Lovable raises $400M, Duolingo acquires Animade, and Isembard is a politician's "wet dream"

This week, we tracked more than 35 tech funding deals worth over €763 million and over 10 exits, M&A transactions, rumours, and related news stories across Europe.
Lovable raises $400M, Duolingo acquires Animade, and Isembard is a politician's
This week, we tracked more than 35 tech funding deals worth over €763 million and over 10 exits, M&A transactions, rumours, and related news stories across Europe.

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💸 Notable and big funding rounds

🇸🇪 Lovable’s valuation doubles to $13.3BN as raises $400M in new funding

🇬🇧 Cambridge Aerospace's valuation leaps to $3.4B as raises $300M

🇬🇧 Flying-taxi maker Vertical Aerospaces secures £74M


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇬🇧 Duolingo snaps up UK animation studio Animade

🇩🇰 Again acquires Geno to combine AI-driven discovery with industrial biomanufacturing

🇨🇭Circet acquires Technik Partner

🇩🇪 VAFO Group acquires Pets Deli


🚀 Interesting moves from investors

💰 Monzo and Lovable backer Accel raises enlarged $800M early-stage fund

💵 Exponent closes €750m H&MV Engineering continuation fund for at €1.4bn valuation


🗞️ In other (important) news

💰 Revolut clinches French banking licence

💵 July 2026's top 10 European tech deals you need to know about

⚛️ MSCA-backed QuBriC brings Alice & Bob into Europe’s quantum error correction push

🚗 Uber ups robotaxi offensive in Europe, with partnership expansion


📡 Recommended reads and listens

🔧 Isembard founder: We're a politician's "wet dream" 

🩸 Efferon is ‘selling time’ in the race to treat sepsis

🇺🇦 Hollow Home: The Ukrainian game telling the civilian story of war

How research partnerships under the MSCA are driving innovation


🔭 European tech startups to watch 

🇩🇰 Palette raises €3M pre-seed to develop an OS for AI-native teams

🇳🇴 Visoid raises $2.5M to expand AI visualisation platform for architects

🇸🇪 Millow raises €2M to expand mycelium protein across Nordic foodservice

🇫🇮  STRGY AI raises €1M to scale its AI-powered strategy execution platform

🇬🇧 HSBC Asset Management invests in Model ML

🇩🇪 Biotech AquaNab secures funding to tackle sea lice with nanoantibodies

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