Last week, we tracked more than 60 tech funding deals worth over €1.3 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were AI (€815.6 million), healthtech (€121.1 million), and fintech (€104.1 million). At the country level, 🇬🇧 the UK took first place (€1 billion), followed by 🇨🇭 Switzerland (€74.4 million) and 🇪🇸 Spain (€59.5 million).

❗ Be sure to check out the Tech.eu Funding Explorer, free and open to everyone, for deeper insights into funding data, investor activity, company profiles, and market trends. Now, let's get you up to speed on everything that happened last week.

Have a great week!

Funding deals by amount

UK: Fractile has raised £577M in Series C funding
UK: NexGen Cloud closes $106M senior secured term loan facility
SWITZERLAND: Perceptive Advisors is providing Swiss MedTech company Distalmotion with a loan of up to $70M
UK: Wealthtech startup Nevis secures €62M to automate financial advisory workflows with AI
UK: Lovey secures a credit facility of up to £250M, comprising £50M committed and a potential £200M accordion
SPAIN: Impress bags €40M EIB financing to expand its digital orthodontics network across Europe
UK: Robotics startup Machenta raises $40M seed investment
NETHERLANDS: Profitable Dutch startup Braid raises €34.1 to help brands launch their own mobile connectivity
UK: Easol raises $30M in Series A extension funding
DENMARK: Biotech Samplix secures €25M in first close of financing round to scale antibody discovery
UK: Circuit Mind raises $25M in new funding
GERMANY: Strollme bags €22M to put more bikes strollers and car seats into European homes
LITHUANIA: Finbee Verslui raises additional €20M
BELGIUM: Ravical raises $17M to break the link between accounting firms growth and hiring
UK: Nous lands $17M to bring AI-powered household management to more homes
GERMANY: Tendos secures €12M seed insight partners
UK: Adsilico raises £10M to test medical devices on virtual patients
SWITZERLAND: Atlas Bio secures $12.5M to tackle drug development's 70% failure rate and move beyond animal testing
GERMANY: Hansetherm secures €10M seed funding investment
SPAIN: Allox closes $10.5M seed financing to scale drug discovery platform
FINLAND: Volare opens €15M 10,000 m² insect protein factory, secures €7.1M to scale across Europe
GERMANY: Muray raises €7.1M to inspect rocket engines and turbines beyond X-ray limits
UK: Former UK government minister Afolami raises £5M for AI insurance broker startup
IRELAND: Lette raises $6.5M to scale AI automation for UK rental operators
UK: Concretene lands £4.5M to scale ‘Manchester graphene’
FRANCE: Bleu Robotics secures €5M to teach humanoid robots new tasks with fewer demonstrations
UK: Analytics platform Querio launches with $5M raise
ITALY: Agora labs raises €4.3M to expand clinical data infrastructure for medical research
SPAIN: Crescenta secures €4M in debt from BlackRock funds and accounts to support its next growth phase
UK: Ripple alum’s Epoch raises $4.25M to help small importers meet EU deforestation rules
POLAND: Autofixer receives €3M from Orbit Capital to support European expansion
SPAIN: Artiso raises over €3M to scale its AI operating system for fashion teams
SWEDEN: Tool that identifies AI-generated material helps Pixel Systems raise €2.7M
UK: Ares Intelligence raises €2.6M to turn employee insights into AI adoption plans
FINLAND: Arctic Ravn raises €2.5M
GERMANY: Evasive Robotics received €2.1M investment
UK: Illumion has raised £1.7M in funding
SWEDEN: Oaiz raises €2M pre-seed to build AI automation you can trust
NETHERLANDS: PaperFoam secures €2M loan to scale sustainable packaging made from starch and natural fibres
SWEDEN: Sib solutions doubles contracted revenue in the US and raises €1.7M to keep accelerating
NORWAY: Fronted raises €1.7M to simplify global hiring and business expansion
ITALY: Testbusters receives €1.5M to grow in edtech
SPAIN: Talky raises €1.5M to automate the financial operations of large companies using AI
DENMARK: Proptech Cortas lands €1.47M in a pre-seed round led by PSV Tech
SPAIN: Fitnesskpi raises €1.3M in funding
GERMANY: Vuse XR receives €1.2M to scale AI-assisted mixed reality training
ITALY: YK-Robotics raises €1M to enable any robotic cell to be programmed with words
DENMARK: KineDB raises €850,000 to rebuild database infrastructure as AI reshapes software development
ITALY: Magic Vision lands €600,000 for AI-powered monitoring solution Silver Eye
GERMANY: Venture capitalist Janna Ensthaler and sales expert Carsten Maschmeyer are investing €500,000 in Meinhaus Digital
GERMANY: NBank Capital is investing €500,000 in InhalPlus
NETHERLANDS: FLTRD raises €500,000 to help shoppers cut through ultra-processed food
SPAIN: OmniWallet closes a capital increase of €220,000
SWITZERLAND: Prismus lands €163,000 to bridge the gap between scientific discovery and industry
SWITZERLAND: Venture Kick backs CHD with €160,000 to advance remote pregnancy monitoring
GERMANY: QuoIntelligence secures backing from ex German finance minister Christian Lindner months after €7.3 million Series A
ITALY: Nethive receives investment from Bregal Milestone
GERMANY: Lena Gercke is investing an undisclosed sum in Joy
ICELAND: Jónsbók attracts Crowberry and Leo Capital to expand legal AI in Europe
GERMANY: G+D Ventures is investing an undisclosed sum in Impossible Cloud
UK: AML Analytics receives investment from Covalent Equity Partners
UK: Ex-detective’s stealth startup 22one valued at nearly $400M, backed by Sequoia and Lux

Exits and M&A activity

UK: Guidewire acquires AI startup Hyperexponential for $1.7B
GERMANY: YellowFox is acquiring the Berlin-based AI startup peregrine.ai
GERMANY: The German-American saas.group is acquiring 3D AI Studio
NETHERLANDS: Perciv AI was acquired by Destinus
PORTUGAL: Lengow acquires Daily&Co
UK: Kennedy Lewis Investment Management has acquired a majority stake in the Munich-based camping scale-up Roadsurfer
UK: Digital Science acquires Jenni AI to bring verified research data to AI-powered academic writing
DENMARK: Evertrace acquires Veck to strengthen early founder detection
UK: Paris-based Naboo acquires UK meetings and events specialist pro-ven
FRANCE: Greentech Alliance acquires Intermobility to tackle Europe's mobility coordination and funding gap