This week, we monitored over 50 tech funding deals amounting to more than €967 million and tracked over 20 exits, M&A transactions, rumors, and related stories across Europe. Alongside the key financial updates, we’ve compiled the essential industry news you need to know.
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Here’s your update:
💸 Major Funding Rounds
– 🇬🇧 TalkTalk secures £100M from Ares.
– 🇹🇷 Fal.ai raises $125M at a $1.5B valuation.
– 🇪🇸 Cofides (FOCO) invests €90M in Proeduca.
– 🇬🇧 Roadsurfer raises €85M.
– 🇩🇪 1KOMMA5° extends pre-IPO round.
🫱🏽🫲🏻 Key Acquisitions and Mergers
– 🇩🇪 Cognigy acquired by US firm NiCE in a near $1B deal.
– 🇩🇪 Pina Earth and Tree.ly merge to form Europe’s largest forest carbon platform.
– 🇬🇧 Hydrogen Safe acquired by IACS.
– 🇵🇱 Montagu to acquire IAI Group.
– 🇦🇹 Tractive acquires US competitor Whistle.
🚀 Notable Investor Moves
– 💰 BlackWood Ventures closes debut fund at $25M.
– 🔧 Lessons from Deeptech Hardware Napkin.
– 🇬🇷 Greek Guarantee Fund concludes with major impact on SMEs, mobilizing €600 million.
– 🇬🇧 Cambridge Innovation Capital commits £100M to University of Cambridge spinouts.
🗞️ Other Important News
– 🇬🇧 Klarna granted UK EMI licence.
– 🇪🇺 Google to sign EU’s AI code of practice.
– 🔋 Ore Energy connects the world’s first grid-connected iron-air battery in Delft.
– 🇪🇺 European DIGITAL SME Alliance criticizes EU–US trade deal.
– 🇬🇧 UK’s AISI launches AI protection coalition.
📡 Recommended Reads and Listens
– 📱 SASHA tackles image-based abuse.
– 🇱🇹 TildeLM addresses Baltic and Eastern European language gaps.
– 🇱🇺 Luxembourg’s digital innovation hub.
– 💰 Martin Klässner’s post-exit scaling journey.
– ⚛️ UK quantum computing scaling up.
🔭 European Tech Startups to Watch
– 🇩🇪 Tilla raises €2M.
– 🇮🇹 Cultipharm closes a $1M round.
– 🇬🇧 Fluid Focus raises £640,000.
– 🇱🇹 Coinvest Capital backs Psylink with €501,521.
– 🇺🇦 Uniot receives $25,000 from YEP Accelerator.