European tech weekly recap: More than 65 tech funding deals worth over €1.8B
Tech.eu Tamara Djurickovic ● Covered by 4 sources
Europe’s tech scene logged 65+ funding deals worth over €1.8B last week. Fintech led, and the UK was the biggest market by far.
Based on reporting by Tech.eu, Tamara Djurickovic — read the original for the full story.
Summary, retelling and take written by AI under human oversight; images are AI-generated illustrations. How we work · Report an error
Europe’s startup market kept moving last week, and the money was not subtle. Tech.eu tracked more than 65 funding deals worth over €1.8 billion, plus more than five exits, M&A moves, rumours, and other news across the region.
Fintech took the largest slice of the funding pie with €621 million. Healthtech followed with €478 million, while energy brought in €236.6 million. Country rankings were just as clear: the UK led with €694.4 million, Spain followed at €586.3 million, and Ireland came next with €194.6 million.
The biggest headline deal was ID Finance’s €545 million debt and equity round in Spain. CMR Surgical raised £300 million in the UK, EZO secured €150 million in debt financing in Ireland, and Salience Labs picked up $125 million to push photonic chips for AI data centres. Germany’s 1KOMMA5° also stood out, reaching a $1.35 billion valuation and planning a €100 million investment in energy AI.
Below that, the list kept going: AI, health, energy, industrial software, robotics, and a fair amount of software for things that used to be done by hand. Dougs raised €50 million to automate accounting with AI agents, Scarlet raised $50 million for AI medical device certification, and Harmonic Security also raised $50 million for employee AI use. The range was huge, from big-growth rounds to smaller seed deals, including funding for marketing tools, open banking, legal tech, drones, and carbon removal.
And the exit side was active too. A16z-backed Sequence was sold to Intuit in a reported $200 million deal, Accenture bought Sagacity, and Mistral made its fourth acquisition in eight months by buying the British company New Material. In a week like that, the clearest signal is that European tech is still getting funded across a lot of different categories, not just the loudest ones.
My take — AI-written commentary, not fact-checked reporting
The real story isn’t one giant funding boom; it’s how many different corners of Europe still found cash at the same time. That’s healthier than a single hype cycle, and also slightly messier, which is usually a good sign. The continent is still very good at producing startups that can raise money before anyone agrees what the next big thing actually is.
Read more about this at: Tech.eu