Last week, we tracked more than 65 tech funding deals worth over €1.5 billion and over 4 exits, M&A transactions, rumours, and related news stories across Europe.

📊 According to our Q3 2026 Report, European tech companies raised €27.8 billion across 732 deals in the third quarter of 2026, marking a 32.4 per cent increase from the €21 billion recorded in Q3 2025. This figure was also more than two and a half times the €11 billion raised in the same period in 2024.

The UK led European funding with €12 billion, accounting for approximately 43 per cent of the total, while AI companies attracted €6.7 billion, representing around 24 per cent.

Access the full report for additional data and analysis on European tech funding and exit activity in Q3 2026.

❗ 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

SWEDEN: Legora’s valuation leaps to $8.8B as it raises $550M
FRANCE: Scaleup Europe Fund leads £250M funding round in Pigment
UK: iwoca secured a credit line of €185M
SWITZERLAND: Nouscom bags €120M to advance cancer immunotherapies
ESTONIA: Blackwall hits $2.2B valuation with $100M Series C
CROATIA: Daytona hits $1B valuation with $60M Series B for AI agent cloud
UK: Cognitive Credit receives $40M investment from Summit Partners and ETF’s Capital
FRANCE: Elax Energie raises €30M to make water heaters more flexible
PORTUGAL: Drone maker Beyond Vision raises over €28M to scale production
SWITZERLAND: Mistral boss and Yann LeCun back Swiss robotics startup Enact in $30M pre-seed round
ITALY: Phononic Vibes secures €25M to expand noise control tech used by Deutsche Bahn and Mercedes-Benz
UK: Programmable banking platform Hyperlayer raises £19.5M
ICELAND: Arctic Therapeutics raises $21.5M in funding
UK: Hephaestus raises $17.2M in funding
FINLAND: Oxford University quantum spinout QuantrolOx raises €12M
NETHERLANDS: Photonics startup Photon Bridge raises €10M to tackle AI’s looming laser shortage
UK: Siloton wins €9.98M Innovate UK contract
UK: Azoma raises $11.5M in Series A funding
UK: Bellingham invests £7.5M in sporttech rezzil
UK: Skyfly raises €8.91M to bring its two-seat Axe eVTOL to market and develop Longbow for defence
CYPRUS: Mika Games gets $10M boost to support mobile game developers
GERMANY: YGO secures €8M to scale its AI-powered travel infrastructure
SPAIN: Linkener secures €7.5M to expand its energy management platform
UK: XRlabs raises $8.4M in seed funding
NETHERLANDS: Indurex raises €7M to strengthen cybersecurity across critical infrastructure
UK: Opply raises $7.5M to expand its agentic AI platform for CPG brands
SWITZERLAND: Sonexos raises €5.4M to reduce noise with plasmacoustic technology
UK: Unravel Health raises €2.96M in funding
SWEDEN: Vessla exits stealth with $3.3M to bring AI agents to property management
DENAMRK: Plinto raises €2.9M to streamline financial controls
FINLAND: Coherence Quantum raises €2.78M to tackle quantum computer scaling challenges
FRANCE: Reduck secures $3M to make web automation faster for AI agents
GERMANY: Cygrid closed €2.66M pre-seed round led by Atlantic and D11Z.Ventures
UK: CoComply raises £1.9M in funding
SPAIN: Remolonas raises €2.1M with the support of Clave Capital, EONIQ and SEGO Venture
GERMANY: RhymeQ emerges from stealth with $2.2M to simplify quantum programming
ITALY: Rulen secures €1.8M to turn tax rules into action with AI
UK: Marrow closed £1.49M pre-seed round
UK: Emerald secures €1.66M to scale its preventive healthcare platform
ITALY: Ganiga secures €2.5M to expand its AI-powered food waste technology
GERMANY: Container for biological material helps Cellbox raise a €5M seed round
PORTUGAL: Edtech Intuitivo raises €1.35M to ease teachers’ workload and expand into Brazil
UK: Founder aged 19 raises £1M to create Chaos
UK: Fruga raises £1M in funding
NETHERLANDS: Huppa raises €1M to build an operating system for construction
IRELAND: Former international boxer’s legaltech startup EstateMin raises €1M
TÜRKİYE: Arke Telekom lands €1M from ACT Venture Partners to advance drone communications
SPAIN: Swanlaab invests €1M in RawData to boost digitalization in agriculture
SPAIN:FlamAid closes an investment round of €1M
UK: Go Eve secures £750,000 to advance its DockChain EV charging technology
Norway: Jenz lands €540,000 in pre-seed fundingand received €92,000 startup grant from Innovation Norway
UK: Doris Labs raises $600,000 in pre-seed funding
SPAIN: Hausum closes an investment round of over €500,000 to accelerate its growth and nationwide expansion
GERMANY: Tenpal received an undisclosed sum investment
GERMANY: Novus secures eight figure funding to take its electric lightbike from germany to california
GERMANY: Körber takes stake in bootstrapped German robotics startup NAiSE
DENMARK: Lumilab raises pre seed funding
TÜRKİYE: Leasingim received investment from Insha GSYF
GERMANY: Contigo Energie is investing in flexality
GERMANY: Nvidia invests in four german startups as part of 10bn european investment pledge
AUSTRIA: Wictory.ai received a six-figure sum investment
GERMANY: Regulate closed an undisclosed sum investment
SWITZERLAND: Former Swiss ski racer Lara Gut-Behrami is investing an undisclosed sum in Avea

Exits and M&A activity

GERMANY: Workflex is acquiring rhome
GERMANY: The Münster-based insurance group Provinzial is acquiring the Cologne-based company moneymeets
UK: Standard Chartered to acquire Zodia Custody
NETHERLANDS: Omnidocs acquires WoodWing and becomes one of Europe's largest players in document management