This week, our research tracked over 70 tech funding deals worth over €1 billion, as well as over 20 exits, M&A deals, rumors and related news across Europe. In addition to the top financial news of the week, we also indexed the most important industry-related news items you need to know.
This week we also released our monthly report on the latest deals, investor activity and trends that occurred in June, which is available in full to our subscriber community.
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
🇫🇷 HR Path secures €500 million in funding from Ardian
🇬🇧 Oscar-winning company DNEG raises £150m at $2bn valuation
🇪🇸 Citybox raises €80 million to expand smart mailbox network in Spain
🫱🏽🫲🏻 Notable acquisitions and mergers
🇩🇪 German digital tax platform Taxfix enters UK market with acquisition of TaxScouts
🇨🇭 Squirro acquires Synaptica, integrates GenAI and data visualization
🇳🇱 LG Electronics acquires Dutch smart home platform Athom
🚀 Interesting developments from investors
🌍 Seaya Andromeda, Southern Europe’s first Article 9 climate tech fund, raises €300 million
🏠 Grosvenor UK invests in Europe’s largest real estate tech VC, noa
💸 Forestay II ILP secures $220 million in second fund
🤖 Female Foundry partners with Google to launch AI incubator
🏡 Vonovia and Founders Factory Partner to Accelerate Development of Affordable, Climate-Neutral Housing Technology
🗞️ Other (important) news
🇬🇧 Tech leaders urge next government to help startups overcome lack of funding to scale up
🇦🇹 Austrian startup develops life-saving, rapid blood sepsis diagnostics
🇩🇪 ERC Systems takes medical eVTOL out of stealth
📡 Recommended reading and listening material
🇫🇷 Altrobe raises €3.7 million to develop rare earth alternatives
🇫🇮 Finland: Sustainability and innovation shaping global tech trends
🇬🇧 Revolut softens stance on London IPO, posts record profit
🦄 “We can’t do business without the UK,” says Pleo’s boss as Danish unicorn soft launches in the US
🔭 European tech startups to watch
🇬🇧 OpenFi secures £500k pre-seed funding for conversational AI
🇳🇱 Roboat raises €550,000 for autonomous boat tech
🇵🇱 Moniti raises $450,000 to manage deskless teams
🇸🇪 Analytics startup Steep raises €4M in seed funding
🇦🇹 Trever raises €2.4M for its asset management platform
