Superprof acquires its Italian rival
• GERMANY: NCSoft acquires JustPlay
• NETHERLANDS: Fulfilmentcrowd acquires Fulfilment.nl to accelerate European growth