Last week, we tracked more than 60 tech funding deals worth over €3.1 billion, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.
📊 The last week of May marked a standout moment for digital infrastructure, with Pure DC's $2.7 billion raise. Beyond this, the top three industries by funding were energy (€218.6 million), fintech (€94.4 million), and semiconductors (€93.5 million). At the country level, 🇬🇧 the UK took first place (€2.6 billion), largely driven by the Pure DC round, followed by 🇩🇪 Germany (€226.5 million) and 🇮🇪 Ireland (€94.4 million).
❗ Now, let's get you up to speed on everything that happened last week, including your handy.csv file , allowing for an even more in-depth analysis.
- UK: Pure DC secures $2.7B for European and Middle East expansion
- GERMANY: Focused Energy raises $240M
- IRELAND: AI taxtech startup Fonoa raises €94.4M Series C and buys PwC's tax platform
- UK: IQE plc has raised £81M
- ITALY: WeRoad lands $58M to scale real-world travel experiences
- UK: Orbital Industries secures $50M to scale data centre infrastructure systems
- UK: AI lab Inherent emerges from stealth with $50M raise
- SWITZERLAND: NUCLIDIUM's secured €28.6M in a Series B extension
- UK: Geordie raises $30M to bring security and governance to agentic AI
- BELGIUM: D-CRBN raises €17.5M to turn industrial CO₂ emissions into circular carbon molecules
- FRANCE: Lucis raises $20M Series A to expand AI-driven preventive healthcare platform
- UK: RevEng.AI raises $15M to secure AI-generated software
- FRANCE: MokN raises $15M Series A to grow identity theft protection platform
- UK: Slamcore raises $14M in funding
- GERMANY: allO raises €12M Series A to expand its AI operating system for restaurants across Europe
- UK: Perceptic raises £9M to boost AI drug discovery
- FINLAND: Quanscient lands €10M to advance AI- and quantum-native hardware engineering
- SWEDEN: Stilta raises $10.5M in funding
- FRANCE: Olyzon raises $10M in Series A funding
- SWEDEN: Elonroad secures €8.3M to accelerate electric vehicle charging innovation
- NETHERLANDS: Energytech startup Eddy Grid raises €7.5M after nearly 900% revenue growth
- GERMANY: Pacifico Biolabs raises €7M to turn brewery infrastructure into protein production
- SPAIN: Didit closes a €6.4M funding round and opens an office in San Francisco
- UK: iFAST Diagnostics bags £5M to speed up infection testing and tackle antimicrobial resistance
- SWITZERLAND: Squid raises $6M in funding
- UK: Caudal Energy raises £4.3M to scale fin-inspired tidal power technology
- UK: Mykor lands £4M to scale waste-based construction materials
- UK: Go Swag raises $5M to expand global gifting platform
- FINLAND: Avrea emerges from stealth with $4.7M to reinvent CI/CD for the AI coding era
- BELGIUM: ReVision Implant secures €4M to advance vision restoration technology
- SWITZERLAND: Stellar Alpina raises €3.8M to build detonation-based propulsion for in-space mobility
- UK: Checkstep nets £3M to scale AI safety platform
- FRANCE: Certo raises $4M for AI-powered consumer goods compliance platform
- POLAND: Tequipy raises €3M+ to automate global IT operations across 180 countries
- ITALY: DeepTree raises €2M in funding
- LITHUANIA: Kopa.ai raises €2M to build AI agents for end-to-end e-commerce operations
- SPAIN: Mafer AI raises €2M to build an AI operating system for R&D teams in formulation industries
- UK: Gen Z founder raises £1.7M for deals platform
- DENMARK: P-Secure raises €1.8M to expand across Europe
- BELGIUM: Borro bags €1.3M to expand digital deposit system for reusable cups across Europe
- GERMANY: Caesar Ventures, Superangels, and several business angels are investing €1.3M in nu:legal
- SWEDEN: Gridly secures €1.3M to fuel AI-powered growth
- SPAIN: Mathew raises €1.2M in a funding round with participation from Encomenda and Decelera
- DENMARK: Perplant raises €1M to equip tractors with AI "eyes" to cut herbicide use and boost profits for farmers
- NORWAY: Cloudgeni raises $1M to automate enterprise cloud infrastructure management
- SPAIN: Publicit secures €700,000 to reinvent programmatic advertising
- UK: Voxmind raises £546,000 pre-seed funding as cloud giants exit voice biometrics market
- UK: Atheni secures £350,000 to help teams use AI more effectively
- SWITZERLAND: TUUS awarded €165,000 from Venture Kick
- LITHUANIA: Backoffice secures €150,000 to build the operating system for European hospitality
- SPAIN: The natural cosmetics brand Banbu raises €120,000 in five hours
- SWITZERLAND: AI firm Visium secures funds to scale across Europe and the US
- IRELAND: Payslip closes new funding
- AUSTRIA: Unnamed investors are investing a seven-figure sum in ContexMesh
- GERMANY: Groundshift is investing an undisclosed sum in Nenna AI
- GERMANY: welevel received a seven-figure sum of investment
- TÜRKİYE: Vendorside received investment from Turkish Airlines Venture Capital Investment Fund
- SWEDEN: Tonada exits stealth with backing from Vercel's CEO and Last.fm's co-founder
- GERMANY: Butterfly & elephant is investing an undisclosed sum in Reo
- GERMANY: Heartfelt is investing an undisclosed sum in INJU
- NETHERLANDS: TrueLayer acquires Dutch fintech In3 to offer credit at checkout
- UK: Computacenter acquires Government Acquisitions
- DENMARK: Finland's Grundium acquires Denmark's Visiopharm to build an end-to-end AI precision pathology platform
- SWITZERLAND: InSphero acquires PhenoVista to expand US presence
- GERMANY: Planted and Code Gaia merge
- GERMANY: Carbonfact acquires Vaayu
- NETHERLANDS: Aizy acquires Dutch performance marketing software company Uptmz