Chip startup Olix raises $312M, Mobilise launches investment arm, and a deep dive into July funding

This week, we tracked more than 35 tech funding deals worth over €1 billion and 5 exits, M&A transactions, rumours, and related news stories across Europe.
Chip startup Olix raises $312M, Mobilise launches investment arm, and a deep dive into July funding
This week, we tracked more than 35 tech funding deals worth over €1 billion and 5 exits, M&A transactions, rumours, and related news stories across Europe.

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💸 Notable and big funding rounds

🇬🇧 UK chip startup Olix raises $312M at $3.3B valuation

🇬🇧 Volta raises $300M at $2.4B valuation with Nvidia and Dell backing

🇪🇸 HappyRobot lands $150M Series C to scale agentic AI for enterprise operations


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇨🇿 Apple acquired PlasmaSolve startup to develop durable coatings for its devices

🇫🇷 Rebuy acquires Zeercle and plans to enter the brick-and-mortar book trade


🚀 Interesting moves from investors

🇮🇹 After AOL and Eventbrite, Bending Spoons lands first post-IPO deal with $1.3B Airtable acquisition

💰Mobilise launches investment arm to scale telecom software companies through strategic partnerships 

💵 White Star Capital closes $250M Fund IV to back global startups from Series A to B


🗞️ In other (important) news

💰 July funding: European startups secure €8.6B as exit activity accelerates

👏  Thousands of SMEs tap into MSCA funding

🤖 New York-headquartered AI startup Modal Labs to open London office


📡 Recommended reads and listens

🤖 When AI starts pretending to be your PR team, it's a problem

🇬🇧 The UK's top-funded tech companies in H1 2026

🚰  As Mediterranean wells run dry, Ahbstra launches machine that makes drinking water from air


🔭 European tech startups to watch 

🇫🇮 Legal AI startup Aavalynx raises £1.5M to cut the cost of corporate disputes

🇮🇹  Aflabox raises €1.35M seed to bring food safety testing into the field

🇫🇷 Shiplog raises $1M to build AI customer intelligence for B2B SaaS

🇧🇬 Estel Technologies raises €270,000 to modernise tech staffing sales

🇬🇧 Platter lands follow-on funding from Verb Ventures to modernise food supply operations

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