This week, we tracked more than 55 tech funding deals worth over €850 million and over 15 exits, M&A transactions, rumours, and related news stories across Europe.
Alongside the week’s top funding rounds, we’ve highlighted key industry developments, as well as notable trends in European venture activity, investor moves and emerging sectors shaping the current funding landscape.
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💸 Notable and big funding rounds
🇨🇭 Kandou AI closes $225M Series A round to break memory bottlenecks in AI
🇬🇧 Granola raises $125M at $1.5B valuation
🇬🇧. Vuelo secures €64M in seed funding to build an AI-native travel booking experience
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧 Swedish-founded Kobalt is sold for €1.3B
🇬🇧 Bioniq cashes in on personalised health boom with $150 million Herbalife acquisition
🇳🇱. Unifly buys EuroUSC-Benelux to bridge drone tech and regulation at scale
🚀 Interesting moves from investors
💰 Nathan Benaich’s Air Street raises $232M Fund III, becoming Europe’s largest solo GP venture firm
💸 360 Capital announces €85M close for Poli360 2, targeting €100M
💰 Credo Ventures raises $88M Fund 5 to double down on pre-seed in CEE and its global diaspora
💸 Team Scaleup launches to close Europe’s post-Seed funding gap
💸 futurepresent emerges from stealth with $300M Fund I to back AI across infrastructure and industry
🗞️ In other (important) news
🇪🇺 Europe builds Microsoft-compatible ‘Euro-Office’ to reclaim digital sovereignty
🤖 Aleph Alpha’s former CEO lures Apple engineer from US to join European startup
🇪🇺 tozero opens Europe’s first industrial-scale battery recycling plant to power Europe’s material independence
🇬🇧 Most UK startups aren’t in London. But most funding still is
