European tech weekly recap: Over €475M invested across 35+ deals
Tech.eu Tamara Djurickovic
Europe saw 35+ tech deals top €475M last week. Space and AI led the pack, while Spain was the biggest country market.
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 funding tape was busy last week: more than 35 tech deals came in at over €475 million, alongside more than five exits, M&A moves, rumours and other related stories. The money wasn’t spread evenly. Space took the biggest slice at €160.9 million, followed by artificial intelligence at €81.2 million and software at €69.9 million.
Spain was the top country by funding, with €159 million. The UK followed at €108.6 million, and Türkiye came third at €67 million. That mix says a lot about where the week’s biggest cheques went: big industrial bets, AI, and a decent spread of software and deep-tech plays across the continent.
The largest deal on the list was PLD Space’s €158.9 million ESA award in Spain. In the UK, Stability AI raised $76 million with Warner and Sony among the investors, while Türkiye’s HubX said it received about $75 million at a $1.2 billion valuation. Switzerland’s Adaptyv raised $40 million for an automated lab for agentic biology, and Breedr picked up €23 million to push livestock tech globally.
There was plenty more beneath the headline names. VitalFluid raised €17.2 million in the Netherlands, Lupin Dental closed a €15 million Series A in France, and several AI-flavoured startups from Denmark, the Netherlands, Germany, Norway and elsewhere added smaller rounds. The exits and M&A list was busy too: a reported $12.9 billion Nvidia purchase of Hugging Face, mergers in Germany, and a string of acquisitions across robotics, cloud, health tech and industrial software.
Tech.eu also pointed readers back to its Funding Explorer, which it keeps free and open to everyone. Given how much of Europe’s startup market now lives or dies on who can see the data clearly, that feels less like a nice extra and more like the point.
My take — AI-written commentary, not fact-checked reporting
This is what a real European startup week looks like: a few giant cheques, a lot of smaller bets, and no shortage of consolidation. The smart money still loves space and AI, but the quieter story is how many local players are getting rolled up or expanding through acquisition. Open data tools matter here, because the market is already messy enough without everyone pretending the numbers are a secret sauce ritual.
Read more about this at: Tech.eu