European Tech Weekly Recap: More than 60 Tech Funding Deals Worth over €1.2B
Last week European tech markets saw more than 60 funding rounds, collectively raising over €1.2 billion (approximately $1.3 billion). Artificial intelligence led the pack with €733.5 million ($800 million) in capital, followed by fintech (€232.6 million) and food tech (€73.7 million). France emerged as the top‑funded country, attracting €808.2 million, while the UK and Germany secured €227.7 million and €79.3 million respectively. The recap also notes over five exits and M&A transactions, with a downloadable CSV for deeper analysis.
New Belgian AI Platform Backbone Aims to Cut Costly Quality Failures in Food Production
Belgian startup Backbone launches an AI platform for real-time quality and compliance management in food production, backed by seed funding from 100IN. The system consolidates fragmented supplier, lab, and procedural data to detect risks before they reach production, addressing an...
Cafeyn Acquires Readly’s Non-Nordic Operations to Scale European Press Platform
Cafeyn Group is acquiring Readly’s non‑Nordic operations, adding its German and UK assets to the platform. The deal expands Cafeyn’s catalogue to over 10,000 titles and lifts its user base to more than 2.5 million. Combined revenues are projected at nearly...
Paparuda Studio Lands €210K to Launch Moldova’s Next Generation of Game Development Talent
Moldovan indie studio Paparuda secured over €210,000 (about $229,000) to develop its first globally‑targeted video game. Founded in 2026, the team of five will grow to 15‑20 specialists as it builds a cooperative‑focused Indie/AA title for PlayStation, Xbox and Nintendo....
The Missing Layer in Europe’s AI Strategy: Data Ownership
European policymakers are pushing digital sovereignty, yet the missing piece is data ownership. As AI models become commoditized, control over the underlying data is emerging as the true competitive moat. Countly, an open‑source, self‑hosted analytics platform, illustrates how firms can...
Sensmet Secures €1.5M to Scale Real-Time Metals Monitoring for Europe’s Raw Materials Supply
Finnish startup Sensmet has secured a €1.5 million (≈ $1.6 million) investment from EU‑backed EIT RawMaterials to expand its micro‑discharge optical emission spectroscopy (µDOES) platform. The technology delivers real‑time, laboratory‑grade analysis of multiple metals in liquid streams, focusing on lithium, cobalt, nickel and...
Six Months Out of Stealth, Credibur Hits €2B in Facility Volume
Credibur, a Berlin fintech that emerged from stealth six months ago, now supports €2 billion (about $2.16 billion) of structured debt facilities on its platform. The company raised $2.2 million in pre‑seed funding led by Redstone to build an API‑ and AI‑driven infrastructure...
Audicin Raises $1.9M to Expand Real-Time Nervous System Tech
Finland‑based Audicin secured $1.9 million in new financing, raising its total capital to roughly $3 million. The round featured private investors, follow‑on support from founders, and backing from Business Finland’s Deep Tech Accelerator. Audicin’s portfolio includes a passive SDK that syncs with...
Metafuels Awarded €1.92M to Develop Rotterdam E-SAF Project
Swiss sustainable aviation fuel company Metafuels secured a €1.92 million (≈ $2.1 million) grant from the Netherlands Enterprise Agency for its Rotterdam e‑SAF project, administered through its Dutch subsidiary. The funding will finance front‑end engineering, permitting and commercial preparation for the Turbe plant,...
Brickken Secures €3M to Expand Tokenisation Infrastructure
Barcelona‑based Brickken, a tokenisation infrastructure provider for financial institutions, closed a €3 million (≈$3.3 million) pre‑Series A round. The round attracted strategic European investors, including Dedagroup founder Marco Podini and venture firm GRX. Brickken’s platform enables banks, asset managers and issuers to tokenise equity,...
Kestra Raises $25M Series A to Build the Enterprise Orchestration Standard
Kestra, a French open‑source orchestration platform, announced a $25 million Series A round led by RTP Global, bringing its total funding to $36 million. The capital will accelerate development of Kestra 2.0, enhancing distributed execution and real‑time observability. The company also plans to broaden...
Is University Losing Its Edge? ELVTR Bets on Live, Industry-Led Learning
ELVTR, a spin‑out of the LABA Group, runs a live, instructor‑led platform that bridges traditional online courses and on‑the‑job training. It now offers more than 100 short, intensive programs across AI, product, design, data and creative fields, and has taught...
Belgium Crypto Startup Keyrock Hits Unicorn Status, Says Valuation Quadrupled
Belgium‑based crypto infrastructure firm Keyrock announced it has reached unicorn status after a Series C round that lifted its valuation to roughly $1.1 billion. The round, led by SC Ventures – the venture arm of Standard Chartered – includes participation from Ripple...
Semarion Raises $3.8M to Scale Cell Assay Technology
Semarion, a Cambridge spin‑out, secured $3.8 million (≈£2.9 million) in a Series A round led by Parkwalk to scale its SemaCyte cell‑based screening platform. The funding follows a $2.89 million seed round in 2022 and will be used to expand manufacturing, field support,...
Riplo Raises £2.3M to Build an AI Operating System for Consulting
London‑based Riplo announced a £2.3 million (≈$2.9 million) pre‑seed round led by Cherry Ventures, with participation from Blue Lion Capital, QuantumBlack founders, and sector angels. The startup is building an agent‑first operating system that embeds AI agents directly into consulting workflows, allowing...
Standing Ovation Raises €30M to Scale Precision Fermentation Dairy Proteins Globally
Standing Ovation, a French precision‑fermentation startup, closed a €30 million Series B round (≈$32.5 million) led by the France 2030‑backed Ecotechnologies 2 fund and Crédit Mutuel Innovation, with participation from Danone Ventures, Bel Group and other investors. The financing includes €25 million in equity (≈$27 million) and...
IQM Secures €50M to Accelerate Global Growth
Finland‑based quantum computing startup IQM Quantum Computers has secured a €50 million financing package, roughly $55 million, from BlackRock‑managed funds. The capital will bolster IQM’s balance sheet ahead of its planned SPAC merger that would make it Europe’s first publicly listed quantum...
German Deeplify Raises €2M to Modernise Infrastructure Inspections
German AI startup deeplify closed a €2 million (≈$2.2 million) pre‑seed round led by D11Z Ventures. The funding will expand its end‑to‑end AI platform that digitises inspection workflows for pipelines, energy and chemical assets. Deeplify already pilots with Open Grid Europe, SKF...
Europe Builds Microsoft-Alternative ‘Euro-Office’ to Reclaim Digital Sovereignty
European enterprises and community groups have launched Euro-Office, an open-source office suite designed to match Microsoft Office compatibility while ensuring digital sovereignty. Backed by IONOS, Nextcloud, Eurostack and other major firms, the project offers a tech preview now with a...
Aleph Alpha’s Former CEO Lures Apple Engineer From US to Join European Startup
Former Aleph Alpha CEO Jonas Andrulis announced his new AI venture, CNTR, backed by a multi‑million‑dollar (≈ $5 million) investment from German consultancy Roland Berger. The startup focuses on "collaborative AI" systems that keep humans in the decision loop to curb hallucinations...
Hiro Capital Boss on LeCun, Clegg, and AI Investing
Hiro Capital announced a $55 million co‑lead investment in AMI Labs, the world‑model AI startup founded by former Meta chief scientist Yann LeCun. The investment is the first deployment from Hiro’s new Hiro III fund, a €500 million‑plus (~$545 million) vehicle aimed at spatial AI,...
DSV and Renaissance Philanthropy Set Out to Rewire Crop Resilience Innovation
Deep Science Ventures (DSV) and Renaissance Philanthropy have launched a venture‑creation project to build deep‑tech spin‑outs that boost crop resilience against climate extremes. The initiative, part of their Climate Emergencies Resilience Lab, moves beyond static genetic modification by focusing on...
Allday Goods Raises £765K to Scale Its Cult, Recycled-Plastic Knife Brand
Allday Goods, an East London kitchenware brand that turns landfill-bound plastic into colourful knife handles, has secured £765,000 (approximately $970,000) in a funding round led by FIGR Ventures. The round also includes Anotherway Ventures, Machroes Holdings and several angels, adding...
Most UK Startups Aren’t in London. But Most Funding Still Is
A recent analysis shows that while 53% of the UK’s high‑growth startups are located outside London, they capture only 39% of venture funding. Entrepreneur Jenson Brook’s Britain’s Got Startups (BGS) platform is trying to bridge the gap by showcasing regional...
Theia Insights Grabs $8M to Map the Global Economy with AI
Cambridge‑based deep‑tech firm Theia Insights secured $8 million in a Series A round led by MiddleGame Ventures, bringing its total capital to $14.5 million. The startup uses AI to create a continuously updated, multi‑dimensional map of the global economy, replacing static industry labels...
Klarna Veterans Launch Galdera with €1.5M for AI Financial Modeling
Galdera Labs, founded by former Klarna finance leaders, announced its launch with €1.5 million (≈$1.6 million) pre‑seed funding. The Stockholm startup is building an AI‑driven platform that continuously updates financial models while preserving the reasoning behind each assumption. Its "reasoning infrastructure" combines...
Giraffe360 Raises $10M Series B Financing Led by Cipio Partners
Giraffe360, an AI‑powered real‑estate marketing platform, closed a $10 million Series B round led by Cipio Partners, with participation from Founders Fund, Hoxton Ventures, LAUNCHub, and Change Ventures. The company’s hardware‑software solution creates HDR photos, virtual tours, LiDAR‑based 2D/3D floor plans, video,...
Arkadia Space Secures €14.5M EIC Backing for Green Propulsion Tech
Spanish startup Arkadia Space has received €14.5 million (≈ $15.8 million) from the European Innovation Council Accelerator, split into a €2.5 million grant, €6 million equity and €6 million private investment. The money backs its hydrogen‑peroxide‑based green hypergolic propulsion system, aimed at replacing toxic hydrazine fuels....
SOUS Secures €4M to Develop AI Growth Tools for Restaurants
Amsterdam‑based SOUS, an AI‑driven growth platform for independent restaurants, closed a €4 million seed round (approximately $4.4 million). The funding, led by Seed +Speed Ventures, will fuel product development, team expansion, and European rollout, beginning with Germany. SOUS’s AI agents operate continuously...
Futurepresent Emerges From Stealth with $300M Fund I to Back AI Across Infrastructure and Industry
Futurepresent, a German‑US venture firm, has emerged from stealth with a $300 million Fund I aimed at backing artificial‑intelligence ventures across infrastructure and industry. The partnership, built around a small, relationship‑focused team, has already placed capital in 14 startups ranging from pre‑seed...
Y Combinator-Backed Mandel AI Raises $3.9M to Automate Global Supply Chains
Mandel AI, a Y Combinator‑backed startup, secured $3.9 million in seed funding to launch an AI‑driven supply‑chain coordinator. The platform sits atop existing email and ERP systems, using specialized agents to read supplier messages, reconcile purchase orders and invoices, and act...
German Fintech Solaris to Axe 20 per Cent of 400-Strong Workforce, as Becomes “AI-Native Bank"
German fintech Solaris is cutting about 80 jobs, roughly 20% of its 400‑strong staff, as it pivots toward becoming an “AI‑native bank.” The restructuring follows a previous write‑down and a rescue funding round led by Japan’s SBI Group. New CEO...
Entrix Raises €43M as Contracted Battery Storage Portfolio Reaches 3GW
Entrix announced a €43 million (≈$47 million) funding round led by Junction Growth Investors and Korys, bringing its contracted battery storage portfolio to 3 GW (8.5 GWh). Of this capacity, 2 GW will be live by 2026 across more than 70 European sites. The company...
With $8M, Eunice Brings Institutional-Grade AI to Due Diligence
London‑based Eunice, which builds AI‑driven due‑diligence infrastructure for regulated markets, closed an $8 million seed and pre‑seed round led by Moonfire Ventures and Speedinvest. The funding will accelerate development of its institutional‑grade AI agents and broaden coverage beyond digital assets into...
With €30M Series A, Subbyx Scales Its Subscription Model Across Europe
Italian‑based Subbyx has closed a €30 million (≈$33 million) Series A round, bringing its total financing to €50 million (≈$55 million). The round, led by Systemiq Capital with Azimut participation and venture debt from Flashpoint, will fund the rollout of its AI‑powered Subbyx Builder platform...
![The European IoT Surge: How Czech Tech Won Vilnius [Sponsored]](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://cdn.tech.eu/uploads/2026/03/acrios-systems-875.png)
The European IoT Surge: How Czech Tech Won Vilnius [Sponsored]
Vilnius has completed a city‑wide smart‑meter rollout, deploying 10,000 IoT data concentrators from Czech firm ACRIOS Systems to automate utility reading for roughly 500,000 residents. The deployment was finished in just five months, with each unit capable of handling up...
Building the Path to 3D-Printed Organs, Cellbricks Raises €10M for Biofabricated Tissue Implants
Berlin‑based Cellbricks Therapeutics secured €10 million (≈$11 million) in funding, including a €7 million seed round and over €3 million of non‑dilutive capital, to advance its light‑based biofabrication platform. The company aims to commercialise vascularised human tissue implants for complex wound healing and breast...
Nick Candy-Backed Fintech VibePay Falls Into Liquidation, Job Losses
Fintech VibePay, a UK peer‑to‑peer payment app backed by Nick Candy’s Candy Ventures, entered liquidation after investors withdrew funding. The company, founded in 2019 by Luke Massie, had raised over £12 million (approximately $15 million) and aimed to enable open‑banking account‑to‑account transfers...
NanoZymeX Secures €160K to Advance Lipid Nanoparticle Enzyme Therapies for Rare Diseases
Swiss biotech NanoZymeX has secured €160,000 (about $174,000) from Venture Kick to accelerate its lipid‑nanoparticle platform for enzyme replacement therapies. The technology, spun out of the University of Basel, seeks to improve delivery of therapeutic enzymes into muscle cells and lysosomes,...
Agents for Finance Startup Zalos Raises $3.6M to Transform Finance Departments
Zalos, a London‑San Francisco fintech, raised a $3.6 million seed round led by 14Peaks Capital to develop AI agents that automate finance‑team workflows. The startup’s agents log into existing ERP, CRM, spreadsheet, and banking systems, handling tasks without requiring a stack...
The 2026 European Deeptech Report: Sector Reaches $690B as VC Share Hits Record
The 2026 European Deeptech Report shows the sector now valued at $690 billion, with venture‑capital backing representing a record 32 percent of Europe’s total tech investment. In 2025 deeptech funding reached $20.3 billion, led by the UK and with Paris emerging as the...
Team Scaleup Launches to Close Europe’s Post-Seed Funding Gap
Team Scaleup has launched a bespoke accelerator aimed at closing Europe’s post‑seed funding gap, where only one in four startups advance to Series A. The platform combines an AI‑driven analysis engine with a network of operational experts to diagnose gaps in...
Why Top Banking Executives Are Choosing Startups — and What It Takes to Get Them There
European fintech venture builder 0TO9, targeting 1,000 fintechs by 2045, launched Flow & Partners, a working‑capital financing startup. The firm offers cash‑flow‑based funding and factoring for deals up to €50 million ($54 million) across four European markets, with plans to expand to...
Foreverland Lands €6M to Tackle Cocoa Supply with Alternatives
Foreverland, a Milan‑based foodtech firm, raised €6 million (≈$6.5 million) in a new round, taking its total funding to €9.4 million (≈$10.2 million). The capital will fund European expansion, senior talent hires, and an organic cocoa‑free product line. Its flagship ingredient, Choruba, uses carob...
EGIDE Raises €8M Seed to Build Affordable Interceptor Systems for Modern Warfare
French defence‑tech startup EGIDE announced an €8 million seed round co‑led by Expeditions, Eurazeo and Heartcore Capital. Founded in 2025 by former MBDA engineers, the company is developing electrically propelled interceptors and a hardware‑agnostic AI software suite called Mystique. The funding...
Newly Secures $2M+ in Funding to Advance Native App Creation Platform
Stockholm‑based Newly, formerly Natively, announced a funding round exceeding $2 million, led by PSV Tech and supported by several venture firms and angel investors. The capital will accelerate its AI‑powered platform that lets users build, iterate, and launch fully compliant native...
360 Capital Announces €85M Close for Poli360 2, Targeting €100M
360 Capital has closed €85 million for its second technology‑transfer vehicle, Poli360 2, with a target size of €100 million. The Article 8 SFDR‑compliant fund will back 20‑25 early‑stage deep‑tech startups, allocating at least 80 % of capital to Italy and the remainder across Europe....
European Tech Weekly Recap: More than 55 Tech Funding Deals Worth over €504M
Last week European startups secured more than 55 funding rounds totaling over €504 million. Fintech attracted the most capital at €118 million, followed by AI (€82.7 million) and software (€63.7 million). Germany and the United Kingdom together accounted for over half of the total...
AI Model Giants Should Pay a Levy to Operate in Europe, Says Mistral Boss
Mistral CEO Arthur Mensch is urging Europe to impose a revenue‑based levy on AI model providers that sell services within the bloc. The proposed tax, ranging from one to five percent of European revenues, would be funneled into a central...
Meet Rachel: The AI Agent that Phoned 3,000 Pubs to Price a Pint
AI engineer Matt Cortland built an AI voice agent called Rachel that called more than 3,000 Irish pubs during Paddy’s weekend 2026 to collect Guinness pint prices. Over 2,000 pubs answered and more than 1,000 provided verified prices, forming the...
