European Tech Weekly Recap: €763M Invested Across 35+ Deals
The European tech scene saw significant investments and exits in the past week, with over €763 million invested across 35+ deals and over 10 exits and M&A transactions.
European tech investors poured over €763 million into the industry last week, with a total of 35+ deals across the continent. The top three industries that raised the most were software, security, and transportation, with the UK taking the top spot in terms of country-level investments.
### Top Industries and Countries
| Industry | Amount (€ million) | | --- | --- | | Software | 355.3 | | Security | 265.7 | | Transportation | 88.2 |
The UK led the way in terms of country-level investments, with a total of €393.5 million invested in the past week. Sweden came in second, with €349.4 million invested, followed closely by Denmark with €9.5 million.
### Funding Deals
The past week saw a number of significant funding deals across Europe. Some of the notable deals include:
* Lovable's valuation doubling to $13.3BN as it raises $400M in new funding * Cambridge Aerospace's valuation leaping to $3.4B as it raises $300M * Flying-taxi maker Vertical Aerospaces securing £74M * Lancaster University spinout Mindgard landing €26M to secure enterprise AI systems * Edgify raising $9M to expand its edge AI platform * Entravel Group securing $7.5M to scale its travel infrastructure platform * Cytix raising $7M Series A to tackle cyber risks from AI-driven software development * Watercycle Technologies bagging £3M to scale UK lithium production * Palette raising €3M pre-seed to develop an OS for AI-native teams * Visoid raising $2.5M to expand its AI visualisation platform for architects * Aisot Technologies securing €2.1M * Millow raising €2M to expand its mycelium protein across Nordic foodservice * Nomade Nation closing a funding round of almost €1.8M to accelerate its expansion in Europe * Aurrigo being awarded £1.43M grant for autonomous airport vehicles * Zerolook raising €1.6M to tackle AI-driven flight search costs * Exobiosphere securing €1M to find “cures from space” * STRGY AI raising €1M to scale its AI-powered strategy execution platform * Amanda AI securing €909,380 funding * Metal Morph raising £700,000 to recover industrial resources from wastewater * MatAlytics securing £619,000 Innovate UK grant to bring physics AI to the steel sector * Wasteside securing €700,000 investment * FlairMakers raising £500,000 to build platform for hospitality portfolio careers * eubiOmic Health closing a €200,000 investment round * Breezemove targeting UK expansion after £160,000 investment * GalgoSheets raising €150,000 to combat inefficiency in ride-hailing services * AI Factory joining the seed funding round of music-fintech startup Kahuna * Quartr landing €15.6M to expand its AI-ready public company IR data coverage * Dr. Vivien Karl receiving a seven-figure sum seed investment round * Rotatelab receiving seed funding * MIMETAS receiving majority investment from Bruker Corporation * HOUF Games receiving investment at a valuation of $4M * HSBC Asset Management investing in Model ML * AquaNab securing funding to tackle sea lice with nanoantibodies * SubSea Craft making multi-million-euro investment in battery specialist LORILLION * Skinscanner.gg raising £350,000 * Bruker making minority investment in Atinary Technologies
### Exits and M&A Activity
The past week also saw a number of significant exits and M&A activity across Europe. Some of the notable deals include:
* Valuezon and metoda merging * Duolingo snapping up UK animation studio Animade * Radar Healthcare expanding with Cemplicity acquisition * Basefy acquiring Maxeo.ai, an AI visibility platform * Circet acquiring Technik Partner * Again acquiring Geno to combine AI-driven discovery with industrial biomanufacturing * London-based market intelligence company acquiring Square Commodities * SEPPmail acquiring CyberPilot * Fortino Capital acquiring a majority stake in Operations1 * VAFO Group acquiring Pets Deli * TIMOCOM acquiring Cologne-based Aparkado * ARO and TalkTalk Business merging to create £200M tech group * omni:us being acquired by adesso to embed AI into core insurance systems
The European tech scene continues to be a hotbed of activity, with significant investments and exits in the past week. As the industry continues to grow and evolve, it will be interesting to see what the future holds for these companies and the wider tech ecosystem.
