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

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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 product launch. Deal value was not disclosed.

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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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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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Pigment CEO Eléonore Crespo: 'I'd Rather Learn About AI than Watch a Movie'
News•Feb 11, 2026

Pigment CEO Eléonore Crespo: 'I'd Rather Learn About AI than Watch a Movie'

Pigment, the Paris‑based business‑planning platform founded in 2019, has become a unicorn valued at over $1 bn after a $145 m Series D round led by ICONIQ Growth and Sandberg Bernthal Venture Partners. The company’s AI agents, launched last year, can perform CFO‑level scenario analysis and...

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Atomico and Project A Back Industrial Supply Startup Andercore in $40m Series B
News•Feb 11, 2026

Atomico and Project A Back Industrial Supply Startup Andercore in $40m Series B

Andercore, an AI‑powered trading platform for industrial supplies, announced a $40 million Series B round. The round was led by venture firms Atomico and Project A. The capital will accelerate product development and expand the platform’s reach across global manufacturers. Andercore aims to...

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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 Takes £25m Stake in Octopus Energy-Spinoff Kraken
News•Jan 20, 2026

British Business Bank Takes £25m Stake in Octopus Energy-Spinoff Kraken

The British Business Bank (BBB) has committed £25 million to Kraken, the software arm spun out of Octopus Energy, marking BBB’s largest direct stake in a private firm and valuing Kraken at $8.56 billion. The investment is part of a broader $1 billion...

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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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US Legaltech Unicorn Harvey Is Pushing Hard Into Europe. Can It Win?
News•Jan 15, 2026

US Legaltech Unicorn Harvey Is Pushing Hard Into Europe. Can It Win?

Harvey, the US legal‑tech unicorn backed by Andreessen Horowitz, EQT and Evantic, is accelerating its European push with new offices in Paris, Spain and Germany and a growing London team. The company now reports $190 m in annual recurring revenue and...

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Lightspeed-Backed Plan A Acquired for €55m
News•Jan 8, 2026

Lightspeed-Backed Plan A Acquired for €55m

Berlin‑based carbon accounting startup Plan A was acquired by NASDAQ‑listed Diginex for €55 million, comprising €3 million in cash and €52 million in Diginex shares. Founded in 2017, Plan A helps firms quantify environmental impact and has raised $40 million from investors such as...

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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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Multiverse Cut Dozens of Jobs as Losses Widened
News•Jan 5, 2026

Multiverse Cut Dozens of Jobs as Losses Widened

London‑based edtech firm Multiverse announced 55 redundancy payments for the year to March 2025, reflecting its first headcount reduction since founding. The company posted a pre‑tax loss of £63.3 million, up £2.6 million year‑on‑year, even as revenue climbed more than a third to...

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Europe’s Founders and VCs Share Their New Year Resolutions for 2026
News•Dec 31, 2025

Europe’s Founders and VCs Share Their New Year Resolutions for 2026

European founders and venture capitalists outlined their 2026 New Year resolutions, emphasizing mental space, delegation, and personal well‑being as they scale fast‑moving startups. Leaders at Tem, Flown, Harmonic Security and TestGorilla pledged to create breathing room and step back from...

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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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