European tech weekly recap: Over €763M invested across 35+ deals

Last 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.

📊 The top three industries that raised the most were software (€355.3 million), security (€265.7 million), and transportation (€88.2 million). At the country level, 🇬🇧 the UK took first place (€393.5 million), followed by 🇸🇪 Sweden (€349.4 million) and 🇩🇰 Denmark (€9.5 million).

❗ Be sure to check out the Tech.eu Funding Explorer, free and open to everyone, for deeper insights into funding data, investor activity, company profiles, and market trends. Now, let's get you up to speed on everything that happened last week.

Have a great week!

Funding deals by amount

• SWEDEN: Lovable’s valuation doubles to $13.3BN as raises $400M in new funding
• UK: Cambridge Aerospace's valuation leaps to $3.4B as raises $300M
• UK: Flying-taxi maker Vertical Aerospaces secures £74M
• UK: Lancaster University spinout Mindgard lands €26M to secure enterprise AI systems
• UK: Edgify raises $9M to expand its edge AI platform
• DENMARK: Entravel Group secures $7.5M to scale its travel infrastructure platform
• UK: Cytix raises $7M Series A to tackle cyber risks from AI-driven software development
• UK: Watercycle Technologies bags £3M to scale UK lithium production
• DENMARK: Palette raises €3M pre-seed to develop an OS for AI-native teams
• NORWAY: Visoid raises $2.5M to expand AI visualisation platform for architects
• SWITZERLAND: Fintech Aisot Technologies secures €2.1M
• SWEDEN: Millow raises €2M to expand mycelium protein across Nordic foodservice
• SPAIN: Nomade Nation closes a funding round of almost €1.8M to accelerate its expansion in Europe
• UK: Aurrigo awarded £1.43M grant for autonomous airport vehicles
• SWITZERLAND: Zerolook raises €1.6M to tackle AI-driven flight search costs
• LUXEMBOURG: Space biotech Exobiosphere secures €1M to find “cures from space”
• FINLAND: STRGY AI raises €1M to scale its AI-powered strategy execution platform
• SWEDEN: Amanda AI secures €909,380 funding
• UK: Metal Morph raises £700,000 to recover industrial resources from wastewater
• UK: MatAlytics secures £619,000 Innovate UK grant to bring physics AI to the steel sector
• GERMANY: Wasteside secures €700,000 investment
• UK: FlairMakers raises £500,000 to build platform for hospitality portfolio careers
• SPAIN: eubiOmic Health closes a €200,000 investment round
• UK: Breezemove targets UK expansion after £160,000 investment
• PORTUGAL: GalgoSheets raises €150,000 to combat inefficiency in ride-hailing services
• UK: AI Factory joined the seed funding round of music-fintech startup Kahuna
• SWEDEN: Quartr lands €15.6M to expand its AI-ready public company IR data coverage
• GERMANY: Dr. Vivien Karl receives a seven-figure sum seed investment round
• TÜRKİYE: Mobile game studio Rotatelab has received seed funding
• NETHERLANDS: MIMETAS receives majority investment from Bruker Corporation
• UK: HOUF Games received investment at a valuation of $4M
• UK: HSBC Asset Management invests in Model ML
• GERMANY: Biotech AquaNab secures funding to tackle sea lice with nanoantibodies
• UK: SubSea Craft makes multi-million-euro investment in battery specialist LORILLION, acquiring 40% stake
• UK: Liverpool graduate, 21, raises £350,000 for Skinscanner.gg
• SWITZERLAND: Bruker makes minority investment in Atinary Technologies

Exits and M&A activity

• GERMANY: The two companies Valuezon and metoda are merging
• UK: Duolingo snaps up UK animation studio Animade
• UK: Radar Healthcare expands with Cemplicity acquisition
• TÜRKİYE: Basefy has acquired Maxeo.ai, an AI visibility platform
• SWITZERLAND: Circet acquires Technik Partner
• DENMARK: Again acquires Geno to combine AI-driven discovery with industrial biomanufacturing
• SWITZERLAND: London-based market intelligence company acquires Square Commodities
• DENMARK: SEPPmail acquires CyberPilot
• GERMANY: B2B software investor Fortino Capital is acquiring a majority stake in Operations1
• GERMANY: VAFO Group acquires Pets Deli
• GERMANY: Freighttech company TIMOCOM is acquiring Cologne-based Aparkado
• UK: ARO and TalkTalk Business merge to create £200M tech group
• GERMANY: Berlin’s AI InsurTech startup omni:us acquired by Dortmund’s adesso to embed AI into core insurance systems