This week, we observed over 40 tech funding deals amounting to more than €848 million, alongside more than 15 exits, M&A transactions, rumors, and related news across Europe.
This week, we also published our monthly report for July, covering key investment trends, notable company activities, and emerging industry sectors. If you prefer email, subscribe to our newsletter to receive a comprehensive version of this round-up directly in your inbox. Either way, let’s get you informed.
💸 Notable and big funding rounds 🇬🇧 🇩🇪 🇫🇷
🇨🇭 SoftBank-backed Energy Vault secures €258M to establish Asset Vault, a subsidiary for building and operating energy storage assets.
🇬🇧 Pulse Clean Energy gains €252.5M in green financing.
🇬🇧 CuspAI aims to raise $100M to explore AI’s capabilities in climate materials.
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇩🇪 Berlin-based lemon.markets partners with dwpbank for expanding digital brokerage services.
🇨🇭 UAV Destinus buys Daedalean in a $225M deal to enhance AI capabilities.
🇬🇧 Largo.ai acquires QuMind to broaden AI-driven market insights.
🇬🇧 Wireless Logic purchases Zipit Wireless.
🚀 Interesting moves from investors
💰 Smart Infrastructure Ventures introduces €30M SIVentures II Fund.
💸 Dutch-based BOM starts a new venture-building program for drug development startups.
🇮🇹 Italian Founders Fund raises €35 million from CDP Venture Capital’s Digital Transition Fund.
🤖 Beyond the AI buzz: Nina Capital examines the healthtech hype critically.
🗞️ In other (important) news
💸 Telecom leads as European tech investments surge 18% in July to €9.3B.
🇺🇦 Ukraine initiates AI Factory and national LLM to uphold digital sovereignty.
🇪🇺