This week we tracked 95+ tech funding deals worth over €1.8B, as well as 10+ exits, M&A deals, rumors and related news across Europe. In addition to the top financials of the week, we also indexed the most important industry-related news items you need to know.
If you prefer email, you can always subscribe to our newsletter and get a more robust version of this roundup delivered to your inbox.
Either way, we’ll keep you updated.
💸 Notable large funding rounds
🇹🇷 Food delivery giant Getir raises $250 million, restructures into two businesses
🇨🇿 Food retail tech company Rohlik secures $170M in funding
🇨🇭SkyCell secures $116M for medical supply chain management
🫱🏽🫲🏻 Notable acquisitions and mergers
🇫🇷 Crossbeam acquires French company Reveal
🇫🇷 Softonic partners with leaders to secure SaaS market
🇪🇪 Up Group acquires Estonian employee benefits platform Stebby
🚀 Interesting developments from investors
💰 DTCP closes $450 million in Series B to D funding
🟣 Purple Ventures launches €40 million fund for early-stage software startups
Presto Ventures and Czechoslovak Group launch Presto Tech Horizons Fund to target dual-use technologies
🎮 MiddleGame Ventures launches third fintech fund with €52 million
🧒 Balderton introduces parental support for founders
🗞️ Other (important) news
🇬🇧 Legaltech startup Orbital Witness offers world’s first ‘AI-dependent’ insurance with guaranteed accuracy
🇪🇺 EU challenges Apple over App Store rules, hits with record fine
🇬🇧 Labour recognises fintech as one of the ‘jewels in UK PLC’s crown’, says head of fintech VC fund
📡 Recommended reading and listening material
🇪🇪 Estonia: a dynamic hub for technology and entrepreneurship
⚕️From months to minutes: OASYS NOW streamlines patient recruitment for clinical trials
🇪🇺 According to a European fintech head, most European AI founders “had never been exposed to AI until 18 months before ChatGPT”
🔭 European tech startups to watch
🇫🇮 Vulpas secures €4 million in seed funding for pesticide-free bedbug treatment
🇫🇷 Aviation climate tech Estuaire raises €2.2 million
🇳🇱 Investment metrics platform Bounce Watch reaches €2.5M valuation in pre-seed funding round
🇺🇦 Ability AI Raises $1.1M for Autonomous Marketing AI Agent
🇨🇭Caliko Biosystems raises €156,000 to develop cancer drug