Home » European tech weekly recap: Over €2.3B invested in the tech ecosystem in the first week of June

European tech weekly recap: Over €2.3B invested in the tech ecosystem in the first week of June

European tech weekly recap: Over €2.3B invested in the tech ecosystem in the first week of June

This post was originally published on this site.

Last week, we tracked more than 55 tech funding deals worth over €2.3 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.

📊 The top three industries that raised the most were analytics (€862.2 million), quantum (€415.7 million), and travel (€258.1 million). At the country level, 🇧🇪 Belgium took first place (€859.7 billion), followed by 🇬🇧 the UK (€624.9 million) and 🇪🇸 Spain (€471.4 million).

❗ Now, let’s get you up to speed on everything that happened last week, including your handy.csv file, allowing for an even more in-depth analysis.

Have a great week!



Funding deals by amount

  • BELGIUM: Kpler receives $1B+ strategic growth equity investment from Sixth Street
  • UK: Oxford Quantum Circuits lands “coming-of-age” £260M funding round
  • SPAIN: Perk secures a €258M credit line to accelerate the global growth of its AI-native platform
  • SPAIN: Factorial raises $150M Series D at $2.5B valuation to expand across Europe
  • FRANCE: Quobly raises €115M Series A to commercialise silicon quantum computing
  • SPAIN: Ona Therapeutics raises $86.6M in Series B funding
  • UK: Wordsmith secures over £52M to bring legal work back in-house
  • FRANCE: Innovafeed secures €51M to scale sustainable insect-based ingredients for animal and plant nutrition
  • UK: IMU Biosciences raises £40M to change disease diagnosis
  • SWEDEN: Endra raises $50M in Series A funding
  • UK: Semble raises £30M Series C to expand its healthcare management platform
  • UK: Apoha emerges from stealth with $36M to build “Liquid State Intelligence” for molecular behaviour
  • GERMANY: Encosa raises €25M to bring battery storage to German SMEs
  • UK: Fuse Energy secures €25M Series B extension as it plans 32,000 sq ft London HQ
  • UK: Gigaton lands $26M to scale autonomous industrial control
  • UK: Ex-Revolut alums’ Tilt raises $26M as Europe searches for its live-commerce challenger
  • NETHERLANDS: Invisix closes €20M seed round to transform chip metrology
  • FRANCE: Innovorder secures €20M to accelerate European growth and AI development
  • UK: Ex-DeepMind researchers raise £14.9M for Airspeed
  • SWITZERLAND: GR3N raises €15.5M Series B to scale PET chemical recycling
  • UK: Lloyds and Nationwide-backed AI fintech Aveni raises £12M
  • UK: Gradient Labs raises fresh $13M
  • POLAND: Ingenix raises €13M in seed extension funding
  • UK: Flok Health lands $12.5M to grow its AI-operated healthcare platform
  • UK: DEScycle secures over €10M in grant funding to scale critical metals recovery platform
  • UK: Archestra.AI raises $10M to unlock next-gen agentic use case
  • GERMANY: Freshflow receives $10M investment
  • GERMANY: Bayshore raises $8M to turn compliance rules into code
  • SWITZERLAND: Cense raises €6.5M in seed funding
  • FRANCE: Backed by Mistral AI founders, NP Company secures €6M pre-seed to advance AI for engineering
  • GERMANY: INXM raises €5.7M to tackle enterprise AI execution challenges
  • HUNGARY: Kodesage raises $6.6M for AI-powered legacy software modernisation
  • FRANCE: Noa raises €5M to create a premium online fitness brand
  • BULGARIA: Paypercut secures €5M to scale cross-border payments in CEE
  • SWEDEN: Oplane raises €4.5M to bring security to AI development teams
  • SPAIN: Flipflow raises €3M to boost its agentic intelligence platform for retail
  • UK: Circular11 secures €2.7M to turn low-grade plastic waste into building materials
  • FRANCE: Upstream raises $3M to launch collaborative AI inbox backed by YC and Xavier Niel
  • UK: AethexAI raises $3M to build voice AI infrastructure for Africa and the Middle East
  • UK: Laverock Therapeutics awarded £2.2M through innovation grants
  • DENMARK: Everyday^ closes €2.5M in a pre-seed round to develop intelligent home infrastructure across Europe
  • SPAIN: Zazume secures €2.5M to grow rental property management business
  • UK: Poindexter Labs raises £2M to improve training data for advanced AI
  • SPAIN: Opereit raises $2.5M to tackle logistics’ trillion-euro problem with AI agents
  • NETHERLANDS: New Dawn Bio raises €2.1M pre-seed round for cultured wood
  • POLAND: Molfar raises €1.5M to bring tactical anti-drone radar systems closer to the frontline
  • UK: Gnosis Health secures £1.1M to accelerate Parkinson’s care
  • SPAIN: Used by Desigual, AWWG and Fútbol Emotion, Spanish AI fashion platform Modelia raises €1.03M
  • SPAIN: DARWIN Biomed boosts its growth with a €1M funding round
  • NETHERLANDS: SolarDew raises €800,000 to scale solar-powered drinking water tech
  • ITALY: Vivilo raises €628,000 pre-seed round for AI-powered event content
  • BELGIUM: Sensie raises €500,000 to bring real-time plant intelligence to greenhouse growers
  • SWEDEN: Schibsted invests €300,000 in sharing economy service Hygglo
  • SWITZERLAND: hephaistos.bio secures €161,000 to advance sustainable chemical manufacturing
  • GERMANY: LVM Insurance is investing an undisclosed sum in travelträger
  • GERMANY: Visionaries Club, Yellow, Plug & Play, Outlier Grove, and others are investing in ContextFab
  • GERMANY: Zelara secures an undisclosed sum investment
  • UKRAINE: Defensetech startup DoD Solution raised pre-seed investment from NETWORK.VC DEFENSE fund
  • GERMANY: Behold Ventures and IBB Ventures, along with several business angels, are investing an undisclosed sum in Honig Games


Exits and M&A activity

  • SPAIN: Entravel Group acquires Moca Traveltech to expand across Spanish-speaking travel markets
  • GERMANY: Berlin-founded Contentful snapped up by Salesforce
  • UK: Vertice acquires Vendr to build AI-powered procurement intelligence platform
  • SPAIN: CommerceClarity acquires Katalogo.ai
  • UK: XFolio AI buys Absolute Payments to unify treasury and payments for UK corporates
  • FRANCE: Ornikar acquires En Voiture Simone to outpace the competition
  • SWEDEN: Eivora is acquired by Allabolag’s owner
  • AUSTRIA: Salesforce acquires Contentful
  • SWITZERLAND: SEALSQ acquires majority stake in Wecan Group
  • GERMANY: The Norwegian company UniSea is acquiring the Berlin-based maritime tech company Kaiko Systems
  • FRANCE: Resilio acquires Greenoco and strengthens commitment to sustainable tech
  • SWITZERLAND: Quantum Design completes acquisition of Qnami
  • SPAIN: Barceló acquires 100% of Atrápalo to strengthen its digital business