TechEU

This week, we tracked more than 40 tech funding deals worth over €720 million and over 5 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. We also took a deep dive into the critical news and funding for March in our monthly report and shorter free roundup. 

Across Europe, education systems are under pressure to keep pace with rapid technological change. Countries are experimenting with new approaches, with Estonia introducing artificial intelligence into classrooms, while Lithuania is placing students directly into startup environments. At the centre of this shift is MVP (Moksleivių vienaragių paieška, or “Student Unicorn Hunt”), a prime-time national TV show where students aged 14–19 build and pitch real startups. Unlike traditional classroom exer

Portugal is hosting a first-of-its-kind competition for femtech startups and research labs this spring. It will bring together innovators working at the intersection of artificial intelligence and women’s health. The initiative was launched by the scientific platform EmbryoNet-AI in partnership with FemTech Real Money Talks Media. It aims to accelerate real-world breakthroughs by transforming early-stage ideas and clinical questions into working AI solutions. Organisers have already launch

Edmund, a Czech startup developing an AI-powered debugging platform for industrial maintenance, has raised €2.5 million in funding led by FORWARD.one, with participation from University2Ventures and Tensor Ventures.  Check out an earlier Tech.eu interview with Jakub Szlaur,  CEO and founder of Edmund. Manufacturing is entering a period of structural strain. As production systems become more complex and data-intensive, the availability of skilled engineers is moving in the opposite direction.

London-based Qoro Quantum has secured $750,000 in a pre-seed funding round to develop software infrastructure for hybrid quantum-classical computing. The round includes backing from Ada Ventures, Superangels Venture Fund, and the Polsky Center for Entrepreneurship and Innovation. Founded in 2024, Qoro Quantum is a deeptech company building software infrastructure for distributed quantum computing. Its platform provides a unified orchestration layer that connects classical systems, such as CPUs a

Italian-based TeiaCare has raised €7 million in a funding round led by P101 SGR. The round also included participation from existing shareholders and new healthcare-focused investors, including Spanish family offices Namarel and Inderhabs. Founded in 2018 by Guido Magrin and Luca Iozzia, TeiaCare develops care-monitoring solutions for residential healthcare facilities such as nursing homes, rehabilitation centres, and dementia care units. Its proprietary platform, Ancelia, combines optical sens

OpenAI’s plans to bring its flagship $500bn AI data centre project to the UK have been put on hold, with the ChatGPT developer citing energy costs and regulatory issues as factors which have halted its plans. OpenAI announced plans to bring its giant Stargate AI project to the UK in September last year, marking what it said was ”a major step forward in the US-UK technology partnership” helping the UK government build its sovereign AI capabilities. The UK government said the project would “help b

Spanish startup Sybol, which focuses on corporate digital identity and verifiable credentials, has raised over €1 million in a funding round that combines public and private investment. The round is backed by the Spanish Society for Technological Transformation (SETT), alongside investors including Repsol, Grupo Synaptia, Bolboreta Innova Group, Tritemius, Venturade, and Chromata Invest. The company is operating within the evolving European regulatory landscape, particularly eIDAS2, which establ

Vinted, the second-hand marketplace unicorn, today said its revenues surpassed €1bn last year, but profits dipped nearly 20 per cent, as it took a financial hit from its investments. Financial figures for Vinted Group, which includes its core second-hand marketplace Vinted, shipping service Vinted Go, and Vinted Pay, its payment platform, show revenues came in at €1.1bn in 2025, up 38 per cent on the year, while profits fell 19 per cent on the year to €62m. Profits fell at Lithuania’s first uni

Plume, a Franco-American startup specialising in geospatial AI for renewable energies, has raised a €3.3M funding round led by AENU, with participation from Y Combinator, Kima Ventures, Raise Phiture, Better Angle and Collab Fund.  Founded by Edouard Labarthe (ex-Palantir) and Marc Watine (ex-Harvard researcher in geospatial and AI), the startup was incubated by Y Combinator- Plume has developed a platform that centralises more than 150 geographical datasets updated continuously and deploys AI

Revolut is today rolling out its first AI-powered financial assistant to its 13 million-plus UK customers, claiming it is more sophisticated than a traditional chatbot, saying it represents a fundamental shift in how customers can interact with their finances. Revolut, valued at $75bn, is the latest challenger bank to leverage AI, hoping to simplify the financial lives of its customers. Revolut said the free-to-use AI assistant within the Revolut app will “end the era of multi-step navigation”

Ukraine’s tech ecosystem in 2025 appears top-heavy and driven by a single outlier, rather than broad-based capital inflows. Total funding reached €945 million, largely driven by a single deal, Grammarly’s $1 billion financing, which pushed the country into the top 10 by total capital raised. However, this headline figure masks a much smaller underlying funding base. Beyond this outlier, the ecosystem is characterised by numerous small, early-stage rounds, typically below €10 million. Funding act

European tech activity in March 2026 eased slightly compared to February, while overall market conditions remained stable. The ecosystem recorded 292 funding deals and €7.5 billion raised, down marginally from 296 deals and €7.8 billion in February, reflecting declines of 1.4 per cent and 3.8 per cent respectively. At the country level, a more significant shift was observed. UK funding fell to €2.6 billion from €3.8 billion in February, a 31.6 per cent decrease, indicating lower capital concent

Handhold, an AI-agent platform that turns visitors into customers without sales reps, has raised €3 million Seed funding led by Entourage Capital, with participation from Inovia Capital and e2vc. Angel investors include: Markus Villig (founder of Bolt), Ott Kaukver (former CTO of Twilio), Harsh Sinha (CTO of Wise), and  Janer Gorohhov (founder of Veriff). Software buyers are more informed than ever and expect instant, personalised support. However, in reality, they often face unnecessary

Verne today announced the launch of Europe’s first commercial robotaxi service, starting in Zagreb, Croatia. Beginning today, members of the public can now book and pay for a Pony.ai-powered autonomous ride through the Verne app. The service will soon also be available through the Uber app, following a recently announced strategic partnership between the three companies. The commercial service is the result of several years of development and close collaboration with regulators, positi

AI leads investment, with the UK and France dominating fundraising despite a marginal month-on-month dip.Click to read the rest of the news.

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Eilla AI has completed Europe’s first M&A deal executed by an AI-native advisory firm, advising on the acquisition of two Central and Eastern European digital marketing agencies, CreateX and Native Digital, by Swedish listed company White Pearl Technology Group. Its proprietary technology, built in-house over three years, combines AI infrastructure with experienced M&A advisors who oversee AI-generated work, manage transaction processes, and coordinate communication between both sides. I spoke

A London-based startup which helps mitigate risks and vulnerabilities of businesses deploying so-called AI agents or AI tools that can complete specific tasks has emerged from stealth with a $13m seed round. The funding round in Trent AI was led by LocalGlobe and Cambridge Innovation Capital, with participation from executives at OpenAI, Spotify, Databricks, and Amazon Web Services. The startup, founded in 2025, is tapping into the current trend of AI agent deployment, claiming its product is t

UK-based analytics startup WholeSum has brought its total Pre-Seed funding to $1.3 million, with an additional $335,000 new investment from Love Ventures, Beamline, and strategic angels, following its initial $965k raise led by Twin Path Ventures announced earlier this year. The round comes amid growing demand from enterprises in high-trust sectors, where organisations are increasingly finding that existing AI tools fail to deliver reliable, auditable insight from large volumes of text data. W