TechEU

Vegvisir, an Estonian defence technology company building the command-and-control software layer for the multi-domain battlefield, today announced a venture investment from Iron Wolf Capital (IWC). Vegvisir's platform addresses one of the most pressing unsolved problems in modern warfare: the absence of a unified, interoperable software layer capable of connecting, visualising, and commanding manned and unmanned systems across ground, air, maritime, and sub-sea domains at operational scale. U

Italian VC P101 has integrated PranaVentures, an operational venture capital company specialising in Seed investments. The combination brings together more than €600 million in assets raised, creating an Italian firm capable of supporting startups from Pre-Seed and Seed stages through to international scale-up rounds, providing capital, operational skills, an international network, and follow-on capabilities. Today, the combined portfolio includes more than 80 active companies that generated ap

Swiss engineering startup Subatron has obtained €162,000 (CHF 150,000) from Venture Kick to develop a new generation of underwater communication technology.  The solution aims to enable faster, more reliable data transmission beneath the surface, improving real-time connectivity for underwater vehicles, divers, and monitoring systems. Communication underwater remains a major technological challenge. Conventional wireless systems perform poorly below the surface, often offering limited range, s

Here in Europe, a new generation of defence startups is emerging far outside the traditional military-industrial complex. Across weekend hackathons, engineers, software developers, drone builders, researchers, soldiers, founders and investors are coming together to prototype technologies for the modern battlefield — many of which are already finding their way to Ukraine. At the centre of that movement is the European Defence Tech Hub (EDTH). I sat down with co-founder Benjamin Wolba to learn ho

European semiconductor companies attracted strong investment in 2025 as governments and investors doubled down on technologies underpinning AI, high-performance computing, next-generation communications, and energy-efficient electronics. Funding flowed into companies developing AI chips, photonics, advanced memory, semiconductor materials, chip cooling, and power electronics, reflecting Europe's ambition to strengthen its position across the semiconductor value chain. The Netherlands emerged as

The AI industry has spent the past several years learning a critical lesson: better data often matters as much as better models. While advances in large language models have been powered by increasingly sophisticated datasets and data pipelines, robotics has yet to undergo the same transformation.  Robotics teams are working with vast quantities of video, sensor data, and demonstrations, but much of the infrastructure needed to process, annotate, and improve that data remains immature. Macrodat

Last week, we tracked more than 75 tech funding deals worth over €2.1 million and over 5 exits, M&A transactions, rumours, and related news stories across Europe. 📊 The top three industries that raised the most were fintech (€502.9 million), security (€500 million), and semiconductors (€349.7 million). At the country level, 🇩🇪 Germany took first place (€806.8 million), followed by 🇫🇷 France (€625.2 million) and 🇳🇱 the Netherlands (€372.7 million). Last week, we announced the launch of the Tech.

This week, we tracked more than 75 tech funding deals worth over €2.1 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe. If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox. Either way, let's get you up to speed. 💸 Notable and big funding rounds 🇩🇪 Stark bags €500M in new funding 🇫🇷  Health insurance outfit Alan agrees €480M funding round 🇳🇱 Chip gear maker

As an enthusiastic proponent of AI, one might expect the UK’s AI minister to be a keen user of ChatGPT or other popular AI chatbots in the course of his ministerial duties- perhaps to make his days more productive or to stay abreast of the latest technological advancements. But Kanishka Narayan has not used ChatGPT, which has over 1bn active users, Claude, or any other popular AI chatbots for ministerial business since he became AI minister in September last year, according to a Freedom of Info

The CEO of UK-based spacetech investor Seraphim Space says Europe is “catching up” to US spacetech, powered by the SpaceX IPO, increased deal sizes, and European spacetech startups pivoting to defence applications, helping drive up investment.   Speaking on the Tech.eu podcast, Mark Boggett, co-founder and CEO of Seraphim Space, discusses the recent SpaceX IPO, its impact on the European spacetech sector, as well as the investment landscape, and European sovereignty.   Boggett also talks abou

Louise Ballard, co-founder and CEO of Atheni AI, has a mission — to ensure that when it comes to AI, nobody gets left behind. “As AI becomes embedded across every profession, we don't want to create a two-tier society where only those who can afford expensive tools or specialist training are able to benefit. Everyone should have access to the knowledge and confidence they need to use AI well.” When it comes to AI startups, Atheni AI is an outlier. Its female founders, Louise Ballard and Macke

Spatial AI company SE3 Labs today emerges from stealth. SE3 builds foundational spatial intelligence technology for the next generation of autonomous systems. As autonomous systems operate in increasingly complex and contested environments, the ability to perceive, reason, and act in three dimensions becomes the defining capability.  SE3 provides the spatial intelligence layer that sits between raw sensor data and meaningful action.  The company is backed by Lakestar and Seedcamp, alongside E

German company ARX Robotics and Ukraine's Roboneers today announced the formation of ARX Industries, a joint venture to industrialise the mass production of unmanned ground vehicles. The new entity will produce the Rys Pro UGV at scale, delivering software-defined ground capabilities to the Ukrainian Defence Forces.   The joint venture brings together ARX Robotics and Roboneers' proven expertise in unmanned ground vehicle production, industrial scale, and operational deployment, forming a part

Danish martech startup Serpier has raised €1.4 million in funding from True Collective and the Export and Investment Fund of Denmark (EIFO) to expand its AI-powered marketing platform for e-commerce businesses. Founded in Aarhus in 2024 by Steffen Sørensen, Simon Holm, Søren Fuhr and Thomas Grástein, Serpier helps online retailers improve their visibility across both traditional search engines and AI chatbots such as ChatGPT and Gemini, as consumers increasingly rely on large language models for

N26, one of Europe’s most well-known challenger banks, has reached its first full-year profit, new figures show, amid a difficult period for the German challenger bank, which saw a management shake-up and investor unrest. N26 has reported net income of €1.6m in 2025, compared to a €42m net loss in 2024. Revenues came in at €501.6m, a 13 per cent increase on the year previous. A rise in card transaction volumes, an increase in subscriptions, and cost-cutting were cited as reasons for the improve

UK-based Blue Lake VC has secured a cornerstone commitment from the British Business Bank,  the UK’s largest institutional investor in venture capital. Ukrainians David Gilgur and Lyubov Guk, founding partners of Blue Lake VC, are backing exceptional immigrant founders in the UK. Immigrants are behind more than half of the UK's fastest-growing companies. But according to proprietary survey data from Blue Lake of over 1,200 immigrant founders, more than 90 per cent say they can't access the net

French health insurance company Alan says it has reached an agreement on a €480m funding round, valuing it at €5.5bn.   The new Series G funding round follows just months after Alan announced a €100m funding round at a €5bn valuation. Paris-based Alan has raised more than €1.2bn in total.   The latest funding round is being led by tech investing giant Prosus, a new investor, alongside existing shareholders Teachers’ Venture Growth (TVG) and Index Ventures, as well as new investor Dara Holdings

Wayout International, the Swedish developer of Distributed Drinking Water Infrastructure, today announced the successful closing of a €2.42 million (SEK 26.6 million) Series A extension. The round was oversubscribed by €956,000 (SEK 10.6 million), reflecting strong support from both existing shareholders and new strategic investors with significant industry expertise. Wayout has developed a proprietary infrastructure platform that enables safe drinking water to be produced locally from virtually

Barcelona-based Kalipso, a regulatory technology platform built by lawyers and engineers to help organisations operationalise regulatory change, has raised $3.2 million in funding. The round was backed by Varsity, Lanai, Plug and Play, Kima Ventures and Vento. As regulatory obligations grow, organisations face increasing challenges in translating legal requirements into operational processes. In many cases, these workflows remain fragmented across disconnected tools and manual processes. Kalipso

Berlin-based manufacturing intelligence company Almetra, formerly known as Deltia, has raised €16.3 million in a Series A funding round led by blisce/, with participation from NAP, Merantix Capital, Robin Capital, Underline, Critical Ventures and a group of business angels. Manufacturers are facing growing pressure from labour shortages, rising costs and intensifying competition, while many factories still rely on manual observation and fragmented systems that make it difficult to identify inef