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FT-backed European startup/scaleup analysis, founder stories, and funding.

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Dash0 Targets $1bn Valuation with Balderton-Led Funding Round, Reports Say
News•Feb 27, 2026

Dash0 Targets $1bn Valuation with Balderton-Led Funding Round, Reports Say

Dash0, an AI‑native cloud‑monitoring platform founded in 2023, is in talks with Balderton Capital to lead a new funding round that would value the company at $1 billion, elevating it to unicorn status. The New‑York‑based startup, which retains a strong operational presence in Berlin, previously closed a $35 million Series A backed by Accel, Cherry Ventures and Dig Ventures. Its AI copilot, Agent0, helps developers pinpoint cloud‑infrastructure issues faster. Founder Mirko Novakovic stresses the importance of European venture participation despite the U.S. headquarters shift.

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‘We Are at Risk’: Mistral CEO Warns Against US Dominance in AI
News•Feb 19, 2026

‘We Are at Risk’: Mistral CEO Warns Against US Dominance in AI

Mistral CEO Arthur Mensch warned at the AI Impact Summit that a handful of U.S. tech giants are monopolising AI development and infrastructure, creating a risk of excessive leverage. He contrasted Mistral’s €12 bn valuation with OpenAI’s $850 bn-plus market cap, underscoring...

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‘We Have some Work to Do’: Nasdaq Stockholm’s President on Losing Klarna to New York
News•Feb 19, 2026

‘We Have some Work to Do’: Nasdaq Stockholm’s President on Losing Klarna to New York

Nasdaq Stockholm’s president warned that the exchange must act after Klarna chose a New York listing, a move that underscores growing competition from U.S. markets. Last year Nasdaq Stockholm and its Nordic peers captured 60% of Europe’s equity capital‑market activity,...

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Quantum Systems Founder Sells Stake in ARX Robotics Ahead of Similar Product Launch
Deals•Feb 19, 2026

Quantum Systems Founder Sells Stake in ARX Robotics Ahead of Similar Product Launch

The founder of German drone maker Quantum Systems sold his stake in unmanned ground robot maker ARX Robotics a month before launching a similar product. The transaction, reported on Feb 19, 2026, signals a strategic move ahead of the new...

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Vizza Secures €30M in Series B Funding to Accelerate AI-Powered Video Surveillance
Deals•Feb 19, 2026

Vizza Secures €30M in Series B Funding to Accelerate AI-Powered Video Surveillance

European video surveillance startup Vizza announced a €30 million Series B round, marking a significant milestone for the company. The new capital will be used to enhance its AI-driven video analytics platform and expand its market presence across Europe.

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Ineffable Intelligence Raises $1bn Seed Round Led by Sequoia Capital
Deals•Feb 18, 2026

Ineffable Intelligence Raises $1bn Seed Round Led by Sequoia Capital

Former DeepMind scientist David Silver is raising $1bn for his new AI lab Ineffable Intelligence, valuing the company at $4bn. The seed round is led by Sequoia Capital, with Nvidia, Google and Microsoft reportedly considering participation.

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AI-Powered Worksite Safety Startup Fyld Raises £32m Series B
News•Feb 17, 2026

AI-Powered Worksite Safety Startup Fyld Raises £32m Series B

London‑based AI startup Fyld has closed a £32 million Series B round, led by Energy Impact Partners with participation from Partech’s Growth Impact Fund. The funding will fuel the expansion of its real‑time safety and compliance platform for frontline workers into the...

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Mistral Seals First Acquisition Deal with Cloud Startup Koyeb
News•Feb 17, 2026

Mistral Seals First Acquisition Deal with Cloud Startup Koyeb

Mistral AI announced its first acquisition, buying French serverless cloud startup Koyeb. The move aims to accelerate Mistral's AI compute offering and build a sovereign AI cloud platform. Mistral, founded in 2023, has raised nearly €2.8 bn and is valued at...

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Drone Startup Stark Raises Undisclosed Round, Valuation Tops €1bn
Deals•Feb 13, 2026

Drone Startup Stark Raises Undisclosed Round, Valuation Tops €1bn

German armed drone startup Stark announced a fresh, undisclosed funding round that pushes its valuation above €1 billion. The raise follows a previous $62 million round and comes as the company prepares to sign a €2.4 billion contract with the German armed forces....

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German Mining Startup Hades Raises €15M in Seed Round
Deals•Feb 11, 2026

German Mining Startup Hades Raises €15M in Seed Round

German mining startup Hades announced a €15 million seed round, valuing the company at €67.5 million. The round was co‑led by HV Capital and Headline, with participation from existing investors Project A and Visionaries Tomorrow. The funding will be used to expand...

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Allonic Raises $7.2M Pre‑seed Round Led by Visionaries Club
Deals•Feb 10, 2026

Allonic Raises $7.2M Pre‑seed Round Led by Visionaries Club

Budapest‑based robotics startup Allonic announced a $7.2 million pre‑seed round, the largest ever in Hungary. Led by Visionaries Club, the round also includes Day One Capital, Prototype, SDAC Ventures, TinyVC, RoboStrategy and angel investors from OpenAI, Hugging Face, ETH Zurich and...

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Uber to Acquire Getir's Turkish Delivery Business From Mubadala
Deals•Feb 9, 2026

Uber to Acquire Getir's Turkish Delivery Business From Mubadala

Uber announced it will acquire Getir's delivery operations in Turkey from controlling shareholder Mubadala. The deal includes Getir's food, grocery and water services, expanding Uber's presence in the Turkish market. Deal terms and value were not disclosed.

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Daphni Closes €260m Early-Stage Deeptech Fund
Deals•Jan 29, 2026

Daphni Closes €260m Early-Stage Deeptech Fund

Paris‑based VC Daphni announced the final close of its latest fund at €260 million, targeting early‑stage science‑based startups in Europe focused on climate and social challenges. The fund will back up to 50 companies with tickets of €500 k–10 m and has already...

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Swiss VC B2venture Raises €150m for Fifth Deeptech Fund
Deals•Jan 28, 2026

Swiss VC B2venture Raises €150m for Fifth Deeptech Fund

Swiss venture capital firm B2venture announced a €150 million raise for its fifth fund, its largest to date, targeting deeptech sectors such as robotics, manufacturing and biotech. New limited partners include asset manager Flexstone and Swiss pension fund Stiftung Abendrot, and...

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Ledger Prepares for US IPO Valued at over $4bn
Deals•Jan 23, 2026

Ledger Prepares for US IPO Valued at over $4bn

French crypto‑hardware unicorn Ledger is preparing for a US initial public offering that could value the company at more than $4 bn. The firm has engaged Goldman Sachs, Jefferies and Barclays as underwriters, with the listing expected later this year.

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British Business Bank Invests £25m in Kraken, Octopus Energy Spin‑off
Deals•Jan 20, 2026

British Business Bank Invests £25m in Kraken, Octopus Energy Spin‑off

The British Business Bank has taken a £25 million stake in Kraken, a software spin‑off of Octopus Energy, as part of a $1 billion share sale that values the company at $8.56 billion. The investment, the bank’s largest direct private‑company stake, supports its...

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Ananda Impact Ventures Closes €73m First Close for Deep‑tech Fund
Deals•Jan 19, 2026

Ananda Impact Ventures Closes €73m First Close for Deep‑tech Fund

Early‑stage investor Ananda Impact Ventures announced a €73 million first close for a new deep‑tech and impact fund in Europe. The firm aims to reach a final close of €108 million later this year.

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Diginex Acquires Carbon Accounting Startup Plan A for €55 M
Deals•Jan 8, 2026

Diginex Acquires Carbon Accounting Startup Plan A for €55 M

NASDAQ‑listed ESG platform Diginex is buying Berlin‑based carbon accounting startup Plan A for €55 m, paying €3 m in cash and €52 m in shares for full ownership. Founder Lubomila Jordanova will remain CEO as the company joins Diginex, marking further consolidation in...

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Belief Capital Closes $20M Fund to Back AI, Robotics and Infrastructure Startups
Deals•Dec 22, 2025

Belief Capital Closes $20M Fund to Back AI, Robotics and Infrastructure Startups

Solo GP Kevin Costa announced the final close of a $20 million Belief Capital fund aimed at pre‑seed and seed‑stage AI, robotics and infrastructure companies in Europe and the US. The fund’s investors include VC firms Hummingbird, Point Nine, Adjacent, fund‑of‑funds...

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Fuse Energy Secures $70M Funding Led by Balderton and Lowercarbon Capital
Deals•Dec 18, 2025

Fuse Energy Secures $70M Funding Led by Balderton and Lowercarbon Capital

London‑based Fuse Energy announced a $70 million venture round at a $5 billion valuation, led by Balderton and Lowercarbon Capital. The round also includes QuantumLight and aims to fund expansion into Ireland, Spain and the US as well as new consumer hardware....

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